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Omnibus Technical Procurement Amendments
… technology for procurement purposes; clarifying the use of best and final offers for invitations for bids and … for goods, services and technology; clarifying the use of contracts let by another governmental agency; and clarifying the valuation of non-cash contracts by the state comptroller. Memo Bill …
https://www.osc.ny.gov/legislation/omnibus-technical-procurement-amendmentsDiNapoli Audit Finds Hundreds of Millions of Dollars in Medicaid Payments Went to Providers Not Enrolled in the Program
… state regulations and the providers are entered into the NYS Provider and Health Plan Look-up website. DOH also uses …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-audit-finds-hundreds-millions-dollars-medicaid-payments-went-providers-not-enrolled-programControls Over Transportation Services and Transportation-Related Expenses
… records to ensure the safety of individuals it transports. When notified that an employee’s license has been revoked or … no longer allowed to drive OPWDD vehicles. However, OPWDD does not have controls in place to educate or improve driving … been open for over 9 months. Some of the recalls were of a serious nature, and increase the risk of an accident and/or …
https://www.osc.ny.gov/state-agencies/audits/2020/07/28/controls-over-transportation-services-and-transportation-related-expensesHempstead Union Free School District – Management of District Resources (2014M-253)
… controls over the management of District resources for the period July 1, 2011 through March 31, 2013. … with approximately 6,000 students. Budgeted appropriations for the 2013-14 fiscal year were approximately $178.8 … officials did not ensure that all employees were qualified for their positions. District officials did not ensure that …
https://www.osc.ny.gov/local-government/audits/school-district/2014/12/29/hempstead-union-free-school-district-management-district-resources-2014mNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… Fund's (Fund) low emissions equities index, doubling its investment. The Fund was the first public pension fund in the … the worldwide effort to build a lower carbon economy. Our investment decisions and our shareholder engagements are a … climate risk is key to protecting positive long-term investment returns," said the Fund's Chief Investment Officer …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionNYS Common Retirement Fund Reports Third Quarter Results
… return in the third quarter of the State Fiscal Year (SFY) 2021-22 was 4.74% for the three-month period ending Dec. 31, 2021, according to New York State Comptroller Thomas …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS 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 …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsState Pension Fund Adds $30 Million for Investments in New York Companies
… announced today. The commitment will be made through the pension fund’s In-State Private Equity Investment Program, … in companies located in New York state. This is the state pension fund’s third commitment to Primary Venture Partners. … Partners for state-based investments will help grow the pension fund and expand businesses and jobs across New York …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesEmployer Projected Invoice
… Overview Your projected invoice is provided in September for budgetary purposes. It approximates next year’s annual invoice. If you have the … to participate in the CSP . We encourage you to learn how the program works before joining. When a graded payment …
https://www.osc.ny.gov/retirement/employers/employer-projected-invoiceCost-Saving Ideas: Reviewing Your Revenue Collection Process
… using measures such as: How long does it take to process a tax or fee payment? How many total collections … Finance Officers Association Recommended Practices: GFOA Best Practice - Use of Lockbox Services [pdf] GFOA Best Practice - Accepting Payment Cards and Selection of …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… charges, totaling $1,891, that did not have enough detail to verify that the parts ordered were used for District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentProcurement and Contracting Practices (Follow-Up)
… Purpose To determine the extent of implementation of the eight … the New York State Office for Technology, resulted in the best value for taxpayers, consistent with applicable legal, … own procurement policies. This did not result in the best value for the taxpayers, but instead led to a waste of …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/procurement-and-contracting-practices-followNYS 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 …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsSome NY Schools Not Reporting Bullying or Harassment
… or gender identity, according to an audit released in Rochester today by New York State Comptroller Thomas P. … them and are safe and free from harassment and bullying. School districts must protect students’ rights and ensure … example, not one of the 39 schools in Yonkers City School District reported an incident of bullying or harassment under …
https://www.osc.ny.gov/press/releases/2017/10/some-ny-schools-not-reporting-bullying-or-harassmentState Comptroller DiNapoli Announces Political Spending Disclosure Agreements With Seven Companies
… that companies, at a bare minimum, proactively disclose all corporate funds spent on political causes. The Fund …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-announces-political-spending-disclosure-agreements-seven-companiesDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced his … the course of two decades she worked in a variety of roles on Wall Street, including emerging markets, interest rates … the best managed and best funded plans in the nation. Find out how your government money is spent at Open Book New York …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: State Pension Fund Value $192 Billion
… Fund (Fund) earned an estimated 11.42 percent return on investments in the state fiscal year that ended on March 31, 2017. The Fund has an estimated value of $192 … “New York state’s pension fund is at a record value based on prudent long term asset allocation. We continue to manage …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionSelected Employee Travel Expenses
… through March 31, 2011. Of that amount, $6.3 million was for reimbursements to employees for travel expenses and direct payments to vendors. The other … travel expenses to Federal and State taxing authorities for the two calendar years 2010 and 2011. We have referred …
https://www.osc.ny.gov/state-agencies/audits/2013/06/04/selected-employee-travel-expensesDiNapoli: Despite Progress, Pay Gap for Women Persists
… Median earnings for full-time working women in New York were 86 cents for every dollar earned by men in 2019, an annual wage gap of … national wage gap of $10,150, with women earning 81 cents for every dollar paid to men on average. New York ranked 11 …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-despite-progress-pay-gap-women-persistsNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund’s overall return in the third quarter of the Fund’s 2015-2016 fiscal year was … of its third quarter. “The Fund experienced some recovery in the third quarter as markets continued to challenge … traded domestic equities and 15.3 percent in international public equities. The remaining Fund assets by allocation are …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-results