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CUNY Bulletin No. CU-279
… on the payroll register. The earnings description “HB Buyout” and the payment amount will appear on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-279-cuny-health-benefits-buy-out-waiver-program-payment-cycleState Agencies Bulletin No. 1200
… Purpose To inform agencies that earnings code CFR (CLEFR) will be used to process taxable fringe benefit CLEFR transactions for 2012 and explain how it will affect employee’s taxable income and withholdings Legal … paychecks dated December 5, 2012. OSC Actions OSC will process CLEFR transactions as submitted by GOER and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1200-certification-licensure-and-exam-fee-reimbursement-clefr-2012State Agencies Bulletin No. 1106
… Purpose To inform agencies that earnings code CFR (CLEFR) will be used to process taxable fringe benefit CLEFR transactions for 2011 and explain how it will affect employee’s taxable income and withholdings. Legal … paychecks dated December 7, 2011 OSC Actions OSC will process CLEFR transactions as submitted by GOER and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1106-certification-licensure-and-exam-fee-reimbursement-clefr-2011About Offering a Retirement Plan – What Every Employer Should Know
… Why offer a Retirement System plan to your employees? Being part of NYSLRS enables … attractive benefits package, including a defined benefit pension . With a defined benefit pension, employees can be assured of a lifetime benefit …
https://www.osc.ny.gov/retirement/employers/partnership/about-offering-retirement-planVillage of Morris – Fund Balance (2017M-58)
… was to evaluate the Village’s fund balance management for the period June 1, 2015 through February 1, 2017. … Board. General fund and water fund budgeted appropriations for 2016-17 were $477,785 and $153,000, respectively. Key … Use general and water surplus funds as a financing source for funding one-time expenditures, funding needed reserves …
https://www.osc.ny.gov/local-government/audits/village/2017/06/09/village-morris-fund-balance-2017m-58Village of Fleischmanns – Financial Condition and Clerk-Treasurer’s Duties (2017M-30)
… August 5, 2016. Background The Village of Fleischmanns is located in the Town of Middletown in Delaware County and has a population of approximately 350. The Village is governed by an elected five-member Board of Trustees. …
https://www.osc.ny.gov/local-government/audits/village/2017/06/23/village-fleischmanns-financial-condition-and-clerk-treasurers-duties-2017m-30DiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… during the first quarter of the state fiscal year gave way to declines in the second quarter,” DiNapoli said. “Our … been turbulent. This kind of volatility is why we have a long-term perspective with a well-diversified portfolio, … ensuring the strength of the fund for generations to come.” The Fund's value reflects retirement and death …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterFiscal Stress Monitoring System Statistics
… The Office of the New York State Comptroller’s (OSC) Fiscal Stress … since 2013, alerting communities across New York State of the fiscal challenges their local governments are facing. … in 2024. Included in the report is also a trend analysis of the data collected on FSMS non-filing local governments. …
https://www.osc.ny.gov/local-government/fiscal-monitoring/fiscal-stress-monitoring-system-statisticsNew York State Comptroller DiNapoli Statement on Governor Signing Legislation to Restore Contract Review Authority
… playing field for vendors. By signing this legislation Gov. Hochul has taken a tremendous step to bring more …
https://www.osc.ny.gov/press/releases/2022/12/new-york-state-comptroller-dinapoli-statement-governor-signing-legislation-restore-contract-reviewXI.11.H Early Pay Discounts for Procurement Contract Purchases – XI. Procurement and Contract Management
… Agencies are encouraged to request early pay discounts from contract vendors when feasible. If early pay discount terms are included in a contract, the awarding … note: Although agencies are encouraged to request early pay discounts whenever feasible, they should not be used as a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11h-early-pay-discounts-procurement-contract-purchasesIX.7.F M-Year Legislation – IX. Federal Grants
… Most federal grant award funding has a limited period of … These are considered M-Year grants. For example, a federal grant award with a one-year grant period of October … of obligated balances, any undisbursed balances of federal grant awards are withdrawn by the federal awarding …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7f-m-year-legislationCortland Enlarged City School District – Oversight of Financial Operations (2012M-230)
… Background The Cortland City School District is located in the City of Cortland and five towns in Cortland County. The District is governed by the Board of … As a result, the District lost out on at least $52,000 in reimbursement revenues due. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operationsPress Conference on the Flushing Snapshot Report
… socially distanced press conference to discuss his report on the economic health of the greater Flushing area in … available below. Select the play icon to start. Follow us on Instagram , Facebook and Twitter for photos from the … a half later, Flushing is seeing signs of strong recovery, on both a public health and economic level in part due to …
https://www.osc.ny.gov/events/flushing-snapshotPlattsburgh Public Library – Circulation Desk Cash Receipts (2015M-8)
… the Library’s internal controls over circulation desk cash receipts for the period of January 1, 2013 through … policy that contains procedures related to collecting cash receipts at the circulation desk, the procedures were … not establish which employees were authorized to collect cash receipts or the processes for determining accountability …
https://www.osc.ny.gov/local-government/audits/library/2015/04/03/plattsburgh-public-library-circulation-desk-cash-receipts-2015m-8Seymour Public Library District – Over-the-Counter Cash Receipts (2015M-102)
… April 27, 2015. Background The Seymour Public Library District is located in the City of Auburn, Cayuga County and … Fleming that are within the Auburn Enlarged City School District. The Library is governed by an elected nine-member … Seymour Public Library District OvertheCounter Cash Receipts 2015M102 …
https://www.osc.ny.gov/local-government/audits/library/2015/07/24/seymour-public-library-district-over-counter-cash-receipts-2015m-102North Shore Public Library – Financial Condition (2013M-344)
… audit was to evaluate the Library’s financial condition for the period of July 1, 2012 through June 30, 2013. … Central School District and all of the Rocky Point Union Free School District and serves approximately 28,000 … Key Recommendations Develop a policy that addresses the maintenance and expected use of fund balance. Return the …
https://www.osc.ny.gov/local-government/audits/library/2014/03/28/north-shore-public-library-financial-condition-2013m-344Town of Sweden – Justice Court (2014M-318)
… segregated the duties of their clerks. The clerks prepare monthly bank reconciliations and accountability analyses. However, the Justices do not regularly review them. The clerks have developed their … cases to be reported to the scofflaw program, but do not use the report that includes all tickets pending for …
https://www.osc.ny.gov/local-government/audits/justice-court/2015/02/20/town-sweden-justice-court-2014m-318Town of Saugerties – Information Technology (2015M-117)
The purpose of our audit was to determine whether the Towns IT assets were adequately safeguarded for the period January 1 2014 through February 28 2015
https://www.osc.ny.gov/local-government/audits/town/2015/08/07/town-saugerties-information-technology-2015m-117Village of Pomona – Financial Condition (2015M-272)
… through July 10, 2015. Background The Village of Pomona is located in the Towns of Haverstraw and Ramapo in Rockland … Village, which has a population of approximately 3,100, is governed by a Village Board. The general fund’s budgeted …
https://www.osc.ny.gov/local-government/audits/village/2015/12/31/village-pomona-financial-condition-2015m-272XIII.12 Procedure for Reporting Taxable Employee Expense Reimbursements for Prior Open Tax Years – XIII. Employee Expense Reimbursement
… how to process adjustments to an employee’s taxable income for prior tax years in order to comply with Internal Revenue … need to make adjustments to an employee’s taxable wages for prior tax years. This may occur if a Business Unit did … value, resulting in an inaccurate calculation or reporting for the tax year of payment. Process and Document Preparation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii12-procedure-reporting-taxable-employee-expense-reimbursements-prior-open-tax-years