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DiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… Total revenue for New York City’s budget is expected to drop by 9.4% to $101.1 billion in Fiscal Year … risks means the city should continue to identify areas for savings, track how its services are delivered amid … Total revenue for New York Citys budget is expected to drop by 94 to $1011 …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeXII.2 Expenditure Policies – XII. Expenditures
… the State Comptroller audit all payments and refunds made by the State and its departments prior to payment in order to … the State Comptroller audit all payments and refunds made by the State and its departments prior to payment in order to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii2-expenditure-policiesDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… the COVID-19 pandemic,” said DiNapoli. “While this is good news, local leaders are advised to budget carefully. If this …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former City of Rensselaer Department of Public Works Commissioner on Felony Charges For Stealing Scrap Metal Proceeds
… Eric T. Schneiderman today announced the sentencing of Thomas Capuano, the former Commissioner of the Department of Public Works (DPW) of the city of Rensselaer, for his role … Comptroller DiNapoli announced the sentencing of Thomas Capuano the former Commissioner of the Dept of …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-city-rensselaer-department-publicService Credit for Tiers 2 through 6
… the pension benefit you receive will be directly related to your retirement service credit. As a NYSLRS member, you earn service credit for your paid public employment with a … Retirement System members earn service credit for employment with participating employers …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6Division of Housing and Community Renewal Bulletin No. DH-108.1
… by Payroll Bulletin No. DH-108.2 . Purpose The purpose of this bulletin is to inform the Division of Housing and Community Renewal of OSC’s automatic processing of the April 2020 DC 37 … Division of Housing and Community Renewal Bulletin No DH1081 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-1081-april-2020-district-council-37-dc-37-retroactive-2State Agencies Bulletin No. 2261
… not processed automatically. Affected Employees: Employees in the Professional, Scientific, and Technical Service Unit – … implemented the 2023-2026 Agreement between the State of New York and PEF, provides for payment of performance … advances in September to eligible PEF employees based on the 04/01/2024 Salary Schedule. Effective Dates: The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2261-september-2024-public-employees-federation-pef-performance-advances-andCUNY Bulletin No. CU-350
… Purpose To inform agencies of OSC’s automatic processing and to provide instructions for … (SEIU) - Bargaining Unit S6 International Association of Theatrical and Stage Employees (IATSE) - Bargaining Unit … 16C, paychecks dated 11/6/08 Background The Memorandum of Understanding for Successor Agreements to the 2006-2009 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-350-2006-2008-retroactive-salary-increases-classified-blueMotor Vehicle Theft and Insurance Fraud Prevention Program (2022-M-2)
To determine whether the Division of Criminal Justice Services (DCJS) has complied with Article 36-A of the State Executive Law for revenues received by and expenditures made from the Motor Vehicle Theft and Insurance Fraud Prevention Fund and from any other source for purposes of the Motor ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-22m2.pdfEconomic and Policy Insight: New York State’s Clean Energy Fund
Between 2016 and 2032, the CEF is approved to collect $7.5 billion. Review of CEF-supported programs indicates some have exceeded the goals set out by the New York State Public Service Commission (PSC), while others appear not to be on track to reach their 2025 targets.
https://www.osc.ny.gov/files/reports/pdf/clean-energy-fund.pdfCommon Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions. The presenters will provide examples of these errors as made in the Annual Update Document (AUD) and
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22.pdfThe Economic Impact of the Great Outdoors
Outdoor recreation in New York provided $21.1 billion in economic activity in 2020 and supported over 241,000 jobs. While New York ranks fourth in the nation on GDP generated by outdoor recreation, outdoor recreation represents a more significant part of the economy in nearly every other state.
https://www.osc.ny.gov/files/reports/pdf/economic-impact-great-outdoors.pdfLocal Sales Taxes Surge 49.2 Percent in April-June 2021 Over Same Quarter in 2020: Statewide Collections Strong Even Compared to Pre-Pandemic Period
Local sales tax collections in New York State grew by 49.2 percent, or just over $1.6 billion, in the second quarter of 2021 compared to the same period last year, a dramatic increase from last year’s weak collections during the first wave of the COVID-19 pandemic.
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-taxes-surge-in-april-june-2021.pdfSUNY Bulletin No. SU-309
… the 2021 UUP 2% Salary Increase and provide instructions for payments not processed automatically. Affected Employees … a payment and has been paid in the same Employee Record Number since the effective date of the payment, all … beginning in Administration Pay Period 9L, the agency must report the adjustment amount for earnings codes such as: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-309-2021-salary-increase-psnu-employees-represented-unitedSUNY Bulletin No. SU-308
… UUP 2% Salary Increase and provide instructions for payments not processed automatically. Affected Employees … a payment and has been paid in the same Employee Record Number since the effective date of the payment, all … beginning in Administration Pay Period 8L, the agency must report the adjustment amount for earnings codes such as: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-308-2020-retroactive-salary-increase-psnu-employeesDiNapoli: Former Le Roy Fire Department Treasurer Stole Nearly $50,000 in Public Funds
… records in the first degree (class E Felony). “This official blatantly took advantage of his position to enrich … has control of the purse strings, it can be too easy for the misuse of public money to go undetected. I want to thank Genesee County District Attorney Lawrence …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-former-le-roy-fire-department-treasurer-stole-nearly-50000-public-fundsDiNapoli Releases February State Cash Report
… New York state is on target to reach year-end revenue projections with collections of $67.8 billion in taxes through the first … hit the Division of the Budget’s (DOB) projections, which is expected. “New York’s improved fiscal position, thanks to … New York state is on target to reach yearend revenue projections with …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-releases-february-state-cash-reportDiNapoli: New York on Stronger Financial Footing
… able to deposit $175 million in the Rainy Day Reserve Fund for the first time since 2008, according to a report on the … to less than 2 percent while providing increased aid for schools and tax cuts. Past budget practices that had … appeared in this year’s budget. My concern continues to be for New York to achieve long-term structural budget balance. …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingDiNapoli High-Tech is on the Rise in NYC
… High-tech is one of the fastest growing industries in New York City, growing four times faster than the rate of job growth in the rest of the city’s economy, with annual salaries that are well … Hightech is one of the fastest growing industries in New York City growing …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycOpinion 93-8
… Finance Law, §54.90 may provide at the time of original issuance that the interest rate payable under the obligation … Finance Law, §54.90 may provide at the time of original issuance that the interest rate payable on such obligation … ... set forth or referred to in the bonds or notes". The issuance of variable rate bonds or notes, however, is subject …
https://www.osc.ny.gov/legal-opinions/opinion-93-8