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New York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… Despite increased market volatility, and the worst December for the Dow Jones Industrial Average since 1931, the … profits for the broker/dealer operations of New York Stock Exchange member firms (the traditional measure of … currently assumes that statewide bonuses for the broader finance and insurance sector will decline by nearly 15 …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellOpinion 89-38
… Benefits (authority of a school district to purchase insurance to provide benefits to the beneficiaries of a … LAW, §§90, 113, 470: A school district may not purchase insurance to provide benefits to the beneficiaries of a … agreement, under which the school district will purchase insurance to provide for payments to the surviving spouses of …
https://www.osc.ny.gov/legal-opinions/opinion-89-38State Agencies Bulletin No. 1971.3
… AC 2772, Direct Deposit Form for NYS Employees has been updated to include an exemption section. As a result, a … in this field matches the last 4 of the employee’s SSN. Phone: OSC does not specify what phone number the employee … Deposit fraud occurrences and has identified routing numbers associated with a high rate of fraud. When entered …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19713-direct-deposit-guidance-and-audit-queryFirst Quarter 2022 Local Sales Tax Collections Up 21 Percent
Local government sales tax collections totaled nearly $5.2 billion in the first quarter of 2022, an increase of 21.1 percent, or $901 million, compared to the same quarter the previous year. This growth was at least partially driven by inflation, which hit a 40-year-high in March, most notably for g
https://www.osc.ny.gov/files/local-government/publications/2022/pdf/2022-sales-taxes-first-quarter.pdfFirst Quarter 2022 Local Sales Tax Collections Up 21 Percent
Local government sales tax collections totaled nearly $5.2 billion in the first quarter of 2022, an increase of 21.1 percent, or $901 million, compared to the same quarter the previous year. This growth was at least partially driven by inflation, which hit a 40-year-high in March, most notably for g
Selected Aspects of Capital Program Project Management
… During the construction phase, a Construction Manager (CM) takes over the project. During this phase, additional … additional training) to avoid recurrence. Require the CM office to verify the number and title of employees on site … document any exceptions to this requirement. Require the CM office to document specific lessons learned in the AWO. …
https://www.osc.ny.gov/state-agencies/audits/2019/07/29/selected-aspects-capital-program-project-managementDiNapoli Warns Federal Cuts to Health Care Could Hurt Millions of New Yorkers
… and some members of Congress could cut federal funding for those programs by billions of dollars and jeopardize health care coverage for many residents, according to a report released today by … of large numbers of non-disabled adults and children, for whom Medicaid costs are lower than for certain other …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-warns-federal-cuts-health-care-could-hurt-millions-new-yorkersChanges in Federal Policies Pose Significant Risks for New York City's Budget
… in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a significant threat to the city’s finances, according to a report released today … York City’s economy is strong, the 2018 budget is balanced and the out-year gaps are manageable under current …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetCUNY Bulletin No. CU-513
… for the following retroactive hourly rate increases. Rates Effective Title 7/1/08 1/1/09 7/1/09 1/1/10 7/1/11 … Processing Date(s) Increases may be submitted in Pay Period 11C (Institution), paychecks dated 09/03/2015 New … date. For example, if appropriate, submit the 07/01/08 Pay Change, followed by the 01/01/09, 07/01/09, 01/01/10, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-513-cuny-retroactive-salary-rate-increases-plumbers-supervisorEmployment Recovery Is Slow for New Yorkers with Disabilities
… rates for people with disabilities, and these rates have not declined as quickly in New York as they have nationally. 1 In addition, the … 2009–2022 Note: New York data are not available prior to 2009. Source: U.S. Department of … rates for people with disabilities and these rates have not declined as quickly in New York as they have nationally …
https://www.osc.ny.gov/reports/employment-recovery-slow-new-yorkers-disabilitiesDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… how much should go into the fund each year and setting the conditions for withdrawals. His report found the city’s … Defining the purposes of the rainy-day fund, the conditions for withdrawal and the order in which accounts … how much should go into the fund each year and setting the conditions for withdrawls …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: NYC Immigrant Workforce Below 2015 Peak
… war or a natural disaster, but in late 2017, the federal government ended the program for people coming to the U.S. … 23% in 2023. DiNapoli recommended: The city do more to support all younger workers, including immigrants, by advertising and uplifting the Summer Youth Employment Program, which is open to residents 14 to 24 …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-nyc-immigrant-workforce-below-2015-peakDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… Small businesses with fewer than five employees grew over 10% in New York City during the COVID-19 pandemic, according to a … to how people work and how businesses operate, along with federal aid, allowed people to either start a business … Small businesses with fewer than five employees grew over 10 in New York City …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityNYS Comptroller DiNapoli Leads Coalition of Comptrollers & Treasurers Opposing Trump Repeal of Clean Power Plan
… people to come to the aid of the planet. We also must find innovative solutions to fund the clean-energy infrastructure that no …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-leads-coalition-comptrollers-treasurers-opposing-trump-repeal-clean-powerOversight of Juvenile Justice Facilities
… of Children and Family Services’ (OCFS) mission is to serve New York’s public by promoting the safety, permanency, … misconduct, restraints of youth) occur, facilities log and report them as required. From 2018 to 2022, the … that all the required medical assessments were completed on time) and missing history and systems review forms (used …
https://www.osc.ny.gov/state-agencies/audits/2024/04/03/oversight-juvenile-justice-facilitiesEast Ramapo Central School District – Budget Review (B25-5-2)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to determine whether the significant revenue and … 2023-24 fiscal year operating surplus, we conducted a review of the District’s adopted budget for the current … The purpose of our budget review was to determine whether the significant revenue and …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/03/east-ramapo-central-school-district-budget-review-b25-5-2Climate Act Goals – Planning, Procurements, and Progress Tracking
… Act requires that a minimum of 70% of statewide electric generation secured by load-serving entities (entities subject … increase electricity demand and lower projected generation, such as increased push to transition to electric … review progress toward Climate Act goals with updated generation and electricity demand forecasts. While PSC noted …
https://www.osc.ny.gov/state-agencies/audits/2024/07/16/climate-act-goals-planning-procurements-and-progress-trackingDiNapoli: Numbers of Homeless Population Doubled in New York
… announced affordable housing proposals in their recent 2025 policy addresses. The report also notes that New York …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-numbers-homeless-population-doubled-new-yorkTransforming Into Construction & Development
To determine whether the reorganization of the Metropolitan Transportation Authoritys MTA Capital Construction to the renamed MTA Construction Development as part of transforming the MTA resulted in improved service levels for customers process efficiencies and cost reductions
https://www.osc.ny.gov/state-agencies/audits/2025/10/22/transforming-construction-developmentAnnual Invoice
… Overview Your annual invoice is provided at the beginning of November. If … is available in Retirement Online . Payment for your annual invoice is due by February 1, 2026. Since this due … daily interest at a rate of 5.9 percent. Viewing Your Annual Invoice Sign in to Retirement Online . From Account …
https://www.osc.ny.gov/retirement/employers/annual-invoice