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NYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… that many fossil fuel companies are responding to global warming’s unprecedented challenge with a … participating in a study, conducted by Mercer with other global institutional investors, to study the impact that …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryPension Funds Break New Ground on Board Diversity
… homogeneous boards are vulnerable to ‘groupthink’ which can discourage innovation and put their reputations and … fiduciary of the Connecticut pension funds, that is what I care about.” “We congratulate Monster Beverage Corp. on its …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityOpinion 92-11
… This opinion represents the views of the Office of the State Comptroller at the time it was … from insurance reserve to reserve for property loss and liability claims) MUNICIPAL FUNDS -- Insurance Reserve …
https://www.osc.ny.gov/legal-opinions/opinion-92-11State Agencies Bulletin No. 414
… explain the new certification process resulting from the Payroll System upgrade. Affected Employees Employees who … from leaves, and promotions, that are entered into the payroll system each payroll period, require certification by …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/414-employee-certification-process-unified-court-system-ucsOpinion 90-12
… the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer … that bear on the issues discussed in the opinion. COUNTY TREASURER -- Powers and Duties (payment out of money … purpose ( Travelers' Ins. Co. v Louis Padula Co. , 224 NY 397, reh den 225 NY 638; Anderson v Board of Education of …
https://www.osc.ny.gov/legal-opinions/opinion-90-12DiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… in unallowable expenses and $489,616 in questionable costs that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that serves …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerDiNapoli Op-Ed in Crain's New York Business
… Covid Relief Funds? The new state budget reflects robust tax revenue growth and an unprecedented infusion of federal … even for New York, which has been among the largest net tax-dollar losers. But the extraordinary federal aid is …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-businessLeading the Way on Climate Investment
… risk, please see the 2024 Progress Report on the New York State Common Retirement Fund’s Climate Action Plan. … to net zero greenhouse gas emissions by 2040. As the world increasingly moves toward net zero emissions targets by … Climate Action Plan Decarbonization Advisory Panel Report New York State Pension Fund Sets 2040 Net Zero Carbon …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentDiNapoli: Owner and Employee of Medical Transport Company Arrested for Defrauding Medicaid
… Transportation and Heather Smith an employee/driver for the company, for the alleged theft of over $700,000 from … on an indictment charging him with health care fraud, grand larceny, money laundering, medical assistance provider … in Judge Caruso in Schenectady City Court on a charge of grand larceny. She is due back in court on Sept. 25. The …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-owner-and-employee-medical-transport-company-arrested-defrauding-medicaidNY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors
… investors holding $2,000 of company stock for at least one year to file a shareholder proposal. The Act would raise the …
https://www.osc.ny.gov/press/releases/2017/06/ny-state-city-comptrollers-state-treasurers-federal-bill-attempts-silence-investorsOversight of the Early Intervention Program (Follow-Up)
… Objective To determine the extent of implementation of the five recommendations included in our initial audit report, Oversight of the Early … with White children generally being referred at a younger age and Black children being less likely to receive services …
https://www.osc.ny.gov/state-agencies/audits/2024/09/26/oversight-early-intervention-program-followMaintenance, Inspection, and Testing of the Event Recorder System
… on locomotives inbound for periodic inspection (PI) in any calendar month are still fully functional. Key Findings We …
https://www.osc.ny.gov/state-agencies/audits/2018/11/07/maintenance-inspection-and-testing-event-recorder-systemIndustrial Development Agency Board Governance (2017-MS-1)
… for the IDA’s general management and control. In June 2016, new legislation became effective to increase the …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/09/22/industrial-development-agency-board-governance-2017-ms-1Vacancies at the Clinton Towers Mitchell-Lama Housing Development
… the Clinton Towers Mitchell-Lama housing development were being rented in a timely manner. Our audit focused on the period January 1, … in every borough. HPD accomplishes its mission by enforcing housing quality standards, financing affordable …
https://www.osc.ny.gov/state-agencies/audits/2017/12/08/vacancies-clinton-towers-mitchell-lama-housing-developmentOpinion 97-4
… City of Glen Cove may not expend foreign fire insurance tax moneys to provide a benefit to a member of the … of the City of Glen Cove may expend foreign fire insurance tax moneys to provide a death benefit to a member of the … govern the distribution and use of foreign fire insurance tax moneys, except as otherwise provided in any special law. …
https://www.osc.ny.gov/legal-opinions/opinion-97-4New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… New York City projects a surplus of more than $2.7 billion for fiscal … “The out-year budget gaps are relatively small, but there is still a risk of an economic downturn. Also, the proposed …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Three Syracuse School District Employees Charged With Fraud in Scheme
… William Fitzpatrick announced today that three employees of the Syracuse City School District’s after-school Twilight … DeCarlo and Murray were supposed to help the students of Syracuse graduate from high school,” DiNapoli said. … and does not reflect on the hardworking dedicated teachers of the Syracuse City School District,” said Onondaga County …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-three-syracuse-school-district-employees-charged-fraud-schemeCUNY Bulletin No. CU-739
… is to provide agency instructions for processing the June 2022 Uniform Allowance Payment. Affected Employees: Employees … Safety Sergeant Be in Active pay status for at least 100 working days from 12/01 to 05/31 $780.50 Campus Peace … Assistant (full-time) Be in Active pay status for at least 100 working days from 12/01 to 05/31 $361.50 Campus Security …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-739-cuny-june-2022-uniform-allowance-paymentCompliance With Executive Order 88 – Energy Efficiency of State Buildings (Follow-Up)
… is the centerpiece of BuildSmart NY – the State’s program for pursuing energy efficiency in certain New York State … by creating green jobs and stimulating the marketplace for clean energy and energy-efficient products and services. … office space in the Capital Region. OGS is responsible for 19 buildings and two campuses. Of the 19 buildings, 11 …
https://www.osc.ny.gov/state-agencies/audits/2020/10/15/compliance-executive-order-88-energy-efficiency-state-buildings-followDiNapoli: State Agencies Persistently Late with Not-For-Profits Contracts
… by New York State Comptroller Thomas P. DiNapoli found 50 percent of the contracts in 2019 between Not-for-Profit … the Prompt Contracting Law. Of the total contracts, 2,276 (50 percent) were processed after their start or renewal … decisions and commonly requested data. … A report found 50 percent of the contracts in 2019 between NotforProfit …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-agencies-persistently-late-not-profits-contracts