Search
DiNapoli Issues Report on Transparency of Village Fiscal Activities
… By law, a village’s chief fiscal officer (CFO) is required to file an annual financial report (AFR) with the State … critical services to residents, and many are doing a good job of giving the public a transparent look at how they … filing their AFR on time improved from 30% to 46% since 2019, the number of villages that did not file at all in 2023 …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-issues-report-transparency-village-fiscal-activitiesMTA Makes Progress Funding Capital Programs But Faces Risks From Federal Actions
… debt, as a share of all debt outstanding, is expected to rise from 5% in 2023 to 45% in 2037. The timing of … $40.9 billion in 2024 to $39.8 billion in 2027, and then rise to $49.5 billion in 2033 as the MTA issues non-lockbox … forecasts that the MTA’s overall outstanding debt will rise from $44.5 billion in 2024 to $87.2 billion in 2034. …
https://www.osc.ny.gov/press/releases/2025/06/mta-makes-progress-funding-capital-programs-faces-risks-federal-actionsDiNapoli: NYC Budget Is Balanced but Risks Loom As Fiscal and Economic Concerns Grow
… New York City’s adopted $119.7 billion fiscal year (FY) 2026 budget is currently balanced (including pre-payments) … increased by $3.9 billion in FY 2025, $3.5 billion in FY 2026, $2.1 billion in FY 2027, and $2.4 billion in FY 2028. … in new agency spending and council initiatives for FY 2026, outpacing city-fund revenues added over the same …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-nyc-budget-balanced-risks-loom-fiscal-and-economic-concerns-growDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… activity in the city since the pandemic and have helped drive the development of new property. For instance, JP …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024Village of Whitehall – Records and Reports (2026M-9)
… Law (GML) Section 30. 1 As a result, the Board’s ability to properly and effectively monitor and manage the Village’s … being informed of the Village’s financial position. Due to limited oversight of the Clerk-Treasurer’s duties related to maintaining the accounting records, errors and …
https://www.osc.ny.gov/local-government/audits/village/2026/06/12/village-whitehall-records-and-reports-2026m-9Withdrawing Your Contributions and/or Your Membership – State Police Plan
… and click “Withdraw My Membership.” You can also apply by mail by submitting a Withdrawal Application (RS5014) . 1 Once …
https://www.osc.ny.gov/retirement/publications/1518/withdrawing-your-contributions-andor-your-membershipEscalation – Article 14 Benefits
… it will increase or decrease each April at a rate equal to the increase or decrease in the cost-of-living index or 3 … you begin collecting your service retirement benefit prior to the full escalation date, your benefit may be eligible for … by 1/36th. If you retire more than three years prior to the full escalation date, your benefit will not be …
https://www.osc.ny.gov/retirement/publications/1644/escalationContributing Toward Your Retirement – Basic Plan with Increased-Take-Home-Pay (ITHP)
… 1, 2 and 3 Members If your employer has adopted Section 370-a, your contribution rate is reduced by 5 percent or 8 … benefits, even if your employer has adopted Section 370-a. If your employer has not adopted Section 370-a, any required contributions over 3 percent will be …
https://www.osc.ny.gov/retirement/publications/1511/contributing-toward-your-retirementComptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced his office completed audits of the Village of Cambridge , Town of Fishkill , City of Mechanicville and the Ramapo Catskill Library System . “In today’s fiscal climate, budget … and three were not implemented. Ramapo Catskill Library System – Procurement (Rockland County) Library system …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-2State Comptroller DiNapoli Statement on New York City's Fiscal Year 2026 Executive Budget
… budget released today increases anticipated spending to more than $118 billion in FY 2026, fueled by about $1.7 billion in additional spending to maintain current service levels for students, seniors, … spending is partly funded by a $3.1 billion increase to revenue collections projected before the end of FY 2026, a …
https://www.osc.ny.gov/press/releases/2025/05/state-comptroller-dinapoli-statement-new-york-citys-fiscal-year-2026-executive-budgetState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial records, …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23X.7.B Local Customers – X. Guide to Vendor/Customer Management
… those vendors who pay a fee to have a booth at the State Fair. In these instances, a Centralized Corporate Customer is … reporting. For additional instruction on this topic, visit job aid Accounts Receivable portion published to SFS Coach. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x7b-local-customersVII.10.E Cash Advance Reimbursement – VII. State Revenues and Appropriated Loan Receivables
… Chapter. Agencies can view their reimbursement activity by running the NY_AP_CASHADV_REPLENISHMENT query in the SFS. The … public query: Reporting Tools > Query > Query Viewer When running the query enter the following values: 'VENDOR ID’ – …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10e-cash-advance-reimbursementXIV.8 Controls to Prevent Prohibited Transactions Using Sole Custody Funds – XIV. Special Procedures
… System (SFS), vendors managed through the SFS Vendor File go through a Specially Designated Nationals validation as …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv8-controls-prevent-prohibited-transactions-using-sole-custody-fundsLump Sum Payments – Enhanced Reporting
… made as a lump sum: Buy back Settlement agreement* Holiday Maintenance (clothing, housing, automobile) Noncompensatory … compensation * If an employee receives a settlement, you must submit the settlement agreement or court documents … payments or adjustments. If the payment is pensionable, you will then be required to submit the appropriate payments …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/lump-sum-paymentsNew York City School-Based Health Centers – Security and Controls Over Medications and Related Supplies (Follow-Up)
To determine the extent of implementation of the recommendation in our initial audit report New York City SchoolBased Health Centers Security and Controls Ov
https://www.osc.ny.gov/state-agencies/audits/2017/03/23/new-york-city-school-based-health-centers-security-and-controls-over-medications-andSelected Aspects of the Migrant Education Program (Follow-Up)
… Program (Program) did not meet certain Program outcomes and overarching Program goals; the Department did not … complete federally required documents in a timely manner; and a significant portion of the Migrant Education Tutorial … to provide evaluation results at both the METS level and Program-wide to monitor performance against goals; and …
https://www.osc.ny.gov/state-agencies/audits/2016/09/23/selected-aspects-migrant-education-program-followChild and Dependent Care Credit
… we matched a file of tax year 2015 personal income tax returns processed by the Department to the subsidized day … of our examination, the Department processed 444,127 returns containing credits totaling $177.1 million. We found the Department processed 29,102 personal income tax returns for tax year 2015 that contained potentially …
https://www.osc.ny.gov/state-agencies/audits/2017/08/29/child-and-dependent-care-creditCopiague Fire District– Mechanic Shop Operations (2021M-93)
… used at least $5,365 of District funds to purchase auto parts to repair vehicles not owned by the District or municipalities the Shop services. We also examined one parts invoice where 81 parts were purchased; however, for 72 parts totaling $3,208, …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/02/copiague-fire-district-mechanic-shop-operations-2021m-93Jamesville-Dewitt Central School District – Claims Auditing (2022M-149)
… control deficiency. Thirteen claims totaling $20,936 had at least one exception, such as a lack of purchasing agent …
https://www.osc.ny.gov/local-government/audits/school-district/2022/12/02/jamesville-dewitt-central-school-district-claims-auditing-2022m-149