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State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… made from this money will be overseen by Graycliff Partners, a new investment partner for the fund and one of 19 … “The In-State Private Equity Investment Program is proof that investing strategically in New York companies … our local economies.” The In-State Private Equity Program is designed to meet fiduciary standards and provide …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesTransparency and Accountability of Fiscal Activities in Villages (2024-MS-2)
… 532 villages ranging in size from fewer than 50 residents with a budget of $173,450 to almost 60,000 residents with a budget of $93.8 million. Villages provide essential … required fiscal year 2023 Annual Financial Report (AFR) with the Office of the State Comptroller (OSC) on time, 210 …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/transparency-and-accountability-fiscal-activities-villages-2024-ms-2State Comptroller DiNapoli Releases Municipal Audits
… clerk and surrogate's court were up-to-date and complete, with no material discrepancies. The commissioner established … and even though the financial duties are concentrated with the treasurer, the board did not receive or review bank … service costs in a manner that appears to be inconsistent with the contract. Auditors estimate the department was …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: SUNY Campuses Need to Focus on Tuition Paid by Out-Of-State Graduate Students
… SUNY is the nation’s largest public education system with 375,000 students and 64 institutions. Undergraduates who … campus interpreted residency requirements their own way, with some simply accepting what the student listed for … to four schools — Buffalo, Binghamton, ESF and Geneseo — with Buffalo having little or no documented support for …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-suny-campuses-need-focus-tuition-paid-out-state-graduate-studentsDiNapoli: New Yorkers’ Debt on the Rise
… card debt per capita were well above the national average, with student loan balances 335% higher than they were in … pandemic in 2020. We’re seeing debt rise for New Yorkers with student loans, mortgages and credit cards,” DiNapoli … of 2021, national household debt totaled $15.6 trillion with New York households accounting for $869.4 billion, or …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-new-yorkers-debt-riseDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… overtime costs in 2023 were $1.2 billion, down 11.6% from 2022, marking the first decrease in total overtime earnings … declined from 156,752 employees in 2014 to 142,396 in 2022. In 2023, the workforce increased for the first time … overtime earnings has coincided with this shift. Data from 2022 further indicate that attrition has slowed while new …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016DiNapoli Releases 2024 Fiscal Stress Scores for Villages and Some Cities
… Data Local governments are statutorily required to file an Annual Financial Report (AFR) with the Office of the … their fiscal year. In total, 108 local governments did not file their data in time to receive a FSMS score, a date that … includes counties, towns, most cities and a few villages. List of Villages and Cities in Fiscal Stress Municipalities …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-2024-fiscal-stress-scores-villages-and-some-citiesDiNapoli: Language Services Need to be Readily Accessible at NYC Public Health Clinics and Other Programs, Audit Finds
… Press release is available in: Spanish Chinese (Simplified) Chinese (Traditional) An audit released today by State …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-language-services-need-be-readily-accessible-nyc-public-health-clinics-and-other-programsXI.5 Purchase Authorizations – XI. Procurement and Contract Management
… and price changes. Purchase Authorizations may be bid with multi-agency participation, if eligible agencies are … itemized listing of the items awarded to the vendor, along with all pricing information, for audit purposes. (Note: The … is linked. Submit a copy of the renewal to OSC, along with any other required documentation for each renewal. Once …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizationsState Agencies Bulletin No. 2285
… of the NYS Legislature who are paid using Comp Rate Code LEG in the following departments are affected: 04210 NYS … must equal the prorated statutory salary, based on the number of calendar days actually served in the calendar year. … who transferred into a Member position with a Comp Rate Code of LEG on 12/22/2023 or later Members who were returned …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2285-2024-year-end-adjustment-members-nys-legislatureMohawk Valley Faces Challenges But Bright Spots Exist
… the region has older infrastructure, including municipal water and sewer systems. Local leaders have focused much of …
https://www.osc.ny.gov/press/releases/2018/07/mohawk-valley-faces-challenges-bright-spots-existState Agencies Bulletin No. 1971.1
… name in PayServ. Agencies should not use employee name to search for the employee in PayServ as this leads to errors … in PS Query as a tool to verify accuracy. When entering search criteria for the locked query, search fields include Entered On or After , Like Dept ID …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19711-direct-deposit-guidance-and-audit-queryState Agencies Bulletin No. 1971.2
… name in PayServ. Agencies should not use employee name to search for the employee in PayServ as this leads to errors … in PS Query as a tool to verify accuracy. When entering search criteria for the locked query, search fields include Entered On or After , Like Dept ID …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19712-direct-deposit-guidance-and-audit-querySUNY Bulletin No. SU-209
… Purpose To inform agencies of new earnings codes and procedures for … employees with an H1B, J1 or O1 Visa. Background Pursuant to Section 7 of Part A of Chapter 491 of the Laws of 2011 and … B-1209 issued August 19, 2013, a plan has been established to temporarily reduce the compensation of any employee within …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-209-2014-2016-deficit-reduction-plan-psnu-employeesSUNY Bulletin No. SU-203
… Purpose To inform agencies of new earnings codes and procedures for … employees with an H1B, J1 or O1 Visa. Background Pursuant to Section 7 of Part A of Chapter 491 of the Laws of 2011 and … B-1209 issued August 19, 2013, a plan has been established to reduce the compensation of any employee within the purview …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-203-2013-2015-deficit-reduction-plan-psnu-employeesOpinion 2008-1
… with not-for-profit-corporations) GENERAL MUNICIPAL LAW §§ 800(2), 802(1)(f), 803: A school board member would not have … § 1709 [12]). Article 18 of the General Municipal Law (§§ 800 et seq .) contains provisions of law that relate to … v County of Suffolk , 66 NY2d 354, 497 NYS2d 329; 1988 Ops St Comp No. 88-77, at 147). The disclosure requirements of …
https://www.osc.ny.gov/legal-opinions/opinion-2008-1DiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… been hit hard. The consequences of the pandemic will be with us for a long time and federal funds have been essential … then be withheld across-the-board by the budget director, with exceptions. If implemented, these cuts would compound … spending pressures have mounted through the pandemic, with enrollment growing by nearly 12 percent in SFY 2020-21 …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetDiNapoli: Brooklyn Leads NYC’s Economic Recovery
… Brooklyn’s economy is showing signs of recovery that outpace the rest of New York City and point to a strong rebound for the city’s … “Brooklyn’s impressive economic growth in the face of a devastating pandemic is a testament to the people of … Brooklyns economy is showing signs of recovery that outpace the rest of New York City and point …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryDiNapoli: The Rockaways Shows Signs of Recovery After Pandemic Setback
… Peninsula is an 11-mile-long barrier in Southwestern Queens. The communities along the peninsula are Far Rockaway, … 2021. This was substantially greater than the borough of Queens (43.8%) and citywide (28.5%) business growth. Almost … declined, although by a slower percentage than in Queens or citywide. Job losses were reversed by 2021, …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-rockaways-shows-signs-recovery-after-pandemic-setbackComptroller DiNapoli Releases School Audits
… School District , Fort Edward Union Free School District , Glens Falls Common School District and the West Seneca … plan to address current and long-term financial trends. Glens Falls Common School District – Financial Condition … School District Fort Edward Union Free School District Glens Falls Common School District and the West Seneca …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-school-audits-0