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New York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… Pension Funds have been appointed co-lead plaintiffs in a derivative lawsuit filed against certain officers and … employees to perform sex acts, allegations detailed in a January 26, 2018 Wall Street Journal exposé revealing Mr. … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United States …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceExxon'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 …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planDiNapoli Releases July State Cash Report
… State tax collections totaled $24.2 billion over the first four months of the state fiscal year (SFY), a drop of $1.1 billion, or 4.4 … from the prior month. The cash report focuses primarily on the General Fund and All Governmental Funds. The General …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-releases-july-state-cash-reportNYS Common Retirement Fund Announces First Quarter Results
… overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, … investments through the opening months of the state fiscal year," DiNapoli said. "As a long term investor, the fund's … value as of the March 31, 2017 end of the state fiscal year was revised upward to $192.1 billion from an initial …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Failed to Block Payments to Providers Supplying Controlled Substances Beyond Legal Limits
… New York’s Medicaid system overpaid pharmacies by more than $1.1 million over a five-year period for narcotics and other controlled … due to the inherent risk of drugs ordered in this manner being diverted for inappropriate or unauthorized use. …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-failed-block-payments-providers-supplying-controlled-substances-beyond-legal-limitsOpinion 93-15
… received or disbursed any moneys in the previous fiscal year "shall account with the town board for such moneys and … within 60 days after the close of the library's fiscal year (General Municipal Law, §30[5]). In addition, the …
https://www.osc.ny.gov/legal-opinions/opinion-93-15Opinion 91-63
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … same building in which the store is located. We assume, for purposes of this opinion, that the councilman is not an … relate to conflicts of interest of municipal officers and employees. Pursuant to General Municipal Law, §800(3), a …
https://www.osc.ny.gov/legal-opinions/opinion-91-63DiNapoli: Audit Finds Additional $150,000 Stolen by Beekman Town Official
… by overseeing Knapp’s processing of cash receipts. As a result, $149,219 in cash submitted from the town’s recreation …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-audit-finds-additional-150000-stolen-beekman-town-officialOpinion 92-36
… Powers and Duties (imposition of surcharge to finance E911 system); (implementation of E911 system on a part-county … in order to finance the implementation of an enhanced 911 emergency telephone system in an area encompassing less … an agency whose municipal fathers have spent the money to upgrade their 911 service area should pay the surcharge". …
https://www.osc.ny.gov/legal-opinions/opinion-92-36Maximizing Incentives for Individuals With Disabilities
… Objective To determine whether the Office of Mental Health (OMH) has … New York Employment Service System (NYESS) and the Ticket to Work (TTW) program to promote and place individuals with a disability in competitive employment. The audit covered the period from …
https://www.osc.ny.gov/state-agencies/audits/2022/08/30/maximizing-incentives-individuals-disabilitiesDiNapoli: Wyandanch Public Library Audit Reveals Missing Cash, Excess Benefits
… The audit findings have been turned over to Suffolk County District Attorney Thomas J. Spota for review. DiNapoli made …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-wyandanch-public-library-audit-reveals-missing-cash-excess-benefitsXIX.4 Suballocations – XIX. Project Costing (PCIP)
… from other state agencies to support their efforts on the activities of the overall project as well as the need for sharing the funding of the project. When this need arises, the owning agency of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix4-suballocationsXV.13 Federal Funds – Payments – XV. End of Year
… In order for the State to be reimbursed for payments made from federal funds by the … vouchers and journal transfers including fringe benefit payments must be paid by the date identified in the Office of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv13-federal-funds-paymentsDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… a balanced budget for FY 2016 with relatively small gaps in the following three years, according to a review of the … and a major source of tax revenue, added 2,300 jobs in 2014 (the first job gains since 2011) and is on pace to … needs averaging nearly $1.3 billion annually beginning in FY 2016. To its credit, the city has resumed the process …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… for each of those years. Following law enforcement’s discovery of KLEIN’s embezzlement in September 2015, KLEIN …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-former-mahopac-vfd-treasurer-sentenced-after-56-million-embezzlementState Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources
… The state collected $153.3 billion in State Fiscal Year (SFY) 2015-16, an increase of 2.8 percent from a year earlier, and ended …
https://www.osc.ny.gov/press/releases/2016/05/state-ends-2015-16-fiscal-year-strong-cash-position-largely-temporary-resourcesState Agencies Bulletin No. 2134
… Purpose: As we await the enactment of the New York State (NYS) fiscal year 2023-24 budget, OSC would like to provide notice of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2134-paycheck-distribution-may-4-2023-institution-cycle-paychecksDiNapoli: Localities Spending More to Address Climate Change Hazards
… as increased flooding and storm damage, according to a report released today by State Comptroller Thomas P. … and villages surveyed reported undertaking comprehensive tree inventory and management plans, including the cities of …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-localities-spending-more-address-climate-change-hazardsDiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… billion higher than the forecast released by the Division of the Budget (DOB) in the Amended Executive Budget financial plan at the beginning of March but $9.5 billion lower than the previous year, … of 2022. “The financial position of the state remains on a solid footing, for now,” DiNapoli said. “While tax …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearNYS Common Retirement Fund Announces Second Quarter Results
… out during the quarter. The Fund ended its first quarter on June 30, 2016 with an overall return of 2 percent and an … performance reporting by the Fund in 2009 as part of his on-going efforts to increase accountability and transparency. … assets of the New York State and Local Retirement System on behalf of more than one million state and local government …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-results