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City of Long Beach – Budget Review (B21-7-6)
Determine whether the significant revenue and expenditure projections in the Citys proposed budget for the 202122 fiscal year are reasonable and whether the City took appropriate action to implement or resolve recommendations from our budget review issued in May 2020
https://www.osc.ny.gov/local-government/audits/city/2021/05/12/city-long-beach-budget-review-b21-7-6Earnings Limits
… FAE calculation. Earnings Period Earnings Limit April 1, 2026 – March 31, 2027 $360,000 April 1, 2025 – March 31, 2026 $350,000 April 1, 2024 – March 31, 2025 $345,000 April … Earnings Period Earnings Limit April 1, 2025 – March 31, 2026 $250,000 April 1, 2024 – March 31, 2025 $250,000 April …
https://www.osc.ny.gov/retirement/members/earnings-limitsCity of Yonkers – Budget Review (B24-6-7)
… realized. The City plans to borrow up to $15 million for tax certiorari settlements in the 2024-25 fiscal year. Tax certiorari is the legal process by which a property owner can challenge the real property tax assessment on a given property to reduce its assessment. …
https://www.osc.ny.gov/local-government/audits/city/2024/07/12/city-yonkers-budget-review-b24-6-7DiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… by 15.7% and 16.7%, respectively, while June increased 6.5%, marking the first time since March 2021 that the … along with a possible return to more typical growth rates after the dips and rebounds caused by the COVID … counties and cities in the rest of the state slowed to 2.6% over the same period last year, going from $2.7 billion to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022NY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced … Responsible Workforce Management Policy and Principles The New York State Common Retirement Fund is one of the largest … New York State Comptroller Thomas P DiNapoli trustee of the …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli Announces Sale of $634 Million State of New York General Obligation Bonds
… DiNapoli said. “Once again, there was significant investor interest in the state’s bonds. The combination of strong market interest and a low interest rate environment translated into favorable …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-634-million-state-new-york-general-obligation-bondsDiNapoli: State’s Paid Family Leave Program Helping Millions of New Yorkers
… military service. The program began providing benefits on Jan. 1, 2018; maximum weeks of leave and percentages of … weekly benefit payments were phased in over four years by Jan. 1, 2021. Analysis Economic and Policy Insights – New …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-states-paid-family-leave-program-helping-millions-new-yorkersDiNapoli: Many NYC Senior Citizens Remaining Too Long on DFTA Wait Lists for Services
… Too many seniors are waiting months on the New York City Department for the Aging’s (DFTA) client wait lists to get critical … to strengthen its oversight of service providers to ensure seniors are getting the support they depend on in a timely … Too many seniors are waiting months on the New York City Department …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-many-nyc-senior-citizens-remaining-too-long-dfta-wait-lists-servicesNYSLRS Announces Employer Contribution Rates for 2024-25
… DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for … rates will increase from 13.1% to 15.2% of payroll for the Employees’ Retirement System (ERS) and from 27.8% to 31.2% of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is made …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25Cost-Saving Ideas: Legal Requirements
… 10 requires the designation of one or more "banks" or "trust companies" for deposit of public funds and for the … agreement. Banking Law Section 107-a requires a bank or trust company to provide a pledge of assets or other … 96-d allows a local government, in conjunction with a "bank, trust company or national bank," to submit an …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsSUNY Bulletin No. SU-264
… Information The 2017 one-time $600 Lump Sum Payment is pensionable but is not included in the calculation of overtime. Tax Information The 2017 one-time UUP Lump Sum Payment is supplemental taxable income, will be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-264-2017-united-university-professions-uup-600-lump-sumSUNY Bulletin No. SU-213
… University Professions, provides for a one-time lump sum bonus payment distributed at the discretion of the campus … End Date) are eligible to receive the one-time lump sum bonus payment. Bargaining Unit = 08 Salary Grade = 980 Pay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-213-2014-discretionary-award-psnu-employees-represented-unitedTidal Basin Government Consulting, LLC
… Purpose The objective of our examination was to determine whether payments the Division of Homeland Security and Emergency Services (Division) made … LLC (Tidal Basin) were appropriate pursuant to the terms of the contract. During the examination period of July 1, …
https://www.osc.ny.gov/state-agencies/audits/2026/02/12/tidal-basin-government-consulting-llcDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… potential to enhance the Fund’s return. The partnership is the first of its kind for the Fund. “This innovative … basis,” DiNapoli said. “Identifying new opportunities is key to the continued growth of the Fund’s long-term value. This partnership is designed to help strengthen the Fund as it provides …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … office completed audits of Town of Colchester , Town of Greene , Town of Kortright , City of Poughkeepsie and … total fund balance to increase by 50 percent. Town of Greene – Budget Practices (Chenango County) The board did not …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… transparency and accountability for our local communities is a top priority,” said DiNapoli. “By auditing municipal … to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Altona … continue to decline during 2016 because the adopted budget is again not structurally balanced. The city will likely …
https://www.osc.ny.gov/press/releases/2016/10/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Bayport … purchases totaling $60,240 during the audit period and found that 32 purchases totaling $4,846, or 13 percent, … As a result, based on the records available, auditors found a cash shortage of at least $6,073 had occurred in the …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Statement on Reports Trump Administration Will Withdraw From Paris Agreement
… still reigns. The transition to a lower carbon future is underway; it is inevitable; and it is the direction the rest of the world is headed. If news …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-statement-reports-trump-administration-will-withdraw-paris-agreementState Comptroller DiNapoli Releases Municipal Audits
… Town of Groton – Highway Department Asset Accountability (Tompkins County) Town officials did not adequately safeguard … receipts for all transactions and did not prepare monthly bank reconciliations and verify the accuracy of the financial records. As a result, the clerk’s bank account balance was $6,251 more than it should have been …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… were issued. Delaware-Chenango-Madison-Otsego (DCMO) Board of Cooperative Educational Services – Procurement (2021M-193) … to support efforts were made to obtain the best price. None of the 10 professional service providers reviewed … Rail Yards Acquisition (2021M-38) COIDA did not adequately plan for the 2017 acquisition of the rail yards. The property …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-municipal-audits