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DiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter
… State Common Retirement Fund (Fund) was $273.4 billion at the end of the third quarter of State Fiscal Year 2024-25. … by allocation are invested in cash, bonds, and mortgages at 22.16%, private equity at 14.58%, real estate and real assets at 13.93%, and credit, …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarterTown of Harrison - Budgeting Practices (2018M-142)
Determine whether the revenue and expenditure projections in the budget and fund balance were reasonable
https://www.osc.ny.gov/local-government/audits/town/2019/02/22/town-harrison-budgeting-practices-2018m-142Honeoye Central School District - Information Technology (2019M-9)
… Employees stored personal data, such as photos, videos and music, on District computers. District officials did not …
https://www.osc.ny.gov/local-government/audits/school-district/2019/08/09/honeoye-central-school-district-information-technology-2019m-9Rockland County Community College - Employee Benefits (2020M-5)
… College can obtain cost savings by reducing the costs of employee benefits. Key Findings The College overpaid $4.6 … College can obtain cost savings by reducing the costs of employee benefits …
https://www.osc.ny.gov/local-government/audits/community-college/2020/03/20/rockland-county-community-college-employee-benefits-2020m-5State Comptroller DiNapoli and Manhattan U.S. Attorney Bharara Announce Arrest of Joseph Grossmann for Defrauding New York State Pension Fund of Over $130,000
… District of New York, announced today the arrest of JOSEPH GROSSMANN for fraudulently obtaining the pension of a … Manhattan U.S. Attorney Preet Bharara said: “As alleged, Joseph Grossmann methodically devised a scheme to steal a …
https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-and-manhattan-us-attorney-bharara-announce-arrest-joseph-grossmannNew York State Common Retirement Fund
… New York State Common Retirement Fund The New York State Common Retirement Fund is one of the largest …
https://www.osc.ny.gov/common-retirement-fundDiNapoli Audit Finds Lax Oversight of Medicaid Payments May Have Cost Taxpayers Nearly $300 Million
… Medicaid recovers that money, according to an audit by New York State Comptroller Thomas P. DiNapoli. The audit found … (DOH) and the Office of the Medicaid Inspector General (OMIG) resulted in nearly $300 million in pharmacy claims that …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-audit-finds-lax-oversight-medicaid-payments-may-have-cost-taxpayers-nearly-300-millionComptroller DiNapoli and A.G. Schneiderman Announce Arrest of Florida Man for Theft of Over $180,000 in NYS Pension Benefits
… General Eric T. Schneiderman announced today the unsealing of an indictment charging Robert J. Schusteritsch, 71, of … passed away on July 9, 2008. At the time of Petschauer's death, his pension benefits were being direct deposited into … of the Attorney General and Comptroller, which to date has resulted in dozens of convictions and more than $11 …
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-and-ag-schneiderman-announce-arrest-florida-man-theft-over-180000-nys-pensionXIII.4.C Travel Mileage Rates – XIII. Employee Expense Reimbursement
… as follows: Effective Date Personal Vehicle Standard Rate Motorcycle Mileage Rate January 1, 2025 0.700 0.680 January …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii4c-travel-mileage-ratesAkron Central School District - Financial Management (2018M-195)
… complete report - pdf] Audit Objective Determine whether the Board and District officials effectively managed the … general fund financial condition. Key Findings As of June 30, 2017 unrestricted fund balance exceeded the … known trends. Review reserves to determine whether they are necessary and reasonably funded and use the debt reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/akron-central-school-district-financial-management-2018m-195Niagara Engine Company No. 6 Inc. - Cash Receipts and Disbursements (2019M-29)
… and maintains a manual ledger of checks. The Treasurer sends listings of the receipts and disbursements to the …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2019/08/09/niagara-engine-company-no-6-inc-cash-receipts-andTown of Boylston – Financial Condition (2021M-69)
… complete report - pdf ] Audit Objective Determine whether the Town Board (Board) effectively managed the Town of … As a result, it levied more taxes than necessary to sustain operations. The Board: Did not adopt realistic budgets and failed to monitor budgetary results during the year. Allowed …
https://www.osc.ny.gov/local-government/audits/town/2021/09/03/town-boylston-financial-condition-2021m-69Suffern Central School District - Financial Condition (2019M-145)
… Adopt budgets that reflect realistic estimates for expenditures based on historical trends or other …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/suffern-central-school-district-financial-condition-2019m-145Town of Milo – Financial Condition (2020M-172)
… fund operations. The Board did not adopt realistic budgets for each of its funds from 2017 through 2020, multiyear … annual budgets. Use surplus funds as a financing source for funding one-time expenditures, needed reserves and/ or …
https://www.osc.ny.gov/local-government/audits/town/2021/04/23/town-milo-financial-condition-2020m-172Town of Locke – Financial Condition (2020M-111)
… complete report - pdf] Audit Objective Determine whether the Town Board (Board) effectively managed the Town of … As a result, it levied more taxes than necessary to sustain operations. The Board did not adopt budgets with … and water district were excessive, ranging from 89 percent to 536 percent of actual expenditures. The Board did not …
https://www.osc.ny.gov/local-government/audits/town/2020/11/13/town-locke-financial-condition-2020m-111Town of Wolcott – Financial Management (2020M-131)
… (Board) effectively managed the Town of Wolcott’s (Town) financial condition. Key Findings The Board did not effectively manage the Town’s financial condition, did not have a clear understanding of … the town-wide (TW) and town-outside-village (TOV) general funds. Adopted unrealistic budgets and did not maintain …
https://www.osc.ny.gov/local-government/audits/town/2021/06/11/town-wolcott-financial-management-2020m-131Reporting on Foreclosure of Real Property Funds – Kings County
… from a list of eligible referees established under Part 36 of the Rules of the Chief Judge (Part 36 Eligible Fiduciary List). The court verifies the … Ten of the referees we sampled were not listed on the Part 36 Eligible Fiduciary List as of December 28, 2012. UCS …
https://www.osc.ny.gov/state-agencies/audits/2013/12/12/reporting-foreclosure-real-property-funds-kings-countyUnified Court System Bulletin No. UCS-161
… Allowance and Uniform Blazer Allowance processing and Time Entry procedures. Affected Employees Eligible employees … paycheck dated June 23, 2010. The Uniform Blazer Allowance payment for employees in Negotiating Unit G9 will be made in … will be no direct deposit for these payments. Control-D Report The Control-D report NPAY771 will be available after …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-161-june-2010-ucs-uniform-allowance-and-uniform-blazer-allowanceUnified Court System Bulletin No. UCS-170
… Purpose To explain OSC’s automatic Uniform Allowance and Uniform … will be made in a separate paycheck dated June 22, 2011. The Uniform Blazer Allowance payment for employees in … Uniform Allowance and Uniform Blazer Allowance payments to eligible employees are authorized under Chapter 276 of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-170-june-2011-ucs-uniform-allowance-and-uniform-blazer-allowanceUnified Court System Bulletin No. UCS-182
… Purpose To explain OSC’s automatic Uniform Allowance and Uniform … will be made in a separate paycheck dated June 20, 2012. The Uniform Blazer Allowance payment for employees in … Uniform Allowance and Uniform Blazer Allowance payments to eligible employees are authorized under Chapter 276 of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-182-june-2012-ucs-uniform-allowance-and-uniform-blazer-allowance