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DiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the … of the reasons we are one of the nation’s strongest public pension funds.” The Fund's value reflects retirement and death …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterDiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… end of the second quarter of state fiscal year 2024-25. For the three-month period ending Sept. 30, 2024, Fund …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarterWyandanch Union Free School District – Budget Review (B25-7-3)
… Wyandanch Union Free School District (District) is located in Suffolk County. Chapter 18 of the Laws of 2020, as amended … 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 We found …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/11/wyandanch-union-free-school-district-budget-review-b25-7-3SUNY Bulletin No. SU-52
… Loan 432 Tax Deferred Annuity Copeland (Education) 500 Medicare Deficiency 501 Social Security Deficiency GARNSH …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-52-cancellation-general-deductions-certain-employees-who-areMaintenance, Inspection, and Testing of the Event Recorder System
… Island Rail Road (LIRR) maintains and inspects its Event Recorder System (ERS) and whether it has corrective action … the Long Island Rail Road maintains and inspects its Event Recorder System ERS and whether it has …
https://www.osc.ny.gov/state-agencies/audits/2018/11/07/maintenance-inspection-and-testing-event-recorder-systemVacancies at the Clinton Towers Mitchell-Lama Housing Development
… and preservation of affordable, high-quality housing for low- and moderate-income families in thriving and diverse … Towers Housing Company, Inc., which was formed in 1972 for the purpose of constructing, owning, and operating the … were often not rented in a timely manner. We found that for the period January 2012 through March 2017, an average of …
https://www.osc.ny.gov/state-agencies/audits/2017/12/08/vacancies-clinton-towers-mitchell-lama-housing-developmentOpinion 97-4
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … tax moneys to fund a death benefit payable to the family of a deceased firefighter because death is a … benefits solely by reason of the disability or death of a family member of a firefighter (1984 Opns St Comp No. 84-36, …
https://www.osc.ny.gov/legal-opinions/opinion-97-4Industrial Development Agency Board Governance (2017-MS-1)
… for which financial assistance is provided, uniform project agreements, annual assessments on project progress including job creation and retention, as … including inaccurate job creation and retention numbers, project status and transfer information. 24 of 35 projects …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/09/22/industrial-development-agency-board-governance-2017-ms-1State Agencies Bulletin No. 492
… Purpose To instruct agencies in the procedures for recalculating affected salaries. Affected Dates Beginning Pay Period 8 Lag for Institution and Pay Period 9 Lag for Administration and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/492-recalculation-salaries-employees-who-have-moved-between-bargaining-unitsCUNY Bulletin No. CU-739
… Information: The Uniform Allowance Payment (UA6) is not pensionable and is not included in the calculation of overtime compensation. Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-739-cuny-june-2022-uniform-allowance-paymentCity of Lockport – Budget Review (B20-1-9)
… City to issue debt to liquidate the accumulated deficits in the City’s general, water, sewer and refuse funds as of … on the results of our review, except for matters described in this letter, the significant revenue and expenditure projections in the proposed budget appear reasonable. Continually …
https://www.osc.ny.gov/local-government/audits/city/2020/11/06/city-lockport-budget-review-b20-1-9DiNapoli: Three Syracuse School District Employees Charged With Fraud in Scheme
… District’s after-school Twilight Program were arrested for engaging in several schemes to defraud the program … by allegedly tricking the district into paying them for services that never occurred. My office will not relent … out corruption. Thanks to District Attorney Fitzpatrick for his continued partnership in combatting fraud.” “My …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-three-syracuse-school-district-employees-charged-fraud-schemeNew York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… for overtime and education. The city’s financial plan does not reflect the impact of the Governor’s proposed budget for … last year, although the impact on next year’s budget is not yet known. Full Report Review of the Financial Plan of …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearCompliance With Executive Order 88 – Energy Efficiency of State Buildings (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, Compliance With Executive Order … is the centerpiece of BuildSmart NY – the State’s program for pursuing energy efficiency in certain New York State … by creating green jobs and stimulating the marketplace for clean energy and energy-efficient products and services. …
https://www.osc.ny.gov/state-agencies/audits/2020/10/15/compliance-executive-order-88-energy-efficiency-state-buildings-followDiNapoli: State Agencies Persistently Late with Not-For-Profits Contracts
… Thomas P. DiNapoli found 50 percent of the contracts in 2019 between Not-for-Profit (NFP) organizations and the … DiNapoli’s report showed that no progress has been made in the past year, with the percentage of late contracts … state's 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-agencies-persistently-late-not-profits-contractsDiNapoli Releases April State Cash Report
… by an increase in corporate franchise tax collections (up $274.4 million), miscellaneous receipts (up $37.6 million or 2.6 percent) and federal receipts (up … For a detailed breakdown, go to http://www.osc.state.ny.us/finance/cbr.htm DiNapoli's office issues a state cash …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-releases-april-state-cash-reportDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… $200 million to Pine Street Alternative Asset Management for opportunistic investments through its Emerging Manager … am pleased to welcome Pine Street as an investment partner for our Emerging Manager Program,”said DiNapoli. “This … help boost the new opportunistic portfolio and position us for future growth.” In 2011, DiNapoli fulfilled a commitment …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsExcessive Payments for Durable Medical Equipment Rentals (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Medicaid Program – Excessive Payments for Durable Medical Equipment Rentals (Report 2021-S-36 ). … the State’s Medicaid program. DOH uses two methods to pay for Medicaid services: fee-for-service (FFS) and managed …
https://www.osc.ny.gov/state-agencies/audits/2024/12/04/excessive-payments-durable-medical-equipment-rentals-followDiNapoli: Local Sales Tax Collections Down for Third Quarter 2020
… Sales tax revenue for local governments in New York state dropped 9.5 percent in the third quarter compared … In addition, consumer spending continues to be weak and international tourism fell sharply over prior years. For …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-local-sales-tax-collections-down-third-quarter-2020Unified Court System Bulletin No. UCS-83
… OSC’s automatic processing and to provide instructions for payments not processed automatically. Affected Employees … Unit SY will receive Increments based on the 4/1/02 Salary Schedule. The Longevity Bonus ( JLO ) amount is … 87 , 88 and CT will receive Increments based on the 4/1/04 Salary Schedule and the Longevity Bonus ( JLO ) amount is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-83-april-2005-service-increments-longevity-pay-and-longevity-bonus