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About this Report – 2023 Financial Condition Report
… This report provides citizens with an overview of the financial condition of New York … ability of a government to balance recurring expenditures with recurring revenues and meet current and future financial … This report provides citizens with an overview of the financial condition of New York State …
https://www.osc.ny.gov/reports/finance/2023-fcr/about-reportState Agencies Bulletin No. 2142
… Purpose: The purpose of this bulletin is to notify agencies of the 2023 plan year maximum salary limit and pensionable overtime earnings limit for Tier 5 TRS members. Affected Employees: Tier 5 members of … (C), and 408 (k) (6) (D) (ii) will increase to $330,000 for the 2023 calendar year for TRS Tier 5 plan participants. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2142-tier-5-maximum-salary-limit-and-pensionable-overtime-ot-earnings-limitX.10 Record Retention for Vendor Records – X. Guide to Vendor/Customer Management
… from the Business Unit to support information that is entered into the Statewide Vendor File in the SFS. As a … review. Business Units should note that OSC’s request for payment documentation is in support of its constitutional … an engagement letter or opening conference in conjunction with these requests. Process and Document Preparation: OSC …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x10-record-retention-vendor-recordsState Comptroller DiNapoli Releases School District Audits
… critical as the district moves to increased reliance on a remote learning environment and administrative operations due …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-school-district-audits-0About this Report – 2022 Financial Condition Report
… condition is a broad concept aimed at assessing the ability of a government to balance recurring expenditures … obligations. This concept relates to a government’s ability to deliver services and generate revenues, while … from the Government Finance Officers Association for the 2021 Financial Condition Report . …
https://www.osc.ny.gov/reports/finance/2022-fcr/about-reportState Agencies Bulletin No. 1907
… Purpose The purpose of this bulletin is to provide agencies instructions to … Employees Employees with a missing or invalid date of birth are affected. Background The Date of Birth field is required for all New Hire transactions and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1907-maintain-date-employee-date-birth-dob-payserv-systemXIV.14.E Recording General Capital Assets – XIV. Special Procedures
… in the appropriate account code to indicate the type of fixed asset owned. General capital assets should be … existing component while an improvement is the addition of a new component where one did not previously exist. … costs more than $100,000 It occurs when 75% or more of the estimated useful life of the component has expired It …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14e-recording-general-capital-assetsDiNapoli: MTA's Future Unthinkable Without Aid From Washington
… the Metropolitan Transportation Authority's announcement of its plans for severe cuts and other measures, if it does … – a completely unforeseen revenue crisis that is no fault of its workers or commuters. The extreme measures outlined by … and push debt service costs to more than a quarter of every dollar of revenue. “Washington must act. The MTA …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-mtas-future-unthinkable-without-aid-washingtonAdult-Use Cannabis Tax Revenue and Retail Dispensaries in New York State
… of AUC tax revenue to cities, towns and villages that host a retail AUC dispensary within the county. OSC maintains …
https://www.osc.ny.gov/local-government/adult-use-cannabis-tax-revenue-and-retail-dispensaries-new-york-stateState Comptroller DiNapoli Releases School District Audits
… School District – Transportation State Aid and Debt for Bus Purchases (St. Lawrence County The district did not … information (PPSI). District employees were not provided with information technology (IT) security awareness training. … to officials. Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-school-district-audits-0Overview – When Employees Retire
… The Employee’s Responsibility Employees must apply for retirement in order to start receiving their pension. To … meets the minimum service credit and age requirements for their retirement plan, they are eligible for a service retirement benefit . Disability Retirement …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/overviewOpinion 90-25
… either statutory or contractual, by a municipality before funds may be paid to a private individual or entity in …
https://www.osc.ny.gov/legal-opinions/opinion-90-25Opinion 2002-5
… secured in the manner provided by General Municipal Law §10 and may be invested in the manner provided by General … space" or "open area" preservation, Local Finance Law §10.00(a) generally provides that a municipality may contract …
https://www.osc.ny.gov/legal-opinions/opinion-2002-5DiNapoli Releases East Harlem Economic Snapshot
… East Harlem, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Over the past 10 … Rican and Hispanic culture and an important part of New York City's identity." "El Barrio/East Harlem's economy is prosperous as ever," said New York City Council Speaker Melissa Mark-Viverito . "From …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-releases-east-harlem-economic-snapshotOpinion 91-9
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Requirements (mandatory referendum - curtailing powers of city board of estimate) MUNICIPAL FUNDS -- Budget … Whether section 75 of the Second Class Cities Law SCCL would permit a city …
https://www.osc.ny.gov/legal-opinions/opinion-91-9State Contract and Payment Actions in September
… million. More information on these contracts and payments is available at www.openbooknewyork.com . MAJOR CONTRACTS … Office of General Services $12.5 million for hourly-based IT services, including $2.3 million to PSI International, … errors, improprieties or lack of documentation. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/11/state-contract-and-payment-actions-septemberState Comptroller DiNapoli Releases Audits
… CVS Health did not always invoice drug manufacturers for rebates, collect rebates from the manufacturers, or remit all rebate revenue … Service. As a result, Civil Service is due $2,240,798 in rebates. Office for People With Developmental Disabilities: …
https://www.osc.ny.gov/press/releases/2019/06/state-comptroller-dinapoli-releases-auditsDiNapoli Announces State Contract and Payment Actions for September 2015
… and approved 1.8 million payments worth $13.7 billion in September. His office also rejected 149 contracts and … occurred because contracts and payments were accelerated in order to allow an upgrade of the Statewide Financial … office averaged eight days for contract reviews in September and two days to audit payments. DiNapoli …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-announces-state-contract-and-payment-actions-september-2015State Contract and Payment Actions in November
… Office of the State Comptroller approved 1,324 contracts for state agencies and public authorities valued at $1.2 … Approved Department of Agriculture & Markets $5.2 million for agriculture and farmland protection planning, including … $6.6 million with the New York Council on Problem Gambling for statewide problem gambling prevention services. City …
https://www.osc.ny.gov/press/releases/2019/01/state-contract-and-payment-actions-novemberDiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless
… State auditors examining hotels and motels used to house the homeless found poor conditions still exist at many … and collaboration on the audit of the use of motels to house the homeless,"said Albany County Comptroller Michael F. … and inspecting temporary residences (facilities that house individuals for less than 180 consecutive days), …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homeless