Search
Corporate Governance
… and implement best governance practices. Sustainable executive compensation programs align management incentives … Decision and Reasoning National Grid 7/14/2026 Against Executive Compensation Overlapping performance metrics. … & Human Capital Management Committee, the Executive Board Chair and Executive Compensation Poor risk oversight …
https://www.osc.ny.gov/common-retirement-fund/corporate-governanceCost-Saving Ideas: School District Auditing - Roles, Responsibilities and Resources
… expert and independent review. Use this reference guide to familiarize yourself with the different roles and … functions are separate and distinct, and it’s important to understand the intended protection each is meant to provide. Select the name to learn about qualifications and …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-roles-responsibilities-and-resourcesDiNapoli and Montgomery County DA Pearson: Former Executive Director of the Fulton-Montgomery County Chamber of Commerce Arrested for Embezzling Over $440K
… Police Superintendent Steven G. James announced the arrest of MaryBeth Shults, the former Executive Director of the Fulton-Montgomery County Chamber of Commerce, … appointment as the Chamber’s Executive Director in June of 2025. As Executive Director, Shults had access to the …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-and-montgomery-county-da-pearson-former-executive-director-fulton-montgomery-county-chamberCity of Mechanicville – Financial Oversight (2025M-78)
… 1, 2022 – September 30, 2024 We extended our audit period to December 31, 2024, to include the 2024 fiscal year-end bank reconciliation. … must adequately oversee the City’s financial operations to ensure that public funds are managed with accountability, …
https://www.osc.ny.gov/local-government/audits/city/2026/04/03/city-mechanicville-financial-oversight-2025m-78DiNapoli: Two Arrested for Stealing More Than $200,000 From 86-Year-Old State Pensioner
… Donnelly and the New York State Police today announced the arrests of Amber Diacetis, a 30-year-old Albany resident, and … resides at the property in a squatter capacity. The arrests were a result of a joint investigation between … Donnelly and the New York State Police today announced the arrests of Amber Diacetis a 30yearold Albany resident and …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-two-arrested-stealing-more-200000-86-year-old-state-pensionerDiNapoli Announces State Contract & Payment Actions for December
… contract reviews. The Comptroller recently began releasing a monthly contract report which provides added transparency … government spending and more than 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-state-contract-payment-actions-decemberOptional Retirement Plan for County Sheriffs, Undersheriffs, Deputy Sheriffs and Correction Officers (Sections 89-p and 603(l))
… (Return to Top) (Return to Top) (Return to Top) (Return to Top) (Return to Top) VO1832 (Rev. 6/12) © 2012, New York …
https://www.osc.ny.gov/retirement/publications/optional-retirement-plan-county-sheriffs-undersheriffs-deputy-sheriffs-and-correction-officersSpecial Plan for Suffolk County Correction Officers (Sections 89-f and 603 (c))
… (Return to Top) (Return to Top) (Return to Top) (Return to Top) (Return to Top) VO1811 (Rev. 6/12) © 2012, New York …
https://www.osc.ny.gov/retirement/publications/special-plan-suffolk-county-correction-officers-sections-89-f-and-603-cSpecial Plan for Westchester County Correction Officers (Sections 89-e and 603(b))
… (Return to Top) (Return to Top) (Return to Top) (Return to Top) (Return to Top) VO1810 (Rev. 6/12) © 2012, New York …
https://www.osc.ny.gov/retirement/publications/special-plan-westchester-county-correction-officers-sections-89-e-and-603bOpinion 2003-3
… State Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other things, … GENERAL MUNICIPAL LAW §§217, 219: The maximum benefit that may be provided under a defined benefit plan service award … of forty years of firefighting service. A fire district may not establish a defined benefit plan service award …
https://www.osc.ny.gov/legal-opinions/opinion-2003-3Opinion 95-5
… discussed in the opinion. COUNTIES -- Emergency (911) Telephone System (use of surplus surcharge revenue to pay … a county which has implemented the enhanced emergency telephone system (E911) surcharge authorized by County Law, … and administration by counties of enhanced emergency telephone service ("E911"). Generally, Article 6 provides …
https://www.osc.ny.gov/legal-opinions/opinion-95-5State Contract and Payment Actions in September
… $9.1 million with the Boston Consulting Group Inc. for management consulting services to support the New York State … $7.9 million with Vector Construction Corp. for NY Route 23 bridge replacement over Unadilla River in Chenango and Otsego Counties. $3.9 million with …
https://www.osc.ny.gov/press/releases/2024/10/state-contract-and-payment-actions-septemberCity of Mechanicville – Separation Payments (2025M-59)
… resignation or retirement), the employee may be entitled to receive separation payments for compensation of their … A city may also establish “retirement incentives” to officers or employees that meet specified requirements … are authorized and accurate before making payments to maintain financial integrity and limit financial losses …
https://www.osc.ny.gov/local-government/audits/city/2026/04/03/city-mechanicville-separation-payments-2025m-59NYSLRS Announces Employer Contribution Rates for SFY 2026-27
… average contribution rates will increase from 16.5% to 17.6% of payroll for the Employees’ Retirement System (ERS) and from 33.7% to 36.5% of payroll for the Police and Fire Retirement System … which pay service and disability retirement benefits to state and local public employees and death benefits to …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27DiNapoli Statement on the MTA's July Financial Plan
… regarding the Metropolitan Transportation Authority’s July Financial Plan . “The MTA’s revised ridership … and plan for long-term service challenges. The MTA’s July financial presentation shows operating budget gaps when … regarding the Metropolitan Transportation Authoritys July Financial Plan …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-statement-mtas-july-financial-planEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
… Purpose To determine the extent of implementation of the three recommendations included in our initial audit … Educators for Children, Youth and Families, Inc. - Use of Contract Funds (Report 2007-S-128). Background Our initial … Determine the extent of implementation of the 3 recs included in our initial audit …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followAccounts Payable Advisory No. 3
… Subject: Selecting the Correct Address Sequence Vendors that provide goods and services … accounts. The Statewide Financial System may have multiple Address Sequences associated with a Vendor ID. While some vendors have a single default address which will accept all payments for a vendor, others …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/3-address-sequencePoughkeepsie City School District – Internal Controls Over Purchasing and Claims Processing (2012M-179)
… $50,000 on a contract with a certified public accountant (CPA) to provide services as the District’s claims auditor and the CPA did not perform the services in accordance with the … auditing services that were not properly rendered by the CPA firm. Ensure that all claims contain sufficient …
https://www.osc.ny.gov/local-government/audits/school-district/2013/01/11/poughkeepsie-city-school-district-internal-controls-over-purchasing-andAfton Fire Company Emergency Squad – Internal Controls Over Financial Operations (2013M-275)
… Purpose of Audit The purpose of our audit was to determine whether Company controls are adequate to ensure that financial activity is properly recorded and … moneys are safeguarded for the period January 1, 2011 to August 6, 2013. Background The Afton Hose Company …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/03/afton-fire-company-emergency-squad-internal-controls-over-financialVillage of Endicott -- Budget Review (B17-4-7)
… fiscal year. Background The Village of Endicott is located in Broome County. Chapter 91 of the Laws of 2004 authorized … funds' tentative budgets are not balanced and include a deficit of $200,000 in the water fund (5.4 percent of the … fiscal year. The Village's tentative budget included a tax levy of $8,586,051, which exceeds the Village's tax …
https://www.osc.ny.gov/local-government/audits/village/2017/04/14/village-endicott-budget-review-b17-4-7