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DiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… The recent labor agreement between New York City and the United Federation of Teachers (UFT) removes the largest … The recent labor agreement between New York City and the United Federation of Teachers UFT removes the largest …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsTown of Sherburne – Budgeting (2025M-3)
… 31, 2020 – December 31, 2023. We extended our audit period to November 12, 2024 to analyze the 2025 adopted budget. Understanding the Program … finance recurring expenditures. This helps the Town to not levy more taxes than necessary. The Town has five … In addition officials appropriated fund balance to balance the budgets because purported revenues were not …
https://www.osc.ny.gov/local-government/audits/town/2025/04/18/town-sherburne-budgeting-2025m-3IX.7.E Disaster Assistance – IX. Federal Grants
… The Disaster Assistance Accounting process will be used each time there is a disaster event. This process requires the participation of staff in the Division … System (SFS), and impacted New York State agencies. This process will allow New York State agencies to respond to a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7e-disaster-assistanceEast Ramapo Central School District – Budget Review (B25-5-2)
… in unassigned fund balance resulting from an operating surplus. Due to concerns related to the District’s … significant unanticipated 2023-24 fiscal year operating surplus, we conducted a review of the District’s adopted … overestimated by approximately $1 million. The health insurance appropriation of approximately $36 million is …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/03/east-ramapo-central-school-district-budget-review-b25-5-2DiNapoli: MTA Weekend Ridership Recovery Outpaces Weekdays Across the Board
… the vast majority of ridership, at 80% of the total in 2025, but the weekend share grew 3 percentage points to 20%, … have been particularly strong at certain times of the year when compared to 2019, such as in the summer and during the … periods. In 2025, the average weekend subway ridership was at 89% of the 2019 level, up from 80% in 2024. By …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-mta-weekend-ridership-recovery-outpaces-weekdays-across-boardDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… contribution rates for the New York State and Local Retirement System (NYSLRS) in State Fiscal Year 2018-19 will … The estimated average contribution rate for the Employees’ Retirement System (ERS) will decrease from 15.3 percent of … average contribution rate for the Police and Fire Retirement System (PFRS) will decrease from 24.4 percent to …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19Economic and Demographic Trends – 2023 Financial Condition Report
… Below Pre- Pandemic Levels in 2022 In calendar year 2022, the State gained over 443,000 jobs, an increase of 5 percent … to growth nationally of 7.3 percent. Employment in the State was still 3 percent lower than that in 2019. The State’s unemployment rate fell from 7 percent in 2021 to …
https://www.osc.ny.gov/reports/finance/2023-fcr/economic-and-demographic-trendsOpinion 90-54
… the equitable distribution of retirement benefits payable from the New York State and Local Retirement Systems … the Retirement System, as a governmental plan, is excepted from the provisions of the Employees' Retirement Income … 699, determined that certain retirement benefits payable from the Retirement System constitute marital property …
https://www.osc.ny.gov/legal-opinions/opinion-90-54II.3.A Planning – II. New York State Financial Accounting
Preparation of budget requests varies among agencies reflecting their size complexity and internal practice
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii3a-planningState Agencies Bulletin No. 1129
… the Account Code page that represents the combination of CAS Cost Center and CAS Object Code. SFS is now using the term Account Code to refer to the value that replaces the CAS Object Code. For purposes of clarity, the terms PayServ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1129-updates-cost-centers-statewide-financial-system-sfs-and-payserv-accountDiNapoli Announces $114 Million of G.O. Bonds Awarded
… State Comptroller Thomas P. DiNapoli today awarded $114.04 million of New York State Series 2019A Tax-Exempt General … State Comptroller Thomas P DiNapoli today awarded $11404 million of New York State Series 2019A TaxExempt General …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-announces-114-million-go-bonds-awardedNorth Queensbury Volunteer Fire Company – Controls Over Financial Activities (2014M-167)
North Queensbury Volunteer Fire Company Controls Over Financial Activities 2014M167
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/09/05/north-queensbury-volunteer-fire-company-controls-overOpinion 88-55
… to make and file in the county clerk's office, where the certificate of incorporation is filed a verified certificate, stating the names of the directors and officers … in any business other than that set forth in its certificate of incorporation." (Not-For-Profit-Corporation …
https://www.osc.ny.gov/legal-opinions/opinion-88-55Village of Stillwater – Capital Project and Settlement Award Accounting (2017M-163)
… in this report and resubmit the related annual update documents to our office. Periodically review the …
https://www.osc.ny.gov/local-government/audits/village/2017/12/01/village-stillwater-capital-project-and-settlement-award-accounting-2017m-163Brentwood Union Free School District – Fund Balance and Hiring Practices (2016M-251)
… July 1, 2014 through October 31, 2015. Background The Brentwood Union Free School District is located in the Town … Brentwood Union Free School District Fund Balance and Hiring …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/22/brentwood-union-free-school-district-fund-balance-and-hiring-practicesDiNapoli: MTA Budget Outlook Improves
… expansion projects, such as the next phase of the Second Avenue Subway. In an effort to reduce the impact of borrowing …
https://www.osc.ny.gov/press/releases/2013/09/dinapoli-mta-budget-outlook-improvesGermantown Central School District – Payroll (2023M-3)
… (Board). Key Findings The District did not have adequate payroll processes to ensure compensation paid to employees … the Board. District officials did not properly segregate payroll processing duties and did not provide adequate oversight. We …
https://www.osc.ny.gov/local-government/audits/school-district/2023/09/22/germantown-central-school-district-payroll-2023m-3Lyon Mountain Fire District – Cash Disbursements (2017M-2)
… the 36 disbursements for claims that we reviewed, two were not audited or approved by the Board. During the audit … eight disbursements were for purchases made using a debit card. Key Recommendations Ensure that all claims are approved …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/03/17/lyon-mountain-fire-district-cash-disbursements-2017m-2Town of Brunswick – Justice Court (2017M-285)
… through July 1, 2017. Background The Town of Brunswick is located in Rensselaer County. The Town is governed by an elected five-member Town Board. Collections … were unaware of the bail account balance. There were 26 checks signed using a signature stamp rather than signed …
https://www.osc.ny.gov/local-government/audits/justice-court/2018/05/04/town-brunswick-justice-court-2017m-285Capital – 2023 Financial Condition Report
… A robust, efficiently managed capital investment program can support healthy economic growth, while the deterioration of capital assets can weaken the State’s economy and its ability to attract and retain business. Capital assets include not only highways and …
https://www.osc.ny.gov/reports/finance/2023-fcr/capital