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DiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… New York State Comptroller Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS). …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024Examination of Official Station Designation
… the Department properly designated the official station of a Department employee in calendar years 2013 and 2014. … is to be in the best interest of the State and not for the convenience of an employee or to maximize travel … 14 percent and 17 percent of his time, respectively. As a result of the improper designation, the Department paid …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/examination-official-station-designationNYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, 2017, with an estimated value of $197.1 billion, according to New York State Comptroller … to buoy our investments through the opening months of the state fiscal year," DiNapoli said. "As a long term …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Pension Fund Value $206.9 Billion
… March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 … billion. “The New York State Common Retirement Fund’s value rose with help from strong markets through most of the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionProcurement Practices
… contracting practices provide sufficient assurance that funds are spent appropriately, are in the best interest of … of its mission, Buffalo spent nearly $330 million in State funds on procurements between April 2016 and September 2018. … contracting practices provide sufficient assurance that funds …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesNYS Common Retirement Fund Reports First Quarter Results
… and companies recover and adapt to the pandemic,” DiNapoli said. “We continue to seek prudent investments and manage the …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsOffice of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… New York State Comptroller Thomas DiNapoli's Communications … will provide a full response after a thorough review." … New York State Comptroller Thomas DiNapolis Communications …
https://www.osc.ny.gov/press/releases/2016/10/office-state-comptroller-response-report-issued-today-department-financial-servicesCayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
… Determine whether professional services were procured in a manner to ensure the prudent and economical use of public … the procurement of professional services. Seek competition for 28 professional service contracts totaling $1.85 million. … and awarding professional service contracts above a reasonable dollar threshold only after soliciting some form …
https://www.osc.ny.gov/local-government/audits/boces/2019/03/22/cayuga-onondaga-board-cooperative-educational-services-procurement-professionalSelected Aspects of Bus Procurement
… try to replace buses on a 12-year cycle but were unable to do so due to the lack of Capital Program funding. As a result, some buses have been in use for longer than 12 years. Several units …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementThe Concerning Growth of Hate Crime in New York State
… Introduction New York State has seen a concerning surge in reported hate crimes … better reporting and response mechanisms. The State Division of Criminal Justice Services (DCJS) is responsible …
https://www.osc.ny.gov/reports/concerning-growth-hate-crime-new-york-stateCost-Saving Ideas: Reviewing Your Revenue Collection Process
CostSaving Ideas Reviewing Your Revenue Collection Process
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… charges, totaling $1,891, that did not have enough detail to verify that the parts ordered were used for District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentAccounts Payable Advisory No. 68
… procuring and paying for moving services from the Office of General Services’ centralized contracts. The moving … bid, effectively monitoring the move, reviewing the vendor’s invoice, and reviewing certified payroll records. The … claims for payment and associated documentation, and new links to relevant websites. … This section provides …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… policy. As a result, the Board and District officials do not have assurance that goods and services are acquired at the …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… States, with an audited value of $210.5 billion as of March 31, 2019. The Fund holds and invests the assets of the …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionOpinion 2010-2
… of (procedures for selling unneeded vehicles by town water district) WATER DISTRICTS -- Property (sale of unneeded … vehicles) TOWN LAW §§ 198 (8), (12) (a): A town water district with a separately elected board of commissioners is … v Board of Education of the Hewlett-Woodmere Union Free School District , 125 AD2d 534, 509 NYS2d 612, appeal denied …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… rates or essentially keep them flat,” DiNapoli said. “Through solid investment returns, prudent management …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredManagement and Control of Overtime Costs (Follow-Up)
… Purpose To determine the extent of implementation of the three recommendations included in our initial audit …
https://www.osc.ny.gov/state-agencies/audits/2014/12/23/management-and-control-overtime-costs-followMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… procured natural gas at the most favorable terms and in the best interest of District taxpayers. Key Findings The … Board and District officials did not procure natural gas in accordance with New York State General Municipal Law (GML), at the most favorable terms or in the best interest of District taxpayers. The Board and …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91