Search
DiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… last fiscal year and $1.7 billion in savings from the city’s Program to Eliminate the Gap (PEG) have helped New York … pressures from this influx have grown beyond the city’s ability to manage without a comprehensive federal policy … on the city’s June 2023 financial plan released today by State Comptroller Thomas P. DiNapoli. “The city’s adopted …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomDiNapoli: Sandy Damage Delayed MTA Electronic Security Program Another Three Years
… has made important security improvements, the first phase of its capital program is still not finished, more than … transit security over the past four years has shifted more of the burden of securing the nation’s largest transit system … a halt in construction in capital security work. To view a copy of the report, click here , or visit: …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-sandy-damage-delayed-mta-electronic-security-program-another-three-yearsResources and Responsibilities: New York State’s Environmental Funding
… and the Federal Aid in Wildlife Restoration Act of 1937 (Pittman-Robertson) provide for the apportionment to the …
https://www.osc.ny.gov/reports/resources-and-responsibilities-new-york-states-environmental-fundingNew York Continues to Send More Federal Tax Dollars to Washington Than It Gets in Return
… back in federal spending, compared to the national average of $1.21,” DiNapoli said. “We’re already getting less from … makes the upcoming 2020 Census so critical. New York must do all it can to ensure a complete and accurate count of its residents to maximize our population count, which …
https://www.osc.ny.gov/press/releases/2020/01/new-york-continues-send-more-federal-tax-dollars-washington-it-gets-returnDiNapoli: 59 School Districts in Fiscal Stress
… office has assessed and scored the financial stability of school districts. The latest round of scoring designated two school districts in “significant … not to amass excessive levels of fund balance in order to do so.” Using financial indicators that include year-end fund …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-59-school-districts-fiscal-stressProperty Tax Credits
… intended to offset the cost of property or school taxes on a qualifying homeowner’s primary residence. The …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/property-tax-creditsDiNapoli: East Ramapo School Budget Hampered By Deficits, Inadequate Rainy Day Funds
… in August 2011 and July 2013 . Auditors discovered most of these recommendations were not addressed or only partially … implemented. “East Ramapo school district officials must do a better job managing their finances,” said DiNapoli. … the district has not retained a reasonable amount of fund balance to address unanticipated needs or to provide …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-east-ramapo-school-budget-hampered-deficits-inadequate-rainy-day-fundsComptroller DiNapoli Releases Municipal Audits
… not prepare periodic fuel reconciliations. Lake Pleasant Volunteer Fire Department, Inc. – Financial Activities (Hamilton …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-auditsXVI.4.C Federal Grant Accruals – XVI. Financial Reporting
… A government-mandated nonexchange transaction occurs when the Federal government provides resources to the State … voluntary nonexchange transactions may include one or more of the following: The recipient satisfies the characteristics … Time requirements, which specify the period or periods when resources are required to be used or when use may begin, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4c-federal-grant-accrualsAdult Career and Continuing Education Services – Vocational Rehabilitation Supported Employment Program
… services for and supports the employment goals of people with a disability. Its mission is to assist … people with a disability were still more than double that of the general population. The pandemic and resulting … by federal law and the Department’s Policy. The IPEs do not contain all the required information in sufficient …
https://www.osc.ny.gov/state-agencies/audits/2022/03/30/adult-career-and-continuing-education-services-vocational-rehabilitation-supportedPayroll Improvement Project Bulletin No. PIP-009
… and will be required to test a set of activities OSC Payroll has identified as necessary to measure agency … place from December 7, 2020 to December 18, 2020. Testing Online Testing Agencies will test one or two abbreviated … 7 and 18, 2020, during Agency Testing and Training. Check Dates Agency Testing and Training will use check dates …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-009-agency-testing-and-trainingReal Estate Portfolio
… Frontier Transportation Authority has accounted for all of its real estate holdings, established a value for those … and determined the need to either hold or dispose of properties, and whether it has disposed of real property … procedures to better ensure it obtains fair market value when leasing properties. Key Recommendations Ensure annual …
https://www.osc.ny.gov/state-agencies/audits/2014/03/27/real-estate-portfolioDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… Thomas P. DiNapoli today urging New York's leaders to take steps that can help protect and strengthen the … The full op-ed is below: New York State continues to mount a steady recovery from the depths of the pandemic’s … and state leaders should think strategically about how to use this "surplus" – by dedicating it to rainy day fund …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-financesSUNY Bulletin No. SU-118
… Purpose To inform agencies of OSC’s automatic processing and to provide instructions for … 2.75% Salary Increase effective October 1, 2005. Effective Date(s) Effective 10/06/05, checks dated 11/02/05 Contract … 28. Agency Actions Agencies must use the pre-raise salary when requesting Pay Changes, Position Changes and Transfer …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-118-october-1-2005-275-salary-increase-employees-graduateDiNapoli: 2015 Sales Tax Collections Drop in 30 Counties
… Annual local sales tax collections declined in 30 of the 57 counties outside of New York City last year, according to a report issued … most counties have exercised additional caution when making spending decisions. Local officials should …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-2015-sales-tax-collections-drop-30-countiesLaFargeville Central School District – Financial Condition (2016M-216)
… Purpose of Audit The purpose of our audit was to assess the … Board and District officials overestimated appropriations when developing budgets for the three fiscal years 2012-13 … Manager has developed a long-term planning model used when preparing the District’s annual budget but the Board has …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/23/lafargeville-central-school-district-financial-condition-2016m-216Belfast Central School District – Procurement (2016M-317)
… Purpose of Audit The purpose of our audit was to examine the … require District officials to properly document compliance when they sought competition. District officials could not demonstrate that they sought competition when procuring professional services from five vendors who …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/16/belfast-central-school-district-procurement-2016m-317Campbell-Savona Central School District – Financial Condition (2015M-42)
… Purpose of Audit The purpose of our audit was to review the … underestimated revenues and overestimated appropriations when they prepared and adopted budgets for the last three … will be reserved, how each reserve will be funded and when the balance will be used. … CampbellSavona Central …
https://www.osc.ny.gov/local-government/audits/school-district/2015/05/06/campbell-savona-central-school-district-financial-condition-2015m-42State Agencies Bulletin No. 1899
… receive and process direct deposit returns from financial institutions. OSC will prepare all transactions to be … and process direct deposit reversals to and from financial institutions for employees who were overpaid by the agency. … for all direct deposit reversals received from financial institutions to be submitted to SFS for check printing when …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1899-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returnsState Agencies Bulletin No. 130
… Jardine Group Services will process the initial input of transactions to OSC for the deduction code 317, CSEA …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/130-csea-universal-life-program