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Governor Cuomo and Comptroller DiNapoli Appoint First-Ever Decarbonization Advisory Panel
… by the Governor during his 2018 State of the State address in January. The panel will advise the Comptroller, as trustee … New York will continue to take bold action to invest in the use of renewable resources, support the growth of … on how best to decarbonize the pension fund in a way that will secure retirement for hardworking New …
https://www.osc.ny.gov/press/releases/2018/03/governor-cuomo-and-comptroller-dinapoli-appoint-first-ever-decarbonization-advisory-panelNYS Pension Fund Commits $2 Billion to Climate Transition Index
… State Common Retirement Fund (Fund) will invest $2 billion in an index focused on reducing the risks of climate change … is part of the Comptroller's Climate Action Plan announced in 2019 and his goal for the Fund of net-zero greenhouse gas … Russell's Russell 1000 TPI Climate Transition Index (CTI) in connection with the Fund’s Sustainable Investment & …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… to pre-pandemic levels of revenue after record profits in 2020 and 2021, according to State Comptroller Thomas P. … of record profits helped stabilize New York’s economy in difficult times,” DiNapoli said. “Since then the industry … with pre-pandemic levels. But these are volatile times in America and globally, and Wall Street’s relatively stable …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli: New York on Better Financial Footing
… New York state is in a stronger financial position, reflecting better budgeting … that the state’s fiscal condition is the best it has been in years. Still, some budgetary challenges persist," DiNapoli … gaps to manageable levels, but efforts to keep spending in line with revenues must continue along with addressing our …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-better-financial-footingDiNapoli: Audit Recommends Additional Steps to Reduce Student Absenteeism
… DiNapoli identified issues that could hinder SED's efforts in this area. "Students who frequently miss school are often … But given how vital it is for our children to be in school and learning, I urge the department to do even more … as missing at least 10 percent of enrolled school days in a year for any reason – excused or unexcused. SED figures …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-audit-recommends-additional-steps-reduce-student-absenteeismDiNapoli Releases Report on Municipalities Close to Exceeding Tax Limits
… The number of cities, counties and villages in New York that are close to reaching their Constitutional … amount of real property tax a local government can raise in a single year. In 2012, only seven municipalities had used 80 percent or … The number of cities counties and villages in New York that are close to reaching their Constitutional …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsMany New Yorkers Struggle to Pay for Housing
… 1.4 million households paid half or more of their income in 2017 towards housing costs. “The high cost of housing can … when it consumes less than 30 percent of household income. In 2017, New York ranked third highest among states in the nation for both the percentage of renters, 26.6 …
https://www.osc.ny.gov/press/releases/2019/06/many-new-yorkers-struggle-pay-housingDiNapoli Audit Finds Amsterdam's Finances Hampered by Poor Record Keeping
… Officials in the city of Amsterdam are unable to properly assess and … Amsterdam’s unreserved fund balance fell from $3.4 million in 2007 to $620,000 in 2011, a decrease of 81 percent. The city’s short-term … Officials in the city of Amsterdam are unable to properly assess and …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-audit-finds-amsterdams-finances-hampered-poor-record-keepingState Agencies Bulletin No. 2279
… NYS Assembly Payroll Offices of OSC’s automatic processing in Pay Period 20C and to explain those areas for which the … of each Member of the Legislature are to be paid in 26 biweekly installments. For this reason, Legislative … Members are not eligible to receive the final paycheck in that calendar year. Paychecks for Administration Pay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2279-impact-27-pay-periods-calendar-year-2024-nys-legislative-membersDiNapoli: Former Vernon Center Fire Department Treasurer Sentenced to Prison for Theft of Over $300,000
… Fire Department, was sentenced to serve one to three years in state prison and ordered to pay full restitution for … James announced today. Rose pled guilty to the sole count in the indictment, grand larceny in the second degree, in August. “Instead of serving his …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-former-vernon-center-fire-department-treasurer-sentenced-prison-theft-over-300000Opinion 91-56
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC AUTHORITIES -- Termination … AUTHORITIES LAW, §2828: The term "liabilities", as used in Public Authorities Law, §2828, includes bonds, notes and, … You ask whether the term "liabilities", as used in section 2828 of the Public Authorities Law relative to …
https://www.osc.ny.gov/legal-opinions/opinion-91-56DiNapoli Releases Year-End State Cash Report
… State tax collections totaled $74.4 billion in State Fiscal Year (SFY) 2016-17, a decline of $300.1 … the latest projections released with the Executive Budget in February, primarily due to lower than anticipated business tax collections in March. "While personal income tax and consumption tax …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-releases-year-end-state-cash-reportDiNapoli: Former Marbletown Fire Chief Sentenced for $101K Theft From the Department
… Fire Department, was sentenced to four months of weekends in the Wayne County Jail and five years of probation for … He was also ordered to pay a total of $101,394.50 in restitution. “William Storrs abused the trust of the … was sworn to serve and protect by stealing over $100,000 in fire department funds for his own profit,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-former-marbletown-fire-chief-sentenced-101k-theft-departmentDiNapoli: Binghamton Woman Charged With Stealing Deceased Father-in-Law's Pension Payments
… Joy LaBarr, was charged with stealing nearly $32,000 in New York State pension payments intended for her deceased father-in-law, State Comptroller Thomas P. DiNapoli and Broome … “The defendant allegedly took advantage of her father-in-law’s death to personally profit, buying clothing, making …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-binghamton-woman-charged-stealing-deceased-father-laws-pension-paymentsState Agencies Bulletin No. 1995.3
… establishing a temporary overtime rate for employees in certain titles represented by PEF or CSEA working at a DOH facility. Affected Employees Employees in certain Operational Services Unit (BU03), Institutional … 2.5 times the employee’s regular rate of pay for employees in certain titles. The new overtime rate applies to all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19953-pilot-program-establishing-temporary-overtime-rate-employees-certainDiNapoli: State Tax Receipts and Spending Outpace Division of Budget's Projections Through December
… (SFY) 2025-26, $2.3 billion higher than estimates released in the Division of Budget’s (DOB) Mid-Year Update to the … “The state enters the final quarter of the fiscal year in good financial condition,” DiNapoli said. “However, … cuts necessitate a continued bolstering of reserves in order to protect the services New Yorkers rely on.” …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-state-tax-receipts-and-spending-outpace-division-budgets-projections-through-decemberXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… delivery method, for capital projects 2 located in New York State related to physical infrastructure … by a procurement record that documents the approach taken in the procurement process and describes why one of the … OSC’s support before significant effort is expended in pursuing an alternative delivery method, authorized state …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-actDiNapoli: State Needs to Improve Services for Vulnerable Adults
… cases properly, putting at-risk New Yorkers potentially in harm’s way, according to an audit released today by … a better job.” Elder abuse is a problem nationwide, with 1 in 10 older adults subject to physical or psychological … month OCFS receives an average of 2,500 referrals for help in New York City and 1,800 in the rest of the state. …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-state-needs-improve-services-vulnerable-adultsDiNapoli: Former Town Supervisor Sentenced to Prison for Embezzlement
… Dennis Brown was sentenced to serve one to three years in a state prison. In June, Brown pleaded guilty to stealing $240,000 in public funds after his thefts were revealed through a … Dennis Brown was sentenced to serve one to three years in a state prison …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-former-town-supervisor-sentenced-prison-embezzlementState Agencies Bulletin No. 1995.2
… establishing a temporary overtime rate for employees in certain titles represented by PEF or CSEA working at a DOH facility. Affected Employees Employees in certain Operational Services Unit (BU03), Institutional … 2.5 times the employee’s regular rate of pay for employees in certain titles. The new overtime rate applies to all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19952-pilot-program-establishing-temporary-overtime-rate-employees-certain