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State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… results. The program has returned nearly $300 million to the state pension fund and supported thousands of jobs … for new investments through the program. For information, visit: http://www.osc.state.ny.us/pension/instate/ For a copy … Graycliff Partners visit http://www.graycliffpartners.com/ . About the Common Retirement Fund New York State …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesState Comptroller DiNapoli Releases Municipal Audits
… the FFI tax money. The fire chief was solely responsible for disbursing, recording and reporting all transactions … transactions. In addition, a dedicated computer was used for online banking but authorized users were not provided … County) The Justice Court did not properly account for court funds. The Justice was unaware that in August …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-auditsSubway Wait Assessment
… City Transit (Transit) provides passengers service on all of its lines that meets its minimum service frequency … 6, 2015. Background Transit is a constituent agency of the Metropolitan Transportation Authority (MTA). It serves … 1904, the subway system has grown to 469 stations, most of which were built by 1940. Wait assessment is a statistic …
https://www.osc.ny.gov/state-agencies/audits/2016/04/06/subway-wait-assessmentNational Investors Call for Workplace Disability Inclusion
… California State Teachers Retirement System (CalSTRS), and Fortune 500 asset manager Voya Financial. “Disability …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionState Comptroller DiNapoli Releases Audits
… children are transported to school daily across the state, with one third riding School District-owned buses, one third … its efforts to monitor School Districts’ compliance with its requirements and, consequently, did not have … construction site inspections to ensure permittees comply with the laws, regulations, and permit specifications and …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-auditsDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… by New York State Comptroller Thomas P. DiNapoli shows the challenges faced by the state’s school districts are as … a complex set of state rules and local needs to determine how to best educate our children and pay for it,” DiNapoli … identifies the regional changes and trends that could impact district budgets now and in the future. It is a useful …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityState Comptroller DiNapoli Releases Municipal & School Audits
… improvement project (CIP) were procured in accordance with district policies, statutory requirements and good … for the operation of the investment program in compliance with the board investment policy. Officials also did not … adequate bylaws or written policies or enforce compliance with the limited bylaws and policies that it adopted or …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 89-20
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Codes of Ethics … of a fire district located within the town. We are in receipt of your letter concerning the town's code of … powers and duties of another municipality. Accordingly, in responding to your inquiry, we cannot comment upon the …
https://www.osc.ny.gov/legal-opinions/opinion-89-20DiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… to managed care organizations (MCOs) for premiums over a more than four year period, according to an audit released today by State Comptroller Thomas P. DiNapoli. “System flaws and … creating a control to prevent confirmed multiple CINs from being reused in the future. DOH agreed with many of the audit …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsState Comptroller DiNapoli Releases Audits
… for operations. Auditors found that the Sunnyside Manor development’s Board of Directors (Board) held a checking … three fiscal years ended March 31, 2022) separate from the development’s operating accounting that, according to the … UI system infrastructure while a new system was in development. DOL officials made some progress addressing the …
https://www.osc.ny.gov/press/releases/2024/07/state-comptroller-dinapoli-releases-auditsComptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Depew Union Free School District , Erie 1 BOCES , … fund balance to exceed the statutory limit. As of June 30, 2015, unrestricted fund balance totaled $3.8 million and was 9 percent of 2015-16 budgeted appropriations, which exceeded the limit …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… review bank and investment statements and canceled check images. The board also did not obtain an annual independent …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-1State Comptroller DiNapoli Releases Audits
… Qualifications, Hiring, and Promotions (Follow-Up) (2021-F-27) A January 2019 audit determined that, while the MTA allows … and Summer Youth Employment Contracts (Follow-Up) (2022-F-11) The initial audit, issued in June 2019, determined DYCD …
https://www.osc.ny.gov/press/releases/2022/10/state-comptroller-dinapoli-releases-audits-0Crown Point Central School District - Claims Auditing (2018M-76)
… Audit and approve claims before payment in accordance with New York State Education Law (Education Law). 1 District officials generally agreed with our recommendations and indicated they planned to …
https://www.osc.ny.gov/local-government/audits/school-district/2018/06/08/crown-point-central-school-district-claims-auditing-2018m-76Hubbardsville Fire District - Board Oversight (2018M-107)
… inventory records and reconcile to physical inventories on hand. District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/08/31/hubbardsville-fire-district-board-oversight-2018m-107West Fort Ann Volunteer Fire Company – Internal Controls Over Financial Activities (2014M-242)
… 2014. Background The West Fort Ann Volunteer Fire Company is a not-for-profit volunteer organization located in the … Town of Fort Ann in Washington County. The Company, which is governed by a six-member Board of Directors, contracts …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/11/14/west-fort-ann-volunteer-fire-company-internal-controls-overMore About This Retirement Plan – Police and Fire Plan
… These benefits are provided by Sections 375-b and 375-c of the New York State Retirement and Social Security Law … York State Legislature. PFRS members employed by the City of Yonkers who joined July 1, 2009 through January 8, 2010 … and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-planTown of Russia – Financial Management (2014M-212)
… The Town of Russia is located in Herkimer County and has a population of approximately 2,600. The Town is … Town Board which is responsible for the general management and control of the Town’s financial and operational affairs. Expenditures for the general and …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-russia-financial-management-2014m-212City of Hornell – Foreign Fire Insurance Tax Money (2020M-140)
Determine whether City of Hornell City officials provided oversight of foreign fire insurance FFI tax money
https://www.osc.ny.gov/local-government/audits/city/2021/03/12/city-hornell-foreign-fire-insurance-tax-money-2020m-140State Comptroller DiNapoli Releases Local Government Audits
… properly and deposited intact but were not always remitted to the appropriate parties in a timely manner. Town of Howard … did not provide the board with the necessary information to assess the town’s financial position. … New York State …
https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-local-government-audits