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Opinion 90-37
… §1-102(1): This section does not require either a public hearing or public sale for the sale of unneeded village real … village real property based upon a determination that the proposed use of property by the higher offeror, although … duty to secure the best price obtainable in their judgment or the most beneficial terms in the public interest …
https://www.osc.ny.gov/legal-opinions/opinion-90-37XI.11.D Equipment and Software Maintenance Contracts – XI. Procurement and Contract Management
… equipment, and computer hardware. Maintenance can be preventive and/or remedial in nature. Preventive … and to help extend the useful life of the equipment. It can include the systematic inspection of equipment and … after an agency has purchased and installed it. It can include version and release upgrades, security updates or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11d-equipment-and-software-maintenance-contractsUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… The Fund invested in the company through Trillium Group, a managing partner for the In-State Program, in 2010 … in companies located in the Finger Lakes region. "Trillium Group is pleased to have provided ClearMomentum with the … region," said Kevin Phelps, general partner for Trillium Group. The In-State Private Equity Investment Program, …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… Common Retirement Fund (Fund) has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … State Common Retirement Fund has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programArea #12 – Information Technology Contingency Planning – Information Technology Governance
… equipment destruction, inadvertent employee action or a natural disaster, such as a flood or fire. The plans, … involving the corruption or loss of data or other computer resources from ransomware, hardware failure or human error, … Procedures A backup is a copy of data files and software programs made to replace original versions if there is loss …
https://www.osc.ny.gov/local-government/publications/it-governance/area-12-information-technology-contingency-planningNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… (SEC) adoption of the Climate Change Disclosure Rule: “This is a significant victory for investors who are … voting and engagements with portfolio companies. “This rule is a critical step toward greater transparency and … done. Investors must be vocal in the protection of this rule and continue to advocate for further disclosure, like …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… companies need to grow their businesses. These investments aim to generate returns for the pension fund, while helping …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundDiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… Thomas P. DiNapoli today announced that after 16 years of distinguished service, David Peirez is stepping down as Chairman of the Real Estate Advisory Committee (REAC) for the New York … Retirement Fund. DiNapoli also announced the appointment of Louis Dubin, a member of REAC since 2003, as the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeDiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets
… International Inc., aluminum producer Century Aluminum Co. and Spirit Reality Inc., a real estate investment trust. The Kraft Heinz Co. agreed to establish deforestation-free sourcing policies … sustainable opportunities for the Fund’s investments. As part of his comprehensive Climate Action Plan to protect …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-pension-fund-reaches-agreements-companies-evaluate-and-set-greenhouse-gas-emissionsState Comptroller DiNapoli Releases Municipal Audits
… made to obtain the best price. None of the 10 professional service providers reviewed with payments totaling $250,200 … balance and reserve policies. County of Otsego Industrial Development Agency (COIDA) – Oneonta Rail Yards Acquisition … plan for the 2017 acquisition of the rail yards. The property was acquired based on a $6 million to $20 million …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… Thomas P. DiNapoli today announced his appointment of Navyug “Nav” Patel as deputy chief investment officer of the New York State Common Retirement Fund. Patel has … deputy CIO since July 2018. “Nav Patel brought a wealth of investment skills to the New York State Common Retirement …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fundAccounts Payable Advisory No. 46
… Subject : Updated proper invoice guidance. Guidance : The Office of the State Comptroller (OSC) has updated the policies and procedures regarding a proper … Updated proper invoice guidance …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/46-proper-invoiceSchoharie Central School District - School Lunch Operations (2019M-19)
… whether District officials properly managed school lunch operations. Key Findings Over the last three years, the school lunch fund incurred operating deficits totaling over $151,500 … whether District officials properly managed school lunch operations …
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/19/schoharie-central-school-district-school-lunch-operations-2019m-19DiNapoli Statement on Retirement of Rep. Carolyn McCarthy
… Island will lose a strong advocate with the retirement of Rep. Carolyn McCarthy next year. After a gunman took her … health, and thank her deeply for more than two decades of dedicated service to Long Island, to New York state and to … Island will lose a strong advocate with the retirement of Rep Carolyn McCarthy next year …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-statement-retirement-rep-carolyn-mccarthyState Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… campaign for or against a candidate, or to influence the public for an election or referendum. They also asked the … York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22Corporate Governance
… see the New York State Common Retirement Fund's 2026 Stewardship Priorities . Proxy Voting The Fund votes by … as well as those of select non-U.S. companies. During the 2025 Proxy Season (calendar year 2025), the Fund cast 29,674 votes on ballot items at 3,272 …
https://www.osc.ny.gov/common-retirement-fund/corporate-governanceCity of Mechanicville – Procurement (2025M-60)
… [read complete report – pdf] Audit Objective Did City of Mechanicville (City) officials procure goods and services in accordance with the City’s procurement policy, statutory requirements and … 2022 – September 30, 2024 Understanding the Audit Area One of the best methods for helping ensure that goods and …
https://www.osc.ny.gov/local-government/audits/city/2026/04/03/city-mechanicville-procurement-2025m-60Hancock Central School District - Non-Resident Student Tuition - 2021M-208
Determine whether Hancock Central School District (District) officials established non-resident tuition (NRT) rates in the best interest of District taxpayers.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/hancock-2021-208.pdfGovernor Cuomo and Comptroller DiNapoli Appoint First-Ever Decarbonization Advisory Panel
… Comptroller DiNapoli said . "We are managing climate risk to keep our pension fund strong and protect the … strategies including: expanding the Fund's low-carbon index for public equity holdings, divesting from significant … tools and strategies for managing climate investment risk, and capitalizing on innovation opportunities. George …
https://www.osc.ny.gov/press/releases/2018/03/governor-cuomo-and-comptroller-dinapoli-appoint-first-ever-decarbonization-advisory-panel