Search
NYS Common Retirement Fund Announces First Quarter Results
… Fund’s (Fund) overall return in the first quarter of the state fiscal year 2016-2017 was 2 percent for the … period ending June 30, 2016, with an estimated value of $181 billion, according to New York State Comptroller … paid out during the quarter. The Fund’s audited value as of the March 31, 2016 end of the state fiscal year was …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… is best measured by its success over a period of years if not decades, but we always welcome a strong quarter." The … As of June 30, 2017, the Fund had 38.7 percent of its assets invested in publicly traded domestic equities and 17.3 … public equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (25.7 percent), …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… to 77 months in prison for wire fraud, subscription to false tax returns, obstruction of the grand jury, and false statement charges arising out of his embezzlement of … To satisfy the MVFD’s auditors, KLEIN prepared numerous false invoices to match the entries in the MVFD’s books. …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-former-mahopac-vfd-treasurer-sentenced-after-56-million-embezzlementDiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless
… are one way to ensure the safety, cleanliness and security of temporary hotel and motel residences for the … for recommended actions to be taken by SSDs in the case of hotels and motels that are found to be …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homelessXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… Unit coding, the agency must use its own Business Unit code on the voucher header and reference the MSC01 Business … Unit coding the agency must use its own Business Unit code on the voucher header and reference the MSC01 Business …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unitDiNapoli: As Drug Overdoses Climbed the State Failed to Inspect Residential Drug Treatment Programs
… New Yorkers in residential drug treatment programs have been … “The COVID pandemic wreaked havoc in the lives of many New Yorkers, including those vulnerable to addiction,” said … at even greater risk. We can never abandon vulnerable New Yorkers. I expect the agency to take swift steps to …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-drug-overdoses-climbed-state-failed-inspect-residential-drug-treatment-programsDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal … of the city’s updated financial plan released today by State Comptroller Thomas P. DiNapoli. “New York City’s budget … reserve of $1 billion annually. The city has taken a number of steps to increase its reserves. It has increased …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: Lack of Oversight Hinders Home Meal Delivery Program for Vulnerable Seniors
… In fiscal year 2020, DFTA reported delivering more than 4.6 million meals to over 31,000 homebound seniors. DFTA does … report. In some areas, like Community Districts 1 through 6 in The Bronx, 50% rely on other languages. DFTA, however, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-lack-oversight-hinders-home-meal-delivery-program-vulnerable-seniorsState Comptroller DiNapoli Releases State Audits
… New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued: …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-state-audits-0DiNapoli: Chatham Police Chief Sentenced for Pension Double-Dipping
… for reimbursement. His fraud was discovered during a joint investigation by State Comptroller Thomas P. DiNapoli, … finances, as well as that of another institution." “Our investigation determined that the suspect in this case … of the statutory limit by funneling the earnings through a private business, PF Volkmann & Associates. He also pled to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-chatham-police-chief-sentenced-pension-double-dippingTechnology Transfer Program and Royalty Payments
… Objective To determine if the Research Foundation for the State University of New York …
https://www.osc.ny.gov/state-agencies/audits/2020/01/17/technology-transfer-program-and-royalty-paymentsDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… New York State Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) to fellow …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated … with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the … market volatility and uncertainty will continue. We manage New York state’s pension fund to withstand tough challenges. …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: State's Fiscal Picture Has Improved, but Impact of Pandemic Revenue Losses Will Linger
… higher than expected personal income tax collections and the prospect of significant aid from the federal … on a sustainable path once emergency federal aid ends. “One year after the first case of COVID-19 was confirmed in … and stimulus aid will be received evenly over the next two fiscal years. If the state receives less than $3 billion …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-states-fiscal-picture-has-improved-impact-pandemic-revenue-losses-will-lingerDiNapoli: SED Oversight of Career Training Programs Falling Short
… Education (CTE) programs that are supposed to prepare high school students for future employment are often failing to … enrollment in certain CTE programs exceeds the number of open positions in the related job market. For … standards may be required depending on the school district or BOCES where the student takes the CTE program. …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-sed-oversight-career-training-programs-falling-shortOpinion 95-17
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. IMPROVEMENT DISTRICTS -- Property (transfer … property to a district without consideration) TOWN LAW, §§198, 202, 202-a; MUNICIPAL HOME RULE LAW, §10(1): A …
https://www.osc.ny.gov/legal-opinions/opinion-95-17DiNapoli: Better Monitoring of "Leandra’s Law" Enforcement Needed
… in their vehicles, according to an audit issued today by New York State Comptroller Thomas P. DiNapoli. DiNapoli’s audit … friends, crashed in Manhattan. State regulations require county probation departments to monitor court-ordered …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-better-monitoring-leandras-law-enforcement-neededOpinion 89-45
… broad to authorize either appointing an attorney as an employee of the town or engaging the services of an attorney … the total consideration paid to a municipal officer or employee, and is not necessarily limited to fixed salary … for the zoning board of appeals is appointed as an employee, section 267 must be read in conjunction with Town …
https://www.osc.ny.gov/legal-opinions/opinion-89-45DiNapoli: Number of New Yorkers Going Hungry Increases Despite Improving Economy
… among New York and U.S. households through 2023. Rates rose in 2021 and remained elevated in 2022 and 2023. …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-number-new-yorkers-going-hungry-increases-despite-improving-economy