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Gorham-Middlesex Central School District – Multiyear Planning (2016M-177)
… statutorily allowed transfers between reserve funds to best align funds with long-term needs and/or use the funds to …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/gorham-middlesex-central-school-district-multiyear-planning-2016m-177DiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today outlined the Fund’s stewardship priorities for 2024, including setting expectations related to climate …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… today announced an investment strategy that will raise the New York Common Retirement Fund’s (Fund) commitment to … to $5 billion. The cornerstone of DiNapoli’s plan is the creation of a $2 billion index that will exclude or … to seeing the positive changes this will spur in future company actions.” In addition to the low emission index, …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Fund (Fund) has committed an additional $1.2 billion to its emerging manager program, increasing the total commitment to more than $5 billion. The program is designed to help … the pool of talented investment managers who want to do business with the state pension fund,”said DiNapoli. “The …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programDiNapoli: State Pension Fund Value $210.2 Billion
… March 31, 2019. The Fund closed the year with an estimated value of $210.2 billion, which is subject to change once returns are fully audited. The Fund’s audited value at the end of state fiscal year 2018 was $207.4 billion. “The Fund’s value continued to grow during its 2019 fiscal year and …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionControls and Accountability of Court, Trust and Bail Funds
… of Finance accurately accounts for Court, Trust and Bail funds. This audit covered from January 1, 2011 through March … include bail postings made on behalf of defendants, trust funds from estates controlled by Public Administrators (such … to administer the estates), and other miscellaneous funds. Finance's Court Assets Department is responsible for …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-fundsDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… fiscal year. Employer contribution rates are determined by investment results over a multi-year period along with … in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages … of Interest Review . The review, most recently performed by Kroll LLC, found the Fund “continues to be a leader …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnDiNapoli: State Pension Fund Releases Annual Investment Return
… that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund closed the year valued at $248.5 billion. …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnTown of Hartwick – Financial Condition (2013M-118)
… Purpose of Audit The purpose of our audit was to ensure that the Board properly monitored the Town’s … March 8, 2013. Background The Town of Hartwick is located in Otsego County and has 2,110 residents. The Board comprises … for the lighting district fund. Key Findings The Board did not establish reasonable financial plans for three of its …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… New York State Comptroller Thomas P. DiNapoli today announced that the … performances across asset classes helped drive the state pension fund’s investment returns higher over the past year, …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24Review of Advance Contract Payments
… performance to ensure they expended the advanced funds in accordance with the terms and conditions of the … monitoring to ensure contractors expended advanced funds in accordance with the terms and conditions of the … detailing how these contractors expended the advanced funds they received. As a result, SED did not have assurance …
https://www.osc.ny.gov/state-agencies/audits/2021/09/15/review-advance-contract-paymentsTown of Big Flats – Financial Management (2013M-170)
… of our audit was to review the Town’s financial management for the period January 1, 2010, to May 1, 2013. Background … The Town of Big Flats is located in Chemung County and has a population of approximately 7,700. The Town is … revenues, expenditures, and fund balance available for appropriation. Adopt a fund balance policy governing the …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-big-flats-financial-management-2013m-170Monroe County - Financial Condition (2018M-179)
… $12.4 million in one-time increases that are unlikely to recur. The County relied on $65 million in revenue … $30.85 million in reported general fund interfund advances to cover deficit cash balances in 2017. The County does not have sufficient general fund balance to mitigate significant revenue shortages or unanticipated …
https://www.osc.ny.gov/local-government/audits/county/2018/12/07/monroe-county-financial-condition-2018m-179Town of Parish - Financial Condition and Supervisor's Records (2019M-58)
… condition and received accurate financial reports to help it do so. Key Findings The Board did not adopt structurally … and received accurate financial reports to help it do so …
https://www.osc.ny.gov/local-government/audits/town/2019/05/29/town-parish-financial-condition-and-supervisors-records-2019m-58Town of Hancock – Justice Court Operations (2021M-6)
… tested were properly recorded and deposited intact and in a timely manner. However, monthly accountabilities were not … agreed with our recommendations and indicated they plan to initiate corrective action. … Determine whether the Town …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/05/21/town-hancock-justice-court-operations-2021m-6Plainville Fire District – Board Oversight (2021M-91)
Determine whether the Plainville Fire District District Board of Fire Commissioners Board provided adequate oversight of the Districts financial operations
https://www.osc.ny.gov/local-government/audits/fire-district/2021/10/01/plainville-fire-district-board-oversight-2021m-91NYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund's (Fund) estimated rate of return for the …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsXIV.14.K SUNY and CUNY Senior Colleges Funds and Public Benefit Corporations – XIV. Special Procedures
… by the entities comprising these funds and are included in the government-wide financial statements of the State. Guide to Financial Operations REV. 01/01/2017 … Capital Assets … by the entities comprising these funds and are included in the governmentwide financial statements of the State …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14k-suny-and-cuny-senior-colleges-funds-and-public-benefit-corporationsXVI.3.A Financial Statements – XVI. Financial Reporting
… The basic financial statements report aggregate data for the State, distinguishing between the governmental …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3a-financial-statementsNew York State Financial Reporting
… office issues the annual and monthly State cash basis financial statements. Annual Report 2024 Annual Cash Basis Report on State Funds Prior Fiscal …
https://www.osc.ny.gov/reports/finance