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DiNapoli: Queens Woman Pleads Guilty to Stealing $85,000 in NYS Pension Payments Meant for Her Deceased Father
… account was paid to the management company of her father’s condominium, where she resided. Hansen appeared before Judge …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-queens-woman-pleads-guilty-stealing-85000-nys-pension-payments-meant-her-deceased-fatherDiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will retire … New York State Comptroller Thomas P DiNapoli today announced that Vicki Fuller chief investment officer of …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundNYS Common Retirement Fund Announces Third Quarter Results
… in publicly traded domestic equities and 18.1 percent in international public equities. The remaining Fund assets by … (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 percent) and opportunistic alternatives and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… was $194.3 billion. As of Sept. 30, 2020, the Fund had 53.4 percent of its assets invested in publicly traded …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOpinion 93-3
… Lynd v Heffernan , 286 AD 597, 146 NYS2d 113 mot for lv to app granted 1 NY2d 641, mot to withdraw app granted 1 NY2d 919, 154 NYS2d 976). The primary rationale … proposals or quotations will not be in the best interest of the political subdivision (General Municipal Law, …
https://www.osc.ny.gov/legal-opinions/opinion-93-3New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… report notes that the performance of the Long Island Rail Road (LIRR) and the subway system has recently worsened. On-time performance on … as the LIRR itself. By 2016, the average distance that subway trains travel before breaking down had fallen by …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesOverview – XI. Procurement and Contract Management
… Quick Contracting is intended to significantly lessen the … that use an Invitation for Bid (IFB) are eligible for the Quick Contracting program if they meet the prescribed criteria. Section 6.A - Quick Contracting–Commodity, Printing, Miscellaneous Services … Quick Contracting is intended to significantly lessen the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi6-overviewCommon Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions. The presenters will provide examples of these errors as made in the Annual Update Document (AUD) and
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22.pdfNYS Common Retirement Fund Reports Estimated First Quarter Results
… three months of the fiscal year brought upheaval to the financial markets amid Russia’s invasion of Ukraine, rising … and transparency. Quarterly rates of return provide a snapshot of performance over three months and reflect a …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsXII.5.D Selecting the Appropriate Location – XII. Expenditures
… SECTION OVERVIEW AND POLICIES When processing payments to a vendor, agencies … that Location is no longer synonymous with payment method, and as a result, agencies can no longer rely on the default location. Instead, they must review and pick an appropriate Location for each transaction, as the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5d-selecting-appropriate-locationNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… (Fund) is evaluating 28 publicly traded integrated oil and gas companies to determine if they are prepared for the … to transition to the emerging net zero economy. “Oil and gas companies face significant and complex economic, … do not have viable plans to adapt.” Integrated oil and gas companies – including ExxonMobil, Chevron, Shell, BP and …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesIndependent Oversight: OSC's Contract Review Safeguards Public Funds
… money effectively and efficiently. One way the Office of the State Comptroller (OSC) exercises this responsibility … was completed in an average of just 5.3 days in 2021. A bill to statutorily restore certain OSC oversight authority … of Days for OSC Transaction Review – Calendar Year 2021 Type of Transactions Number Average Days for Review …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsNYS Common Retirement Fund Announces Third Quarter Results
… was 1.11 percent for the three-month period ending Dec. 31, 2016, with an estimated value of $186 billion, … 31, 2016, which is the end of the state fiscal year. As of Dec. 31, 2016, the CRF has 38.5 percent of its assets … 20162017 was 111 percent for the threemonth period ending Dec 31 2016 with an estimated value of $186 billion according …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsXI-A.1.B Category Codes – XI-A. Purchasing
… This section provides agencies with guidance regarding the proper use of category codes in the Statewide Financial System (SFS). In the SFS, the category code is used on purchasing documents to … This section provides agencies with guidance regarding the proper use of category codes in the Statewide Financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a1b-category-codesComptroller DiNapoli Releases Municipal Audits
… Management District , Town of Guilderland , Plattsburgh Housing Authority , Town of Salem and the Westbury Water … worked that were unsupported by time records. Plattsburgh Housing Authority – Tenant Rents (Clinton County) The … Waste Management District Town of Guilderland Plattsburgh Housing Authority Town of Salem and the Westbury Water …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 … was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value … State Comptroller Thomas P. DiNapoli. “Continued growth in the stock market has added to the state pension fund’s …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsXI.18.D Sales and Compensating Use Tax Documentation – XI. Procurement and Contract Management
… regardless of the transactional value of any contract, amendment, extension, or renewal, with one unusual exception that would occur if said amendment, extension, or renewal should result in a reduction …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18d-sales-and-compensating-use-tax-documentationOpinion 90-35
… is applicable. We are in receipt of your letter asking what monetary threshold applies to the purchase of fuel oil … Concerning what monetary threshold applies to the purchase of fuel oil …
https://www.osc.ny.gov/legal-opinions/opinion-90-35DiNapoli: Queens Economy Takes Off
… makes Queens the most sought after place to live in NYC. I only hope the next census properly reflects the 25% increase … higher than the citywide share (32 percent) and second only to Staten Island. Queens has the most single-family …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offState Comptroller DiNapoli Releases Audits
… a 2014 audit. Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-audits