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Selected Management and Operations Practices
… personal property disposals. Key Findings NYPA sold scrap metal and plant equipment (valued at over $900,000) from two … Establish controls over the valuation and sale of scrap metal. Improve controls over fleet assets sales. Improve …
https://www.osc.ny.gov/state-agencies/audits/2016/08/01/selected-management-and-operations-practicesOpinion 98-14
… estimates) TOWNS -- Budget (submission of budget estimates by the highway superintendent) TOWN LAW, §§104, 106; HIGHWAY … as the budget officer prescribes. A town may not, by local law, supersede these budget estimate requirements. You ask whether the annual budget estimate submitted by a …
https://www.osc.ny.gov/legal-opinions/opinion-98-14XVI.3.B Fund Accounting – XVI. Financial Reporting
… the Government-wide Financial Statements - Statement of Net Position. Capital Projects Fund Capital Projects Funds … in the Government-wide Financial Statements – Statement of Net Position. The required financial statements for the … on a GAAP basis. Enterprise Funds Enterprise Funds report net position, revenues and expenses associated with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingParkland Alienation (2014-MS-5)
… of Onondaga [pdf] and Nassau [pdf] ; the Villages of Port Jefferson [pdf] and Round Lake [pdf] ; and the City of Rensselaer [pdf] . Purpose of Audit The purpose of …
https://www.osc.ny.gov/local-government/audits/city/2015/05/15/parkland-alienation-2014-ms-5DiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… fiscal years, including the “Big 4” cities of Buffalo, Rochester, Syracuse and Yonkers, each of which have fiscal …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesOverview – Career Plan
… but is not limited to, the following types of payments. In some cases, certain restrictions may apply. Regular salary; … are not considered regular compensation and, in most cases, will not be included in your FAS calculation: Unused …
https://www.osc.ny.gov/retirement/publications/1642/overviewOverview – New Career Plan
… but is not limited to, the following types of payments. In some cases, certain restrictions may apply. Regular salary; … are not considered regular compensation and, in most cases, will not be included in your FAS calculation: Unused …
https://www.osc.ny.gov/retirement/publications/1515/overviewOverview – Non-Contributory Plan with Guaranteed Benefits
… but is not limited to, the following types of payments. In some cases, certain restrictions may apply. Regular salary; … are not considered regular compensation and, in most cases, will not be included in your FAS calculation: Unused …
https://www.osc.ny.gov/retirement/publications/1513/overviewOverview – Basic Plan with Increased-Take-Home-Pay (ITHP)
… is usually your years of employment immediately before retirement. The calculation of your FAS can include, but is … Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of retirement; Lump sum payments for deferred compensation; and …
https://www.osc.ny.gov/retirement/publications/1511/overviewOverview – Police and Fire Plan
… but is not limited to, the following types of payments. In some cases, certain restrictions may apply. Regular salary; … are not considered regular compensation and, in most cases, will not be included in your FAS calculation: Unused …
https://www.osc.ny.gov/retirement/publications/1512/overviewOpinion 95-12
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. INDUSTRIAL … or federally chartered savings bank) GENERAL MUNICIPAL LAW, §§10, 11; BANKING LAW, §2: The term "bank" as used in … State or federally chartered savings banks. The term "national banking association", as used in General Municipal …
https://www.osc.ny.gov/legal-opinions/opinion-95-12State Agencies Bulletin No. 1944
… after 12/31/2017 and before 01/01/2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made … of using the Prorated Annual Lease Value method or the Daily Lease Value method. Commuting Rule – Appropriate when … – Most restrictive method and cannot be used if fair market value exceeds set amounts in the year the vehicle was …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1944-procedures-reporting-taxable-value-personal-use-employer-providedOpinion 96-24
… of amount provided by appropriation) GENERAL MUNICIPAL LAW, §6-g: A fire district board of commissioners may … for principal on obligations issued to finance a fire truck. The establishment of a capital reserve fund for the … moneys for certain capital purposes. General Municipal Law, §6-g governs capital reserve funds in fire districts. …
https://www.osc.ny.gov/legal-opinions/opinion-96-24Opinion 90-60
… contract to finance recycling center under General Municipal Law, §120-w) PUBLIC CONTRACTS -- Installment … (to finance construction of recycling center under General Municipal Law, §120-w) GENERAL MUNICIPAL LAW, §§109-b, 120-w: A county may enter into an … Whether an agreement would violate General Municipal Law 109b …
https://www.osc.ny.gov/legal-opinions/opinion-90-60Opinion 88-6
… discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (authority of municipality to contribute … §§200 et seq .; MUNICIPAL HOME RULE LAW, §10(1)(ii)(a)(1); RETIREMENT AND SOCIAL SECURITY LAW, §§113, 470: A … an indeterminate cost and benefits are not payable until retirement. You ask whether a "defined contribution pension …
https://www.osc.ny.gov/legal-opinions/opinion-88-6Opinion 88-50
… holes, and clean and refinish the interior of a water storage tank) GENERAL MUNICIPAL LAW, §6-c: Whether moneys in … holes, and clean and refinish the interior of a water storage tank depends on whether the work is more in the … to pay for work on a 15 year old, 250,000 gallon water storage tank. You state the work, which is expected to extend …
https://www.osc.ny.gov/legal-opinions/opinion-88-50Service Retirement Benefit – State University Police Plan
… for a service retirement if you reach age 60 before having served 25 years as a SUNY police officer. The Benefit With 25 years of creditable service, your benefit will equal 2 percent of your Final Average … The Application for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 …
https://www.osc.ny.gov/retirement/publications/1823/service-retirement-benefitService Retirement Benefit – Forest Rangers Plan
… for a service retirement if you reach age 60 before having served 25 years as a forest ranger. The Benefit With 25 years of creditable service, your benefit will equal 1/50th (2 percent) of your FAS for … Your Application for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 …
https://www.osc.ny.gov/retirement/publications/1864/service-retirement-benefitDiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… The COVID-19 pandemic hit the South Bronx especially hard, but the area’s economy has shown … New York State Comptroller Thomas P. DiNapoli. “The South Bronx was hard hit by the COVID-19 pandemic but was resilient … the pandemic, jobs and businesses grew faster in the South Bronx than the rest of the borough and city. This was due in …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesAppendix A – Auditing Authority – Legal References – Improving the Effectiveness of Your Claims Auditing Process
… board and payable out of funds within the separate board’s jurisdiction. Village Law Sections 3-301(2)(c), 5-524 Fire …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/appendix-auditing-authority-legal-references