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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 89-8
… school district, district corporation or town or county improvement district to establish a repair reserve fund. … 7 also requires that any district corporation or improvement district, situated in whole or part within such a … fund. Clearly, a school district is not a town or county improvement district (see Town Law, article 12; County Law, …
https://www.osc.ny.gov/legal-opinions/opinion-89-8NYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Town of Alexander Clerk Arrested for Allegedly Stealing Nearly $3,000 of Taxpayer Funds
… nearly $3,000 from the town and altering town records to cover her theft. “Ms. Tiede was entrusted to safeguard public finances but instead she allegedly abused her position to steal town funds and attempted to hide her crime,” …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-town-alexander-clerk-arrested-allegedly-stealing-nearly-3000-taxpayer-fundsState Agencies Bulletin No. 2253
… 410 Health Care Spending Account 416 Deferred Comp 420 NY Dependent Care Contribution 425 Repay State Loans/Debt 426 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2253-april-2023-and-april-2024-retroactive-3-salary-increases-arbitrationState Agencies Bulletin No. 2301
… earnings limit for Tier 6 members of the New York City Employee Retirement System (NYCERS), New York City Teachers … are affected. Background: OT limit for Tier 6 began in State fiscal year 2012-13 at $15,000. The limit increases … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. … The purpose of this bulletin is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsState Agencies Bulletin No. 2339
… inform agencies of OSC’s automatic processing of the April 2025 Arbitration Eligible (BU01) and Non-Arbitration Eligible (BU21) Salary Increase for Employees in the Security Services Unit … NYS Bargaining Unit: 01 21 Comp Rate Code: ANN ANN HRY Grade: 101-125, 600, 800 600 Equated to Grade 101-125 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2339-april-2025-3-salary-increases-arbitration-eligible-bu01-and-nonVillage of Leicester – Financial Management (2025M-7)
… [read complete report – pdf] Audit Objective Did the Village of Leicester (Village) Board of Trustees (Board) … by rental and interest income, real property taxes, State aid and sales tax, while the water fund is funded primarily …
https://www.osc.ny.gov/local-government/audits/village/2025/05/09/village-leicester-financial-management-2025m-7Village of Montgomery – Audit Follow-Up (2021M-50-F)
… – pdf] Purpose of Review The purpose of our review was to assess the Village of Montgomery’s (Village’s) progress, … operations. The audit included six recommendations to help the Board and officials monitor and improve oversight … chief fiscal officer and responsible for the Village’s day-to-day financial activities, which include processing cash …
https://www.osc.ny.gov/local-government/audits/village/2025/04/04/village-montgomery-audit-follow-2021m-50-fDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
… the SFY 2025-26 Executive Budget Financial Plan, according to the March State Cash Report released by New York State … (10.4%) higher than the previous year, due, in part, to increased personal income tax (PIT) receipts resulting … year collections. The increase was primarily attributable to stronger withholding and quarterly estimated tax payments …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25DiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… Comptroller Thomas P. DiNapoli today released a report on student loan debt which found the average New Yorker with … higher than the national average of $29,700. In New York, student loan debt more than doubled during the last decade, … a more satisfying and secure life. But many who take out student loans face real difficulties in paying back their …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeState Agencies Bulletin No. 2188
… Purpose: The purpose of this bulletin is to notify agencies that the pensionable overtime (OT) … 2024. OSC Actions: OSC will update the OT limit in PayServ to reflect the $20,459 pensionable overtime earnings limit … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. … The purpose of this …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2188-2024-tier-6-overtime-limit-new-york-city-retirement-systemsOpinion 92-17
… or statutory amendments that bear on the issues discussed in the opinion. SALES TAX -- Agreements (right of towns to … school district purposes shall be distributed to the towns in the county or whether such areas may be omitted entirely from the sales tax distribution scheme set forth in the agreement. Under subdivision (a) of Tax Law, §1262, a …
https://www.osc.ny.gov/legal-opinions/opinion-92-17DiNapoli: Millions in NYC Transit Fines and Fees Uncollected
… more over the years. “New York City Transit can and should do more to collect fines from those who violate its rules,” … and delays on the rise Transit needs every dollar it can get to improve the subway service for straphangers. Fines are … 2001 start of the contract to Dec. 31, 2015, Transit has paid the vendor $46.4 million. TAB’s ability to collect …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-millions-nyc-transit-fines-and-fees-uncollectedComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former City of Rensselaer Department of Public Works Commissioner on Felony Charges For Stealing Scrap Metal Proceeds
… General Rachel Doft and former Assistant Attorney General Colleen Glavin. The Public Integrity Bureau is led by Bureau …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-city-rensselaer-department-publicDiNapoli Releases Report on Pre-Pandemic Migration Trends
… at a slower rate than nonresident filers, 3.1% compared to 13.6%, resulting, in part, from the greater number of … filers moving out of the state than moving in, according to a new report by New York State Comptroller Thomas P. … data available. The Comptroller’s Office will continue to monitor the trends as the data is updated. Policymakers …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-report-pre-pandemic-migration-trendsComptroller DiNapoli and A.G. Schneiderman Announce Sentencing for Rensselaer DPW Employees Who Stole Scrap Metal Proceeds
… General Rachel Doft and former Assistant Attorney General Colleen Glavin. The Public Integrity Bureau is led by Bureau …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-rensselaer-dpw-employees-who-stole-scrapOpinion 95-13
… school district purpose, in lieu of using the proceeds to pay principal and interest on the bonds, if the bonds do … were issued, those proceeds must be applied only to the payment of the principal and interest on the … Although section 165.00 provides several exceptions to certain of the requirements of paragraph a (see Local …
https://www.osc.ny.gov/legal-opinions/opinion-95-13DiNapoli: Hate Crimes Surged in New York Over the Last Five Years
… can be committed against a person or property. Except for 2020, which may reflect artificially low reporting due to … rose since 2018, but hate crimes involving assaults on people grew faster and were more common than property crimes … areas, including education, mental health services, and online safety, where action could be taken to help prevent …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-hate-crimes-surged-new-york-over-last-five-yearsOperational Advisory No. 33
… which was previously titled Shipping has been renamed to Shipping, Postage and Mail Services and should be used … Materials, Non-Personal Service budget account category to reflect the proper classification and treatment in the … used for the purchase of postage stamps. Reference: Guide to Financial Operations (GFO): Chapter IV.4.B Department …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/33-gfo-updates-postageshipping-account-codes