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DiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… The surge in federal spending in response to the COVID-19 pandemic significantly improved New York’s per capita ranking in the federal balance of payments from 49 th in 2019 to 30 … The surge in federal spending in response to the COVID19 pandemic significantly improved …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsHow the Program Works – Contribution Stabilization Program
… total invoice, excluding payments for group term life insurance, deficiencies, previous amortizations, incentive … what an employer’s contribution would be using the graded rate. NYSLRS compares the employer’s normal annual … annual pension contribution (not including Group Term Life Insurance [GTLI]) from their last invoice, they will not be …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksCollege Readiness
… September 2015 through March 2022 and included students who were expected to graduate high school by August 2019. … to rewarding careers. However, nearly half of all students who do complete high school and go to college require … its own definition for college readiness – a student who: (1) can successfully meet DOE’s criteria for graduation …
https://www.osc.ny.gov/state-agencies/audits/2022/10/04/college-readinessNYS Common Retirement Fund Reports Second Quarter Results
… New York State Comptroller Thomas P. DiNapoli. “Continued market volatilely supports our conservative approach to long … mortgages (24.6 percent), private equity (9.6 percent), real estate and real assets (8.9 percent) and absolute return …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Local Government Debt Levels Off
… schools and buy equipment,” DiNapoli said. “Too much debt can make it difficult for a community to adjust if a recession hits or can limit its ability to take on critical infrastructure … . Find out how your government money is spent at Open Book New …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-government-debt-levels-offDiNapoli: Jury Convicts Councilman Ruben Wills in Public Corruption Scheme
… public corruption and holding public officials accountable for misuse of public resources." "Ruben Wills' crimes were a … stole taxpayer dollars to buy fancy purses and clothes for himself and his friends. New Yorkers deserved better. … they deserve. I thank Comptroller DiNapoli and his staff for their continued and valuable partnership on Operation …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-jury-convicts-councilman-ruben-wills-public-corruption-schemeXII.8.F Changes to Vouchers After Submission to OSC – XII. Expenditures
… Sequence – used to indicate which address from a vendor’s record should be used to mail a check. Vendor Location – … OSC. Process and Transaction Preparation: Agencies should contact the Bureau of State Expenditures’ Customer Service Help Desk at (518) 474-4868, or by email …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8f-changes-vouchers-after-submission-oscDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan … on firmer financial ground, largely because the state budget provided dedicated sources of revenue to close projected budget gaps, according to New York State … In a turnaround from the fiscal crisis it faced a year ago the Metropolitan …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backState Comptroller Thomas P. DiNapoli on the Passing of Former Senator Joe Bruno
… "New York lost an icon today with the passing of Former Senate Majority Leader Joe Bruno. The senator served his community for over three decades, the last fourteen as majority leader where he led the state through difficult times. A … Joe’s family and his many friends from across the state of New York." …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-thomas-p-dinapoli-passing-former-senator-joe-brunoParticipation in the Program – Contribution Stabilization Program
… are treated separately. Please read the information on the How the Program Works page carefully before you submit a form … How NYSLRS employers can join or withdraw from the …
https://www.osc.ny.gov/retirement/employers/csp/participation-programIntroduction – Federal Funding and New York
… Child Care Assistance Housing Assistance Low Income Home Energy Assistance Program Federal Employees in New … Community Development Block Grant Medicaid Title IV-E Foster Care Individuals with Disabilities Education Act …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/introductionChanges to Reporting Requirements – Understanding Your Responsibilities: Elected & Appointed Officials
… Officials Official did not need to attest to the accuracy of the ROA. Official must sign the ROA to attest to its … to determine whether activities are official duties of the position. Regulation now states that the employer … whether activities listed on the ROA are official duties of the position. If they are not, the employer excludes the …
https://www.osc.ny.gov/retirement/members/ea-officials/changes-reporting-requirementsDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… country. The city lost a higher share of jobs between the second quarter of Calendar Year (CY) 2019 and the second … recreation sector was 24% smaller, and retail trade had 14% fewer jobs. Nationally, those sectors overall were just … where jobs declined by 40% compared to an average of 13% for the other boroughs. While slow growth can be …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… Fund's (Fund) low emissions equities index, doubling its investment. The Fund was the first public pension fund in the … the worldwide effort to build a lower carbon economy. Our investment decisions and our shareholder engagements are a … climate risk is key to protecting positive long-term investment returns," said the Fund's Chief Investment Officer …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli: MTA Budget Gaps Return
… predicted subway ridership will reach 80% by the end of 2026, a much slower return than the consultant’s July 2021 … is still down around 20%, with Metro-North further behind. Bus ridership had initially recovered faster but has trended … growth, forcing the MTA to budget for $811 million less in bus and subway revenue through 2027, including $200 million …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnDiNapoli: NYC Experiencing Record Job Growth
… Thomas P. DiNapoli. The city added a total of 702,200 jobs between 2009 and 2017, more than during any other … DiNapoli said. "Employment is at a record level and more jobs are being created in the boroughs outside of Manhattan … breaking the pre-recession record by more than 600,000 jobs. The nation and New York state had job gains of 11.5 …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-nyc-experiencing-record-job-growthNY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
… shareholders to join the Fund in withholding votes from all board directors up for re-election. Separately, DiNapoli …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-calls-wynn-resorts-disclose-all-political-spendingFormer Treasurer of Patterson Volunteer Fire Department Pleads Guilty To Fraud and Tax Charges Arising From His Embezzlement of More Than $1.1 Million
… Department in Patterson, New York (“PFD”), pled guilty today to wire fraud and false subscription to tax returns … U.S. Attorney Preet Bharara said: “As he admitted today, Albert Melin betrayed the trust placed in him by the … Fire Department in Patterson PFD New York pled guilty today to wire fraud and false subscription to tax returns …
https://www.osc.ny.gov/press/releases/2016/11/former-treasurer-patterson-volunteer-fire-department-pleads-guilty-fraud-and-tax-charges-arising-hisState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… (PFRS). DiNapoli is also dropping the long-term assumed rate of return on investments from 7 percent to 6.8 percent, … vary by employer depending on factors such as the types of retirement plans they adopt, salaries and the …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredXII.6.P Processing a Payment to a Military Address – XII. Expenditures
… please contact the Bureau of State Expenditures’ Customer Service Help Desk at (518) 474-4868 or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6p-processing-payment-military-address