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DiNapoli: Wall St. 2021 Profits near Record Levels
… run of prosperity extended into the first half of 2021 with $31 billion in pre-tax earnings, beating 2020’s outsized … of jobs. In 2021, job losses appear to have accelerated with the industry on pace to lose 4,900 jobs. By contrast, … forecast a 5.1% gain in securities employment in 2021, with the addition of 9,200 jobs. This year the nation is on …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsState Contract and Payment Actions in June
… In June, the Office of the State Comptroller approved 896 contracts for state … Associates Inc. for employee assistance services. Department of Environmental Conservation $1.5 million with … to support the COVID-19 pandemic response. Department of Corrections and Community Supervision $2.1 million for …
https://www.osc.ny.gov/press/releases/2020/07/state-contract-and-payment-actions-juneState Contract and Payment Actions in March
… State Park in Albany County. State University Construction Fund $11.9 million with Mengler Mechanical Inc. for HVAC …
https://www.osc.ny.gov/press/releases/2024/05/state-contract-and-payment-actions-marchDiNapoli Report Finds Big Five School Districts' Use of Pandemic Aid Reflects Different Priorities
… younger children, the city has yet to identify how it will pay for the entirety of the program’s expected $752 million …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-report-finds-big-five-school-districts-use-pandemic-aid-reflects-different-prioritiesControls and Management of the Unemployment Insurance System
… and to comply with selected portions of the New York State Information Security Policy and Standards. The audit … law. In March 2020, Executive Order 202.8 – New York State on PAUSE – directed the temporary closure of all …
https://www.osc.ny.gov/state-agencies/audits/2022/11/15/controls-and-management-unemployment-insurance-systemDiNapoli Report Highlights MTA's Significant Needs
… A report released today by New York State Comptroller Thomas P. DiNapoli examines the … made possible by the opening of service into Grand Central Madison. Metro-North Railroad The latest Needs Assessment …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsDepartment of Labor Examination of Unemployment Insurance Benefit Payments January 1, 2017 – December 31, 2017
… on the overpayments identified, DOL assessed $1,852,169 in penalties to claimants who made false statements or … not entitled. We also worked with DOL to offset $204,464 in UI benefit payments against penalties assessed for overpayments we identified, recover $426,637 in overpayments owed by State employees and identify an …
https://www.osc.ny.gov/state-agencies/audits/2018/11/19/department-labor-examination-unemployment-insurance-benefit-payments-january-1-2017Overview – Divorce and Your Benefits
… of divorce. A DRO gives NYSLRS specific instructions on how benefits should be divided. It is important for members to understand the impact a DRO might have on their benefits. The information in this presentation is not intended to be a substitute for New York law or the rules and regulations governing NYSLRS, which may …
https://www.osc.ny.gov/retirement/members/divorce/overviewSecurity Over Critical Information Systems (Follow-Up)
… in our initial audit report, Security Over Critical Information Systems (Report 2016-S-69 ). Background Our … over critical State Education Department (Department) information systems were sufficient to minimize the various …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/security-over-critical-information-systems-followCriminal History Background Checks of Unlicensed Health Care Employees (Follow-Up)
… examined whether the Department of Health (Department) effectively oversaw and monitored efforts by Nursing Homes, …
https://www.osc.ny.gov/state-agencies/audits/2018/11/20/criminal-history-background-checks-unlicensed-health-care-employees-followOversight of Persons Convicted of Driving While Intoxicated (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, Oversight of Persons Convicted … of Driving While Intoxicated ( 2015-N-2 ). Background In New York City, persons convicted of DWI who are sentenced … Key Finding The Office has made significant progress in addressing the issues identified in our initial report. Of …
https://www.osc.ny.gov/state-agencies/audits/2018/11/29/oversight-persons-convicted-driving-while-intoxicated-followMedgar Evers College – Controls Over Bank Accounts (Follow-Up)
… in 2008. However, CUNY Central did not have any of the required notification forms for these accounts. Additionally, … also found that of 54 payments (totaling $810,608) paid from six judgmentally selected bank accounts, 26 payments …
https://www.osc.ny.gov/state-agencies/audits/2017/11/29/medgar-evers-college-controls-over-bank-accounts-followState Agencies Bulletin No. 1704
… Purpose To notify agencies of an automatic Dues increase for certain … Dues amounts for employees who receive an increase to base salary, Increment or Longevity Pay with an effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1704-civil-service-employees-association-csea-local-1000-dues-increaseCity of Fulton – Fiscal Stress (2013M-310)
… of our audit was to review the City’s financial condition for the period January 1, 2012, to May 31, 2013. Background … The Common Council is the legislative body responsible for managing City operations. The City’s budgeted … results for the fiscal years 2010 through 2012 and found that the Council adopted realistic budgets. The …
https://www.osc.ny.gov/local-government/audits/city/2013/11/22/city-fulton-fiscal-stress-2013m-310State Agencies Bulletin No. 1522
… income. Affected Employees Employees who participated in the PEF or CSEA Certification, Licensure and Exam Fee … CLEFR amount will be reported on the employee’s Form W-2 in box 14 under code FRB . Payroll Register and Employee’s … are informed of the taxability upon enrollment in the program. Questions Questions regarding this bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1522-certification-licensure-and-exam-fee-reimbursement-clefr-2016Contract Advisory No. 12
… Subject: The Office of the State Comptroller (OSC) recently completed development of a new system, “e-Documents,” that enables the … Pointers provides additional information on this change and gives a high-level overview of OSC forms, …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/12-electronic-contracting-grants-gateway-transactionsState Agencies Bulletin No. 1494
… Purpose To notify agencies of an automatic dues increase. Affected Employees Employees … in Management/Confidential positions who are members of OMCE Background The dues structure for the Organization of New York State Management/Confidential Employees, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1494-organization-new-york-state-managementconfidential-employeesOutstanding Violations (Follow-Up)
… As a result, some Class 1 violations remained open for as long as six months before the Department followed up …
https://www.osc.ny.gov/state-agencies/audits/2014/10/15/outstanding-violations-followSagaponack Common School District - Fund Balance Management (2018M-53)
… budgets with appropriations that are realistic and based on historical trends or other known factors. Review reserves … to take corrective action. Appendix B includes our comment on an issue raised in the District’s response letter. … …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/13/sagaponack-common-school-district-fund-balance-management-2018m-53Mount Vernon Industrial Development Agency – Project Approval and Monitoring (2013M-364)
… as signed leases, and one project application were not on file. Officials did not adequately monitor projects to … toward their goals. Officials did not impose penalties on businesses in cases where projects failed to create or …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/04/18/mount-vernon-industrial-development-agency-project-approval