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State Agencies Bulletin No. 286
… updates Payroll Bulletin 201 in relation to the processing and taxation of educational assistance benefits for 2001 … benefits are taxable, with the following clarifications and exceptions: No tax withholding is required on educational … the minimum educational requirements of the job; AND Must not qualify the employee for a promotion or transfer …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/286-educational-assistance-benefitsDiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… estimated value of the New York State Common Retirement Fund Fund was $2746 billion at the end of the second quarter …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarterDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… Ten years after Superstorm Sandy devastated the New York City metropolitan area, killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared for another catastrophic … Ten years after Superstorm Sandy devastated the New York City metropolitan area killing dozens of people …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersVillage of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)
… plus 50 percent of certain permit fees. This type of arrangement is usually indicative of an independent contractor relationship. Requests for payment are submitted monthly by voucher. The Building … and does not receive any fringe benefits. During our audit period, this individual received $84,197, nearly $73,000 of …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43National Investors Call for Workplace Disability Inclusion
… — investing. Citizens, employees and shareholders will now be watching how companies respond to this new challenge and which … on or advance in their disability inclusion journey should attend the Disability:IN Annual Conference on July …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionCosts to Administer the Insurance Division Operations for the Three Fiscal Years Ended March 31, 2012
… merger of the former Departments of Insurance and Banking on October 3, 2011. The Department's Insurance Division … States branches of foreign insurers domiciled in New York State. Section 332 requires the State Comptroller to audit the expenses of the Department's …
https://www.osc.ny.gov/state-agencies/audits/2013/10/09/costs-administer-insurance-division-operations-three-fiscal-years-ended-march-31-2012DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… the end of the second quarter of the state’s fiscal year. For the three-month period ending Sept. 30, 2022, Fund … world and we expect a challenging investment environment for the foreseeable future. Still, the Fund is highly … found the Fund “continues to be a leader amongst its peers for management and operational transparency.” DiNapoli …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterCost-Saving Ideas: How to Reduce Energy Costs
… district or local government by paying less for energy and consuming less energy. Reducing energy consumption also … host utility. The utility continues to deliver electricity and natural gas but energy service companies (ESCOs) can sell … thermostats to raise air conditioner settings and lower heating settings. Resources Energy-cost saving ideas in audit …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-how-reduce-energy-costsDiNapoli Announces Staff Appointments
… his 42 years at the Comptroller’s office, he has served in multiple positions, including most recently as an … He received a Bachelor of Business Administration in Accounting from Siena College, an Advanced Undergraduate Diploma in English History from Oxford University and a Master in …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-staff-appointmentsState Comptroller DiNapoli Releases Municipal Audits
… adequately safeguard information technology (IT) resources to ensure personal, private and sensitive information (PPSI) was protected. The failure to protect PPSI can have significant consequences on the … IT control weaknesses were communicated confidentially to officials. City of Johnstown – Financial Management …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli Releases Report on Tax Check-Off Donations
… Legislation proposed by DiNapoli's office was enacted to improve the pace at which tax check-off contributions are put … to improve transparency and accountability for how the funds are used. Key findings include: Through SFY … and Operation; Women's Cancers Education and Prevention; Mental Illness Anti-Stigma; and NYS Teen Health Education. …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-report-tax-check-off-donationsState Agencies Bulletin No. 1426
… by any State agency. The employee is due any regular and/or lump sum payments that are equal to or exceed the … as described in Payroll Bulletin No. 908 (Non-Negotiated and/or Undeliverable New York State Payroll Checks) was … as a tool for agencies to identify outstanding checks and take appropriate action. Questions Questions regarding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1426-schedule-submitting-2015-year-end-returned-checksState Agencies Bulletin No. 1511
… Background To maintain the efficiency of AC-230 processing and ensure accuracy of W-2 reporting for 2016, agencies must … by any State agency. The employee is due any regular and/or lump sum payments that are equal to or exceed the … as described in Payroll Bulletin No. 908 (Non-Negotiated and/or Undeliverable New York State Payroll Checks) was …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1511-schedule-submitting-2016-year-end-returned-checksNYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsOversight of Smart Schools Bond Act Funds
… Objective To determine whether the State Education Department (Department) is monitoring the use … The Smart Schools Bond Act (Act) was approved by New York State voters in November 2014, authorizing the issuance of up … technology and infrastructure for students throughout the State. Under the Act, school districts were allocated a …
https://www.osc.ny.gov/state-agencies/audits/2020/06/10/oversight-smart-schools-bond-act-fundsTown of Guilford - Justice Court Accountability (2018M-248)
… to identify outstanding balances. The Court has a shortage of $370 and unidentified funds of $8,207. Key Recommendations The current Justice should: Prepare a list of Court liabilities and compare it to reconciled bank …
https://www.osc.ny.gov/local-government/audits/justice-court/2019/08/02/town-guilford-justice-court-accountability-2018m-248Johnsburg Central School District - Extra-Classroom Activity Funds (2018M-150)
… and collections and disbursements were properly accounted for. Key Findings Collections totaling $26,598 for 10 fundraising activities were not supported by adequate … funds spent are supported by adequate documentation and for appropriate purposes. Prepare check disbursements only …
https://www.osc.ny.gov/local-government/audits/school-district/2019/02/01/johnsburg-central-school-district-extra-classroom-activity-funds-2018mState Agencies Bulletin No. 1770
… Purpose The purpose of this bulletin is to notify agencies of the 2019 Year End processing schedule for AC-230s (Report … The purpose of this bulletin is to notify agencies of the 2019 Year End processing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1770-schedule-submitting-2019-year-end-returned-checksAccounts Payable Advisory No. 51
… Subject : New section to provide guidance to assist agencies in determining … : Guide to Financial Operations (GFO), Chapter XII, Section 4.B.1 – Supporting Information Guidance : Title 2, … information. Please refer to the GFO Chapter XII, Section 4.B.1 – Supporting Information for additional …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/51-supporting-informationDiNapoli Releases Recommendations From Decarbonization Advisory Panel
… State Common Retirement Fund (Fund) and recommends ways for the Fund to build on its climate change work to protect … firm. She was the in-house climate change subject matter expert at the Ontario Teachers' Pension Plan, one of the … It has consistently been ranked as one of the best managed and best funded plans in the nation. It was …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panel