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XVI.1 Financial Reporting Overview – XVI. Financial Reporting
… accounting and financial reporting principles. From time to time, the GASB will issue statements prescribing new or … requirements. This chapter will be updated as needed to reflect such additions or revisions in GAAP, as well as to reflect changes in State law, administrative or judicial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi1-financial-reporting-overviewNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… Federal pandemic relief funds resulted in New York having a positive balance of payments with Washington, with the state ranking 42 nd in federal … English proficiency, breakfast and lunch programs, and college loans. Other federal funds pay for essential capital …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesOpinion 89-18
… in light of the public policy concerns discussed in that case, it appears that an officer or employee, in certain …
https://www.osc.ny.gov/legal-opinions/opinion-89-18State Agencies Bulletin No. 1991
… establishing a temporary overtime rate for employees in certain titles represented by C82 working at OPWDD. Affected Employees Employees in certain Security Supervisors Unit (SSPU BU91) titles who … 2.5 times the employee’s regular rate of pay for employees in certain title The new overtime rate shall apply to all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1991-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 1990
… establishing a temporary overtime rate for employees in certain titles represented by NYSCOPBA working at OPWDD. Affected Employees Employees in certain Security Services Unit (BU21) titles who work at … 2.5 times the employee’s regular rate of pay for employees in certain titles. The new overtime rate applies to all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1990-pilot-program-establishing-temporary-overtime-rate-employees-certainChenango County Industrial Development Agency – Project Approval and Monitoring (2022M-10)
… of Directors (Board) evaluated projects prior to approval and subsequently monitored the performance of businesses that … prior to approval, the Board did not adequately establish and document its evaluation and approval process. In addition, the Board did not properly …
https://www.osc.ny.gov/local-government/audits/county/2022/04/22/chenango-county-industrial-development-agency-project-approval-and-monitoringDiNapoli: New York State Pension Fund Expands List of Corporations That Disclose Political Spending
… In 2016, the New York State Common Retirement Fund (Fund) reached agreements with … in Citizens United, investors have been left in the dark on how and where corporate dollars are spent on political … State Common Retirement Fund is the third largest public pension fund in the United States with estimated assets of …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-new-york-state-pension-fund-expands-list-corporations-disclose-political-spendingWaiting for Special Education - June 2008
Each year in New York City, more than 100,000 public and private school children between the ages of 5 and 21 are referred to the NYC Department of Education.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2009.pdfComptroller DiNapoli and A.G. Schneiderman Announce Conviction and Sentencing of Florida Man For Theft of Over $180,000 in NYS Pension Benefits
… the New York State and Local Employees Retirement System to his deceased brother, Martin Petschauer, between July 2008 … said State Comptroller DiNapoli. "My office will continue to thwart pension thieves and protect our New York State & … for the benefit of Petschauer; Schusteritsch was the sole trustee for his brother and had exclusive access to the bank …
https://www.osc.ny.gov/press/releases/2016/12/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-and-sentencing-florida-man-theft-overDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… of the administrative and application problems hampering it, but renters living in public housing have not yet received funds from it and rental burdens for low-income New Yorkers remain high, … waived late fees. “The Emergency Rental Assistance Program got off to a slow start in New York, at a time of great …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startPreventing Fraud and Abuse of Public Funds: Local Governments Need to Do Better
Preventing Fraud and Abuse of Public Funds: Local Governments Need to Do Better
https://www.osc.ny.gov/files/local-government/publications/pdf/preventingfraud.pdfHudson Housing Authority – Information Technology (2019M-224)
… review and update routinely or when significant changes in the environment occur. Create and maintain service level …
https://www.osc.ny.gov/local-government/audits/public-authority/2020/07/10/hudson-housing-authority-information-technology-2019m-224NYS Pension Fund Commits $2 Billion to Climate Transition Index
… The New York State Common Retirement Fund (Fund) will invest $2 billion in an index focused on reducing the risks of climate change and capitalizing on … State Common Retirement Fund is the third largest public pension fund in the United States with assets of …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexState Agencies Bulletin No. 944
… request that agencies identify all employees for whom the Retirement Plan checkbox in Box 13 on the 2009 Form W-2 … IRS Instructions for Forms W-2 and W-3 require that the retirement checkbox be checked for all employees who are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/944-retirement-plan-checkbox-form-w-2-wage-and-tax-statementXIII.4.A Employee Travel Card Reconciliation – XIII. Employee Expense Reimbursement
… Policy References Reconciling travel card charges and out-of-pocket expenses is an integral part of creating and submitting travel expense reports in the Statewide … to ensure charges are reconciled timely, such as in the case of the death of an employee. In these instances, the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii4a-employee-travel-card-reconciliationOpinion 90-11
… did not apply to state and local governments ( National League of Cities v Usery , 426 US 833, 96 S Ct 2465, 49 L … 83 L Ed2d 1016, reversed its earlier decision in National League of Cities , supra and held that the FLSA applies …
https://www.osc.ny.gov/legal-opinions/opinion-90-11DiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… Democrat & Chronicle published an op-ed from New York State Comptroller Thomas P. DiNapoli highlighting the urgent … seeking assistance, many for the first time. Some have run out of supplies and have turned people away. The Food Bank … Op-Ed The need to combat hunger is clear and urgent Find out how your government money is spent at Open Book New York …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli: Audits Lead to Millions of Dollars in Medicaid Savings from Drug Rebate Collections
… The state collected over $160 million in drug rebates under the … York has been leaving millions of dollars in drug rebates on the table," DiNapoli said. "The state Department of Health … rebates before the audit concluded. Auditors also pointed out an additional 26 providers DOH identified as 340B …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-audits-lead-millions-dollars-medicaid-savings-drug-rebate-collectionsChanges in Federal Policies Pose Significant Risks for New York City's Budget
… agencies could be higher than planned; Proceeds from the sale of taxi medallions could fall short of expectations …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… dipped slightly in 2017, averaging 176,900 jobs. Despite recent gains, employment in the securities industry in the … p://www.osc.state.ny.us/sites/default/files/other/documents/pdf/2019-04/wall-street-bonuses-2017.pdf Chart showing Wall Street's annual profits and …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017