Search
NYS Common Retirement Fund Reports Second Quarter Results
… but gains are clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the … percent), real estate and real assets (8.5 percent) and credit, absolute return strategies and opportunistic …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsV.3.F Projects – V. Chart of Accounts (COA) Governance
… beginning and end dates or occur during a defined time period, and may be operational or capital in nature. The … beginning and end dates or occur during a defined time period and may be operational or capital in nature …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3f-projectsDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… hours, but the city’s Department of Housing Preservation and Development (HPD) has likely missed numerous complaints … accountable. HPD needs to address the problems we found and ensure New Yorkers are being helped this fall and winter when they complain that they have no heat or hot …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredCompliance With Executive Order 95 (Open Data)
… of Parks, Recreation and Historic Preservation (Parks) is complying with Executive Order 95 (EO 95), including … (ITS) under EO 95, and whether data posted under EO 95 is reliable and easily usable. The audit covered the period … 2020, there were over 4,700 data items on Open Data. Parks is responsible for the operation and stewardship of the parks …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/compliance-executive-order-95-open-dataCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service
To determine if CVS Health remitted commercial drug rebate revenue related to Empire Plan drug utilization in accordance with its contract with the Department of Civil Service Our audit covered the period January 1 2014 through December 31 2018 The New York State Health Insurance Program NYSHIP
https://www.osc.ny.gov/state-agencies/audits/2020/08/21/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-serviceDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… over $2 billion higher than forecast by the Division of the Budget (DOB) in the most recent financial plan, … in additional receipts above DOB estimates through the end of SFY 2024-25. Tax collections for SFY 2023-24 were $5.2 … collections outpaced forecasts,” DiNapoli said. “The pace of inflation and Federal Reserve Board interest rate …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli: NYC Budget Benefits From Stronger Economy
… narrow the out-year budget gaps, according to an analysis of the city’s financial plan released today by New York State … outlook has improved with the economy, but the possibility of an economic setback increases with each year,” DiNapoli … the city’s reserves, which would cushion the impact of an economic downturn.” The city’s revised financial plan …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyState Agencies Bulletin No. 2253
… implemented the 2023-2026 Agreement between the State of New York and NYSCOPBA for arbitration eligible members (BU01) … Change/CRT (Change Rate) if the Comp Rate Code is HRY for all subsequent rows provided the employee remains in an eligible position. Calculating the New Compensation Rate The salary on each inserted row …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2253-april-2023-and-april-2024-retroactive-3-salary-increases-arbitrationDiNapoli: MTA Budget Gaps Return
… stability secured by an infusion of state funds last year, the Metropolitan Transportation Authority (MTA) now … projected budget gaps that start at $211 million this year and increase to $652 million in 2028, according to a new … budget risks that the MTA has identified come to pass. “A year ago, the MTA was looking forward to a period of solid …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnIX.10.C Federal Treasury Offset Program (TOP) Agency Responsibilities – IX. Federal Grants
… https://fiscal.treasury.gov/fsservices/gov/debtColl/dms/top/debt_top.htm Questions about state-administered federal drawdowns … and Projects team at [email protected] . Per TOP policy, Federal TOPs staff will only communicate with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10c-federal-treasury-offset-program-top-agency-responsibilitiesDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… The expiration of one-time federal pandemic aid, combined with state aid that has not kept pace with inflation and slower growth in local revenue may push some local governments closer to the edge of a fiscal cliff, according to a report released … The expiration of onetime federal pandemic aid combined with state aid that has not …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsState Agencies Bulletin No. 2313
… or BIW (only if the employee is on a Paid Military Stipend Leave) Graded positions: 001-038 NS positions: Grade 600 … to Family Medical Leave (LOA/FML) Leave of Absence due to Child Care Leave (LOA/CCL) Leave of Absence due to Discretionary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2313-longevity-service-payment-employees-eligible-bargaining-unitOpen Educational Resources
… initiatives at its colleges to help defray textbook costs for students, and whether the OER initiatives adequately … OER has the potential to generate significant cost savings for students and reduce barriers to academic success, making … allocations and provide more cost savings opportunities for students. Key Recommendations Establish and document an …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesState Agencies Bulletin No. 2339
… (Institution): The agency must not include the April 2025 (BU 01 and BU 21) Salary Increases in the salary reported in the Pay … processing did not automatically receive the April 2025 (BU 01 and BU 21) Salary Increases. Agencies must submit the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2339-april-2025-3-salary-increases-arbitration-eligible-bu01-and-nonDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
… Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, … York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2024-25 were $11.1 billion (10.4%) higher than the … in 2024, the state’s tax collections outpaced forecasts for the year,” DiNapoli said. “However, policy decisions at …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25State Agencies Bulletin No. 2313.1
… Qualifying Service Eligibility to include time worked at Roswell Park; Added Qualifying Service Date Correction … instructions; Updated guidance on entering transactions for multiple pay periods in a single check date for Employees … Lump Sum Payment (Earnings Code LLS) based on years at job rate to a Longevity Service Payment (Earnings Code …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23131-longevity-service-payment-employees-eligible-bargaining-unitVillage of Leicester – Financial Management (2025M-7)
… fund balance? Audit Period June 1, 2021 – January 16, 2025 Understanding the Program A key measure of a village’s … fund is funded primarily with metered water sales. Audit Summary The Board did not effectively manage the Village’s …
https://www.osc.ny.gov/local-government/audits/village/2025/05/09/village-leicester-financial-management-2025m-7DeRuyter Central School District – Lead Testing and Reporting(S9-25-4)
… school and beyond. 1 To aid in combating lead poisoning, New York State (NYS) requires all public school districts and Boards of Cooperative Educational Services (BOCES) to test potable (i.e., consumable) water for lead, report the … our office within 90 days, pursuant to Section 35 of the New York State General Municipal Law, Section 2116-a (3)(c) …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/06/deruyter-central-school-district-lead-testing-and-reportings9-25-4Sullivan West Central School District – Lead Testing and Reporting(S9-25-1)
… 2019 – September 30, 2024 Understanding the Program Lead is a metal that was commonly used in plumbing and has since … detailed which water outlets were exempt from sampling and how they would be secured, and what remedial actions were … to an OSC Audit Report , which you received with the draft audit report. The CAP should be posted on the …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/06/sullivan-west-central-school-district-lead-testing-and-reportings9-25-1Moravia Central School District – Lead Testing and Reporting (S9-25-2)
… needed remediation to reduce lead exposure in potable water outlets? Audit Period July 1, 2019 – September 30, 2024 … Services (BOCES) to test potable (i.e., consumable) water for lead, report the results and implement necessary … needed remediation to reduce lead exposure in all potable water outlets as required by NYS Public Health Law and …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/20/moravia-central-school-district-lead-testing-and-reporting-s9-25-2