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State Comptroller DiNapoli Releases Audits
… increasing the risk of a shortened useful life or the need for more repairs. Also, there was no inventory system to track parts purchased for vehicle maintenance, resulting in parts that were missing or untraceable to a vehicle. Notably, for the audit period, maintenance costs totaled more than $50 …
https://www.osc.ny.gov/press/releases/2023/02/state-comptroller-dinapoli-releases-auditsState Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget
… the uncertain future. “The FY 2022 budget revised property tax collections downward by $2.5 billion. This is an … The preliminary budget does not rely on additional direct federal relief or anticipate significant federal stimulus for businesses and individuals. “I am …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budgetFocus on Facts
… Pandemic Education Aid (November 2022) “Nation’s Report Card” Underscores New York’s Need for Academic Recovery …
https://www.osc.ny.gov/focus-onOvertime Temporarily Excluded from Tier 6 Contribution Rates
… or for help with Retirement Online , use our help desk form (select Monthly Employer Reporting or Retirement Online …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesCancellation of Election to Purchase Additional Annuity 21(l) or 321(l) (RS5378)
For NYSLRS Tier 1 & 2 members (and Tier 3 & 5 PFRS members who are non-contributory) to request to discontinue making voluntary contributions to NYSLRS.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5378.pdfManagement of Unexpected Delays and Events During Winter 2017-18
… The Metropolitan Transportation Authority (MTA) is a State public authority created under Article 5, Title 11 of … a valued and indispensable service.” The OSC Office of the State Deputy Comptroller for the City of New York issued a …
https://www.osc.ny.gov/state-agencies/audits/2018/08/07/management-unexpected-delays-and-events-during-winter-2017-18Non-Revenue Service Vehicles and On-Rail Equipment
… 2018 to April 2022. Background The MTA is responsible for developing and implementing a unified mass transportation policy for New York City and Dutchess, Nassau, Orange, Putnam, … the Engineering Department (Engineering) is responsible for the design, construction, maintenance, and rehabilitation …
https://www.osc.ny.gov/state-agencies/audits/2023/05/03/non-revenue-service-vehicles-and-rail-equipmentXVI.3.E The Reporting Entity – XVI. Financial Reporting
… by various State agencies, whose activities are accounted for in numerous funds. Such agencies are logically part of … whose activities and financial transactions are accounted for in separate, independent accounting and reporting systems … to determine New York State's reporting entity. CRITERIA FOR ENTITY DETERMINATION Entity determination is done in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityHawthorne Cedar Knolls Union Free School District – Internal Controls Over Wire Transfers (2016M-183)
… Purpose of Audit The purpose of our audit was to review internal controls over the District’s wire transfer … written procedures for wire transfers; there is also a lack of segregation of duties in the wire transfer process. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/hawthorne-cedar-knolls-union-free-school-district-internal-controls-overEmployer Billing
… As a participating employer, you are billed each November for your share of the cost of your employees’ retirement … plans and options you offer, the contribution rates for those plans and options, and the pensionable earnings reported to NYSLRS for members employed during the last State fiscal year. Your …
https://www.osc.ny.gov/retirement/employers/employer-billingState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… York State Comptroller Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) … for the Police and Fire Retirement System (PFRS). DiNapoli is also dropping the long-term assumed rate of return on … so we can better weather market volatility.” The estimated average employer contribution rate for ERS will remain at …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredMember Contributions – Legacy Reporting
… 15, as modified by Chapter 18 of the Laws of 2012). Federal Tax Treatment of Member Contributions ERS Tiers 3 through 6 … under Section 414(h) of the Internal Revenue Code (IRC). Federal income tax on these contributions is deferred until …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… equipment, including Closed-Circuit Televisions (CCTVs) in the subway system, to avoid future unexpected failures, an … because of staff reductions, and that the large increase in security equipment further reduced its ability to conduct … not indicated” for 53 repairs and “Other” for 41 repairs. In one instance, an order to repair a CCTV system was created …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderAccess-A-Ride Accident Claims (Follow-Up)
… Purpose To determine the extent of implementation of the 11 … increased, but decreased between 2010 and 2012. In regards to the actions the Paratransit Division and carriers, we … that was expanding and was not being tracked. Key Finding MTA –Transit officials made some progress in correcting the …
https://www.osc.ny.gov/state-agencies/audits/2016/05/13/access-ride-accident-claims-followNorwood-Norfolk Central School District – Financial Management (2022M-129)
… balance to exceed the 4 percent statutory limit. As of June 30, 2021, surplus fund balance was $1.7 million, $0.7 million …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/10/norwood-norfolk-central-school-district-financial-management-2022m-129Standard Work Day and Reporting Resolution – Reporting Elected and Appointed Officials
Elected and Appointed Officials NYSLRS employers establishes standard work day for elected and appointed officials by adopting a resolution
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/standard-work-day-and-reporting-resolutionResources for Local Officials
… Local Fiscal Recovery Funds Guidance: Guidance on Use of Funds, Reporting Requirements, Distribution Process and Contact Information from the State Division of the Budget Accounting Guidance from the Office of the State Comptroller [pdf] Constitutional Debt Limit …
https://www.osc.ny.gov/local-government/resources/resources-local-officialsState Comptroller DiNapoli Releases Audits
… of user accounts. This included 35 active user accounts for individuals who no longer worked for OCFS. Metropolitan Transportation Authority (MTA): New … This includes lodging, meal, and fuel expenses for which there was no business purpose, meal allowance …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-auditsFare Collection
… public authority created pursuant to Article 5, Title 11 of the Public Authorities Law. One of six MTA constituent agencies, the Long Island Rail Road … Avenue, Queens – through a major transfer hub in Jamaica to the easternmost tip of Long Island. The LIRR …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/fare-collectionDiNapoli: Former Le Roy Fire Department Treasurer Stole Nearly $50,000 in Public Funds
The former treasurer of the Le Roy FD and the Firemens Benevolent Assoc of the Vill of Le Roy stole nearly $50000 in public funds by pocketing cash writing unauthorized checks to himself and his personal business and making electronic transfers to pay his credit card and cell phone bills
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-former-le-roy-fire-department-treasurer-stole-nearly-50000-public-funds