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DiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… COVID-19 pandemic has created a significant revenue loss for the city while driving up costs to deal with its … if and when deficit financing is truly needed. Washington, for its part, can, and must, help the city weather this … potential revenue shortfalls and should be a prerequisite for considering deficit financing as a revenue source, …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesSUNY Bulletin No. SU-325
… in the State University Graduate Student Negotiating Unit (GSNU) – BU28 who meet the eligibility criteria are … the Doctoral Program Recruitment and Retention Enhancement Fund based on the number of employees in BU28 to facilitate … to receive Recruitment or Retention Payments. Bargaining Unit = 28 Salary Grade = 980 Comp Rate Code = BIW, FEE …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-325-suny-recruitment-and-retention-payments-gsnu-employeesVII.4 Appropriated Loan Receivables – VII. State Revenues and Appropriated Loan Receivables
… Appropriated Loan Receivables (ALRs) result when State money is … agencies pursuant to State Finance Law Section 40-a. ALRs anticipate future repayment from the recipient or … chartfields and account on a General Ledger Journal Entry. Reporting A summary of ALR annual activity is reported in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii4-appropriated-loan-receivablesState Comptroller DiNapoli Releases Municipal & School Audits
… Although the district’s health insurance buyout program is generally cost-effective, the district could achieve …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-0DiNapoli: NYRA's Future Uncertain
… years and management has yet to develop a formal plan to make these operations profitable, according to an audit … DiNapoli said. “NYRA needs to come up with a plan to make money on racing operations, especially as it seeks to … NYRA lost $62 million on its racing operations. No plan to make racing profitable The FOB has stressed the need for NYRA …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-nyras-future-uncertainState Comptroller DiNapoli Releases School Audits
… accrual records tested. The district may incur $47,817 in additional payroll costs if the errors are not corrected. … record their hours worked or not worked, which resulted in leave balances which may be overstated by 27 days; ten … used. Surplus fund balance exceeded the 4% statutory limit in each of the last three fiscal years by 3.1 to 12.8 …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-school-auditsDiNapoli: Remember to Read Fine Print on Gift Cards This Holiday Season
… said New Yorkers should use their gift cards within a year of purchase to avoid inactivity fees and register cards … property after five years of dormancy. In State Fiscal Year 2017-18, more than $11.6 million from gift cards was … season, many of them go unused," said DiNapoli. "Last year, my office received nearly $12 million from dormant gift …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-remember-read-fine-print-gift-cards-holiday-seasonUnified Court System Bulletin No. UCS-152
… in Fiscal Year 2009-10, the New York State Unified Court System has offered a one-time $20,000 separation payment to … $20,000 or a portion thereof in calendar year 2009 or the employee may elect to receive two (2) equal payments in the … are currently collecting a pension from the New York State Retirement System are not eligible for a separation payment. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-152-unified-court-system-separation-buyout-incentive-paymentUnited HealthCare – Payments for Fraudulent and Improper Claims Submitted by Davis Ethical Pharmacy
… (Davis Ethical) is an independently owned pharmacy located in Rockville Centre, New York. For the period from January 1, … the New York State Department of Financial Services (DFS). In December 2011, Davis Ethical was sold. We limited our … the purported prescribing physicians, although the members in question were patients of the physicians. This includes …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/united-healthcare-payments-fraudulent-and-improper-claims-submitted-davis-ethical-pharmacyContract Award and Performance
… monitored vendors’ performance to ensure compliance with contract terms. Our audit included contracts awarded or … Its earliest efforts focused on research and development with the goal of reducing the State’s petroleum consumption. …
https://www.osc.ny.gov/state-agencies/audits/2014/12/22/contract-award-and-performanceDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… and experience the sudden onset of COVID-19, to choose an effective date of retirement that is less than 15 days … members place an effective date of retirement on their application or if filing using Retirement Online . … the current state of emergency through May 16. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisLocal Sales Tax Collections Up
… Overall growth in local sales tax collections statewide in 2019 was relatively strong, according to report released … Collections across the state, totaling $18.3 billion in 2019, grew by $815 million or 4.7 percent, from the previous … economic climate in New York state was positive through 2019 with continued employment and wage growth,” DiNapoli …
https://www.osc.ny.gov/press/releases/2020/02/local-sales-tax-collectionsCUNY Bulletin No. CU-706
… PSC lump sum payments. Affected Employees CUNY employees in the titles of Assistant to HEO, EOC Assistant to HEOare … of Agreement between the CUNY and the PSC, employees in the titles of Assistant to HEO and EOC Assistant to HEO will receive a lump sum payment in the amount of $1,000 to fulfill the agreement for an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-706-2021-lump-sum-payments-eligible-city-university-new-yorkState Comptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-school-district-auditsJoin Our Team as a State Program Examiner!
… Flexible schedule Open Positions Albany State Program Examiner 1 & Trainees Auditor 1/State Program Examiner 1 & … days 13 sick days 5 personal days 13 paid holidays Retirement Benefits: Employees are vested in the pension system after five years. Deferred compensation options are …
https://www.osc.ny.gov/jobs/sgaRed Creek Protective Fire Company, Inc. – Controls Over Financial Activities (2014M-271)
… Fire Company is a volunteer organization located in the Village of Red Creek, Wayne County. The Company … does not maintain a record of daily cash balances in the checking and savings accounts and cannot perform … written financial reports to the Village, as stated in the bylaws. The Treasurer does not maintain a cash …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/01/09/red-creek-protective-fire-company-inc-controls-over-financialClark Mills Fire District – Controls Over Financial Activities (2014M-315)
… and reported and that District moneys are safeguarded for the period January 1, 2013 through July 31, 2014. … The District’s general fund budget totaled $67,000 for the 2014 fiscal year. Key Findings The Board did not … by GML. The District has been using a credit union for the deposit and temporary investment of District funds, …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/01/09/clark-mills-fire-district-controls-over-financial-activities-2014m-315Justice Court Fund: Invoice Billing Program
… reviews and processes the monthly report to determine the State, County and local shares of money reported and fees … and billing statement to the CFO for the amount due the State (includes refunds paid by OSC) and County. When village matters are reported on a town report and funds are due to the village, the town …
https://www.osc.ny.gov/local-government/required-reporting/justice-court-fund-invoice-billing-programMount Vernon Industrial Development Agency – Project Approval and Monitoring (2013M-364)
… The Mount Vernon Industrial Development Agency is located in the City of Mount Vernon in Westchester County and is governed by a Board of Directors … Its purpose is to promote, develop, encourage and assist in acquiring, constructing, improving, maintaining or …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/04/18/mount-vernon-industrial-development-agency-project-approvalOrdinary Death Benefit – Police and Fire Plan
… Workers’ Compensation or other employer-funded benefits, for up to two years (which may be extended for an additional two years) following the last date you were … or Within 12 months of the last date you were receiving salary, on an authorized medical leave of absence, or …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-death-benefit