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DiNapoli: Under New Tax Cap Calculation, School District Tax Levy Growth Near Zero
… Property tax levy growth for school districts will be capped at 0.12 … Thomas P. DiNapoli. The latest calculation affects the tax cap calculations for 677 school districts as well as 10 … Syracuse and Yonkers. “The nearly zero growth in the tax cap will limit budget options for school and municipal …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-under-new-tax-cap-calculation-school-district-tax-levy-growth-near-zeroState Agencies Bulletin No. 1776
… (401(k) or 403(b)) in the current tax year. Nearly all State of New York government positions provide eligibility for retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1776-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2019Prohibits Campaign Contributions During an Active Procurement
… Session 2023-2024: Prohibits Campaign Contributions During an Active Procurement – S.9697 (Myrie) – Makes it unlawful for a vendor to make, either directly or indirectly, any contribution to a …
https://www.osc.ny.gov/legislation/prohibits-campaign-contributions-during-active-procurementState Agencies Bulletin No. 2296
… State Deferred Compensation Plan for the calendar year 2025 Background: Pursuant to IRS IR-2024-285, released on … for employees aged 50 and over remains at $7,500 for 2025 for a combined maximum contribution limit of $31,000 in 2025. Effective January 1, 2025, Section 109 of the Secure …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2296-deferred-compensation-maximum-contributions-limits-calendar-year-2025State Agencies Bulletin No. 2295
… annual contribution amount will increase to $23,500 for calendar year 2025. An additional deferment is available to employees age … active participants turning ages 60, 61, 62, or 63 in the calendar year to either $10,000 or 50% more than the regular …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2295-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaReview of the Financial Plan of the City of New York
As shown in the Mayor’s Executive Budget for fiscal year 2025, New York City’s finances continue to benefit from better-than-projected revenues and savings generated through initiatives launched in response to its financial challenges.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-5-2025.pdfTermination Request - Employer Contribution Stabilization Program or Alternate Program
The termination request form is used to terminate participation in the Contribution Stabilization Program (Chapter 57, Laws of 2010), or the Alternate Program (Chapter 57, Laws of 2013), for payment of retirement contributions.
https://www.osc.ny.gov/files/retirement/employers/pdf/csp-termination-request.pdfGarrison Union Free School District – Information Technology (2023M-127)
Determine whether Garrison Union Free School District (District) officials secured the District’s network user accounts, established physical controls and maintained inventory records for information technology (IT) equipment, and developed an IT contingency plan.
https://www.osc.ny.gov/files/local-government/audits/2024/pdf/garrison-union-free-school-district-2023-127.pdfOversight of Building Construction Site Safety (2021-N-3)
To determine if the New York City Department of Buildings (DOB) adequately monitors New York City (NYC) building construction sites to ensure compliance with applicable codes, laws, and rules for construction site safety.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21n3.pdfOpinion 92-9
… A resident non-party witness must be deposed within the county in which he or she resides, is regularly employed, or …
https://www.osc.ny.gov/legal-opinions/opinion-92-9State Comptroller DiNapoli: Former Corrections Officer Used Fake Pay Stubs to Seek $237,000 Mortgage Loan
… A former New York state corrections officer and his wife were arrested …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-former-corrections-officer-used-fake-pay-stubs-seek-237000-mortgage-loanState Public Authorities Dashboard
… For each category on the dashboard the data represent the most recently certified fiscal year for those authorities reporting through PARIS and does not …
https://www.osc.ny.gov/reports/state-public-authorities-dashboardOpinion 94-31
… MUNICIPAL LAW, §92: It is permissible to provide in a collective bargaining agreement between a village and its … one week of vacation credit accumulated during the year. You ask whether a village and the union representing its … cash payment upon separation from service or death, it does not, in our view, represent a statutory imperative which …
https://www.osc.ny.gov/legal-opinions/opinion-94-31XIV.13.A Overview – XIV. Special Procedures
… to make an interest payment to the vendor. This is called Prompt Payment Interest (PPI) or Late Payment charges. A … PPI on a payment. Please see Chapter XII, Section 5.I - Prompt Payment Interest Calculations for more details. If a … for the interest payment along with account code 59103 (prompt payment interest clearing). Interest will originally …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv13a-overviewI.1 Introduction to the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… The New York State Guide to Financial Operations (GFO) acts as a reference source for statewide accounting … at https://www.sfs.ny.gov/secure/ . In this regard, the GFO serves as a single source for agency information …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i1-introduction-guide-financial-operationsDiNapoli: School District Tax Levy Cap at 2%
… For the first time since 2019, property tax levy growth for school districts will be capped at 2%, up … today by State Comptroller Thomas P. DiNapoli. The tax cap, which first applied to local governments and school …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-school-district-tax-levy-cap-2-percentGuide to Financial Operations
… to Financial Operations (GFO) acts as a reference source for statewide accounting policies, procedures and the Office of the State Comptroller (OSC) related-mandates for use by State agencies. The Guide provides policies and procedural guidance for State agencies using the SFS as well as traditional …
https://www.osc.ny.gov/state-agencies/gfoState Agencies Bulletin No. 2214
… chart field strings will be charged for the fiscal year 2024-2025. Affected Employees: Employees with Line Number changes … chart field strings will be charged for the fiscal year 20242025 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2214-reporting-line-number-and-budget-year-changes-fiscal-year-2024-2025DiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… of millions of dollars were spent on Medicaid Managed Long-Term Care (MLTC) costs for individuals who no longer … MLTC program is critical because it helps ensure members get the care they need and contains costs. These are services …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsDiNapoli Op-Ed in Crain's New York Business
… Crain’s New York Business published an op-ed from New York State Comptroller Thomas P. DiNapoli today on the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-business