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Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… York State Comptroller Thomas P. DiNapoli and the Church of England’s investment fund, the Church Commissioners, this … the spring. Investors responded to ExxonMobil’s move in a letter to the SEC on Monday. “ExxonMobil risks becoming an … about the financial risks of climate change, yet Exxon is standing still as the world changes around it,” said Shanna …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeShareholders to Exxon: It's Time to Address Climate Change
… than 60 institutional investors — will urge the company to address climate change risk. At the meeting, ExxonMobil's … hear directly from major shareholders who want the company to assess and report on how its business model will adjust to the worldwide effort to limit climate change. "Combating …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-exxon-its-time-address-climate-changeSylvan Beach Fire District – Internal Controls Over Financial Operations (2013M-76)
… Purpose of Audit The purpose of our audit was to determine if the District’s controls are adequate to ensure that financial activity is properly recorded and … for the 2012 fiscal year. Key Findings The Board needs to improve its oversight of District financial activities. …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/06/07/sylvan-beach-fire-district-internal-controls-over-financial-operationsSwan Lake Fire District – Internal Controls Over Financial Operations (2013M-258)
… Ensure that all applicable purchases comply with competitive bidding requirements prior to approving the … contracts. Adopt an investment policy. Provide the Board with budget status reports on a monthly basis. Reconcile the …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/29/swan-lake-fire-district-internal-controls-over-financial-operations-2013mClaryville Fire District – Internal Controls Over Financial Operations (2013M-167)
… has adopted a code of ethics, but it has not adopted an investment policy or a procurement policy. The Board also has … because the Treasurer had not reconciled the cash and bank balances. The Board does not perform, or contract for, … for proper District purposes. Key Recommendations Adopt an investment and procurement policy. Ensure that formal written …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/30/claryville-fire-district-internal-controls-over-financial-operations-2013mWestford Fire District – Internal Controls Over Financial Operations (2013M-270)
… Purpose of Audit The purpose of our audit was to determine whether District controls are … 1, 2013. Background The District is a district corporation of the State, distinct and separate from the Town of Westford … The purpose of our audit was to determine whether District controls are …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/westford-fire-district-internal-controls-over-financial-operations-2013mLincoln Fire District – Financial Activities (2012M-228)
… operations for the period January 1, 2011, through August 31, 2012. Background The Lincoln Fire District is located in … a code of ethics, which are required by law. As of August 31, 2012, the District reported an equipment capital reserve … reserve fund as required. From January 1, 2010, to August 31, 2012, the Board financed the reserves with budgetary …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/01/25/lincoln-fire-district-financial-activities-2012m-228Afton Fire District – Internal Controls Over Financial Operations (2013M-248)
… Although the Treasurer prepares monthly reports to account for the District’s financial activities and files an …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/afton-fire-district-internal-controls-over-financial-operations-2013m-248NYS Common Retirement Fund Announces Third Quarter Results
… strategy is geared toward consistently achieving long term results but we watch the markets closely to … mortgages (27.6 percent), private equity (7.8 percent), real estate (6.6 percent), absolute return strategy (3.1 percent) …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… billion, according to New York State Comptroller Thomas P. DiNapoli. “Prudent management has nurtured the Fund’s growth despite market volatility,” DiNapoli said. “We continue to seek out diverse opportunities … opportunistic alternatives and real assets (0.8 percent). DiNapoli initiated quarterly performance reporting by the …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsSlaterville Springs Fire District – Internal Controls Over Financial Operations (2013M-315)
… example, the Board did not review the Treasurer’s monthly bank reconciliations and no one compared the financial activity recorded to the bank statements and/or cancelled check images on a monthly … to the bank statement, and ensuring that the Treasurer accounts with the Board annually. File the annual financial …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/24/slaterville-springs-fire-district-internal-controls-over-financialTown of Oneonta Fire District – Internal Controls Over Financial Operations (2013M-243)
… District moneys. Specifically, the Board did not: Adopt an investment policy or a code of ethics, Issue a W-2 form for … that provide guidance for District officials, including an investment policy and code of ethics. Issue a W-2 form for …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/town-oneonta-fire-district-internal-controls-over-financial-operationsNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Funds Fund overall return in the first quarter of the state …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsNew York State Comptroller DiNapoli: Pension Fund Puts Anti-Israel Movement on Notice
… since DiNapoli’s visit to Israel in November 2015. As a global investor, the Fund seeks to invest in a broad range of … be engaged in BDS activities may be added to a restricted list that prohibits investment. Any existing Fund investment …
https://www.osc.ny.gov/press/releases/2016/06/new-york-state-comptroller-dinapoli-pension-fund-puts-anti-israel-movement-noticeIV.5.B Bond and Debt Proceeds – IV. Accounting Codes - Uses and Descriptions
… of voter-approved State debt. 36202 Rental Obligation / Lease Purchase Proceeds from a lease purchase or rental obligation. 36203 Sale Bonds / Notes …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5b-bond-and-debt-proceedsNewark School District Public Library – Board Oversight (2014M-54)
… 2013. Background The Newark Public Library is located in Wayne County. A Board of Trustees comprising seven elected …
https://www.osc.ny.gov/local-government/audits/library/2014/06/20/newark-school-district-public-library-board-oversight-2014m-54Town of Southampton - Board of Trustees of the Freeholders and Commonalty – Trustee Oversight (2013M-39)
… improve their monitoring of cash management. The Trustees have not adopted an investment policy, which resulted in … not properly accounted for, that moneys could be lost or stolen, or that the Trustees will lose interest that could have been earned if moneys had they been deposited timely. Key …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-southampton-board-trustees-freeholders-and-commonalty-trustee-oversight-2013mXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… the New York State Olympic Regional Development Authority and the Battery Park City Authority for capital projects. New … why one of the following bases for award was selected: Best Value; Cost Plus Not to Exceed Guaranteed Maximum Price; … of 2017, Part M of Chapter 39 of the laws of 2019, Part WWW of Chapter 59 of the laws of 2019, Part M of Chapter 39 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-actXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… governed by §98-a of the State Finance Law which provides in relevant part that all income received on any moneys … Budget includes new authorization for temporary loans in specific funds listed in Article VII language bills. SFL §98-a further states: … Budget includes new authorization for temporary loans in specific funds listed in Article VII language bills …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsInvestment Standard for NYS College Choice and NY ABLE Programs
… Legislative Session 2019-2020: S.6464 (Stavisky) – To bring the NYS College Choice tuition savings program (NY 529) and the NY Achieving a Better Life Experience savings … To bring the NY 529 and NY ABLE savings programs in line with investment …
https://www.osc.ny.gov/legislation/investment-standard-nys-college-choice-and-ny-able-programs