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NYS Common Retirement Fund Announces Third Quarter Results

… The New York State Common Retirement Fund’s overall return in the …

https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-results

DiNapoli Releases Analysis of State Budget Financial and Capital Plans

… Financial Plan projects healthy growth in tax receipts and federal aid for the current fiscal year, but raises concerns … baseline growth levels in coming years, but it is unclear how necessary savings might be achieved. PIT receipts, which … economic downturn. DiNapoli’s report also notes: Federal funding : Federal receipts are projected to increase nearly …

https://www.osc.ny.gov/press/releases/2019/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plans

DiNapoli: Special Education Contractor Convicted for $2 Million Fraud

… to 24 months incarceration and ordered to pay $2,151,318 in restitution and forfeit another $1,924,318. “Cheon Park … bring Park to justice and recover stolen taxpayer money.” In July 2012, DiNapoli’s office issued an audit of Bilingual … County District Attorney’s Office for their collaboration in this investigation. DiNapoli has identified fraud and …

https://www.osc.ny.gov/press/releases/2014/09/dinapoli-special-education-contractor-convicted-2-million-fraud

DiNapoli Announces New Technology Investment Through Contour Venture Partners

… Venture Partners, an investment partner of the New York State Common Retirement Fund (Fund), New York State Comptroller Thomas P. DiNapoli announced today. The …

https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partners

Audit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract

… The Empire State Development Corporation (ESDC) spent $211 million on an advertising contract to promote economic development and tourism in New …

https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contract

DiNapoli Releases July State Cash Report

… State income tax collections increased $88.2 million in July from a year earlier, helping lift the state’s total tax collections slightly above updated …

https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-report

DiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year

… State tax receipts totaled $51.5 billion through the first six months of State Fiscal Year (SFY) 2023-24, $1.7 billion higher than …

https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-year

DiNapoli: Public Authority Debt Ballooned to $329 Billion

… State and local public authorities reported debt outstanding … since 2017, according to a report released today by State Comptroller Thomas P. DiNapoli. “Many of New York’s …

https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billion

Allocation, Billing, and Collection of Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act (Follow-Up)

… ensure that the operators of motor vehicles registered in New York possess adequate insurance coverage, or are … programs and assess these expenses on insurance carriers in proportion to their reported premiums. The objective of … the expenses of administering the Acts. We found that, in general, the Department was appropriately allocating, …

https://www.osc.ny.gov/state-agencies/audits/2021/05/27/allocation-billing-and-collection-expenses-administering-motor-vehicle-financial-security

Grand Gorge Fire District – Conflict of Interest and Claims Auditing (2020M-151)

… ] Audit Objective Determine whether the Grand Gorge Fire District’s (District) Board of Fire Commissioners (Board) ensured …

https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/01/grand-gorge-fire-district-conflict-interest-and-claims-auditing-2020m-151

DiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off

… and bridge projects have been shortchanged because the state continues to use money in the Dedicated Highway and … debt from past projects and cover the operating costs for state agencies, according to a report by New York State Comptroller Thomas P. DiNapoli. Similar concerns were …

https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-off

NYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record

… according to annual estimates released today by New York State Comptroller Thomas P. DiNapoli. The estimated bonuses … securities industry accounted for 18% ($14.9 billion) of state tax collections in state fiscal year (SFY) 2021 and 7% …

https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-record

XI.4 Overview – XI. Procurement and Contract Management

… by ensuring that critical services are provided. Not-for-profit entities generally provide these services. … of these agreements, including delineation of requirements for the assessment, suspension or waiver of interest … related to grant contracting, specifically: Not-for-Profit Prompt Contracting Standard Contract Language for …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4-overview

XI-A.8 Payment Tolerances – XI-A. Purchasing

… section is to advise Business Units that the Office of the State Comptroller (OSC) approved the use of select payment … Financial System (SFS) for preferred source, centralized contract, and discretionary purchases; effective when the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a8-payment-tolerances

Opinion 94-2

… 80-23, 89 and 3 Opns St Comp, 1947, p 551 are superseded to the extent inconsistent. You ask whether a city may adopt … in this chapter, local authorities shall have no power to pass, enforce or maintain any ordinance, rule or … fees. Vehicle and Traffic Law, §1200(c) states that "[w]hen parking is prohibited by this article, or by local law, …

https://www.osc.ny.gov/legal-opinions/opinion-94-2

Opinion 88-64

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … authorities are public corporations established by the State Legislature and have such powers and duties as may be … section does not include public benefit corporations, to contract to provide health insurance for their officers and …

https://www.osc.ny.gov/legal-opinions/opinion-88-64

Opinion 90-15

… that bear on the issues discussed in the opinion. POLICE AND POLICE PROTECTION -- Police Department (establishment of … of deputy town police commissioner) TOWN BOARD -- Powers and Duties (establishment of position of deputy town police commissioner) LOCAL LAWS -- Abolition and Creation of Municipal Positions and Departments …

https://www.osc.ny.gov/legal-opinions/opinion-90-15

Administration of the CityFHEPS Program for Department of Homeless Services Shelter Residents

… the Welfare Management System, the system of record for various social services programs in New York. For example, data shared between the two systems helps identify households who are potentially eligible for CityFHEPS. Households who are identified from the match …

https://www.osc.ny.gov/state-agencies/audits/2024/10/30/administration-cityfheps-program-department-homeless-services-shelter-residents