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DiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… against the challenges that lie ahead. The full op-ed is below: In the last 20 years, New York City has had to … now a global pandemic. Looking forward, the only certainty is that the city will face uncertainty in the months and years to come. Predicting the city’s fiscal future is problematic. We still don’t know the shape of the economic …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadManagement of Cash and Investments
… Background The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation … in and around the New York City metropolitan area. The MTA is governed by a Board of Directors, whose 23 members are … seven constituent agencies, each led by a President who is appointed by the Board. The MTA also includes a …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsMarlboro Central School District – District Officials’ Outside Business Activities (2014M-241)
… have private interest in a limited liability company (LLC) that provided report card services to the District. After the LLC discontinued providing services, the Superintendent … to the Board, and the Board approved, a contract with the LLC’s principal owner to provide services similar to what the …
https://www.osc.ny.gov/local-government/audits/school-district/2015/02/06/marlboro-central-school-district-district-officials-outside-businessTravel Advisory No. 2
… Manual an employee’s official station (i.e., usual work location, regardless of where the employee maintains …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/2-taxable-travelOpinion 90-50
… (approval of Department of Transportation contracts to construct municipal highways) HIGHWAY LAW, §10(27); STATE … contracts by the State Department of Transportation to perform municipal highway construction in connection with … and appropriated the necessary funds. This is in reply to your inquiry regarding the legal requirements …
https://www.osc.ny.gov/legal-opinions/opinion-90-50Corporate Governance
… plan, including largely discretionary short term awards and lack of disclosure. Broadcom Inc. 4/20/2026 … pay practices including continued use of significant awards, internal pay inequity and lack of a comprehensive …
https://www.osc.ny.gov/common-retirement-fund/corporate-governanceCollege of Nanoscale Science and Engineering – Network Security Controls
… 18, 2012 through December 19, 2012. Background The College is a global education, research, development and technology … scientists and researchers in nanotechnology. The College is a unit of the University at Albany (the University), one … data. The security of this data and its supporting systems is critical. The New York Office of Cyber Security’s …
https://www.osc.ny.gov/state-agencies/audits/2013/04/25/college-nanoscale-science-and-engineering-network-security-controlsHammondsport Central School District – Multiyear Planning (2024M-54)
… million in fund balance over these three fiscal years that is not needed to finance operations is, in effect, a reservation of fund balance that is not provided for by statute and a circumvention of the 4 …
https://www.osc.ny.gov/local-government/audits/school-district/2024/08/30/hammondsport-central-school-district-multiyear-planning-2024m-54Unified Court System Bulletin No. UCS-274
… bargaining units who meet the eligibility criteria: Union Name BU Court Officers Benevolent Association of Nassau … The report will be sorted by DeptID and then by employee name, in alphabetical order. Fields in the report include EmplID, Employee Record Number, Employee Name, Earn Code, Grade, Salary Plan, Bargaining Unit, Part …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-274-april-2019-increases-location-pay-location-pay-mid-hudson-andDiNapoli Releases Report on 30-Day State Budget Amendments
… reducing General Fund tax receipts by $355 million. The report finds that while overall estimates in the current year … the revised revenue projections may be optimistic, the report found. For a copy of the report visit: Review of the SFY 2015-16 Executive Budget …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli Audit: Next In Line For Mitchell-Lama Apartments Were Skipped
… Applicants who were next in line for coveted Mitchell-Lama apartments were skipped over for people farther down the waiting lists because of lax oversight and poor controls, … Southeast, a 174-unit co-op in Greenwich Village. Next in Line for an Apartment, Skipped Over Over nearly three years — …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-audit-next-line-mitchell-lama-apartments-were-skippedDivorce – State University Police Plan
… an easy-to-complete online DRO template . The template is not required, but because the review process is simplified for submissions using the DRO template, we can … copy of your divorce decree. If you are divorced, it is especially important to review your beneficiary …
https://www.osc.ny.gov/retirement/publications/1823/divorceAccounts Payable Advisory No. 1
… card payments to JPMorgan Chase Bank, N.A. Card Supplier name Short Name Supplier ID Procurement JP Morgan - P CARD JP …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/1-complex-entity-jpmorgan-chase-bank-naMonitoring of Homeless Data
… of this data, has attempted to obtain it through its data warehouse initiative. However, OTDA has acquired permission … outcomes of those services. Pursue a comprehensive data warehouse as stated in the initial goals of the New York State Data Warehouse Environment (NYSHADE) initiative. Survey Local …
https://www.osc.ny.gov/state-agencies/audits/2025/05/20/monitoring-homeless-dataPreston Fire District – Board Oversight (2025M-87)
… providing adequate oversight of the financial activities to help ensure public funds are managed with accountability, … the Board missed an opportunity for the District to realize additional revenues which would benefit District … District officials did not have guidance on when and how to help ensure that they obtained the best value possible …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/03/13/preston-fire-district-board-oversight-2025m-87DiNapoli Expands State Pension Fund's In-State Investment Program
… the third largest public pension fund in the country, is one of the first to offer credit financing through an … Bank and First Niagara Bank. “The state pension fund is helping New York’s growing businesses move to the next … $200 million in debt and mezzanine financing. The program is targeted at New York companies with revenue between $5 …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programDiNapoli: State Pension Fund Posts Strong 11.94% Annual Return, Closes at Record High of $295.4 Billion
… responsible risk management. Reaching a record-high value is a testament to the strength of our investment team and our … New Yorkers.” The Fund’s long-term expected rate of return is 5.9%, the second lowest among major public pension funds … Weaver and Tidwell LLP and required by state regulations, is part of the reforms that DiNapoli fought for when he …
https://www.osc.ny.gov/press/releases/2026/05/dinapoli-state-pension-fund-posts-strong-11-point-94-percent-annual-return-closes-at-record-high-295-point-4-billionDiNapoli Announces State Contract and Payment Actions for August 2015
… to added transparency via his Open Book New York website. Major Contracts Approved Department of Agriculture … SUNY Binghamton. $1.5 million with Kelley Drye and Warren LLP for special counsel for SUNY Polytechnic. New York State … State Legislature – Assembly $24,000 to Hogan Lovells US LLP for legal fees related to the investigation of former …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-state-contract-and-payment-actions-august-2015DiNapoli Announces State Contract and Payment Actions for January 2017
… nearly 1,200 payments valued at nearly $14.4 million due to fraud, waste or other improprieties. As the state's chief … eight days for contract reviews in January and two days to audit payments. DiNapoli releases this monthly notice to provide current information about the number and types of …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-announces-state-contract-and-payment-actions-january-2017DiNapoli Announces State Contract and Payment Actions for June 2015
… contract amendment with Taft Stettinius & Hollister LLP for gaming advisory services for the review of Southern … for WIC infant formula rebate. $31.5 million with KPMG, LLP for Health Care Reform Act performance audits. New York … State Legislature – Assembly $227,000 to Hogan Lovells US LLP to defend the Assembly in pending sexual harassment …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-announces-state-contract-and-payment-actions-june-2015