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Overtime at State Agencies Reached All-Time High in 2020
… annual number of state employees, not including SUNY and CUNY, has declined by 6.1 percent to just below 154,000. They …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020DiNapoli Releases December State Cash Report
… final quarter of the fiscal year.” Through December, All Funds receipts totaled $111.2 billion, a decline of $686.8 … because of higher than anticipated federal receipts. All Funds spending totaled just under $110 billion through … focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major operating fund of the …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportNYS Common Retirement Fund Reports Third Quarter Results
… and real assets (8.0 percent) and credit, absolute return strategies and opportunistic alternatives (5.2 percent). …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… in the second quarter of the State Fiscal Year (SFY) 2020-21 was 6.24 percent for the three-month period ending … and ended the quarter with an estimated value of $226.4 billion, according to New York State Comptroller Thomas P. … was $194.3 billion. As of Sept. 30, 2020, the Fund had 53.4 percent of its assets invested in publicly traded equities. …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Some NYC Schools Failing to Report Violent, Disruptive Incidents
… incidents, and found: DoE failed to include more than 400 reportable incidents in its report submitted to the state … for the 2011-2012 and 2012-2013 schools years. During that time, the DoE reported to the state that there were 989 … audit recommended that DoE: Take steps to ensure that all reportable incidents are recorded and submitted to SED for …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-some-nyc-schools-failing-report-violent-disruptive-incidentsOpinion 90-40
… opinion. VILLAGE MAYOR -- Deputy (right to vote as trustee and deputy mayor) PUBLIC MEETINGS AND HEARINGS -- Voting Procedure (right of village deputy mayor to vote as deputy and as trustee) VILLAGE LAW, §4-400(1)(a): A village trustee …
https://www.osc.ny.gov/legal-opinions/opinion-90-40DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… levels. The city should continue to identify opportunities for agency savings, which will provide added budgetary … and are manageable under current conditions. The budgets for these years include annual reserves of $1.25 billion that … estimated 1.8 percent, with non-property taxes declining for the first time since FY 2010. Job creation has also …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 88-28
… -- Designation of (criteria for designation in towns) LOCAL LAWS -- Official newspaper (designation by town) … in a newspaper, the term 'newspaper' shall mean a paper of general circulation which is printed and distributed … such publication or advertisement, and which contains news, articles of opinion (as editorials), features, …
https://www.osc.ny.gov/legal-opinions/opinion-88-28Opinion 89-8
… in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the Office of the State … Comptroller would not be required under section 6-d. The term district corporation is not defined in section 6-d. …
https://www.osc.ny.gov/legal-opinions/opinion-89-8DiNapoli: MTA Faces Growing Risks to Its Capital Funding
… the regional transit system faces significant delays due to funding issues, which may also pressure its next capital … and lawsuits around congestion pricing’s implementation have slowed down the MTA’s capital work. Before the pandemic, … how it intends to prioritize its needs so that its choices do not result in disinvestment in the system, noting that …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With the cost of college on the rise, it’s a great time to consider opening a 529 College Savings account for your … just as little as $25, you can begin laying the foundation to turn childhood dreams into adulthood reality.” New York’s …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryState Agencies Bulletin No. 2301
… Board of Education Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: Tier 6 … Price Index on December 31 of the previous year. The 2025 OT limit is $20,958.00. Effective Dates: Effective for … employees. Questions: Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. … The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsSubway Recovery Tracker
… The COVID-19 pandemic had a profound and disparate impact on subway ridership in New York City. Initially, the … 423 stations identified in the dataset. Select a station on the map to view its ridership recovery as a share of … While the new system does include useful information on the share of rides paid for through the new OMNY system …
https://www.osc.ny.gov/osdc/subway-recovery-trackerDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… with state aid that has not kept pace with inflation and slower growth in local revenue may push some local … The report provides an overview of these revenue sources and how they have affected local budgets in recent years. “With pandemic aid coming to an end and uncertainty coming out of Washington, local governments …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… choices, the city should be preparing for scenarios where all of its resources -- federal, state, and local – may be …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli Releases State Cash Report
… of $8.1 billion in June were stronger than expected, and collections for the first quarter of the fiscal year were … gains in quarterly estimated personal income tax payments and estate and gift taxes. Total tax receipts of $20.6 billion for the …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-releases-state-cash-reportDiNapoli: The State May Have Your Money
… today urged New Yorkers to see if any of the $12.5 billion in lost and forgotten money currently being held by his … be theirs. More than 30 million accounts are unclaimed in New York, some dating back to the 1940s. An interactive … visit our website to see if my office is holding any money in their name. It’s likely that some of the $12.5 billion in …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-state-may-have-your-moneyDiNapoli: Silencing Excessive NYC Noise a Major Challenge
… from approximately 200,000 to about 384,000 between 2010 and 2015, yet few complaints are ever found to be in … Thomas P. DiNapoli. The report maps noise trends and patterns over six years of 311 complaints and examines … of New York and chair of the Noise Committee of GrowNYC. "Research shows that noise is not only a nuisance, but more …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-silencing-excessive-nyc-noise-major-challengeState Agencies Bulletin No. 2188
… New York City Teachers Retirement System (NYCTRS) and the New York City Board of Education Retirement System … Affected Employees: Tier 6 members of NYCERS, NYCTRS, and NYCBERS are affected. Background: OT limit for Tier 6 … Retirement System New York City Teachers Retirement System and the New York City Board of Education Retirement System …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2188-2024-tier-6-overtime-limit-new-york-city-retirement-systemsOpinion 92-17
… TAX LAW, §1262(c): A sales tax agreement between a county and cities within the county need not, as a matter of law, … a sales tax agreement entered into between a county and all cities within the county pursuant to Tax Law, … purposes: shall ... be allocated quarterly to the cities and the area in the county outside the cities in proportion …
https://www.osc.ny.gov/legal-opinions/opinion-92-17