Search
DiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… Tax collections for State Fiscal Year (SFY) 2020-21 totaled $82.4 billion — $3 … to the March State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. Total tax …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsState Comptroller DiNapoli Releases Municipal Audits
… contract for an independent audit of its 2019 records, as required by law, or provide for an annual audit of the … However, the clerk did not always deposit fees within the required time frame. The clerk did not deposit $5,266 in fees collected within the required time frame. In addition, the clerk did not prepare …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-0Audit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… and prevented officials from accounting for committed funds and determining whether vouchers had been paid. Made 25 …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonVII.10.G Cash Advance Shortages and Overages – VII. State Revenues and Appropriated Loan Receivables
… not, should be corrected by submitting an AP voucher for reimbursement to bring the account in balance. Pursuant to … overages exist for less than $250, reduce the next reimbursement voucher to bring the account in balance. Excess … or not should be corrected by submitting an AP voucher for reimbursement to bring the account in balance …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10g-cash-advance-shortages-and-overagesNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… fighting systemic racism, yet we continue to see reports of workers facing racial discrimination, accusations of discriminatory wages, and the sale of products that … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityPipeline Safety Oversight
… Public Service Commission (PSC) is providing oversight of pipeline safety in accordance with State regulations and … the federal Department of Transportation administers pipeline safety nationwide. To do this, it delegates some of … pipelines. Between 1995 and 2014, New York had 194 pipeline incidents with 23 fatalities, 123 injuries, and $77 …
https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversightCity of Yonkers – Budget Review (B17-6-10)
… District officials to identify alternatives to borrowing funds to purchase textbooks. Recalculate the estimated amount …
https://www.osc.ny.gov/local-government/audits/city/2017/05/19/city-yonkers-budget-review-b17-6-10State Comptroller DiNapoli Releases Municipal & School Audits
… with no supporting records showing the source of the funds. She also did not record 44 checks totaling $4,320 in …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-dinapoli-releases-municipal-school-audits-0Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … funding. Auditors found that the town did not document how grant funds were spent and failed to ensure the intended … accounting records. Auditors found the supervisor did not submit adequate monthly financial reports to the board and …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-municipal-auditsXI.7.A Revenue Contracts – XI. Procurement and Contract Management
… to the maximum extent possible. Consistent with a procurement involving the expenditure of funds, the contracting State agency should maintain a procurement record documenting the decisions made and the … OSC approval, users will submit the agreement and required procurement record documents to OSC through the Electronic …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi7a-revenue-contractsOpinion 2000-14
… Benefits (payments into annuity program) PUBLIC OFFICERS AND EMPLOYEES -- Compensation (payments into annuity program) … annuity program) CIVIL SERVICE LAW §201(4); RETIREMENT AND SOCIAL SECURITY LAW §§113, 470; EDUCATION LAW §3109: A school …
https://www.osc.ny.gov/legal-opinions/opinion-2000-14State Agencies Bulletin No. 1971.2
… This bulletin supersedes Payroll Bulletin No. 1971.1 . Purpose The purpose of this … made in PayServ for the current pay cycle, agencies should run locked query LQ_DDP_AUDIT_DD_ENTRIES in PS Query as a … made in PayServ for the current pay cycle, agencies should run Locked Query LQ_DDP_NEW_HIRES to remain compliant with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19712-direct-deposit-guidance-and-audit-queryState Agencies Bulletin No. 1971.1
… This bulletin supersedes Payroll Bulletin No. 1971 . Purpose The purpose of this … made in PayServ for the current pay cycle, agencies should run locked query LQ_DDP_AUDIT_DD_ENTRIES in PS Query as a … made in PayServ for the current pay cycle, agencies should run Locked Query LQ_DDP_NEW_HIRES to remain compliant with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19711-direct-deposit-guidance-and-audit-queryOpinion 89-50
… NY2d 80, 320 NYS2d 29; Denihan Enterprises v O'Dwyer , 302 NY 451; Rodrigues v Town of Beekman , 120 AD2d 724, 502 NYS2d … Misc 219, 55 NYS 50, affd 40 App Div 331, 57 NYS 1039, 160 NY 691). The reasoning behind this is that the real …
https://www.osc.ny.gov/legal-opinions/opinion-89-50XI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… procurement of equipment, including: Establishment of need for the equipment; Determining the method of acquisition for the equipment; and Required approvals and other considerations. … for Approval of Personal Property (Equipment) And Real Property State Supported Bonds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2023
… and lunch programs, and college loans. Other federal funds pay for essential capital projects and services. These …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2023Penn Entertainment and MGM Resorts Letters
I write as Trustee of the New York State Common Retirement Fund (Fund), one of the largest public pension funds in the United States, which holds and invests the assets of the New York State and Local Retirement System on behalf of its 1.2 million members, retirees, and beneficiaries.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/penn-entertainment-mgm-resorts-letters.pdfDiNapoli: 529 College Savings Program Lowers Fees
… Beginning in September, fees in New York's 529 College Savings Program … September 27, 2018, the NY 529 fee drops to 0.13 percent, meaning participants will pay $1.30 in program fees each year … disclosure booklet here or go to: http://cdn.unite529.com/jcdn/files/NYD/pdfs/DisclosureBooklet.pdf *May be subject …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-529-college-savings-program-lowers-feesDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New York State … through its In-State Private Equity Program, which seeks profitable investments in New York State-based companies. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Audit Cites East Clinton Fire District For Improper Gifts
… totaling approximately $463,000 were listed as reserve funds even though the board could not provide evidence that …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-audit-cites-east-clinton-fire-district-improper-gifts