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Comptroller DiNapoli Releases School District Audits
… the board overestimated general fund appropriations by a total of approximately $1.6 million from 2016-17 through … of the ensuing year’s appropriations, or four to seven times the statutory limit over the last three completed … $1.3 million or 6 percentage points. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-school-district-auditsImplications for the Future – 2022 Financial Condition Report
… continued nationally through August 2022. These factors have heightened the uncertainty of economic forecasts. The … of the Budget (DOB) projected that tax revenues would not again reach the SFY 2019-20 level until SFY 2023-24. … Fund spending. This level is low compared to other large states and the national median. However, the DOB has …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureHeat and Hot Water Complaints (Follow-Up)
… Objective To determine the extent of implementation of the eight recommendations in our initial audit report, Heat and Hot Water Complaints (Report 2019-N-3 ). About the …
https://www.osc.ny.gov/state-agencies/audits/2022/07/13/heat-and-hot-water-complaints-followXIV.2 Obligation, Accounting and Budget Dates – XIV. Special Procedures
… section defines dates required for various transactions in the Statewide Financial System (SFS). In SFS, transactions … by the State that resulted in a claim for collection from the State (accounts receivable). Obligation Date is the … to be analyzed in order to determine Obligation Date. In many cases, grant payment dates are determined by the grant …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv2-obligation-accounting-and-budget-datesManual Reporting – Enhanced Reporting
… data directly into Retirement Online to create a report, which updates each employee’s record for the report period. … holds. Employees may have more than one job under the same employer. If the standard work day , retirement plan or pay frequency for each job is different, a separate …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/manual-reportingFund's Mission, Values and Investment Philosophy
… highly efficient markets, we should gain exposure through low-cost, passive strategies. In less efficient markets, we consider active strategies where: We understand the drivers of the …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyState Agencies Bulletin No. 2062
… appropriate code Hours/Units/Amount: Number of Hours/Units/Amounts, as applicable Agencies must use the overtime … Checks: When a valid payroll check is undeliverable due to the agency’s inability to locate the employee, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2062-changes-calculation-overtime-and-pre-shift-briefing-eligible-employeesSUNY Bulletin No. SU-342.1
… This Bulletin Supersedes Payroll Bulletin No. SU-342 Purpose The purpose of this … BU08 cannot utilize this leave until they have been on the payroll for at least six months. For academic employees or … one semester shall be equal to six months on the payroll. For additional information, please refer to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-3421-suny-paid-parental-leave-fullPayroll Improvement Project Bulletin No. PIP-007
… March 25, 2021 (Inst) or March 31, 2021 (Admin) paycheck. Payments for all jobs will be deposited according to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-007-direct-deposit-record-changes-requiring-modificationsDiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… commercial, housing and cultural projects. From 2011 to 2022, the South Bronx saw a 25% and 20% increase in jobs and … prior due to COVID, the South Bronx added 4,679 jobs in 2022, while new businesses saw an uptick. Federal pandemic … helped many South Bronx businesses stay afloat, and in 2022, the area had 78,476 private sector jobs, which …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesDiNapoli: New Federal Funds Give New York a Chance To Expand Broadband, Close Digital Divide
… connections in every corner of the state, according to a new analysis released by State Comptroller Thomas P. … internet available to New Yorkers,” DiNapoli said. “Many parts of the state still lack the infrastructure to … internet is imperative for equality of opportunity. How New York utilizes this federal funding will set a …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-new-federal-funds-give-new-york-chance-expand-broadband-close-digital-dividePost Retirement Reporting
… of Cooperative Educational Services (BOCES) are required by law to: Report when a NYSLRS retiree exceeds the earnings limit. Annually report all public retirees who were on payroll during the previous … the Post Retirement Reporting Page is available in Retirement Online if you: Still use legacy reporting; or …
https://www.osc.ny.gov/retirement/employers/post-retirement-reportingDiNapoli: The Rockaways is on the Rise
… developments projects in the pipeline, the Rockaways is coming back. Today's report shows how far the Rockaways … Even with these hardships, the future for the Rockaways is a bright one, and even brighter if we work together. I … sure the needs of Rockaway residents are met." "Rockaway is experiencing a wave of new developments and improvements," …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-rockaways-riseDiNapoli: School District Tax Levy Cap Below 2 Percent for Second Straight Year
… Property tax levy growth for school districts will be capped at 1.23 percent, down from … their budgets,” DiNapoli said. “The financial impact of the COVID-19 pandemic, combined with a levy growth rate of …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-school-district-tax-levy-cap-below-2-percent-second-straight-yearState Agencies Bulletin No. 953
… and is used by OSC to describe changes made to employee records that were made by OSC Staff. There is only one … OSC has updated the General Comments page so that when a new General Comment is entered into an employee’s record, the … the Comment Date or Sequence Number fields when entering a new comment. Agencies are not able to modify an existing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/953-changes-general-comments-page-payservPawling Central School District – Selected Financial Activities (2012M-185)
… duties over cash disbursements. Key Recommendations Adopt a formal process for capital projects that includes a … duties of the Treasurer and Deputy Treasurer so that they do not control all aspects of any financial transaction. … Maintain control of the facsimile signature at all times. … Pawling Central School District Selected Financial …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/08/pawling-central-school-district-selected-financial-activities-2012m-185State Comptroller DiNapoli Releases Municipal & School Audits
… records for the beverage events. As a result, there is a substantial risk that not all collections were remitted. … they are unable to assure taxpayers that the district is procuring goods and services in the most prudent and …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-1Automated Phone Service
… account information and make requests. Members can view benefit information, update contact information, view and … birth so that we can locate your account information.) #3 Death of a Member or Retiree If you are calling to report the death of a member or retiree. For questions about …
https://www.osc.ny.gov/retirement/members/automated-phone-serviceDiNapoli: Former Erie County Deputy Clerk Arrested for Stealing More Than $200,000 From County
… Office collected money during the examination period, cash was collected but not deposited. In most instances, the total amount of cash collected by one of the clerks was missing. Furthermore, the investigation found that cash was deposited into McDougall’s personal bank account on …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-former-erie-county-deputy-clerk-arrested-stealing-more-200000-countyDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billion