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DiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… and revenue to fund operations when federal aid runs out, according to a report issued today by State Comptroller Thomas P. DiNapoli. While the MTA has … MTA’s greater reliance on volatile subsidies as opposed to taxes like the other transit systems. In particular, real …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropCity of Troy – Budget Review (B5-13-20)
… Purpose of Audit The purpose of our budget review was to determine whether the significant … Background The City of Troy, located in Rensselaer County, issued debt totaling $21,630,000 to liquidate …
https://www.osc.ny.gov/local-government/audits/city/2013/11/18/city-troy-budget-review-b5-13-20Division of Housing and Community Renewal Bulletin No. DH-18
… is entitled to full retirement service and salary credit, up to a maximum of one year per injury. When an employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-18-eligibility-and-processing-instructions-workersXVI.3.D Basis of Accounting/Measurement Focus – XVI. Financial Reporting
… Policy Reference: National Council on Governmental Accounting (NCGA) Statement 1 GASB Statement No. 63 – … Outflows of Resources, Deferred Inflows of Resources, and Net Position (GASB Codification Section 1600 – Basis of … ACCOUNTING The basis of accounting determines the timing for reporting measurements made on a cash or accrual basis in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3d-basis-accountingmeasurement-focusVillage of Forestville – Water Fund (2012M-207)
… Purpose of Audit The purpose of our audit was to review the financial management of the … is located in the Town of Hanover in Chautauqua County and has a population of 697 residents. The Village is …
https://www.osc.ny.gov/local-government/audits/village/2013/02/15/village-forestville-water-fund-2012m-207Making Adjustments to Earnings and Days Worked – Legacy Reporting
… charged or credited accordingly for the employer portion of all salary adjustments in a future annual billing. Also, … paper Adjustment Report. Be sure to complete the section of the Adjustment Report that indicates whether the adjustment will result in a refund of contributions owed to the member. If you check yes, NYSLRS …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/making-adjustmentsValue of Industrial Development Agencies' Projects Increase Nearly 50 Percent Over Past Decade
… projects has hovered around 200,000 over the same period. I encourage New Yorkers to use the IDA project data we … accounted for 56 percent of all net tax exemptions. On a per capita basis, the New York City IDA provided the …
https://www.osc.ny.gov/press/releases/2021/06/value-industrial-development-agencies-projects-increase-nearly-50-percent-over-past-decadeDiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Albany County Probation Department , Town of Java and the Virgil Fire District . “In today’s fiscal …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-auditsDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… the areas, Brooklyn and the Bronx, that saw the highest increases. "Across the nation, the pandemic reinvigorated … first half of the pandemic in the city, as they accounted for more than 71% of all businesses citywide. During the … with some neighborhoods seeing particularly dramatic increases. In Brooklyn, Bedford Stuyvesant had 35% more …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: Numbers of Homeless Population Doubled in New York
… 2022, there were 45,343 people in New York City shelters run by the city Department of Homeless Services (DHS). By …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-numbers-homeless-population-doubled-new-yorkSelected Aspects of Discretionary Spending
… Background The Roosevelt Island Operating Corporation of the State of New York (RIOC) is a public benefit corporation and a political subdivision of the State of New York. RIOC was created by the New York …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-3Northport-East Northport Union Free School District – Financial Condition (2014M-164)
… of Audit The purpose of our audit was to evaluate the District’s financial activities for the period July 1, 2012 through September 30, 2013. Background The Northport-East Northport Union Free School District is located in the Town of Huntington, Suffolk …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/northport-east-northport-union-free-school-district-financial-conditionDiNapoli: State Tax Collections Dip
… Tax collections totaling $19.8 billion fell short of projections for New York state in the first quarter of the state’s fiscal year (SFY), a decline of $797.6 million, or 3.9 percent, from the same period last …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipPlanning
… you do. After all, you should have the best understanding of where you are and what you would like your life to be in … need in retirement. The first step is to draw up a list of all your expenses. Step 2: Estimate Your Retirement Income … very expensive. Experts say you will need about 80 percent of your pre-retirement income to maintain your standard of …
https://www.osc.ny.gov/retirement/members/planningDiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to … billion for counties and cities, or $111 million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustTaxes – 2023 Financial Condition Report
… to continued inflation partially offset by the impact of the suspension of sales and excise taxes on motor fuel from June 1 to … rather than imposing the PIT on individual members of the business. PTET collections totaled $14.9 billion in …
https://www.osc.ny.gov/reports/finance/2023-fcr/taxesXI.4.B Standard Contract Language for Grant Contracts: Fixed Term, Multiyear Contracts and Simplified Renewals – XI. Procurement and Contract Management
… the Grants Management website. The Office of the State Comptroller (OSC) recommends that agencies not subject to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4b-standard-contract-language-grant-contracts-fixed-term-multiyear-contracts-and-simplifiedState Agencies Bulletin No. P-436
1985 Sal Increase, Changes in Location Pay, Calc of Promo Salary of Emp in Adm (02), Operational (03) and Inst (04) Services NU
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-436.pdfCUNY Bulletin No. CU-168
… period. It will also factor in the combined result of multiple contract payments. The new methodology will result in an increase in the amount of taxes withheld from the paychecks of employees in adjunct positions under contract pay. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-168-changes-withholding-tax-calculations-employees-adjunctFinancial Condition of New York State Regional Off-Track Betting Corporations (2014-MS-6)
… plans to benefit the Corporations’ financial condition for the period January 1, 2009 through August 31, 2014. … locations, over the telephone and via the Internet. For the five-year period from 2009 through 2013, the five OTB … reduced total operating expenses. There have been dramatic increases in the fees the OTB Corporations have to pay …
https://www.osc.ny.gov/local-government/audits/off-track-betting/2015/09/25/financial-condition-new-york-state-regional-track-betting-corporations-2014