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DiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… component of which are office buildings , are expected to increase by 11.7% in FY 2023, reaching levels just short … 8%, allowing the city’s total overall market values to grow by nearly 8.2% and exceed pre-pandemic levels. “The … city revenues are likely to experience improvement upward when they are updated in the Mayor's preliminary budget plan, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleCost-Saving Ideas: Managing Workers' Compensation Costs
… counties may offer workers' compensation coverage to local governments located within the county. Monitor Your … or other appropriate official should review your bill to assess the accuracy of your employees' job classifications … to your liability. Prevent Accidents Prevention is the best way to save on workers' compensation costs and to keep …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-managing-workers-compensation-costsState Agencies Bulletin No. 1944
… on the Time Entry Interface File (NPAY502) using current pay period effective dates. Taxable amount for 2021 should be … in PayServ as soon as possible, but no later than Pay Periods 19-Lag and 20-Current for Institution agencies … Value of Personal Use (AC 3173) to OSC before January 3, 2022. Form AC3173, approved by OSC, is the only acceptable …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1944-procedures-reporting-taxable-value-personal-use-employer-providedOpinion 98-5
… interest in a contract if he or she submitted a bill to the county department of social services for payment of … an officer or employee who has any such powers or duties. When an interest is not prohibited, section 803 generally … that contracts for burial services are awarded in the best interests of the county. Finally, in 10 Opns St Comp …
https://www.osc.ny.gov/legal-opinions/opinion-98-5Accounting for Capital Assets
A municipality's inventory of capital assets often represents its most significant investment of resources. This session will cover the proper accounting for these valuable assets. We will also discuss best practices to ensure these assets are properly safeguarded from theft or loss.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-capital-assets-110624.pdfDiNapoli: New York City Continues to Rebound and Regain Share of State Economic Activity
… state’s total wages and its sales tax collections rising to 43% of total statewide collections, nearing pre-pandemic levels, according to a report released today by State Comptroller Thomas P. … driver of the state’s economic strength,” DiNapoli said. “When the COVID-19 pandemic hit, it brought much of the city’s …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-new-york-city-continues-rebound-and-regain-share-state-economic-activityDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… Thomas P. DiNapoli urged New York City officials to better prepare for financial downturns by evaluating the … law enabling the use of these funds, called on the city to define how these resources are accumulated and used. … for unexpected events and ensuring they are available when needed are sound fiscal policies,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… in New York state increased by 0.3% in January compared to the same month in 2023, according to data released today by State Comptroller Thomas P. … a nearly flat increase this January compared to last year when inflation was more than twice as high and New York …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli Issues Report on Public-Private Partnerships
… detailed procedures for the consideration of P3s to ensure full transparency and accountability; Develop staff expertise … state, focused on reducing costs to taxpayers; and Ensure full transparency and accountability for P3 projects, …
https://www.osc.ny.gov/press/releases/2013/06/dinapoli-issues-report-public-private-partnershipsMedicaid Program – Improper Supplemental Maternity Capitation Payments to Managed Care Organizations
… Objective To determine whether Medicaid made improper Supplemental Maternity Capitation Payments to managed care organizations. The audit covered the period … in termination or miscarriage; and $2.4 million was paid when the SMCP date of service preceded the birth by 1 to 6 …
https://www.osc.ny.gov/state-agencies/audits/2021/11/29/medicaid-program-improper-supplemental-maternity-capitation-payments-managed-careProcessing Retirement Applications – When Employees Retire
Notifications sent when employees file for retirement and instructions on submitting the Statement of Accrued Payments and Leave Credits form
https://www.osc.ny.gov/retirement/employers/when-employees-retire/processing-retirement-applicationsPension Payment Option Descriptions
… amount payable during your lifetime, with nothing payable to a beneficiary upon your death. Or, you may elect to … are available: Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment to you each month for …
https://www.osc.ny.gov/retirement/members/pension-payment-option-descriptionsOpinion 92-6
… -- Powers and Duties (checking accuracy of invoices prior to approval by town officer) GENERAL MUNICIPAL LAW, … and procedures for the procurement of goods and services when competitive bidding is not required). Payment for any … are awarded on the basis of favoritism, rather than in the best interests of the town. Therefore, if the repair …
https://www.osc.ny.gov/legal-opinions/opinion-92-6XII.5.F Payment Dates and Terms Overview – XII. Expenditures
… OVERVIEW AND POLICIES The purpose of this section is to provide guidance to agencies about important dates … MIR date for the amount of the contract payment due except when the required payment date is extended as described in … and is not initiated by an invoice, 9. the date that best represents the beginning of the payment cycle so the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5f-payment-dates-and-terms-overviewDiNapoli: Rochester Woman Arrested for Stealing $121K in Pension Checks Sent to Her Late Grandmother
… more than $121,000 in state pension checks that were sent to her deceased grandmother, New York State Comptroller … “Today’s arrest should serve as a warning that attempts to defraud our pension fund will be found and prosecuted,” … in December 1998, she received a monthly pension check. When she passed away in 2017, the state pension system was …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-rochester-woman-arrested-stealing-121k-pension-checks-sent-her-late-grandmotherOpinion 94-18
… -- Powers and Duties (conveyance for nominal consideration to private not-for-profit corporation) CONSTITUTIONAL LAW -- … of village real property for nominal consideration to not-for-profit corporation) REAL PROPERTY -- Conveyances … take steps to ensure that the conveyance is upon the best or most beneficial terms to the village (see, e.g., 1994 …
https://www.osc.ny.gov/legal-opinions/opinion-94-18DiNapoli: MTA Must Prioritize Safety and Service to Win Riders Back
… The Metropolitan Transportation Authority (MTA) continues to make progress on bringing back riders, but ridership … reliability and frequency — where the MTA can take steps to improve riders’ experience and encourage their return, to … of service generally peaked during the pandemic when there were the fewest riders before returning to …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-mta-must-prioritize-safety-and-service-win-riders-backDiNapoli: Service Delivery Critical to Ensure New York City’s Continued Recovery
… State Comptroller Thomas P. DiNapoli said today in remarks to the Association for a Better New York (ABNY). Sharp … as federal aid winds down, may test the city’s ability to respond to demands for critical services just as it is … positions, which resulted in the net decline at a time when budgets were under stress. However, attrition …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-service-delivery-critical-ensure-new-york-citys-continued-recoveryDiNapoli: More Needs to Be Done to Provide Mental Health Training to School Staff
… found they did not provide mental health training to all staff for the 2020-21 school year by Sept. 15, as … State Education Department (SED) regulations, according to a new report issued by State Comptroller Thomas P. … some or all the recommended components, including how to access crisis support and recognizing warning signs such …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-more-needs-be-done-provide-mental-health-training-school-staffDiNapoli Releases Profile of New York's Small Business Owners
… through the pandemic, entrepreneurs in New York continued to identify and pursue new opportunities, according to an analysis by State Comptroller Thomas P. DiNapoli. New … Over 80% cited flexible hours, work-life balance and the best avenue to promote their ideas as reasons. For 72% of New …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-owners