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State Comptroller DiNapoli Releases School Audits
… inhibited effective financial management and justification for the levels of accumulated fund balance and reserves. Lyme … to close projected budget gaps totaling $1.6 million for the 2020-21 through 2022-23 fiscal years though the … financial and capital plans to provide a framework for developing the annual budgets and addressing future …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsIX.12.F CMIA Interest Liabilities – IX. Federal Grants
… liabilities paid by either the Federal Government or the state to the other compensate for lost value (e.g. investment … liability (which the Federal Government pays to the state) accrues for any covered program whereby a state pays out its own funds for federal assistance program …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12f-cmia-interest-liabilitiesDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… Comptroller Thomas P. DiNapoli today announced legislation to create an optional investment pool to help the state and local governments fund retiree health insurance and other post employment benefits (OPEB). … Under DiNapoli’s proposal, there is no limit on how much or how little a government can deposit into the …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careState Comptroller Thomas P. DiNapoli Joins Lawmakers in Applauding New Law to Fight Government Waste
… today thanked Gov. Cuomo and the State Legislature for enacting legislation authored by state Sen. Martin Golden … of taxpayer dollars," DiNapoli said. "The new law provides for faster and earlier access to data relied on by state … sincere thanks go to Assemblyman Hevesi and Senator Golden for their commitment to understanding the issues and their …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-joins-lawmakers-applauding-new-law-fight-government-wasteXIV.5 Employee Award Programs – XIV. Special Procedures
… award programs and the requirements of the Office of the State Comptroller (OSC) for approving payment for these types … meals, lodging, and tickets to theater or sporting events. NEW YORK STATE LAW Section 135 of the Civil Service Law prohibits …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsNYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon
… and the New York State Common Retirement Fund’s request for an independent review of the company’s policies and … from 44.18% of Amazon shareholders, an immense success for a first-time proposal. If CEO Jeff Bezos’ shares … address racial diversity, equity and inclusion. It's time for Amazon to listen to its investors and take steps to …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazonState Agencies Bulletin No. 1677
… Purpose To notify agencies of the 2018 Year End processing schedule for AC-230s (Report … reversed or reissued will be turned over to the Office of Unclaimed Funds in March 2019. Outreach to employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1677-schedule-submitting-2018-year-end-returned-checksState Agencies Bulletin No. 1601
… Purpose To notify agencies of the 2017 Year End processing schedule for AC-230s (Report … reversed or reissued will be turned over to the Office of Unclaimed Funds in March, 2018. Outreach to employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1601-schedule-submitting-2017-year-end-returned-checksIX.8.A Accounting for Federal Refunds – IX. Federal Grants
… All federal refunds will be processed through AP as an adjustment … of whether the grant award is open or closed with the federal agency or whether the appropriation/segregation is …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsIX.9.C Transfer Procedure – IX. Federal Grants
… to approve the transfer of federal grant funds to a state fund. The following information must be provided in the … will record a charge against the project within the projects module. The transaction will be included in any … Questions Please direct questions regarding federal projects to the Bureau of State Accounting Operations at …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9c-transfer-procedureDiNapoli Releases Profile of State's Economic Development Agency
… highways, correctional and youth facilities, and to refund debt of other authorities. Interest and other expenses …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-releases-profile-states-economic-development-agencyState Agencies Bulletin No. 587
… PEF and GOER. Tax Rules In general, gross income of an employee does not include amounts paid or expenses incurred by the employer for educational assistance … an employee for a promotion or transfer to a new trade or business. Agency Actions Taxable amounts for 2005 must be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/587-educational-assistance-benefitsDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state … it serves.” The Fund's value reflects retirement and death benefits of $16.07 billion paid out during the fiscal …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24DiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) … Executive Budget that the budget will remain in balance for the next five years, the direction of the pandemic, … are also risks. Higher inflation would reduce spending power, resulting in lower consumer spending. New York’s job …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetOpinion 92-52
… This opinion represents the views of the Office of the State Comptroller at the time … the United States of America or of the state of a market value equal at all times to the amount on deposit and all … utility companies, individuals, firms or corporations. We do not believe that this is what the Legislature intended. …
https://www.osc.ny.gov/legal-opinions/opinion-92-52Comptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… shareholders to support their joint proposal urging the streaming service to uphold its employees’ rights to … the company and its investors.” “Netflix can and must do better to improve their commitment to upholding worker … management risks that could harm long-term shareholder value. As investors, we are concerned when the behavior of a …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the … like this are important drivers of long-term shareholder value. “It’s my hope that other companies follow McDonald's … the nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityState Agencies Bulletin No. 1191
… Purpose To advise agencies of the opportunity to submit test files to PayServ. Affected … uses EMPLID today and will use EMPLID tomorrow but the value in the EMPLID field will change from the SSN-based … instead of the SSN. Agencies submitting test files must do so with the following prefix: PAYSR. Examples : An …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1191-osc-will-allow-agencies-test-interface-files-preparation-ssn-decouplingComptroller DiNapoli Releases Municipal Audits
… (Nassau County) The board accumulated unexpended surplus funds totaling $2.4 million without a long-term plan for its … (Ulster County) Justices did not ensure that court funds were properly recorded, deposited and reported. Court …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-municipal-auditsHalf Hollow Hills Community Library - Fund Balance (2018M-127)
… [read complete report - pdf] Audit Objective Determine if the Board of Trustees (Board) effectively manages the Library’s fund … does not address the maintenance of surplus fund balance, how the Board expects to use surplus funds and the timeframe …
https://www.osc.ny.gov/local-government/audits/library/2018/11/09/half-hollow-hills-community-library-fund-balance-2018m-127