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City of Newburgh – Budget Review (B23-6-9)
… our budget review was to determine whether the significant revenue and expenditure projections in the City’s 2023 … The City should refrain from including the $1.5 million revenue and corresponding expenditures in their 2024 adopted … is no assurance the State will appropriate additional money for this program in fiscal year 2024-25. The City could …
https://www.osc.ny.gov/local-government/audits/city/2023/11/17/city-newburgh-budget-review-b23-6-9DiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… potential stranded assets, physical risk exposure and development of climate solution products and services. “MSCI … demonstrate transition readiness, including: Athabasca Oil Corp., Canadian Natural Resources Ltd., Cenovus Energy Inc., Husky Energy, Imperial Oil, and MEG Energy Corp., resulting in the Fund continuing to restrict …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programTemporary Assistance – Federal Funding and New York
… families and individuals through child care, tax credits and other services, but the largest portion is spent … lowincome families and individuals through child care tax credits and other services but the largest portion is spent …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/temporary-assistanceOpinion 88-23
… 803 provides that disclosure shall not be required in the case of an interest in a contract described in General … work. We note, however, that, even though this may be the case, the exception in subdivision (1)(b) would still not be … (General Municipal Law, §800[3]) If this is not the case, the board member would have a prohibited interest in …
https://www.osc.ny.gov/legal-opinions/opinion-88-23New York City Restaurant, Retail and Recreation Sectors Still Face Uphill Recovery
This report examines the damage the pandemic has inflicted on the RRR sectors, and considers the distribution of federal funds for businesses in the City, particularly for businesses in low- and moderate-income communities and in historically underutilized business zones.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2022.pdfCity of Yonkers – Budget Review (B23-6-5)
… [read complete report – pdf] Purpose The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the City’s proposed budget for the 2023-24 fiscal year are reasonable. Background The City of Yonkers is authorized to issue debt not to exceed $45 …
https://www.osc.ny.gov/local-government/audits/city/2023/05/16/city-yonkers-budget-review-b23-6-5Opinion 96-4
… Korn v Gulotta , supra, the Court of Appeals invalidated a county budget because the estimated year-end cash balance in the county's general fund as set forth in the budget did not include moneys which county officials desired to set aside for a three-year tax …
https://www.osc.ny.gov/legal-opinions/opinion-96-4Reporting Through Retirement Online – Legacy Reporting
… Retirement Online allows you to securely report service and salary information and contribution, loan and … with you and your reporting file creators (whether outside payroll service providers or in-house IT staff) to advance to …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-through-retirement-onlineDiNapoli Audit Finds Gaps in NYC School Safety Planning
… of school violence and establishes a statewide uniform system for reporting violent incidents. The SAVE Act also … school safety plans to the State Police and establish a system to ensure that up-to-date building floor plans are …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-audit-finds-gaps-nyc-school-safety-planningComptroller DiNapoli: 26 School Districts in Fiscal Stress
… fiscal stress” and the remaining 21 as “susceptible to fiscal stress.” The scores are based on the evaluation of …
https://www.osc.ny.gov/press/releases/2019/01/comptroller-dinapoli-26-school-districts-fiscal-stressEmployer Estimated Invoice
… purposes. It approximates your final annual invoice. If you have the Billing Security Role, we notify you when your estimated invoice is available in … Fund Balance link on the Billing Dashboard. Your invoice does not provide this information. If You Need Help If you …
https://www.osc.ny.gov/retirement/employers/employer-estimated-invoiceDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… costs for households in the New York City metropolitan area grew by about 56% between 2012-13 and 2022-23, less than … utilization of public transit. Transportation Type In 2023, 48% of New York City households relied on public … to pre-pandemic levels, with another assumed in the MTA budget in 2027 as it returns to biennial increases of 4%. …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentDiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… Thomas P. DiNapoli released the following statement today in response to the Governor’s 9th Proposal for the 2018 State … greenhouse gas emissions. We will be expanding this effort in 2018. The Fund’s commitment to sustainable investments is … to identify additional ways to continue our progress in achieving investment returns, while contributing to the …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-stateMaine-Endwell Central School District – Financial Condition (2013M-49)
… The Maine-Endwell Central School District is located in the Towns of Maine, Nanticoke, Union, Newark Valley, and Owego, in Broome and Tioga Counties. The District is governed by the … of programs and services while keeping the tax levy as low as possible. However, they were able to do so only by …
https://www.osc.ny.gov/local-government/audits/school-district/2013/05/31/maine-endwell-central-school-district-financial-condition-2013m-49Comptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … a result, the district’s unexpended surplus funds declined to a deficit of $1.1 million. In addition, the district … borrowed nearly $10 million during the same time frame to meet short-term cash flow needs, incurring $150,000 in …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-school-auditsDiNapoli Releases Fiscal Stress Scores
… A total of 20 local governments in New York State ended their fiscal year 2021 designated in some form of fiscal stress , down …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-releases-fiscal-stress-scoresDiNapoli: 26 School Districts in Fiscal Stress
… monitoring system creates an overall fiscal stress score which drives the classification. This year, two school … and Schenevus (Otsego). A report released by DiNapoli today in conjunction with the fiscal stress scores showed the … cities later this year. The monitoring system does not score New York City. DiNapoli's office recently implemented …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-26-school-districts-fiscal-stressDiNapoli: Queens Economy Takes Off
… hospitality, business services and retail were responsible for more than two-thirds of the new jobs. The unemployment … shares. In 2016, Hispanics and Latinos accounted for 28 percent of the population, whites for 25 percent, … a record 567,800 jobs in 2017. The average private sector salary was $48,400 in 2016 (the latest available data), the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offDiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… 2024. The slow return of subway ridership is predominantly in the outer boroughs, while major transit hubs continue to … longer afford to pay for the debt service on $9.8 billion in debt it had planned to issue for the transit and commuter … will move forward with the most ambitious capital program in its history, which it has barely been able to start, while …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programLife Changes: Membership in a Nutshell
… “Public employment” means paid service as an officer or employee with an employer that participates in NYSLRS. …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshell