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State Contract and Payment Actions in February

… In February, the Office of the State Comptroller (OSC) approved 1,407 contracts for … . The Governor’s Executive Order 202 suspended Office of the State Comptroller’s review and approval of contracts related to the COVID-19 crisis until April 25, … In February the Office of the State Comptroller OSC approved 1407 contracts for …

https://www.osc.ny.gov/press/releases/2021/03/state-contract-and-payment-actions-february

Akron Man Pleads Guilty to Stealing FEMA Grant Funding Intended for Education Expenses

… pleaded before U.S. District Judge Elizabeth A. Wolford to theft of government money. The charge carries a maximum … at the Bank of Akron, $18,000 of grant funds intended to be used for educational expenses for his children. The … June 9, 2015, Lobur provided $15,000 of the grant funds to his children, but also converted more than $1,000 of the …

https://www.osc.ny.gov/press/releases/2019/07/akron-man-pleads-guilty-stealing-fema-grant-funding-intended-education-expenses

DiNapoli Announces Elliott Auerbach to Oversee Local Government Division

… Auerbach as deputy comptroller for the Division of Local Government and School Accountability. Auerbach will head the … Auerbach as deputy comptroller for the Division of Local Government and School Accountability …

https://www.osc.ny.gov/press/releases/2019/05/dinapoli-announces-elliott-auerbach-oversee-local-government-division

Graded Rates – Contribution Stabilization Program

… The increase or decrease in the Retirement System graded rates depends on the gap between the System average rate and the previous … How graded rates for the NYSLRS Contribution Stabilization Program change …

https://www.osc.ny.gov/retirement/employers/csp/graded-rates

DiNapoli: Remember to Read Fine Print on Gift Cards This Holiday Season

… is urging New Yorkers to read the fine print on gift cards this holiday season for details about fees and … gift card. DiNapoli said New Yorkers should use their gift cards within a year of purchase to avoid inactivity fees and register cards with the retailers. By registering their cards, owners …

https://www.osc.ny.gov/press/releases/2018/11/dinapoli-remember-read-fine-print-gift-cards-holiday-season

DiNapoli: SUNY Downstate Failed to Get Its Money's Worth From Cost-Cutting Consultant

… paid a consultant $34 million for a plan to help the hospital out of financial trouble, but a report released … paid a consultant $34 million for a plan to help the hospital out of financial trouble but a report released today …

https://www.osc.ny.gov/press/releases/2018/02/dinapoli-suny-downstate-failed-get-its-moneys-worth-cost-cutting-consultant

Audit Recommends Improvements to NFTA Capital Planning

… has not established a consistent documented system for ranking its capital assets by importance, nor a schedule of …

https://www.osc.ny.gov/press/releases/2016/04/audit-recommends-improvements-nfta-capital-planning

Area #4 – Contracts and Service Level Agreements for IT Services – Information Technology Governance

… what format it will be returned and/or whether, when and how it will be destroyed). How shared PII will be protected … quality of those services. Such vaguely worded agreements can, among other things, contribute to confusion over who has … responsibility for various aspects of the IT environment (i.e., the local government/school or service provider), which …

https://www.osc.ny.gov/local-government/publications/it-governance/area-4-contracts-and-service-level-agreements-it-services

Retirement Option Election Form For Tier 1 Members Designating Multiple Beneficiaries (RS6268-A)

For NYSLRS Tier 1 members to elect an option for how they want their monthly benefit paid at retirement and to designate multiple beneficiaries.

https://www.osc.ny.gov/files/retirement/forms/pdf/rs6268-a.pdf

Retirement Option Election Form for Tier 2 Members Designating Multiple Beneficiaries (RS6352-A)

For NYSLRS Tier 2 members to elect an option for how they want their monthly benefit paid at retirement and to designate multiple beneficiaries.

https://www.osc.ny.gov/files/retirement/forms/pdf/rs6352-a.pdf

DiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety

… corporate retailers Macy's and Ross Stores have agreed to shareholder proposals filed by the New York State Common Retirement Fund (Fund) that asked the companies to report on how they monitor their overseas apparel suppliers and subcontractors in an effort to protect human and workplace standards. "Human rights and …

https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safety

DiNapoli: Probation Departments Failing to Get Restitution Payments to Victims

… for years, according to a review of more than 340 cases at 13 county probation departments released today by … 13 departments reviewed had a total of 3,851 restitution cases with probation supervision during the audit period of Jan. 1, 2018 to June 30, 2019. Auditors reviewed 343 cases with ordered restitution totaling $2.8 million in …

https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victims

DiNapoli: Financial Viability of OTBs in Jeopardy

… New York’s Off-Track Betting (OTB) corporations are at risk of financial insolvency due to the impact of major revenue decreases and escalating costs, according to … $1.2 billion, or 24 percent, during the five-year period of 2009-2013 compared to the previous five-year period. …

https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardy

XII.5.K Federally Reportable Payments – XII. Expenditures

… payments made to vendors and payees. Business Units play a vital role in helping New York State comply with these IRS requirements by ensuring payments are properly reported. DETERMINING THE … with the Internal Revenue Service (IRS). Business Units play a vital role in helping New York State comply with these …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5k-federally-reportable-payments

IV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions

… OTB Tickets Uncashed winning tickets. 31023 Unclaimed Lottery Tickets Uncashed winning tickets. 31041 Uncashed … corporation to a for-profit corporation status. 32405 Lottery Tickets Lottery games ticket sales. 32406 Video Lottery Receipts …

https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receipts

State Comptroller DiNapoli Releases Municipal Audits

… New York State Comptroller Thomas P. DiNapoli today announced … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data … New York State Comptroller Thomas P DiNapoli today announced …

https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-municipal-audits

Responsibility for IT Internal Controls – Information Technology Governance

… and monitoring IT internal controls. An important way that governing boards fulfill their oversight … board’s questions might be directed to the CEO, IT manager, department head(s) or an IT vendor. Asking the right questions is not only an effective way to exercise oversight, it can be done at little or no …

https://www.osc.ny.gov/local-government/publications/it-governance/responsibility-it-internal-controls

Preparing and Applying for Retirement

… Retirement is a big step, and we want to make sure you’re ready when the … NYSLRS; or Served in the U.S. Armed Forces and received an honorable discharge from active military duty. Or you may … upload documents while applying or after submitting your application. And if you need to update your application, you …

https://www.osc.ny.gov/retirement/members/preparing-and-applying-for-retirement