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Investing in New York
… $2.64 billion committed to the program (as of March 31, 2025) $1.9 billion invested in 600 New York State companies … to invest (as of March 31, 2025) Employees increased from approximately 29,500 to over 46,000 (as of March 31, … Over 300 completed investments, returning $1.7 billion for the Fund on $910 million invested (as of March 31, 2025) …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkChild Care Licensing and Inspection
… Purpose To determine if the Office of Children and Family Services’ (Office) child care … with the exception of day care centers in New York City (NYC). The Division regulates and inspects child care …
https://www.osc.ny.gov/state-agencies/audits/2014/08/14/child-care-licensing-and-inspectionTaxes and Your Pension
… your pension pay stub . Effective January 1, 2023, NYSLRS does not withhold federal income tax from pension benefits … you file your tax return and may owe a penalty unless you make timely payments of estimated tax. Other Ways to Update … contributions to NYSLRS while you were working, a small portion of your benefit may be exempt from federal tax. …
https://www.osc.ny.gov/retirement/retirees/taxes-and-your-pensionImplications for the Future – 2021 Financial Condition Report
… Remains While the recession brought on by the COVID-19 pandemic was short-lived, employment has yet to recover … were regained. No region of the State has returned to pre-pandemic employment levels with New York City trailing its … subject to risk, but the path of the coronavirus pandemic will heavily influence economic activity for the …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… Reduction Act (IRA), including close to $2 billion in funds for environmental and energy purposes that could help … could lead to delays or cuts to the remaining IRA funds and tax credits,” DiNapoli said. “Given the strong … a range of specific greenhouse gas reducing activities and funds to support incentive programs; however, only a small …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… for the city persist, according to a report released today by State Comptroller Thomas P. DiNapoli. "New York City's … Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… Protection Program (PPP) is a loan program administered by the U.S. Small Business Administration (SBA) first authorized by Congress in March 2020 to respond to the economic … February 28, 2021. Breakdown of PPP Loans in New York State Number and Value of PPP Loans Approved in New York by …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021Administration and Collection of Real Estate Transfer Taxes (Follow-Up)
… (RETT), enacted in 1968 under Tax Law Article 31 as a tax on the transfer of real property, applies to sales or …
https://www.osc.ny.gov/state-agencies/audits/2021/10/27/administration-and-collection-real-estate-transfer-taxes-followFiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fsms-schools-011024.pdfFiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fiscal-stress-monitoring-system-schools-01-12-23.pdfFiscal Stress Monitoring System Upcoming School District Release Webinar Presentation
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fiscal-stress-monitoring-system-school-districts-01-12-2022.pdfFiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fsms-schools-010825.pdfOpinion 89-50
… improvement on private property) CLAIMS -- Compromise or Settlement (drainage improvement on private property as … TOWN LAW, §§64(11-a), 68; STATE CONSTITUTION, Art. VIII, §1: A town may expend moneys to pay for an improvement on … within the town from floods, freshets and high waters. Section 64(11-a) also authorizes town boards, by resolution, …
https://www.osc.ny.gov/legal-opinions/opinion-89-50Controls Over Cash Advance Accounts
… in the Home Office Advance Account, with an authorized balance of $25,000, has declined from approximately $57,000 …
https://www.osc.ny.gov/state-agencies/audits/2014/04/15/controls-over-cash-advance-accountsXI-A.8 Payment Tolerances – XI-A. Purchasing
… purchased. For example, if a Business Unit is purchasing food products, including milk, and milk is a purchase that … and a separate PO line that references the appropriate food category code for purchase of the additional food products. A reasonable tolerance is applied to purchases …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a8-payment-tolerancesDiNapoli: Restaurant Industry Critical to New York City's Economy
… with thousands losing their jobs and many owners unable to pay rent. Outdoor dining has been a help, and we're excited …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-restaurant-industry-critical-new-york-citys-economyOpinion 88-49
… the local law did not effectively grant the power of appointment to the village board and, therefore, that the … 661; Kingston Associates v La Guardia , 156 Misc 116, 281 NYS 390, affd 246 App Div 803 285 NYS 19; Rappel v Roberts , … recreational programs; and audit the accounts and records of the facilities and employ qualified parties to …
https://www.osc.ny.gov/legal-opinions/opinion-88-49Statement from New York State Comptroller Thomas P. DiNapoli on President Trump's Budget Proposal
… "The President's budget does not prioritize the needs of the middle-class or the most … to nearly 600,000 New Yorkers. … The Presidents budget does not prioritize the needs of the middleclass or the most …
https://www.osc.ny.gov/press/releases/2017/05/statement-new-york-state-comptroller-thomas-p-dinapoli-president-trumps-budget-proposalXII.5.E Processing Vouchers Against a Purchase Order – XII. Expenditures
… Units should, where practicable, use purchase orders to make all purchases. The purchase order authorizes the vendor to provide goods or services at a dollar amount within the … invoice number. If the invoice exceeds the purchase order due to allowable variances in price or quantity, the purchase …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii5e-processing-vouchers-against-purchase-orderLoans: Applying and Repaying
… Retirement Online is the fastest and easiest way to apply for a loan with NYSLRS. You can see … a member of the Employees’ Retirement System (ERS) or the Police and Fire Retirement System (PFRS); Have the required minimum …
https://www.osc.ny.gov/retirement/members/loans-applying-and-repaying