Search
GASB Statement 87, Leases
… of “reasonably certain.” Relevant factors include: Market-based factors, such as a whether contract terms and … the optional periods are favorable compared with current market rates. Contract-based factors, such as significant … that depend on an index or a rate (Consumer Price Index or market interest rate), initially measured using the index or …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesState Contract and Payment Actions in February
… $1.8 million to Morvillo Abramowitz Grand Iason & Anello PC for legal services. Gaming Commission $7.4 million for …
https://www.osc.ny.gov/press/releases/2022/03/state-contract-and-payment-actions-februaryState Contract and Payment Actions in September
… and approved nearly 5.4 million payments worth almost $15.4 billion. The office rejected 153 contracts and related … contracts and payments is available at www.openbooknewyork.com . Major Contracts Approved Department of Corrections and … LP for fire alarm inspection, testing, and repair. $6.3 million with Davis-Ulmer Sprinkler Co. for sprinkler …
https://www.osc.ny.gov/press/releases/2021/11/state-contract-and-payment-actions-septemberNassau County – Contract Approval Process (2012M-192)
… Although we found that County contracts are authorized in accordance with the County Charter and the Nassau County …
https://www.osc.ny.gov/local-government/audits/county/2013/03/14/nassau-county-contract-approval-process-2012m-192The Ex-spouse’s Payments – Divorce and Your Benefits
… to the ex-spouse. If the member is already receiving a pension benefit at the time the final DRO is submitted, the … an additional deduction to be taken from the member’s pension until the retroactive payment is satisfied in full. … can see a monthly and year-to-date breakdown of their pension payment amounts and adjustments by logging into …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsBroome County – Financial Condition (2013M-224)
… to finance operations has critically impacted the County’s cash flow. In December 2009, the County incurred a cash flow shortage in the general fund that required the … maintained to meet the County’s needs, provide sufficient cash flow, and reduce or eliminate reliance on short-term …
https://www.osc.ny.gov/local-government/audits/county/2013/10/04/broome-county-financial-condition-2013m-224Village of Upper Brookville – Justice Court (2013M-160)
… key aspects of the Court’s cash accounting functions with limited oversight. Key Recommendations Ensure that all …
https://www.osc.ny.gov/local-government/audits/village/2013/08/30/village-upper-brookville-justice-court-2013m-160City of Long Beach – Budget Review (B22-7-4)
… appears insufficient. City officials did not include cash flow projections with the proposed budget. Although not required, cash flow projections would provide officials with another … are in place to reduce the use of overtime. Develop cash flow projections as part of the annual budget. Review …
https://www.osc.ny.gov/local-government/audits/city/2022/05/13/city-long-beach-budget-review-b22-7-4Syracuse Industrial Development Agency – Project Approval and Monitoring and Administration of the Development Fund (2015M-240)
… projects which received approximately $12.5 million in tax exemptions during 2014. The Agency also administers a … development projects. Key Findings The Uniform Tax Exemption Policy (UTEP) does not contain all of the … guidelines for claiming mortgage recording or sales tax exemptions and all applicable criteria necessary to make …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2016/01/08/syracuse-industrial-development-agency-project-approval-andCity of Middletown – Selected Financial Operations and Information Technology (2013M-56)
… Purpose of Audit The purpose of our audit was to examine the City’s purchasing practices, Council oversight, and IT for the period January 1, 2011, to July 9, 2012. Background The City of Middletown City is … $73,661. The Council did not require the Treasurer to provide written periodic financial reports for use in …
https://www.osc.ny.gov/local-government/audits/city/2013/05/31/city-middletown-selected-financial-operations-and-information-technology-2013m-56Contact Update Online Help
… Site Once you've logged into the system, the Welcome to Online Services Dashboard is displayed. Under the Online … officials and employees responsible for State agency payroll …
https://www.osc.ny.gov/contact-update/online-helpFar Rockaway Pre-School Provider "Investor" Pleads Guilty in Theft of Education Funds Intended for Special Needs Students
… used by Daniel Laniado to buy diamonds and stock his private supermarket shelves until our auditors and … of this fraud." Island Child Development Center (ICDC), a private not-for-profit company that is now defunct, was … had taken his books and records with him. After further investigation, the auditors referred the case to the Queens …
https://www.osc.ny.gov/press/releases/2017/04/far-rockaway-pre-school-provider-investor-pleads-guilty-theft-education-funds-intended-special-needsOpinion 96-17
… firefighters for the expenses of such a course. In 26 Opns St Comp, 1970, p 128, we expressed the opinion that a …
https://www.osc.ny.gov/legal-opinions/opinion-96-17State Agencies Bulletin No. 2019
… 05/05/2022 Administration Extra Lag 04/07/2022 05/11/2022 Eligibility Criteria: The following employees are … with an hourly rate that is equal to or less than $15.00 on or after the payment effective date will not be … if their hourly rate is equal to or less than $15.00. Agencies must determine eligibility and submit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2019-april-2022-public-employees-federation-pef-salary-increaseRegulation for Scheduling, Adjourning and Conduct of Administrative Hearings
… §317.1 Background Whereas, Sections 74 and 374 of the Retirement and Social Security Law direct that the … a hearing to review and redetermine an application for retirement allowance or other benefit provided by the Retirement and Social Security Law; and Whereas, All such …
https://www.osc.ny.gov/retirement/members/regulation-for-hearingsPreventing Inappropriate and Excessive Costs in the New York State Health Insurance Program
… reminding them that, by regulations, they must charge all patients the same price for the same service. As a result …
https://www.osc.ny.gov/state-agencies/audits/2018/05/09/preventing-inappropriate-and-excessive-costs-new-york-state-health-insurance-programOpinion 90-23
… This opinion represents the views of the Office of the State Comptroller at the time it was … or statutory amendments that bear on the issues discussed in the opinion. BONDS AND NOTES -- Debt Limit (exclusion from … Local Finance Law is explained as follows: This section is new. Section 12 of article 8 of the State Constitution …
https://www.osc.ny.gov/legal-opinions/opinion-90-23City of Yonkers - Budget Review (B19-6-5)
… requires the City to submit its proposed budgets for the next fiscal year to the State Comptroller and the … and should be included as an appropriation in the annual budget. The City continues to rely on nonrecurring … Develop a plan to maintain fund balance at a reasonable level. Identify alternatives to borrowing funds to purchase …
https://www.osc.ny.gov/local-government/audits/city/2019/05/17/city-yonkers-budget-review-b19-6-5Area #8 – Online Banking – Information Technology Governance
… Fraud involving the exploitation of valid online banking credentials is a significant risk facing any local government or school that processes financial transactions online. Some of the more popular types … other data harvesting and reporting mechanism is installed on the recipient’s computer, or the recipient is prompted to …
https://www.osc.ny.gov/local-government/publications/it-governance/area-8-online-bankingIX.8 Overview – IX. Federal Grants
… was made. Applying the refund reduces the expenditure balance on the appropriation/segregation and federal grant …
https://www.osc.ny.gov/state-agencies/chapter-ix/ix8-overview