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Comptroller 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-auditsDiNapoli: Monster Beverage Needs To Diversify Board
… has taken the opportunity to hold broader governance reform discussions with firms where he has filed diversity … System on behalf of more than one million state and local government employees and retirees and their beneficiaries. …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-monster-beverage-needs-diversify-boardDiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… find housing by making full use of available federal funds for vouchers, according to an audit released today by New … included the height of the COVID-19 pandemic when the need for affordable housing intensified. During that time, HCR … billion in federal housing funds, including $6.8 billion for the Section 8 Performance-Based Contract Administration …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisEstimate Your Pension
… Online to create NYSLRS pension estimates based on the salary and service information we have on file for you. … Enter different retirement dates and beneficiaries to see how they affect your potential benefit; Adjust your earnings … based on the information you enter. You will need to know your tier and retirement benefit plan as you enter …
https://www.osc.ny.gov/retirement/members/estimate-your-pensionWhat is a Defined Benefit Plan?
… As a NYSLRS member, you are part of a defined benefit plan , … by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… financial plan project a surplus of $2.6 billion in the current fiscal year, ending on June 30, which will be … small as a share of city fund revenues, but they do not reflect the next round of collective bargaining or the … go to: http://osc.state.ny.us/osdc/rpt11-2018.pdf Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedDiNapoli Releases Annual IDA Report
New Yorks Industrial Development Agencies reported $784 million in net tax exemptions in 2018 up 44 percent from 2017
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-releases-annual-ida-reportDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… bonds, and mortgages (21.18%), private equity (13.64%), real estate and real assets (10.00%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnComptroller's Oversight of State Contracts
… Comptroller’s Office has conducted independent, pre-review of State and limited Public Authority contacts, adding … transparency to the process and resulting in hundreds of millions of dollars in savings for taxpayers each year. As government …
https://www.osc.ny.gov/state-agencies/contracts/oversightVillage of Scotia – Internal Controls Over Selected Financial Operations (2012M-148)
… revenues by nearly $23,000. The Court’s case files and bail records are not accurate and complete, and the two Justices do not maintain an accurate computerized bail list or perform monthly bank reconciliations and … between the accounting records maintained for bail, the Court’s manual check register, and the computerized …
https://www.osc.ny.gov/local-government/audits/village/2013/01/11/village-scotia-internal-controls-over-selected-financial-operations-2012m-148Opinion 99-11
… This opinion represents the views of the Office of the State Comptroller at the time … to the school district, so long as the frame is of nominal value. You ask whether it is proper for a school district to … .... (2 NYCRR §55.2). Thus, the regulations authorize, but do not require, the destruction of cancelled bonds (but see …
https://www.osc.ny.gov/legal-opinions/opinion-99-11DiNapoli Releases Analysis of SFY 2024-25 State Budget
… spending for vital state services like Medicaid and school aid and includes new funding and policy changes to … 25.8% in State Operating Funds, and 35.8% in All Funds. School aid and Medicaid drove much of the growth. The budget is estimated to provide $36 billion in total school aid for School Year (SY) 2024-25, an increase of $1.6 …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetComptroller DiNapoli Releases Municipal Audits
… Department and the Orange County Department of Social Services . "In today’s fiscal climate, budget transparency … Although service providers submit reports that indicate how they met their performance measures, department officials do not verify the information. As a result, the county may …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-municipal-audits-0Wayne Central School District – Property Disposal (2021M-161)
… in a proper and cost effective manner. Key Findings The Board and District officials have not established … disposal methods. As a result, District officials do not have assurance that they received the best value for this property. We noted similar deficiencies in our …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161Opinion 89-53
… companies in a multi-company fire department) INSURANCE LAW, §§9104, 9105: Where foreign fire insurance tax moneys are distributed in accordance with Insurance Law, §§9104 and 9105, the moneys must be allocated between or … No. 79-102, p 19, we concluded that the apportionment and payment of foreign fire insurance tax moneys to the company …
https://www.osc.ny.gov/legal-opinions/opinion-89-53Effectiveness of the Information Technology Transformation
… its processes and procedures during the Transformation. For example, our audits questioned: the adequacy of access … no evidence that many basic planning steps were performed. For example, a risk assessment was not conducted timely to … unintended consequences, nor were there any benchmarks for customer service levels and costs established at the …
https://www.osc.ny.gov/state-agencies/audits/2016/08/24/effectiveness-information-technology-transformationState Agencies Bulletin No. 671
… Purpose To provide agencies with information regarding the processing and taxation of educational assistance … The following types of educational instruction do not qualify as job-related: Courses needed to meet the … governing educational assistance benefits and describes how the educational assistance amounts will be displayed on …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/671-educational-assistance-benefitsXI.8.A Centralized Contracts – XI. Procurement and Contract Management
… A centralized contract is a contract let by the Office of General Services (OGS) for use … from centralized contracts are provided by OGS in the contract award notices available on the OGS website. Agencies …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8a-centralized-contractsWindows Domain Administration and Management
… controls in place to ensure appropriate management and monitoring of its Active Directory environment. The audit … statewide IT strategic direction, directs IT policy, and delivers centralized IT products and services that support the mission of the State. ITS …
https://www.osc.ny.gov/state-agencies/audits/2023/05/31/windows-domain-administration-and-managementState Agencies Bulletin No. 1856
… Purpose The purpose of this bulletin is to notify agencies of the 2020 Year End … reversed, or reissued will be turned over to the Office of Unclaimed Funds in April 2021. Outreach to employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1856-schedule-submitting-2020-year-end-returned-checks