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NYS Common Retirement Fund Reports Second Quarter Results

… clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy needs additional federal …

https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-results

DiNapoli: NYC Sales Tax Collections Strong Due to Tourism and Commuter Return, Fueling Statewide Strength

… New York City’s taxable sales grew by 18.1% in the first three quarters of … and 2020-2021 – the change of definition of “nexus,” or presence, from a physical location to a measure of sales … Reports Related to the New York City Economy Office Sector Retail Sector Tourism Industry Transportation and …

https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strength

DiNapoli: MTA Budget Gaps Return

… This is a very real and troubling possibility.” The MTA’s recovery from the pandemic relies on riders returning … for farebox revenue. While paid ridership in June 2024 was at about 70% of pre-pandemic numbers, it failed to … plan also does not yet factor in recent uncertainty for funding of its 2020-2024 capital program. The pause on …

https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-return

DiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments

… need to shore up their fiscal foundations,” DiNapoli said. “By focusing on ensuring structural budget balance, …

https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governments

DiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25

… Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, … Budget Financial Plan, according to the March State Cash Report released by New York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2024-25 were $11.1 billion (10.4%) higher than the …

https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25

30% New York State Initiative

… and healthy. The Department of Agriculture and Markets (AGM), through its Food and Nutrition Unit, administers the … and -processed food products. SFAs must apply to AGM annually to participate in the Initiative. Applications … the application. Beginning with the 2022-23 school year, AGM developed an audit function that included conducting a …

https://www.osc.ny.gov/state-agencies/audits/2025/10/16/30-new-york-state-initiative

DiNapoli: State's Cash Position is Strong

… than the same period last year, according to the August cash report released today by New York State Comptroller … state fiscal year is nearly half over, and the state’s cash position is strong,” DiNapoli said. “Settlements have … than a year earlier. DiNapoli's office issues a state cash report every month identifying actual state revenues …

https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strong

DiNapoli Releases July Cash Report

… Tax revenues through the first four months of the State’s … higher than the latest projections. “Personal Income Tax collections remain strong, and one-time settlement funds … to ensure the state’s fiscal picture stays on track.” Tax receipts of $25.3 billion through July 31 were 9.9 …

https://www.osc.ny.gov/press/releases/2015/08/dinapoli-releases-july-cash-report

DiNapoli: Rising Costs Hitting Homeowners & Renters Statewide

… at least 30 percent of their 2012 income for a place to live, according to a report released today by State … Comptroller Thomas P. DiNapoli. “Regardless of where they live, more New Yorkers are feeling pinched by rising housing … said. “When half your income goes to pay for a place to live, you are going to be stretched thin on other every day …

https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewide

DiNapoli: State Tax Revenues $3 Billion Below Last Year

… in DOB’s State Fiscal Year 2021 Mid-Year Update, issued Oct. 30. Tax receipts from the start of the state’s fiscal …

https://www.osc.ny.gov/press/releases/2020/12/dinapoli-state-tax-revenues-3-billion-below-last-year

XII.2 Expenditure Policies – XII. Expenditures

… made by the State and its departments prior to payment in order to prevent and detect fraud, waste, and improper … made by the State and its departments prior to payment in order to prevent and detect fraud waste and improper …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii2-expenditure-policies

State Agencies Bulletin No. 2285

… payroll offices of OSC’s automatic processing of the 2024 Year End Adjustments for Members of the NYS Legislature, and … received by Senate and Assembly members each calendar year must equal the amount of their statutory salary, provided the Member serves the entire year. The total regular earnings received by Members who …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2285-2024-year-end-adjustment-members-nys-legislature

State Agencies Bulletin No. 2081

… of the NYS Legislature who are paid using Comp Rate Code LEG in the following departments are affected: 04210 NYS … days actually served in the calendar year. In addition, if a Member on the Assembly Special Allowance payroll has an … their Special Allowance biweekly (paid as Comp Rate Code LEG) are eligible for the year end adjustment. Members paid …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2081-2022-year-end-adjustment-members-nys-legislature

State Agencies Bulletin No. 2172

… is to inform the New York State Senate and New York State Assembly payroll offices of OSC’s automatic processing of the … are affected: 04210 NYS Senate Members 04220 NYS Assembly Members 04320 NYS Assembly Special Allowance Background: Pursuant to Article 2, …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2172-2023-year-end-adjustment-members-nys-legislature

Holtsville Fire District – Financial Management (2025M-4)

… [read complete report – pdf] Audit Objective Did the Holtsville Fire District (District) Board of … balanced budgets based on historical data or known trends in which recurring revenues finance recurring expenditures. … The Board did not adopt budgets with reasonable estimates or …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/09/19/holtsville-fire-district-financial-management-2025m-4

West Irondequoit Central School District – Emergency Drills (2025M-85)

… sites. Evacuation is used in response to various building emergencies such as fire, gas leak, roof collapse or … cannot ensure that staff and students are prepared for emergencies. Additionally, without properly notifying parents … in recognizing and contributing to being prepared for emergencies. The report includes four recommendations that, …

https://www.osc.ny.gov/local-government/audits/school-district/2025/11/07/west-irondequoit-central-school-district-emergency-drills-2025m-85

Indian Lake Central School District – Lead Testing and Reporting (S9-25-16)

… needed remediation to reduce lead exposure in potable water outlets? Audit Period July 1, 2019 – September 30, 2024 … Services (BOCES) to test potable (i.e., consumable) water for lead, report the results and implement necessary … needed remediation to reduce lead exposure in all potable water outlets as required by NYS Public Health Law and …

https://www.osc.ny.gov/local-government/audits/school-district/2025/07/25/indian-lake-central-school-district-lead-testing-and-reporting-s9-25-16

Johnstown City School District – Lead Testing and Reporting (S9-25-15)

… and Boards of Cooperative Educational Services (BOCES) to test potable (i.e., consumable) water for lead, report the … results and implement necessary remediation. Testing and reporting for lead contamination began in 2016, and … to December 31, 2020 (extended to June 30, 2021 due to the COVID-19 pandemic). Cycle Three: January 1, 2023 to December …

https://www.osc.ny.gov/local-government/audits/school-district/2025/08/01/johnstown-city-school-district-lead-testing-and-reporting-s9-25-15

Village of Hudson Falls – Information Technology (2025M-10)

… Audit Summary The Village Board (Board) and officials did not establish adequate controls to safeguard IT systems … adequate IT policies or procedures. In addition, the Board did not develop and adopt an IT contingency plan to help … interruption in operations. For example, officials did not monitor employee Internet use. Although a June 2001 …

https://www.osc.ny.gov/local-government/audits/village/2025/04/25/village-hudson-falls-information-technology-2025m-10