Search
NYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, 2017, with an estimated value of $197.1 billion, according to New York State Comptroller … to buoy our investments through the opening months of the state fiscal year," DiNapoli said. "As a long term …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… of the Mahopac Volunteer Fire Department ("MVFD”), was sentenced today by U.S. District Judge Cathy Seibel to 77 months in prison for wire fraud, subscription to false tax returns, …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-former-mahopac-vfd-treasurer-sentenced-after-56-million-embezzlementDiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless
… that might render facilities uninhabitable. While it is good that the state has made progress in improving … state and found that 13 only recently became aware of the legal requirement to perform six-month inspections – a …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homelessXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… coding, the agency must use its own Business Unit code on the voucher header and reference the MSC01 Business Unit on the distribution line of the voucher. Agencies should not use the MSC01 Business Unit on the voucher header for any transactions. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unitDiNapoli: As Drug Overdoses Climbed the State Failed to Inspect Residential Drug Treatment Programs
… for 6-month, 1-, 2- or 3-year periods and are subject to recertification following an inspection. Due to the state’s … disaster emergency, the agency suspended all on-site recertification reviews. These reviews are unannounced … 2021, found that all 76 residential programs due for recertification during the audit period were overdue. Of …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-drug-overdoses-climbed-state-failed-inspect-residential-drug-treatment-programsDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… jobs in 2014 (the first job gains since 2011) and is on pace to add nearly 4,000 jobs during 2015. Industry profits … first quarter of 2015 (totaling $6.5 billion) and are on pace to exceed the city’s annual forecast. Over the past …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: Chatham Police Chief Sentenced for Pension Double-Dipping
… Village of Chatham Chief of Police Peter Volkmann was sentenced to pay $92,829 in restitution and perform 200 hours of community service today for defrauding the New York State pension system by …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-chatham-police-chief-sentenced-pension-double-dippingTechnology Transfer Program and Royalty Payments
… if the Research Foundation for the State University of New York (Research Foundation) has taken the appropriate … the State University of New York’s (SUNY) interest in the transfer of technology and royalties received for …
https://www.osc.ny.gov/state-agencies/audits/2020/01/17/technology-transfer-program-and-royalty-paymentsDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… company’s annual meeting on May 18 seeking their support for the Fund’s shareholder proposal calling for an independent audit of the company’s practices related to civil rights, … Chipotle workers filed a coronavirus-related Occupational Safety and Health Administration complaint claiming that …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: State Pension Fund Value $194.3 Billion
… P. DiNapoli today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on investments in the … P DiNapoli today announced the New York State Common Retirement Fund Fund had a 268 percent return on investments …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionNYS Common Retirement Fund Reports First Quarter Results
… Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for … period ending June 30, 2020, with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: State's Fiscal Picture Has Improved, but Impact of Pandemic Revenue Losses Will Linger
… New York State Comptroller Thomas P. DiNapoli today said there are some positive developments for the … of the Debt Reform Act of 2000 are proposed to be suspended again, and would omit more than $19 billion in new … and debt service for borrowing during SFY 2021-22 (also suspended for the current year), as well as the 30-year …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-states-fiscal-picture-has-improved-impact-pandemic-revenue-losses-will-lingerDiNapoli: SED Oversight of Career Training Programs Falling Short
… Education (CTE) programs that are supposed to prepare high school students for future employment are often failing to ready students for …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-sed-oversight-career-training-programs-falling-shortOpinion 95-17
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. IMPROVEMENT DISTRICTS … not raised by the imposition of user charges, be assessed on the properties in the district (Town Law, …
https://www.osc.ny.gov/legal-opinions/opinion-95-17DiNapoli: Better Monitoring of "Leandra’s Law" Enforcement Needed
… said DiNapoli. “Local officials should follow through with law enforcement and report potential violations so that … Child Passenger Protection Act, also known as “Leandra’s Law,” individuals convicted for certain alcohol-related … exceeds the .025 allowable level preset into the IID. The law is named after Leandra Rosado, an 11-year-old who was …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-better-monitoring-leandras-law-enforcement-neededOpinion 89-45
… under Article 78 of the Civil Practice Law and Rules (CPLR). Town Law, §267 authorizes town boards to provide for … defending proceedings commenced under Article 78 of the CPLR. We note that when compensation is paid in this manner, … under Article 78 of the Civil Practice Law and Rules CPLR …
https://www.osc.ny.gov/legal-opinions/opinion-89-45DiNapoli: Number of New Yorkers Going Hungry Increases Despite Improving Economy
… through 2021. Nationally, food insecurity increased for the first time in over a decade to 11.2% during 2020 through 2022. “As the COVID pandemic ended, so did many of the enhanced federal benefits that helped … by $506.4 million, or 142%, from Jan. 2020 to Feb. 2023, when supplemental emergency SNAP allotments ended. SNAP …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-number-new-yorkers-going-hungry-increases-despite-improving-economyDiNapoli: Priceline Commits to Improve Gender and Racial Diversity on its Board of Directors
… shareholder proposal at The Priceline Group Inc. after the company agreed to formally include gender and racial … to commit to board diversity, the company had just one female director. In January, it added a second female director to its now 11-person board. “We encourage our …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-priceline-commits-improve-gender-and-racial-diversity-its-board-directorsState Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources
… capital spending and additional federal funds for health care spending associated with the Affordable Care Act. Spending was $1.4 billion lower than initial and final …
https://www.osc.ny.gov/press/releases/2016/05/state-ends-2015-16-fiscal-year-strong-cash-position-largely-temporary-resourcesDiNapoli & NYC Make it Easier to Save for College
… and New York City officials announced today. "We're making it easier for all New Yorkers, regardless of income level, to … these college savings vehicles to more families will go a long way in helping NYC Kids RISE achieve its important … the obstacles on the path to college and careers, and just how important it is for us to remove these obstacles and …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-nyc-make-it-easier-save-college