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Message from the Comptroller – 2022 Financial Condition Report
… for revenue, spending, capital investments and debt. It highlights major issues in programmatic areas ranging from …
https://www.osc.ny.gov/reports/finance/2022-fcr/message-comptrollerDiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… the COVID-19 pandemic created a crisis for many students in New York, but not enough is being done to make sure they … Centers for Disease Control and Prevention reported that in 2020, mental health emergency room visits rose 24% among … 5- to 11-year-olds and 31% among 12- to 17-year-olds. In December 2021, the U.S. Surgeon General issued a warning …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schoolsDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionInvestors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… week asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder proposal for information on how the company will be impacted by public policies …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… New York State Comptroller Thomas P. DiNapoli, trustee of the New … Fight Antisemitism. DiNapoli announced his action Saturday night at the Stand With Israel event at the Hampton Synagogue … Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United States. …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… New York State Comptroller Thomas P. DiNapoli today announced … bonds, and mortgages (21.18%), private equity (13.64%), real estate and real assets (10.00%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnSelected Procurement and Contracting Practices
… audit covers the period April 1, 2012 through September 3, 2014. Background The State University of New York (SUNY) … SUNY’s non-personal services expenditures are more than $3 billion annually. System Administration is responsible for … in other areas – such as the current limits on procurement card transactions – SUNY should consider revising its …
https://www.osc.ny.gov/state-agencies/audits/2015/07/06/selected-procurement-and-contracting-practicesDiNapoli: Wall Street Bonuses Edge Up in 2014
… State tax collections in state Fiscal Year 2013-14. See a video on this report at Wall Street Bonus Report video . See the chart showing the Comptroller's estimates of …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014DiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety
… denial of labor rights. Greater corporate accountability for workers' rights can create stronger companies and … office has worked closely with the NYU Stern Center for Business and Human Rights to urge companies to develop … business leaders as well as shareholders to set standards for human rights performance across multiple industries. …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safetyContract Advisory No. 31
… the contract identification number based on OGS guidance and the appropriate Audit Type below. SFS users will submit the agreement (contract) and procurement record documents to OSC through the … Description should contain the group number, award number and OGS contract number. The contract value should equal the …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/31-purchases-ogs-centralized-contractsDiNapoli and Hein Announce Training For Fire Districts and EMS Agencies
… Thomas P. DiNapoli today announced his office will conduct a training session in cooperation with Ulster County … checks and balances,” DiNapoli said. “Prevention is the best way to protect public funds.” “The vast majority … 845-331-7000 or send an email to [email protected] . What: State Comptroller’s Training on Fire District …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-and-hein-announce-training-fire-districts-and-ems-agenciesDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… and trends that could impact district budgets now and in the future. It is a useful tool to better inform … about local and statewide issues.” Revenue Picture In the 2017-18 school year, districts received $40.6 billion in revenues, which included state and federal aid, the School …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityTompkins County Industrial Development Agency – Project Approval and Monitoring (2021M-143)
… information is accurate. The Board did not ensure payments in lieu of taxes (PILOTs) were billed and paid in accordance with PILOT agreements. As a result, a business …
https://www.osc.ny.gov/local-government/audits/county/2021/12/17/tompkins-county-industrial-development-agency-project-approval-and-monitoringTown of Homer – Conflict of Interest (2022M-148)
… Town of Homer (Town) officials had prohibited interests in Town contracts. Key Findings One Board member is the … the Board member had a prohibited conflict of interest in the welding company’s contracts with the Town pursuant to … Adopt procedures to help prevent prohibited interests in contracts. Town officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/town/2022/12/23/town-homer-conflict-interest-2022m-148DiNapoli Statement on Retirement of Rep. Carolyn McCarthy
… New York and Long Island will lose a strong advocate with the … next year. After a gunman took her husband from her and injured her son, she turned her personal tragedy into a … for her good health, and thank her deeply for more than two decades of dedicated service to Long Island, to New York …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-statement-retirement-rep-carolyn-mccarthyMessage from the Comptroller – 2021 Financial Condition Report
… COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to the multitude of challenges. The …
https://www.osc.ny.gov/reports/finance/2021-fcr/message-comptrollerSchoharie Central School District - School Lunch Operations (2019M-19)
… one at the District performed a cost-per-meal equivalent (ME) or meals-per-labor-hour analyses (MPLH). District officials could have saved almost $2,000 in three months if they purchased milk from the New York … bid. Key Recommendations Periodically complete cost-per-ME and MPLH analyses. Ensure the District obtains the best …
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/19/schoharie-central-school-district-school-lunch-operations-2019m-19Accounts Payable Advisory No. 46
… Proper Invoice, agencies must reject the invoice. It is a best practice for agencies to notify the vendor within one business day of … information. See the Guide to Financial Operations XII.4.F for more detail. Reference : For additional information on a …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/46-proper-invoiceMount Vernon City School District – Procurement of Natural Gas (2019M-91)
Determine whether the Mount Vernon City School District (District) Board and District officials procured natural gas at the most favorable terms and in the best interest of District taxpayers.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/mount-vernon-2019-91.pdfDiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… DiNapoli today announced his appointment of Navyug “Nav” Patel as deputy chief investment officer of the New York State Common Retirement Fund. Patel has served as the Fund’s interim deputy CIO since July …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fund