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DiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… DiNapoli said. “While these settlements are certainly good for the state’s bottom line, we can’t expect such windfalls … Fund and the Rainy Day Reserve Fund, respectively; and Lottery revenues of $3.2 billion were $66.8 million, or 2 … below original projections. See the full report: Year-End Results for State Fiscal Year 2014-15 or …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15Project Tracking Systems and Economic Assistance Program Evaluations
… and job creation; and support diverse, prosperous local economies across New York State through the efficient … 5,000 associated projects. Over the years, ESD has used a mix of desktop applications and server-based platforms to …
https://www.osc.ny.gov/state-agencies/audits/2021/10/18/project-tracking-systems-and-economic-assistance-program-evaluationsDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli: Former Treasurer Pleads Guilty to Felony in Theft of More Than $5,000 in Fire District Funds
… fall prey to those who abuse public money for personal gain,” DiNapoli said. “Such crimes can be deterred by proper …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-former-treasurer-pleads-guilty-felony-theft-more-5000-fire-district-fundsState Agencies Bulletin No. 435
… Purpose To provide notification of a change in the manager of the New York State College Savings … all program assets and records will be transferred to Upromise Investments Inc. and the Vanguard Group. … To provide notification of a change in the manager of the New …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/435-change-manager-nys-college-savings-programOversight of Smart Schools Bond Act Funds
… $2 billion in bonds to finance improvements to educational technology and infrastructure for students throughout the … may begin to submit requests for reimbursement of expenses related to purchases or projects in their approved … to their approved Plans and maintained the supporting documentation for the expenditures we reviewed. However, we …
https://www.osc.ny.gov/state-agencies/audits/2020/06/10/oversight-smart-schools-bond-act-fundsEnvironmental, Social and Governance (ESG) Strategy Report
We consider environmental, social and governance (ESG) factors in our investment process because they can influence both risks and returns.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/esg-strategy-report.pdfOpinion 95-32
… MUNICIPAL FUNDS -- Deposits and Investments (use of model security and custodial agreements provided by the … COMPTROLLER -- Powers and Duties (preparation of model security and custodial agreements) GENERAL MUNICIPAL LAW, … A local government is not required by law to enter into security and custodial agreements identical to the models …
https://www.osc.ny.gov/legal-opinions/opinion-95-32Opinion 95-12
… invest funds with a State or federally chartered savings bank) MUNICIPAL FUNDS -- Deposits and Investments (authority … or invest with a State or federally chartered savings bank) GENERAL MUNICIPAL LAW, §§10, 11; BANKING LAW, §2: The term "bank" as used in General Municipal Law, §§10 and 11 does not …
https://www.osc.ny.gov/legal-opinions/opinion-95-12Administration and Collection of Real Estate Transfer Taxes
… is $1 million or more, and is often referred to as the “mansion tax.” Unlike the basic RETT, the additional RETT is … billion from 848,608 RETT tax returns. As of June 2018, 57 New York counties remit RETT information to the Department in …
https://www.osc.ny.gov/state-agencies/audits/2019/01/08/administration-and-collection-real-estate-transfer-taxesAdministration of Tenant Complaints (Follow-Up)
… in our initial audit report, Administration of Tenant Complaints (Report 2013-S-72 ). Background Homes and … to owner and tenant applications, inquiries, and complaints regarding the nearly 1 million regulated … ended December 31, 2017, the Office received 16,412 tenant complaints. We note that the number of complaints received by …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/administration-tenant-complaints-followNY-Sun Incentive Program
… commitment of $1 billion to stimulate the marketplace for solar energy in New York. NY-Sun aims to add more than three gigawatts (3 billion watts) of solar capacity, enough to power approximately 400,000 homes … is to help establish a self-sustaining and self-sufficient solar industry in the State. The roughly $1 billion will be …
https://www.osc.ny.gov/state-agencies/audits/2016/09/02/ny-sun-incentive-programPublic Authorities – 2023 Financial Condition Report
… Public authorities are distinct legal entities that provide services to the public as well as … Public authorities are distinct legal entities that provide services to the public as well as …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-authoritiesProject Tracking Systems and Economic Assistance Program Evaluations (Follow-Up)
… two recommendations included in our initial audit report, Project Tracking Systems and Economic Assistance Program … ESD has primarily tracked its programs using an in-house project tracking system as well as desktop applications. In … of Microsoft Dynamics (Dynamics) to replace its existing project tracking system to reduce duplicative data entry, …
https://www.osc.ny.gov/state-agencies/audits/2024/02/14/project-tracking-systems-and-economic-assistance-program-evaluations-followDiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets
… Global Corp., pizza maker Papa John’s International Inc., aluminum producer Century Aluminum Co. and Spirit Reality Inc., a real estate investment trust. The Kraft Heinz Co. agreed to …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-pension-fund-reaches-agreements-companies-evaluate-and-set-greenhouse-gas-emissionsComptroller DiNapoli Releases Municipal Audits
… The board did not develop and manage a comprehensive investment program to ensure interest earnings were …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-audits-0Administration of Fellowship Leaves
… for at least one year upon their return. Six of CUNY's 11 senior college campuses (Brooklyn College, the Graduate Center, Hunter College, John Jay College, Lehman College, and Queens College) granted …
https://www.osc.ny.gov/state-agencies/audits/2013/10/09/administration-fellowship-leavesState Comptroller DiNapoli Releases State Audits
… needs at least $104.5 million for complete repainting and replacement of the approaches. However, the Authority has … should formally assess the propriety of the current toll structure. ### …
https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-releases-state-auditsDiNapoli Releases Report on 30-Day State Budget Amendments
… risks associated with the revised estimates. The revenue consensus between the Executive and the Legislature further … of the SFY 2015-16 Executive Budget Amendments and Revenue Consensus . …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: Guess Inc. Agrees to Report on Workplace Safety, Environmental Risks
… result of the corporation’s agreement to publish an annual sustainability report, DiNapoli withdrew his shareholder proposal that asked … presence. Guess? agreed to publish "an initial sustainability report" by Dec. 31, 2015 that will describe …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-guess-inc-agrees-report-workplace-safety-environmental-risks