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Guide to Financial Operations
… The New York State Guide to Financial Operations (GFO) acts as a … systems where applicable. Subscribe to GFO Updates … The New York State Guide to Financial Operations GFO acts as a …
https://www.osc.ny.gov/state-agencies/gfoX. Guide to Vendor/Customer Management – X. Guide to Vendor/Customer Management
https://www.osc.ny.gov/state-agencies/gfo/chapter-xWhat Not to Report – Legacy Reporting
… Not all items considered taxable by the IRS constitute salary as defined by the Retirement and Social Security Law. The following … made for unused sick leave Termination payments New York State Disability Insurance payments Payment for unused …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-reportFuel and Services
… DMNA did not follow, or did not have the documentation to support it followed, State procurement requirements. In particular, DMNA lacked documentation to support the reasonableness of the prices paid and how it … fuel. In addition, we found DMNA lacked documentation to support: (i) the reasonableness of prices paid for the …
https://www.osc.ny.gov/state-agencies/audits/2015/06/30/fuel-and-servicesOpinion 92-30
… benefit accruing to a municipal officer or employee as the result of a contract with the municipality which such officer … contracts between the county and such agencies. October 9, 1992 Kenneth R. Ingenito, Chairman Rockland County …
https://www.osc.ny.gov/legal-opinions/opinion-92-30New York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… but the average bonus paid to industry employees in New York City declined by almost 17 percent to $153,700, according to … highest level in a decade. With solid gains in four of the past five years, employment in the securities industry in the …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellTransparency and Accountability of Fiscal Activities in Villages (2024-MS-2)
… for financial mismanagement and ensuring that public funds are used effectively. 1 Data as of September 13, 2024. …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/transparency-and-accountability-fiscal-activities-villages-2024-ms-2XII.6.C Paying Prompt Contract Interest – XII. Expenditures
… AND POLICIES This section explains the process for paying interest pursuant to the Prompt Contract Law once an … Agency does owe interest, the interest rate used in the late contract interest calculation is based on the … REV. 04/01/2017 … This section explains the process for paying interest pursuant to the Prompt Contract Law once an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6c-paying-prompt-contract-interestDiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… to the same period last year, according to New York State Comptroller Thomas P. DiNapoli. Collections for … to step up and provide financial help to those hit hard by this virus. Without action, communities may need to make … Tax Collections by Region Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyHudson City School District – Information Technology (2020M-157)
Determine whether Hudson City School District (District) officials ensured information technology (IT) systems were adequately secured against unauthorized use, access and loss.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/hudson-city-2020-157.pdfIX.12.G Check Clearance Patterns – IX. Federal Grants
… bank account each day after the state makes a disbursement of federal funds. That is, the clearance pattern reflects how those checks clear the bank account in the days following the date the checks are mailed. Under the CMIA, the U.S. Treasury may require states to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12g-check-clearance-patternsCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… with clear guidance for venues to reopen and make use of outdoor space to expand audiences. A joint partnership better … aligned at the city and state levels; Enabling the use of outdoor space with flexible guidelines and simple permitting … arts organizations such as independent live venues, movie theatres and museums, with additional grants set aside …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryLegal Topics and Approvals
… Procedures for Seeking Comptroller's Approval Relating to Refunding Local Debt Pursuant to Sections 90.00 and 90.10 of the Local Finance Law … Procurements: Guidelines for the "Piggybacking" Exception to Competitive Bidding [pdf] How to Apply for Exclusion of …
https://www.osc.ny.gov/local-government/resources/legal-topics-and-approvalsDiNapoli: State Must Make Progress on Monitoring Drinking Water Contaminants
… The state Department of Health (DOH) should continue to improve … to protect residents, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. "Safe … Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-state-must-make-progress-monitoring-drinking-water-contaminantsAssessment and Collection of Selected Fees and Penalties (Follow-Up)
… boiler database, developed and implemented guidelines on how and when boiler inspection penalties may be waived, and …
https://www.osc.ny.gov/state-agencies/audits/2015/02/05/assessment-and-collection-selected-fees-and-penalties-followDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the … DiNapoli said. “While these resources will be helpful in the state’s ongoing recovery effort, it is important to … and think long-term, as challenges remain.” Tax revenues in the month of February totaled $7 billion, $1.8 billion …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today … - The Research Foundation for the State University of New York: Compliance with the Reimbursable Cost Manual … calculated parent agency administrative allocation costs. New York State Health Insurance Program (NYSHIP): Preventing …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli, Steuben County District Attorney Baker and the New York State Police Announce Arrest of Former Village of Addison Official for Theft of More Than $1.1 Million
… a million dollars from her community,” DiNapoli said. “Thanks to the work of my office and our partnership with … we must presume the defendant innocent at this stage, but no matter what happens I, on behalf of the People of Steuben … community that she was supposed to be serving. We have no tolerance for any type of public corruption and the State …
https://www.osc.ny.gov/press/releases/2023/11/state-comptroller-dinapoli-steuben-county-district-attorney-baker-and-new-york-state-police-announceEarnings Limits
… earnings (FAE) , which is used to determine your NYSLRS pension, may be limited. If you earn more than the limit, it will not be factored into your pension and your employer should not withhold member … 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by federal law and …
https://www.osc.ny.gov/retirement/members/earnings-limitsState Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24
… health care, and provides significant, recurring funding to the MTA that will help close budget gaps. The Governor has … rainy day reserves. The state should put this authority to use by relying more on statutory, rather than informal, … preparing for economic and budgetary risks. "With an end to federal pandemic aid approaching and the possibility of an …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-thomas-p-dinapoli-statement-state-budget-state-fiscal-year-2023-24