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Town of Roxbury – Payments to Not-For-Profit Organizations (2022M-177)
… that it does not violate Article VIII, Section 1 of the New York State Constitution. Town officials agreed with our findings …
https://www.osc.ny.gov/local-government/audits/town/2023/01/27/town-roxbury-payments-not-profit-organizations-2022m-177Horseheads Fire District #1 - Board Oversight (2019M-82)
… [read complete report - pdf] Audit Objective Determine whether the Board … multiyear financial and capital plans, including a plan for reserves, to establish long-term objectives for funding long-term needs. Establish reserves to reduce the …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/06/28/horseheads-fire-district-1-board-oversight-2019m-82Village of Attica – Justice Court (2014M-30)
… and the Court’s computer system was not used to generate a balance due report. Cases in which payment was not received …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/05/02/village-attica-justice-court-2014m-30Inlet Common School District – Claims Auditing (2015M-285)
… Background The Inlet Common School District is located in the Town of Inlet in Hamilton County. The District, which operates one school … official. Key Recommendations There are no recommendations in this report. … Inlet Common School District Claims …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/08/inlet-common-school-district-claims-auditing-2015m-285Herkimer-Fulton-Hamilton-Otsego Board of Cooperative Educational Services – Claims Audit Process (2016M-185)
… purposes and were audited and approved prior to payment. Key Recommendations There were no recommendations as …
https://www.osc.ny.gov/local-government/audits/boces/2016/07/15/herkimer-fulton-hamilton-otsego-board-cooperative-educational-services-claims-auditGASB Statement 87, Leases
… or Lease that continues into a holdover period until a new lease is signed. Fiscal Funding Clause Fiscal funding or … including costs to terminate an existing lease and sign a new one. Types of costs include negotiation costs, relocation … the past 10 years was used for over 500 hours per year. A new construction project requires double the amount of …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesNew York's Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
The COVID-19 pandemic’s impact on the State’s labor force was more severe than in other states: the size of the workforce declined more rapidly than the rest of the nation in 2020 and continued to shrink in 2021 when other states recovered.
https://www.osc.ny.gov/files/reports/pdf/new-york-labor-force-2022.pdfHousehold Debt in New York State
At the end of 2021, national household debt totaled $15.6 trillion, with New York households comprising $869.4 billion or 5.6 percent of the national total, ranking New York fourth in the nation (consistent with the State population rank) after California, Texas and Florida.
https://www.osc.ny.gov/files/reports/pdf/household-debt-in-new-york-state.pdfLocal Sales Taxes in July-September 2021 Up 20 Percent Compared to Same Quarter in 2020 - New York City Collections Near 2019 Pre-Pandemic Levels
Local government sales tax collections totaled nearly $5.2 billion in the third quarter of 2021, up $861 million (20 percent) compared to the same period last year. Every region in the State, including New York City, experienced robust growth in sales tax revenue.
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-taxes-up-20-percent-in-july-september-2021.pdfDiNapoli Releases Report on NYS Executive Budget
… face the difficult challenge of ensuring adequate funding for our schools, health care programs, and other critical … approval would expand the Executive’s powers, allowing for costlier and riskier bonding choices with State PIT and … growing by less than 1%. Stronger growth is forecasted for the second half of the year, but at rates below 2023 …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-releases-report-nys-executive-budgetDiNapoli and William Glasgall Op-Ed
… with their finances is a Fiscal Stress Monitoring System, which began in 2013. This system helps give municipal and state leaders early warning …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-and-william-glasgall-op-edGreen Economy Boosts Job Growth in New York
… to fulfill others. In total, these occupations made up over 17% of all jobs in the state pre-pandemic. He urged … not only encourage the creation of new jobs related to clean energy and energy efficiency, but they can also affect … Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2022/02/green-economy-boosts-job-growth-new-yorkNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Edition July 22, 2020 … organizations and other recipients of State funding face tremendous uncertainty about the level of State funding …
https://www.osc.ny.gov/reports/covid-19-july-22-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… “Wall Street’s successful first half helps our state and city budgets because the securities industry provides an … of additional support, including action in Washington on a new round of stimulus and relief. Wall Street’s growth can … the pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now about …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… and causing billions of dollars in damage, the city needs to be better prepared for another catastrophic event, … planning in New York City. “It is not a matter of if, but when, another massive storm like Sandy will hit New … listed as in-process or complete on the site, but there were a number of problems. Auditors found: 412 (55%) …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersOversight of Kendra’s Law
… report significant events to their respective LGU within 24 hours of being made aware of them. Significant events are … of AOT for 11 recipients and temporary lapses for 12 recipients. The lapses in court-ordered services lasted … investigations. Evaluate the feasibility of collecting data about the time to connect AOT recipients with their …
https://www.osc.ny.gov/state-agencies/audits/2024/02/08/oversight-kendras-lawDivision of Housing and Community Renewal Bulletin No. DH-97
To provide the Division of Housing and Community Renewal instructions for processing the 2018 RRSU Over40 Comp Time II Cash Out
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-97-2018-rrsu-over40-comp-time-ii-cash-outState Agencies Bulletin No. 1682
… taxes withheld. Employers are required to remit payment, in full, of both the employee and employer share of the taxes … business practice is to establish a deficiency deduction in the New York State Payroll System to recover the monies … notification. Effective Date(s) Immediately Agency Actions In order to assist Agencies with identifying their impacted …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1682-current-year-social-security-andor-medicare-tax-deficiencies-and-impactSUNY Bulletin No. SU-141
… Affected Employees SUNY Professional Services employees in Bargaining Unit 08 Background Chapter 137 of the Laws of … increases. Discretionary Salary Increases may be submitted in Pay Periods 16L and 17L, paychecks dated 11/28/07 and … with a Pay Basis Code of CAL Eligibility Employees in BU08 must be Active or on an approved Leave on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-141-uup-1-discretionary-increaseDivision of Housing and Community Renewal Bulletin No. DH-83
… Purpose To provide the Division of Housing and Community Renewal … Employees in the Rent Regulation Services Unit – BU67 who have opted to participate in the Over40 Comp Time II Cash Out … to cash out up to 120 hours once per year. Employees do not need to be currently enrolled in the Over40 Comp Time …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-83-2016-rrsu-over40-comp-time-ii-cash-out