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Debt – 2023 Financial Condition Report
… creates fixed costs that directly affect its ability to provide current services, as well as its long-term fiscal … High borrowing levels may: Indicate reduced ability to support current programs with current revenues. Force … or additional future borrowing. Limit the capacity to finance future capital assets and grants. New York State …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… Highway and bridge projects have been shortchanged because the state continues to use money in the Dedicated Highway and Bridge Trust Fund (DHBTF) to pay down debt from … to change direction and use the money in the Dedicated Highway and Bridge Trust Fund for critical repairs and to …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… median assumed rate of return among state public pension funds is 7.0% as of August 2021, according to the National …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… are considered a best practice in reducing greenhouse gas (GHG) emissions. They are Domino's Pizza Inc. , medical … a goal to transition its portfolio to net zero greenhouse gas emissions by 2040 . DiNapoli recently released an update …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonDiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… legal mechanism to pre-fund these benefits. This needs to change. I have put forth a legislative proposal that would …
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
… Objective To determine whether the New York City Department of Homeless Services (DHS) has … 2019. About the Program DHS, an administrative unit of the New York City Department of Social Services, is the primary … services for eligible homeless families and individuals in New York City (City) and for providing fiscal oversight of …
https://www.osc.ny.gov/state-agencies/audits/2020/08/25/controls-over-capital-improvements-city-owned-homeless-sheltersNew York State Comptroller DiNapoli Statement on Win at SEC
… of England co-filed a shareholder proposal at ExxonMobil in December, asking the company to assess how the worldwide effort to rein in global warming would impact its business. In response, … of England cofiled a shareholder proposal at ExxonMobil in December asking the company to assess how the worldwide …
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)
… recommendations included in our initial report, Controls and Accountability of Court, Trust and Bail Funds ( 2013-N-1 ). Background Our initial audit … Department could not accurately account for Court, Trust and Bail funds. We found discrepancies between the total …
https://www.osc.ny.gov/state-agencies/audits/2015/12/03/controls-and-accountability-court-trust-and-bail-funds-followHammond 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-151Jefferson County Industrial Development Agency (JCIDA) – Project Approval and Monitoring (2020M-70)
… (CBAs) for proposed projects before approving them. Charge some project applicants fees in accordance with the …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2020/10/02/jefferson-county-industrial-development-agency-jcidaGeneral Investment Policies 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-policies.pdfOpinion 91-36
… no longer represent those views if, among other things, there have been subsequent court cases or statutory … opinions, including Opn Nos. 81-275, 79-240 and 76-345, are superseded to the extent they are inconsistent therewith. … with park trust funds should be in or sufficiently near the developments which generated the fees so that the …
https://www.osc.ny.gov/legal-opinions/opinion-91-36DiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… dream. The data from this report is promising and is a beacon of hope for our borough. But for us in the Bronx, this …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesTown of Kent – Procurement and Information Technology (2017M-85)
… 1, 2016 through January 25, 2017. Background The Town of Kent is located in Putnam County and has a population of … Town of Kent Procurement and Information Technology 2017M85 …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-kent-procurement-and-information-technology-2017m-85Village of Riverside – Clerk-Treasurers' Records and Reports (2024M-107)
… position was unknown. The Clerk-Treasurers did not record investment transactions and interest and all interfund …
https://www.osc.ny.gov/local-government/audits/village/2024/11/27/village-riverside-clerk-treasurers-records-and-reports-2024m-107Rhinecliff Fire District – Board Oversight (2024M-154)
… 6,000 days late. Develop and adopt a code of ethics, investment policy or procurement policy, as required by New …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/05/16/rhinecliff-fire-district-board-oversight-2024m-154County of Otsego Industrial Development Agency (COIDA) – Oneonta Rail Yards Acquisition (2021M-38)
… plan for property acquisitions. COIDA officials disagreed with certain findings in our report. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2022/02/11/county-otsego-industrial-development-agency-coida-oneontaTown 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-40Examples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Examples from GASB Statement 34 included in this bulletin, … 06856 are reprinted by permission. Sample City Statement of Revenues, Expenses, and Changes in Fund Net Assets … Examples from GASB Statement 34 Statement of Revenues Expenses and changes in Net Assets …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsClimate Action Plan 2019
This report delineates the CRF’s next level of climate related assessment, investment, engagement and advocacy work.
https://www.osc.ny.gov/files/reports/special-topics/pdf/climate-action-plan-2019.pdf