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DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year 2022-23. For the three-month period …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… the end of the first quarter of state fiscal year 2023-24. For the three-month period ending June 30, 2023, Fund … in recent months helped the Fund post positive results for the quarter,” DiNapoli said. “Recent economic indicators …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… As of Dec. 31, the Fund had 41.84% of its assets invested in publicly traded equities. The remaining Fund assets by … It has consistently been ranked as one of the best managed and best funded plans in the nation. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… P. DiNapoli, commended the Comptroller and Fund staff for holding “themselves to the highest ethical, professional and conflict of interest standards” and for being “well-prepared for the challenges that the [COVID-19] pandemic posed.” The …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsFly Creek Fire District – Non-Payroll Disbursements (2022M-115)
… District purposes and audited prior to payment, the Board of Fire Commissioners (Board) did not ensure purchases were … totaling $53,425. The Treasurer performed all aspects of the disbursements process with little oversight or …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/23/fly-creek-fire-district-non-payroll-disbursements-2022m-115Low-Income Housing Trust Fund Program
To determine whether LowIncome Housing Trust Fund Program Program funds are being awarded and disbursed in an efficient manner to help meet the States criti
https://www.osc.ny.gov/state-agencies/audits/2014/08/28/low-income-housing-trust-fund-programDiNapoli: State Needs to Improve Oversight of Child Care Grants
… The Office of Children and Family Services (OCFS) failed to adequately oversee the use of child care stabilization … funds received during the COVID-19 pandemic, according to an audit released today by State Comptroller Thomas P. … funds from providers. Align providers’ grant awards to best meet the goals of child care grant programs, including: …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-needs-improve-oversight-child-care-grantsEthics
… Conflicts of Interest Poster [pdf] -- For best print quality, poster should be printed on 11in. x 17in. paper. Conflicts of Interest of Municipal Officers and Employees [pdf] Model Code of …
https://www.osc.ny.gov/local-government/resources/ethicsDiNapoli: As Drug Overdoses Climbed the State Failed to Inspect Residential Drug Treatment Programs
… havoc in the lives of many New Yorkers, including those vulnerable to addiction,” said DiNapoli. “Skyrocketing … and treatment at even greater risk. We can never abandon vulnerable New Yorkers. I expect the agency to take swift …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-drug-overdoses-climbed-state-failed-inspect-residential-drug-treatment-programsState Comptroller Thomas P. DiNapoli Statement on IDA Reform Legislaton (S.5867/A.7915)
… “My thanks to Assemblyman Magnarelli and Senator Marchione for encouraging New York to adopt meaningful oversight and … to recognize the New York Economic Development Council for its partnership in creating sensible legislation to that … local communities. My thanks also to Governor Cuomo for recognizing the value of this proposal and signing the …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-statement-ida-reform-legislaton-s5867a7915DiNapoli: Nourish NY Needs Better Oversight to Connect More Food Banks and In-State Farms to Funding
… The Nourish New York program (Nourish NY) was created to help the 1-in-10 New Yorkers facing food … P. DiNapoli found the agencies jointly managing Nourish NY may have limited the program's ability to fund certain … help increase the number of participating farms.” Nourish NY is jointly managed by the New York State Department of …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-nourish-ny-needs-better-oversight-connect-more-food-banks-and-state-farms-fundingDiNapoli: New York State Pension Fund Helping Build a Lower Carbon Future
… General Dynamics agreed to set quantitative goals for lowering its GHG emissions based on guidance from the … no agreement was reached, including: Resolution calling for ExxonMobil to address climate change and explain how it … strong support from 38% of fellow shareholders, a record for a climate change proposal at the company. Resolution …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-new-york-state-pension-fund-helping-build-lower-carbon-futureVillage of Unadilla – Procurement (2022M-182)
… $469,283, Village officials did not seek competition for 18 purchases totaling $440,056. By not seeking … interest of its taxpayers. Competition was not sought for: Any of the five purchases subject to competitive … requirements and the procurement policy. Award contracts for insurance coverage and professional services only after …
https://www.osc.ny.gov/local-government/audits/village/2024/04/26/village-unadilla-procurement-2022m-182DiNapoli Op-Ed in Newsday Urges Public Campaign Financing Commission to Keep Fusion Voting and Open Up Political Process
… office. Let’s tear down those obstacles and open the path. After years of proposals falling to the wayside, New York …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-op-ed-newsday-urges-public-campaign-financing-commission-keep-fusion-voting-and-openDiNapoli: Wall Street Bonuses Rose Sharply in 2009
… help the state’s bottom line,” DiNapoli said. “But for most Americans, these huge bonuses are a bitter pill and … and reflects cash bonus payments and deferred compensation for which taxes have been prepaid. The estimate does not … provisions, which will enable firms to recoup bonuses for excessive risk-taking. The industry also devoted a much …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009Universal Pre-Kindergarten Program – Monitoring of Health and Safety Requirements
… all four-year-olds in the State with the opportunity for an early childhood education. UPK provides four-year-old … regulations require buildings and classrooms used for UPK to be safe and to comply with applicable fire safety, health, and building codes, and for equipment and furnishings to be safe and suitable for …
https://www.osc.ny.gov/state-agencies/audits/2016/12/20/universal-pre-kindergarten-program-monitoring-health-and-safety-requirementsGreen Best Practices: How Local Governments can Reduce Energy Cost and Minimize Impact on Global Climate Change
Green Best Practices: How Local Governments can Reduce Energy Cost and Minimize Impact on Global Climate Change
https://www.osc.ny.gov/files/local-government/publications/pdf/researchbrief_green.pdfDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… by the Fund in 2009 as part of his on-going efforts to increase accountability and transparency. … New York State …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterTown of Oxford – Procurement (2024M-88)
… Determine whether the Town of Oxford (Town) officials used a competitive process to procure goods and services. Key Findings Town officials … competition was not sought for: 52 purchases subject to competitive bidding requirements totaling $463,310. 31 …
https://www.osc.ny.gov/local-government/audits/town/2024/11/22/town-oxford-procurement-2024m-88DiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… and limited oversight of mental health education for students, an audit by New York State Comptroller Thomas … upheaval caused by the COVID-19 pandemic created a crisis for many students in New York, but not enough is being done … intense school-related stress due to COVID-19. The Centers for Disease Control and Prevention reported that in 2020, …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schools