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Child Care and Development Block Grant – Federal Funding and New York
… to low-income working families. Funds are provided to the state, which then distributes funding to localities. Eligible … second-largest source of federal funding for the City in FY 2025 at $848 million citywide. Nearly 98 percent is … will decline by more than a third from FY 2025 to FY 2026. However, the City will likely incorporate additional …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/child-care-and-development-block-grantDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… New York has been slow when it comes to using some federal relief … funding agreement for CDBG CARES Act funding runs through September 23, 2026, and HCR must expend at least 80% of the … has to spend $96 million by Sept. 2023 — 19 times the amount HCR has spent since it received the funding …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingThe Big Picture – What Every Employer Should Know
… establishes the overall methodology used to make sure we have assets available to pay for those benefits. Sources … the contribution rates each year, which must be approved by the Comptroller. 1 Updated 7/23 Rev. 2/23 … What every employer should know about NYSLRS what it means to …
https://www.osc.ny.gov/retirement/employers/partnership/big-pictureLaFayette Central School District – Reserves (2013M-387)
… financial condition related to the establishment, funding and use of reserves for the period July 1, 2011 … facto reserve funds. The District did not have a plan for funding several of its reserves. In addition, the Board did … Key Recommendations Adopt resolutions when establishing or funding reserves. Take remedial action to ratify the de facto …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/07/lafayette-central-school-district-reserves-2013m-387City of Saratoga Springs – Financial Condition (2012M-201)
… 2011. Background The City of Saratoga Springs is located in Saratoga County and has a population of approximately … audit period, the water fund balance continues to remain in a deficit. As of October 31, 2012, the fiscal year 2012 … with City officials anticipating a small operating deficit in each fund. During the period reviewed, the Council did not …
https://www.osc.ny.gov/local-government/audits/city/2013/02/15/city-saratoga-springs-financial-condition-2012m-201DiNapoli Releases Mid-Year State Cash Report and Review
… and a mid-year report on revenue trends, released today by New York State Comptroller Thomas P. DiNapoli. In spite of … All Funds through the first half of the fiscal year was up by 4.2 percent from a year earlier, or $2.7 billion, …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-releases-mid-year-state-cash-report-and-reviewGorham-Middlesex Central School District – Multiyear Planning (2016M-177)
… was to review the District’s multiyear planning for the period July 1, 2014 through March 23, 2016. Background The … the anticipated use of reserve funds for a five-year period but this plan does not include information related to funding and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/gorham-middlesex-central-school-district-multiyear-planning-2016m-177XIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… of the STIP investment earnings (STIP interest) to participating funds is governed by §98-a of the State … income received on any moneys invested “shall be credited to the fund or funds from which such moneys were invested, … is hereby precluded from crediting interest earnings to funds which: Are funded entirely from the general fund; or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsMonroe County - Financial Condition (2018M-179)
… [read complete report - pdf] Audit Objective Determine whether the Legislature and … $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 …
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)
… Town’s financial condition and received accurate financial reports to help it do so. Key Findings The Board did not … did not provide the Board with accurate financial reports for managing financial condition. Key Recommendations … work to ensure that the accounting records and reports are accurate and complete. Town officials agreed with …
https://www.osc.ny.gov/local-government/audits/town/2019/05/29/town-parish-financial-condition-and-supervisors-records-2019m-58DiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… climate performance including climate transition strategies and plans, greenhouse gas emissions reduction …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesTown of Big Flats – Financial Management (2013M-170)
… a population of approximately 7,700. The Town is governed by a five-member Town Board (Board) consisting of the Town …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-big-flats-financial-management-2013m-170Review of Advance Contract Payments
… Purpose The objective of our examination was to determine whether the New York State Education Department … Therefore, SED did not obtain documentation detailing how these contractors expended the advanced funds they … contract nor did SED know whether the contractors owed a refund of unspent funds to the State. Key Recommendations …
https://www.osc.ny.gov/state-agencies/audits/2021/09/15/review-advance-contract-paymentsState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… said. “Our pension fund has long-supported climate aware strategies, and this expansion of our commitment offers a … “As a long-term investor we are very interested in strategies that manage risk, and there is no question that … and work to avoid environmental damage or harm to the communities in which they operate, are more likely to produce …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureTown of Hartwick – Financial Condition (2013M-118)
… fund or require a monthly report of cash balances by fund which accounts for the balance in the combined …
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 New York State Common Retirement Fund’s investment return was … and real assets (12.77%) and credit, absolute return strategies and opportunistic alternatives (7.52%). The …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24DiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment … and real assets (13.39%) and credit, absolute return strategies and opportunistic alternatives (6.33%). The Fund’s …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… was 9.51% for the state fiscal year that ended March 31, 2022. The return on investments increased the Fund’s value to … been the state and local governments, which consistently pay their contributions. As of March 31, 2022, the Fund had 49.70% of its assets invested in publicly …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnDiNapoli: State Pension Fund Value $210.2 Billion
… fortunately came with more ups than downs, including a swift recovery from December’s significant correction.” …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… funds, real estate and opportunistic strategies. Read more about the emerging manager program . “Leading Edge Investment … and managing partners for the program and gain in sight about the Fund’s operations, investment decisions and monitoring process. About Leading Edge Investment Advisors (LEIA) Based in San …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-program