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Contract Advisory No. 27
… Specific Contracts Guidance : Agencies are encouraged to add language to their contracts requiring their vendors to receive ACH for contract payments. Vendors who agree to …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/27-electronic-payments-ach-agency-specific-contractsDiNapoli Releases City of Troy Budget Review
… budget, while generally reasonable, needs improvement to make it a better tool for prudently managing the city’s … of weakening financial position and must be monitored to ensure the declining trends are reversed. In addition, the … budget does not appropriate enough money for contingencies to provide adequate flexibility to pay for unanticipated …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-city-troy-budget-reviewViewing Your GASB Report – Governmental Accounting Standards Board
… you need to comply with Statement No. 68 . Sign in to Retirement Online. From Account Homepage, click Access …
https://www.osc.ny.gov/retirement/employers/gasb/viewing-your-gasb-reportOpinion 98-5
… interest in a contract if he or she submitted a bill to the county department of social services for payment of … recipient. 10 Opns St Comp 1954, p 217 superseded to the extent inconsistent with this opinion. You ask whether … interest in a contract if he or she submitted a bill to the county department of social services for payment of …
https://www.osc.ny.gov/legal-opinions/opinion-98-5DiNapoli: Regional Land Banks Fighting Urban Blight
… communities fight blight and address zombie properties. New York currently has 15 active land banks throughout the … passed earlier this year, gives local officials new tools to promote economic recovery in the areas most … for local residents. To accomplish these goals, New York’s land banks rely heavily on subsidies to fund …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-regional-land-banks-fighting-urban-blightState Comptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … officials effectively designed and implemented procedures to ensure that compensation payments were accurate and properly authorized. Officials established and adhered to an effective payroll process that decreases the risk that …
https://www.osc.ny.gov/press/releases/2018/10/state-comptroller-dinapoli-releases-school-audits-0State Agencies Bulletin No. 921
… of the counties of New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/921-metropolitan-commuter-transportation-mobility-taxDiNapoli Releases Bond Calendar for Second Quarter
… anticipated new issuances in the second quarter compare to past planned new issuances of $3.93 billion during the … scheduled at the request of the issuer and done pursuant to their borrowing programs. The second quarter new money borrowings are expected to include the following: Dormitory Authority of the State of …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-releases-bond-calendar-second-quarterDiNapoli Releases Fiscal Stress Scores for 17 Cities
… “Our monitoring system shows some cities are still close to becoming fiscally stressed. Local officials should use their scores to address areas of concern as they prepare their budgets and … stress,” in “moderate fiscal stress,” is “susceptible to fiscal stress” or has “no designation.” The city of …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-releases-fiscal-stress-scores-17-citiesXII.6.H Paying an Accidental Death Benefit – XII. Expenditures
… death benefit payments provide for the State to pay a death benefit in the amount of $50,000 to an employee’s … Board Accidental Death Benefit, Notice of Decision (EC-23 form). Process and Transaction Preparation: In the event of … Submittal of this Chapter. The Recipient(s) will receive a Form 1099-R Distributions From Pension, Annuities, Retirement …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6h-paying-accidental-death-benefitComptroller DiNapoli Statement on Reports Trump Administration Will Withdraw From Paris Agreement
… from the Paris Agreement means that the U.S. will stand on the sidelines while other nations enjoy the economic … As trustee of New York state's $192 billion pension fund I have sought out profitable and sustainable investments and … including the energy sector, were in agreement, and have endorsed the goals of the Paris Agreement. The fact that …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-statement-reports-trump-administration-will-withdraw-paris-agreementState Comptroller DiNapoli Releases Municipal Audits
… also did not require formal, written employment contracts to document terms of employment; job descriptions and … benefits. In addition, the village paid overtime payments to employees as if they were independent contractors. … Auditors also found the board approved reimbursements to employees for medical benefit claims without ensuring they …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … (Allegany County) The board relied on fund balance to finance part of the town’s operations, reducing unexpended … general fund from more than $304,500 as of Jan. 1, 2009 to less than $40,500 as of Dec. 31, 2013. The supervisor and …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-2DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… service, David Peirez is stepping down as Chairman of the Real Estate Advisory Committee (REAC) for the New York State Common Retirement Fund. DiNapoli also …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeDiNapoli Applauds Top Court Ruling Reaffirming Audit Powers
… New York State Comptroller Thomas P. DiNapoli today applauded the unanimous Court of Appeals decision in South Island Orthopaedic Group v. DiNapoli, which … provider claims paid by United Healthcare Insurance— the State's contractor which processes and pays …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-applauds-top-court-ruling-reaffirming-audit-powersAugust 1999: New York State Environmental Facilities Corporation State Revolving Loan Funds
… have been applied to reduce the current bill. Copies of all approved requisitions for disbursements (advances). These …
https://www.osc.ny.gov/local-government/publications/august-1999-new-york-state-environmental-facilities-corporation-state-revolving-loan-fundsOpinion 90-36
… or statutory amendments that bear on the issues discussed in the opinion. REAL PROPERTY TAXES AND ASSESSMENTS -- … to the collection of town and county taxes are set forth in Article 9 of the Real Property Tax Law, (RPTL) and Article … encouraging the use of post-dated checks in the commercial world. In 1834 it was said that "drawing of post-dated checks …
https://www.osc.ny.gov/legal-opinions/opinion-90-36Comptroller DiNapoli and A.G. Schneiderman Announce Criminal Charges and Civil Lawsuit Against Pharmacy Owner for Allegedly Defrauding Medicaid
… millions meant to provide treatment to those in need to fund their lifestyles and real estate investments. Attorney …
https://www.osc.ny.gov/press/releases/2018/02/comptroller-dinapoli-and-ag-schneiderman-announce-criminal-charges-and-civil-lawsuit-against-pharmacyGovernor Cuomo and Comptroller DiNapoli Appoint First-Ever Decarbonization Advisory Panel
… Thomas P. DiNapoli today announced the members of the state's first-ever Decarbonization Advisory Panel, which was … advise the Comptroller, as trustee of the $209.1 billion New York State Common Retirement Fund (Fund), on how best to …
https://www.osc.ny.gov/press/releases/2018/03/governor-cuomo-and-comptroller-dinapoli-appoint-first-ever-decarbonization-advisory-panelStafford Fire Department, Inc. – Controls Over Financial Activities (2014M-274)
… Background The Stafford Fire Department, Inc. is located in the Town of Stafford in Genesee County and provides fire protection services to … revenues into its own bank accounts without authorization in the Department’s bylaws. The Board did not properly …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/12/24/stafford-fire-department-inc-controls-over-financial