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Borrowing Against Your Contributions – New Career Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsTown of Laurens - Budget Review (B4-14-21)
… is funded by estimated revenues of $370,880, appropriated fund balance of $116,905 and real property tax revenues of … Key Findings We project that the general town-wide fund will end the current fiscal year with a deficit fund balance of up to $21,000; Town officials did not …
https://www.osc.ny.gov/local-government/audits/town/2014/11/07/town-laurens-budget-review-b4-14-21DiNapoli: Identity Theft Cases Surged in New York in 2020
Identity thefts in New York surged during the pandemic with more than 67000 complaints filed statewide in 2020 which was 85 percent more than the previous year and more than four times the annual total from a decade earlier according to a report released today
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020Comptroller DiNapoli Releases Municipal Audits
… that the board did not properly plan for the funding of and spending from reserves. In addition, the board … Auditors determined that the administrator did not always get a professional appraisal for estate houses before listing … limit. Auditors caution the city that if property values do not increase, its ability to increase taxes may be reduced …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsCity of Long Beach – Budget Review (B20-7-3)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2020-21 fiscal year are … or resolve recommendations from our budget review issued in May 2019. Background The City of Long Beach, located in Nassau County, has been authorized to issue debt not to …
https://www.osc.ny.gov/local-government/audits/city/2020/05/13/city-long-beach-budget-review-b20-7-3State Comptroller DiNapoli Releases Municipal Audits
… and tax cap forms were not filed, as required. As a result, the board was unaware that the 2019 levy … in the tentative budget are reasonable. The town’s 2021 tentative budget includes a proposed tax levy of … clerks did not return unclaimed exonerated bail totaling $16,287 to the known payees or remit them to the town. In …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-municipal-audits-0About this Report – 2022 Financial Condition Report
… economic, and demographic information in an easy-to-understand format. The report also presents basic … the Office of the New York State Comptroller, and is meant to complement those other reports, not to replace them. Detailed accounting data can be found in …
https://www.osc.ny.gov/reports/finance/2022-fcr/about-reportCity of Lockport – Budget Review (B23-1-7)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation … and expected revenue models. However, City officials do not have historical ambulance services data to use to … model and potentially uncollectible ambulance service fees when estimating revenues. Be mindful of the legal requirement …
https://www.osc.ny.gov/local-government/audits/city/2023/11/03/city-lockport-budget-review-b23-1-7Financing Education in New York’s “Big Five” Cities
Financing Education in New York’s “Big Five” Cities
https://www.osc.ny.gov/files/local-government/publications/pdf/financingeducation.pdfDiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… the Metropolitan Transportation Authority (MTA) continues to plan to use borrowing techniques that push difficult financial … decisions into the future and could leave less money to pay for services, according to New York State Comptroller …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnVII.9 Overview – VII. State Revenues and Appropriated Loan Receivables
… and making payments from funds of the State are included in various statutes of the State. Generally these provide … rates should be directed to an agency’s DOB examiner. In some cases, the federal government may request the … a waiver, agencies should enter a new waiver request in SFS which, once approved at the agency level, will be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-overviewVII.9 Fringe Benefits and Indirect Costs – VII. State Revenues and Appropriated Loan Receivables
… Fringe Benefits and Indirect Costs will be paid from Federal and other dedicated revenue funds of the State. … authority for assessing, collecting and making payments from funds of the State are included in various statutes of … most recent Effective Dated Redirect row to the charges. Required Reports With the implementation of the FBIC …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-fringe-benefits-and-indirect-costsMedicaid Program – Medicaid Payments for Pharmacy Claims: Joia Pharmacy and a Related Prescriber
… oversight authorities of some of the matters addressed in this report. Subsequent to that review, we provided the … to matters addressing the Doctor’s prescribing activity for the period January 1, 2013 through June 30, 2016. Background The Department is responsible for …
https://www.osc.ny.gov/state-agencies/audits/2017/06/27/medicaid-program-medicaid-payments-pharmacy-claims-joia-pharmacy-and-related-prescriberExcessive Medicaid Payments for Services to Recipients Receiving Medicare Benefits (Follow-Up)
… this amount occurred because the Department did not ensure New York’s regulatory structure has kept pace with other states’ …
https://www.osc.ny.gov/state-agencies/audits/2013/04/26/excessive-medicaid-payments-services-recipients-receiving-medicare-benefits-followDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While the city’s economy is … and the City Council for increasing the city’s reserves in recent years.” Nationwide job growth during the first half … any year since 2010. The U.S. economy grew by 2.6 percent in 2015, but most economists expect growth to slow to less …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… presenting new fiscal cliffs. These are in addition to a number of budgetary risks DiNapoli has previously identified, …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeIX.2.B Terminology – IX. Federal Grants
… needed to fund immediate cash disbursements whereby checks have cleared the state’s bank account or EFT settlement … for projects. Federal Domestic Assistance Program is any program, activity, service, or project that is funded in … and laws. Suballocation of all or part of an award does not relieve the grantee of such responsibility. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix2b-terminologyDiNapoli: New Federal Funds Give New York a Chance To Expand Broadband, Close Digital Divide
… showed that reliable, high-speed internet is imperative for equality of opportunity. How New York utilizes this federal funding will set a critical path for our state’s digital future.” DiNapoli’s 2021 broadband … trends as rural regions may not generate enough revenue for the private sector to justify building the infrastructure …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-new-federal-funds-give-new-york-chance-expand-broadband-close-digital-divideState Comptroller DiNapoli Releases Municipal & School Audits
… employment agreement indicating he was not eligible to receive overtime payments. In addition, one employee was … were paid $26,297 for overtime without being required to seek preapproval per their CBAs or district policy. Town … records, and inadequate financial reports were provided to the board. As a result, the board lacked reliable records …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsSection 8 Housing Choice Vouchers – Federal Funding and New York
… cover a portion of rent, and participants may choose any housing that meets the requirements of the program. …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/section-8-housing-choice-vouchers