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DiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… economy,” DiNapoli said. “The Fund is a recognized leader in addressing climate-related investment risks and pursuing … by 2040 and position it for changes already happening in the markets.” The Fund committed $1 billion to funds … retirement funds to integrate climate risk considerations in their global equity investment process,” In 2022, the Fund …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programDiNapoli: DOH Needs to Step Up Enforcement of Patient Safety Violations
… Health (DOH) has failed to hold accountable certain health care providers including hospitals, nursing homes and … Thomas P. DiNapoli. “Lisa’s Law was created to make health care in New York safer and give patients the knowledge they … generally has improved the public’s access to health care information. Too often, however, it gives negligent …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-doh-needs-step-enforcement-patient-safety-violationsDebt – 2022 Financial Condition Report
… over the next five years, declining to $309 million in SFY 2026-27. For both SFYs 2020-21 and 2021-22, new debt issuances … service otherwise due during SFY 2022-23 through SFY 2026-27 was prepaid or defeased in SFY 2021-22. Prepayments …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtSubway Wait Assessment
… Objective To determine whether Wait Assessment performance measurements reported to the Metropolitan Transportation Authority (MTA) Board and customers are accurate and consistently calculated. The audit covered … To determine whether Wait Assessment performance measurements reported to the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/03/subway-wait-assessmentState Comptroller DiNapoli Releases Audits
… nine of 56 cases reviewed that DOL’s system indicated were closed and paid, auditors could not determine whether the 976 … cases received recovered wages totaling $413,582. New York City Department of Education (DOE): Health, Safety, and Accessibility in District 75 Schools (2019-N-7) DOE could improve its oversight to ensure …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-auditsBecoming Eligible for a Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Basic Plan with Increased TakeHome Pay for PFRS Tier 1 2 3 Article 11 5 and 6 under Sections 370a 371a and 375 Becoming Eligible for a Benefit …
https://www.osc.ny.gov/retirement/publications/1511/becoming-eligible-benefitTown of Tully – Justice Court Operations (2021M-10)
… audit of the Court’s records or retain an independent public accountant to perform the audit. Town officials agreed …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/04/16/town-tully-justice-court-operations-2021m-10Additional Service Credit for Sick Leave (Section 341[j]) – Article 14 Benefits
… Section 341(j) of the Retirement and Social Security Law (RSSL) provides an optional sick … Qualify for vesting. For example, if you have four years and ten months of service credit and you need five to be vested, your sick leave credit cannot … for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/additional-service-credit-sick-leave-section-341jPlanning Resources
… Find Budgeting Multiyear Financial Planning and Capital …
https://www.osc.ny.gov/local-government/resources/planning-resourcesRenaissance Academy Charter School of the Arts – Financial Operations (2016M-198)
… of our audit was to review Board oversight of the School’s financial operations for the period July 1, 2014 through … Renaissance Academy Charter School of the Arts Financial Operations 2016M198 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/12/renaissance-academy-charter-school-arts-financial-operations-2016m-198Village of Hunter – Financial Operations (2023M-164)
… oversight and the Clerk-Treasurer did not perform all required duties. The Board did not: Ensure Board actions … oversight of the Clerk-Treasurer’s payroll, or Perform required annual audits of the Clerk- Treasurer’s reports and … generally agreed with our findings and indicated they plan to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/village/2024/04/05/village-hunter-financial-operations-2023m-164Bohemia Fire District – Purchasing and Employee Overtime Costs (2017M-158)
… the District’s purchasing procedures and employee overtime for the period January 1, 2015 through September 30, 2016. … five-member Board of Fire Commissioners. Expenditures for 2016 totaled approximately $3 million. Key Findings … appointed specific vendors to provide goods and services for the year, without obtaining competition. District …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/11/03/bohemia-fire-district-purchasing-and-employee-overtime-costs-2017m-158Young Women’s College Prep Charter School of Rochester – Information Technology (2016M-24)
… of Trustees and has approximately 290 students, is located in the City of Rochester, Monroe County. The School had … management, back-up procedures, wireless technologies, mobile devices or protection of personal, private and … management, back-up procedures, wireless technologies, mobile devices or protection of personal, private and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/06/young-womens-college-prep-charter-school-rochester-information-technologyOpinion 91-24
… may contract with a county to provide sewer service to properties within a county sewer district. The cost of such a … treatment plant operated by a county sewer district. The properties through which the trunk line passes in the village … town began to seek the appropriate means of charging the properties within the development a proportionate share of …
https://www.osc.ny.gov/legal-opinions/opinion-91-24KIPP Tech Valley Charter School – Enrollment and Billing (2012M-256)
… Purpose of Audit The purpose of our audit was to examine the student enrollment and billing process for the period July 1, 2011, to August 31, 2012. Background A charter school is a public school financed by local, State, …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/22/kipp-tech-valley-charter-school-enrollment-and-billing-2012m-256About Offering a Retirement Plan – What Every Employer Should Know
… Why offer a Retirement System plan to your employees? Being part of NYSLRS enables … attractive benefits package, including a defined benefit pension . With a defined benefit pension, employees can be assured of a lifetime benefit …
https://www.osc.ny.gov/retirement/employers/partnership/about-offering-retirement-planXIII.10 Overview – XIII. Employee Expense Reimbursement
… entitled to, or (iv) spent more on the State-issued travel card than he or she was entitled to receive in reimbursement …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii10-overviewDiNapoli: School District Tax Levy Cap Below 2 Percent
… for the 2020-2021 fiscal year, down from a 2 percent cap in each of the two previous years, according to data released … with fiscal years starting July 1, 2020 including the “Big Four” cities of Buffalo, Rochester, Syracuse and Yonkers. … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-school-district-tax-levy-cap-below-2-percentSteuben County – County Bridge Maintenance (S9-13-1)
… town- and village-owned bridges. Key Findings The County does not track all maintenance and repairs by bridge, unless … completely replaced or rehabilitated. While the County does not have a written plan in place, it has implemented …
https://www.osc.ny.gov/local-government/audits/county/2013/07/19/steuben-county-county-bridge-maintenance-s9-13-1Schoharie Central School District – Financial Condition (2013M-263)
… The Schoharie Central School District is located in portions of Schoharie, Albany, Montgomery and Schenectady … $8 million less than budgeted over a five-year period. In addition, although the Board appropriated on average … not be used. Develop a plan to use surplus fund balance in a manner that benefits District taxpayers and provides …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/13/schoharie-central-school-district-financial-condition-2013m-263