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NYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return … 2016, with an estimated value of $184.5 billion, according to New York State Comptroller Thomas P. DiNapoli. … across several asset classes had positive returns during a solid quarter,” DiNapoli said. “Our long-term perspective …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsNew Suffolk Common School District – Selected Financial Operations (2013M-197)
… period July 1, 2011 through March 31, 2013. Background The New Suffolk Common School District is located in the Town of … Key Findings The District retained excessive fund balance, exceeding the permitted statutory limit, in each of …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/13/new-suffolk-common-school-district-selected-financial-operations-2013mNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was … has reached the $200 billion milestone, during a quarter in which returns exceeded the strong performance we saw at … more significantly it has come a long way since 2008. We take the long view of success, investing in ways that provide …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsOverview – Contribution Stabilization Program
… (CSP) is an optional program that allows you to pay a portion of your annual pension contributions to the Fund when due and pay the remainder over time with interest. The … payment as rates decrease. Participation in the program does lead to higher costs over the long-term for employers …
https://www.osc.ny.gov/retirement/employers/csp/overviewIntroduction to IT Governance – Information Technology Governance
… amount of resources into their information technology (IT) systems including, but not limited to, costs for computers and related hardware equipment, … inappropriate and wasteful use. Protecting IT assets is especially important given the ongoing and escalating …
https://www.osc.ny.gov/local-government/publications/it-governance/introduction-it-governanceNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the … bank actions that triggered broad market volatility in the international markets. The Fund’s value was $176.8 billion as …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… New York State Comptroller Thomas P. DiNapoli has directed staff to prohibit all new investments in Russian companies and to review the … companies, I believe it is prudent to freeze purchases in all Russian companies due to the situation’s unpredictability …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… State tax receipts through the first two months of State Fiscal Year (SFY) 2021-22 were $4 billion higher … “The strong tax collections through the first two months of the state fiscal year is good news and gives reason for … year from final returns and extension requests. Year-to-date, consumption and use tax collections were $2.9 billion, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsTown of Cherry Valley – Budget Review (B4-14-21)
… Purpose of Audit The purpose of our budget review was to determine whether the significant … the 2015 fiscal year are reasonable. Background The Town of Cherry Valley is located in Otsego County. Our Office …
https://www.osc.ny.gov/local-government/audits/town/2014/11/12/town-cherry-valley-budget-review-b4-14-21DiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… business records in the first degree and was ordered to pay restitution in the amount of $5,518.77. Thurber is due back in court for sentencing on August 9, 2022. Since taking office in 2007, DiNapoli has committed to …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsNYS Common Retirement Fund Reports First Quarter Results
… Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsTown of Edwards – Internal Controls Over Selected Financial Operations (2013M-20)
… April 30, 2012. Background The Town of Edwards is located in St. Lawrence County and has a population of 1,160 … maintain the Town’s financial stability. The fund balances in the Town’s major operating funds fluctuated significantly … primarily because the Board over-appropriated fund balance in the budget and allowed the budget to be overspent. Duties …
https://www.osc.ny.gov/local-government/audits/town/2013/04/12/town-edwards-internal-controls-over-selected-financial-operations-2013m-20NYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated … the three-month period ending Sept. 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: April Local Sales Tax Collections Up Nearly 46 Percent From 2020
… today. Collections totaled $1.5 billion, up $464 million from April of last year. “The strong collections in April … continue to be vigilant when it comes to their finances.” Much of this spike in monthly statewide local sales taxes … by Region (for detailed monthly breakdown) Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-april-local-sales-tax-collections-nearly-46-percent-2020State Comptroller DiNapoli Releases Municipal Audits
… perform his financial duties and cannot provide support for almost $1.6 million in interfund loans. Although … did not prepare and file the annual financial reports for 2019 and 2020 with the Office of the State Comptroller in …
https://www.osc.ny.gov/press/releases/2021/09/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… the clerk recorded, deposited, remitted and reported all tax collections, she did not always record dates of … collections totaling $438 (64%). The clerk did not deposit all tax collections within 24 hours as required. In addition, …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the … to State Comptroller Thomas P. DiNapoli. August’s sales tax collections totaled $1.3 billion for counties and cities, … extreme than the early months of the pandemic when sales tax collections plummeted by double digits. "Since the …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustTown of Ballston – Water Fund Financial Operations (2012M-258)
… body responsible for managing Town operations. For fiscal year 2012, appropriations totaled $5.9 million, including appropriations of $1.1 million for the 12 water districts. Key Findings The Town’s accounting … corrective action. Specifically, at the end of the fiscal year 2011, the Town reported a fund balance of $520,771 in …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-ballston-water-fund-financial-operations-2012m-258Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… the 2 percent property tax increase limit under the new tax cap law, thereby allowing the Town’s 2013 budget to …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231DiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… are increasingly turning to renewable energy sources to power their operations. The U.S. Environmental Protection … 500 companies sourcing renewable energy from solar, wind, geothermal and other resources that offer the most …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energy