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DiNapoli: Tax Cap Will Drop Below One Percent in 2016
… be capped at less than one percent for the 2016 fiscal year, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report noted the … Open Book New York . The easy-to-use website was created by DiNapoli to promote openness in government and provide …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-tax-cap-will-drop-below-one-percent-2016Audits of Local Governments: The Audit Process
… OSC and the State Education Department. Local Governments: Fire Districts are required by law to file a CAP with OSC. …
https://www.osc.ny.gov/local-government/audits/audits-local-governments-audit-processMore About This Retirement Plan – Special 20- and 25-Year Plans
… under Article 14. The benefit information in this summary does not apply to you. View your Article 14 plan book for … 25-year plan. The benefit information in this summary does apply to you. PFRS members employed by the City of … covered under Article 14. The information in this summary does not apply to you. This publication has made reference to …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planPension Contribution Rates to Decrease for Fiscal Year 2015-16
… Employer contribution rates for the New York State and Local Retirement System (NYSLRS) will decline in Fiscal Year 2015-16, New York State Comptroller Thomas P. DiNapoli announced … collapse are still being felt around the country, but New York’s pension fund is well-funded, is steadily …
https://www.osc.ny.gov/press/releases/2014/09/pension-contribution-rates-decrease-fiscal-year-2015-16Roosevelt Fire District – Financial Operations and Information Technology (2013M-112)
… five elected members. Expenditures for the fiscal year ended December 31, 2011 were $2,380,104. Key Findings … had it adopted more reasonable meal and lodging per diem rates. Although the District has hourly payroll expenditures that total approximately $81,000 per year, the District does not have procedures that provide …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/09/roosevelt-fire-district-financial-operations-and-information-technologyOverview – Membership and Enrollment
… About NYSLRS The New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the United States with more than 1.2 …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewDefinitions – Contribution Stabilization Program
… Normal Rates Employer contribution rates for each retirement plan are determined annually by NYSLRS’ Actuary … the Comptroller. The Actuary determines the present value of current and future retirement benefits based on the … incentive costs and prior years’ adjustments. Retirement System’s Average Rates The System average rate represents the …
https://www.osc.ny.gov/retirement/employers/csp/definitionsDiNapoli: Local Governments Levy $36.6 Billion in Property Taxes
… governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over … today by State Comptroller Thomas P. DiNapoli. Annual property tax levy increases have slowed significantly since 2005 and …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-governments-levy-366-billion-property-taxesNYSLRS Fact Sheet
… ERS (as of March 31, 2024) Average salary: $61,754 Average pension for all ERS retirees and beneficiaries: $27,870 Average pension for new ERS retirees: $31,985 Tiers of membership … (as of March 31, 2024) Average salary: $129,323 Average pension for all PFRS retirees and beneficiaries: $62,391 …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetOverview – What Every Employer Should Know
… your share of the annual cost of your employees’ future benefits. NYSLRS’ Actuary must ensure that adequate assets are being accumulated to pay benefits as they become due. To do that, the Actuary makes … February 1, 2026. 1 For the annual invoice due February 1, 2025, the average contribution rate (including group term …
https://www.osc.ny.gov/retirement/employers/partnership/about-employer-contribution-rates/overviewWest Colesville Volunteer Fire Company, Inc. – Board Oversight (2022M-45)
Determine whether the West Colesville Volunteer Fire Company, Inc. (Company) Board of Directors (Board) provided adequate oversight of financial operations.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/west-colesville-2022-45.pdfSlate Hill Fire District – Procurement and Claims Processing (2021M-105)
Determine whether the Slate Hill Fire District’s (District) Board ensured that goods and services were procured in accordance with the District’s procurement policy and whether claims were adequately supported, and for a valid purpose before payment.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/slate-hill-fire-district-2021-105.pdfJamesport Fire District - Length of Service Award Program (2019M-05)
Determine if District officials properly administer the length of service award program (LOSAP).
https://www.osc.ny.gov/files/local-government/audits/pdf/jamesport-05.pdfMeridale Rural Fire District - Management of Fund Balance (2018M-178)
Determine whether the Board properly managed fund balance.
https://www.osc.ny.gov/files/local-government/audits/pdf/meridale-rural.pdfTown of Brownville Joint Fire District - Board Oversight (2018M-207)
Determine whether the Board provided adequate oversight of District financial operations.
https://www.osc.ny.gov/files/local-government/audits/pdf/brownville-district.pdfLake Pleasant Volunteer Fire Department, Inc. - Financial Activities (2019M-157)
Determine whether Department officials provided adequate oversight of operations to ensure financial activity was properly reported and money was safeguarded.
https://www.osc.ny.gov/files/local-government/audits/pdf/lake-pleasant-volunteer-2019-157.pdfMembership Milestones for Police & Fire Retirement System (PFRS) Members
… If you are in the Police and Fire Retirement System (PFRS), no matter which retirement tier and plan you’re covered under, there are important milestones you … service credit, you are covered by a non-job-related death benefit. With 5 years of service credit, you become vested …
https://www.osc.ny.gov/retirement/members/membership-milestones-police-fire-retirement-system-pfrs-membersOversight of Resident Care-Related Medical Equipment in Nursing Homes
… Purpose To determine whether the Department of Health's monitoring and inspection of nursing homes is … comprehensive inspections, testing, and maintenance of resident care-related medical equipment. The audit covered the period January 1, 2015 …
https://www.osc.ny.gov/state-agencies/audits/2018/09/19/oversight-resident-care-related-medical-equipment-nursing-homesHow the Program Works – Contribution Stabilization Program
… fixed rate securities of appropriate duration held by the New York State Common Retirement Fund (Fund). That rate of … ratio are not affected. Rev. 12/23 … Explaining the New York State and Local Retirement System NYSLRS …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksState Contract and Payment Actions in February
… Behavioral Health for the administration of the Empire Plan’s mental health and substance use disorder program. … contractors. Cumulatively through February for calendar year 2024, DiNapoli’s office approved 3,026 contracts valued …
https://www.osc.ny.gov/press/releases/2024/04/state-contract-and-payment-actions-february