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Emerging Manager Definition and Life Cycle
… Program has compiled guidance including a Universal Definition and Life Cycle Stages to assist in consistent … considerations. The Fund’s Emerging Manager Universal Definition includes characteristics such as: Majority …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/emerging-manager-definition-and-life-cycleNY-Sun Incentive Program (Follow-Up)
… Incentive Program (NY-Sun), which is part of New York's Clean Energy Standard (CES). The CES is designed to fight … wind by 2030. NY-Sun was launched in 2012 by the Public Service Commission (PSC) to help establish a self-sustaining …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/ny-sun-incentive-program-followVirgil Fire District – Internal Controls Over Financial Operations (2012M-329)
… activities. Although the Board has adopted procurement, investment and code of ethics policies, it did not ensure …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/17/virgil-fire-district-internal-controls-over-financial-operations-2012m-329Pember Library and Museum – Board Oversight of Financial Activities (2013M-285)
… on Foundation funds, the Library/Museum violated this stipulation by spending $138,458 of principal. While the …
https://www.osc.ny.gov/local-government/audits/library/2014/01/03/pember-library-and-museum-board-oversight-financial-activities-2013m-285State Agencies Bulletin No. 793
… to join the Optional Retirement Program and who do not direct their own investments. In order to comply with this … Optional Retirement Program, which enables TIAA/CREF to direct an employee's contributions to one of the four QDIA …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/793-date-birth-dob-requirement-new-members-tiaacref-retirement-planHamilton Fulton Montgomery Board of Cooperative Educational Services – Investment Program (2023M-116)
Determine whether Hamilton Fulton Montgomery Board of Cooperative Educational Services (BOCES) officials developed and managed a comprehensive investment program.
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/hamilton-fulton-montgomery-boces-2023-116.pdfState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… in New York state deposits to Ponce Bank’s Westchester Avenue Branch. The BDD program, administered by the … in New York state deposits for Ponce Bank’s Westchester Avenue Branch. Through the Banking Development District (BDD) … homebuyers, and more to Ponce Bank’s Westchester Avenue Branch. Our community has needed increased financial …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newState Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… disagreed with the audit’s findings. Their full response is contained in the audit. DiNapoli’s auditors noted that ESD …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… The loss of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was … released today by State Comptroller Thomas P. DiNapoli. Construction was the city’s fastest-growing sector from 2011 … “The pandemic has had a devastating impact on the construction industry in New York City,” DiNapoli said. “The …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineArchived: Legislative Session 2019–2020
… Bond Anticipation Notes (BANs) Renewals Issued 2015 Through … State Comptroller of certain organizations controlled by municipal corporations and certain other government entities. … consent. Investment Standard for NYS College Choice and NY ABLE Programs – S.6464 (Stavisky) – To bring the NYS …
https://www.osc.ny.gov/legislation/archived-legislative-session-2019-2020Debt – 2021 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 2020-21, the State reported the following debt levels: $2.2 billion of constitutionally authorized, voter-approved general …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… of Homes and Community Renewal (HCR) and its local program administrators, the distribution of funds has been delayed, … by awarding it, in the form of grants, to local program administrators, which HCR oversees to make sure they use the … To meet HUD’s deadline, HCR, working with local program administrators, has to spend $96 million by Sept. 2023 — 19 …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… including close to $2 billion in funds for environmental and energy purposes that could help lower costs to consumers … could lead to delays or cuts to the remaining IRA funds and tax credits,” DiNapoli said. “Given the strong interest … affordability for consumers, small businesses, farmers, and nonprofits, preserving the IRA’s grant and tax credit …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersTown of Newcomb – Town Supervisor's Records and Reports (2026M-15)
… that we prepared, the adjusted bank balances did not agree with the general ledger cash or investment balances at … by $38,779. The Supervisor did not provide the Board with complete and accurate monthly reports during the audit … Board for 2024, and the Board did not audit, or contract with an independent public accountant to audit, the …
https://www.osc.ny.gov/local-government/audits/town/2026/07/03/town-newcomb-town-supervisors-records-and-reports-2026m-15Comptroller DiNapoli Releases Municipal Audits
… office completed audits of the Bayport-Blue Point Public Library , Cincinnatus Fire District and the Claryville … appropriately and effectively.” Bayport-Blue Point Public Library – Employee Leave Accruals and Procurement (Suffolk County) The library’s employee leave accrual records are not accurate. …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-municipal-auditsCarthage-Wilna Fire District – Internal Controls Over Financial Operations (2013M-191)
… for the District’s overall financial management. The Board appoints a Secretary-Treasurer who serves as the District’s chief fiscal officer. The …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/16/carthage-wilna-fire-district-internal-controls-over-financial-operationsSUNY Bulletin No. SU-261
… The resolution approves Teachers Insurance and Annuity Association (TIAA) to serve as common remitter to approved … employee’s enrollment is complete. Main Menu > Payroll for North America > Employee Pay Data USA > Deductions > Create General …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-261-new-403b-after-tax-deferred-annuity-plan-roth-sunyComptroller DiNapoli Releases School Audits
… the following school district audits have been issued. East Irondequoit Central School District – Payroll and Leave … and two employees had eight time sheets that were missing. East Ramapo Central School District – Nonpublic School …
https://www.osc.ny.gov/press/releases/2019/11/comptroller-dinapoli-releases-school-auditsState Agencies Bulletin No. 446
… information regarding previously issued Bulletin 435 - Change in the Manager of the NYS College Savings Program. … direct deposit form. Upon completion of the enrollment/change process, employees will be instructed to print the … information regarding previously issued Bulletin 435 Change in the Manager of the NYS College Savings Program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/446-additional-information-regarding-change-manager-nys-college-savingsDiNapoli: Federal Programs Bridge Gap in Broadband Access
… The number of New Yorkers earning less than $20,000 with a broadband subscription rose … The number of New Yorkers earning less than $20000 with a broadband subscription rose …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-access