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Accounting for LOSAP
This session will discuss accounting principles and work through journal entry examples to ensure the proper recordkeeping for length of service award programs (LOSAP). Participants will also learn about the establishment of the programs, applicable GASB criteria and reporting requirements.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-losap-120424.pdfInventory Controls
… of Information Technology Services (ITS) was created in 2012 and is the lead agency for State IT services and … inventory shipments and scan the devices into ITSM. Next, in-stock devices are available to be assigned to users and … inventory audits to ensure devices are being tracked in ITSM effectively, as well as to ensure stockrooms always …
https://www.osc.ny.gov/state-agencies/audits/2025/02/14/inventory-controlsFamily and Educational Consultants – Compliance With the Reimbursable Cost Manual
… costs reported by Family and Educational Consultants (FEC) on its Consolidated Fiscal Reports (CFR) were properly … with disabilities who are between three and five years of age. FEC is reimbursed for these services through rates … to FEC’s tuition reimbursement rates. Remind FEC officials of the pertinent SED requirements that relate to the …
https://www.osc.ny.gov/state-agencies/audits/2019/05/16/family-and-educational-consultants-compliance-reimbursable-cost-manualThe Child School – Compliance With the Reimbursable Cost Manual
… included overstated compensation, ineligible bonuses, non-program-related costs, and other unsupported costs. Among … were either unsupported, unnecessary, unreasonable, or not program related. Among the ineligible OTPS costs were: … maintenance and cleaning services; $139,647 for non-program-related and/or inadequately documented “Other” …
https://www.osc.ny.gov/state-agencies/audits/2015/09/11/child-school-compliance-reimbursable-cost-manualOverview – What Every Employer Should Know
… invoice of your annual contributions for the current State fiscal year (April 1 – March 31). Every November, we … to calculate the invoice due February 1 of the following State fiscal year. For example, rates based on the value of …
https://www.osc.ny.gov/retirement/employers/partnership/about-employer-contribution-rates/overviewCity of Newburgh -- Budget Review (B18-6-12)
… Background The City of Newburgh, located in Orange County, is authorized by Chapter 223 of the Laws of 2010 to issue … as of December 31, 2010. During the time that Chapter 223 is in effect, the City’s proposed annual budgets must be … the amounts budgeted for police and firefighting overtime is likely underestimated by $830,000. City officials have not …
https://www.osc.ny.gov/local-government/audits/city/2018/11/16/city-newburgh-budget-review-b18-6-12Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … officials filed the required information with the New York State Office of General Services to receive state contract pricing for diesel and heating fuel purchases. Town …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-municipal-audits-0Whispering Pines Preschool, Inc. – Compliance With the Reimbursable Cost Manual
… by Whispering Pines Preschool, Inc. (Whispering Pines) on its Consolidated Fiscal Reports (CFRs) were properly … is a SED-approved, for-profit special education provider of center- and home-based services to infants, toddlers, and … included: $71,397 in personal service costs consisting of salary and fringe benefits paid to the Director’s husband …
https://www.osc.ny.gov/state-agencies/audits/2015/06/02/whispering-pines-preschool-inc-compliance-reimbursable-cost-manualState Agencies Bulletin No. 422.1
… supersedes Payroll Bulletin 422 Purpose The purpose of this Bulletin is to notify agencies of the procedures to be used when requesting a stop payment or reversal of a direct deposit transaction . Affected Employees Direct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/4221-direct-deposit-stop-payments-and-reversalsReceiving Your Benefit and Filing Your Pension Payment Option Election – Special 20- and 25-Year Plans
… then save or print it. Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click the …
https://www.osc.ny.gov/retirement/publications/1517/receiving-your-benefit-and-filing-your-pension-payment-option-electionState Comptroller Thomas P. DiNapoli Statement on State Budget Negotiations
… New York State Comptroller Thomas P. DiNapoli issued the following … Health and some state Department of Health and state Education Department facilities (does not impact State …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-thomas-p-dinapoli-statement-state-budget-negotiationsSubmitting Your Payment – Legacy Reporting
… check to: Member and Employer Services Bureau NYSLRS 110 State Street Albany, NY 12244-0001 Overpayments If you use …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/submitting-your-paymentState Agencies Bulletin No. 1366
… Leave of Absence for up to the remaining balance of their one year workers’ compensation benefit using action/reason codes LOA/WDL. Once the one year benefit limit is reached, the employee’s status must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1366-new-payserv-actionreason-codes-and-procedures-reporting-workersXI.11.D Equipment and Software Maintenance Contracts – XI. Procurement and Contract Management
… provide guidance to state agencies on: Assessing the need for equipment and software maintenance contracts; Determining price reasonableness for those contracts; and Essential language for equipment and software maintenance contracts. Prior to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11d-equipment-and-software-maintenance-contractsDiNapoli Report Highlights MTA's Significant Needs
… needed to restore the MTA’s operating revenue. Subway One of the most important priorities for improving subway … by track problems increased to 24,440 in 2023, after two years of declines. In 2022, track problems caused 19% of … supports, roof slab, HVAC and drainage system. It is one of MTA’s most pressing priorities for Metro-North, with …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsState Agencies Bulletin No. 741
… various PayServ panels necessitates that OSC’s Bureau of State Payroll Services must make certain corrections to an … PWH Perf Withheld RCM Rein Comm RUS Resc Unsat UCS UCS List Appt USP Unsat Perf VRW Vol Reduct WWP WC Works Part …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/741-data-changecorrect-history-dtacor-procedureOverlap, Duplication, Gaps, and/or Fragmentation of Workforce Development Programs and Services (Follow-Up) (2023-F-36)
To assess the extent of implementation of the five recommendations included in our initial audit report, Overlap, Duplication, Gaps, and/or Fragmentation of Workforce Development Programs and Services (Report 2020-S-45).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23f36.pdfAnnual Update: Metropolitan Transportation Authority’s Debt Profile
As 2020 began, the Metropolitan Transportation Authority (MTA) was already facing challenges in balancing its budget, along with missed capital commitment goals, capital funding risks and escalating debt service costs.
https://www.osc.ny.gov/files/reports/osdc/pdf/mta-debt-rpt-1-2022.pdfLocal Sales Tax Collections Decline by 10 Percent in 2020, With Major Shifts in Consumer Spending
New York State local sales tax collections declined by 10 percent (or $1.8 billion) in 2020 compared to 2019, due to the economic impact of the COVID-19 global pandemic.
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-tax-collections-decline-by-10-percent-in-2020.pdfPurchasing Practices at the Linden Plaza Mitchell-Lama Housing Development
… for contract renewals, HPD approval was only obtained for one of the three contracts renewed during our scope period. … have sufficient documentation to support payments made to one vendor we examined. We sampled 50 invoices totaling … an adequate inventory system. We judgmentally selected two invoices, one for ten refrigerators and another for eight …
https://www.osc.ny.gov/state-agencies/audits/2018/09/06/purchasing-practices-linden-plaza-mitchell-lama-housing-development