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Revenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… are delayed too long. Analyze disbursements to identify vendors that offer early-payment discounts. For all other …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… DiNapoli’s broader review of the transition readiness of energy sector investments that face significant climate risk. With today’s announcement, the Fund will be divesting … actions should help accomplish the goals of our Climate Action Plan.” Today’s actions are part of DiNapoli’s …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
New York State Comptroller and Trillium Asset Management today announced that they have withdrawn the shareholder proposal they filed at eBay Inc after the company agreed to revise its Governance Guidelines to include gender and racial diversity among the qualities its seeks in its board members
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersSelected Aspects of Accommodations for Passengers With Disabilities (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Selected Aspects of … ( 2019-S-41 ). Background The PANYNJ was established in 1921 as an interstate public entity created to control the … terminals serve the transportation needs of millions in the New York City metropolitan area. The Americans with …
https://www.osc.ny.gov/state-agencies/audits/2023/05/12/selected-aspects-accommodations-passengers-disabilities-followState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… The state pension fund has committed an additional $50 million … has returned $293 million to the state pension fund on 71 exited investments. As of September, the state pension …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… The New York State Common Retirement Fund (Fund) will restrict … are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. DiNapoli, trustee of the … net zero greenhouse gas emissions by 2040 . Background on New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesOversight of Shelter Placements
… Objective To determine whether the New York City Department of Homeless … oversight of the homeless shelters. Governed by a “right to shelter” mandate, the City provides temporary emergency …
https://www.osc.ny.gov/state-agencies/audits/2022/12/01/oversight-shelter-placementsDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas 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/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasXI.8.A Centralized Contracts – XI. Procurement and Contract Management
… let by the Office of General Services (OGS) for use by State agencies and other authorized users. State Finance Law … contract that require a specific mini-bid contract identification number SFS users will create a contract … date the purchase order would be dispatched to the vendor. The Expire Date should be the last day of the fiscal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8a-centralized-contractsFund's Mission, Values and Investment Philosophy
… be a high-performing organization with exceptional people and the highest standards for ethics and investment management. Core values We commit to living these values every day: Performance We expect and strive for Fund performance sufficient to achieve our …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyArchived: Legislative Session 2021–2022
… - Relates to conflicts of interest of municipal officers and employees, codes of ethics and boards of ethics; permits local codes of ethics to … to comply with certain provisions of the State Finance Law and the Public Buildings Law relating to procurements. …
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022NYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… for highway, infrastructure, commercial, and residential construction, agreed to assess, and publicly report on, the …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesDiNapoli Releases Climate Action Plan
… New York State Comptroller Thomas P. DiNapoli today released … Plan to protect and invest the assets of the $210 billion New York State Common Retirement Fund (Fund). The plan lays …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planTown of Cherry Valley – Financial Condition (2016M-212)
… Purpose of Audit The objective of our audit was to assess the Town’s financial condition and analyze the … health center’s activity and some costs are not allocated to the health center accordingly. Without planning for unexpected additional expenditures, the ability to continue operating the health center may be significantly …
https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212Chautauqua County – Investments and Payroll (2016M-147)
… our audit were to review the County’s investment program and salaries and fringe benefit payments for the period January 1, 2013 through January 15, 2016. … by a 19-member County Legislature. Budgeted appropriations for 2015 totaled approximately $229 million. Key Findings The …
https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147Village of Stamford – Claims Audit (2022M-197)
… complete report – pdf] Audit Objective Determine whether the Village of Stamford (Village) Board of Trustees (Board) … effectively audited claims prior to payment. Key Findings The Board did not effectively audit claims prior to payment. As a result, disbursements were made for unsupported and/or improper claims and were not in the …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-stamford-claims-audit-2022m-197Town of Franklinville – Procurement (2024M-56)
… officials complied with the requirements of the Town’s procurement policy. Key Findings Town officials did not always comply with the requirements of the Town’s procurement policy because the Town Board (Board) members, … chief financial officer, were not familiar with the Town’s procurement policy and its requirements. Further, they did …
https://www.osc.ny.gov/local-government/audits/town/2024/07/12/town-franklinville-procurement-2024m-56XI.14.B Publication of Grants Opportunities – XI. Procurement and Contract Management
… Development (DED) will publish grant opportunities in the Contract Reporter. In addition, publication of grant opportunities in … a result, any grant opportunity that is published in the Contract Reporter or State Register will be considered to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi14b-publication-grants-opportunitiesXI.12.D Closing Contracts – XI. Procurement and Contract Management
… Office of the State Comptroller (OSC) can close a contract in the Statewide Financial System (SFS), regardless of … are associated with the contract. All purchase orders are in either “Cancelled” or “Complete” status. No retainage is … to close purchase orders associated with contracts in a timely fashion by disencumbering excess funds and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsBethpage Public Library – Procurement (2019M-219)
… - pdf ] Audit Objective Determine whether the Bethpage Public Library (Library) Board of Trustees (Board) ensured goods and … corrective action. … Determine whether the Bethpage Public Library Library Board of Trustees Board ensured goods …
https://www.osc.ny.gov/local-government/audits/library/2021/06/04/bethpage-public-library-procurement-2019m-219