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DiNapoli: New York State Fourth Nationwide in Credit Card Debt
… percent above the national average. In 2017, 8.3 percent of credit card debt in New York state was delinquent by 90 days or more, higher than the national average of 7.5 percent. Nevada was the highest at nearly 11 percent. … debt. "While a good credit record is seen as an element of strong financial health, bad credit standings can lead to …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtDiNapoli Announces Sale of $636 Million State of New York General Obligation Bonds
… Comptroller Thomas P. DiNapoli today announced the details of the competitive sale scheduled for March 16 of tax-exempt and taxable New York State General Obligation … on market conditions, $454.8 million to refund a portion of certain outstanding General Obligation bonds to reduce the …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-636-million-state-new-york-general-obligation-bondsDiNapoli Statement on Proposed Federal Budget
… budget will hurt New Yorkers. I urge the Administration to provide the details as soon as possible so New Yorkers and …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-statement-proposed-federal-budgetDespite Progress, Pay Gap for Women Persists
… a wage gap of more than $10,435 based on median earnings for men and women who worked full-time, as reported by the … state-level data published by the U.S. Census Bureau are for 2019. 2 In that year, median earnings for men in New York working full-time, year-round, were …
https://www.osc.ny.gov/reports/despite-progress-pay-gap-women-persistsTown of Champion – Information Technology (2014M-130)
… impact the safety and security of the computer and data. Town officials have not adopted comprehensive data backup policies and procedures for computer-processed … Town officials and employees were not aware of the Town’s breach notification policy. Therefore, they may not have been …
https://www.osc.ny.gov/local-government/audits/town/2014/07/11/town-champion-information-technology-2014m-130State Comptroller DiNapoli Statement on SEC's Climate Disclosure Proposal
… have long advocated for. Access to consistent, comparable, and reliable information, across the marketplace, will … greatly improve the state pension fund's ability to assess and address risks and opportunities as we navigate our path to net zero by …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-statement-secs-climate-disclosure-proposalAccountability and Surplussing of Vehicles
… Island. Per OPWDD and information obtained from the Office of General Services (OGS), as of October 2018, these four DDSOs had a fleet of about 484 vehicles. While each residence is assigned its …
https://www.osc.ny.gov/state-agencies/audits/2019/08/15/accountability-and-surplussing-vehiclesHarborfields Central School District – Information Technology Asset Management (2024M-9)
… are incomplete and assets are not properly accounted for, District officials cannot assure taxpayers that the $3.9 … old were also not properly reported in the District’s official inventory records. Officials were unable to provide … and accurate inventory records. District officials agreed with our recommendations and indicated they planned to …
https://www.osc.ny.gov/local-government/audits/school-district/2024/06/07/harborfields-central-school-district-information-technology-assetPutnam Valley Central School District – Information Technology (2021M-154)
… password requirements. Create secondary user accounts for the IT system for three employees whose job responsibilities required … password requirements. Assess all local user accounts with administrative permissions and create secondary accounts …
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/14/putnam-valley-central-school-district-information-technology-2021m-154Oversight of Provider Consolidated Fiscal Reports – Independent Living, Inc. (2019-S-60) 180-Day Response
To determine whether the Office of Mental Health ensures that costs reported by providers such as Independent Living, Inc. on Consolidated Fiscal Reports are allowable, properly calculated, and adequately documented in accordance with Consolidated Fiscal Reporting and Claiming Manual requirements.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/2020-19s60-response.pdfUnified Court System Bulletin No. UCS-290.1
… No. UCS-290 . Purpose The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the … consistent with prior practice, when a CSEA Agreement is reached, the negotiated changes detailed in the Labor … increase of two percent (2.00%) or $1,000, whichever is greater, effective April 1, 2020 for all eligible …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-2901-april-2020-state-new-york-unified-court-system-retroactiveDiNapoli Announces State Contract & Payment Actions for December
… financial officer, DiNapoli’s office reviews contracts for all state agencies, some contracts for state public … ensures that costs are reasonable, the playing field is level and taxpayers get the best value for their money. … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-state-contract-payment-actions-decemberFuel Purchases
… Authority (Authority) is purchasing the correct type of fuel, paying the proper amount for the fuel … While we found the Authority purchased the correct type of fuel for buses, it spent approximately $11,000 more … Authority Authority is purchasing the correct type of fuel paying the proper a …
https://www.osc.ny.gov/state-agencies/audits/2015/02/27/fuel-purchasesIndustrial Development Agency Board Governance (2017-MS-1)
… provided effective oversight of the IDAs’ operations for the period January 1, 2014 through May 31, 2015. Background An IDA is an independent public benefit corporation whose purpose is … actually created or retained 10,209 jobs, a shortfall of 26 percent. Key Recommendations Ensure the IDAs’ actions are …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/09/22/industrial-development-agency-board-governance-2017-ms-1Developing an Effective Fund Balance Policy
Please print out the slideshow presentation prior to the webinar to following along for valuable information on how to develop an effective fund balnce policy.
https://www.osc.ny.gov/files/local-government/academy/pdf/fund-balance-012319.pdfNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… growth resumes. Seventy-eight percent of small businesses (with less than 500 employees) surveyed reported an overall … Small Business Pulse Survey, updated March 12, 2021. For many small businesses, the pandemic quickly resulted in … other local governments will receive $4.9 billion. There is additional funding for K-12 education ($9.0 billion), …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021State Agencies Bulletin No. 2028
… effective April 1, 2022, to eligible M/C employees based on the April 2020 Salary Schedule (currently in effect). … salary is below the Job Rate of the employee’s grade on the payment effective date, based on the 04/01/2020 Salary Schedule (currently in effect), and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2028-april-2022-managementconfidential-mc-performance-advancesState Agencies Bulletin No. 2398
… annual contribution amount will increase to $24,500.00 for calendar year 2026. An additional deferment is available to employees age … for a combined maximum contribution limit of $32,500.00 in 2026. Effective January 1, 2025, Section 109 of the Secure …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2398-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Contract and Payment Actions in November
… Office of the State Comptroller approved 1,324 contracts for state agencies and public authorities valued at $1.2 … Approved Department of Agriculture & Markets $5.2 million for agriculture and farmland protection planning, including … $6.6 million with the New York Council on Problem Gambling for statewide problem gambling prevention services. City …
https://www.osc.ny.gov/press/releases/2019/01/state-contract-and-payment-actions-novemberState Contract and Payment Actions in January
… Office of the State Comptroller approved 1,196 contracts for state agencies and public authorities valued at $3.7 … 5,500 payments valued at almost $8 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these …
https://www.osc.ny.gov/press/releases/2021/02/state-contract-and-payment-actions-january