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DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund

… a six-year tenure. "Under Vicki’s direction, the state pension fund has produced impressive investment returns, … value and led the nation as one of the best managed public pension funds. Her legacy and dedication are impressive, but … State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated $209.1 …

Exxon's Investors Call for Meaningful Climate Risk Plan

… at risk by failing to acknowledge this reality." "Last year this shareholder proposal received 38% support and it is … the resolution is garnering even greater support than last year." The Paris Agreement's 2 degree target, to restrict … and the marketplace. This is the second consecutive year that the Fund and the Church of England have co-filed …

Medina Central School District – Reserve Funds (2014M-155)

… purpose of our audit was to examine the District’s reserve funds and selected financial management practices for the … approximately $33.8 million. Key Findings Certain reserve funds do not adhere to statutory requirements and certain …

Village of Bemus Point – Clerk-Treasurer (2022M-38)

… - pdf] Audit Objective Determine whether the Village of Bemus Point (Village) Clerk-Treasurer properly deposited, … larceny and paid restitution to the Village. The Board of Trustees (Board) did not monitor the Clerk-Treasurer’s … a result, the Village was assessed penalties and interest of $18,100. Provide written financial reports to the Board or …

XII.6.E Making an Emergency Payment – XII. Expenditures

… does not constitute an emergency. The Office of the State Comptroller’s (OSC) Bureau of Contracts’ approval must … Business Unit is seeking a waiver from advertising in the New York State Contract Reporter, OSC must approve the exemption. …

About Offering a Retirement Plan – What Every Employer Should Know

… in career-long employment. The plans administered by the New York State and Local Retirement System: Provide public … are related to years of service; Offer a pension that is based on salary and years of service; Provide a right to … of NYSLRS, a staff you can rely on.   Rev. 2/23 … What every employer should know about NYSLRS what it means to …

Factors Affecting an Employer’s Annual Payment – What Every Employer Should Know

… Generally, the more members there are on an employer’s payroll, the higher the employer’s annual payment is likely … titles rather than attaining a certain age.   Rev. 2/23 … What every employer should know about NYSLRS what it means to …

Long-Term Expected Contribution Rates – What Every Employer Should Know

… rates as a percentage of their payroll to NYSLRS each year. If the Fund averages more than 5.9 percent over an …

Putnam Valley Central School District – Financial Condition (2016M-135)

… Counties. The District, which operates three schools with approximately 1,730 students, is governed by an elected …

How Divorce Can Affect NYSLRS Benefits – Divorce and Your Benefits

Lakeville No. 2 Fire District – Oversight of Financial Operations (2013M-25)

… the State, distinct and separate from the Town of Livonia, in Livingston County, where it is located. The Board of Fire … officials did not ensure that District funds were expended in the best interest of taxpayers or as permitted by statute. District officials did not adequately plan or use …

DiNapoli Urges NYC to Shore Up Rainy-Day Fund

… recent changes in state and local law enabling the use of these funds, called on the city to define how these … the purposes of the rainy-day fund, the conditions for withdrawal and the order in which accounts would be drawn; … amounts drawn down be replenished as soon as possible. Some cities also have a policy to gradually increase their …

Town of Parish - Financial Condition and Supervisor's Records (2019M-58)

Determine whether the Board adequately managed the Town’s financial condition and received accurate financial reports to help it do so.

Local Sales Tax Collections up 10.2% in Third Quarter of 2022

… the third quarter of 2022 compared to the same period last year, mostly driven by double digit growth in New York City. … P. DiNapoli. This is the second straight quarter that year-over-year growth did not keep pace with inflation for … York City’s third quarter collections this year grew by 16.8% to $2.4 billion. Several of the city’s major service …

State Agencies Bulletin No. 1287

… of imputed income for a non-employee same-sex spouse’s health coverage and of the potential tax impact for non-residents of … of the imputed income related to her/his spouse’s health care coverage. NOTE: Additional guidance regarding retro time …

ROA Result Calculator – Reporting Elected and Appointed Officials

… official.   You must list the ROA result on a  Standard Work Day and Reporting Resolution for Elected and Appointed … does not need to be completed. For more information about how these results are calculated, go to  Calculating Record … Worked .   Rev. 5/22 … Elected and Appointed Officials How to calculate a Record of Activities result and days …

Ausable Valley Central School District - Medicaid Reimbursements (2018M-189)

… for all eligible services provided. Review all unclaimed services, determine whether these services are …

Town of Attica – Payments to Not-for-Profit Organizations (2021M-125)

… for appropriate purposes, properly approved or supported by sufficient documentation. Officials: Used public funds to make donations or impermissible gifts …

Comptroller DiNapoli Releases School District Audits

… over the last three years despite having sufficient funds to finance the district’s increased costs. Homer … direct access to a district bank account to disburse funds. Officials also allowed payment of utilities totaling …

DiNapoli Proposal Would Provide More Accountability for Personal Income Tax Check-Off Funds

… will help make sure these funds are being put to good use in a timely manner.” Currently, there are ten causes that New … More than $14.6 million remained as accumulated balances in six check-off funds (excluding the Conservation Fund and … At the end of SFY 2014-15, the accumulated fund balance in the original six funds examined in the 2014 report had …