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New York’s Economy and Finances in the COVID-19 Era
… for Unemployment Insurance totaled $32.1 billion from March 1 through July 17, with steep increases in … formation activity, fell in New York by 16.8 percent from the first quarter to the second quarter of 2020, … of New Yorkers are experiencing symptoms of anxiety or depression during the COVID-19 pandemic, according to …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… were working at home before the pandemic. At least some if not most of these individuals likely continue to work at …
https://www.osc.ny.gov/reports/covid-19-august-19-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … activity outlined below, continue to support the case for significant additional federal aid in response to the … industries, at 38.1 percent. Five industries accounted for over half of the decline in the State’s overall economic …
https://www.osc.ny.gov/reports/covid-19-october-14-2020Village of Sackets Harbor – Budgeting and Financial Management (2020M-28)
… report - pdf ] Audit Objective Determine whether the Board and Village officials developed realistic budgets and long-term financial plans. Key Findings The Board and Village officials did not develop realistic budgets. From …
https://www.osc.ny.gov/local-government/audits/village/2020/07/02/village-sackets-harbor-budgeting-and-financial-management-2020m-28Town of Ogden – Financial Management and Justice Court (2014M-234)
… by an elected Town Board, which consists of the Town Supervisor and four Board members. The Town’s 2014 budgeted … the amount of unexpended surplus funds to maintain. The Supervisor did not provide the Board with required monthly … of unexpended surplus funds to maintain. Ensure that the Supervisor provides all Board members with accurate and …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/10/31/town-ogden-financial-management-and-justice-court-2014m-234Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… the 2 percent property tax increase limit under the new tax cap law, thereby allowing the Town’s 2013 budget to …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231Retroactive Service Credit due to Litigation, Settlements, and Arbitration Awards – Legacy Reporting
… salary. If you would like legal documents intended to grant retroactive service credit reviewed, contact OSC’s Legal Department at 518-473-5880. 1 To adjust a member’s salary or days worked due to litigation, settlement or arbitration award, follow the …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/retroactive-service-creditNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New … benefits, while the Pandemic Emergency Unemployment Compensation (PEUC) and the Federal Pandemic Unemployment … 600,000 in the longstanding state-federal unemployment insurance program, and 537,000 receiving PEUC. The flow of …
https://www.osc.ny.gov/reports/covid-19-october-28-2020Tupper Lake Central School District – Records and Reports (2021M-14)
… in project expenditures were not submitted for timely reimbursement. Submit the 2016-17 through 2019-20 ST-3 annual financial reports (AFRs), State aid claim forms and independent audit reports in a timely manner, delaying scheduled State aid payments ranging from $49,607 to $345,221. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/25/tupper-lake-central-school-district-records-and-reports-2021m-14Theresa Fire District – Board Oversight and Financial Management (2021M-60)
… to ensure that financial activities were properly recorded and reported and whether they properly managed fund balance. Key Findings … to ensure that financial activities were properly recorded and reported and did not properly manage fund balance. The …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Town of Deerfield – Financial Management and Fuel Inventory (2012M-253)
… of our audit was to assess the Town's financial management and fuel inventory records for the period January 1, 2011, to … The Town of Deerfield is located in Oneida County and has a population of 4,273 residents. An elected … five-member Town Board which comprises the Town Supervisor and four Board members governs the Town. The Town's budgeted …
https://www.osc.ny.gov/local-government/audits/town/2013/03/15/town-deerfield-financial-management-and-fuel-inventory-2012m-253Recent Trends and Impact of COVID-19 in the Bronx
… 2,253,858 5.8% -4.4% Staten Island 476,143 8.1% -0.7% NYC 8,336,817 7.7% -3.3% Borough Immigrant Population 2019 … 1,072,916 8.5% -3.8% Staten Island 111,846 57.5% -2.3% NYC 3,021,083 11.3% -5.4% Sources: U.S. Census Bureau, … devices to all families who requested them in the fall of 2020. However, attendance rates in the Bronx …
https://www.osc.ny.gov/reports/osdc/recent-trends-and-impact-covid-19-bronxCollection and Use of the Motor Vehicle Law Enforcement Fee
… Services (Department) has collected, accounted for and distributed all Fee revenue due to the State and whether the Division of Criminal Justice Services (Division) and the Division of State Police (State Police) have ensured …
https://www.osc.ny.gov/state-agencies/audits/2013/07/12/collection-and-use-motor-vehicle-law-enforcement-feeVillage of Dresden – Clerk-Treasurer’s Duties and Multiyear Financial Planning (2013M-3)
… Dresden is located in the Town of Torrey, in Yates County, and has a population of 308. The Village is governed by an … comprises a Mayor, who is the chief executive officer, and two Trustees. Budgeted appropriations for the 2012-13 fiscal year were $287,914 for the general fund and $140,900 for the water fund. Key Findings The Board did …
https://www.osc.ny.gov/local-government/audits/village/2013/04/26/village-dresden-clerk-treasurers-duties-and-multiyear-financial-planning-2013m-3Division of Housing and Community Renewal Bulletin No. DH-113
… Department ID and ‘LLS Correction Sheet’ in the Subject line. OSC Actions – Automatic Processing OSC will process the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-113-april-2021-district-council-37-dc-37-rent-regulationDelhi Joint Fire District – Cash Receipts and Disbursements (2020M-142)
… maintained and the Treasurer’s records are not reconciled to ensure that all receipts were deposited. $4,700 in fees … Recommendations Require someone other than the Treasurer to maintain a receipt log to verify that money collected has been deposited. Document …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/02/19/delhi-joint-fire-district-cash-receipts-and-disbursements-2020m-142Hadley-Luzerne Joint Youth Commission – Governance and Cash Receipts (2016M-262)
… in a timely manner. Key Recommendations The towns' boards should enter into a formal written agreement that outlines … towns. The towns' boards and the Board of Commissioners should approve the Commission's annual budgets and all …
https://www.osc.ny.gov/local-government/audits/joint-activity/2016/12/30/hadley-luzerne-joint-youth-commission-governance-and-cash-receipts-2016mNew York’s Economy and Finances in the COVID-19 Era
… 2.8 million adult New Yorkers found it “very difficult” to pay normal household expenses in mid-December, the highest …
https://www.osc.ny.gov/reports/covid-19-january-21-2021Town of Delhi – Pool Project Donations and Disbursements (2020M-105)
… properly manage pool project donations or disbursements. For example, the Board: Improperly allowed the West Branch … Inappropriately used Town funds to pay at least $8,000 for fundraising activities. Did not properly document …
https://www.osc.ny.gov/local-government/audits/town/2021/01/15/town-delhi-pool-project-donations-and-disbursements-2020m-105New York’s Economy and Finances in the COVID-19 Era
… Trends Job Recovery and Unemployment Rates: New York City and New York State Unemployment rates for New York State, New York City and the balance of the State spiked upward in April 2020. At that point, and … through Pandemic Emergency Unemployment Compensation (both federal programs, with figures for the week ending January …
https://www.osc.ny.gov/reports/covid-19-february-3-2021