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NY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… The New York State Common Retirement Fund (Fund) will restrict its … next phase, the Fund will focus on major utilities in the United States — companies that are among the highest emitters of …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investState Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government audits were issued
https://www.osc.ny.gov/press/releases/2024/02/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… op-ed is below: We should be teaching financial literacy in NY's high schools Financial literacy should be taught in all New York schools. When students take a financial … and informed to make important financial decisions in the future that could impact their long-term financial …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Pennsylvania Man Impersonated Deceased Father to Steal His NYS Pension and Social Security Payments
… for stealing over $200,000 of retirement benefits paid to his deceased father. From October 2017 through October … to investigate those who abuse SSA programs. I thank the NYS Comptroller’s office for their work in this investigation … on multiple occasions. When DiNapoli’s office sought to determine whether Ralph Gritman was alive and asked to speak …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-pennsylvania-man-impersonated-deceased-father-steal-his-nys-pension-and-social-securityLehman College – Controls Over Bank Accounts
… 5, 2015. Background CUNY is the largest urban university in the United States, consisting of 24 constituent colleges, … and professional education students. Lehman, located in the Bronx, New York, is one of CUNY’s 11 senior colleges, … active or closed bank accounts, including 14 at Lehman. In addition, Lehman-affiliated entities also had nine …
https://www.osc.ny.gov/state-agencies/audits/2016/04/21/lehman-college-controls-over-bank-accountseBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… the shareholder proposal they filed at eBay Inc. after the company agreed to revise its Governance Guidelines to include … DiNapoli and Trillium filed their proposal, eBay had just one woman on its board, lagged its peers when it came to … and can benefit companies’ bottom lines,” DiNapoli said. “We see far too many corporate boards and workplaces, …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersXI.18.E Public Officers Law – XI. Procurement and Contract Management
… FORMER NYS EMPLOYEES In accordance with Public Officers Law §73(8)(a) (POL 73), former State employees are subject to … whether a vendor is a State employee. Public Officers Law, section 73 (4)(a) states that: [n]o statewide elected … legislative employee or political party chairman or firm or association of which such person is a member, or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18e-public-officers-lawDiNapoli: As Drug Overdoses Climbed the State Failed to Inspect Residential Drug Treatment Programs
… state’s Office of Addiction Services and Supports (OASAS) to inspect and certify that the programs are safe and give … both before and during the COVID pandemic, according to an audit released today by State Comptroller Thomas P. … the lives of many New Yorkers, including those vulnerable to addiction,” said DiNapoli. “Skyrocketing substance abuse …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-drug-overdoses-climbed-state-failed-inspect-residential-drug-treatment-programsIII.9 Provisions for 15 Day Prompt Payment Interest Eligibility – III. Statewide Financial System (SFS)
… refer small businesses to the 15-Day Prompt Payments for Small Businesses section of the Office of the State … ) for more information on interest eligibility requirements, … support such certification through processes identified for the purpose. Any business determined to not meet the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii9-provisions-15-day-prompt-payment-interest-eligibilityComptroller DiNapoli Releases Municipal Audits
… Louisville , Town of Princetown and the Town of Virgil . “In today’s fiscal climate, budget transparency and … an annual audit of the clerk’s records and reports. In addition, the duties related to billings, collections and … not audit and approve any claims during the audit period. In addition, the clerk did not provide the board with an …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-municipal-audits-0New York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… to Department of Corrections and Community Supervision (DOCCS) prisons for a new offense or parole violation, which … released from prisons to parole supervision under DOCCS jurisdiction also rose. The state’s prison population … in 2020 removed all individuals under the age of 18 from DOCCS prisons to facilities operated by the state Office of …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-risingState Comptroller DiNapoli Releases Municipal Audits
… today announced the following local government audits have been issued. Town of Adams – Justice Court Operations … and records is inadequate because it primarily relies on the clerk to perform the review procedures. Also, auditors … Financial Activities (Delaware County) District officials have not established adequate controls to ensure that …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-auditsFare Collection
… tickets can be purchased in either hard copy or electronic form. One-way trips range from $1.50 to $29.25. Tickets can …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/fare-collectionDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… have been shortchanged because the state continues to use money in the Dedicated Highway and Bridge Trust Fund (DHBTF) … “New York is at a crossroads. Far too little of the money set aside to build or repair roads and bridges is being … “It is time for New York to change direction and use the money in the Dedicated Highway and Bridge Trust Fund for …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… Thirty-one school districts statewide were designated in fiscal stress under New York State Comptroller Thomas P. … conditions, even if their fiscal stress scores were low in the early days of the crisis.” The Fiscal Stress … have low liquidity, also known as “weak cash position,” meaning there may not be enough cash on hand to cover …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressConferences — Actual and Necessary Expenses – Travel and Conference Expense Management
… of necessity and the amount of the expense must be no greater than reasonably necessary. The law 6 also provides …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/conferences-actual-and-necessary-expensesOpinion 95-2
… PUBLIC HOUSING LAW, §52; EXECUTIVE LAW, §§818, 819: The amount billed by a cable television company to a municipal housing authority as a "pass through" to the customer of a franchise fee imposed upon the cable company by a city is not a municipal "fee" falling within the exemption of Public …
https://www.osc.ny.gov/legal-opinions/opinion-95-2NYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer today called on the Securities and Exchange …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryYork College – Time and Attendance Practices for Public Safety Staff
… York College had adequate controls over the time and attendance of Public Safety employees to provide reasonable assurance that they worked the hours for which they were compensated. The audit covered the period …
https://www.osc.ny.gov/state-agencies/audits/2015/04/06/york-college-time-and-attendance-practices-public-safety-staffOpinion 95-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. SCHOOL DISTRICTS -- … property in such districts in the same manner as other taxes for the support and maintenance of the schools therein …
https://www.osc.ny.gov/legal-opinions/opinion-95-16