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DiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… pandemic as sales tax revenues shrink and state aid is in jeopardy,” DiNapoli said. “This legislation, proposed by my office, will help ease the burdens they will face until … years 2015 through 2021; providing additional options to spend or temporarily transfer moneys in reserve funds for …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicComptroller DiNapoli Releases Municipal Audits
… seek necessary approval to establish any of these reserve funds. In addition, internal controls over the justice …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-municipal-audits-0DiNapoli Releases Report on 30-Day State Budget Amendments
… by the Executive to allocate certain financial settlement funds, and instead add $4.55 billion to existing …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli Applauds Top Court Ruling Reaffirming Audit Powers
… power was properly focused on billing records for State payments. … New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-applauds-top-court-ruling-reaffirming-audit-powersDiNapoli: Rochester Woman Pleads Guilty to Stealing $121,000 in Pension Checks Sent to Late Grandmother
… pleaded guilty to stealing more than $121,000 in state pension checks that were sent to her deceased grandmother, … continue partnering with law enforcement to protect the pension system and its members.” “Elona Roberts abused a … that victimize our entire state.” “The New York State Pension System is a benefit for those who give themselves in …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-rochester-woman-pleads-guilty-stealing-121000-pension-checks-sent-late-grandmotherAdult-Use Cannabis (AUC)
… referred to as marijuana or recreational marijuana, in New York State. MRTA also establishes rules for the collection and subsequent distribution of taxes collected from the retail sale of AUC. All counties and New York City are eligible to receive tax revenue from the sale of AUC …
https://www.osc.ny.gov/local-government/resources/adult-use-cannabis-aucDiNapoli: MTA Faces Its Greatest Challenges in Decades
… was just 83 percent completed 13 years after its start date. In response to the deterioration in service, the MTA …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-mta-faces-its-greatest-challenges-decadesOpinion 99-16
… Duties (authority to indemnify custodial bank) MUNICIPAL FUNDS -- Deposits and Investments (authority to indemnify … procedures for securing deposits and investments of public funds by local governments. All public deposits in excess of …
https://www.osc.ny.gov/legal-opinions/opinion-99-16DiNapoli Releases Executive Budget Report
… budgetary challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement … are not specifically defined, including $200 million for upstate revitalization initiatives. Proposes authorization … Read the report , or by go to: http://www.osc.state.ny.us/reports/budget/2016/review_of_executive_budget_2016.pdf …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportOpinion 90-54
… which provide for Qualified Domestic Relations Orders (QDRO's) (see ERISA, §4[b] and IRC, §414[P][9]). QDRO's apply only to plans to which IRC, §401(a)(13) also … plans, governmental plans are not required to accept a QDRO. However, the New York Court of Appeals in Majauskas v …
https://www.osc.ny.gov/legal-opinions/opinion-90-54Opinion 90-1
… supra ). Under such an agreement, the town may agree to pay an amount toward equipping, operating and maintaining a …
https://www.osc.ny.gov/legal-opinions/opinion-90-1DiNapoli: Thruway Authority Toll Increases Should Be Last Option
… tolling and TBM issues . Before asking system users to pay more, the Thruway should address its implementation …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-thruway-authority-toll-increases-should-be-last-optionDiNapoli Calls for Long-Needed State Debt Reform
… 2022-23 Enacted Budget Capital Plan, released in May 2022, are for transportation, higher education, economic …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-calls-long-needed-state-debt-reformOpinion 89-53
… to the active membership of each company. 1979 Opns St Comp No. 79-102, p 19 superseded to the extent inconsistent. … use and benefit of the fire department. In 1979 Opns St Comp No. 79-102, p 19, we concluded that the apportionment … (115 AD2d at 113, 494 NYS2d at 919; see also 1986 Opns St Comp No. 86-16, p 27). In so doing, the court rejected the …
https://www.osc.ny.gov/legal-opinions/opinion-89-53Opinion 88-62
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … capital reserve funds for the purpose of financing all or part of the cost of the "construction, reconstruction or acquisition" of a specific or type of "capital …
https://www.osc.ny.gov/legal-opinions/opinion-88-62DiNapoli and William Glasgall Op-Ed
… municipal securities issuers of municipal bonds to file documents with either entity prior to a sale, more disclosure …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-and-william-glasgall-op-edDiNapoli: Some Affordable Apartments for Seniors Left Vacant for Years
… to 60% of the area median. Rentals developed through SARA funds are given out by lottery, with 30% set aside for … funding SCHAP in May 2020. At that time any remaining funds were supposed to be returned to HPD. Nearly two years …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-some-affordable-apartments-seniors-left-vacant-yearsXIV.2 Obligation, Accounting and Budget Dates – XIV. Special Procedures
… section defines dates required for various transactions in the Statewide Financial System (SFS). In SFS, transactions … (i.e., periods in which a transaction can be posted). The current accounting period is the current month but the … the Budget Date will default to the current date. For GL Journal Entries, the Budget Date will default to the Journal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv2-obligation-accounting-and-budget-datesVII.3 AP Adjustment Voucher Overview – VII. State Revenues and Appropriated Loan Receivables
… Reductions and/or close out of agency “cash advance” funds – a full or partial amount advanced to an authorized … receive the credit. The depositing bank will recoup the funds from where it was misapplied. DTF – Treasury will …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3-ap-adjustment-voucher-overviewState Comptroller DiNapoli Releases State Revenue Projection to Reflect Coronavirus Impact
… budget which reflects an estimate of the economic impact and ongoing volatility stemming from the spread of the … DiNapoli examine the revenue projection that the Governor and State Legislature agreed to on March 1 before they adopt … Cuomo is below: Dear Governor Cuomo: In response to your March 10, 2020 letter, the Office of the State …
https://www.osc.ny.gov/press/releases/2020/03/state-comptroller-dinapoli-releases-state-revenue-projection-reflect-coronavirus-impact