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DiNapoli & NYC Make it Easier to Save for College
… New York's 529 College Savings Program's Direct Plan has eliminated … for every $1,000 invested in the plan. The maximum account balance will be increased from $375,000 to $520,000 for both …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-nyc-make-it-easier-save-collegeOpinion 91-27
… public bidding) COUNTY LAW, §§2(b), 215(5), (6); MUNICIPAL HOME RULE LAW, §10(1)(i): A non-charter county may not … These opinions were based on our analysis of a county's home rule power under section 10(1)(i) of the Municipal Home Rule Law. Section 10(1)(i) provides that a county may …
https://www.osc.ny.gov/legal-opinions/opinion-91-27Cost-Saving Ideas: Credit Card Accountability - Minimizing the Risk of Error, Misuse and Fraud
… it is often more convenient for them to pay with a credit card than to fill out a procurement request form and wait for … expenses, local governments must have both a credit card policy and a system of internal controls in place. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-credit-card-accountability-minimizing-risk-error-misuse-and-fraudOpinion 99-4
… be suitable for manufacturing, warehousing, research, civic, commercial or industrial purposes ... which may … facility, a continuing care retirement community, or a civic facility ... . Provided further, that no agency shall … Law, §854[4]; emphasis added). Note that the term "civic facility" is expressly defined generally to exclude …
https://www.osc.ny.gov/legal-opinions/opinion-99-4Vendor File Advisory No. 8
… vendors to self-certify as small businesses eligible for payment within, or prompt payment interest after, 15 days as established in State Finance Law Section 179-F. … Updating the Vendor Certification …
https://www.osc.ny.gov/state-agencies/advisories/vendor-file-advisory/8-vendor-certifications-updateClaims Auditing – Improving the Effectiveness of Your Claims Auditing Process
… it should entail a thorough and deliberate examination to determine that the claim is a legal obligation and a … body or official is supplied with sufficient information to make that determination. When auditing claims, the … not for a legitimate purpose include: Gifts and donations to private entities in violation of the New York State …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/claims-auditingMinority- and Women-Owned Business Enterprises (MWBEs)
… looking to meet their MWBE participation goal. Apply Online on the Empire State Development website. Do Business with New York State New York State offers many online resources to help you find the State bid opportunity …
https://www.osc.ny.gov/state-vendors/resources/minority-and-women-owned-business-enterprises-mwbesWall Street Bonuses Went Up In 2013
… The average bonus paid to securities industry employees in New York City grew by 15 percent to $164,530 in 2013, which is … industry in New York City has stabilized. DiNapoli’s office releases an annual estimate of cash bonuses paid to …
https://www.osc.ny.gov/press/releases/2014/03/wall-street-bonuses-went-2013DiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19
… sales and income tax collections, and leave many unable to pay their mortgages and property taxes. New York State’s … welcome, but what about our states and local governments? Gov. Andrew M. Cuomo and the National Governors Association …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-op-ed-newsday-urges-washington-help-governments-hurt-covid-19New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… up from $550 million in November 2019, which it plans to transfer to FY 2021 to help balance that year’s budget, according to a … of the Financial Plan of the City of New York Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… limit,” said DiNapoli. “Although district administrators and school boards have been reluctant to exceed the tax cap, … May 17. Since it is still early in both the school budget and state budget processes, districts can still modify their … the state’s school districts (excluding New York City and the Big Four city school districts) will have about $308 …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capNew York State Comptroller Thomas P. DiNapoli Statement on Governor's State of the State Proposals
… hit on some important issues that we can address here in New York, in contrast to the gridlock we are witnessing in Washington. “The focus now turns to how the state will pay for these proposals and the Executive budget …
https://www.osc.ny.gov/press/releases/2020/01/new-york-state-comptroller-thomas-p-dinapoli-statement-governors-state-state-proposalsDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South … for retail banking services. Having a local bank can spur business growth, job creation and family savings. I am proud … on this project with Ridgewood Savings Bank, my administration was proud to work on this effort and garner …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesPrivacy and Links Policy
… to protecting your privacy when you access our website and the online services we offer. Consistent with New York … explains the use of information which you provide to us and information which may be available to us when you … you have requested. We will use information you provide us in connection with an online application to process your …
https://www.osc.ny.gov/online-services/privacy-and-links-policyOversight of the Title Insurance Industry
To determine if the Department of Financial Services adequately monitors the States title insurance industry
https://www.osc.ny.gov/state-agencies/audits/2019/03/21/oversight-title-insurance-industryCity of Oswego – Community Development (2015M-108)
… Purpose of Audit The purpose of our audit was to examine selected City community … 1, 2013 through October 31, 2014. Background The City of Oswego is located in Oswego County and has a population of …
https://www.osc.ny.gov/local-government/audits/city/2015/11/20/city-oswego-community-development-2015m-108DiNapoli Releases East Harlem Economic Snapshot
… and an important part of New York City's identity." "El Barrio/East Harlem's economy is prosperous as ever," said … proud of all the work my office has completed to benefit El Barrio/East Harlem's economy, and therefore shaped our … shows that the hard work of the people of East Harlem / El Barrio have yielded positive economic trends and job …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-releases-east-harlem-economic-snapshotDiNapoli Report Spotlights New York's Veterans
… Nearly three-quarters of the approximately 890,000 veterans living in New York served during wartime, including 31 … offered to New York’s veterans by the state’s Division of Veterans’ Affairs and other agencies. The 2014-15 state …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-report-spotlights-new-yorks-veteransDiNapoli: State Must Make Progress on Monitoring Drinking Water Contaminants
… did not always take appropriate or timely action to hold water systems accountable for required follow-up, such …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-state-must-make-progress-monitoring-drinking-water-contaminantsThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… began have generated shifts in retail activity. Demand has increased for certain goods such as food and beverages, and … boroughs, where the average retail salary ranged between $33,500 and $37,000. The retail sector includes many different … 2009 to 2019, retail employment in the City grew by 19.7 percent, more slowly than total private sector employment …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19