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DiNapoli: State Pension Fund Value $206.9 Billion
… earned an estimated 11.35 percent return on investments in the state fiscal year that ended on March 31, 2018. The … York taxpayers.” During state fiscal year 2018, the Fund’s public equities, including domestic and non-U.S. holdings, … beneficiaries. Employer contribution rates are determined by investment results over a multi-year period along with …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionSUNY Bulletin No. SU-360
… of this bulletin is to provide instructions to agencies for processing the 2024 $3000 UUP Non-Pensionable Lump Sum … in the UUP bargaining unit listed above may be eligible for a one-time lump sum payment. The one-time lump sum … Employees who meet the following criteria are eligible for both halves of the Non-Pensionable Lump Sum Payment: On …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-360-professional-services-negotiating-unit-psnu-employeesDiNapoli: MTA Budget Outlook Improves
… an analysis of the MTA’s financial plan released today by New York State Comptroller Thomas P. DiNapoli. The MTA plans … needed to finish the East Side Access project and to begin new expansion projects, such as the next phase of the Second … and ridership on Metro-North Railroad is on track to set a new record in 2013. Ridership on the Long Island Rail Road is …
https://www.osc.ny.gov/press/releases/2013/09/dinapoli-mta-budget-outlook-improvesOpinion 89-25
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … in the combined reserve fund would be transferred to a new repair reserve fund established by the village for the … v City of Elmira , 308 NY 249; Wein v City of New York , 36 NY2d 610, 370 NYS2d 550). Since we understand, …
https://www.osc.ny.gov/legal-opinions/opinion-89-25Wyoming County Court and Trust Funds (2020-C&T-2)
… on an annual basis to the State Comptroller accounting for all money, securities and other properties deposited to the … the Treasurer for a period of three years, together with all accumulated interest, less the Treasurer’s statutory … property. The Treasurer should, after public notice, pay all such abandoned property to the State Comptroller by the …
https://www.osc.ny.gov/local-government/audits/court-and-trust/2020/05/08/wyoming-county-court-and-trust-funds-2020-ct-2DiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… the school year ending on June 30, 2020. “This is a time of unprecedented uncertainty as the COVID-19 pandemic … if their fiscal stress scores were low in the early days of the crisis.” The Fiscal Stress Monitoring System, which … stress”: Mount Vernon City School District in Westchester County and Northern Adirondack Central School District in …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressNew York Youth Jobs Program
… of Labor (Labor) is ensuring that employers meet New York Youth Jobs Program (Program) eligibility requirements … was established in 2011 under section 25-a of the New York State Labor Law (Law) and known formerly as both the New York …
https://www.osc.ny.gov/state-agencies/audits/2019/01/09/new-york-youth-jobs-programOpinion 98-15
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … (need for in town when selling historic building) GENERAL MUNICIPAL LAW, §119-dd; TOWN LAW, §64(2): A town may sell an … apply. We note that this conclusion is supported by the case of Grayson v Town of Huntington , 144 Misc 2d 1064, 545 …
https://www.osc.ny.gov/legal-opinions/opinion-98-15NYC Surplus Projected to Reach $550 Million in FY 2020
New York City now projects a surplus of $550 million in fiscal year 2020
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Medicaid Audits Find More Than $500 Million in Waste
… P. DiNapoli’s audits identified a total of $513 million in improper Medicaid payments and untapped revenue … released today. Auditors identified another $361 million in questionable transactions that will require further review … have ready access to the MCOs’ financial and program data in order to perform its mandated financial oversight …
https://www.osc.ny.gov/press/releases/2015/04/medicaid-audits-find-more-500-million-wasteXIX.6.D Reporting – XIX. Project Costing (PCIP)
… even though the total project costs are contained in one SFS Project. SFS reports include the full project budget, full project cost, and breakdown by federal funds and state funds, if a single … Fiscal Year and Accounting Period. The NYGR0210 will have two sections: Grant: Tracks and reports the federal funds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix6d-reportingState Comptroller DiNapoli Releases Municipal Audits
… financial operations including budgeting, reserves, payroll processing, IT and claims auditing. Also, the board …
https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-municipal-audits-0CUNY Bulletin No. CU-809
… to agencies for processing the CUNY 2021-2024 Retroactive Blue and White Collar general salary increases. Affected Employees: Employees in one of the below bargaining units who meet the eligibility … Memorandum of Agreement between the City University of New York and DC37 (2021-2027), SEIU Local 300 (2021-2026), …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-809-city-university-new-york-cuny-2021-2024-retroactive-blueAudit of the Tuition Reimbursement Account for the Five Fiscal Years Ended March 31, 2018
… Financial Statements of the Tuition Reimbursement Account for the five fiscal years ended March 31, 2018. About the Program Students are eligible for a tuition refund when they are enrolled in a … in operation – students who drop out are also eligible for a tuition refund. Students in such schools are also …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/audit-tuition-reimbursement-account-five-fiscal-years-ended-march-31-2018State Agencies Bulletin No. 1047
… Purpose To inform agencies of the process for handling the late submission of Form AC230 (Report of … there are processing limitations for AC230 received after this date. Impact on Employee Form-W2 Reporting The exception … as a tool for agencies to identify outstanding checks so appropriate action can be taken. Questions Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1047-processing-2010-salary-refunds-received-osc-after-january-7-2011Oversight of Pupil Transportation Services
… districts’ compliance with safety training requirements for school bus personnel and instructors to help ensure safe transportation for all pupils; and whether the Department is monitoring … 14, 2020. About the Program The Department is responsible for overseeing pupil transportation services provided by …
https://www.osc.ny.gov/state-agencies/audits/2020/10/14/oversight-pupil-transportation-servicesState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… New York State Comptroller Thomas P. DiNapoli today announced a $3 billion increase to the New York State Common Retirement Fund’s (Fund) … Administration in Washington may have withdrawn from the Paris Agreement, but in New York ‘We Are Still In’ and …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programProposed Regulations
… follows: (a) the annual reports of the public authority , in accordance with section 2800 of the Public Authorities … report s are [is] complete and have[ has] been prepared in conformity with this Part; Part 201.2 (e) is amended to … into, all contracts entered into with New York state business enterprises and the subject matter and value …
https://www.osc.ny.gov/legislation/proposed-regulationsUnified Court System Bulletin No. UCS-316
… 425 Repay State Loans/Debt 426 Higher Ed Repay State Loan 428 Dependent Care 433 Total Unemployment Ins Owed 442 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-316-april-2021-and-april-2022-state-new-york-unified-court-systemSelected Aspects of Capital Program Project Management
… To determine if Metropolitan Transportation Authority (MTA) – New York City Transit’s (Transit) Department of … the State Legislature mandated that the MTA prepare five-year capital programs to rebuild and improve its transit … projects and equipment purchases, provides a planning schedule, and identifies options for financing the plan. Each …
https://www.osc.ny.gov/state-agencies/audits/2019/07/29/selected-aspects-capital-program-project-management