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NYS Common Retirement Fund Announces Second Quarter Results
… quarter of state fiscal year 2016-2017 was 3.51 percent for the three-month period ending Sept. 30, 2016, with an … solid quarter,” DiNapoli said. “Our long-term perspective and our diversified portfolio continue to cushion the Fund … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Thousands of Young Children With Disabilities Not Receiving Early Intervention Services
… tasks, and objectives on municipal workplans for improving public awareness and outreach. Take steps to understand …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-thousands-young-children-disabilities-not-receiving-early-intervention-servicesOpinion 89-45
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … LOCAL LAWS -- Compensation (fixed amount plus hourly rate for attorney employed as counsel to zoning board of appeals) … to assist the zoning board of appeals (24 Opns St Comp, 1968, p 109; 19 Opns St Comp, 1963, pps 108 and 182). …
https://www.osc.ny.gov/legal-opinions/opinion-89-45DiNapoli: Livingston County Woman Arrested for Theft of Deceased Mother's Pension Payments
… 2020. “Ms. Chatley allegedly concealed her mother’s death to steal tens of thousands of dollars she was not entitled to, ” DiNapoli said. “Thanks to my investigative team, the State Police, and District … Police Acting Superintendent Dominick L. Chiumento said, “I commend our State Police members and partners from the …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-livingston-county-woman-arrested-theft-deceased-mothers-pension-paymentsDiNapoli: Majority of Contracts with Not-For-Profit Organizations Still Approved Late
… to ‘float’ the government by taking out loans, furloughing staff, or scaling back services, compromising the quality of …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-majority-contracts-not-profit-organizations-still-approved-lateDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… arising out of his embezzlement of more than $5.6 million from the MVFD. State Comptroller Thomas P. DiNapoli said: … vacation and made $38,658.46 worth of jewelry and cruise purchases within two weeks. KLEIN also used the money he … Dember, Maurene Comey, Michael Maimin, and Lauren Schorr are in charge of the prosecution. Comptroller DiNapoli’s …
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
… In 2016, DiNapoli launched a major review of the state's homeless shelter system. This review encompassed 200 … and vermin. The audit released today examined the state's efforts in addressing pervasive issues. "Auditors found … the 2017 Excellence in Accountability - Special Project Award presented by the National State Auditors Association …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homelessDiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… the forecast released by the Division of the Budget (DOB) in the Amended Executive Budget financial plan at the … The year over year decline was primarily due to a decline in Personal Income Tax (PIT) receipts resulting from a variety of factors including: a decline in year-end bonuses in the financial services industry, …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearXV.11 Journal/Revenue Transfers – XV. End of Year
… To facilitate OSC review of General Ledger Journal Entries … Calendar . Submission of a transaction after this date may not provide OSC sufficient time to conclude its review prior … SFS blackout period. All journal/revenue transfers should have obligation and accounting dates that are no later than …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… coding, the agency must use its own Business Unit code on the voucher header and reference the MSC01 Business Unit on the distribution line of the voucher. Agencies should not use the MSC01 Business Unit on the voucher header for any transactions. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unitDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… (Fund) to fellow Chipotle Mexican Grill Inc. shareholders in advance of the company’s annual meeting on May 18 seeking … have an independent review led by auditors with experience in rooting out discrimination. Failure to assess the risks … they would be conducting such audits. DiNapoli noted: In April 2020, the U.S. Court of Appeals allowed a collective …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: Lack of Oversight Hinders Home Meal Delivery Program for Vulnerable Seniors
… meals that were not delivered. Client Donations Meals are free, but seniors can voluntarily contribute to the program …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-lack-oversight-hinders-home-meal-delivery-program-vulnerable-seniorsDiNapoli: State's Fiscal Picture Has Improved, but Impact of Pandemic Revenue Losses Will Linger
… Division of the Budget (DOB) to produce surpluses of $1.6 billion in SFY 2020-21 and $676 million in SFY 2021-22. DOB … are projected to grow from $902 million in SFY 2022-23 to $6.2 billion in SFY 2024-25. Federal Aid While additional … Relief Fund. Revenues from newly enacted taxes, increased rates of existing taxes, and the elimination of tax credits …
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
… the state average. Auditors found SED lacks sufficient employee resources to monitor CTE programming in the state. …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-sed-oversight-career-training-programs-falling-shortTechnology Transfer Program and Royalty Payments
… Objective To determine if the Research Foundation for the State … York (Research Foundation) has taken the appropriate steps to protect the State University of New York’s (SUNY) interest … Downstate’s failure to reinvest royalty proceeds may have hindered implementation of SUNY’s policy of encouraging …
https://www.osc.ny.gov/state-agencies/audits/2020/01/17/technology-transfer-program-and-royalty-paymentsState Comptroller DiNapoli Releases State Audits
… (Follow-Up) (2016-F-20) An initial audit report issued in May 2015, concluded that, while the Canal Corp. performs … number of them – some over many years, some not at all. In addition, the report concluded a risk existed that critical structures most in need of repair were not given priority. In a follow-up, …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-state-audits-0DiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… ten-year capital strategy totals $83.8 billion through 2025, which is $30 billion (56 percent) larger than the prior … The city assumes that job growth will continue for another five years through 2019, which at ten years would be the … $7.5 billion by FY 2019, an increase of 38 percent over five years, and will account for 13.5 percent of tax revenue …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: As Drug Overdoses Climbed the State Failed to Inspect Residential Drug Treatment Programs
… security and treatment at even greater risk. We can never abandon vulnerable New Yorkers. I expect the agency to take …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-drug-overdoses-climbed-state-failed-inspect-residential-drug-treatment-programsDiNapoli: Chatham Police Chief Sentenced for Pension Double-Dipping
… his unlawful post-retirement public income and for stealing from the village through sham requests for … the public trust by circumventing retirement laws and stealing from village funds,” said State Police … He also pled to official misconduct, a misdemeanor, for stealing $18,607 from the Village of Chatham by falsifying …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-chatham-police-chief-sentenced-pension-double-dippingDiNapoli: State Pension Fund Value $194.3 Billion
… York State and Local Retirement System (NYSLRS) has the funds on hand to provide retirement security to its more than …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billion