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DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the … P DiNapoli today announced that the New York State Common Retirement Funds investment return was 1155 for the state …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24DiNapoli Files Shareholder Proposals with Six Companies on Political Spending
… transparency and accountability on the use of corporate dollars to further political agendas so they can determine … companies should openly disclose where their political dollars are being spent.” DiNapoli’s proposals ask the …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-files-shareholder-proposals-six-companies-political-spendingEugenio Maria de Hostos Charter School – Procurements and Information Technology (2013M-136)
… Purpose of Audit The purpose of our audit was to review the School’s procurement processes and internal … questionable whether the leases and contracts were in the best interest of the School. The School paid for use of a … and conditions of the lease agreements are in the School’s best interest. Develop policies and procedures for procuring …
https://www.osc.ny.gov/local-government/audits/charter-school/2014/01/17/eugenio-maria-de-hostos-charter-school-procurements-and-informationDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… government workforce reached more than 300,000 employees in June of 2024, the first year-over-year increase since the … Still, some city agencies remain understaffed, resulting in critical services being impacted, according to a new … Tool , which launched in November 2023 to help the public and lawmakers better evaluate agency performance. The …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli: State Pension Fund Releases Annual Investment Return
… P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the … P DiNapoli today announced that the New York State Common Retirement Funds Fund investment return was 414 for the state …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnEthics
Resources and information on ethics for local officials
https://www.osc.ny.gov/local-government/resources/ethicsNorth Bellmore Union Free School District - Procurement of Professional Services (2019M-95)
Determine whether the Board adhered to the law and District policy when procuring professional services.
https://www.osc.ny.gov/files/local-government/audits/pdf/north-bellmore-2019-95.pdfFly Creek Fire District – Non-Payroll Disbursements (2022M-115)
… (Board) did not ensure purchases were made at the best price. District officials could not demonstrate that …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/23/fly-creek-fire-district-non-payroll-disbursements-2022m-115DiNapoli: Wall Street Bonuses Declined in 2010
… by nearly 8 percent to $20.8 billion in 2010, about one third less than paid out in 2007 before the financial … reforms, such as a shift toward deferred compensation and higher base salaries. Wall Street profits totaled $27.6 … Wall Street profitability, totaled $27.6 billion in 2010, making 2010 the second most profitable year on record after …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010State Comptroller Thomas P. DiNapoli Statement on IDA Reform Legislaton (S.5867/A.7915)
… position to evaluate Industrial Development Agencies and the projects that receive tax breaks with new reforms now … the best practices employed by some IDAs around the state and should reassure taxpayers that private businesses are … receiving public support and that communities can recoup benefits if job creation goals are not met. “My thanks to …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-statement-ida-reform-legislaton-s5867a7915Cost-Saving Ideas: Evaluating Solid Waste Collection Options
… highest quality of service for the lowest possible cost. To determine if your community’s system of collection is the … estimate the cost of each option. The local government, when considering which system of collection to use, should … York State. See our Local Government Management Guides for best practices in seeking competition in procurement and …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-evaluating-solid-waste-collection-optionsXIII.10.A Refunds Owed to the State by an Employee - Using a State-Issued Check – XIII. Employee Expense Reimbursement
When an employee returns a Stateissued check resulting from an expense report the Business Unit must follow the check cancellation procedures for joint custody bank accounts outlined in Chapter XII Section 9
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii10a-refunds-owed-state-employee-using-state-issued-checkProgress Report: The MTA Capital Security Program - January 2010
In the wake of the events of September 11, 2001, the MTA initiated intense planning efforts to determine how to best protect its customers and key assets.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-19-2010.pdfXI.2.E Submission of Agency Contracts and Amendments – XI. Procurement and Contract Management
… contract and amendment submittals subject to the Office of the State Comptroller (OSC) approval. Once a State agency … the Grants Management System within SFS for the submission of grant contracts. Certain Purchase Orders are subject to OSC prior approval; for guidance on the creation of those transactions in the SFS and submission of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2e-submission-agency-contracts-and-amendmentsInvestors Reach Settlement with Wynn Resorts
… and directors of Wynn Resorts Ltd. claiming they failed to protect the company and employees from former CEO Steve … DiNapoli and the New York City Retirement Systems and Pension Funds, as co-lead plaintiffs, through their counsel … to require all directors seeking election to the board receive majority vote support except in the instance of a …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsDiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… school districts’ mental health teams are understaffed, with too few available services and inconsistent and limited oversight of mental health … the COVID-19 pandemic created a crisis for many students in New York, but not enough is being done to make sure they …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schoolsCayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
Determine whether professional services were procured in a manner to ensure the prudent and economical use of public money in the best interests of taxpayers.
https://www.osc.ny.gov/files/local-government/audits/pdf/cayuga-onondaga-boces.pdfDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… Fund voted against a record number of director nominees at companies that have failed to address climate risks. In total, the Fund voted against 387 individual directors at 72 companies, including Chevron Corp., ExxonMobil Corp., …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonChild Care Stabilization Grants
… was available. While federal guidelines allowed OCFS latitude in developing a grant funding methodology, we found …
https://www.osc.ny.gov/state-agencies/audits/2024/11/07/child-care-stabilization-grantsDiNapoli: State Must Improve Oversight of Most Dangerous Sex Offenders
… reoffending. “There’s a reason New York keeps an eye on convicted sex offenders who are released from prison,” … but only 38 percent of 113 required updates were done on time while 15 percent were more than a month late. At the … spending, public authority financial data and information on 50,000 state contracts, visit Open Book New York . The …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-state-must-improve-oversight-most-dangerous-sex-offenders