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The Child Study Center of New York – Compliance With the Reimbursable Cost Manual
… covered expenses reported on CSC’s CFR for the fiscal year ended June 30, 2014. Background CSC, a not-for-profit … must comply with the RCM requirements. For the fiscal year ended June 30, 2014, CSC reported approximately $5.9 … (Programs) it operated. Key Findings For the fiscal year ended June 30, 2014, we identified $127,101 in …
https://www.osc.ny.gov/state-agencies/audits/2017/10/06/child-study-center-new-york-compliance-reimbursable-cost-manualDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan, adding costs to the state budget. “Increased enrollment in Medicaid is one … are removed from Medicaid coverage and make every effort to help people renew their coverage in public and private …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planAudit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract
… ESDC only provided details about Start-Up NY, a tax free incentive program for businesses affiliated with college …
https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contractDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … positive results for the quarter,” DiNapoli said. “Recent economic indicators have shown a resilient U.S. economy, but …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterDiNapoli: Former Assistant Clerk Charged with Stealing Nearly $4,000 from Village of Horseheads
… and the New York State Police. “Ms. Miele allegedly used her position to defraud the Village of Horseheads for her personal gain and altered Village records to cover her theft. My office’s investigation and our partnership with …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-former-assistant-clerk-charged-stealing-nearly-4000-village-horseheadsDutchess Board of Cooperative Educational Services – Electricity Contract Monitoring and Billing (2023M-45)
… – pdf] Audit Objective Determine whether Dutchess Board of Cooperative Educational Services (BOCES) officials … possible cost. Conduct a deliberate and thorough audit of electricity supply and delivery invoices prior to payment. …
https://www.osc.ny.gov/local-government/audits/boces/2023/09/08/dutchess-board-cooperative-educational-services-electricity-contract-monitoring-andDiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… have prepared him to lead its work in guiding our pension fund’s investments.” “It has been a professional … investments for the state’s pension fund,” Peirez said. “My gratitude goes to Comptroller DiNapoli for appointing me … successfully expanded the portfolio and fund’s assets.” “My thanks to Comptroller DiNapoli for entrusting the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeDiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… at the end of the second quarter of the state’s fiscal year. For the three-month period ending Sept. 30, 2022, Fund … return strategies, and opportunistic alternatives (6.23%). The Fund’s long-term expected rate of return is 5.9%. … performance reporting by the Fund in 2009 as part of his on-going efforts to increase accountability and …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterClinton-Essex-Warren-Washington Board of Cooperative Education Services – Employee Benefit Plan Forfeited Funds (2022M-31)
… program (DCAP) and health reimbursement arrangement (HRA) in a timely manner. Key Findings BOCES officials did not … returned forfeited funds from the FSA, DCAP and HRA in a timely manner. As of December 31, 2021, the administrator had not returned $83,068 (97 percent) in forfeited funds from the FSA, DCAP and HRA for the 2014-15 …
https://www.osc.ny.gov/local-government/audits/boces/2022/08/05/clinton-essex-warren-washington-board-cooperative-education-services-employeeDiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… Local sales tax collections in New York state totaled more than $5.5 billion in the second … compared to the same quarter last year, according to a new report issued by State Comptroller Thomas P. DiNapoli. …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022Oversight of Health and Safety Regulations at Public Pools, Beaches, and Spray Grounds
… excluded public pools, beaches, and spray grounds located in New York City. The audit covers the period April 1, 2015 … of Health (DOH) are each responsible for regulating – and in some cases operating – public pools, beaches, and spray … those on the Atlantic Ocean and the Great Lakes and in remote locations such as the Adirondack and Catskill …
https://www.osc.ny.gov/state-agencies/audits/2017/06/21/oversight-health-and-safety-regulations-public-pools-beaches-and-spray-groundsState Comptroller DiNapoli Statement on Signing of New Legislative Package on Gun Control
… New York State Comptroller Thomas P. DiNapoli issued the … statement today regarding Governor Hochul's signing of a new legislative package addressing gun control: "Gun violence …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-statement-signing-new-legislative-package-gun-controlTown of Rhinebeck – Internal Controls Over Cash Management and Information Technology (2013M-36)
… June 22, 2012. Background The Town of Rhinebeck is located in Dutchess County. The Town is governed by an elected Town … effectively segregate the Town Clerk’s duties. Deposits in the Clerk’s office were not timely or intact. Cash … officials. Users on each of the Town’s 15 computers were in the local administrators’ group and could therefore …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-rhinebeck-internal-controls-over-cash-management-and-information-technologyTown of Hempstead Sanitary District No. Six – Professional Services and Fuel (2014M-246)
… professional services and maintenance of fuel inventories for the period January 1, 2012 through April 30, 2013. … of Commissioners. The District’s budgeted appropriations for the 2013 fiscal year were $27,514,724. Key Findings The … policy does not require the use of competitive methods for professional services. District officials paid three …
https://www.osc.ny.gov/local-government/audits/district/2015/01/02/town-hempstead-sanitary-district-no-six-professional-services-and-fuel-2014m-246DiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… been resilient amid rising interest rates, inflation, and global turmoil, but markets have been turbulent. This kind of … The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (21.53%), private equity (14.61%), real estate and real assets (13.39%) and credit, absolute …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
… over the years. The bonds purchased by the fund have a 10-year maturity with a coupon of 5.96%, which equals a spread of +138 basis points versus the 10-Year Treasury at the time of purchase. The state pension fund …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… 2022, Fund investments returned an estimated 4.51%. “The equity markets had some difficult times in 2022, but the Fund … are invested in cash, bonds, and mortgages (22.07%), private equity (14.77%), real estate and real assets (13.43%) … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterOrange Ulster Board of Cooperative Educational Services – Nonstudent Network User Accounts (2022M-154)
… pdf] Audit Objective Determine whether Orange Ulster Board of Cooperative Educational Services (BOCES) officials … and follow up with employees who have not completed the required IT security awareness training. BOCES officials …
https://www.osc.ny.gov/local-government/audits/boces/2023/01/27/orange-ulster-board-cooperative-educational-services-nonstudent-network-userDiNapoli, McGill Announce Arrest of Man Who Allegedly Stole Deceased Mother's Retirement Payments
… Comptroller Thomas P. DiNapoli and Special Agent-in-Charge Michael McGill of the Social Security Administration (SSA) … in payments from the New York State Common Retirement Fund and SSA that were sent to his deceased mother, Elizabeth … SSA payments. He allegedly stole $28,679 from the state pension fund and $24,641 from the SSA. “The allegations in …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-mcgill-announce-arrest-man-who-allegedly-stole-deceased-mothers-retirement-payments