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Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets

… permission. Sample City Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended December 31, … 4,142,574 Investments earnings: Net (decrease) In fair value of investments (272,522) … expense 216,428 Net investment earnings 3,417,194 4,560 …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assets

New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year

… New York City projects a surplus of more than $2.7 billion for fiscal year (FY) 2020, up from $550 million in November … the proposed executive state budget could increase costs for the city. The city should continue to boost reserves and look for new ways to save.” In January, city officials released a …

https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-year

New York’s Economy and Finances in the COVID-19 Era (July 1, 2021)

… While this is a positive development, there are two causes for concern: The growth is primarily due to transfer receipts, which account for more than 20 percent of personal income, well above the pre-pandemic share, and account for most of the quarter-over-quarter increase in personal …

https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021

Chemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)

… the payments to two contractors; Palladia Inc, and the Queens Child Guidance Center by the Office of Alcoholism and …

https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-follow

Mainstream Managed Care Organizations – Administrative Costs Used in Premium Rate Setting (Follow-Up)

… extent of implementation of the seven recommendations made in our initial audit report, Mainstream Managed Care Organizations – Administrative Costs Used in Premium Rate Setting ( 2014-S-55 ). Background The … Medicaid managed care premium rates, which are based, in part, on the allowable administrative costs of managed …

https://www.osc.ny.gov/state-agencies/audits/2018/12/27/mainstream-managed-care-organizations-administrative-costs-used-premium-rate-setting-follow

Medicaid Program – Opioid Prescriptions for Medicaid Recipients in an Opioid Treatment Program

… for people diagnosed with an opioid use disorder. New York State maintains a database to monitor prescription …

https://www.osc.ny.gov/state-agencies/audits/2018/11/20/medicaid-program-opioid-prescriptions-medicaid-recipients-opioid-treatment-program

DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund

… and growing our state’s economy makes the program a double win.” The In-State Program is designed to provide investment …

https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fund

DiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities

… half of tenants in the city spend 30% of their income on rent, forcing them to make tough choices. City and state … housing costs, which include shelter (mortgage payments, rent and property taxes), utilities, operations/maintenance, … or 53% of households spent over 30% of their income on rent in 2021, which has remained significantly high over the …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-cities

State Pension Fund Adds $30 Million for Investments in New York Companies

… The New York State Common Retirement Fund has committed an … Venture Partners to invest in state-based companies, New York State Comptroller Thomas P. DiNapoli announced … Thomas P. DiNapoli is trustee of the $176.8 billion New York State Common Retirement Fund, the third largest …

https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companies

Wyoming County Industrial Development Agency – Payments in Lieu of Taxes (2024M-148)

… (PILOT) they calculated were accurate and in compliance with the PILOT agreements? Audit Period January 1, 2023 – … For 2023, WCIDA reported 36 active PILOT agreements, with PILOT billings totaling $1.7 million. Audit Summary … PILOTs they calculated were accurate and in compliance with the PILOT agreements. During the audit period, WCIDA …

https://www.osc.ny.gov/local-government/audits/county/2025/11/21/wyoming-county-industrial-development-agency-payments-lieu-taxes-2024m-148

Safe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1

… with the New York State Safe Schools Against Violence in Education (SAVE) Act. 1 Key Findings Schools must do more to … all minimum requirements and is filed with the State Education Department (SED) after adoption. All staff are … with the New York State Safe Schools Against Violence in Education SAVE Act …

https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1

Rensselaer County Industrial Development Agency – Payments in Lieu of Taxes (2021M-74)

… and implement policies and procedures, including a secondary review, to ensure all PILOTs are billed and …

https://www.osc.ny.gov/local-government/audits/county/2025/01/24/rensselaer-county-industrial-development-agency-payments-lieu-taxes-2021m-74

Opinion 95-19

… AND NOTES -- Improper Uses (prepayment of certain employer retirement contributions which were previously paid) CITIES … (authority to issue bonds to prepay certain employer retirement contributions which were previously prepaid) PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (authority to issue bonds to prepay …

https://www.osc.ny.gov/legal-opinions/opinion-95-19

State Agencies Bulletin No. 682

… Annual or Hourly position immediately prior to moving to a graded position. Employees must continuously … used as an option when calculating the salary of employees moving from an unallocated N/S position to a graded position … hiring rate of the graded position that the employee is moving to is greater than the employee’s current unallocated …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/682-implementation-new-method-calculating-salaries-employees-upon-movement

X.5.A Assigned Single Payment Vendor IDs – X. Guide to Vendor/Customer Management

… EMERGENCY VENDOR All For emergency payments. Non-Employee Travel Payments: Vendor ID number 0400000002 In some … an individual receives from the State. Therefore, there is no need to maintain an individual’s information in the SFS … Refund Single Payment Vendor IDs The chart linked below lists the single payment vendor IDs assigned by the VMU for …

https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x5a-assigned-single-payment-vendor-ids

DiNapoli Releases October State Cash Report

… through the first seven months of the fiscal year totaled just under $85 billion, $181.8 million lower than the … (DOB) latest projections but $1.9 billion higher than April projections, according to the monthly state cash report … collections through October totaled $42.3 billion and were just under $4 billion or 10.3 percent higher than the same …

https://www.osc.ny.gov/press/releases/2015/11/dinapoli-releases-october-state-cash-report

On-Time Performance

… The minimum service frequency is every 15 minutes during rush hour periods, every 30 minutes for non-rush (mid-day and evening) periods, and every hour for …

https://www.osc.ny.gov/state-agencies/audits/2015/09/15/time-performance

Unified Court System Bulletin No. UCS-82

… in salary due to position change or transfer within judicial payrolls submitted on a retroactive basis will be … of earnings due in first paycheck Judge is Separated from judicial employment before the end of the calendar year … for determining the amount to be paid in the Judge’s final judicial paycheck. If the total amount of regular earnings …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-82-payment-procedures-judges-beginning-calendar-year-2005