Search
DiNapoli: Audit Finds Poor Financial Management by Central New York Regional Market Authority Board
… a thorough analysis before spending over $2 million on a warehouse that needs extensive renovations and has been a … intended for capital projects to cover operating costs. Warehouse Purchase Draining Resources: In September 2020, the authority bought a 50,000 square foot warehouse for $2.3 million without a thorough analysis of …
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
… fiscal year with a funded status of 98 percent, according to actuarial calculations. "Solid investment returns help … 31, 2018. Strong returns raised the Fund's funded ratio to 98 percent in SFY 2017-2018, up from 94.5 percent the … the nation's best-funded pension plans in 2018, according to Pew Charitable Trusts. The estimated average contribution …
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
… which was $2 billion, or 1.8%, higher than last year for the same period, primarily due to higher education costs. …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… current estimates for the first quarter, but the economy is sending mixed signals that cloud the state’s fiscal …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterNYS Common Retirement Fund Reports Third Quarter Results
… return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 … quarter. Its audited value as of fiscal year end March 31, 2020, was $194.3 billion. As of Dec. 31, 2020, the Fund had …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsAnnual 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 Announces Scheduled Sale of $543 Million State of New York General Obligation Bonds
… P. DiNapoli today announced the details of the negotiated sale of tax-exempt and taxable New York state General Obligation (GO) bonds scheduled for September 27th and 28th, currently estimated to total … P DiNapoli today announced the details of the negotiated sale of taxexempt and taxable New York state General …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-scheduled-sale-543-million-state-new-york-general-obligation-bondsDiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
… palm oil shareholder proposal , which it co-filed with Green Century Capital Management. “ConAgra’s commitment to … said. “Palm oil is in many of the products we enjoy every day, but too often suppliers produce it in ways that destroy … place in their supply chains,” said Lucia von Reusner of Green Century Capital Management, which co-filed the …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… equities, fixed income, real estate and alternative instruments. …
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
… that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that serves as a supportive … which, in 2014, claimed nearly $7.8 million in expenses to provide 708 beds for program clients in Albany, Dutchess, … York City Department of Health and Mental Hygiene (DOHMH) to individuals who have a serious mental illness, but are …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerFund's Mission, Values and Investment Philosophy
… and maintain fully funded status. Sources of return We believe that asset allocation is the single largest driver of … We consider environmental, social and governance factors in our investment process because they can influence both … sectors, geographies, time horizons, and other factors. We believe that risk should be managed first at the Fund level …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… New York State Enacted Budget for Fiscal Year 2021-22 Last week, New York State leaders adopted a $212 billion budget …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021NYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… funds that are subject to the Employee Retirement Income Security Act to consider environmental, social and governance … be allowed to play political football with the retirement security of millions of hardworking Americans. My thanks to … The Fund is not subject to the Employee Retirement Income Security Act (ERISA) or the Department of Labor’s rules, but …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli: State Pension Fund Valued at $291.4 Billion at End of Second Quarter
… the New York State Common Retirement Fund (Fund) was $291.4 billion at the end of the second quarter of State Fiscal … announced today. Fund investments returned an estimated 4.13% for the quarter and 9.82% for the first six months of … labor market, inflation and uncertain federal policy warn of turbulence ahead. Our diversification strategy, …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-state-pension-fund-valued-291-point-4-billion-end-second-quarterState Tax Collections Rose $4.9 Billion in Fiscal Year 2017-18
… its fiscal year on March 31 with a General Fund balance of $9.4 billion, an increase of $1.7 billion over the prior fiscal year. "Strong personal … receipts from December through March helped boost the end-of-year bottom line," DiNapoli said. "The state's economy …
https://www.osc.ny.gov/press/releases/2018/04/state-tax-collections-rose-49-billion-fiscal-year-2017-18NY State Comptroller DiNapoli Statement on Pew Charitable Trusts Ranking State Pension Fund One of Top in Nation
… equities, fixed income, real estate and alternative instruments. …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-pew-charitable-trusts-ranking-state-pension-fund-one-topSmall Businesses and the Economic Recovery: Work in Progress
… Reporting Negative Effect from COVID-19 Pandemic, New York vs. U.S., May 2020–October 2021 Source: U.S. Census Bureau, … Change in Monthly Average Business Applications, New York vs. U.S., 2006–2021 Source: U.S. Census Bureau, Business …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressReal Property Portfolio
… Objectives To determine whether Empire State Development (ESD) fully and accurately accounted for and reported on its real property holdings and the need to either hold or dispose of … efficient use of loans, grants, tax credits, real estate development, marketing, and other forms of assistance. ESD, …
https://www.osc.ny.gov/state-agencies/audits/2024/08/21/real-property-portfolioNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… III, U.S. Department of State Special Envoy for Northern Ireland Economic Affairs and Bernard McGuire, Managing … a new $50 million commitment to invest in Northern Ireland companies from the New York State Common Retirement … a Washington D.C. based investment manager. “Northern Ireland’s dynamic economy has proven a good investment for …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandSchenectady County – Investment Program (2025M-5)
… funds (monthly average of $112 million) in a money market account at a banking institution. The account … procedures to provide specific actions to take – including how much of the available funds to invest – officials missed an … and liquid County officials did not develop and manage a comprehensive investment program Officials also did not …
https://www.osc.ny.gov/local-government/audits/county/2025/08/08/schenectady-county-investment-program-2025m-5