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New York State Comptroller DiNapoli Statement on MTA Finances
… New York State Comptroller Thomas P. DiNapoli issued the … services during this difficult period in New York City and the region’s economic recovery. “It is now up to the …
https://www.osc.ny.gov/press/releases/2023/07/new-york-state-comptroller-dinapoli-statement-mta-financesCapital – 2023 Financial Condition Report
… include not only highways and bridges, but also facilities for education, government, health, housing, environmental … $1.2 billion (20.3 percent). Transportation accounted for 51.1 percent of all capital projects spending in SFY … years earlier. The increase is largely related to spending for the Metropolitan Transportation Authority. Education, up …
https://www.osc.ny.gov/reports/finance/2023-fcr/capitalMessage from the Comptroller – 2023 Financial Condition Report
… In this environment, State policymakers increased support for schools, health care and other programs. At the same … receipts in SFY 2022-23. This aid supports health coverage for nearly 9.4 million New Yorkers and plays essential roles … finances and services, starting with key fiscal indicators for revenue, spending, capital investments and debt. It …
https://www.osc.ny.gov/reports/finance/2023-fcr/message-comptrollerRockland County – Budget Review (B22-6-9)
… and Westchester counties, was authorized to issue debt not to exceed $96 million to liquidate the accumulated … whether budgeted sales tax revenues are realistic and, if not, increase the sales tax revenues estimate. In adopting …
https://www.osc.ny.gov/local-government/audits/county/2022/11/18/rockland-county-budget-review-b22-6-9DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
… State Comptroller Thomas P. DiNapoli today announced the sale of $914.3 million State of New York General Obligation Series 2019B Refunding Bonds. … sale, the bonds were awarded to J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC. Specifically, the sales …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsState Agencies Bulletin No. 1078
… Employees should monitor the plan website or newsletter for future announcements regarding this feature. Check/Advice … Deductions” heading sections of the check/advice statement for all employees who make a current year contribution to the … “Before Tax Deductions” or “After Tax Deductions” section for those employees who elect to make contributions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1078-nys-deferred-compensation-plan-after-tax-roth-contributionsState Agencies Bulletin No. 1445
… Requests must originate from the agency payroll office, not individual NYS employees. In the email subject line, list … spelling of the Employee Name. Effective immediately, do not submit the Employee’s Social Security number, in part or … fields completed if they intend on taking advantage of an available tax treaty. If they qualify for a FICA exemption, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1445-general-tax-tipsOpinion 2005-9
… -- Central High School Districts (training requirement for board members) EDUCATION LAW §§1901, 1914, 2102-a: A … a school district or a BOCES who is elected or appointed for a term beginning on or after July 1, 2005, must, within … Law §2102-a[1]). The term “board of education” is defined for purposes of section 2102-a to include the governing body …
https://www.osc.ny.gov/legal-opinions/opinion-2005-9Opinion 88-68
… approval) GENERAL MUNICIPAL LAW, §§800(2), 809: It is not clear whether an application for subdivision approval … or employee is adverse to those of the applicant. We also call your attention to the disclosure requirements of General … self-interest, partiality or economic impropriety. We also call your attention to General Municipal Law, §805-a(1)(b) …
https://www.osc.ny.gov/legal-opinions/opinion-88-68DiNapoli Report Examines Troubling Child Poverty Trends
… A new report by State Comptroller Thomas P. DiNapoli details troubling child poverty trends across the state, including a child poverty rate that is one of the worst in the nation and alarmingly high in some …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-report-examines-troubling-child-poverty-trendsDiNapoli: Majority of Cities and Villages Statewide Below Fiscal Stress Threshold
… necessary and required annual financial reports and did not receive a score. In January, DiNapoli released fiscal …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-majority-cities-and-villages-statewide-below-fiscal-stress-thresholdOversight of Campus Foundations (Follow-Up)
To determine the extent of implementation of the four recommendations included in our initial audit report Oversight of Campus Foundations Report 2016S93
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/oversight-campus-foundations-followThe 80/20 Housing Program (Follow-Up)
… the proper number of affordable units were made available to low-income tenants. Our review of the files for … (42 percent) of the 43 tenants reviewed, developments did not verify applicant incomes with the Internal Revenue … by the owners of the four sampled developments could not be fully calculated. Benefits that could be quantified …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followState Comptroller DiNapoli Releases School Audits
… included annually appropriating fund balance that was not used to finance operations. As of June 30, 2017, … In addition, the district's reserve funds are generally not being used and the retirement, repair and unemployment … Management (Chautauqua County) District officials did not properly manage fund balance and need to improve their …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases School Audits
… The board has not established a computer use policy for employees to define appropriate user behavior or … to ensure the security of the District’s IT system. For example, the treasurer has administrative rights to the … software application, which creates the opportunity for the manipulation and concealment of transactions. …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-school-audits-1DiNapoli: Fiscal Stress Remains Low Among Villages
… necessary and required annual financial reports and did not receive a score. In January, DiNapoli released fiscal …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-fiscal-stress-remains-low-among-villagesOpinion 93-18
… program) GENERAL MUNICIPAL LAW, §216(2): A town board is not required to conduct a mandatory referendum on a proposal … Benefit Law, §3[10]). Thus, section 216(2) does not require a town board to conduct a mandatory referendum on … percent of the town board. Further, section 216(2) does not require a town board to vote on a proposal selected by a …
https://www.osc.ny.gov/legal-opinions/opinion-93-18Opinion 94-11
… of fire commissioners of a fire district generally may not expend district funds in connection with a celebration of … lack of authority, we stated that such an expenditure was not permissible. We also pointed out, however, that Town Law, …
https://www.osc.ny.gov/legal-opinions/opinion-94-11Pipeline Safety Oversight
… and Incident Investigation. Key Findings DPS staff do not verify the accuracy of the information on … which DPS staff rely on during field audits. DPS has not set up a process to identify instances where Operators … without gas. DPS does not perform analyses of all available data to better identify potential high-risk areas. …
https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversightExamples from GASB Statement 34 - Sample City Balance Sheet Governmental Funds
… Funds December 31, 2002 General Fund HUD Programs Community Redevelopment Route 7 Construction Fund Other … 3,832,062 3,832,062 Other purposes "Designation" of unreserved fund balances may be displayed or disclosed in … Special revenue funds 1,035,342 1,330,718 2,366,060 Capital projects funds 13,056,173 3,569,818 1,241,270 …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-2