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DiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… three months into New York's fiscal year and personal income tax collections are falling short of what was expected," DiNapoli said. "Taxpayer anticipation of …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… are caught in a financial bind and are struggling for a way out,” said DiNapoli. “State and federal aid have … these revenues increased by nearly 7 percent per year. For the 2012-13 school year, school district revenues in the … totaled $60.1 billion. Of that total, state aid accounted for 34 percent ($20 billion), federal aid 5 percent ($3 …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… hide its non-compliance with state law by misrepresenting hours worked and rates paid in certified payrolls it … found the contractor was also paying employees for fewer hours than they actually worked and told employees to submit … believe that employees may have been paid for fewer hours than they actually worked January 20, to March 14 this …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … City’s coffers,” DiNapoli said. “Still, there are risks on the horizon, and Mayor de Blasio’s efforts to find additional … The New York City Mayors preliminary executive budget for FY …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… restitution and sentenced to serve five years of probation for stealing from the fire company. Perkins, 58, previously … During the last three years that she was treasurer for the fire company, from 2016 to 2019, investigators found … amounts that had been paid to the fire company. She paid for groceries and other personal expenses with the money. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… New sources of recurring revenue in the state’s final budget and other aid, including expected revenue from congestion pricing, give the Metropolitan Transportation Authority an … New sources of recurring revenue in the states final budget and other aid including expected …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… associated with forming those partnerships, according to a report released today by State Comptroller Thomas P. … over the next 20 years,” DiNapoli said. “The big question is, how are we going to pay for that? Public-private … agreement; Carefully draft agreements that specify what the private entity promises to deliver in exchange for …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedState Agencies Bulletin No. 2059
… are fringe benefits. Per the Internal Revenue Service (IRS) Rules and Regulations, most Fringe Benefits are taxable … vehicles and chauffeur services to ensure compliance with IRS Rules and Regulations. Agencies should have an … to the best of their knowledge, true and compliant with IRS regulations. Information about the vehicle itself, such …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedOpinion 92-46
… This opinion represents the views of the Office of the State Comptroller at the time … youth center) GENERAL MUNICIPAL LAW, §103: The purchase of kitchen utensils, furniture, books and sports equipment to be … be exceeded. You ask whether purchases by a village of kitchen utensils, furniture, books and sports equipment to be …
https://www.osc.ny.gov/legal-opinions/opinion-92-46Former Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted
… U.S. Attorney James P. Kennedy, Jr. announced today that Stephanie W. Cowart, 58, of Grand Island, NY, pleaded … Russell T. Ippolito, who is handling the case, stated that between 1997 and July 21, 2016, Stephanie Cowart served … Niagara Falls Housing Authority (NFHA), an organization that has received federal funding. Between October 2013 and …
https://www.osc.ny.gov/press/releases/2017/12/former-head-niagara-falls-housing-authority-pleads-guilty-stealing-government-funds-son-and-daughterOpinion 92-33
… PARK DISTRICTS -- Powers and Duties (expenditures for promotional services) LOCAL LAWS -- Pre-emption (special … Services (promotional and publicity services); (procedures for obtaining) -- Contracts Not Requiring Bidding (promotional and publicity services); (procedures for obtaining) TOWN LAW, §64(14)(a): A town board by …
https://www.osc.ny.gov/legal-opinions/opinion-92-33DiNapoli: LIRR On-Time Performance Falls Short
… canceled or terminated, according to a report released today by New York State Comptroller Thomas P. DiNapoli. LIRR … late canceled or terminated according to a report released today by New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortDiNapoli Releases Analysis of State Financial Plan
… State Fiscal Year (SFY) 2022-23 Enacted Budget Financial Plan from the Division of the Budget (DOB) projects fiscal … and sustainability risks that could disrupt the Financial Plan that should be monitored closely. “Amidst tremendous … not be lost,” DiNapoli said. “While the state Financial Plan expects revenue growth to continue, economic risks are …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… of programs. This section addresses Cash and Non-Cash awards associated with all merit award programs including longevity awards, performance awards, recognition awards and achievement awards. In …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: New York City's Budget Outlook Improves
… revenues and planned cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but … DiNapoli’s analysis of the city’s latest financial plan . “New York City’s finances were boosted by … track. Report Review of the Financial Plan of the City of New York (2024) Related Reports and Analysis Review of the …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… annually from an increase in the Payroll Mobility Tax on large New York City employers, the MTA has balanced budgets … rider recovery means $325 million less in annual revenue. NYC Transit has set a target for 70% rider satisfaction by … the system. Capital and Debt It is currently uncertain how large the MTA’s 2025-2029 capital program will be or how it …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backState Agencies Bulletin No. 2159.1
… of using the Prorated Annual Lease Value method or the Daily Lease Value method. Commuting Rule – Appropriate when … please refer to the IRS Publications listed below: IRS Publication 15 (Circular E, Employer’s Tax Guide) IRS Publication 15-B (Employer’s Tax Guide to Fringe Benefits) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… costs that consume more than 30% of their household income, with 1 in 5 households experiencing a severe cost burden of more than 50% of their income going to pay for housing, according to a report by … of housing insecurity are wide-ranging and while low-income renters are the most cost-burdened, these financial …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Agencies Bulletin No. 2159
The purpose of this bulletin is to inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an employerprovided vehicle and chauffeur services in the New York State Payroll System PayServ for tax year 2023
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: NYC Financial Plan Improved From June
… service delivery amid changing staffing trends, and building up reserves should enable the city to better … revenue of $2.5 billion since June due to unanticipated federal grant funds. The plan also does not yet include more … $1 billion in not yet approved revenue from the federal government for expenses related to the recent influx of …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-june