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NYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… City's economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, … The city's most recent four-year financial plan, released in June, projects a surplus of nearly $4.6 billion in FY …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: Calls to Investigate Violations of Do Not Call Law Going Unanswered
… state's 150,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-calls-investigate-violations-do-not-call-law-going-unansweredNYS Common Retirement Fund Announces Third Quarter Results
… quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending December 31, 2014, bringing … quarter of the state fiscal year 2015 was 191 percent for the threemonth period ending December 31 2014 bringing …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an … The Fund's estimated value reflects benefits paid out during the quarter. The Fund's audited value as of the … billions in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… As of September 30, 2018, the Fund had 41.4 percent of its assets invested in publicly traded domestic equities and 15.6 … in international public equities. The remaining Fund assets by allocation are invested in cash, bonds and … private equity (8.4 percent), real estate and real assets (7.6 percent) and absolute return strategies and …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced that he has written to fellow Express Scripts shareholders urging them to support …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalNY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (the Fund), today announced that he has …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programNYS Common Retirement Fund Reports First Quarter Results
… estate and real assets (8.5 percent) and absolute return strategies and opportunistic alternatives (3.6 percent). In …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsState Audit Shows Need to Improve Response to Noise Complaints in NYC
… of noise complaints related to nightlife establishments in New York City highlights the need for the New York State … Thomas P. DiNapoli. "The number of noise complaints in New York City more than doubled between 2010 and 2015, … auditors found the number of noise complaints called in to the city's 311 system rose from 86,365 in 2010 to …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycNYS Common Retirement Fund Reports Third Quarter Results
… quarterly investment performance reporting in 2009 as part of his ongoing efforts to increase accountability and …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: NYC Budget Benefiting From Strong Economy
… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will likely grow as tax collections are higher … DiNapoli. “This is shaping up to be another solid year for the city. Job growth in the five boroughs has been strong, …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: Billing and Reimbursement Flaws Allowed $16.6 Million in Inappropriate Payments to Home Health Care Providers
… Department of Health (DOH) erroneously made $16.6 million in Medicaid payments to 95 home health providers over a 3 … a great need by allowing patients to stay in their homes and avoid costly placement in hospitals or rehabilitation … bill according to DOH guidelines. DOH officials concurred with the audit recommendations and indicated actions will be …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-billing-and-reimbursement-flaws-allowed-166-million-inappropriate-payments-home-health-careNYS Common Retirement Fund Announces First Quarter Results
… 30, 2015, the Fund had approximately 38.5 percent of its assets invested in publicly traded domestic equities and 15.0 … in international public equities. The remaining Fund assets by allocation are invested in cash (1.5 percent), … (3.6 percent) and opportunistic alternatives and real assets (1.0 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Monroe County Failed to Monitor Contractor Operating Golf Courses, Costing Taxpayers
… was unable to make the required monthly payments in full to the county. During the audit, the county gave notice … letter of credit for $250,000 as security for the full and faithful performance of the terms for the remainder …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-monroe-county-failed-monitor-contractor-operating-golf-courses-costing-taxpayersDiNapoli: More Needs to Be Done to Provide Mental Health Training to School Staff
… sampled 20 school districts found they did not provide mental health training to all staff for the 2020-21 school year by …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-more-needs-be-done-provide-mental-health-training-school-staffComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… of Linda Miller, 58, of Englewood, N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from the New York State and Local … retirement benefits until 2012, despite her mother's death in 2006. Linda Miller pleaded guilty in July 2015 to 3rd …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newState Agencies Bulletin No. 2122
… System Proctors ( Deptid 05017 ) All City University of New York agencies ( Deptids 70XXX ) Background In an effort to … ID, then by employee name in alphabetical order. NHRP748 – Post Termination Report This report identifies all employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… at the MTA from this experience as they move forward with their capital program.” East Side Access is the nation’s … and the first expansion of the LIRR in more than 100 years. Initially expected to cost $4.3 billion and to begin service in 2009, East Side Access is …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… than DOB’s initial forecasts from May 2021, according to the March State Cash Report released today by New York … PTET proceeds are expected by the Division of the Budget to be offset by lower personal income tax (PIT) collections … “The state ended the fiscal year in a good position due to higher than projected receipts and lower than projected …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… the money that was collected from them didn’t always go to crime victims, with some funds languishing for years, according to a review of more than 340 cases at 13 county probation … a key part of the legal process that allows crime victims to recoup losses caused by the crime,” DiNapoli said. “County …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victims