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

… Thomas P. DiNapoli today announced that after 16 years of distinguished service, David Peirez is stepping down as Chairman of the Real Estate Advisory Committee (REAC) for the New York … Retirement Fund. DiNapoli also announced the appointment of Louis Dubin, a member of REAC since 2003, as the …

Comptroller DiNapoli Releases Municipal Audits

… P. DiNapoli today announced the following local government audits have been issued. Village of Bloomingburg – Financial … adequately oversee the treasurer’s work or require annual audits of the treasurer’s records and reports. Auditors also … P DiNapoli today announced the following local government audits have been issued …

NYS Common Retirement Fund Reports First Quarter Results

… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 … Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s value well above what it … 30, 2020, the Fund had 53.0 percent of its assets invested in publicly traded equities. The remaining Fund assets by …

2016 Financial Condition Report – 2016 Financial Condition Report

… to present the State of New York’s Financial Condition Report for the fiscal year ended March 31, 2016. After … other purposes over multiple years. Read More About this Report This report provides citizens with an overview of the financial …

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

… Section 98-a of the State Finance Law governs the distribution of interest … earnings must be submitted, in writing, within 30 days of the start of the fiscal year or 30 days following the … Section 98a of the State Finance Law governs the distribution of interest …

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

… Comptroller Thomas P. DiNapoli today announced legislation to create an optional investment pool to help the state and local governments fund retiree health … Comptroller Thomas P DiNapoli today announced legislation to create an optional investment pool to help the state and …

Marketing Service Performance Monitoring

… has established adequate internal controls to oversee, monitor, and manage contracted marketing services, including … and for establishing a system of internal controls to monitor, oversee, and manage the contract. These controls … As a result, ESD does not have an appropriate system to monitor, measure, and evaluate the extent to which any …

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

… review of the $291.4 billion New York State Common Retirement Fund (Fund) recognized the Fund for its exemplary … LLP (Weaver). “During my tenure, the New York State Common Retirement Fund has established itself as one of the nation’s … interest standards, and acts for the sole benefit of the retirement system’s members and beneficiaries. The Fund has a …

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

… made 12 unsupported adjustments totaling $1,981 to four customer accounts without any review or approval and the … proposed budget includes approximately $10.9 million in health insurance appropriations; this appropriation is $1.5 million, …

Management of Internal Controls

… Purpose To determine if the Board of Directors of the Fuller Road Management Corporation … To determine if the Board of Directors of the Fuller Road Management Corporation …

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

… making it easier for New Yorkers of all income levels to invest in their loved ones' futures as the cost of a college education continues to rise," DiNapoli said. "As our program has grown, we've … in the nation. On September 27, 2018, the NY 529 fee drops to 0.13 percent, meaning participants will pay $1.30 in …

DiNapoli Report Assesses MTA's Capital Needs and Funding Scenarios

… by its own targets to maintain a debt burden that does not impact day-to-day operations. Currently, the MTA …

Opinion 95-26

… having essentially the same membership as the association. You ask whether the Lawrence-Cedarhurst Volunteer and Exempt …

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

… CMIA interest liabilities paid by either the Federal Government or the state to the … lost value (e.g. investment earnings) of funds. A federal interest liability (which the Federal Government pays to the … CMIA interest liabilities paid by either the Federal Government or …

State Comptroller DiNapoli Releases Municipal Audit

… for reliability or compare it to estimates in project applications. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …

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

… quarterly, and annual financial statements prepared on a cash basis include: Combined Statements of Cash Receipts, … Balances for all funds of the State, by fund group Notes to the Financial Statements Combining Statements of Selected … information provided includes, but is not limited to: Governmental Funds Combined Statements of Cash Receipts, …

NYS Comptroller DiNapoli Announces Coal Investments Under Review

… in line with the growing low carbon economy. The review of coal companies is part of DiNapoli’s Climate Action Plan  to further decarbonize the … the Fund’s portfolio because they earn at least 10 percent of revenues from mining thermal coal – coal that is burned in …