Search
State Comptroller DiNapoli and Department of Financial Services Acting Superintendent Asrow Designate New Banking Development District to Support Community Banking in the Towns of Shandaken and Olive
… the approval of the towns of Shandaken and Olive as a Banking Development District (BDD), and the State Comptroller … across the state where there is a demonstrated need for banking services. DFS administers the program and recently … qualified banks and credit unions to open or maintain banking branches in underserved areas, and, subject to a DFS …
https://www.osc.ny.gov/press/releases/2026/05/state-comptroller-dinapoli-and-department-financial-services-acting-superintendent-asrow-designateDiNapoli Releases Fiscal Stress Scores for 17 Cities
… between March 31 and July 31. “Whether a municipality is impacted by economic challenges or structural budget imbalances, our monitoring system is producing data that can help better predict fiscal … stress score which classifies whether a municipality is in “significant fiscal stress,” in “moderate fiscal …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-releases-fiscal-stress-scores-17-citiesIX.6.E Education Department - G5 System – IX. Federal Grants
… known as G5 which was developed in 2007. The G5 system is a full lifecycle, end-to-end, grants management system … all its grants. To receive funds through G5, each agency is required to register their UEI and the State’s Tax … G5 drawdown page contains a “Last Day to Draw” field that is strictly enforced by the system. Since OSC BSAO draws down …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6e-education-department-g5-systemDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… through the first two months of the state fiscal year is good news and gives reason for optimism about the economic recovery. The state is emerging from the pandemic on solid fiscal footing because … Still, economic uncertainties remain and caution is warranted going forward.” Tax receipts through May totaled …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsXVI.3.I Budgetary Presentation – XVI. Financial Reporting
… Information - Budgetary Basis Reporting. This presentation is mandated by GASB Codification Section 2400, which requires … disbursements for the year. The cash basis financial plan is presented as a basis of comparison with actual because it is the primary document which reflects the State's intended …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3i-budgetary-presentationXIX.3 Project IDs with Multiple Funding Sources – XIX. Project Costing (PCIP)
… funding sources, considering the following questions: What is my total project budget? What is my total project cost? Encumbrance? What is my federal versus state match spending? What are my …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix3-project-ids-multiple-funding-sourcesContract Advisory No. 16
… Report ( AC 3272-S ), commonly referred to as “Form B,” is used to report the information. The annual reports for the … 1st - March 31st) are due no later than May 15 th . It is imperative that Vendors use the correct Agency Business … should also be given to ensure the correct information is being entered, including the contract number. For …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/16-state-consultant-services-contractors-annual-employment-reports-due-may-15thCattaraugus County – Internal Controls Over Inmate Healthcare (2013M-123)
… through December 19, 2012. Background Cattaraugus County is located in the southwest portion of New York State and has a population of 80,317. The County is governed by a 21-member Legislature. The Chairman of the Legislature is the County’s chief executive officer; however, the …
https://www.osc.ny.gov/local-government/audits/county/2013/06/28/cattaraugus-county-internal-controls-over-inmate-healthcare-2013m-123West Glens Falls Fire Company No. 1 – Financial Operations (2013M-383)
… was to assess controls to ensure that financial activity is properly recorded and that Company moneys are safeguarded … Background The West Glens Falls Volunteer Fire Company #1 is a volunteer organization located in the Town of Queensbury in Warren County. The Board of Directors, which is responsible for the Company’s overall general and …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/04/11/west-glens-falls-fire-company-no-1-financial-operations-2013mGenesee County Industrial Development Agency – Project Approval and Monitoring (2014M-66)
… January 1, 2012 through January 27, 2014. Background GCIDA is the sole IDA for Genesee County. The GCIDA Board consists … who are appointed by the County Legislature. The Board is responsible for the general management and control of … and new employees and the related compensation. There is no data or basis to demonstrate how GCIDA established its …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/05/14/genesee-county-industrial-development-agency-projectCity of Troy – Budget Review (B17-5-13)
… Background The City of Troy, located in Rensselaer County, is authorized to issue debt not to exceed $24,706,000 to … these agreements are settled. The City’s proposed budget is in compliance with the tax levy limit. Key Recommendations If is essential the Council make the appropriate modifications …
https://www.osc.ny.gov/local-government/audits/city/2017/10/31/city-troy-budget-review-b17-5-13Town of Edwards – Internal Controls Over Selected Financial Operations (2013M-20)
… through April 30, 2012. Background The Town of Edwards is located in St. Lawrence County and has a population of … provided to its residents. The Town Board, which is composed of five members, is the legislative body responsible for the general …
https://www.osc.ny.gov/local-government/audits/town/2013/04/12/town-edwards-internal-controls-over-selected-financial-operations-2013m-20Village of Huntington Bay – Compensation of Officials and Credit Cards (2012M-198)
… April 30, 2012. Background The Village of Huntington Bay is located in the Town of Huntington, in Suffolk County and … were approximately $2.1 million. Key Findings The Village is compensating the appointed Building Inspector and elected … policy to describe the types of purchases allowed, when it is appropriate to use the credit card, and what documentation …
https://www.osc.ny.gov/local-government/audits/village/2013/02/08/village-huntington-bay-compensation-officials-and-credit-cards-2012m-198Village of Rockville Centre – Cash Receipts from Recreational Activities and Information Technology (2013M-63)
… May 31, 2012. Background The Village of Rockville Centre is located in the Town of Hempstead, Nassau County. The Village is governed by an elected Board of Trustees which consists of … of a transaction, or designed procedures so that someone is reconciling and reviewing the daily cash list to properly …
https://www.osc.ny.gov/local-government/audits/village/2013/05/31/village-rockville-centre-cash-receipts-recreational-activities-and-informationNorthern Onondaga Public Library District – Cash Disbursements (2013M-236)
… Background The Northern Onondaga Public Library District is located in the Towns of Clay and Cicero in Onondaga … A 12-member Board of Trustees governs the District and is elected by District residents. The 2013 budgeted operating … controls over cash disbursements to ensure that cash is properly safeguarded. Board members and the Treasurer do …
https://www.osc.ny.gov/local-government/audits/library/2013/11/08/northern-onondaga-public-library-district-cash-disbursements-2013m-236Town of Sheridan – Cellular Phones (2013M-334)
… through October 11, 2013. Background The Town of Sheridan is located in Chautauqua County. The Town is governed by an elected Town Board comprised of a Town … should be reimbursed, when payments are due and what is to be done if someone does not reimburse the Town in a …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-sheridan-cellular-phones-2013m-334Town of Clarence – Controls Over Fuel and Vehicle Fleet Management (2013M-312)
… September 18, 2013. Background The Town of Clarence is located in Erie County and has a population of approximately 30,000 residents. The Town is governed by a five-member elected Board comprised of a … the fuel monitoring system in the highway department is not being used to its fullest capabilities. Employee and …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-clarence-controls-over-fuel-and-vehicle-fleet-management-2013m-312SUNY Bulletin No. SU-60
… represented by United University Professions (UUP). There is no dues rate increase. However, the salary threshold … a base annual salary of $20,986 or less, the deduction is .9% of the adjusted biweekly gross. For employees with a base salary of $20,986.01 or more, the deduction is 1% of the adjusted biweekly gross. There is no annual …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-60-correction-bulletin-no-su-60-relating-dues-structureDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… suppliers in Bangladesh and should explain what steps it is taking to ensure human rights are upheld there and throughout its supply chain. Safety in the workplace is not just a human right; it is necessary to good business management and integral to …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsDiNapoli: State Pension Fund Releases Annual Investment Return
… assured their pensions are secure,” DiNapoli said. “There is no doubt that challenges lie ahead, with concerns over a … interest rate increases, but the state pension fund is well positioned to weather these storms.” The Fund's value … (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to the …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-return