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DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… Wall Street’s profits were strong in the first half of 2015 at $11.3 billion, the strongest … years of downsizing, the industry has been adding jobs in New York City, but it may curtail hiring to bolster … hopeful that Wall Street’s robust first half will result in a good year. The securities industry continues to be a …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… Process and Document Preparation In the event that an agency must process a payment that uses … In the event that an agency must process a payment that uses …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unitXV.11 Journal/Revenue Transfers – XV. End of Year
… submit these transactions to OSC by the date identified in the Office of Operations Events and Deadlines Calendar . … submit these transactions to OSC by the date identified in the Office of Operations Events and Deadlines Calendar …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersDiNapoli: Chatham Police Chief Sentenced for Pension Double-Dipping
… of Police Peter Volkmann was sentenced to pay $92,829 in restitution and perform 200 hours of community service … Czajka and the New York State Police for their partnership in helping us bring justice to this case.” “Mr. Volkmann … Village of Chatham," District Attorney Paul Czajka said. "In doing so, he undermined much of the good he did in helping …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-chatham-police-chief-sentenced-pension-double-dippingDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… a balanced budget for FY 2016 with relatively small gaps in the following three years, according to a review of the … and a major source of tax revenue, added 2,300 jobs in 2014 (the first job gains since 2011) and is on pace to … needs averaging nearly $1.3 billion annually beginning in FY 2016. To its credit, the city has resumed the process …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearNext Generation 911 Services
… of Information Technology Services (ITS) has controls in place to ensure that data used by 911 systems is … 1960s and is built upon legacy analog infrastructure that, in many places, is still used today. As technology has … public safety, legislative, and governing entities. In New York State, several agencies, including DHSES, ITS, …
https://www.osc.ny.gov/state-agencies/audits/2025/06/04/next-generation-911-servicesUnified Court System Bulletin No. UCS-322
… employees of the Unified Court System beginning in April 2023 and to provide processing instructions to agencies. Affected Employees Employees who were in CSEA (Bargaining Unit 87), MC (Bargaining Unit 86) or … longevity and/or extra longevity) for BU 87 beginning in April 2016. Consistent with practice, when a CSEA …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-322-reintroduction-unified-court-system-csea-longevity-stepsMaximizing Incentives for Individuals With Disabilities
… program to promote and place individuals with a disability in competitive employment. The audit covered the period from … million working-age adults (ages 21–64) with a disability in New York State. The employment rate of working-age adults … a disability are more than twice as likely to be living in poverty than working-age New Yorkers statewide (28% vs. …
https://www.osc.ny.gov/state-agencies/audits/2022/08/30/maximizing-incentives-individuals-disabilitiesComplaint Processing
… complaints, 1 and if CCRB is conducting investigations in compliance with New York City regulations and CCRB’s … 3,872 and 1,749 complaints within its jurisdiction in 2020 and the first half of 2021, respectively. Key Findings CCRB does not complete investigations in a timely manner and does not have performance measures in …
https://www.osc.ny.gov/state-agencies/audits/2022/10/05/complaint-processingTechnology Transfer Program and Royalty Payments
… protect the State University of New York’s (SUNY) interest in the transfer of technology and royalties received for … Foundation has taken steps to protect SUNY’s interest in the transfer of technology and royalties for projects … Sciences University (Downstate) has accumulated $1,019,390 in campus royalty revenue, none of which has been used to …
https://www.osc.ny.gov/state-agencies/audits/2020/01/17/technology-transfer-program-and-royalty-paymentsMaternal Health
… with the goal of reducing maternal mortality and morbidity in New York State; and whether DOH is effectively monitoring … outcomes of pregnancy, labor, or delivery that result in short- or long-term consequences to a person’s health, … There are also persistent racial and ethnic disparities in these deaths, with Black women dying nationally at a rate …
https://www.osc.ny.gov/state-agencies/audits/2024/07/30/maternal-healthFacilitated Programs to Assist Small Businesses
… services under programs to small businesses to assist them in obtaining funding for opening, operating, and expanding … Access program, SBS facilitates assistance to businesses in the manufacturing, construction, transportation, … Solutions Capital Access program covers businesses in other industries. During the 4 fiscal years from 2019 to …
https://www.osc.ny.gov/state-agencies/audits/2026/04/10/facilitated-programs-assist-small-businessesRochester Prep Charter School 3 – IT Asset Management (2025M-36)
… safeguard information technology (IT) assets acquired or in use during the audit period? Audit Period July 1, 2023 – … up a significant portion of a school’s IT asset inventory, in both value and quantity. The cost of the School’s IT … assigned, acquisition date, cost and disposal date. In addition, School officials did not conduct annual physical …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36Town of Hanover – Procurement (2025M-58)
… The Board last updated the Town’s procurement policy in 2021. From January 1, 2024 through December 31, 2024, the … service providers that were paid approximately $364,000 in 2024, we determined that the Board did not seek … similar services at a more favorable rate. This was due in part because the Board adopted a procurement policy which …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-hanover-procurement-2025m-58Greenburgh Central School District – Procurement (2024M-147)
… (District) officials procure time and materials contracts in a cost-efficient manner and provide oversight of awarded … projects (e.g., construction, electrical and plumbing). In total, the District paid $3.8 million to 32 vendors for … officials generally procured time and materials contracts in a cost-efficient manner through the use of competitive …
https://www.osc.ny.gov/local-government/audits/school-district/2025/10/24/greenburgh-central-school-district-procurement-2024m-147NYS Common Retirement Fund Announces First Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the first quarter of the state fiscal year 2016-2017 was 2 … 30, 2016, the Fund has 38.3 percent of its assets invested in publicly traded domestic equities and 15.6 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… York State Common Retirement Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was … 30, 2017, the Fund had 38.7 percent of its assets invested in publicly traded domestic equities and 17.3 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… York State Common Retirement Fund’s (CRF) overall return in the third quarter of state fiscal year 2016-2017 was 1.11 … pension fund’s value to $108.9 billion. Despite volatility in the markets, my staff and I have rebuilt and strengthened … of $184.5 billion, the second highest estimated value in its history. Quarterly returns reflect the estimated …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 … Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s value well above what it … 30, 2020, the Fund had 53.0 percent of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the second quarter of state fiscal year 2016-2017 was 3.51 … 30, 2016, the Fund has 38 percent of its assets invested in publicly traded domestic equities and 16.3 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-results