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NYS Common Retirement Fund Reports First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 … swings. We are one of the best funded retirement systems in the nation because we look ahead and manage risk.” The … June 30, 2021, the Fund had 53.68% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… quarter of the State Fiscal Year (SFY) 2021-22 was 1.15% for the three-month period ending Sept. 30, 2021, according … second quarter of the State Fiscal Year SFY 202122 was 115 for the threemonth period ending Sept 30 2021 according to …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… of Hornell Partners for Growth (HPG), pleaded guilty to Grand Larceny in the Fourth Degree for stealing $1,711 in … effort and work of the Comptroller’s office, the NY State Police, and the Steuben County DA’s Office,” said … Division of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthState Comptroller Thomas P. DiNapoli Statement on Gov. Hochul's State of the State Address
… Hochul took over as governor at a time of great challenge in New York state and immediately demonstrated her … stronger-than-expected economic recovery taking place here in New York. Local sales tax receipts continue to improve, … for real, hands-on leadership is crucial at this point in our history to beat back the virus and to safely get us …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-thomas-p-dinapoli-statement-gov-hochuls-state-state-addressDiNapoli: Gaming Commission Slow to Collect Casino Fees
… casinos, especially with its failure to collect millions in oversight fees from casinos, according to a follow-up … Thomas P. DiNapoli. The problems were first identified in an audit DiNapoli released in 2020 that found the commission had not collected $13 …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… “New York City’s $98.6 billion executive budget for FY 2022 and its financial plan for FY 2022–FY 2025 reflect a drastically improved short-term … by increasing baseline spending and using some federal aid for recurring operational costs, particularly for education, …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetDiNapoli: Perry Ambulance Service Manager Charged With Embezzlement
… of a joint investigation by DiNapoli, the Wyoming County Sheriff’s Office and Wyoming County District Attorney Donald … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … Former Town of Perry Ambulance Service Business …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-perry-ambulance-service-manager-charged-embezzlementDiNapoli Releases Report on Local Roads
… year (FY) 2020, a decline of 7% since 2010 when adjusted for inflation, according to a report by New York State … at the same time the Executive is proposing more funding for road repair and improvements. Local governments own 85% … state is expected to receive $13.5 billion over five years for highway and bridge programs through the federal …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2021-22 … Dec. 31, 2021, the Fund had 51.38% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (22.37%), private equity …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… Numbers (CINs) where at least one CIN was enrolled in fee-for-service. The audit covered the period from January 1, … Department of Health (Department) uses two methods to pay for Medicaid services: fee-for-service (FFS) and managed care. Under the FFS method, the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
New York City facing significant uncertainty in its economic and financial outlook should develop a comprehensive plan to lay out its options before resorting to longterm borrowing to fund operations according to a report released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: Former Tax Collector Accused of Pocketing $88,000 for Car Loans, Amazon Purchases, Food and Other Expenses
… Judge Robert Ferris. Colucci is due back in court on March 21st. Colucci allegedly used public money to shop online at …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-former-tax-collector-accused-pocketing-88000-car-loans-amazon-purchases-food-and-otherDiNapoli: Former Bemus Point Clerk Arrested for Theft of Over $60,000
… of Jennifer Jaeger, former Bemus Point village clerk, for the alleged theft of more than $60,000 in village funds. … Additionally, Jaeger used the village bank account to pay for herself and her family’s personal cell phones and car … Jaeger also used a village gasoline credit card to pay for fuel for her personal vehicle. She was employed by the …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-former-bemus-point-clerk-arrested-theft-over-60000Opinion 90-57
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Powers and Duties (need for … within the village, but is not subject to referendum in any area outside the village which contracts to receive … fire protection services from the village fire department. In negotiating the consideration payable to a village under a …
https://www.osc.ny.gov/legal-opinions/opinion-90-57Opinion 91-15
… public benefit to be achieved therefrom ...." ( Bayswater Realty and Capital Corp. v Planning Board of Town of … and the public benefit, as posited in the Bayswater Realty and Kamhi cases, supra . Moreover, the proposed …
https://www.osc.ny.gov/legal-opinions/opinion-91-15Opinion 94-3
… before the improvement is commenced (1979 Opns St Comp No. 79-703, unreported; 23 Opns St Comp, 1967, p 537; Memorandum of the Department of Audit … the formation of special districts (see, e.g., Town Law, §§191, 193, 209-d, 209- e[3]), section 200 does not contain a …
https://www.osc.ny.gov/legal-opinions/opinion-94-3DiNapoli: More State Involvement Needed to Address Local Emergency Medical Services Challenges
… difficulties recruiting qualified staff, and low pay for EMS staff compared to other occupations in health care … total number of local governments reporting expenditures for ambulance or rescue squads has remained relatively steady from 2012 to 2022. Expenditures for these services, however, have been rising, increasing by …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-more-state-involvement-needed-address-local-emergency-medical-services-challengesDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… and investment tool for individuals with disabilities. NY's ABLE program, which launched just over a year ago, … Sen. Kirsten Gillibrand, as well as U.S. Reps. John Katko, Sean Patrick Maloney, Jose Serrano and Yvette D. Clarke. "The … later in life," said Senator Kristen Gillibrand (D-NY) . "Congress should be passing legislation like this to …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesDiNapoli Report Looks at New York's Social Insurance Programs for Unemployed and Injured Workers
… The benefits from four major social insurance programs provide crucial financial support … and how they compare with peer states. “New York’s social insurance programs play a vital role in helping … the UI benefit replaces 42% of the weekly wage of a worker earning a living wage in New York City. By contrast, a …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-report-looks-new-yorks-social-insurance-programs-unemployed-and-injured-workersNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… company. "The utilities sector should pay close attention to AEP's commitment to decarbonize its operations," DiNapoli … of its GHG emissions, taking into consideration the global GHG reduction needs defined by the Paris Climate … real estate and alternative instruments. Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissions