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DiNapoli: State Pension Fund Value $206.9 Billion
… March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 … billion. “The New York State Common Retirement Fund’s value rose with help from strong markets through most of the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionXIV.3.A Overview – XIV. Special Procedures
… Law, §98, the State Comptroller shall invest and keep invested all moneys belonging to any and all funds (of the State) in classes and kinds of investments that are identified in … Finance Law 98 the State Comptroller shall invest and keep invested all moneys belonging to any and all funds of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3a-overviewAs Personal Income Tax Checkoffs Increase in Number, Disbursements Lag for Most Funds
Of the 42 states that impose a personal income tax, nearly all allow taxpayers to make charitable contributions through checkoffs on their personal income tax (PIT) returns.
https://www.osc.ny.gov/files/reports/pdf/tax-checkoffs-2024.pdfBurnt Hills-Ballston Lake Central School District – Employee Benefit Plan Forfeited Funds (2023M-88)
audit, school, burnt hills-ballston lake
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/burnt-hills-ballston-lake-central-school-district-2023-88.pdfClinton-Essex-Warren-Washington Board of Cooperative Education Services – Employee Benefit Plan Forfeited Funds (2022M-31)
Determine whether Clinton-Essex-Warren-Washington BOCES officials ensured the third-party administrator returned forfeited funds from the health flexible spending arrangement, dependent care assistance program and health reimbursement arrangement in a timely manner.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/ceww-boces-2022m-31.pdfDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… largest cities (six out of 10) chose to allocate more than 80% of their funds towards general operating expenses to …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli Releases October State Cash Report
… and use both responsibly to maximize the benefits for New Yorkers. Recent improvements in the state’s financial …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportDiNapoli Praises NYC Comptroller Stringer's City Pension Fund Reforms
… New York City Comptroller Scott Stringer is coming out of the gate very strong and doing the right thing for New York City's public pension funds. His multi-faceted plan … a series of reforms over the last seven years at the New York State Common Retirement Fund. Today, the state …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-praises-nyc-comptroller-stringers-city-pension-fund-reformsTitle I Grants to Local Educational Agencies – Federal Funding and New York
… of the federal Department of Education; however, the full dismantling of the Department will require congressional …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/title-i-grants-local-educational-agenciesHoltsville Fire District – Financial Management (2025M-4)
… to use towards the next year’s budget and the expected real property tax levy. Accurate estimates help ensure that … levy increased by $771,762 from 2019 to 2024, meaning that real property taxes may have been higher than necessary. The … were not clear, reserves may have been overfunded and real property tax levies may have been higher than …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/09/19/holtsville-fire-district-financial-management-2025m-4Town of Boylston – Financial Condition (2021M-69)
… the year. Allowed excessive levels of surplus funds to increase. As of December 31, 2020, the general fund’s surplus …
https://www.osc.ny.gov/local-government/audits/town/2021/09/03/town-boylston-financial-condition-2021m-69Town of Saratoga – Budgeting and Fund Balance Management (2022M-82)
… These amounts are excessive and could be used to reduce the TW general fund’s tax levy. Improperly funded … current data and historical trends. Develop a plan to reduce the amounts of surplus fund balance in a manner … benefits Town taxpayers. Ensure transfers are only made to funds with the same tax base. Town officials generally …
https://www.osc.ny.gov/local-government/audits/town/2022/09/02/town-saratoga-budgeting-and-fund-balance-management-2022m-82West Valley Central School District – Financial Management (2013M-178)
… The West Valley Central School District is located in Cattaraugus County. The District is governed by the Board … past four years by more than $3.8 million, which resulted in operating surpluses totaling $1.3 million. Therefore, the majority of the $2.4 million in Board-appropriated unexpended surplus funds was not needed …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/06/west-valley-central-school-district-financial-management-2013m-178DiNapoli Releases February State Cash Report
… State tax collections totaled $67.3 billion through Feb. 28, a decline of $481 million or 0.7 percent … in the latest Financial Plan Update," DiNapoli said. Through 11 months of the fiscal year, All Funds receipts … All Funds spending totaled just under $131.5 billion through the end of February, approximately $3.6 billion, or …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-releases-february-state-cash-reportOpinion 88-73
… or statutory amendments that bear on the issues discussed in the opinion. IMPROVEMENT DISTRICTS -- Reserve Fund … for improvement district) GENERAL MUNICIPAL LAW, §6-c(3)(a); TOWN LAW, §55-a: A town other than a suburban town may … reserve fund for improvement district purposes. This is in reply to your letter asking whether a town of the second …
https://www.osc.ny.gov/legal-opinions/opinion-88-73City of Dunkirk – Community Development Block Grant Management (2012M-146)
… more CDBG funds than properly authorized, spent funds on items that are not eligible under the CDBG program, and … program, including a review of periodic status reports on grant activity. Enter into a written agreement with the … the DLDC’s loan files to ensure adequate documentation is on file prior to providing the DLDC with grant funds for this …
https://www.osc.ny.gov/local-government/audits/city/2012/11/13/city-dunkirk-community-development-block-grant-management-2012m-146NYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … annual investment return. About the New York State Common Retirement Fund The New York State Common Retirement Fund is … The NYS Common Retirement Funds Fund estimated return in the third quarter …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
The New York State Common Retirement Funds Fund overall return in the third quarter of the state fiscal year 2015 was 191 percent for the threemonth period ending December 31 2014 bringing the Funds estimated value to $1817 billion according to New York State Comptroller Thomas DiNapoli
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsReporting of Community-Based Services Under the Transformation Reinvestment Plan (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, Reporting of Community-Based … capacity at its inpatient facilities and provide services in lower-cost, more accessible community-based settings. To … OMH developed the Transformation Reinvestment Plan (Plan) in 2014. The Plan aims to rebalance the agency’s …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/reporting-community-based-services-under-transformation-reinvestment-plan-followSection 8 Housing Choice Vouchers – Federal Funding and New York
… Department of Housing and Urban Development (HUD). HUD’s tenant-based HCV program, the agency’s largest, is the … income. In New York City, this includes all of HUD’s NY Metro Fair Market Rent Area, which encompasses the five … costs may shift to the City. In FY 2025, the City added $440 million to address higher rental assistance volume. As of …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/section-8-housing-choice-vouchers