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NYS Common Retirement Fund Reports Second Quarter Results
… with an estimated value of $226.4 billion, according to New York State Comptroller Thomas P. DiNapoli. “A second … returns raised the pension fund’s estimated value to a new high,” DiNapoli said. “Our pension fund is strong … the nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsMedicaid Program – Accuracy of Medicaid Eligibility Determined by NY State of Health
… Objective To determine whether NY State of Health (NYSOH, New York’s online health plan marketplace) properly sent accurate, … and timely Medicaid eligibility and enrollment information to the Medicaid claims payment system, and if it did not, …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-accuracy-medicaid-eligibility-determined-ny-state-healthDiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… for local governments in July fell 8.2 percent compared to the same period last year, according to New York State Comptroller Thomas P. DiNapoli. Collections … Monthly Local Sales Tax Collections by Region Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyExamples from GASB Statement 34 - Sample City Statement of Net Assets Proprietary Funds
… Standards Board, 401 Merritt 7, Norwalk, CT 06856 are reprinted by permission. Sample City Statement of Net … sheet" format also is permitted. Classification of assets and liabilities is required in either case. Business-Type Activities Enterprise Funds Governmental Activities Water and Sewer …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34Travel Advisory No. 15
… available. The update is a result of the State’s decision to lift COVID-19 restrictions and agencies returning to pre-pandemic operation. For information about determining … employees may be required to sign a certification form such as the AC 132-S , Employee Report of Travel …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/15-covid-19-travel-and-expense-temporary-exceptionsCity of Troy – Budget Review (B19-5-8)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … City of Troy, located in Rensselaer County, is authorized to issue debt not to exceed $24,706,000 to liquidate … to issue obligations to fund operating deficits to submit their proposed budgets for the next fiscal year to the …
https://www.osc.ny.gov/local-government/audits/city/2019/11/07/city-troy-budget-review-b19-5-8Village of Westbury – Purchasing, Claims Audit and Information Technology (2013M-301)
… 30, 2012. Background The Village of Westbury is located in the Town of North Hempstead, Nassau County. The Village is governed by an elected Board of Trustees comprising a Mayor and four Trustees. The Village’s general fund … Ensure that all Village employees who are involved in the procurement process are aware of and comply with the …
https://www.osc.ny.gov/local-government/audits/village/2014/01/24/village-westbury-purchasing-claims-audit-and-information-technology-2013m-301DiNapoli Statement on Amazon's Agreement to Conduct an Independent Racial Equity Audit
… from its employment practices on its hourly workers. As a result of the agreement, DiNapoli and the New York State … its impacts on racial equity is a major step forward in ensuring equal opportunities and treatment in corporate America. We commend the company for listening to …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-statement-amazons-agreement-conduct-independent-racial-equity-auditDiNapoli: Former Village of Bemus Point Clerk-Treasurer Pleads Guilty to Embezzling Village Funds
… P. DiNapoli, Chautauqua County District Attorney Jason Schmidt and Chautauqua County Sheriff James B. Quattrone … our partnership with Chautauqua County District Attorney Schmidt and Sheriff Quattrone, we have held her accountable … is not a victimless crime,” said District Attorney Jason Schmidt. “The Village of Bemus Point, like many of our local …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-former-village-bemus-point-clerk-treasurer-pleads-guilty-embezzling-village-fundsVillage of Oxford – Justice Court Operations (2013M-219)
… through April 30, 2013. Background The Village of Oxford is located in the Town of Oxford in Chenango County and has a population of approximately 1,450. The Village is governed by a Board of Trustees which comprises four … moneys received and deposited to ensure that each ticket is adjudicated and has an associated payment deposited in the …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/02/14/village-oxford-justice-court-operations-2013m-219III.3 Scope of the SFS – III. Statewide Financial System (SFS)
… the New York State Financial Cycle as previously outlined in Chapter II New York State Financial Accounting: Establish … plans; and Evaluate financial performance against plans. In the establish control phase, the SFS records the … to replace the automated budget system used by DOB. A key component of the SFS is the Statewide Vendor File. All …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii3-scope-sfsVillage of Monticello – Board Oversight (2013M-226)
… Purpose of Audit The purpose of our audit was to assess the oversight provided by the Board for the period … which totaled approximately $19 million, as required, to ensure that moneys were not used for non-village purposes. … ensure that Village officials maintained accurate and up-to-date accounting records and, therefore, did not receive …
https://www.osc.ny.gov/local-government/audits/village/2014/02/14/village-monticello-board-oversight-2013m-226Property Tax Freeze Credit
… objective of our examination was to determine whether the Property Tax Freeze Credit (PTF Credit) payments approved by … qualified New York State homeowners for increases in local property taxes on their primary residences. To receive the …
https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-creditState Agencies Bulletin No. 258
… Purpose To provide agencies with instructions on accessing … class has been established which will allow access to five Garnishment panels - Garnishment Spec 1, Garnishment … security class. The Payroll Computer Security User Request Form (AC-2705P) has been revised to allow multiple security …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/258-agency-view-access-paysr-garnishment-panelsOpinion 88-73
… opinion. IMPROVEMENT DISTRICTS -- Reserve Fund (authority to establish) MUNICIPAL FUNDS -- Capital Reserve Fund … fund for improvement district purposes. This is in reply to your letter asking whether a town of the second class may … (General Municipal Law, §6-d[3][a]). March 22, 1988 Bruce W. Musacchio, Esq., Town Attorney Town of Collins … Whether a …
https://www.osc.ny.gov/legal-opinions/opinion-88-73DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… said. “Inflation and supply chain issues are continuing to impact the financial world and we expect a challenging … future. Still, the Fund is highly diversified and built to weather the ups and downs of the markets. Our pensioners … of return is 5.9%. Every three years the Fund is required to undergo an independent Fiduciary and Conflict of Interest …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterState Agencies Bulletin No. 422.1
… procedures to be used when requesting a stop payment or reversal of a direct deposit transaction . Affected Employees … one week before payday. This allows sufficient time for the checks and direct deposit advices to be printed, … paychecks are confirmed, agencies must use the AC3197 , Request for Direct Deposit Stop/Reversal, to stop or reverse …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/4221-direct-deposit-stop-payments-and-reversalsStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… the city prioritized its choices to minimize the impact on critical public services. Budget choices that are not made … the city’s practice of not fully budgeting for known spending risks, including for transportation, education and … year, the city will have additional resources to manage spending pressures this year and potentially even build …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… New York State Comptroller Thomas P. DiNapoli released the following … consecutive ranking as the leading U.S. pension fund on addressing climate issues. "Climate change is one of the … to cleaner companies. It’s also why I continue to speak out when the Fund’s portfolio companies fail to take the …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskDiNapoli: Home Ownership Grants Helping Low- and Moderate-Income New Yorkers
… overseen by the Affordable Housing Corporation, which is a division of New York State Homes and Community Renewal, … and expanding homeownership for New York’s families is critical to local communities and to the state’s overall economy,” DiNapoli said. “While there is some room for improvement, the Affordable Home Ownership …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-home-ownership-grants-helping-low-and-moderate-income-new-yorkers