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eBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… and revised its Guidelines to state that, “When searching for new directors, the Board should actively seek out highly … to diversity as it plans the creation of a separate board for PayPal.” “As eBay enters this critical transition, Trillium applauds the company for increasing board diversity as it looks to the future. We …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… addressed: Failure to identify the full value of public property . Public-private partnerships may underestimate the …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedState Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24
… gaps. The Governor has stated that reserves will equal 15% of State Operating Funds, consistent with recommendations I … changes that increase the allowable deposits and balances of the state's rainy day reserves. The state should put this … to federal pandemic aid approaching and the possibility of an economic downturn, it is unclear how recurring …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-thomas-p-dinapoli-statement-state-budget-state-fiscal-year-2023-24IX.3.A Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies - Pre-Award Spending Projects – IX. Federal Grants
… Documents (GAD) from the Federal government at the start of the grant period. However, agencies may have a … (e.g. annually, quarterly allocation, see: Chapter XIX.2 Project Costing - Establishing a Project of this Guide for guidance on establishing a project. These …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix3a-establish-maintain-federal-grants-sfs-non-onboarding-agencies-pre-award-spending-projectsState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… "The passing of the state budget is welcome news. While jobs are … geopolitical uncertainty surrounding Russia’s invasion of Ukraine and persistently high inflation. In addition, New … to grapple with the health, economic, and social impacts of the pandemic. "I am pleased to see the budget will provide …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23DiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… AIM funding from SFY 2012 to SFY 2019 and 99% of it in SFY 2021. Many cities are disadvantaged relative to their …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
Federal COVID19 relief funds distributed during the pandemic provided critical financial support to New York City Health and Hospitals but reliable funding and timely payments from all government sources is needed to keep the largest municipal health system in the country in good fiscal health
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… P. DiNapoli. Sales tax collections from January through March totaled $4.3 billion, which was $173 million less than … statewide year-over-year. From April 2020 through March 2021, statewide local collections are down by 11.8 percent or … compared with the 27.1 percent decline seen from April to June 2020, when many businesses were shut down during the …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021NY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… Proxy Voting Guidelines , which outline expectations for public companies in its global equities portfolio. NYS Common … York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… in local projects remain in the pipeline, according to a report by State Comptroller Thomas P. DiNapoli. “The … serves a critical role in financing improvements to New York’s water infrastructure,” DiNapoli said. “New York … projects than any other state, but the resources needed to address aging infrastructure and related challenges remain …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… debt outstanding is projected to reach $42.6 billion by 2022, $7 billion more than five years earlier. The MTA is …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesAudit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract
… that New York is a place to visit and open for business, it should have clear objectives and show the public actual … 2014, was to determine if ESDC received the services it paid for and whether its advertising effort achieved … sufficient outcomes. Although auditors found that ESDC got the advertising services it paid for, at a fair price, …
https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contractDiNapoli: Improvements at NYS Parks Needed to Remove Barriers for People With Disabilities
… New York State Comptroller Thomas P. DiNapoli. The Office of Parks, Recreation and Historic Preservation (Parks) … New York State Comptroller Thomas P. DiNapoli. “The Office of Parks, Recreation and Historic Preservation recognizes the importance of improving accessibility to the New York State parks …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-improvements-nys-parks-needed-remove-barriers-people-disabilitiesDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared for another catastrophic event, according to an audit … management is not one of its responsibilities. However, under the City Charter and NYCEM’s own protocols it is the …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling approximately … today’s sentence. "Mr. Bayard abused the trust placed in him and pocketed $1.4 million from an estate he was …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementTown of Charlton – Internal Controls Over Billed Receivables for Water Operations (2014M-28)
… Purpose of Audit The purpose of our audit was to determine if the Town established internal controls over … been established. The water clerk could make adjustments to customer accounts without prior Board approval. Key … controls. Require Board approval for adjustments to water customer accounts. … The purpose of our audit was to …
https://www.osc.ny.gov/local-government/audits/town/2014/05/09/town-charlton-internal-controls-over-billed-receivables-water-operations-2014m-28UnitedHealthcare – Overpayments for Out-of-Network Anesthesia Services Provided at In-Network Ambulatory Surgery Centers (Follow-Up)
… Insurance Program (NYSHIP) covers over 1.2 million active and retired State, local government and school district … health benefit plan is the Empire Plan. UnitedHealthcare (United) administers the medical/surgical portion of the … Ambulatory Surgery Centers (ASCs) are health care facilities focused on providing same-day surgical care. To …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/unitedhealthcare-overpayments-out-network-anesthesia-services-provided-network-ambulatoryDiNapoli: Archer Daniels Midland Co. Agrees to Shareholders' Request For 'No Deforestation' Policy
… palm and soy products that are certified free of any link to deforestation, a leading cause of climate … palm and soy products that are certified free of any link to deforestation a leading cause of climate …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-archer-daniels-midland-co-agrees-shareholders-request-no-deforestation-policyDiNapoli: Five Major Companies Adopt Pension Fund's Call for Transparency on Political Contributions
… Dean Foods and H&R Block , recently adopted disclosure of their corporate political spending after the Fund's … commendation. Without disclosure, shareholders have no way of knowing whether a company's political spending best serves … Union Co. and Wynn Resorts. DiNapoli has made disclosure of political spending a top shareholder priority. Since the …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-five-major-companies-adopt-pension-funds-call-transparency-political-contributionsDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy and tax base, as market values reached nearly … the city’s major office districts of Midtown East, Midtown West or the Financial District. Instead, areas in and around …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-space