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DiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… in the market,” DiNapoli said. “We achieved a solid return on investments in the midst of global volatility thanks to our talented investment staff and our diversified asset allocation.” The … of retirement and mortality. The Fund’s long-term expected rate of return is 7.5 percent. Strong returns in recent years …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionFund Financial Data – 2023 Financial Condition Report
… Fund financial statements provide a short-term view of finances. As such, these statements only focus on the inflows and outflows of current financial resources— cash or liquid assets that … obligations (or will be soon). Funds represent sources of funding and spending for particular purposes. The General …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year 2022-23. For the three-month period … State Comptroller DiNapoli announced that the estimated value …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterState Agencies Bulletin No. 2411
… and Tax Statements postmarked no later than February 2, 2026. Undeliverable W-2s that cannot be delivered to the … for Direct Mailed W-2s were made available on January 16, 2026, in Control-D for agency review. To reimburse OSC for … Product: 315555 Payment must be received by February 20, 2026. When complete, please notify OSC by e-mail and provide …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2411-direct-mailed-form-w-2-agency-chargebackTown of Northampton – Financial Management and Internal Controls Over Town Clerk Receipts (2012M-233)
… of cash to liabilities. The method of providing ambulance services to the Town is unclear. The Town has not entered into any contract with a volunteer ambulance squad or individual volunteers to provide an independent ambulance service. Key Recommendations Adopt a policy and …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-northampton-financial-management-and-internal-controls-over-town-clerk-receiptsIV.5.A Operating and Other Transfers – IV. Accounting Codes - Uses and Descriptions
… GL BU balancing account used by the SFS Program. 60825 SW Trans to (FAR) GL BU balancing account used by the SFS Program. 60829 SW Trans To – OSC Use GL BU balancing account used by the SFS … account used by the SFS Program. 60850 Sole Custody Op Trans (To) GL BU balancing account used by the SFS Program. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5a-operating-and-other-transfersState Agencies Bulletin No. 2048
… the outreach and escheatment of uncashed payroll checks for calendar year 2021. Affected Employees Employees with one … are returned to OSC will be treated as a written request for reissuance of a payroll check. If responses are received … Office of Unclaimed Funds (OUF). Effective Dates Effective for payroll checks issued between January 1, 2021 and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2048-outreach-and-escheatment-2021-uncashed-payroll-checksUse of Federal Funding for Election Technology and Security
… Vote Act of 2002 (HAVA) to help reform the nation’s voting process. HAVA established minimum election …
https://www.osc.ny.gov/state-agencies/audits/2021/09/17/use-federal-funding-election-technology-and-securityTown of Lindley – Financial Management (2012M-226)
… did not develop and adopt accurate budgets that were based on realistic estimates of revenues and expenditures. Even … that was appropriated as a funding source was not used, taxes were unnecessarily levied, and the Town accumulated …
https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-lindley-financial-management-2012m-226Town of Lincoln – Financial Management (2013M-245)
… The Town of Lincoln is located in Madison County and has a population of approximately 2,000. The Town is … Town Board which consists of four elected Board members and an elected Town Supervisor. The Town’s 2012 operating … expenditures totaled $212,501 for the general fund and $332,686 for the highway fund. Key Findings As of …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-lincoln-financial-management-2013m-245Village of Spencerport – Financial Management (2013M-134)
… Purpose of Audit The purpose of our audit was to review the Village’s financial management practices for … Village officials have not adopted policies or procedures to govern budgeting practices or the level of unexpended surplus funds to maintain. Although the Board has been provided with …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134Akron Fire Department – Financial Activities (2014M-196)
… Erie County District Attorney’s Office, resulting in the arrest of three other individuals. In December 2019, one …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2020/04/10/akron-fire-department-financial-activities-2014m-196State Comptroller DiNapoli Releases Municipal Audits
… five years, and the water fund had an operating deficit in 2019. In addition, village officials did not develop a fund balance … Municipal Law’s financial filing and audit requirements. In addition, for seven consecutive years, an annual update …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-municipal-audits-0Town of Amherst – Recording Financial Activity and Fleet Management (2013M-199)
… for analyzing and documenting the cost/benefit of vehicle and equipment acquisition and replacement, formal … and documentation of all costs associated with each vehicle including maintenance, repairs and fuel usage. …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-amherst-recording-financial-activity-and-fleet-management-2013m-199Division of Housing and Community Renewal Bulletin No. DH-68
… and Community Renewal of OSC’s automatic processing of the October 2014 Rent Regulation Services Unit (RRSU) Performance … and DC-37, provides for payment of performance advances on October 1 to eligible RRSU employees based on the 2014 Salary Schedule. Effective Date(s) The October 2014 RRSU Performance Advances will be paid using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-68-october-2014-district-council-37-dc-37-rent-regulationDivision of Housing and Community Renewal Bulletin No. DH-76
… and Community Renewal of OSC’s automatic processing of the October 2015 Rent Regulation Services Unit (RRSU) Performance … and DC-37, provides for payment of performance advances on October 1 to eligible RRSU employees based on the 2015 Salary Schedule. Effective Date(s) The October 2015 RRSU Performance Advances will be paid using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-76-october-2015-district-council-37-dc-37-rent-regulationUnified Court System Bulletin No. UCS-242
… of absence, and in Bargaining Unit F8, G9, DR, SA, SD, SG, SK or SN, on 09/24/2014 are considered incumbents and are … of absence, and in Bargaining Unit F8, G9, DR, SA, SD, SG, SK or SN, on 03/31/2015 are considered incumbents and are … of absence, and in Bargaining Unit F8, G9, DR, SA, SD, SG, SK or SN, on 03/31/2016 are considered incumbents and are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-242-retroactive-salary-increases-bargaining-unit-drDivision of Housing and Community Renewal Bulletin No. DH-134
… increases to Location Pay and to provide instructions for payments not processed automatically. Affected Employees: … Agreement between the State of New York and DC37, provides for retroactive increases to Location Pay for April 2023 and April 2024. Effective Dates: The DC37 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-134-april-2023-and-april-2024-retroactive-increasesOpinion 2005-4
… “amounts from any other fund authorized by this chapter by resolution subject to permissive referendum” (emphasis added) … County v Town of Hempstead , 84 AD2d 557, 443 NYS2d 274 app dsmd 55 NY2d 921, 449 NYS2d 30 mot to dismiss granted 56 … of education within thirty days of the adoption of the resolution. Applying those petition procedures here, once the …
https://www.osc.ny.gov/legal-opinions/opinion-2005-4Opinion 91-52
… regarding a proposed local law which would establish a "county residents job policy" for county contracts. In pertinent part, the proposal would require any bidder on a county construction project to certify that (1) at least 50% … Concerning a proposed local law which would establish a county residents job policy for county contracts …
https://www.osc.ny.gov/legal-opinions/opinion-91-52