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NYS Common Retirement Fund Announces First Quarter Results
… over a period of years if not decades, but we always welcome a strong quarter." The Fund's estimated value …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsShared Services Among New York’s Local Governments Best Practices and Tips for Success
Shared Services Among New York’s Local Governments Best Practices and Tips for Success
https://www.osc.ny.gov/files/local-government/publications/pdf/shared-services-among-ny-local-governments.pdfSelected Aspects of Bus Procurement
… in the best value for the lowest cost. The audit covered bus purchases from January 1, 2008 through June 30, 2011. … has seven operating constituent agencies; two of them, MTA Bus and New York City Transit, provide bus service. In 2008, the MTA established its Regional Bus …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementCayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
… taxpayers. Key Findings BOCES officials did not: Develop policies and procedures regarding the procurement of professional services. Seek competition for 28 professional service contracts totaling … some form of competition, and provide guidance as to how competition should be solicited. Ensure that BOCES has …
https://www.osc.ny.gov/local-government/audits/boces/2019/03/22/cayuga-onondaga-board-cooperative-educational-services-procurement-professionalDiNapoli: State Pension Fund Value $206.9 Billion
… in times of uncertainty. The Fund ended the fiscal year just as it began it, as one of the best funded, best managed … strength and stability of our state’s pension fund is good news for the more than one million individuals in the state … 18.70% 8.3% Real Estate 9.01% 6.7% Global Equities 17.49% 5.3% TIPS** 1.25% 3.9% Absolute Return Strategies 5.90% 2.7% …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionNYS Common Retirement Fund Reports First Quarter Results
… bonds and mortgages (21.96%), private equity (11.21%), real estate and real assets (7.96%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsProcurement Practices
… whether the State University of New York – University at Buffalo’s procurement and contracting practices provide … and subsequent information provided by the University at Buffalo through April 5, 2019. About the Program The University at Buffalo (Buffalo) is one of the largest institutions within …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesOffice of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… DiNapoli's Communications Director Jennifer Freeman made the following statement today: "It's disappointing and … to our office five minutes before it was provided to the press. If the agency had reached out to our investment professionals, … DiNapolis Communications Director Jennifer Freeman made the following statement today …
https://www.osc.ny.gov/press/releases/2016/10/office-state-comptroller-response-report-issued-today-department-financial-servicesCost-Saving Ideas: Reviewing Your Revenue Collection Process
… revenue collection alternatives, using measures such as: How long does it take to process a tax or fee payment? How … By becoming more efficient, your local government can possibly increase collections, lower processing costs and increase interest earnings. Use a Bank Having a bank process payments on behalf of your …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… oxford academy school transportation department purchases service contracts …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentAccounts Payable Advisory No. 68
… Moving Service Guidance: This section provides guidance on the requirements agencies must follow when procuring and paying for moving services from the Office of General Services’ centralized contracts. The moving … This section provides guidance on the requirements agencies must follow when procuring and …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… have assurance that goods and services are acquired at the best price and that purchases are being made in the most prudent and economical manner in the best interest of taxpayers. District officials did not: Use a competitive method to procure professional services and insurance coverage from five vendors totaling $102,136. …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155DiNapoli: State Pension Fund Value $192 Billion
… in the fourth quarter, were driven by rising public equity markets,” DiNapoli said. “New York state’s pension fund is at … 17.01 percent. The Fund’s broader approach to fixed income markets over the last year returned 2.91 percent. The Fund’s …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced his appointment of Anastasia Titarchuk as … New York State Comptroller Thomas P DiNapoli today announced his appointment of Anastasia Titarchuk as …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundOpinion 2010-2
… district with a separately elected board of commissioners is not required to sell vehicles that are no longer needed … to which Town Law, article 13 (§ 210 et seq .) applies, 1 is required to sell vehicles that are no longer needed for … in selling unneeded property when competitive bidding is not required by statute, the courts generally have stated …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2VII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… investigators working on confidential assignments, (e.g. narcotics investigations). Other (Advance Account Code 59004) …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… Retirement System (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 increase in rates for the Police and Fire Retirement System (PFRS). DiNapoli is …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredManagement and Control of Overtime Costs (Follow-Up)
… HHC officials lacked assurance that overtime was used only when it was in the best interest of HHC. Moreover, we found indications that overtime was often used when it was not in the best interest of HHC, as employees …
https://www.osc.ny.gov/state-agencies/audits/2014/12/23/management-and-control-overtime-costs-followMount 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)
… whether Wayne Central School District (District) Board of Education (Board) and District officials disposed of District property in a proper and cost effective manner. Key Findings The Board and … whether Wayne Central School District District Board of Education Board and District officials disposed of …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161