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DiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… “ A Ticking Clock for Job Benefits ,” was published in The Albany Times Union today, urging the state Legislature to act on his proposal to create an optional investment pool to help fund retire … New York is behind other states when it comes to paying for benefits promised to public employees when they …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-careControls Over Capital Improvements at City-Owned Homeless Shelters
… of approximately $9.7 million. Notably, one project – the East 119 Street project, which was originally expected to cost … to other shelters or to other rooms within the shelter: At Brooklyn’s Auburn Family Residence, which housed 172 adult …
https://www.osc.ny.gov/state-agencies/audits/2020/08/25/controls-over-capital-improvements-city-owned-homeless-sheltersDebt – 2023 Financial Condition Report
… The debt burden of a governmental entity creates fixed costs that directly … Second Highest in Outstanding Debt Nationwide At the end of SFY 2022-23, the State reported the following debt levels: $1.8 billion of constitutionally authorized, voter-approved general …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer today called on … companies on the risks they face from climate change is a red flag for investors,” Stringer said. “The SEC has both the …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryDiNapoli: IDA Audits Reveal Need For Improved Project Oversight
… said DiNapoli. “IDAs are leveraging tax breaks in exchange for long-term jobs and future revenue for their communities, but without adequate safeguards in … process in place to track amounts billed and collected for Payments in Lieu of Taxes (PILOT). Auditors found three …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-ida-audits-reveal-need-improved-project-oversightNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… carbon reduction plans. A combination of factors gives us confidence in our ability to achieve these reductions, … a $2 billion increase to the Fund's low emissions index, doubling its investment. The low emission index … company is among the top five GHG emitters of the Fund's US equity holdings, and is also listed as one of the largest …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… are Domino's Pizza Inc. , medical supply company McKesson Corp. , commercial real estate company Realty Income Corp. and Advance Auto Parts Inc . Among these four, McKesson … friendly hydrogen project. Chemical maker Albemarle Corp. committed to adopting GHG targets and water treatment …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasoneBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… New York State Comptroller Thomas P. DiNapoli and Trillium … revised its Guidelines to state that, “When searching for new directors, the Board should actively seek out highly … Board nominees are chosen.” In its recent announcement of new board directors, eBay highlighted its expected split from …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… for long-term, steady returns helps ensure our state’s pension fund will continue to be one of the nation’s … marks the fourth time that DiNapoli has lowered the state pension fund’s assumed rate of return as economic and … due by Feb. 1, 2023, but employers receive a discount if payment is made by Dec. 15, 2022. Report Annual Report to the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… for capital projects declined between state fiscal year (SFY) 2012-13 and SFY 2020-21 from $665 million to $594 … used for new capital projects by developing a multi-year plan to reduce state operations and debt service costs …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli: Amid Federal Funding Uncertainty, State Must Focus on Programs To Aid Seniors
… less predictable and New York’s senior population growing, the state must ensure its own investments are reaching older … meals and other essential support, and data reporting by the New York State Office for the Aging (NYSOFA) makes it difficult to know who is being …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-amid-federal-funding-uncertainty-state-must-focus-programs-aid-seniorsNew York State Comptroller DiNapoli Statement on Win at SEC
… Comptroller Thomas P. DiNapoli, as Trustee of New York State Common Retirement Fund, and the Church of England … s://web.osc.state.ny.us/pension/Exxon_Mobil_Corporation_New_York_State_Common_Retirement_Fund.pdf Previous press releases … Comptroller Thomas P DiNapoli as Trustee of New York State Common Retirement Fund and the Church of England …
https://www.osc.ny.gov/press/releases/2016/03/new-york-state-comptroller-dinapoli-statement-win-secControls and Accountability of Court, Trust and Bail Funds (Follow-up)
… Purpose To determine the extent of implementation of the eight recommendations included in our initial report, … Trust and Bail funds. We found discrepancies between the total account balances as shown on the Court Assets … To determine the extent of implementation of the 8 recommendations …
https://www.osc.ny.gov/state-agencies/audits/2015/12/03/controls-and-accountability-court-trust-and-bail-funds-followJefferson County Industrial Development Agency (JCIDA) – Project Approval and Monitoring (2020M-70)
… applicants fees in accordance with the Board-approved fee schedule. Assess annually reported capital investment and …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2020/10/02/jefferson-county-industrial-development-agency-jcidaHammond Fire District – Board Oversight (2024M-151)
… District’s financial operations are adequately accounted for and reported. Furthermore, although the Board adopted a …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/02/21/hammond-fire-district-board-oversight-2024m-151Opinion 91-36
… issues discussed in the opinion. ZONING AND PLANNING -- Park Lands (use of village park trust fund moneys to develop facilities in town park) PARKS AND RECREATION -- Joint Parks (use of village … Whether park land fees imposed upon subdividers by a newly … used to finance additional facilities in an existing town park located in the village …
https://www.osc.ny.gov/legal-opinions/opinion-91-36DiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… officials to join forces and ensure that the flickering flame of growth is carefully nurtured. This calls for … socioeconomic, and environmental disparities in the area. Looking ahead, DiNapoli points out that more needs to be done …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesGeneral Investment Policy for the New York State Common Retirement Fund
Intended to provide a framework for the operation of the Fund and to reflect the strategies and principles adopted by the Comptroller.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/general-investment-policy.pdfPlanning and Financing New York State's Capital Investments, March 2014
Investment in capital assets is essential to New York’s economy and its quality of life.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-capital-investments-2014.pdfTown of Hempstead Sanitary District Number 14 – Board Oversight (2017M-40)
… 2016. Background The Town of Hempstead Sanitary District Number 14 is located in the Town of Hempstead in Nassau … and include a statement in the minutes detailing the total number of claims and total dollar amount approved to be paid … Town of Hempstead Sanitary District Number 14 Board Oversight 2017M40 …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/town-hempstead-sanitary-district-number-14-board-oversight-2017m-40