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First Quarter 2022 Local Sales Tax Collections Up 21 Percent

Local government sales tax collections totaled nearly $5.2 billion in the first quarter of 2022, an increase of 21.1 percent, or $901 million, compared to the same quarter the previous year. This growth was at least partially driven by inflation, which hit a 40-year-high in March, most notably for g

The Construction Industry in New York City: Recent Trends and Impact of COVID-19

… 2021 PDF Version En Español Highlights In 2020, New York State had the fourth-largest construction sector in the … State’s worst annual decline in more than 25 years. New York City accounted for more than half the industry’s …

https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19

Environmental, Social & Governance Principles and Proxy Voting Guidelines - 2024

The New York State Common Retirement Fund is one of the largest public pension funds in the nation with invested assets valued at $249.5 billion in assets (as of March 31, 2023) held in trust for the more than one million members and beneficiaries of the New York State and Local Retirement System.

https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/proxy-voting-guidelines-2024.pdf

Review of the Enacted Budget: State Fiscal Year 2021-22

… State Fiscal Year 2021-22 April 2021 PDF Version Message from … than a year after the onset of the COVID-19 pandemic in New York, our State continues to recover from the pandemic’s …

https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22

Other Bulletin No. 26

To inform the State University Construction Fund of OSCs automatic processing of the April 2015 SCF MC Salary Increase and provide instructions for payments n

https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-26-april-2015-state-university-construction-fund-scf

Forms

Print New York State and Local Retirement System NYSLRS forms for members employers and retirees

https://www.osc.ny.gov/retirement/forms

Contact Us

… questions, there are several ways to contact the Office of Unclaimed Funds: OUF Email Addresses You can reach: Reports Processing …

https://www.osc.ny.gov/unclaimed-funds/reporters/contact-us

Amusement Park and Fair Ride Safety

… Purpose To determine if the Department of Labor (Department) is … venues operating outside New York City. Structures subject to Unit inspection include any permanent (i.e., those at … combined with the timing of our testing which inhibited us from conducting site visits during most of the operating …

https://www.osc.ny.gov/state-agencies/audits/2014/10/06/amusement-park-and-fair-ride-safety

State Agencies Bulletin No. 871

… of Military and Training Leave Benefits and Stipends and OSC’s process for the Military Stipend recalculation … eligible employees These recalculations will be entered by OSC in Pay Period 21L (Administration) and 22L (Institution) … category based on the employee's State salary (base pay plus Location Pay plus Geographic differential) as of January …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/871-extension-military-and-training-leave-benefits-and-stipends

CUNY Bulletin No. CU-118

… Purpose To explain the process for adding a TIAA/CREF retirement … and deduction codes 603 and 604 (TIAA/CREF arrears) to the benefit program AJC Agency Actions Agencies must … Before Tax) or code 604 (TIAA Arrears After Tax). Do not enter a Deduction End Date; the Goal Amount will control …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-118-tiaacref-pensionability-adjunct-earnings

Opinion 98-2

… commences at 8:00 pm and ends approximately 9:00 pm or 10:00 pm, and the commissioners customarily arrive before the … to complete the business at hand (see, e.g., 1981 Opns St Comp No. 81-13, p 13; 1979 Opns St Comp No. 79-717, … January 20, 1998 Joseph R. Attonito, Esq., Attorney at Law Selden Fire District … Whether a fire district may pay for …

https://www.osc.ny.gov/legal-opinions/opinion-98-2

Town of Schroon – Internal Controls Over Transfer Station Operations (2013M-24)

… in missing revenues. We found weak internal controls over cash receipts and poor monitoring of solid waste received at … slips were retained. The absence of the weigh slips and cash receipt records makes it impossible to determine if the … amount of money received and a second person receive the cash for these receipts. Design procedures for cash receipts …

https://www.osc.ny.gov/local-government/audits/town/2013/04/05/town-schroon-internal-controls-over-transfer-station-operations-2013m-24

DiNapoli Audit Finds Hazardous Conditions Persist in Mitchell-Lama Developments

… Homes and Community Renewal (HCR), is falling short in its oversight of several Mitchell-Lama developments, … conditions and records at four Mitchell-Lama developments in New York City – 753 Classon Ave. Housing Co. (Classon), … unsafe conditions and developing a process to use publicly available violations and complaints data in the monitoring of …

https://www.osc.ny.gov/press/releases/2023/06/dinapoli-audit-finds-hazardous-conditions-persist-mitchell-lama-developments

Opinion 89-43

… This opinion represents the views of the Office of the State Comptroller at the time it was … may change the office of fire district treasurer from an elective to an appointive office pursuant to the procedures set forth in …

https://www.osc.ny.gov/legal-opinions/opinion-89-43

Regulation for Scheduling, Adjourning and Conduct of Administrative Hearings

… hold a hearing to review and redetermine an application for retirement allowance or other benefit provided by the … Law; and Whereas, All such hearings should be conducted in such manner as to protect equally the interests of the … timely and proper adjournment pursuant to section 317.5 of this Part will result in a dismissal of the application for …

https://www.osc.ny.gov/retirement/members/regulation-for-hearings

State Agencies Bulletin No. 2029

… overtime rate of 2.5 times the employee’s regular rate of pay to overtime eligible M/C employees. The new overtime rate … during shifts that begin at or after 11:00 pm on 02/09/2022 and at or before 10:59 pm on 03/09/2022 (Institution) or … the new Time Entry Overtime Earnings Codes in Institution Pay Period 24L, checks dated 03/10/2022 and Administration …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2029-pilot-program-establishing-temporary-overtime-rate-overtime-eligible

NY State Comptroller DiNapoli: Social Media Firms Must Demonstrate They Can Protect Users

… today called on Facebook, Twitter and Alphabet to publicly report what they are doing to enforce the terms of service by … including Mark Zuckerberg; against all four directors up for election at Twitter; and against four of the 10 directors up for election at Alphabet. One of the reasons for the vote …

https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-social-media-firms-must-demonstrate-they-can-protect-users

DiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves

… DiNapoli. “The time to prepare for serious fiscal problems is before they arrive,” DiNapoli said. “The need for a cushion to fall back on is especially urgent today amid signs of a slowing economy. As the financial capital of the world, New York is particularly sensitive to economic downturns, which can …

https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reserves