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Submitting Payments for NYSLRS Members – Enhanced Reporting
… the funds electronically through the automated clearing house (ACH) system. Rather than sending a check, using ACH … can be sent to NYSLRS through the automated clearing house system …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/submitting-payments-nyslrs-membersDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… State tax receipts through the first two months of State Fiscal Year (SFY) 2021-22 were $4 billion higher than … Enacted Budget Financial Plan, according to the monthly State Cash Report released by New York State Comptroller … State tax receipts through the first two months of State …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsNYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees
… to trick recipients into making a payment for “an upgrade” in exchange for reduced taxes, additional money added to … Retirement Fund is the third largest public pension fund in the United States with estimated assets of $254.8 billion … ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends March 31. …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-beware-text-message-scam-targeting-retireesTown of Sodus – Financial Management and Professional Services (2013M-99)
… which led to the accumulation of significant surplus funds. The Board did not have a long-term plan for … Town officials or employees who receive or disburse Town funds. Consider amending the Town’s procurement policy to …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-sodus-financial-management-and-professional-services-2013m-99Bolivar-Richburg Central School District – Internal Controls Over Selected Financial Operations (2013M-92)
… to maintain over $5.8 million in reserves. In addition, extra classroom activity moneys were not maintained in accordance with District policy and Regulations. Extra classroom activity moneys were not maintained in … and the excess amounts in reserve funds in a manner that benefits District taxpayers. Ensure that activity funds are …
https://www.osc.ny.gov/local-government/audits/school-district/2013/07/26/bolivar-richburg-central-school-district-internal-controls-over-selectedVillage of Smyrna – Clerk-Treasurer’s Duties (2013M-114)
… 1, 2011, to February 6, 2013. Background The Village of Smyrna is located in the Town of Smyrna in Chenango County. The Board of Trustees comprises … Village of Smyrna ClerkTreasurers Duties 2013M114 …
https://www.osc.ny.gov/local-government/audits/village/2013/07/19/village-smyrna-clerk-treasurers-duties-2013m-114Town of Edwards – Internal Controls Over Selected Financial Operations (2013M-20)
… Purpose of Audit The purpose of our audit was to assess the Town’s financial condition and internal … taken over the services the Village previously provided to its residents. The Town Board, which is composed of five … appropriations are available before funds are expended. Do not permit any fund or appropriation account to be …
https://www.osc.ny.gov/local-government/audits/town/2013/04/12/town-edwards-internal-controls-over-selected-financial-operations-2013m-20State Comptroller DiNapoli Releases Municipal Audits
… (Franklin County) Inadequate budgetary practices resulted in the highway fund balance declining from $58,241 on January … overspent three consecutive years (2017-2019), resulting in operating deficits. Auditors determined that the board … a policy to maintain a reasonable level of fund balance. In addition, the board has not adopted a long-term financial …
https://www.osc.ny.gov/press/releases/2020/05/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases School District Audits
… project costs. Medina Central School District – Reserve Funds (Genesee County) Auditors determined that district … officials have not performed an analysis of reserve funds as the district’s reserve policy requires. As a result, …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-school-district-audits-0Emerging Manager Program
… Our program has also compiled an Emerging Manager Definition and Life Cycle to assist in consistent screening, … strategies, the Fund can continue to meet its pension obligations in the future. Diversify the investment …
https://www.osc.ny.gov/common-retirement-fund/emerging-managerCredit & OARS
… managers on behalf of the Fund The partners source perform due diligence and recommend managers …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/credit-and-oarsVictor Central School District - Financial Management (2019M-62)
… warnings from its external auditor that the school food service surplus fund balance was excessive. Overfunded … operations. Develop a plan to continue reducing the school food service fund balance to a reasonable level. Review and …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/victor-central-school-district-financial-management-2019m-62IX.12 Overview – IX. Federal Grants
… efficiency, effectiveness, and equity in the exchange of funds between the Federal Government and states. More …
https://www.osc.ny.gov/state-agencies/chapter-ix/ix12-overviewDirect Deposit Program
… the Electronic Funds Transfer Direct Deposit Enrollment Application (RS6370) and have your joint account holder sign the form. It’s best to do this in advance so you can upload the … an Electronic Funds Transfer Direct Deposit Enrollment Application (RS6370) and submitting it using our secure …
https://www.osc.ny.gov/retirement/retirees/direct-deposit-programDiNapoli: State Financial Condition Improving
… condition continues to improve and the state has built on its reserves, but the 2015-16 Enacted State Budget contains broad statutory authority on some spending, according to an analysis released today by … “The Governor and the Legislature deserve credit for that. On the positive side, a timely budget was enacted and …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-state-financial-condition-improvingComptroller DiNapoli, Manhattan D.A. Bragg Announce Guilty Plea of Former NYU Director of Finance for Major Fraud
… approximately $3.5 million intended for minority and women owned businesses. She ultimately routed $3.3 million to … multilingual students, but denied our city’s minority and women owned business enterprises a chance to fairly compete … Instead, she falsely stated that NYU had “developed good working relationships with these companies,” and that she had …
https://www.osc.ny.gov/press/releases/2024/02/comptroller-dinapoli-manhattan-da-bragg-announce-guilty-plea-former-nyu-director-finance-major-fraudHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program
… Objectives To determine whether Homes and Community Renewal (HCR) has established and maintains adequate internal controls to oversee and monitor the federally funded Section 8 Housing Choice … To determine whether Homes and Community Renewal HCR has established and maintains …
https://www.osc.ny.gov/state-agencies/audits/2023/03/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingDiNapoli: MTA Financial Outlook in Precarious Balance
… DiNapoli said. “It has so far survived the worst crisis in its history by covering budgets with massive federal aid. … needs to address before emergency federal funds dry up in 2025. After that, the MTA faces enormous budget shortfalls … DiNapoli’s report estimates if workers telecommute 1.5 days a week on average next year, revenue could be $300 …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-mta-financial-outlook-precarious-balanceDiNapoli, Erie County DA Keane and Erie County Sheriff Garcia Announce Former Deputy Clerk Sentenced for Stealing More Than $320,000
… Former Deputy Erie County Clerk Alexander McDougall was sentenced today to 1 1/3 to 4 years in state … will be caught and punished,” DiNapoli said. “Alexander McDougall abused his authority and diverted funds meant to … their partnership in bringing him to justice.” In August, McDougall pleaded guilty to felony counts of grand larceny …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-erie-county-da-keane-and-erie-county-sheriff-garcia-announce-former-deputy-clerk-sentencedIX.12.R Major Federal Programs Subject to CMIA Agreement – IX. Federal Grants
… changes to a program’s funding technique, changes in check clearance patterns, and the addition of a program to the TSA …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12r-major-federal-programs-subject-cmia-agreement-sfy-2019-20