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Oversight of School Fire Safety Compliance
… Our audit did not include a review of compliance issues for schools operating within New York City. The audit covered … May 18, 2016. Background The Department is responsible for overseeing school fire safety and for ensuring schools comply with fire safety provisions …
https://www.osc.ny.gov/state-agencies/audits/2016/08/24/oversight-school-fire-safety-complianceDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Emerging Manager Conference. “The emerging manager program increases our access to investment opportunities and broadens … $500 million allocation to Artemis Real Estate Partners for real estate investments, an additional $300 million … to Bank of America Merrill Lynch Capital Access Funds for private equity investments and a $400 million commitment …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programState Comptroller DiNapoli Releases School Audits
… inhibited effective financial management and justification for the levels of accumulated fund balance and reserves. Lyme … to close projected budget gaps totaling $1.6 million for the 2020-21 through 2022-23 fiscal years though the … financial and capital plans to provide a framework for developing the annual budgets and addressing future …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsState Agencies Bulletin No. 1745
… the following: Evaluate NYSLRS Reportable Employees for enrollment purposes. Calculate Service Credit for NYSLRS Reportable Employees. Update the plan, election … contribution rate on the Retirement Plans page in PayServ for existing members, mandatory members reported to them by …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1745-payserv-updates-resulting-new-york-state-and-local-retirement-systemMedgar Evers College – Controls Over Bank Accounts
… College (MEC) bank accounts were authorized and used only for appropriate purposes and transactions. The audit covers MEC bank accounts for the period of January 1, 2013 through March 4, 2015. … consisting of 24 institutions. CUNY provides education for more than 269,000 degree-credit students and 247,000 …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/medgar-evers-college-controls-over-bank-accountsDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… thousands of jobs and grow while achieving solid returns for the retirement system members and their beneficiaries that rely on the pension fund for their retirement security,” DiNapoli said. “We’ve …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesDiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… 6 attack on the Capitol show just how risky it can be for companies to fund political agendas,” DiNapoli said. “Corporate accountability is a priority for our pension fund and, since the Citizens United ruling, … is in shareholders’ interests. I commend Hanesbrands for taking this step toward transparency.” The maker of Hanes …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyState Comptroller DiNapoli Announces Latest Fiscal Stress Scores
… has increased each year from 122 in 2013 to 138 in 2016. For a list of non-filers for fiscal year ending 2016, visit: … For a list of persistent non-filers – those local governments …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-announces-latest-fiscal-stress-scoresState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… has committed an additional $50 million for investments in New York State-based companies through its In-State Private … history of investing in and growing lower middle market businesses by supporting strong management teams and …
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
… to address them. The audit primarily covers the period March 1, 2013 through February 6, 2015. Background Transit is … of 80.3 percent for 2013 and 78.8 percent for 2014. As of June 2015, the year-to-date assessment performance was 78.4 …
https://www.osc.ny.gov/state-agencies/audits/2016/04/06/subway-wait-assessmentNational Investors Call for Workplace Disability Inclusion
… the nation's leading institutional investors and pension funds marks a key turning point in the disability rights …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionState Comptroller DiNapoli Releases Audits
… appropriately collect taxes and suggested recommendations for how the Department could improve oversight of … to young children with disabilities. CPN is reimbursed for these services through rates set by SED. Auditors looked … My Children Day Care (AMC) is a New York City-based not-for-profit organization authorized by SED to provide Special …
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
… labor force mix and demographics all have implications for spending, pupil outcomes and the delivery of services, … to determine how to best educate our children and pay for it,” DiNapoli said. “My office’s report identifies the … Valley and North Country rely on state and federal sources for two-thirds of their revenue. Spending Outpaces Inflation …
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
… The board did not adopt written policies and procedures for cash receipts and disbursements and online banking. In … former bookkeeper were referred to outside law enforcement for review. Brighton Central School District – Procurement … Over an 18-month period, officials missed an opportunity for BOCES to realize additional interest earnings totaling …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 89-20
… of ethics, but has not established specific procedures for submitting questions to this board. On behalf of the fire … school district to adopt a code of ethics setting forth for the guidance of its officers and employees the standards … are authorized, but not required, to adopt codes of ethics for the guidance of fire district officers and employees. …
https://www.osc.ny.gov/legal-opinions/opinion-89-20State Comptroller DiNapoli Releases Audits
… Developments Located Outside New York City – Sunnyside Manor: Unauthorized Bank Account (2024-S-12) The … expenses for operations. Auditors found that the Sunnyside Manor development’s Board of Directors (Board) held a … transactions, totaling $51,048, paid from Sunnyside Manor’s operating account to the Board-held account. Bank …
https://www.osc.ny.gov/press/releases/2024/07/state-comptroller-dinapoli-releases-auditsComptroller DiNapoli Releases School Audits
… $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … with any evidence to indicate that the established fees for the adult education services were reasonable or related … BOCES employee audited all district claims including those for BOCES-provided services. Because the district is one of …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… certified. Officials also accepted incomplete time records for processing payroll and none of the 67 timecards reviewed contained all punches for time in/out. Additionally, inaccurately calculated … collection records and staff did not issue receipts for collections or maintain inventory records for the …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: State Faces $34.3 Billion Cumulative Budget Gap Through State Fiscal Year 2029
… by the Division of the Budget (DOB). When accounting for recent federal actions, the gaps as a share of spending … the economic forecast and projected revenues, as well as increases in projected spending. “The Financial Plan paints a … uncertainties” reserve into the Rainy Day Reserve Fund. No increases in principal reserves are planned for the Financial …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-faces-343-billion-cumulative-budget-gap-through-state-fiscal-year-2029