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DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… growth in tax collections and job creation, according to a report released today by State Comptroller Thomas P. … policies present the greatest and most imminent risk to New York City’s financial outlook. The city faces the … of millions of dollars in federal funding and cuts to Medicaid," DiNapoli said. "With these risks in mind, Mayor …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 90-40
… trustee) VILLAGE LAW, §4-400(1)(a): A village trustee who is also deputy mayor does not vote both in his or her … mayor, "during the absence or inability of the mayor, is vested with all the powers and may perform all the duties … added]). The quoted paragraph from section 4-400(1)(a) is identical to language in section 88 of the former Village …
https://www.osc.ny.gov/legal-opinions/opinion-90-40Opinion 89-8
… on the issues discussed in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the Office of … by school district in Adirondack Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for consent by the Office of … STATE COMPTROLLER -- Approval by (for establishment of repair reserve fund by school district in Adirondack Park) …
https://www.osc.ny.gov/legal-opinions/opinion-89-8DiNapoli: NYC Budget Benefits From Stronger Economy
… budget gap and narrow the out-year budget gaps, according to an analysis of the city’s financial plan released today by … setback increases with each year,” DiNapoli said. “To his credit, Mayor de Blasio has taken steps to increase the city’s reserves, which would cushion the …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… receipts above DOB estimates through the end of SFY 2024-25. Tax collections for SFY 2023-24 were $5.2 billion lower … ensure that the enacted budget for State Fiscal Year 2024-25 accounts for such risk.” Tax Collection Comparison …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli Releases October State Cash Report
… conditions and the revenue outlook may change.” State tax collections through October totaled $42.3 billion and … higher than the same period last year. Year-to-date tax collections were $5.4 million over the latest projections … from the October cash report include: Personal income tax receipts through Oct. 31 were $26.7 billion, an increase …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-releases-october-state-cash-reportXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… 31 USC §§1551-1557) which requires all Federal agencies to close fixed year appropriation accounts and cancel any … All State agencies should review expiring grant documents to ensure payments and disbursements are correctly posted to M-Year affected appropriation records. Early …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderState Agencies Bulletin No. 2092
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime (OT) … Retirement System (NYCBERS) for the 2023 plan year is $19,729.00. Affected Employees Tier 6 members of NYCERS, … on December 31 of the previous year. The 2023 OT limit is $19,729.00. Effective Dates Effective for Institution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsSelected Management and Operations Practices
… vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of … be achieved. We also determined whether NYPA’s EVolve NY program met its initial project goals by the end of 2019. … vehicle initiatives and programs placed the Charge NY and Charge NY 20 charging stations in locations where the …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesState Agencies Bulletin No. 2301
… Purpose: The purpose of this bulletin is to notify agencies that the pensionable overtime (OT) … Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: Tier 6 members of NYCERS, … on December 31 of the previous year. The 2025 OT limit is $20,958.00. Effective Dates: Effective for Institution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsRFQual0002 – Independent Examiner Services (Individual Physicians)
… by the Retirement and Social Security Law, is seeking to contract with physicians having general and specialized … disability hearings on an as-needed basis (“Services”). To view the advertisement, visit the New York State Contract … 3 (OSC Procurement Forms) Draft Contract Responses to Questions Entities interested in this opportunity must …
https://www.osc.ny.gov/procurement/rfqual0002NYS Common Retirement Fund Announces First Quarter Results
… 2015, with an estimated value of $182.5 billion, according to New York State Comptroller Thomas P. DiNapoli. "The first … by the Fund in 2009 as part of his on-going efforts to increase accountability and transparency. About the New … 30 2015 with an estimated value of $1825 billion according to New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsTown of Lee – Financial Management (2025M-63)
… or revenue shortfalls, enabling town officials to continue providing necessary services during times of … uncertainty. It is a town board’s (board) responsibility to determine what is a reasonable level after considering … of reserve funds. The board should manage fund balance to help ensure levels do not exceed a reasonable amount and …
https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63Commack Union Free School District – Lead Testing and Reporting (S9-25-9)
… identify, report and implement needed remediation to reduce lead exposure in potable water outlets? Audit … used in plumbing and has since been identified as toxic to people, especially young children. Lead poisoning can … or causing hearing and speech problems which can lead to greater difficulty performing well in school and beyond. 1 …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/11/commack-union-free-school-district-lead-testing-and-reporting-s9-25-9Glen Cove City School District – Lead Testing and Reporting (S9-25-17)
… identify, report and implement needed remediation to reduce lead exposure in potable water outlets? Audit … used in plumbing and has since been identified as toxic to people, especially young children. Lead poisoning can … or causing hearing and speech problems which can lead to greater difficulty performing well in school and beyond. 1 …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/25/glen-cove-city-school-district-lead-testing-and-reporting-s9-25-17Harpursville Central School District – Lead Testing and Reporting (S9-25-11)
… identify, report and implement needed remediation to reduce lead exposure in potable water outlets? Audit … used in plumbing and has since been identified as toxic to people, especially young children. Lead poisoning can … or causing hearing and speech problems which can lead to greater difficulty performing well in school and beyond. 1 …
https://www.osc.ny.gov/local-government/audits/school-district/2025/08/01/harpursville-central-school-district-lead-testing-and-reporting-s9-25-11Village of Montgomery – Audit Follow-Up (2021M-50-F)
… – Board Oversight of the Treasurer’s Office (2021M-50), released in July 2021. The audit determined that the …
https://www.osc.ny.gov/local-government/audits/village/2025/04/04/village-montgomery-audit-follow-2021m-50-fVillage of Leicester – Financial Management (2025M-7)
… it is available for appropriation to reduce taxes, fund one-time expenditures and other uses. The Board is … chief fiscal officer and budget officer. The Village has two operating funds: general and water. The 2024-25 general …
https://www.osc.ny.gov/local-government/audits/village/2025/05/09/village-leicester-financial-management-2025m-7NYS Common Retirement Fund Announces Second Quarter Results
… 2017, with an estimated value of $201.3 billion, according to New York State Comptroller Thomas P. DiNapoli. "I am pleased to report that the Fund has reached the $200 billion … fiscal year," DiNapoli said. "The Fund's value continued to rise with equities markets this year, but more …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 was -7.17 percent for … period ending Dec. 31, 2018, with an estimated value of $197.3 billion, according to New York State Comptroller … erased during the market’s steep drop at the tail end of 2018," DiNapoli said. "Fortunately, the market has since …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-results