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Independent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund), released today by New York State Comptroller Thomas P. DiNapoli, commended the … posed.” The review was conducted by Kroll LLC. “The New York State Common Retirement Fund has proven once again …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… innovation and change,” DiNapoli said. “New York state’s pension fund will continue our leadership on the issue of … Capital Sustainable Solutions Fund, which will focus on small and mid-cap companies in sustainable sectors including … State Common Retirement Fund is the third largest public pension fund in the United States with $210.5 billion in …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli Honors Leaders at NYS Association of Black and Puerto Rican Legislators Conference
… and policy consultant for almost 20 years. During his career, he founded Basil Smikle Associates, managed electoral … and led his first strike when he was 16. Throughout his career, Bragg has a long history of attaining increased … of the New York City Housing Authority. Throughout her career, she has played a role in community planning and …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-honors-leaders-nys-association-black-and-puerto-rican-legislators-conferenceDiNapoli: Thruway Authority Owed More Than $275 Million in Unpaid Tolls and Fees
… account has a negative balance for over 30 days. If no payment is made in the next 30 days, the account is … two employees assigned to the program. Rejected License Plate Images Auditors also found fault with the Thruway’s … million in tolls last year based on the number of license plate images that were rejected for reasons, such as being …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-thruway-authority-owed-more-275-million-unpaid-tolls-and-feesDiNapoli: Better DEC Oversight of Dams Recommended To Prevent Failures and Safeguard Communities
… rating of unsafe requires immediate action to lower or drain the reservoir to reduce or eliminate the potential for …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-better-dec-oversight-dams-recommended-prevent-failures-and-safeguard-communitiesDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… Comptroller Thomas P. DiNapoli today announced that, as a result of recent shareholder proposals he has filed on … protected from the impact of climate change is a top priority.” The Fund engages with portfolio companies on … withdrawn by the Fund. Climate Risk Shareholder Proposals in 2022 GHG Reduction Targets DiNapoli filed proposals …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksNew York Farms and Farmland Decrease at a Higher Rate Than Nationally in 2025
… of Agriculture in February 2026, New York lost 500 farms and 100,000 acres of farmland between 2024 and 2025. … losses in this time period, the 1.6 percent loss of farms in New York was double the national rate of 0.8 … rate. Eighty percent of the reduction in the number of farms in New York came from small farms – those with sales of …
https://www.osc.ny.gov/reports/new-york-farms-and-farmland-decrease-higher-rate-nationally-2025COVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… on Facebook Today at 2 pm New York City’s world-renowned arts, entertainment and recreation sector saw the largest … a more dynamic or deeper array of venues and museums for arts and entertainment than New York,” DiNapoli said. “The … equipment, so that venues can reopen safely. "The arts, entertainment, and recreation industry are vital to the …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryDiNapoli: Gen Z and Young Millennials in New York Struggle With Economic, Affordability Challenges
… young adult populations, with the largest decrease in the North Country (8.5%). For 18-year-old high school graduates … People aged 26 to 34 are more likely to have a bachelor’s degree (31.5%) compared to those aged 35 and older (19.6%). … rate in New York for Black or African Americans aged 20 to 24 was 18.2%, more than double their white counterparts; the …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-gen-z-and-young-millennials-new-york-struggle-economic-affordability-challengesDiNapoli: NYC Facing Larger Budget Gaps Amid Slowing Economic Growth and Rising Costs
… additional savings if the need arises, as well as prepare for potential federal funding cuts down the road.” … expenses that were prepaid in FY 2025. After adjusting for all surplus transfers and prepayments, the November Plan … the city did not take significant steps to prepare for or provide clarity on the fiscal challenges it faces …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-facing-larger-budget-gaps-amid-slowing-economic-growth-and-rising-costsDiNapoli Report Looks at New York City Metro Area's Import and Export Economies
… The New York City Metropolitan Area accounted for more than $103 billion, or 69%, of the … the largest share of goods by value to the metropolitan area among all regions, according to a report released today … which examines imports into the New York part of the metro area, aims to help New Yorkers understand the potential …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-report-looks-new-york-city-metro-areas-import-and-export-economiesDiNapoli: State Tax Receipts and Spending Outpace Division of Budget's Projections Through December
… billion higher than estimates released in the Division of Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan. On a year-over-year basis, collections … Cash Report Related Report State Fiscal Year 2026 Enacted Budget and First Quarterly Financial Plans …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-state-tax-receipts-and-spending-outpace-division-budgets-projections-through-decemberCost-Saving Ideas: Credit Card Accountability - Minimizing the Risk of Error, Misuse and Fraud
… approved. This also saves time and energy for procurement staff. The cost of this convenience is the heightened risk of … a log for the use of credit cards shared by more than one staff member Segregate procurement duties among staff, such as approval, verification and payment of claims. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-credit-card-accountability-minimizing-risk-error-misuse-and-fraudTown of Sanford – Claims Audit Process (2021M-189)
Determine whether Town of Sanford (Town) officials ensured that claims were appropriately audited and approved and goods and services were received.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/sanford-2021-189.pdfAccuracy of Medicaid Eligibility Determined by NY State of Health (2019-S-43)
To determine whether NY State of Health properly sent accurate, complete, and timely Medicaid eligibility and and enrollment information to eMedNY ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19s43.pdfDalton-Nunda Central School District – Financial Management (2020M-92)
Determine whether the District's Board of Education (Board) and District officials adopted realistic budgets and effectively managed fund balance and reserves.
https://www.osc.ny.gov/files/local-government/audits/2020/pdf/dalton-nunda-2020-92.pdfTown of Tully – Justice Court Operations (2021M-10)
Determine whether the Town of Tully (Town) Justices provided adequate oversight of Justice Court (Court) financial activities and ensured collections were deposited timely and intact and properly reported and remitted.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/tully-justice-court-2021-10.pdfTown of Marcy – Justice Court Operations (2020M-166)
Determine whether the Town of Marcy (Town) Justices provided adequate oversight of Justice Court (Court) financial activities and ensured collections were deposited timely and intact and properly reported and remitted.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/marcy-justice-court-2020-166.pdfOversight of Housing Discrimination Complaints (2024-N-3) 180-Day Response
To determine whether the New York City Commission on Human Rights reviewed and addressed housing discrimination complaints timely and in accordance with its policies and procedures and the related laws.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2026-24n3response.pdfHousing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (2021-S-10) 180-Day Response
To determine whether Homes and Community Renewal (HCR) has established and maintains adequate internal controls to oversee and monitor the federally funded Community Development Block Grant program and HOME Investment Partnerships Program to ensure they meet requirements, and whether ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21s10-response.pdf