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DiNapoli: Wall Street's 2024 First Half Profits of $23.2B Were 79.3% Higher Than Last Year
… of the nation’s industry employees in 1990, but in 2024 it only accounts for 17.4%. Although industry employment in New …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-wall-streets-2024-first-half-profits-232b-were-793-higher-last-yearState Agencies Bulletin No. 871
… Purpose To explain the extension of Military and Training Leave Benefits and Stipends and OSC’s process for the Military Stipend recalculation … To explain the extension of Military and Training Leave Benefits and Stipends and OSCs process for the Military Stipend …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/871-extension-military-and-training-leave-benefits-and-stipendsOpinion 90-22
… (of consumer deposits for municipal water utility) PUBLIC SERVICE LAW, §§89- 1 , 117; GENERAL MUNICIPAL LAW, §11: A … Law, §117 provides, with certain exceptions, that a gas, electric, gas and electric, water, steam, telegraph, or telephone corporation, …
https://www.osc.ny.gov/legal-opinions/opinion-90-22Medicaid – Federal Funding and New York
… has had difficulty claiming this revenue and has only collected $60 million in FY 2023 and $67 million in …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/medicaid-nycOpinion 95-12
… invest funds with a State or federally chartered savings bank) MUNICIPAL FUNDS -- Deposits and Investments (authority … or invest with a State or federally chartered savings bank) GENERAL MUNICIPAL LAW, §§10, 11; BANKING LAW, §2: The term "bank" as used in General Municipal Law, §§10 and 11 does not …
https://www.osc.ny.gov/legal-opinions/opinion-95-12State Comptroller DiNapoli Releases School District Audits
… limit by approximately $600,000, or 5.4 percentage points. When the projected unused appropriated fund balance … of Personal, Private and Sensitive Information on Mobile Computing Devices (Cayuga County) District officials did not adequately safeguard mobile computing devices (MCDs) to help prevent unauthorized …
https://www.osc.ny.gov/press/releases/2022/09/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli Calls for State Procurement Reform
… and allegations of corruption in the awarding of contracts for state economic development projects. “The alleged … procurement practices. This created an environment ripe for self-dealing and abuse. New York state must take credible … state law, the State Comptroller’s office is responsible for reviewing and approving state agency contracts above …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-calls-state-procurement-reformDiNapoli Announces New $7 Million Investment in Northern Ireland
… in the cream of our entrepreneurial talent will not only underpin the new Belfast we are creating but serve as a …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandState Agencies Bulletin No. 2368
… as determined by the New York State Department of Labor (DOL), are affected. Background: The State Comptroller is … sufficient notice and an opportunity to be heard. The DOL makes determinations as to whether a NYS employee has … insurance benefits from an employee’s wages, the DOL will notify the employee and provide them with an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2368-instructions-use-deduction-code-433-unemployment-insurance-owed-and-newOpinion 94-14
… for whose benefit the IDA was created. This prohibition does not apply, however, to projects for which an agency has … amendment generally became effective October 19, 1993. It does not apply, however, to "projects for which an agency, …
https://www.osc.ny.gov/legal-opinions/opinion-94-14Opinion 2006-3
… [Inf Opns] 11, supra ). 3 The inquiry refers to the town “highway fund” as a potential repository of the franchise fees. Highway Law §141 provides that the town highway superintendent’s annual budget estimate of …
https://www.osc.ny.gov/legal-opinions/opinion-2006-3DiNapoli: Percentage of New Yorkers With Mental Illness Rose as Available Psychiatric Beds Declined
… to reopen them by April 1, 2023. As of April 17, 2023, only 222 out of 843 off-line beds had returned to operational …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-percentage-new-yorkers-mental-illness-rose-available-psychiatric-beds-declinedNew York’s Economy and Finances in the COVID-19 Era
… comparatively low wages, lost 93,000 jobs, one in every 10 of its previous total. By contrast, finance and insurance … in the second quarter of 2020 on a seasonally adjusted, annualized basis, according to BEA data. The portion of … is anticipated to be repaid before the end of the fiscal year, and more than $1.9 billion in delayed payments to local …
https://www.osc.ny.gov/reports/covid-19-september-30-2020Cost-Saving Ideas: Managing Your Travel and Conference Expenses
… attend conferences and training classes, generally you may only reimburse them for authorized expenses that they …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-managing-your-travel-and-conference-expensesDiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… tax collections are likely to fall short of the city’s forecast by $250 million annually beginning in FY 2019, but …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedUnified Court System Bulletin No. UCS-227
… Bonus Background The following Chapter Laws provide for payment of longevity bonuses for eligible employees in the … effective date and check date: Pay Cycle/Pay Period Type Payment Effective Date Check Date Administration 1 Lag … by Department ID, then by employee name in alphabetical order. NPAY770 – One Time Payment Report This report …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-227-april-2016-state-new-york-unified-court-system-ucs-longevityUnified Court System Bulletin No. UCS-138
… new bargaining unit agreements. Agencies should refer to Payroll Bulletin UCS-108 for eligibility information. OSC … must submit an exception list to OSC Audit by close of Payroll Period 12L. Automatic Retroactive Processing OSC will … Tax and Finance, Division of Treasury, per instructions in Payroll Bulletin No. 456 . Checks issued to eligible …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-138-retroactive-adjustment-senior-officer-series-sos-differentialDiNapoli Releases Report on Nonprofit Industry
… nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased … 2017-2022, they declined in New York and the number of jobs also fell by 4.1%. “Nonprofits play an important role in …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-releases-report-nonprofit-industryHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program (Follow-Up)
… Program HCR is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing … for tenants entering into new lease agreements. SDA was a temporary initiative started as a result of the COVID-19 … achieved. HCR contracts with Local Administrators (LAs) to manage the HCV program at the local level. This …
https://www.osc.ny.gov/state-agencies/audits/2024/12/04/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingOpinion 88-59
… AND EMPLOYEES -- Compensation (authority to pay village justice the salary of acting village justice); (retroactive payment); (salary increase for village justice) VILLAGE JUSTICE -- Acting Justice (appointment … Whether the village justice may be paid the salary budgeted for the acting …
https://www.osc.ny.gov/legal-opinions/opinion-88-59