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Upstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… The New York State Common Retirement Fund"™s (Fund) investment in Canandaigua-based ClearMomentum has generated a $450,000 … ClearMomentum is one of hundreds of companies across the state that the Fund invests in through its In-State … The New York State Common Retirement Fund™s Fund investment …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… middle market businesses by supporting strong management teams and providing strategic and financial guidance. We view … with companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesNew Suffolk Common School District - Board Oversight and Local Finance Law (2018M-177)
Determine whether the Board provided adequate oversight of financial operations and whether they and officials complied with Law when using a line of credit
https://www.osc.ny.gov/local-government/audits/school-district/2018/12/14/new-suffolk-common-school-district-board-oversight-and-local-finance-lawNew Hyde Park-Garden City Park Union Free School District - Bank Reconciliations (2018M-80)
… were timely and, with the exception of the payroll account, accurate. The District’s book balance for the payroll bank account did not reflect the true cash balance. The bank … Recommendations The Board should: Ensure that the payroll account balance shown on the District’s books represents the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/20/new-hyde-park-garden-city-park-union-free-school-district-bankNew York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… The state’s prison population declined by half from March 2008 to March … in March 2021. As a percentage of the state’s shrinking prison population, however, the older population has doubled. … March 2021. Thirteen years earlier, just 12% of the then prison population of 62,597 were 50 and over. The share who …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-risingDiNapoli: New York Power Authority’s Installation of Electric Vehicle Chargers Years Behind Schedule
… Authority (NYPA) has failed to install electric vehicle (EV) chargers where they are most needed by New York’s nearly … The state’s plan for increasing the number of public EV charging stations was meant to spur increased use of EVs, … public charging stations, 1.2% of the total and just one charger for every 2,639 electric cars. Nassau County has …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-new-york-power-authoritys-installation-electric-vehicle-chargers-years-behind-scheduleDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… also look at more ways to generate cost efficiencies and build its reserves to secure a smooth recovery and help … than expected. Budget gaps during FY 2024 through FY 2026 will average about $2.7 billion, an amount that has … of services delivered amid changing staffing trends, and build up reserve levels as part of their overall budget …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… it must develop plans to cover budget gaps that start at $2.5 billion in 2025 and grow in the outyears, according … Entering July 2022, transit ridership continued to lag at the low end of MTA’s projections, forcing it to revise … structural budget imbalance is clearer. Gaps are forecast at $2.5 billion in 2025 and 2026 as spending outpaces …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli: New York City Workforce Down Over 19,000, Largest Decline Since Great Recession
… a significant decline to the city’s workforce, and it is particularly troubling that turnover continues to outpace …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-york-city-workforce-down-over-19000-largest-decline-great-recessionDiNapoli: Homeless New Yorkers Relying on CityFHEPS Face Significant Delays for Permanent Housing
… leading to significant delays in finding permanent housing for homeless people and those at risk of homelessness, … to $365 million. The program’s budget is $816 million for FY 2024. The audit reviewed the program from July 2019 … of shelter exits was found to be unreliable. Case files for 57 households identified in exit reports as having left …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-homeless-new-yorkers-relying-cityfheps-face-significant-delays-permanent-housingDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… must take stronger action to meet the state’s clean energy goals, according to an audit released today by New York State … by PSC is needed to achieve our ambitious clean energy goals,” DiNapoli said. “New York has been a leader in its … PSC did not develop a back-up plan if the Climate Act’s goals were not met within prescribed timeframes, except for …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsDiNapoli Announces Sale of $634 Million State of New York General Obligation Bonds
… 2021A Tax-Exempt Bonds to Bank of America Securities, Inc. with a true interest cost bid of 1.181430 percent; Series 2021B Taxable Bonds Bidding Group 1 to Bank of America Securities, Inc. with a true … 1.518702 percent; and Series 2021B Taxable Bonds Bidding Group 2 to Morgan Stanley & Co, LLC with a true interest cost …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-634-million-state-new-york-general-obligation-bondsNew York Farms and Farmland Decrease at a Higher Rate Than Nationally in 2025
… According to data released by the U.S. Department of Agriculture in February 2026, New York lost … – those with sales of less than $100,000, most of which are family owned and operated . Percent Change in U.S. and … percent fewer New York farms and 11 percent less land in farm production than in 2015. The losses experienced in 2025 …
https://www.osc.ny.gov/reports/new-york-farms-and-farmland-decrease-higher-rate-nationally-2025DiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… continue after a new executive order issued by President Trump. “The possible policy changes in Washington could lead … advantages to New Yorkers. On Jan. 20, President Trump issued an executive order titled “Unleashing American …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersDiNapoli: New York Can Do More to Enhance Strategies to Lower Suicide Rate
… across New York aren’t getting the timely data they need to help them prevent suicides, according to an audit released today by State Comptroller Thomas P. … in oversight and data-sharing have left the state unable to measure whether these efforts are reducing suicide deaths, …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-new-york-can-do-more-enhance-strategies-lower-suicide-rateDiNapoli: Gen Z and Young Millennials in New York Struggle With Economic, Affordability Challenges
… decrease in the North Country (8.5%). For 18-year-old high school graduates in New York, over half, 56.7%, pursue higher education, more than 37.3% of high school graduates nationally. People aged 26 to 34 are …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-gen-z-and-young-millennials-new-york-struggle-economic-affordability-challengesDiNapoli Report Looks at New York City Metro Area's Import and Export Economies
… 2023, according to the International Trade Administration (ITA), making up about 5% of the national total. However, ITA does not provide detailed data on imports at the … exported over $106 billion in goods in 2023 according to ITA, second only to the Houston Metropolitan Area and its …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-report-looks-new-york-city-metro-areas-import-and-export-economiesThe Cost of Living in New York City: Housing
New York City has long been regarded as one of the most expensive cities to live in globally, fueled by housing, the largest cost for most households.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2024.pdfThe Securities Industry in New York City, October 2023
The securities industry saw record performance in 2020 and 2021, facilitated by lower borrowing costs and increased liquidity resulting partly from the federal government’s policy response to the pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2024.pdfNew York Local Government and School Cybersecurity: A Cyber Profile
From 2019 through July 31, 2023, DiNapoli’s Local Government and School Accountability division released more than 190 information technology (IT) audits, finding more than 2,400 cybersecurity-related issues. The audits focused on breakdowns or gaps in fundamental cybersecurity components.
https://www.osc.ny.gov/files/local-government/publications/pdf/nys-local-gov-school-cyber-profile.pdf