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State Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … manager prepared and submitted state aid forms to the New York State Department of Education for the 18 buses, and … New York State Comptroller Thomas P DiNapoli announced today …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-school-auditsUnclaimed Public Assistance
Sections 152-b and 360 of New York’s Social Services Law provide that any surplus funds remaining after the recovery of cost for public assistance and care shal
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/public-assistance.pdfHandbook for Reporters of Unclaimed Funds
New York’s Abandoned Property Law requires that organizations holding unclaimed property report such property to the New York State Comptroller’s Office of Uncl
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/handbook.pdfTown of Carlisle – Fund Balance (2017M-106)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s fund balance management for the period … that year. The Board increased real property taxes to finance operations and its conservative budgeting practices nullified its plan to spend fund balance as intended. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/town/2017/11/20/town-carlisle-fund-balance-2017m-106State Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… emission index in Paris, where he is participating in an investors’ panel as part of the United Nations Climate Change … climate change is one of the biggest risks facing global investors across multiple sectors,” said the Fund’s Chief … is at the core of the new index. “Companies take note when investors take action, and when money moves, the world moves …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureBroker Search for Internal Equity and Fixed Income
… The New York State Common Retirement Fund’s (Fund) 2026 broker selection process is open through May 15, 2026. All broker-dealers are encouraged to apply, including … application(s) and supplemental documents by May 15, 2026 to be considered in the 2026 broker selection process. …
https://www.osc.ny.gov/common-retirement-fund/resources/broker-search-internal-equity-and-fixed-incomeChanges in Federal Policies Pose Significant Risks for New York City's Budget
… New York City in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a significant threat to the city’s … Representatives and the Senate have reached agreement on a tax plan, which limits the deductibility of state and local …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetTown of Milo – Financial Condition (2020M-172)
… real property taxes and user fees were levied than needed to fund operations. The Board did not adopt realistic budgets … fund balances were excessive, ranging from 97 percent to 178 percent of 2020 expenditures. Key Recommendations … and have initiated or indicated they planned to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/town/2021/04/23/town-milo-financial-condition-2020m-172Cattaraugus-Allegany-Erie-Wyoming Board of Cooperative Educational Services – Financial Management (2016M-77)
… General fund budgeted appropriations for the 2015-16 fiscal year totaled approximately $65 million. Key Findings From … appropriations by an average of $4.4 million per year. BOCES increased its reserves without adequate …
https://www.osc.ny.gov/local-government/audits/boces/2016/08/18/cattaraugus-allegany-erie-wyoming-board-cooperative-educational-services-financialTown of Otsego – Financial Condition (2013M-307)
… and adoption for the period January 1, 2012 through August 20, 2013. Background The Town of Otsego is located in Otsego … and adoption for the period January 1 2012 through August 20 2013 …
https://www.osc.ny.gov/local-government/audits/town/2014/08/20/town-otsego-financial-condition-2013m-307VII.1 State Revenues Overview – VII. State Revenues and Appropriated Loan Receivables
… Receipt Period Receipts Transferred to State Treasury 1st through 15th day 1st day of succeeding month 16th through 31st day 15th day of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii1-state-revenues-overviewRockland County – Budget Review (B22-6-9)
… expenditure projections in the County’s proposed budget for the 2023 fiscal year are reasonable. Background The … is authorized to issue the deficit obligations, and for each subsequent fiscal year during which the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Findings Based on …
https://www.osc.ny.gov/local-government/audits/county/2022/11/18/rockland-county-budget-review-b22-6-9XI.2.B Contract Numbering – XI. Procurement and Contract Management
… contained in the Statewide Financial System (SFS) can be accurately reported (see Section 2.B - New York State … communicate with all potential users to ensure that they can accommodate the CM numbering scheme being assigned. … for commodities or services negotiated by OGS which can be used by state agencies or other users authorized by …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2b-contract-numberingDiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue
… in FY 2025, and less than $100 million total during FY 2026 and 2027. The Savings Program reduced the city-funded … by $436 million in FY 2025 and by $59 million in FY 2026. However, based on recent trends, the city could save … continue, savings for the city could be $2.4 billion in FY 2026 and $2.15 million in FY 2027. Other gap-closing …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-nyc-finances-stabilizing-drop-costs-asylum-seekers-and-resilient-tax-revenueDiNapoli: NYC Tax Collections Stronger Than Anticipated
… from the citywide savings program, a reduction in unneeded reserves in the current fiscal year and higher-than-expected … de Blasio and the City Council have increased the city’s reserves to a record $5.7 billion level. The likelihood of … Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-nyc-tax-collections-stronger-anticipatedXVI.3.E The Reporting Entity – XVI. Financial Reporting
… and Document Preparation: BACKGROUND New York State is involved in providing a full range of services to its citizens. Many … CRITERIA FOR ENTITY DETERMINATION Entity determination is done in accordance with provisions of the Codification of … New York State is involved in providing a full range of services to its …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityControls Over the Collection of the Public Safety Communications Surcharge
… in New York State is required to act as a State collection agent for the Surcharge. Providers are responsible for adding …
https://www.osc.ny.gov/state-agencies/audits/2017/10/04/controls-over-collection-public-safety-communications-surchargeUnclaimed Court Funds
Under Article VI of the New York Abandoned Property Law (APL), any money paid into the courts which has remained with a County Treasurer or the Commissioner of
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/court-funds.pdfXI.2 Comptroller Approval of Contracts and General Contracts Processing – XI. Procurement and Contract Management
… Prefixes New York State Contract Identifiers Contract Funds Reservation Vendor Name on Contractual Agreements …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2-overviewDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… economy given current developments. To their credit, Mayor de Blasio and the City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his preliminary executive budget for …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risks