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State Comptroller Thomas P. DiNapoli Statement on 2023 State of the State Address
… set forth her agenda. State government is here to work for the people of this state and make life better and more equitable for all New Yorkers. Her top priorities, including addressing … uneven, and inflation is still too high. To prepare for future risks and uncertainties, rainy day reserve targets …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-thomas-p-dinapoli-statement-2023-state-state-addressOlean City School District – Reserve Funds (2022M-187)
… or transparently fund reserves. Take appropriate action to address overfunded reserves. Funding reserves at levels …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/olean-city-school-district-reserve-funds-2022m-187Addison Central School District – Procurement of Professional Services (2023M-6)
… professional services. Key Findings District officials did not seek competition for most professional services in … service providers without seeking competition. Did not solicit a request for proposal (RFP) for audit services … 2004 and bond counsel since 2002. Because officials did not always seek competition for professional services or did …
https://www.osc.ny.gov/local-government/audits/school-district/2023/07/07/addison-central-school-district-procurement-professional-services-2023m-6Opinion 94-12
… its vacant land with a not-for-profit association, if it is determined the land is temporarily not needed for fire district purposes. The … should take steps to ensure that the negotiated lease is upon the best or most beneficial terms. The lease may …
https://www.osc.ny.gov/legal-opinions/opinion-94-12Progress Report: The MTA Capital Security Program - June 2007
In the wake 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-2-2008.pdfDiNAPOLI: Unadilla Valley schools save more than $300,000 on special education
… the district’s special education costs to the costs for providing the same services in nearby school districts … Auditors determined the tuition charges were appropriate for recovering the costs to the district of providing these … For access to state and local government spending, public …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-unadilla-valley-schools-save-more-300000-special-educationNYS Common Retirement Fund Announces Third Quarter Results
… of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an … returns that will continue to provide retirement security for the pension fund's more than one million members, … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 … strong and well-diversified, but gains are clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOpinion 2006-3
… town board, after a public hearing, to grant franchises “for the use of the streets, highways, and public places or … thereof or the space above or under them or any of them, for any specific purpose authorized by law upon such terms … rule, unless a statute provides otherwise, and except for revenues received as a result of a part-town function or …
https://www.osc.ny.gov/legal-opinions/opinion-2006-3DiNapoli: Binghamton Woman Charged With Stealing Deceased Father-in-Law's Pension Payments
… nearly $32,000 in New York State pension payments intended for her deceased father-in-law, State Comptroller Thomas P. … Broome County District Attorney Korchak, she will answer for her crimes.” LaBarr’s father-in-law, Jack Burnett, … nearly $32000 in New York State pension payments intended for her deceased fatherinlaw State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-binghamton-woman-charged-stealing-deceased-father-laws-pension-paymentsDiNapoli: Wallkill Fire District Board Chair Charged with Stealing $240,000
… member into signing blank checks which he later cashed for personal use. He was arraigned this morning in Shawangunk … Wallkill Fire District hired an architect to draft plans for a firehouse expansion. Denardo obtained blank, co-signed checks from a fellow board member for what he claimed were architect payments, then pocketed …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-wallkill-fire-district-board-chair-charged-stealing-240000XII.4.F Proper Invoice – XII. Expenditures
… A proper invoice is a written or electronic request for payment submitted by the vendor that must contain the following information: Vendor name; Name of NYS Agency that ordered the goods or services; … agencies must reject the invoice. Moreover, it is a best practice to notify the vendor within one business day of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceNY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… Wells Fargo shareholders urging them to support his call for the bank to provide a report detailing the company's … to fellow Wells Fargo shareholders to support his call for the bank to provide a report detailing the companys …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programSafety at Stations
… corporation subsidiary of MTA in 1970. SIR is responsible for the operation of a rapid transit railroad system on … of Way or other unit; Supporting documents required for all incidents including those where the incidents are … conclusion has been reached. Establish a formal timeline for the complete activation of the CAI system. … To determine …
https://www.osc.ny.gov/state-agencies/audits/2017/06/15/safety-stationsOffice of Operations: 2024 Virtual Fall Conference
… 30 minutes Join WebEx Presentation (PDF) Video (mp4) 11:00 – 12:00: New & Essential Tools in Payroll …
https://www.osc.ny.gov/state-agencies/outreach/office-operations-2024-virtual-fall-conferenceNY State Comptroller DiNapoli Calls on Corporate America To Address Lack of Diversity, Equity & Inclusion
… corporations and their top executives accountable for their diversity, equity and inclusion policies and … companies that refuse to embed diversity in their search for new board directors. “Companies must root out racial … to cover all S&P 500 companies and, combined with expected increases in the disclosure of boards’ racial and ethnic …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-calls-corporate-america-address-lack-diversity-equity-inclusionNYS Common Retirement Fund Reports Estimated First Quarter Results
… quarter of the State Fiscal Year (SFY) 2022-23 was -8.24% for the three-month period ending June 30, 2022, according to … found the Fund “continues to be a leader amongst its peers for management and operational transparency.” DiNapoli … the Fund’s annual investment return. Links Annual Return for 2022 Independent Fiduciary and Conflict of Interest …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsNew Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial operations and use of … and then used $3.5 million of unexpended surplus funds to increase the retirement reserve without including those … Develop a plan to use excess unexpended surplus funds in a way that benefits District taxpayers such as reducing …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financialState Comptroller DiNapoli Releases Audits
… reserve or fund the repair reserve, as required. Town of Varick – Water and Sewer Operations (Seneca County) Town officials did not effectively manage most aspects of the water and sewer districts’ financial operations. … adequate written policies and procedures over disposals of district property. Auditors examined the district’s …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-auditsNYS Common Retirement Fund Announces Third Quarter Results
… Fund’s (CRF) overall return in the third quarter of state fiscal year 2016-2017 was 1.11 percent for the … period ending Dec. 31, 2016, with an estimated value of $186 billion, according to New York State Comptroller … We continue to focus on prudent, long-term management of investments to make sure our assets match our …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-results