Search
State Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued. City of Binghamton – Joint Sewage Treatment Facility Capital Project Planning and Monitoring (Broome County) City officials properly planned and monitored the project by … that were due to project delays. Incorporated Village of Garden City – Check Signing (Nassau County) The village’s …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-1Town of Ballston – Water Fund Financial Operations (2012M-258)
… Purpose of Audit The purpose of our audit was to assess the water fund’s fiscal health and … January 1, 2010, to December 31, 2011. Background The Town of Ballston is located in Saratoga County and has a …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-ballston-water-fund-financial-operations-2012m-258DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
… bonds refinance outstanding General Obligation debt issued for transportation, environmental and other purposes. “Thanks … Morgan Stanley & Co. LLC. Specifically, the sales were for $211.4 million of bonds maturing in 2020 through 2024 … cost bid of 3.034202 percent. A summary of bids received for the Series 2019B Taxable Bonds can be viewed here: …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… March 31, 2024, the Fund had 42.85% of its assets invested in publicly traded equities. The remaining Fund assets by … It has consistently been ranked as one of the best managed and best funded plans in the nation. Links Fund’s historic value …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … has not implemented policies that address remote access to the district’s financial system. Fair Haven Volunteer Fire … the treasurer did not always obtain approval prior to transferring funds in the department’s bank accounts as …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-municipal-auditsGovernment-Wide Financial Data – 2022 Financial Condition Report
… Program revenues include: Charges to customers or others for services related to the program; Grants and contributions that can only be used to pay for the operations of a particular function or segment; and … taxes and other items not included as program revenues. For prior years’ comparative government-wide data, please see …
https://www.osc.ny.gov/reports/finance/2022-fcr/government-wide-financial-dataSecurity Self-Assessment: Questions – Information Technology Governance
… Self-Assessment Questions A fillable form is available for download and completion online at … when last updated: Contracts and Service Level Agreements for IT Services 4a Do contracts and SLAs for IT services specify the level of service to be provided …
https://www.osc.ny.gov/local-government/publications/it-governance/security-self-assessment-questionsState Agencies Bulletin No. 2004
… of a pilot program establishing a temporary overtime rate for overtime eligible employees working at DOCCS in titles represented by PEF or CSEA that were not included in the 01/13/2022 MOA. … using the earnings codes mentioned above are included as salary for retirement purposes. Tax Information These …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2004-pilot-program-establishing-temporary-overtime-rate-overtime-eligibleState Agencies Bulletin No. 1999
… establishing a temporary overtime rate for employees in certain titles represented by PEF or CSEA working at DOCCS. Affected Employees Employees in certain Institutional Services Unit (BU04) or … 2.5 times the employee’s regular rate of pay for employees in certain titles. The new overtime rate applies to all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1999-pilot-program-establishing-temporary-overtime-rate-employees-certainComptroller DiNapoli Releases Municipal Audits
… Glens Falls , the Woodgate Volunteer Fire Department and a budget review of the City of Yonkers . "In today’s fiscal … municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … minimum fines due totaling $440,000. Collecting the fees from resolved violations could significantly increase …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-municipal-audits-2DiNapoli Releases Review of First Quarter State Revenue Collections
… Total state tax collections through the first quarter of the state’s fiscal year 2014-15 were $1.3 billion higher than Division of the Budget (DOB) projections, largely reflecting growth in … cash position,”DiNapoli said. “The state’s sizable influx of one-time revenue from legal settlements also has …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-releases-review-first-quarter-state-revenue-collectionsDiNapoli Announces New Technology Investment Through Contour Venture Partners
… Fund has partnered with Contour Venture Partners for a total of twenty investments through the In-State … opportunities are proof that the program is a win for the Fund and a win for companies in communities around the state.” "This …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersDiNapoli Announces Latest Fiscal Stress Scores
… said DiNapoli. “Our monitoring system has shown that for those localities experiencing financial hardship, it can … To view the complete, sortable list of fiscal scores for municipalities, visit: … report “ Fiscal Stress Monitoring System Results for Municipalities: Three-Year Review ,” visit: …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-announces-latest-fiscal-stress-scoresBorrowing Against Your Contributions – Article 14 Benefits
… you should be aware of the federal tax laws pertaining to Retirement System loans. Your loan will be taxable if: The … plan through your current employer that causes your loan to exceed the federal limits for nontaxable loans. Exceeding … If you are under 59½ at the time, you may be required to pay a 10 percent penalty tax in addition to any ordinary …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsState Comptroller DiNapoli Releases State Audits
… and $48,802 for unsupported and duplicate payments to a contractor. Department of Health (DOH): Facility … ensure that safety and structural risks related to physical plant standards at health care facilities were … included recovering overpayments and instructing providers to bill Medicare Part C claims in accordance with the …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-state-audits-0DiNapoli Releases Fiscal Stress Scores for Villages and Cities
… While no municipalities were in the highest category of “significant fiscal stress,” 73 villages and cities have … as required. These scores also largely reflect the period when local governments in New York received federal relief … for many local governments has improved with the infusion of federal aid and stronger economic activity,” DiNapoli …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-releases-fiscal-stress-scores-villages-and-citiesState Agencies Bulletin No. 1993
… of Homeland Security and Emergency Services instructions for processing the 2019-2020 and 2020-2021 PEF Office of Fire Prevention and Control (OFPC) Uniform … Agreement between the State of New York and PEF provides for an annual maintenance allowance. Effective Dates The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1993-2019-2020-and-2020-2021-uniform-maintenance-allowance-employees-fireState Comptroller DiNapoli Releases Municipal Audits
… because they did not provide detailed guidance for the treasurer or audit committee when collecting and … secretary also inappropriately used a company credit card for personal purchases of at least $1,100 without detection … Auditors found the former clerk did not properly account for fees. The former clerk waived fees for 249 certified …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… District Charges (Jefferson County) Town officials did not bill water and sewer charges in accordance with town ordinances. Auditors found the water ordinance did not provide a clear, consistent and equitable basis for … charges stipulated in the water and sewer ordinances did not conform to applicable state law. Town of Alexandria – …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Audits
… Department of Health (DOH): Medicaid Program: Overpayments for Therapy Services and Prescription Drugs Covered by … identified $20.1 million in Medicaid payments made by DOH for therapy services and drugs that should have been paid for by Medicare. Department of Health: Improper Medicaid …
https://www.osc.ny.gov/press/releases/2019/11/state-comptroller-dinapoli-releases-audits