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Newark School District Public Library – Board Oversight (2014M-54)
… audit was to review the Board of Trustees’ oversight of Library operations for the period July 1, 2011 through August 26, 2013. Background The Newark Public Library is located in Wayne County. A Board of Trustees comprising seven elected members governs the Library and is primarily responsible for the general …
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)
… Purpose of Audit The purpose of our audit was to determine if … Board of Trustees of the Freeholders and Commonalty of the Town of Southampton (Trustees) in 1686. The Patent granted … to the water, marshland and common areas located in the Town of Southampton, Suffolk County (Town). The Trustees …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-southampton-board-trustees-freeholders-and-commonalty-trustee-oversight-2013mEMC 2026 Letter of Support - National Association of Investment Companies
A letter of support from the National Association of Investment Companies.
https://www.osc.ny.gov/files/common-retirement-fund/emerging-manager/pdf/naic-letter-of-support.pdfInvestment Standard for NYS College Choice and NY ABLE Programs
… 529) and the NY Achieving a Better Life Experience savings account program (NY ABLE) in line with investment standards …
https://www.osc.ny.gov/legislation/investment-standard-nys-college-choice-and-ny-able-programsOpinion 2006-10
… of appeals. You ask whether revenues derived from the rental of town real property located in the area of the town … in order for towns to credit revenues received through the rental of town property and the temporary investment of town … Whether revenues derived from the rental of town real property located in the area of the town …
https://www.osc.ny.gov/legal-opinions/opinion-2006-10Summit Fire District – Internal Controls Over Financial Operations (2013M-264)
… and separate from the Town of Summit, and is located in Schoharie County. The Board of Fire Commissioners consists …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/summit-fire-district-internal-controls-over-financial-operations-2013m-264Ellenburg Center No. 15 Fire District – Internal Controls Over Financial Operations (2013M-103)
… The District has deposits and short-term investments in a credit union which is not a financial institution authorized by GML. … hand) in cash deposits and certificates of deposits at the credit union. The former Treasurer did not complete monthly …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/19/ellenburg-center-no-15-fire-district-internal-controls-over-financialPutnam County Industrial Development Agency – Management Practices (2013M-257)
… Audit The purpose of our audit was to evaluate the Putnam County Industrial Development Agency’s (PCIDA) management … comprises seven members who are appointed by the Putnam County Legislature. The PCIDA reported 14 active industrial … not have project approval criteria that is specific to the County, and they approve individual projects despite a lack …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/03/04/putnam-county-industrial-development-agency-managementDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 … Retirement System (ERS) will decrease from 18.2 percent of payroll to 15.5 percent, or about 15 percent. While the … Retirement System (PFRS) will decrease from 24.7 percent of payroll to 24.3 percent, or about 2 percent. "For the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnDiNapoli: State Pension Fund Releases Annual Investment Return
… March 31, 2023, the Fund had 44.14% of its assets invested in publicly traded equities. The remaining Fund assets by … It has consistently been ranked as one of the best managed and best funded plans in the nation. Links Fund’s historic value …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnNYS Common Retirement Fund Reports Second Quarter Results
… Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2021-22 was 1.15% for the … P. DiNapoli. It ended the quarter with an estimated value of $267.8 billion. “Market volatility brought returns down … and risk management that has positioned us as one of the nation’s strongest public pension plans.” The Fund's …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports First Quarter Results
… Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the … P. DiNapoli. It ended the quarter with an estimated value of $268.3 billion. “The financial markets remain strong, as … disruptions and unpredictable market swings. We are one of the best funded retirement systems in the nation because …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsCapital – 2021 Financial Condition Report
… to attract and retain business. Capital assets include not only highways and bridges, but also facilities for … prior year. * Actual spending figures in this section do not include off-budget spending by public authorities funded … Capital assets include not only highways and bridges but also facilities for …
https://www.osc.ny.gov/reports/finance/2021-fcr/capitalWyoming County Industrial Development Agency – Project Management (2015M-62)
… 28,000 square feet of a vacant mill into an office building is for a proper IDA purpose. Officials did not … and not-for-profit entities will be tenants in the building. If WCIDA is advised that it is not a permissible …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/09/11/wyoming-county-industrial-development-agency-projectDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… DiNapoli announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund … year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said. “The strength of the domestic equity market, coupled with strong private …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionNYS Common Retirement Fund Announces Second Quarter Results
… equities, fixed income, real estate and alternative instruments and has consistently been ranked as one of the …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsTown of Sodus – Financial Management and Professional Services (2013M-99)
… February 14, 2013. Background The Town of Sodus is located in Wayne County and has a population of approximately 8,400. … and for maintaining an appropriate level of fund balance in each fund. Develop realistic, structurally balanced …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-sodus-financial-management-and-professional-services-2013m-99DiNapoli: Small Businesses Generate $950 Billion in New York
… 3.9 million jobs and generating more than $950 billion in annual revenues, according to a report released today by … private-sector employment and provide almost $190 billion in annual payrolls. These businesses are critical to New York’s economy and integral to the fabric of life in the Empire State.” The U.S. Small Business Administration …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkExxon's Investors Call for Meaningful Climate Risk Plan
… of Exxon's peer companies, including BP, ConocoPhillips, Royal Dutch Shell and Total, have already endorsed the 2 … that was denied by the U.S. Securities and Exchange Commission. The proposal did not pass, but it received a …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… The Infrastructure Investment Act 1 (“the Act”) allows for a design-build contract, an alternative … The Infrastructure Investment Act1 allows for a designbuild contract an alternative delivery method for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-act