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DiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… than the MTA expects, or the MTA must find new sources of income, or other financial support, to pay for additional … to upgrades and other work that could impact the quality of service.” The COVID-19 pandemic devastated ridership and hurt other sources of MTA revenue, which the MTA forecasts will not return to …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programDiNapoli Finds Schools Falling Short on Emergency Planning
… planning for schools. Alarmingly, two schools did not have district-wide safety plans even though plans were … initiative focused on educational issues. His auditors have completed three audits that examined safety planning at more than 40 school districts. The audits have found significant problems at schools, including no …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-finds-schools-falling-short-emergency-planningBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… If you meet eligibility requirements and have member contributions in your account, you can take a … your tier and retirement plan), you can only borrow if you have voluntary contributions on file. Tier 2 and 3 (Article … through payroll deductions. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… Income and Earnings Returned to Pre-Pandemic Levels in New York? Recently released data from the U.S. Bureau of Economic Analysis show personal income in New York State has surpassed pre-pandemic levels by 12.8 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli: Local Communities Reducing Number of Homeless Veterans
… from 2011 to 2016. Due to federal funding uncertainty for programs that assist homeless veterans, some programs may … it isn't an easy road, but we're turning a corner on reducing the number of veterans living on the streets," DiNapoli said. "Local communities are …
https://www.osc.ny.gov/press/releases/2017/11/dinapoli-local-communities-reducing-number-homeless-veteransOther Bulletin No. 46
… March 26, 2009 or later are prohibited from receiving any portion of the increase which causes such officer’s or … above may apply if it is determined an employee’s salary does not reflect the effect of the general salary increases … available for agency review after the automatic increases have been processed. All reports will be sorted by Department …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-46-state-university-construction-fund-scf-management-andOpinion 95-15
… or statutory amendments that bear on the issues discussed in the opinion. LIBRARIES -- Taxes (authority of school … reduction of taxes levied for library purposes. This is in response to your request that we reconsider two prior … taxes are "taxes of the school district" within the meaning of section 726(1)(c). Therefore, sections 726(1)(c) …
https://www.osc.ny.gov/legal-opinions/opinion-95-15State Audit Shows Need to Improve Response to Noise Complaints in NYC
… The growing number of noise complaints related to nightlife establishments in New York City highlights the … (SLA) and the New York City Police Department (NYPD) to better communicate and crack down on bars and clubs with persistent noise problems, according to an audit released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycBorrowing Against Your Contributions – Regional State Park Police Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsBorrowing Against Your Contributions – Police and Fire Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsBorrowing Against Your Contributions – En-Con Police Officers Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsBorrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsBorrowing Against Your Contributions – Career Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsBorrowing Against Your Contributions – New Career Plan
… your contributions: You must be in active service and have one year of member service credit. You repay each … interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after … balance, minus any outstanding loan balance, so you must have an annuity savings balance of at least $33.35. Annuity …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsDiNapoli Releases Analysis of Executive Budget
… Despite projections for healthy gains in tax receipts and continued growth in the economy, the State Fiscal Year (SFY) 2020-21 Executive … Budget reflects significant fiscal challenges related, in part, to higher than expected spending in the Medicaid …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-releases-analysis-executive-budgetDiNapoli: MTA Must Prioritize Safety and Service to Win Riders Back
… for commuters after the MTA changed service, even as the number of overall trains to the Central Business District …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-mta-must-prioritize-safety-and-service-win-riders-backDiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… need to issue debt to pay for operations by leaning on one-time measures, but a prolonged period of economic weakness … to help balance the budget in FY 2022. However, payments deferred in FY 2021 will need to be paid in FY 2022, and are … in 2021 to $17 billion (a 49 percent drop). According to NYC & Company, the city’s tourism agency, tourism is …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefState Comptroller DiNapoli Releases Year-End Accomplishments
… the fight against public corruption, statewide efforts to deal with local fiscal stress, returning $412 million in lost money to New Yorkers through the Unclaimed Funds program, and his … DiNapoli’s reforms after taking office and found the Fund to be well-run and operating with an industry-leading level …
https://www.osc.ny.gov/press/releases/2014/01/state-comptroller-dinapoli-releases-year-end-accomplishmentsDiNapoli Releases Analysis of State Financial Plan
… on high-income taxpayers; these taxpayers typically have income from more volatile sources, such as capital … Funds spending. Achieving this level of reserves would have a significant stabilizing effect on the state’s … uncertainty due to the conflict in Ukraine. These factors have further complicated the economic recovery in the state, …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-plan