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DiNapoli: State Pension Fund Posts Strong 11.94% Annual Return, Closes at Record High of $295.4 Billion
… of 11.94% for the state fiscal year ending March 31, 2026, closing at a record-high estimated value of $295.4 … billion paid out during the fiscal year. As of March 31, 2026, the Fund had 39.4% of its assets invested in publicly … meet long-term obligations than its peers and is able to weather market volatility. The funded status was 92.2%, as of …
https://www.osc.ny.gov/press/releases/2026/05/dinapoli-state-pension-fund-posts-strong-11-point-94-percent-annual-return-closes-at-record-high-295-point-4-billionState Comptroller DiNapoli Releases Municipal Audits
… Local Development Corporation – Project Approval and Monitoring (Suffolk County) The board did not properly approve and monitor projects and did not incorporate job creation and retention goals into …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-1Internal Controls Over Selected Financial Operations (Follow-Up)
… as manufacturing and wholesale licenses, special event and brand label permits, and miscellaneous permits such as those … operations to provide reasonable assurance that State assets and information were appropriately managed and …
https://www.osc.ny.gov/state-agencies/audits/2022/08/19/internal-controls-over-selected-financial-operations-followState Comptroller DiNapoli Releases Municipal Audits
… did not properly account for, report, deposit, record and remit all collections to the appropriate parties in a timely and accurate manner. As a result of the audit and investigation, the former clerk pleaded guilty to …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-auditsOversight of Dam Safety
… occurred throughout U.S. history, causing immense property and environmental damage and ending thousands of lives. As the nation’s dams age and the population increases, the potential for deadly dam …
https://www.osc.ny.gov/state-agencies/audits/2025/02/21/oversight-dam-safetyCompliance With School Safety Planning Requirements
… For example, one plan included an incorrect main phone number for the school and incorrectly listed key … Plans addresses accuracy and completeness (e.g., correct phone numbers, required number of alternate exits). Review …
https://www.osc.ny.gov/state-agencies/audits/2019/06/12/compliance-school-safety-planning-requirementsDiNapoli Releases Recommendations From Decarbonization Advisory Panel
… change on the New York State Common Retirement Fund (Fund) and recommends ways for the Fund to build on its climate change work to protect and add value for the public workers that rely on it for … for a public pension fund, was formed by Gov. Andrew Cuomo and DiNapoli in 2018 and members were appointed in March …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelState Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued. Town of Coxsackie – Supervisor’s Records and Reports (Greene County) … or maintain accurate accounting records or prepare monthly bank reconciliations. As a result, the total cash balance in … unremitted funds totaling $138,050 in the tax collection bank accounts. The funds should have been remitted to the …
https://www.osc.ny.gov/press/releases/2025/06/state-comptroller-dinapoli-releases-municipal-auditsTown of White Creek – Board Oversight of Financial Activities (2013M-64)
… The Town of White Creek is located in Washington County and has a population of approximately 3,400. The Town is … Town Board, which consists of the Town Supervisor and four council members. Budgeted 2013 appropriations were $271,156 for the general fund and $672,290 for the highway fund. Key Findings Our audit …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-white-creek-board-oversight-financial-activities-2013m-64Town of Caledonia – Financial Management (2013M-363)
… The Town of Caledonia is located in Livingston County and is governed by an elected Town Board comprising a Supervisor and four Board members. The Town’s 2013 budgeted … million. Key Findings The Board did not develop policies and procedures for budget preparation and monitoring and, as …
https://www.osc.ny.gov/local-government/audits/town/2014/03/28/town-caledonia-financial-management-2013m-363DiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… In New York, 55% of households headed by a Hispanic person, 50% of households headed by a Black or African American person and 48% of households headed by an Asian person had at least one housing insecurity problem, compared …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Comptroller DiNapoli Releases Audits
… issued. Town of Hempstead – Budgeting (Nassau County) The board did not adopt realistic and appropriate budgets, and … collections received in a timely and accurate manner. The board did not annually audit or obtain an audit of the … in the fourth degree and official misconduct. On Dec. 14, 2021, the clerk pleaded guilty to Attempted …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-releases-auditsSelkirk Fire Company No. 2 – Board Oversight (2021M-122)
… whether the Selkirk Fire Company No. 2 (Company) Board of Directors (Board) provided adequate oversight of financial operations. Key Findings The Board did not provide adequate oversight of financial operations and cannot be assured all moneys … Determine whether the Selkirk Fire Company No 2 Company Board of Directors Board provided adequate oversight of …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2021/12/29/selkirk-fire-company-no-2-board-oversight-2021m-122Office of Operations: 2025 Virtual Fall Conference
… System (EDSS) Course Length: 1.5 hours Join WebEx Add to Outlook Presentation (PDF) 11:00 – 12:00: Vendor … core requirements. Course Length: 1 hour Join WebEx Add to Outlook Presentation (PDF) 1:30 – 3:00: … concepts Course Length: 1.5 hours Join WebEx Add to Outlook Presentation (PDF) Tuesday, October 7 …
https://www.osc.ny.gov/state-agencies/outreach/office-operations-2025-virtual-fall-conference-archivedVillage of Delanson – Internal Controls Over Selected Financial Operations (2012M-232)
… The purpose of our audit was to examine disbursements and the real property tax and water rent billings and collections for the period June 1, 2010, to April 30, …
https://www.osc.ny.gov/local-government/audits/village/2013/03/29/village-delanson-internal-controls-over-selected-financial-operations-2012m-232State Comptroller DiNapoli Releases School District Audits
… participated in the budgeting process or identify what reports the committee receives or how they are reviewed. …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-releases-school-district-auditsOffice of Operations: 2024 Virtual Fall Conference
… Subscribe to Receive Annual Fall Conference Announcements and Updates WHEN October 28 - November 4 REGISTRATION No … the Office of Operations' Bureau of Analysis, Support, and Knowledge Transfer at [email protected] if you have … Monday, October 28 9:00 – 12:00: The Procurement Timeline and Electronic Procurement Record This session will provide …
https://www.osc.ny.gov/state-agencies/outreach/office-operations-2024-virtual-fall-conference-archivedTown of Maryland - Financial Management (2018M-121)
… Determine whether the Board established a fund balance and reserve policy and multiyear financial and capital plans to address the Town’s operational and …
https://www.osc.ny.gov/local-government/audits/town/2018/09/07/town-maryland-financial-management-2018m-121Town of St. Armand – Selected Financial Operations (2017M-142)
… to determine whether the Supervisor maintained complete and accurate accounting records and reports to allow the Board to effectively monitor the Town’s financial operations and its overall financial condition; whether Town officials …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-st-armand-selected-financial-operations-2017m-142Chestertown Volunteer Fire Company – Financial Operations (2017M-1)
… was to assess the adequacy of the Treasurer’s records and reports and evaluate the internal controls over collections and disbursements for the period April 1, 2015 through August …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2017/06/16/chestertown-volunteer-fire-company-financial-operations-2017m