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DiNapoli: Property Tax Exemptions Top $450 Billion
… In this category, the state's School Tax Relief program (STAR) – which applies to a large portion of owner-occupied … outside of New York City – represents the majority share. STAR accounted for 2.4 million partial exemptions in 2016, … of all exempted value. However, unlike other exemptions, STAR creates no direct additional burden on other local …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-property-tax-exemptions-top-450-billionDiNapoli: State Tax Collections Dip
… revenue remains below estimates.” Total receipts from all funds, including miscellaneous and federal receipts, declined … focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental Funds includes General, Special Revenue, Debt Service and …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipDiNapoli: NYC Budget Benefits From Stronger Economy
… of job creation, a booming tourism industry and strong real estate markets. The city has added 425,000 jobs since the end … de Blasio has also proposed increasing the city’s ten-year capital program by $14 billion (26 percent) to better reflect …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyAllocation and Budgetary Controls Over Unrestricted Funds
… Purpose To determine if the Research Foundation for the State University of New York had: a fair and equitable methodology for charging (assessing) SUNY campuses for the costs of central office operations and statewide … To determine if the Research Foundation for the State University of New York had a fair and equitable …
https://www.osc.ny.gov/state-agencies/audits/2014/01/07/allocation-and-budgetary-controls-over-unrestricted-fundsCollection of Petroleum Business Tax and Motor Fuel Excise Tax (Follow-Up)
… of the two recommendations included in our initial audit report, Collection of Petroleum Business Tax and Motor Fuel … implemented both recommendations from the initial audit report. … of the two recommendations included in our initial audit report Collection of Petroleum Business Tax and Motor Fuel …
https://www.osc.ny.gov/state-agencies/audits/2022/06/08/collection-petroleum-business-tax-and-motor-fuel-excise-tax-followCompliance With Executive Order 88 – Energy Efficiency of State Buildings (Follow-Up)
… Objective To assess the extent of implementation of the three recommendations included in our initial audit … With Executive Order 88: Energy Efficiency of State Buildings ( 2018-S-62 ). About the Program Executive Order 88 … To assess the extent of implementation of the three recommendations …
https://www.osc.ny.gov/state-agencies/audits/2020/10/15/compliance-executive-order-88-energy-efficiency-state-buildings-followCollection of Petroleum Business Tax and Motor Fuel Excise Tax
… in place that allow it to appropriately collect Petroleum Business Tax and Motor Fuel Excise Tax, as required by … 1, 2016 to January 31, 2019. About the Program Petroleum Business Tax (PBT) is paid by petroleum businesses for …
https://www.osc.ny.gov/state-agencies/audits/2020/05/20/collection-petroleum-business-tax-and-motor-fuel-excise-taxDiNapoli: Major Retailers Agree to Stronger Supplier Oversight
… their suppliers to report on workplace safety, human and worker rights and environmental compliance. 2012 - Leggett & …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-major-retailers-agree-stronger-supplier-oversightDiNapoli: Majority of H&R Block Shareholders Want Disclosure of Company's Political Spending
… Thomas P. DiNapoli today announced that a majority of voting shareholders supported the New York State Common Retirement Fund’s request that H&R Block disclose its spending on political activities. The Fund owns shares of H&R Block with an approximate value of $24 million. …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-majority-hr-block-shareholders-want-disclosure-companys-political-spendingState Comptroller DiNapoli Releases Municipal Audits
… made by the Treasurer and collections from the clothing organization, ambulance corporation and fundraising …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-auditsNY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
… fellow investors in Wynn Resorts to vote their shares for the Fund's request that the company disclose its direct … political spending. In addition to seeking support for the Fund's proposal, DiNapoli asked shareholders to join … the Fund in withholding votes from all board directors up for re-election. Separately, DiNapoli and the Fund have been …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-calls-wynn-resorts-disclose-all-political-spendingDiNapoli: State Pension Fund Value $206.9 Billion
… pending audited data available later this year ** Treasury Inflation-Protected Securities About the New York State Common Retirement Fund The New York …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionMWBE Report 2015-2016 Fiscal Year
The New York State Common Retirement Fund’s Emerging Manager Program began in 1994 with an allocation of $49 million to Progress Investment Management Company,
https://www.osc.ny.gov/files/reports/special-topics/pdf/mwbe-fiscal-2015-16.pdfDiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… Fund’s (Fund) efforts to increase corporate accountability for progress on diversity, equity and inclusion (DEI) issues. … to ensure racial equity while holding them accountable for failing to ensure DEI throughout all levels of their … and data disclosure related to DEI is a priority for the Fund’s corporate governance engagement. Numerous …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusionHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs
… HTFC’s Office of Community Renewal is allocated federal funding from the U.S. Department of Housing and Urban … housing crisis caused by the pandemic escalated the need for programs that provide housing stability. As such, the … and Economic Security Act of 2020 (CARES Act) provided funding for emergency economic relief for individuals, …
https://www.osc.ny.gov/state-agencies/audits/2022/09/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingDiNapoli and Investor Group Reach Shareholder Agreement With FirstEnergy
… FirstEnergy was also asked to consider innovative technologies and strategies for energy generation, including … the company. “As the principal fiduciary of Connecticut’s pension plans and a shareholder, I have a responsibility to …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-and-investor-group-reach-shareholder-agreement-firstenergyComptroller DiNapoli Releases State Audits
… service delivery. Metropolitan Transportation Authority (MTA), New York City Transit Paratransit Division - … Accident Claims (2012-S-12) Federal law requires the MTA to provide transportation services to individuals with …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-state-auditsState Agencies Bulletin No. 2091
… annual contribution amount will increase to $22,500 for calendar year 2023. An additional deferment is available to … Maximum contribution limits will be effective beginning calendar year 2023. OSC Actions OSC will update PayServ to … for the Blind, and School for the Deaf) or the Percent of Earnings election (for employees of CUNY), the agency must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2091-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 2185
… annual contribution amount will increase to $23,000 for calendar year 2024. An additional deferment is available to … Maximum contribution limits will be effective beginning in calendar year 2024. OSC Actions: OSC will update PayServ to … for the Blind, and School for the Deaf) or the Percent of Earnings election (for employees of CUNY), the agency must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2185-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaOverlap, Duplication, Gaps, and/or Fragmentation in Workforce Development Programs and Services
… who they serve, and what their eligibility requirements are; and to determine whether there is overlap, duplication, gaps, and/or fragmentation … in open positions, while those in some essential sectors are struggling to retain and recruit top talent. More … who they serve and what their eligibility requirements are and to determine whether there is overlap duplication …
https://www.osc.ny.gov/state-agencies/audits/2022/05/19/overlap-duplication-gaps-andor-fragmentation-workforce-development-programs-and-services