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IX.8.D Electronic Refund Payments to the U.S. HHS – IX. Federal Grants
… Adjustment Journal transactions crediting federal funds); Any other accounting adjustment that results in an increase … agency might consider an award closed, the award may not have been closed out by the awarding agency in the applicable … be paid to the federal government until the related funds have been posted in SFS. In the case of an audit …
https://www.osc.ny.gov/state-agencies/chapter-ix/ix8d-electronic-refund-payments-us-hhsXVI.3.D Basis of Accounting/Measurement Focus – XVI. Financial Reporting
… Statement 1 GASB Statement No. 63 – Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of … in GASB Statement 63, the basis of accounting refers to when revenues, expenditures, expenses, and transfers - and … the financial statements. The accounting basis determines when the economic consequences of transactions and events are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3d-basis-accountingmeasurement-focusXII.9.H Audit Recoveries – XII. Expenditures
… as a function of his constitutional and statutory duty to audit all vouchers before payment, to set-off against …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9h-audit-recoveriesBorrowing Against Your Contributions – State Police Plan
… your contributions: You must be in active service and have at least one year of member service credit. You must … through payroll deductions. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0DiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… events, potentially putting the public at risk, according to an audit of the Department of Environmental Conservation … is crucial so the public can avoid exposure. I urge DEC to redouble efforts to make sure all municipal sewer systems are complying with …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsState Agencies Bulletin No. 2239
… in Benefits>Suspense Page) Verify the ORP/VDC Retirement Election Date: Agencies must verify the employee’s … Adjusted Hire Date: OSC has developed an ORP/VDC Breaks Calculator and comprehensive ORP/VDC Breaks in Service Job … SUSPENSE Dates – Agency Code (xxxxx)”, to the Payroll Retirement Mailbox. OSC Actions: OSC will review the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2239-calculating-projected-366-day-completion-date-andor-projected-7-yearComptroller DiNapoli Releases School Audits
… million). BOCES officials did not provide auditors with any evidence to indicate that the established fees for the … School District – Student Fees (Nassau County) The board does not have a policy on cash receipts. While district officials …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-auditsDiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… to 30 th in Federal Fiscal Year (FFY) 2021, according to a report released by State Comptroller Thomas P. DiNapoli. For every dollar New York sent to the federal government in … a national average of $1.70. DiNapoli’s report found that for the second year in a row, all states had a positive …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… Comptroller Thomas P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that … they operate, put their profits, reputations and investors at risk. “The members of Congress attempting to undo the … millions of hardworking Americans. My thanks to President Biden for his assurance that he will do the right thing and …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionXI.11.C Banking Services Contracts – XI. Procurement and Contract Management
… of agency bank accounts. This statute also requires all such deposits be secured by either a surety bond or by … should consider the actual or anticipated costs for all banking services provided by a single banking institution …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11c-banking-services-contractsState Agencies Bulletin No. 1975
… Purpose The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the … the following Budget bulletin the minimum hourly wage is to increase as noted: Division of the Budget (DOB) Bulletin … increased for seasonal and other non-statutory positions to: $15.00 for State employees whose job location is within …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1975-december-2021-increase-minimum-wageDiNapoli: Wall St. Profits on Pace to Beat 2016
… Securities industry profits totaled $12.3 billion in the first half of 2017, one-third higher than the $9.3 billion earned in the same period last year, putting Wall St. on pace for a … and put everyday Americans and the broader economy in harm's way." Industry performance is traditionally …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016DiNapoli Urges NYC to Shore Up Rainy-Day Fund
… Thomas P. 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 … the use of these funds, called on the city to define how these resources are accumulated and used. “Setting aside …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli Finds State Needs to Do More to Address Nursing Home Pandemic Issues
… Our follow-up review shows limited progress in fixing all that went wrong. Much more work must be done to address … significant number of discrepancies, which means that not all publicly reported data is reliable. The reliability of …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-finds-state-needs-do-more-address-nursing-home-pandemic-issuesDiNapoli: NYC Immigrant Workforce Below 2015 Peak
… data analyzed from the Bureau of Labor Statistics. Still, in 2023, New York City’s 1.8 million foreign-born workers … workers to keep businesses going, but we’ve seen a decline in this workforce when compared to the city’s peak in 2015. There are still many barriers for individuals who …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-nyc-immigrant-workforce-below-2015-peakDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… today announced that six villages were designated in fiscal stress under the Fiscal Stress Monitoring System (FSMS). … not file in time to be scored in 2022 and had a score in 2021 that was just under the threshold to receive a stress …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesState Comptroller DiNapoli Releases Municipal & School Audits
… objectivity and independence. The school board should have audited these claims. The treasurer paid 18 claims for … office, and adjust its proposed budget, consistent with any recommendations made. Auditors found that the significant …
https://www.osc.ny.gov/press/releases/2023/11/state-comptroller-dinapoli-releases-municipal-school-auditsState Agencies Bulletin No. 2228
… Checks: https://www.osc.state.ny.us/files/state-agencies/payroll/pdf/ac934p-fillable.pdf When a valid payroll check is undeliverable due to the agency’s inability … the agency should follow the Agency Actions identified in Payroll Bulletin No. 1786 – Non-Negotiated and/or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2228-fiscal-year-2023-2024-increase-seasonal-location-pay-and-seasonalOpinion 90-24
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that … 12 Opns St Comp, 1956, p 68 is hereby superseded. You have asked whether 12 Opns St Comp, 1956, p 68 still … 58.00, 59.00, 60.00, 62.00 and 63.00 of this chapter, and any other powers or duties pertaining or incidental to the …
https://www.osc.ny.gov/legal-opinions/opinion-90-24DiNapoli Announces State Contract & Payment Actions For March 2014
… monthly notice to provide current information about the number and types of contracts and payments entered into by …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-announces-state-contract-payment-actions-march-2014