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State Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… Thomas P. DiNapoli today announced a $3 billion increase to the New York State Common Retirement Fund’s (Fund) … Investment Program, raising its total commitment to $10 billion. "Climate change poses a significant threat to … Thomas P DiNapoli today announced a $3 billion increase to the New York State Common Retirement Funds Fund …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programComptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government audits have been issued
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-auditsMedicaid Program – Improper Medicaid Payments for Recipients Diagnosed With Severe Malnutrition
… the appropriate International Classification of Diseases (ICD) code on its claim to reflect the diagnosis. Generally, as the … to a hospital will increase. Medicaid will only pay for medical care and services that are medically necessary, …
https://www.osc.ny.gov/state-agencies/audits/2019/04/08/medicaid-program-improper-medicaid-payments-recipients-diagnosed-severe-malnutritionWyandanch Union Free School District - Budget Review (B19-7-1)
… (5 percent). Variances were largely due to overestimated State aid ($1.6 million or 4 percent), outside services ($2.4 … million. Variances will be largely due to overestimated State aid ($733,166 or 2 percent), outside services ($1.1 … need to levy an additional $9 million in real property taxes. Key Recommendations Pay careful attention to State aid …
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/29/wyandanch-union-free-school-district-budget-review-b19-7-1Borough of Manhattan Community College – Controls Over Bank Accounts (Follow-Up)
… included in our initial report, Borough of Manhattan Community College: Controls Over Bank Accounts ( 2015-S-93 ). … included in our initial report Borough of Manhattan Community College Controls Over …
https://www.osc.ny.gov/state-agencies/audits/2018/03/06/borough-manhattan-community-college-controls-over-bank-accounts-followFacility Oversight and Timeliness of Response to Complaints and Inmate Grievances
… (county jails and New York City facilities), and 429 local lockups. The Commission is charged with both the …
https://www.osc.ny.gov/state-agencies/audits/2018/01/19/facility-oversight-and-timeliness-response-complaints-and-inmate-grievancesNassau County – Contract Approval Process (2012M-192)
… was to examine the County's internal controls over the approval of contracts equal to or greater than $50,000 for … of the 22 contracts subject to the County Charter 45-day approval process exceeded the limit from two to 111 days. … were added by NIFA during a control period, the contract approval process increased to an average of 85 days, an …
https://www.osc.ny.gov/local-government/audits/county/2013/03/14/nassau-county-contract-approval-process-2012m-192DiNapoli: State Agency Overtime Hits Record $611 Million
… be reined in,”DiNapoli said. “State agencies should take a hard look at how they are using overtime and for what. To …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-state-agency-overtime-hits-record-611-millionProgram Oversight and Monitoring of the Maximus Contract for the New York State of Health (Insurance Marketplace) Customer Service Center
… Health, to help New Yorkers shop for and enroll in health insurance coverage. Since 2010, the Department has had a … with Maximus to develop and operate a statewide enrollment center for the State’s public health insurance programs. … Department tasked Maximus to staff and operate a Customer Service Center to assist Marketplace users. Consisting of a …
https://www.osc.ny.gov/state-agencies/audits/2016/06/16/program-oversight-and-monitoring-maximus-contract-new-york-state-health-insuranceNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the first quarter of the state fiscal … fiscal year," DiNapoli said. "As a long term investor, the fund's performance is best measured by its success over a … The New York State Common Retirement Funds Fund overall return in the first quarter of the state fiscal …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the third quarter of the state fiscal year 2015 was 1.91 … 31, 2014. The Fund has 39.5 percent of its assets invested in publicly traded domestic equities and 13.2 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… Common Retirement Fund's (Fund) overall return in the first quarter of the state fiscal year 2015-2016 was 0.52 … to New York State Comptroller Thomas P. DiNapoli. "The first quarter presented a challenging investment climate," … State Common Retirement Funds Fund overall return in the first quarter of the state fiscal year 20152016 was 052 …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… in domestic and global equities markets," DiNapoli said. “Our goal is always to grow the Fund’s long-term value in … mortgages (26.6 percent), private equity (7.8 percent), real estate (6.8 percent), absolute return strategy (3.1 percent) …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billionNYS Common Retirement Fund Announces Third Quarter Results
… quarter that saw continued strong performance in domestic and developed international equities markets," DiNapoli said. … its assets invested in publicly traded domestic equities and 17.1 percent in international public equities. The … Fund assets by allocation are invested in cash, bonds and mortgages (27.6 percent), private equity (7.8 percent), …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsLackawanna City School District – Financial Condition (2014M-119)
… period July 1, 2012 through March 31, 2014. Background The Lackawanna City School District is located in the City of Lackawanna, Erie County and is governed by the Board of … Lackawanna City School District Financial Condition 2014M119 …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/08/lackawanna-city-school-district-financial-condition-2014m-119DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of … 2022-23. For the three-month period ending Dec. 31, 2022, Fund investments returned an estimated 4.51%. “The equity … estimated value of the New York State Common Retirement Fund was $2423 billion at the end of the third quarter of …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… As of Dec. 31, the Fund had 41.84% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (22.62%), private equity … initiated quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to increase …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterFund Financial Data – 2023 Financial Condition Report
… Fund financial statements provide a short-term view of finances. As such, these statements only … and outflows of current financial resources— cash or liquid assets that are available to pay current obligations (or will be soon). Funds represent sources of funding and spending for …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… Fund (Fund) was $254.1 billion at the end of the first quarter of state fiscal year 2023-24. For the … Retirement Fund Fund was $2541 billion at the end of the first quarter of state fiscal year 202324 …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterDiNapoli: Local Sales Tax Collections Grow by 1.5% in April Compared to Last Year
… York state increased by 1.5% in April compared to the same month in 2022, according to an analysis released today by … billion, up $25.8 million compared to the same time last year. “Year-over-year sales tax growth has slowed from its … inflation. Sales tax collections typically fluctuate month to month, and slower overall growth will mean more …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-grow-1.5-percent-in-april-compared-last-year