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Opinion 2005-3
… (sale and leaseback of occupied building) EDUCATION LAW §§402, 1709(11); GENERAL MUNICIPAL LAW §§72-j, 109-b: A union free school district is not … certain student facilities, would be managed by a private firm, under a lease-management agreement. Alternatively, you …
https://www.osc.ny.gov/legal-opinions/opinion-2005-3Opinion 92-23
… we concluded that a portion of a town water district garage not needed by the district may be leased to the town). …
https://www.osc.ny.gov/legal-opinions/opinion-92-23Median Income
… in Manhattan by $2,590 (-2.4 percent), and in the Bronx by $661 (-1.3 percent) between 2019 and 2024. When real … Decrease Schoharie $71,029 $70,133 -$896 -1.3% Decrease Bronx $49,337 $48,676 -$661 -1.3% Decrease Genesee $74,487 … A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual …
https://www.osc.ny.gov/reports/median-incomeTown of Milan - Town Clerk/Tax Collector (2018M-257)
… and remitted money in a timely manner. Key Findings Real property taxes totaling $3.1 million in 2017 and $3.0 million … fees to applicants during the audit period. Twenty-nine property tax payments totaling $56,308 were deposited from … to 19 days late. Key Recommendations Ensure that all real property taxes are deposited and remitted to the Supervisor …
https://www.osc.ny.gov/local-government/audits/town/2019/03/08/town-milan-town-clerktax-collector-2018m-257Opinion 88-1
… Village of Hempstead , 186 Misc 74, 58 NYS2d 880, affd 270 App Div 898, 62 NYS2d 165, app dsmd 296 NY 666; Delihan v O'Dwyer , 197 Misc 950, 97 NYS2d 326, revd on other grnds 277 App Div 407, 100 NYS2d 512, affd 302 NY 451). In view of …
https://www.osc.ny.gov/legal-opinions/opinion-88-1Opinion 2004-3
… a city may exclude from its constitutional tax limit amounts appropriated from its water fund for certain capital … and repairs thereof, and then to the payment of the amounts required in such fiscal year to pay the interest on … for debt service "outside" the tax limit, to include amounts for debt service on indebtedness issued to finance …
https://www.osc.ny.gov/legal-opinions/opinion-2004-3NYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Funds Fund overall return in the second quarter of the state fiscal year 2015 was 052 percent bringing the Funds estimated value to $1783 billion according to New York …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsTax Exemption Administration In the Towns of Babylon, Brookhaven, Huntington, Islip and Smithtown (2019MR-1)
… complete report - pdf] Audit Objective Determine whether town assessors in Suffolk County are properly administering … calculated exemptions granted, some of which included Town-wide errors. Assessors granted exemptions that lacked … uniform rate of assessment to all properties listed on the Town’s assessment roll. Ensure all applicants provide …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2019/09/20/tax-exemption-administration-towns-babylon-brookhaven-huntington-islipOpinion 94-17
… [2]; see also General Municipal Law, §120-aa; Second Class Cities Law, §79). Although we are aware of no State …
https://www.osc.ny.gov/legal-opinions/opinion-94-17Opinion 91-16
… however, generally connotes items such as illustrations, maps, pictures, and varying arrangements of lines of unequal …
https://www.osc.ny.gov/legal-opinions/opinion-91-16Town of Ulster – Town Assessor (2016M-361)
… property tax exemption process for the period January 1, 2015 through August 25, 2016. Background The Town of … property tax exemptions. The Tax Assessor did not file Transfer of Exempt Real Property forms with the county for … verify that proper documentation is maintained. File the Transfer of Exempt Real Property forms for the four …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-ulster-town-assessor-2016m-361Opinion 89-29
… of an agreement between a village and the U.S. Parks Service of the Department of the Interior, a village may … of property for the purpose of exchanging it for Parks Service property needed for construction of a village street. … are expressing no opinion as to the authority of the Parks Service in this regard. July 25, 1989 William A. Thomas, …
https://www.osc.ny.gov/legal-opinions/opinion-89-29DiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Fund (Fund) has committed an additional $1.2 billion to its emerging manager program, increasing the total commitment to more than $5 billion. The program is designed to help diversify the Fund’s investments and expand its pool … Fund Fund has committed an additional $12 billion to its emerging manager program increasing the total …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programOpinion 2009-2
… as a part of the general levy for town purposes ( see 1989 Ops St Comp No. 89-54, at 122; 1986 Ops St Comp No. 86-45, at 74). 2 Town Law § 209-q (13) (a), … area of the town outside of any villages ( see e.g . 1987 Ops St Comp No. 87-27, at 43; Office of the State …
https://www.osc.ny.gov/legal-opinions/opinion-2009-2Opinion 2009-2
… as a part of the general levy for town purposes ( see 1989 Ops St Comp No. 89-54, at 122; 1986 Ops St Comp No. 86-45, at 74). 2 Town Law § 209-q (13) (a), … area of the town outside of any villages ( see e.g . 1987 Ops St Comp No. 87-27, at 43; Office of the State …
https://www.osc.ny.gov/legal-opinions/opinion-2009-2-0School Tax Relief (STAR) Program (2012-MS-6)
… Purpose of Audit The purpose of our audit was to review local assessors’ administration of the STAR Program for the period January 1, 2010, through …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2013/02/28/school-tax-relief-star-program-2012-ms-6Village of Monticello – Board Oversight (2013M-226)
… Trustees. The Village’s annual budget for the 2012-13 fiscal year was $11.9 million. Key Findings The Board did not … insufficient funds totaling over $147,000 for Village bank accounts. Village officials do not know the amount of … monitor the Village’s fiscal health. Require monthly bank reconciliations and budget-to-actual statements and use …
https://www.osc.ny.gov/local-government/audits/village/2014/02/14/village-monticello-board-oversight-2013m-226Selected Aspects of Leasing Practices for Real Estate Department, Aviation, World Trade Center, and Leasing of Properties
… Bus Station, and the World Trade Center. PANYNJ’s real estate portfolio consists of over 12,000 acres of land and 45 … specified in leases. During our audit scope, PANYNJ’s Real Estate Department leased seven external spaces for its use …
https://www.osc.ny.gov/state-agencies/audits/2021/05/04/selected-aspects-leasing-practices-real-estate-department-aviation-world-trade-center-andComptroller DiNapoli Releases Municipal Audits
… Fire Association, Inc. – Financial Management (Erie County) Company officials did not adequately safeguard cash … of Cortlandville – Improving Private Property (Cortland County) Town officials inappropriately spent $22,600 to … total assessed value of $15.5 million. They found that the Assessor granted or subsequently maintained 81 (89 percent) …
https://www.osc.ny.gov/press/releases/2019/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli: MWBE Participation in the State’s Pension Fund Rose to All-Time High in State Fiscal Year 2020-21
… the previous year were particularly strong in the Real Estate & Real Assets, Fixed Income, Opportunistic Investments … and Private Equity asset classes. The Fund’s Real Estate & Real Assets portfolio made an additional $200 …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-mwbe-participation-states-pension-fund-rose-all-time-high-state-fiscal-year-2020-21