Search
NYS Common Retirement Fund Announces Second Quarter Results
… year was -4.13 percent for the three-month period ending Sept. 30, 2015, according to New York State Comptroller … value reflects benefits paid out during the quarter. As of Sept. 30, 2015, the Fund had approximately 37.1 percent of … year was 413 percent for the threemonth period ending Sept 30 2015 according to New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Reports Estimated First Quarter Results
… Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 was -8.24% for the … The Fund ended the quarter with an estimated value of $246.3 billion. “The first three months of the fiscal year brought upheaval to the financial markets …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… also rescinded a planned drawdown from its retiree health benefits trust of $1.6 billion. “The financial plan reflects … city is projecting further improvement in both income and corporate taxes, while revising sales taxes downward and … behavioral changes related to increases in state income or corporate tax rates, which push the city’s combined income …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetDiNapoli: Former Tax Collector Accused of Pocketing $88,000 for Car Loans, Amazon Purchases, Food and Other Expenses
… Colucci allegedly used public money to shop online at Amazon, Stitch Fix, and Chewy.com, and order deliveries from …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-former-tax-collector-accused-pocketing-88000-car-loans-amazon-purchases-food-and-otherDiNapoli: Gaming Commission Slow to Collect Casino Fees
… The state Gaming Commission has made only limited progress fixing … had not collected $13 million owed by casinos. “The Gaming Commission must do a better job staying on top of New York’s ever-expanding gaming footprint. The commission should collect all oversight …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesDiNapoli: Former Ulster County BOCES Criminal Justice Teacher Arrested for Defrauding the NYS Pension System Out of Over $157,000
… one count of retirement fraud. The charges filed in this case are merely accusations and the defendant is presumed …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-ulster-county-boces-criminal-justice-teacher-arrested-defrauding-nys-pension-systemXVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… Basic financial statements for the State of New York are … body for establishing governmental accounting and financial reporting principles. From time to time, GASB will issue statements that prescribe accounting and financial reporting requirements for certain …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsNYS Common Retirement Fund Announces Second Quarter Results
… equities, fixed income, real estate and alternative instruments and has consistently been ranked as one of the …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… State Comptroller Thomas P. DiNapoli. DiNapoli urged the federal government to provide relief, as it has after each of … report. New York City also needs clarity from the federal government. Past recessions highlight the role of federal assistance, not just in the worst years but in a …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… concurrently enrolled in FFS under different CINs (in each case, one of the concurrent enrollments was improper; the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsDiNapoli: Perry Ambulance Service Manager Charged With Embezzlement
… Service Business Manager Darcy J. Conaway was charged this week with grand larceny in the third degree for allegedly … Service Business Manager Darcy J Conaway was charged this week with grand larceny in the third degree for allegedly …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-perry-ambulance-service-manager-charged-embezzlementTransformation of the MTA
… We also determined whether MTA has implemented any aspect of the Transformation Plan (Plan) that resulted in improved … assign, transfer, share, or consolidate any one or more of its powers, duties, functions, or activities, or any department, division or office, or any of those of its subsidiaries or affiliates. The legislation …
https://www.osc.ny.gov/state-agencies/audits/2025/08/08/transformation-mtaNorth Tonawanda City School District – Information Technology (2023M-102)
The objective of this audit is to determine whether North Tonawanda City School District officials properly secured user account access to the network and managed user account permissions in financial and student information applications.
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/north-tonawanda-central-school-district-2023-102.pdfSelected Aspects of the All-Agency Contractor Evaluation System at Long Island Rail Road, Metro-North Railroad, New York City Transit, and Triborough Bridge and Tunnel Authority (2019-S-52) 180-Day Response
To determine whether the Metropolitan Transportation Authority (MTA) is monitoring and evaluating its contractors/consultants in compliance with its All-Agency Contractor Evaluation (ACE) system and taking appropriate action where performance ratings are less than satisfactory.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-19s52-response.pdfU.S. Environmental Protection Agency
I write as Trustee of the New York State Common Retirement Fund (CRF, or Fund), one of the largest public pension plans in the United States, valued at $248.5 billion as of March 31, 2023.
https://www.osc.ny.gov/files/press/pdf/u.s.-environmental-protection-agency-regan.pdfAccess to Preschool Special Education Services (2023-S-1)
To determine if the State Education Department (SED) is effectively overseeing preschool special education in compliance with all applicable laws and regulations to promote timely access to services for children across New York State.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2025-23s1.pdfEPI - Fare Revenue Considerations for the Metropolitan Transportation Authority
Even before the pandemic, the Metropolitan Transportation Authority, which provides transit (subway and bus), express bus, commuter rail and paratransit services to the New York region, faced difficulties in closing its projected budget gaps.
https://www.osc.ny.gov/files/reports/osdc/pdf/fare-revenue-considerations-for-mta.pdfJohnson City Central School District – Special Education Services and Medicaid Reimbursements
Determine whether Johnson City Central School District (District) officials ensured students received services in accordance with their individualized education programs (IEPs) and that the District claimed all Medicaid reimbursements to which it was entitled.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/johnson-city-2021-186.pdfSchalmont Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-35)
Determine whether the Schalmont Central School District (District) used District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to staff.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/schalmont-s9-21-35.pdfMalone Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-32)
Determine whether the Malone Central School District (District) used District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to staff.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/malone-s9-21-32.pdf