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DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus

… city’s February financial plan. The surplus could reach at least $4.5 billion if revenue and spending remain on their … and other fiscal pressures. The city should also look at more ways to generate cost efficiencies and build its … 2024 to FY 2026, but an unexpected decline would require at least a short-term fix using the city’s accumulated …

https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplus

XI.2.K Authorized Signatures – XI. Procurement and Contract Management

… Contracts on behalf of an agency where the State of New York is a party, and Vendor responsibility determinations … agency, OSC’s BOC must have on file the signature of the new department head and/or the designee stating the … Page of this Chapter for additional information.) Further, all contracts or amendments between the State of New York and …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signatures

XII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures

… Salary and Fringe rates must be substantiated.) Certified payroll registers Time cards Overtime authorization and/or …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claims

Oversight of New York State Forest Tax Programs

… Objective To determine if the Department of Environmental Conservation (Department) is adequately … are adhering to requirements to assist in the protection of the environmental benefits of the State’s forest resources. The audit covers properties …

https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programs

V.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance

… by business unit. Where transactions entered by users do not balance by Fund, system-generated entries will be …

https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accounting

DiNapoli Urges NYC to Shore Up Rainy-Day Fund

… DiNapoli urged New York City officials to better prepare for financial downturns by evaluating the city’s rainy-day reserve fund, establishing targets for how much should go into the fund each year and setting the conditions for withdrawals. His report found the city’s reserve policies …

https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fund

NYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit

… that it was unable to agree with Amazon Inc.’s request to keep the New York State Common Retirement Fund’s shareholder … America. Companies like Amazon need to show they are doing more than just talking the talk when it comes to taking … it was unable to agree with Amazon Incs request to keep the New York State Common Retirement Funds shareholder …

https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-audit

DiNapoli: 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 … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-funds

State Comptroller Thomas P. DiNapoli Statement on Mayor's Executive Budget Update

… “New York City’s budget outlook continues to improve, and it can use this opportunity to build reserves and take other actions to address future … the city’s economy continues to grow and deliver better than expected tax revenue, supporting upward revisions …

https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-thomas-p-dinapoli-statement-mayors-executive-budget-update

DiNapoli: New York City's Budget Outlook Improves

… funding for education and social services remain uncertain in the future, according to State Comptroller Thomas P. DiNapoli’s analysis of the city’s latest financial plan . “New York City’s … end of federal pandemic aid for continuing programming, a number of underbudgeted spending items and a lack of federal …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improves

DiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest

… severe cost burden of more than 50% of their income going to pay for housing, according to a report by State Comptroller Thomas P. DiNapoli. This is … finding and keeping an adequate and affordable place to live has become more and more difficult,” DiNapoli said. …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highest

DiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects

… water and sewer projects far exceeds this amount, and tens of billions of dollars in local projects remain in the … projects than any other state, but the resources needed to address aging infrastructure and related challenges remain … projects that address emerging contaminants, climate change, bioterrorism, disadvantaged communities, and …

https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-water

DiNapoli: Local Governments Should Improve Enforcement of State Fire Code Regulations

… in seven cities and three villages. “Local officials must do their part to keep fire safety a priority,” said DiNapoli. … that officials from five municipalities in the sample do not review or approve fire plans or evacuation plans. Seven municipalities do not confirm that building evacuation drills are performed. …

https://www.osc.ny.gov/press/releases/2015/05/dinapoli-local-governments-should-improve-enforcement-state-fire-code-regulations

DiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back

… in ridership revenue brought on by the pandemic. Fares (26%) and tolls (13%) will combine to make up 39% of the MTA’s …

https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-back

State Agencies Bulletin No. 2159.1

… chauffeur services for the period November 1, 2022, through October 31, 2023, as income on the employee’s … of Personal Use (AC 3173) for the period of November 1, 2022 through October 31, 2023 prior to the deadline … 525 (Taxable and Nontaxable Income) (Most Current Version 2022) Questions: Questions regarding this bulletin may be …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-provided

State Agencies Bulletin No. 2159

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-provided

State Agencies Bulletin No. 2059

… of the agency, who attests that the valuation is, to the best of their knowledge, true and compliant with IRS …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-provided

Comptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers

… admitted that from 1992 to 2013, they conspired with Joseph Ross to steal from Met Council through an elaborate … items and contracts. The conspiracy began in 1992, when Joseph Ross (a principal of Century Coverage Corporation and … Met Council knowingly paid the inflated premiums, and then Joseph Ross gave cash kickbacks to Cohen and Herb Friedman, …

https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokers