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EDSS - Glossary of Terms
… of Contents Contract Reporter Exemption Requests (CRER) Procurement Record Contract Reporter Exemption Request Agency … information, please see the Guide to Financial Operations Procurement Type Service Commodities Grant …
https://www.osc.ny.gov/state-agencies/contracts/edss-glossary-termsNew 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-hikesDiNapoli Releases Report on NYS Executive Budget
After the disruption caused by the COVID19 pandemic the states finances have stabilized and the Division of Budget DOB is now forecasting reduced budget gaps
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-releases-report-nys-executive-budgetDiNapoli Releases Analysis of State Financial Plan
… provided 38.2% of PIT liability. The temporary PIT rate increase results in the state being more dependent on … period. By the end of the plan period, when the PIT rate increase is slated to expire, nearly $4 billion in annual … on or Ahead of Schedule. The Financial Plan proposes to increase “principal reserves” from $9 billion at the end of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planGreen Economy Boosts Job Growth in New York
New York State Comptroller Thomas P DiNapoli today released a report showing that New Yorks environment and sustainability initiatives are creating new green occupations as well as creating additional demand for existing occupations and changing the skills required to fulfill others
https://www.osc.ny.gov/press/releases/2022/02/green-economy-boosts-job-growth-new-yorkDiNapoli Releases Analysis of SFY 2024-25 State Budget
… unearned income declined by 43.6% in SFY 2023-24 for those earning over $1 million. As a result, taxes paid by these …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli: Wall Street Bonuses Edge Up in 2014
… for New York State and New York City both assume a small increase in bonuses, consistent with DiNapoli's forecast; The … years when bonuses increased by a total of 52 percent. The increase in the average bonus in 2014 was a bit smaller than the increase in the bonus pool (3 percent) because the pool was …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014Awarding and Oversight of Statewide Interoperable Communications Grants (Follow-Up)
To determine the extent of implementation of the three recommendations included in our initial audit report Awarding and Oversight of Statewide Interoperable Communications Grants Report 2016S90
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/awarding-and-oversight-statewide-interoperable-communications-grants-followMedgar Evers College – Controls Over Bank Accounts (Follow-Up)
… to weaknesses in the monitoring of bank accounts, which increase the risk that Medgar Evers College (MEC) personnel …
https://www.osc.ny.gov/state-agencies/audits/2017/11/29/medgar-evers-college-controls-over-bank-accounts-followCity of Fulton – Fiscal Stress (2013M-310)
… of our audit was to review the City’s financial condition for the period January 1, 2012, to May 31, 2013. Background … The Common Council is the legislative body responsible for managing City operations. The City’s budgeted appropriations for the 2013 fiscal year were approximately $15.5 million. …
https://www.osc.ny.gov/local-government/audits/city/2013/11/22/city-fulton-fiscal-stress-2013m-310Lansing Fire District – Financial Condition (2013M-80)
… of Audit The purpose of our audit was to examine the District’s financial condition for the period January 1, 2008, to December 31, 2012. Background The Lansing Fire District is a district corporation of the State, distinct and separate from …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/05/lansing-fire-district-financial-condition-2013m-80State Agency Small-Dollar Purchases (Follow-Up)
… Additionally, OGS has been successful in its efforts to increase State agencies’ P-Card use for small-dollar …
https://www.osc.ny.gov/state-agencies/audits/2013/11/21/state-agency-small-dollar-purchases-followAdditional Service Credit for Unused, Unpaid Sick Leave – Special 20- and 25-Year Plans
… Retirement and Social Security Law (RSSL). To be eligible for this benefit, you must retire directly from public … service or within a year of separating from service. For most members, the maximum number of sick leave days … to see if they offer this benefit. If you are eligible for this benefit, you will also see “Sick Leave Eligibility: …
https://www.osc.ny.gov/retirement/publications/1517/additional-service-credit-unused-unpaid-sick-leaveAdditional Service Credit for Sick Leave (Section 341[j]) – Police and Fire Plan
… Section 341(j) of the Retirement and Social Security Law (RSSL) provides an optional sick … you must retire directly from public employment or within a year after separating from service. The additional credit … example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your …
https://www.osc.ny.gov/retirement/publications/1512/additional-service-credit-sick-leave-section-341jAdditional Service Credit for Sick Leave (Section 341[j]) – New Career Plan
… Section 341(j) of the Retirement and Social Security Law (RSSL) provides an optional sick … you must retire directly from public employment or within a year after separating from service. The additional credit … example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your …
https://www.osc.ny.gov/retirement/publications/1515/additional-service-credit-sick-leave-section-341jAdditional Service Credit for Sick Leave (Section 341[j]) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Section 341(j) of the Retirement and Social Security Law (RSSL) provides an optional sick … you must retire directly from public employment or within a year after separating from service. The additional credit … example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your …
https://www.osc.ny.gov/retirement/publications/1511/additional-service-credit-sick-leave-section-341jDobbs Ferry Union Free School District – Facilities Department Overtime (2023M-120)
… in the employees working unnecessary overtime. This could increase the District’s operational and pension costs. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/01/dobbs-ferry-union-free-school-district-facilities-department-overtimeDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… by the Fund in 2009 as part of his on-going efforts to increase accountability and transparency. … New York State …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterTupper Lake Central School District – Financial Condition (2014M-151)
… Continue to evaluate and explore ways to cut costs and increase revenues for the general fund and the school food …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/29/tupper-lake-central-school-district-financial-condition-2014m-151Graded Rates – Contribution Stabilization Program
… is less than 1 percent, then the graded rate will be set to the System average rate. Note: Graded rates are calculated …
https://www.osc.ny.gov/retirement/employers/csp/graded-rates