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Town of Mooers - Cash Management (2020M-36)
… Audit Objective Determine whether Town officials maximized interest earnings. Key Findings The Board did not develop and manage a comprehensive investment program to ensure interest earnings were maximized. Had the Supervisor invested … funds in a financial institution with higher available interest rates, revenue could have increased by approximately …
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-cash-management-2020m-36Broadalbin-Perth Central School District – Cash Management (2020M-65)
… officials did not develop and manage a comprehensive investment program. As a result, officials did not maximize interest … forecasts to estimate the amount of funds available for investment. Officials earned interest totaling $40,652 during …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65State Comptroller DiNapoli Releases School District Audit
… data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested data. …
https://www.osc.ny.gov/press/releases/2021/02/state-comptroller-dinapoli-releases-school-district-auditGroton Central School District – Cash Management (2020M-124)
… another $367,963 if officials invested available funds in a financial institution that offered higher interest … action. Appendix B includes our comments on issues raised in the District’s response letter. …
https://www.osc.ny.gov/local-government/audits/school-district/2021/01/29/groton-central-school-district-cash-management-2020m-124State Comptroller DiNapoli Statement on Expansion of Geneva-Based RealEats into New Facility
… “The state pension fund has invested nearly $8 million in RealEats because the company is generating results and … into a new facility. We’re putting pension dollars to work in every corner of our state, while generating solid … public workers can have a secure retirement.” Through its In-State Private Equity Investment Program, the New York …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-statement-expansion-geneva-based-realeats-new-facilityPiseco Common School District – Authorized Investments (2023M-172)
… investment account that is not statutorily authorized. The Board of Education (Board) readopted its investment policy annually, but did not … of a comprehensive investment program - legality, safety, liquidity and yield - when investing available …
https://www.osc.ny.gov/local-government/audits/school-district/2024/03/15/piseco-common-school-district-authorized-investments-2023m-172State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… York State-based companies through its In-State Private Equity Investment Program, New York State Comptroller Thomas … one of 19 investment firms that manage In-State Private Equity investments. “The In-State Private Equity Investment Program is proof that investing …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesHamilton 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 Releases School District Audits
… sought competition through requests for proposals or quotes for professional services totaling approximately $4.3 … by $215,120. Tioga Central School District – Health Insurance and Special Education Cost Savings (Tioga County) … achieve cost savings by offering an acceptable health insurance buyout incentive in lieu of health insurance …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-school-district-audits-1State Comptroller DiNapoli Releases School District Audits
… Auditors determined officials did not develop and manage a comprehensive investment program. Auditors also … by approximately $44,000. District officials were unable to properly monitor out-of-district tuition billings or … obtain or retain adequate support documentation. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-auditsPort Ewen Fire District – Financial Management (2024M-157)
… four objectives of a comprehensive investment program – legality, safety, liquidity and yield – when investing …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/03/port-ewen-fire-district-financial-management-2024m-157DiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… both the opportunities and systemic risks associated with transition to a low carbon economy, enabling … the Fund has completed its annual review of thermal coal and oil sands companies as part of its broader review of … to restrict investments in 22 previously restricted coal companies and will newly restrict investments in six …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programState Comptroller DiNapoli Releases Municipal & School Audits
… Town of Dix – Supervisor’s Control of Cash (Schuyler County) The former supervisor did not ensure all cash in his … review. Brighton Central School District – Procurement (Monroe County) District officials did not demonstrate that … Hilton Central School District – Network Access Controls (Monroe County) In addition to sensitive network access …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… urging them to reduce emissions and address risks arising from climate change. "Climate risk is one of the greatest … urging them to reduce emissions and address risks arising from climate change …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsComptroller DiNapoli Releases School Audits
… the following school district audits have been issued. East Irondequoit Central School District – Payroll and Leave … contracts, billions in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested data. …
https://www.osc.ny.gov/press/releases/2019/11/comptroller-dinapoli-releases-school-auditsCapital – 2023 Financial Condition Report
A robust efficiently managed capital investment program can support healthy economic growth while the deterioration of capital assets can weaken the States economy and its ability to attract and retain business
https://www.osc.ny.gov/reports/finance/2023-fcr/capitalCapital – 2022 Financial Condition Report
… but also facilities for education, government, health, housing, environmental conservation and recreation. Capital … to spending for the Metropolitan Transportation Authority. Housing, up by $252.9 million (78.5 percent). This category’s … but also facilities for education government health housing environmental conservation and recreation …
https://www.osc.ny.gov/reports/finance/2022-fcr/capitalDiNapoli: Energy Companies Agree to Report on Impact of Paris Agreement Goals
… target reduction of 80 percent. DiNapoli's Sustainable Investment Program Since taking office in 2007, DiNapoli has … index; $3 billion in sustainable investments across asset classes, including: $400 million with Generation Asset Management; $300 million with the Rockefeller Asset …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-energy-companies-agree-report-impact-paris-agreement-goalsCapital – 2021 Financial Condition Report
… A robust, efficiently managed capital investment program can support healthy economic growth, while … settlement resources from the Dedicated Infrastructure Investment Fund. These included certain funding provided to … by public authorities funded directly from State-Supported bond proceeds, while figures for Division of the Budget …
https://www.osc.ny.gov/reports/finance/2021-fcr/capitalState Comptroller DiNapoli Releases School District Audits
… procurement policy. Auditors determined the purchasing agent did not effectively perform her procurement duties. In …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits-0