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Employer Projected Invoice
… this does not account for the balance of your Reserve Fund, which would impact the maximum amount to amortize. For … for their unused, unpaid sick leave at retirement. Regular Pension Contribution The Regular Pension Contribution is calculated by multiplying the …
https://www.osc.ny.gov/retirement/employers/employer-projected-invoiceState Comptroller DiNapoli Releases Municipal & School Audits
… officials reduced surplus fund balance from 19% as of June 30, 2015 to 8% as of June 30, 2023, they consistently appropriated fund balance … and overfunded reserves, primarily through transfers of surplus fund balance. These practices lack transparency, …
https://www.osc.ny.gov/press/releases/2024/10/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: MTA Budget Gaps Return
… and risks that create projected budget gaps that start at $211 million this year and increase to $652 million in … of service. But with paid ridership not increasing at the rate MTA had expected, the authority has had to lower … revenue. While paid ridership in June 2024 was at about 70% of pre-pandemic numbers, it failed to grow at the …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnXIV.14.L Asset Retirement Obligations – XIV. Special Procedures
… liability to be considered incurred, there must be both an external obligating event and an internal obligating event resulting from normal operations. External Obligating Events AROs must be legally enforceable. … years Information about any assets restricted for the payment of the ARO AROs should be initially measured based on …
https://www.osc.ny.gov/state-agencies/chapter-xiv/xiv14l-asset-retirement-obligationsXI.3 Submission of Agency Purchase Orders – XI. Procurement and Contract Management
… centralized contracts for OSC approval, see Section XI.8.A Centralized Contracts . OP transactions are generally for … The Expire Date should be the last day of the fiscal year associated to the funds being used. The Comment Status …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi3-overviewComptroller DiNapoli Releases School District Audits
… District – Reserves Management (Westchester County) As of March 31, 2019, the school district reported four general … historical expenditures and planned use and found three of them (capital, retirement and employee benefits) to be … years, auditors found the tax certiorari reserve balance of $6,211,404 was sufficient to cover at least eight years of …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-school-district-auditsDiNapoli: State Agency Overtime Pay Hits $787 Million
… employees (excluding the State University of New York and the City University of New York) decreased slightly in … occurred in the Department of Labor, Office of Children and Family Services and the Department of Health. Overtime has accounted for 3.9 …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-state-agency-overtime-pay-hits-787-millionDiNapoli: NYC Tax Collections Stronger Than Anticipated
… New York City is projecting a surplus of $3.5 billion in fiscal year (FY) 2019, which it … mostly from resources from the citywide savings program, a reduction in unneeded reserves in the current fiscal year … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-nyc-tax-collections-stronger-anticipatedDiNapoli: Tax Cap Set at 2% in 2023
… increases that exceed the amounts they are set to receive in their final round of American Rescue Plan Act (ARPA) … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In accordance with state law, DiNapoli’s office calculated …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-tax-cap-set-2-percent-2023DiNapoli: Former Morley Fire Company Treasurer Pleads Guilty to Stealing Over $16,000
… Volunteer Fire Company accounts at the Del Lago Resort and Casino and the Turning Stone Resort Casino. Perkins used the … of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations , or by …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-former-morley-fire-company-treasurer-pleads-guilty-stealing-over-16000DiNapoli: Employment Recovery for New Yorkers with Disabilities Lags Nation
… In New York, the share has declined continually since 2019, to 26.1% in 2022. The difference on this metric between …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-employment-recovery-new-yorkers-disabilities-lags-nationMedicaid Program – Improper Payments for Brand Name Drugs
… through January 2022. About the Program The Department of Health (Department) administers New York’s Medicaid … that is equivalent to the brand name drug. Prescribers of drugs can indicate that a brand name drug is necessary by … drugs were available. Our review found: Overpayments of $739,446 on 16,261 fee-for-service (FFS) pharmacy claims …
https://www.osc.ny.gov/state-agencies/audits/2022/12/13/medicaid-program-improper-payments-brand-name-drugsNew York State Health Insurance Program – Payments by CVS Health for Pharmacy Services for Ineligible Members (Follow-Up)
… million active and retired State, local government, and school district employees, and their dependents. Civil Service …
https://www.osc.ny.gov/state-agencies/audits/2023/01/04/new-york-state-health-insurance-program-payments-cvs-health-pharmacy-services-ineligibleImproper Medicaid Payments for Misclassified Patient Discharges (Follow-Up)
… Objective To assess the extent of implementation of the four recommendations included in our initial audit …
https://www.osc.ny.gov/state-agencies/audits/2023/01/18/improper-medicaid-payments-misclassified-patient-discharges-followDiNapoli: Former Treasurer Arrested for Stealing From Essex County Fair
… State Comptroller Thomas P. DiNapoli, Franklin County District Attorney Craig Carriero and the New York … Police announced that Bridget Brown, former treasurer of the Essex County Agricultural Society (the Society), has been arrested for allegedly …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-former-treasurer-arrested-stealing-essex-county-fairState Comptroller DiNapoli Releases Municipal Audits
… and properly reported the condition of court and trust funds to the State Comptroller as required. Auditors also …
https://www.osc.ny.gov/press/releases/2020/05/state-comptroller-dinapoli-releases-municipal-auditsSustainable Investments and Climate Solutions Program
… including private equity, actively managed public equity strategies, green bonds, clean and green infrastructure … Minimizing pollution and improving conditions for local communities. Human Rights & Social Inclusion … equal housing opportunity for low-income families and communities that are chronically underserved. Please send …
https://www.osc.ny.gov/common-retirement-fund/sustainable-investments-and-climate-solutions-programState Agencies Bulletin No. 1814
… March 16, 2012, the Governor signed legislation creating a new Tier 6 that applies to employees joining a retirement … Law, and the Administrative Code of the City of New York that affect the contributions and benefits of members who join a New York State public retirement system on or after April 1, 2012. In …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1814-maximum-salary-contribution-limit-tier-6-members-following-new-yorkCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… effectively meet its contributions toward Executive Order 88 (EO 88) and complied with EO 88 Guidelines. The audit covered the period from April 1, …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsComptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government audits have been issued
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-municipal-audits-1