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New York’s Economy and Finances in the COVID-19 Era
… The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and … share of job losses statewide and especially in New York City. Among the nearly 1.3 million net jobs the State … below, the average annual wage in 2019 for these hotel, restaurant and other jobs was $30,689, less than half the …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New York’s Economy and Finances in the COVID-19 Era
… July 22, 2020 Edition Economic and Health Impacts Unemployment Insurance Payments Balloon During COVID-19 Approved payments to New York recipients for Unemployment …
https://www.osc.ny.gov/reports/covid-19-july-22-2020Opinion 89-35
… to exercise the powers of the supervisor); (designation of chief fiscal officer) TOWN SUPERVISOR -- Powers and Duties (transfer to … Your second and third questions relate to the temporary investment of town moneys under section 11 of the General …
https://www.osc.ny.gov/legal-opinions/opinion-89-35State Comptroller Thomas P. DiNapoli Statement on Enacted State Budget
… "The passage of the 2014-15 state budget is a positive step for New York state. Governor Cuomo and the … another spending plan on time. My office will examine how this agreement will keep the state on track for budget … was badly handled during budget negotiations. It was a missed opportunity for comprehensive reform to change our …
https://www.osc.ny.gov/press/releases/2014/04/state-comptroller-thomas-p-dinapoli-statement-enacted-state-budgetOpinion 89-23
… or statutory amendments that bear on the issues discussed in the opinion. REAL PROPERTY -- Lease (to State agency at … a State agency, by lease or license, to utilize space in the village hall several times per month for nominal or no consideration. This is in reply to your letter asking whether a village may allow …
https://www.osc.ny.gov/legal-opinions/opinion-89-23KIPP Troy Prep Charter School – Resident Tuition Billings and Collections (2024M-20)
… Prep Charter School (School) Board of Trustees (Board) and officials accurately billed and collected tuition, and deposited and recorded collections in a timely manner. …
https://www.osc.ny.gov/local-government/audits/charter-school/2024/06/14/kipp-troy-prep-charter-school-resident-tuition-billings-and-collectionsTiconderoga Joint Town/Village Fire District – Board Oversight (2023M-182)
… completed and annual update documents (AUD) were filed in a timely manner.(Starting in 2023, the AUD is referred to as the Annual Financial …
https://www.osc.ny.gov/local-government/audits/fire-district/2024/04/19/ticonderoga-joint-townvillage-fire-district-board-oversight-2023m-182CUNY Bulletin No. CU-750
… Thermostat Repairers. Affected Employees: CUNY employees in the titles of Plumber, Supervisor Plumber, Plumber’s … Union No. 1, U.A. for retroactive increases for employees in the titles of Plumber, Supervisor Plumber, Plumber’s … 01/01/2020, and 02/01/2021. The agreement, as summarized in a memorandum from Carmelo Batista Jr. dated October 11, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-750-cuny-retroactive-salary-rate-increases-plumbers-supervisorGreater Amsterdam School District – Capital Project (2022M-50)
… properly planned, authorized contracts and accounted for the ongoing project. However, we found: While the … expenditures, she did not provide them to the Board for review. The claims auditor did not audit and approve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/22/greater-amsterdam-school-district-capital-project-2022m-50Le Roy Central School District – Reserve Funds (2022M-110)
… complete report – pdf] Audit Objective Determine whether the Le Roy Central School District (District) Board of Education (Board) and District officials properly established and used reserve … them at reasonable levels. Key Findings Although the Board and District officials properly established reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/le-roy-central-school-district-reserve-funds-2022m-110Local Sales Tax Sharing in New York State
… Most counties in New York State share a portion of their local sales tax … annual financial data submitted to the Office of the New York State Comptroller). Clicking on a county displays a …
https://www.osc.ny.gov/local-government/local-sales-tax-sharing-new-york-stateInvestment Standards
… (Glick/Mannion) – Relates to investment standards for investments of the New York State college choice tuition … Memo Bill Text Status … Relates to investment standards for investments of the New York State college choice tuition …
https://www.osc.ny.gov/legislation/investment-standardsNew York State Fiscal Reform and Accountability Act
… Session 2017-2018: A.10117 (Weinstein) – Enacts the New York State Fiscal Reform and Accountability act; to amend the state finance law and the public authorities law, in relation to contents …
https://www.osc.ny.gov/legislation/new-york-state-fiscal-reform-and-accountability-actXVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting
… Custody – Debt Service Fund 72900 Sole Custody – Tobacco Settlement Financing Corp 72100* Elimination Account – Debt …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafrDiNapoli Releases Climate Action Plan
… out a path for the Fund to further address climate risk in its portfolio. Subject to fiduciary analysis, the Fund may … is a proactive plan to mitigate climate risk, capitalize on opportunities in the growing low carbon economy and protect the fund’s long …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planTransportation and Warehousing Sector – New York City Industry Sector Dashboards
… From moving people into and around New York City to delivering food and storing goods, the transportation and warehousing sector is an important component of the local …
https://www.osc.ny.gov/osdc/reports/nyc-sectors/transportation-and-warehousingCommon Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions. The presenters will provide examples of these errors as made in the Annual Update Document (AUD) and
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22.pdfFiscal Stress Monitoring System – 2022-23 Not Filed and Inconclusive Schools
This list includes schools with a 2023 fiscal year end. The schools noted did not file their annual financial report or reported data that was inconclusive for FSMS purposes as of the date their score was to be calculated, and therefore a fiscal stress score could not be calculated.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2023-schools-not-filed.pdfContinuing Crisis: Drug Overdose Deaths in New York
This report outlines long-term trends and recent developments in the battle to save lives from being lost prematurely to substance use disorder. The data are clear: the battle against drug overdose deaths is more daunting than ever, and will require an ongoing commitment of public resources.
https://www.osc.ny.gov/files/reports/pdf/drug-overdose-deaths.pdfEconomic and Policy Insight: New York State’s Clean Energy Fund
Between 2016 and 2032, the CEF is approved to collect $7.5 billion. Review of CEF-supported programs indicates some have exceeded the goals set out by the New York State Public Service Commission (PSC), while others appear not to be on track to reach their 2025 targets.
https://www.osc.ny.gov/files/reports/pdf/clean-energy-fund.pdf