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DiNapoli: 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-economyInvestors Renew Call on Exxon to Address Climate Risk
… The CRF and the Church of England filed a similar proposal for consideration at Exxon's 2016 annual meeting. Despite … support from 38.2% of voting shareholders, a record for a climate change resolution at the company. "As … DiNapoli said. "We want to know what Exxon's strategy is for continued profitability as governments around the world …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … As a result, village officials did not seek competition for nine of 10 professional service providers paid $733,497. … as required. The board also did not seek competition for six professional services totaling approximately $559,311 …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… levels. The city should continue to identify opportunities for agency savings, which will provide added budgetary … and are manageable under current conditions. The budgets for these years include annual reserves of $1.25 billion that … estimated 1.8 percent, with non-property taxes declining for the first time since FY 2010. Job creation has also …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetDiNapoli: Audit Finds up to $12.1 Million in Inappropriate Medicaid Payments
… payments during 2015, including $2.3 million for dead patients and millions more for recipients who had been … is included in the final audit. Read the report or go to: … payments during 2015 including $23 million for dead patients and millions more for recipients who had been …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-audit-finds-121-million-inappropriate-medicaid-paymentsNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the … Thomas P. DiNapoli. "New York City's economy is robust and the fiscal year 2019 budget is balanced under current … DiNapoli said. "However, the out-year gaps have grown and there are risks that could make closing them more …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: State Must Make Progress on Monitoring Drinking Water Contaminants
… to improve how it informs the public of potential hazards in public drinking water systems and ensure proper actions … "Safe drinking water is a basic need and, as we learned in the wake of widespread problems in Hoosick Falls and Newburgh, the state must step up its …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-state-must-make-progress-monitoring-drinking-water-contaminantsComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … financial reports. In addition, the town’s procedures for auditing claims were not in compliance with town law. … have not established formal policies or procedures for handling and recording cash receipts. Town of Kiantone – …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-releases-municipal-audits-1DiNapoli, Stringer Lead Investors Calling on Olympic Sponsors to End Their Silence, Defend Russian LGBT Rights
… by and let that happen. Corporate sponsors should stand up for human rights and the respect and equality symbolized in … their reputations and shareholder value. There’s no excuse for being silent on these issues.” The letters cite the … rights of LGBT people are not acceptable. The obligation for these companies to strive toward responsible and …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-stringer-lead-investors-calling-olympic-sponsors-end-their-silence-defend-russian-lgbtDiNapoli: Some NYC Schools Failing to Report Violent, Disruptive Incidents
… instances there was no documentation that staff looked for them or brought them back to their classrooms or that the … The audit checked the 10 schools' incident reports for the 2011-2012 and 2012-2013 schools years. During that … include: 50 incidents of assault with a physical injury, for example: At IS 27 in Staten Island, a student pushed …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-some-nyc-schools-failing-report-violent-disruptive-incidentsOpinion 89-8
… opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the Office of the State Comptroller to … Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for consent by the Office of the State Comptroller to … in Adirondack Park) STATE COMPTROLLER -- Approval by (for establishment of repair reserve fund by school district …
https://www.osc.ny.gov/legal-opinions/opinion-89-8State Agencies Bulletin No. 2122
… who have not received a paycheck since 12/31/2021, and to provide agencies instructions for the use of Reason … Legislature ( Deptids 04XXX ) Division of Military and Naval Affairs ( Deptids 01071 and 01072 ) Civil Service Test Monitors ( Deptid 08060 ) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearState Agencies Bulletin No. 2092
… Purpose The purpose of this bulletin is to notify agencies that the pensionable … Retirement System (NYCBERS) for the 2023 plan year is $19,729.00. Affected Employees Tier 6 members of NYCERS, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… In 1990, the US Congress enacted legislation (§1405(a) of … authority. Guide to Financial Operations REV. 06/07/2013 … In 1990 the US Congress enacted legislation 1405a of Public …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… Tax collections for State Fiscal Year (SFY) 2021-22 totaled $121.1 billion — … York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2021-22 were $38.8 billion higher than the previous … than the most recent forecast; $724 million set aside for public employee health insurance costs; $843 million was …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsCUNY Bulletin No. CU-728
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s … record is incorrect and can be corrected prior to the raise processing, CUNY must submit these transactions prior to 01/26/2022 to allow automatic raise processing. Control-D Report Available After …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalDiNapoli Releases December State Cash Report
… December, $5 billion or 4.8 percent higher than last year for the same period. Significant increases include spending for Medicaid (up $2.7 billion, primarily from federal …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportNYS Common Retirement Fund Reports Third Quarter Results
… percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 … the ongoing market volatility, our pension fund is strong and well-diversified and ready to meet any ups and downs. Investment gains will …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 … strong and well-diversified, but gains are clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOvertime at State Agencies Reached All-Time High in 2020
… working overtime worked 16.3 more hours per a two-week pay period on average, an increase of 8.9 percent in 2020. The statewide average of overtime earnings per pay period went up 10.7 percent to $727. Since 2011, the … They include full-time, part-time and temporary staff per pay period throughout the year. With limited exceptions, a …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020