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Opinion 2006-10
… concluded that the construction and maintenance of a town highway garage is a town-wide charge (see, e.g., 1972 Opns St …
https://www.osc.ny.gov/legal-opinions/opinion-2006-10Investment Standard for NYS College Choice and NY ABLE Programs
… 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-programsDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… decline in pension contribution rates as a result of solid investment returns," DiNapoli said. "Lowering the assumed … This strategic decision is consistent with the tougher investment climate ahead." Employer rates are determined …
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 Reaches Record High of $176.2 Billion
… the highest amount ever, for fiscal year ending March 31, 2014. “It was a stellar year for us. The Fund grew in value … Returns for the Fund's Asset Classes (as of March 31, 2014) Percent Returned Percentage of Fund's Total … fault/files/other/documents/pdf/2019-04/nyscrf-values-chart-2014.pdf A graph showing the Fund’s value since 1993 can be …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionPutnam County Industrial Development Agency – Management Practices (2013M-257)
Putnam County Industrial Development Agency Management Practices 2013M257
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/03/04/putnam-county-industrial-development-agency-managementEllenburg Center No. 15 Fire District – Internal Controls Over Financial Operations (2013M-103)
… due to the lack of an investment policy. The District has deposits and short-term investments in a credit union which … 99 percent of the District’s total cash on hand) in cash deposits and certificates of deposits at the credit union. The former Treasurer did not …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/19/ellenburg-center-no-15-fire-district-internal-controls-over-financialSummit Fire District – Internal Controls Over Financial Operations (2013M-264)
… the same oversight of cash disbursed from the District’s building reserve account. For example, the Board did not … While the Treasurer maintained a file that contained the bank statements, vendor invoices and copies of disbursement … from the account. The Treasurer did not prepare monthly bank reconciliations for the building reserve account …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/summit-fire-district-internal-controls-over-financial-operations-2013m-264Wyoming County Industrial Development Agency – Project Management (2015M-62)
… requirements. WCIDA has not ensured that the Center Street Business Center project converting 28,000 square feet … Review with WCIDA legal counsel whether the Center Street Business Center project is a permissible IDA project …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/09/11/wyoming-county-industrial-development-agency-projectTown of Sodus – Financial Management and Professional Services (2013M-99)
… the budgeting process. The Board did not adopt an investment policy or develop guidelines over other key … a comprehensive long-term financial plan. Adopt an investment policy as required by law. Approve interfund …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-sodus-financial-management-and-professional-services-2013m-99DiNapoli: State Pension Fund Releases Annual Investment Return
… P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the … to weather these storms.” The Fund's value reflects retirement and death benefits of $14.7 billion paid out … assumptions, including wage growth, inflation, age of retirement and mortality. Integral to the Fund’s strength …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnCapital – 2021 Financial Condition Report
… assets can weaken the State’s economy and its ability to attract and retain business. Capital assets include not … Has Increased Over the Past Five Years* From SFY 2016-17 to SFY 2020-21, capital spending increased by $2.2 billion … share of total capital spending increased from 1.3 percent to 4.5 percent. Mental Health, Health and Social Welfare …
https://www.osc.ny.gov/reports/finance/2021-fcr/capitalNYS Common Retirement Fund Announces Second Quarter Results
… underperforming U.S. small cap stocks and global central bank actions that triggered broad market volatility in the international markets. The Fund’s … and alternative instruments and has consistently been ranked as one of the best managed and best funded plans in …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 202122 was 115 for the threemonth period ending Sept 30 2021 according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports First Quarter Results
The New York State Common Retirement Funds Fund estimated return in the first quarter of the State Fiscal Year SFY 202122 was 582 for the threemonth period ending June 30 2021 according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… 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
… (b) of this subdivision, the Comptroller shall credit or charge interest to fund/accounts which are authorized to … or charge interest to funds based upon the funds’ average daily balance during the preceding month. Eligible funds will … set of chartfields. Additionally, residual average daily balances may cause future STIP allocations to post to a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsEMC 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.pdfExxon's Investors Call for Meaningful Climate Risk Plan
… the New York State Common Retirement Fund (Fund), and the Church of England, are calling on ExxonMobil to explain how … said Edward Mason, Head of Responsible Investment for the Church Commissioners. "We are delighted that the resolution … This is the second consecutive year that the Fund and the Church of England have co-filed the proposal along with …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planDiNapoli: Small Businesses Generate $950 Billion in New York
… Small businesses are a vital part of New York state’s economy, supporting nearly 3.9 million jobs … Thomas P. DiNapoli. “Small businesses help drive New York’s economy,” DiNapoli said. “From neighborhood coffee … in annual payrolls. These businesses are critical to New York’s economy and integral to the fabric of life in the …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkSaranac Central School District – Investment Program (2023M-89)
Determine whether Saranac Central School District (District) officials developed and managed a comprehensive investment program.
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/saranac-central-school-district-2023-89.pdf