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NYS Common Retirement Fund Reports Second Quarter Results
The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year 20182019 was 347 percent for the threemonth period ending September 30 2018 with an estimated value of $2132 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsDivision of Housing and Community Renewal Bulletin No. DH-25
… budgeted as per diem but paid as FEE. OSC Actions After payroll processing for Pay Period 1L is completed, OSC will … only if the employee was subsequently returned to the payroll in an eligible bargaining unit. Rows will be inserted … Questions regarding this bulletin may be directed to the Payroll Audit mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-25-april-1-2007-salary-increase-employees-represented-rentVillage of Canisteo - Clerk Treasurers' Records and Reports (2018M-243)
… basis of accounting. Accounting records were not adequate to properly monitor the Village’s financial condition and … monthly financial reports of receipts and disbursements to the Board. Key Recommendations The Clerk-Treasurer should: … basis of accounting. Provide monthly financial reports to the Board. Village officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/village/2019/04/05/village-canisteo-clerk-treasurers-records-and-reports-2018m-243DiNapoli Releases May State Cash Report
… lower than projected through May 31. The General Fund closing balance totaled $4.5 billion, nearly $2 billion …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-releases-may-state-cash-reportTown of Highlands – Water and Sewer Funds’ Financial Condition (2021M-152)
… was negative $370,229 and the water fund owes $490,922 to other funds. Loans from other funds were not repaid by the … information available for revenues and expenditures to ensure the water and sewer funds remain self-sufficient. … generally agreed with our findings and indicated they plan to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/town/2022/01/21/town-highlands-water-and-sewer-funds-financial-condition-2021m-152DiNapoli Releases Mid-Year State Cash Report and Review
… earlier, or $2.7 billion, primarily because of Medicaid, school aid and the timing of certain payments. Receipts … DiNapoli has created several tools to allow the public to better track government spending, contracts and …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-releases-mid-year-state-cash-report-and-reviewMember Contributions
… Whether a member contributes, and how much, depends on their tier . However, exceptions may apply to some members … or the Police and Fire Retirement System (PFRS), depending on their retirement plan. Tier 6 ERS and PFRS Tier 6 … offer a non-contributory 20- or 25-year plan was in effect on January 9, 2010, any new employees who joined while that …
https://www.osc.ny.gov/retirement/employers/member-contributionsDiNapoli: State's Cash Position is Strong
… first five months fell $357.5 million primarily because of lower personal income tax (PIT) collections in April. Total … billion), to $23.4 billion, which was $610.2 million lower than projected. The General Fund closing balance …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strongCity of Dunkirk – Budget Review (B24-1-10)
… an independent evaluation of the City’s proposed budget for 2025. Background Chapter 5 6 of the Laws of 2024, Part … the Fiscal Affairs Officer must submit the proposed budget for the next succeeding fiscal year to the State Comptroller … no later than 30 days before the date scheduled for the City Council’s vote on the adoption of the final …
https://www.osc.ny.gov/local-government/audits/city/2024/11/27/city-dunkirk-budget-review-b24-1-10DiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… and waterfronts, are at an all-time high, but spending in future years is expected to require additional resources … DiNapoli said. "Historic high levels of EPF spending in recent years underscore the fund's vital role in preserving the environment for all New Yorkers. We must …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentDiNapoli: New Jersey Man Pleads Guilty to Embezzling From a Decedent's Estate for Which He Was Court-Appointed Administrator
… count of wire fraud, which carries a maximum sentence of 20 years in prison. The maximum potential sentence is …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-new-jersey-man-pleads-guilty-embezzling-decedents-estate-which-he-was-court-appointedReview of the Financial Plan of the City of New York, December 2022
New York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4, after transfers, but City finances could come under pressure amid a slowing economic recovery and an increase in demand for City services.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-14-2023.pdfOvertime and Other Time and Attendance Matters Found in the Use of Certain Federal Funds
… and passenger safety. Key Recommendations Improve the control environment to promote accuracy in reporting staff … they are only paid for overtime hours worked. Monitor the number of hours employees work consecutively without an … Metropolitan Transportation Authority: Management and Control of Employee Overtime Costs (2009-S-88) Metropolitan …
https://www.osc.ny.gov/state-agencies/audits/2014/01/24/overtime-and-other-time-and-attendance-matters-found-use-certain-federal-fundsDiNapoli Releases Bond Calendar For First Quarter
… P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City, and their major public authorities during the first quarter of 2017. The planned sales of $4.27 billion … Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state New York City and their …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-bond-calendar-first-quarterElecting the Section 383-e or 383-f Retirement Plan – Special 20- and 25-Year Plans
… one of these plans, if you are: Planning to retire in the near future. Considering transferring or reinstating a … For members who were already in an eligible title as of July 1, 2025 , the deadline to elect is June 30, 2026 . For members who transfer or are promoted into an …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/electing-section-383-e-or-383-f-retirement-planService Credit Purchase Payments – Legacy Reporting
… transfer from an eligible retirement tax-sheltered plan or account (this method can only be used for the purchase of …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/service-credit-purchase-paymentsDivorce – State Police Plan
… ends. This means that: Your ex-spouse may be entitled to a portion of your pension. You may be required to name … is a legal document that gives us specific instructions on how your retirement benefits should be divided when you … designations made by retirees who chose the Single Life Allowance option or certain alternative options may also …
https://www.osc.ny.gov/retirement/publications/1518/divorceDivorce – Special 20- and 25-Year Plans
… ends. This means that: Your ex-spouse may be entitled to a portion of your pension. You may be required to name … is a legal document that gives us specific instructions on how your retirement benefits should be divided when you … Survivor’s benefit for retirees who choose the Single Life Allowance pension payment option; and Certain …
https://www.osc.ny.gov/retirement/publications/1517/divorceVillage of Pittsford – Audit Follow-Up (2017M-51-F)
… (Board), which is composed of four Trustees and the Mayor. The Village’s annual budget for the 2016-17 fiscal …
https://www.osc.ny.gov/local-government/audits/village/2021/02/12/village-pittsford-audit-follow-2017m-51-fSelected Aspects of Collection of Bridge and Tunnel Tolls and Fees (Follow-Up)
… or OTG tolls) or uncollected ($2.3 in OTG tolls and $3.6 in Deferred Tolls). We determined that major portions of the uncollected tolls resulted from issuing OTG tags to motorists who then used the 65,561 … each week after the initial introductory period. In 23 weeks in 2016, TBTA submitted 225 plates for registration …
https://www.osc.ny.gov/state-agencies/audits/2019/10/15/selected-aspects-collection-bridge-and-tunnel-tolls-and-fees-follow