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State Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … being spent appropriately and effectively. The Comptroller’s audits are designed to help schools improve their financial … during this time by appropriating $400,000 in fund balance each year, but did not need to use these funds due to …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits-2Essential Policy Elements – Travel and Conference Expense Management
… appropriate: Descriptions of the pre-approval process that employees must follow to obtain authorization to attend … officers and employees cannot exceed. These rates vary by state and region (i.e., New York City hotel and meal rates … rate higher than the maximum rate. It may be in the best interest of the local government or school district to allow …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/essential-policy-elementsXIV.2 Obligation, Accounting and Budget Dates – XIV. Special Procedures
… System (SFS). In SFS, transactions are recorded to open accounting periods (i.e., periods in which a transaction can be posted). The current accounting period is the current month but the system allows multiple accounting periods to be open simultaneously. The Office of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv2-obligation-accounting-and-budget-datesState Comptroller DiNapoli Releases Audits
… today the following audits have been issued. Office of Children and Family Services (OCFS): Oversight of Runaway and Homeless Youth (2019-S-47) OCFS has generally … conduct inspections within established time frames as 57 of 186 program inspections (31 percent) and 23 of 184 fire …
https://www.osc.ny.gov/press/releases/2020/08/state-comptroller-dinapoli-releases-auditsDiNapoli: Some Taxpayer Check-Off Donations Not Utilized for Worthy Causes
… causes including breast cancer, prostate cancer and Alzheimer’s disease. “New Yorkers are generously giving … check-off programs so we can put the money to good use and finance important research and prevention initiatives.” There are eight causes that New …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-some-taxpayer-check-donations-not-utilized-worthy-causesNYC Budget Is Balanced but Risks Are Growing
… 18-year high and wages continue to rise, partly due to an increase in the minimum wage. New York City now projects a …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingState Comptroller DiNapoli Releases State Audits
… Thomas P. DiNapoli announced today the following audits and examinations have been issued: Office of General …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-state-audits-1Subway Wait Assessment
… to the Metropolitan Transportation Authority (MTA) Board and customers are accurate and consistently calculated. The … progress toward its goal of providing reliable service for its customers and federal, State, and local government … On July 25, 2017, in response to the Board’s demand for performance improvements, the MTA released the Subway …
https://www.osc.ny.gov/state-agencies/audits/2020/09/03/subway-wait-assessmentDiNapoli Op-Ed in Times Union
… The Times Union published an op-ed from New York State Comptroller Thomas P. DiNapoli today. Commentary: A …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-unionXI.12.C Surety Takeovers – XI. Procurement and Contract Management
… require a surety to complete or arrange for completing the contract should the original contractor default. In the event … specified below, OSC will update the Statewide Financial System (SFS), allowing future payments under the contract to … in the SFS will continue to be identified by the original NYS Contract # and will continue to reference the defaulted …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12c-surety-takeoversDiNapoli: Monster Beverage Needs To Diversify Board
… Inc. and Urban Outfitters, Inc. reaching agreements with all except Urban Outfitters, Inc. All five companies have since added diverse directors. In … the strongest support, 40.2% and 33.4% respectively, of all board diversity proposals filed in the 2014 season. Board …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-monster-beverage-needs-diversify-boardDiNapoli: State Tax Collections Decline $3.7 Billion in Fiscal Year 2018-19
… ended its fiscal year on March 31 with a General Fund balance of $7.2 billion, higher than recent projections but a … compared to SFY 2017-18. The $7.2 billion General Fund balance at the end of March was $1.7 billion higher than …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-state-tax-collections-decline-37-billion-fiscal-year-2018-19State Comptroller DiNapoli Releases Municipal Audits
… Of 19 professional service providers paid $769,931 in 2019, officials did not seek competition or provide … financial and capital plans or the following policies in fund balance, reserve and budgeting. As of December 31, … training. They did not have a disaster recovery plan. In addition, officials did not ensure online banking …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-municipal-audits-2Elementary and Secondary Education – 2021 Financial Condition Report
… resulted in a complete shutdown of school buildings in March 2020, with partial reopening plans developed that … Federal, $2.4 billion. In school budgets proposed for the 2021-22 school year, property tax levy increases averaged 1.4 …
https://www.osc.ny.gov/reports/finance/2021-fcr/elementary-and-secondary-educationState Comptroller DiNapoli Releases Municipal Audits
… Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program (2022M-36) The board did not properly … the corporation’s mission. Revolving loan fund activity was not adequately monitored to ensure loan recipients’ … eligibility, how loan applications should be reviewed or approved, confirming loan funds were used for approved …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… board did not develop and adopt realistic budgets. As a result, unrestricted fund balances increased to levels … paid more than $10,000, or a total of $5.5 million between July 1, 2023 through June 30, 2024, officials did not seek or provide documentation to …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-school-auditsInvesting in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … that spur economic growth and create and retain jobs. In-State Private Equity Investment Program This program invests in private equity funds that target technology-based startups …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkState Agencies Bulletin No. 1026
… D40 or DH4 Hours: Enter the number of hours to be paid. Payroll Register and Employee Paycheck/Advice The Earnings Code D40 o r DH4 will appear on the payroll register. The Earnings Code description Over 40 Cash … Questions about this bulletin may be e-mailed to the Payroll Audit mailbox. … To provide instructions to agencies …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1026-2010-csea-pef-and-dc-37-over40-comp-time-ii-cash-outDiNapoli: Farms Generate $4.8 Billion for New York's Economy
… billion in sales in 2017, more than half of the total for all agricultural products. The state's production of milk and …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-farms-generate-48-billion-new-yorks-economyPartial Lump Sum Payment – State Police Plan
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … a Lump Sum Payment You must select a pension payment option and PLS payment by the end of the month in which you … for retirement by mail, we will send you a special Option Election Form so you can choose a PLS percentage, or you can …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-payment