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DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… supply chain issues are continuing to impact the financial world and we expect a challenging investment environment for …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterClinton-Essex-Warren-Washington Board of Cooperative Education Services – Employee Benefit Plan Forfeited Funds (2022M-31)
… program (DCAP) and health reimbursement arrangement (HRA) in a timely manner. Key Findings BOCES officials did not … returned forfeited funds from the FSA, DCAP and HRA in a timely manner. As of December 31, 2021, the … (97 percent) in forfeited funds from the FSA, DCAP and HRA for the 2014-15 through 2020-21 plan years to BOCES. As a …
https://www.osc.ny.gov/local-government/audits/boces/2022/08/05/clinton-essex-warren-washington-board-cooperative-education-services-employeeDiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… Local sales tax collections in New York state totaled more than $5.5 …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022Oversight of Health and Safety Regulations at Public Pools, Beaches, and Spray Grounds
… To assess the extent that State agencies responsible for operating and regulating public pools, beaches, and … excluded public pools, beaches, and spray grounds located in New York City. The audit covers the period April 1, 2015 … health and safety requirements for all facilities under DOH’s jurisdiction. While DEC and Parks facilities are …
https://www.osc.ny.gov/state-agencies/audits/2017/06/21/oversight-health-and-safety-regulations-public-pools-beaches-and-spray-groundsTown of Rhinebeck – Internal Controls Over Cash Management and Information Technology (2013M-36)
… January 1, 2011, to June 22, 2012. Background The Town of Rhinebeck is located in Dutchess County. The Town is governed … and did not effectively segregate the Town Clerk’s duties. Deposits in the Clerk’s office were not timely or intact. Cash collected totaling …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-rhinebeck-internal-controls-over-cash-management-and-information-technologyTown of Hempstead Sanitary District No. Six – Professional Services and Fuel (2014M-246)
… of Audit The purpose of our audit was to examine the District’s procurement of professional services and … April 30, 2013. Background The Town of Hempstead Sanitary District No. 6 is a special district that provides refuse and …
https://www.osc.ny.gov/local-government/audits/district/2015/01/02/town-hempstead-sanitary-district-no-six-professional-services-and-fuel-2014m-246DiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund … bonds, and mortgages (22.62%), private equity (14.75%), real estate and real assets (13.30%) and credit, absolute return …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … strength of the fund for generations to come.” The Fund's value reflects retirement and death benefits of $4.09 billion paid out during the quarter. Its audited value was $248.5 billion as of March 31, 2023, the end of …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
The New York State Common Retirement Fund has purchased an additional $20 million in Israel bonds offered by Development Corporation for Israel New York State Comptroller Thomas P DiNapoli announced today
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… Our pensioners and members can remain confident that their benefits are safe thanks to our prudent management and long-term … reflects retirement and death benefits of $3.794 billion paid out during the quarter. As of Dec. 31, the Fund had …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterOrange Ulster Board of Cooperative Educational Services – Nonstudent Network User Accounts (2022M-154)
audit boces orange ulster nonstudent network user accounts
https://www.osc.ny.gov/local-government/audits/boces/2023/01/27/orange-ulster-board-cooperative-educational-services-nonstudent-network-userDiNapoli, McGill Announce Arrest of Man Who Allegedly Stole Deceased Mother's Retirement Payments
… Dorothy Case was a New York State employee and resident of Jamaica, Queens, who moved to Maryland to live with her son, … County, Criminal and is due back in court on February 16, 2023. He is charged with three counts of felony theft. … by filing a complaint online at https://www.osc.state.ny.us/investigations , or by mailing a complaint to: Office …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-mcgill-announce-arrest-man-who-allegedly-stole-deceased-mothers-retirement-paymentsOversight of Career and Technical Education Programs in New York State Schools (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Oversight of Career and Technical Education Programs in New York State Schools (Report 2019-S-29 ). About the … Career and technical education (CTE) programs (referred to in the past as vocational, occupational, or practical arts …
https://www.osc.ny.gov/state-agencies/audits/2023/01/18/oversight-career-and-technical-education-programs-new-york-state-schools-followVillage of Coxsackie – Financial Condition and Water and Sewer Fund Accountability (2014M-324)
… by the Village’s water system, as indicated by the master meter readings, with the water billed to the Village’s …
https://www.osc.ny.gov/local-government/audits/village/2015/02/13/village-coxsackie-financial-condition-and-water-and-sewer-fund-accountabilityTown of Cameron – Justice Court and Town Supervisor’s Records and Reports (2015M-17)
… June 19, 2014. Background The Town of Cameron is located in Steuben County and has a population of approximately 945. … the Justice Court. Court records show that nearly $29,000 in fines, fees, surcharges, bail and restitution was …
https://www.osc.ny.gov/local-government/audits/justice-court/2017/11/20/town-cameron-justice-court-and-town-supervisors-records-and-reports-2015mDiNapoli: Former Treasurer Charged in $11,000 Theft of Bolivar Volunteer Fire Department Funds
… the fire department in 2014 and served as treasurer from January through September 2016, when she resigned after her …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-former-treasurer-charged-11000-theft-bolivar-volunteer-fire-department-fundsTown of Geddes - Account Clerk's Salary and Benefits and Cash Disbursements (2019M-56)
… whether the salary and benefits paid to the account clerk (clerk) were accurate and authorized. Determine whether … did not regularly review and approve the clerk’s time records; therefore, she received overtime pay totaling … approve claims. Key Recommendations Continue to work with law enforcement to recover any funds due to the Town. Perform …
https://www.osc.ny.gov/local-government/audits/town/2020/01/17/town-geddes-account-clerks-salary-and-benefits-and-cash-disbursements-2019m-56DiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansExamples from GASB Statement 34 - Sample City Statement of Net Assets Proprietary Funds
… Accounts payable 447,427 304,003 751,430 780,570 Due to other funds 175,000 175,000 1,170,388 Compensated … in the "Totals" column on this statement flows directly to the "Business-type Activities" column on the statement of …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34New York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… of older individuals to Department of Corrections and Community Supervision (DOCCS) prisons for a new offense or … but only 26 in March 2020. Cost of Medical Care Overall health care costs for the state prison system have averaged … in the state prison population. Over the same period, health care costs for each incarcerated individual have …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-rising