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DiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… on 2017 income tax filings. New Yorkers can open an account and if they already have one can contribute and … year for every $1,000 invested in the plan. The maximum account balance was increased from $375,000 to $520,000 for … $1.2 billion for college-related expenses to Direct Plan account holders. The Advisor-Guided Plan offers age-based and …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsState Agencies Bulletin No. 1745
… General Deductions page in PayServ for loans and arrears. Refund overpayments of employee contributions, loans, and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1745-payserv-updates-resulting-new-york-state-and-local-retirement-systemDiNapoli Releases Profile of State's Economic Development Agency
… highways, correctional and youth facilities, and to refund debt of other authorities. Interest and other expenses …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-releases-profile-states-economic-development-agencyDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… projections. The General Fund ended the fiscal year with a balance of $33.053 billion, an increase of $23.9 billion from opening balance. This includes $4.5 billion of federal fiscal … anticipated; and Undesignated funds in the General Fund balance (Refund Reserve) totaled $29.7 billion, which was …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsVII.3.C AP Adjustment Voucher Document Review – VII. State Revenues and Appropriated Loan Receivables
… End guidance, see: Chapter XV, Section 12 – End of Year – Refund of Appropriation and Report of Moneys Received of this …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3c-ap-adjustment-voucher-document-reviewState Agencies Bulletin No. 1869
… between an employee’s home address and New York City (NYC) taxation. Affected Employees Employees who are Active, … Without Pay and whose home address does not match their NYC taxation are affected. Background New York State … Control-D report has three sections: Home Address not NYC but Local Tax Data is NYC Resident Home Address not NYC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1869-new-control-d-report-employees-new-york-city-residency-tax-dataPort Byron Central School District – Network User Accounts (2021M-119)
Determine whether Port Byron Central School District (District) officials ensured network user account controls were secure.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/port-byron-2021-119.pdfGeneral Brown Central School District - Building Renovation Project (2019M-21)
Did the Board and District officials properly establish, monitor and account for the building renovation project?
https://www.osc.ny.gov/files/local-government/audits/pdf/general-brown-21.pdfUpdate Vendor Information and Access
… on your vendor record called “Albany” and include the bank account for direct deposit, and an email address for purchase … location called “Buffalo” and include a different bank account for direct deposit, a different email address for … receive faster payments directly into the appropriate bank account. Example 2: Your company sells both equipment and …
https://www.osc.ny.gov/state-vendors/portal/update-vendor-information-and-accessWantagh Union Free School District – Financial Application User Access Controls (2024M-46)
… and the review of audit trail reports. Limit user account permissions in the financial application to access … in the audit trail reports for the system administrator account of the financial application. Key Recommendations … of the financial application system administrator account on the audit trail reports. Assign user account …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/25/wantagh-union-free-school-district-financial-application-user-accessState Agencies Bulletin No. 2287
… in direct deposit and update their direct deposit and bank account options in New York State Payroll Online (NYSPO). … Payroll System (PayServ) contains correct and current bank account information for all NYS employees enrolled in direct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2287-new-york-state-payroll-online-direct-deposit-functionalityCost-Saving Ideas: Minimizing Unemployment Insurance Costs
… You can take steps to reduce the cost of unemployment insurance, which provides … notices promptly and completely. Claims are charged to your account and could increase your tax rate in future years if your government uses the tax …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-minimizing-unemployment-insurance-costsTown of Fishkill – Apparent Misappropriation of Senior Center Funds (2013M-246)
… accounted for some Department funds, she did not properly account for funds associated with the Center’s operations. … The former Director opened an unauthorized bank account in 2004 which the Board was not aware of, deposited Center funds in the account and wrote questionable checks from that account for …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-fishkill-apparent-misappropriation-senior-center-funds-2013m-246Phelps-Clifton Springs Central School District – Network Access (2021M-35)
Determine whether PhelpsClifton Springs Central School District District officials ensured network access controls were secure
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/25/phelps-clifton-springs-central-school-district-network-access-2021m-35Irvington Union Free School District – Fixed Assets (2022M-89)
… Findings District officials did not properly monitor and account for 63 percent of the 105 fixed assets reviewed that …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/irvington-union-free-school-district-fixed-assets-2022m-89New Hyde Park-Garden City Park Union Free School District - Bank Reconciliations (2018M-80)
… were timely and, with the exception of the payroll account, accurate. The District’s book balance for the payroll bank account did not reflect the true cash balance. The bank … Recommendations The Board should: Ensure that the payroll account balance shown on the District’s books represents the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/20/new-hyde-park-garden-city-park-union-free-school-district-bankCUNY Bulletin No. CU-329
… a scholarship payment. Report of Check Return for Refund or Exchange AC 230s (Report of Check Return for Refund or Exchange) should not occur on a frequent basis. A …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-329-payment-and-reporting-cuny-nonresident-alien-scholarshipsBorough of Manhattan Community College – Controls Over Bank Accounts
… Administration at each college to ensure that each bank account complies with University policies and procedures. Prior to establishing any new bank account, the Policy requires colleges to notify the UC by completing a “Bank Account Notification Form.” The UC notifies the college …
https://www.osc.ny.gov/state-agencies/audits/2016/08/10/borough-manhattan-community-college-controls-over-bank-accountsState Agencies Bulletin No. 1240
… Purpose To inform agencies of the procedures for reporting line number changes and to … (LNR); do not use a Position Move (MOV) via a TPM Short Form Request. Once approved in NYSTEP, agencies must report … when the maximum effective date on the Account Code Table is 04/01/13, unless a Budget Year is specified on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1240-reporting-line-number-changes-and-budget-year-changes-fiscal-year-2013DiNapoli Op-Ed in City & State: NY ABLE Celebrates Seven Year Anniversary
… amount of savings individuals could have in their NY ABLE account. Now, the maximum account balance is $520,000, up from $100,000, giving account owners the opportunity to increase their tax-deferred …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-op-ed-city-state-ny-able-celebrates-seven-year-anniversary