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State Comptroller DiNapoli Releases Audits
… over its critical systems. State Education Department: Therapy and Learning Center Inc., Compliance with the …
https://www.osc.ny.gov/press/releases/2017/08/state-comptroller-dinapoli-releases-auditsDiNapoli: State Pension Fund Value $206.9 Billion
… pending audited data available later this year ** Treasury Inflation-Protected Securities About the New York State Common Retirement Fund The New York …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionCity of Salamanca – Selected Financial Activities (2015M-284)
… the Council with cash flow analyses and did not submit casino revenue claims in a timely manner to the Seneca … monthly cash flow statements for the Council and apply for casino revenues in a timely manner. Ensure that City Charter …
https://www.osc.ny.gov/local-government/audits/city/2016/03/04/city-salamanca-selected-financial-activities-2015m-284Falconer Central School District – Financial Management (2024M-52)
… (Board) and District officials properly managed fund balance and reserves. Key Findings The Board and District officials did not properly manage fund balance and reserves. Although our 2009 and 2016 audits … than needed, a significant accumulation of surplus fund balance in excess of the statutory limit and missed …
https://www.osc.ny.gov/local-government/audits/school-district/2024/08/09/falconer-central-school-district-financial-management-2024m-52Henrietta FD – Audit Follow-Up (2021M-27-F)
… The purpose of our review was to assess the Henrietta Fire District’s (District’s) progress, as of January 2025, in … our recommendations in the audit report Henrietta Fire District – Financial Condition (2021M-27) released in … financial condition. Background The District provides fire protection services for the Town of Henrietta in Monroe …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/04/04/henrietta-fd-audit-follow-2021m-27-fFare Revenue Considerations for the Metropolitan Transportation Authority
… 73 percent and 88 percent of pre-pandemic levels by 2026. Bolstering ridership and the revenue it generates by … of growth among all revenue sources between 2022 and 2026, rising by 29 percent. The MTA expects fare revenue … and 2025) to rebound to 32.2 percent of total revenue in 2026, but that remains 10 percentage points lower than its …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityOpinion 96-19
… purchase with town of real property and construction of building for use as town hall and fire station) MUNICIPAL … -- Capital Improvements (joint construction of a building to be used as town hall and fire station) -- Real … with fire district of real property and construction of building for use as town hall and fire station) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-96-19Opinion 93-4
… purpose (Local Finance Law, §§10.00[a], 21.00[a]; see also NY Const, art VIII, §2). Clearly, towns are authorized to … Law (see also Real Property Tax Law, §726[4]; City of Rochester v Chiarella , 65 NY2d 92, 490 NYS2d 174; Cherey v City of Long Beach , 282 NY 382; 1984 Opns St Comp No. 84-32, p 40). With respect to …
https://www.osc.ny.gov/legal-opinions/opinion-93-4Selected Controls Over the Property Tax Assessment Process
… mass updates in the CAMA system did not include the User ID that executed the script (program logic/instruction code) … parcels is clearly documented in CAMA. Ensure that a User ID or Service ID is recorded for every Global Change and mass update. …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processBaldwinsville Central School District – Financial Management (2016M-65)
… to adopt more realistic budgets that avoid raising more real property taxes than necessary and ensure that the amount … unrestricted fund balance is in compliance with the Real Property Tax Law statutory limit. Amounts in excess …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/baldwinsville-central-school-district-financial-management-2016m-65State Comptroller DiNapoli Releases Municipal Audits
… today announced his office completed audits of the Town of Aurora , Town of Roseboom and the Town of Stafford . "In today's fiscal climate, … today announced his office completed audits of the Town of Aurora Town of Roseboom and the Town of Stafford …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-municipal-audits-0Opinion 92-20
… may only be such amount as will legitimately assist in the regulation of the business or occupation and may not exceed …
https://www.osc.ny.gov/legal-opinions/opinion-92-20DiNapoli: State Pension Fund Valued at $283.9 Billion at End of First Quarter
… State Common Retirement Fund (Fund) was $283.9 billion at the end of the first quarter of State Fiscal Year 2025-26, … York State Common Retirement Fund Fund was $2839 billion at the end of the first quarter of State Fiscal Year 202526 …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-pension-fund-valued-283-point-9-billion-end-first-quarterDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed and … of the benefits cost and are determined by investment results over a multi-year period along with numerous other …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionWainscott Common School District – Financial Condition (2013M-268)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial … School District is located in the Towns of East Hampton and Southampton, in Suffolk County. The District is governed …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/wainscott-common-school-district-financial-condition-2013m-268Caledonia-Mumford Central School District – Financial Management (2024M-101)
… However, the District had operating surpluses totaling $5.1 million. Appropriating unneeded fund balance circumvents … statutory limit. Three general fund reserves totaling $1.4 million were not necessary or reasonably funded and the …
https://www.osc.ny.gov/local-government/audits/school-district/2024/12/06/caledonia-mumford-central-school-district-financial-management-2024m-101DiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… 4.51%. “The equity markets had some difficult times in 2022, but the Fund posted positive results for the … quarter,” DiNapoli said. “Market volatility may persist in 2023, but the Fund remains well-diversified and built to … As of Dec. 31, the Fund had 43.49% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… State Common Retirement Fund (Fund) was $254.1 billion at the end of the first quarter of state fiscal year 2023-24. … York State Common Retirement Fund Fund was $2541 billion at the end of the first quarter of state fiscal year 202324 …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterDiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… first quarter based on solid performance in domestic and global equities markets," DiNapoli said. “Our goal is … mortgages (26.6 percent), private equity (7.8 percent), real estate (6.8 percent), absolute return strategy (3.1 percent) …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billion