Search
Comptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers
… (“Met Council”), each have been sentenced to five years of probation and will each pay $1.5 million in restitution to Met Council. As part of their sentence, they will also surrender their broker’s licenses to the New York State Department of Financial Services. The joint investigation revealed that …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokersEnvironmental, Social & Governance Principles and Proxy Voting Guidelines - 2024
The New York State Common Retirement Fund is one of the largest public pension funds in the nation with invested assets valued at $249.5 billion in assets (as of March 31, 2023) held in trust for the more than one million members and beneficiaries of the New York State and Local Retirement System.
https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/proxy-voting-guidelines-2024.pdfDiNapoli: Restaurant Industry Critical to New York City's Economy
… government assistance, a majority of restaurants may face closure by year’s end. This is a critical time for the … in the city’s hardest hit areas. DiNapoli said with the closure of the Paycheck Protection Program on August 8, the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-restaurant-industry-critical-new-york-citys-economyThe Continued Decline in Affordable Housing in New York City - June 2013
This report is the third issued by the Office of the State Comptroller since 2009 concerning affordable housing in New York City.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2014.pdfDual Membership in NYSLRS – Divorce and Your Benefits
… Retirement System. If a member has a membership in one of the above Systems, the Domestic Relations Order (DRO) may … “New York State and Local Retirement System” regardless of the system membership. If a member has dual membership and … the appropriate system. If a DRO is drafted against one of NYSLRS’ Retirement Systems and the member transfers to the …
https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrsInvesting in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … that spur economic growth and create and retain jobs. In-State Private Equity Investment Program This program invests in private equity funds that target technology-based startups …
https://www.osc.ny.gov/common-retirement-fund/investing-new-york2022 Year in Review
… Celebrating the Office of the State Comptrollers Achievements in 2022 …
https://www.osc.ny.gov/reports/2022-year-reviewNew NY Broadband Program (Follow-Up)
… New York’s ConnectALL grantees were awarded more than $70 million to provide over 800 miles of public broadband …
https://www.osc.ny.gov/state-agencies/audits/2024/09/25/new-ny-broadband-program-followDiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… which was $173 million less than the first quarter of 2020. “Although collections remain down compared to last year, there are signs of improvement as the state continues to recover from the … when many businesses were shut down during the first wave of the COVID-19 pandemic and many people stayed home to avoid …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021DiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… 2020-21 totaled $82.4 billion — $3 billion higher than forecast by the state Division of the Budget (DOB) in the … (latest projections), and $6.8 billion higher than forecast in May 2020 (initial projections), according to the … which was $1.5 billion higher than the most recent forecast; $918 million in payments were made to eliminate all …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projections2023-2024 Annual Report on Audits of State Agencies and Public Authorities
… As required by law this annual report summarizes the results of all the State agency … by the Office of the State Comptroller from October 1 2023 through September 30 2024 …
https://www.osc.ny.gov/state-agencies/audits/2023-2024-annual-report-audits-state-agencies-and-public-authorities2024-2025 Annual Report on Audits of State Agencies and Public Authorities
… As required by law this annual report summarizes the results of all the State agency … State Comptroller from October 1 2023 through September 30 2024 …
https://www.osc.ny.gov/state-agencies/audits/2024-2025-annual-report-audits-state-agencies-and-public-authoritiesMarion Central School District – Procurement (2022M-3)
… officials procured goods and services in accordance with the procurement policies and procedures and applicable … always ensure that competition was sought in accordance with the procurement policies and procedures and competitive … and procedures. District officials generally agreed with our recommendations and have initiated or indicated they …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/24/marion-central-school-district-procurement-2022m-3West Seneca Fire District #2 – Purchasing and Capital Project Management (2018M-241)
… services were accurately paid and purchased in accordance with the District’s procurement policy and statute. Determine … the improper charges. District officials generally agreed with our findings and indicated that they plan to initiate … services were accurately paid and purchased in accordance with the Districts procurement policy and statute …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/30/west-seneca-fire-district-2-purchasing-and-capital-project-management-2018mMaintenance and Inspection of Event Recorder Units (Follow-Up)
… Objective To determine the extent of implementation of the seven recommendations included in our initial audit report, Maintenance and Inspection of Event Recorder Units (Report 2018-S-19 ). About the … To determine the extent of implementation of the seven recommendations included in …
https://www.osc.ny.gov/state-agencies/audits/2021/10/21/maintenance-and-inspection-event-recorder-units-followOpinion 88-67
… LAW, §4-400(1)(c): If a law partner of a village mayor is appointed to the position of village attorney, the mayor … officer or employee has an interest in any contract with his or her municipality if the officer or employee … the interest be disclosed in writing and included in the official record of the governing board's proceedings. …
https://www.osc.ny.gov/legal-opinions/opinion-88-67DiNapoli: Inconsistent Oversight and Guidance Left New York’s Group Home Residents at Risk During Pandemic
… left people living in group homes at risk during the onset of the COVID-19 pandemic, according to a new audit released … not issue timely, consistent guidance to the vast majority of their certified group homes. Inconsistent emergency … 6,929 group homes across the state during the first wave of the deadly pandemic, though the audit did not establish a …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-inconsistent-oversight-and-guidance-left-new-yorks-group-home-residents-risk-during-pandemicNYS Common Retirement Fund Reports First Quarter Results
… the first quarter of the State Fiscal Year (SFY) 2019-20 was 3.38 percent for the three-month period ending June 30, … value as of the March 31, 2019 close of last fiscal year was $210.5 billion. As of June 30, 2019, the Fund had 38.6 … in the first quarter of the State Fiscal Year SFY 201920 was 338 percent for the threemonth period ending June 30 2019 …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsMedicaid Program – Excessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans
… overpaid Mainstream Managed Care and Health and Recovery Plan premiums on behalf of dual-eligible individuals. The … recipients should have been removed from their MMC or HARP plan and provided FFS coverage. The excessive premium … overpaid Mainstream Managed Care and Health and Recovery Plan premiums on behalf of dualeligible individuals The audit …
https://www.osc.ny.gov/state-agencies/audits/2022/10/31/medicaid-program-excessive-premium-payments-dual-eligible-recipients-enrolled-mainstreamOpinion 2004-6
… ARTS AND CULTURAL AFFAIRS LAW §57.07: A village may not permit an historical society to use an unneeded portion of a … Law §57.07(2) and, as consideration under the contract, permit the historical society to use the unneeded space in a … the space in the building. You ask whether a village may permit an historical society to utilize vacant space in a …
https://www.osc.ny.gov/legal-opinions/opinion-2004-6