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Debt – 2023 Financial Condition Report
… to finance future capital assets and grants. New York State Ranks Second Highest in Outstanding Debt Nationwide At … State debt reported in accordance with Generally Accepted Accounting Principles (GAAP), an increase of $4.3 billion or … next five years, declining to $3.7 billion in SFY 2027-28. For both SFYs 2020- 21 and 2021-22, new debt issuances were …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtState Agencies Bulletin No. 2096.1
… is to notify agencies of OSC’s automatic processing of title changes, reallocations, and increased hiring rates of … Affected Employees: Employees occupying an approved title on or after the effective date of the title change and reallocation are affected. Note : Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20961-reallocation-nursing-titlesState Agencies Bulletin No. 2096
… and Institution): Employees Currently Occupying a PR-50 Underfill Position (NYS Position Beginning with 62) in … Manually The following Action/Reason Code(s) must be used when submitting transactions through the Job Action Requests … Code RGO). Correcting an Automatic Retroactive Adjustment When certain conditions exist in an employee’s record, an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2096-reallocation-nursing-titlesIII.8 Confidential, Personal, and Private Information – III. Statewide Financial System (SFS)
… OVERVIEW AND POLICIES There are many State and Federal laws governing the access and dissemination of confidential, … There are many State and Federal laws governing the access and dissemination of confidential …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii8-confidential-personal-and-private-informationSouth Glens Falls Central School District - Fund Balance (2018M-90)
… Determine whether the District accurately reported fund balance and other related accounts, and whether fund balance was within the statutory limit. Key Findings Unrestricted fund balance was not reported accurately because … Determine whether the District accurately reported fund balance and other related accounts and whether fund …
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/05/south-glens-falls-central-school-district-fund-balance-2018m-90Mandatory Contributions – Enhanced Reporting
… Contributions are mandatory for: Tier 1 and 2 members participating in a contributory plan; Certain military service credit; Tier 3 members covered under Retirement and Social Security Law (RSSL) Article 14; Tier 4 and 5 members covered under RSSL Article 15; PFRS Tier 5 …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-contributionsOnondaga County Industrial Development Agency - Project Approval and Monitoring (2019M-160)
… related to job creation and capital investment. Four companies received sales tax exemptions that exceeded … verified and supported. Develop procedures to monitor that companies’ actual capital investments are consistent with … to compare the actual sales tax exemptions claimed by companies with the amounts authorized by the Board. Recapture …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2019/11/01/onondaga-county-industrial-development-agency-projectState Contract and Payment Actions in September
… of the Kosciuszko Bridge in Kings County. $3.5 million to Monroe County for rehabilitation of the Greater Rochester International Airport. $2.9 million to National Railroad Passenger …
https://www.osc.ny.gov/press/releases/2019/10/state-contract-and-payment-actions-septemberSelected Employee Travel Expenses
… does not have an accurate means of verifying personal use mileage and therefore the accuracy of the imputed mileage reported on employees' W-2 forms from calendar years … trips are identified for reimbursement. Ensure that the mileage for all non-business use of official vehicles is …
https://www.osc.ny.gov/state-agencies/audits/2014/02/25/selected-employee-travel-expensesDiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue
… New York City’s finances have stabilized amid declining costs for asylum seekers and strong revenue, largely from … for FY 2026 through FY 2028, which anticipate higher costs for items like social services, education and the … forecasted with revenue expected to be stronger and costs for asylum seekers expected to decline. Federal fiscal …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-nyc-finances-stabilizing-drop-costs-asylum-seekers-and-resilient-tax-revenueOpinion 92-51
… AGENCIES -- Officers and Employees (reimbursement for expenses incurred by member's spouse) PUBLIC OFFICERS AND EMPLOYEES -- Reimbursement for Expenses (spouses' expenses - spouse of member of IDA) … reimburse members of the agency or its executive director for the travel expenses incurred by the spouses of a member …
https://www.osc.ny.gov/legal-opinions/opinion-92-51DiNapoli: Young People in NYC Still Face Double-Digit Unemployment
… than two years after the height of the COVID-19 pandemic, young people in New York City continue to face double-digit unemployment, with young men experiencing the greatest challenges in finding … must take steps to strengthen career opportunities for young job seekers or the city’s economic recovery will be …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentCUNY Bulletin No. CU-574
… Purpose To inform agencies of raise eligibility and to provide agencies with the procedures for reporting … certain salary increases. Affected Employees Annual and Hourly Blue and White Collar employees in the following Negotiating … This bulletin informs agencies of raise eligibility and provides agencies with the procedures for reporting …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-574-2011-2017-blue-and-white-collar-retroactive-general-salaryDiNapoli: New Law Makes It Easier for the Comptroller To Return Your Lost Money
… Luis Sepúlveda and Assemblymember John T. McDonald III. “My office holds over $19 billion in unclaimed funds, and we … can easily claim their money. By simplifying the process, my office will be able to return lost money even faster while … and thanks to their efforts, it will be even easier to connect New Yorkers with their lost money.” The average claim …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-new-law-makes-it-easier-comptroller-return-your-lost-moneyClimate Act Goals – Planning, Procurements, and Progress Tracking
… Climate Act requires that a minimum of 70% of statewide electric generation secured by load-serving entities … planning processes and restructure or repurpose the electric transmission infrastructure as needed to meet … generation, such as increased push to transition to electric vehicles by 2035 and the cancellation or delay in …
https://www.osc.ny.gov/state-agencies/audits/2024/07/16/climate-act-goals-planning-procurements-and-progress-trackingDiNapoli: Major Retailers Agree to Stronger Supplier Oversight
… that will help ensure greater transparency and safety in their suppliers’factories. The agreements will help … and accountability surrounding workers’rights result in stronger, more sustainable companies and better returns on … Sadly, it took the deaths of more than 1,100 workers in a Bangladesh factory collapse one year ago to spur global …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-major-retailers-agree-stronger-supplier-oversightState Agencies Bulletin No. 1843
… Withholding SWH Self Service NPO Tax Data TAX Time Entry TIM Workers Compensation WCP See attached document for the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1843-updates-existing-and-new-locked-queries-psqueryVillage of Fairport Industrial Development Agency – Board Governance (2015M-195)
… benefit corporation which offers assistance, including commercial loans and exemptions from certain taxes, to … Development Company, and it inappropriately commingled bank accounts and accounting records for the three entities. … its own governance structure and separate and distinct bank accounts and accounting records. Consider amending the …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2016/03/31/village-fairport-industrial-development-agency-boardDiNapoli: Wall Street Bonuses Edge Up in 2014
… not been withheld. DiNapoli also reported that: The bonus pool for securities industry employees who work in New York … in 2014 was a bit smaller than the increase in the bonus pool (3 percent) because the pool was shared among a larger number of employees than in …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014College of Optometry – Selected Employee Travel Expenses
… which are discretionary and under the control of agency management, include car rentals, meals, lodging, … incidental costs such as airline baggage and travel agency fees. As part of a Statewide initiative to determine whether …
https://www.osc.ny.gov/state-agencies/audits/2013/02/14/college-optometry-selected-employee-travel-expenses