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Investing in New York
… 29,500 to over 46,000 (as of March 31, 2024, or when the Fund exited the investment) Over 260 completed investments, returning $1.4 billion for the Fund on $789 million invested (as of March 31, 2024) … with the Community Preservation Corporation (CPC)—a nonprofit mortgage lender—to revitalize New York …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkNYS Common Retirement Fund Reports Third Quarter Results
… of the State Fiscal Year (SFY) 2019-20 was 5.28 percent for the three-month period ending Dec. 31, 2019, with an … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… Savings Program has provided more than $524 million to help parents across the state pay for college this year,” said DiNapoli. “The latest reduction to the Direct Plan’s management fees means that more money will be available to help parents plan ahead for college. As the price of …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planClark Mills Fire District – Controls Over Financial Activities (2014M-315)
… and reported and that District moneys are safeguarded for the period January 1, 2013 through July 31, 2014. … The District’s general fund budget totaled $67,000 for the 2014 fiscal year. Key Findings The Board did not … by GML. The District has been using a credit union for the deposit and temporary investment of District funds, …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/01/09/clark-mills-fire-district-controls-over-financial-activities-2014m-315State Comptroller DiNapoli Releases School District Audits
… As a result, officials did not maximize interest earnings for the district. Auditors determined officials did not … Tuition Billing (Niagara County) Tuition billings for district students enrolled in out-of-district programs … supported. District officials overpaid two charter schools for 36 special education students by approximately $71,000 …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-auditsOpinion 92-52
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC AUTHORITIES -- Municipal Cooperation … the Water Authority of Great Neck North may participate in a cooperative plan for the joint investment of its funds … provides that the powers of the Authority shall be vested in, and exercised by, the board of directors. With regard to …
https://www.osc.ny.gov/legal-opinions/opinion-92-52Opinion 95-30
… and 11-2.3: Moneys held in the custody of the chief fiscal officer or other officer of a public library, whether obtained from public or … to invest "moneys" held in the custody of the chief fiscal officer or other officer of the local government, and not …
https://www.osc.ny.gov/legal-opinions/opinion-95-30Glens Falls Common School District - Cash Management (2019M-177)
… monthly cash flow forecasts that estimate available funds for investment. District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/15/glens-falls-common-school-district-cash-management-2019m-177Moriah Central School District - Cash Management (2019M-65)
… monthly cash flow forecasts that estimate available funds for investment. Ensure idle funds are invested in a manner, …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/moriah-central-school-district-cash-management-2019m-65NYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… New York State Comptroller Thomas P. DiNapoli today wrote to President Biden in support of his planned veto of a … a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee Retirement … of the evaluation of ESG factors—especially climate change. Additionally, DiNapoli stated there should be no …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionNYS Common Retirement Fund Reports Second Quarter Results
… of the State Fiscal Year 2018-2019 was 3.47 percent for the three-month period ending September 30, 2018, with an … focused on recent volatility that tempers our expectations for future returns. Fortunately, the state pension fund is … billion in assets (as of March 31, 2018) held in trust for the retirement security of the more than one million …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… and enjoyed the largest one-year investment return in its history,” DiNapoli said. “This outsized return … Integral to the Fund’s strength have been the state and local governments, which consistently pay their contributions … and real assets (8.24 percent) and credit, absolute return strategies and opportunistic alternatives (5.23 percent). The …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyState Pension Fund Adds $30 Million for Investments in New York Companies
… The New York State Common Retirement Fund has committed an additional $30 million to Primary Venture Partners to invest in state-based … million in returns from 71 exited companies, I am proud of how well the In-State Program is performing. As trustee of …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesState Comptroller DiNapoli Releases Municipal Audits
… town receiving $86,000 more than it was entitled to. Based on the audit and investigation, the former superintendent was … of governmental administration and was sentenced to a conditional discharge and given a $500 fine. Plattekill Public Library – Procurement and …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-municipal-audits-1Village of Greenwich - Cash Management (2019M-230)
… were maximized. Had officials invested available funds in a financial institution with higher available interest …
https://www.osc.ny.gov/local-government/audits/village/2020/04/17/village-greenwich-cash-management-2019m-230Town of Moriah - Cash Management (2019M-169)
… maximized. Had the Supervisor invested available funds in a financial institution with higher available interest … monthly cash flow forecasts that estimate available funds for investment. Ensure available funds are invested in a manner, within legal limits, to maximize interest …
https://www.osc.ny.gov/local-government/audits/town/2019/11/27/town-moriah-cash-management-2019m-169Management of Cash and Investments
… The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation services …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsXIV.3.A Overview – XIV. Special Procedures
… in this section of law. The Comptroller is responsible for the investment of State funds until they are needed to … of high-quality, short-term investments. It allows for separate accounting for individual fund receipts and disbursements AND the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3a-overviewInvestors Renew Call on Exxon to Address Climate Risk
… ExxonMobil to report how its business will be impacted by global efforts to mitigate climate change. The CRF and the … Major asset managers such as BlackRock and State Street Global Advisors have called for improved climate risk … including equities, real estate and alternative investment strategies. The Commissioners' work supports the Church of …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… of perspectives and experiences is an essential asset for institutional investors. I look forward to his … and Sly has already added to our work opening the doors for up-and-coming financial managers,” said Chief investment … Albany, N.Y. Prior to becoming a senior investment officer for the Fund’s Emerging Manager Program in 2020, McClearn …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-director