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Opinion 94-12
… a lease of a portion of its vacant land with a not-for-profit association, if it is determined the land is … take steps to ensure that the negotiated lease is upon the best or most beneficial terms. The lease may permit the … district officials have a fiduciary duty to secure the best price obtainable in their judgment or the most …
https://www.osc.ny.gov/legal-opinions/opinion-94-12Opinion 92-12
… self-employed or performing uncompensated services) WORDS AND PHRASES -- Employment (meaning for purposes of General … if the firefighter is granted an accidental disability retirement allowance (see Retirement and Social Security Law, … 207-a on municipalities and fire districts (see 1977 NYS Legislative Annual, p 336). The legislative history …
https://www.osc.ny.gov/legal-opinions/opinion-92-12Opinion 91-34
… that the services involved in printing election forms do not fall within the professional services exception (see … services because the circumstances are not unforeseen and do not require immediate action which cannot await …
https://www.osc.ny.gov/legal-opinions/opinion-91-34Prompt Payment
… law, allows the accrual of interest for a period of time a payment is delayed due to the fund or sub-fund from which the payment is to be made having insufficient cash. Memo Bill … law allows the accrual of interest for a period of time a payment is delayed due to the fund or subfund from whic …
https://www.osc.ny.gov/legislation/prompt-paymentOpinion 88-52
… directors of a not-for-profit corporation which purchases real property from county) -- Interest in Contract (community … directors of a not-for-profit corporation which purchases real property from county) -- Exceptions (contracts with … and extent of such interest in writing to the governing body thereof as soon as he has knowledge of such actual or …
https://www.osc.ny.gov/legal-opinions/opinion-88-52DiNapoli: 2023 Wall Street $34 Billion Bonus Pool Relatively Flat Over 2022
… The average annual Wall Street bonus dipped to $176,500 last year, a 2% decline from the previous year’s average of $180,000, according to New York State Comptroller Thomas P. DiNapoli’s annual … in 2023, but firms have taken a more cautious approach to compensation and more employees have joined the securities …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-2023-wall-street-34-billion-bonus-pool-relatively-flat-over-2022DiNapoli: Agricultural Activity Brings $37.6 Billion Into New York’s Economy
… production, as well as wine, apples, maple syrup and other products. “New York’s economy is still fueled by agricultural activity and the production of food,” DiNapoli said. “Farms in New York are 98 percent … and Fresh Fruit and Vegetable programs, which bring farm food to communities and fund school purchases of fresh …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-agricultural-activity-brings-376-billion-new-yorks-economyDiNapoli: Local Sales Tax Collections Up 3% in November
… in New York state increased by 3% in November compared to the same month in 2023, according to data released today by State Comptroller Thomas P. … sales tax growth in November was a bit stronger compared to the 1.9% year-to-date increase,” DiNapoli said. “New York …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberCattaraugus County – Court and Trust Funds (2014M-85)
… was to examine the County’s controls to safeguard and account for court and trust funds for the period of January … was to examine the Countys controls to safeguard and account for court and trust funds for the period of January 1 …
https://www.osc.ny.gov/local-government/audits/county/2014/04/11/cattaraugus-county-court-and-trust-funds-2014m-85Inventory Controls
… controls to ensure the accuracy and completeness of inventory records, accountability for inventory transactions, and safeguarding of inventory. The … was, in the past, sometimes donated or sold at State auctions; however, due to the additional processes necessary …
https://www.osc.ny.gov/state-agencies/audits/2025/02/14/inventory-controlsYates County – Court and Trust Funds (2025-C&T-1)
… established appropriate controls to safeguard and account for court and trust funds for the period January 1, 2022 through December 31, 2024. Background Pursuant to a court order, certain assets may be provided to the court … These actions are recorded in the County Clerk’s office when payments are deposited as required by court order. …
https://www.osc.ny.gov/local-government/audits/county/2025/04/18/yates-county-court-and-trust-funds-2025-ct-1Community Development Block Grant – Federal Funding and New York
… of functions, including administration and emergency repair (see Figure 1). Impact The City’s planned subsidy to … projects, Local Law 11 façade improvements and to repair damage caused by Hurricane Ida and Hurricane Sandy. In … about 95 percent of HPD’s planned costs for emergency repair programs to correct hazardous housing conditions. The …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/community-development-block-grantCUNY Bulletin No. CU-737
… Purpose The purpose of this bulletin is to inform City University of New York (CUNY) agencies of the … who have not received a paycheck since 09/09/2021, and to provide agencies instructions for the use of Action Reason code ACV to identify employees who should not be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-737-2022-automatic-system-termination-inactive-cuny-employeesWall Street Bonuses Went Up In 2013
… The average bonus paid to securities industry employees in New York City grew by 15 percent to $164,530 in 2013, which … on record, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli. The bonus … reported profits for the broker/dealer operations of the New York Stock Exchange member firms, the traditional measure …
https://www.osc.ny.gov/press/releases/2014/03/wall-street-bonuses-went-2013New York State Comptroller Thomas P. DiNapoli Statement on Executive Budget Proposal
… state faces many challenges ahead. While personal income tax collections were strong in December, the future is clouded with uncertainty. The federal tax bill’s impact on New York’s budget is yet to be fully …
https://www.osc.ny.gov/press/releases/2018/01/new-york-state-comptroller-thomas-p-dinapoli-statement-executive-budget-proposalDiNapoli: Local Sales Tax Collections Grew 5.1% in November
… York City’s collections totaled $815 million, an increase of 5.8%, or $45 million. County and city collections in the rest of the state totaled $887 million, an increase of 4.4%. Nearly all (55 out of 57) counties experienced …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-sales-tax-collections-grew-5-point-1-percent-in-novemberSUNY Bulletin No. SU-341
… prior year NYSTRS annual bills and collaborated on a project to resolve these issues. Working in partnership, … will use to review and identify arrears or refunds for impacted NYSTRS members. Phase one of the Reconciliation … arrears deductions, see NYS Payroll Bulletin 2043 . Note: When setting up arrears, agencies must notify impacted …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-341-agency-actions-required-fiscal-year-2021-22-new-york-stateTown of Jay – Records and Reports (2023M-22)
… accurate and timely accounting records and reports to allow the Town Board (Board) to effectively manage the … financial operations. Key Findings The Supervisor did not maintain complete, accurate and timely accounting … officials generally agreed with our recommendations and have initiated, or indicated they planned to initiate, …
https://www.osc.ny.gov/local-government/audits/town/2023/06/30/town-jay-records-and-reports-2023m-22XIX.1 Overview – XIX. Project Costing (PCIP)
… Projects are established in SFS to serve a multitude of business processes for State Agencies including facilitating billing to the … Activity ID to represent a specific capital project, even when funded in whole or in part by a federal grant. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1-overviewDiNapoli: Transparency Needed as NYC Moves Forward with Difficult Budget Choices
… was strong, unfunded programs and the unprecedented influx of asylum seekers poses very real fiscal and operational … and where cuts are likely to impact them.” Given the size of the mayor’s plan to trim costs, the report cautions that … but these favorable fiscal conditions may not last. As of city fiscal year (FY) 2022, approximately 40% of the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-transparency-needed-nyc-moves-forward-difficult-budget-choices