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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to … of jobs and grow while achieving solid returns for the retirement system members and their beneficiaries that rely …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesCompliance With Jonathan’s Law (Follow-Up)
… developmentally disabled boy, died while in the care of a State facility operated by the Office of Mental Retardation … neglect while at a privately run facility and then at a State-run facility. In May 2007, “Jonathan’s Law” was enacted … is later. OPWDD operates 13 Developmental Disabilities State Operations Offices in six regions across the State to …
https://www.osc.ny.gov/state-agencies/audits/2021/02/25/compliance-jonathans-law-followMedgar Evers College – Controls Over Bank Accounts (Follow-Up)
… Purpose To determine the extent of implementation of the two recommendations included in our … procedures) and/or were unsupported. In some transactions funds were not used for their intended purposes. Key Finding …
https://www.osc.ny.gov/state-agencies/audits/2017/11/29/medgar-evers-college-controls-over-bank-accounts-followDepartment of Labor Examination of Unemployment Insurance Benefit Payments January 1, 2017 – December 31, 2017
The objectives of our examination were to determine whether i Unemployment Insurance UI benefit payments approved by the Department of Labor Department w
https://www.osc.ny.gov/state-agencies/audits/2018/11/19/department-labor-examination-unemployment-insurance-benefit-payments-january-1-2017Connetquot Public Library – Cash Disbursements (2017M-125)
… Purpose of Audit The purpose of our audit was to examine the Library’s controls over cash disbursements for the period … of functions designed to help ensure that Library funds are disbursed appropriately. The Board did not …
https://www.osc.ny.gov/local-government/audits/library/2017/09/29/connetquot-public-library-cash-disbursements-2017m-125Sagaponack Common School District - Fund Balance Management (2018M-53)
… report - pdf] Audit Objective Determine whether the Board of Education (Board) appropriately managed the Sagaponack … Unrestricted fund balance increased to $1.04 million as of June 30, 2017, or 61 percent of the ensuing year’s appropriations, exceeding the statutory …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/13/sagaponack-common-school-district-fund-balance-management-2018m-53Personal Income Tax and Property Tax
… our examination was to determine whether personal income tax refunds (refunds) and property tax credits (i.e., School … nearly 7.7 million refunds for payment totaling over $9.8 billion and over 2.9 million credits for payment totaling …
https://www.osc.ny.gov/state-agencies/audits/2020/12/30/personal-income-tax-and-property-taxLewiston-Porter Central School District – IT Asset Management (S9-22-14)
… Seventeen IT assets (11 Chromebooks and six Apple devices) with estimated total costs of $5,820 based on recent purchases could not be located. Ten IT assets nine with a combined cost of approximately $14,910 and one without … and complete inventories. District officials disagreed with certain aspects of our findings and recommendations. …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/lewiston-porter-central-school-district-it-asset-management-s9-22-14Walton Central School District – IT Asset Management (S9-22-24)
… safeguarded information technology (IT) assets acquired or in use during the audit period. Key Findings District … officials cannot assure taxpayers that money invested in IT assets has been appropriately spent or safeguarded. We … and four without recorded costs) were not inventoried. In addition, annual inventories were not conducted and …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/walton-central-school-district-it-asset-management-s9-22-24Asset Forfeiture Escrow Fund
… necessary, by the governing board of a village, town, county or city for such monies and proceeds. This law took … 6-v requires the chief fiscal officer of a village, town, county or city, at the termination of each fiscal year, to … Data Management Unit 110 State Street, 12th Floor Albany, NY 12236 or Emailed to our Data Management Unit via the …
https://www.osc.ny.gov/local-government/required-reporting/asset-forfeiture-escrow-fundVillage of Richfield Springs – Justice Court (S9-14-1)
… officials properly collected, reported and remitted moneys on behalf of the Court for the period January 1, 2012 through November 30, 2013. … and fees during the audit period. Key Findings Based on our testing, we found the Village Court has properly …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/08/15/village-richfield-springs-justice-court-s9-14-1Town of Queensbury – Justice Court (S9-14-2)
… Purpose of Audit The purpose of our audit was to determine if Court officials properly … the audit period, the Court operated with two Justices, Robert McNally and Michael Muller, and four Court clerks. …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/08/15/town-queensbury-justice-court-s9-14-2Starpoint Central School District – Network Access and Application User Permissions (2022M-101)
… not disable 44 former employee network user accounts. Some of the former employees left the District 13 years ago. Limit …
https://www.osc.ny.gov/local-government/audits/school-district/2022/10/07/starpoint-central-school-district-network-access-and-application-userState Agencies Bulletin No. 300
… Purpose To advise agencies of changes in withholding allowances and maximum Social Security Tax. … checks dated January 10, 2002. Tax Tables The value of a withholding allowance has been increased to $57.69 weekly, … Deductions mailbox. … To advise agencies of changes in withholding allowances and maximum Social Security Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/300-changes-federal-income-tax-withholding-tables-earned-income-tax-creditsNiagara County – County Bridge Maintenance (S9-13-2)
… miles and has approximately 216,000 residents. The County is governed by a 15-member County Legislature. The County’s … in 2012. The County Department of Public Works (DPW) is responsible for the maintenance and monitoring of … bridges. The DPW includes a professional engineer who is directly involved with the oversight of bridges. The DPW’s …
https://www.osc.ny.gov/local-government/audits/county/2013/07/19/niagara-county-county-bridge-maintenance-s9-13-2Opinion 91-32
… stated: "[t]he moral obligation to refund an excessive tax is just as strong whether it was paid voluntarily or by …
https://www.osc.ny.gov/legal-opinions/opinion-91-32DiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead
… but the city faces significant budget gaps and risks in the coming years, according to a report released today by … budget gaps projected for fiscal years 2020 through 2022. In addition, the city faces the prospects of future risks, … economy is still strong, it appears more vulnerable than in recent years." New York City added 715,000 jobs between …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-nyc-projects-surplus-current-year-faces-budget-risks-years-aheadComptroller DiNapoli and Westchester County District Attorney: Former Croton-On-Hudson Village Fire Department Treasurer Pleads Guilty in Theft of Fire Department Funds
… of approximately $312,925 from the Fire Department. The money he stole included portions of the so-called "2 Percent Money" paid annually to the Fire Department by New York State … included his underreporting of the amount of "2 Percent Money" received by the Department in order to balance the …
https://www.osc.ny.gov/press/releases/2018/09/comptroller-dinapoli-and-westchester-county-district-attorney-former-croton-hudson-village-fireNew York State’s Aging Prison Population: Share of Older Adults Keeps Rising
… The safe and efficient operation of the corrections system in New York State is critically important to protecting … Office of the State Comptroller issued a report detailing population trends in the New York State correctional system. … found that, despite reductions in the overall size of the population, the number of incarcerated individuals age 50 and …
https://www.osc.ny.gov/reports/new-york-states-aging-prison-population-share-older-adults-keeps-risingState Agencies Bulletin No. 1976
… maximum contribution limits for employees enrolled in SRA and TDA plans and provide instructions for entering updates to these plans. … An additional deferment is available to employees age 50 and over. These employees may defer up to $6,500 of age 50 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1976-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tda