Search
Investing and Protecting Public Funds Webinar Presentation
This session is designed to help local officials understand procedures and policies used to control and account for cash. Presenters will discuss the following: principles and statutes, depositing public funds, securing deposits, investment policies, cash controls and reporting, and cash flow foreca
https://www.osc.ny.gov/files/local-government/academy/pdf/investing-and-protecting-public-funds-01-19-2022.pdfState Fiscal Year 2022-23 Enacted Budget Analysis
… have indicated that All Funds spending will total $220.5 billion in SFY 2022-23. The Budget was adopted following … unanticipated revenues. These factors have allowed for a steep increase in spending, both for temporary investments … the FY 2023 Executive Budget Financial Plan Updated for 30-Day Amendments adjusted for provisions included in the …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisDiNapoli: Buffalo's Financial Condition Improves
… fiscal outlook of Buffalo, fostering an even more vibrant business environment that will accelerate business investment and job creation and running a more … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-buffalos-financial-condition-improvesDiNapoli: Technology Changing How Local Governments Serve Residents
… “Smart Solutions Across the State: Advanced Technology in Local Governments,” at a press conference in the City of … of its Smart City Project. “New technologies are reshaping how local government services are delivered. Local officials … Wi-Fi access to residents and visitors in “hotspots.” Many municipalities have replaced traditional coin operated …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residentsOpinion 91-51
… Municipal Law, §9-a. You ask whether a county chief fiscal officer may temporarily utilize for general county purposes … shall be paid over to the county treasurer, or comparable officer or body, in the same manner and at the same time as … county purposes. The county treasurer, or comparable officer or body, shall keep a separate account of such moneys …
https://www.osc.ny.gov/legal-opinions/opinion-91-51DiNapoli: MTA Faces Worst Financial Crisis in History
… or New York City, the MTA desperately needs an influx of federal funds or unheard of service cuts and workforce … now at historic levels, as reported in its July Financial Plan : $3.4 billion in 2020, $6.3 billion in 2021, $3.8 … debt issued by the MTA more than tripled between 2000 and 2019, rising from $11.4 billion to $35.4 billion. The MTA …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
… and developed plans to mitigate the effect of extreme weather conditions and flooding; and whether the plans were tested/updated and the weather-related equipment was inspected/maintained to ensure … to prepare for rising sea levels, storms, and severe weather events (one transformational that calls for MTA to …
https://www.osc.ny.gov/state-agencies/audits/2025/01/02/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsOpinion 90-54
… separation agreement or otherwise, to designate a former spouse or other person. We have been asked to discuss the … by separation agreement or otherwise to designate a former spouse ( Sussman v New York State Employees' Retirement … member to the eligible beneficiary defined as a surviving spouse who has not renounced survivorship rights in a …
https://www.osc.ny.gov/legal-opinions/opinion-90-54State Comptroller DiNapoli Releases Municipal Audits
… deposit of $6,867 with the treasurer during 2017. Town of West Seneca – Audit Follow-Up (Erie County) The purpose of … the calculations or verified that ALS employee hourly rates were correct before certifying the payroll each pay …
https://www.osc.ny.gov/press/releases/2025/05/state-comptroller-dinapoli-releases-municipal-auditsNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… performance of the Long Island Rail Road (LIRR) and the subway system has recently worsened. On-time performance on … as the LIRR itself. By 2016, the average distance that subway trains travel before breaking down had fallen by … Authority report , or go to: http://osc.state.ny.us/osdc/rpt7-2018-mta-financial-outlook.pdf For access to …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesOpinion 99-16
… Conditions (indemnification provision in custodial bank agreement) TOWNS -- Powers and Duties (authority to indemnify … MUNICIPAL LAW, §10: A town may enter into a custodial agreement under which the custodial bank will be indemnified … of an indemnification provision in a proposed custodial agreement. You indicate that the town intends to enter into a …
https://www.osc.ny.gov/legal-opinions/opinion-99-16DiNapoli Releases Analysis of SFY 2024-25 State Budget
… adopted in an improved economic environment, with state tax collections outperforming projections,” DiNapoli said. … 2019-20, spending increased 33% in the General Fund, 25.8% in State Operating Funds, and 35.8% in All Funds. School aid and Medicaid drove much of the …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli: State Budget Boosts Education Aid and Enacts Paid Family Leave but Falls Short on Ethics Reform and Transparency
… that reduced aid to schools from other formula-driven levels as part of the state’s response to fiscal challenges … an increase of 7.1 percent from previously authorized levels. All of this increase is in the form of backdoor …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-state-budget-boosts-education-aid-and-enacts-paid-family-leave-falls-short-ethics-reform-andDiNapoli Report Highlights MTA's Significant Needs
… and increasingly prone to break downs. The fleet’s average age was 26 years in 2022, up from 20 years in 2013. Replacing the oldest cars, which … track problems caused 19% of major incidents that delayed 50 or more trains. The MTA also needs to invest in subway …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsDiNapoli Releases Review of Executive Budget
… has long cited the inadequate levels of state reserve funds as a significant fiscal concern. At the end of SFY … reserves to 15% of spending from State Operating Funds. The Executive Budget now proposes to set aside $11.8 … reserves, as well as planned deposits to the two rainy day funds through SFY 2024-25, which would increase reserve funds …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: Wall St. 2021 Profits near Record Levels
… Wall Street’s run of prosperity extended into the first half … to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance. “Wall Street’s success during the pandemic has benefited New … Wall Streets run of prosperity extended into the first half …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsState Contract and Payment Actions in June
… at www.openbooknewyork.com . The Governor’s Executive Order 202, which had suspended the Office of the State … at Bouck Hall at SUNY Cobleskill. State University of New York $3.5 million with Pro Pump Corp. for maintenance and … at Stony Brook University. $2.7 million with JP Morgan Chase Bank NA for banking services at Stony Brook University. …
https://www.osc.ny.gov/press/releases/2021/07/state-contract-and-payment-actions-juneDiNapoli: NYC DOE Faces Significant Challenges in Closing COVID Achievement Gap
… In spring 2020, only 85.2% of students attended online classes, compared to in-person attendance of between …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gapState Contract and Payment Actions in November
… State University of New York $8.5 million with Sterling Glass of New York Inc. for replacement and repair of glass windows, doors, and screens at Stony Brook University. …
https://www.osc.ny.gov/press/releases/2020/12/state-contract-and-payment-actions-novemberState Contract and Payment Actions in June
… on these contracts and payments is available at Open Book New York . Major Contracts Approved Office of … in New York County. Office of General Services – Design & Construction $8.6 million with DiPasquale Construction Inc. … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2022/07/state-contract-and-payment-actions-june