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DiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… less profits on Wall Street after a record year in 2021. As a result, bonuses returned to pre-pandemic … tax revenues for the state and city, our economic recovery does not depend solely on Wall Street. Employment in leisure … from prior years that have been cashed in. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsDiNapoli: New York Needs to Improve Cybersecurity Support to Local Governments and Public Authorities
… the critical cybersecurity support they are providing to state agencies, local governments, and public authorities … through their Cyber Incident Response Team (CIRT) is achieving the desired outcomes or is targeting the … attacks and incidents of compromised accounts. Although it is responding to incidents, CIRT has not made enough …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-new-york-needs-improve-cybersecurity-support-local-governments-and-public-authoritiesState Agencies Bulletin No. 1945
… released to return to work during the summer months, they can be returned to 21P position as there is no risk of paying …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1945-process-changes-workers-compensation-leave-payservState Agencies Bulletin No. 158
… your agency security administrator who can obtain a new password or resolve other login issues with the OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/158-public-queries-ps-query-databaseImplications for the Future – 2023 Financial Condition Report
… receipts, higher than the 29 percent average in the 10-year period ending in March 2020 prior to the impact of … by the end of SFY 2024-25. Up until Federal Fiscal Year (FFY) 2020, New Yorkers consistently paid more in …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureVII.2.A Direct Journal Payment – VII. State Revenues and Appropriated Loan Receivables
A Direct Journal Payment is used to record payments received by an agency that do not need to be applied to a customer AR Item such as miscellaneous receipts
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii2a-direct-journal-paymentState Agencies Bulletin No. 2051
… purpose of this bulletin is to provide agency instructions for processing the 2022 Tool Allowance Payment. Affected … (CSEA), employees required by the State to provide a personal tool inventory for use in the performance of their … not subject to employment or income taxes. If an employee does not submit tool purchase receipts and the payment (TOL) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2051-2022-csea-tool-allowance-paymentState Agencies Bulletin No. 1794
… age 50 and over. These employees can defer up to $6,500 in catch-up contributions in addition to their regular contribution amount for a combined total contribution limit of $26,000 in 2020. An additional deferment is also available to CUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1794-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaDiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
… annual Climate Action Plan Progress Report . “As trustee of the Fund, one of my top priorities is safeguarding the investments made for the benefit of the more than one million participants in the New York …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesState Agencies Bulletin No. 2291
… provide agency instructions for processing the 2024 CSEA OSU Work-Related Clothing Allowance. Affected Employees: All employees in the Operational Services Unit (OSU) – BU03 represented by CSEA who meet the eligibility …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2291-2024-work-related-clothing-allowance-osu-employees-represented-civilDiNapoli and Heather Briccetti Mulligan Op-Ed: NY's Tax Base Dips with Population
… The New York Daily News today published an op-ed from New York State Comptroller Thomas P. DiNapoli and President and CEO of … the state’s largest contributor to gross domestic product (GDP), with $327 billion or 16% of the 2022 total. The average …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-and-heather-briccetti-mulligan-op-ed-nys-tax-base-dips-populationCOVID-19 Pandemic Small Business Recovery Grant Program
… determine whether Empire State Development (ESD) awarded funds according to COVID-19 Pandemic Small Business Recovery … that the Program met its goals outside of distributing funds to businesses. Furthermore, without any form of … to measure performance of grants administered by ESD. Recover Program funds that were awarded to ineligible …
https://www.osc.ny.gov/state-agencies/audits/2025/05/07/covid-19-pandemic-small-business-recovery-grant-programState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… the long-term assumed rate of return on investments from 7 percent to 6.8 percent, anticipating a lower return … in the preparation of their budgets. Projections of required contributions vary by employer depending on factors … in ERS and PFRS, and more than 300 different retirement plan combinations. Payments based on the new rates are due by …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredOversight of Young Adult Institute, Inc.'s Family Support Services Contracts
… OPWDD and YAI Network, totaling about $3 million per year. OPWDD reimburses providers, based on actual program … The YAI Network claimed 2,362.5 FSS units of service (16.7 percent of our sample) were provided to 30 individuals, …
https://www.osc.ny.gov/state-agencies/audits/2018/09/05/oversight-young-adult-institute-incs-family-support-services-contractsDiNapoli Identifies Problems With Low-Cost Power Program
… The New York Power Authority (NYPA) made errors and overrode … P. DiNapoli. Auditors found NYPA overstated the number of jobs retained under the ReCharge NY program by nearly … in public reporting. Auditors were also critical of NYPA’s efforts to monitor whether customers met job targets. It …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-identifies-problems-low-cost-power-programAdministration of the Contract With the Postgraduate Center for Mental Health
… Purpose To determine whether the Office of Mental Health (OMH) is … the end of our fieldwork. Background OMH’s mission is to promote the mental health and well-being of all New …
https://www.osc.ny.gov/state-agencies/audits/2016/12/30/administration-contract-postgraduate-center-mental-healthCUNY Bulletin No. CU-237
… for processing payroll deductions for the 2006 United Way of CUNY Campaign. Affected Employees All Employees Effective Date(s) Payroll deductions for the 2006 United Way of CUNY … the transaction. The goal amount field should not be used when entering United Way transactions (see Exception below). …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-237-2006-united-way-cuny-campaignCUNY Bulletin No. CU-272
… Purpose To provide instructions for processing payroll deductions for the 2007 United Way of CUNY Campaign. … accuracy and legibility of the amount and type of payroll deduction, employee’s college and department, Social Security number and name. The payroll deduction is the amount to be deducted from each …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-272-2007-united-way-cuny-campaignPractices Used by the Transit Adjudication Bureau to Collect and Account for Fines and Fees
… Purpose To determine whether the Transit Adjudication Bureau of New York City Transit performs its responsibilities … to December 31, 2015. Background The Transit Adjudication Bureau (TAB) is an administrative tribunal established by …
https://www.osc.ny.gov/state-agencies/audits/2016/08/11/practices-used-transit-adjudication-bureau-collect-and-account-fines-and-feesOpinion 94-5
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … instances, such articles could also contravene the general principle that public moneys may not be expended to convey …
https://www.osc.ny.gov/legal-opinions/opinion-94-5