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Archived: Legislative Session 2021–2022
… Local Government Ethics – A.8505 (Thiele) - Relates to conflicts of interest of municipal officers and employees, … ethics and boards of ethics; permits local codes of ethics to prohibit activities expressly permitted by article 18 of … – A.8504 (Paulin) – Requires public authorities to comply with certain provisions of the State Finance Law …
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022Revenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… disbursements. Review monthly analysis reports from the bank, along with monthly account reconciliations. … provide a quicker and steadier stream of income, which can be invested sooner for additional interest earnings. … when possible, that all cash is in interest-bearing accounts. Consider longer-term investments that pay higher …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsFund's Mission, Values and Investment Philosophy
… people and the highest standards for ethics and investment management. Core values We commit to living these … and capabilities required for the Fund to be a leading investment organization. Perseverance We support each other … satisfaction, and accomplishment from working at the Fund. Investment Philosophy Investment objectives We aim for the …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyDiNapoli Releases Climate Action Plan
… a Climate Action Plan to protect and invest the assets of the $210 billion New York State Common Retirement Fund … Climate Action Plan follows his April 16 release of a report from the Decarbonization Advisory Panel , which … he created with Gov. Cuomo. The Plan incorporates many of the Panel’s recommendations for managing the Fund’s …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planNYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… several companies to set targets for lower greenhouse gas (GHG) emissions, use more renewable energy, increase … pressure on the company to take action. Three oil and gas companies — Concho Resources, Inc. (CXO), Range Resources …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesVillage of Stamford – Claims Audit (2022M-197)
… prior to payment. As a result, disbursements were made for unsupported and/or improper claims and were not in the …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-stamford-claims-audit-2022m-197Town of Franklinville – Procurement (2024M-56)
… that goods and services were procured in the taxpayers’ best interests and may have missed opportunities to reduce …
https://www.osc.ny.gov/local-government/audits/town/2024/07/12/town-franklinville-procurement-2024m-56XI.14.B Publication of Grants Opportunities – XI. Procurement and Contract Management
… Article 4-C of the Economic Development Law requires publication of grant … with these publication requirements, the Department of Economic Development (DED) will publish grant opportunities … with the publication requirements of Article 4-C of the Economic Development Law. As a result, any grant opportunity …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi14b-publication-grants-opportunitiesXI.12.D Closing Contracts – XI. Procurement and Contract Management
… Only the Office of the State Comptroller (OSC) can close a contract in the Statewide Financial System (SFS), … is remaining on the contract. Periodically, OSC will close eligible contracts. It is considered a best practice for State agencies to close purchase orders associated with contracts in a timely …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsBethpage Public Library – Procurement (2019M-219)
… Determine whether the Bethpage Public Library Library Board of Trustees Board ensured goods and …
https://www.osc.ny.gov/local-government/audits/library/2021/06/04/bethpage-public-library-procurement-2019m-219Horseheads Central School District – Network Access Controls (2021M-127)
… if the District was appropriately billed or receiving the best value for IT services. Did not establish formal policies …
https://www.osc.ny.gov/local-government/audits/school-district/2021/11/12/horseheads-central-school-district-network-access-controls-2021m-127Town of Richmondville – Administration of Grant Moneys (2013M-374)
… written agreements to ensure that grants are in the Town’s best interest. Provide more oversight in monitoring …
https://www.osc.ny.gov/local-government/audits/town/2014/05/09/town-richmondville-administration-grant-moneys-2013m-374Wallace Fire District – Board Oversight (2024M-126)
… whether the Wallace Fire District (District) Board of Fire Commissioners (Board) provided adequate oversight of the District’s financial operations. Key Findings The Board did not provide adequate oversight of the District’s financial operations. We determined that: …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/04/04/wallace-fire-district-board-oversight-2024m-126Chautauqua County – Investments and Payroll (2016M-147)
… to ensure that all investments are made in the County’s best interests and are in compliance with adopted policies …
https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147Border City Fire District – Board Oversight (2024M-137)
… entered into an unauthorized contract with a private corporation (Corporation) and kept an unauthorized bank account into which …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/31/border-city-fire-district-board-oversight-2024m-137About NYSLRS
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the world, administering … employers in non-teaching positions outside of New York City, including uniformed services personnel, such as … (Fund), which was valued at $273.1 billion as of March 31, 2025. The Fund supports the benefits of current and future …
https://www.osc.ny.gov/retirement/about-nyslrsTown of Cherry Valley – Financial Condition (2016M-212)
… the Town’s financial condition and analyze the health center’s direct and indirect costs for the period January 1, … by an elected five-member Town Board. The Town’s health center primarily serves the Town residents but also accepts … not maintaining separate accounting records for the health center’s activity and some costs are not allocated to the …
https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212DiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… culture of secrecy about these negative experiences in the workplace. What cannot be discussed cannot be addressed. We … effect that discrimination and sexual harassment have on workplace rights, morale, and company performance. DiNapoli …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesXIII.2.A Expense Report Mandatory Header Fields – XIII. Employee Expense Reimbursement
… purpose, report description, official station, employee’s home/residential address, start location and destination … to SFS Coach. SFS Coach is accessible from the SFS home page after logging in with your SFS user ID and … Purpose Select the business purpose from the drop down menu that best pertains to the travel event. Destination …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii2a-expense-report-mandatory-header-fieldsState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… State Comptroller Thomas P. DiNapoli today announced an investment strategy that will raise the New York Common … the Fund’s investments. It’s an approach to low carbon investment that we can expand across all asset classes and … risk to the Fund’s returns on investment. Additional funds can be added to the index as performance warrants. …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-future