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State Comptroller Thomas P. DiNapoli Statement on 2024 State of the State Address
… across the state. “The Midyear Financial Plan released in October indicated the state is facing outyear budget gaps … reserves, which now provides more fiscal stability in the wake of any economic hardship. “I look forward to …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-thomas-p-dinapoli-statement-2024-state-state-addressDiNapoli: State Pension Fund Releases Annual Investment Return
… York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) … have been trying for investors, but thanks to the state pension fund’s diverse investments, members, retirees and … March 31, 2023, the Fund had 44.14% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement … investments, it finished the year above our assumed rate of return,” DiNapoli said. “Still, the turmoil in the … alternatives (5.48%). The Fund’s long-term expected rate of return is 5.9%. The timing of the Fund’s annual …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnLocal Sales Tax Collections up 10.2% in Third Quarter of 2022
… and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, …
https://www.osc.ny.gov/press/releases/2022/10/local-sales-tax-collections-up-10-point-2-percent-in-third-quarter-2022DiNapoli: 16 School Districts Designated in Fiscal Stress
… designated in some level of fiscal stress under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress … the current and future budget cycles as one-time federal funds are depleted and state aid is uncertain.” In response …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressRockland County – Budget Review (B23-6-8)
… review was to determine whether the significant revenue and expenditure projections in the County of Rockland’s (County) proposed budget for the 2024 fiscal year are … Background The County, located in the downstate area and bordered by Orange, Putnam and Westchester counties, was …
https://www.osc.ny.gov/local-government/audits/county/2023/11/10/rockland-county-budget-review-b23-6-8DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year 2022-23. For the three-month period …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… Sales tax revenue for local governments in New York State declined … according to State Comptroller Thomas P. DiNapoli. Sales tax collections from January through March totaled $4.3 … quarter of last year, which predated the pandemic. Sales tax collections in New York City during the first three …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021State Agencies Bulletin No. 2259
… for the outreach and escheatment of uncashed payroll checks for calendar year 2023. Agencies must treat signed and … of a payroll check and must submit a payroll check stop payment and replacement request through the Request Stop … check. Any checks that remain uncashed after March 31, 2025, will be stopped and the funds will be escheated and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2259-outreach-and-escheatment-2023-uncashed-nys-payroll-checksState Agencies Bulletin No. 2259.1
… uncashed after March 31, 2025, will be stopped and the funds will be escheated and remitted to the New York State Office of Unclaimed Funds (OUF). Effective Dates: Effective for payroll … be remitted to OUF in April 2025. Employees can visit the Unclaimed Funds - Search for Lost Money website to search …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22591-outreach-and-escheatment-2023-uncashed-nys-payroll-checksXI.4.A Not-for-Profit Prompt Contracting – XI. Procurement and Contract Management
… If OSC’s determination concludes that the circumstances do not warrant a denial of interest and interest is due, once …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4a-not-profit-prompt-contractingDivision of Housing and Community Renewal Bulletin No. DH-120
… using an overpayment earnings code or an AC-230. In this case, the negative retroactive adjustment may be re-generated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-120-april-2021-and-april-2022-district-council-37-dc-37Motor Vehicle Financial Security and Safety Responsibility Acts - Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7)
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7-response.pdfMotor Vehicle Financial Security and Safety Responsibility Acts - Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7)
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7.pdfThe Concerning Growth of Hate Crime in New York State
… include Murder (2), Negligent Homicide (1), Misdemeanor Sex Crimes (4), Harassment in the 2 nd degree (3), Felony … crimes such as falsely reporting an incident, additional sex crimes, among others. See Laws of 2024, chapter 55, Part …
https://www.osc.ny.gov/reports/concerning-growth-hate-crime-new-york-stateEast Ramapo Central School District – Budget Review (B21-5-4)
The objective of this review was to provide an independent evaluation of the East Ramapo Central School District’s (District’s) proposed budget for the 2021-22 fiscal year.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/east-ramapo-budget-review-b21-5-4.pdfEnterprise Fraud, Waste and Abuse Prevention and Detection: Annual Report to the New York State Legislature, 2021
During this COVID-impacted year, OSC continues to advance its efforts to use data analytics in cost-effective ways to streamline and improve its auditing and oversight capabilities.
https://www.osc.ny.gov/files/reports/pdf/enterprise-fraud-2021.pdfMedicaid: Enrollment Growth, COVID-19 and the Future
Monthly enrollment in the Medicaid program has grown by about 5 percent per year since January 2007, and exceeded 7 million for the first time in February 2021.
https://www.osc.ny.gov/files/reports/pdf/medicaid-enrollment-growth-covid-19-and-the-future.pdfSecond Quarter Local Sales Tax Collections Down Significantly; June Collections Improve for Most Regions
Sales tax revenue for local governments in the second quarter of 2020 totaled $3.3 billion, a decline of $1.2 billion compared to the same period last year.
https://www.osc.ny.gov/files/local-government/publications/pdf/2020-local-sales-tax-collections-second-quarter.pdfDiNapoli: Tax Cap Nears Two Percent for 2018
… I continue to urge local officials to exercise caution when crafting their spending plans." The tax cap, which first … applied to local governments in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-tax-cap-nears-two-percent-2018