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NYC Budget Is Balanced but Risks Are Growing
… be used to mitigate the impact of adverse developments or to narrow the projected budget gaps. The most immediate … MTA has large unfunded capital needs. Read the report , or go to: https://osc.state.ny.us/osdc/report-10-2019.pdf …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingState Agencies Bulletin No. 884
… on the Time Entry page: Salaried Employees Earn Code: LSA (Lump Sum Payment Vacation) Earnings Begin Date: Enter the date … end dated so that no deduction is taken. Agencies are advised to review employees’ deduction records when …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/884-restoration-and-payment-managementconfidential-mc-vacation-creditsSelected Aspects of the Paratransit Call Center Operations
… Center (Call Center). The contract was signed on December 18, 2012 and remains in effect for five years at an estimated cost of $152.9 million, with an option for two one-year extensions at a …
https://www.osc.ny.gov/state-agencies/audits/2016/11/03/selected-aspects-paratransit-call-center-operationsState Agencies Bulletin No. 951
… A beginning contribution balance of zero (0) for 2010 as reflected by the blank Goal Balance field. OSC will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/951-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… to support fundraising efforts, real property management, or other activities and functions that are not specifically … auditors found that SUNY administrators do not obtain or review certain available documentation that could be used … to ensure the compensation they were funding was justified or benefited the campus. Auditors sampled 50 individuals, …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… it is providing shelter from the cold, a helpful hand or a voice when they don’t have one,” DiNapoli said. “This … nonprofits classified as charitable organizations – or 501(c)(3)s under the Internal Revenue Code – using the …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsState Police Bulletin No. SP-170
… an authorized leave of absence Earnings End Date: Same as Begin Date Earn Code: HSP Amount: $1,622 Control-D Report …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-170-2016-state-police-holiday-bonus-paymentState Police Bulletin No. SP-162
… and authorized leave of absence Earnings End Date: Same as Begin Date Earn Code: HSP Amount: $1,536 Control-D Report …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-162-2015-state-police-holiday-bonus-paymentState Police Bulletin No. SP-158
… an authorized leave of absence Earnings End Date: Same as Begin Date Earn Code: HSP Amount: $1536 Control-D Report …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-158-2014-state-police-holiday-bonus-paymentOpinion 2002-7
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … purposes shall be kept as a separate fund by the municipal or school district treasurer and expended only upon the … upon written demand by the library trustees, the municipal or school district treasurer is required to pay such monies …
https://www.osc.ny.gov/legal-opinions/opinion-2002-7DiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… The New York State Common Retirement Fund (Fund) committed $1.3 billion to two funds as … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million state and local government employees and retirees and their beneficiaries. It has …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programState Comptroller DiNapoli Releases Audits
… required, increasing the risk of a shortened useful life or the need for more repairs. Also, there was no inventory … vehicle maintenance, resulting in parts that were missing or untraceable to a vehicle. Notably, for the audit period, …
https://www.osc.ny.gov/press/releases/2023/02/state-comptroller-dinapoli-releases-auditsDiNapoli: Central New York Economy Slowly Improving
… The Central New York economy is starting to rebound from the Great Recession thanks to a wealth of locally educated young adults, a technically experienced workforce and a …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingOpinion 94-6
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … housing authority would have a conflict of interest if he or she accepts a paid position with the corporation involving the administration or operation of the program. You ask whether a tenant member …
https://www.osc.ny.gov/legal-opinions/opinion-94-6Opinion 89-20
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … of municipalities, including fire districts, wholly or partly within the county, with respect to article 18 of … rendered pursuant to a written request of any such officer or employee under such rules and regulations as the board may …
https://www.osc.ny.gov/legal-opinions/opinion-89-20State Comptroller DiNapoli Releases Municipal & School Audits
… (Oswego County) The board did not adopt realistic budgets or manage fund balance. As a result, more taxes were levied … with balances ranging between $839,530 and $1.1 million, or between 109% and 124% of the ensuing year’s budget. The board did not consider historical or known trends of revenues and expenditures when developing …
https://www.osc.ny.gov/press/releases/2024/02/state-comptroller-dinapoli-releases-municipal-school-audits-0DiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… the Financial Plan of the City of New York Related Reports NYC Taxable Sales and Purchases: Resilient Amid Economic Uncertainty Pandemic Impacts on NYC Fiscal Year 2024 Budget Priorities Fiscal Cliffs Online … revenue and savings initiatives will allow NYC to maintain budget balance in the coming fiscal year but …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… sources of recurring revenue in the state’s final budget and other aid, including expected revenue from congestion … the pressure that growing debt places on its operations and stabilize its future finances, according to a report … stop its recurring cycle of fiscal crises by paying down and managing its debt more appropriately to shore up future …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… services to those who are economically disadvantaged or have special health care needs. DOH’s eMedNY computer … whether money should be recovered because of errors, abuse or fraud. In 2015, DiNapoli’s auditors identified problems or irregularities with $223 million in payments. DOH pays …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpaymentsState Comptroller DiNapoli Releases Municipal & School Audits
… not develop and manage a comprehensive investment program or develop procedures for the operation of the investment … rates. They did not prepare monthly cash flow forecasts or ensure interest rate quotes were solicited to maximize … district officials did not establish written policies or adequate written procedures for managing network user …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits