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About NYSLRS
… retirement systems in the world, administering benefits for more than 1.2 million members, retirees and … provides benefits to employees of participating public employers in non-teaching positions outside of New York City, … and Fire Retirement System (PFRS), which provides benefits for police officers and firefighters of participating public …
https://www.osc.ny.gov/retirement/about-nyslrsOpinion 91-64
… your inquiry regarding transportation contracts which were let by a school district during the 1989-1990 school year. It … transportation contracts, each for a separate route, are let to the same individual and neither of such contracts so let is in excess of the statutory amount, such contracts need …
https://www.osc.ny.gov/legal-opinions/opinion-91-64DiNapoli: Shift in MTA's Paratransit Program Generates Cost Savings
… costs rose by 8.5% annually. MTA Shifts Services to Brokers to Generate Cost Savings Five modes of transit are … are owned by NYCT but are operated by private contractors. Brokers provide for-hire vehicles, metered taxis, and … 2016 to 143,726 in July 2023. The number of trips taken by brokers increased from 108,538 to 390,165 during the same …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-shift-mtas-paratransit-program-generates-cost-savingsLocal Government – 2023 Financial Condition Report
… governments – for social service programs in counties, to support highways (mostly in cities and towns), and as … Generally, the property tax cap limits levy increases to the lesser of 2 percent or the rate of inflation, with … The law also includes provisions for a local government to override the tax cap. Inflation remained quite low, below …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentApplying for Benefits – Special 20- and 25-Year Plans
… Retirement System benefits, you must file the appropriate application with the Office of the State Comptroller in a … benefit descriptions throughout this publication). For an application to be considered as “filed with the Comptroller,” … through Retirement Online , or in the case of a paper application, received by our Albany office, one of our …
https://www.osc.ny.gov/retirement/publications/1517/applying-benefitsDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… The $229 billion Enacted Budget for State Fiscal Year (SFY) 2023-24 includes new recurring spending for schools, mental health services, and health care, as well as resources for the Metropolitan Transportation Authority (MTA) and for … The $229 billion Enacted Budget for State Fiscal Year SFY 202324 includes new recurring …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… future consequences. “Since taking office, I have sought to establish our state’s pension fund as a leader in transparency, ethics and effectiveness. It’s gratifying to have an independent voice affirm our efforts,” DiNapoli … additional resources can we accomplish all that we need to do to manage the Fund effectively and efficiently. Our …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingLife Changes: A Guide for Retirees
… a specific amount to withhold or a marital status and number of dependents). See the Review Your Withholding …
https://www.osc.ny.gov/retirement/publications/life-changes-guide-retireesDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… all non-calendar year local governments and designated one village in “significant fiscal stress,” one in “moderate … stress,” and four as “susceptible to fiscal stress.” The Village of Saugerties (Ulster County) was classified in … fiscal stress” are: Chateaugay (Franklin County), Sackets Harbor (Jefferson County), South Dayton (Cattaraugus County), …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesTitle IV-E Foster Care – Federal Funding and New York
… in Title IV-E funding in FY 2025 and $295 million in FY 2026, all of which is allocated to the Administration for … in funding. FIGURE 1 – Title IV-E Funds by Function FY 2026 Preliminary Budget (in millions) ACS FY 2025 FY 2026 Foster Care Services & Support $ 191.5 $ 187.9 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/title-iv-e-foster-careXIV.2 Obligation, Accounting and Budget Dates – XIV. Special Procedures
… Overview This section defines dates required for various transactions in the Statewide … to determine Obligation Date. In many cases, grant payment dates are determined by the grant program legislation, for … to determine Obligation Date. In many cases, grant payment dates are determined by the grant program legislation, for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv2-obligation-accounting-and-budget-datesDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… Employer contribution rates for the New York State and Local Retirement System … had strong recent investment returns that have helped keep rates stable," DiNapoli said. "Stable rates are very important to our employers and provide the … Employer contribution rates for the New York State and Local Retirement System …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19Climate Act Goals – Planning, Procurements, and Progress Tracking
… Climate Act requires that a minimum of 70% of statewide electric generation secured by load-serving entities … planning processes and restructure or repurpose the electric transmission infrastructure as needed to meet … generation, such as increased push to transition to electric vehicles by 2035 and the cancellation or delay in …
https://www.osc.ny.gov/state-agencies/audits/2024/07/16/climate-act-goals-planning-procurements-and-progress-trackingSelected Aspects of Incident Intake and Investigation
… Special Needs (Center) met its responsibility to operate a hotline, establish a database of reported allegations and a … able to conclude that the Center does operate the required hotline and maintain the VPCR database and the SEL, we were … Special Needs Center met its responsibility to operate a hotline establish a databa …
https://www.osc.ny.gov/state-agencies/audits/2017/03/06/selected-aspects-incident-intake-and-investigationNew York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… on arts and cultural institutions in New York City. Recent news of plans to reopen Broadway theaters in September may …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021Niskayuna Central School District – Financial Condition (2012M-218)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period July 1, 2010, to March 31, 2012. Background The Niskayuna Central School … of fund balance in excess of the amount actually available to fund operations resulted in an unassigned fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/01/niskayuna-central-school-district-financial-condition-2012m-218Opinion 2006-2
… authorized to establish and extend water districts upon petition of a prescribed number of owners of taxable real … be constructed for the district must be stated in both the petition and notice of hearing (Town Law §§191, 193[1]). … for the improvement in the district, as stated in the petition for the establishment of the district, may be …
https://www.osc.ny.gov/legal-opinions/opinion-2006-2State Comptroller DiNapoli Statement on New York City Mayor's 2024 State of the City Address
… growing housing costs and federal pandemic aid coming to an end. “The city needs federal funding and policy changes to help manage asylum seeker costs. At the same time, the city must work with the state to bring rising housing costs under control, and I commend …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-statement-new-york-city-mayors-2024-state-city-addressOpinion 96 - 11
… real property, has a fiduciary duty to secure the best price obtainable in its judgment or the most beneficial terms … v Ambro , 41 NY2d 952, 394 NYS2d 636; Ross v Wilson , 308 NY 605; Davis v Board of Education , 125 AD2d 534, 509 NYS2d … be the one which the board believes will yield the best price or maximum financial benefits ( id .). To fulfill this …
https://www.osc.ny.gov/legal-opinions/opinion-96-11DiNapoli Op-Ed in Times Union
… the limits have been circumvented too easily, often with little public discussion, and have led to a high and growing … fiscal health, keeping debt costs down for taxpayers, and more effectively deploying the state’s resources to pay for … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-union