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DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee

… lead its work in guiding our pension fund’s investments.” “It has been a professional pleasure to help guide real estate … “My gratitude goes to Comptroller DiNapoli for appointing me to the chairmanship, to the pension fund’s staff and the … to Comptroller DiNapoli for entrusting the chairmanship to me,” Dubin said. “New York state’s pension fund remains one …

Comptroller DiNapoli Releases Municipal Audits

… $42,200 during the audit period. Village of Greenwich – Water and Sewer Financial Operations (Washington County) The Village lacked effective procedures to ensure water and sewer charges were accurately billed, collected and … totaling $3,244. Village of Suffern – Budget Review (Rockland County) Auditors found that significant revenue and …

NYS Common Retirement Fund Reports First Quarter Results

… was 10.35 percent for the three-month period ending June 30, 2020, with an estimated value of $216.3 billion, … fiscal year end March 31, 2020 was $194.3 billion. As of June 30, 2020, the Fund had 53.0 percent of its assets … 202021 was 1035 percent for the threemonth period ending June 30 2020 with an estimated value of $2163 billion …

2016 Financial Condition Report – 2016 Financial Condition Report

… large balance, which enhances budgetary flexibility in the near term and is expected to support increased capital …

XV.17 Short Term Investment Pool (STIP) Interest – XV. End of Year

… to agencies’ accounts within the State’s short-term investment pool (STIP). Agencies should review their accounts … interest to agencies accounts within the States shortterm investment pool STIP …

DiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care

… benefits, most governments, including New York state, do not set aside funds for retiree health insurance and … Under DiNapoli’s proposal, there is no limit on how much or how little a government can deposit into the trust. …

Marketing Service Performance Monitoring

… Purpose To determine whether Empire State Development (ESD) has established adequate internal controls to oversee, … marketing services, including the extent to which ESD employs appropriate performance measurement systems that … December 1, 2011 through November 6, 2014. Background ESD’s mission is to promote a vigorous and growing economy, …

DiNapoli: Independent Review Finds State Pension Fund Operates at Highest Ethical and Professional Standards

… Thomas P. DiNapoli, the review concluded the Fund operates with the highest ethical standards, is in full compliance … year-out,” DiNapoli said. “This report confirms that we are meeting and exceeding standards and safeguarding the … possible. Weaver also highlighted that the Fund’s high-funded status and conservative assumed rate of return puts it …

Comptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World

… New York City Employees’ Retirement System: Mayor Bill de Blasio’s Representative, Carolyn Wolpert (Chair); New York … Local 237. Teachers’ Retirement System: Mayor Bill de Blasio’s Appointee, Carolyn Wolpert; Deputy Chancellor … of Teachers. New York City Police Pension Fund: Mayor Bill de Blasio’s Representative, Carolyn Wolpert; New York City …

State Comptroller DiNapoli Releases Municipal & School Audits

… issued. Village of Corinth – Investment Program (Saratoga County) Village officials did not develop and manage a … have been levied than necessary. Newcomb Central School District – Claims Audit (Essex County) District claims were … made an unallowed payment totaling $1,192. Putnam County Court and Trust Auditors reviewed the commissioner’s, county …

Management of Internal Controls

… and Engineering (CNSE). The Research Foundation of the State University of New York (Research Foundation) and the UAlbany Foundation are …

Plattekill Public Library – Procurement and Investment of Funds (2020M-143)

Determine whether the Plattekill Public Library (Library) Board of Trustees (Board) made purchases in compliance with its procurement policy and invested in accordance with statutory requirements and its adopted investment policy.

XIV.3 Investment of State Funds/Interest Earnings Distribution – XIV. Special Procedures

DiNapoli: 529 College Savings Program Lowers Fees

… taxes as long as the funds are used to pay for expenses at an eligible post-secondary institution. New York's 529 … obtain a Disclosure Booklet and Tuition Savings Agreement at nysaves.org or by calling 877-NYSAVES (877-697-2837). This … information. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …

DiNapoli Report Assesses MTA's Capital Needs and Funding Scenarios

… Comptroller Thomas P. DiNapoli laid out the challenges and potential funding scenarios facing the Metropolitan … sources to fund the MTA’s substantial capital needs and emphasizes areas of capital work expected to receive … in its next capital program. “The choices that the MTA and the state make in the coming months will determine the …

Opinion 95-26

… or statutory amendments that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt … retainer to an attorney and accountant engaged to assist in the administration of these funds; and (3) to pay for … fire insurance tax moneys, except as otherwise provided in any special law. Therefore, when an exempt firemen's …

IX.12.F CMIA Interest Liabilities – IX. Federal Grants

… paid by either the Federal Government or the state to the other compensate for lost value (e.g. investment … interest liability (which the Federal Government pays to the state) accrues for any covered program whereby a state … a state interest liability (which the state pays to the Federal Government) is recorded for any covered …

State Comptroller DiNapoli Releases Municipal Audit

… New York State Comptroller Thomas P. DiNapoli today announced the … at Open Book New York . Track municipal spending, the state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading … New York State Comptroller Thomas P DiNapoli today announced the …

II.4.A Minimum Financial Reporting Requirements – II. New York State Financial Accounting

… Combined Statements of Cash Receipts, Disbursements and Changes in Fund Balances for all funds of the State Combining Statements of Cash Receipts, Disbursements and Changes in Fund Balances for all funds of the State, by fund … Combined Statements of Cash Receipts, Disbursements and Changes in Fund Balances – Budget vs. Actual Detail schedules …

NYS Comptroller DiNapoli Announces Coal Investments Under Review

… steps to transition to a more sustainable business model in line with the growing low carbon economy. The review of … presented by climate change put their portfolios in jeopardy,” DiNapoli said. “We are assessing minimum … coal mining for profits, we may divest our holdings in that company.” The companies were selected from the Fund’s …