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NYS Common Retirement Fund Announces Second Quarter Results
… Fund’s (Fund) overall return in the second quarter of state fiscal year 2016-2017 was 3.51 percent for the … period ending Sept. 30, 2016, with an estimated value of $184.5 billion, according to New York State Comptroller … its first quarter on June 30, 2016 with an overall return of 2 percent and an estimated value of $181 billion. Prior to …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Orders Divestment of Russia Holdings
… P. DiNapoli, sole trustee of the New York State Common Retirement Fund (Fund), today announced that he has directed … companies and continued his prohibition of any further investments in them. On March 1, following Russia’s invasion … high investment risk. About the New York State Common Retirement Fund The New York State Common Retirement Fund is …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdingsXII.9.F Correcting Payments Processed Against the Incorrect Purchase Order – XII. Expenditures
… will impact the available purchase order balances for the two purchase orders affected. Therefore, it is important for … must correct the accounting by processing a voucher with two separate transactions netting to zero, as follows: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9f-correcting-payments-processed-against-incorrect-purchase-orderNYS 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) 2021-22 … swings. We are one of the best funded retirement systems in the nation because we look ahead and manage risk.” The … June 30, 2021, the Fund had 53.68% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2021-22 was … State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 202122 was 115 …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsTown of Reading – Financial Management (2013M-217)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial condition and budgeting practices for … The purpose of our audit was to evaluate the Towns financial …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-reading-financial-management-2013m-217Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… Background The Town of Hopewell is located in Ontario County. The Town is governed by the Town Board, which … The Town’s main operating funds include the general fund, highway fund and water fund. For the 2012 fiscal year, … in each of the fiscal years 2008 through 2012. The highway fund reported deficit unexpended fund balances of …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said. “The … growth. The Fund’s diversified asset allocation continued to help generate strong positive returns. The financial … last few years but our investment strategy has allowed us to capitalize on opportunities and minimize risks.” Returns …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
… been partially implemented. Key Recommen dation Officials at SED and OCFS are given 30 days after the issuance of the …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followNY State Comptroller Announces Appointment of Emerging Managers Director
… State Common Retirement Fund’s (Fund) Emerging Manager Program. He was appointed Interim Director of the Program in February 2023. “Sylvester McClearn has a long and … he will help expand our successful Emerging Manager Program and uphold its role as a pathway to growth for …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
… because we have confidence in the spirit of innovation and tenacity of Israeli people and in the strength of our … equals a spread of +138 basis points versus the 10-Year Treasury at the time of purchase. The state pension fund has … always be standing with you.” said Howard L. Goldstein, US and International chairman of the board of directors for …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsCity of Amsterdam - Budget Review (B22-5-3)
… [ read complete report - pdf ] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2022-23. Background Chapter 531 of the Laws of … the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Findings City …
https://www.osc.ny.gov/local-government/audits/city/2022/04/27/city-amsterdam-budget-review-b22-5-3State Agencies Bulletin No. 2227
… Purpose: As we prepare for enactment of the 2024-25 NYS budget, OSC would like to provide notice of the possible impact to … and release of direct deposit funds and advices should the NYS budget be late and a budget extender bill is not passed. … As we prepare for enactment of the 202425 NYS budget OSC would like to provide notice of the possible …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2227-paycheck-distribution-and-release-direct-deposit-funds-preparationState Agencies Bulletin No. 2328
… should the NYS budget be late and a budget extender bill is not passed. Affected Employees: All Employees* paid … the SFY 2025-26 budget is not passed or a budget extender bill to provide for the continuing operation of State … Governor signs the 2025-26 NYS budget or a budget extender bill. Effective Dates: OSC has created the attached …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2328-paycheck-distribution-and-release-direct-deposit-funds-preparationHomeland Security Grant Program – Federal Funding and New York
… Grant consists of three individual grant programs: State Homeland Security Program (SHSP), Urban Area Security … training and exercises for law enforcement personnel. The State’s Administering Agency, the New York State Office of … local or tribal units of government. Eligibility is based on risk assessment and the anticipated effectiveness of the …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/homeland-security-grant-programC.H. Evans Hook and Ladder Company No. 3 – Missing Funds (2013M-194)
… Company’s financial operations for the period October 1, 2009, to January 2, 2013. Background The C. H. Evans Hook and … $34,000 of the Company’s funds during the period October 2009 to December 2012. In addition, during this period, the … the Companys financial operations for the period October 1 2009 to January 2 2013 …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/01/ch-evans-hook-and-ladder-company-no-3-missing-funds-2013m-194Town of East Hampton – Peconic Bay Community Preservation Funds (P7-23-23)
… the CPF bank account during the audit period, we reviewed 10 deposits totaling $41.7 million. All 10 deposits we reviewed were properly receipted, deposited …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-east-hampton-peconic-bay-community-preservation-funds-p7-23-23Use of New York State Snowmobile Trail Development and Maintenance Funds
… Snowmobile Trail Development and Maintenance Fund is used for its intended purpose. Background In 1985, the New York … (Program) administered by Parks. Parks is responsible for authorizing payments, monitoring the Program, and planning for the development and maintenance of safe snowmobile trails …
https://www.osc.ny.gov/state-agencies/audits/2013/01/02/use-new-york-state-snowmobile-trail-development-and-maintenance-funds-0DiNapoli: Former City of Corning Clerk Arrested for Stealing Public Funds
… of Corning clerk Stephanie Burlew. She was charged with grand larceny in the third degree, a class D felony, for … permit fees; code enforcement fees; utility receipts; water and sewer fees; and parking summons fees. “I‘m dismayed that …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-former-city-corning-clerk-arrested-stealing-public-fundsOpinion 2000-2
… RULE LAW, §10(l)(i): A village, by resolution, may provide for bands, movies and similar events as part of its … youth programs. It also may enter into agreements with not-for-profit agencies accepting federal funds pursuant to the … In addition, it may, by local law, further provide for the promotion of literary, graphic, dramatic and …
https://www.osc.ny.gov/legal-opinions/opinion-2000-2