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State Comptroller DiNapoli Releases Municipal Audits

… on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed: Adequacy of 2021 Budgets – Town of Big Flats (Chemung County) Town of Big … estimates for significant revenues and expenditures in the 2021 adopted budget. Adequacy of 2021 Budgets – Village of …

https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-municipal-audits

State Agencies Bulletin No. 1885

… Employee Retirement System (ERS) members for calendar year 2021 is $17,301.00. Affected Employees Employees who are Tier … beginning Administration paychecks dated January 6, 2021 and Institution paychecks dated January 14, 2021. OSC Actions OSC will update PayServ to reflect the …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1885-tier-6-pensionable-overtime-earnings-limit-calendar-year-2021-employees

State Agencies Bulletin No. 1884

… Retirement System (TRS) members for calendar year 2021 is $20,763.51. Affected Employees Employees who are Tier … beginning Administration paychecks dated January 6, 2021 and Institution paychecks dated January 14, 2021. OSC Actions OSC will update PayServ to reflect the …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1884-tier-5-pensionable-overtime-earnings-limit-calendar-year-2021-employees

State Agencies Bulletin No. 1891

… Federal, State, and/or Local tax withholding in tax year 2021. Affected Employees Employees who claimed exempt from … who submit withholding certificates claiming exempt in 2021 are affected. Background According to IRS Publication … for tax year 2020 and intend to claim exemption in 2021 must file a new Form W-4 by February 16, 2021 to claim …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1891-claiming-exempt-federal-state-andor-local-tax-withholding-tax-year-2021

New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)

… 2021 Edition Economy Four Out of Five Small Businesses in NY Continue to Report a Negative Overall Impact From COVID-19 … other local governments will receive $4.9 billion. There is additional funding for K-12 education ($9.0 billion), … $6 billion budgeted, the Executive Budget is opaque about how these federal funds will be used, as explained in greater …

https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021

Payroll Improvement Project Bulletin No. PIP-015

… process in PayServ 9.2 and to provide the updated Form AC 2772 (Direct Deposit Form for NYS Employees, rev … jobs, all payroll deposits will be made according to the single Direct Deposit record for all jobs. Agencies will … Direct Deposit records for employees who hold a job in two or more agencies. Each agency will continue to make changes …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-015-direct-deposit-updated-business-process-and-ac-2772

State Agencies Bulletin No. 1858

… uncashed as of March 26, 2021 will be stopped and the funds will be remitted to the NYS Office of Unclaimed Funds (OUF) in April of 2021. Effective Dates … to the OUF in April of 2021. Employees can visit the Unclaimed Funds - Search for Lost Money website to search for …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1858-outreach-escheatment-2019-uncashed-payroll-checks

Small Businesses and the Economic Recovery: Work in Progress

… of small businesses surveyed reported little to no effect or even a positive effect from the pandemic. One in five … 2019, the number of small businesses grew by 12.1 percent or 43,510 firms, with the number of employees rising by almost 473,000 or 13 percent. (See Figure 6.) While employment grew more …

https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progress

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