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NYS Common Retirement Fund Announces Third Quarter Results
… Common Retirement Fund’s (Fund) overall return in the third quarter of the state fiscal year 2015 was 1.91 percent … Fund The New York State Common Retirement Fund is the third largest public pension fund in the United States. The … State Common Retirement Funds Fund overall return in the third quarter of the state fiscal year 2015 was 191 percent …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsVillage of Spencerport – Financial Management (2013M-134)
… Purpose of Audit The purpose of our audit was to review the Village’s financial management … 1, 2011, through April 25, 2013. Background The Village of Spencerport is located in the Town of Ogden in Monroe …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134IV.5.A Operating and Other Transfers – IV. Accounting Codes - Uses and Descriptions
… transfers constitute legally-authorized transfers from a fund receiving revenues to a fund through which disbursements … been made. These transfers are authorized by §4 of the State Finance Law and annual budget bills which specifically …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5a-operating-and-other-transfersCarthage Central School District – Financial Condition (2014M-138)
… policies governing the establishment and use of reserve funds, and the balances in two of the funds are higher than necessary. Key Recommendations Develop … estimates for appropriations and unexpended surplus funds. Develop a plan for the use of excess unexpended …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/01/carthage-central-school-district-financial-condition-2014m-138Town of Carlisle – Fund Balance (2017M-106)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s fund balance … 1, 2016 through February 7, 2017. Background The Town of Carlisle is located in Schoharie County and has a population of approximately 2,000. The Town is governed by an elected …
https://www.osc.ny.gov/local-government/audits/town/2017/11/20/town-carlisle-fund-balance-2017m-106Town of Ellicott – Fiscal Stress (2013M-269)
… the Town’s general town-wide fund’s unexpended surplus funds declined from $169,198 as of January 1, 2010, to a … while the highway part-town fund’s unexpended surplus funds declined from $63,773 to a deficit of $29,228 for the … same period. The general town-wide and highway part-town funds have had operating deficits during the last three …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-ellicott-fiscal-stress-2013m-269Westhampton Beach Union Free School District – Extra-Classroom Activity Funds (2021M-9)
… deposited and used extra-classroom activity (ECA) funds. Key Findings The ECA clubs did not maintain adequate … records. Therefore, we could not determine whether all funds received and disbursed were properly accounted for. … business procedures through participation in handling the funds and operating a successful business, District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2021/04/09/westhampton-beach-union-free-school-district-extra-classroom-activityDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to two investment funds … between $10 million and $1 billion . The In-State Program is the largest and most comprehensive of any home state … Fund has built a portfolio of New York investments that is diversified by geography, stage of investment and …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesIX.12.O Refunds – IX. Federal Grants
… liability related to such refunds can be calculated. Closed Grant Awards Amounts recovered from payees after a federal award has been closed by the federal agency must be returned to the U.S. Treasury, but since the grant records have been closed, a Refund of Appropriation should not be used to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12o-refundsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the … increase in business tax collections (up $266.6 million or 16.5 percent) and federal receipts (up $1.2 billion or 9.2 …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli Releases August State Cash Report
… earlier. These receipts were $272.4 million lower than the latest projections made in August but $110.6 million higher … million). All Funds spending was $850.5 million below the latest projections, and $1.8 billion below initial … than a year earlier, but $178.6 million higher than the latest projection. For a detailed breakdown, go to …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-releases-august-state-cash-reportDiNapoli Releases January State Cash Report
… date tax collections were $167.9 million higher than the latest projections included in the Third Quarter Update to … percent, from a year earlier. Total receipts exceeded the latest projections by $75.1 million, primarily because of … tax collections which were nearly $120 million over the latest projections. This variance was offset by lower than …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-releases-january-state-cash-reportDiNapoli Releases November State Cash Report
… of nearly $45.2 billion were $23.3 million higher than the latest projections included in the mid-year update to the … All Funds spending was $308.7 million lower than the latest projections, and $603.3 million higher than initial … of $7.5 billion, which was $406.2 million higher than the latest projections from the Mid-Year Update and nearly $2.8 …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-releases-november-state-cash-reportMonitoring and Administration of Public Protection Grant Programs (Follow-Up)
… of violent crime – such as aggravated assault, forcible rape, murder, and robbery – in the State, excluding New York … prevent shootings and gun-related deaths. For the contract year ending June 30, 2022, the Division awarded $13.3 million …
https://www.osc.ny.gov/state-agencies/audits/2021/11/16/monitoring-and-administration-public-protection-grant-programs-follow2024 Stewardship Priorities & Proxy Voting Guideline Updates
The New York State Common Retirement Fund’s Corporate Governance Program actively engages with the Fund’s public equity portfolio companies to foster the development of robust governance practices and prudent management of environmental and social factors.
https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/2024-stewardhip-priorities-and-proxy-voting-guideline-updates.pdfVIII.1.E Operating and Appropriated Transfers – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… guidance on: Submitting APJV and GLJE transactions to SFS Obligation and Accounting Dates for Transactions Agency Transactions and Workflow Reporting Obligation and Accounting Dates Transaction Documentation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii1e-operating-and-appropriated-transfersNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… York State Common Retirement Fund is one of the largest public pension funds in the United States, with assets of …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesNiagara Wheatfield Central School District - Niagara Power Coalition and Native American Revenues (2019M-227)
… was maintained in the debt service fund although the funds had not been designated to pay debt. District officials improperly restricted funds in a debt reserve. District officials maintained a … in a special revenue fund. Investigate the source of funds in the debt reserve and, if appropriate, transfer these …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/21/niagara-wheatfield-central-school-district-niagara-power-coalition-andOversight of Smart Schools Bond Act Funds (2019-S-13) 180-Day Response
To determine whether the State Education Department is monitoring the use of Smart Schools Bond Act funds to ensure that school districts have appropriately utilized them for their intended purpose.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19s13-response.pdfFederal funds to New York City: Child Care and Development Block Grant
The Child Care and Development Block Grant (CCDBG) (Assistance Listing Number 93.575) is the primary federal program that provides child care assistance to low-income working families.
https://www.osc.ny.gov/files/reports/pdf/federal-funds-to-nyc-child-care-and-development-block-grant.pdf