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DiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… said. “His clear eye on long-term sustainable returns is integral to what makes our fund one of the nation’s … million members, retirees and their beneficiaries.” “Nav is a valued partner to me in our investment process,” … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fundReporting Unclaimed Funds to New York State
… securities to the New York State Comptroller’s Office of Unclaimed Funds. Entities required to report and remit unclaimed funds include, for example, banks, insurance …
https://www.osc.ny.gov/unclaimed-funds/reportersDiNapoli: State’s Paid Family Leave Program Helping Millions of New Yorkers
… military service. The program began providing benefits on Jan. 1, 2018; maximum weeks of leave and percentages of … weekly benefit payments were phased in over four years by Jan. 1, 2021. Analysis Economic and Policy Insights – New …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-states-paid-family-leave-program-helping-millions-new-yorkersState Agencies Bulletin No. 1890
… Employees All employees who receive a Form W-2 Wage and Tax Statement for calendar year 2020 are affected. Background … E) for 2020, and the Instructions for Form W-2 (Wage and Tax Statement), employers are required to furnish each … Insurance NYS-Ride Transportation Benefit Program CUNY Pre-tax and After-tax Transit Benefit CUNY Transit Benefit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1890-form-w-2-wage-and-tax-statement-calendar-year-2020Division of Housing and Community Renewal Bulletin No. DH-123
… Purpose The purpose of this bulletin is to provide the Division of Housing and Community Renewal … the Rent Regulations Services Unit – BU67 who have opted to participate in the Over40 Comp Time II Cash Out program are affected. Background Pursuant to a side letter contained in the 2021-2023 Agreements …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-123-2022-rrsu-over-40-comp-time-ii-cash-outSUNY Bulletin No. SU-333
… Purpose The purpose of this bulletin is to provide agency instructions for processing the 10/01/2022 … (Administration PP 14L Pay End Date) are eligible to receive the stipend increase for 10/01/2022: Bargaining … Actions Approved Salary Rates (Position Data Page) Prior to processing the stipend increase, agencies must update the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-333-october-2022-stipend-increase-gnsu-employees-representedDiNapoli: MTA Needs to Improve Efforts to do Business with Minority- and Women-Owned Businesses
… a good-faith effort to achieve those goals, and report quarterly on their MWBE participation to the Department of … Enterprises, or go to: http://www.osc.state.ny.us/audits/allaudits/093015/14s6.pdf …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-needs-improve-efforts-do-business-minority-and-women-owned-businessesDiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington
… trillion, and brought in nearly $2.8 trillion in revenue, with a budget deficit of $680 billion. That same year, the … Overall, 39 states had a positive balance of payments with the federal government, and 11 were in the negative. … York received an estimated $123 billion in this category, with a per capita average that was close to the national …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washingtonArchived: Legislative Session 2015 –2016
… each category of projects for which financial assistance is provided, and uniform project agreements Notice of Reserve … (DeFrancisco) – The purpose of this proposed legislation is to increase the transparency, accountability, efficiency … for an increase in the dollar amount the Comptroller is permitted to hold in indebtedness of certain agencies, …
https://www.osc.ny.gov/legislation/archived-legislative-session-2015-2016June 2002: Advance Refunding Bonds
… done? In an advance refunding, bonds are refinanced (paid off) by issuing new bonds. Typically, the proceeds of … is the new schedule for the Long-term Debt Account Group, should report the new debt, but not the old debt. How is debt … (after payment of $ x.x million in underwriting fees, insurance, and other issuance costs) were used to purchase …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsDebt – 2021 Financial Condition Report
… 2020-21, State-Funded debt outstanding per capita was $3,500. State-Funded debt was equivalent to 4.8 percent of State … debt. New York issues State-Supported debt to fund certain capital purpose grants to other entities, which …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtContract Participation of Minority- and Women-Owned Business Enterprises
… enterprises; met these goals; and accurately reported its results to the Department of Economic Development. Background … short of reaching its goals; did not accurately report the results of its efforts; and, in fact, overstated the extent … risk of fraud. The unreliability of MWBE utilization data results in a questionable baseline for managing a critical …
https://www.osc.ny.gov/state-agencies/audits/2015/09/10/contract-participation-minority-and-women-owned-business-enterprisesSelected Controls Over the Property Tax Assessment Process
… assessors input data into DOF’s Computer Assisted Mass Appraisal (CAMA) system to collect property-related …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processLabor Investigations in New York City
… is adequately conducting labor violation investigations in New York City. The audit covered the period from January … a sharp increase – of 68% – in child labor law violations in New York in 2022 compared with 2021. The Department is … which comprises 14 District Offices, including seven 2 in New York City, is responsible for receiving and …
https://www.osc.ny.gov/state-agencies/audits/2024/01/31/labor-investigations-new-york-cityControls Over the Empire State Supportive Housing Initiative
… Objectives To determine whether the Office of Temporary and Disability … Empire State Supportive Housing Initiative are sufficient to ensure high-risk target populations’ needs are met and … To determine whether the Office of Temporary and Disability …
https://www.osc.ny.gov/state-agencies/audits/2024/08/08/controls-over-empire-state-supportive-housing-initiativeState Agencies Bulletin No. 2393
… is to provide agency instructions for processing the 2025 SSU Uniform Cleaning and Maintenance Allowance. Affected … in the Security Services Unit. Effective Dates: The 2025 SSU Uniform Cleaning and Maintenance Allowance can be … in Administration Pay Period 18L, paychecks dated 12/17/2025 or Institution Pay Period 18L, paychecks dated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2393-2025-uniform-cleaning-and-maintenance-allowance-eligible-employeesCUNY Bulletin No. CU-454
… Purpose To provide instructions for processing payroll deductions for the 2013 United Way of CUNY Campaign … 897. Affected Employees All employees Effective Date(s) Payroll deductions for the 2013 United Way of CUNY Campaign … from the Office of the CUNY University Director of Payroll Systems and Operations. These transactions will need …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-454-2013-united-way-cuny-campaignTown of Oxford – Financial Condition (2024M-135)
… $1.3 million. OSC previously released an audit of the Town in 2017 which identified budgets that relied on fund balance … $315,279 of nonexistent town-wide (TW) fund balance in the 2019 through 2023 fiscal years and used $350,000 in revenue anticipation notes (RANs) to address cash flow …
https://www.osc.ny.gov/local-government/audits/town/2025/07/25/town-oxford-financial-condition-2024m-135CUNY Bulletin No. CU-434
… Purpose To provide instructions for processing payroll deductions for the 2012 United Way of CUNY Campaign … 897. Affected Employees All employees Effective Date(s) Payroll deductions for the 2012 United Way of CUNY Campaign … from the Office of the CUNY University Director of Payroll Systems and Operations. These transactions will need …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-434-2012-united-way-cuny-campaignState Comptroller DiNapoli Releases Municipal & School Audits
… and could not demonstrate that $8 million held in seven of these reserves was reasonable or needed. In addition, the … balance ranging from $2.4 to $3 million (10.3 to 12.8%) of the next year’s budget (during the same period), which … funded by $304,641 and a debt reserve, with a balance of approximately $1 million, was not used to pay debt-service …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits-0