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DiNapoli: Wall Street Bonuses Rose Sharply in 2009
… Wall Street bonuses paid to New York City securities industry employees rose by 17 percent to $20.3 billion in 2009, according to an estimate released … firms reportedly paid a larger share of bonuses in the form of deferred compensation than in the past. Click here …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009New York State Comptroller Thomas P. DiNapoli Statement on Fitch Ratings' Upgrade of NYS General Obligation Bonds
… financial condition in years, and today's upgrade by Fitch Ratings, following a similar upgrade by Moody’s Investors Service, is the latest … in years and todays upgrade by Fitch Ratings following a similar upgrade by Moodys Investors Service is the latest …
https://www.osc.ny.gov/press/releases/2014/06/new-york-state-comptroller-thomas-p-dinapoli-statement-fitch-ratings-upgrade-nys-general-obligationDiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… local officials continue to monitor economic factors that impact overall sales tax revenues." New York City’s … in October, and will be the first to reflect the sales tax impact of the gas tax holiday on a county-by-county basis. …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyLocal Sales Tax Collections up 10.2% in Third Quarter of 2022
… the third quarter of 2022 compared to the same period last year, mostly driven by double digit growth in New York City. … P. DiNapoli. This is the second straight quarter that year-over-year growth did not keep pace with inflation for … York City’s third quarter collections this year grew by 16.8% to $2.4 billion. Several of the city’s major service …
https://www.osc.ny.gov/press/releases/2022/10/local-sales-tax-collections-up-10-point-2-percent-in-third-quarter-2022DiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
… billion, up $43.5 million compared to the same time last year. “Local sales tax collections in October experienced … between 2% and 4%. A return to relatively consistent year-over-year growth in sales tax collections, as was seen in the …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-local-sales-tax-collections-2-point-5-percent-october-compared-last-yearXI.11.C Banking Services Contracts – XI. Procurement and Contract Management
… Section 106 of the State Finance Law requires that moneys received by a … See Chapter XIV, Section 4.B - Establishment and Closing of Bank Accounts for information on controls and special procedures for the establishment and closing of agency bank accounts. This statute also requires all such …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11c-banking-services-contractsDiNapoli: Halfway Through the Year, Revenue Hole Persists
… process in early November will provide a clearer picture for policymakers as they prepare to address our budget … That drop of 5.4 percent was the lowest monthly decline for sales tax since the fiscal year began in April. However, … from the same period a year earlier. Among the reasons for the increase is the $5.1 billion the state has received …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persistsOpinion 94-5
… of the town, it does not, in our view, provide authority for the publication of articles by individual members of a …
https://www.osc.ny.gov/legal-opinions/opinion-94-5GASB Statement 87, Leases
… periods are favorable compared with current market rates. Contract-based factors, such as significant economic … on an Index or Rate: payments are based on set common rates or an index, such as the Consumer Price Index. Example …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesDepartment of Transportation Bulletin No. DOT-32
… Purpose To provide the Department of Transportation instructions for processing … 06/13/18. Payment will be made in a separate check. There is no direct deposit for this payment. Eligibility Criteria … Tax Information The 2018 Call-Out Response Payment (COB) is supplemental taxable income, will be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-32-2018-call-out-response-payment-fiscal-year-2017-2018NY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), is asking fellow investors in Wynn Resorts to vote their … spent on political agendas that are not in the company's best interest." Currently, Wynn Resorts does not …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-calls-wynn-resorts-disclose-all-political-spendingII.3.D Evaluation – II. New York State Financial Accounting
… year, the State Comptroller and DOB monitor the flow of revenue and the pattern of expenditures against financial plan projections. The State … and to the Chairs of the Senate Finance and the Assembly Ways and Means committees within thirty days of the close of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii3d-evaluationState Comptroller DiNapoli Releases Municipal & School Audits
… limited in their ability to set long-term priorities. As a result, BOCES officials did not transparently fund capital … appropriations from fiscal years 2019-20 through 2021-22 by an average of $1.1 million or 7%. In addition, … of these accounts should have been disabled in February 2021 when the district updated their network access …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits-1Opinion 96-3
… trustee would have a prohibited interest in a contract for environmental review and planning services between the … §§1-102, 4-412, 5-524). Article 18 contains no exception for contracts let pursuant to competitive bidding or, in the … state officers and employees). There also is no exception for contracts, the cost of which is recouped by the …
https://www.osc.ny.gov/legal-opinions/opinion-96-3State Comptroller DiNapoli Releases Municipal Audits
… of Thurman , Wading River Fire District , Warren County and the West Albany Fire District. "In today's fiscal climate, budget transparency and accountability for our local communities is a top … priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the …
https://www.osc.ny.gov/press/releases/2017/04/state-comptroller-dinapoli-releases-municipal-auditsPayroll Improvement Project Bulletin No. PIP-015
… that must be used after Go Live. Affected Employees Any employee who completes an AC 2772 processed after February 9, … conversion to v 9.2. For employees with multiple jobs, all payroll deposits will be made according to the single Direct … the AC 2772 holds two or more jobs with New York State. If they hold multiple jobs and do not have a selection …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-015-direct-deposit-updated-business-process-and-ac-2772State Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of Champlain Joint Youth Program , Town of Colden , City of … fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. "By … systems. There is no formal process for staying current on system cybersecurity threats. Water and wastewater …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-audits-1State Comptroller DiNapoli Releases Municipal Audits
… and determined that none of the claims were audited by the board. In addition, one vendor was overpaid $36,905 for snow plowing … accounting records and did not properly assess $4,330 in penalties on unpaid customer accounts. The board did not …
https://www.osc.ny.gov/press/releases/2024/06/state-comptroller-dinapoli-releases-municipal-auditsSelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… Objective To assess the extent of implementation of the five recommendations included in our initial audit report, Selected State Agencies’ Roles … financial literacy offerings. We also sought to determine what data these agencies use to evaluate and improve …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followState Agencies Bulletin No. 2276
… Purpose: The purpose of this bulletin is to explain why the Retirement Plan checkbox in Box 13 of Form W-2 must be … Retirement Plan checkbox in Box 13 be checked for every employee who is either: Covered* by an employer provided … hourly, and seasonal, provide eligibility for retirement system membership. Therefore, most State of New York …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2276-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2024