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Partial Lump Sum Payment – Special 20- and 25-Year Plans
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … pension payment, at the end of the month following your retirement month. Eligibility To be eligible for the PLS … 25-year plan; Have been eligible to retire with a service retirement benefit for at least one year before your date of …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentPartial Lump Sum Payment – State Police Plan
… your PLS along with your first pension payment, at the end of the month following your retirement month. Eligibility To … when various percentages become available. Your Single Life Allowance will be reduced by the percentage of the PLS …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentState Comptroller DiNapoli Releases Municipal Audits
… that employees were paid appropriately. As a result, for the limited periods reviewed, 11 employees (15%) received … were overpaid by $49,000 with two officers accounting for $39,000 of the total. The payroll clerk accrued and used unauthorized leave and paid herself for more time than she was entitled, resulting in …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of Cattaraugus County , Town of Cheektowaga , Village of Endicott , Rensselaer County Water and Sewer Authority and West Glens Falls Fire Company #1 . “In today’s fiscal climate, budget …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … full access rights to record financial transactions in the accounting system with no oversight. Facility officials did … or provide oversight of disbursements related to the district’s line of credit, payroll or petty cash. …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Great Demand For NYS General Obligation Bonds Allows State to Reduce Costs to Taxpayers
… of bonds offered, which allowed the State to reduce yields in many maturities. Ultimately, retail orders supported over … RBC Capital Markets and Seibert Williams Shank & Co.. In addition, BofA Securities, Inc. acted as Lead Dealer …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-great-demand-nys-general-obligation-bonds-allows-state-reduce-costs-taxpayersState Comptroller DiNapoli Releases Municipal & School Audits
… board may have been able to avoid increasing the 2023-24 tax levy. Lake Placid Central School District – Investment …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-audits-1State Comptroller DiNapoli Releases School Audits
… announced his office completed audits of the Alden Central School District , East Aurora Union Free School District and the …
https://www.osc.ny.gov/press/releases/2017/03/state-comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases School Audits
… completed audits of the Burnt Hills-Ballston Lake Central School District , Ellenville Central School District , Lake Pleasant … (Saratoga County) District officials properly accounted for employee leave accruals and made accurate separation …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-audits-1City of Amsterdam – Budget Review (B23-5-4)
… exceed $8.3 million to liquidate the cumulative deficits in the City’s general, transportation, sewer and recreation … The significant revenue and expenditure projections in the 2023-24 proposed budget are reasonable. However, we … City officials did not implement all recommendations in our previous budget review letter when preparing the …
https://www.osc.ny.gov/local-government/audits/city/2023/05/05/city-amsterdam-budget-review-b23-5-4State Comptroller Thomas P. DiNapoli Statement on New York City Adopted Budget Agreement
… laid out earlier this year on public and mental health, childcare subsidies, employment, safety, housing … in reserves and other fungible resources (including the Retiree Health Benefits Trust) as of the close of FY 2022. These …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-thomas-p-dinapoli-statement-new-york-city-adopted-budget-agreementXI.2.D Vendor Name on Contractual Agreements – XI. Procurement and Contract Management
… When entering into a contract, State agencies should reference the contractor’s legal name … is registered in the Statewide Vendor File and has a valid New York State Vendor ID. The Statewide Vendor File identifies a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2d-vendor-name-contractual-agreementsState Agencies Bulletin No. 1893
… New Earnings Code Description ARO Adj Retro Raise for OT and RCL ARC Adjust Retro Raise for C19 OT OSC has … The Earnings Codes and the amount will be displayed on the payroll register. The earnings description and the amount will be displayed on the employee’s paycheck or advice. Questions Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1893-reporting-adjustments-overtimeStandardized Forms – Travel and Conference Expense Management
… of the importance of providing all required information in order to ensure a timely audit and payment of their reimbursement claim. These forms can be designed in either a manual or electronic format. An electronic format … A travel reimbursement form should request information in the following areas: Purpose and dates(s) of the travel – …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/standardized-formsState Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued. Town of Orange – Former Highway Superintendent’s Records (Schuyler … the superintendent pled guilty to attempted obstruction of governmental administration and was sentenced to a … Plattekill Public Library – Procurement and Investment of Funds (Ulster County) The board did not always comply with …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-municipal-audits-1Allegany-Limestone Central School District – Reserve Funds and Fixed Assets (2013M-228)
… The Allegany-Limestone Central School District is located in Cattaraugus County. The District is governed by the Board … As of June 30, 2013, the District had more than $2 million in a debt service reserve that District officials could not … fixed assets, without any formal control procedures in place for this process. Our review of 50 movable assets …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/allegany-limestone-central-school-district-reserve-funds-and-fixed-assetsDiNapoli: Wallkill Fire District Board Chair Charged with Stealing $240,000
… bills. He also forged a travel agent invoice to inflate reimbursement for a trip to New Orleans and submitted $3,325 …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-wallkill-fire-district-board-chair-charged-stealing-240000State Comptroller DiNapoli Statement on New York City Financial Plan
… with employment growth and improvement in the commercial real estate market expected to slow from earlier projections. The … help residents access state relief programs, including for small businesses, and that the federal government …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-planComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … era of limited resources and increased accountability, it’s critical that schools make every dollar count,” DiNapoli … 2012-13, the district’s unrestricted unappropriated fund balance exceeded the 4 percent statutory limit. However, the …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-school-audits-1New York’s Economy and Finances in the COVID-19 Era
… State Fiscal Year 2020-21 Enacted Budget: Budgeting in a Time of Crisis Subscribe for Latest News and Updates … In the …
https://www.osc.ny.gov/reports/covid-19-december-16-2020