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DiNapoli Releases Annual IDA Report
… look at the financial and project data as reported by IDAs for their communities,” DiNapoli said. “IDAs can play an … DiNapoli’s report also found IDAs reported the following: For the 4,262 active IDA projects, it was estimated that a … of jobs gained in the last ten years. Total tax exemptions for IDA projects amounted to over $1.7 billion, up $273 …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-releases-annual-ida-reportState Agencies Bulletin No. 2180
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the 2023 APSU Clothing Allowance and to provide agency instructions for payments not processed … for a Clothing Allowance. This payment, including payment to newly eligible employees, will continue even if there is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2180-2023-clothing-allowance-certain-agency-police-service-unit-apsuState Agencies Bulletin No. 2078
… not processed automatically. Affected Employees Employees in APSU – BU31 who meet the eligibility criteria are … State, Inc. (PBANYS) provides for a Clothing Allowance. In addition, an Office of Employee Relations (OER) memorandum … Dates The 2022 APSU Clothing Allowance will be processed in a separate check in Administration pay period 16L, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2078-2022-clothing-allowance-certain-agency-police-service-unit-apsuOpinion 90-56
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that … military duty, during all or part of the period after they have received their full compensation for the maximum period … of 30 days or 22 working days, whichever is greater, in any one calendar year, and for not more than 30 days or 22 …
https://www.osc.ny.gov/legal-opinions/opinion-90-56XI.12.B Contract Assignments – XI. Procurement and Contract Management
… (“Transferor”). Contractors doing business with New York State may attempt to transfer their rights, … is attempting to avoid a lien, tax obligation or other legal responsibility relating to the contract. All contract … agreement, as appropriate. Concurrently, users create a new contract in SFS for the assignee. The agency must re-use …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12b-contract-assignmentsOpinion 93-4
… , 65 NY2d 92, 490 NYS2d 174; Cherey v City of Long Beach , 282 NY 382; 1984 Opns St Comp No. 84-32, p 40). With …
https://www.osc.ny.gov/legal-opinions/opinion-93-4Opinion 2006-4
… other unsecured short-term debt obligations (or, in the case of a bank which is the principal subsidiary of a holding … securities, the officers making a deposit may, in the case of an irrevocable letter of credit issued in favor of … new provision for security of municipal deposits “in the case of an irrevocable letter of credit issued … by” FHLBs. …
https://www.osc.ny.gov/legal-opinions/opinion-2006-4DiNapoli Announces State Contract and Payment Actions for October 2016
… monthly notice to provide current information about the number and types of contracts and payments by the state. This …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-announces-state-contract-and-payment-actions-october-2016State Contract and Payment Actions in November
… $5.2 million with All State Boiler & Construction Inc. to retube and replace boilers at Green Haven Correctional … Dutchess County. $4.4 million with New Britain Roofing Co. to replace roofs at Cape Vincent Correctional Facility in … Association of Motor Vehicle Administrators for State-to-State verification services. Office of Parks, Recreation & …
https://www.osc.ny.gov/press/releases/2022/12/state-contract-and-payment-actions-novemberState Contract and Payment Actions in May
… commercial or mixed-use buildings on Buffalo’s East Side. Gaming Commission $23.3 million for tribal-state …
https://www.osc.ny.gov/press/releases/2023/06/state-contract-and-payment-actions-mayComptroller DiNapoli and A.G. Schneiderman Announce Indictment of NYC Councilman Ruben Wills In Public Corruption Scheme
… member of his family that he enlisted as a co-conspirator have been indicted by a Queens grand jury after an … public official, it sends the message that elected office does not come with a blank check or a license to break the … of law. Anyone with additional information on this or any other public corruption matter is encouraged to contact …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-and-ag-schneiderman-announce-indictment-nyc-councilman-ruben-wills-publicXIV.2 Obligation, Accounting and Budget Dates – XIV. Special Procedures
… are used to reclassify or refund previous payments. In all of these instances, the Obligation Date is the same as of … revenues in the proper accounting period. GL Journals: All agency generated general ledger (GL) journals require an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv2-obligation-accounting-and-budget-datesState Comptroller DiNapoli Releases Municipal & School Audits
… employment agreement indicating he was not eligible to receive overtime payments. In addition, one employee was … were paid $26,297 for overtime without being required to seek preapproval per their CBAs or district policy. Town … records, and inadequate financial reports were provided to the board. As a result, the board lacked reliable records …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsOversight of the Title Insurance Industry
… Program DFS is responsible for regulating all insurance in New York State, including title insurance. Title insurance … the time of sale. The cost of title insurance is higher in New York State than in comparable states, as noted by DFS … reported $11.9 billion in net title insurance premiums. New York State Insurance Law (Insurance Law) requires DFS to …
https://www.osc.ny.gov/state-agencies/audits/2019/03/21/oversight-title-insurance-industryDiNapoli: Brooklyn Economy Sets Records
… economic activity by 161 percent with the total annual payroll among these firms increasing by 139 percent in …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-brooklyn-economy-sets-recordsDiNapoli: New York Sending More Tax Dollars to Federal Government Than it Gets Back
… New York State received 84 cents for every dollar it sent in taxes to … should consider this imbalance as they debate proposed budget and policy changes that could significantly impact New …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-york-sending-more-tax-dollars-federal-government-it-gets-backCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service
… commercial rebate revenue related to Empire Plan drug utilization in accordance with its contract with the … Ensure all of the Empire Plan’s rebate-eligible drug utilization is invoiced, collected from the manufacturers, … commercial rebate revenue related to Empire Plan drug utilization in accordance with its contract with the …
https://www.osc.ny.gov/state-agencies/audits/2019/06/06/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-serviceCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service
To determine if CVS Health invoiced and remitted commercial rebate revenue related to Empire Plan drug utilization in accordance with its contract with the Department of Civil Service
https://www.osc.ny.gov/state-agencies/audits/2019/01/28/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-serviceDiNapoli Estimates LIRR Strike Could Cause Up to $50 Million in Economic Loss Daily
… Comptroller Thomas P. DiNapoli today estimated a potential Long Island Rail Road (LIRR) strike could cause up to $50 million … as well as census and economic data. DiNapoli’s office regularly examines and reports on the finances of the …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-estimates-lirr-strike-could-cause-50-million-economic-loss-dailyDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… P. DiNapoli announced today that the New York State Common Retirement Fund (Fund) has committed an additional $1.2 … help diversify the Fund’s investments and expand its pool of investors. DiNapoli made the announcement at the Fund’s … the pool of talented investment managers who want to do business with the state pension fund,”said DiNapoli. “The …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-program