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City of Troy – Budget Review (B20-5-11)
… review was to determine whether the significant revenue and expenditure projections in the City’s proposed budget for … general fund for the years ending December 31, 1993, 1994 and 1995. New York State Local Finance Law requires all … are outstanding. Key Findings The significant revenue and expenditure projections in the proposed budget are …
https://www.osc.ny.gov/local-government/audits/city/2020/11/06/city-troy-budget-review-b20-5-11DiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… Housing costs in New York rose sharply relative to income from 2000 to 2012, with more … the percentage of homeowners above the affordability level rose from 26.4 in 2000 to 33.9 percent in 2012. For some New … for inflation, median monthly housing costs in New York rose by 18.6 percent for renters and 9.9 percent for …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideUnified Court System Bulletin No. UCS-289
… of service in their current grade during the fiscal year and have been rated at least “Satisfactory” to be … of at least “Satisfactory” for service during the previous year. Longevity Increment (Salary Plans NUC, UCO, UCS) … Step 2; and Has completed 120 full workdays in each fiscal year; and Has a Pay Basis Code of ANN on the payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-289-april-2020-state-new-york-unified-court-system-ucs-incrementsImproper Fee-for-Service Payments for Pharmacy Services Covered by Managed Care (Follow-Up)
… Purpose To determine the extent of implementation of the three … We also recommended the Department take corrective action to help ensure managed care enrollment information is entered … corrective actions. Key Finding Department officials have made some progress in addressing the problems we …
https://www.osc.ny.gov/state-agencies/audits/2016/09/23/improper-fee-service-payments-pharmacy-services-covered-managed-care-followTown of Waterloo – Financial Management (2022M-7)
… did not maintain accurate accounting records and reports. In addition, the Board did not: Implement adequate corrective …
https://www.osc.ny.gov/local-government/audits/town/2022/07/29/town-waterloo-financial-management-2022m-7DiNapoli: Lack of Transparency With School Districts' Financial Reports May Leave Taxpayers in the Dark
… need this information to make informed decisions on how they will vote on school budgets. District officials have … Report School District Website Transparency Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-lack-transparency-school-districts-financial-reports-may-leave-taxpayers-darkDiNapoli: Increase in Older Inmates Challenges New York's Prison System
… experts, aimed at addressing an aging inmate population. For example, some experts have suggested that because of … issues stemming from New York's aging prison population. This information would help policy makers, advocates, and … financial data and information on 130,000 state contracts, visit Open Book New York . The easy-to-use website was …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-increase-older-inmates-challenges-new-yorks-prison-systemMedicaid Program – Claims Processing Activity April 1, 2020 Through September 30, 2020
… program, and the remaining ten providers entered into federal settlements. Key Recommendations We made 12 …
https://www.osc.ny.gov/state-agencies/audits/2021/09/21/medicaid-program-claims-processing-activity-april-1-2020-through-september-30-2020DiNapoli: Wall Street Bonuses Edge Up in 2014
… The average bonus paid in New York City's security industry rose by 2 percent to …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014DiNapoli: MTA Financial Outlook Improved
… should look for ways to minimize future increases.” The average subway fare rose by 45 percent between 2007 and 2015, … through 2020. The MTA projects a year-end cash balance of $200 million in 2016 (two-thirds higher than previously … or taxpayers. The MTA is funding 40 percent of the cost of the capital program ($11.8 billion), including $8.2 …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedOpinion 92-38
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … CHIEF -- Powers and Duties (continuation of service until new chief appointed) -- Vacancy (procedure for filling in …
https://www.osc.ny.gov/legal-opinions/opinion-92-38Continuity of Operations Planning (Follow-Up)
To assess the extent of implementation as of August 27 2019 of the two recommendations included in our initial audit report
https://www.osc.ny.gov/state-agencies/audits/2019/09/11/continuity-operations-planning-followRailroad Bridge Inspection Program (Follow-Up)
… Purpose To determine the extent of implementation of the six … the Department properly oversaw railroads in the State to ensure they meet the bridge inspection requirements. We … audit recommendations, one has been implemented, four have been partially implemented and one is no longer …
https://www.osc.ny.gov/state-agencies/audits/2016/10/04/railroad-bridge-inspection-program-followTown of Milford – Financial Condition (2013M-355)
… Purpose of Audit The purpose of our audit was to assess the Town’s financial condition for the period … recurring revenues. The Board used unexpended fund balance to finance the Town’s increasing expenditures. The Board did … multiyear financial and capital plan, nor did it have any other mechanism in place to adequately address the …
https://www.osc.ny.gov/local-government/audits/town/2014/03/21/town-milford-financial-condition-2013m-355State Police Bulletin No. SP-45
… $308.87 for specialty training. Overtime Calculation and Retirement Salary Credit Effective with the payment of this … using the Training Stipend amount in the Additional Pay panel for overtime worked September 13, 2001 thru … 11, 2002. The Training Stipend is included as salary for retirement purposes. Agency Processing Procedures The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-45-training-stipends-fiscal-years-1999-2000-2000-2001-and-2001-2002How Contribution Rates Are Determined – What Every Employer Should Know
… NYSLRS’ Actuary ensures that adequate assets are being accumulated to pay benefits as they become due … benefits (actuarial liabilities). Some of the factors used to determine the value of future benefits include: … each plan allows for different benefits. Rev. 2/23 … What every employer should know about NYSLRS what it means to …
https://www.osc.ny.gov/retirement/employers/partnership/how-contribution-rates-are-determinedOverview – What Every Employer Should Know
… employer, you pay your share of the annual cost of your employees’ future benefits. NYSLRS’ Actuary must ensure that … invoice of your annual contributions for the current State fiscal year (April 1 – March 31). Every November, we … most recently completed fiscal year. Annual contribution rates also play a major role in the total amount of your …
https://www.osc.ny.gov/retirement/employers/partnership/about-employer-contribution-rates/overviewStay Informed – World Trade Center Presumption
… information. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …
https://www.osc.ny.gov/retirement/publications/world-trade-center/stay-informedDiNapoli: Overtime Costs at State Agencies Reached All-Time High in 2021
… The total cost of overtime in 2021 reached an all-time high at more than $924 million, … of the state’s overtime in 2021 came from the Office for People with Developmental Disabilities (OPWDD), the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-overtime-costs-state-agencies-reached-all-time-high-2021Opinion 95-8
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. COUNTIES -- Powers … enforcement purposes subaccount of the general fund of the state where the claiming agent is an agency of the state or …
https://www.osc.ny.gov/legal-opinions/opinion-95-8