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XII.5.A Selecting the Appropriate Voucher Style – XII. Expenditures
… voucher styles are not used. Voucher Style Description of Use Additional Information Regular Voucher Used for … net to zero. A line must be added to record the receipt of the cash to a clearing account. Prepaid Voucher Used for … fund, department, and PCard clearing account). The use of the appropriate vendor and ChartFields is critical to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5a-selecting-appropriate-voucher-styleXI.18.G Workers’ Compensation Coverage and Debarment – XI. Procurement and Contract Management
… Sections 57 and 220(8) of the WCL. Please note – an ACORD form is not acceptable proof of New York State workers’ … has appropriate workers’ compensation insurance coverage: Form C-105.2 – Certificate of Workers’ Compensation Insurance issued by private insurance carriers, or Form U-26.3 issued by the State Insurance Fund 3 ; or Form …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18g-workers-compensation-coverage-and-debarmentOpinion 90-43
… widow or widower has died of: (i) a deceased member of a pension or retirement system of a police department or paid … the comptroller, in his discretion, shall determine. Such pension shall continue in the same amount as received by the … determine their fair meaning (McKinney's Cons Laws of NY, Book 1, Statutes, §97, p 211). Doing so in this case, we …
https://www.osc.ny.gov/legal-opinions/opinion-90-43Opinion 88-26
… no authorization for a municipality to expend its own funds for such purposes. Rather, section 213 specifically …
https://www.osc.ny.gov/legal-opinions/opinion-88-26Chart of Accounts
… use of Chartfield values and valid combination strings to provide payroll expenditure data to agencies. This report replaced the NHRP712, NHRP721, … End – Rollover of Position Pool Chart of Accounts. Things to Know Daily Error Report The daily error report is received …
https://www.osc.ny.gov/state-agencies/payroll/chart-accountsIV.4.B Department Operations – Non-Personal Service – IV. Accounting Codes - Uses and Descriptions
… 55152 Inmate/Client Wages Inmate/client wages (work for pay). Interpretation/Translation 55153 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4b-department-operations-non-personal-serviceOperational Advisory No. 29
… regarding refund checks that are returned and/or need to be reissued from the Comptroller’s Refund Account. The reason for these changes is to increase efficiencies and reduce the time required for agencies and OSC to complete Comptroller’s refund requests. Effective …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/29-gfo-updates-reissuing-or-cancelling-refund-checkXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… to participating funds is governed by §98-a of the State Finance Law which provides in relevant part that all … Interest Earnings Each year the Enacted Budget includes new authorization for temporary loans in specific funds … REV. 03/22/2021 … Each year the Enacted Budget includes new authorization for temporary loans in specific funds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsAvoiding a Rejected DRO – Divorce and Your Benefits
… NYSLRS, as a governmental plan, has discretion to reject a DRO. Orders that are vague, contain inconsistent … or contradictory provisions, or are contradictory to plan requirements or New York State law, will be rejected. … for rejection may include: Qualified Status — References to a qualified status, the Employee Retirement Income …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droPayroll Improvement Project Bulletin No. PIP-009
… files by emailing the Payroll Improvement Project mailbox. Vendor File Interface Testing OSC will conduct formal …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-009-agency-testing-and-trainingState Contract and Payment Actions in June
… In June, the Office of the State Comptroller approved 1,520 contracts for state agencies … Onondaga County. Office of Alcoholism and Substance Abuse Services $5 million with the Mental Health Association of NYC … Inc. to rehabilitate the Gowanus Expressway from 48th Street to Hugh Carey Tunnel in Kings County. $7.7 million to …
https://www.osc.ny.gov/press/releases/2018/07/state-contract-and-payment-actions-juneOpinion 90-22
… SUPPLY AND DISTRIBUTION -- Public Water Systems (necessity to pay interest on consumer deposits) MUNICIPAL FUNDS -- … water utility is not required by Public Service Law, §117 to pay interest on consumer deposits at the rate fixed by the … Commission. If the municipality in its discretion decides to invest these moneys, the interest earned must be credited …
https://www.osc.ny.gov/legal-opinions/opinion-90-22Opinion 89-22
… AND HIGHWAYS -- Traffic Signals (responsibility of towns to install and maintain) TOWNS -- Powers and Duties (responsibility to install traffic signals) TOWN LAW, §64(16); VEHICLE AND … located outside a village, the town has a responsibility to study the need for and, if necessary, to install and …
https://www.osc.ny.gov/legal-opinions/opinion-89-22State Contract and Payment Actions in October
… annual Business Plan Competitions. $1.4 million to the City of Lackawanna for planning, design, and construction of … $11 million to Tappan Zee Constructors, LLC for the New NY Bridge Project. $1.3 million to HNTB New York Engineering … and Architecture, PC for engineering services for the New NY Bridge Project. Department of Transportation $24 million …
https://www.osc.ny.gov/press/releases/2018/12/state-contract-and-payment-actions-octoberOpinion 2006-1
… in the opinion. CLAIMS -- Payments (of compensation prior to completion of payroll period) LOCAL LAWS -- Pre-emption … of the Town Law) MUNICIPAL FUNDS -- Payrolls (requirement to certify as prerequisite to payment) PUBLIC OFFICERS AND EMPLOYEES -- Compensation …
https://www.osc.ny.gov/legal-opinions/opinion-2006-1Fund's Mission, Values and Investment Philosophy
… values every day: Performance We expect and strive for Fund performance sufficient to achieve our mission. … people with the skills and capabilities required for the Fund to be a leading investment organization. Perseverance We … funded status. Sources of return We believe that asset allocation is the single largest driver of our performance …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyGlossary
… must be formally appointed by the Court to safeguard these funds until the child becomes 18. Usually, a parent (the … assigned to a specific property held by the Office of Unclaimed Funds and is for our internal use only. Original …
https://www.osc.ny.gov/unclaimed-funds/claimants/glossaryTaxes and Your Pension
… Most NYSLRS pensions are subject to federal income tax. Your federal tax withholding is the … for filing your taxes. NYSLRS pensions are not subject to New York State or local income tax. If you permanently moved to another state or if you spend more than 183 days in that …
https://www.osc.ny.gov/retirement/retirees/taxes-and-your-pensionNew York City Tourism Industry Hit Hard by Pandemic, Visitor Spending Drops by 73%
… must help with safe reopening, while targeting relief funds to workers and to hotels, venues, restaurants and other …
https://www.osc.ny.gov/press/releases/2021/04/new-york-city-tourism-industry-hit-hard-pandemic-visitor-spending-drops-73DiNapoli Op-Ed: New York Should Opt Into Public Financing of Elections
… to start with the State Comptroller’s office. But now I was faced with a deeply flawed pilot program that had … fighting for this change were outraged and encouraged me to reject it. In the end, I agreed with the advocates and … dollars per New Yorker for a sound investment in a more open, transparent state government. The bottom line is that …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-op-ed-new-york-should-opt-public-financing-elections