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DiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… New York State Comptroller Thomas P. DiNapoli today announced employer contribution rates for the New York … a constant in financial markets, but the rates announced today will help ensure that New York’s pension fund will … New York State Comptroller Thomas P DiNapoli today announced employer contribution rates for the New York …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024DiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… Buy Co., questioning whether the company has retreated from its longtime commitment to inclusivity and support for … screen donations to LGBTQIA+ charities following pressure from a shareholder. Media reports also stated that Best Buy agreed to prohibit donations from its employee resource groups to a specific list of six …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesNew York State Comptroller Thomas P. DiNapoli Gives Best Wishes For New Year, 01/01/15
… “New Year's Day is a fresh start and a time to embrace new goals derived from lessons learned over the past year. Across the state from Buffalo to Brooklyn to Babylon and from the Southern Tier to the … New Years Day is a fresh start and a time to embrace new goals derived from …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115DiNapoli: State Pension Fund Value $206.9 Billion
… Equities 17.49% 5.3% TIPS** 1.25% 3.9% Absolute Return Strategies 5.90% 2.7% Cash 1.71% 0.9% Non-Core Fixed Income …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionProcurement Practices
… whether the State University of New York – University at Buffalo’s procurement and contracting practices provide … assurance that funds are spent appropriately, are in the best interest of the State, and adequately safeguard against … in place to ensure that spending is appropriate and in the best interest of the State. Key Findings Our review of $8 …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesNYS Common Retirement Fund Reports First Quarter Results
… Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was … State Common Retirement Funds Fund estimated return in the first quarter of the State Fiscal Year SFY 202122 was 582 for …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsOffice of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… is one of the best managed and best funded public pension funds in the country. We will provide a full response after a …
https://www.osc.ny.gov/press/releases/2016/10/office-state-comptroller-response-report-issued-today-department-financial-servicesOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… procured and monitored transportation contracts in the best interest of taxpayers. Key Findings District officials … contracts were procured and monitored in the best interest of taxpayers. District officials did not: …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentTown of Watertown Fire District – Procurement (2022M-155)
… procured as required by the District’s procurement policy. As a result, the Board and District officials do not … a competitive method to procure professional services and insurance coverage from five vendors totaling $102,136. … $77,767. Key Recommendations Update the procurement policy to provide officials with additional guidance for …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155Accounts Payable Advisory No. 68
… agencies must follow when procuring and paying for moving services from the Office of General Services’ centralized contracts. The moving services … agencies must follow when procuring and paying for moving services from the Office of General Services centralized …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesCost-Saving Ideas: Reviewing Your Revenue Collection Process
… using measures such as: How long does it take to process a tax or fee payment? How many total collections are … What is the cost per transaction? How convenient is the process for residents? By becoming more efficient, your local … and increase interest earnings. Use a Bank Having a bank process payments on behalf of your local government can …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… grateful for the trust Comptroller DiNapoli has placed in me over the years,” Titarchuk said. “Working with the Fund’s …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… (District) Board and District officials procured natural gas at the most favorable terms and in the best interest of … The Board and District officials did not procure natural gas in accordance with New York State General Municipal Law … Board and District officials: Did not monitor the natural gas rates charged by the energy supply company (ESCO) or …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91Wayne Central School District – Property Disposal (2021M-161)
… its surplus property. District officials generally agreed with our recommendation and indicated they would take …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161Management and Control of Overtime Costs (Follow-Up)
… included in our initial audit report, Management and Control of Overtime Costs (Report 2009-N-15). Background … 7, 2012, determined that HHC did not effectively manage and control its overtime costs. As a result, HHC officials … New York City Health and Hospitals Corporation: Management and Control of Overtime Costs (2009-N-15) …
https://www.osc.ny.gov/state-agencies/audits/2014/12/23/management-and-control-overtime-costs-followOpinion 2010-2
… opinion. PERSONAL PROPERTY -- Disposition of (procedures for selling unneeded vehicles by town water district) WATER … separately elected board of commissioners is not required to sell vehicles that are no longer needed for district purposes pursuant to a competitive bidding process. The method of sale chosen, …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2Cayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
… services were procured in a manner to ensure the prudent and economical use of public money in the best interests of … Key Findings BOCES officials did not: Develop policies and procedures regarding the procurement of professional … $1.2 million. Key Recommendations Develop policies and procedures for procuring and awarding professional …
https://www.osc.ny.gov/local-government/audits/boces/2019/03/22/cayuga-onondaga-board-cooperative-educational-services-procurement-professionalSelected Aspects of Bus Procurement
… We audited the Metropolitan Transportation Authority to determine whether it procures buses in a manner which results in the best value for the lowest cost. The audit covered bus … In 2008, the MTA established its Regional Bus Operations to consolidate the maintenance and transportation operations …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… (NYSLRS) employer contribution rates for State Fiscal Year 2020-21 will remain the same as the previous year for the Employees’ Retirement System (ERS) with a small … System NYSLRS employer contribution rates for State Fiscal Year 202021 will remain the same as the previous year for the …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-lowered