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Town of Seneca Falls - Financial Management (2018M-266)
… oversight of the Town’s financial operations. Key Findings In 2017, total unrestricted fund balances in the general, water and sewer funds were $2.7 million, $1.7 …
https://www.osc.ny.gov/local-government/audits/town/2019/04/05/town-seneca-falls-financial-management-2018m-266Town of Lewisboro – Financial Condition (2014M-309)
… June 30, 2014. Background The Town of Lewisboro is located in Westchester County and has a population of approximately … and maintain a reasonable amount of fund balance in all Town funds. Develop a comprehensive multiyear …
https://www.osc.ny.gov/local-government/audits/town/2015/02/20/town-lewisboro-financial-condition-2014m-309New York State Common Retirement Fund
… Retirement Fund is one of the largest public pension plans in the United States, providing retirement security for over … of being one of the best-managed and best-funded plans in the nation. Since its establishment in 1921, the Fund's prudent investment management, solid …
https://www.osc.ny.gov/common-retirement-fundNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… State Comptroller Thomas P. DiNapoli announced today that the New York State Common Retirement Fund (Fund), valued at … of companies that fail to meet minimum standards. On the eve of the 5th anniversary of the Paris Agreement, as the world … State Comptroller Thomas P DiNapoli announced today that the New York State Common Retirement Fund Fund valued at an …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetDiNapoli: New York State Pension Fund Helping Build a Lower Carbon Future
… As a result of the agreements, the Fund, which owns shares in each company with respective values of $5.9 and $3 … Energy (29%), Westar Energy (28%) and DTE Energy (27.5%). In response to another shareholder proposal filed by … . The IPCC has estimated that a 55 percent reduction in global GHG emissions is needed by 2050 to stabilize global …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-new-york-state-pension-fund-helping-build-lower-carbon-futureOpinion 88-7
… (need to use debt service appropriation where surplus bond proceeds available) TOWN LAW, §112(1); GENERAL MUNICIPAL … LAW, §9; LOCAL FINANCE LAW, §165.00: Where surplus bond proceeds are available to pay debt service for purposes … to pay debt service, such moneys must be utilized only for one of the purposes set forth in subdivision two of that …
https://www.osc.ny.gov/legal-opinions/opinion-88-7Former Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted
… Stephanie Cowart. The money was to be used for "A Better Me," a project that was to "teach children and youth the … tools." The NAF grant proceeds for the "A Better Me" project were deposited directly into the NFHA’s operating … conducted any presentations related to the "A Better Me" project. In addition, between October 2013 and June 2014, …
https://www.osc.ny.gov/press/releases/2017/12/former-head-niagara-falls-housing-authority-pleads-guilty-stealing-government-funds-son-and-daughterInvestors Reach Settlement with Wynn Resorts
… Thomas P. DiNapoli announced today. “We filed our lawsuit in response to serious and repeated allegations of sexual … it,” DiNapoli said. “We are gratified that the reforms in this agreement and those undertaken following the … of behavior, and this agreement is a major step forward in protecting employees and shareholders from future harm.” …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsVillage of Ballston Spa - Financial Condition (2017M-256)
… Key Recommendations Maintain adequate accounting records in a timely manner. Monitor the Village’s financial condition … indicated that they plan to implement the recommendations in this report. …
https://www.osc.ny.gov/local-government/audits/village/2018/10/05/village-ballston-spa-financial-condition-2017m-256DiNapoli: Oversight of Supportive Housing Falls Short
… Answers. Auditors recommended that OMH review its various forms of written guidance on contingency funds and resolve … for those funds. The full audits can be found online at http://www.osc.state.ny.us/audits/index.htm . For …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-oversight-supportive-housing-falls-shortUpdate on New York’s Unemployment Insurance Trust Fund: Challenges Continue
… at recent levels, and UI tax collections continue to increase (even with typical quarterly variation), New York … advance by November 10, 2022, the federal UI tax rate will increase by 0.3 percent to 0.9 percent for 2022. (See Figure … compared to 2020, the new rate would represent an increase in total tax payments of 30.5 percent for employers …
https://www.osc.ny.gov/reports/update-new-yorks-unemployment-insurance-trust-fund-challenges-continueDiNapoli: State Tax Collections Decline $3.7 Billion in Fiscal Year 2018-19
… Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 160,000 …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-state-tax-collections-decline-37-billion-fiscal-year-2018-19DiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… survivors. There are nearly 3,000 participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. In the SFY that ended March 31, 2024, NYSLRS paid out nearly $16.2 billion in benefits. “Despite global tensions and market volatility, …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26Opinion 96-10
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Capital Reserve Fund … transfer of these moneys into another capital reserve fund in accordance with General Municipal Law, §6-g(8). You ask … General Municipal Law, §6-g governs capital reserve funds in fire districts. Subdivision 2 of section 6-g authorizes a …
https://www.osc.ny.gov/legal-opinions/opinion-96-10NY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), is asking … The lawsuit seeks reform of the company's governance. The New York State Common Retirement Fund held 176,500 shares of … New York State Comptroller Thomas P DiNapoli trustee of the …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-calls-wynn-resorts-disclose-all-political-spendingNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… survivors. There are nearly 3,000 participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. In the SFY that ended March 31, 2025, NYSLRS paid out nearly $16.8 billion in benefits. “Turbulence in the financial markets along with …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27Housing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up)
… Objective To assess the extent of implementation of the six … Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report … To assess the extent of implementation of the six …
https://www.osc.ny.gov/state-agencies/audits/2023/02/13/housing-trust-fund-corporation-oversight-residential-emergency-services-offer-home-repairsII.3.D Evaluation – II. New York State Financial Accounting
… Throughout the fiscal year, the State Comptroller and DOB monitor the flow of revenue and the … of expenditures against financial plan projections. The State Comptroller is required under Section 8 of the State Finance Law to issue monthly, quarterly, and annual …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii3d-evaluationDiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… Tax collections for State Fiscal Year (SFY) 2022-23 totaled … decline was primarily due to a decline in Personal Income Tax (PIT) receipts resulting from a variety of factors … claiming of credits related to the Pass-Through Entity Tax (PTET), the acceleration of the final phase-in of the …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearVII.10.F Cash Advance Reconciliations and Annual Confirmation – VII. State Revenues and Appropriated Loan Receivables
… ID’ – Leave blank to return all advances for your agency’s GLBU 'BUSINESS UNIT’ - Agency GLBU 'AS OF DATE’ – Enter … a separate Cash Advance Confirmation & Reconciliation form ( AC 3329 ) is required. The AC 3329 is available in … theft, must follow the procedures as outlined in Section 10.G - Cash Advance Shortages and Overages of this Chapter. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10f-cash-advance-reconciliations-and-annual-confirmation