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NYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… and minimize market impact. “Russia’s unlawful invasion of Ukraine has led to unprecedented sanctions against Russian … Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the assets of the New York State and Local Retirement System on behalf …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewMitigation for Extreme Weather Conditions and Flooding
… risks to its system from extreme weather conditions and flooding and developed plans to mitigate their effects. We also determined whether Metro-North tested and updated the plans and inspected/maintained the equipment … risks to its system from extreme weather conditions and flooding and developed plans to mitigate their effects We …
https://www.osc.ny.gov/state-agencies/audits/2025/02/06/mitigation-extreme-weather-conditions-and-floodingAssessment of Costs to Administer the Workers’ Compensation Program for the Two Fiscal Years Ended March 31, 2013
… Compensation Board (Board) has adequate procedures in place to accurately report its assessable expenses related … our audit pursuant to legislative mandates included in these statutes, which direct that the Comptroller and the … the Board ascertain the annual amount of expenses incurred in the administration of these Laws. Our audit covered the …
https://www.osc.ny.gov/state-agencies/audits/2015/04/15/assessment-costs-administer-workers-compensation-program-two-fiscal-years-ended-march-31Higher Education – 2021 Financial Condition Report
… and 0.5 percent, respectively. Online course enrollment for the State University of New York (SUNY) increased by 13.6 … 2019-20 academic year that enrolled in online instruction, 30 percent attended exclusively through this means and 70 … New York State also provided an estimated 66,406 other scholarships and awards totaling almost $201 million in aid, …
https://www.osc.ny.gov/reports/finance/2021-fcr/higher-educationThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… one of the world’s premier shopping destinations, topping “best of” lists and drawing visitors from across the globe. …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19Performance of the Excelsior Jobs Program
… Certificate of Tax Credit met the eligibility requirements for job growth and investments in their formal agreement … (ESD) administers the Program and is responsible for determining whether businesses meet the eligibility … in New York State. Key Findings We sampled 25 companies for which, as of June 2015, ESD had authorized Program tax …
https://www.osc.ny.gov/state-agencies/audits/2016/07/07/performance-excelsior-jobs-programNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… (SEC) adoption of the Climate Change Disclosure Rule: “This is a significant victory for investors who are committed to mitigating the real … proxy voting and engagements with portfolio companies. “This rule is a critical step toward greater transparency and … SEC adoption of the Climate Change Disclosure Rule This is a significant victory for investors who are committed …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleImplementation of the Security Guard Act
… adequately monitoring and enforcing the requirements for security guards under the Security Guard Act. The audit covered the period from April … adequately monitoring and enforcing the requirements for security guards under the Security Guard Act …
https://www.osc.ny.gov/state-agencies/audits/2021/07/06/implementation-security-guard-actOverview – Improving the Effectiveness of Your Claims Auditing Process
… claims. It also is our hope that the information contained in this guide will be valuable to new board members and … The following is an overview of the information contained in this guide: What Is a Claim? Who Is Responsible? … Auditing Payments Not Requiring Pre-Audit Payments Allowed in Advance of Audit Problem Claims Red Flags Analytical …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/overviewState Comptroller DiNapoli Statement on Boeing Lawsuit Settlement
… the Fund, and the FPPA were appointed co-lead plaintiffs in the lawsuit. In a derivative lawsuit, shareholders sue a company’s board … for the company to recover the largest monetary settlement in this type of case in the Delaware Courts’ history, but …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-statement-boeing-lawsuit-settlementOversight of Smart Schools Bond Act Funds
… that school districts have appropriately utilized them for their intended purpose. The audit covers the period April … improvements to educational technology and infrastructure for students throughout the State. Under the Act, school … the Review Board, districts may begin to submit requests for reimbursement of expenses related to purchases or …
https://www.osc.ny.gov/state-agencies/audits/2020/06/10/oversight-smart-schools-bond-act-fundsOpinion 91-38
… copies of) LOCAL LAWS -- Pre-emption (deposits on plans and specifications) GENERAL MUNICIPAL LAW, §102; MUNICIPAL … for the performance of public work submitted by each unsuccessful bidder upon the proper return of a … the political subdivision must also return an amount equal to the deposit for one of the additional sets of plans and …
https://www.osc.ny.gov/legal-opinions/opinion-91-38New York’s Economy and Finances in the COVID-19 Era
… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more … New York State Department of Labor Medicaid Enrollment in New York Jumps by 600,000; Total Increase May Reach … Total employment in New York State fell in March and again much more sharply …
https://www.osc.ny.gov/reports/covid-19-november-12-2020DiNapoli Report Highlights MTA's Significant Needs
… funding plans. “The list of repairs and upgrades needed in our regional transit systems can seem endless, but funds … projects mean for them, the progress that will be made in repairing the system, how much they’re going to cost and … capital needs. It helps inform the allocation of funds in the MTA’s five-year capital program, which has funding …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsContracted Programs With Puerto Rican Organization to Motivate, Enlighten and Serve Addicts, Inc.
… 1, 2009 through June 30, 2014, totaling $12.5 million, to in part conduct a Methadone to Abstinence Residential … (see Exhibit), which provides various community services in the New York City metropolitan area. Under the MTAR … program, PROMESA administers methadone by prescription, in conjunction with a variety of other rehabilitative …
https://www.osc.ny.gov/state-agencies/audits/2016/06/08/contracted-programs-puerto-rican-organization-motivate-enlighten-and-serve-addicts-incOpinion 90-14
… inquire whether a town may be reimbursed by a developer for the costs of an engineer, attorney and land surveyor … the town. There is no express authority in the Town Law for a town to impose fees in connection with applications for variances, special use permits, or approvals of site …
https://www.osc.ny.gov/legal-opinions/opinion-90-14Child Care Licensing and Inspection
… Purpose To determine if the Office of Children and Family Services’ (Office) child care licensing and … laws and are safe for children. Our audit covered the period January 1, 2012 through May 9, 2014. Background … To determine if the Office of Children and Family Services Office child care …
https://www.osc.ny.gov/state-agencies/audits/2014/08/14/child-care-licensing-and-inspectionMedicaid Program – Managed Long Term Care Premium Rate Setting
… Department appropriately set Managed Long Term Care (MLTC) premium rates. The audit covered the MLTC premium rates for the period April 1, 2013 to March 31, 2014. … care. Under managed care, Medicaid pays MCOs a monthly premium for each enrolled Medicaid recipient, and the MCOs …
https://www.osc.ny.gov/state-agencies/audits/2017/09/27/medicaid-program-managed-long-term-care-premium-rate-settingComptroller DiNapoli Releases State Audits
… total about $19.9 million. DMV has adequate procedures in place to ensure that it accurately identifies and reports its assessable expenses in all material respects. Department of Transportation (DOT): … auditors found significant and pervasive weaknesses in internal controls at the regional office level that …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-state-audits-0Vendor Responsibility Review Process
… By law, State contracting entities may only award contracts to responsible vendors. A responsible vendor must have the: integrity to justify the award of public dollars; and the capacity to perform the requirements of the contract fully. Who … By law State contracting entities may only award contracts to responsible vendors …
https://www.osc.ny.gov/state-vendors/vendrep/vendor-responsibility-review-process