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State Agencies Bulletin No. 421
… to LOC OSC has added edit minimums and maximums to the system for Additional Pay earnings to aid in data entry and … Pay other Amount) to these same employees with the employee's assigned location pay amount. The earnings will … Administration. NOTE: After this change is made, if the employee is Terminated, Retired, or put on a Leave with No …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/421-new-earnings-code-location-payTown of Portland – Water Operations (2017M-45)
… Purpose of Audit The purpose of our audit was to review the Town’s water operations for … Background The Town of Portland is located in Chautauqua County and has a population of approximately 4,800. The Town …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-portland-water-operations-2017m-45Carmel Central School District - Extra-Classroom Activities (2018M-45)
… (ECA) clubs and the central treasurers properly accounted for ECA collections and disbursements. Key Findings Five clubs did not maintain supporting documentation for collections totaling $236,912 and two clubs did not maintain any records for collections totaling $89,165. For two collections …
https://www.osc.ny.gov/local-government/audits/school-district/2018/06/08/carmel-central-school-district-extra-classroom-activities-2018m-45Accounts Payable Advisory No. 13
… process provides important controls including: Prevention of duplicate payments and overpayments; Validation that goods …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/13-voucher-matching-process-required-sfsMedicaid Program – Managed Care Premium Payments for Recipients With Comprehensive Third-Party Insurance
… program. For the State fiscal year ended March 31, 2017, New York’s Medicaid program had approximately 7.4 million … care plans – about 2.5 million were enrolled through New York State of Health (NYSOH), New York’s online health insurance marketplace, and the …
https://www.osc.ny.gov/state-agencies/audits/2018/06/13/medicaid-program-managed-care-premium-payments-recipients-comprehensive-third-partyVillage of Skaneateles – Claims Auditing (2024M-68)
… appropriate and properly audited and approved prior to payment. Key Findings While the claims we reviewed were … audited, paid without approval, or not properly supported to meet the competitive procurement requirements, it increases the risk that improper or inaccurate payments …
https://www.osc.ny.gov/local-government/audits/village/2024/09/06/village-skaneateles-claims-auditing-2024m-68Controls and Accountability of Court, Trust and Bail Funds (Follow-up)
… Purpose To determine the extent of implementation of the eight … of Finance’s (Finance) Court Assets Department could not accurately account for Court, Trust and Bail funds. We … the Court and Trust accounts Key Finding Finance officials have made progress in correcting each of the problems we …
https://www.osc.ny.gov/state-agencies/audits/2015/12/03/controls-and-accountability-court-trust-and-bail-funds-followVacating Orders – Divorce and Your Benefits
… If the ex-spouse waives their interest in a member’s pension benefit after a DRO has been filed with NYSLRS, the parties must return to court to obtain a Vacating Order. … court may have additional requirements for the contents of a Vacating Order. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/vacating-ordersDiNapoli: Fiscal Stress Down Slightly in Villages
… State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has identified 18 villages in … stress,” and 11 as “susceptible to fiscal stress.” Last year, a total of 22 villages were listed in fiscal stress. … districts . In April, scores for the 17 cities with non-calendar fiscal years will be released. In September, his …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesState Agencies Bulletin No. 2052
… after completion of each vesting period. Since the NYS Payroll System (PayServ) will not process a transaction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2052-health-care-and-mental-hygiene-worker-bonuses-state-employeesThe Foreclosure Predicament Persists
While trends in both new foreclosure filings and the total number of pending foreclosure cases indicate that the problem is far from resolved, there are small s
SEC Municipal Advisor Rule Letter
The following information is being provided by the Office of the State Comptroller (“OSC”) so that market participants may provide advice on the issuance of mun
https://www.osc.ny.gov/files/debt/pdf/municipal-advisor-rule-letter.pdfFuel Purchases (2014-S-20)
We audited whether the Authority is purchasing the correct type of fuel, paying the proper amount for the fuel purchased, receiving the correct amount of fuel,
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14s20.pdfMiddleburgh Central School District – Financial Condition (2013M-206)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial condition for the period July 1, 2011, to June 30, 2013. Background The Middleburgh Central School … the last several years have made the District susceptible to fiscal stress. Even though District officials had …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/22/middleburgh-central-school-district-financial-condition-2013m-206Vested Retirement Benefit – Special 20- and 25-Year Plans
… on your service and your earnings as an active member. The date you are eligible to collect a vested retirement benefit depends on your tier. Tiers 2 and 3 — the first of the month following your 55th birthday. Tier 5 — your 55th …
https://www.osc.ny.gov/retirement/publications/1517/vested-retirement-benefitVested Retirement Benefit – State Police Plan
… payable for life, and you may elect one of several pension payment options to provide for a continuing payment to a beneficiary of your choosing after you die. …
https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefitTier 6 Defined Contribution Plan Option
… plan must file an election during their first 30 days of employment. You must continue to inform your new employees of their right to join the Retirement … Plans page of SUNY’s website . From there, click on NYS Voluntary Defined Contribution Plan. Then, click For …
https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-optionState Comptroller DiNapoli's Statement on the Second Anniversary of the January 6 Attack
… Thomas P. DiNapoli released the following statement today on the second anniversary of the January 6, 2021 attack on the U.S. Capitol: “We must never minimize or become … Let us remember those who put their lives on the line that day defending our Capitol and work to ensure our …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapolis-statement-second-anniversary-january-6-attackOpinion 2002-5
… rights for open space preservation) MUNICIPAL FUNDS-- Capital Reserve Fund (authority to establish for acquisition … monies held in) -- Deposits and Investments (of monies in capital reserve fund) REAL PROPERTY -- Purchases (of … to be funded by real property tax and to be paid into a capital reserve fund for the purpose of accumulating monies …
https://www.osc.ny.gov/legal-opinions/opinion-2002-5City of Yonkers - Budget Review (B21-6-7)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … fiscal year are reasonable. Background The City of Yonkers is authorized to issue debt not to exceed $45 million to … Review the estimate for charter school payments and amend it as necessary. … The purpose of our budget review was to …
https://www.osc.ny.gov/local-government/audits/city/2021/05/17/city-yonkers-budget-review-b21-6-7