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Opinion 2010-2
… In that case, the City of New York was selling two public radio stations. The City's decision to sell the stations to a … it would perpetuate the "unique character and value of the radio stations by providing precisely the same non-commercial …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2City of Lockport – Budget Review (B22-1-8)
… liquidate the accumulated deficits in the City’s general, water, sewer and refuse funds as of December 31, 2013. The … For 2022, City officials project an operating loss in water fund. City officials estimate unrestricted fund balance … and make adjustments as needed throughout the year. Assess what fund balance is reasonable for their situation, …
https://www.osc.ny.gov/local-government/audits/city/2022/11/04/city-lockport-budget-review-b22-1-8City of Yonkers – Budget Review (B24-6-7)
… [read complete report – pdf] Purpose of Budget Review The purpose of our … determined that the City’s adopted budget for fiscal year 2024-25 and the related justification documents are in … of the City’s total outstanding debt has increased the annual debt service obligations by $23.4 million, or 30.2 …
https://www.osc.ny.gov/local-government/audits/city/2024/07/12/city-yonkers-budget-review-b24-6-7Opinion 89-61
… of village justice does not exist, the town justice court for the town in which the village is located has jurisdiction … a general rule, all moneys raised by real property taxes for town purposes must be raised by taxes levied on the whole … Legislature by statute requires or permits moneys raised for any given expenditure to be raised from taxes levied only …
https://www.osc.ny.gov/legal-opinions/opinion-89-61Local Government – 2021 Financial Condition Report
… Real Property Taxes and Sales Taxes Are Major Local Revenue Sources Real property taxes remain the single largest source of local government revenue in the State, accounting for $36.6 … or 43 percent, of the $85 billion in total revenue from local fiscal years ending in 2019 (not including New York …
https://www.osc.ny.gov/reports/finance/2021-fcr/local-governmentDiNapoli: School District Tax Levy Cap Below 2 Percent
… for the 2020-2021 fiscal year, down from a 2 percent cap in each of the two previous years, according to data released … with fiscal years starting July 1, 2020 including the “Big Four” cities of Buffalo, Rochester, Syracuse and Yonkers. … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-school-district-tax-levy-cap-below-2-percentDraft a DRO Using the NYSLRS Template – Divorce and Your Benefits
… Benefits information and the appropriate publication for the member’s tier and retirement plan should be carefully … For assistance in enabling JavaScript for your specific browser, go to Activate JavaScript . Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/draft-dro-using-nyslrs-templateSelected Management and Operations Practices
… supported. Background NYPA began Energy Efficiency (EE) programs for its government customers in New York City … 1994. As of April 9, 2015, NYPA financed $1.8 billion in EE projects, which it claims will produce savings of $103.3 … and reported savings of $44.8 million. Key Finding EE savings in NYPA’s April 9, 2015 report were not always …
https://www.osc.ny.gov/state-agencies/audits/2016/08/01/selected-management-and-operations-practicesOpinion 99-4
… feasibility study of expanding the town's municipal water service to help attract industrial or economic development, … or by necessary implication therefrom (see, e.g., Civil Service Forum v New York City Transit Authority , 4 AD2d 117, …
https://www.osc.ny.gov/legal-opinions/opinion-99-4State Comptroller DiNapoli Releases Municipal & School Audits
… property tax collections within required timeframes or in a timely manner; remit real property tax collections totaling … for sufficient budget appropriations, which could result in budget lines being overspent; 58 totaling $1.6 million did …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-auditsVillage of Hempstead -- Budget Review (B7-15-7)
… of May 31, 2005. Local Finance Law Section 10.10 requires all local governments that have been authorized to issue … The Village’s proposed budget includes the use of $500,000 from the tax stabilization reserve to lessen the real …
https://www.osc.ny.gov/local-government/audits/village/2015/04/10/village-hempstead-budget-review-b7-15-7Rockland County – Court and Trust Funds (2019M-45)
… appropriate controls to safeguard and account for court and trust funds for the period January 1, 2013 through … Commissioner of Finance, County Clerk and Surrogate’s Court are responsible for maintaining up-to-date and complete records for court and trust funds and abandoned property. Pursuant to New …
https://www.osc.ny.gov/local-government/audits/court-and-trust/2019/05/24/rockland-county-court-and-trust-funds-2019m-45Tax Cap Compliance
Find information on Tax Cap Compliance below
https://www.osc.ny.gov/local-government/property-tax-cap/tax-cap-complianceOpinion 90-39
… Sonmax v City of New York , 43 NY2d 253, 401 NYS2d 173; Mobil Oil v Town of Huntington , 85 Misc 2d 806, 380 NYS2d 466; … 406 NYS2d 938, affd 48 NY2d 746, 422 NYS2d 612; Mobile Oil Corporation , supra ). The duty to provide fire …
https://www.osc.ny.gov/legal-opinions/opinion-90-39Opinion 89-37
… government in order to carry on the business of collateral loan broker. In addition, a licensed collateral loan broker must file a registration statement with the State … would constitute the conduct of business as a collateral loan broker within the meaning of article 5 of the General …
https://www.osc.ny.gov/legal-opinions/opinion-89-37State Comptroller DiNapoli Releases Municipal Audits
… and Water Conservation District and the City of Yonkers . "In today's fiscal climate, budget transparency and … were approved before payment or for proper purposes. In addition, auditors found the village began to effectively … enforce the collection of delinquent real property taxes in March 2016, but $172,900 remains outstanding as of Feb. …
https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Tax Cap Remains Below One Percent in 2017
… towns, fire districts, 44 cities and 10 villages. "In what is becoming the norm, New York’s local governments … cap, which first applied to local governments beginning in 2012, limits tax levy increases to the lesser of the rate … the tax cap. The 2017 fiscal year is the fourth year in a row that local governments have had their levy growth …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-tax-cap-remains-below-one-percent-2017Lakeville No. 2 Fire District – Oversight of Financial Operations (2013M-25)
… Background The Lakeville No. 2 Fire District is a district corporation of the State, distinct and separate from the Town … members and expenditures totaling $22,010 for a storage building on Department property were not permissible by law. … operating within its legal authority. Recover the cost of building the building on Department property or consider …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/05/17/lakeville-no-2-fire-district-oversight-financial-operations-2013m-25State Agencies Bulletin No. 738
… code. Affected Employees Employees in Bargaining Units 01 and 21 represented by NYSCOPBA Effective Date(s) … the Metropolitan Property and Casualty Insurance Company Call Center at 1-800-GET-MET8. Questions regarding this …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/738-new-deduction-code-538-metropolitan-propertycasualtyOpinion 2007-4
… fund to be used over the course of several fiscal years to finance appropriations for the consideration due under annual … also requires moneys in the general fund to be used to finance appropriations for the current fiscal year (Village … the proceeds of unneeded village real property sales to finance appropriations for annual ambulance services …
https://www.osc.ny.gov/legal-opinions/opinion-2007-4