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DiNapoli: Great Demand For NYS General Obligation Bonds Allows State to Reduce Costs to Taxpayers
… or 6.3 percent of the par amount of bonds refunded. and - $10,160,000 of Series 2023D Taxable Bonds, which will finance … year. BofA Securities, Inc. was the Senior Book-Running Manager along with Ramirez & Co., Inc. as Co-Senior Manager, to sell the bonds on behalf of the State. …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-great-demand-nys-general-obligation-bonds-allows-state-reduce-costs-taxpayersDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… New York City is using the federal funds it received in the wake of the COVID-19 pandemic to … the shifting fiscal environment to use any remaining funds in ways that continue to boost recovery and avoid … billion in Coronavirus State and Local Fiscal Recovery Funds (SLFRF) for states, local and tribal governments with …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: Rochester Woman Pleads Guilty to Stealing $121,000 in Pension Checks Sent to Late Grandmother
… larceny in Monroe County Court before Judge Stephen T. Miller. She is due back in court for sentencing on March 7. …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-rochester-woman-pleads-guilty-stealing-121000-pension-checks-sent-late-grandmotherTown of Galen – Financial Management (2014M-341)
… management of financial operations and ambulance services for the period January 1, 2013 through June 12, 2014. … an elected five-member Town Board. Budgeted appropriations for 2014 totaled approximately $1.5 million. Key Findings The Town did not properly account for reserves within the operating funds that financed them …
https://www.osc.ny.gov/local-government/audits/town/2015/06/05/town-galen-financial-management-2014m-341Selected Aspects of Inactive Hazardous Waste Site Remediation Cost Recovery
… Purpose To determine whether the Department of Environmental Conservation (Department) has effective … and pursue parties responsible for the contamination of inactive hazardous waste sites. This audit covers the … as the State Superfund Program, in New York. The purpose of the Program is to identify, investigate, and remediate …
https://www.osc.ny.gov/state-agencies/audits/2015/01/22/selected-aspects-inactive-hazardous-waste-site-remediation-cost-recoveryXI.12.A Toll-Free Services – XI. Procurement and Contract Management
… public to contact them at no cost. The Office of General Services (OGS) negotiated statewide Comprehensive Telecommunications Services (CTS) contracts , which offer agencies a variety of telecommunication services, including toll-free service. Under these contracts, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12a-toll-free-servicesEnforcement of the Mitchell-Lama Surcharge Provisions
… if surcharges are being properly assessed at Mitchell-Lama housing developments supervised by Homes and Community Renewal’s Division of Housing and Community Renewal (DHCR). Our audit focused on … in 1955 to provide affordable rental and cooperative housing to middle-income families. A total of 269 …
https://www.osc.ny.gov/state-agencies/audits/2018/04/10/enforcement-mitchell-lama-surcharge-provisionsVoluntary Compliance Program
… compliance provides an opportunity for eligible holders of unclaimed funds to voluntarily report past due items. The Office of …
https://www.osc.ny.gov/unclaimed-funds/reporters/voluntary-compliance-programExamination of Procurement Card Payments
… Purpose The objective of our examination was to determine whether the Office for … State Finance Law requirements and guidance on the use of Procurement Cards (PCards) when purchasing $1.6 million in … over $50,000 in amount must be approved by the Office of the State Comptroller. State Finance Law §163 requires …
https://www.osc.ny.gov/state-agencies/audits/2018/03/09/examination-procurement-card-paymentsOperational Advisory No. 8
… an uncashed check will be turned over to the OSC Office of Unclaimed Funds if action is not taken to negotiate the payment or seek … via certified mail for any uncashed check greater than $1000 in February of the second year following check issuance. …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/8-state-check-outreachGreene County Industrial Development Agency – Management Practices (2013M-95)
… to September 4, 2012. Background GCIDA was established in 1972 and is governed by a Board which comprises six … audit period. Key Findings GCIDA entered into contracts in which we believe former GCIDA Board members had prohibited … we reviewed have not met their employment goals and one business did not comply with employment reporting …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/03/04/greene-county-industrial-development-agency-managementDual Membership in NYSLRS – Divorce and Your Benefits
… in one of the above Systems, the Domestic Relations Order (DRO) may be directed to the “New York State and Local … to receive pension benefits from both systems, but the DRO is applicable to only one membership, then the DRO must specifically identify the appropriate system. If a …
https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrsStay Informed – Career Plan
… Your retirement benefits are an important part of a solid financial plan. They can help you and your beneficiaries achieve financial … forms , read informative booklets and brochures , and get tips on preparing for retirement . Attend a …
https://www.osc.ny.gov/retirement/publications/1642/stay-informedViolating the Terms of a DRO – Divorce and Your Benefits
… If the member elects an option or designates a beneficiary in violation of a pre-existing DRO, separation agreement, or stipulation of settlement, the Comptroller, at their discretion , may … member failed to designate the ex-spouse as beneficiary for an available death benefit. Rev. 2/23 … NYSLRS pensions …
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droRetirement Estimates – Divorce and Your Benefits
… due to a member at retirement. Upon the member’s written request to NYSLRS’ Equitable Distribution Estimates Unit, NYSLRS will provide a one-time estimate of their Single Life Allowance retirement benefit … in the Albany, New York area). Rev. 2/23 … NYSLRS pensions are considered marital property and may be divided …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesSubmitting a DRO – Divorce and Your Benefits
… Law and Rules Section 2105. NYSLRS also requires proof of divorce, such as a copy of the parties’ judgment of divorce. Submit the DRO and a copy of the judgment of divorce to: NYSLRS Matrimonial Bureau 110 State Street Mail …
https://www.osc.ny.gov/retirement/members/divorce/submitting-droPark Accessibility for People With Disabilities
… 2015 to October 2022. About the Program The New York City (NYC or City) Department of Parks & Recreation (Parks or … spaces. Parks maintains about 30,000 acres of land (14% of NYC), including more than 5,000 individual properties, nearly … world-class sports events, and cultural festivals. NYC is home to 8.5 million people, including nearly 1 million …
https://www.osc.ny.gov/state-agencies/audits/2023/03/22/park-accessibility-people-disabilitiesAudit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract
… The Empire State Development Corporation (ESDC) spent $211 million on an … contract to promote economic development and tourism in New York state with no tangible results, according to an audit …
https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contractService Diversions for Maintenance and Capital Projects
… to scheduled track maintenance and capital projects and (2) adequately informed the riding public about service … 16, 2011. Background The LIRR is a constituent agency of the Metropolitan Transportation Authority (MTA), and … service between New York City and the suburban counties of Nassau and Suffolk. A "service diversion" takes place when …
https://www.osc.ny.gov/state-agencies/audits/2014/03/18/service-diversions-maintenance-and-capital-projectsAssessment and Collection of Selected Penalties
… and if it is determined that payment should have been made by the carrier, the law requires WCB to impose a $50 penalty …
https://www.osc.ny.gov/state-agencies/audits/2013/09/24/assessment-and-collection-selected-penalties