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Member E-News Archive — 2023
… Current January 2023 What is a Defined Benefit Plan? Sex Identification and Your NYSLRS Membership Welcome, New …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023DiNapoli Consumer Alert: Contribute to a 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes
… College Savings Program, an investment tool designed to help parents save for college, ranks among the best in the … tax deductions for parents and loved ones who want to get a head start on saving for college. It’s never too early … billion. Since January, New York’s 529 Program has paid out more than $774 million for college-related expenses to …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-consumer-alert-contribute-529-college-savings-account-and-deduct-10000-your-state-taxesDiNapoli Encourages New Yorkers to Save for College
… Savings account to start saving now to help with the costs of getting a degree. According to the Federal Reserve Bank of New York's latest figures from 2015, the nationwide … loan balance is $29,700 and New Yorkers owe an average of $32,200. As the cost for a college education increases, …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-encourages-new-yorkers-save-collegeDiNapoli Announces Improvements to College Savings Plan to Save Money for College
… Beginning in September, New York's 529 College Savings Program will offer more investment options, … of the improvements we're making to New York's 529 College Savings Program," DiNapoli said. "We're making it …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-announces-improvements-college-savings-plan-save-money-collegeCollege of Staten Island - Examination of Fast Track MK LLC
… if the College conducted an appropriate procurement for the goods provided by Fast Track and submitted an appropriate claim for payment to our Office for those goods. Background The College procured brackets, …
https://www.osc.ny.gov/state-agencies/audits/2016/02/05/college-staten-island-examination-fast-track-mk-llcHerkimer County Community College - Procurement (2019M-186)
… policy and procedures do not address the solicitation of competition for professional services and insurance. The …
https://www.osc.ny.gov/local-government/audits/community-college/2019/12/06/herkimer-county-community-college-procurement-2019m-186Opinion 96 - 14
… and undertakings. These petty cash funds are available to pay, in advance of audit, properly itemized and verified or …
https://www.osc.ny.gov/legal-opinions/opinion-96-14Finger Lakes Community College - Credit Card and Travel Expenditures (2019M-184)
… funds. College officials disagreed with certain aspects of our findings and recommendations, but indicated they have …
https://www.osc.ny.gov/local-government/audits/community-college/2020/01/10/finger-lakes-community-college-credit-card-and-travel-expendituresState Agencies Bulletin No. 435
… in the program but will continue to service the toll-free phone line and web site through close of business … be handled by Upromise Investments, Inc. The existing toll free number is 1-877-NYSAVES and the web site is located at …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/435-change-manager-nys-college-savings-programErie Community College – Board Oversight and Management of College Resources (2015M-212)
… assess Board oversight and management of College resources for the period September 1, 2013 through July 2, 2015. … and one elected student trustee. Budgeted appropriations for the 2014-15 fiscal year were $112 million. Key Findings … were one. The President assumed the Board’s responsibility for establishing salaries and authorizing benefits for senior …
https://www.osc.ny.gov/local-government/audits/community-college/2016/01/13/erie-community-college-board-oversight-and-management-college-resourcesCollege of Optometry – Selected Employee Travel Expenses
… March 31, 2011. One of these employees worked at the College of Optometry and had travel costs totaling $116,828. … employee was responsible for arranging travel for other College staff members, charging these travel expenses to his … that such payments are not permissible. According to a College official, the College used the card for this purpose …
https://www.osc.ny.gov/state-agencies/audits/2013/02/14/college-optometry-selected-employee-travel-expensesCollege of Plattsburgh – Selected Employee Travel Expenses
… airline baggage and travel agency fees. The mission of the College at Plattsburgh (College) is to prepare a diverse population of undergraduate … life based on a strong foundation in the liberal arts. The College spent $2,867,155 on travel expenses from April 1, …
https://www.osc.ny.gov/state-agencies/audits/2013/04/25/college-plattsburgh-selected-employee-travel-expensesWestchester Community College – Fixed Assets (2017M-78)
… The purpose of our audit was to review controls over the College’s fixed assets for the period September 1, 2015 … through March 8, 2017. Background Westchester Community College is a two-year college sponsored by Westchester County …
https://www.osc.ny.gov/local-government/audits/community-college/2017/06/30/westchester-community-college-fixed-assets-2017m-78New York's 529 College Savings Program Turns 20
… New York’s 529 College Savings Program, the popular college savings investment tool, is marking 20 years of …
https://www.osc.ny.gov/press/releases/2018/12/new-yorks-529-college-savings-program-turns-20College at Purchase – Selected Employee Travel Expenses
… campus housing was exhausted, charging these expenses to her procurement card. Housing students at local hotels has …
https://www.osc.ny.gov/state-agencies/audits/2013/02/14/college-purchase-selected-employee-travel-expensesDiNapoli: Contribute to a NY 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes
… New York State Comptroller Thomas P. DiNapoli today reminded New Yorkers that contributions to a New York State 529 College Savings Program account are … tax deductible*. New York’s 529 College Savings Program is an investment tool designed to help parents save for college. …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-contribute-ny-529-college-savings-account-and-deduct-10000-your-state-taxesDiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… lower fees, higher maximum balances and the elimination of the $25 minimum contribution fees make it easier to save … to $10,000 each year.* "Now's the time to take advantage of the improvements we're making to New York's 529 College Savings Program and give the gift of savings for higher education this holiday season," …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsSchenectady County Community College – Internal Controls Over Selected Financial Operations (2014M-11)
… designed and operating effectively to adequately safeguard College assets for the period September 1, 2011 through … August 31, 2013. Background Schenectady County Community College is located in Schenectady County, within the City of …
https://www.osc.ny.gov/local-government/audits/community-college/2014/06/27/schenectady-county-community-college-internal-controls-over-selectedTuition Assistance Program – Vaughn College
… and Technology officials complied with the Education Law and the Commissioner of Education’s Rules and Regulations … eligible students pay postsecondary tuition charges in New York schools. HESC also administers a variety of State … awards totaling $7.9 million that were paid to the school on behalf of 1,716 students. We reviewed a sample of 50 …
https://www.osc.ny.gov/state-agencies/audits/2016/05/19/tuition-assistance-program-vaughn-collegeAdministration of Fellowship Leaves
… the instructional staff employed by the City University of New York (CUNY) who are granted fellowship leaves (fellowships), …
https://www.osc.ny.gov/state-agencies/audits/2013/10/09/administration-fellowship-leaves