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New York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York students and families pay for more than $287 million in college-related expenses this year, New York State … New York students and families pay for more than $287 million in collegerelated expenses this year New York State …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryState Agencies Bulletin No. 2122
… Purpose The purpose of this bulletin is to inform agencies of the automatic system termination of … who have not received a paycheck since 12/31/2021, and to provide agencies instructions for the use of Reason Code ACV to identify employees who should not be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… The Metropolitan Transportation Authority’s (MTA’s) East Side Access project, which will bring Long Island Rail … the MTA has come up short on the goal to deliver the East Side Access project on schedule and within budget,” … as they move forward with their capital program.” East Side Access is the nation’s largest public …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… However, receipts in SFY 2021-22 include $16.4 billion in business tax collections from the new Pass-Through Entity Tax … just under $1.5 billion higher than initial projections. Business tax collections totaled $27.7 billion which was … $724 million set aside for public employee health insurance costs; $843 million was deposited to the state’s …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… the money that was collected from them didn’t always go to crime victims, with some funds languishing for years, according to a review of more than 340 cases at 13 county probation … a key part of the legal process that allows crime victims to recoup losses caused by the crime,” DiNapoli said. “County …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsV.3.F Projects – V. Chart of Accounts (COA) Governance
… one or more funding sources, may occur across fiscal years and agencies, have defined beginning and end dates or occur during a defined time period, and may be operational or capital in nature. The Project ID … one or more funding sources may occur across fiscal years and agencies have defined beginning and end dates or occur …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3f-projectsState Comptroller DiNapoli and Orange County District Attorney Hoovler Announce Guilty Plea in Bethel Tax Collector Pension Fraud Case
… and duties and certify their accuracy. The information is used to calculate their service time for retirement … are always serious. One of the benefits of public service is the ability to obtain a pension. Those funds will simply … them if fraudulent practices are tolerated.” The case is being prosecuted by District Attorney David Hoovler and …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-and-orange-county-district-attorney-hoovler-announce-guilty-plea-bethelDiNapoli: MTA Faces Growing Risks to Its Capital Funding
… state helped stabilize the MTA’s finances last year, but its capital program for maintaining and upgrading the … delays due to funding issues, which may also pressure its next capital plan, according to a report released today … If the MTA covers the shortfall in capital funds by using its operating budget to pay for more borrowing, less money …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Funds Fund overall return in the second quarter of the state …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… of Linda Miller, 58, of Englewood, N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from the New York State and Local … retirement benefits until 2012, despite her mother's death in 2006. Linda Miller pleaded guilty in July 2015 to 3rd …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newIX.10.C Federal Treasury Offset Program (TOP) Agency Responsibilities – IX. Federal Grants
… or contest the billing. If a notice of unpaid debt is received by a state agency, the notice will provide the … believes the debt collection notice was issued in error or is erroneous, the state agency should immediately contact the … debts owed to federal agencies. If a Treasury offset is taken, a notice is sent to the state agency that had funds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10c-federal-treasury-offset-program-top-agency-responsibilitiesDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… planned spending in FY 2025, slightly down from 1.8% in FY 2023. The city stopped depositing additional money in this …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeOpen Educational Resources
… Objectives To determine whether the City University of New York (CUNY) … and whether the OER initiatives adequately engaged faculty in the redesign of courses using OER. Our audit covered the … To determine whether the City University of New York CUNY is using Open …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesState Agencies Bulletin No. 2227
… normal schedule and employee financial institutions may delay posting direct deposit funds into employee bank … file to the bank. Employees should be made aware that a delay in these early deposits may not constitute late payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2227-paycheck-distribution-and-release-direct-deposit-funds-preparationState Agencies Bulletin No. 2328
… Purpose: As we prepare for enactment of the 2025-26 NYS budget, OSC would like to provide notice of … all other advices can be released. Background: If the SFY 2025-26 budget is not passed or a budget extender bill to … direct deposit files may not be released on the normal schedule and employee financial institutions may delay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2328-paycheck-distribution-and-release-direct-deposit-funds-preparationDiNapoli: State Pension Fund Valued at $283.9 Billion at End of First Quarter
… our diverse portfolio and a long-term approach, the Fund is solidly positioned to continue to provide the retirement … (8.5%). The Fund’s long-term expected rate of return is 5.9%. DiNapoli initiated quarterly performance reporting … return. The New York State Common Retirement Fund is one of the largest public pension funds in the United …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-pension-fund-valued-283-point-9-billion-end-first-quarterDiNapoli Releases State Cash Report
… strength in sometimes volatile revenue sources, so it is unclear whether this positive trend will continue in the … quarter, including especially strong growth in April that is not projected to be replicated later in the year. The … General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-releases-state-cash-reportDiNapoli Audit Finds Food Inspection Failures at NYC Homeless Shelters
… certifies and oversees larger scale shelter facilities and is responsible for inspecting them and ensuring they meet … New York City's Department of Homeless Services (DHS) is responsible for inspecting homeless shelters in the city … York City Department of Health and Mental Hygiene (DOHMH) is responsible for protecting and promoting the health of all …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-audit-finds-food-inspection-failures-nyc-homeless-sheltersOpinion 92-17
… and the area outside the cities in a proportion which is based on factors other than the populations of the … interpreted Tax Law, §1262(c) in a manner which is contrary to the long-standing interpretation of this … we believe that it must be given great weight. This is particularly so because we are aware of no judicial …
https://www.osc.ny.gov/legal-opinions/opinion-92-17Opinion 94-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Banking Transactions (designation of bank as … Whether there would be a prohibited conflict of interest solely because an individual who is a member of …
https://www.osc.ny.gov/legal-opinions/opinion-94-16