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Comptroller DiNapoli Releases School Audits
… to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Alexander …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-school-audits-2City of Lockport -- Budget Review (B18-1-10)
… to submit to the State Comptroller each year, beginning January 1, 2015, and for each subsequent fiscal year during … 15.7 percent, 31.7 percent, 21.6 percent, and 27.1 percent, respectively, of the following year’s budgeted …
https://www.osc.ny.gov/local-government/audits/city/2018/11/08/city-lockport-budget-review-b18-1-10State Agencies Bulletin No. 885
… Purpose To notify agencies of the secondary reduction in employee contributions. Affected Employees Contributory … 9, 2009 Background Chapter 617 of the Laws of 2007 amends NYS Education Law, Article 8-B, Section 392 2(c) and Article … a non-contributory status. Note : Based on a legal review by OSC Counsel, employees who have ten (10) or more years of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/885-elimination-mandatory-employee-contribution-members-optional-retirementOversight of the Early Intervention Program’s State Fiscal Agent
… and the SFA fulfills contract deliverables related to customer service and data and reporting. Despite improvement in the … input on potential enhancements to online training and customer service to better meet stakeholder needs. Other …
https://www.osc.ny.gov/state-agencies/audits/2016/03/24/oversight-early-intervention-programs-state-fiscal-agentUnited HealthCare – Empire Plan Drug Rebate Revenue
… remitted all drug rebate revenue to the Department of Civil Service (Department) as required by the contract … discounts, and other considerations and pass 100 percent of the value of the agreements on to the prescription drug program. For …
https://www.osc.ny.gov/state-agencies/audits/2016/11/01/united-healthcare-empire-plan-drug-rebate-revenueSecurity and Effectiveness of Division of Criminal Justice Services’ Core Systems
… of Criminal Justice Services’ (Division) selected core systems are secure, operating effectively, and available to … the vast amount of personal data stored in the Division’s systems, maintain compliance with applicable standards, and … oversight process for user access management of Division systems and is not operating in compliance with State Cyber …
https://www.osc.ny.gov/state-agencies/audits/2015/02/24/security-and-effectiveness-division-criminal-justice-services-core-systemsControls and Accountability of Court, Trust and Bail Funds
… Purpose To determine if New York City Department of Finance accurately accounts for Court, Trust and Bail funds. This audit covered from January 1, 2011 through … of December 31, 2012, Finance had a total of $295,394,265 in two accounts. Key Findings Finance's Court Assets …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-fundsTier 2, 3, 5 and 6 Death Benefits – New Career Plan
… the greater benefit in almost all cases. Death benefit two is equal to your salary multiplied by your years of service, … by 3 percent each year you continue to be in service. It will not be reduced below 70 percent of the original … be 10 percent of the ordinary death benefit that would have been payable at age 60, if any, or at retirement, …
https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… benefit in almost all cases. Death benefit two is equal to your salary multiplied by your years of service, not to exceed three years of salary. For example, if you die … of service, your beneficiary would receive a benefit equal to one year of your salary; if you die after two years, your …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsDiNapoli: SUNY Downstate Failed to Get Its Money's Worth From Cost-Cutting Consultant
… Medical Center paid a consultant $34 million for a plan to help the hospital out of financial trouble, but a report … Pitts Management Associates (PMA), which it charged to SUNY Downstate while working on this project. "SUNY … problems were severe and it needed help. But it failed to monitor PMA's $34 million contracts and did not get what …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-suny-downstate-failed-get-its-moneys-worth-cost-cutting-consultantTier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… benefit in almost all cases. Death benefit two is equal to your salary multiplied by your years of service, not to exceed three years of salary. For example, if you die … of service, your beneficiary would receive a benefit equal to one year of your salary; if you die after two years, your …
https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefitsCapital Planning
… Interest New York State Canal Corporation: Infrastructure Inspection and Maintenance (2014-S-45) Albany Port District …
https://www.osc.ny.gov/state-agencies/audits/2016/04/01/capital-planningProperty Tax Freeze Credit
… with the Property Tax Cap, the homeowner’s school district must also have a State-approved efficiency plan that …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditOpinion 88-58
… for the construction of town buildings would be subject to permissive referendum requirements. You ask whether a referendum is required for a town to expend $40,000 from a capital reserve fund for the … a town board may authorize the town highway superintendent to erect a building for the housing and storage of machinery, …
https://www.osc.ny.gov/legal-opinions/opinion-88-58Low-Income Housing Trust Fund Program
… and grants for the rehabilitation of existing housing or the construction of new housing. One way the Corporation … to be used in conjunction with other State, Federal, or private financing for low-income housing projects. … Generally, the Program provides up to $125,000 per unit, or a total of up to $2.4 million per project. The Corporation …
https://www.osc.ny.gov/state-agencies/audits/2014/08/28/low-income-housing-trust-fund-programState Comptroller DiNapoli Releases Municipal Audits
… did not ensure that employees were paid appropriately. As a result, for the limited periods reviewed, 11 employees … includes county sales tax revenues of $261 million, which is a decrease of approximately $560,000 from the actual … operating surplus and the accumulation of additional fund balance. City of Newburgh – Budget Review (Orange …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… reinforce the importance of increasing rainy day reserve funds on or ahead of the schedule proposed in the Financial … $443 million lower than those received in Dec. 2021. All Funds spending through December totaled $149.3 billion, which … or 5.5%, higher than last year for the same period. All Funds spending through December was $120 million lower than …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionService Credit – Divorce and Your Benefits
… service credit, whether purchased or given because of a State-enacted retirement incentive, may also affect the … formula for a public pension was established by the State Court of Appeals in Majauskas v. Majauskas. Service … Social Security Law [RSSL]). Members who retire under a State-enacted retirement incentive may also receive …
https://www.osc.ny.gov/retirement/members/divorce/service-creditInternal Control System Components
… whether the Workers’ Compensation Board’s management of its internal control system appropriately addresses all … Policy and Reporting Manual Bulletin B-350 requires the head of each covered agency to certify compliance with the … the internal control activities undertaken during the previous year. As the State’s chief fiscal officer, the …
https://www.osc.ny.gov/state-agencies/audits/2015/10/01/internal-control-system-componentsInfrastructure Inspection and Maintenance
… Purpose To determine whether the New York State Canal Corporation’s … Thruway Authority (Thruway Authority), was created in 1992 to operate and maintain the New York State Canal System …
https://www.osc.ny.gov/state-agencies/audits/2015/05/26/infrastructure-inspection-and-maintenance