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New York’s Economy and Finances in the COVID-19 Era
… New Yorkers received SNAP benefits (formerly known as food stamps) in May, up by 188,805 or 7.4 percent since February, …
https://www.osc.ny.gov/reports/covid-19-august-5-2020Eastchester Union Free School District – Financial Management (2016M-59)
… Purpose of Audit The purpose of our audit was to evaluate the Board’s management of the District’s financial affairs … Budgets did not include estimated amounts for refunds of real property taxes or amounts to fund them. District …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/24/eastchester-union-free-school-district-financial-management-2016m-59Town of Athens - Town Clerk/Tax Collector (2018M-41)
… and County Treasurer (Treasurer) in a timely manner. For example, the Clerk collected tax payments totaling …
https://www.osc.ny.gov/local-government/audits/town/2018/06/08/town-athens-town-clerktax-collector-2018m-41Town of Westfield - Real Property Acquisition (2019M-119)
… of purchase, the property had an estimated full market value of $243,000. Key Recommendations Use a thorough process …
https://www.osc.ny.gov/local-government/audits/town/2019/11/22/town-westfield-real-property-acquisition-2019m-119DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … prudent management and long-term perspective.” The Fund's value reflects retirement and death benefits of $3.794 …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… New York State Common Retirement Fund"™s (Fund) investment in Canandaigua-based ClearMomentum has generated a $450,000 … Thomas P. DiNapoli announced today. ClearMomentum is one of hundreds of companies across the state that the Fund … fund while supporting jobs and fueling local economies. Our program continues to serve as a model for public pension …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundCity of Oswego – Community Development (2015M-108)
… October 31, 2014. Background The City of Oswego is located in Oswego County and has a population of approximately … become delinquent. The Department does not have a process in place to determine when it is appropriate to write off …
https://www.osc.ny.gov/local-government/audits/city/2015/11/20/city-oswego-community-development-2015m-108Henrietta FD – Audit Follow-Up (2021M-27-F)
… Fire District’s (District’s) progress, as of January 2025, in implementing our recommendations in the audit report … Henrietta Fire Districts Districts progress as of January 2025 in implementing our recommendations in the audit report …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/04/04/henrietta-fd-audit-follow-2021m-27-fComptroller DiNapoli Releases Municipal Audits
… the unrestricted fund balance deficit increased to as much as $171,492 during the audit period. Auditors also … for overtime costs in certain departments. However, it does not appear that the total appropriation will be … were communicated confidentially to officials. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Pension Fund Value $192 Billion
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned an …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionVillage of Delanson – Internal Controls Over Selected Financial Operations (2012M-232)
… and Treasurer both independently perform incompatible cash disbursement duties and compensating controls have not …
https://www.osc.ny.gov/local-government/audits/village/2013/03/29/village-delanson-internal-controls-over-selected-financial-operations-2012m-232DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… the report, click here: www.osc.state.ny.us/osdc/rpt5-2016.pdf A video on DiNapoli's 2015 Wall Street report is …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startNYS Common Retirement Fund Announces Third Quarter Results
… quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending December 31, 2014, bringing … maximize stable, long-term investment returns that ensure a secure retirement.” The Fund's estimated value reflects … quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to increase accountability and …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $254.1 billion at the end of the … of the financial markets in recent months helped the Fund post positive results for the quarter,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund … retirement and death benefits of $4.2 billion paid out during the quarter. Its audited value was $248.5 billion … private equity (14.75%), real estate and real assets (13.30%) and credit, absolute return strategies, and …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterOpinion 2002-15
… 626, mod 55 NY2d 915, 449 NYS2d 27; DuBois v Village of New Paltz , 35 NY2d 617, 364 NYS2d 506). Further, we have …
https://www.osc.ny.gov/legal-opinions/opinion-2002-15Hitting the Limit: The Constitutional Tax Limit and its Implications for Local Governments
New York State’s Constitutional Tax Limit (CTL) restricts the amounts local governments may raise by taxing real estate in any fiscal year.
https://www.osc.ny.gov/files/local-government/publications/pdf/ctl-implications-for-local-governments.pdfComptroller DiNapoli Releases Municipal Audits
… treasurer did not obtain board and membership approval for all bills before paying them and did not retain adequate supporting documentation to demonstrate that all purchases were for a valid company purpose. City of …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-municipal-audits-0NYS Common Retirement Fund Announces Second Quarter Results
… than one million state and local government employees and retirees and their beneficiaries. The Fund has consistently …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… a fraction of the Fund’s annual investment return, which is targeted at 5.9%. About the New York State Common … Retirement Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-results