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New York’s Economy and Finances in the COVID-19 Era
… According to BLS, 15 percent of employed people ages 16 to 24 are teleworking, compared to 35 percent of workers … Survey data, 4.5 percent of employed New Yorkers aged 16 and over worked from home, compared to 5.3 percent … for April through July were down $3 billion from last year. Tax receipts for the first four months of the fiscal …
https://www.osc.ny.gov/reports/covid-19-august-19-2020XIX.6.A Cost Allocation – XIX. Project Costing (PCIP)
… level for time and cost which will be directly coded to projects by pay period. In order to meet the requirements detailing cost allocation and labor … hour tracking for grants and projects, it is necessary to interface Time and Labor systems with the SFS. The time, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix6a-cost-allocationDiNapoli: State Agencies Persistently Late with Not-For-Profits Contracts
… in 2018. “In the coming months, New York state will need to rely on our not-for-profit partners more than ever to continue fighting the impacts of the coronavirus and help provide essential services to New Yorkers,” DiNapoli said. “The failure of state …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-agencies-persistently-late-not-profits-contractsService-Disabled Veteran-Owned Businesses
… SDVOB program allows eligible veteran business owners to become certified as SDVOBs, and aims to increase their participation in State contracts, with a … By law, State agencies must make good faith efforts to use SDVOBs in procurement. The Office of the State …
https://www.osc.ny.gov/state-vendors/sdvobXII.5 Overview – XII. Expenditures
… OVERVIEW AND POLICIES The purpose of this section is to provide guidance to Business Units for preparing and submitting vouchers to the Office of the State Comptroller (OSC) for payment in …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii5-overviewXVII.2.B Negative Appropriation/Segregation Budgets – XVII. Lapsing Appropriations
… due to lapse must be corrected no later than five business days prior to the lapse date. Agencies should use … > Negative Segregation Balance. The report can be viewed in Report Manager or through the Process Monitor > Details > …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2b-negative-appropriationsegregation-budgetsXIX.1.B PCIP SFS Federal Security Roles – XIX. Project Costing (PCIP)
… Project Activity Guide Provides a user access to the basic elements needed to create and maintain projects and the relationship with … Project Activity Guide Maintenance Provides a user access to the basic elements needed to create a project in an ‘Open’ …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1b-pcip-sfs-federal-security-rolesTown of Wawarsing - Recreation Department Records (2019M-20)
… complete and accurate accounting records and reports to allow the Board to properly manage the Town’s Recreation finances. Key … Recreation records were incomplete and not reconciled to accounting records. The Director did not maintain adequate …
https://www.osc.ny.gov/local-government/audits/town/2019/06/28/town-wawarsing-recreation-department-records-2019m-20XVI.3.F Public Benefit Corporations – XVI. Financial Reporting
… Authority. In addition, other State entities have utilized the relative fiscal strength of the TBTA to … to the State upon termination. State oversight entities have numerous review and approval powers, including the … to high-quality health care services to populations that have difficulty gaining access to services; and improve …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3f-public-benefit-corporationsComptroller DiNapoli and A.G. Underwood Announce Indictment of Former NYC Council Candidate Alberto Alvarez and Former Non-Profit Director Anna Mendez
… Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2018/12/comptroller-dinapoli-and-ag-underwood-announce-indictment-former-nyc-council-candidate-albertoComptroller DiNapoli & A.G. Schneiderman Announce Felony Charges Against Mount Vernon Mayor Richard Thomas
… and we’re committed to continuing to root it out across New York." The felony complaint filed with the Court today … family breakfast at JFK Airport that Thomas listed on FORT’s NYSBOE 2016 January Periodic filing as a housekeeping …
https://www.osc.ny.gov/press/releases/2018/03/comptroller-dinapoli-ag-schneiderman-announce-felony-charges-against-mount-vernon-mayor-richardOpinion 90-28
… This opinion represents the views of the Office of the State Comptroller at the time it was … against a planning board member performing uncompensated work in connection with a matter before the board, the board … his or her private capacity, in connection with any matter pending before his or her agency, regardless of whether the …
https://www.osc.ny.gov/legal-opinions/opinion-90-28Comptroller DiNapoli Releases School Audits
… While the district appropriated fund balance to help finance operations, it was not needed because the district’s … plan to use $13 million of the accumulated surplus to finance a capital project, rather than issue debt that aligns … or amounts to fund them. District officials issued debt to pay for tax certiorari judgments, which masked the district’s …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-auditsCUNY Bulletin No. CU-595
… Purpose To provide agencies instructions for processing the CUNY … Date(s) February 12, 2017 or later Eligibility Criteria To be eligible to receive the $5,300.00 CUNY Start Lead Instructor …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-595-cuny-start-lead-instructor-differentialComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … era of limited resources and increased accountability, it’s critical that schools make every dollar count,” DiNapoli … the district’s total unrestricted unappropriated fund balance has declined from $7.2 million in fiscal year 2010-11 …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-school-audits-1Monitoring Town Asphalt Road Projects (2012MS-7)
… complete report - pdf] We also released 10 letter reports to the following Towns: Brookhaven [pdf] , East Hampton [pdf] … [pdf] . Purpose of Audit The purpose of our audit was to determine whether towns adequately monitored road surfacing projects for the period January 1, 2011, to December 31, 2011. Background Vendors produce daily batch …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2013/04/05/monitoring-town-asphalt-road-projects-2012ms-7Filing for Retirement – When Employees Retire
… a retirement application in order to start receiving their pension. Retirement Online is the fastest way for employees …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/filing-retirementCUNY Bulletin No. CU-706
… subject to all employment taxes and income taxes. Federal, State and New York City income tax withholding will be calculated using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-706-2021-lump-sum-payments-eligible-city-university-new-yorkGlossary – Governmental Accounting Standards Board
… Actuarial Assumptions ) including a 5.9% discount rate. Employer’s Contribution The amount reflects an employer’s regular pension contribution, including Group Life … amounts were recorded when the amounts were initially due. Employer’s Proportion A measure of an employer’s share of a …
https://www.osc.ny.gov/retirement/employers/gasb/glossaryOpinion 2004-3
… water rents) STATE CONSTITUTION, ARTICLE VIII, §§10, 10-a, 11(b): Generally, a city may exclude from its constitutional tax limit the … and future benefits (see Cherey v City of Long Beach , 282 NY 382), and sets the maximum period over which an object or …
https://www.osc.ny.gov/legal-opinions/opinion-2004-3