Search
DiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… and helped pass the “Child Poverty Reduction Act.” This law established a child poverty reduction goal of 50% over 10 …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… about long-term balance, increasing debt and the impacts of federal policies, according to a report released today by … Financial Plan anticipates holding spending billions of dollars below baseline growth levels in coming years, but … projected to decline to $107 million in SFY 2023-24. For a copy of the report , go to: …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansNY State Common Retirement Fund Selects New Deputy Chief Investment Officer
… Thomas P. DiNapoli today announced the appointment of Anastasia Titarchuk to the position of Deputy Chief Investment Officer for the $181.7 billion New … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2015/02/ny-state-common-retirement-fund-selects-new-deputy-chief-investment-officerNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2023
… Message from the Comptroller April 2025 The distribution of federal resources—and the fiscal relationship between … Insurance Act taxes, and other receipts, primarily pension contributions from federal employees. Other taxes … 2023 (In thousands), cash basis . USAspending.gov , see Award Search/Advanced Search and Download/Award Data Archive …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2023City of Lockport – Budget Review (B20-1-9)
… [ read complete report - pdf ] Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation … of our review, except for matters described in this letter, the significant revenue and expenditure projections …
https://www.osc.ny.gov/local-government/audits/city/2020/11/06/city-lockport-budget-review-b20-1-9Herkimer Central School District – 2014 Building Renovation Capital Project (2022M-136)
… the Herkimer Central School District (District) Board of Education (Board) and officials properly planned and … exceeded the authorized purchase order by $95,100. Release of this report was held in abeyance due to a separate … York State and Local Retirement System out of $52,514 in pension payments. In September 2022, the former clerk of the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/herkimer-central-school-district-2014-building-renovation-capital-projectFormer Bronx Youth Director Pleads Guilty
… Attorney Darcel D. Clark today announced the guilty plea of Earnestine Russell to grand larceny in the third degree … has now been held accountable for her actions.” For a copy of the audit, go to …
https://www.osc.ny.gov/press/releases/2019/02/former-bronx-youth-director-pleads-guiltyStraight Talk About Financial Planning For Your Retirement
Your pension benefit is only part of a good financial plan. This publication includes information about NYSLRS benefits as well as financial planning tips.
https://www.osc.ny.gov/files/retirement/publications/pdf/1845-financial-planning.pdfDiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $233.2 billion at the end of the second quarter of the state’s fiscal year. For the … State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterCUNY Bulletin No. CU-691
… Purpose The purpose of this bulletin is to provide agencies with instructions on … Affected Employees Tier 6 CUNY employees who are members of the ORP are affected. Background On March 16, 2012, the Governor signed Legislation creating Tier 6 pension plans. This tier applies to employees joining a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-691-two-year-look-back-tier-6-cuny-optional-retirement-plan-orpOne-Year FAE – Special 20- and 25-Year Plans
… earned in the 12 months right before you retire. The types of payments included in a one-year FAE are the same as the types of payments included in a three-year FAE. Your pension benefit will be calculated based on a one-year FAE …
https://www.osc.ny.gov/retirement/publications/1517/one-year-faeState Agencies Bulletin No. 1691
… Employer’s Tax Guide to Fringe Benefits, the first $5,250 of educational assistance provided to an employee under an … program is excluded from taxable wages. Amounts in excess of $5,250 must be reported and are subject to Federal, State, … deposit advice statement. OSC has prepared the attached letter explaining the tax rules governing educational …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1691-educational-assistance-benefitsState Agencies Bulletin No. 1613
… Employer’s Tax Guide to Fringe Benefits, the first $5,250 of educational assistance provided to an employee under an … program is excluded from taxable wages. Amounts in excess of $5,250 must be reported and are subject to Federal, State, … to Affected Employees OSC has prepared the attached letter explaining the tax rules governing educational …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1613-educational-assistance-benefitsState Agencies Bulletin No. 1812
… Subject Summary of Tax Related Changes for 2020 Purpose The purpose of this … Social Security Wage Base Limit Contribution Limits on Pension/Retirement Plans Qualified Transportation & Parking … as of January 1, 2020. ITIN holders in this group who need to file a tax return in 2020 will need to renew their …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1812-summary-tax-related-changes-2020State Agencies Bulletin No. 1632
… Purpose To inform agencies of the updated IRS tax withholding requirements for 2018 and … as of January 1, 2018.ITIN holders in this group who need to file a tax return for 2018 will need to renew their ITINs. The renewal period began October …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1632-summary-tax-related-changes-2018Wainscott Common School District - Claims Auditing (2018M-240)
… report - pdf] Audit Objective Determine whether the Board of Education (Board) adequately audited claims before payment … that the Board, as a whole, performed a thorough audit of claims that not only ensured that claims were adequately … our comments on issues raised in the District’s response letter. … Determine whether the Board of Education Board …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/wainscott-common-school-district-claims-auditing-2018m-240DiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue
… policy shifts have led to a steady reduction in the number of asylum seekers entering and remaining in the city’s care … included downward revisions to the city’s planned pension contributions and funding for the City University of … certain industries. This lack of certainty highlights the need for the city to add to its budgetary cushion. Overall, …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-nyc-finances-stabilizing-drop-costs-asylum-seekers-and-resilient-tax-revenueDiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… New York state is facing signs of increasing fiscal challenges, including lower revenue … DiNapoli. "The state's fiscal outlook is clouded because of uncertainty in Washington, falling revenues, and fiscal … increase of 3.1 percent over the coming five years. For copy of the report , go to …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksReport on the State Fiscal Year 2009-10 Enacted Budget, May 2009
The Enacted Budget for State Fiscal Year (SFY) 2009-10 clearly demonstrates the need for comprehensive fiscal reform.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-2009-10.pdfComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Village of Aurora , Clinton Volunteer Fire Department , Germantown … Oversight (Columbia County) The board did not properly award a contract for $4,800 that was determined to be a …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-municipal-audits