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DiNapoli: State Needs to Supercharge Efforts to Meet Renewable Electricity Goals
… of 70% renewable electricity consumption. The analysis is based on projections from the New York Independent System … gigawatts of installed renewable capacity by 2030, which is triple the 2022 capacity of approximately 6.5 gigawatts. … responsiveness and project impacts are mitigated, is critical to achieving the CLCPA goals. The state will also …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-needs-supercharge-efforts-meet-renewable-electricity-goalsDiNapoli: Proposed Congressional Cuts to SNAP Program Mean More New Yorkers Without Enough Food
… and reduce the value of future benefits according to a new report by State Comptroller Thomas P. DiNapoli. The most recent available data show 1 in 8 New York households were food insecure between 2021 and 2023. Almost 3 million New Yorkers relied on SNAP as of March 2025. “The state has …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-proposed-congressional-cuts-snap-program-mean-more-new-yorkers-without-enough-foodDiNapoli Announces New Corporate Agreement to Disclose Political Spending
… Thomas P. DiNapoli today announced that NiSource Inc. (NYSE: NI) has agreed to disclose its corporate political … Thomas P DiNapoli today announced that NiSource Inc NYSE NI has agreed to disclose its corporate political …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-announces-new-corporate-agreement-disclose-political-spendingDiNapoli: Transparency Needed as NYC Moves Forward with Difficult Budget Choices
… choices, it should be transparent over what spending can and cannot be adjusted,” DiNapoli said. “While the city’s … fiscal and operational challenges. The city is limited in where it can make adjustments, and all stakeholders will … benefit if it makes clear what can actually be changed and where cuts are likely to impact them.” Given the size of the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-transparency-needed-nyc-moves-forward-difficult-budget-choicesWhat Not to Report – Legacy Reporting
… Not all items considered taxable by the IRS constitute salary … PFRS (15 percent of regular salary) members Overtime which is paid by private, non-governmental entities Payments made … 125 of the Internal Revenue Code: “…by an employee who is a participant in the New York State and Local Employees’ …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-reportDiNapoli: MTA Needs To Do More To Increase Procurement Efficiencies and Save Money
… since consolidation. DiNapoli’s audit recommended that MTA define the initiatives that are related to its Transformation … It also recommended that Procurement Function clearly define the cost savings and cost avoidance it achieves and … efficiency and savings, and that they are not required to define what savings stem from the Transformation Plan. Audit …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-mta-needs-do-more-increase-procurement-efficiencies-and-save-moneyDiNapoli: Lagging Ridership Leaves MTA With Hard Choices, Must Adjust to Changing Demand
… weekdays than weekends. Commuter rail ridership was at, or near, pre-pandemic levels on weekends in June, but weekday …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-lagging-ridership-leaves-mta-hard-choices-must-adjust-changing-demandDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… protected from the impact of climate change is a top priority.” The Fund engages with portfolio companies … the company agrees to implement the proposal’s request, it is withdrawn by the Fund. Climate Risk Shareholder Proposals … San Francisco Bay Area headquarters, for example, is reportedly vulnerable to extreme weather and rising sea …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli: One of the Nation's Largest Energy Suppliers Agrees to Report on Climate Change Risk
… Comptroller Thomas P. DiNapoli today announced that Duke Energy, one of the largest electric power holding companies … an analysis of the Paris Agreement's goals . "Duke Energy is listening to its shareholders who need to know how … and the fight to combat it, pose significant risks for the energy sector's long-term value, but forward-thinking …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-one-nations-largest-energy-suppliers-agrees-report-climate-change-riskDiNapoli: New York State Pension Fund Helping Build a Lower Carbon Future
… of the market capitalization of the world’s stock exchanges, according to recent reports . The proposal was …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-new-york-state-pension-fund-helping-build-lower-carbon-futureNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… said New York State Comptroller Thomas P. DiNapoli. "I am pleased Exxon has agreed to undertake this important analysis. Climate change is one of the greatest threats to our pension fund's … We will continue to monitor Exxon's response to climate change as we urge the company, and others in the energy …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeOpinion 99-10
… useful life" of energy facilities or equipment subject to an energy performance contract, for purposes of Energy … which the facilities or equipment are reasonably expected to be useful and is not necessarily equated to the period of probable usefulness prescribed in Local …
https://www.osc.ny.gov/legal-opinions/opinion-99-10Failing To Adhere to Policy and Proper Procedures – Travel and Conference Expense Management
… these requirements. Your policy should specifically state what will occur in the case of improper claims for travel and conference expenses, including among other … sufficient to enable the proper audit of the claim for reimbursement. Denial of reimbursement for expenses …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/failing-adhere-policy-and-proper-proceduresDiNapoli: Brooklyn Economy Sets Records
… Employment grew faster in Brooklyn since the end of the recession than in the rest … the fastest-growing and highest paying employment sectors in Brooklyn. Since 2009, employment has grown by 57 percent, … Employment grew faster in Brooklyn since the end of the recession than in the rest …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-brooklyn-economy-sets-recordsDiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… New York State Comptroller Thomas P. DiNapoli released the following statement today in response to the Governor’s 9th Proposal for the 2018 State of the State, … York State Common Retirement Fund is a leader among public pension funds that are investing to build a low carbon …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-stateMitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… management and oversight,” DiNapoli said. “Mitchell Lama is too important a provider of affordable housing to be … developments, with approximately 46,500 apartments, there is potentially a significantly larger amount of fees being … withdraws. If they are rejected, however, the entire fee is to be returned. The audit found that management needed to …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeResponding to an OSC Audit Report: Audit Responses and Corrective Action Plans
… & School Accountability RDU – CAP Submission 110 State Street, 12th Floor Albany, NY 12236 OSC will send you a letter … Government and School Accountability 110 State Street, 12th floor Albany, NY 12236 Tel: (518) 474-4037 Fax: (518) …
https://www.osc.ny.gov/local-government/audits/responding-osc-audit-report-audit-responses-and-corrective-action-plansDiNapoli: New York Must Do More To Reduce Maternal Deaths
… approximately $14 million between 2022 through 2027 to fund 26 Perinatal and Infant Community Health Collaboratives. …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-new-york-must-do-more-reduce-maternal-deathsInvestors Renew Call on Exxon to Address Climate Risk
… filed a similar proposal for consideration at Exxon's 2016 annual meeting. Despite Exxon's unsuccessful attempt to exclude the proposal from a vote at … carbon future," DiNapoli said. "We want to know what Exxon's strategy is for continued profitability as governments …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskDiNapoli: Over One Million New Yorker Households Are Not Connected to Broadband
… of 25/3 Mbps. In 2019, the state ranked second in the country with 98.7% of the population in areas with broadband … Regionally, this varied from a high of 5% in the North Country to a low of 0.4% in New York City. Availability … 31,387 19.3% Mohawk Valley 194,408 35,317 18.2% Central NY 305,678 52,369 17.1% Southern Tier 251,445 41,790 16.6% …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-over-one-million-new-yorker-households-are-not-connected-broadband