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DiNapoli: Former Potsdam Court Clerk Sentenced to Jail; $117,000 Restitution

… in a $117,120 embezzlement case uncovered in an audit and investigation by State Comptroller Thomas P. DiNapoli. … was sentenced to six months in jail, five years probation and ordered to pay $117,120 in restitution following her … January guilty plea to grand larceny in the third degree and falsifying business records in the first degree, both …

https://www.osc.ny.gov/press/releases/2015/05/dinapoli-former-potsdam-court-clerk-sentenced-jail-117000-restitution

DiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter

… Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … that their pension benefits are safe.” The Fund's value reflects retirement and death benefits of $4.2 billion paid out during the quarter. Its audited value was $248.5 billion as of March 31, 2023, the end of …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarter

Fund Financial Data – 2023 Financial Condition Report

… Fund financial statements provide a short-term view of … funding and spending for particular purposes. The General Fund is used to report sources of funds and expenditures that … are not required to be accounted for in another separate fund. In New York State, significant sources of funds that …

https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-data

South Colonie Central School District – Internal Controls Over Timekeeping Procedures (2013M-298)

… The South Colonie Central School District is located in the Towns of Colonie and Guilderland in Albany County, and the Town of Niskayuna in Schenectady … were adequate to limit the risks associated with a lack of specific guidance and uniform procedures. However, …

https://www.osc.ny.gov/local-government/audits/school-district/2014/01/10/south-colonie-central-school-district-internal-controls-over-timekeeping

Selected Aspects of Discretionary Spending

… Purpose To determine whether the New York State Thruway Authority's … highway system known as the Thruway. The Authority strives to provide its customers with a roadway that is safely … The Authority is governed by a board of seven directors. To accomplish its mission, the Authority incurs direct costs …

https://www.osc.ny.gov/state-agencies/audits/2014/09/29/selected-aspects-discretionary-spending-0

DiNapoli: Public Drinking Water Needs More Protection

… New York's public water supplies need stronger protections to ensure clean drinking water and prevent contamination that could result in health … by State Comptroller Thomas P. DiNapoli. "Clean drinking water is a precious resource that we should never take for …

https://www.osc.ny.gov/press/releases/2017/06/dinapoli-public-drinking-water-needs-more-protection

State Comptroller DiNapoli Releases Municipal Audits

… (Suffolk County) Town officials need to improve the fuel inventory recordkeeping to help ensure fuel is safeguarded. The board did not enter into written … with any of the eight municipalities permitted to use town fuel. Additionally, the town highway department did not …

https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-municipal-audits-0

DiNapoli: Prior Justice Clerk Sentenced in $63,000 Theft of Court Fines

… according to State Comptroller Thomas P. DiNapoli. Sharon Thompson, 56, of Bemus Point, pleaded guilty to grand larceny … in an audit and investigation by DiNapoli’s office. “Ms. Thompson pocketed 10 percent of the court’s fees for years,” … by filing a complaint online at [email protected].ny.us , or by mailing a complaint to: Office of the State …

https://www.osc.ny.gov/press/releases/2016/03/dinapoli-prior-justice-clerk-sentenced-63000-theft-court-fines

DiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter

… Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … prudent management and long-term perspective.” The Fund's value reflects retirement and death benefits of $4.09 billion paid out during the quarter. Its audited value was $248.5 billion as of March 31, 2023, the end of …

https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarter

DiNapoli: Local Sales Tax Collections Grow by 1.5% in April Compared to Last Year

… Local sales tax collections in New York state increased by 1.5% in … compared to the same time last year. “Year-over-year sales tax growth has slowed from its recent inflation-fueled … including lower gas prices and moderating inflation. Sales tax collections typically fluctuate month to month, and …

https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-grow-1.5-percent-in-april-compared-last-year

Establishing the Standard Work Day – Enhanced Reporting

… as few as six hours per day (for Tiers 2 through 6) or as many as eight. In some circumstances, such as creating a new … . ( Here is an example .) For more information, including how to submit a resolution, visit our Reporting Elected and …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/establishing-standard-work-day

Hiring Members with the Enhanced Report – Enhanced Reporting

… NYSLRS Members or Retirees When hiring employees, it is important to ask the employee whether they are an existing … and they are: An existing NYSLRS member; or A retiree who is receiving a pension from one of the eight public … retirement systems in New York State. If your employee is an existing NYSLRS member, they will make mandatory …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/hiring-members-enhanced-report

XII.6.F Paying Deceased Legislator Benefits – XII. Expenditures

… OVERVIEW AND POLICIES Legislation provides that when a New York State Senator or Member of Assembly dies in Office, New York State will provide the beneficiary with a benefit equal to the remainder of the … Legislation provides that when a New York State Senator or Member of Assembly dies in Office …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6f-paying-deceased-legislator-benefits

XI.4.D Indirect Cost Allocations – XI. Procurement and Contract Management

… will reimburse grant contractors for the State's share of properly allocated indirect costs. Some common methods of allocating indirect costs are based upon time, space, units of service or percentage of funding. To avoid any potential …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4d-indirect-cost-allocations

XI.2.O Contracts with Not-for-Profit Organizations – XI. Procurement and Contract Management

… Article 7-A of the Executive Law requires, with certain exemptions 1 , that charitable organizations register with the Office of the Attorney General (OAG). In addition, the Estates, … Article 7a of the Executive Law requires with certain exemptions that charitable organizations …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2o-contracts-not-profit-organizations

Hicksville Water District – Competitive Quotations (2013M-233)

… 1, 2012, to March 31, 2013. Background The Hicksville Water District is located in the Towns of Oyster Bay and Hempstead, in Nassau County. The District provides water to about 48,000 customers each year. A three-member … Hicksville Water District Competitive Quotations 2013M233 …

https://www.osc.ny.gov/local-government/audits/district/2013/10/25/hicksville-water-district-competitive-quotations-2013m-233

City of Long Beach – Budget Review (B22-7-4)

… [ read complete report - pdf ] Purpose The purpose of our budget review was to determine whether the significant … from our budget review issued in May 2021. Background The City of Long Beach, located in Nassau County, has been authorized … City of Long Beach Budget Review B2274 New York Office of the …

https://www.osc.ny.gov/local-government/audits/city/2022/05/13/city-long-beach-budget-review-b22-7-4

Village of Dresden – Clerk-Treasurer’s Duties and Multiyear Financial Planning (2013M-3)

… Purpose of Audit The purpose of our audit was to review the Board’s oversight of the … Dresden is located in the Town of Torrey, in Yates County, and has a population of 308. The Village is governed by an … Village of Dresden ClerkTreasurers Duties and Multiyear Financial …

https://www.osc.ny.gov/local-government/audits/village/2013/04/26/village-dresden-clerk-treasurers-duties-and-multiyear-financial-planning-2013m-3