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Lake Placid Central School District – Investment Program (2023M-94)
… Lake Placid School District (District) officials developed and managed a comprehensive investment program. Key Findings District officials did not develop and manage a comprehensive investment program. The Assistant Superintendent for Business, Finance and Support Services (Assistant Superintendent) and District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/lake-placid-central-school-district-investment-program-2023m-94Broadalbin-Perth Central School District – Cash Management (2020M-65)
… or prepare cash flow forecasts to estimate the amount of funds available for investment. Officials earned interest … from multiple financial institutions. Ensure available funds are invested within legal limits, to maximize interest … earnings. Prepare cash flow forecasts that estimate funds available each month for investment. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65DiNapoli: NYC Area Is Country's Second Largest Market for Venture Capital
… The New York City metropolitan area is the second largest market for venture capital (VC) funding in the United States, with $28.5 billion in investments, or 13.3% of the national total in 2024. The amount invested in the … The New York City metropolitan area is the second largest market …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-nyc-area-countrys-second-largest-market-venture-capitalXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… to any and all funds of the State. The Short Term Investment Pool (STIP) represents a mechanism that allows for separate accounting for … with the individual funds investing moneys not needed for day-to-day activities or to make payments in the money market …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipXI.18.F The Iran Divestment Act of 2012 – XI. Procurement and Contract Management
… limitations on vendors that do business with the Iranian energy sector and seek contracts with New York State … with “persons” engaged in investment activities in the energy sector of Iran. For commodities, services, … of twenty million dollars ($20,000,000) or more in the energy sector of Iran or is a financial institution that …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18f-iran-divestment-act-2012Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Investments earnings: Net (decrease) In fair value of investments (272,522) Interest …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… renewable assets including onshore and offshore wind and solar, as well as climate infrastructure assets that support … will target investments in renewable power assets such as solar and wind. Background on Climate Investment Actions … the nation. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… pension fund in the U.S. to create an index that excludes or reduces holdings in the worst carbon emitters and shifts … stock ownership in some of the worst greenhouse gas emitters based on independent emissions data reported to … risks they face, to report on and reduce their greenhouse gas (GHG) emissions and to acknowledge their business …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… (Fund) received a $33.8 million return from its investment in Autotask, an IT company located near Albany, according to New York State Comptroller Thomas P. DiNapoli. The Fund … pension fund, which made six times our original investment in Autotask,”said DiNapoli. “As part of the Fund’s diverse …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundOpinion 94-15
… to invest "moneys" held in the custody of the chief fiscal officer or other officer of the local government, and not required for … 1723-a, authorizing the district treasurer, or other officer having custody of district moneys, to invest "moneys …
https://www.osc.ny.gov/legal-opinions/opinion-94-15Buffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… in businesses across the state have returned hundreds of millions of dollars to the state pension fund and created … partner for major medical product companies, has offices in the United States, the Dominican Republic and … Lane is an independent alternative investment management firm providing innovative private markets solutions to …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundDiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… Comptroller Thomas P. DiNapoli today issued a reminder to New Yorkers that not only are contributions to New York's 529 College Savings Program accounts tax deductible* but now … the $25 minimum contribution fees make it easier to save for continuing higher education. New York's 529 College …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsOversight of Select High-Technology Projects
… and Innovation programs. Key Findings ESD has provided millions of dollars to private companies in high-tech sectors … it difficult to determine their current statuses. Despite millions of dollars of State funding, selected high-tech …
https://www.osc.ny.gov/state-agencies/audits/2020/08/21/oversight-select-high-technology-projectsDiNapoli Announces Improvements to College Savings Plan to Save Money for College
… Beginning in September, New York's 529 College Savings Program will offer more investment options, lower … Thomas P. DiNapoli announced today. "Now's the time to take advantage of the improvements we're making to New York's 529 College Savings Program," DiNapoli said. "We're making it easier for …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-announces-improvements-college-savings-plan-save-money-collegeDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… helping to boost our state’s economy and businesses that call New York home.” The state pension fund’s $50 million …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundDiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… and their beneficiaries.” “Nav is a valued partner to me in our investment process,” Anastasia Titarchuk, the … go to Comptroller DiNapoli for his trust in appointing me to this position.” Patel was born in Uganda and raised in …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fundOpinion 92-47
… moneys); (need to establish separate bank account for E911 surcharge moneys) -- Deposits and Investments … moneys may be credited to the general fund and used for any lawful county purpose. You ask whether a county must … and used for any lawful county purpose. December 31, 1992 Robert A. Smith, Esq., County Attorney County of Rensselaer …
https://www.osc.ny.gov/legal-opinions/opinion-92-47State Comptroller DiNapoli Releases Municipal & School Audits
… which may have resulted in greater investment earnings. For example, the district’s investment earnings totaled $968, … the company’s board did not develop financial procedures for collections and disbursements, periodically monitor the … board did not properly audit 78 claims totaling $47,836. For example, the board approved 21 claims totaling $23,789 …
https://www.osc.ny.gov/press/releases/2025/10/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Announces $15 Million Investment in Northern Ireland
… (Fund) is investing $15 million (£9 million) with Northern Ireland venture capital firm Crescent Capital. The allocation … estimated $30 million anticipated investment in Northern Ireland. “We’ve found a dynamic opportunity to provide the … a solid return on investment,” DiNapoli said. “Northern Ireland has the young, skilled workforce and the solid …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandState Comptroller DiNapoli Releases Municipal & School 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/2024/05/state-comptroller-dinapoli-releases-municipal-school-audits