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Buffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… has generated an estimated $9 million investment gain for the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today. The investment was made through the Fund’s In-State Private … in businesses across the state have returned hundreds of millions of dollars to the state pension fund and created …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… over 80 transactions. With offices in New York and São Paulo, Graycliff Partners seeks to partner with companies … Graycliff Partners visit http://www.graycliffpartners.com/ . About the Common Retirement Fund New York State …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesAudits of Local Governments: The Audit Process
… position or factual differences. Corrective Action Plan (CAP): Schools and BOCES: School districts and BOCES are required by law to file a CAP with OSC and the State Education Department. Local … Governments: Fire Districts are required by law to file a CAP with OSC. Most other local governments are not required …
https://www.osc.ny.gov/local-government/audits/audits-local-governments-audit-processVillage of Monticello – Board Oversight (2013M-226)
… Purpose of Audit The purpose of our audit was to assess the oversight … that Village officials maintained accurate and up-to-date accounting records and, therefore, did not receive … over $147,000 for Village bank accounts. Village officials do not know the amount of cash available to fund operations, …
https://www.osc.ny.gov/local-government/audits/village/2014/02/14/village-monticello-board-oversight-2013m-226City of Yonkers – Budget Review (B19-6-6)
… to the water fund are related to operating the water system. … The purpose of our budget review was to identify …
https://www.osc.ny.gov/local-government/audits/city/2019/07/10/city-yonkers-budget-review-b19-6-6Town of Thurston – Financial Management (2013M-280)
… Purpose of Audit The purpose of our audit was to review the Town’s financial management, budgeting practices and … January 1, 2011 through December 31, 2013. Background The Town of Thurston is located in Steuben County and has … of the Town Supervisor, Town Clerk, Tax Collector and Town Justice in a timely manner. The Board had still not performed …
https://www.osc.ny.gov/local-government/audits/town/2014/07/18/town-thurston-financial-management-2013m-280City of Yonkers – Budget Review (B17-6-11)
… and debt service funding of $590.7 million for the Yonkers Public Schools (District) and $563.6 million for the City. …
https://www.osc.ny.gov/local-government/audits/city/2017/07/07/city-yonkers-budget-review-b17-6-11Penn Entertainment and MGM Resorts Letters
I write as Trustee of the New York State Common Retirement Fund (Fund), one of the largest public pension funds in the United States, which holds and invests the assets of the New York State and Local Retirement System on behalf of its 1.2 million members, retirees, and beneficiaries.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/penn-entertainment-mgm-resorts-letters.pdfState Agencies Bulletin No. 2231
… purpose of this bulletin is to notify agencies of a change in how they will create/modify/run any queries using PayServ … our PayServ, Oracle/Peoplesoft database to Exadata in order to provide more efficient results in running our weekly batch schedules and increase …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2231-exadata-release-and-ps-query-updateState Agencies Bulletin No. 648
… be returned with a completed Next of Kin Affidavit ( Form AC 934-P ) and a Report of Check Exchange ( Form AC 1476-P ). For recipients of a previously deceased …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/648-cash-advance-payment-eligible-employees-represented-nyscopba-bu01-0State Agencies Bulletin No. 648-A
… be returned with a completed Next of Kin Affidavit ( Form AC 934-P ) and a Report of Check Exchange ( Form AC 1476-P ). For recipients of a previously deceased …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/648-cash-advance-payment-eligible-employees-represented-nyscopba-bu01Comptroller DiNapoli: IDA-Issued Tax Breaks Continue to Climb
… Through 2017, downstate areas accounted for 51 percent of the nearly 200,000 total net jobs gained through IDA … regions. The prior year, downstate outpaced the rest of the state with 57 percent of the total. “The need for … efforts has never been higher,” said DiNapoli. “My office releases IDA data so New Yorkers can examine if …
https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-ida-issued-tax-breaks-continue-climbCity of Glens Falls – Financial Condition (2013M-150)
… Purpose of Audit The purpose of our audit was to review the City’s financial operations … and approve any necessary budget amendments. Although we do not consider the City to be in fiscal stress at this time, …
https://www.osc.ny.gov/local-government/audits/city/2013/08/02/city-glens-falls-financial-condition-2013m-150DiNapoli: Oswego Teacher Charged With Stealing Over $4,000 From CiTi BOCES
… with falsifying his time sheets to steal more than $4,000 from his employer, the Center for Instruction Technology and … Police Acting Superintendent Steven A. Nigrelli said, “I thank our State Police members and partners from the State … investigation found that from January-September of 2022 he did not provide these sessions to at least three students and …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-oswego-teacher-charged-stealing-over-4000-citi-bocesState Agencies Bulletin No. 2032
… agencies that the pensionable overtime earnings limit for Tier 6 TRS members for school year 2022-2023 is $18,233.00. … regarding this bulletin may be directed to the Payroll Retirement mailbox. … The purpose of this bulletin is to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2032-school-year-2022-2023-tier-6-pensionable-overtime-ot-earnings-limitState Agencies Bulletin No. 1792
… agencies that the pensionable overtime earnings limit for Tier 6 ERS members for calendar year 2020 is $17,067.00. Affected Employees … with Chapter 368 of the Laws of 2018, the OT cap increases each calendar year. The amount of the increase is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1792-tier-6-pensionable-overtime-earnings-ot-limit-calendar-year-2020State Agencies Bulletin No. 2302
… agencies that the pensionable overtime earnings limit for Tier 6 ERS members for calendar year 2025 is $20,958.00. Affected Employees: … with Chapter 368 of the Laws of 2018, the overtime limit increases each calendar year. The amount of the increase is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2302-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2025V.3.A General Ledger Business Unit (GLBU) – V. Chart of Accounts (COA) Governance
… as a whole, and each agency’s and defined entity’s book of record requirement. Generally, each agency as defined by … its own BU. Following are general guidelines to indicate when a separate GL BU may be warranted. Created by statute – … debits/credits) by BU. Where transactions entered by users do not balance by BU, system-generated entries will be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3a-general-ledger-business-unit-glbuSUNY Bulletin No. SU-156
… Purpose To notify agencies of the modified eligibility and narrative description for … currently authorized to participate in the Optional Retirement Program for Unclassified SUNY employees. SUNY … Unit 13 (Management Confidential SUNY) Effective Date(s) Paychecks dated January 21, 2009 (Administration) OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-156-change-narrative-description-and-eligibility-deductionDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… aid to local governments. The State Fiscal Year (SFY) 2024-2025 Enacted Budget provides $715 million in AIM funding for … Budget for all AIM recipients is proposed in the SFY 2025-26 Executive Budget to continue for just one more year. … tax cap at 2% for municipality fiscal years beginning in 2025. In addition, counties, cities and villages are limited …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governments