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DiNapoli: State Tax Collections Dip
… $19.8 billion fell short of projections for New York state in the first quarter of the state’s fiscal year (SFY), a … on a cautionary note,” DiNapoli said. “While it’s early in the year and tax collections may improve going forward, … primarily because of a $1.8 billion pension payment made in April that was paid later during SFY 2015-16. Other …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 … 31, 2018, the Fund had 36.4 percent of its assets invested in publicly traded domestic equities and 14.9 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli, Social Security Administration IG Ennis Announce Guilty Plea of Maryland Man for Stealing Deceased Mother’s Retirement Payments
… of Charles Alton Bump Jr. to two counts of felony theft for stealing $53,320 in payments from the New York State … Social Security Administration Office of Inspector General for their partnership in seeing that justice was served.” “This sentence holds Charles Bump accountable for deceiving the Social Security Administration so that he …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-social-security-administration-ig-ennis-announce-guilty-plea-maryland-man-stealing-deceasedDiNapoli: 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 the latest sales tax year (STY, March 2022 to February 2023), with leisure and hospitality sales on track to exceed pre-pandemic levels, according to a …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strengthNYS Common Retirement Fund Announces First Quarter Results
… of the state fiscal year 2015-2016 was 0.52 percent for the three-month period ending June 30, 2015, with an … New York's pension fund remains strong and well-positioned for the future with a smart, long-term investment strategy." … quarter of the state fiscal year 20152016 was 052 percent for the threemonth period ending June 30 2015 with an …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… In 1990, the US Congress enacted legislation (§1405(a) of … agencies should review expiring grant documents to ensure payments and disbursements are correctly posted to M-Year …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderDiNapoli: NYC Budget Benefits From Stronger Economy
… forecasts and billions in savings on debt service and pension contributions have helped New York City close its … and strong real estate markets. The city has added 425,000 jobs since the end of 2009 and employment now totals a record … three-quarters of its workforce. The city also reports that it is on track to achieve the health insurance savings …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyState Agencies Bulletin No. 2122
… Purpose The purpose of this bulletin is to inform agencies of the automatic system termination of … who have not received a paycheck since 12/31/2021, and to provide agencies instructions for the use of Reason Code ACV to identify employees who should not be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… Island Rail Road (LIRR) service to Grand Central Terminal for the first time, is expected to cost nearly $9 billion … DiNapoli also reported: The MTA’s current cost estimate for East Side Access is $8.25 billion, but that figure grows … new LIRR terminal below Grand Central Terminal accounts for more than one-quarter of the cost overrun, having grown …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetCUNY Bulletin No. CU-728
… of the February 2022 PSC $1,000 General Salary Increase for employees in the Assistant to Higher Education Officer … (EOC Assistant to HEO) titles, and to provide instructions for payments not processed automatically. Affected Employees: … to the Memorandum of Agreement between CUNY and PSC for the Term of 12/01/2017 – 02/28/2023, a $1,000 general …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalSelected Management and Operations Practices
… vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesV.3.F Projects – V. Chart of Accounts (COA) Governance
… have one or more funding sources, may occur across fiscal years and agencies, have defined beginning and end dates or … have one or more funding sources may occur across fiscal years and agencies have defined beginning and end dates or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3f-projectsDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… Having no heat or hot water is a hazard that is supposed to be addressed in 24 … 2014. Auditors reviewed supposed duplicate complaints from 25 buildings with 869 heat and hot water complaints made in … FY 2018 and 533 complaints made in FY 2019. For 24 of the 25 buildings, the complaints were incorrectly linked to a …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredCompliance With Executive Order 95 (Open Data)
… with Executive Order 95 (EO 95), including providing, in a timely manner, publishable State data to the Office of … publishable State data and make such data freely available in accessible formats for public use. As of July 2020, there … data to post on Open Data (most recent data was added in 2015). We found the data Parks has posted to Open Data to …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/compliance-executive-order-95-open-dataCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service
… rebate revenue related to Empire Plan drug utilization in accordance with its contract with the Department of Civil … averaged $2.4 billion per year during the contract period. In accordance with the contract, CVS Health was required to … period, Civil Service received more than $1 billion in commercial drug rebates (rebates exclusive of Medicare …
https://www.osc.ny.gov/state-agencies/audits/2020/08/21/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-serviceNYS Common Retirement Fund Reports Third Quarter Results
… of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and … of the State Fiscal Year SFY 202021 was 1001 percent for the threemonth period ending Dec 31 2020 and ended the …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… of the State Fiscal Year (SFY) 2020-21 was 6.24 percent for the three-month period ending Sept. 30, 2020, and ended … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and … of the State Fiscal Year SFY 202021 was 624 percent for the threemonth period ending September 30 2020 and ended …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Some NYC Schools Failing to Report Violent, Disruptive Incidents
… an audit of the New York City Department of Education (DoE) found it did not report hundreds of violent and … high rates of disruptive and violent incidents, and found: DoE failed to include more than 400 reportable incidents in … report with tDoE within 24 hours of its occurrence. The DoE’s Office of Safety and Youth Development determines which …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-some-nyc-schools-failing-report-violent-disruptive-incidentsOpinion 89-8
… its boundaries state lands assessed at more than ten per centum of the aggregate assessed valuation of the real …
https://www.osc.ny.gov/legal-opinions/opinion-89-8NYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was … has reached the $200 billion milestone, during a quarter in which returns exceeded the strong performance we saw at … since 2008. We take the long view of success, investing in ways that provide consistent returns and retirement …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-results