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DiNapoli Announces Sale of $916 Million State of New York General Obligation Refunding Bonds
… Thomas P. DiNapoli today announced the details of the upcoming competitive sale scheduled for October 28 of State … State of New York reserves its right to change, amend or cancel this scheduled sale of General Obligation Refunding … the Preliminary Official Statement is available. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-916-million-state-new-york-general-obligation-refunding-bondsComptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … funding. Auditors found that the town did not document how grant funds were spent and failed to ensure the intended … accounting records. Auditors found the supervisor did not submit adequate monthly financial reports to the board and …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-municipal-auditsState Pension Fund Adds $30 Million for Investments in New York Companies
… Retirement Fund has committed an additional $30 million to Primary Venture Partners to invest in state-based … proud of how well the In-State Program is performing. As trustee of the state pension fund, I’m committed to seeking … Fund New York State Comptroller Thomas P. DiNapoli is trustee of the $176.8 billion New York State Common …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli and Rice Halt Pension Scam
… in illegal pension payments from the New York State and Local Police and Fire Retirement System. “This is an egregious exploitation of public funds,” …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamState Comptroller DiNapoli Releases State Revenue Projection to Reflect Coronavirus Impact
… New York State Comptroller Thomas P. DiNapoli today issued a … State Legislature agreed to on March 1 before they adopt a new budget, which is due April 1. The full text of the letter … domestic product, employment, wages, and financial sector bonuses cannot be made with confidence. Revenue projections …
https://www.osc.ny.gov/press/releases/2020/03/state-comptroller-dinapoli-releases-state-revenue-projection-reflect-coronavirus-impactLow-Income Housing Trust Fund Program (Follow-Up)
… in our initial audit report, Low-Income Housing Trust Fund Program (Report 2013-S-32 ). About the Program Our … April 1, 2008 through December 11, 2013. Established as a public benefit corporation in 1985 under Section 45-a of …
https://www.osc.ny.gov/state-agencies/audits/2020/04/02/low-income-housing-trust-fund-program-followIX.10.B Federal Treasury Offset Program (TOP) Background – IX. Federal Grants
… centralized process called the “Treasury Offset Program” (TOP) that matches federal payments to New York State against … is used to draw down federal grant award funds. When a TOP match occurs, the payment is “offset” against the state’s … of Taxation and Finance’s Treasury staff. Monthly (by the 10 th ) OSC will email each debtor agency and each agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10b-federal-treasury-offset-program-top-backgroundNY State Pension Fund Amazon Exempt Solicitation
NY State Pension Fund Amazon Exempt Solicitation
https://www.osc.ny.gov/files/press/pdf/ny-state-pension-fund-amazon-exempt-solicitation.pdfState Agencies Bulletin No. 143
… than 4 items in Box 14. All categories listed below except 414(H) contributions, WC Excluded Amount and CUNY IRC section 125 amounts are included in Box 1. The 414(H) contributions are not included in Box 1, but must be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/143-1999-w-2-year-end-processingXI.16 Vendor Responsibility – XI. Procurement and Contract Management
… of their legal obligations with respect to determining the responsibility of a business entity (vendor, contractor or offerer) to which a contract may be … Comptroller's procurement record requirements regarding vendor responsibility. These procurement record requirements …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi16-vendor-responsibilityDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… Total revenue for New York City’s budget is expected to drop by 9.4% to … city’s FY 2023 financial plan released today by State Comptroller Thomas P. DiNapoli. “The city’s adopted budget … risks means the city should continue to identify areas for savings, track how its services are delivered amid …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapePension Payment Option Election – Divorce and Your Benefits
… At retirement, a member must elect a pension payment option, which determines how the retirement benefit … All options will pay the member a monthly benefit for life. The Single Life Allowance is the maximum benefit available. Or, a member …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionCity of Newburgh -- Budget Review (B18-6-12)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant … prior to adoption of the budget. The City underestimated pension costs by $576,193. The proposed budget did not …
https://www.osc.ny.gov/local-government/audits/city/2018/11/16/city-newburgh-budget-review-b18-6-12Newburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… should be treated as an allegation. unsealed today in White Plains federal court: VATTER served in the Newburgh Fire … Office. This prosecution is being handled by the Office's White Plains Division. Assistant U.S. Attorney James McMahon …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsYour Pension Pay Stub
… you valuable insight into your monthly pension payment and deduction amounts. Throughout the year, you’ll be able to track year-to-date totals for your pension and any deductions made for health insurance, union dues, tax withholding or …
https://www.osc.ny.gov/retirement/retirees/your-pension-pay-stubOpinion 92-49
… This opinion represents the views of the Office of the State Comptroller at the time it was … for when town leases land for recreational trail) TOWN LAW §§81,220: A proposed lease of real property for use as a … constituted public parks or playgrounds within the meaning of sections 81 and 220 of the Town Law (see Rivet v …
https://www.osc.ny.gov/legal-opinions/opinion-92-49Comptroller DiNapoli & A.G. Schneiderman Announce State Prison Sentence for Florida Woman in $120,000 Pension Fraud Case
… New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the conviction and sentence of Graycelia Cizik, 64, a resident of Polk County, Florida. … bank indicating that he was still alive, and utilized a power of attorney to access his account and withdraw pension …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-ag-schneiderman-announce-state-prison-sentence-florida-woman-120000-pensionEarnings Limits
… Earnings Period Earnings Limit April 1, 2024 – March 31, 2025 $345,000 April 1, 2023 – March 31, 2024 $330,000 April … Earnings Period Earnings Limit April 1, 2024 – March 31, 2025 $250,000 April 1, 2023 – March 31, 2024 $250,000 April …
https://www.osc.ny.gov/retirement/members/earnings-limitsPreventing Fraud and Abuse of Public Funds: Local Governments Need to Do Better
Preventing Fraud and Abuse of Public Funds: Local Governments Need to Do Better
https://www.osc.ny.gov/files/local-government/publications/pdf/preventingfraud.pdfLimnes Contract Rejection Letter
Comptroller's rejection letter of Department of Transportation (DOT) contract with Whitestone, N.Y.-based Limnes Corp. for $4.7 million for painting bridges.
https://www.osc.ny.gov/files/press/pdf/limnes-contract-rejection.pdf