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NYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… greatest risks facing investors, but the worldwide effort to address it has spurred innovation and change,” DiNapoli … of the opportunities created by the global transition to a lower carbon, sustainable economy to strengthen the Fund.” As part of his Climate Action Plan , …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsUniversity Preparatory Charter School for Young Men – Student Enrollment and Billing (2013M-292)
… the School’s student enrollment and billing process for the period July 1, 2011 through July 16, 2013. Background The University Preparatory Charter School for Young Men is located in the City of Rochester and is … by a 10-member Board. The School’s budgeted appropriations for the 2013-14 fiscal year are approximately $4.9 million. …
https://www.osc.ny.gov/local-government/audits/charter-school/2014/01/24/university-preparatory-charter-school-young-men-student-enrollment-andComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… as part of our joint task force to root out corruption in New York.” “These greedy contractors sought to profit by … DiNapoli and I will remain vigilant to ensure that New York’s hard-working taxpayers don’t get fleeced by …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraudeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… months of receiving the proposal, eBay increased the number of women on its board and revised its Guidelines to …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersDiNapoli: Thruway Authority Owed More Than $275 Million in Unpaid Tolls and Fees
… an additional $7.2 million in tolls last year based on the number of license plate images that were rejected for …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-thruway-authority-owed-more-275-million-unpaid-tolls-and-feesWilliam Floyd Union Free School District – Check Signing and Online Banking (2022M-192)
… transactions were appropriate and secure. Key Findings While the bank transactions we reviewed were appropriate, the Board and District officials did not ensure check signings and banking transactions were … The District Treasurer (Treasurer) allowed employees to affix her signature to checks without overseeing the check …
https://www.osc.ny.gov/local-government/audits/school-district/2023/02/03/william-floyd-union-free-school-district-check-signing-and-online-bankingVillage of Holley – Financial Condition of the Water and Sewer Funds (2014M-334)
… the financial condition of the Village’s water and sewer funds for the period June 1, 2009 through September 12, 2014. … $1.78 million. Key Findings The water and sewer funds relied on interfund advances from the general fund to …
https://www.osc.ny.gov/local-government/audits/village/2015/04/03/village-holley-financial-condition-water-and-sewer-funds-2014m-334MTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… which will bring Long Island Rail Road (LIRR) service to Grand Central Terminal for the first time, is expected to cost nearly $9 billion when finished in 2019, more than … cost estimate and a decade later than expected, according to a report released today by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… Mount Vernon’s fiscal crisis,” DiNapoli said. “It is time for city officials to turn the page and overhaul their fiscal … a timely manner. 60 claims totaling $460,584 were not paid for essential services and infrastructure. The city lacked … and retained outside counsel, and then failed to seek reimbursement for more than $7,500 in payments to this …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonSt. Lawrence County Industrial Development Agency and Local Development Corporation – Disbursements (2021M-174)
… Paid $300,000 during our audit period ($200,000 annually) to the St. Lawrence County Industrial Development Agency … (IDA) without a written agreement detailing the services to be provided and the basis for the payment. Paid payroll … Review canceled check images and journal entries to provide additional oversight of the CFO’s duties. …
https://www.osc.ny.gov/local-government/audits/county/2022/01/21/st-lawrence-county-industrial-development-agency-and-local-development-corporationDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… commodity market volatility, supply chain issues and the number of workers returning to the office. Revenue growth is …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusNYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… based on race, religion, sex, national origin, age, disability, gender identity, or sexual orientation; and …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… based on their relative high carbon emissions and all have agreed to DiNapoli’s request that they set targets for … seeking GHG emissions reductions from corporations have resulted in agreements with numerous companies over the … communities and communities of color. 3M and Chemours have since agreed to expand their reporting around …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… I thank Orange County District Attorney Hoovler for his continued partnership and steadfast commitment to … State Comptroller’s Office and the New York State Police for their joint investigation of White that led to her … “That this defendant would seek to manipulate the system for her own benefit is reprehensible. I am thankful for the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund), released … to the highest ethical, professional and conflict of interest standards” and for being “well-prepared for the …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsSpringville-Griffith Institute Central School District – Access to Network and Information Applications (2021M-148)
… Determine whether Springville-Griffith Institute Central School District (District) officials adequately secured access to … … Determine whether SpringvilleGriffith Institute Central School District District officials adequately secured access …
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/07/springville-griffith-institute-central-school-district-access-network-andDiNapoli Audit Finds Western Regional OTB Lacks Accountability and Gave Out Lucrative Perks
… Betting Corp. (OTB) spent at least $121,000 on tickets to sporting events, concerts, food and alcohol for board … without the oversight required by state rules, according to an audit released today by New York State Comptroller … the rules, and poor documentation. DiNapoli urged the OTB to seek reimbursement for tickets and other expenses that …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-audit-finds-western-regional-otb-lacks-accountability-and-gave-out-lucrative-perksCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… (30 percent), with growth spread across many areas. The number of establishments increased by 28 percent (compared to …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… to the economic hardships faced by small businesses and not-for-profit organizations due to the pandemic. It provides low-interest loans for payroll and other qualified expenses, such as rent and utility payments. The loan can be forgiven if the …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… 508,650 loans totaling $51.9 billion. The recently enacted American Rescue Plan Act of 2021 authorizes several new and … it will likely benefit a great deal from this fund. Budget American Rescue Plan Act of 2021 The American Rescue Plan Act of 2021, signed into law by …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021