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NY State Comptroller Announces Appointment of Emerging Managers Director
… Manager Program and uphold its role as a pathway to growth for smaller and diverse investment managers.” The Fund’s … DiNapoli’s office as a senior investment officer for the Emerging Manager Program in 2020. With the Fund, he … that improved brand recognition and enhanced returns for the largest and most sophisticated asset managers. …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorPurchasing Practices at the Linden Plaza Mitchell-Lama Housing Development (Follow-Up)
… payments of approximately $33 million; $22.3 million was for services such as mortgage payments, insurance, and … prices. The Rules did not require competitive bidding for contracts less than $100,000 or for purchases made without a contract, regardless of dollar …
https://www.osc.ny.gov/state-agencies/audits/2020/06/23/purchasing-practices-linden-plaza-mitchell-lama-housing-development-followConnetquot Public Library – Cash Disbursements (2017M-125)
… to examine the Library’s controls over cash disbursements for the period July 1, 2015 through October 31, 2016. … five-member Board of Trustees. Budgeted appropriations for the 2016-17 fiscal year totaled $6,040,900. Key Findings …
https://www.osc.ny.gov/local-government/audits/library/2017/09/29/connetquot-public-library-cash-disbursements-2017m-125Department of Labor Examination of Unemployment Insurance Benefit Payments January 1, 2017 – December 31, 2017
… $204,464 in UI benefit payments against penalties assessed for overpayments we identified, recover $426,637 in … to help detect and prevent erroneous UI benefit payments. For a complete copy of Report 2018-UI-01, click here . … The …
https://www.osc.ny.gov/state-agencies/audits/2018/11/19/department-labor-examination-unemployment-insurance-benefit-payments-january-1-2017Town of Norwich – Justice Court (S9-14-3)
… reported and remitted moneys on behalf of the Court for the period January 1, 2012 through December 31, 2013. … and four Board members, is the governing body responsible for overseeing the Town’s financial activities, including the …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/08/15/town-norwich-justice-court-s9-14-3DiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… grew by a more modest 1.5% and 1.1%. Modest Increase for NYC: New York City’s collections moderated in the second …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterSUNY Bulletin No. SU-244
… Purpose To provide SUNY agencies with instructions on how to update a … campus is required to update the Retirement Plans page to change the Benefit Plan based on the agency’s review of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-244-two-year-look-back-tier-6-suny-tiaa-optional-retirementOpinion 89-60
… in the private business of performing home inspections for prospective purchasers of homes does not have a prohibited interest in a contract with the municipality for which he or she serves, the conduct of the private … 802 (General Municipal Law, §803[2]). The term "contract" for purposes of Article 18 is defined to mean any claim, …
https://www.osc.ny.gov/legal-opinions/opinion-89-60Opinion 2001-9
… with not-for-profit corporations) GENERAL MUNICIPAL LAW §§801, 802(1)(f), 803, 805-a: A member of a county … serves as an officer of two not-for-profit corporations and a director of one of the corporations does not have a … interest in such a contract pursuant to General Municipal Law §803, and avoid contravening the statutory prohibitions …
https://www.osc.ny.gov/legal-opinions/opinion-2001-9State Agencies Bulletin No. 1040
… Background The elimination of the Advanced Earned Income Tax Credit (AEITC) is part of the Education, Jobs and … still be able to take the credit when they file their federal income tax return. Affected Employees All employees … the AEITC program. OSC will insert a row on the employee Federal Tax Data page and change the Earned Income Credit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1040-elimination-advanced-earned-income-tax-credit-aeitcPartial Lump Sum Payment at Retirement – Divorce and Your Benefits
… benefit as a Partial Lump Sum (PLS) payment at retirement, in exchange for a permanently reduced monthly pension …
https://www.osc.ny.gov/retirement/members/divorce/partial-lump-sum-payment-retirementStony Creek Volunteer Fire Company – Cash Disbursements (2015M-188)
… policies or implement any procedures governing debit card use or review or approve any card-related transactions. Key Recommendations Provide … reviewing financial records. Review and approve all debit card transactions before card purchases are made. … Stony …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/10/23/stony-creek-volunteer-fire-company-cash-disbursements-2015mState Agencies Bulletin No. 1584
… withholding rate. Affected Employees Employees who live and work in the State of Maine Background The following … effective July 28, 2017: Income Tax Surcharge : Removed for individuals with income greater than $200,000. Single … be found in the Maine Revenue Services Withholding Tables for Individual Income Tax booklet . Effective Date(s) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1584-july-2017-maine-tax-withholding-rate-changeXVII.2.B Negative Appropriation/Segregation Budgets – XVII. Lapsing Appropriations
… > Negative Segregation Balance. The report can be viewed in Report Manager or through the Process Monitor > Details > …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2b-negative-appropriationsegregation-budgetsState Police Bulletin No. SP-218
… Purpose The purpose of this bulletin is to notify agencies of an increase in dues … Bargaining Units 07 and 17 represented by the PBA of the New York State Troopers, Inc. are affected. Effective Dates …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-218-police-benevolent-association-pba-new-york-state-troopers-inc-duesOversight of Public Water Systems (Follow-Up)
… there are emerging contaminants with known adverse health effects that the Department continues to study to determine …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/oversight-public-water-systems-followState Police Bulletin No. SP-225
… is to notify agencies of an increase in union dues for PBA of the NYS Troopers. Affected Employees: Employees in Bargaining Units 07 and 17 represented by the PBA of the New York State Troopers, … of the PBA, OSC has implemented a change in the union dues for employees in Bargaining Units 07 and 17. The new rates …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-225-police-benevolent-association-pba-new-york-state-troopers-inc-duesIX.9.A Transfer Authorizations – IX. Federal Grants
… one fund to another with specific statutory authorization for such transfer. These transfer authorizations may be … referred to as "Omnibus Article VII language bills" and provide the authorizations necessary to transfer federal grant funds to reimburse other state funds for costs associated with the administration of federal grant …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9a-transfer-authorizationsWalworth-Seely Public Library – Board Oversight (2014M-260)
… was to review the Board’s oversight of Library operations for the period January 1, 2012 through January 14, 2015. … which is appointed by the Town Board. Expenditures for the 2014 fiscal year totaled $229,392. Key Findings The Board gave the Director check-signing authority and possession of a Library checkbook, contrary to the …
https://www.osc.ny.gov/local-government/audits/library/2015/03/13/walworth-seely-public-library-board-oversight-2014m-260Accounts Payable Advisory No. 67
… to the direct and indirect economic, financial, and social effects of the COVID-19 pandemic. In situations where …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/67-prompt-payment-interest