Search
Cash Basis Report - September 2021
Cash Basis Report - September 2021
https://www.osc.ny.gov/files/reports/finance/cash-basis/excel/cash-basis-september-2021.xlsxState Comptroller DiNapoli Releases Municipal Audits
… record receipts in the financial accounting software, or provide the board with detailed monthly budget-to-actual … Office were not filed. The board did not annually audit or provide for an audit of the supervisor’s records and … were adequately supported, for legitimate purposes or approved before payment. Credit card statements were …
https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-0New York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… June 3, 2021 Edition Pre-Pandemic Improvements in Employment Rates … slowly but steadily declined to 8.2 percent as of April 2021, the most recent date for which data are available. … that for the one-year period between April 2020 and March 2021, unemployment rates for people with disabilities …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021State Agencies Bulletin No. 1887
… The purpose of this bulletin is to inform agencies of the 2021 rate for the New York State Paid Family Leave Program. … Department of Financial Services has announced that the 2021 premium rate and the maximum weekly employee … be $385.34 per year. Effective Dates: Effective for all 2021 paychecks, as of Administration check of January 6, 2021 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1887-2021-paid-family-leave-rate-increaseState Agencies Bulletin No. 1882
… The purpose of this bulletin is to notify agencies of the 2021 maximum salary limit for members of ORP and VDC in Tier … and 408 (k) (6) (D) (ii) will increase to $290,000 for the 2021 plan year, which is the calendar year for ORP and VDC … Effective as of Administration checks dated January 6, 2021 and Institution checks dated January 14, 2021. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1882-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 1984
… bulletin is to inform agencies of the content information for the 2021 Form W-2. Affected Employees All employees who receive a Form W-2 Wage and Tax … agency in the same company during the year, for example, State of New York (NYS) or City University of New York …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1984-form-w-2-wage-and-tax-statement-calendar-year-2021State Agencies Bulletin No. 1880
… regular annual contribution amount will not increase for 2021 and will remain at $19,500. An additional deferment is … for a combined total contribution limit of $26,000 in 2021. An additional deferment is also available to CUNY (NYT … amount for a combined contribution limit of $29,000 in 2021. o SUNY participants with deduction codes 404 and 412, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1880-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaNYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… estimates that 1 in 9 jobs in the city are either directly or indirectly associated with the securities industry. As a … located outside of New York City, whether in domestic or international locations, are not included. The … cashed in. The estimate does not include stock options or other forms of deferred compensation for which taxes have …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-recordState Comptroller Releases Municipal Audits
… on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed: Adequacy of 2021 Budgets – Town of Riverhead (Suffolk County) Town of … estimates for significant revenues and expenditures in the 2021 adopted budget. Adequacy of 2021 Budgets – City of Rome …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-releases-municipal-auditsDistressed Provider Assistance Account
… the withholding amounts will be deferred until January 15, 2021. County sales tax distributions will be affected in February 2021. By January 1, 2021, OSC must determine how much in sales tax collections …
https://www.osc.ny.gov/local-government/data/distressed-provider-assistance-accountPayroll Improvement Project Bulletin No. PIP-007
… steps needed to enact these changes, including processing Form AC3346 (Direct Deposit Conversion Election), using … deposit conversion. Affected Employees Employees with two or more jobs, paid via direct deposit in at least one job, … jobs, all payroll deposits will be made according to the single Direct Deposit record for all jobs. Employees who hold …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-007-direct-deposit-record-changes-requiring-modificationsDiNapoli Releases Industry Sector Dashboards to Track NYC Economic Recovery
… number of diners for the restaurant subsector, and vacancy rates for the office sector. Key information and trends … peak of 164,000 in October 2018. Office : Vacancy rates remain at historic highs due to a shift in demand for …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-releases-industry-sector-dashboards-track-nyc-economic-recoveryState Comptroller DiNapoli Releases Municipal Audits
… on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed: Adequacy of 2021 Budgets – Town of Big Flats (Chemung County) Town of Big … estimates for significant revenues and expenditures in the 2021 adopted budget. Adequacy of 2021 Budgets – Village of …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-municipal-auditsState Agencies Bulletin No. 1885
… Employee Retirement System (ERS) members for calendar year 2021 is $17,301.00. Affected Employees Employees who are Tier … beginning Administration paychecks dated January 6, 2021 and Institution paychecks dated January 14, 2021. OSC Actions OSC will update PayServ to reflect the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1885-tier-6-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState Agencies Bulletin No. 1884
… Retirement System (TRS) members for calendar year 2021 is $20,763.51. Affected Employees Employees who are Tier … beginning Administration paychecks dated January 6, 2021 and Institution paychecks dated January 14, 2021. OSC Actions OSC will update PayServ to reflect the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1884-tier-5-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState Agencies Bulletin No. 1891
… Federal, State, and/or Local tax withholding in tax year 2021. Affected Employees Employees who claimed exempt from … who submit withholding certificates claiming exempt in 2021 are affected. Background According to IRS Publication … for tax year 2020 and intend to claim exemption in 2021 must file a new Form W-4 by February 16, 2021 to claim …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1891-claiming-exempt-federal-state-andor-local-tax-withholding-tax-year-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… 2021 Edition Economy Four Out of Five Small Businesses in NY Continue to Report a Negative Overall Impact From COVID-19 … other local governments will receive $4.9 billion. There is additional funding for K-12 education ($9.0 billion), … $6 billion budgeted, the Executive Budget is opaque about how these federal funds will be used, as explained in greater …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021Payroll Improvement Project Bulletin No. PIP-015
… process in PayServ 9.2 and to provide the updated Form AC 2772 (Direct Deposit Form for NYS Employees, rev … jobs, all payroll deposits will be made according to the single Direct Deposit record for all jobs. Agencies will … Direct Deposit records for employees who hold a job in two or more agencies. Each agency will continue to make changes …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-015-direct-deposit-updated-business-process-and-ac-2772State Agencies Bulletin No. 1858
… uncashed as of March 26, 2021 will be stopped and the funds will be remitted to the NYS Office of Unclaimed Funds (OUF) in April of 2021. Effective Dates … to the OUF in April of 2021. Employees can visit the Unclaimed Funds - Search for Lost Money website to search for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1858-outreach-escheatment-2019-uncashed-payroll-checksSmall Businesses and the Economic Recovery: Work in Progress
… of small businesses surveyed reported little to no effect or even a positive effect from the pandemic. One in five … 2019, the number of small businesses grew by 12.1 percent or 43,510 firms, with the number of employees rising by almost 473,000 or 13 percent. (See Figure 6.) While employment grew more …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progress