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DiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… operating without the contracts they are required to have with their campuses while overseeing and managing billions in … by SUNY in at least 10 years. "We found numerous problems with SUNY's oversight of its campus foundations. SUNY does … State-operated campuses are authorized to contract with foundations, which are private, not-for-profit …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… the Fund) has created a $2 billion strategic partnership with Goldman Sachs Asset Management (GSAM) to invest in a … Additionally, the partnership will provide the Fund with improved analytics and reporting on its portfolio and … Officer of the Fund. “Working closely and creatively with GSAM’s team and their resources will extend the reach of …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical highway and bridge … than three-quarters of this money is siphoned off to pay for borrowing and operating costs of state agencies, leaving fewer dollars for improving our infrastructure,”DiNapoli said. “While the …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… The Metropolitan Transportation Authority (MTA) has made significant progress in repairing and modernizing the regional transit system, but a great deal of work remains … The Metropolitan Transportation Authority has made …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionDiNapoli: Oil Spill Fund Reaches New Agreements With St. Lawrence County
… remediation must occur. "By working hand-in-hand with local government officials, my office can help turn … of these agreements continue to pay long-term dividends for residents of the North Country." The Oil Spill Fund, which is administered by DiNapoli's office in coordination with the …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-oil-spill-fund-reaches-new-agreements-st-lawrence-countyDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same … year and personal income tax collections are falling short of what was expected," DiNapoli said. "Taxpayer anticipation of federal tax changes has contributed to the decline. …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… today by State Comptroller Thomas P. DiNapoli. The report is part of DiNapoli’s fiscal stress initiative which is … are caught in a financial bind and are struggling for a way out,” said DiNapoli. “State and federal aid have … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… A state Office of Mental Health (OMH) contractor hired to provide janitorial … contractor unconscionably cheated disabled employees out of thousands of dollars. OMH needs to take immediate action to make sure … A state Office of Mental Health OMH contractor hired to provide janitorial …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… year, for the past seven years, we’ve been able to lower pension contribution rates or essentially keep them flat,” … management and a diverse portfolio we have kept the state pension fund strong and one of the best funded in the nation. … the preparation of their budgets. Projections of required contributions vary by employer depending on factors such as …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … in FY 2023. The gaps reflect the cost of wage increases for the municipal work force, higher costs for debt service … The New York City Mayors preliminary executive budget for FY 2020 is balanced but there are risks including …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingPension Fund Makes Progress on Board Diversity
… identity, among other factors, in its considerations when seeking diverse board candidates. GoPro agreed to amend its … in our portfolio to adopt more inclusive practices in seeking board candidates." GoPro's Nominating and Governance … identity among other factors in its considerations when seeking diverse board candidates …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityState Agencies Bulletin No. 2271
… Purpose: The purpose of this bulletin is to inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an employer-provided vehicle and chauffeur … The purpose of this bulletin is to inform agencies of the procedures and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2271-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… Beach, 49% identified as white, 19% as Hispanic, 15% as Black and 13% as Asian. Immigrants made up 49.8% of the …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… relatively small, according to preliminary data filed with the office of State Comptroller Thomas P. DiNapoli. As … cap, this year’s limit seems to have left some districts with limited options. As school budget planning continues … to the lesser of the rate of inflation or 2 percent with certain exceptions, including a provision that allows …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year
… totaled $54.6 billion through the first six months of State Fiscal Year (SFY) 2024-25, $682.1 million higher than the state Division of the Budget (DOB) estimates in the First Quarterly Update … expansion is expected to continue through the remainder of the year, risks including global unrest, labor market …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… audit found inadequate planning, monitoring and assessment of risks and challenges in the PSC’s efforts to help the … renewable energy, but we found better planning, monitoring of progress and timely assessment of risks by PSC is needed to achieve our ambitious clean …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsPhysical and Financial Conditions at Selected Mitchell-Lama Developments
… determine whether Mitchell-Lama developments supervised by the New York City Department of Housing Preservation and Development are being maintained in a manner that … determine whether MitchellLama developments supervised by the New York City Department of Housing Preservation and …
https://www.osc.ny.gov/state-agencies/audits/2024/09/30/physical-and-financial-conditions-selected-mitchell-lama-developmentsMontrose Fire District – Claims Auditing (2025M-53)
… Objective Did the Montrose Fire District (District) Board of Commissioners (Board) properly audit claims? Audit Period … the Audit Area The claims audit is often the last line of defense for preventing unauthorized, improper or … to ensure sales taxes are not paid going forward. 42 out of 60 credit card claims (70 percent) totaling $5,117 without …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/17/montrose-fire-district-claims-auditing-2025m-53DiNapoli: Former Durhamville Fire Department Treasurer Sentenced to Prison for Theft of Over $92K
… warning to anyone tempted to abuse their position of trust for their own financial gain. We will find you and you will … Carville said, “Stealing from our volunteer service is a reprehensible act which is wholly unacceptable and … confidence in the institutions that serve our communities. I commend the State Comptroller’s Office and the Oneida …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-former-durhamville-fire-department-treasurer-sentenced-prison-theft-over-92kVertus Charter School – Information Technology Asset Management (2025M-9)
… information, such as an asset’s serial number, make and model, location, employee assigned, acquisition date, cost … Constitution and the State Comptroller’s authority as set forth in Section 2854 of the New York State Education …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/06/27/vertus-charter-school-information-technology-asset-management-2025m-9