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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to two investment funds through its In-State Private Equity Investment Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. “The In-State Program has helped …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesDiNapoli Urges Department of Labor to Improve Investigations of Hours Worked by Nurses
… of Labor (DOL) does not investigate overtime complaints by nurses in a consistent or timely basis, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. "Patients … and longer shifts for nurses need to be watched closely by the state so patient care is not jeopardized, nurses are …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-urges-department-labor-improve-investigations-hours-worked-nursesDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… to help diversify the Fund’s investments and expand its pool of investors. DiNapoli made the announcement at the … our access to investment opportunities and broadens the pool of talented investment managers who want to do business …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programState Comptroller DiNapoli Announces Municipal Audits
… of Electricity and Natural Gas through Aggregators (2018MS-5) Local governments and school districts did not always …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-announces-municipal-auditsState Comptroller DiNapoli Releases School Audits
… Thomas P. DiNapoli today announced the following school audits were issued. Alden Central School District – Fuel Management (Erie, Genesee and Wyoming … who had access to the district’s fuel tanks. Avon Central School District – Financial Management (Monroe County) The …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsOversight of School Fire Safety Compliance
… determine if the State Education Department (Department) is providing effective oversight to ensure school compliance with required fire safety procedures … 1, 2013 through May 18, 2016. Background The Department is responsible for overseeing school fire safety and for …
https://www.osc.ny.gov/state-agencies/audits/2016/08/24/oversight-school-fire-safety-complianceNew York State Health Insurance Program – Payments by CVS Health for Pharmacy Services for Ineligible Members
… claims totaling $14.9 billion. Civil Service maintains eligibility and enrollment records for NYSHIP members in the New York Benefits Eligibility and Accounting System (NYBEAS). Typically, … have Health Benefits Administrators (HBA) that process eligibility transactions in NYBEAS. Civil Service sends CVS …
https://www.osc.ny.gov/state-agencies/audits/2021/09/29/new-york-state-health-insurance-program-payments-cvs-health-pharmacy-services-ineligibleOversight of Contract Expenditures of Palladia, Inc. (Follow-Up)
… largest and most diverse programs for the prevention and treatment of alcohol and substance abuse. Its mission is to … which Palladia would provide drug and alcohol addiction treatment services. During fiscal year 2017-18, Palladia … served 603 individuals in the fields of residential treatment, outpatient treatment, and scattered-site housing. …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/oversight-contract-expenditures-palladia-inc-followState Comptroller DiNapoli Releases Municipal Audits
… Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program (2022M-36) The board did not properly manage and monitor the revolving loan fund program. As a result, the board cannot ensure the loan proceeds were used to further the corporation’s mission. …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-0Oversight of Campus Foundations (Follow-Up)
… Foundations (Report 2016-S-93 ). About the Program The State University of New York’s (SUNY) State-operated campuses are authorized to contract with …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/oversight-campus-foundations-followState Comptroller DiNapoli Releases School District Audits
… issued. Nanuet Union Free School District – Network User Accounts and Information Technology (IT) Plan (Rockland … County) District officials did not ensure network user accounts were needed, and they did not adopt an adequate IT … to identify and disable unnecessary network user accounts. As a result, there were 18 accounts that should …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-school-district-auditsSelected Performance Measures (Follow-Up)
… However, the two components used in the calculation – mileage and failures – were not accurate. Mileage was overstated and failures were understated. …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/selected-performance-measures-followDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (CRF or the Fund) has created a $2 billion strategic partnership with … strategies viewed as having strong potential to enhance the Fund’s return. The partnership is the first of its kind …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsNYS Common Retirement Fund Reports First Quarter Results
… mortgages (24.8 percent), private equity (9.2 percent), real estate and real assets (8.5 percent) and absolute return … plans in the nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: Former Vernon Center Fire Department Treasurer Pleads Guilty to Stealing Over $300,000
… Jonnell Rose, former Treasurer of the Vernon Center Fire Department, pled guilty to stealing … said, “This crime is particularly disturbing because of the victims that were targeted, the community and the fine … Office for their hard work as well as the efforts of my Assistant, ADA Paul Kelly, who ensured that the …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-former-vernon-center-fire-department-treasurer-pleads-guilty-stealing-over-300000Implementation of the Security Guard Act (Follow-Up)
… of Licensing Services (Division), oversees the licensure, registration, and regulation of 36 occupations throughout New … individuals and businesses and uses its licensing and business filing capacities to promote business growth while protecting the health and safety of New …
https://www.osc.ny.gov/state-agencies/audits/2023/09/29/implementation-security-guard-act-followState Comptroller DiNapoli Releases Audits
… were issued. North Syracuse Central School District – Professional Services (Onondaga County) District officials … in the most economical manner and in the best interest of the taxpayers. District officials paid $1.2 million to six … procedures, records and reports. The board also did not conduct, or contract for, an annual audit of the supervisor’s …
https://www.osc.ny.gov/press/releases/2022/08/state-comptroller-dinapoli-releases-auditsCity of Amsterdam – Budget Review (B20-5-8)
… deficits in the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. On June … for the transportation fund, $512,675 for the sewer fund and $763,844 for the recreation fund. Key Findings Based on … of our review, we found that certain significant revenue and expenditure projections in the 2020-21 adopted budget are …
https://www.osc.ny.gov/local-government/audits/city/2020/09/25/city-amsterdam-budget-review-b20-5-8Schuyler County – Treasurer’s Office (2014M-186)
… our audit was to examine the operations of the Treasurer’s office for the period January 1, 2011 through September 11, … processing the various financial transactions handled by office staff. As a result, there is a lack of segregation of … AUD was not supported by the accounting records because office staff did not make all of the correcting entries. …
https://www.osc.ny.gov/local-government/audits/county/2014/10/03/schuyler-county-treasurers-office-2014m-186Dual Employment
… by UCS require non-judicial employees to obtain in writing prior to engaging in any outside employment. Such … nine occasions where the hours worked conflicted. The two cases included patterns of claiming to be working two places … The Inspector General of UCS should investigate the cases we identified and take appropriate actions as …
https://www.osc.ny.gov/state-agencies/audits/2013/12/18/dual-employment