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NYS Common Retirement Fund Announces First Quarter Results
… international public equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (26.7 … DiNapoli initiated quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to … and transparency. A recent independent audit by Funston Advisory Services (FAS) determined the Fund was …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsSelected Aspects of Discretionary Spending
… services while maximizing the return on investment for the taxpayers. To accomplish its mission, the Authority incurs direct costs for specific program purposes, and it incurs indirect or … spending are appropriate and the dollar thresholds for each. In addition, the policies should state what type of …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-1Securities Coordinating Committee
… (SCC) was established by Executive Order of the Governor in 1977 and expanded in 1983 to coordinate the scheduling of debt offerings by the … other major debt-issuing organizations also participate in the scheduling activity of the Committee. They include: … SCC was established by Executive Order of the Governor in 1977 and expanded in 1983 to coordinate the scheduling of …
https://www.osc.ny.gov/debt/securities-coordinating-committeeXI.18.I Sexual Harassment Prevention Certification – XI. Procurement and Contract Management
… to all its employees. Every bid made to the State or any public department or agency thereof, where competitive … of the labor law.” Bids that do not contain the above certification may not be considered for award; provided however, that if the bidder cannot make the certification, the bidder shall so state and shall provide …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18i-sexual-harassment-prevention-certificationDiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… her health insurance premiums, giving herself $5,518.77 in benefits that she was not entitled to. "Today, Jennifer … Corning Police Department for their ongoing partnership in ensuring we uncover corruption and carry out justice.” The … light. She pleaded guilty to falsifying business records in the first degree and was ordered to pay restitution in the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… and minimize market impact. “Russia’s unlawful invasion of Ukraine has led to unprecedented sanctions against Russian … Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the assets of the New York State and Local Retirement System on behalf …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewNYS Common Retirement Fund Reports Second Quarter Results
… quarter of the State Fiscal Year (SFY) 2021-22 was 1.15% for the three-month period ending Sept. 30, 2021, according … second quarter of the State Fiscal Year SFY 202122 was 115 for the threemonth period ending Sept 30 2021 according to …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsCapital – 2021 Financial Condition Report
… to the Thruway Authority for the Governor Mario M. Cuomo Bridge and other Thruway system improvements. Over …
https://www.osc.ny.gov/reports/finance/2021-fcr/capitalMessage from the Comptroller – 2021 Financial Condition Report
… State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to the multitude of challenges. The impact of … State Fiscal Year SFY 202021 will long be remembered for the disruption caused by the COVID19 pandemic and for the …
https://www.osc.ny.gov/reports/finance/2021-fcr/message-comptrollerOlean Firefighter Charged With Stealing Over $116,000 From City's Fire Department
… State Police announced the arrest of Terry Gaylor Jr., for allegedly stealing over $116,000 from the City of Olean … the New York State Police, he will face the consequences for his actions.” Gaylor Jr., 41, of Olean, was charged with … account, which he then used to withdraw cash and pay for personal expenses. Gaylor Jr. is due back in court on …
https://www.osc.ny.gov/press/releases/2022/01/olean-firefighter-charged-stealing-over-116000-citys-fire-departmentVillage of Herrings – Financial Operations and Sale of Land (2013M-41)
… Purpose of Audit The purpose of our audit was to determine whether the Board properly … 1, 2011, to September 30, 2012. Background The Village of Herrings is located in the Town of Wilna in Jefferson … Village of Herrings Financial Operations and Sale of Land 2013M41 …
https://www.osc.ny.gov/local-government/audits/village/2013/05/03/village-herrings-financial-operations-and-sale-land-2013m-41DiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… received a $4,055 loan check to get a replacement check in the same amount. Both checks were then cashed separately. … a request to NYSLRS for a loan against her pension in the amount of $4,055. After she received the check, Brady … loan check and Brady was sent a new one, which she cashed. In the meantime, the third party had deposited the original …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkState Comptroller Releases Municipal Audits
… of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local … while developing estimates for significant revenues and expenditures in the 2021 adopted budget. Adequacy of 2021 … while developing estimates for significant revenues and expenditures in the 2021 adopted budget. Adequacy of 2021 …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-releases-municipal-auditsSelect Financial Management Practices
… of delinquent accounts receivable are in compliance with the Commission’s procedures for the period January 1, … collection practices to be generally in compliance with Commission procedures and laws and regulations. We found …
https://www.osc.ny.gov/state-agencies/audits/2015/11/05/select-financial-management-practicesDiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider
… P. DiNapoli today issued a statement on the guilty plea in U.S. District Court by Joseph L. Junkovic related to a … Attorneys and prosecutors statewide to combat corruption in the use of public funds.” Junkovic, 49, faces up to 21 months in prison after pleading guilty to making false statements …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-providerCommunity College Safety Reporting (2015-MS-2)
… [pdf] , Herkimer County [pdf] , Niagara County [pdf] , and Rockland [pdf] . Purpose of Audit The purpose of our … 31, 2013. Background The Clery Act requires all public and private colleges participating in Federal Title IV student financial aid programs to prepare, publish and distribute an Annual Security Report (ASR) disclosing …
https://www.osc.ny.gov/local-government/audits/community-college/2015/08/28/community-college-safety-reporting-2015-ms-2Real Estate Portfolio
… nation's largest state public power entity and a leader in supplying the State with electrical power. Public … generating projects, along with an administrative building in White Plains and several permanent easements. Key Findings NYPA did not include all of its property in the reports it submits to the State and posts on its …
https://www.osc.ny.gov/state-agencies/audits/2014/06/20/real-estate-portfolioSelected Aspects of Discretionary Spending
… York. RIOC was created by the New York State Legislature in 1984 to take responsibility, pursuant to a General … 147 acres comprising the former Welfare Island, located in New York City’s East River. RIOC assumed the role of the … $1.7 million of RIOC spending that was discretionary in nature. Each public authority should have formal policies …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-3NYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Rejects DOT Contract due to Unanswered Questions About Contractor
… Limnes Corp. for $4.7 million for painting bridges in Nassau and Suffolk counties citing its ties to two … closely affiliated with two other entities that have been in serious trouble and are forbidden to do business with the … was a $4.7 million contract to paint 13 NYS DOT bridges in Nassau and Suffolk counties. During the contract review, …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rejects-dot-contract-due-unanswered-questions-about-contractor