Search
DiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… 16 foundations have not been audited by the SUNY administration since at least 2007. In addition, auditors … 2016, without success. DiNapoli's auditors noted that SUNY administration could improve its risk assessment process to … to state salaries. Auditors found neither foundations' payroll-related policies included provisions to ensure the …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… opportunities and the nimbleness to take advantage of them on a timely basis,” DiNapoli said. “Identifying new … the $180.7 billion Fund and GSAM will initially focus on dynamic manager selection opportunities in global equities … provide the Fund with improved analytics and reporting on its portfolio and enhanced evaluation and due diligence on …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… State tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than … Overall tax collections totaled $18.6 billion through the first quarter, representing a decline of $1.2 billion or 6.1 … last year. All Funds spending totaled $41.1 billion in the first quarter of the fiscal year, approximately $3.1 billion …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… stress initiative which is focusing greater attention on the issues that contribute to the financial pressures on local governments and school districts across the state. …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … budget cuts and slower economic growth, according to a report released today by New York State Comptroller Thomas …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… New York State Comptroller Thomas P. DiNapoli today announced … treasurer of the Morley Volunteer Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and … 2023. “Ms. Perkins diverted money meant to protect her community to line her own pockets,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… and on-time transit system.” The state’s increase in the payroll mobility tax will provide the MTA with $1.1 billion …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… both the opportunities that public-private partnerships offer as well as the underlying financial risks associated … enable the state to move forward with much-needed capital projects, there are four underlying financial risks …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedState Agencies Bulletin No. 2059
… inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an … vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2022. Affected … method. The amount of the taxable value is not considered salary for the purposes of computing retirement benefits. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: LIRR On-Time Performance Falls Short
… the first quarter of 2017. Recent derailments at Penn Station have brought attention to the role played by Amtrak, … an unauthorized person on the tracks, equipment failure, police investigations, and issues arising from Amtrak, which … Yorkers. Read the report , or go to: http://www.osc.state.ny.us/osdc/rpt1-2018-lirr-performance.pdf For access to state …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortDiNapoli Releases Analysis of State Financial Plan
… fiscal footing. Making deposits to the rainy-day reserves on or ahead of schedule may help prevent disruptions in … on high-income taxpayers; these taxpayers typically have income from more volatile sources, such as capital … level of reserves would have a significant stabilizing effect on the state’s long-term finances, and would reduce …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: New York City's Budget Outlook Improves
… cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education and social services remain … The January Financial Plan identified increased revenue from business, personal income, and property taxes. Tax …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) today stands on firmer financial ground, largely because …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backState Agencies Bulletin No. 2159.1
… No. 2159 . Purpose: The purpose of this bulletin is to inform agencies of the procedures and provide instructions … is reportable on the employee’s Form W-2 and is subject to income and employment taxes. Effective Dates: Effective … is not considered salary for the purposes of computing retirement benefits. Employee’s Paycheck/Advice: Earnings …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
Almost three million New York households are dealing with housing costs that consume more than 30 of their household income with 1 in 5 households experiencing a severe cost burden of more than 50 of their income going to pay for housing according to a report
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Agencies Bulletin No. 2159
… This bulletin is superseded by Payroll Bulletin No. 2159.1 . Purpose: The purpose of this … agencies and Pay Periods 18-Lag and 19-Current for Administration agencies to ensure the appropriate taxes are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: NYC Financial Plan Improved From June
… to rise to $109.4 billion (adjusted from $104 billion after surplus transfers), reflecting continued improvement in … delivery amid changing staffing trends, and building up reserves should enable the city to better insulate itself … due to unanticipated federal grant funds. The plan also does not yet include more than $1.4 billion in already …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneComptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… York school districts had inappropriate computer access to sensitive student data and were able to change student grades and attendance records without … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesPension Fund Makes Progress on Board Diversity
… Group Inc. 2015 eBay Inc. Garmin Ltd. Monster Beverage Corp. Standard Pacific Corp. Urban Outfitters 2014 NVR Inc. Meritage Homes 2013 Leucadia National Corp. QEP Resources Inc. Teradyne Inc. T-Mobile USA Inc. … …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… plans to override the tax cap. Property tax levy growth for school districts is capped at 0.12 percent above current levels for the 2016-17 fiscal year. “School districts are feeling … see additional districts deciding to seek voter approval for an override.” The tax cap, which first applied to local …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-cap