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Opinion 88-51
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund … lake) GENERAL MUNICIPAL LAW, §§6-c(1)(b), 6-d: Moneys in a repair reserve fund may be expended for the dredging of … annually or at shorter intervals. Where all moneys in a repair reserve fund have been expended and the town …
https://www.osc.ny.gov/legal-opinions/opinion-88-51DiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (CRF or the Fund) has … (GSAM) to invest in a diverse group of global equity strategies viewed as having strong potential to enhance the …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsTown of Caneadea – Fund Balance Management (2020M-145)
… Key Recommendations Develop and adopt budgets which align recurring revenues with recurring expenditures, and …
https://www.osc.ny.gov/local-government/audits/town/2021/05/14/town-caneadea-fund-balance-management-2020m-145Opinion 89-1
… This opinion represents the views of the Office of the State Comptroller at the time … on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation (authority to convert … the time at some future date, if and when convenient to do so. The Rubenstein court said that: ... Clift involved …
https://www.osc.ny.gov/legal-opinions/opinion-89-1State Agencies Bulletin No. 2069
… reversed, or reissued will be turned over to the Office of Unclaimed Funds in April 2023. Outreach to employees with uncashed … for reporting purposes because the employee had use of the funds (constructive receipt). As a result, when an AC-230 is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2069-schedule-submitting-2022-year-end-returned-checksBeaver River Central School District – Collection of Real Property Taxes and Retiree Health Insurance Contributions (2021M-123)
… and have initiated or indicated they planned to initiate corrective action. … Determine whether Beaver …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/22/beaver-river-central-school-district-collection-real-property-taxes-andAudit Faults Justice Center Records, Raises Questions on Accountability
… said. "Even though the Justice Center is over three years old, we don't know how effectively it is operating or whether … needed. This isn't about finger-pointing if some of the old system's problems still exist. It is about keeping New …
https://www.osc.ny.gov/press/releases/2017/03/audit-faults-justice-center-records-raises-questions-accountabilityState Agencies Bulletin No. 2345
… addition, a memorandum dated 05/15/2025 from the Office of Employee Relations (OER) authorizes the 2025 payment for the … for use in the performance of their job; and Have a Payroll Status of Active on the date of payment. Hourly … of absence, including Workers’ Compensation Leave, with a Payroll Status of Leave of Absence on 06/30/2025 may receive …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2345-2025-csea-tool-allowance-paymentVillage of Hastings-on-Hudson - Board Oversight (2018M-92)
… approximately $559,311. Grant annual vacation leave in accordance with its policy. As a result, 14 current … 2017 by 4,510 hours with an estimated value of $213,058. In addition, sensitive information technology (IT) control … action. Appendix B includes our comments on issues raised in the Village’s response letter. … Village of …
https://www.osc.ny.gov/local-government/audits/village/2018/10/26/village-hastings-hudson-board-oversight-2018m-92Town of Catskill – Internal Controls Over Selected Financial Operations (2014M-165)
… Purpose of Audit The purpose of our audit was to review the Town’s internal controls over … 1, 2012 through January 22, 2014. Background The Town of Catskill is located in Greene County and has a population …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-catskill-internal-controls-over-selected-financial-operations-2014m-165Do Not Call Enforcement Efforts (Follow-Up)
… Efforts (Report 2017-S-55 ). About the Program The New York State Do Not Call law (Law) allows consumers to … enforcing the Law, which took effect in 2001. Initially, New York consumers registered their phone numbers on a … potential for using Federal Trade Commission resources and strategies to enhance the effectiveness of its Do Not Call …
https://www.osc.ny.gov/state-agencies/audits/2020/02/19/do-not-call-enforcement-efforts-followOpinion 92-1
… This opinion represents the views of the Office of the State Comptroller at the time it was … on securities deposited in lieu of); (mandatory nature of withdrawal provisions); (procedure for withdrawal upon … does not have discretion to refuse to permit the withdrawal of retained percentages when proper securities of …
https://www.osc.ny.gov/legal-opinions/opinion-92-1Employer E-News Archive — 2024
… Made the Switch May 2024 E-News was not published in May. April 2024 New State Budget Affects NYSLRS …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024XII.8.C Payment Intercepts – XII. Expenditures
… This section provides Business Units with guidance on how to request OSC to intercept a payment from a Business … identified by the Business Unit, as well as instruction on how to proceed. If you have questions regarding payment …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8c-payment-interceptsSelected Aspects of Collection of Bridge and Tunnel Tolls and Fees
… written off ($5.4 million in OTG tolls) or uncollected ($2.3 in OTG tolls and $3.6 in Deferred Tolls). We determined … unregistered OTG tags with negative balances totaling $2.3 million (amounts owed by motorists whose tag use exceeded … is available. In February 2016, TBTA was owed at least $2.79 million in unpaid Deferred Tolls. We were advised that …
https://www.osc.ny.gov/state-agencies/audits/2017/11/14/selected-aspects-collection-bridge-and-tunnel-tolls-and-feesOversight of the Agricultural Assessment Program
… Purpose To determine if the Department of Taxation and Finance’s (Department) Office of Real Property Tax Services (ORPTS) is properly calculating … Assessment Values that local assessors and boards of assessors use to compute agricultural property assessments …
https://www.osc.ny.gov/state-agencies/audits/2018/02/02/oversight-agricultural-assessment-programTown of Bolivar – Community Development Block Grant (2013M-353)
… October 7, 2013. Background The Town of Bolivar is located in Allegany County and has a population of approximately … of Town grant funds. The CCDC overpaid itself $3,000. In addition, several contractors were not paid, or were … and project documentation, and ensure that the Town is in strict compliance with federal grant requirements. Recover …
https://www.osc.ny.gov/local-government/audits/town/2014/03/07/town-bolivar-community-development-block-grant-2013m-353Sexual Offender and Management Treatment Act Program
… mental abnormalities, pose a substantial risk to commit new sex crimes. Since the Act’s inception, the Office has … The Office uses three psychiatric centers, Central New York Psychiatric Center, St Lawrence Psychiatric Center and … Key Recommendations None Other Related Audits/Reports of Interest Office of Mental Health: Selected Employee Travel …
https://www.osc.ny.gov/state-agencies/audits/2013/09/23/sexual-offender-and-management-treatment-act-programExamples from GASB Statement 34 - Statement of Fiduciary Net Assets
… 80,000 Municipal bonds 6,528,019 Corporate bonds 16,320,047 Corporate stocks 26,112,075 Other investments …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-fiduciary-net-assetsElectronic Reporting Program Instructions
To eliminate paper reporting and simplify the reporting process, the New York State Comptroller’s Office of Unclaimed Funds has developed an electronic reportin
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/nycd-diskette-installation-user-manual.pdf