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DiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… relief options to businesses through the U.S. Small Business Administration (SBA) totaling nearly $1.3 trillion. … (LMI) communities and historically underutilized business (HUB) zones, where past distributions for small … businesses have lagged high-income areas and established business corridors. LMI status serves as a proxy for funding …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicDiNapoli: IDA Audits Reveal Need For Improved Project Oversight
… in Niagara , Tompkins and Wyoming counties failed to adequately monitor project approvals or results, according … communities, but without adequate safeguards in place the effectiveness of these efforts cannot be measured. While … reports from project owners, which is not considered a best practice. Wyoming County IDA IDA officials failed to …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-ida-audits-reveal-need-improved-project-oversightOperational Training and Medical Assessments of Train Crews
… Purpose To determine whether the Metropolitan Transportation Authority’s New York City … must go through Induction Training, where they learn how to operate trains in revenue and non-revenue road … a passing grade of 80 or higher on the final test, while 23 employees (51 percent) failed the test and returned …
https://www.osc.ny.gov/state-agencies/audits/2018/03/01/operational-training-and-medical-assessments-train-crewsOpinion 89-53
… No. 79-102, p 19 superseded to the extent inconsistent. You ask how foreign fire insurance tax moneys should be …
https://www.osc.ny.gov/legal-opinions/opinion-89-53DiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… State tax receipts totaled $51.5 billion through the first six months of State Fiscal Year (SFY) 2023-24, $1.7 … released in the Division of the Budget’s (DOB) July Update to the Enacted Budget Financial Plan. However, tax receipts … part, this year’s financial market volatility as well as how PIT credits were claimed in SFY 2022-23 under the …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-yearIX.7.H Federal Funding Accountability and Transparency Act (FFATA) – IX. Federal Grants
… certain federal contracts of more than $3,000. The initial site went live in 2007. Federal agencies are required to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7h-federal-funding-accountability-and-transparency-act-ffataDiNapoli: Guess Inc. Agrees to Report on Workplace Safety, Environmental Risks
… today announced that clothing-maker Guess? Inc. has agreed to disclose its efforts to mitigate a variety of risks … environmental risks in its supply chain. As a result of the corporation’s agreement to publish an annual … and accountability in their supply chains. 2013 - Best Buy and Bed Bath & Beyond agreed to encourage their …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-guess-inc-agrees-report-workplace-safety-environmental-risksDiNapoli: State Tax Revenues Down $3 Billion
… revenues through October totaled $43.8 billion, $3 billion lower than the same period in the previous fiscal year, … of the fiscal year was $49.9 billion, or $6.1 billion lower than a year earlier. This is due to several factors … receipts in October were $97.7 million, or 7.9 percent, lower than a year earlier. Year-to-date sales tax collections …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionLaw Pertaining to SUNY Police Officers
… will I go back into Tier 2? How much of my ERS time will count towards my 25 years in the PFRS special plan? … service credit for a maximum of 1600 hours of unused sick time. Does this remain the same? In ERS, the cap on the … contributions if I transfer into PFRS? Does this law apply to: Chiefs and Deputy Chiefs (M/Cs) with …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officersDiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies
… The City Council of Mount Vernon did not have adequate financial information for the … or capital plans, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. “Our audit …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-mount-vernon-officials-failed-establish-basic-and-routine-financial-policiesNYS Common Retirement Fund Reports Estimated First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 … helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather the … estate and real assets (12.1%) and credit, absolute return strategies and opportunistic alternatives (5.8%). The Fund’s …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsViolating the Terms of a DRO – Divorce and Your Benefits
… If NYSLRS has a DRO on file that requires a member to elect a specific pension payment option and name the ex-spouse as beneficiary, the terms of that DRO will … discretion , may change the option election or designation to comply with the pre-existing order or agreement (RSSL …
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionOverview – XI. Procurement and Contract Management
… Quick Contracting is intended to significantly lessen the time it takes for the Office of the State Comptroller (OSC) to audit and approve competitive procurements, where adequate competition was obtained and an award was made to the low bidder. Commodity, Printing, Miscellaneous …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi6-overviewDiNapoli Releases Upper Manhattan Economic Snapshot
… have reached record levels, but low household incomes and a shortage of affordable housing are challenges, according to … Comptroller Thomas P. DiNapoli. The report is part of a series by DiNapoli examining economic issues across the … of families in our beloved neighborhood,” said U.S. Rep. Charles B. Rangel. “State Comptroller DiNapoli's report on …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-upper-manhattan-economic-snapshotAdministration of Tenant Complaints (Follow-Up)
… the extent of implementation of the four recommendations in our initial audit report, Administration of Tenant … maintenance of affordable low- and moderate-income housing in New York State. The Division’s Office of Rent … an adequate return on investment while protecting tenants from unlawful rent increases, harassment, and illegal …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/administration-tenant-complaints-followDiNapoli: Trouble Ahead for Local Governments and Schools
… 2020, local governments have received $824 million, or 19.2 percent less, in sales taxes than they did during that same … (AIM) payments to 12 cities and 20 percent of June Video Lottery Terminal (VLT) aid payments to 15 counties, …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-trouble-ahead-local-governments-and-schoolsCayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
Determine whether professional services were procured in a manner to ensure the prudent and economical use of public money in the best interests of taxpayers.
https://www.osc.ny.gov/files/local-government/audits/pdf/cayuga-onondaga-boces.pdfDiNapoli: New York City's Government Workforce Expected to Increase for First Time Since Pandemic
… New York City’s full-time government workforce is expected to increase for the first-time year-over-year since the COVID-19 pandemic, … to stabilize its labor force and fill critical vacancies, while holding down costs. Staffing remains below pre-pandemic …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-new-york-citys-government-workforce-expected-increase-first-time-pandemicOnline Services
… We offer a growing list of secure Online Services for customers, clients and business partners. … For certain services, you must first enroll to get a user ID and password. Log in You must log in to use …
https://www.osc.ny.gov/online-services