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Opinion 96-4
… of general reserve fund); (authority to supersede village budget procedures) -- Real Property (payment of proceeds of sale of village property to third party for benefit of village) …
https://www.osc.ny.gov/legal-opinions/opinion-96-4Opinion 90-23
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. BONDS AND NOTES -- …
https://www.osc.ny.gov/legal-opinions/opinion-90-23DiNapoli: NYC's Property Tax Bills Rise Along With Burden on Working- and Middle-Class Homeowners
… this was due in part to market volatility and aspects of how the city calculates property taxes. “New York City’s … tax disparity has gotten worse since the pandemic, which is concerning because it’s driving up housing costs for those … families.” New York City sets different tax rates based on class of property, including for single or multifamily …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-nycs-property-tax-bills-rise-along-burden-working-and-middle-class-homeownersAccounts Payable Advisory No. 54
… vouchers built using the Accounts Payable (AP) Mass Upload Tool, and lease vouchers created in the Real Estate …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/54-voucher-mass-approvalNYS Common Retirement Fund Announces First Quarter Results
… the three-month period ending June 30, 2018, according to New York State Comptroller Thomas P. DiNapoli. "The Fund … state's pension fund is designed and prudently managed to provide sustainable investment returns over the long-term, … (8.3 percent), real estate (7.0 percent), absolute return strategies (2.7 percent) and opportunistic alternatives and …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… 2017, with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli. "A strong … (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 percent) and opportunistic alternatives and … The Fund's fiscal year ends March 31, 2018. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsWest Hill Fire District No. 3 – Financial Condition (2014M-160)
… Background The West Hill Fire District No. 3 is located in Chemung County and serves approximately 700 residents. The … budget appropriations. This occurred primarily because in 2008 and 2009 the District received unexpected insurance … December 31, 2013. District officials created this reserve in the late 1990s to fund future costs of new vehicles. …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/08/15/west-hill-fire-district-no-3-financial-condition-2014m-160NYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 was -7.17 percent for … period ending Dec. 31, 2018, with an estimated value of $197.3 billion, according to New York State Comptroller … capitalizes on market opportunities and weathers market ups and downs. The Fund is widely regarded as one of the …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsCity of Troy – Budget Review (B5-15-22)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2016 fiscal year are reasonable. Background The City of Troy, located in Rensselaer County, issued debt …
https://www.osc.ny.gov/local-government/audits/city/2015/11/10/city-troy-budget-review-b5-15-22DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… returned an estimated -3.85%. “The recent volatility in the markets and concerns over the state of the economy … As of Sept. 30, the Fund had 42.33% of its assets invested in publicly traded equities. The remaining Fund assets by … and real assets (13.53%) and credit, absolute return strategies, and opportunistic alternatives (6.23%). The …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterCincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits and reduce the amount … results and anticipated operations and avoid raising more real property taxes than necessary. Review all reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191NYS Common Retirement Fund Reports Third Quarter Results
… 2019, with an estimated value of $225.9 billion, according to New York State Comptroller Thomas P. DiNapoli. “A strong upswing in the markets to close out 2019 boosted the Fund’s returns in its third … estate and real assets (8.6 percent) and absolute return strategies and opportunistic alternatives (3.5 percent). The …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsComptroller DiNapoli Releases Municipal Audits
… the vendor improperly withheld funds. Auditors found that ice rink collections totaling $5,364 were unaccounted for due …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-audits-1NYS Common Retirement Fund Reports Second Quarter Results
… Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for the … and downs that have become standard in the past several months and are expected to continue.” The Fund's estimated …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… with an estimated value of $226.4 billion, according to New York State Comptroller Thomas P. DiNapoli. “A second … the nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOpinion 90-17
… be distributed as provided in section 185. June 4, 1990 Daniel Lincoln Miller, Esq., Town Attorney Town of Chili … …
https://www.osc.ny.gov/legal-opinions/opinion-90-17City of Amsterdam – Budget Review (B25-5-5)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2025-26. Background Chapter 531 of the Laws of 2019 … on May 6, 2025, or 35 days after the Charter-established deadline. The proposed budget for the recreation fund is not …
https://www.osc.ny.gov/local-government/audits/city/2025/05/15/city-amsterdam-budget-review-b25-5-5DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual audit of the Fund's … to $273.1 billion.) “Market volatility has been pronounced in the first half of 2025, with unpredictable actions out of … estate and real assets (14.1%) and credit, absolute return strategies, and opportunistic alternatives (8.8%). The New …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Town of Almond - Tax Collection (2019M-188)
… the Town Clerk (Clerk) recorded, deposited and remitted real property tax collections in a timely and accurate … the Town Clerk Clerk recorded deposited and remitted real property tax collections in a timely and accurate manner …
https://www.osc.ny.gov/local-government/audits/town/2019/12/06/town-almond-tax-collection-2019m-188Opinion 88-2
… of (means of financing collection in villages) MUNICIPAL HOME RULE LAW, §10(1)(ii)(e)(2); VILLAGE LAW, §5-518: A … benefited to finance the cost of such service. MUNICIPAL HOME RULE LAW, §10(1)(ii)(9-a): A village, by local law, may … received. Section 10(1)(ii)(e)(2) of the Municipal Home Rule Law, however, specifically authorizes a village to …
https://www.osc.ny.gov/legal-opinions/opinion-88-2