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Borrowing Against Your Contributions – Police and Fire Plan
Police and Fire Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375b and 375c Borrowing Against Your Contributions
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsTown of Milford – Financial Condition (2013M-355)
… Purpose of Audit The purpose of our audit was to assess the Town’s financial condition for the period … recurring revenues. The Board used unexpended fund balance to finance the Town’s increasing expenditures. The Board did … multiyear financial and capital plan, nor did it have any other mechanism in place to adequately address the …
https://www.osc.ny.gov/local-government/audits/town/2014/03/21/town-milford-financial-condition-2013m-355Town of Gorham – Budgeting (2023M-181)
… Use historical trends and/or other known factors to develop and adopt annual budgets that contain more … revenue and expenditure estimates. Develop a plan to reduce the amounts of excessive unrestricted fund balance … officials agreed with our findings and indicated they plan to initiate corrective action. … Determine whether the Town …
https://www.osc.ny.gov/local-government/audits/town/2024/06/28/town-gorham-budgeting-2023m-181Review of the Financial Plan of the City of New York - August 2017
On June 6, 2017, the City of New York adopted a budget for fiscal year 2018, the earliest the City has adopted a budget since 1992.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2018.pdfCity of Newburgh – Budget Review (B6-13-21)
… and expenditure projections in the City’s tentative budget for the 2014 fiscal year are reasonable. Background The City … fund operating deficits to submit their tentative budgets for the next fiscal year to the State Comptroller for review … deficit obligations are outstanding. Key Findings Based on the results of our review, except for certain matters, we …
https://www.osc.ny.gov/local-government/audits/city/2013/11/20/city-newburgh-budget-review-b6-13-21DiNapoli Releases December State Cash Report
… $2.7 billion, primarily from federal sources) and other public health programs (up $2.2 billion largely because of … DiNapoli has created several tools to allow the public to better track government spending, contracts and …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportOffice of Operations: 2024 Virtual Fall Conference
… WHEN October 28 - November 4 REGISTRATION No registration is required. WHO SHOULD ATTEND This conference is intended … Record This session will provide an overview of a typical procurement timeline and an in-depth review of key … 29 9:00 – 10:45: Contract Payment Review Are we getting what we paid for? This course discusses the monitoring …
https://www.osc.ny.gov/state-agencies/outreach/office-operations-2024-virtual-fall-conferenceBorrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… against your contributions: You must be in active service and have one year of member service credit. You repay each outstanding loan through … them. Note: If you retire with an outstanding loan, the annuity portion of your retirement benefit will be …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsReview of the Financial Plan of the City of New York - July 2011
On June 29, 2011, New York City adopted a $65.9 billion budget ($46.5 billion in City funds) for FY 2012, which began on July 1, 2011.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2012.pdfUnder Reporting of Net Available Monthly Income for Nursing Home Residents Causes Medicaid Overpayments (Follow-Up)
… implementation of the five recommendations included in our initial audit report, Under Reporting of Net Available … Medicaid Overpayments (Report 2010-S-17). Background Our initial audit report, issued on September 28, 2011, examined …
https://www.osc.ny.gov/state-agencies/audits/2013/08/16/under-reporting-net-available-monthly-income-nursing-home-residents-causes-medicaidDiNapoli Urges New Yorkers to Spend Holiday Gift Cards
… this holiday season in a timely fashion. If not, the money could eventually get turned over to the Office of … fees or having the money turned over to my office as lost funds.” After five years of dormancy, money from unused … balance remaining on the card; and Replacement fees for lost or stolen gift cards. DiNapoli’s office is currently …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsXI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… order to ensure the safety of State employees and the public; The agency wants to extend the useful life of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… op-ed is below: We should be teaching financial literacy in NY's high schools Financial literacy should be taught in all New York …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsLayers of Debt: Trends and Implications for New York’s Local Governments
LOCAL GOVERNMENT ISSUES IN FOCUS
https://www.osc.ny.gov/files/local-government/publications/pdf/lgdebt.pdfState Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-municipal-audits-2City of Lockport -- Budget Review (B18-1-10)
… of Budget Review The purpose of our budget review was to provide an independent evaluation of the City’s proposed … 147 of the Laws of 2015 (the “Act”), authorized the City to issue debt to liquidate the accumulated deficits in the … they prepared cash flow estimates for 2019, which would have allowed the City to determine if unrestricted fund …
https://www.osc.ny.gov/local-government/audits/city/2018/11/08/city-lockport-budget-review-b18-1-10State Comptroller DiNapoli Releases Municipal Audits
… announced his office completed audits of the East Meadow Public Library , Town of Erwin , Town of New Hartford and the … is being spent appropriately and effectively." East Meadow Public Library – Claims Auditing (Nassau County) The board …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-releases-municipal-audits-0Procurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… prime contractor for the Induction Loop project, Transit Technologies, allowed unauthorized subcontractors to work on … worked. In addition, we tested overtime for three EMD field supervisors and three of their assigned staff, and …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsOpinion 2000-10
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Mandatory Reserve Fund (need to establish when property sold was funded in part with Urban Development Corporation loan) REAL … into a repayment agreement with the UDC providing that, in the event of the sale of the civic center, the unpaid …
https://www.osc.ny.gov/legal-opinions/opinion-2000-10