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Amazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… New York State Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) to fellow Amazon … to live up to that commitment,” DiNapoli, Trustee of the New York State Common Retirement Fund, said. “In the wake of …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionDiNapoli Announces $15 Million Investment in Northern Ireland
… capital firm Crescent Capital. The allocation followed an intensive analysis by 57 Stars LLC, the manager of the … in Northern Ireland. “We’ve found a dynamic opportunity to provide the New York State Common Retirement Fund with a … in the peace process and represents a continuing commitment by Comptroller DiNapoli to job creation as the …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandTown of Cohocton – Procurement (2025M-13)
… practices? Audit Period January 1, 2023 – January 31, 2025 Understanding the Program Generally, municipal purchases … for helping ensure that goods and services are acquired in a cost-effective manner is to seek competition that is often required by New York State law or …
https://www.osc.ny.gov/local-government/audits/town/2025/07/03/town-cohocton-procurement-2025m-13DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… their boards. In situations where a company has just one woman on its board, the Fund will vote against members of the … boards and more than 700 companies that have just one woman on their board. Research has demonstrated that having …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsShareholders Cheer Lowe's New Green Energy Initiatives
… shareholders, home improvement superstore Lowe's announced Monday that it was making significant progress towards … shareholders home improvement superstore Lowes announced Monday that it was making significant progress towards …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesNYS Comptroller DiNapoli Files Suit Against Wynn Resorts' Board of Directors
… action against officers and directors of Wynn Resorts Ltd. The derivative action alleges that certain officers and … action against officers and directors of Wynn Resorts Ltd …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-files-suit-against-wynn-resorts-board-directorsNew York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… up, misconduct that lasted for more than a decade. Our suit seeks to hold the board and its directors accountable …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceDiNapoli Announces New Technology Investment Through Contour Venture Partners
… in 256 companies. For more information on the program, visit: http://www.osc.state.ny.us/pension/instate/ About the … market cycles since the late 1980s. For more information, visit: http://www.contourventures.com/ …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersDiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… On the one-year anniversary of the January 6 attack on the U.S. Capitol, New York State Comptroller … is a priority for our pension fund and, since the Citizens United ruling, we have focused on increasing … the Winston-Salem, N.C.-based company. Previously, the 2021 CPA-Zicklin Index of Corporate Political Disclosure and …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyTown of Middleburgh – Claims Audit Process (2023M-56)
… [read complete report – pdf] Audit Objective To determine whether the Town of Middleburgh (Town) Town … audit claims prior to approving them for payment. As a result, the risk is increased that claims could have been … all claims without a thorough and deliberate review. 11 debit card purchases totaling $2,425 were not approved by the …
https://www.osc.ny.gov/local-government/audits/town/2023/07/07/town-middleburgh-claims-audit-process-2023m-56Fishers Island Waste Management District -- Purchasing (2015M-292)
… Purpose of Audit The purpose of our audit was to evaluate the District’s purchasing … contract to a vendor who does not submit the lowest bid or quote. …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292XIX.2.A Project IDs and Description – XIX. Project Costing (PCIP)
… SFS is an internal identifier to capture costs related to a project. Project IDs are selected on transactions and … Project Costing for billing and reporting purposes. When setting up projects in SFS, agencies should use the best practice of … SFS is an internal identifier to capture costs related to a project …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix2a-project-ids-and-descriptionU-Crest Fire District #4 – Travel Expenditures (2017M-35)
… examine the District’s travel expenditures for the period January 1, 2015 through December 5, 2016. Background The … incidental travel expenditures, which exceeds the per diem rates set by the federal General Services Administration … could have saved up to $12,800 if discounted conference hotel rates were used when available. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/04/26/u-crest-fire-district-4-travel-expenditures-2017m-35Manchester-Shortsville Central School District – Instructional Complex Capital Improvement Project (2021M-103)
… or have assurance that officials obtained services at the best cost. Officials added another project phase totaling …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/manchester-shortsville-central-school-district-instructional-complexScience Academies of New York Charter Schools – Purchase versus Lease of Buildings (2017M-279)
… appropriate cost-benefit analysis when deciding whether to lease or purchase school buildings for the period July 1, … did not analyze purchasing options before deciding to lease buildings. We estimate SANY could have achieved savings … Academies of New York Charter Schools Purchase versus Lease of Buildings 2017M279 …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/03/30/science-academies-new-york-charter-schools-purchase-versus-lease-buildingsAccounts Payable Advisory No. 47
… check, electronic payment (ACH) or with the PCard. It is a best practice for agencies to use POs for all planned …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useOversight of Mental Health Education in Schools
… districts have the necessary mental health education in place as required by law. We also sought to determine what mental health services are available at the school districts. Our audit … isolation, and other unexpected changes to their lives. In mid-March 2020, schools across the United States, …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… aim to achieve just that. As we start the 2024 proxy season, I am confident that our stewardship efforts will … in advance of shareholder meetings during the 2024 proxy season and will post all votes cast at the end of the year. … . 2024 Shareholder Proposals During the 2024 proxy season, the Fund expects a number of its shareholder …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesOpinion 99-14
… This opinion represents the views of the Office of the State Comptroller at the time … a contract for public work subject to competitive bidding under General Municipal Law, §103 if it involves a direct or … the tanks and equipment. You ask whether this transaction is more appropriately characterized as a sale by the town of …
https://www.osc.ny.gov/legal-opinions/opinion-99-14Independent Oversight: OSC's Contract Review Safeguards Public Funds
… Fiscal Year (SFY) 2022-23 allowed at least $11 billion in spending without a competitive process or the benefit of … an OSC review. These actions build on exclusions adopted in prior budgets that have significantly eroded the … OSC’s Contract Review Under Section 112 of State Finance Law , the Comptroller is required to review and approve …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-funds