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State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2025/01/state-comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Contacts
… Contact information for investment professionals looking to do business with the New York State …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsMitigation for Extreme Weather Conditions and Flooding
… this book detail each involved department’s procedures for what is required before, during, and after all levels of … the longer term, rising sea levels. Key Findings The LIRR did not perform a systemwide assessment of its transportation … is not in conformance with the WSOP. In addition, the 45-day inspections required by the WSOP are no longer performed. …
https://www.osc.ny.gov/state-agencies/audits/2024/03/13/mitigation-extreme-weather-conditions-and-floodingWalton Central School District – IT Asset Management (S9-22-24)
… price of $228 and nine with combined estimated costs of $2,052 based on recent purchase prices). Twenty-four IT assets …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/walton-central-school-district-it-asset-management-s9-22-24Parishville-Hopkinton Central School District – IT Asset Management (S9-22-19)
… safeguarded information technology (IT) assets acquired or in use during the audit period. Key Findings District … officials cannot assure taxpayers that money invested in IT assets has been appropriately spent or safeguarded. We … costs of approximately $14,278 were not inventoried. In addition, annual inventories were not conducted and …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/parishville-hopkinton-central-school-district-it-asset-management-s9-22Wilson Central School District - Financial Management (2022M-22)
Determine whether the Wilson Central School District District Board of Education Board and District officials properly managed fund balance and reserves
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wilson-central-school-district-financial-management-2022m-22Opinion 93-24
… sports facility by fire district) TOWN LAW, §176(14): A fire district may not improve vacant land owned by the … to certain other types of emergencies (see Town Law, §176[1], [22]; General Municipal Law, §§209, 209-b; Volunteer Firefighters' Benefit Law, §5[1]; 1992 Opns St Comp No. 92-41, p 105; 1986 Opns St Comp No. 86-34, p 55). …
https://www.osc.ny.gov/legal-opinions/opinion-93-24Worcester Central School District – Unassigned Fund Balance (2016M-1)
… Harpersfield in Delaware County and the Towns of Decatur, Maryland, Westford and Worcester in Otsego County. The … 350 students, is governed by an elected five-member Board of Education. The 2015-16 budget appropriations are …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/worcester-central-school-district-unassigned-fund-balance-2016m-1Opinion 2002-3
… DISTRICTS -- Dock Districts (expansion of activities to include maintenance and operation of recreational … may not expand the activities of a public dock district to include maintenance and operation of recreational … board may expand the activities of a public dock district to include maintenance and operation of recreational …
https://www.osc.ny.gov/legal-opinions/opinion-2002-3DiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… State Comptroller Thomas P. DiNapoli today announced legislation to create an optional investment … in place that allow public employers to set aside money today to pay for these benefits,” DiNapoli said. “The numbers … State Comptroller Thomas P DiNapoli today announced legislation to create an optional investment …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careOpinion 96-4
… This opinion represents the views of the Office of the State … or statutory amendments that bear on the issues discussed in the opinion. LOCAL LAWS -- Municipal Funds (disposition of … FUNDS -- Budget Procedures (authority to supersede in village); (disposition of proceeds of sale of property) …
https://www.osc.ny.gov/legal-opinions/opinion-96-4Andes Central School District - Cafeteria Operations (2019M-26)
Determine whether District officials properly managed cafeteria operations
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/12/andes-central-school-district-cafeteria-operations-2019m-26Opinion 88-57
… In Parrino v Lindsay , 29 NY2d 30, 323 NYS2d 687, the Court of Appeals upheld the validity of a local law …
https://www.osc.ny.gov/legal-opinions/opinion-88-57Project Tracking Systems and Economic Assistance Program Evaluations
… Objective To determine if Empire State Development (ESD) maintains adequate information systems for the … January 1, 2016 through April 16, 2021. About the Program ESD is the chief agency responsible for the coordination of … development, marketing, and other forms of assistance. ESD offers 57 programs with over 5,000 associated projects. …
https://www.osc.ny.gov/state-agencies/audits/2021/10/18/project-tracking-systems-and-economic-assistance-program-evaluationsNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2021-22 was … The New York State Common Retirement Funds Fund estimated return in the third quarter of the State Fiscal Year SFY 202122 was 474 …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… long-term investment strategy to weather such ups and downs and provide retirement security for generations to come. … its assets invested in publicly traded domestic equities and 15.1 percent in international public equities. The …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsSherburne-Earlville Central School District – Financial Management (2024M-61)
… did not adopt a reserve policy to define its rationale for establishing reserve funds, maximum targeted funding …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/sherburne-earlville-central-school-district-financial-management-2024m-61DiNapoli: State Pension Fund Valued at $291.4 Billion at End of Second Quarter
… at the end of the second quarter of State Fiscal Year 2025-26, New York State Comptroller Thomas P. DiNapoli … the first six months of the fiscal year. "Despite ongoing domestic and global volatility, financial markets have … Fund's audited value was $273.1 billion as of March 31, 2025, the end of the state’s fiscal year. As of Sept. 30, …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-state-pension-fund-valued-291-point-4-billion-end-second-quarterDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $246.3 billion at the end of the … fund for generations to come.” The Fund's value reflects retirement and death benefits of $4.09 billion paid out … that the estimated value of the New York State Common Retirement Fund Fund was $2463 billion at the end of the …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterDisposition of Farm Assets
… Purpose To determine whether the Department of Corrections and Community Supervision (Department) appropriately disposed of the assets associated with its closed farms, including … the State's prison system and monitors the activities of persons under community supervision (parole). Prior to the …
https://www.osc.ny.gov/state-agencies/audits/2013/09/04/disposition-farm-assets