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DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… Administrators, the median assumed rate of return for public pension funds is 7.75 percent. The audited value of …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnCity of Yonkers – Budget Review (B6-16-11)
… and debt service funding of $570.3 million for the Yonkers Public Schools and $546.1 million for the City. The 2016-17 …
https://www.osc.ny.gov/local-government/audits/city/2016/06/22/city-yonkers-budget-review-b6-16-11State Agencies Bulletin No. 1383
… contained in the 2011-2016 Agreements between the State of New York and the Civil Service Employees Association (CSEA) and … and BU05 in the Department of Transportation (Department ID 17xxx) or the Office of Parks, Recreation and Historic …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1383-2015-special-assignment-duty-pay-calendar-year-2014State Agencies Bulletin No. 1306
… Assignment to Duty Pay. Affected Employees Employees of the Department of Transportation or the Office of Parks, … ID 49xxx) who routinely work on Interstate Routes within NYS, on NYS highway routes or on NYS parkway systems at least …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1306-2014-special-assignment-duty-pay-calendar-year-2013State Agencies Bulletin No. 1233
… Assignment to Duty Pay. Affected Employees Employees of the Department of Transportation or the Office of Parks, … ID 49xxx) who routinely work on Interstate Routes within NYS, on NYS highway routes or on NYS parkway systems at least …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1233-2013-special-assignment-duty-pay-calendar-year-2012Contract With Shorefront Mental Health Board – Compliance With Prevailing Wage Law
… wage laws under its janitorial contract with the New York State Office of Mental Health (OMH). The audit covered the … to contractors employing OMH consumers. Under the New York State Labor Law, contractors must pay prevailing wages for … the work is performed to certain employees performing work on a public works contract. Janitorial workers are included …
https://www.osc.ny.gov/state-agencies/audits/2014/10/28/contract-shorefront-mental-health-board-compliance-prevailing-wage-lawDiNapoli: Number of New Yorkers Behind on Utility Bills Soared During Pandemic
… by the COVID-19 pandemic caused a significant increase in the number of residential customers owing money to their utility companies, with one in eight customers in arrears as of March 2022, … owed $1.8 billion with customers from New York City and Long Island comprising 60% of those in arrears and 68% of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-number-new-yorkers-behind-utility-bills-soared-during-pandemicDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… 31, 2014. “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli … The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli Statement on the MTA's July Financial Plan
… Transportation Authority’s July Financial Plan . “The MTA’s revised ridership projections underscore that it must somehow bridge a looming fiscal canyon of more than $2 billion annually and … a step forward on congestion pricing naming its traffic mobility review board, a critical step towards funding its …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-statement-mtas-july-financial-planTown of Rossie – Records and Reports and Cash Disbursements (2013M-168)
… our audit was to evaluate the Town’s financial operations for the period January 1, 2011, through December 31, 2012. … 2012 budgeted operating expenditures totaled $200,296 for the general fund and $288,160 for the highway fund. Key Findings The Supervisor did not …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-rossie-records-and-reports-and-cash-disbursements-2013m-168XVI.3.I Budgetary Presentation – XVI. Financial Reporting
… General Fund and the major Special Revenue Funds and Notes to Required Supplementary Information - Budgetary Basis … the other hand, represent spending authorization but they do not necessarily reflect what the State intends to disburse …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3i-budgetary-presentationDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… of the state fiscal year is good news and gives reason for optimism about the economic recovery. The state is … higher than the same period last year. State Operating Funds spending through May totaled $17.1 billion, which was … and general state charges. Spending from State Operating Funds was $1.1 billion lower than projected. As of May 31, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsNYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees
… New York State Comptroller Thomas P. DiNapoli today warned retirees … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … 110 State St., Albany, NY 12236. About the New York State Common Retirement Fund The New York State Common Retirement …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-beware-text-message-scam-targeting-retireesNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the … continue to seek prudent investments and manage the state pension fund to be able to withstand additional economic … fiscal year end March 31, 2021 was $258.1 billion and the annual return was 33.55%. As of June 30, 2021, the Fund had …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsVillage of Altmar – Apparent Misappropriation of Funds (2013M-331)
… assets. During its existence, the Village was governed by a three-member governing board consisting of a Mayor and … misappropriated approximately $115,891 of Village funds, made questionable purchases totaling $1,405 and received … of $117,615 in Village transactions that were initiated by the Clerk-Treasurer. The Clerk-Treasurer was responsible …
https://www.osc.ny.gov/local-government/audits/village/2014/03/19/village-altmar-apparent-misappropriation-funds-2013m-331Village of Montgomery – Purchasing and Information Technology (2013M-210)
… the Mayor and four Trustees. The Village’s total general fund appropriations for the 2011-13 fiscal year were …
https://www.osc.ny.gov/local-government/audits/village/2013/10/25/village-montgomery-purchasing-and-information-technology-2013m-210DiNapoli: April Local Sales Tax Collections Up Nearly 46 Percent From 2020
… except Oswego County, saw their year-over-year collections for April grow by a wide margin, ranging from 28.2 percent in … against what had been reported by sales tax vendors for the reporting quarter, and adjusts payments to local … 2021. Table Monthly Local Sales Tax Collections by Region (for detailed monthly breakdown) Find out how your government …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-april-local-sales-tax-collections-nearly-46-percent-2020State Comptroller DiNapoli Releases Municipal Audits
… procurement policy. Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-1Wyoming County Industrial Development Agency – Project Management (2015M-62)
… The purpose of our audit was to review the IDA’s process for evaluating, approving and monitoring projects for the period January 1, 2013 through February 17, 2015. … who are appointed by the County Board of Supervisors. For our audit period, the IDA reported 32 active projects …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/09/11/wyoming-county-industrial-development-agency-projectDiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… August. DiNapoli noted state tax receipts of $4.3 billion in August were $309.3 million above the latest projections by the state Division of Budget (DOB), but $219.1 million … state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020