Search
Letchworth Central School District - Reserves (2018M-176)
Determine whether the Board properly established reserve funds and maintained them at reasonable levels.
https://www.osc.ny.gov/files/local-government/audits/pdf/letchworth.pdfNYS Common Retirement Fund Announces Third Quarter Results
… instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 80 …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsXIV.14.K SUNY and CUNY Senior Colleges Funds and Public Benefit Corporations – XIV. Special Procedures
… Capital Assets reported for SUNY and CUNY Senior Colleges Funds and the Public Benefit Corporations are obtained from the … statements issued by the entities comprising these funds and are included in the government-wide financial statements …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14k-suny-and-cuny-senior-colleges-funds-and-public-benefit-corporationsXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… The distribution of the STIP investment earnings (STIP interest) to participating funds is governed by §98-a of the … the Comptroller is hereby precluded from crediting interest earnings to funds which: Are funded entirely from … funds, except such funds which are required to earn such interest pursuant to a court order or federal law or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsGorham-Middlesex Central School District – Multiyear Planning (2016M-177)
… 23, 2016. Background The Gorham-Middlesex (also known as Marcus Whitman) Central School District is located in the …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/gorham-middlesex-central-school-district-multiyear-planning-2016m-177DiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… today outlined the Fund’s stewardship priorities for 2024, including setting expectations related to climate … and voting, aim to achieve just that. As we start the 2024 proxy season, I am confident that our stewardship … speaking directly with company directors and executives. 2024 Stewardship Priorities The release of the Fund's 2024 …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… said. “Our pension fund has long-supported climate aware strategies, and this expansion of our commitment offers a … “As a long-term investor we are very interested in strategies that manage risk, and there is no question that … already allocated more than $1.5 billion to sustainable strategies across asset classes, from a wind farm in New York …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureNew York State Financial Reporting
… Comprehensive Financial Report This annual report presents New York State’s financial statements prepared in accordance … Annual Financial Report Financial Condition Report of New York State This GAAP-based report provides an overview of …
https://www.osc.ny.gov/reports/financeDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… firm consisting of an experienced and knowledgeable team of professionals committed to the emerging manager … across all asset classes. Prior firms included, the team has managed more than 40 emerging manager programs in …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programDiNapoli: State Pension Fund Value $210.2 Billion
… subject to change once returns are fully audited. The Fund’s audited value at the end of state fiscal year 2018 was $207.4 billion. “The Fund’s value continued to grow during its 2019 fiscal year and … Fund’s public equities, including domestic and non-U.S. holdings, had overall returns of 4.86 percent. The Fund’s …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionControls and Accountability of Court, Trust and Bail Funds
… Section 2601 of the New York State Civil Practice Law and Rules requires that all moneys paid into the New York … a balance of $296.7 million, while the bank and investment firm that held the money had a balance of $299.1 million. …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-fundsDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… It has consistently been ranked as one of the best managed and best funded plans in the nation. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnDiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Comptroller Thomas P. DiNapoli today announced … with concerns over a recession and potential interest rate increases, but the state pension fund is well positioned … other actuarial assumptions, including wage growth, inflation, age of retirement and mortality. Integral to the …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnTown of Hartwick – Financial Condition (2013M-118)
… $146,016 for the fire protection fund, $58,002 for the library fund, and $6,000 for the lighting district fund. Key … tax levy for the general, highway, fire protection, library, lighting district, and water funds was relatively …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… New York State Comptroller Thomas P. DiNapoli today announced … consumer spending remaining strong,” DiNapoli said. “While inflation persists and global tensions pose risks to … alternatives (7.52%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24Review of Advance Contract Payments
… Recover overpayments as appropriate. Implement a policy for new contracts of only sending advance payments when …
https://www.osc.ny.gov/state-agencies/audits/2021/09/15/review-advance-contract-paymentsTown of Big Flats – Financial Management (2013M-170)
… procedures, to govern the level of unexpended surplus funds maintained. As a result of the flawed budget process, … excess unrestricted fund balances in the general and water funds. The general fund’s excess unrestricted fund balance is … balance policy governing the level of unexpended surplus funds to be maintained in the Town’s operating funds and …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-big-flats-financial-management-2013m-170Monroe County - Financial Condition (2018M-179)
… $12.4 million in one-time increases that are unlikely to recur. The County relied on $65 million in revenue … $30.85 million in reported general fund interfund advances to cover deficit cash balances in 2017. The County does not have sufficient general fund balance to mitigate significant …
https://www.osc.ny.gov/local-government/audits/county/2018/12/07/monroe-county-financial-condition-2018m-179Town of Parish - Financial Condition and Supervisor's Records (2019M-58)
… and received accurate financial reports to help it do so. Key Findings The Board did not adopt structurally … and received accurate financial reports to help it do so …
https://www.osc.ny.gov/local-government/audits/town/2019/05/29/town-parish-financial-condition-and-supervisors-records-2019m-58XVI.3.A Financial Statements – XVI. Financial Reporting
… to satisfy the needs of a broad range of users, New York State will annually issue an easily understandable …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3a-financial-statements