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St. Lawrence County Industrial Development Agency – Project Approval and Monitoring (2021M-151)
… report - pdf ] Audit Objective Determine whether the St. Lawrence County Industrial Development Agency (SLCIDA) … Determine whether the St Lawrence County Industrial Development Agency SLCIDA Board …
https://www.osc.ny.gov/local-government/audits/county/2021/12/22/st-lawrence-county-industrial-development-agency-project-approval-and-monitoringBrighton Memorial Library – Board Oversight (2015M-116)
… 1, 2014 through February 28, 2015. Background The Brighton Memorial Library is a municipal library located in the Town … Brighton Memorial Library Board Oversight 2015M116 …
https://www.osc.ny.gov/local-government/audits/library/2015/08/28/brighton-memorial-library-board-oversight-2015m-116Opinion 90-22
… the municipality may retain a reasonable administrative fee. Opn Nos. 81-27 and 79-754 are superseded. We are in … that a municipality may apply a reasonable administrative fee against the interest earned to compensate itself for the … a municipality would not be entitled to an administrative fee for its services, we now believe that there is no reason …
https://www.osc.ny.gov/legal-opinions/opinion-90-22Chautauqua County – Investments and Payroll (2016M-147)
… The objectives of our audit were to review the County’s investment program and salaries and fringe benefit payments … invest funds in accordance with the County’s adopted investment policy or General Municipal Law (GML). Not all … Key Recommendations Provide adequate oversight of the investment program to ensure that all investments are made in …
https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147City of Olean Housing Authority – Board Oversight (2016M-93)
… The Authority does not have a written agreement with the brokerage firm that assists the Director in managing the … investments. Enter into a written agreement with the brokerage firm specifying, among other things, the services …
https://www.osc.ny.gov/local-government/audits/city/2016/07/29/city-olean-housing-authority-board-oversight-2016m-93NYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State … upswing in the markets to close out 2019 boosted the Fund’s returns in its third quarter,” DiNapoli said. … The NYS Common Retirement Funds Fund estimated return in the third quarter of the State …
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
… New York’s Direct Plan is managed by Ascensus Broker Dealer Services, Inc. and investment management services are …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planOpinion 92-52
… LAW, §§1197-e(22), 1197-j: The Water Authority of Great Neck North may not enter into a cooperative agreement for the … You ask whether the Water Authority of Great Neck North may participate in a cooperative plan for the … and municipalities. The Water Authority of Great Neck North ("Authority") was created by title 8-B of article …
https://www.osc.ny.gov/legal-opinions/opinion-92-52Clark Mills Fire District – Controls Over Financial Activities (2014M-315)
… 2014 fiscal year. Key Findings The Board did not adopt an investment policy as required by GML. The District has been using a credit union for the deposit and temporary investment of District funds, which is not authorized by GML. … and 2013 as required by GML. Key Recommendations Adopt an investment policy as required by GML. Deposit and invest …
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
… options. Niagara Falls City School District – Out-of-District Tuition Billing (Niagara County) Tuition billings for district students enrolled in out-of-district programs were not always accurately calculated or … by approximately $44,000. District officials were unable to properly monitor out-of-district tuition billings or …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-auditsOpinion 95-30
… of gifts, grants or bequests in the form of a true trust are subject to the "prudent investor" provisions of … in, or certificates of deposit issued by, a bank or trust company located and authorized to do business in this State. … investments in obligations of the United States of America, obligations guaranteed by agencies of the United …
https://www.osc.ny.gov/legal-opinions/opinion-95-30Investing in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … (as of March 31, 2025) $1.9 billion invested in 600 New York State companies (as of March 31, 2025) Over $650 … (518) 375-8324 Email: [email protected] New York Credit Small Business Investment Company Fund (SBIC) …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… of the evaluation of ESG factors—especially climate change. Additionally, DiNapoli stated there should be no … environmental, social and governance (ESG) issues like climate risk, board oversight and human capital management, …
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
… Fund had a strong first half year, assisted by a surging stock market," DiNapoli said. "However, we remain focused on … pension fund is prudently diversified to smooth out the stock market rollercoaster, and maximize sustainable …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsState 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 … to seeking out profitable investment opportunities for the Retirement System’s members, retirees and beneficiaries." … Private Equity Investment Program . About the Common Retirement Fund New York State Comptroller Thomas P. DiNapoli …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesState Comptroller DiNapoli Releases Municipal Audits
… inaccurate claims to the New York State Consolidated Local Street and Highway Improvement Program that resulted in the … 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-1DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31, 2021, … DiNapoli announced that the New York State Common Retirement Funds estimated overall investment return was 3355 …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyInvestors Renew Call on Exxon to Address Climate Risk
… A coalition of institutional investors, led by New York State … in a lower carbon future," DiNapoli said. "We want to know what Exxon's strategy is for continued profitability as governments around the …
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
… recently appointed CEO and President of the New America Alliance. Hernandez served nearly 15 years with the Fund. … firms, including minority- and women-owned business enterprises that have the potential to diversify our …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… Inc., Peyto Exploration & Development Corp., Texas Pacific Land Corp., and Viper Energy Inc. Eleven coal and …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-program