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Examination of Procurement Card Payments
… of Procurement Cards (PCards) when purchasing $1.6 million in goods and services from 12 vendors during the period … to State Finance Law §112, agency contracts over $50,000 in amount must be approved by the Office of the State … agencies to competitively procure goods and services in amounts above $50,000, or $200,000 under certain …
https://www.osc.ny.gov/state-agencies/audits/2018/03/09/examination-procurement-card-paymentsDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local … according to a comprehensive report on local sales tax released today by State Comptroller DiNapoli. Every … Enacted Budget that requires online marketplaces, such as eBay and Etsy, to collect and remit sales tax to New York on …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsDiNapoli Audit: State Oversight of Animal Shelters Found to Be Adequate, But Better Safeguards Needed Before Dogs Are Euthanized
… The state Department of Agriculture and Markets is generally doing well to ensure animal shelters across New York are providing safe conditions and proper care for … showing that there was no hope for recovery of injured or sick dogs and euthanasia was appropriate. The audit also …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-audit-state-oversight-animal-shelters-found-be-adequate-better-safeguards-needed-dogs-areTown of East Hampton - Budget Review (B21-7-11)
… in the Town’s tentative budget for the 2022 fiscal year are reasonable. Background The Town of East Hampton, located … to appropriate up to 10 percent of the total budget, or as much as $7,219,371 for the 2022 tentative budget. The Town’s … years, we recommend that the Town carefully consider how much it sets aside as a cushion against unforeseen events …
https://www.osc.ny.gov/local-government/audits/town/2021/11/08/town-east-hampton-budget-review-b21-7-11DiNapoli Releases Lower Manhattan Economic Snapshot
… to an economic snapshot released today by New York State Comptroller Thomas P. DiNapoli. The neighborhood’s … space that will be completed by 2019, according to the Downtown Alliance. The report is part of a series by DiNapoli … of thousands of public and private sector employees, and college students. In the past two years, Pace University has …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-lower-manhattan-economic-snapshotLife Changes: What If I Work After Retirement?
… limit suspension does not apply to retirees who work for a college, university or charter school. For most other … can earn before your retirement benefits may be affected. If you still have questions or concerns, please contact us . … Personnel Services; or The New York State Office of Court Administration. A waiver covers a fixed period of time, …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementCOVID-19 Relief Program Tracker
… month’s data for all programs. Data through June 30, 2025 Elementary and Secondary School Emergency Relief … Supplemental Appropriations (CRRSA) Act $9.0 billion, American Rescue Plan Description This funding administered by … State Development (ESD) for the State Small Business Credit Initiative (SSBCI) program to increase access to …
https://www.osc.ny.gov/reports/covid-relief-program-trackerDiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March … real estate and real assets (13.39%) and credit, absolute return strategies and opportunistic alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDo Not Call Enforcement Efforts (Follow-Up) (2019-F-48)
To determine the extent of implementation of the three recommendations included in our initial audit report, Do Not Call Enforcement Efforts (Report 2017-S-55).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19f48.pdfLaw Pertaining to SUNY Police Officers
… been filed with NYSLRS on or before December 31, 2015. If I switch from the Employees’ Retirement System (ERS) to the Police and Fire Retirement System (PFRS), what Tier will I be in PFRS? I have a prior PFRS Tier 2 … officer, am I better off staying in the ERS plan? How is other PFRS service (e.g., service with a municipal police …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officersDiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
… Series 2019B Refunding Bonds. This General Obligation bond issue was sold to refinance certain outstanding bonds … and the State Division of the Budget, this State GO bond issue was successfully completed.” Through a competitive … state.ny.us/sites/default/files/press/documents/pdf/2019-11/bond-sale-summary-series-2019b.pdf . The Series 2019B Taxable …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsState Agencies Bulletin No. 1129
… formats begins March 23, 2012. About the Payroll Earnings Charge Interface with SFS PayServ will continue to use CAS … valid Cost Center information by PayServ when submitted charge transactions to SFS. The exchange of information … each payroll cycle, PayServ will create a Payroll Earnings Charge file for submission to SFS. The file contains an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1129-updates-cost-centers-statewide-financial-system-sfs-and-payserv-accountState Agencies Bulletin No. 2143
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the 2023 … (CSEA), employees required by the State to provide a personal tool inventory for use in the performance of their … Financial System using a voucher, the monies are not considered taxable income and are not subject to employment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2143-2023-csea-tool-allowance-paymentState Agencies Bulletin No. 2244
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the 2024 … (CSEA), employees required by the State to provide a personal tool inventory for use in the performance of their … Financial System using a voucher, the monies are not considered taxable income and are not subject to employment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2244-2024-csea-tool-allowance-paymentCompliance With the Sewage Pollution Right to Know Act and Monitoring and Enforcement of State Pollutant Discharge Elimination System Permit Requirements (Follow-Up)
… State waters and, in turn, pose health risks to those who use them. Two key pieces of legislation specifically related … which may result from heavy rainfall, snow melt, or “dry weather” events, such as blocked or broken sewer lines … overflow events to the public is therefore crucial so they can avoid exposure. Generally, the Act requires publicly …
https://www.osc.ny.gov/state-agencies/audits/2022/05/26/compliance-sewage-pollution-right-know-act-and-monitoring-and-enforcement-state-pollutantVIII.1.D Hybrid Journal Entries – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… are submitted in the General Ledger module. As a general rule hybrid journal entries should not go between …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii1d-hybrid-journal-entriesState Agencies Bulletin No. 922
… county of residence in PayServ. OSC is using the postal code to confirm the county of residence. This … and Rate Lookup website found at http://www.tax.state.ny.us/nyshome/online.htm may help determine if the address lies within New York City. The United States Postal Service website found at …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/922-new-york-city-postal-codecounty-initiative-and-employee-tax-data-pageFund's Mission, Values and Investment Philosophy
… To be a high-performing organization with exceptional people and the highest standards for ethics and investment … perspectives. Expertise We attract, develop, and retain people with the skills and capabilities required for the … attracting, developing, and retaining dedicated, excellent people. We believe in empowering individuals and holding them …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyOpinion 2008-6
… by dividing the next subordinate officer's annual salary by an "hourly rate divisor." 1 The collective … amendments to section 207-m, which became effective on August 2, 1999, expanded the scope of the statute to cover … officer compensation package" (Budget Report on S.6105, Bill Jacket, L 1999, ch 443; Introducer's Memorandum in …
https://www.osc.ny.gov/legal-opinions/opinion-2008-6Investors Renew Call on Exxon to Address Climate Risk
… for improved climate risk disclosures. Moody's Global Rating now includes scenarios for lower global carbon …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-risk