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DiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… November budget update projects employment to return to 2019 levels by 2024. The projected budget gaps in fiscal … 82 percent in the first half of 2020 to $27.6 billion, the best first half since 2009. The city estimates securities … tourism is projected to decline in 2020 by two-thirds from 2019 levels, and will not fully rebound until 2024. …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … two purchases totaling $175,000 were not competitively bid as required. They also determined that out of 55 …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Thruway Authority Toll Increases Should Be Last Option
… has proposed a multi-year schedule of systemwide toll increases to begin in 2024, but a new report from State … proposal comes at a time of extraordinary challenges for New Yorkers who are faced with rising costs for … of cashless tolling was completed in November 2020. In 2022, Thruway leadership reported this modernization …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-thruway-authority-toll-increases-should-be-last-optionState Agencies Bulletin No. 2006
… above are included as salary for retirement purposes. Tax Information: These earnings are taxable income, will be … and income taxes. Federal, State, and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2006-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 2005
… for overtime payments that cannot be calculated by the NYS Payroll System. Agency Actions: Beginning in Institution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2005-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 2004
… above are included as salary for retirement purposes. Tax Information These earnings are taxable income, will be … and income taxes. Federal, State, and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2004-pilot-program-establishing-temporary-overtime-rate-overtime-eligibleState Agencies Bulletin No. 2021
… for overtime payments that cannot be calculated by the NYS Payroll System. Agency Actions Beginning in Institution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2021-pilot-program-establishing-temporary-overtime-rate-employees-certainDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) 2022-23 Executive Budget that the budget will remain in balance for the next five years, the direction of the … P. DiNapoli. The budget also proposes billions of dollars in spending that would bypass critical oversight if enacted. …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: NYC DOE Faces Significant Challenges in Closing COVID Achievement Gap
… funding sources dry up at the end of fiscal year (FY) 2025. If revenues do not trend better than projected, the city may be forced to cut services or find new revenue sources or … in emergency federal funding between fiscal years 2021 and 2025, including $6.96 billion in education-related emergency …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gapState Agencies Bulletin No. 1949
… above are included as salary for retirement purposes. Tax Information These earnings are taxable income, will be … and income taxes. Federal, State, and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1949-pilot-program-establishing-temporary-overtime-rate-employees-certainAre You Vested? And What It Means
… your tier and retirement plan, sign into your Retirement Online account and go to the 'My Account Summary' section. … we have on file for you , sign in to your Retirement Online account , and under ‘My Account Summary,’ click …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansDiNapoli Releases Report on NYS Executive Budget
… After the disruption caused by the COVID-19 pandemic, the state’s … critical needs while improving the state’s affordability. I’m also concerned this budget again advances provisions that … growing debt burden and poor debt practices demonstrate how the state’s current statutory debt limits are too easily …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-releases-report-nys-executive-budgetState Comptroller DiNapoli Releases Municipal & School Audits
… duties; provide oversight of the clerk-treasurer’s payroll, or; perform required annual audits of the …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-dinapoli-releases-municipal-school-auditsNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… offset the revenue loss to the MTA from a reduction in the Payroll Mobility Tax on small businesses. Read the Financial …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesState Comptroller DiNapoli Releases Municipal & School Audits
… include: $134,742 from a home improvement store; $25,140 from an online retailer; and $23,242 for furniture and … Dec. 31, 2021, recalculated unrestricted fund balance was $1.8 million, which was unreasonable and sufficient to cover … that the city’s adopted budget for fiscal year 2023-24 and the related justification documents are in material …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: Some Affordable Apartments for Seniors Left Vacant for Years
… to 60% of the area median. Rentals developed through SARA funds are given out by lottery, with 30% set aside for … funding SCHAP in May 2020. At that time any remaining funds were supposed to be returned to HPD. Nearly two years …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-some-affordable-apartments-seniors-left-vacant-yearsDiNapoli: New York's Labor Force Decreased Sharply During the Pandemic and Remains Below Pre-Pandemic Peak
… the 10-year period. Participation rates were lowest for Black workers and decreased from 60.3% in 2014 to a low of … has become more diverse in the past decade. The share of white workers has declined from 75.8% in 2011 to 70.9% in … the nation, New York has greater shares of workers who are Black (16.3% to 12.5%), Asian (10.3% to 6.3%), and Hispanic …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-yorks-labor-force-decreased-sharply-during-pandemic-and-remains-below-pre-pandemic-peakState Agencies Bulletin No. 2021.2
… This bulletin is superseded by Payroll Bulletin No. 2021.3 . Purpose The purpose of this … Description Associated Retro Code Original Earns Code C25 Covid-19 OT for Ann-2080 2.5 RC5 C72 CH5 Covid-19 OT Hry/Biw … taxable gross subject to all employment and income taxes. Federal, State, and New York City income tax withholding will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20212-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 2021.3
… overtime rate for employees in certain titles represented by PEF or CSEA working at Addiction Treatment Centers … Description Associated Retro Code Original Earns Code C25 Covid-19 OT for Ann-2080 2.5 RC5 C72 CH5 Covid-19 OT Hry/Biw … taxable gross subject to all employment and income taxes. Federal, State, and New York City income tax withholding will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20213-pilot-program-establishing-temporary-overtime-rate-employees-certainDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… Congress to increase the eligibility age from 26 to 46 for individuals who can participate in the Achieving a Better … Experience (ABLE) program, a savings and investment tool for individuals with disabilities. NY's ABLE program, which … in assets saved by individuals and their families to pay for medical and living costs. "People who become disabled …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilities