Search
Accounts Payable Advisory No. 68
… Operations (GFO), Chapter XII, Section 10.D – Monitoring Moving Service Guidance: This section provides guidance on the requirements agencies must follow when procuring and paying for moving services from the Office of General Services’ … This section provides guidance on the requirements agencies must follow when procuring and paying …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… report – pdf] Audit Objective Determine whether the Town of Watertown Fire District (District) Board of Fire Commissioners (Board) used a competitive process to … most prudent and economical manner in the best interest of taxpayers. District officials did not: Use a competitive …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155Cost-Saving Ideas: Reviewing Your Revenue Collection Process
… revenue collection alternatives, using measures such as: How long does it take to process a tax or fee payment? How … By becoming more efficient, your local government can possibly increase collections, lower processing costs and … service fee to be charged for each transaction. Determine whether your local government will absorb the cost of …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… and the required documentation. Petty Cash (Advance Account Code 59001) The petty cash advance account can be used for the following purposes: Provide … OSC requires Business Units to maintain for all advance account transactions (outlined below), OSC also requires …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesThe Concerning Growth of Hate Crime in New York State
… has seen a concerning surge in reported hate crimes over the last five years, with the number of incidents increasing by 12.7 percent in 2023 alone. As the number of hate crimes has grown, these crimes are … York State has seen a concerning surge in hate crimes over the last five years with the number of incidents increasing …
https://www.osc.ny.gov/reports/concerning-growth-hate-crime-new-york-stateDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… of Anastasia Titarchuk as chief investment officer of the New York State Common Retirement Fund. Titarchuk has served as the Fund’s interim CIO since July 2018. “Anastasia … and talents as a skilled investor are reflected in the success of our state’s pension fund,” DiNapoli said. “She …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundOpinion 2010-2
… Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other things, there … have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. PERSONAL … district with a separately elected board of commissioners is not required to sell vehicles that are no longer needed …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2Management and Control of Overtime Costs (Follow-Up)
… assurance that overtime was used only when it was in the best interest of HHC. Moreover, we found indications that overtime was often used when it was not in the best interest of HHC, as employees responsible for patient care routinely worked excessive overtime shifts …
https://www.osc.ny.gov/state-agencies/audits/2014/12/23/management-and-control-overtime-costs-followMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… District (District) Board and District officials procured natural gas at the most favorable terms and in the best interest of District taxpayers. Key Findings The Board and District officials did not procure natural gas in accordance with New York State General …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91Wayne Central School District – Property Disposal (2021M-161)
… disposals of District property. We examined the District’s disposal of 15 school buses and seven automated external … disposed of the property without exploring alternative disposal methods. As a result, District officials do not have … written policy and detailed procedures for the sale and disposal of District property to ensure that the District …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… and one of the best funded in the nation. The long-term outlook for investors is changing and requires a more …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… strong leadership leaves us with an excellent management team and increased operating efficiencies. She and her team have also been innovators in many areas. Among other … have been an inspiration and an extraordinarily dedicated team of talented and genuinely nice people. There is never a …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated … with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the … market volatility and uncertainty will continue. We manage New York state’s pension fund to withstand tough challenges. …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsNew York State Comptroller Thomas P. DiNapoli Gives Best Wishes For New Year, 01/01/15
… move our state forward. I'm excited about the new year and all that it will bring with it including new relationships, … positive change, which will mean a better New York for us all. I wish all New Yorkers a happy, safe and joy-filled new year of …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115XII.4.F Proper Invoice – XII. Expenditures
… SECTION OVERVIEW AND POLICIES This section provides agencies with guidance regarding a proper invoice. Process and Transaction Preparation: A proper invoice is a written or … or services delivered or rendered*; Amount requested; and Purchase order (PO) number, if applicable, as provided by …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… pension fund to invest in the companies and funds that are best positioned for the low-carbon future,” DiNapoli said. … It has consistently been ranked as one of the best managed and best funded plans in the nation. Find out how your government …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Fast Food Companies Agree to Stronger Supplier Oversight
… investments.” YUM! Brands is one of the world’s largest restaurant companies with nearly 43,000 restaurants in more …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-fast-food-companies-agree-stronger-supplier-oversight2022 Women’s History Month Celebration
… In honor of Womens History Month State Comptroller Thomas P DiNapoli pays …
https://www.osc.ny.gov/events/2022-womens-history-monthContinuity of Operations Planning (Follow-Up)
… emergency management planning efforts in New York State. The Division encourages and supports State agency efforts to develop agency-specific Continuity of … The Guidance incorporates a blend of best practices based on generally accepted continuity methodologies from both the …
https://www.osc.ny.gov/state-agencies/audits/2019/09/11/continuity-operations-planning-follow