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Sustainable Investments and Climate Solutions Program

… In June of 2019, Comptroller DiNapoli released a Climate … sustainable investment and climate-related themes. In 2023, the Fund increased its SICS target to $40 billion … the next decade. To date, the Fund has made commitments in renewable and clean energy, climate index funds, green …

https://www.osc.ny.gov/common-retirement-fund/sustainable-investments-and-climate-solutions-program

Accounts Payable Advisory No. 30

… Units must charge the appropriate account code listed in the General State Charges – Claims, Awards, Judgments and Settlements category in the Guide to Financial Operations (GFO). As of January 1, … of the payments appropriate to each account code in this category, including the new interest account code. …

https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/30-claims-awards-judgments-and-settlement-agreements

DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24

… March 31, 2024, the Fund had 42.85% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (22.26%), private equity … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the assets …

https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24

State Comptroller DiNapoli Releases School District Audits

… incurred the full cost of providing more than $536,000 in Medicaid-eligible services. Had these services been … and former payroll clerk, were paid more than $95,300 in longevity retirement incentives that were not approved by … and former payroll clerk, were overpaid by $20,595 in their final salary payouts. Employee leave accruals and …

https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-school-district-audits

State Comptroller DiNapoli Releases Municipal Audits

… (Delaware County) The board ensured that $746,000 in cash receipts were properly deposited, recorded and … not reconciled to ensure that all receipts were deposited. In addition, $4,700 in fees were waived without evidence of board approval. Sea …

https://www.osc.ny.gov/press/releases/2021/02/state-comptroller-dinapoli-releases-municipal-audits-2

State Comptroller DiNapoli Releases Municipal Audits

… deposit all tax collections within 24 hours as required. In addition, the clerk did not remit real property tax … collections to the town supervisor or the county treasurer in a timely manner. Town of Owasco – Financial Management and … did not adopt an adequate reserve policy, which resulted in the unrestricted general fund balance to increase to an …

https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-audits-0

State Comptroller DiNapoli Releases School Audits

… School District and the Webster Central School District . "In an era of limited resources and increased accountability, … Leave Accruals (Suffolk County) Auditors discovered errors in accrual records for 70 percent of the employees tested, … properly. Records reviewed contained 16 errors resulting in leave balances being overstated by a total of 9.5 days …

https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-school-audits-0

Comptroller DiNapoli Releases School District Audits

… of potential claims. As a result, funds may be tied up in the reserve that could be applied to other school district … over the last three fiscal years, which resulted in unplanned operating surpluses totaling $2.3 million instead of planned deficits. In the last three completed fiscal years, the school district …

https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-school-district-audits

Comptroller DiNapoli Releases School Audits

… limit on surplus fund balance by not using $3.7 million in appropriated fund balance as a financing source, improperly booking $3.6 million in encumbrances and improperly reserving $7.7 million for … by $13.4 million based on past settlement rates. In addition, the District does not have a comprehensive …

https://www.osc.ny.gov/press/releases/2019/10/comptroller-dinapoli-releases-school-audits-0

State Comptroller DiNapoli Releases School District Audits

… did not maximize interest earnings for the district. In addition, officials did not formally solicit interest rate … was not adequately approved, supported and documented. In addition, a staff person received overtime pay that was … appropriations, exceeding the 4 percent statutory limit. In addition, district officials did not develop a …

https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits-0

State Agencies Bulletin No. 278

… events of September 11, 2001 Affected Employees Employees in Executive Agencies who are working overtime due to events … 11, 2001. The primary means of tracking expenditures in PAYSR is the Position Pool. Should agencies wish to track … Earns codes, they should report overtime using these codes in the needed instances. If the agency does not choose to use …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/278-tracking-expenditures-related-overtime-worked-due-events-september-11

Terms of Service

… data fields that must be completed to successfully enroll in OSC’s Online Services. “Enrollment Data” shall mean true, … (such as Internet service provider or airtime charges). In addition, all Users must provide, and are responsible for, all equipment necessary to access the Services. In connection with such access, all Users should be aware …

https://www.osc.ny.gov/online-services/terms-service

Your Membership Tier – State Police Plan

… a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July … 31, 2015, there are no active Tier 1 members remaining in this plan. There is no Tier 4 in PFRS. …

https://www.osc.ny.gov/retirement/publications/1518/your-membership-tier

City of Norwich - Capital Planning (2019M-88)

… and equipment. The City has approximately $1.8 million in capital needs that will impact its financial condition. … resources are available to replace capital assets in a timely manner. Create inventory lists of capital assets … action. Appendix B includes our comments on issues raised in the City’s response letter. …

https://www.osc.ny.gov/local-government/audits/city/2019/08/16/city-norwich-capital-planning-2019m-88

Rensselaer County Water and Sewer Authority – Debt Proceeds (2014M-17)

… by an appointed five-member Board, was established in 1986 to promote economic development through financing, … managing and operating public water and sewer utilities in Rensselaer County and neighboring local governments. Key … for. Key Recommendations No recommendations were included in this audit. …

https://www.osc.ny.gov/local-government/audits/district/2014/04/11/rensselaer-county-water-and-sewer-authority-debt-proceeds-2014m-17

Oneonta City School District – Payroll (2017M-202)

… Background The Oneonta City School District is located in the City of Oneonta, Town of Oneonta and portions of the Towns of Laurens, Milford, Maryland and Davenport in Otsego and Delaware Counties. The District, which has … accurately paid and provided benefits to employees in accordance with Board-approved contracts. …

https://www.osc.ny.gov/local-government/audits/school-district/2017/12/08/oneonta-city-school-district-payroll-2017m-202

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