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2025 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2025-stewardship-priorities.pdfDiNapoli Statement on Executive Budget Proposal
… reduce the structural budget imbalance and hold the line on spending. With today’s budget proposal, Governor … reduce the structural budget imbalance and hold the line on spending …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-statement-executive-budget-proposalDiNapoli: Too Many Subway Stations Need Repairs
… repair program is progressing too slowly, according to a report issued today by New York State Comptroller … stations but the pace is too slow and much more work needs to be done,” DiNapoli said. “Worn or damaged stairs and … and lighting. The survey rates components on a scale of 1 to 5. NYCT considers those it rated under 3 to be free of …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-too-many-subway-stations-need-repairsMedicaid Program – Ambulatory Patient Groups Payments for Duplicate Claims and Services in Excess of Medicaid Service Limits (Follow-Up)
… reimbursed by the Ambulatory Patient Groups (APG) payment methodology. The audit covered the period December 1, … not implement adequate controls to enforce APG policy and payment rules. As a result, Medicaid made $32.1 million in …
https://www.osc.ny.gov/state-agencies/audits/2017/10/06/medicaid-program-ambulatory-patient-groups-payments-duplicate-claims-and-services-excessImproper Medicaid Payments for Claims Not in Compliance With Ordering, Prescribing, Referring, and Attending Requirements (Follow-Up)
… whether the Department paid for claims in violation of federal and State regulations that require an appropriate NPI …
https://www.osc.ny.gov/state-agencies/audits/2023/09/13/improper-medicaid-payments-claims-not-compliance-ordering-prescribing-referring-andState Comptroller Thomas P. DiNapoli Statement on the Death of Maya Angelou
… “Today, America mourns the loss of one of its greatest writers and poets, Maya Angelou, a … of verse will remain relevant and vital far into the future.” … Today America mourns the loss of one of its …
https://www.osc.ny.gov/press/releases/2014/05/state-comptroller-thomas-p-dinapoli-statement-death-maya-angelouWindsor Central School District – Fuel Controls (2022M-133)
… over fuel credit card purchases and fuel inventory to help ensure fuel was used for District purposes and … not accounted for. Employees used District credit cards to purchase fuel, but records were not always maintained to report who used the credit cards or what District vehicle …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/windsor-central-school-district-fuel-controls-2022m-133Public Safety – 2022 Financial Condition Report
… 4.4 percent in 2021 after a 45.8 percent jump in 2020); Rape (up 10 percent after a 15.8 percent decrease in 2020); … of approximately $442 million. Reductions in DOCCS security staff (Correction Officers, Sergeants and …
https://www.osc.ny.gov/reports/finance/2022-fcr/public-safetyDiNapoli Report Spotlights New York's Veterans
… in our state, we’ll be forever indebted to our veterans for their service and their sacrifices. We need to offer … life.” DiNapoli’s report highlighted the programs and services offered to New York’s veterans by the state’s … to create a $5 million commitment for fixed-rate small business loans for returning military veterans who are …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-report-spotlights-new-yorks-veteransDynamic Center Inc. – Compliance With the Reimbursable Cost Manual
… Education Itinerant Teacher (SEIT) services to children with disabilities between the ages of three and five years. Dynamic is reimbursed for SEIT Program services … Inc.: Compliance With the Reimbursable Cost Manual (2012-S-65) LaSalle School: Compliance With the Reimbursable Cost …
https://www.osc.ny.gov/state-agencies/audits/2014/12/29/dynamic-center-inc-compliance-reimbursable-cost-manualOpinion 92-29
… This opinion represents the views of the Office of the State Comptroller at the time it was … AND EMPLOYEES -- Compensation (applicability of General Municipal Law, §207-m to salary of deputy police commissioner); (salary of individual …
https://www.osc.ny.gov/legal-opinions/opinion-92-29Opinion 92-26
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-92-26XIV.14.E Recording General Capital Assets – XIV. Special Procedures
… in the appropriate account code to indicate the type of fixed asset owned. General capital assets should be … existing component while an improvement is the addition of a new component where one did not previously exist. … The renovation costs more than $100,000 It occurs when 75% or more of the estimated useful life of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14e-recording-general-capital-assetsDiNapoli Releases April Cash Report
… One month into the state’s 2015-2016 fiscal year, state tax collections totaled $8.6 billion, an increase of … from the prior month. The cash report focuses primarily on the General Fund and All Governmental Funds. The General …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-reportPublic Safety – 2023 Financial Condition Report
… of the four violent crime categories declined (Murder and Rape) while instances of Robbery and Aggravated Assault rose. …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-safetyDiNapoli: MTA Budget Outlook Improves
… costs. Debt service is expected to reach $3 billion by 2018, 45 percent higher than in 2012 and nearly double the …
https://www.osc.ny.gov/press/releases/2013/09/dinapoli-mta-budget-outlook-improvesDiNapoli: Audit Exposes Significant Management Issues With Tonawanda Housing Authority
… and high vacancy rates in public housing, according to New York State Comptroller Thomas P. DiNapoli. "The actions … information on 130,000 state contracts, visit Open Book New York . The easy-to-use website was created to promote … and high vacancy rates in public housing according to New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-exposes-significant-management-issues-tonawanda-housing-authorityAssessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act for the Three State Fiscal Years Ended March 31, 2021
… Responsibility Act (collectively, Acts) for the three State Fiscal Years ended March 31, 2021 . About the Program … help ensure that the operators of motor vehicles driven in New York State possess adequate insurance coverage, or are …
https://www.osc.ny.gov/state-agencies/audits/2022/05/25/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicleMessage from the Comptroller – 2021 Financial Condition Report
… State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the … State of New York’s financial condition for the first of what will be multiple years affected by COVID-19. My hope is that it will inform all New Yorkers as well as the ongoing …
https://www.osc.ny.gov/reports/finance/2021-fcr/message-comptrollerOversight of Registration, Licensing, and Inspection of Radioactive Materials Facilities and Radiation Equipment Facilities
… The audit covered licensing and inspection records for the period of January 1, 2017 through February 28, 2020 … and academic uses. Radioactive materials can be used for diagnostic and therapeutic purposes, to test new drugs … that use radioactive materials or radiation equipment increases the risk that radioactive materials or equipment …
https://www.osc.ny.gov/state-agencies/audits/2021/09/23/oversight-registration-licensing-and-inspection-radioactive-materials-facilities-and