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Monticello Central School District - Fund Balance Management (2020M-2)
… from 2016-17 through 2018-19, helping result in $12.1 million in appropriated fund balance not being used … fiscal years by 12.3 to 16.3 percentage points. As of June 30, 2019, the District overfunded one reserve by $820,000. … Adopt budgets that include reasonable estimates for appropriations and the amount of fund balance that will …
https://www.osc.ny.gov/local-government/audits/school-district/2020/04/10/monticello-central-school-district-fund-balance-management-2020m-2DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… DiNapoli announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund … year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said. “The strength of the domestic equity market, coupled with strong private …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionAnnual letter to Insurance Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property.
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-insurance-letter.pdfAnnual Letter to Banking Organizations
The Office of Unclaimed Funds reminds you to check for monies held by your banking institution that may be considered abandoned property.
Annual letter to Court Funds
The Office of Unclaimed Funds (OUF) reminds you to check for monies held by your company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-courts-letter.pdfAnnual letter to Utility Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-utility-letter.pdfOpinion 89-15
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … sum); Calls for assistance (responsibility for negligence of firemen and property damage) FIRE PROTECTION DISTRICTS -- … on the firefighting equipment used by the fire company all of which is owned by the company …
https://www.osc.ny.gov/legal-opinions/opinion-89-15Internal Controls Over the Governor’s Office of Storm Recovery’s Federally Funded Programs
… of fulfilling this mission, New York State developed the NY Rising Housing Recovery Programs (NY Rising), along with … several other disaster recovery initiatives, as outlined in the State of New York Action Plan for Community … to help New Yorkers who were impacted by Superstorm Sandy, Hurricane Irene, and/or Tropical Storm Lee to recover and …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/internal-controls-over-governors-office-storm-recoverys-federally-funded-programsState Agencies Bulletin No. 1287
… of the change related to the taxation of imputed income for a non-employee same-sex spouse’s health coverage and of the potential tax impact for non-residents of New York State. Affected Employees … by New York State (NYS) to be taxable as imputed income for NYS tax purposes, regardless of whether the taxpayer was …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1287-changes-taxation-imputed-incomeConnetquot Central School District - Financial Management (2019M-180)
… total fund balance by $12.3 million (20 percent) from June 30, 2017 to June 30, 2019. However, its unassigned fund … unassigned fund balance to comply with the statutory limit in a manner that benefits District taxpayers. Develop budgets that include realistic estimates for revenues, appropriations and unassigned fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/01/connetquot-central-school-district-financial-management-2019m-180Solvay Union Free School District – Payroll (2017M-257)
… Purpose of Audit The purpose of our audit was to determine whether District officials ensured the accuracy of compensation paid and benefits provided to employees for …
https://www.osc.ny.gov/local-government/audits/school-district/2018/02/02/solvay-union-free-school-district-payroll-2017m-257Employee Qualifications, Hiring, and Promotions
… hiring and promotion policies, procedures, and directives for New York City Transit (Transit), Manhattan and Bronx … movement of employees and if there are opportunities for improprieties in the hiring, promotion, or supervision of … to a Civil Service examination to establish eligibility for appointment; non-competitive titles do not require an …
https://www.osc.ny.gov/state-agencies/audits/2019/01/17/employee-qualifications-hiring-and-promotionsMember Contributions – Enhanced Reporting
… Member contributions help fund a members future retirement …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/member-contributionsNewark Central School District – Employee Benefits (2024M-40)
… payments and did not ensure an independent review of separation payment calculations was performed. Therefore, … undetected and resulted in erroneous and missed payments. Of the 41 employees we reviewed, 14 separation payments … Seven employees’ separation payments were overpaid a total of $3,770. Three other employees’ separation payments were …
https://www.osc.ny.gov/local-government/audits/school-district/2024/07/19/newark-central-school-district-employee-benefits-2024m-40Whitehall Central School District – Internal Controls Over Payroll (2013M-159)
… is located in Washington County. The District is governed by a Board of Education which comprises nine elected members. …
https://www.osc.ny.gov/local-government/audits/school-district/2013/08/16/whitehall-central-school-district-internal-controls-over-payroll-2013mComptroller DiNapoli and AG Schneiderman Announce Conviction in $130,000 Pension Theft
… New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the … where you live and make sure you pay it back. I thank Attorney General Schneiderman for his prosecution of this … piggy bank for those looking to scam the system,” said Attorney General Schneiderman. “I will continue to work with …
https://www.osc.ny.gov/press/releases/2016/10/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-130000-pension-theftU. S. Steel and DiNapoli Agree on Enhanced Disclosure of Corporate Political Contributions
… New York State Comptroller Thomas P. DiNapoli today announced … that United States Steel Corporation has agreed to the New York State Common Retirement Fund’s request that it … New York State Comptroller Thomas P DiNapoli today announced … that United States Steel Corporation has agreed to the New York State Common Retirement Funds request that it …
https://www.osc.ny.gov/press/releases/2015/03/u-s-steel-and-dinapoli-agree-enhanced-disclosure-corporate-political-contributionsSocial Media Use Policy
… users on our social media sites are those of the users and do not necessarily reflect OSC views or opinions. Comments … agree not to post any content that contains: Comments that do not contribute to the topic of conversation. Information … users on our social media sites are those of the users and do not necessarily reflect the views or opinions of the Office …
https://www.osc.ny.gov/help/social-media-use-policyDue Diligence for Companies Holding Abandoned Funds
… See the additional notification requirements section for more information. How to meet due diligence requirements 90 days before your final report is due Send a notice by first class mail to every person or business with a valid address …
https://www.osc.ny.gov/unclaimed-funds/reporters/due-diligence-companies-holding-abandoned-fundsDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… them.” The city projects budget gaps of $1.5 billion in FY 2017 and $1.9 billion in FY 2018, which are smaller than projected one year ago. … which could be used to help close the budget gaps. In FY 2015, tax collections reached a record $51.7 billion, …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growth