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NYS Common Retirement Fund Reports Estimated First Quarter Results
… for the three-month period ending June 30, 2022, according to New York State Comptroller Thomas P. DiNapoli. The Fund … prudent management and diverse holdings have helped make it one of the best-funded public pension funds in the nation … (5.8%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to the …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsOpinion 92-48
… of the sale of the improvement are used to pay or provide for the construction, reconstruction, acquisition or … and interest due on the indebtedness could be used for any lawful municipal purpose. Based on the requirement in … with the proceeds of obligations authorized to be issued for a single object or purpose and only a portion of the …
https://www.osc.ny.gov/legal-opinions/opinion-92-48XVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… accounting and financial reporting principles. From time to time, GASB will issue statements that prescribe accounting … The procedures listed below have been developed in order to ensure a smooth transition when implementing a new … reporting standard is issued by GASB, it must be critiqued to identify the accounting issues involved as well as what …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the second quarter … increase accountability and transparency. About the Common Retirement Fund New York State Comptroller Thomas P. DiNapoli …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNY State Comptroller Announces Appointment of Emerging Managers Director
… New York State Comptroller Thomas P. DiNapoli today announced the … Sylvester (Sly) McClearn as director of the New York State Common Retirement Fund’s (Fund) Emerging Manager Program. He was …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorDiNapoli Releases Report on 30-Day State Budget Amendments
… Amendments to the proposed state budget appropriately lower tax collection estimates in the Financial Plan for state fiscal year 2014-15 but increase the … oversight measures, checks and balances, and spending reviews could be bypassed. The 30-day amendments also add …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… by New York State Comptroller Thomas P. DiNapoli, the former clerk of the town of Rosendale justice court will … She was also fired from her position as clerk. “My office continues to work closely with law enforcement to ensure local officials who abuse their …
https://www.osc.ny.gov/press/releases/0215/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the … continue to seek prudent investments and manage the state pension fund to be able to withstand additional economic … fiscal year end March 31, 2021 was $258.1 billion and the annual return was 33.55%. As of June 30, 2021, the Fund had …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the … has positioned us as one of the nation’s strongest public pension plans.” The Fund's estimated value reflects benefits … end March 31, 2021 was $258.1 billion and the SFY 2020-21 annual return was 33.55%. As of Sept. 30, 2021, the Fund had …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… resigned as the Almond town clerk in Allegany County in Spring of 2021. “This plea was accomplished based on the … effort and work of the Comptroller’s office, the NY State Police, and the Steuben County DA’s Office,” said … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthState Comptroller Thomas P. DiNapoli Statement on Gov. Hochul's State of the State Address
… Hochul took over as governor at a time of great challenge in New York state and immediately demonstrated her … competence and more collaborative style. Her State of the State message today continued her thoughtful, … stronger-than-expected economic recovery taking place here in New York. Local sales tax receipts continue to improve, …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-thomas-p-dinapoli-statement-gov-hochuls-state-state-addressDiNapoli: Gaming Commission Slow to Collect Casino Fees
… either. In total, the casinos owe New York $17.7 million. Two other recommendations on tribe/nation revenue reporting …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… agreements, which will begin expiring in May. “My office’s full analysis of the FY 2022 budget and the Mayor’s executive …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetDiNapoli: Perry Ambulance Service Manager Charged With Embezzlement
… Perry Ambulance Service Business Manager Darcy J. Conaway was charged this week with grand larceny in the third degree … more than $3,000 of ambulance service funds, according to New York State Comptroller Thomas P. DiNapoli. The arrest was … 2014 and August 2017, Conaway used ambulance funds to pay her personal utility bills, Direct TV Service and her …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-perry-ambulance-service-manager-charged-embezzlementDiNapoli Releases Report on Local Roads
… property values are generally higher, spending compared to full property value is lower, while upstate is higher. On … Island, local road spending was $0.75 per $1,000 of the full value of property in 2020, while the Southern Tier …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the … of $279.7 billion. “A strong third quarter kept our state pension fund on track, despite ongoing market volatility,” … end March 31, 2021, was $258.1 billion and the SFY 2020-21 annual return was 33.55%. As of Dec. 31, 2021, the Fund had …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… if improper Medicaid payments were made on behalf of recipients with multiple Client Identification Numbers (CINs) … for the provision of health care services for Medicaid recipients and reimburse providers. Each individual who … benefits is assigned a CIN, a unique identifier. However, recipients may have more than one CIN assigned during the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… COVID-19 pandemic has created a significant revenue loss for the city while driving up costs to deal with its … if and when deficit financing is truly needed. Washington, for its part, can, and must, help the city weather this … potential revenue shortfalls and should be a prerequisite for considering deficit financing as a revenue source, …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: Former Tax Collector Accused of Pocketing $88,000 for Car Loans, Amazon Purchases, Food and Other Expenses
… of Jennifer Colucci, 41, of Hopewell Junction, N.Y., for allegedly stealing more than $88,000 in tax funds collected for the use of the town of Beekman and its schools. The … their tax money to benefit their community, not to pay for an individual’s personal lifestyle. I thank Dutchess …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-former-tax-collector-accused-pocketing-88000-car-loans-amazon-purchases-food-and-otherDiNapoli: Former Bemus Point Clerk Arrested for Theft of Over $60,000
… Chautauqua County District Attorney Jason Schmidt and Chautauqua County Sheriff James B. Quattrone today … for her personal vehicle. She was employed by the village between 2015 and November of 2020. “Jaeger allegedly treated … W. Foley. The arrest was a result of a joint investigation between the State Comptroller’s Office, the Chautauqua County …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-former-bemus-point-clerk-arrested-theft-over-60000