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MTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
The Metropolitan Transportation Authoritys MTAs East Side Access project which will bring Long Island Rail Road LIRR service to Grand Central Terminal for the first time is expected to cost nearly $9 billion when finished in 2019 more than twice the MTAs initial cost estimate and a decade
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetDiNapoli: NYC Sales Tax Collections Strong Due to Tourism and Commuter Return, Fueling Statewide Strength
… in the near future.” At the onset of the pandemic, local consumption in New York City fell drastically as shutdowns … is conservative given elevated prices and continued consumption, which show fiscal year-to-date collections … growth rates following the next two fiscal years. Report NYC Taxable Sales and Purchases: Resilient Amid Economic …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strengthDiNapoli Releases December State Cash Report
… State tax collections through the first three quarters of the fiscal year declined $1.2 billion, or 2.2 percent, … year by more than $1 billion,”DiNapoli said. “The timing of payments and the level of financial sector bonuses will influence whether current …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportState Agencies Bulletin No. 1800
… page will be modified to reflect the changes associated with the new Form W-4. The new 2020 Form W-4 eliminates the … amounts based on the employee’s filing status, along with optional adjustments, will be used to calculate the … a new Form W-4, the default withholding will be Single with no additional adjustments. The new form W-4 will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1800-2020-form-w-4-employees-withholding-certificate-and-payserv-federal-taxState Agencies Bulletin No. 2080
… card by scrolling through the Deduction Codes. If a record with the same FCC Code exists, add a new row in the Deduction Details page, insert a row and continue with Step 5. If there is not an existing row for the FCC … of 2023, OSC will end date all 2022 SEFA deductions with no end date or an end date that is not valid. Flat/Addl. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2080-2023-state-employees-federated-appeal-sefa-campaignDiNapoli & NYC Make it Easier to Save for College
… in helping NYC Kids RISE achieve its important mission." "This is great news for children and families. As the first in … Program to help thousands of students in Queens District 30 save for college. In addition to eliminating the minimum … disclosure booklet here or go to: http://cdn.unite529.com/jcdn/files/NYD/pdfs/DisclosureBooklet.pdf Ascensus Broker …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-nyc-make-it-easier-save-collegeDiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record levels in the prior year to $180,420 even though the credit crunch … securities industry rewarded employees who performed well in 2007 even though the credit crunch battered profits,” …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: NYC Budget Benefiting From Strong Economy
… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will likely grow as tax … P. DiNapoli. “This is shaping up to be another solid year for the city. Job growth in the five boroughs has been … industry, one of the city’s economic engines, is on track for a good year and profits are likely to exceed last year’s …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyState Agencies Bulletin No. 1157
… Retirement System are effective April 2013, and a bulletin with instructions will be issued at that time. OSC Actions As … and NYTNC6 OSC will identify any Retirement enrollees with an election date on the Retirement Plans table later … move employees into Tier 6 will begin on April 20, 2012, with an expected completion date of April 25, 2012. Agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1157-new-tier-6-benefit-structure-enrollment-following-retirement-systemsPublic Housing Modernization Program – Administration of Selected Projects Outside of New York City
… Program (Program), administered by DHCR in conjunction with HTFC, provides grants to public housing authorities … restructured (where the authority has already partnered up with a consultant to oversee the funded project, as well as a … have been competitively procured, could have been avoided with better planning, or were not adequately justified by …
https://www.osc.ny.gov/state-agencies/audits/2016/05/12/public-housing-modernization-program-administration-selected-projects-outside-new-york-cityCUNY Bulletin No. CU-466
… schedule. In addition, the CUNY University Payroll Systems and Operations office must provide to OSC for each of … should be directed to the Director of University Payroll Systems and Operations. Questions regarding this bulletin may …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-466-2013-cuny-research-foundation-grant-payments-summerPension Funds Break New Ground on Board Diversity
… Fund (Fund) has reached precedent-setting agreements with Monster Beverage Corp. and Standard Pacific Corp. to … proposals it filed at the two companies. “Corporations with homogeneous boards are vulnerable to ‘groupthink’ which … in their nominating charters. The Fund’s agreements with Monster and Standard Pacific are the first to include …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityOpinion 89-44
… or not they have presided as a justice or have received money in the performance of their duties during the preceding …
https://www.osc.ny.gov/legal-opinions/opinion-89-44VII.3.A AP Adjustment Voucher Preparation – VII. State Revenues and Appropriated Loan Receivables
… AP Adjustment Voucher there are two invoice lines, each with its own distribution line, that are required to be … There are specific exceptions which should be discussed with your Budgets and Spending Accountant. The most common … must contain the same chartfield values as the first line with the exception of the account code. The account code must …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3a-ap-adjustment-voucher-preparationState Agencies Bulletin No. 1942
… receive retroactive pay in their paychecks. The employee’s paystub provides the total amount of each retroactive …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1942-new-locked-queries-review-retroactive-payments-employees-paycheckDiNapoli: Former Hannibal Fire Chief and Father Indicted for Allegedly Stealing Go-Kart Proceeds
… and his father Carl Emmons Sr., a volunteer firefighter, for allegedly stealing a total of nearly $14,500 from the … DiNapoli said. “They will now be held accountable for their actions. My thanks to District Attorney DiMartino and the State Police for their partnership in ensuring justice will be served.” …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-hannibal-fire-chief-and-father-indicted-allegedly-stealing-go-kart-proceedsDiNapoli: Tax Cap Remains at Two Percent for 2020
… Property tax levy growth for local governments with fiscal years that close on Dec. 31 will be capped at 2 … to the lesser of the rate of inflation or 2 percent with some exceptions, including a provision that allows … During the 2014 through 2018 fiscal years, municipalities with a fiscal year ending on Dec. 31 had their levy growth …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-tax-cap-remains-two-percent-2020Unified Court System Bulletin No. UCS-195
… the end of calendar year 2013 (Pay Period 20C) processing for judges in the Unified Court System. Affected Employees … (26) equal installments. See Payroll Bulletin UCS-82 . For calendar years that contain twenty-seven (27) paychecks, … in 2005. Judges, as a result, will not receive a paycheck for Pay Period 20C dated December 31, 2013. OSC Action OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-195-end-calendar-year-2013-processing-judgesReal Property Tax Cap - School Districts Guidance
… 2015-2016 School Tax Levies/LIPA PILOTs: Filing Tax Cap Form for 2016-17 School Year The 2015-2016 tax levies for … these instances, the first line of the 2016-2017 tax cap form (prior year levy: Tax Levy FYE 6/30/2016) should be the … receivable FYE 6/30/2017), the amount entered on the form should be based on a good faith estimate of the amount …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidanceEDSS - Create Users and Assign Roles
… use. Never allow other users to log into the account with your User ID and password. Creating users If you …
https://www.osc.ny.gov/state-agencies/contracts/edss-create-users-and-assign-roles