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New York’s Economy and Finances in the COVID-19 Era (February 18, 2021)
… state UI program is funded by employer contributions. When funds from those contributions are depleted, states may draw …
https://www.osc.ny.gov/reports/impact-covid-19-february-18-2021Opinion 91-25
… §207-c relating to police officers), that is, the fixed cash compensation periodically paid for regular work or … firefighters do not have to work at all and payment of the cash value of fringe benefits would unfairly discriminate …
https://www.osc.ny.gov/legal-opinions/opinion-91-25Office of Operations: 2024 Virtual Fall Conference
… Guide and Federal Grant Request Guide Walkthrough and Moving Expenditures Charged Prior to Conversion to a PCIP … and Federal Grant Customer Contract and an overview of moving expenditures charged prior to conversion to a PCIP …
https://www.osc.ny.gov/state-agencies/outreach/office-operations-2024-virtual-fall-conferenceNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… City's economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, … The city's most recent four-year financial plan, released in June, projects a surplus of nearly $4.6 billion in FY …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: MTA Financial Outlook Improved
… should look for ways to minimize future increases.” The average subway fare rose by 45 percent between 2007 and 2015, … through 2020. The MTA projects a year-end cash balance of $200 million in 2016 (two-thirds higher than previously … or taxpayers. The MTA is funding 40 percent of the cost of the capital program ($11.8 billion), including $8.2 …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedComptroller DiNapoli and A.G. Underwood Announce Guilty Plea of Queens Pharmacy Owner for $1.5 Million Medicaid Fraud Scheme
… QUEENS – State Comptroller Thomas P. DiNapoli and Attorney General … State Comptroller, Division of Investigations, 14th Floor, 110 State St., Albany, NY 12236. … State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2018/06/comptroller-dinapoli-and-ag-underwood-announce-guilty-plea-queens-pharmacy-owner-15-million-medicaidDiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… While about one-third of this was replaced with borrowed funds, $507.2 million, or nearly 15 percent of total … the state's Real Estate Transfer Tax (RETT); a portion of unclaimed bottle and can deposits; certain penalties … over deposit initiators' management and repayment of unclaimed container deposits. The shortcomings in the …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… are not included. The Comptroller's estimate is based on personal income tax trends and includes cash bonuses for … bonus for 2016 grew by an estimated 15 percent based on the latest payroll data from the New York State Department … to securities business, which includes fees from advising on mergers and acquisitions. Trading revenue, which accounted …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017State Comptroller DiNapoli Releases Municipal & School Audits
… were applied consistently, and meters were accounted for. In addition, the water clerk inaccurately re-levied all 25 … Specifically: 27, purchased for $33,349, were not recorded in the capital asset records; 13, purchased for $22,099, were … $59,571, were recorded without a model or serial number. In addition, a wheel balancer and a portable video magnifier …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-audits-1Opinion 92-42
… is no requirement in section 64(2) that the town pay only cash consideration under a lease ( cf . Clintwood Associates …
https://www.osc.ny.gov/legal-opinions/opinion-92-42State 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
… the Village of Addison in Steuben County has been arrested for allegedly stealing more than $1.1 million in village … Comptroller DiNapoli’s auditors picked up on some red flags village auditors missed, triggered an investigation and …
https://www.osc.ny.gov/press/releases/2023/11/state-comptroller-dinapoli-steuben-county-district-attorney-baker-and-new-york-state-police-announceDiNapoli: Former Long Island School Official Pleads Guilty in Kickback Scheme
… pleaded guilty on October 27, 2022 to the same offense and is awaiting sentencing. Today’s proceeding was held before … individuals who sought to profit from the SBP through illegal schemes. The USDA Office of Inspector General will … payroll deposits and other payments. To conceal the illegal nature of the arrangement, those payments were …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-former-long-island-school-official-pleads-guilty-kickback-schemeWall Street Profits Up in 2016
… industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in … $17.3 billion in 2016, the highest level in four years. This is an increase of 21 percent over the $14.3 billion in … from prior years that have been cashed in. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016XI.11.C Banking Services Contracts – XI. Procurement and Contract Management
… Closing of Bank Accounts for information on controls and special procedures for the establishment and closing of … for banking services; (iii) describe the methods of payment for services provided under banking services … stop payment services; and (vii) reconciliation services. Direct Fee -- The method by which the State compensates …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11c-banking-services-contractsDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… changes in state and local law enabling the use of these funds, called on the city to define how these resources are accumulated and used. “Setting aside funds for unexpected events and ensuring they are available … necessitates the need for clear policies for how the funds are deposited and spent. The next administration and …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundForms for State Agencies and Employees
… Form # Form Name and Resources Format Accounting AC 22‑S Journal … AC 3286‑A Federal Grant Amendment Information for SFS Fillable PDF AC 3286‑P Federal Grant Pre-Award Information for SFS Fillable PDF AC 3312‑S AR Deposit Form Excel AC 3329‑S Cash …
https://www.osc.ny.gov/state-agencies/formsDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… villages, which predominantly have a fiscal year ending on May 31, based on self-reported data for 2023. The scores also cover 17 … and Yonkers, each of which have fiscal years ending on June 30. Red Flags Raised About Local Governments Not …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesComptroller DiNapoli and Attorney General Underwood Announce Sentencing of Queens Pharmacy Owner for Stealing More than $1.5 Million from Medicaid
… and Bureau Chief Brent Meltzer of the Attorney General’s Real Estate Finance Bureau. The criminal case was prosecuted … Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2018/07/comptroller-dinapoli-and-attorney-general-underwood-announce-sentencing-queens-pharmacy-ownerDivision of Housing and Community Renewal – Physical and Financial Conditions at Selected Mitchell-Lama Developments Located Outside New York City
… of Mitchell-Lama developments, supervised by Homes and Community Renewal’s (HCR) Division of Housing and … responsible for managing the developments. Pursuant to New York Codes, Rules and Regulations (Regulations), when they do …
https://www.osc.ny.gov/state-agencies/audits/2023/12/08/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellOpinion 90-3
… or statutory amendments that bear on the issues discussed in the opinion. SALES TAX -- Distribution (method of … §1262(d),(f); REAL PROPERTY TAX LAW, §§840(1), 844(1): In the absence of a special act requiring otherwise, the … the assessed value for county purposes of the property in the village as listed on the town assessment roll by the …
https://www.osc.ny.gov/legal-opinions/opinion-90-3