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Town of Owasco – Financial Management and Procurement (2021M-70)
… and playground equipment were procured in a manner to ensure the prudent and economical use of public money in … in the unrestricted general fund balance increasing to an excessive level. Always seek competition for … findings and recommendations and indicated that they plan to take corrective action. …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70North Syracuse Central School District – Professional Services (2022M-34)
… School District (District) officials sought competition for the procurement of professional services and entered into … we reviewed, they did not always seek competition for professional services in accordance with District policy. … providers without seeking competition. Used a request for proposals (RFP) process to select certain professional …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34South Butler Fire District – Board Oversight of Financial Operations (2020M-155)
… report - pdf ] Audit Objective Determine whether the South Butler Fire District (District) Board of Fire … Determine whether the South Butler Fire District District Board of Fire …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/30/south-butler-fire-district-board-oversight-financial-operations-2020m-155Identifying, Reporting, and Providing Services for Youth at Risk of Sexual Human Trafficking in New York City (2021-N-2) 180-Day Response
To determine if the New York City Administration for Children’s Services and the New York City Department of Youth and Community Development identify, report on, and provide services for victims of child sex trafficking and those at risk of child sex trafficking. The audit covered the period from Ja
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21n2-response2.pdfRevenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… a formal investment policy, if you haven’t already, to guide your local government or school district in making … Additional Resources Cash Management Technology [pdf] Fiscal Oversight Responsibilities of the Governing Board [pdf] Updated 2021 …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsDiNapoli Releases Climate Action Plan
… Thomas P. DiNapoli today released a Climate Action Plan to protect and invest the assets of the $210 billion New York State Common Retirement Fund (Fund). The plan lays out a path for the Fund to further address climate … Thomas P DiNapoli today released a Climate Action Plan to protect and invest the assets of the $210 billion New …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planNYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… York State Comptroller Thomas P. DiNapoli today announced results of the New York State Common Retirement Fund’s latest … York State Comptroller Thomas P DiNapoli today announced results of the New York State Common Retirement Funds latest …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesArchived: Legislative Session 2021–2022
… the state insurance fund by the state comptroller. Natural Gas Damage Compensation Fund – A.7282 (Englebright) – Establishes the natural gas production contamination response and compensation …
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022eBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… they have withdrawn the shareholder proposal they filed at eBay Inc. after the company agreed to revise its Governance … members. When DiNapoli and Trillium filed their proposal, eBay had just one woman on its board, lagged its peers when … its board. Within months of receiving the proposal, eBay increased the number of women on its board and revised …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… The New York State Common Retirement Fund (Fund) will restrict its investments in eight integrated oil and gas companies, including Exxon Mobil Corp., after a review of the companies’ readiness to transition to a low-carbon … The New York State Common Retirement Fund Fund will restrict …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… The New York State Common Retirement Fund (Fund) is evaluating 42 publicly traded shale oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State … The New York State Common Retirement Fund Fund is evaluating …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasSelected Aspects of Accommodations for Passengers With Disabilities (Follow-Up)
… 1921 as an interstate public entity created to control the port district of New York and New Jersey, maintaining the … Act, PANYNJ was required to identify key stations in its Port Authority Trans-Hudson (PATH) system and make those … and non-compliance with the regulations in areas of the Port Authority Bus Terminal where some of the gates at …
https://www.osc.ny.gov/state-agencies/audits/2023/05/12/selected-aspects-accommodations-passengers-disabilities-followXI.8.A Centralized Contracts – XI. Procurement and Contract Management
… users. State Finance Law requires agencies use centralized contracts to purchase commodities and services that meet … utility. Information about the use of specific centralized contracts can be found on the OGS website . Agency instructions for purchasing from centralized contracts are provided by OGS in the contract award notices …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8a-centralized-contractsDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… The New York State Common Retirement Fund (Fund) will restrict investments in oil sands companies that have not demonstrated that they are prepared for the transition to a low-carbon economy, New York State … The New York State Common Retirement Fund Fund will restrict …
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 Services is effectively placing clients into … through January 2022. About the Program The Department of Homeless Services (DHS), an administrative unit of the New York City Department of Social Services (DSS), is …
https://www.osc.ny.gov/state-agencies/audits/2022/12/01/oversight-shelter-placementsState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… The state pension fund has committed an additional $50 million for investments … by Graycliff Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State … has returned nearly $300 million to the state pension fund and supported thousands of jobs across the state,” said …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesFund's Mission, Values and Investment Philosophy
… and maintain fully funded status. Sources of return We believe that asset allocation is the single largest driver of … We consider environmental, social and governance factors in our investment process because they can influence both … sectors, geographies, time horizons, and other factors. We believe that risk should be managed first at the Fund level …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyChautauqua County – Investments and Payroll (2016M-147)
… elected officials should not have been paid for unused vacation leave totaling $14,875 during 2013 and 2014. Key … Cease allowing elected officials to accrue and be paid for vacation leave. …
https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147Town of Cherry Valley – Financial Condition (2016M-212)
… to assess the Town’s financial condition and analyze the health center’s direct and indirect costs for the period … governed by an elected five-member Town Board. The Town’s health center primarily serves the Town residents but also … is not maintaining separate accounting records for the health center’s activity and some costs are not allocated to …
https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212Town of Franklinville – Procurement (2024M-56)
… attend free trainings that were available to assist them in their procurement responsibilities. As a result, $827,000 or 41 percent of the $2 million in procurements we reviewed were made without competitive procurement methods. In addition, because Board members were not familiar with the …
https://www.osc.ny.gov/local-government/audits/town/2024/07/12/town-franklinville-procurement-2024m-56