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DiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… Despite unprecedented federal aid and better-than-expected state tax revenues, the Metropolitan Transportation Authority … not return faster than the MTA projects, or if new sources of revenue are not found, rising debt payments could force … in one-time federal aid to balance its budgets through 2025. By 2026, the MTA faces a budget gap of over $2 billion …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnState Agencies Bulletin No. 2339
… field and the Approved Salary Rate field Position and Job do not match – if the Position Number equals the NYS Position … Position Has Both Equated Grade and NTE Position and Job Do Not Match Increment Code Missing Increment Code Invalid …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2339-april-2025-3-salary-increases-arbitration-eligible-bu01-and-nonOpinion 2003-4
… the fire district board of fire commissioners shall "audit all claims against the fire district and shall, by … of a fire district "shall have the power to make any and all contracts herein authorized …". When a statute vests the … that chapter 670 of the Laws of 2002 added, inter alia , new sections 174(2-a) and 177-c to the Town Law. Section …
https://www.osc.ny.gov/legal-opinions/opinion-2003-4State Agencies Bulletin No. 1652
… OSC’s automatic processing of the April 2018 M/C 1% Parity Salary Increase and provide instructions for increases not … and Chapter 8 of the Laws of 2017 provide for a parity salary increase of one percent (1.00%) for 2018. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1652-managementconfidential-mc-final-1-parity-increase-effective-april-2018State Agencies Bulletin No. 1571
… using an overpayment earnings code or an AC-230. In this case, the negative retroactive adjustment may be re-generated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1571-managementconfidential-mc-third-2-parity-increase-effective-april-2017Unified Court System Bulletin No. UCS-321
… Purpose The purpose of this bulletin is to inform agencies of OSC’s automatic … Payment Effective Date Check Date Administration 1 Lag 03/30/2023 04/26/2023 Eligibility Criteria Increment Employees … between 04/01/2022 and 03/31/2023; and Has a Comp Rate Code of ANN on the payment effective date; and Received a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-321-april-2023-state-new-york-unified-court-system-ucs-incrementsUnified Court System Bulletin No. UCS-336
… units who meet the eligibility criteria may be eligible to receive the April 2024 Increment or Longevity Increment as … Exception Report This report identifies employees who did not receive the automatic April 2024 UCS Increment, … appropriate Reason code for eligible employees who return from a Leave of Absence (except a Workers’ Compensation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-336-april-2024-state-new-york-unified-court-system-ucs-incrementsKinderhook Central School District - Procurement (2018M-137)
… report - pdf] Audit Objective Determine whether the District procured goods and services in accordance with District policy and procedures. Key Findings District …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/11/kinderhook-central-school-district-procurement-2018m-137Norwich City School District - Safe and Supportive Educational Environment (2018M-199)
… and Disruptive Incident Reporting System and Dignity for All Students Act incidents and found that District …
https://www.osc.ny.gov/local-government/audits/school-district/2018/11/30/norwich-city-school-district-safe-and-supportive-educational-environmentDiNapoli: 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: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… to accumulate excessive fund balance as well as reserve funds that surpassed board-approved amounts and have gone … board resolutions allowing them to establish five reserve funds totaling $36 million. Nor could they provide a clear … than it actually is. As a result, the district withheld funds from being used. As part of the audit, DiNapoli made a …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtStreet and Sidewalk Cleanliness
… DSNY officials maintain their staff know the problem areas in their districts and can plan the best use of DSNY’s … or the Mayor’s Office to effectively deploy its resources in response to Project Scorecard’s findings. While the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/16/street-and-sidewalk-cleanlinessMTA Makes Progress Funding Capital Programs But Faces Risks From Federal Actions
… programs and plans to bring the system into a state of good repair, but it could be forced to add debt or … capital program. Ongoing efforts by the U.S. Department of Transportation to cancel federal approval of congestion pricing and possible cuts to anticipated …
https://www.osc.ny.gov/press/releases/2025/06/mta-makes-progress-funding-capital-programs-faces-risks-federal-actionsNYS Pension Fund Commits $2 Billion to Climate Transition Index
… The New York State Common Retirement Fund (Fund) will invest $2 billion in an index focused on reducing … in the nation. … The New York State Common Retirement Fund Fund will invest $2 billion in an index focused on …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexTown of Wawayanda – Financial Operations (2024M-160)
… – September 17, 2024. We extended our audit period back to January 1, 2019 to analyze financial trends. Understanding the Program The … surpluses that increased unrestricted fund balance from $4.3 million for all funds to $7.7 million as of the end …
https://www.osc.ny.gov/local-government/audits/town/2025/04/25/town-wawayanda-financial-operations-2024m-160DiNapoli: Former Essex County Fair Treasurer and Willsboro Town Clerk Pleads Guilty to Stealing Nearly $90,000 From the Essex County Agricultural Society and Town
… and personal purchases using the society’s bank account. She also used $5,300 of society funds to repay a … payments rather than depositing the funds into the town’s account. The forensic analysis revealed that on certain days … nearly identical cash deposits into her personal bank account. Brown pled guilty to grand larceny in the second …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-former-essex-county-fair-treasurer-and-willsboro-town-clerk-pleads-guilty-stealing-nearlyCybersecurity Web Series Week 2 – IT Contingency Planning – Oops! What now?
This session will expand on one of the key areas within a comprehensive cybersecurity program: IT Contingency Planning. We will define IT Contingency Planning as a means to avoid costly delays in getting your government or school operations back up and running as quickly as possible.
https://www.osc.ny.gov/files/local-government/academy/pdf/cybersecurity-week-2-10-12-2021.pdfVillage of Shoreham – Board Oversight and Justice Court (2017M-152)
The purpose of our audit was to review the Board’s oversight of financial operations and review the Court’s financial operations from August 1, 2014 through May 31, 2016. We extended our review of Court operations back to August 1, 2013 and forward through November 30, 2016.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/shoreham-justice-court-2017-152.pdfDiNapoli: Wall Street Bonuses Rose Sharply in 2009
… State Comptroller Thomas P. DiNapoli. Total compensation at the largest securities firms grew even faster and industry … the industry lost a record $42.6 billion. Compensation at Goldman Sachs, Morgan Stanley, and JPMorgan Chase … is not currently available on the securities operations at Citibank and Bank of America.) In a departure from past …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009DiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves
… DiNapoli. “The time to prepare for serious fiscal problems is before they arrive,” DiNapoli said. “The need for a cushion to fall back on is especially urgent today amid signs of a slowing economy. As the financial capital of the world, New York is particularly sensitive to economic downturns, which can …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reserves