Search
NYS Common Retirement Fund Announces Third Quarter Results
… 31, 2013 was 5.14 percent, increasing the Fund's value to an estimated $173.2 billion, according to New York State Comptroller Thomas P. DiNapoli. The Fund … long term results but we watch the markets closely to capitalize on emerging opportunities.” The Fund has 37.6 …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsVillage of New York Mills – Justice Court (S9-14-4)
… Purpose of Audit The purpose of our audit was to determine if Court officials properly collected, reported … Court is not properly reporting unresolved traffic tickets to the State’s Department of Motor Vehicles (DMV). We found … Key Recommendations Report and remit all excess money to the JCF until documentation is presented as to where the …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/08/15/village-new-york-mills-justice-court-s9-14-4DiNapoli Halts $24 Million in Suspicious Tax Refunds
… 7,482 improper filings –an 18 percent rise from last year. To date, DiNapoli's office audited and approved 4.8 million … refund requests totaling $352.5 million are expected to be paid in the coming days. “Those who break the rules … “Tax cheats are continually coming up with new schemes to get money they aren’t entitled to. My office works …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsFrankfort-Schuyler Central School District – Financial Management (2016M-226)
… Purpose of Audit The purpose of our audit was to examine the District’s financial management practices for … financial plan, which would allow District officials to identify developing revenue and expenditure trends, set … and take appropriate action, in accordance with statute, to remedy reserves with excess funds. Adopt a reserve fund …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/30/frankfort-schuyler-central-school-district-financial-management-2016m-226State Agencies Bulletin No. 2197
… Purpose: The purpose of this bulletin is to inform agencies of the new chargeback process for direct-mailed 2023 form W-2’s. Background: In order to repay OSC for the direct mailing costs for 2023 form W-2 … employees, an agency chargeback journal must be entered to credit the OSC revenue chartfield string. OSC Actions: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2197-direct-mailed-form-w-2-agency-chargebackReal Estate Portfolio
… dispose of properties, and whether it has disposed of real property on terms beneficial to the State. The audit covers … authority to maintain adequate inventory controls for its property and report annually on all property held. It also requires authorities to transfer or …
https://www.osc.ny.gov/state-agencies/audits/2014/03/27/real-estate-portfolioState Agencies Bulletin No. 1080
… Purpose To notify agencies that OSC will process a final refund file … 1999 and 2005, and Did not accumulate sufficient funds to purchase a bond as determined by NBT , and Did not receive … outstanding refunds for inactive accounts while preparing to close in December 2010. They were submitted on a separate …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1080-final-refunds-deduction-code-101-bondsState Agencies Bulletin No. 2135
… of this bulletin is to inform agencies of the April 2023 Increase to Hazard Duty Pay. Affected Employees Employees in Administrative Services … which implemented the 2021 – 2026 Agreement between the State of New York and the Civil Service Employees Association …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2135-april-2023-increase-hazard-duty-pay-employees-represented-civil-serviceEfficiency of Warehouse Space (Follow-Up)
… Objective To determine the extent of implementation, as of April 2022, … and Government Efficiency (SAGE) Commission was formed to streamline State government operations by eliminating …
https://www.osc.ny.gov/state-agencies/audits/2022/05/25/efficiency-warehouse-space-followDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… P. DiNapoli, Steuben County District Attorney Brooks Baker and the New York State Police today announced that … said. “Thanks to my partnership with Steuben County D.A. Baker and the State Police she was held accountable for her … investigation by Comptroller DiNapoli, District Attorney Baker and the New York State Police. Stevens, 38, of Almond, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service (Follow-Up)
… of implementation of the six recommendations included in our initial audit report, CVS Health - Accuracy of Drug … for the period January 1, 2014 through December 31, 2018. In accordance with the contract, CVS Health was required to … rebate revenue related to Empire Plan drug utilization in accordance with its contract with Civil Service. Our audit …
https://www.osc.ny.gov/state-agencies/audits/2021/02/08/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-service-followDiNapoli: January Local Sales Tax Collections Down 5.9 Percent
… statewide were down 5.9 percent in January compared to the same time last year, State Comptroller Thomas P. … pandemic (April-June). “The COVID-19 pandemic continues to weigh heavily on New York’s local governments, even as … local communities are suffering and are working diligently to get them aid.” Regionally, Central New York is the only …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-january-local-sales-tax-collections-down-5-point-9-percentCVS Health - Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service (Follow-Up)
… The Empire Plan is the primary health benefits plan for NYSHIP, covering 1.1 million members. Civil Service … to administer the Empire Plan’s prescription drug program for the period January 1, 2014 through December 31, 2018. In … required to negotiate agreements with drug manufacturers for rebates and remit the rebate revenue to Civil Service. …
https://www.osc.ny.gov/state-agencies/audits/2020/12/29/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-service-followDiNapoli: Statewide Local Sales Tax Collections Down 7.1 Percent in November
… collections declined by 7.1 percent in November compared to the same month last year, according to State Comptroller Thomas P. DiNapoli. November’s sales tax … - November) are down $1.7 billion (10.1 percent) compared to the same period in 2019. “Sales tax collections are a …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-statewide-local-sales-tax-collections-down-71-percent-novemberOversight of Resident Care-Related Medical Equipment in Nursing Homes (Follow-Up)
… issuance of the follow-up review to provide information on any actions that are planned to address the unresolved issues …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/oversight-resident-care-related-medical-equipment-nursing-homes-followTown of Chesterfield – Internal Controls Over Selected Financial Operations (2014M-331)
… of approximately 2,450. The Town, which is governed by an elected five-member Town Board, includes the Port Kent … assess penalties to all tax payments that are not received by the due date and ensure that collections are physically …
https://www.osc.ny.gov/local-government/audits/town/2015/03/06/town-chesterfield-internal-controls-over-selected-financial-operations-2014m-331College at Purchase – Selected Employee Travel Expenses
… of travel monies by selected government employees complied with rules and regulations and is free from fraud, waste, and … of travel monies by selected government employees complied with rules and regulations and is free from fraud waste and …
https://www.osc.ny.gov/state-agencies/audits/2013/02/14/college-purchase-selected-employee-travel-expensesDiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… collections in New York grew by 12.9% in October compared to a year ago, State Comptroller Thomas P. DiNapoli announced … tax vendors for the reporting quarter and adjusts payments to local jurisdictions in those months upward or downward … collections in New York grew by 129 in October compared to a year ago State Comptroller Thomas P DiNapoli announced …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020IV.5.B Bond and Debt Proceeds – IV. Accounting Codes - Uses and Descriptions
… paper or Bond Anticipation Notes (BANs). Click here to download the table below as a Microsoft Excel file . SFS … are paid off with the invested proceeds. 36321 Payments to Escrow Agents Refund Return of revenue to escrow agents. 36331 SWAP Termination Effective Proceeds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5b-bond-and-debt-proceedsTown of East Fishkill –Financial Condition (2014M-139)
… deficits. The Town funded the sewer fund’s deficits with interfund advances from the general fund, which has a … that all interfund borrowing is repaid in accordance with the law. … Town of East Fishkill Financial Condition …
https://www.osc.ny.gov/local-government/audits/town/2014/08/08/town-east-fishkill-financial-condition-2014m-139