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Opinion 96-19
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Powers and Duties (joint … broad authority for municipal corporations and districts, in addition to any other general or special powers, to enter … to the making of contracts, then its right to participate in an agreement hereunder shall be similarly conditioned. …
https://www.osc.ny.gov/legal-opinions/opinion-96-19Selected Controls Over the Property Tax Assessment Process
… approximately 1.05 million properties each year. Property in New York City is divided into four different classes, each … available income information from small rental buildings in the area that file an RPIE using the Gross Income … co-ops and condos, assessors can select comps contained in CAMA. Once CAMA determines the MVs, the values are then …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processOpinion 93-4
… Beach , 282 NY 382; 1984 Opns St Comp No. 84-32, p 40). With respect to referendum and super-majority vote … Law, §2.00[12]). Local Finance Law, §35.00(b) provides, with certain exceptions, that a bond resolution adopted by … , 47 Misc 2d 543, 262 NYS2d 837). Therefore, in a town with a seven-member board, when a bond resolution is subject …
https://www.osc.ny.gov/legal-opinions/opinion-93-4Fare Revenue Considerations for the Metropolitan Transportation Authority
… efficiencies , such as better alignment of train service with demand, to potentially provide more cost-efficient … of the fundamental change in its revenue composition with more people working from home leading to less regular … debt service costs through 2053, which are associated with debt for operations that the Authority borrowed during …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityNYS Common Retirement Fund Announces Third Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the third quarter of the state fiscal year 2015 was 1.91 … 31, 2014. The Fund has 39.5 percent of its assets invested in publicly traded domestic equities and 13.2 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… saw continued strong performance in domestic and developed international equities markets," DiNapoli said. "Our … in publicly traded domestic equities and 17.1 percent in international public equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… and real assets (13.39%) and credit, absolute return strategies, and opportunistic alternatives (6.33%). The … It has consistently been ranked as one of the best managed and best funded plans in the nation. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterNYS Common Retirement Fund Announces Second Quarter Results
… (7.9 percent), real estate (6.8 percent), absolute return strategies (3.7 percent) and opportunistic alternatives and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. Its fiscal year ends March …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… (7.5 percent), real estate (6.4 percent), absolute return strategies (3.6 percent) and opportunistic alternatives and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… Fund had ended the state’s Fiscal Year 2014 on March 31 with a value of $176.8 billion. The net growth in the value …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billionDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… fund in the country and remains one of the nation’s best-managed and best-funded pension plans. The New York State and Local … TIPS* 3.3% 5.2% Global Equities 4.4% 4.9% Absolute Return Strategies 5.9% 3.5% Non-Core Fixed Income** N/A 1.1% …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… As of Dec. 31, the Fund had 41.84% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (22.62%), private equity … initiated quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to increase …
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
… and real assets (13.43%) and credit, absolute return strategies, and opportunistic alternatives (6.24%). The … It has consistently been ranked as one of the best managed and best funded plans in the nation. … State Comptroller DiNapoli …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterNYS Common Retirement Fund Announces First Quarter Results
… said. "As a long term investor, the fund's performance is best measured by its success over a period of years if not … (7.7 percent), real estate (6.5 percent), absolute return strategies (2.8 percent) and opportunistic alternatives and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… estate and real assets (8.52%) and credit, absolute return strategies and opportunistic alternatives (5.37%). DiNapoli … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsWainscott Common School District – Financial Condition (2013M-268)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial … Wainscott Common School District is located in the Towns of East Hampton and Southampton, in Suffolk County. The District is governed by the Board of Education, which comprises three elected members. The …
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)
… revenues and expenditures accumulated over time. As a result, the District’s surplus fund balance is two times the …
https://www.osc.ny.gov/local-government/audits/school-district/2024/12/06/caledonia-mumford-central-school-district-financial-management-2024m-101Opinion 92-20
… or statutory amendments that bear on the issues discussed in the opinion. FEES -- Imposition of (for concerts held on … the giving of exhibitions, performances or entertainments in any place within the town" (Town Law, §136[3]; see also … as will legitimately assist in the regulation of the business or occupation and may not exceed necessary or …
https://www.osc.ny.gov/legal-opinions/opinion-92-20Real Property Portfolio (2022-S-14)
To determine whether Empire State Development (ESD) fully and accurately accounted for and reported its real property holdings and the need to either hold or dispose of properties, and if ESD disposed of real property in a manner beneficial to the State.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-22s14.pdfState Comptroller DiNapoli Releases Municipal Audits
… billing and collection process. In addition, the board does not properly monitor water loss. Town of Moreau – … of Spencer – Board Oversight (Tioga County) The board does not periodically review bank statements, bank … or any other supporting records. Additionally, the board does not perform the required annual audit of the …
https://www.osc.ny.gov/press/releases/2018/04/state-comptroller-dinapoli-releases-municipal-audits-1