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VI.4 Reappropriations Overview – VI. Budgets
… is a legislative enactment that continues all or part of the undisbursed balance of an appropriation that would otherwise lapse. A … against which obligations can no longer be incurred nor payments made In most cases, when the legislature enacts an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi4-reappropriations-overviewState Comptroller Thomas P. DiNapoli Statement on New York City Adopted Budget Agreement
… and rising costs. “The agreement will raise total spending for the city to $101 billion in fiscal year (FY) 2023, … 2023. “Spending increases since April 2022 include funding for new programs, some of which are funded only in FY 2023. … programs, the city enhanced its labor reserve since April for the potential cost of wage increases in the next round of …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-thomas-p-dinapoli-statement-new-york-city-adopted-budget-agreementDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… the last decade, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. When adjusted for … has actually declined by 24% since 2011, when the state’s real property tax cap was enacted. Because this aid can be …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationCity of Lockport -- Budget Review (B7-1-14)
… Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2018. Background Chapter 332 of the … appear reasonable. The City did not appropriate any fund balance as a funding source in the 2018 general, water, …
https://www.osc.ny.gov/local-government/audits/city/2017/11/01/city-lockport-budget-review-b7-1-14Administration of the CityFHEPS Program for Department of Homeless Services Shelter Residents
… Objective To determine whether the New York City Department of Social Services is administering the … that, between fiscal years 2019 and 2023, CityFHEPS’s expenses increased from $174 million to $365 million. In …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/administration-cityfheps-program-department-homeless-services-shelter-residentsState Comptroller DiNapoli Releases Municipal & School Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … town officials did not segregate the bookkeeper’s duties or implement critical controls. In addition, the … establish long-term financial and capital plans or fund balance and reserve policies. Therefore, the board lacks …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-municipal-school-auditsGouverneur Central School District – Financial Management (2016M-351)
… school lunch fund exceeded the maximum amount allowed by federal regulations by an average of 43 percent in 2013-14 … lunch fund to reduce the excess fund balance and adhere to federal regulations. Develop a comprehensive multiyear …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/18/gouverneur-central-school-district-financial-management-2016m-351Review of the Financial Plan of the City of New York - March 2009
Just a few years ago, New York City posted record budget surpluses, but now the City is facing its greatest fiscal challenge in decades.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-9-2009.pdfState Comptroller DiNapoli Releases Municipal & School Audits
… of $1.6 million in operating surpluses. In 2021, sales tax revenues totaling $230,000 were inappropriately recorded …
https://www.osc.ny.gov/press/releases/2024/07/state-comptroller-dinapoli-releases-municipal-school-auditsBorrowing Against Your Contributions – En-Con Police Officers Plan
… You must be in active service and have one year of member service credit. You repay each outstanding loan … your annuity reduction will be based on your age, the loan balance at retirement and type of retirement (service or … payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New York State … through its In-State Private Equity Program, which seeks profitable investments in New York State-based companies. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal … following three years, according to a review of the city’s updated financial plan released today by State Comptroller … insulate the capital program from budget cuts or to help balance its operating budget. In addition, the city plans to …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … , Town of Windsor and the City of Yonkers . "In today's fiscal climate, budget transparency and accountability for … be limited cash for water operations and unrestricted fund balance in the water fund will be significantly reduced. Town …
https://www.osc.ny.gov/press/releases/2017/05/state-comptroller-dinapoli-releases-municipal-audits-1Higher Education – 2022 Financial Condition Report
… has been slightly more modest in New York compared to the nation. These amounts grew from $7,710 to $8,550 in New York … $300 per resident on higher education, ranking 22nd in the nation for higher education spending per capita. According to … 2021, slower than the 17.2 percent rate of growth for the nation during the same period. The percent of student loan …
https://www.osc.ny.gov/reports/finance/2022-fcr/higher-educationComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … Pamelia and the Tompkins County Public Library . “In today’s fiscal climate, budget transparency and accountability for … contributed to the operating surpluses and excessive fund balance in the town-wide general fund. Tompkins County Public …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-municipal-audits-1Borrowing Against Your Contributions – Career Plan
… You must be in active service and have one year of member service credit. You repay each outstanding loan … your annuity reduction will be based on your age, the loan balance at retirement and type of retirement (service or … payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsBorrowing Against Your Contributions – Regional State Park Police Plan
… You must be in active service and have one year of member service credit. You repay each outstanding loan … your annuity reduction will be based on your age, the loan balance at retirement and type of retirement (service or … payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsDiNapoli: State Tax Revenues $2 Billion Lower Than Last Fiscal Year
… according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli. Overall, tax … than anticipated by the state Division of the Budget’s (DOB) January projections. Tax receipts for the month of …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-state-tax-revenues-2-billion-lower-last-fiscal-yearBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… You must be in active service and have at least one year of member service credit. You must repay each outstanding … loan is 75 percent of your annuity savings contribution balance, minus any outstanding loan balance, so you must have … payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsDiNapoli Releases December State Cash Report
… billion, or 2.2 percent, from the same period last year to $53.2 billion and were $29.9 million lower than mid-year Financial Plan projections, according to the state cash report issued today by State Comptroller … December. "Overall tax collections in December were close to reduced estimates from the mid-year financial plan update, …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-report