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NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon
… results from its annual meeting on Wednesday. DiNapoli and the New York State Common Retirement Fund’s request for … policies and practices related to racial diversity, equity and inclusion won support from 44.18% of Amazon shareholders, an …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazonIX.8.A Accounting for Federal Refunds – IX. Federal Grants
… For instances where account code 36121 (Redeposit/Recovery Fed Pymnts) must be used, if the fund where the original …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated … state pension fund rode the market rebound from the depths of the pandemic and enjoyed the largest one-year investment … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyCity of Mechanicville – Records and Reports (2012M-162)
… The City of Mechanicville is located in Saratoga County and has approximately 5,200 residents. The City government is organized under a City Council, which comprises five elected Commissioners, one of … determination of the City’s true financial condition. The Council failed to establish the policies and internal control …
https://www.osc.ny.gov/local-government/audits/city/2013/02/01/city-mechanicville-records-and-reports-2012m-162XII.8.D Contract Assignments and Sureties – XII. Expenditures
… Comptroller within 20 days of the date of assignment. Highway Law, Article 3, Section 40 states the Commissioner of Transportation may terminate …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8d-contract-assignments-and-suretiesOpinion 88-46
… the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent … of the proposed board of advisors. While the inquiry does not specify how the agreement is to be amended, it does … to a sound investment program and set forth in detail what those policies and procedures should contain. For …
https://www.osc.ny.gov/legal-opinions/opinion-88-46State Comptroller DiNapoli Releases Audits
… or manage reserve funds according to applicable laws or best practices. The board did not define the financial … replenishment or obtain voter approval to liquidate the liability reserve or fund the repair reserve, as required. … officials do not have assurance that they received the best value for this property. Auditors noted similar …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-auditsOpinion 89-49
… This opinion represents the views of the Office of the State Comptroller at the time it was … a successor executor as substitute for a previously named fiduciary, a fee is properly charged pursuant to SCPA, … or administration proceedings, and the language of the statute must control. Having concluded that fees are not …
https://www.osc.ny.gov/legal-opinions/opinion-89-49IX.7.A Funds – IX. Federal Grants
… the request to establish a new Federal fund to SFS and the COA Governance board for this purpose, regardless of whether … Federal Grants in SFS for Onboarding Agencies of this Guide. Guide to Financial Operations REV. 05/16/2019 … Given the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7a-fundsDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… filed by the AFL-CIO, urges the clothing maker to detail how it handles potential and actual human rights risks in its … explain what steps it is taking to ensure human rights are upheld there and throughout its supply chain. Safety in … a positive corporate reputation. It is vital that companies take all steps possible to hold their suppliers …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsNYS Common Retirement Fund Reports First Quarter Results
… first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, … absolute return strategies and opportunistic alternatives (5.19%). DiNapoli initiated quarterly investment performance …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… (SFY) 2021-22 was 1.15% for the three-month period ending Sept. 30, 2021, according to New York State Comptroller … plans.” The Fund's estimated value reflects benefits of $3.57 billion paid out to retirees and beneficiaries during …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsVillage of Scotia – Internal Controls Over Selected Financial Operations (2012M-148)
… revenues by nearly $23,000. The Court’s case files and bail records are not accurate and complete, and the two Justices do not maintain an accurate computerized bail list or perform monthly bank reconciliations and … between the accounting records maintained for bail, the Court’s manual check register, and the computerized …
https://www.osc.ny.gov/local-government/audits/village/2013/01/11/village-scotia-internal-controls-over-selected-financial-operations-2012m-148DiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… preliminary executive budget for fiscal year (FY) 2019 and its associated financial plan project a surplus of $2.6 … contribution to the MTA’s emergency Subway Action Plan (SAP). In addition, the city could come under pressure to contribute operating funds to the SAP. Changes in the federal tax code enacted in December 2017 …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedAbandoned Property
… currency within the scope of property covered under the abandoned property law, shorten the dormancy period for … currency within the scope of property covered under the abandoned property law shorten the dormancy period for wages …
https://www.osc.ny.gov/legislation/abandoned-propertyNYS Common Retirement Fund Announces Second Quarter Results
… year was -4.13 percent for the three-month period ending Sept. 30, 2015, according to New York State Comptroller … remaining Fund assets by allocation are invested in cash (3.4 percent), Treasury Inflation Protected Securities (TIPS) …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … the New York State Common Retirement Fund . Over the past 20 years, the Fund’s investment returns have covered 75 … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planOpinion 92-52
… or without the territorial limits of the district for the interconnection of facilities, the exchange or interchange of … of cooperative agreements made by the Authority (e.g., interconnection of facilities, conservation and protection of … which the Authority was created (See Citizens for Orderly Energy Policy v Cuomo 78 NY2d 398, 576 NYS2d 185; 1991 Opns …
https://www.osc.ny.gov/legal-opinions/opinion-92-52State Agencies Bulletin No. 1856
… reversed, or reissued will be turned over to the Office of Unclaimed Funds in April 2021. Outreach to employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1856-schedule-submitting-2020-year-end-returned-checksDiNapoli Reaffirms Commitment to DEI Initiatives
… shareholder proposals at Tesla Inc., Wells Fargo and Co., Chipotle Mexican Grill Inc., and United Health Group … filed proposals with Lennar Corp. and International Paper Co. to ask the companies’ boards of directors to report on … 2024, DiNapoli approved updates to the Fund’s proxy voting guidelines that refine and clarify considerations the …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiatives