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Implications for the Future – 2021 Financial Condition Report
… March and April 2020, nearly 2 million jobs were lost in New York State and, as of August 2021, only 55 percent of those … Federal aid has long played an essential role in the State’s budget and its ability to provide health care, education, …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureSeminars for Local Officials
… is not an easy task and that finding time in your schedule for essential training to enhance your fiscal oversight responsibilities can be difficult. For that reason, OSC’s Local Official Training Unit offers seminars for municipal and school district governing boards and other …
https://www.osc.ny.gov/local-government/academy/seminars-local-officialsStart Saving for Retirement
… The day you retire may seem far into the future but the steps … when your working days are over. The first income source is your NYSLRS pension , which provides you with a monthly … human resources office or benefit administrator to learn what plans are available through your employer. Banks or …
https://www.osc.ny.gov/retirement/members/saving-for-retirementImplications for the Future – 2022 Financial Condition Report
… The Economic Outlook: Uncertainty Remains As the world faced … (FFY) 2020, New Yorkers consistently paid more in federal taxes than the State received in federal spending, as several … recession hit New York that the State’s budgetary reserves were not sufficient to guard against unwanted spending cuts, …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureClaims for Multiple Owners
… than one owner associated with it, which will be indicated in the Item Details section. You can submit a claim if: your name (or entity) is listed as one of the … to Submit a Claim You can submit your claim online or by mail. If submitting online, you must provide your Social …
https://www.osc.ny.gov/unclaimed-funds/claimants/claims-multiple-ownersOvertime Limits for Tier 5
… New York State Retirement and Social Security Law limits the amount of overtime pay included in the calculation of your final average earnings (FAE) , which is used to determine your NYSLRS pension. If you earn more …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-5Overtime Limits for Tier 6
… New York State Retirement and Social Security Law limits the amount of overtime pay included in the calculation of your final average earnings (FAE) , which is used to determine your NYSLRS pension. If you earn more …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-6Resources for Local Officials
… Local Fiscal Recovery Funds Guidance: Guidance on Use of Funds, Reporting Requirements, Distribution Process and Contact Information from the State Division of the Budget Accounting Guidance from the Office of the State Comptroller [pdf] Constitutional Debt Limit …
https://www.osc.ny.gov/local-government/resources/resources-local-officialsVillage of Cobleskill - Misappropriated Funds and Board Oversight (2018M-47)
… deposited. The former Clerk-Treasurer did not calculate health insurance benefits in accordance with the employee handbook. …
https://www.osc.ny.gov/local-government/audits/village/2020/01/03/village-cobleskill-misappropriated-funds-and-board-oversight-2018m-47City of Hornell – Foreign Fire Insurance Tax Money (2020M-140)
… report - pdf ] Audit Objective Determine whether City of Hornell (City) officials provided oversight of foreign fire insurance (FFI) tax money. Key Findings … did not adopt policies and procedures guiding the handling of FFI tax money and provide oversight to ensure accurate …
https://www.osc.ny.gov/local-government/audits/city/2021/03/12/city-hornell-foreign-fire-insurance-tax-money-2020m-140Medicaid Program – Reducing Medicaid Costs for Recipients Who Are Eligible for Medicare
… control the Medicaid costs of recipients who were eligible for Medicare based on age but were not enrolled in Medicare. … program. Individuals who are eligible or appear eligible for Medicare are required to apply for Medicare as a condition of receiving Medicaid. When …
https://www.osc.ny.gov/state-agencies/audits/2023/09/14/medicaid-program-reducing-medicaid-costs-recipients-who-are-eligible-medicareDiNapoli: NYS Office for the Aging Falling Short Funding Program for Seniors
… The New York State Office for the Aging (NYSOFA) failed to spend millions of dollars on … Thomas P. DiNapoli. “There are older New Yorkers waiting for services to help them remain independent and out of nursing homes, but the Office for the Aging isn’t doing enough to make sure the funding for …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nys-office-aging-falling-short-funding-program-seniorsInstructions for Counties
Instructions for Counties
https://www.osc.ny.gov/files/local-government/required-reporting/pdf/instructions.pdfAccounting for LOSAP
This session will discuss accounting principles and work through journal entry examples to ensure the proper recordkeeping for length of service award programs (LOSAP). Participants will also learn about the establishment of the programs, applicable GASB criteria and reporting requirements.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-losap-120424.pdfHousing Preferences for Veterans (Follow-Up)
… included in our initial audit report, Housing Preferences for Veterans (Report 2011-N-3 ). Background Our initial … State Legislature had extended the right of preference for housing to many more veterans, few actually benefited due … included in our initial audit report Housing Preferences for Veterans Report 2011N3 …
https://www.osc.ny.gov/state-agencies/audits/2015/01/29/housing-preferences-veterans-followService Credit for Tiers 2 through 6
… can see your total estimated service credit in Retirement Online . Sign in to your account and scroll down to the ‘My … prior or military service, sign in to your Retirement Online account , scroll down to the ‘My Account Summary’ area … from the State or the appropriate local civil service commission. You can be credited only for employment with an …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6Accountability for Traffic Ticket Surcharges
… (Department) accurately assessed, collected, accounted for, and reported all traffic ticket surcharge revenue … and one each in Rochester and Buffalo; each is responsible for processing and collecting fines and traffic ticket … $1 million in surcharge revenue that was reported twice for the same week during May 2013, the Department is …
https://www.osc.ny.gov/state-agencies/audits/2015/08/10/accountability-traffic-ticket-surchargesResponsibility for IT Internal Controls – Information Technology Governance
… to loss or unauthorized access and use, which could be very expensive. It is understandable that someone with little …
https://www.osc.ny.gov/local-government/publications/it-governance/responsibility-it-internal-controlsClaims for Businesses and Organizations
… You can submit claims for a business or organization by mail. Enter the name of your business or organization in the "Search for Organization" box on our Search for Lost Money page. Select the item you wish to claim from the search results. Generate a claim form by …
https://www.osc.ny.gov/unclaimed-funds/claimants/claims-businesses-and-organizationsAccessibility for People With Disabilities
… reported information on accessibility – communicated both online and through signage at parks. … To determine whether …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilities