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Overview – XI. Procurement and Contract Management
… in terms of intrinsic value. Intrinsic value measures an asset based on qualities in addition to its useful purpose, … in the Statewide Vendor File and have a valid Vendor ID. In addition, they must be registered in the New York State Customer File and assigned a Customer ID. It is the responsibility of the State agency to initiate …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi7-overviewState Comptroller DiNapoli Statement on New York City Financial Plan
… "New York City’s November 2021 Financial Plan modification … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data … New York Citys November 2021 Financial Plan modification …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-planDiNapoli: NYC Area Is Country's Second Largest Market for Venture Capital
… at more than $50 million drove growth nationally. “As the financial capital of the country, New York City is a natural … levels in 2022 and 2023 from a record high in 2021, VC investment again spiked in late 2024. In the first quarter of … a tiered gains-exclusions schedule and raising the tax-free cap to $15 million. The bill also reverses the …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-nyc-area-countrys-second-largest-market-venture-capitalDiNapoli: Audit Finds Poor Financial Management by Central New York Regional Market Authority Board
… seriously and are working on a corrective action plan,” DiNapoli said. The Syracuse-based public authority … a thorough analysis of needed renovations, including a roof replacement. It also lacked a business plan for securing … the building is currently unrentable because of its bad roof and damage from vandalism. The authority is paying …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-audit-finds-poor-financial-management-central-new-york-regional-market-authority-boardDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… Employer contribution rates for the state's pension system in State Fiscal Year … "Solid investment returns help keep contribution rates stable and that provides predictability for employers … the PFRS will remain at 23.5 percent of payroll. Employer rates for the New York State and Local Retirement System …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020DiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year
… through September 2023, primarily driven by the Personal Income Tax (PIT) according to the monthly State Cash Report released by New York State … weather could negatively impact the economy.” Personal income tax (PIT) receipts totaled $28.9 billion and were …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearFacilitated Programs to Assist Small Businesses
… To determine whether the New York City Department of Small Business Services (SBS) provided available services under … SBS contracts with outside entities known as Industrial Business Service Providers (Industrial Providers) and Business Solutions Centers to support these programs and …
https://www.osc.ny.gov/state-agencies/audits/2026/04/10/facilitated-programs-assist-small-businessesNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 … annual investment return. About the New York State Common Retirement Fund The New York State Common Retirement Fund is … The New York State Common Retirement Funds Fund estimated return in the third quarter …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… through the quarter ending in June 2022, according to the monthly State Cash Report released by New York State … short- and long-term for our state’s finances.” Personal income tax (PIT) receipts totaled $14.5 billion, $128.4 … in SFY 2022-23, reflecting, in part, the impact of slower income growth and financial market volatility in 2022 on …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterAnnual Assessment of Market Orders for 2015 and 2016 (2018-S-44)
To determine whether the Department of Agriculture and Markets (Department) had adequate procedures in place during the audit period to accurately report its...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18s44.pdfDiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
… U.S., has committed to using only sustainably-sourced palm oil that is grown and harvested in ways that do not … Retirement Fund (Fund) has withdrawn its sustainable palm oil shareholder proposal , which it co-filed with Green … Management. “ConAgra’s commitment to sustainable palm oil helps enhance the company’s long-term value,” DiNapoli …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilDiNapoli Announces Scheduled Sale of $543 Million State of New York General Obligation Bonds
… Comptroller Thomas P. DiNapoli today announced the details of the negotiated sale of tax-exempt and taxable New York state General Obligation … the state expects to sell $83.4 million or more of Series 2023C bonds to refund a portion of certain … Comptroller Thomas P DiNapoli today announced the details of the negotiated sale of taxexempt and taxable New York …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-scheduled-sale-543-million-state-new-york-general-obligation-bondsDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… New York State Comptroller Thomas P. DiNapoli released the following statement in support of a shareholder proposal presented at Ralph … Lauren’s annual shareholders meeting in Manhattan today. The proposal, filed by the AFL-CIO, urges the clothing maker … New York State Comptroller Thomas P DiNapoli released the following statement in support of a shareholder proposal …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… the final report, which can be found at: http://osc.state.ny.us/audits/allaudits/093017/16s5.pdf To read a report … of the supportive housing program, visit: http://osc.state.ny.us/reports/housing/omh-supportive-housing.pdf For access … paid by the state Office of Mental Health to an Altamont NY company that serves as a supportive housing provider for …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… due to the pandemic. It provides low-interest loans for payroll and other qualified expenses, such as rent … funding through April 11, 2021, indicates $755 billion in loans have been approved for 9.6 million borrowers across the … country. Detailed data are available for $679 billion in loans made through the end of February. Below are the key …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021Fund's Mission, Values and Investment Philosophy
… We consider environmental, social and governance factors in our investment process because they can influence both … We consider environmental, social and governance factors in our investment process because they can influence both … Competitive Advantages We believe that our long-time horizon should allow us to capture a premium by increasing …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… Thomas P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would … fires or floods or take steps to benefit the communities in which they operate, put their profits, reputations and … misguided attempt to politicize investment decisions.” In December 2021, DiNapoli wrote in support of a rule …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionState Tax Collections Rose $4.9 Billion in Fiscal Year 2017-18
… billion, or 6.6 percent above the previous year, according to the state cash report released today by State Comptroller … line," DiNapoli said. "The state's economy continues to expand, but recent financial market volatility is a … of the fiscal year before spiking in December, largely due to estimated personal income tax payments. Tax collections …
https://www.osc.ny.gov/press/releases/2018/04/state-tax-collections-rose-49-billion-fiscal-year-2017-18DiNapoli: State Pension Fund Valued at $291.4 Billion at End of Second Quarter
… estate and real assets (14.1%) and credit, absolute return strategies and opportunistic alternatives (8.6%). The Fund’s …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-state-pension-fund-valued-291-point-4-billion-end-second-quarterSmall Businesses and the Economic Recovery: Work in Progress
… began collecting and reporting data through the Small Business Pulse Survey , New York’s small businesses have … experiencing a negative effect from the pandemic at rates that exceed the national average, as shown in Figure 1. … to support small businesses that do not qualify for relief under the federal SSBCI or other business assistance …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progress