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New York's 529 College Savings Program Turns 20
… 529 College Savings Program, the popular college savings investment tool, is marking 20 years of helping New Yorkers … process, reduced fees, streamlined the age-based investment process, increased the maximum account balance to … Plan . The Vanguard Group, Inc., serves as the Investment Manager for the Direct Plan . Vanguard Marketing …
https://www.osc.ny.gov/press/releases/2018/12/new-yorks-529-college-savings-program-turns-20DiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good … meeting its energy efficiency targets for 2025, according to a report from New York State Comptroller Thomas P. … climate goals that these funds are used effectively to achieve the best outcome for New York’s energy consumers.” …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy and tax … in FY 2020 to $71.6 billion in FY 2025, faster than the rate (7%) for market values. If the pandemic had not …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli Op-Ed in City & State: NY ABLE Celebrates Seven Year Anniversary
… on Saturday (10/12) on the the importance of the NY ABLE program and efforts by his office to increase access to the … better known as NY ABLE. The program helps individuals with disabilities to maintain health, independence and … allow eligible individuals with disabilities to save money in their own name without risking their public …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-op-ed-city-state-ny-able-celebrates-seven-year-anniversaryDiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… are mounting. While public employers in New York annually pay contributions to pre-fund pensions, the same does not … retiree health insurance. The state and local governments pay the bill for health insurance every year on a … call this an unfunded liability, because there is no money being set aside now to cover these future costs. New …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-careDiNapoli: Billions Needed for Repairs to Local Bridges
… York State Comptroller Thomas P. DiNapoli. While the cost for repairs is staggering, DiNapoli’s report found the number … But concerns about how local governments will find funding for repairs is growing as Washington considers changes to … aid. "Local communities are facing a big price tag for maintaining and repairing bridges,” DiNapoli said. "These …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… Miami and San Francisco metropolitan areas according to a report released today by State Comptroller Thomas P. … at 14% of household spending. “Many New Yorkers struggle to make ends meet. While transportation costs in the New York … New Yorkers,” DiNapoli said. “City residents are fortunate to have a public transit system that operates around the …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentDivision of Housing and Community Renewal Bulletin No. DH-137
… of Understanding, employees are permitted to cash out up to 120 hours of accrued Over40 Comp Time II credits in … Over40 Comp Time II credits are eligible to cash out up to 120 hours once per year. Employees do not need to be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-137-2024-rrsu-over40-comp-time-ii-cash-outNew York State Comptroller Thomas P. DiNapoli Statement on Federal Tax Reform
… tax bill moving forward in Congress remains a bad deal for New York. "The cap on state and local tax deductions … further action, the bill would force significant cuts to Medicare and would eliminate numerous other programs, … generated approximately $1.1 billion in total long-term savings for the state. Local governments, school districts …
https://www.osc.ny.gov/press/releases/2017/12/new-york-state-comptroller-thomas-p-dinapoli-statement-federal-tax-reform-0East Meadow Union Free School – Overtime (2022M-118)
… Ensure all non-emergency overtime is preapproved in writing, properly documented and monitored. Adopt a … year. District officials disagreed with certain findings in our report. Appendix C includes our comments on issues officials raised in their response. … audit school east meadow …
https://www.osc.ny.gov/local-government/audits/school-district/2023/02/24/east-meadow-union-free-school-overtime-2022m-118DiNapoli: Local Sales Tax Collections Grew 5.1% in November
… season, with all regions seeing year-over-year increases for the month.” For November 2023, compared with November 2022: New York … reported sales by vendors. The next quarterly numbers (for October to December) will be available in January. Table …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-sales-tax-collections-grew-5-point-1-percent-in-novemberVillage of Tannersville – Water Department Operations (2016M-417)
… all necessary upgrades to bring the water infrastructure up to date. Develop written policies and procedures to ensure …
https://www.osc.ny.gov/local-government/audits/village/2017/05/05/village-tannersville-water-department-operations-2016m-417State Agencies Bulletin No. 1972
… at $6,500.00. Employees in this age bracket can defer up to $6,500.00 in addition to their regular contribution. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last … are not eligible to choose both the “Retirement Catch-Up” and the “50 and Over Catch-Up” in the same calendar year. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1972-deferred-compensation-maximum-contribution-limits-calendar-year-2022State Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget
… “New York City is contending with the devastating economic effects of the pandemic and the long road back to normal. Today, in releasing its preliminary 2022 budget, … steeper cuts to city services. The preliminary budget does not rely on additional direct federal relief or …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budgetState Agencies Bulletin No. 1877
… of this bulletin is to notify agencies of the following maximum contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2021: The regular yearly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1877-deferred-compensation-maximum-contribution-limits-calendar-year-2021Orange County Probation Department – Restitution Payments (S9-20-1)
… totaling $72,431 were properly followed up on as required. In addition, officials did not maintain an accurate list of … Appendix B includes our comments on issues raised in the County’s response letter. … Determine whether the …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/orange-county-probation-department-restitution-payments-s9-20-1Wyoming County Probation Department – Restitution Payments (S9-20-4)
… the court when a probationer violated the court order and disbursed victim restitution payments promptly and appropriately. Key Findings Department officials did not … entitled. Officials did not establish adequate policies and procedures to enforce and monitor restitution …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/wyoming-county-probation-department-restitution-payments-s9-20-4Putnam County Probation Department – Restitution Payments (S9-20-2)
… checks totaling $642 were not properly followed up on and officials did not make reasonable efforts to locate … Establish adequate written policies and procedures for enforcing and monitoring restitution obligations. Provide …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/putnam-county-probation-department-restitution-payments-s9-20-2Liberty Central School District – Information Technology (2022M-73)
… may not be understood and the District may pay for duplicated services. Ensure the IT contingency plan was …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/09/liberty-central-school-district-information-technology-2022m-73State Agencies Bulletin No. 1041
… to employees age 50 and over. These employees can defer up to $5,500 in addition to their regular contribution amount … employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” additional amounts deferred in the same year. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1041-deferred-compensation-maximum-contribution-limits-calendar-year-2011