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New York’s Economy and Finances in the COVID-19 Era

… according to newly available data from the Federal Reserve Bank of New York. That figure has increased 20.1 percent … loans and private student loans. Source: Federal Reserve Bank of New York Consumer Credit Panel/Equifax. The … to a third seen in other states. The Federal Reserve Bank of New York noted that the lower rates of delinquency …

https://www.osc.ny.gov/reports/covid-19-january-7-2021

DiNapoli: Lack of Oversight Hinders Home Meal Delivery Program for Vulnerable Seniors

… New York City’s Department for the Aging (DFTA) needs to do more to ensure the meals it provides to homebound seniors are prepared in sanitary conditions and are … trouble preparing their own meals. The city’s Department for the Aging is responsible for helping to ensure their …

https://www.osc.ny.gov/press/releases/2022/01/dinapoli-lack-oversight-hinders-home-meal-delivery-program-vulnerable-seniors

DiNapoli: State's Fiscal Picture Has Improved, but Impact of Pandemic Revenue Losses Will Linger

… DiNapoli urged the Governor and the Legislature to avoid short-sighted choices when adopting the new budget, … aid to suffering New Yorkers and devastated communities. But this recovery is fragile, and I urge state leaders to … in SFY 2022-23 to $6.2 billion in SFY 2024-25. Federal Aid While additional federal aid for states is being debated by …

https://www.osc.ny.gov/press/releases/2021/03/dinapoli-states-fiscal-picture-has-improved-impact-pandemic-revenue-losses-will-linger

DiNapoli Announces State Contract and Payment Actions for February 2017

… State Comptroller Thomas P. DiNapoli announced today his … than 4,100 payments valued at nearly $20.4 million. As the state's chief financial officer, DiNapoli's office reviews contracts for all state agencies and certain state public authorities and …

https://www.osc.ny.gov/press/releases/2017/03/dinapoli-announces-state-contract-and-payment-actions-february-2017

Opinion 90-11

… Fair Labor Standards Act) GENERAL MUNICIPAL LAW, §90; 29 USC §201 et seq. : With respect to the provision of overtime … implement an overtime compensation program as provided in section 90 of the General Municipal Law. Compensatory time … pre-emption (U.S. Const., art. VI, cl 2; see, gen., 16 Am Jur 2d, Constitutional Law, §291, et seq. ), New York …

https://www.osc.ny.gov/legal-opinions/opinion-90-11

Opinion 95-24

… in relation to a school building project financed from a source other than the proceeds of obligations which remain … school district financed a school building project from a source other than the proceeds of obligations which remain …

https://www.osc.ny.gov/legal-opinions/opinion-95-24

Opinion 99-14

… department order and in conjunction with the connection to a new water supply, constitutes a contract for public work subject to competitive bidding under General Municipal Law, §103 if … its underground water tanks and, instead, connect to a village water distribution system as its water source. …

https://www.osc.ny.gov/legal-opinions/opinion-99-14

New York’s Agriculture Industry: A Resilient Part of State and Local Economies

… sector grew in 2021 to reach new highs. In addition, farms contribute to food security in their communities, an … of Agriculture and Markets, there are over 33,000 farms in the State. 2 In addition, nearly 23 percent of the … high of 23,868 in 2021. 4 FIGURE 1: Employment on New York Farms Source: U.S. Bureau of Labor Statistics As shown in …

https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economies

New York’s Economy and Finances in the COVID-19 Era

… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more sharply—in April, with a combined loss of more than 1.9 million jobs. … Total employment in New York State fell in March and again much more sharply in April with a combined …

https://www.osc.ny.gov/reports/covid-19-november-12-2020

State Comptroller DiNapoli Releases School Audits

… operating surpluses, district officials increased the real property tax levy by an average of approximately $397,000 each year. …

https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-school-audits

State Comptroller DiNapoli Releases School Audits

… announced his office completed audits of the Amityville Union Free School District , Chester Union Free School District , Hamilton Central School District , Hawthorne Cedar Knolls Union Free School District , Katonah-Lewisboro Union Free …

https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits

State Agencies Bulletin No. 1025

… OSC will use software, approved by the United States Postal Service (USPS), that allows for swift handling of mail as well as a discounted postal rate. The process sorts mail by zip code and applies a … or invalid addresses. A new Control-D report, DDP003CB Postal Service Charges For Advice Statement Mailing. The …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1025-direct-mailing-direct-deposit-advice-statements

Opinion 92-15

… only in part to line-of-duty injury); (effect of workers' compensation determination) WORKERS' COMPENSATION -- Compensation Award (effect on … Municipal Law, §207-c) GENERAL MUNICIPAL LAW, §207-c; WORKERS' COMPENSATION LAW, §30(3): When a deputy sheriff is …

https://www.osc.ny.gov/legal-opinions/opinion-92-15

New York’s Economy and Finances in the COVID-19 Era (March 4, 2021)

… the longer-term decline in labor force participation. A 2017 report by the Office of the State Comptroller, Labor …

https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021

XVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting

… Policy References: Article 6 of the State Finance Law requires the Comptroller to classify … Preparation: The following is a comprehensive list of those funds included in the New York State reporting entity, organized under GAAP*, as of April 1, 2024: * For a listing of funds under the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafr

XVI.4.B Tax Revenues – XVI. Financial Reporting

… Transactions ) Process and Document Preparation: Tax revenues are classified as a derived tax revenue … resources are received, whichever occurs first. Revenues, net of refunds and uncollectible amounts, should be … personal income tax (PIT) are described below: Employee Withholding Payments - Monies withheld from employees by …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4b-tax-revenues

Opinion 2005-3

… the issues discussed in the opinion. PARKING FACILITIES -- Construction of (by school district) REAL PROPERTY -- Sale … by school district) SCHOOL DISTRICTS -- Powers and Duties (construction of parking garage); (sale and leaseback of … where motor vehicles are parked or stored, with or without fee or charge and without regard to residence, business or …

https://www.osc.ny.gov/legal-opinions/opinion-2005-3

IV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions

… of NYS penal law. Fines and Penalties 31401 Yes Civil Court Fines ordered by civil court justices. 31402 Yes Criminal Court Fines collected by … and lapsed appropriations. Rentals 32301 Dormitory Room Dormitory income for student housing at SUNY and CUNY …

https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receipts