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XVI.3.B Fund Accounting – XVI. Financial Reporting
… Policy References: GASB Codification Section 1300 – Fund Accounting Process and Document Preparation: New York State has three broad fund … financial administration. The fund categories and related fund types are listed below and are discussed in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingState Comptroller DiNapoli Releases School Audits
… districts annually spend approximately $60 billion in federal, state and local funds. For additional background or … 2014-15 fiscal years, the district also increased the tax levy by more than 13 percent and appropriated fund …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-auditsNew York’s Agriculture Industry: A Resilient Part of State and Local Economies
… throughout New York State. According to the U.S. Bureau of Economic Analysis, in 2021, agriculture in New York … close to $1 billion in wages according to the U.S. Bureau of Labor Statistics. Farming is especially important to the economies of New York’s rural areas. The COVID-19 pandemic and economic …
https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economiesState Comptroller DiNapoli Releases School Audits
… . State Comptroller DiNapoli has made it a priority to audit school district, BOCES and charter school finances … of reserve funds based on the district’s projected needs. As of June 30, 2015, the district’s reserve funds … points. Furthermore, the balance in the retirement contribution reserve was $1.7 million as of June 30, 2015, …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-school-auditsState Agencies Bulletin No. 1025
… with advance notice of their participation in the direct mailing program. Failure to provide this notice prior to the direct mailing of the direct deposit advice may result in a … Agencies must inform employees that the agency will begin mailing direct deposit advices to their homes. Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1025-direct-mailing-direct-deposit-advice-statementsNew York’s Economy and Finances in the COVID-19 Era
… more sharply—in April, with a combined loss of more than 1.9 million jobs. After five months of partial employment … $180 million, but anticipates savings starting in 2022-23, reflecting a decline in unemployment and the projected … 13,114 844 6.9% Broome 56,422 4,554 8.8% Cattaraugus 23,007 1,621 7.6% Cayuga 21,047 1,692 8.7% Chautauqua 40,382 …
https://www.osc.ny.gov/reports/covid-19-november-12-2020Opinion 95-24
… mandatory reserve fund in two situations: first, upon the cash sale of a capital improvement where there are …
https://www.osc.ny.gov/legal-opinions/opinion-95-24Opinion 99-14
… for any lawful use (see, e.g., Ross v Wilson , 308 NY 605; Orelli v Ambro , 41 NY2d 952, 394 NYS2d 636; Matter …
https://www.osc.ny.gov/legal-opinions/opinion-99-14Opinion 90-11
… the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent … Fair Labor Standards Act (FLSA) did not apply to state and local governments ( National League of Cities v Usery , 426 … and held that the FLSA applies generally to state and local governments. Therefore, because of the doctrine of …
https://www.osc.ny.gov/legal-opinions/opinion-90-11XVI.4.B Tax Revenues – XVI. Financial Reporting
… Derived tax revenues result from the taxes imposed by the State on exchange transactions. An exchange transaction … resulting in derived tax revenues includes personal income taxes and certain consumption and use taxes and fees, … to all calendar years preceding the current one). Estimated Payments - Monies remitted by self-employed …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4b-tax-revenuesOpinion 92-15
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-92-15New York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… pandemic hit New York, for weeks ending in late February and early March 2020, statewide UI claims averaged around … self-employment or certain other reasons. (Due to the PUA and other factors, the numbers of workers claiming … of benefits for the first six weeks shown in the graph and continued to fund the largest numbers of claims into …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021XVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting
… 1, 2024: * For a listing of funds under the Budgetary (or “cash”) basis, see section XV.15 of the GFO, Fund …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafrIV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions
… Pursuant to §98 of the State Finance Law, the State Comptroller shall invest and … custody) Accounts Interest earned on agency bank accounts approved by the State Comptroller’s Office (e.g. money … of local tax collections). 32203 Fringe Benefit /Indirect Cost (FBIC) Allocations Receipts from FBIC …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receiptsDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… analysis noted that federal funds are being used to pay for operating expenses typically covered by the General … next two fiscal years: $3 billion each in SFYs 2021-22 and 2022-23. The budget would be deemed “unbalanced” if less than … stimulus funds, which can be used through Sept. 30, 2023. The budget proposes to eliminate Aid and Incentives for …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetOpinion 2005-3
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-2005-3Opinion 88-46
… basis, including the levying of taxes or assessments to pay such costs on the entire area of the corporation or …
https://www.osc.ny.gov/legal-opinions/opinion-88-46Opinion 2000-10
… the county had been executed ensuring repayments of both money and other assets provided by the State. We believe the …
https://www.osc.ny.gov/legal-opinions/opinion-2000-10Opinion 2006-7
… to replace vehicles and the service provider’s need for new and different or additional equipment (1980 Opns St Comp …
https://www.osc.ny.gov/legal-opinions/opinion-2006-7Identifying Fiscal Cliffs in New York City’s Financial Plan
… being updated. Please review our latest NYC Financial Plan Review reports for more information on fiscal cliffs. … 90 percent of the City’s planned expenses (as of the FY 2025 Adopted Budget). The tool includes both City and federal … which result from the use of pandemic relief dollars to pay for recurring services. The federal cliffs are of …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-plan