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State Agencies Bulletin No. 1881
… Purpose The purpose of this bulletin is to notify agencies of the $17,301 pensionable overtime earnings limit for Tier 6 New York City Employee Retirement System (7U), New York …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1881-2021-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsAdditional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… you will receive additional benefits for service over 25 years if your employer adopted this coverage. In addition, … FAE. The Benefit This coverage provides an additional pension benefit of 1.66 percent of your FAE for each … year of creditable service beyond 25. For Tier 2, 3, 5 and 6 members, the maximum benefit is 61.67 percent of your …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hState Comptroller DiNapoli Statement on Passage of Final State Budget
… the taxpayers from waste, fraud and abuse. Limiting these abilities can hurt taxpayers. "This budget process went far …
https://www.osc.ny.gov/press/releases/2026/05/state-comptroller-dinapoli-statement-passage-final-state-budgetChild Support and Spousal Maintenance – Divorce and Your Benefits
… support or spousal maintenance that was served on a member’s employer before retirement cannot be applied toward the member’s pension payments. A new Income Withholding Order must be served on NYSLRS after …
https://www.osc.ny.gov/retirement/members/divorce/child-support-and-spousal-maintenanceVendor File Advisory No. 8
… Subject: Updating the Vendor Certification section to include a new certification Reference: Guide to Financial Operations (GFO), … Updating the Vendor Certification section to include a new certification …
https://www.osc.ny.gov/state-agencies/advisories/vendor-file-advisory/8-vendor-certifications-updateCoalition of 41 Investors Call on U.S. Companies to Oppose President Trump's Actions on Immigration
… oppose President Trump's repeated actions on immigration, which risk negative repercussions to our nation’s economy. … economy," DiNapoli said. "Many of the corporations in which we invest depend on immigrants who provide an important … would damage the economy by limiting the talent pool from which businesses can hire. It urges that actions to …
https://www.osc.ny.gov/press/releases/2018/02/coalition-41-investors-call-us-companies-oppose-president-trumps-actions-immigrationOpinion 95-22
… bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt Volunteer Firemen's Benevolent … (use of tax moneys to purchase exercise equipment) INSURANCE LAW, §§9104, 9105: The Fishkill Exempt Firemen's … certain exercise equipment to be used to implement a fitness program at the fire station. Insurance Law, §§9104 …
https://www.osc.ny.gov/legal-opinions/opinion-95-22Opinion 95-21
… issues discussed in the opinion. IMPROVEMENT DISTRICTS -- Consolidation (procedures for) SEWER DISTRICTS -- Consolidation (procedures for) TOWN LAW, §206: A town board … proceeding to consolidate two or more sewer districts. The consolidation is subject to public hearing and permissive …
https://www.osc.ny.gov/legal-opinions/opinion-95-21Examples from GASB Statement 34 - Sample City Statement of Net Assets Proprietary Funds
… Examples from GASB Statement 34 included in this bulletin, copyright by the … Norwalk, CT 06856 are reprinted by permission. Sample City Statement of Net Assets Proprietary Funds December 31, 2002 … Examples from GASB Statement 34 Sample City Statement of Net Assets Proprietary …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34Oversight of Procurements and Loan Programs
… (DANC) provided adequate oversight of its procurements and loan programs in accordance with the Public Authorities … Public Authorities Law to provide infrastructure services and economic development in Jefferson, Lewis, and St. Lawrence counties. DANC operates a solid waste …
https://www.osc.ny.gov/state-agencies/audits/2015/08/04/oversight-procurements-and-loan-programsCompliance With Executive Order 95 (Open Data)
… Objectives To determine whether the Department of State (Department) is complying with Executive Order 95 (EO 95), including providing, in a timely manner, publishable State data to the Office of Information Technology Services (ITS) under EO 95, and … To determine whether the Department of State is complying with Executive Order 95 including …
https://www.osc.ny.gov/state-agencies/audits/2020/04/08/compliance-executive-order-95-open-data-0Town of Florida – Town Clerk Operations (2012M-215)
Town of Florida Town Clerk Operations 2012M215
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-florida-town-clerk-operations-2012m-215Village of Westbury – Purchasing, Claims Audit and Information Technology (2013M-301)
… of North Hempstead, Nassau County. The Village is governed by an elected Board of Trustees comprising a Mayor and four … quotes before purchasing goods and services as required by the Village’s procurement policy. The Board does not …
https://www.osc.ny.gov/local-government/audits/village/2014/01/24/village-westbury-purchasing-claims-audit-and-information-technology-2013m-301City of Olean – Budget Review (B1-16-2)
… arise from contract agreements settled during 2016-17 is diminished. Although the City has made significant … rather than appropriated fund balance. Develop and adopt a fund balance policy to guide the City’s accumulation and … Create, adopt, use and annually update both a multiyear capital plan and a multiyear financial plan, and make both …
https://www.osc.ny.gov/local-government/audits/city/2016/03/14/city-olean-budget-review-b1-16-2Town of White Creek – Board Oversight of Financial Activities (2013M-64)
… not adequately oversee and monitor the work of the Budget Officer who served as the Town’s bookkeeper and maintained … was not in compliance with payroll tax filing or payment requirements for Federal and State liabilities. The Board did … and records. Key Recommendations Ensure that the Budget Officer has the necessary training in municipal accounting …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-white-creek-board-oversight-financial-activities-2013m-64City of Olean – Budget Review (B17-1-3)
… the significant revenue and expenditure projections in the City's preliminary budget for the 2017-18 fiscal year are reasonable, and whether the City took appropriate action on our recommendations in the … budget review letter issued in March 2016. Background The City of Olean, located in Cattaraugus County, issued debt …
https://www.osc.ny.gov/local-government/audits/city/2017/03/17/city-olean-budget-review-b17-1-3Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… County and one town in Broome County. The District is governed by a seven-member Board of Education. The … fund budgeted appropriations for the 2014-15 fiscal year is $14.6 million. Key Findings The District’s fund balance … amount of the District’s unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191Statewide Local Sales Tax Collections Up More Than 21 Percent
… Local government sales tax collections in July increased by 21.2% over the … million from July of last year. “Last month’s impressive sales tax performance reflects this year’s strengthening … quarterly distributions against what had been reported by sales tax vendors for the reporting quarter and adjusts …
https://www.osc.ny.gov/press/releases/2021/08/statewide-local-sales-tax-collections-more-21-percentTax Cap Compliance
… General Information for Filing File tax cap compliance form online (Accessible only to filing entities) Property Tax Filing website Enrollment Instructions [pdf] Instructions for reporting tax cap compliance data [pdf] … 1. Questions related to completing the Tax Cap Compliance form – Select option 3. Email us at [email protected] …
https://www.osc.ny.gov/local-government/property-tax-cap/tax-cap-complianceOpinion 97-11
… on the issues discussed in the opinion. CITIES -- Powers and Duties (authority to establish financial disclosure … §§800(4), (5), 810(1), (3), 811(1); Public Housing Law, §36: Article 18 of the General Municipal Law does not … created (see Public Housing Law, §3[2]; see also 1988 Opns St Comp No. 88-64, p 126). Therefore, it has been our opinion …
https://www.osc.ny.gov/legal-opinions/opinion-97-11