Search
State Comptroller DiNapoli Releases Audits
… providers have met the regulatory requirements for collecting and disposing of unneeded drugs. However, … that date, the required processing time frame had elapsed for 1,681 kits (88 percent). Department of Taxation and … to provide collateral security in an amount provided for in statute or determined by the department. Distributors …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-auditsTaxes and Interest
… court funds. Interest is paid for a period of five years from the date we receive the property. The interest rate is … paid in the form of the original security (if available) or by returning the cash value of the security. In most … $600. Foreign Interest Withholding We must withhold income from non-resident aliens, foreign corporations, foreign …
https://www.osc.ny.gov/unclaimed-funds/claimants/taxes-and-interestNew York State Health Insurance Program – Empire Plan Members With Dual Family Coverage (Follow-Up)
… two recommendations included in our initial audit report, New York State Health Insurance Program: Empire Plan Members With Dual …
https://www.osc.ny.gov/state-agencies/audits/2022/09/26/new-york-state-health-insurance-program-empire-plan-members-dual-family-coverage-followTown of Wawayanda – Financial Management and Information Technology (2013M-260)
… 2014 tax levy. However, the Town's unexpended surplus fund balance has become excessive, and its budgets from fiscal … fiscal years. The unrealistic budgets caused total fund balance to increase significantly from about $2.3 million in … plan addressing the excessive unexpended surplus fund balance. The Board has not adopted a breach notification …
https://www.osc.ny.gov/local-government/audits/town/2013/11/29/town-wawayanda-financial-management-and-information-technology-2013m-260Focus on Identity Theft
… important issue. IDENTITY THEFT REPORTS INCREASED 200% in New York State between 2019 and 2021. (Source: Federal Trade …
https://www.osc.ny.gov/reports/focus-identity-theftState Agencies Bulletin No. 422.1
… one week before payday. This allows sufficient time for the checks and direct deposit advices to be printed, … Agencies cannot use form AC230 , Report of Check Returned for Refund or Exchange, to process a paycheck reversal for employees in direct deposit until the funds are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/4221-direct-deposit-stop-payments-and-reversalsStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… year, and in the future, as substantial budget volatility is expected to continue. Unfortunately, it remains unclear how the city prioritized its choices to minimize the impact …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateDiNapoli: Home Ownership Grants Helping Low- and Moderate-Income New Yorkers
… across the state. “Protecting and expanding homeownership for New York’s families is critical to local communities and … overall economy,” DiNapoli said. “While there is some room for improvement, the Affordable Home Ownership Development … state Legislature has appropriated $25 million annually for the program. DiNapoli’s auditors examined 69 grants …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-home-ownership-grants-helping-low-and-moderate-income-new-yorkersXI-A.1.B Category Codes – XI-A. Purchasing
… with guidance regarding the proper use of category codes in the Statewide Financial System (SFS). In the SFS, … refer to SFSSecure for the complete list of valid category codes. Bulkload Agencies Bulkload agencies should include the … refer to SFSSecure for the complete list of valid category codes. All Agencies Centralized and Agency Contract Purchases …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a1b-category-codesXIV.14.B Capital Assets – XIV. Special Procedures
… The major issues related to accounting for capital assets include the following: Criteria for recording general capital assets including infrastructure Recording general …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14b-capital-assetsAbout Statement No. 67 – Governmental Accounting Standards Board
… Board (GASB) Statement No. 67, Financial Reporting for Pension Plans : Establishes accounting and reporting standards for public pension systems. Defines the way public pension plans calculate and report the Net Pension Liability. …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-67Opinion 95-32
… Laws of 1992. Chapter 708 of the Laws of 1992 enacted a new section 10 and amended section 11 of the General …
https://www.osc.ny.gov/legal-opinions/opinion-95-32DiNapoli: Finger Lakes Regional Economy Bolstered By Key Industries
… 1.2 million people, mostly concentrated in the city of Rochester and its suburbs. In the six years since 2010, the … Technology, Engineering and Math) employment. The Rochester metro area ranked 22nd nationally for STEM job … governments (Monroe County, Town of Manchester) and five school districts (Gates-Chili, Geneseo, …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-finger-lakes-regional-economy-bolstered-key-industriesDiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… stay or HPD can remove them. Of 191 sampled tenants, 59 (30 percent) exceeded the maximum limit by at least 25 … exceeded the federal “home affordability threshold” of 30 percent (i.e., percentage of income spent on housing …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingState Agencies Bulletin No. 1800
… of this bulletin is to inform agencies of the new Federal Form W-4, Employee’s Withholding Certificate, and the update to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1800-2020-form-w-4-employees-withholding-certificate-and-payserv-federal-taxDiNapoli: NYC Office Market Will Take Years to Recover From Pandemic
… workers in the city were well paid, with an average annual salary of $183,900 in 2020. Even when excluding high earners in the financial securities sector, the average salary was $145,290. This is higher than the citywide average …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-nyc-office-market-will-take-years-recover-pandemicDiNapoli: Better Reporting and Monitoring of NYC Capital Projects Needed
… delivery, according to an analysis released today by State Comptroller Thomas P. DiNapoli. “New York City’s … where additional work is needed, and maximize the return on every capital dollar it spends.” The city is shifting from … of this may be for projects that are not yet fully scoped out, there are a number of notable exclusions. City-funded …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-better-reporting-and-monitoring-nyc-capital-projects-neededOther Bulletin No. 73
… in the calculation of overtime compensation (refer to the Online Payroll Manual accessed from the PayServ Bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-73-october-2023-state-university-construction-fund-scf-civilImproper Episodic Payments to Home Health Providers (Follow-Up)
… in our initial audit report, Improper Episodic Payments to Home Health Providers (Report 2016-S-4 ). Background The … new Episodic Payment System (EPS) to reimburse Certified Home Health Agencies (CHHA) for health care services provided …
https://www.osc.ny.gov/state-agencies/audits/2018/05/04/improper-episodic-payments-home-health-providers-followJune 2002: GASB Statement 34
… report information at the fund level and have not required all of the financial statements necessary to conform to … cost benefit justified. Consequently, while we encourage all local governments to implement the provisions of GASB …
https://www.osc.ny.gov/local-government/publications/june-2002-gasb-statement-34