Search
Omnibus Procurement Amendments
… Amendments – A.7180/S.6626 (Zebrowski/Krueger) – Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information; authorizing the … of the office of general services and state agencies to develop alternative procurement methods not otherwise …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-1NY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… understand our position clearly. We expect them to support fair treatment of workers throughout their portfolio … workers‘ rights and protections, health and safety, fair compensation, and skills development and training. A …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityNYS 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) 2019-20 … 30, 2019, the Fund had 38.6 percent of its assets invested in publicly traded domestic equities and 15.3 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS 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-resultsExamination of Official Station Designation
… designated the official station of a Department employee in calendar years 2013 and 2014. Background According to the … than any other work location). Such designation is to be in the best interest of the State and not for the convenience … designation of the official station for the employee in calendar years 2013 and 2014 was not made in accordance …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/examination-official-station-designationDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… recent actions taken by the New York State Common Retirement Fund (Fund) to support LGBTQIA+ equity and … equal and inclusive health and other benefits, and employee resource groups. The Comptroller also asks the … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesDiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… contribution rates for the New York State and Local Retirement System (NYSLRS). Employers’ average contribution … increase from 11.6% to 13.1% of payroll for the Employees’ Retirement System (ERS) and from 27.0% to 27.8% of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is made up of these two …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024Selected Aspects of Bus Procurement
… Authority to determine whether it procures buses in a manner which results in the best value for the lowest cost. The audit covered bus … benefit corporation providing transportation services in and around the New York City metropolitan area. The MTA … Authority to determine whether it procures buses in a manner that results in the best value for the lowest cost …
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)
… in a manner to ensure the prudent and economical use of public money in the best interests of taxpayers. Key Findings BOCES officials did not: Develop policies and procedures regarding the procurement of professional services. Seek competition for 28 … in a manner to ensure the prudent and economical use of public money in the best interests of taxpayers …
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
… March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 … billion. “The New York State Common Retirement Fund’s value rose with help from strong markets through most of the …
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
… of New York – University at Buffalo’s procurement and contracting practices provide sufficient assurance that … appropriately, are in the best interest of the State, and adequately safeguard against waste and abuse. Our audit covered procurement and contracting …
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-servicesOxford 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
… 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-servicesTown of Watertown Fire District – Procurement (2022M-155)
… report – pdf] Audit Objective Determine whether the Town of Watertown Fire District (District) Board of Fire Commissioners (Board) used a competitive process to … most prudent and economical manner in the best interest of taxpayers. District officials did not: Use a competitive …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155Cost-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 … service fee to be charged for each transaction. Determine whether your local government will absorb the cost of …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… and the required documentation. Petty Cash (Advance Account Code 59001) The petty cash advance account can be used for the following purposes: Provide … OSC requires Business Units to maintain for all advance account transactions (outlined below), OSC also requires …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesDiNapoli: 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-billionDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… of Anastasia Titarchuk as chief investment officer of the New York State Common Retirement Fund. Titarchuk has served as the Fund’s interim CIO since July 2018. “Anastasia … and talents as a skilled investor are reflected in the success of our state’s pension fund,” DiNapoli said. “She …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fund