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DiNapoli: Great Demand For NYS General Obligation Bonds Allows State to Reduce Costs to Taxpayers

… times the amount of bonds offered, which allowed the State to reduce yields in many maturities. Ultimately, retail … said DiNapoli. “This buoyant demand allowed the state to reduce yields offered, and hence reduce costs for … along with Ramirez & Co., Inc. as Co-Senior Manager, to sell the bonds on behalf of the State. Co-Managers …

https://www.osc.ny.gov/press/releases/2023/09/dinapoli-great-demand-nys-general-obligation-bonds-allows-state-reduce-costs-taxpayers

DiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care

… Comptroller Thomas P. DiNapoli’s op-ed, “ A Ticking Clock for Job Benefits ,” was published in The Albany Times Union … * New York is behind other states when it comes to paying for benefits promised to public employees when they retire. … share of their health insurance premium, health care costs for current and former employees are mounting. While public …

https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-care

The Network for Children’s Speech, Occupational & Physical Therapy, LLC – Compliance With the Reimbursable Cost Manual

… calculated, adequately documented, and allowable under the State Education Department’s (SED) guidelines, including the … special education provider located in Onondaga County, New York. CTN provides preschool special education services to …

https://www.osc.ny.gov/state-agencies/audits/2018/07/03/network-childrens-speech-occupational-physical-therapy-llc-compliance-reimbursable-cost

Medicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers

… Numbers (CINs) where at least one CIN was enrolled in fee-for-service. The audit covered the period from January 1, … Department of Health (Department) uses two methods to pay for Medicaid services: fee-for-service (FFS) and managed care. Under the FFS method, the …

https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipients

Collection and Use of Oil Spill Funds (Follow-Up)

… of Environmental Conservation (Department) is charged with implementing the program by providing technical …

https://www.osc.ny.gov/state-agencies/audits/2017/12/07/collection-and-use-oil-spill-funds-follow

XI.18.D Sales and Compensating Use Tax Documentation – XI. Procurement and Contract Management

… State of tangible personal property or taxable services in excess of $300,000 during the immediately preceding four … sales tax quarters. The contractor must also certify in writing to the procuring agency that the requisite … of perjury, and file with DTF Contractor Certification Form ST-220-TD . Agencies should direct state contractors to …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18d-sales-and-compensating-use-tax-documentation

Cayuga County - Procurement and Claims Audit (2018M-274)

… for procuring professional services. Ensure all claims are adequately supported and audited before payment. …

https://www.osc.ny.gov/local-government/audits/county/2019/04/12/cayuga-county-procurement-and-claims-audit-2018m-274

Monitoring and Administration of Public Protection Grant Programs

… Objective To determine whether the Division of Criminal Justice … and monitoring selected public protection grant programs to ensure expenses are allowable under the related contracts. …

https://www.osc.ny.gov/state-agencies/audits/2020/04/24/monitoring-and-administration-public-protection-grant-programs

Under Reporting of Net Available Monthly Income for Nursing Home Residents Causes Medicaid Overpayments (Follow-Up)

… 2010-S-17). Background Our initial audit report, issued on September 28, 2011, examined whether Medicaid payments to … localities (county social service offices throughout the State and the Human Resources Administration in New York … issuance of the follow-up review to provide information on any actions that are planned to address the unresolved …

https://www.osc.ny.gov/state-agencies/audits/2013/08/16/under-reporting-net-available-monthly-income-nursing-home-residents-causes-medicaid

Additional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans

… of Section 384, you will receive additional benefits for service over 25 years if your employer adopted this … an additional pension benefit of 1.66 percent of your FAE for each completed year of creditable service beyond 25. For Tier 2, 3, 5 and 6 members, the maximum benefit is 61.67 …

https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-h

Cohoes Public Library – Governance and Operations (2015M-259)

… provided adequate oversight of the Library’s operations for the period January 1, 2014 through December 31, 2014. … nine-member Board of Trustees. Budgeted appropriations for 2014 were approximately $242,000. Key Findings The Board has not governed and operated the Library in accordance with its charter, its …

https://www.osc.ny.gov/local-government/audits/library/2016/04/01/cohoes-public-library-governance-and-operations-2015m-259

State Agencies Bulletin No. 2340

… inform agencies of OSC’s automatic processing of the April 2025 Security Supervisors Unit Salary Increase and provide instructions for payments not … year 2025-2026 and includes the April 1, 2025 Salary Schedule . Effective Dates: Pay Cycle/Pay Period Type 2025 …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2340-security-supervisors-unit-april-2025-3-salary-increase

DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges

… labor savings. While the city reduced the budget for police overtime by $350 million in the current fiscal year, … a budget gap of $9 billion over this year and next. Even with additional federal aid and returning ridership, the MTA …

https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challenges