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State Comptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced the following local government audits were issued. Eaton No. 1 Fire … Thomas P DiNapoli today announced the following local government audits were issued …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-municipal-audits-0Selected Aspects of Discretionary Spending
… Research and Development Authority (Authority) was created in 1975 to use innovation and technology to solve some of New … are appropriate and dollar thresholds, as appropriate, for such items. In addition, the policies should prescribe … followed, or there was no documentation of the necessity for the purchases or their relationship to the Authority’s …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-2DiNapoli: State Pension Fund Value $192 Billion
… pension plans in the nation and that’s great news for the more than one million men and women who participate in it, as well as for New York taxpayers.” Over state fiscal year 2017, … and allowed them to remain stable in 2017-2018 . Returns for the Fund's Asset Classes (as of March 31, 2017) Percent …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionComptroller DiNapoli and Mayor Brown Urge Buffalo Residents to Claim $88 Million in Lost Money
… said there is $88,208,650 owed to residents in the city of Buffalo. There is over $265 million owed to residents in … Buffalo. It only takes five minutes to see if we have any of your money," said DiNapoli. "And we’ve made it easier than … DiNapoli to help get money back into the pockets of rightful owners or their descendants here in Buffalo," …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-and-mayor-brown-urge-buffalo-residents-claim-88-million-lost-moneyState Agencies Bulletin No. 2048.1
… payee notification requirements: An initial outreach letter was mailed to all employees with a 2021 uncashed payroll check greater than $19.99. A second … mailbox. For more information regarding the escheatment schedule, see the Operational Advisory 9 – Current Year …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20481-outreach-and-escheatment-2021-uncashed-payroll-checksXI.2.D Vendor Name on Contractual Agreements – XI. Procurement and Contract Management
… agencies should reference the contractor’s legal name in the contractual agreement. In certain instances it may be appropriate to reference an … or alias (e.g. Doing Business As “DBA”) for a contractor in a contractual agreement. Should an alternative name or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2d-vendor-name-contractual-agreementsOverview – XI. Procurement and Contract Management
… intrinsic value. Intrinsic value measures an asset based on qualities in addition to its useful purpose, including … party must be registered in the Statewide Vendor File and have a valid Vendor ID. In addition, they must be registered … the registration process for all Vendors/Customers they do business with, who are not already registered in the New …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi7-overviewMonitoring and Administration of Public Protection Grant Programs (Follow-Up)
… extent of implementation of the recommendation included in our initial audit report, Monitoring and Administration of … aggravated assault, forcible rape, murder, and robbery – in the State, excluding New York City. In previous years, some GIVE contracts included confidential …
https://www.osc.ny.gov/state-agencies/audits/2021/11/16/monitoring-and-administration-public-protection-grant-programs-followState Agencies Bulletin No. 1943
… between 04/01/2021 and 09/30/2021 are affected. Background In March 2020, in response to the COVID-19 global pandemic, Congress passed … Medical Leave Expansion Action (EFMLEA). ARPA was enacted in March 2021, effective 04/01/2021. ARPA allows employers a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1943-covid-19-vaccination-leave-under-2021-american-rescue-plan-act-arpaWestchester County Chapter NYSARC, Inc. – Compliance With the Reimbursable Cost Manual
… non-profit special education provider located in Westchester County, serving students from Westchester and … June 30,2016, WARC reported approximately $5.3 million in reimbursable costs on its CFR for the Preschool Special … the fiscal year ended June 30, 2016, we identified $49,605 in ineligible costs reported by WARC on its CFRs for the …
https://www.osc.ny.gov/state-agencies/audits/2021/09/29/westchester-county-chapter-nysarc-inc-compliance-reimbursable-cost-manualDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August were 15.5% higher than they were … distributions against what had been reported by sales tax vendors for the reporting quarter and adjusts payments to … provide more information on the regional picture of sales tax collections for the third quarter (July through …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… State tax receipts in State Fiscal Year (SFY) 2021-22 exceeded the Enacted … greater than forecast by the Division of the Budget (DOB) in the First Quarter Update to the Financial Plan, released … billion greater than they were through the same month in SFY 2020-21. “Strong tax collections halfway through the …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsVII.3.B AP Adjustment Voucher – Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… must forward all checks, money orders, etc. and a printout of either the SFS “Summary” page or “Invoice Information” … e-mailing [email protected] with the amount of the cash deposit and a justification as to why there is no … cash through the mail exposes the agency to the risk of theft or loss. Therefore, agencies must have proper …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3b-ap-adjustment-voucher-treasury-requirementsDiNapoli Releases December State Cash Report
… the first three quarters of the fiscal year declined $1.2 billion, or 2.2 percent, from the same period last year … from the mid-year financial plan update, but the state is trailing collections from last year by more than $1 … website called Open Book New York ( www.openbooknewyork.com ). …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the … and ensure improved human capital management. As a result of McDonald’s new policy, DiNapoli and the Fund are … connect executive compensation to the company’s management of ESG and workforce issues. The Fund owned 1,674,102 shares …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityDiNapoli Releases Bond Calendar for Second Quarter
… their major public authorities during the second quarter of 2021. The state and New York City are not planning any bond issues at this point in time. The planned sales of $2.45 billion include $1.55 billion of new money and $901 million of refundings and reofferings …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-releases-bond-calendar-second-quarterOversight of Construction Management Contracts
… a range of capital projects to improve these sites. In an effort to ensure certain capital projects are executed … Parks occasionally contracts with firms that specialize in providing construction management (CM) services. In 2012, Parks entered into a contract with the Dormitory …
https://www.osc.ny.gov/state-agencies/audits/2021/06/24/oversight-construction-management-contractsRailroad Bridge Inspection Program
… railroads operating in the State to ensure they meet the bridge inspection requirements. This audit covers the period … 1, 2010 through June 30, 2013. Background The Railroad Bridge Inspection Program (Program) provides oversight of the … to ensure public safety and decrease the risk of railroad bridge failures. Department regulations require railroad …
https://www.osc.ny.gov/state-agencies/audits/2013/12/09/railroad-bridge-inspection-programSelected Aspects of Discretionary Spending
… Fund’s discretionary spending complied with its guidelines and was reasonable, adequately supported and properly approved. Our audit period was April 1, 2010 to … to act as an agent for SUNY to design, construct, acquire and improve State University facilities and to utilize a wide …
https://www.osc.ny.gov/state-agencies/audits/2014/09/19/selected-aspects-discretionary-spendingIT Security Fundamentals – Information Technology Governance
… Prior to examining your local government’s or school’s IT internal controls, it is … and complete data is essential for good decision-making. What good is the information if it cannot be trusted? … A combination of controls helps ensure that your system does not become overly dependent on any one control or layer …
https://www.osc.ny.gov/local-government/publications/it-governance/it-security-fundamentals