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NYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return … with an estimated value of $182.5 billion, according to New York State Comptroller Thomas P. DiNapoli. "The first … (7.5 percent), real estate (6.4 percent), absolute return strategies (3.6 percent) and opportunistic alternatives and …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
In 1990 the US Congress enacted legislation 1405a of Public Law 101510 amended 31 USC 15511557 which requires all Federal agencies to close fixed year appropriation accounts and cancel any remaining balances by September 30th of the 5th year after the period of availability began
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderDiNapoli: NYC Budget Benefits From Stronger Economy
… in 60 years. The Health and Hospitals Corporation (HHC) and the New York City Housing Authority are still … For example, the city funded $300 million of the HHC’s financial obligations in FY 2013, including debt service on city bonds issued on the HHC’s behalf and the cost of medical malpractice. For a copy …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyState Agencies Bulletin No. 2122
… Purpose The purpose of this bulletin is to inform agencies of the automatic system termination of employees who have not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… line in Queens to the lower level of the existing 63rd Street Tunnel and then to a new LIRR terminal being …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetCUNY Bulletin No. CU-728
… Actions: OSC will provide a spreadsheet to CUNY on or about 01/07/2022 with employees identified with off step … codes, and Increment Code. Questions: Questions about eligibility for the February 2022 PSC $1,000 General …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalSelected Management and Operations Practices
… vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of these programs could be achieved. We also determined … and at the airports” and investing $250 million through 2025 on infrastructure and to raise awareness of the benefits …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesV.3.F Projects – V. Chart of Accounts (COA) Governance
… XIX – Project Costing (PCIP) of this Guide for guidance on establishing, transacting and reporting on projects. Refer to SFS Secure for more information, in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3f-projectsDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… Having no heat or hot water is a hazard that is supposed to be addressed in 24 hours, but … ensure New Yorkers are being helped this fall and winter when they complain that they have no heat or hot water.” City … rises about 30 percent. The audit noted that HPD does not provide tenants with a window of time to be …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredCompliance With Executive Order 95 (Open Data)
… the period between February 15, 2013 and June 26, 2020. About the Program State government entities possess large …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/compliance-executive-order-95-open-dataCVS Health – Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service
… district employees, and their dependents. The Empire Plan is the primary health benefits plan for NYSHIP, covering … revenue to Civil Service. As a result, Civil Service is due $453,029 in rebates. Key Recommendations Remit … all of the Empire Plan’s rebate-eligible drug utilization is invoiced, collected from drug manufacturers, and remitted …
https://www.osc.ny.gov/state-agencies/audits/2020/08/21/cvs-health-accuracy-drug-rebate-revenue-remitted-department-civil-serviceNYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the three-month period ending Dec. 31, … nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… straight quarter of strong investment returns raised the pension fund’s estimated value to a new high,” DiNapoli said. “Our pension fund is strong and well-diversified, but gains are … 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/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOpinion 91-9
… Vol. 1, Statutes, §97; see also Block v Sprague , 285 NY 69; People v Tremaine , 281 NY 1; Pryor v City of Rochester , 166 NY 548). Considering SCCL, §75 as a whole, …
https://www.osc.ny.gov/legal-opinions/opinion-91-9Opinion 95-27
… the provisions of Education Law, §3604(5)(b), as added by chapter 82 of the Laws of 1995, provide a "grace period" … apportionment of State aid to education must be corrected by the Commissioner of Education. Further, whenever a school district has been apportioned less money than that to which it is entitled, the Commissioner may …
https://www.osc.ny.gov/legal-opinions/opinion-95-27DiNapoli: Some NYC Schools Failing to Report Violent, Disruptive Incidents
… to SED include: 50 incidents of assault with a physical injury, for example: At IS 27 in Staten Island, a student … 17 incidents that qualified as assaults with physical injury but were classified as less-serious minor altercations … which should have been listed as an assault with physical injury but was instead reported by DoE to SED as a minor …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-some-nyc-schools-failing-report-violent-disruptive-incidentsOpinion 89-8
… This opinion represents the views of the Office of the State Comptroller at the time it was … by school district in Adirondack Park) GENERAL MUNICIPAL LAW, §6-d; Education Law, §3651: A school district located …
https://www.osc.ny.gov/legal-opinions/opinion-89-8NYS Common Retirement Fund Announces Second Quarter Results
… efforts to increase accountability and transparency. About the New York State Common Retirement Fund The New York …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… offset the revenue loss to the MTA from a reduction in the Payroll Mobility Tax on small businesses. Read the Financial …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… Tax collections for State Fiscal Year (SFY) 2023-24 totaled … the Consensus Economic and Revenue Forecast Report, which estimated $1.35 billion in additional receipts above DOB … Plan projections by $1.6 billion, as receipts from estimated payments and withholding in the final quarter of …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24