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Opinion 94-19
… (need to establish sinking fund) STATE CONSTITUTION, ARTICLE VIII, §2; LOCAL FINANCE LAW, §§21.00(d), 57.00(e), … and the amount received upon issuance of such bonds. Article VIII, §2 of the State Constitution, which sets forth … January 1, 1994, in several respects. The amended article VIII, §2 authorizes municipalities to repay debt with …
https://www.osc.ny.gov/legal-opinions/opinion-94-19Opinion 2005-4
… Education Law and the voter approval requirements provided by section 1951 of the Education Law. You ask whether a board … certain reserve funds. General Municipal Law §6-p, added by chapter 518 of the Laws of 1996, authorizes “municipal … paid into the fund “amounts from any other fund authorized by this chapter by resolution subject to permissive …
https://www.osc.ny.gov/legal-opinions/opinion-2005-4DiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety
Corporate retailers Macys and Ross Stores have agreed to shareholder proposals filed by the New York State Common Retirement Fund Fund that asked the companies to report on how they monitor their overseas apparel suppliers and subcontractors to protect human and workplace standards
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safetyDiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… application delays, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit of the Office …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysDiNapoli: Major Retailers Agree to Stronger Supplier Oversight
… New York State Comptroller Thomas P. DiNapoli today announced that Fortune 500 retailers Dollar Tree and Dillard’s have agreed to new reporting standards …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-major-retailers-agree-stronger-supplier-oversightDetermining the Ex-spouse's Share – Divorce and Your Benefits
… assets subject to equitable distribution in the event of a divorce. A member and ex-spouse may establish a pension … marriage (xx/xx/xxxx) and the date of commencement of the divorce action (xx/xx/xxxx). The numerator may also be … specific date, most commonly the commencement date of the divorce action. This ensures that increases in earnings and …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareContract Participation of Disadvantaged Business Enterprises and Minority- and Women-Owned Business Enterprises
… monitor its contractors, and report to the Department of Economic Development (DED) how much was paid to all … involving federal money, including the current New NY Bridge project (the Tappan Zee Bridge replacement), the … contractors, and report to the New York State Department of Transportation (NYSDOT) how much was paid to all …
https://www.osc.ny.gov/state-agencies/audits/2016/06/30/contract-participation-disadvantaged-business-enterprises-and-minority-and-women-ownedAssessment and Collection of Selected Penalties
… The proceeds of these penalties are to be deposited in the State's general fund. Key Findings While WCB properly bills … penalties, including referral to the Attorney General and State Insurance Department. Adjust accounts receivable and …
https://www.osc.ny.gov/state-agencies/audits/2013/09/24/assessment-and-collection-selected-penaltiesComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… "President Trump’s decision to walk away from the Paris Agreement is a mistake, is bad … alternative instruments. … President Trumps decision to walk away from the Paris Agreement is a mistake is bad policy …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders
… in favor of a proposal filed by the New York State Common Retirement Fund (Fund) and the New York City Pension Funds. DiNapoli serves as the trustee of the Fund and Lander … Investors have now spoken. It is the time for the board to act." “Shareholders have sent a loud and clear message to …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-landers-proposal-calling-wells-fargo-board-report-efforts-prevent-discrimination-andRecord of Activities (ROA) – Reporting Elected and Appointed Officials
… They are a retiree of NYSLRS or another New York State public retirement system; They are a Tier 1 member; or … The official should extend the period of his or her ROA by the amount of time used for vacations, illness, holidays … meeting Personal volunteer work Services not paid for by the municipality (for example, wedding ceremonies) When …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/record-activities-roaGeneseo Central School District – IT Asset Management (S9-22-11)
… IT inventory records or establish adequate controls to safeguard IT assets. As a result, officials cannot assure … spent or safeguarded. We selected 55 IT assets to confirm their location and that they were inventoried, and 10 additional IT assets to confirm they were inventoried. We found 12 percent of the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/geneseo-central-school-district-it-asset-management-s9-22-11Best Practices – Information Technology Contingency Planning
… There are several steps entities can take to improve their chances of quickly recovering from an IT … IT systems and electronic data. It may be necessary to include outside parties such as the organization’s IT … and services. In the event of an incident, personnel need to quickly recognize situations that are of greater severity …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/best-practicesBrighton Central School District – IT Asset Management (S9-22-6)
… percent of the sampled assets were not properly accounted for. Specifically: Three iPads costing approximately $1,260 … and officials did not adopt a comprehensive written policy for IT equipment inventory. Key Recommendations Maintain …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/brighton-central-school-district-it-asset-management-s9-22-6Gloversville Enlarged School District – IT Asset Management (S9-22-12)
… safeguarded information technology (IT) assets acquired or in use during the audit period. Key Findings District officials did not appropriately track or inventory IT assets, maintain complete IT inventory records or establish adequate controls to safeguard IT assets. As a …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/gloversville-enlarged-school-district-it-asset-management-s9-22-12Lewiston-Porter Central School District – IT Asset Management (S9-22-14)
… IT inventory records or establish adequate controls to safeguard IT assets. As a result, officials cannot assure … spent or safeguarded. We selected 72 IT assets to confirm their location and that they were inventoried, and 10 additional IT assets to confirm they were inventoried. We found 33 percent of the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/lewiston-porter-central-school-district-it-asset-management-s9-22-14DiNapoli: MTA Must Prioritize Safety and Service to Win Riders Back
… funding and communication efforts on improvements in these key areas. If the authority can assure safe and … subway system is, by and large, a safe place. However, the crime rate has increased as incidents of crime have outpaced the growth in ridership. In 2022, there …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-mta-must-prioritize-safety-and-service-win-riders-backDiNapoli Estimates LIRR Strike Could Cause Up to $50 Million in Economic Loss Daily
… Comptroller Thomas P. DiNapoli today estimated a potential Long Island Rail Road (LIRR) strike could cause up to $50 million …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-estimates-lirr-strike-could-cause-50-million-economic-loss-dailyMinimum Qualifications - Auditors
… is dedicated to attracting bright, capable individuals who will bring energy and commitment to its auditing programs. To … Trainee , you must within nine months of applying: Hold or will hold a bachelor’s degree in one of the following … Information Systems or related IT field OR Hold or will hold any bachelor’s degree At least 24 credit hours in …
https://www.osc.ny.gov/jobs/qualifications-auditorsOvertime Limits for Tier 6
… Overview For members of Tier 6, New York State Retirement and Social Security Law limits the amount of … January1, 2018, the overtime limit was applied each State fiscal year (April 1 – March 31), so from April 1, 2017 …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-6