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DiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… numerous obstacles going forward that pose risks to its financial performance. To protect the state pension fund, we … the Fund determined 21 failed to show viable transition strategies. The 21 companies are: APA Corp. Apache Corp. … Ltd. Callon Petroleum Co. Centennial Resources Development Inc. Chesapeake Energy Corp. Comstock Resources Inc. …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… York State Common Retirement Fund is one of the largest public pension funds in the United States with assets of …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: Federal Relief Funds Should Have Been Better Targeted to Communities Hardest Hit by COVID-19
… state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-federal-relief-funds-should-have-been-better-targeted-communities-hardest-hit-covid-19DiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… come to a bipartisan agreement on the next installment of federal stimulus legislation. Let’s do it right: The … essential services or tax increases. The economic impact of COVID-19 has produced dramatic drops in government … by $45.8 million from the previous year, including a drop of $35.9 million in Erie County. Already, the state Division …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19DiNapoli: Department of Environmental Conservation’s Operational Spending Declines as Responsibilities Grow
… state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-department-environmental-conservations-operational-spending-declines-responsibilities-growDiNapoli: School District Budget Voter Participation More Than Tripled During COVID-19 Lockdown
… We need to embrace smart actions like this to help New Yorkers engage on issues critical in their communities.” … the 11 defeats in 2020 passed on revote, three (Rensselaer City School District, Riverhead Central School District and … also found that the number of votes cast for Western New York’s budgets grew fastest, quadrupling between the two …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-school-district-budget-voter-participation-more-tripled-during-covid-19-lockdownOpinion 91-12
… or statutory amendments that bear on the issues discussed in the opinion. FIRE COMPANY -- Powers and Duties (retention … Law, §204-a authorizes "fire companies" to engage in certain "fund raising activities" (see also, … §204-a[1][a][1]). The term "fund raising activity" as used in section 204-a means "a method of raising funds to …
https://www.osc.ny.gov/legal-opinions/opinion-91-12Opinion 91-39
… LAW, §150; RETIREMENT AND SOCIAL SECURITY LAW, §212: A village trustee who also serves as a town employee, upon … allowance, subject to the income limitation imposed by Retirement and Social Security Law, §212. If his or her … and then "accepts appointment, is re-elected or takes a new oath of office to the same elective public office from …
https://www.osc.ny.gov/legal-opinions/opinion-91-39Opinion 90-42
… (housing authority) -- Liability for (city tax districts) PUBLIC HOUSING AUTHORITY -- Fees (exemption from filing and … in rem lists) REAL PROPERTY TAX LAW, §1122; CPLR 8021; PUBLIC HOUSING LAW, §52: In a county which maintains an … fee of $15. With respect to a municipal housing authority, Public Housing Law, §52(1) provides that housing authorities …
https://www.osc.ny.gov/legal-opinions/opinion-90-42Opinion 89-51
… that a town, on behalf of a fire protection district, may not make payments to the fire company providing fire …
https://www.osc.ny.gov/legal-opinions/opinion-89-51Opinion 89-10
… section 77-b, "municipality" is defined to include public libraries and a governing board is defined to include the … cash advance may be paid after audit. Therefore, public libraries may provide cash advances in accordance with …
https://www.osc.ny.gov/legal-opinions/opinion-89-10DiNapoli Calls for Reforms to State Fiscal Practices
… lump sum spending, restricting “backdoor spending” by public authorities and imposing a constitutional limit on … to rein in the state’s debt, increase disclosure by public authorities and improve budget practices, further … proposals include: Restrict “backdoor spending” by public authorities and require more comprehensive public …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-calls-reforms-state-fiscal-practicesDiNapoli: Number of New Yorkers Going Hungry Increases Despite Improving Economy
… a new federal food program for low-income families with school-aged children when schools are closed in the summer. … enacted budget also provides a total of $192.3 million for school lunch and breakfast programs, for a year-over-year …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-number-new-yorkers-going-hungry-increases-despite-improving-economyShareholders Cheer Lowe's New Green Energy Initiatives
… its carbon footprint and increasing the energy efficiency of its stores nationwide. The New York State Common … Lowe's also announced it will study the feasibility of procuring renewable energy to power its stores. "Lowe's is … New York State Comptroller Thomas P. DiNapoli, trustee of the Fund. "Climate change poses challenges throughout the …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesThe North Country Is Among the Top Regions in the State for Agricultural Sales
… The critical role farms play in New York cannot be overstated, both as an economic engine … part of our food supply system. This is especially true in the North Country where sales of farm products topped $1.2 billion in 2022, making it the second highest producing region in the …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-north-countryDiNapoli: Agriculture Report Reveals Economic Growth and Challenges Facing New York Farms
… The critical role farms play in New York cannot be overstated, both as an economic engine … $2.7 billion to the state’s gross domestic product in 2022. Access to fresh, healthy food also adds to the quality of life in the state, but this local food supply was put to the test …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-ny-farmsDiNapoli: MTA Needs To Do More To Increase Procurement Efficiencies and Save Money
… independently. Consolidation, efficiency, and savings in this area was promised years ago, but has yet to be fully … Function went into effect Oct. 2021. There are four units in MTA’s Procurement Function: Procurement Operations (PO), … which handles direct purchases of things like parts for train cars and buses, has not changed its procurement …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-mta-needs-do-more-increase-procurement-efficiencies-and-save-moneyValue of Industrial Development Agencies' Projects Increase Nearly 50 Percent Over Past Decade
… have increased by 48 percent since 2009, while the number of active projects has declined by six percent over the same … P. DiNapoli. “IDAs reported an increase in the total value of active IDA projects for 2019, continuing an upward trend … the last decade,” said DiNapoli. “The reported number of net jobs gained as a result of these projects has hovered …
https://www.osc.ny.gov/press/releases/2021/06/value-industrial-development-agencies-projects-increase-nearly-50-percent-over-past-decadeThe 80/20 Housing Program (Follow-Up)
… Purpose To determine the extent of implementation of the … the Housing Finance Agency (HFA). HFA's mission is to create and preserve high-quality, affordable, multifamily …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followSelected Management and Operations Practices (Follow-Up)
… 2015-S-20 ). Background On April 14, 2011, the Governor of New York signed into law the ReCharge New York (RNY) power … not-for-profits that commit to retain or increase New York State jobs and agree to make capital investments in their …
https://www.osc.ny.gov/state-agencies/audits/2018/12/11/selected-management-and-operations-practices-follow