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NYS 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 was 4.74% for the three-month period ending Dec. 31, 2021, according to … Dec. 31, 2021, the Fund had 51.38% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsOmnibus Procurement Amendments
… 2019-2020: A.7793 (Titus) / S.5624 (Krueger) – Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information; defining … Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information defining …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-0Implementation of Train Service to Grand Central Madison
… in North America, LIRR reported carrying an average of 200,000 customers each weekday on 947 trains as of August 2024. It operates trains 24 hours a day, 7 days a … hours. LIRR comprises over 126 stations and 700 miles of track on 11 branches. It stretches from Montauk on the …
https://www.osc.ny.gov/state-agencies/audits/2025/06/18/implementation-train-service-grand-central-madisonNew York City Tourism Industry Hit Hard by Pandemic, Visitor Spending Drops by 73%
… before the pandemic, supporting 96,900 local jobs. When a visitor to the city attends a show, they also patronize … an economic forecasting firm, is projecting that visitor spending will return to pre-pandemic levels in five … in this timeframe, making up just over half of total visitor spending. International tourism has risen steadily …
https://www.osc.ny.gov/press/releases/2021/04/new-york-city-tourism-industry-hit-hard-pandemic-visitor-spending-drops-73Rochester Attorney Admits to Unlawfully Receiving Retirement Benefits
… Diane M. Cecero, age 64, of Pittsford, New York, admitted today to unlawfully "double-dipping" and receiving state retirement benefits to which she was not entitled. She … by United States Attorney Grant C. Jaquith and New York State Comptroller Thomas P. DiNapoli. "For the six years Ms. …
https://www.osc.ny.gov/press/releases/2018/04/rochester-attorney-admits-unlawfully-receiving-retirement-benefitsDiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… sales tax collections. Nearly every county in every region of the state saw overall July collections drop year over … Westchester, where its tax rate increase in August of 2019 boosted year-over-year growth. County decreases … downturn in sales tax collections, a major source of revenue. This is going to have a long-lasting effect on …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyDiNapoli: Localities Spending More to Address Climate Change Hazards
… across New York reported $1.34 billion in actual and anticipated spending on capital projects over a 10-year period, with about 55% of the total in response to climate-related hazards such as increased flooding and storm damage, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-localities-spending-more-address-climate-change-hazardsNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… May 13, 2021 Edition Economic Impact Payments in New York Since March 2020, the federal government has enacted … of this, $23.8 billion (or 5.8 percent) was received by New York residents, accounting for 1.6 percent of New … from enacted tax increases and the legalization of online sports betting and recreational marijuana use. These …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021Payroll Improvement Project Bulletin No. PIP-017
… Purpose The purpose of this bulletin is to inform PayServ users who experience … and PS Query users are affected. Background The Office of the State Comptroller is upgrading PayServ to PeopleSoft … user issues related to the change to v 9.2. The list of coordinators will be available on the PayServ v 9.2 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-017-post-production-support-payserv-92Youth Facility Chargeback Rates to Localities (Follow-Up)
… recommendations included in our original report, Youth Facility Chargeback Rates to Localities (2009-S-20). … from localities. We found that OCFS calculates juvenile facility chargeback rates correctly. However, in general, … Interest Office of Children and Family Services: Youth Facility Chargeback Rates to Localities (2009-S-20 ) …
https://www.osc.ny.gov/state-agencies/audits/2014/01/16/youth-facility-chargeback-rates-localities-followDiNapoli: Municipal Spending on Infrastructure Declines While Needs Go Unmet
… New York City, spent $927 million on roads and bridges in 2012, a decrease of $49 million (five percent) from 2010. … by municipalities on roads and bridges. The decline in local government spending on water and sewer systems was significant. In 2012, combined spending was $291 million, which is $69 …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-municipal-spending-infrastructure-declines-while-needs-go-unmetNYS Comptroller DiNapoli and the Fire and Police Pension Association of Colorado Statements on Proposed Settlement of Boeing Lawsuit
… P. DiNapoli and the Fire and Police Pension Association of Colorado (FPPA) issued the following statements today regarding the proposed settlement of their derivative lawsuit against the directors of The Boeing Company. State Comptroller DiNapoli, as trustee …
https://www.osc.ny.gov/press/releases/2021/11/nys-comptroller-dinapoli-and-fire-and-police-pension-association-colorado-statements-proposedState Audit Finds Rochester Transportation Authority Incorrectly Administered Compensation Program
… RGRTA, which provides public transportation services in Rochester and several surrounding counties, has had a … March 31, 2014, RGRTA distributed a total of $1.8 million in bonuses. The incentive program directed $1 million (or 57 … were not linked to specific work they performed. In fact, auditors found that more than 90 percent of the …
https://www.osc.ny.gov/press/releases/2015/02/state-audit-finds-rochester-transportation-authority-incorrectly-administered-compensation-programCounty Inmates Receiving Inappropriate Benefits While Incarcerated (2013MS-1)
… willing, and able to work and have earned sufficient wages in covered employment. Individuals who are incarcerated are … these procedures were not always effective or timely in identifying and discontinuing inappropriate payments. … inappropriate social welfare benefit payments. 351 inmates in these five counties received almost $325,000 in …
https://www.osc.ny.gov/local-government/audits/county/2013/10/04/county-inmates-receiving-inappropriate-benefits-while-incarcerated-2013ms-1DiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… amNewYork on Saturday published an op-ed from New York State Comptroller Thomas P. DiNapoli. The full op-ed is … directing my office to identify ways to enhance New York State residents’ personal finance knowledge and understanding … than people with lower financial know-how. In New York state, during last year’s legislative session, eight bills …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsFacility Oversight and Timeliness of Response to Complaints and Inmate Grievances (Follow-Up)
… Inmate Grievances ( 2017-S-2 ). About the Program The State Commission of Correction (Commission) is responsible … of all 511 correctional facilities throughout the State, including 54 facilities operated by the Department of … inspection of all correctional facilities throughout the State and the timely response to complaints and inmate …
https://www.osc.ny.gov/state-agencies/audits/2019/06/18/facility-oversight-and-timeliness-response-complaints-and-inmate-grievances-followState Agencies Bulletin No. 2050
… established one or more factors. OSC Actions OSC will, in concert with the NYS Office of Information Technology …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2050-multifactor-authentication-new-york-state-payroll-onlineOmnibus Procurement Amendments
… (DeFrancisco) – Relates to participation by state agencies in a system used by the comptroller to compile vendor … Relates to participation by state agencies in a system used by the comptroller to compile vendor …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendmentsProcurement and Contracting Practices (Follow-Up)
… General Services (OGS). ITS and OGS are actively working together to finalize each other's roles in the procurement …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/procurement-and-contracting-practices-followAdministration of Self-Insured Workers’ Compensation Plans
… Authoritys selfinsured agencies administer their workers compensation plans to …
https://www.osc.ny.gov/state-agencies/audits/2020/09/25/administration-self-insured-workers-compensation-plans