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NY State Comptroller Announces Appointment of Emerging Managers Director
… Program. He was appointed Interim Director of the Program in February 2023. “Sylvester McClearn has a long and proven track record in the financial industry and as a member of our team,” said … solid returns, while addressing the historical inequities in the finance sector. I am confident he will help expand our …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorNYS Common Retirement Fund Reports Second Quarter Results
… of $267.8 billion. “Market volatility brought returns down from their heights earlier in the year, but the Fund remains …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2021-22 … Dec. 31, 2021, the Fund had 51.38% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (22.37%), private equity …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for … new steps the company has said it will take is investment in renewable resources and advanced technologies to make its power grid more efficient and decentralized. In its American Electric Power: Strategic Vision For a Clean …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsNYS Common Retirement Fund Reports First Quarter Results
… additional economic disruptions and unpredictable market swings. We are one of the best funded retirement systems in …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… State Comptroller Thomas P. DiNapoli today urged Congress to increase the eligibility age from 26 to 46 for individuals who can participate in the Achieving a … million in assets saved by individuals and their families to pay for medical and living costs. "People who become …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the second quarter of the state fiscal year 2015 was -0.52 … maximize long-term value.” The Fund's positive performance in some markets during the three months ending Sept. 30 was … bank actions that triggered broad market volatility in the international markets. The Fund’s value was $176.8 …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the second quarter of the Fund’s 2015-2016 fiscal year was … billion at the close of its second quarter. “Volatility in the late summer continued to seriously challenge investors … for generations to come. While we’ve seen some recovery in the third quarter, there is no question that this is a …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Releases Report on Local Roads
… Local governments across New York State spent $2 billion on road maintenance, repairs and upgrades in local fiscal year (FY) 2020, a decline of 7% since 2010 when … Local governments across New York State spent $2 billion on …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsNYS Common Retirement Fund Reports Estimated First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 … helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather the … June 30, 2022, the Fund had 44.7% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… New York City, facing significant uncertainty in its economic and financial outlook, should develop a … be well-served by developing and considering all options, in order to identify if and when deficit financing is truly … gaps were under 5 percent, compared to 10 percent in the previous two recessions. DiNapoli’s report also found …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: Gaming Commission Slow to Collect Casino Fees
… Gaming Commission must do a better job staying on top of New York’s ever-expanding gaming footprint. The commission … as the state is exploring issuing licenses for three new casinos and recovering from the pandemic.” The commission … all aspects of gaming activity in New York. Commercial and Video Lottery Terminal (VLT) facilities are required to send …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesDiNapoli: More State Involvement Needed to Address Local Emergency Medical Services Challenges
… New York state are providing emergency medical services (EMS), amid a drop in EMS workers and inadequate funding, but more state action is … sustainable, effective solutions.” In New York state, EMS are provided by an assortment of public and private … New York state are providing emergency medical services EMS amid a drop in EMS workers and inadequate funding but …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-more-state-involvement-needed-address-local-emergency-medical-services-challengesDiNapoli Report Looks at New York's Social Insurance Programs for Unemployed and Injured Workers
… The benefits from four major social insurance programs provide crucial financial support during difficult times in the lives of hundreds of thousands New York workers and their families each year, according to a … The benefits from four major social insurance programs provide crucial financial support during …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-report-looks-new-yorks-social-insurance-programs-unemployed-and-injured-workersDiNapoli: SUNY Downstate Failed to Get Its Money's Worth From Cost-Cutting Consultant
… Medical Center paid a consultant $34 million for a plan to help the hospital out of financial trouble, but a report … Pitts Management Associates (PMA), which it charged to SUNY Downstate while working on this project. "SUNY … problems were severe and it needed help. But it failed to monitor PMA's $34 million contracts and did not get what …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-suny-downstate-failed-get-its-moneys-worth-cost-cutting-consultantDiNapoli: Local Sales Tax Collection Growth Highest Since 2013
… year-over-year growth since 2013. "This is welcome news for municipalities, as local revenues have been under … in the fourth quarter of 2016 (3.8 percent) statewide. For most regions except New York City, 2017 growth was stronger than the annual average for the prior six years. New York City's increase of 4.4 …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-local-sales-tax-collection-growth-highest-2013Mohawk Valley Faces Challenges But Bright Spots Exist
… grew slightly, but, since 2010, Census estimates show declines in each county. The Mohawk Valley's annual …
https://www.osc.ny.gov/press/releases/2018/07/mohawk-valley-faces-challenges-bright-spots-existDiNapoli Releases Report on Tax Check-Off Donations
… Disease Support Services, Volunteer Firefighter and EMS Recruitment and Retention, and Prostate Cancer Research. …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-report-tax-check-off-donationsNew York City Construction Industry Booming
… The construction industry in New York state has set employment … with New York City accounting for half of the state’s construction job gains since 2010, according to a report … DiNapoli. “While the nation has yet to recover all of the construction jobs it lost during the Great Recession, New …
https://www.osc.ny.gov/press/releases/2019/05/new-york-city-construction-industry-boomingStatement from New York State Comptroller Thomas P. DiNapoli on the Passing of Former Governor Mario Cuomo
… former Governor Mario Cuomo. I had the privilege to serve in the State Legislature while he was Governor, and I admired … former Governor Mario Cuomo I had the privilege to serve in the State Legislature while he was Governor and I admired …
https://www.osc.ny.gov/press/releases/2015/01/statement-new-york-state-comptroller-thomas-p-dinapoli-passing-former-governor-mario-cuomo