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DiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… New York State Comptroller Thomas P. DiNapoli today released … fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund) that commended …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli Finds Subway Wait Times Got Worse from 2013 to 2014
… would have them believe, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The … would have them believe according to an audit released today by New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-finds-subway-wait-times-got-worse-2013-2014DiNapoli Reaffirms Commitment to DEI Initiatives
… The Fund will continue to scrutinize boards that do not appear sufficiently diverse, including boards that …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesXI.18.D Sales and Compensating Use Tax Documentation – XI. Procurement and Contract Management
… NOTE: The certification provisions of Tax Law Section 5-a do not apply to a contract that the procuring covered agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18d-sales-and-compensating-use-tax-documentationScience Academies of New York Charter Schools – Purchase versus Lease of Buildings (2017M-279)
… deciding whether to lease or purchase school buildings for the period July 1, 2014 through July 31, 2017. Background … has approximately 1,600 students. Budgeted appropriations for the 2017-18 fiscal year total approximately $21.6 …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/03/30/science-academies-new-york-charter-schools-purchase-versus-lease-buildingsAccounts Payable Advisory No. 47
… Subject : New dollar threshold requirements for the use of a purchase order (PO) and the procurement card … Card Use . Update : Agencies are required to use a PO for all single purchases of $10,000 or more from any vendor … payment (ACH) or with the PCard. It is a best practice for agencies to use POs for all planned purchases. Please …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useFishers Island Waste Management District -- Purchasing (2015M-292)
… audit was to evaluate the District’s purchasing practices for the period January 1, 2014 through June 30, 2015. Background The Fishers Island Waste Management District is located in the Town of …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292XIX.2.A Project IDs and Description – XIX. Project Costing (PCIP)
… costs related to a project. Project IDs are selected on transactions and collected in Project Costing for billing …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix2a-project-ids-and-descriptionManchester-Shortsville Central School District – Instructional Complex Capital Improvement Project (2021M-103)
… or transparently use capital project resources. As a result, voters were not afforded the opportunity to ratify or …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/manchester-shortsville-central-school-district-instructional-complexU-Crest Fire District #4 – Travel Expenditures (2017M-35)
… Purpose of Audit The purpose of our audit was to examine the District’s … rates set by the federal General Services Administration (GSA). Of $39,700 in lodging transactions for 10 overnight … for meals and hotels are no greater than the GSA rates. Plan conference travel, including hotel reservations, in …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/04/26/u-crest-fire-district-4-travel-expenditures-2017m-35Town of Middleburgh – Claims Audit Process (2023M-56)
… reasons why solicitation of quotes is not in the Town’s best interest. Discontinue use of the Town debit card. Town …
https://www.osc.ny.gov/local-government/audits/town/2023/07/07/town-middleburgh-claims-audit-process-2023m-56DiNapoli Audit Finds Lapses in Treatment Under Kendra's Law
… The state’s Office of Mental Health (OMH) needs to do a better job of overseeing court-ordered treatment for individuals under … our recommendations to improve the administration of Kendra’s Law at a time when we’re facing a serious mental …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-audit-finds-lapses-treatment-under-kendras-lawDiNapoli Announces New Technology Investment Through Contour Venture Partners
… Fund has partnered with Contour Venture Partners for a total of twenty investments through the In-State … opportunities are proof that the program is a win for the Fund and a win for companies in communities around the state.” "This …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… (Fund) received a $33.8 million return from its investment in Autotask, an IT company located near Albany, according to … returns consistent with the risk of private equity by making investments that meet fiduciary standards. As … New York State Common Retirement Fund, the third largest public pension plan in the United States with more than one …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… qualified women and individuals from minority groups when considering directors. As a result of the agreements, … 24 diverse members to their boards. DiNapoli and the Fund are members of the Thirty Percent Coalition , which seeks … public pension fund in the United States with estimated assets of $209.1 billion as of Dec. 31, 2017. The Fund holds …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… New York State Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) to fellow …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… It has consistently been ranked as one of the best managed and best funded plans in the nation. … The New York State Common …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesDiNapoli Announces $15 Million Investment in Northern Ireland
… fund and Northern Ireland in the years to come.” “I am heartened by the news from New York — at this special time … million members, retirees and beneficiaries from more than 3,000 state and local government employers. The Fund has a … by investment returns. The Fund’s fiscal year ends March 31, 2014. … New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… New York State Comptroller Thomas P. DiNapoli today announced the promotion of Sylvester (Sly) McClearn to interim director of the New … York State Common Retirement Fund is one of the largest public pension funds in the United States with assets of …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… of DiNapoli’s comprehensive Climate Action Plan to address investment risks from climate change and his commitment to transition the Fund’s investment portfolio to net zero greenhouse gas emissions by 2040 . “As …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companies