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DiNapoli: State Pension Fund Releases Annual Investment Return
… Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnState Agencies Bulletin No. 1079
… 2011 Background The dues structure for the Organization of New York State Management/Confidential Employees, Incorporated … by their salary rates. If the NS salary (Gr 600's), the OS salary (Gr 700's) and the Trainees salary (Gr 800's) is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1079-organization-new-york-state-managementconfidential-employeesDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… Thomas P. DiNapoli released the following statement in support of a shareholder proposal presented at Ralph Lauren’s annual shareholders meeting in Manhattan today. The proposal, filed by the AFL-CIO, urges … how it handles potential and actual human rights risks in its operations and supply chain. “The devastating loss of …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsXVI.3.I Budgetary Presentation – XVI. Financial Reporting
… General Fund and the major Special Revenue Funds and Notes to Required Supplementary Information - Budgetary Basis … the other hand, represent spending authorization but they do not necessarily reflect what the State intends to disburse …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3i-budgetary-presentationXIX.3 Project IDs with Multiple Funding Sources – XIX. Project Costing (PCIP)
… PCIP, the practice of establishing a Project as equal to one funding source becomes obsolete. PCIP enables agencies to use the … project within one SFS Project ID, regardless of funding source. Project IDs should be aligned to support multiple …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix3-project-ids-multiple-funding-sourcesCattaraugus County – Internal Controls Over Inmate Healthcare (2013M-123)
… 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 …
https://www.osc.ny.gov/local-government/audits/county/2013/06/28/cattaraugus-county-internal-controls-over-inmate-healthcare-2013m-123State Agencies Bulletin No. 278
… programs that use the overtime calculation (Salary plus additional pay factors X .00075). Fields required: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/278-tracking-expenditures-related-overtime-worked-due-events-september-11Village of Rockville Centre – Cash Receipts from Recreational Activities and Information Technology (2013M-63)
… Background The Village of Rockville Centre is located in the Town of Hempstead, Nassau County. The Village is … IT. We found that copies of back-up data are not stored in a secure off-site location, and the Board has not … of cash receipts. Review the duties of those involved in the cash receipts process in the recreation center and …
https://www.osc.ny.gov/local-government/audits/village/2013/05/31/village-rockville-centre-cash-receipts-recreational-activities-and-informationTown of Edwards – Internal Controls Over Selected Financial Operations (2013M-20)
… condition and internal controls over cash disbursements for the period January 1, 2011, through April 30, 2012. … of five members, is the legislative body responsible for the general management and control of the Town’s … not adequately segregated. The Supervisor is responsible for preparing and disbursing checks, preparing monthly bank …
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)
… Purpose of Audit The purpose of our audit was to examine the Village’s method of compensating Village … for any purchases; it did not specify who was authorized to use the credit cards, for what purpose the cards could be … usage. The Village had two major credit cards, one issued to the Mayor and one issued to the Administrator. The Mayor …
https://www.osc.ny.gov/local-government/audits/village/2013/02/08/village-huntington-bay-compensation-officials-and-credit-cards-2012m-198Town of Clarence – Controls Over Fuel and Vehicle Fleet Management (2013M-312)
… 18, 2013. Background The Town of Clarence is located in Erie County and has a population of approximately 30,000 … dispensing fuel to document each transaction in a log. Regularly compare documented amounts to the master meter readings to ensure fuel dispensed according to the log agrees with meter readings. Combine the fuel needs of the …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-clarence-controls-over-fuel-and-vehicle-fleet-management-2013m-312IX.6.E Education Department - G5 System – IX. Federal Grants
… peer review, award, payment, performance monitoring, and final closeout of the grant award. The UEI number for each state agency functions as an account on G5. Therefore, each state agency must use the same UEI … Approved requests are then paid to the State the next business day via the ACH system. The G5 system also provides …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6e-education-department-g5-systemTown of Sheridan – Cellular Phones (2013M-334)
… 11, 2013. Background The Town of Sheridan is located in Chautauqua County. The Town is governed by an elected Town … service were relatives of Town managers. By participating in the Town’s plans, these individuals generally paid only … what is to be done if someone does not reimburse the Town in a timely manner. Key Recommendations Adopt a formal cell …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-sheridan-cellular-phones-2013m-334DiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… of the state fiscal year is good news and gives reason for optimism about the economic recovery. The state is … higher than the same period last year. State Operating Funds spending through May totaled $17.1 billion, which was … and general state charges. Spending from State Operating Funds was $1.1 billion lower than projected. As of May 31, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsNorthern Onondaga Public Library District – Cash Disbursements (2013M-236)
… the disbursements and no one reviews the processed payroll reports prior to disbursement or regularly reviews … to apply the Board President’s signature with a stamp to payroll disbursements. The Board has allowed the bookkeeper − … payment. Require that the Director reviews and certifies payroll reports prior to the distribution of paychecks and …
https://www.osc.ny.gov/local-government/audits/library/2013/11/08/northern-onondaga-public-library-district-cash-disbursements-2013m-236DiNapoli Releases Fiscal Stress Scores for 17 Cities
… issued fiscal stress scores today for the 17 cities in New York that have fiscal years ending between March 31 … stress score which classifies whether a municipality is in “significant fiscal stress,” in “moderate fiscal stress,” is “susceptible to fiscal …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-releases-fiscal-stress-scores-17-citiesContract Advisory No. 16
… Services Contractors Annual Employment Reports Due May 15th …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/16-state-consultant-services-contractors-annual-employment-reports-due-may-15thState Agencies Bulletin No. 1737
… of the April 2019 M/C LLS payment and provide instructions for payments not processed automatically Affected Employees … 130 and the Division of the Budget Bulletin D-1140 provide for payment of the 2019-2020 Longevity Payment effective … (Administration Pay Period 3L). There is no direct deposit for this payment. Eligibility Criteria Employees in graded …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1737-april-2019-management-and-confidential-mc-longevity-lump-sum-llsState Agencies Bulletin No. 825
… and changes. Affected Employees Eligible employees in Bargaining Unit 05 Effective Date Paychecks dated 7/3/08 … Pay increases. Time Entry increases will be covered in a separate payroll bulletin and paid in the pay period following payment of the Salary, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/825-april-1-2007-and-april-1-2008-salary-and-other-increases-employeesState Agencies Bulletin No. 1234
… implemented the 2011-2015 Agreement between the State of New York and PEF, provides for payment of the 2012-2013 … results in a salary below the Job Rate of the grade of the new position and has received an April 2013 LLS payment, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1234-april-2013-public-employees-federation-pef-longevity-lump-sum-lls