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DiNapoli: Halfway Through the Year, Revenue Hole Persists
… according to the September State Cash Report released by New York State Comptroller Thomas P. DiNapoli. “COVID-19 had … tax receipts. The “Quick Start” budget process framed in New York’s State Finance Law requires representatives of the … Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 180,000 …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persistsLocal Sales Tax Collections up 10.2% in Third Quarter of 2022
… year-over-year growth did not keep pace with inflation for counties and cities outside of New York City. “New York … of the state grew by 5.3% to $2.9 billion. However, when adjusted for inflation, these collections are worth slightly less than the $2.8 billion collected in the …
https://www.osc.ny.gov/press/releases/2022/10/local-sales-tax-collections-up-10-point-2-percent-in-third-quarter-2022DiNapoli: Audit Finds Counties Are Not Checking Prices and Scales at Retailers
… that some did not adequately test the accuracy of retail prices or test scanners, scales and devices used to price, … be accurate. If price scanners or scales are incorrect, or prices don’t match those displayed, it can add up and … testing scanners to ensure they are charging the correct prices, testing weighing devices, handling consumer …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-audit-finds-counties-are-not-checking-prices-and-scales-retailersFonda-Fultonville Central School District – Payroll (2015M-118)
… Purpose of Audit The purpose of our audit was to examine the District’s payroll process for the period July … Background The Fonda-Fultonville Central School District is located in the Towns of Amsterdam, Charleston, Florida, … direct deposit upload document each pay period and forward it to the Superintendent for certification. …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/04/fonda-fultonville-central-school-district-payroll-2015m-118Unified Court System Bulletin No. UCS-26
… the use of the new deduction code 378, Universal Life Insurance Affected Employees Employees in Bargaining Unit SY … Court Officers Association are eligible for this new insurance program Effective Date Immediately OSC Actions The insurance company offering this new program, Future Planning …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-26-voluntary-insurance-program-certain-employees-unified-courtState Agencies Bulletin No. 307
… Questions regarding this bulletin may be directed to the Payroll Deductions mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/307-new-insurance-program-medamerica-long-term-care-insuranceCUNY Bulletin No. CU-441
… Purpose To inform agencies of two new deduction codes for a Pre-Tax Park-N-Ride plan administered through Wage … the use of pre-tax and post-tax payroll deductions to pay for qualified parking. Only transit-related parking is … Codes Two new Deduction Codes have been established for this program as follows: 446 - CUNY Pre-Tax Parking …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-441-cuny-pre-tax-parking-programTown of Chesterfield – Internal Controls Over Selected Financial Operations (2014M-331)
The purpose of our audit was to review the financial operations of the Port Kent Water District 1 and internal controls over the Tax Collectors financial activ
https://www.osc.ny.gov/local-government/audits/town/2015/03/06/town-chesterfield-internal-controls-over-selected-financial-operations-2014m-331Access-A-Ride Accident Claims
… leased from Transit as well as through several "black car" livery services and taxi companies. Transit has branded … year 2008 to calendar year 2012. Carriers and black car services are required to immediately notify the … First Mutual Transportation Assurance Company. Black car and taxi companies are required to maintain appropriate …
https://www.osc.ny.gov/state-agencies/audits/2014/04/24/access-ride-accident-claimsSchenevus Central School District - Financial Condition (2018M-83)
… adequately addressed the declining financial condition of the general and school lunch (cafeteria) funds. Key … percent) in 2016-17, and officials appropriated $300,000 of fund balance for 2017- 18 when only $226,400 was … $48,700 and ended 2016-17 with a negative fund balance of $57,300. Key Recommendations Continue to monitor the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/17/schenevus-central-school-district-financial-condition-2018m-83Bolton Central School District - Fund Balance Management (2018M-249)
… 13 percent from 2015-16 through 2018-19. The unemployment insurance reserve was overfunded and the retirement … of fund balance that will be used to fund operations based on historical trends or other relevant information. Reduce …
https://www.osc.ny.gov/local-government/audits/school-district/2019/02/15/bolton-central-school-district-fund-balance-management-2018m-249Allegany-Limestone Central School District - Financial Management (2018M-129)
… approximately $1.3 million or 6 percentage points. Reserve funds are generally not being used 1 and the retirement, … balance to within the statutory limit and use the excess funds in a manner more beneficial to taxpayers. Review and …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/31/allegany-limestone-central-school-district-financial-management-2018m-129SUNY Bulletin No. SU-55
… Purpose Employees in Bargaining Unit 28 are now eligible to participate in the TIAA Supplemental Annuity … Employees in Bargaining Unit 28 are now eligible to participate in the TIAA Supplemental Annuity …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-55-tiaa-supplemental-retirement-annuity-program-deduction-codeV.3.E Programs – V. Chart of Accounts (COA) Governance
… directly to Appropriation Bill Copy. Program is required on all appropriated expense transactions. Program is … and are organized as follows: BUDGETARY BASIS PROGRAM TREE Level 1: Total Programs Level 2: Major Program- from … the Major Program value. Multiple budgetary programs can roll up to the same Major Program value. OSC is responsible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3e-programsMembers
… Information and resources for new members established members and readytoretire members …
https://www.osc.ny.gov/retirement/membersNew York State Health Insurance Program – Payments by UnitedHealthcare for Medical/Surgical Services for Ineligible Members
… Objective To determine whether UnitedHealthcare Insurance Company of … Program (NYSHIP) provides health insurance coverage to over 1.2 million active and retired State, local … UnitedHealthcare Insurance Company of New York (United) to administer the medical/surgical portion of this plan. From …
https://www.osc.ny.gov/state-agencies/audits/2021/09/29/new-york-state-health-insurance-program-payments-unitedhealthcare-medicalsurgical-servicesOpinion 2001-6
… bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Particular Uses (purchase of personal … machine and refrigerator for fire department use) INSURANCE LAW §§9104, 9105: Unless otherwise provided by … fire department may determine to use foreign fire insurance tax monies to purchase a personal computer, …
https://www.osc.ny.gov/legal-opinions/opinion-2001-6Examples from GASB Statement 34 - Statement of Fiduciary Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the … Norwalk, CT 06856 are reprinted by permission. Sample City Statement of Fiduciary Net Assets Fiduciary Funds December … Examples from GASB Statement 34 Statement of Fiduciary Net Assets …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-fiduciary-net-assetsDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 132 member firms, down from … rest of the nation ($225,620). In the first half of 2023, NYSE member firms have increased their compensation expenses …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022Unified Court System Bulletin No. UCS-75
… System of the new payroll Deduction Code 531 , Liberty Mutual Insurance. Affected Employees Employees in Bargaining … forms or information about eligibility contact Liberty Mutual at (631) 858-1162 ext. 203. … Court System of the new payroll Deduction Code 531 Liberty Mutual Insurance …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-75-voluntary-liberty-mutual-insurance-program-certain-employees