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EcoNews Spring 2021
This edition of EcoNews provides more detail on our work at the Fund to address the investment risks posed by climate change and to take advantage of opportunities to invest in climate solutions.
https://www.osc.ny.gov/files/reports/special-topics/pdf/econews-spring-2021.pdfAdministration of Mitchell-Lama Waiting Lists (Follow-Up) (2020-F-19) 30-Day Response
To follow up on the actions taken by the Division of Housing and Community Renewal to implement the recommendations contained in our prior audit report, Administration of Mitchell-Lama Waiting Lists (Report 2016-S-46).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-20f19-response.pdfDynamic Center Inc. - Compliance With the Reimbursable Cost Manual (2014-S-3) 90-Day Response
To determine whether the costs submitted by Dynamic Center Inc. on its Consolidated Fiscal Report were properly calculated, adequately documented, and allowable under the State Education Department’s guidelines, including the Reimbursable Cost Manual.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14s3-response.pdfDynamic Center Inc. - Compliance With the Reimbursable Cost Manual (2014-S-3)
To determine whether the costs submitted by Dynamic Center Inc. on its Consolidated Fiscal Report were properly calculated, adequately documented, and allowable under the State Education Department’s guidelines, including the Reimbursable Cost Manual.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14s3.pdfMedicaid Program: Claims Processing Activity April 1, 2023 Through September 30, 2023 (2023-S-9) 180-Day Response
To determine whether the Department of Health’s eMedNY system reasonably ensured that Medicaid claims were submitted by approved providers, were processed in accordance with Medicaid requirements, and resulted in correct payments to providers.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23s9-response1.pdfFiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fsms-schools-010825.pdfMedicaid Program: Claims Processing Activity October 1, 2023 Through March 31, 2024 (2023-S-41)
To determine whether the Department of Health’s eMedNY system reasonably ensured that Medicaid claims were submitted by approved providers, were processed in accordance with Medicaid requirements, and resulted in correct payments to providers.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2025-23s41.pdfDiNapoli Applauds as Exxon Finally Agrees to Protect LGBT Rights
… its equal employment and workplace protection policies to prohibit discrimination based on sexual orientation and … many Fortune 500 peers and investors in the 21st Century where LGBT rights are synonymous with civil rights." DiNapoli … sexual orientation and domestic partner benefits to same sex couples. As of this year, 89 percent of Fortune 500 …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-applauds-exxon-finally-agrees-protect-lgbt-rightsState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… (PFRS). DiNapoli is also dropping the long-term assumed rate of return on investments from 7 percent to 6.8 percent, … so we can better weather market volatility.” The estimated average employer contribution rate for ERS will remain at … access to a two-year projection of their annual pension bill six weeks earlier than in previous years. Employers use …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli: School District Revenue Growth Slows
… New York’s school districts have faced major fluctuations in their federal and state aid over the last decade and revenue growth was nearly flat the last three years, …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… its transit assets (e.g. bridges, tunnels, commuter rail cars, subway cars, signals and stations) to determine their condition. The … of the subway system has improved since 1982. Subway cars now travel, on average, 150,000 miles between …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionOpinion 92-33
… town on behalf of the park district established by L 1928, ch 477, as amended, may expend up to $50,000 annually for … area of one of the villages within the town (see L 1928 ch 477, as amended; L 1930 ch 119, as amended). In this instance, the State legislation …
https://www.osc.ny.gov/legal-opinions/opinion-92-33DiNapoli: State Contractor Failed to Pay Prevailing Wages
… wage rates and tried to hide its non-compliance with state law by misrepresenting hours worked and rates paid in … support for treatment and transition programs of the South Beach Psychiatric Center in Staten Island. It contracts … has likely underpaid its janitorial workers since November 1, 2011, when its contract started and may have underpaid …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesDiNapoli: Town of Bennington Audit Leads to Arrest
… in the Wyoming County town of Bennington was arrested today after auditors and investigators discovered a shortage … misconduct. DiNapoli’s audit of the town was issued today and details how Metz deposited portions of the missing … found in a filing cabinet in town hall. “It raises a red flag when we discover cash missing and suddenly the clerk is …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-town-bennington-audit-leads-arrestDiNapoli: Former Wallkill Fire District Chair Pleads Guilty in $240,000 Theft
… chairman of the Wallkill Fire District’s Board of Fire Commissioners pleaded guilty today in Ulster County Court to grand larceny and criminal tax fraud for stealing …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-wallkill-fire-district-chair-pleads-guilty-240000-theftDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… January 2015, an elderly victim for whom Eckstein worked as a personal accountant and financial advisor, agreed to … were only hoping for a small return. Instead they lost what little they had saved. The FBI and our law enforcement … Inspector in Charge Philip R. Bartlett. The investigation is ongoing and anyone who believes that they were defrauded …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… Employer contribution rates for the state's pension system in State Fiscal Year 2019-20 … contribution rates stable and that provides predictability for employers as they plan their future budgets," DiNapoli … Charitable Trusts. The estimated average contribution rate for participating employers in the ERS will decrease in SFY …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020Comptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… York school districts had inappropriate computer access to sensitive student data and were able to change student grades and attendance records without … School district officials generally agreed with the audit, but some provided clarification on their policies and …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… A third of the 30 State University of New York (SUNY) campus foundations were operating without the … with campuses, including the University at Buffalo Foundation (UBF), one of the largest with $723 million in …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightComptroller DiNapoli & A.G. Schneiderman Announce Indictment of Former Highway Superintendent in Public Corruption Case
… and Attorney General Eric T. Schneiderman today announced the indictment of Roger Burlew, former Highway Superintendent … to the Town of Erin. “This indictment shows that nobody is above the law – a principle that has guided my office in … dollars, and that is why I will continue to pursue those who betray the public trust.” "Cases such as these remind us …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-ag-schneiderman-announce-indictment-former-highway-superintendent-public