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Meltdown: The Housing Crisis and its Impact on New York State's Local Governments
Meltdown: The Housing Crisis and its Impact on New York State's Local Governments
https://www.osc.ny.gov/files/local-government/publications/pdf/subprime08.pdfMember Contributions
… of their earnings from 1 to 10 percent. They can only start, change or stop voluntary contributions once …
https://www.osc.ny.gov/retirement/members/member-contributionsOpinion 88-68
… or statutory amendments that bear on the issues discussed in the opinion. ZONING AND PLANNING -- Planning Boards … for subdivision approval constitutes a "contract" with the meaning of General Municipal Law, §800(2), and, even if it … §809 also may not be applicable to a planning board member in such circumstances. You ask if a member of a town planning …
https://www.osc.ny.gov/legal-opinions/opinion-88-68Life Changes: What If I Leave Public Employment?
… as a NYSLRS member if you leave public employment or go on an extended leave of absence. I encourage you to take the … your next steps for your NYSLRS membership depend on your years of service and whether you are vested. Being … vested, you must submit your request while you are still on the payroll of a participating employer. If there is a …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentCost-of-Living Adjustment
… This Year’s COLA Increase The COLA for September 2025 through August 2026 is 1.2 percent. The percentage is … (the total pension payment amount you receive after credits, deductions and taxes) and any other changes to your credits, deductions or taxes. To determine your monthly …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentIX.7.H Federal Funding Accountability and Transparency Act (FFATA) – IX. Federal Grants
… contract, grant, loan, and other financial assistance awards of more than $25,000 be displayed on a searchable, … to report details on their first-tier sub-recipients for awards made as of October 1, 2010. While many of the … are specific to federal agencies, recipients of federal awards are also required to electronically report to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7h-federal-funding-accountability-and-transparency-act-ffataVII.10.C Reducing a Cash Advance – VII. State Revenues and Appropriated Loan Receivables
… Reducing a cash advance can be voluntary on the part of the agency or could … discontinue operations must return the full amount of the advance. Reduce a Cash Advance Prepare a check in the amount of the reduction … Reducing a cash advance can be voluntary on the part of the agency or could …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10c-reducing-cash-advanceDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… spot for New York City’s finances entering fiscal year (FY) 2023, amid uncertainty in the city's economic recovery … office buildings , are expected to increase by 11.7% in FY 2023, reaching levels just short of the peak in FY 2021. Multi-family residential (Class II) market value …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleStatement From New York State Comptroller DiNapoli on New York City's Fiscal Year 2027 Preliminary Budget
… on Mayor Zohran Mamdani’s Fiscal Year 2027 preliminary budget: “The $127 billion Fiscal Year (FY) 2027 preliminary budget marks a substantial shift in the city’s approach to … lays bare the considerable obstacles it faces to achieve budget balance next year. It also assumes more volatile …
https://www.osc.ny.gov/press/releases/2026/02/statement-new-york-state-comptroller-dinapoli-new-york-citys-fiscal-year-2027-preliminary-budgetDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… Common Retirement Fund (Fund) to fellow Chipotle Mexican Grill Inc. shareholders in advance of the company’s annual … Common Retirement Fund Fund to fellow Chipotle Mexican Grill Inc shareholders in advance of the companys annual …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… Unit on the voucher header for any transactions. Guide to Financial Operations REV. 09/20/2016 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unitXIV.4.C Bank Account Reporting and Reconciliations – XIV. Special Procedures
… and Finance is required to publish in the State Register, on or before the last day of each month, a detailed statement of all balance(s) on deposit in any bank account under the administrative control of any state officer … and Finance is required to publish in the State Register on or before the last day of each month a detailed statement …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4c-bank-account-reporting-and-reconciliationsDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionVillage of Herkimer - Water and Sewer Financial Operations (2019M-102)
… managed the billing, collection and enforcement of water and sewer charges. Key Findings Key duties over water and sewer operations such as billing, collecting, entry … segregated and lacked effective oversight procedures. Water and sewer receivable control accounts were not …
https://www.osc.ny.gov/local-government/audits/village/2019/08/16/village-herkimer-water-and-sewer-financial-operations-2019m-102New York State Comptroller Thomas P. DiNapoli Statement on the Passing of Vincent Graber
Former Assemblyman Vincent Graber was a dedicated public servant who garnered great respect from his colleagues on both sides of the aisle
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptroller-thomas-p-dinapoli-statement-passing-vincent-graberInvestors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… this week asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder … and resources. The company’s response was to notify the SEC of its intent to block the proposal from a shareholder … responded to ExxonMobil’s move in a letter to the SEC on Monday. “ExxonMobil risks becoming an outlier among …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeComptroller DiNapoli and A.G. Schneiderman Announce Sentencing in $200,000 Fraud on Long Island
… by submitting false invoices over a two year period for HVAC equipment, supplies, and labor. The defendant, who pled … contracts for heating, ventilation, and air conditioning (HVAC) equipment, supplies and labor. The defendant was … by submitting false invoices over a two year period for HVAC equipment supplies and labor …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-200000-fraud-long-islandDiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… tax collections are likely to fall short of the city’s forecast by $250 million annually beginning in FY 2019, but …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedDiNapoli: Audit Shows Mixed Results on School Districts' Compliance With Physical Education Rules
… Thomas P. DiNapoli released an audit today identifying school districts that are not meeting all state-mandated physical education (PE) requirements for students. Of the 10 school districts examined, nine did not provide an adequate … Thomas P DiNapoli released an audit today identifying school districts that are not meeting all statemandated …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-audit-shows-mixed-results-school-districts-compliance-physical-education-rulesNew York State Comptroller Thomas P. DiNapoli Statement on the Passing of Edward Regan
… his friendship and the good counsel that he provided to me. I offer my condolences to Ned's family and commit to …
https://www.osc.ny.gov/press/releases/2014/10/new-york-state-comptroller-thomas-p-dinapoli-statement-passing-edward-regan