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Fund's Mission, Values and Investment Philosophy
… with exceptional people and the highest standards for ethics and investment management. Core values We commit … these values every day: Performance We expect and strive for Fund performance sufficient to achieve our mission. … hold ourselves collectively and individually responsible for fulfilling our mission. Diversity We seek out and embrace …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyOpinion 2002-17
… prime contract to construction manager) GENERAL MUNICIPAL LAW §§101, 103: A firm may not be engaged both as construction manager to act …
https://www.osc.ny.gov/legal-opinions/opinion-2002-17State Agencies Bulletin No. 1129
… to refer to the value that replaces the CAS Object Code. For purposes of clarity, the terms PayServ or SFS will be used in conjunction with the term Account Code for the remainder of this document for clarification purposes. Critical Date(s) Cost Center …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1129-updates-cost-centers-statewide-financial-system-sfs-and-payserv-accountOpinion 2002-4
… and Expenditures (appropriation of current funds to pay for dredging privately-owned channel) -- Highway Funds … charged to general fund) REFERENDUM -- Mandatory (need for to expend current funds for dredging) SUPERINTENDENT OF HIGHWAYS -- Powers and Duties …
https://www.osc.ny.gov/legal-opinions/opinion-2002-4Opinion 88-79
… is deemed "miscellaneous revenue" which must be used for community or economic development activities eligible for assistance under Title I of the Housing and Community … to the U.S. Department of Housing and Urban Development for 5 years following issuance of a Certificate of Project …
https://www.osc.ny.gov/legal-opinions/opinion-88-79Travel Advisory No. 13
… Subject: Updated Mileage Rates Guidance: The Internal Revenue Service and the U.S. … Administration issued new standard mileage rates for 2025. The standard rate for personal vehicle mileage is …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/13-updated-mileage-ratesComptroller DiNapoli Releases School Audits
… $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … officials did not ensure that the cash receipts process for extra classroom activities (ECA) funds were administered … treasurer did not issue pre-numbered duplicate receipts for all funds placed in her custody, funds are not always …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-0Selected Safety and Security Equipment at Train Stations
… such as CCTV cameras, CAIs, monitors, and digital video recorders (DVRs). The CCTV system is not publicly … in each portico, or about six to eight per location. CCTV video from these cameras is recorded on a local DVR and not … the turnstiles – Automated Fare Collection pay areas. The video from the new system is reviewed about once per day, …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/selected-safety-and-security-equipment-train-stationsState Comptroller DiNapoli Releases School Audits
… that did not comply with the 4 percent statutory limit for the past three fiscal years. When adding back unused … including a reserve plan that indicates their intentions for funding, using and accumulating reserve funds. BOCES … certain reserve funds to ensure amounts were appropriate for BOCES’ needs or include reserve funding in the annual …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: Millions in NYC Transit Fines and Fees Uncollected
… every dollar it can get to improve the subway service for straphangers. Fines are meant to deter bad behavior, but … is a tribunal that processes and adjudicates summonses for violations of NYC Transit rules such as fare evasion … on summonses is not sufficient or is inaccurate for the necessary follow-up. In a sample of 150 uncollected …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-millions-nyc-transit-fines-and-fees-uncollectedDiNapoli: Contamination of New York's Waterways From Combined Sewer Overflows Remains a Challenge
… of aging infrastructure through continued funding for these priorities, thoughtful capital planning and more … There are 46 CSO communities in New York responsible for 807 outfalls – locations where excess untreated or … systems are overwhelmed. New York City is responsible for about half of the outfalls, and just three other metro …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-contamination-new-yorks-waterways-combined-sewer-overflows-remains-challengeOpinion 97-7
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … AND LOST PROPERTY -- Money (court and trust funds) COUNTY TREASURER -- Powers and Duties (unclaimed court and … of the court. You have asked whether such clauses prohibit or otherwise preclude the county treasurer from turning over …
https://www.osc.ny.gov/legal-opinions/opinion-97-7Opinion 94-30
… [edited for publication] COUNTY CLERK -- Fees (amount of index fees remitted to State) FEES -- Court Fees (amount of index fees remitted to State) CIVIL PRACTICE LAW AND RULES, … State budget for fiscal year 1990-91 and increased general fund revenues by $1.269 billion dollars for that fiscal year. …
https://www.osc.ny.gov/legal-opinions/opinion-94-30State Comptroller DiNapoli Releases School District Audits
… general fund appropriations from 2018-19 through 2020-21 by a total of $16 million and appropriated $6.4 … year-end commitments related to unperformed contracts for goods and services totaling was $3.3 million during the audit period and $3.2 million was unsupported or for unbudgeted purchases. In effect, officials improperly …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli Expands State Pension Fund's In-State Investment Program
… provide capital to businesses that are implementing growth strategies, expanding operations or transitioning ownership. …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programDiNapoli: MTA Budget Continues to Face Serious Risks
… its capital needs, leaving a smaller share of revenue for other priorities and hindering budget flexibility during … MTA can change the way it does business and reduce costs, for example, riders could be saddled with even higher fares … that are expected to generate $25 billion for the MTA’s 2020-2024 capital program, nearly half of its $54.8 billion …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksComptroller DiNapoli Releases School Audits
… $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … Condition (Nassau County) The board adopted budgets for fiscal years 2012-13 through 2014-15 that appropriated a … district officials did not have proper documentation for establishing and using two of four reserve funds totaling …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-1Area #3 – Computer Hardware, Software, and Data Inventories – Information Technology Governance
… should maintain detailed, up-to-date inventory records for all computer hardware, software and data. The information maintained for each piece of computer hardware should include a … Use – Routine operational information that is not approved for general circulation and where unauthorized access, …
https://www.osc.ny.gov/local-government/publications/it-governance/area-3-computer-hardware-software-and-data-inventoriesTown of Oxford – Financial Condition (2024M-135)
… accumulated over time. The Board is responsible for managing and controlling the Town’s financial affairs, … chief fiscal officer and budget officer. He is responsible for providing the Board with financial reports. The Town’s … AFRs in a timely manner, which OSC would have analyzed for possible fiscal stress. Using our recalculated results of …
https://www.osc.ny.gov/local-government/audits/town/2025/07/25/town-oxford-financial-condition-2024m-135State Comptroller DiNapoli Announces Municipal Audits
… benchmark rates to ensure they received the lowest prices for electricity and natural gas. Five of seven entities … School District) spent approximately $2.4 million more for electricity than the benchmark rate used by auditors. … records and reports accurately and properly accounted for all financial activities. Although the board did not …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-announces-municipal-audits