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Opinion 96-22
… Reserve Fund (transfer of moneys to contingency and tax stabilization reserve fund); (use of moneys in fund … reserve fund may not be transferred to a contingency and tax stabilization reserve fund. Following the abandonment of … projected increases in excess of five percent in the real property tax levy. A contingency and tax stabilization …
https://www.osc.ny.gov/legal-opinions/opinion-96-22Opinion 90-25
… a properly authorized contract for such rental exists. Property owners within a zone of assessment in a fire … within the district one or more zones in which the rate of tax for fire district purposes is, because of some special … which are not to be a general charge against all of the property of the fire district, and such amounts shall be …
https://www.osc.ny.gov/legal-opinions/opinion-90-25Glossary
… Abandoned Property Law The New York State Abandoned Property Law can be found in McKinney’s Consolidated Laws of … (“Laws of New York,” then “ABP Abandoned Property”). Account A record of financial transactions for …
https://www.osc.ny.gov/unclaimed-funds/reporters/glossaryDiNapoli: Proposed Budget Holds the Line on Spending, Gives Executive Wider Discretion
… reserves, investing in infrastructure and easing the property tax burden. Nevertheless, the out-years remain a concern and … Fund check-off program and the transfer of Abandoned Property revenue. For a copy of the report visit: Executive …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-proposed-budget-holds-line-spending-gives-executive-wider-discretionState Agencies Bulletin No. 1866
… and processes of the Bureau of State Payroll Services Tax Administration Unit. Affected Employees All employees are … is a dated utility bill, lease or mortgage agreement, or property tax bill. New York State Department of Taxation and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1866-general-tax-tipsOpinion 88-14
… on the issues discussed in the opinion. ABANDONED AND LOST PROPERTY -- County Sheriff (disposition of unclaimed county prisoners' property) MUNICIPAL FUNDS -- Trust and Agency Funds (transfer of abandoned property to) STATUTE OF LIMITATIONS -- Unclaimed Funds …
https://www.osc.ny.gov/legal-opinions/opinion-88-14Approved State Contracts and Payments
… Inc. for environmental remediation at Glenmere Lake Property, Chester, Orange County. $913,000 with The Nature … 425 in the Tonawanda, Erie County. Major Payments Approved Tax Refunds $784.8 million for 174,000 personal income tax … corporate and other refunds. $31.8 million for 26,000 property tax freeze credits. Department of Agriculture and …
https://www.osc.ny.gov/press/releases/2017/12/approved-state-contracts-and-paymentsTown of Westfield - Real Property Acquisition (2019M-119)
… Determine whether Town officials properly acquired real property for a Town purpose. Key Findings Although the purchase of property for historical preservation is legally allowed, Town … process. Town officials expended $361,000 acquiring property for historical preservation. At the time of …
https://www.osc.ny.gov/local-government/audits/town/2019/11/22/town-westfield-real-property-acquisition-2019m-119Opinion 97-7
… on the issues discussed in the opinion. ABANDONED AND LOST PROPERTY -- Money (court and trust funds) COUNTY TREASURER -- … (receipt of unclaimed court and trust moneys) ABANDONED PROPERTY LAW, §§600, 1404: Moneys held by a county treasurer … the five year dormancy period set forth in Abandoned Property Law, §600 should be transferred to the Comptroller …
https://www.osc.ny.gov/legal-opinions/opinion-97-7State Comptroller DiNapoli Releases Municipal & School Audits
… filed, as required. Greenburgh Central School District – Tax Certiorari Reserve (Westchester County) The board properly established the tax certiorari reserve fund and maintained it at a reasonable … over to the Office of the State Comptroller as abandoned property. … New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-auditsVillage of Washingtonville – Budget Review (B25-6-1)
… were significant, such as a $32,471 difference in real property taxes, we chose to rely on the proposed budget that … condition. The 2025-26 tentative budget includes a tax levy of $5.4 million. Similar to the revenue and … records precludes us from concluding on the Village’s tax cap compliance. Key Recommendations Adopt a budget that …
https://www.osc.ny.gov/local-government/audits/village/2025/01/22/village-washingtonville-budget-review-b25-6-1Population Data, Resources and Publications
… Gains or losses in population cause a shift in the local tax base, drive adjustments in State and federal revenue … comes with challenges, such as traffic congestion and high property taxes. Mohawk Valley Region Economic Profile July … region is relatively prosperous: county median incomes and property values are both well above the State and national …
https://www.osc.ny.gov/local-government/resources/population-data-resources-and-publicationsSmall Businesses and the Economic Recovery: Work in Progress
… to support small businesses that do not qualify for relief under the federal SSBCI or other business assistance … $135 million of Pandemic Recovery and Restart program tax credits from the State are also available for music and … from the Office of the State Comptroller’s COVID-19 Relief Program Tracker , as of October 31, 2021, none of the …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressOpinion 89-29
… that bear on the issues discussed in the opinion. REAL PROPERTY -- Sale (authority of village to exchange property with a federal agency) GENERAL MUNICIPAL LAW, §72-h; … VILLAGE LAW, §1-102(1): A village may acquire a parcel of property to exchange for property owned by a federal agency …
https://www.osc.ny.gov/legal-opinions/opinion-89-29Opinion 88-11
… in reply to your inquiry regarding a proposed sale of real property which was conveyed to a village by a deed containing … the restrictive covenant in respect to the use of the property as a public park. You also indicate that the property has never been utilized as a park, with the …
https://www.osc.ny.gov/legal-opinions/opinion-88-11State Comptroller DiNapoli Releases Municipal & School Audits
… fund balance, one-time state funding and the sale of property to finance its operations. In addition, the budget includes revenue estimates for income tax surcharge, sales and use tax as well as city and state mortgage tax that may not be …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-municipal-school-auditsComptroller DiNapoli Releases Municipal Audits
… a clear, consistent and equitable basis for billing property owners. In addition, certain charges stipulated in … unplanned operating deficits annually. Town of Almond – Tax Collection (Allegany County) Auditors found that the … issue receipts or retain adequate evidence of receipt for tax payments collected or to establish tax payment dates. …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-auditsDiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… and local governments – not cuts to essential services or tax increases. The economic impact of COVID-19 has produced dramatic drops in government revenue. State tax revenue in New York was down $1.5 billion or 17.3 percent … reductions to a wide range of local services or increase property taxes, when we can least afford it. This would also …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19State Comptroller DiNapoli Releases Municipal Audits
… has exhausted nearly 100 percent of its constitutional tax limit. In addition, the village has significant … bank accounts in a timely manner. About $5 million of real property tax revenue was not posted to the accounting records. Bank …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… are reasonable. The proposed budgets did not include a tax overlay or provisions for infrastructure needs. … adopted. The village’s proposed budget complies with the property tax levy limit. Mount Vernon Industrial Development Agency – …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-2