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DiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… P. DiNapoli today announced that the former treasurer of the Morley Volunteer Fire Co., Cindi Perkins, was … with the money. Perkins was sentenced in St. Lawrence County Court by Judge Gregory P. Storie. Since taking office in …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: 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 funding …
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
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) … savings plans before the end of 2023 and explain to riders what impact the savings may have on service. Overtime costs … maintenance positions, which has exceeded separations in 20 of the last 25 months. Ridership The MTA projects it will …
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
… use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year … Fringe Benefits are taxable income that must be included in the employee’s taxable gross wages. This income is reportable on the employee’s Form W-2 and is subject to income and …
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
… cost burden of more than 50% of their income going to pay for housing, according to a report by State Comptroller … Previous reports focused on poverty and food insecurity. “For too many New Yorkers, finding and keeping an adequate and … were burdened in 2022. Between 2012 and 2022 the greatest increases in rates of cost-burden were among renters with …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Agencies Bulletin No. 2159
… inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an … services in the New York State Payroll System (PayServ) for tax year 2023. Affected Employees: Employees with … method. The amount of the taxable value is not considered salary for the purposes of computing retirement benefits. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… plans to override the tax cap. Property tax levy growth for school districts is capped at 0.12 percent above current levels for the 2016-17 fiscal year. “School districts are feeling … to local governments beginning in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capPension Fund Makes Progress on Board Diversity
… company growth," DiNapoli said. "The Fund commends GoPro for its willingness to formalize its commitment to diversity …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… a safe, reliable and on-time transit system.” The state’s increase in the payroll mobility tax will provide the MTA … $1.8 billion more (58% higher) than in 2022. Much of this increase is expected to be funded by the capital lockbox, …
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
… As New York state grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over … said. “The big question is, how are we going to pay for that? Public-private partnerships are a good option to … with unwarranted costs such as excessive fees and toll increases. Unrealistic expectations and poorly drafted …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli Releases Analysis of State Financial Plan
… the Division of the Budget (DOB) projects fiscal stability for the next five years and includes plans to bolster rainy … actions, including temporary personal income tax (PIT) increases on high earners, creates additional risk. In 2019, … Over the life of the Financial Plan, temporary tax rate increases in PIT and corporate franchise taxes and largely …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… Business Unit personnel should be aware of in planning for employee award programs and the requirements of the Office of the State Comptroller (OSC) for approving payment for these types of programs. This section addresses Cash and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… The city’s financial position gives it an opportunity to increase its prepayments of FY 2023 spending, enhance its … to rise in FY 2023 by $1.5 billion from the prior year, an increase of $848 million from the November plan projection, with an anticipated increase in total property valuation of more than 8%. The …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… board, body, bureau, officer or employee in a department, for personal services, maintenance and operation, for submission to the comptroller for audit, shall be made by the head of the department, or by …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… requirements to ensure documentation supporting payments for Accounts Payable and Land Claims processed in the … trainings (e.g., sign-in sheets) Personnel Services (Note: Salary and Fringe rates must be substantiated.) Certified … worked forms (if applicable) Contractual agreements for salary rates and/or benefits payable Personal activity …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsOversight of New York State Forest Tax Programs
… Objective To determine if the Department of Environmental Conservation … each year a landowner receives a tax break, they must submit an annual commitment form recommitting their land for the next succeeding 10 …
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… events. New York stands with the Ukrainan people. We hope for a peaceful resolution.” The Fund estimates it has $110.8 …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… It is essential that additional resources are used for critical infrastructure projects to reduce debt issued … billion in the current fiscal year with little planned for subsequent years. However, significant new recurring … established in the budget to support pandemic recovery for New York’s struggling individuals, families and …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesCompliance With Executive Order 95 (Open Data)
… 2013, established an online Open Data Website (Open Data) for the collection and public dissemination of publishable … and make such data freely available in accessible formats for public use. As of March 2021, there were over 5,190 data … natural resources and environment, DEC is responsible for managing water, land, and air pollution in order to …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataOrdinary Death Benefit
… the laws of 2022 – A.7730/S.6619-A (Abbate/Gounardes) - Increases the age at which the ordinary death benefit … to the full retirement age. Memo Bill Text Status … Increases the age at which the ordinary death benefit …
https://www.osc.ny.gov/legislation/ordinary-death-benefit