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Opinion 2000-6
… This opinion represents the views of the Office of the State Comptroller at the time it was … bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Particular Uses (funding length of service … FIREFIGHTERS -- Service Award Program (use of foreign fire insurance taxes to fund) GENERAL MUNICIPAL LAW §§218, 219, …
https://www.osc.ny.gov/legal-opinions/opinion-2000-6New York’s Economy and Finances in the COVID-19 Era
… BLS add to the picture. Total wages in accommodation and food services fell by $3.5 billion, a drop of nearly 60 … Construction $5,551.6 ($1,872.6) -25.2% Accommodation and food services $2,427.2 ($3,525.5) -59.2% Note: Sectors shown … -8.9% Source: U.S. Bureau of Labor Statistics Insufficient Food Remains a Threat, Especially in Black and Hispanic …
https://www.osc.ny.gov/reports/covid-19-december-16-2020DiNapoli: 90 School Districts in Fiscal Stress
… The second round of scoring designated 10 school districts in “significant fiscal stress,” 27 in “moderate fiscal … (Niagara); West Seneca Central School District (Erie); Hempstead Union Free School District (Nassau); and the … with the State Education Department, as of Dec. 31, 2014. Today’s announcement does not include scores for the …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressDiNapoli: Capital Planning Problems Persist at NYRA
… in cash. In October 2011, Resorts World New York City Casino, operated by Genting New York, opened adjacent to … Under state law, a percentage of VLT revenue from the casino goes to fund education. For the period January 1, 2012 … 2014, NYRA received about $259 million in revenue from the casino, including $74 million for its capital program. During …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-capital-planning-problems-persist-nyraDiNapoli & A.G. Schneiderman Announce Arrest of Upstate Woman for Theft of over $67K in NYS Pension Benefits, $19K Welfare Fraud
… New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a five-count indictment charging Tammy Banack, a resident … said State Comptroller DiNapoli. "I thank Attorney General Schneiderman for partnering with us to find and …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-ag-schneiderman-announce-arrest-upstate-woman-theft-over-67k-nys-pension-benefits-19kState Agencies Bulletin No. 280
… Purpose To provide the agency with information and procedures regarding the processing of Vacation Exchange payments Eligible Employees … employees in Bargaining Unit 79 whose agency has elected to participate in the Vacation Exchange Program. Officers and … To provide the agency with information and procedures …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/280-vacation-exchange-paymentDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… fund retiree health insurance and other post employment benefits (OPEB). DiNapoli estimates the unfunded OPEB … employee retires, the individual is often eligible for benefits including a pension and health insurance. While … are pre-funded and invested to help pay for these future benefits, most governments, including New York state, do not …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careContact Us
… your required documentation If you’ve received a check : Cash it! The Comptroller’s office returns certain unclaimed …
https://www.osc.ny.gov/unclaimed-funds/claimants/contact-usOpinion 88-59
… OFFICERS AND EMPLOYEES -- Compensation (authority to pay village justice the salary of acting village justice); (retroactive payment); (salary increase for village justice) VILLAGE JUSTICE -- Acting Justice … Whether the village justice may be paid the salary budgeted for the …
https://www.osc.ny.gov/legal-opinions/opinion-88-59Opinion 92-47
… and investment of E911 surcharge moneys) MUNICIPAL FUNDS -- Accounting (crediting interest earned on investment … required by State or local legislation, moneys in various funds held by a municipality may be deposited in a single … Law, §9-a, relative to inter-fund advances between funds raised from different tax bases), it follows that …
https://www.osc.ny.gov/legal-opinions/opinion-92-47Comptroller DiNapoli Releases Municipal Audits
… Richfield Springs , Village of Waverly and West Hill Fire District No. 3 . “In today’s fiscal climate, budget … the court is not properly reporting unresolved traffic tickets to the Department of Motor Vehicles. Town of Norwich … increases in the real property tax levy. West Hill Fire District No. 3 – Financial Condition (Chemung County) At the …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-releases-municipal-audits-1NYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… The average bonus paid to employees in New York City’s securities … and others — enjoy similar success.” While the average bonus rose 20%, the total 2021 bonus pool for New York City securities industry workers … The average bonus paid to employees in New York Citys securities industry …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-recordXII.8.G Payment Methods – XII. Expenditures
… payment in accordance with the pay terms and Scheduled Due date or Net Due date on the voucher. Two-day ACH is the … agency can request that OSC process a one-day ACH payment when the State has a business need for a next day payment. … processes and information exchanges that increase the risk of errors and require additional resources. Wire payments are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8g-payment-methodsNew York State Comptroller DiNapoli: Wall Street Bonuses and Profits Up Slightly in 2019, but Facing Sharp Fall in 2020
… by 3 percent in 2019 to $164,100, but it is likely to fall sharply in 2020 as the coronavirus crisis strains … by 3 percent in 2019 to $164100 but it is likely to fall sharply in 2020 …
https://www.osc.ny.gov/press/releases/2020/03/new-york-state-comptroller-dinapoli-wall-street-bonuses-and-profits-slightly-2019-facing-sharp-fallNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… available to individuals with incomes up to $75,000 and married couples with incomes up to $150,000. The U.S. … will provide his analysis of the Financial Plan when it is released by DOB. Prior Editions April 16, 2021 March 30, … for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021Archived: Legislative Session 2015 –2016
… – Vetoed on December 11, 2015 - Veto Memo 303 – A.7513-B (Peoples-Stokes) / S.5713-A (DeFrancisco) – The purpose of …
https://www.osc.ny.gov/legislation/archived-legislative-session-2015-2016Debt – 2021 Financial Condition Report
… creates fixed costs that directly affect its ability to provide current services, as well as its long-term fiscal … health. High borrowing levels may: Indicate an inability to support current programs with current revenues. Force … or additional future borrowing. Limit the capacity to finance capital assets and grants. New York State Ranks …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtState Comptroller DiNapoli Releases Municipal & School Audits
… program. For example, officials did not prepare monthly cash flow forecasts to estimate funds available for …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-releases-municipal-school-auditsPublic Safety – 2022 Financial Condition Report
… Number of Crimes and Crime Rates Leveled Off in 2021 According to preliminary data, the number of crimes in seven major categories used by the State … 4.4 percent in 2021 after a 45.8 percent jump in 2020); Rape (up 10 percent after a 15.8 percent decrease in 2020); …
https://www.osc.ny.gov/reports/finance/2022-fcr/public-safetyDivision of Housing and Community Renewal: Physical and Financial Conditions at Selected Mitchell-Lama Developments in New York City
… conditions, and whether funds are properly accounted for and used for intended purposes. Our audit covered the period from … apartments, were built under the Program. In exchange for low-interest mortgage loans and real property tax … living conditions and whether funds are properly accounted for and used for intended purposes …
https://www.osc.ny.gov/state-agencies/audits/2023/06/15/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchell