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Message from the Comptroller – 2021 Financial Condition Report
… State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to … State Fiscal Year SFY 202021 will long be remembered for the disruption caused by the COVID19 pandemic and for the …
https://www.osc.ny.gov/reports/finance/2021-fcr/message-comptrollerDiNapoli: Wall St. First Half Profits Jumped
… Pretax profits in the securities industry reached $15.1 billion in the first six months of … office will continue to keep a close eye on the securities industry as the year progresses, because what happens on Wall … impacts the New York State and New York City economies.” Industry performance is traditionally measured by the pretax …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedMount Vernon City School District – Procurement of Natural Gas (2019M-91)
Determine whether the Mount Vernon City School District (District) Board and District officials procured natural gas at the most favorable terms and in the best interest of District taxpayers.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/mount-vernon-2019-91.pdfDiNapoli Calls for State Procurement Reform
… proposed changes to the state’s procurement practices in the wake of criminal charges and allegations of corruption in the awarding of contracts for state economic development … must take credible steps to reestablish the public’s faith in government and address the broader problems.” By state …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-calls-state-procurement-reformDiNapoli Announces New $7 Million Investment in Northern Ireland
… to help bridge the gap in funding available to our small business community and boost the confidence of those in … team that focuses on opportunities in the Northern Ireland market," said Stephen O’Neill, Managing Director of 57 Stars. …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDirect Deposit Program
… in the mail—direct deposit is fast, convenient and secure. Sign up for direct deposit now and get your money sooner. … A bank representative’s signature (Return to Top) Sign Up for Direct Deposit With direct deposit, your pension … your check being lost or stolen. Use Retirement Online to Sign Up for Direct Deposit Sign in to Retirement Online . …
https://www.osc.ny.gov/retirement/retirees/direct-deposit-programState Comptroller DiNapoli Releases Municipal Audits
… the Village of Sagaponack . "In today"s fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … perform an effective claims audit or establish an adequate process to ensure that transactions were properly authorized …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… of the Town of Ausable , Fishers Island Waste Management District , Town of Guilderland , Plattsburgh Housing Authority , Town of Salem and the Westbury Water District . “In today’s fiscal climate, budget transparency … districts within the town. Fishers Island Waste Management District – Purchasing (Suffolk County) The district’s …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-municipal-auditsSelected Employee Travel Expenses
… monies by selected government employees complied with rules and regulations and is free from fraud, waste, and abuse. Background New York … station is established in compliance with State travel rules and is in the best interest of the State. Work with the … monies by selected government employees complied with rules and regulations and is free from fraud waste and abuse …
https://www.osc.ny.gov/state-agencies/audits/2014/02/18/selected-employee-travel-expensesOversight of International Offices
… they are made only for authorized contract purposes. Our audit scope period was April 1, 2010 through October 17, … and the United Kingdom. Key Findings ESD does not have an appropriate performance monitoring system in place to … reporting and monitoring efforts appeared to be informal and ad-hoc at best throughout most of the audit …
https://www.osc.ny.gov/state-agencies/audits/2013/06/28/oversight-international-officesTravel Advisory No. 15
… Effective August 20, 2021, the temporary eligibility for full personal vehicle mileage reimbursement is no longer … option is available. The update is a result of the State’s decision to lift COVID-19 restrictions and agencies … as the AC 132-S , Employee Report of Travel Expenses and Claim for Payment. This form can either be submitted to a …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/15-covid-19-travel-and-expense-temporary-exceptionsXI-A.1.B Category Codes – XI-A. Purchasing
… decisions. Each category code is associated with a default account code. Agencies should choose the category code that … category code value. Process and Transaction Preparation: Online Agencies Online agencies can select the category code … with the category code for office supplies. The agency can create a purchase order against this contract line and select …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a1b-category-codesNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… U.S. pension fund, and the third globally, for its work to address climate risk. It was the Fund’s second consecutive … issues. "Climate change is one of the greatest threats to the long-term value of global investors and the Paris Agreement is our best hope to combat it. Whatever President Trump says or does regarding …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskComptroller's NYS Common Retirement Fund Responsibilities
… doing business with the Fund. Provided a leading voice in getting the Securities and Exchange Commission to impose …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesOpinion 95-30
… LIBRARIES -- Investments (of moneys raised by taxes and gifts) GENERAL MUNICIPAL LAW, §11; EDUCATION LAW, §§226, 255; … in General Municipal Law, §11, except that investments of gifts, grants or bequests in the form of a true trust are … invest moneys raised by taxes, and non-tax moneys, such as gifts. General Municipal Law, §11, as amended by chapter 708 …
https://www.osc.ny.gov/legal-opinions/opinion-95-30DiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… Thomas P. DiNapoli today announced that, as a result of recent shareholder proposals he has filed on behalf of the … Retirement Fund (Fund), companies are taking action to address investment risks posed by climate change and impacts of environmental justice. “The climate …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli Takes Action to Hold Corporate America Accountable for Failing to Address Diversity, Equity and Inclusion
… voted against board directors at companies that failed to meet the Fund’s expectations for board diversity and filed shareholder proposals calling on companies to address investors’ concerns about diversity, equity and … P. DiNapoli announced today. The Fund’s ongoing efforts to hold publicly traded corporations and their top executives …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-takes-action-hold-corporate-america-accountable-failing-address-diversity-equity-andNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… peaked at 16.2 percent in April 2020. Since then, New York’s unemployment rates have slowly but steadily declined to 8.2 … However, for New Yorkers who face unique challenges due to a disability, unemployment rates increased more quickly and … August 5, 2020 July 22, 2020 July 9, 2020 Subscribe for Latest Updates The State Comptroller’s Office is committed to …
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
… climate change, and NYS Comptroller Tom DiNapoli, as a leader of one of the largest pension funds, continues to heed … office in 2007, DiNapoli has been recognized as a global leader in the fight against climate change, addressing …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programMonitoring of Not-for-Profit Cemeteries for Fiscal Stability and Adequate Facility Maintenance (Follow-Up)
… of implementation of the four recommendations included in our initial audit report, Monitoring of Not-for-Profit … for all not-for-profit cemetery corporations (cemeteries) in New York State. As authorized by Article 15 of the … 2016, 391 cemeteries (22 percent) had not been inspected in over seven years. Weaknesses in data integrity, entry, and …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/monitoring-not-profit-cemeteries-fiscal-stability-and-adequate-facility-maintenance-follow