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New York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… in 2019 just prior to the pandemic. In 2009, at the tail end of the last economic recession, average annual …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021State Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… New York State Common Retirement Fund’s (Fund) Sustainable Investment Program, raising its total commitment to $10 … Tom DiNapoli, as a leader of one of the largest pension funds, continues to heed that call and set the bar higher," … accelerate the low-carbon economy." The Fund’s Sustainable Investment Program includes more than $4 billion in its low …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programXI.2.E Submission of Agency Contracts and Amendments – XI. Procurement and Contract Management
… This section outlines the process and documentation requirements for contract and amendment submittals subject to the Office of the State … Audit Type below. Users will submit the agreement and required procurement record documents to OSC through the … This section outlines the process and documentation requirements for contract and amendment …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2e-submission-agency-contracts-and-amendmentsSelected Travel Expenses
… benefit corporation and a component unit of the State of New York, whose mission is to continue develop, and improve … Expense” (travel policy directive) that affects the MTA Headquarters as well as MTA’s six constituent agencies. …
https://www.osc.ny.gov/state-agencies/audits/2015/03/23/selected-travel-expensesArea #5 – Malware Protection – Information Technology Governance
… is especially true with the ongoing and escalating threat of ransomware attacks against local governments and schools. One way to detect and stop some forms of malware before it can affect its targets is by using … there is nothing inherently wrong with using different kinds of antivirus software, it may make timely, coordinated …
https://www.osc.ny.gov/local-government/publications/it-governance/area-5-malware-protectionIT Security Fundamentals – Information Technology Governance
… controls, it is important to understand two concepts that are fundamental to how IT professionals approach data and … Having accurate and complete data is essential for good decision-making. What good is the information if it cannot be trusted? …
https://www.osc.ny.gov/local-government/publications/it-governance/it-security-fundamentalsOversight of Mental Health Education in Schools (Follow-Up)
… included in our initial audit report, Oversight of Mental Health Education in Schools (Report 2020-S-63 ). About … public school students statewide. To help confront the mental health crisis among youth in New York State, the Mental Health Association in New York State, Inc. (MHANYS), a …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/oversight-mental-health-education-schools-followVII.3.B AP Adjustment Voucher – Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… Agencies must forward all checks, money orders, etc. and a printout of either the SFS “Summary” page or “Invoice … without preapproval will be returned to the agency. Sending cash through the mail exposes the agency to the risk … as a substitute for the SFS Voucher Entry screens. Via Interoffice Mail Via U.S. Postal Service New York State …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3b-ap-adjustment-voucher-treasury-requirementsDiNapoli and Hein Announce Training For Fire Districts and EMS Agencies
… public funds.” “The vast majority of fire departments are run by committed and amazing volunteers who risk their lives … Ulster County. “The training will allow commissioners to run Fire Districts more efficiently while protecting the …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-and-hein-announce-training-fire-districts-and-ems-agenciesCost-Saving Ideas: Managing Workers' Compensation Costs
… You must provide your employees workers’ compensation coverage as a mandatory benefit. Local governments can get insurance for workers’ compensation in one of four ways: … policies and procedures aren’t contributing to your liability. Prevent Accidents Prevention is the best way to …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-managing-workers-compensation-costsDiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… In 2012, DiNapoli began providing employers with access to a two-year projection of their annual pension bill … are 3,040 participating employers in ERS and PFRS, and 349 different plan combinations. The employer contribution rates …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18Utilization of the Arch Street Yard and Shop Facility
… Purpose To determine whether the Metropolitan Transportation … what cost. Our audit covered the period from May 3, 2002 to May 23, 2017. Background As part of the MTA’s mammoth ESA … constructed the new Facility in Long Island City, adjacent to the No. 7 line Hunters Point Ave. Station. The Facility …
https://www.osc.ny.gov/state-agencies/audits/2017/12/08/utilization-arch-street-yard-and-shop-facilityMonitoring of Not-for-Profit Cemeteries for Fiscal Stability and Adequate Facility Maintenance (Follow-Up)
… officials on a wide range of issues, including the sale of lots, service fees, and acquisition of lands, to promote … appeared well maintained, but 38 (54 percent) did not have all the proper information posted for visitors, as … and consistently. Key Finding Department officials have made some progress in addressing the problems we …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/monitoring-not-profit-cemeteries-fiscal-stability-and-adequate-facility-maintenance-followDiNapoli Calls on Companies to Increase Board Diversity
… at a competitive disadvantage. And when companies fail to address shareholder concerns over lack of diversity they … put our portfolio companies on notice that we want them to be responsive and adopt best practices when it comes to … directors. The letter called on the companies to explain how they would address investors’ concerns regarding their …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversityDiNapoli: Many Homeless Shelters in Poor Condition
… and safety violations, rodent and vermin infestations and mold conditions. Governor Cuomo, in his 2016 State of the … facilities had one or more health safety issues, including mold, unsanitary restrooms and vermin; 61 facilities had one … monoxide detectors, missing outlet covers, exposed wires, mold in bathrooms and bedrooms, and bathroom doors that did …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-many-homeless-shelters-poor-conditionXI.16 Vendor Responsibility – XI. Procurement and Contract Management
… a contract award under Section 112 of the State Finance Law. Section 163 of the State Finance Law (SFL) requires that contracts for services and … worth $250,000 for an IT project. The vendor pays another firm $125,000 to write the software that will be used for the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi16-vendor-responsibilityProcessing of Paper Tax Returns
… The Department is responsible for processing the State's approximately 10.9 million income tax returns. About 2 million (20 percent) of all personal income … with preferred source status, to process the State's paper returns for tax processing years 2013 to 2015. …
https://www.osc.ny.gov/state-agencies/audits/2014/04/09/processing-paper-tax-returnsPurchasing and Procurement Practices (Follow-Up)
… included in our initial audit report, Purchasing and Procurement Practices (Report 2020-S-67 ). About the … thoroughbred racetracks: Aqueduct Racetrack, Belmont Park, and Saratoga Race Course. In September 2008, upon renewal of … settlement agreement conveying all rights, titles, and interests in its racetracks to the State. In return, the …
https://www.osc.ny.gov/state-agencies/audits/2024/01/18/purchasing-and-procurement-practices-followControls Over Vehicle Use and Transportation-Related Expenses (Follow-Up)
… fleet management and repair services, administered by the Contractor. The Contractor provides a network of authorized private repair … maintenance, repairs, roadside assistance, and towing. The Contractor is required to negotiate costs with the private …
https://www.osc.ny.gov/state-agencies/audits/2023/05/11/controls-over-vehicle-use-and-transportation-related-expenses-followXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… York State Olympic Regional Development Authority and the Battery Park City Authority for capital projects. New York … authorized state entities are strongly encouraged to contact the OSC’s Bureau of Contracts (BOC). At a minimum, … request a pre-review of the procurement documents. BOC contact information is available in Chapter I, Section 5 - …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-act