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Cost-Saving Ideas: Reviewing Your Revenue Collection Process
… Finance Officers Association Recommended Practices: GFOA Best Practice - Use of Lockbox Services [pdf] GFOA Best Practice - Accepting Payment Cards and Selection of Payment Card Service Providers [pdf] GFOA Best Practice - Electronic Payment and Collection Systems …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… procured and monitored transportation contracts in the best interest of taxpayers. Key Findings District officials … contracts were procured and monitored in the best interest of taxpayers. District officials did not: …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentAccounts Payable Advisory No. 68
… the contract vendors to ensure the agency receives the best value for moving services. Each agency is required to complete a streamlined bid process, referred to as a “best and final offer” process, from the list of eligible …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… have assurance that goods and services are acquired at the best price and that purchases are being made in the most prudent and economical manner in the best interest of taxpayers. District officials did not: Use a …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… maintained its status as one of the nation’s strongest and best funded and I know that Anastasia will continue to uphold … instruments and 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/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: State Pension Fund Value $192 Billion
… New York State Comptroller Thomas P. DiNapoli today announced that the …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionOpinion 2010-2
… ( see e.g. Feldman v Miller , 151 AD2d 755, 542 NYS2d 777; 1999 Ops St Comp No. 99-14, supra ; 1993 Ops St Comp No. …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… we have kept the state pension fund strong and one of the best funded in the nation. The long-term outlook for … once again ranked the state pension fund as one of the best funded among public pension plans. Only eight states had … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. Its audited …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredManagement and Control of Overtime Costs (Follow-Up)
… included in our initial audit report, Management and Control of Overtime Costs (Report 2009-N-15). Background … 7, 2012, determined that HHC did not effectively manage and control its overtime costs. As a result, HHC officials … Related Audit/Report of Interest New York City Health and Hospitals Corporation: Management and Control of Overtime …
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)
… natural gas at the most favorable terms and in the best interest of District taxpayers. Key Findings The Board … Municipal Law (GML), at the most favorable terms or in the best interest of District taxpayers. The Board and District … natural gas at the most favorable terms and in the best interest of District taxpayers …
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)
… officials do not have assurance that they received the best value for this property. We noted similar deficiencies … District property to ensure that the District receives the best possible value for its surplus property. District …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… gained significant value and led the nation as one of the best managed public pension funds. Her legacy and dedication … enterprise investment program one of the largest and best in the country. I thank her for her contributions and wish her the best," DiNapoli added. Fuller said: "I will always be …
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-resultsVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… It is in the State’s best interest to use cost effective payment … may be combined with one petty cash check being issued in an amount over $250. Pay for invoices that exceed $250 if … Finance Law. Provide payroll corrections to employees in an amount not to exceed the full amount of their net …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesXII.4.F Proper Invoice – XII. Expenditures
… agencies must reject the invoice. Moreover, it is a best practice to notify the vendor within one business day of … the invoice to the vendor to correct these items, it is a best practice for the agency to notify the vendor within one … necessary information. Other Information: While it is a best practice to reject an invoice within one day of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… poses investment risks, it also creates opportunities for the state pension fund to invest in the companies and funds that are best positioned for the low-carbon future,” DiNapoli said. “The commitments … in climate investing and to strengthen our portfolio for the long-term.” The Fund committed approximately $300 …
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
… and accountability in their supply chains. 2013 - Best Buy and Bed Bath & Beyond agreed to encourage their … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund’s fiscal year ends …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-fast-food-companies-agree-stronger-supplier-oversightDiNapoli: Audit Recommends Improvements in Services for Survivors of Human Trafficking
… The Program is voluntary, however, and many survivors do not use the services available to them, the audit found. … Limited Monitoring and Data Collection OTDA needs to do more to collect and retain data on whether human …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-audit-recommends-improvements-services-survivors-human-traffickingNew York State Comptroller Thomas P. DiNapoli Gives Best Wishes For New Year, 01/01/15
… “New Year's Day is a fresh start and a time to embrace new goals derived from lessons learned over the past year. Across the state from Buffalo to Brooklyn to Babylon and from the Southern Tier to the North Country, …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115Continuity of Operations Planning (Follow-Up)
… our initial audit report, Division of Homeland Security and Emergency Services: Continuity of Operations Planning … ). About the Program The Division of Homeland Security and Emergency Services (Division) is responsible for … efforts in New York State. The Division encourages and supports State agency efforts to develop agency-specific …
https://www.osc.ny.gov/state-agencies/audits/2019/09/11/continuity-operations-planning-follow