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Pension Fund Makes Progress on Board Diversity
… its commitment to diversity at the board level and draw talent and ideas from the deepest possible pool. We will … responsibilities." Research shows that the ability to draw on a wide range of viewpoints, backgrounds, skills and …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… operations and stabilize its future finances, according to a report released today by State Comptroller Thomas P. … regional economy needs the MTA to regain its strength and win back riders to a safe, reliable and on-time transit … the MTA with $1.1 billion annually. Because the state is providing this new assistance now instead of years from …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… in infrastructure needs over the next 20 years, the state should examine both the opportunities that public-private … agreements may include pricing mechanisms that burden the public with unwarranted costs such as excessive … when the private entity promises more than it can deliver or contracts fail to detail the private partner’s obligations …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli Releases Analysis of State Financial Plan
… State Fiscal Year (SFY) 2022-23 Enacted Budget Financial Plan from the Division of the Budget (DOB) projects fiscal … continue to update and expand the COVID-19 Relief Program Tracker to support this effort. Monitoring Risks to Economic …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… SECTION OVERVIEW AND POLICIES The purpose of this section is to outline the issues Business … guest of their choice will receive meals valued at $19 per plate. Result - All costs associated with the awards and the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… due to federal aid, better-than-projected tax revenues, and planned savings, according to a report released today by … previously raised. Still, more can be done to prepare for unforeseen risks and to manage challenges as increased … (involving students with disabilities) and charter school spending. Combined with risks for funding MTA bus and …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… review and approval and for OSC audit. Agencies should use this feature to attach supporting documentation in SFS. … Guidance . There are a variety of documents that can support an accounts payable voucher. Agencies that use … those programs must meet those requirements as well. If you have questions regarding OSC’s access to records, please …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… events. New York stands with the Ukrainan people. We hope for a peaceful resolution.” The Fund estimates it has $110.8 …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… mother’s pension payments. “Ms. White thought she could get away with hiding her mother’s death from the retirement … wrong and now will be held accountable,” DiNapoli said. “I am grateful to Orange County District Attorney Hoovler and … 2017, but the New York State and Local Retirement System did not learn about her death until January 2019. The …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… and fiscal outlook have improved,” DiNapoli said. “Local sales tax collections are up significantly, and our May … 2021-22 Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesCompliance With Executive Order 95 (Open Data)
… whether the Department of Environmental Conservation (DEC) is complying with Executive Order 95 (EO 95), including … entities possess large amounts of valuable information on subjects such as health, business, public safety, parks … publishable State data that it maintains or established a schedule for making the data public, as required by EO 95. …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataOrdinary Death Benefit
… the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… P. DiNapoli made the following statement today in response to the U.S. Securities and Exchange Commission Staff's … York State Common Retirement Fund’s shareholder proposal off the ballot at its annual shareholders’ meeting. DiNapoli … systemic racism. An independent examination of just how Amazon is addressing racial injustice in its workplace, …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditDiNapoli Releases Upper Manhattan Economic Snapshot
… The number of jobs, businesses and people living in Washington Heights and Inwood have reached record levels, … so many young people are making Northern Manhattan their home and raising their families here,” said New York State … or Hispanic. As of 2013 there was a record number of private sector jobs (28,670), but the unemployment rate for …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-upper-manhattan-economic-snapshotDiNapoli Releases State Cash Report
… Tax revenues of $3.9 billion in May were stronger than projected, with collections for the fiscal year now … Fund balance totaled $9.6 billion at the end of May, up more than 31 percent since March 31. “Personal income tax … $296.6 million, higher than last year and $409.5 million less than projections. State operations totaled $3.1 billion …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… Thomas P. DiNapoli urged New York City officials to better prepare for financial downturns by evaluating the … city’s rainy-day reserve fund, establishing targets for how much should go into the fund each year and setting the … and the city council not only have an opportunity to build these reserves in the near term, but also to shape the …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… program contributed to delays in urgent home repairs for seniors. The audit found the agency needs to do more to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersLinkNYC Program Revenues and Monitoring
… force and effect as a PPT. Links were to be built at no cost to the City and were projected to generate over $500 … the required annual fee schedule as well as the Link installation schedule over the contract period, and … issues or the subject of public complaints. Execute the installation and activation terms of the Agreement, as …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… to DEC and the local health department within two hours of discovery and to notify the public and nearby municipalities within four hours of discovery. Exposure to untreated sewage can cause serious …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli: Former Medical Office Manager Pleads Guilty to Defrauding New York State Health Insurance Plan
… the New York State Police. “Ms. Bradshaw thought she could game New York State’s employee benefit system by submitting …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-former-medical-office-manager-pleads-guilty-defrauding-new-york-state-health-insurance-plan