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State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private Equity … million to the state pension fund and supported thousands of jobs across the state,” said DiNapoli. “This $50 million … returns to the state pension fund consistent with the risk of private equity. The program invests in New York …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesEnvironmental Facilities Corporation: An Overview of Major Water Quality Improvement Programs
New York State is fortunate to have an abundance of natural resources, including water. At the same time, aging infrastructure and a long history of underinvestment in water system maintenance have resulted in a significant backlog of water quality improvement projects needed to protect the waters.
https://www.osc.ny.gov/files/reports/pdf/environmental-facilities-corporation-report.pdfDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… facing many nonprofits in New York, it’s important that we develop a better understanding of this key sector of our … the number of people employed and the wages paid,” said Reg Roster, president & CEO of United Way of New York State. … and other services that help business and the economy.” "We commend Comptroller DiNapoli for calling attention to the …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Lake George Watershed Coalition Director Charged in $500K Grant Scheme
… David Decker was arraigned today on a 22-count indictment for using his position to pocket more than $500,000, … a million dollars meant to protect and improve Lake George for its residents, vacationers and other visitors from near … inflated invoices and created a shell business to bill for extra income. He also allegedly pocketed money meant for …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-lake-george-watershed-coalition-director-charged-500k-grant-schemeDiNapoli: Ithaca Woman Charged With Stealing Nearly $70,000 in Pension Payments
… accountable, and my office will continue to partner with law enforcement to protect the pension fund. My thanks to … innocent unless and until proven guilty in a court of law. Since taking office in 2007, DiNapoli has committed to …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-ithaca-woman-charged-stealing-nearly-70000-pension-paymentsDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… County District Attorney David M. Hoovler announced that on Thursday, April 14, 2022, Valerie White, 58, of … in the Third Degree. Under the plea agreement announced on the record at the time of the guilty plea, White was … of the amount stolen, the remaining was spent by White on personal expenses. At the time of her plea, White admitted …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseMedicaid Program – Mainstream Managed Care Organizations: Administrative Costs Used in Premium Rate Setting
… special health care needs. For the State fiscal year ended March 31, 2015, New York’s Medicaid program had approximately … MCOs. Key Findings The Department overpaid MCOs more than $18.9 million in mainstream managed care premiums for the … from a Medicaid Redesign Team (MRT) proposal. As a result, the Department is not fully realizing the MRT’s …
https://www.osc.ny.gov/state-agencies/audits/2016/10/13/medicaid-program-mainstream-managed-care-organizations-administrative-costs-used-premiumDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… paid to employees in New York City’s securities industry for 2024 reached $244,700, up 31.5% from last year, according … Thomas P. DiNapoli’s annual estimate. The bonus pool for the city’s securities employees reached a record $47.5 … said. “This financial market strength is good news for New York’s economy and our fiscal position, which relies …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024DiNapoli: NYC DOE Faces Significant Challenges in Closing COVID Achievement Gap
… Education be clear about how it will help students recover from the impact of the pandemic and address inequalities in … with disabilities, and pupil transportation consistently required the city to add hundreds of millions of dollars more … partially funded by federal aid through the financial plan period include additional special education services …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gapOpinion 2004-2
… whether a town is prohibited from entering into a contract for the purchase of gravel from a vendor who may obtain at … member. The vendor leases the property from the spouse for "fair market value," and has the right, but not the … municipality that they serve (General Municipal Law §801). For purposes of article 18, a "contract" includes any express …
https://www.osc.ny.gov/legal-opinions/opinion-2004-2State Comptroller DiNapoli and District Attorney Scarpino Announce Arrest in $60K Pension Payments
… A. Scarpino, Jr. announced the arrest of Rochelle Rose for grand larceny in the second degree after she allegedly … District Attorney Scarpino, she is being held accountable for her actions. This case sends a clear message to those who … Retirement System. I thank D.A. Scarpino and his team for their outstanding efforts on this case." Westchester …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-and-district-attorney-scarpino-announce-arrest-60k-pension-paymentsDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
… million in Israel bonds offered by Development Corporation for Israel, New York State Comptroller Thomas P. DiNapoli … DiNapoli said. “In addition to providing a steady return for our pension fund’s members, Israel bonds help support one … across many U.S. states during this crucial period for the Jewish state,” said Israel Bonds President and CEO …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsEfforts to Collect Delinquent Taxes
… a collection case. Collection actions may include filing a warrant, serving a levy (a legal seizure of property), and … 250 business tax debtors for whom it filed at least one warrant in the prior 12 months. The March 2021 lists for … respectively, for the amount due and owed at the time the warrant was filed. Key Findings For a significant number of …
https://www.osc.ny.gov/state-agencies/audits/2021/08/24/efforts-collect-delinquent-taxesOpinion 89-19
… §61: A county department of social services is subject to pay the appellate filing fee in CPLR 8022, and is not an … from fees provided to the State by CPLR §8017(a) and must pay the fees imposed by section 8022 of the CPLR when it …
https://www.osc.ny.gov/legal-opinions/opinion-89-19State Police Bulletin No. SP-235
… this bulletin is to notify agencies of an increase in dues for Police Benevolent Association of New York State, Inc. … from the PBANYS dated November 16, 2022, membership dues for employees in Bargaining Units 31 (Deduction Code 483) … OSC will automatically increase the biweekly deduction for union dues (Deduction Code 483) from $50.65 to $54.70. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-235-police-benevolent-association-new-york-state-inc-pbanys-dues-increaseDiNapoli Releases Report on SFY 2024-25 Financial Plan
… State Fiscal Year (SFY) 2024-25 Enacted Budget Financial Plan. DiNapoli says action is needed to align projected state … of 4.2%, through SFY 2027-28. Spending Pressures Pose Risk to Budget Gaps While DOB’s projected decrease in the … day reserves. Strengthen rainy day reserves and Retiree Health Benefit Trust Fund. Make routine, monthly reserve fund …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-releases-report-sfy-2024-25-financial-planOpioid Prescriptions for Medicaid Recipients in an Opioid Treatment Program (Follow-Up)
… 1, 2013 through September 30, 2017. Auditors identified 18,786 recipients who received 208,198 opioid prescriptions … care with other prescribers – auditors noted 493 of the 18,786 recipients required medical care as a result of opioid or narcotic overdoses that occurred within a …
https://www.osc.ny.gov/state-agencies/audits/2020/05/07/opioid-prescriptions-medicaid-recipients-opioid-treatment-program-followDiNapoli: Syracuse Man Sentenced for Stealing Nearly $22,000 in Pension Checks
… and their families. Mr. Glinski has violated the integrity of this system, and he must now suffer the consequences with … with integrity. Thanks to the coordinated efforts of the Comptroller’s Office, the Onondaga County District … after retiring from her job as a clerk with the Village of Solvay Police Department in August 2014. She had also …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-syracuse-man-sentenced-stealing-nearly-22000-pension-checksDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… to $29.2 million in 2021. County IDAs were responsible for 61.2% of all active IDA projects in 2021, followed by … (0.1%). The report summarizes data as reported by IDAs for fiscal year end 2021 through the Public Authorities … IDA, do not. DiNapoli’s report found that: Tax exemptions for IDA projects totaled almost $1.9 billion, an increase of …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Three Arrested in Connection With Over $1 Million Medicaid Transportation Fraud Scheme
… steal over $1 million from the Medicaid program by billing for fake transportation services, duplicating and inflating … partners, especially Paul White of Viapath Technologies, for their tireless dedication to a comprehensive and thorough … of this criminal behavior and associated kickbacks for fraudulent charges has an impact beyond theft,” Oneonta …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-three-arrested-connection-over-1-million-medicaid-transportation-fraud-scheme