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DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… as one of the strongest in the nation, but it comes with a caution. Markets remain volatile and as unpredictable as ever. With our talented investment staff, I will continue to manage our state’s pension fund with prudence and a focus on stable, long-term results that …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyState Comptroller DiNapoli Releases State Audits and Examinations
… New York State Comptroller Thomas P. DiNapoli announced today the … to help ensure it meets PCI requirements. Public Service Commission (PSC): Oversight of Complaint Activity (2015-S-82) … state laws, rules, and regulations to enforce utility consumer protections related to consumer complaints. The PSC …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-state-audits-and-examinationsState Comptroller DiNapoli Releases State Audits
… issued: State Education Department: Bornhava, Compliance with the Reimbursable Cost Manual (2016-S-23) Bornhava, a … range of preschool special education services to children with disabilities from birth to five years of age. For the … not doing enough to identify and follow up on properties with billboards. In a follow-up report, auditors found the …
https://www.osc.ny.gov/press/releases/2016/11/state-comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases School Audits
… Central School District , Glen Cove City School District , Valley Stream Union Free School District #24 and the York … and did not show all devices assigned to employees. Valley Stream Union Free School District #24 – Leave Accruals … Central School District Glen Cove City School District Valley Stream Union Free School District 24 and the York …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-2DiNapoli Calls on Companies to Increase Board Diversity
… and sexual orientation. The companies are among hundreds with no women directors that DiNapoli has contacted as … Fund in recent months. “Research has shown that companies with diverse boards perform better,” DiNapoli said. “Lack of … to the more than 200 companies in the Russell 3000 Index with no women directors, informing them of the Fund’s recent …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversityState Comptroller DiNapoli Releases Audits
… audit. State Education Department (SED): Oversight of Smart Schools Bond Act Funds (2019-S-13) It takes SED nearly … to approve school district projects funded through the Smart Schools Bond Act, leading to project delays and … to get funding. State Education Department: Through Ages Inc. – Compliance With the Reimbursable Cost Manual …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-audits-0IX.12.E Specific Programs Subject to CMIA – IX. Federal Grants
… the cash management principles embodied in CMIA, programs with annual State disbursements exceeding the federally … If an agency CMIA liaison believes an action may conflict with TSA requirements, the liaison must first consult DOB and OSC. DOB and OSC, often with input from the State’s CMIA consultant, will determine …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12e-specific-programs-subject-cmiaState Agencies Bulletin No. 2437
… All agencies with appropriations due to lapse on June 30, 2026 are affected. Background: Appropriations allocated to … Effective Dates: Administration paychecks dated July 1, 2026, and Institution paychecks dated July 9, 2026 OSC Actions: OSC has provided a spreadsheet of all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2437-updating-payserv-chartfield-strings-june-lapsing-eventsAnthem Blue Cross – Effectiveness of the Recovery Process
… covering over 1 million members. Civil Service contracts with Anthem to administer the Empire Plan’s Hospital Program, … for standard claim recovery services under its contract with Civil Service. Typically, claim recovery services … We also found that Anthem’s contract negotiations with hospitals limited its ability to fully review $55.8 …
https://www.osc.ny.gov/state-agencies/audits/2026/01/06/anthem-blue-cross-effectiveness-recovery-processVendor Responsibility Review Process
… By law, State contracting entities may only award contracts to responsible … fully. Who determines responsibility It is the State contracting entity’s duty to evaluate the responsibility of … Responsibility Questionnaire, if required. The State contracting entity must fully review all information provided …
https://www.osc.ny.gov/state-vendors/vendrep/vendor-responsibility-review-processOpinion 91-52
… may not adopt a post-1953 local law which provides for an award of a contract after competitive bidding to a … which employ a prescribed percentage of local residents for the purpose of benefiting the local economy. Such … which debars bidders from future contracts as a sanction for not complying with procurement requirements. Prior …
https://www.osc.ny.gov/legal-opinions/opinion-91-52XII.6.Z Processing Payments to Complex Entities – XII. Expenditures
… on how to process payments to Long Island Power Authority (LIPA). Please note that Business Units may make payments to LIPA for both utility and non-utility services. Consistent … and Document Preparation: Utility and Non-Utility Payments LIPA provides electric service to customers, including …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6z-processing-payments-complex-entitiesTown of Philipstown - Board Oversight of Water Billing Operations (2019M-43)
… and complete. Amend the Town code water penalty to comply with Town Law. Town officials agreed with our recommendations and have initiated or indicated they …
https://www.osc.ny.gov/local-government/audits/town/2019/05/24/town-philipstown-board-oversight-water-billing-operations-2019m-43Geneva City School District - Reserves (2018M-51)
… Geneva City School District Reserves 2018M51 …
https://www.osc.ny.gov/local-government/audits/school-district/2018/06/22/geneva-city-school-district-reserves-2018m-51DiNapoli Statement on His Placement Agent Ban Becoming Law
… the previous administration's wrongdoing. It was clear to me that placement agents were corrosive and unnecessary," …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawDiNapoli: Town of Cohocton Clerk Arrested for Stealing Public Funds
… staff and the New York State Police that she pocketed tax penalty payments, as well as cash for building permits … “We will continue to work to expose public corruption and partner with law enforcement to bring offenders to justice and recoup …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-town-cohocton-clerk-arrested-stealing-public-fundsComptroller DiNapoli Releases School Audits
… Financial Operations (Albany County) The school contracts with a not-for-profit foundation for various services. The contract with the foundation is not sufficiently detailed to determine … are reasonable. The district’s tentative budget complies with the property tax levy limit. …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-school-auditsConclusion – Improving the Effectiveness of Your Claims Auditing Process
… The claims auditing process is known as a "super control" because, when conducted effectively, it can … offices is located at the end of this publication. Please contact the regional office for your locality with any … Legal questions can be directed to OSC’s Division of Legal Services at 518-474-5586. …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/conclusionOversight of School Fire Safety Compliance (Follow-Up)
… ). Background The State Education Department (Department) is responsible for overseeing school fire safety, including … The Department’s Facilities Planning Unit (Unit) is responsible for the fire safety program for schools …
https://www.osc.ny.gov/state-agencies/audits/2017/11/28/oversight-school-fire-safety-compliance-followReview of Growe Technologies Inc.
… Foundation, Inc. entered into a non-competitive agreement with Growe for healthcare IT services to implement MU and … State-funded, non-competitive, single-source contract with Growe under Part Q of Chapter 56 of the Laws of 2013 … procure services to promote fairness in contracting with the business community, facilitate the best possible …
https://www.osc.ny.gov/state-agencies/audits/2016/02/19/review-growe-technologies-inc