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Examination of Official Station Designation
… Purpose The objective of our examination was to determine if the Department properly designated the official station of a Department employee in calendar years 2013 and 2014. … The objective of our examination was to determine if the Department properly designated the official station of a …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/examination-official-station-designationNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period … The New York State Common Retirement Funds Fund overall return in the …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Pension Fund Value $206.9 Billion
State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund earned an estimated 1135 percent return on investments
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionProcurement Practices
… About the Program The University at Buffalo (Buffalo) is one of the largest institutions within the State … in law and elsewhere, are in place to ensure that spending is appropriate and in the best interest of the State. Key … a process for low-bid selection that includes evaluating parts and materials price lists for custodial equipment …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Funds Fund estimated return in the first quarter of the State …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… It is in the State’s best interest to use cost effective payment methods and to … may be combined with one petty cash check being issued in an amount over $250. Pay for invoices that exceed $250 if … It is in the States best interest to use cost effective payment …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesOffice of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… would issue such an uninformed and unprofessional report. This report was emailed to our office five minutes before it …
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
… which are collected with taxes.) Ensure that the service provider complies with statutory requirements and that proper … transaction date, the amount paid, a unique confirmation number and a notice to the taxpayer to print out and retain … payments. Resources New York State Office of General Services: Electronic Value Transfer Contract New York State …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processAccounts Payable Advisory No. 68
… Subject: GFO Section XII.10.D Updates Reference: Guide to Financial Operations (GFO), Chapter XII, Section … reviewing the vendor’s invoice, and reviewing certified payroll records. The guidance has been refreshed to include …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… assurance that goods and services are acquired at the best price and that purchases are being made in the most prudent …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155Oxford 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-departmentDiNapoli: 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
… 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-fundOpinion 2010-2
… to a competitive bidding process ( see e.g. 1992 Ops St Comp No. 92-23, at 57). In describing a local government's … v Gallagher , 96 AD2d 933, 466 NYS2d 381; 1999 Ops St Comp No. 99-14, at 31; 1993 Ops St Comp No. 93-21, at 36; 1990 Ops St Comp No. 90-37, at 84; …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2New 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 … Across the state from Buffalo to Brooklyn to Babylon and from the Southern Tier to the North Country, let us seek … to move our state forward. I'm excited about the new year and all that it will bring with it including new …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… assumed rate of return on investments from 7 percent to 6.8 percent, anticipating a lower return investment … have changed. In 2010, he decreased the rate from 8 percent to 7.5 percent, and in 2015 to 7 percent. The … to a two-year projection of their annual pension bill six weeks earlier than in previous years. Employers use this …
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)
… 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 … Related Audit/Report of Interest New York City Health and Hospitals Corporation: Management and Control of Overtime …
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)
… procured natural gas at the most favorable terms and in the best interest of District taxpayers. Key Findings The Board and District officials did not procure natural gas in accordance with New York State General Municipal Law … procured natural gas at the most favorable terms and in the best interest of District taxpayers …
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)
… and indicated they would take corrective action. 1 Wayne CSD – Financial Management and Property Purchase and …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… New York State Common Retirement Fund (Fund), will retire this summer after a six-year tenure. "Under Vicki’s … the New York State Common Retirement Fund Fund will retire this summer after a sixyear tenure …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fund