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State Agencies Bulletin No. 2059
… are fringe benefits. Per the Internal Revenue Service (IRS) Rules and Regulations, most Fringe Benefits are taxable … gross wages. This income is reportable on the employee’s Form W-2 and is subject to income and employment taxes. … vehicles and chauffeur services to ensure compliance with IRS Rules and Regulations. Agencies should have an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedOpinion 91-32
… or settlement of (devaluation of real property located near solid waste facilities) CONSTITUTIONAL LAW -- Gifts and …
https://www.osc.ny.gov/legal-opinions/opinion-91-32XVI.4.A Cash and Investments – XVI. Financial Reporting
… Policy References: GASB Statement No. 40 – Deposit and Investment Risk Disclosures (an amendment of GASB … Section C20 – Cash Deposits with Financial Institutions and GASB Codification Section I50 – Investments ) most … updated by GASB Statement No. 72 - Fair Value Measurement and Applicatio n GASB Statement No. 28 – Accounting and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsDiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… State tax receipts totaled $51.5 billion through the first six months of State Fiscal Year (SFY) 2023-24, $1.7 billion higher than estimates released in the Division of the Budget’s (DOB) July Update to the Enacted Budget Financial … State tax receipts totaled $515 billion through the first six months of State Fiscal Year SFY 202324 $17 …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-yearTaxes – 2023 Financial Condition Report
… reflecting the one-time homeowner’s property tax relief credit, and enhanced earned income and child tax credits. … of the business entities are authorized to claim a PIT credit for their shares of the PTET paid. Approximately $11.5 … reflecting the onetime homeowners property tax relief credit and enhanced earned income and child tax credits …
https://www.osc.ny.gov/reports/finance/2023-fcr/taxesResidential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities
New York City’s residential real estate market has proven resilient to the COVID-19 pandemic recession, with family homes seeing significant growth in value as people sought larger spaces amid limited supply.
https://www.osc.ny.gov/files/reports/osdc/pdf/residential-real-estate-in-nyc.pdfNYS Common Retirement Fund Reports Second Quarter Results
… Fund remains strong, diversified and well-positioned to weather the ups and downs that have become standard in the … one of the strongest in the nation, behind only Wisconsin, South Dakota and Tennessee. DiNapoli initiated quarterly investment …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli Releases Bond Calendar for the Third Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned sale of obligations for the state, New York City, and their major public … $3.02 billion, including $1.45 billion scheduled for this month, $75 million scheduled for August and $1.5 … Thomas P DiNapoli today announced a tentative schedule for the planned sale of obligations for the state New York …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-releases-bond-calendar-third-quarterDiNapoli Releases Bond Calendar for First Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned sale of obligations for the state, New York City and their major public authorities during the … Thomas P DiNapoli today announced a tentative schedule for the planned sale of obligations for the state New York …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-releases-bond-calendar-first-quarterDiNapoli Releases Bond Calendar for First Quarter
… New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned sale of obligations for the state, New York City, and their … New York State Comptroller Thomas P DiNapoli today announced a tentative schedule for the planned sale of obligations for the state New York …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-releases-bond-calendar-first-quarterImproper Medicaid Payments for Terminated Drugs (Follow-Up)
… in our initial audit report, Improper Medicaid Payments for Terminated Drugs (Report 2019-S-45 ). About the Program … and is overseen at the federal level by the Centers for Medicare & Medicaid Services (CMS). The Medicaid program … Drugs may be removed from the market (i.e., terminated) for safety or commercial reasons. To ensure terminated drugs …
https://www.osc.ny.gov/state-agencies/audits/2022/09/08/improper-medicaid-payments-terminated-drugs-followComptroller DiNapoli Releases Municipal Audits
… office completed audits of the Central New York Regional Market Authority , Town of Coeymans , Village of Green Island … appropriately and effectively.” Central New York Regional Market Authority – Internal Controls Over Selected Financial … office completed audits of the Central New York Regional Market Authority Town of Coeymans Village of Green Island …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-municipal-auditsDiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… but the area’s economy has shown resiliency, according to a report released today by New York State Comptroller Thomas … cultural projects. From 2011 to 2022, the South Bronx saw a 25% and 20% increase in jobs and businesses, respectively, … But for us in the Bronx, this is the floor and not the ceiling. In partnership with our Bronx Economic Development …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesPension Contribution Rates to Decrease for Fiscal Year 2015-16
… by about nine percent from 20.1 percent of payroll to 18.2 percent of payroll. The average contribution rate for … decrease by about 11 percent from 27.6 percent of payroll to 24.7 percent of payroll. “The state pension fund’s solid … is well-funded, is steadily recovering and will continue to meet its obligation to our more than one million …
https://www.osc.ny.gov/press/releases/2014/09/pension-contribution-rates-decrease-fiscal-year-2015-16NYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, 2017, with an estimated value of $197.1 billion, according to New York State Comptroller … to buoy our investments through the opening months of the state fiscal year," DiNapoli said. "As a long term …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… decrease was led by declines in overtime hours at three of the five agencies that are historically the largest … the COVID-19 pandemic and an overall increase in the size of the state workforce for the first time since 2019, growing … to continue its efforts to attract and retain a range of diverse employees, especially in the context of a …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016Contracted Programs With Puerto Rican Organization to Motivate, Enlighten and Serve Addicts, Inc.
… effectively monitoring funding provided under its contract with the Puerto Rican Organization to Motivate, Enlighten and … claims are allowable, properly supported, and consistent with contract terms. Background OASAS oversees programs for … substance abuse. OASAS entered into a five-year contract with PROMESA covering the period July 1, 2009 through June …
https://www.osc.ny.gov/state-agencies/audits/2016/06/08/contracted-programs-puerto-rican-organization-motivate-enlighten-and-serve-addicts-incNew Yorkers in Need: The Housing Insecurity Crisis
… growth but less than job growth (8.3 percent) during this period, and was far below other states, with New York ranking … slowly (19.7 percent) than costs for renters during this period. 24 FIGURE 9 – Monthly Median Gross Rent and Monthly … homeowners can lock in the price of housing over a long period through a fixed-rate mortgage and may even reduce …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisNYS Common Retirement Fund Announces Third Quarter Results
… in the third quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending December 31, … $176.8 billion as of the end of the state fiscal year on March 31, 2014. The Fund has 39.5 percent of its assets … allocation are invested in cash, bonds and mortgages (29.1 percent), private equity (7.6 percent), real estate (6.4 …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-results