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State Agencies Bulletin No. 2188
… The limit increases each year based on the Consumer Price Index on December 31 of the previous year. The 2024 OT limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2188-2024-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli Releases Review of Executive Budget
… improved outlook from last year. General Fund budget gaps forecast by DOB just one year ago averaged nearly $11 billion annually over the four-year financial plan period. … gaps into forecasted budget surpluses through SFY 2025-26. Risks The predominant risk for the financial plan …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: State Tax Revenues $3 Billion Below Last Year
… totaled $4.3 billion, $52.5 million above last year and $806.7 million higher than the projection in DOB’s State … in withheld local assistance and other payments. As of Nov. 30, the General Fund held a balance of $13.6 billion, … anticipates repaying before the end of the fiscal year. On Dec. 15, the state repaid $1 billion of that borrowing; the …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-state-tax-revenues-3-billion-below-last-yearDiNapoli Releases Report on Pre-Pandemic Migration Trends
… part, from the greater number of part-year filers moving out of the state than moving in, according to a new report by … and state policy actions. The average annual net out-migration of part-year taxpayers between 2015 and 2019 … filers in 2019, reflect the movement of taxpayers into and out of the state in a single year. Nonresidents comprised 10% …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-report-pre-pandemic-migration-trendsDiNapoli: Wall St. Profits Soared in First Half of 2020
… pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last … annual report on Wall St.’s performance . “An injection of federal stimulus money, plummeting interest rates and … the securities industry provides an outsized source of revenue, but the rising profits on Wall Street are …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: NYC Facing Larger Budget Gaps Amid Slowing Economic Growth and Rising Costs
… based on risks including slowing economic growth, rising costs and the restructuring of the funding relationship … Uncertainty from Washington New York City modified its FY 2026 budget to $118.2 billion, $2.3 billion higher than at … adoption. However, this total excludes $3.8 billion of FY 2026 expenses that were prepaid in FY 2025. After adjusting …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-facing-larger-budget-gaps-amid-slowing-economic-growth-and-rising-costsDiNapoli High-Tech is on the Rise in NYC
… “Silicon Alley now stretches from Midtown South to Lower Manhattan and into Brooklyn and Queens. New York City is … literally no better place to create a tech start-up than NYC. Period,” said Ryan Urban, co-founder and CEO of Bounce … the securities industry); Once clustered exclusively in Manhattan neighborhoods such as Chelsea, the Flatiron …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycOpinion 93-8
… Internal Revenue Code affects the yield received by the holder of the bond or note. Section 54.90 of the Local … to pay additional interest in an amount that varies from holder to holder according to how the change in Federal or State law … Internal Revenue Code affects the yield received by the holder of the bond or note …
https://www.osc.ny.gov/legal-opinions/opinion-93-8Operational Advisory No. 33
… Subject : GFO Updates – Postage/Shipping account codes Guidance : The Office of the State … for the use of account codes 55203, Postage and 55220, Shipping. Account code 55220 which was previously titled … for the use of account codes 55203 Postage and 55220 Shipping Account code 55220 which was previously titled …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/33-gfo-updates-postageshipping-account-codesDiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… through 2024, as a share of city fund revenues, average 4.6 percent, which are significantly smaller when compared to … any month prior to the pandemic, since tracking began in 1976. Securities industry profits grew by 82 percent in the … of COVID-19, with winter weather and the holiday season likely to increase the spread. Reports Review of the …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefAccounts Payable Advisory No. 43
… about 15 day prompt payment interest for qualified small businesses; Also updated to reorder X.5.I - Original … about 15 day prompt payment interest for qualified small businesses; Also updated to reorder X.5.I XII.5.I … XII.4.E.4 Addressing Electronic Invoices that Fail Voucher Build Updates to reorder X.4.E - Used to be XII.4.E.5 …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/43-gfo-updates-supplier-prompt-payment-interest-and-moreAutomated Phone Service
… you. If you have an open request in process with NYSLRS (for example, a change of address), you will be asked if you … Enroll or revise direct deposit — Have an enrollment application mailed to your home to sign up for direct deposit … during regular business hours. 3 – Retirement Online For password reset. For assistance with registering …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceAccounts Payable Advisory No. 32
… 1099 reporting SFS payments using a Single Payment Vendor ID and for non-SFS payments Guidance: Consistent with the … payments to vendors: (i) that use a single payment vendor ID; (ii) require certain information to be reported to the … 1099 reporting SFS payments using a Single Payment Vendor ID and for nonSFS payments …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/32-1099-reporting-single-payments-non-sfs-paymentsContract Advisory No. 19
… to represent the purchase order. SFS no longer allows the direct submission of purchase orders to OSC for review. To … November 15, 2015, after which OSC will begin returning documents which do not have a corresponding SFS entry, back … Attach copy of OSC non-approval notice Forward all above documents to OSC via established procedures* *In special …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/19-go-live-guidance-contracts-requiring-osc-reviewAutomated Phone Service
… information, view and update beneficiaries, apply for a loan, estimate your pension and payment option amounts, … Retirement Online 2 – To access information concerning loan services For loan eligibility For information about a recent loan application To request a loan application or hear information …
https://www.osc.ny.gov/retirement/members/automated-phone-serviceDiNapoli Announces State Contract and Payment Actions for August 2016
… State Comptroller Thomas P. DiNapoli announced today his … 32,000 payments valued at more than $66.2 million. As the state’s chief financial officer, DiNapoli’s office reviews contracts for all state agencies and certain state public authorities and … State Comptroller Thomas P DiNapoli announced today his …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-announces-state-contract-and-payment-actions-august-2016DiNapoli Announces State Contract and Payment Actions for June 2016
… property including $5 million to Versus Financial LLC, $5 million to Xerox State and Local Solutions LLC, $3.5 … million to Audit Services US LLC. Department of Economic Development $20 million for six Regional Technology … Architects and Land Surveyors; and FPM Engineering Group. $2 million with AKTOR Corp. to repair various state …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-announces-state-contract-and-payment-actions-june-2016DiNapoli Announces State Contract and Payment Actions For December 2016
… protection. $580,000 with Northeast Association of Fish and Wildlife Resource Agencies for Northeast Wildlife … and Disability Assistance $74.4 million in federal Home Energy Assistance Program benefits to assist 177,000 low-income New Yorkers with home heating or heat-related emergencies. Department of …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-announces-state-contract-and-payment-actions-december-2016IX.3.A Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies - Pre-Award Spending Projects – IX. Federal Grants
… Award Documents (GAD) from the Federal government at the start of the grant period. However, agencies may have a … Award Documents GAD from the Federal government at the start of the grant period …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix3a-establish-maintain-federal-grants-sfs-non-onboarding-agencies-pre-award-spending-projectsDiNapoli Announces State Contract and Payment Actions for July 2016
… for July 2016: Major Contracts Approved Department of Agriculture and Markets $2 million with Live Nation … Finger Lakes Envirotech LLC. $12.6 million grant to the Albany Pine Bush Preserve Commission. $4.3 million with … State Development Corporation $33.5 million to Fuller Road Management Corporation for facility and infrastructure …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-announces-state-contract-and-payment-actions-july-2016