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DiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… Thomas P. DiNapoli, trustee of the third largest public pension plan in the country, announced today. This … New York State Common Retirement Fund is the third largest public pension fund in the United States with assets of … 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/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesControls Over Revocable Consents
… for consents to other City agencies for review, and holds public hearings regarding the consent. The Office also … was granted (one consent); documenting that notices of public hearings and summaries of the proposed consents were … Record (three consents); documenting that notices of the public hearings were published twice in weekly newspapers as …
https://www.osc.ny.gov/state-agencies/audits/2020/09/23/controls-over-revocable-consentsDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… to help the growing number of New Yorkers going hungry in the wake of the economic damage caused by the COVID-19 … the need to combat hunger vigorously is clear and urgent. In 2019, the Supplemental Nutrition Assistance Program (SNAP) helped feed an average of 35 million Americans each month . Enhancing SNAP …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityOpinion 95-31
… that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation (entitlement of …
https://www.osc.ny.gov/legal-opinions/opinion-95-31Opinion 95-29
… and dissolve the district. Moneys received from the sale of the property and facilities of the water district … the proposition is approved, the moneys received from the sale must be placed in a reserve fund to amortize any … This alternative, however, does not apply in the case of a sale to a public authority. … Whether the facilities of a …
https://www.osc.ny.gov/legal-opinions/opinion-95-29Opinion 91-42
… This opinion represents the views of the Office of the State Comptroller at the time … treasurer); (cooperative investment of department funds and village funds); (gift of department funds to village … agree to transfer custody of village fire department funds from the department to the village treasurer for investment …
https://www.osc.ny.gov/legal-opinions/opinion-91-42Opinion 90-63
… discussed in the opinion. LIBRARIES -- Appropriations and Expenditures (recognition dinner for volunteers); … for senior citizens) MUNICIPAL FUNDS -- Appropriations and Expenditures (in recognition of municipal service - … district. Education Law, §255(1) authorizes municipalities and school districts to establish a public library and to …
https://www.osc.ny.gov/legal-opinions/opinion-90-63Pension Funds Break New Ground on Board Diversity
… New York State Comptroller Thomas P. DiNapoli today announced that the New York Common Retirement Fund (Fund) has reached …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityOpinion 96-13
… This opinion represents the views of the Office of the State Comptroller at the time … (simultaneous participation in service award program and retirement system) CIVIL SERVICE LAW, §150; GENERAL … may simultaneously participate in, and receive benefits from, a service award program for volunteer ambulance workers …
https://www.osc.ny.gov/legal-opinions/opinion-96-13Opinion 92-11
… This opinion represents the views of the Office of the State Comptroller at the time … in the opinion. INSURANCE -- Self-Insurance (transfer from insurance reserve to reserve for property loss and liability claims) MUNICIPAL FUNDS -- Insurance Reserve …
https://www.osc.ny.gov/legal-opinions/opinion-92-11Opinion 94-18
… PROPERTY -- Conveyances Generally (consideration required) FIRE DEPARTMENT -- Villages (existence of fire companies in …
https://www.osc.ny.gov/legal-opinions/opinion-94-18Opinion 94-27
… road improvement against non-fronting owners) TOWN LAW, §§200, 202(2): The cost of a road improvement undertaken pursuant to Town Law, §200 may be assessed only against abutting or fronting owners. … may assess the cost of a road improvement under Town Law, §200 against both abutting and non-abutting property owners if …
https://www.osc.ny.gov/legal-opinions/opinion-94-27Opinion 88-20
… COUNTIES -- Courts (authority to relocate family court) -- County Seat (effect of relocation of family court) COUNTY LAW, §216; NY CONST, ART III, §17: A county, by resolution, may relocate its family court from the …
https://www.osc.ny.gov/legal-opinions/opinion-88-20Record of Activities (ROA) – Reporting Elected and Appointed Officials
… worked. But, for those who don’t, determining the number of days they’ve worked requires a different process. These officials who begin a new or subsequent term of office after January 1, 2016, are required to complete a three-month record of activities (ROA) within 150 days of the start of the term …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/record-activities-roaOpinion 88-37
… This opinion represents the views of the Office of the State Comptroller at the time … or statutory amendments that bear on the issues discussed in the opinion. BONDS AND NOTES -- Periods of Probable …
https://www.osc.ny.gov/legal-opinions/opinion-88-37Opinion 93-20
… town board ...". Section 37(1) further provides that all school district moneys collected by the receiver must be deposited in designated bank(s) to the credit of the school district. After payment to the supervisor of the full … the receipt thereof. In lieu of the immediate deposit of school district moneys to the credit of the school district, …
https://www.osc.ny.gov/legal-opinions/opinion-93-20Opinion 89-2
… This opinion represents the views of the Office of the State Comptroller at the time … that bear on the issues discussed in the opinion. HEALTH AND HEALTH SERVICES - Municipal Nursing Homes (participation … Purchases made pursuant to such programs are exempt from statutory competitive bidding requirements. You ask …
https://www.osc.ny.gov/legal-opinions/opinion-89-2Opinion 89-48
… docket,' which shall be suitably ruled in columns headed 'owner,' 'contractor,' 'claimant,' 'property,' 'surety,' 'amount of … provides the monetary guarantee that the obligation of the contractor and/or subcontractor will be met. We have been …
https://www.osc.ny.gov/legal-opinions/opinion-89-48DiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… revenue and cost-saving initiatives have helped New York City’s fiscal year (FY) 2024 budget generate a projected year-end surplus of $3.9 billion that will be used to prepay expenses for the next fiscal year, helping the city balance its FY 2025 executive budget, according to a report released today …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects … since 1990, but the estimated capital improvement needs for water and sewer projects far exceeds this amount, and … to provide subsidized loans and grants to municipalities for drinking water, wastewater treatment, and other projects, …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-water