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Implications for the Future – 2022 Financial Condition Report
… faced the third year of the COVID-19 pandemic, its impact on the economy continued to be felt and was heightened by … funding for New York State. The State Relies Heavily on a Small Segment of Taxpayers New York State’s budget relies heavily on its Personal Income Tax (PIT), which produces almost 60 …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureTransformation of the MTA
… readiness) with each function’s leadership, and then Town Hall meetings were held with staff to inform them of the …
https://www.osc.ny.gov/state-agencies/audits/2025/08/08/transformation-mtaTransforming the Procurement Function
… (MTA) took action to comply with the MTA Board-approved Transformation Plan, resulting in improved service levels for … and complete a personnel and reorganization plan” (Transformation) by June 30, 2019. The MTA Board approved the Transformation plan on July 24, 2019. The plan called for all …
https://www.osc.ny.gov/state-agencies/audits/2024/12/26/transforming-procurement-functionImplications for the Future – 2021 Financial Condition Report
… The Economic Outlook: Employment Struggles and Uncertainty Remains While the recession brought on by the COVID-19 pandemic was short-lived, employment has yet to … While the recession brought on by the COVID19 pandemic was shortlived employment has yet to …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureMessage from the Comptroller – 2023 Financial Condition Report
… growth. In this environment, State policymakers increased support for schools, health care and other programs. At the … These include unexpected costs to support an influx of migrants seeking asylum and significant reductions to projected State tax …
https://www.osc.ny.gov/reports/finance/2023-fcr/message-comptrollerImplications for the Future – 2023 Financial Condition Report
… The Economic Outlook: Uncertainty Remains Looking ahead, numerous factors will continue to present … Looking ahead numerous factors will continue to present risks …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureThe Age 55 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… must retire by the first day of the month following your 70th birthday, even if you have not elected the special plan. …
https://www.osc.ny.gov/retirement/publications/1511/age-55-planThe Age 60 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… must retire by the first day of the month following your 70th birthday, even if you have not elected the special plan. … of your FAS for each year of credited service; plus 1/70th (1.42 percent) of your FAS for each year of prior …
https://www.osc.ny.gov/retirement/publications/1511/age-60-planDetermining the Ex-spouse's Share – Divorce and Your Benefits
… According to New York State law, pension benefits earned during a … the precise service credit accrued during the marriage when the numerator is written as an open date field, for … of the divorce action (xx/xx/xxxx). The numerator may also be written as a fixed number of months or years of service …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareCity of Dunkirk – Budget Review (B25-1-8)
… was to provide an independent evaluation of the City’s proposed budget for 2026. Background Chapter 56 of the Laws of 2024, Part DD (the City of Dunkirk Fiscal Recovery Act; “Deficit Financing Act”) … 30 days before the date scheduled for the City Council’s vote on the adoption of the final budget or the last date …
https://www.osc.ny.gov/local-government/audits/city/2025/11/21/city-dunkirk-budget-review-b25-1-8Essex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)
… renewable energy and recreational facilities).In return for financial assistance, many project owner occupants, or … existing buildings. The seven-member Board is responsible for managing ECIDA’s financial and operational affairs, … monitor projects that were provided financial assistance For example the Board did not develop and adopt by resolution …
https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024mState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … served as treasurer for the Essex County Agricultural Society, a non-profit organization that promotes agriculture … of the clerk’s activities at both the town and the society, the clerk was arrested in the summer of 2024 for …
https://www.osc.ny.gov/press/releases/2025/12/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued. Village of … – Clerk-Treasurer’s Records and Reports (Herkimer County) The current and former clerk-treasurers did not maintain … accurate or up-to-date financial records. As a result, the board lacked the financial information necessary to …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-releases-municipal-audits-0XI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… provide guidance to state agencies on the procurement of equipment, including: Establishment of need for the equipment; Determining the method of acquisition for the equipment; and Required approvals and other considerations. … provide guidance to state agencies on the procurement of equipment …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionSelected Aspects of Leasing Practices for Real Estate Department, Aviation, World Trade Center, and Leasing of Properties (2019-S-9)
To determine whether the Port Authority of New York and New Jersey collected all revenues due and identified revenue enhancement opportunities and whether …
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-19s9.pdfState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… made from this money will be overseen by Graycliff Partners, a new investment partner for the fund and one of 19 … to the In-State Program. Since 2007, three new managing partners have been added to oversee the program’s investments including Graycliff in 2014, Contour Venture Partners in 2011 and DFJ Gotham in 2009. “Graycliff Partners …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesHenderson Fire District – Financial Activities (2025M-67)
… funds received and disbursed during the month or balance sheet reports. Additionally, the Treasurer began providing …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/31/henderson-fire-district-financial-activities-2025m-67State Comptroller DiNapoli Releases School District Audits
… The district’s proposed budget complies with the tax levy limit because it includes a tax levy of $23,105,027, which is within the limits …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-school-district-auditsState Comptroller DiNapoli Releases School District Audits
… Department. When tested, the average wireless internet download speed was 142 Mbps. Greater Amsterdam School District – Capital Project (Montgomery County) The board and district officials properly planned, authorized … Department. When tested, the average wireless internet download speed was 232 Mbps, and the average ethernet cable …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-1Comptroller DiNapoli Releases Municipal Audits
… meet the eligibility requirements to receive agricultural building exemptions and incorrectly received $15,231 in tax … increase in fund balance from $8.6 million in 2013 to $20.9 million 2017. Fund balance is projected to increase to … in the May 2018 review of the 2018-19 proposed budget. Ontario County Sheriff’s Department – Civil Division …
https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-releases-municipal-audits-0