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DiNapoli: New York City's Budget Outlook Improves
… and planned cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education … Despite the short-term improvement to the city’s fiscal outlook and efforts to minimize service impact, the city … report projects overtime could total $2 billion. Outlook Ahead The city should continue to seek efficiencies …
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
… Thomas P. DiNapoli’s annual report on the MTA’s fiscal outlook . With this improved financial picture, the burden is … in 2024 that could have ballooned to $1.6 billion in 2026. With new funds made available by the state and city, … could rise by $1.5 billion by 2037. Report: Financial Outlook for the Metropolitan Transportation Authority Other …
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
… the taxable value of personal use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2023. Affected Employees: Employees with … affected. Background: Personal Use of Employer Provided Vehicle and Chauffeur Services are fringe benefits. Per the …
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
… household income, with 1 in 5 households experiencing a severe cost burden of more than 50% of their income going … In New York, 55% of households headed by a Hispanic person, 50% of households headed by a Black or African American person and 48% of households headed by an Asian person had at …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Agencies Bulletin No. 2159
… the taxable value of personal use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2023. Affected Employees: Employees with … affected. Background: Personal Use of Employer Provided Vehicle and Chauffeur Services are fringe benefits. Per the …
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
… The percentage of school districts initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, but still remains relatively small, according to preliminary data filed with the office of State … The percentage of school districts initially planning to override New Yorks property tax cap in 201617 has nearly …
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
… Retirement Fund (Fund) has reached agreement with GoPro Inc. to formally include sexual orientation and gender … As of Feb. 28, the Fund held 104,500 shares of GoPro Inc. worth $982,300. The Fund currently has similar proposals … to increase board diversity pending at Dentsply Sirona Inc. and FleetCor Technologies Inc. and has filed similar …
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
… stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … its latest fiscal crisis,” DiNapoli said. “It should use this opportunity to stop its recurring cycle of fiscal … by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve service. …
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
… over the next 20 years,” DiNapoli said. “The big question is, how are we going to pay for that? Public-private … that result in greater private sector participation in the financing and delivery of public services and facilities than … 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-addressedDiNapoli Releases Analysis of State Financial Plan
… (DOB) projects fiscal stability for the next five years and includes plans to bolster rainy day reserves … DiNapoli’s analysis identifies several revenue, spending, and sustainability risks that could disrupt the Financial … revenue growth to continue, economic risks are growing and may jeopardize the state’s fiscal footing. Making …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… The purpose of this section is to outline the issues Business Unit personnel should be aware of in planning for … In planning or implementing each type of program, Business Units should also refer to any specific guidelines … a guest of their choice and appropriate agency officials. Business Units may use the meal per diem allowances for a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… STS or AC 340-S for purchase orders subject to OSC review (OP Transactions). Form AC 1782-S authorizes the head of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… to support vouchers is available to satisfy the State Archive record retention policy, oversight agencies’ auditing … to attach as support for the payment. The following list contains examples of the types of documents agencies may …
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
… the Department of Environmental Conservation (Department) is adequately monitoring the 480 and 480a private forest programs to ensure forest land is appropriately enrolled and landowners are adhering to requirements to assist in the protection of the environmental benefits of the …
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
… New York State Comptroller Thomas P. DiNapoli has directed staff to prohibit all new investments in Russian companies and to review the New … investments including direct holdings and co-mingled funds in Russian companies. About the New York State Common … New York State Comptroller Thomas P DiNapoli has directed …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… for allegedly stealing $51,532.64 of her late mother’s pension payments. “Ms. White thought she could get away with … and sending the message that those who attempt to steal pension benefits will be caught and will face consequences … The investigation revealed that following James’ death, 21 pension payments, totaling $54,047.43, were deposited into …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… reduced to $3.4 billion, according to a report released today by State Comptroller Thomas P. DiNapoli. This reduction … been reduced to $34 billion according to a report released today …
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)
… whether the Department of Environmental Conservation (DEC) is complying with Executive Order 95 (EO 95), including … usable. The audit covered the period between February 13, 2013 and October 23, 2020. About the Program State … steward of New York’s natural resources and environment, DEC is responsible for managing water, land, and air …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataOrdinary Death Benefit
… the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… more than just talking the talk when it comes to taking a stand against systemic racism. An independent examination of …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-audit