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Cost-Saving Ideas: Credit Card Accountability - Minimizing the Risk of Error, Misuse and Fraud
… it is often more convenient for them to pay with a credit card than to fill out a procurement request form and … and necessary expenses, local governments must have both a credit card policy and a system of internal controls in … best practices below as a reference for adopting a strong credit card policy and developing sensible internal controls. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-credit-card-accountability-minimizing-risk-error-misuse-and-fraudOpinion 2010-1
… Park Land (use of to fund the purchase of a portion of a parcel to be dedicated for park or recreation use) ZONING AND … park trust moneys to fund the purchase of a portion of a parcel to be dedicated for park or recreation use) VILLAGE … the dedication of park land constitutes an unauthorized "tax" or an "illegal taking." …
https://www.osc.ny.gov/legal-opinions/opinion-2010-1-0Opinion 2010-1
… Park Land (use of to fund the purchase of a portion of a parcel to be dedicated for park or recreation use) ZONING AND … park trust moneys to fund the purchase of a portion of a parcel to be dedicated for park or recreation use) VILLAGE … the dedication of park land constitutes an unauthorized "tax" or an "illegal taking." …
https://www.osc.ny.gov/legal-opinions/opinion-2010-1Member Contributions – Legacy Reporting
… as modified by Chapter 18 of the Laws of 2012). Federal Tax Treatment of Member Contributions ERS Tiers 3 through 6 … 414(h) of the Internal Revenue Code (IRC). Federal income tax on these contributions is deferred until they are … purposes, are subject to New York State and local income tax and are credited to the member’s account, accruing …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsComparison of ERS Benefits
… 30 years). See Tier 6 Member Contributions. Retirement Age Full benefits at age 62. Retire as early as age 55. Benefits … reduction with at least 30 years of credited service. Full benefits at age 62. Retire as early as age 55. Benefits … leave Payments made as a result of working vacation Any form of termination pay Payments made in anticipation of …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsCity of Troy – Budget Review (B5-15-22)
… and expenditure projections in the City’s proposed budget for the 2016 fiscal year are reasonable. Background The City … liquidate cumulative deficits in the City’s general fund for the years ending December 31, 1993, 1994 and 1995. Local … proposed budget includes estimated revenues related to the sale of real property, franchise fees, sales tax and advanced …
https://www.osc.ny.gov/local-government/audits/city/2015/11/10/city-troy-budget-review-b5-15-22XI.7.B Repayment Agreements – XI. Procurement and Contract Management
… the State and a municipality, public authority, or other third party. Generally, repayment agreements provide for the … the State and a municipality public authority or other third party …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi7b-repayment-agreementsReport File Transactions (File Upload) – Enhanced Reporting
… employee using the Enrollment Dashboard. For instructions on hiring employees for the purpose of receiving a NYSLRS ID, …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/report-file-transactions-file-uploadNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… Edition Pre-Pandemic Improvements in Employment Rates for People with Disabilities Have Been Derailed by COVID-19 The … between April 2020 and March 2021, unemployment rates for people with disabilities averaged 16.2 percent, an increase … wage. According to a 2020 U.S. Commission on Civil Rights report , the average wage of a person with a disability …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021Establishing the Standard Work Day – Legacy Reporting
… the number of hours that constitute a standard work day (SWD) for each position. Use our Standard Work Day Resolution for Employees form (RS2418) . ( Here is an … all laborers may have an eight-hour SWD, all clerical workers seven and one-half hours and all elected officials …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-dayTown of Minerva – Payroll and Cash Receipts (2015M-342)
… purpose of our audit was to review the internal controls in place over the Town’s payroll and cash receipts processes … April 30, 2015. Background The Town of Minerva is located in Essex County and has a population of approximately 810. … accruals. The clerk did not deposit a total of $10,004 in collections, and Town officials cannot account for this …
https://www.osc.ny.gov/local-government/audits/town/2017/10/06/town-minerva-payroll-and-cash-receipts-2015m-342City of Yonkers – Budget Review (B17-6-10)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2017-18 fiscal year are … shortfall in the general fund. Revenue estimates for mortgage tax, income tax surcharge, parking violations, … Review the revenue estimates for charter school payments, mortgage tax, income tax surcharge, parking violations and …
https://www.osc.ny.gov/local-government/audits/city/2017/05/19/city-yonkers-budget-review-b17-6-10City of Amsterdam – Recreation Department (2023M-29)
… remitted for the four-hour Craft Beer Fest the day of the event . Tickets cost $45 to drink beer and $5 for designated … could not support the number of tickets sold for the event. $286 was remitted for the 10-hour Italiafest and wine … tasting with no record of how many people attended the event . However, based on the ticket cost of $10 per person, …
https://www.osc.ny.gov/local-government/audits/city/2023/07/21/city-amsterdam-recreation-department-2023m-29Opinion 95-9
… COMMISSIONERS -- Service Award Program (service credit for attending meetings of the fire district board of … credit for attending meetings of committees of a fire company); (pro rating the number of points credited for … activities may include, inter alia , "[a]ttendance at any official meetings of the volunteer fire company " and …
https://www.osc.ny.gov/legal-opinions/opinion-95-9Manual Reporting – Enhanced Reporting
… updates each employee’s record for the report period. You can report: Job data for status changes , for example, a … they will need to be assigned a NYSLRS ID before you can report them. The NYSLRS ID is a unique identifier for … you report will be listed in the report details. You can scroll or search through the report details to select …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/manual-reportingMonitoring of Select Programs (Follow-Up)
… Select Programs (Report 2020-S-47 ). About the Program The New York State Office for the Aging (NYSOFA) helps New York residents aged 60 or older be as independent as … to written testimony by the Association on Aging in New York at the 2023-24 Joint Legislative Budget Hearing on …
https://www.osc.ny.gov/state-agencies/audits/2023/07/12/monitoring-select-programs-followMember Contributions
… on your retirement plan. Your contribution balance earns interest annually and determines the amount you would be eligible to borrow if you decided to take a NYSLRS loan . Contributions earn 5 percent annual interest for … service. Annualized Wage or Actual Earnings Contribution Rate $45,000 or less 3.00% $45,000.01 to $55,000 3.50% …
https://www.osc.ny.gov/retirement/members/member-contributionsCity of Troy – Budget Review (B5-14-23)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … is issuing debt to fund capital expenditures. Due to a change in accounting for retirement expenditures, the City will be required to …
https://www.osc.ny.gov/local-government/audits/city/2014/11/07/city-troy-budget-review-b5-14-23Archived Publications
… - 9/27/2017 Fiscal Stress Monitoring System Results for School Districts: Four-Year Review - 1/25/2017 Fiscal Stress … Three-Year Review - 9/27/2016 Three Years of School District Fiscal Stress Results: School Years 2012-13 to 2014-15 - 1/28/2016 Three Years of …
https://www.osc.ny.gov/local-government/fiscal-monitoring/archived-publicationsState Agencies Bulletin No. 859
… government for Medicaid billing. The Licensure Premium is pensionable and included in the calculation of overtime. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/859-licensure-premium-nys-schools-deaf-and-blind