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Opinion 89-41
… in the form of a lump sum, a life annuity with or without survivor benefits, period certain annuities, or any other …
https://www.osc.ny.gov/legal-opinions/opinion-89-41Opinion 89-12
… specifications and supervising work) GENERAL MUNICIPAL LAW, §§103, 800(5); 8 NEW YORK CODES, RULES AND REGULATIONS, … the engineer also is a one-half owner of a construction firm which may bid on the building project presents possible … We note initially that Article 18 of the General Municipal Law, (§§800 et seq .) relative to conflicts of interest …
https://www.osc.ny.gov/legal-opinions/opinion-89-12XVI.3.B Fund Accounting – XVI. Financial Reporting
… acquisition and use of the State's expendable financial resources (current assets) and the related current … as well as any deferred inflows and outflows of resources, are accounted for through these funds. All … operating purposes. Debt Service Funds Debt Service Funds record the accumulation of resources and payment of principal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingDiNapoli: Wall Street's 2024 First Half Profits of $23.2B Were 79.3% Higher Than Last Year
… during the pandemic, Wall Street’s profits were more in line with pre-pandemic levels in 2022 and 2023,” DiNapoli … industry, a decline from the 1-in-9 ratio in 2019, but in line with recent years. This may reflect a decline in activity at restaurants, dry cleaners, and other businesses due to remote work. Still, …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-wall-streets-2024-first-half-profits-232b-were-793-higher-last-yearNew York City Budget Balanced But Economic Risks Have Grown
… budget easier. Since 2009, the city has added 820,400 jobs, bringing employment to a record level of 4.55 million … has continued this year and the unemployment rate remains near its record low. The city is on track to add 94,400 jobs … the financial plan period ending in FY 2023. Although the immediate risk of federal budget cuts has been reduced by the …
https://www.osc.ny.gov/press/releases/2019/08/new-york-city-budget-balanced-economic-risks-have-grownDiNapoli: Former Hannibal Fire Chief and Father Arrested
… County District Attorney Anthony J. DiMartino, Jr., and the New York State Police today announced the arrest of former Hannibal Fire Chief Chris Emmons for allegedly stealing $18,000, and Carl Emmons Sr., Chris … Comptroller DiNapoli the Oswego County District Attorney and the NYS Police today …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-former-hannibal-fire-chief-and-father-arrestedGASB Statement 87, Leases
… asset by the lessee, or sale of the asset by the lessor. For example, a lease-purchase contract. Understanding … The noncancelable period; Periods covered by lessee’s or lessor’s option to terminate that you don’t expect them to exercise; and Periods covered by lessee’s or lessor’s option to extend the lease term that you do expect …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesCUNY Bulletin No. CU-445
… Purpose To explain the procedures for processing payments for CUNY faculty who have been awarded a summer research … Form and the Summer Research Lag Payment Schedule for paycheck dates Background Pursuant to an agreement … To explain the procedures for processing payments for CUNY faculty who have been …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-445-2012-cuny-research-foundation-cuny-rf-grant-payments-summerOpinion 91-55
… governing board of any municipal corporation operating an electric public utility service shall establish solely by … amounts entered in the depreciation reserve account of the electric utility service as the depreciation accruals for … accounts. It follows that the revenues of a municipal electric utility to which such provisions are applicable must …
https://www.osc.ny.gov/legal-opinions/opinion-91-55Motor Vehicle Theft and Insurance Fraud Prevention Program
… from 2017, and that may not have adequately considered county needs. DCJS should enhance its monitoring of grantees’ …
https://www.osc.ny.gov/state-agencies/audits/2024/04/11/motor-vehicle-theft-and-insurance-fraud-prevention-programOpinion 94-26
… of limit on) -- Establishment (by town within village) REAL PROPERTY TAXES AND ASSESSMENTS -- Assessments … municipal taxes" levied in that year against the taxable real property in the district. It further provides that the … is permitted by law to raise in that year by real property tax. It is evident that the terms "municipal …
https://www.osc.ny.gov/legal-opinions/opinion-94-26Licensing and Monitoring of Proprietary Schools
… in New York State. For both initial (two-year) and renewal (four-year) license applications, and annually once licensed, schools are … position. For example: 47 of the 103 (46 percent) initial license applications that the Bureau approved between January …
https://www.osc.ny.gov/state-agencies/audits/2021/01/21/licensing-and-monitoring-proprietary-schoolsCUNY Bulletin No. CU-493
… CUNY Charitable Campaign. If a record exists, select the + sign to add a new row in the Deduction Details page, insert a … for 2015, the Goal Amount and Goal Balance will roll up on the newly inserted row unless the Goal Amount and Goal … to Sheila O’Connor of EarthShare at (646) 380-1887 or by email to [email protected] Questions regarding this …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-493-2015-cuny-charitable-campaignDiNapoli: Too Many New Yorkers Still Without High-Speed Broadband Access
… Broadband access is increasingly necessary for everyday activities and … many communities with slow, satellite-based internet that is inadequate for today’s needs. The state is now embarking on another effort to provide all New Yorkers … Broadband access is increasingly necessary for everyday activities and …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-too-many-new-yorkers-still-without-high-speed-broadband-accessNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… The New York State and Local Retirement System (NYSLRS) today announced employer … of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is made up of these …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22State Agencies Bulletin No. 1868
… currently customers of the NYS Business Services Center (BSC). For those agencies that are customers of the BSC, the BSC will provide specific instructions for processing the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1868-2021-state-employees-federated-appeal-sefa-campaignDiNapoli: State's Pandemic Response to Nursing Homes Hindered by Ill-Prepared State Agency
… the COVID-19 pandemic hit New York, an audit released today by New York State Comptroller Thomas P. DiNapoli found. … before the COVID19 pandemic hit New York an audit released today by New York State Comptroller Thomas P DiNapoli found …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-states-pandemic-response-nursing-homes-hindered-ill-prepared-state-agencyContractors or Consultants – Membership and Enrollment
… permitted to join NYSLRS or receive service credit for consultant or independent contractor services. To determine … by the CFO or CEO; or Sending a letter to our Pension Integrity Bureau. The letter must be on your letterhead and … If you are hiring a NYSLRS retiree as a contractor or consultant, their earnings would count towards their …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/contractors-or-consultantsTier Status – En-Con Police Officers Plan
EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1822/tier-statusTier Status – State University Police Plan
… 3 members in the SUNY Police Officer Plan are covered by Article 11 benefits. Other PFRS members who joined July 1, … January 8, 2010 and did not elect to be covered by Article 22 (i.e., did not opt into Tier 5), can be covered by Article … depending on their retirement plan election. There is no Tier 4 in the New York State and Local Police and Fire …
https://www.osc.ny.gov/retirement/publications/1823/tier-status