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NY State Comptroller Announces Appointment of Emerging Managers Director
… announced the appointment of Sylvester (Sly) McClearn as director of the New York State Common Retirement Fund’s … (Fund) Emerging Manager Program. He was appointed Interim Director of the Program in February 2023. “Sylvester McClearn … announced the appointment of Sylvester Sly McClearn as director of the New York State Common Retirement Funds Fund …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorUnclaimed Funds Survey - Feedback Received
… Thank you for your submission! We appreciate your feedback …
https://www.osc.ny.gov/unclaimed-funds/resources/unclaimed-funds-survey-feedback-receivedCensus 2020 Response Rates
… This dashboard has been archived. For inquiries, contact [email protected] …
https://www.osc.ny.gov/censusOpinion 89-21
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. … highway (see 1959 Opns St Comp, No. 59-589, unreported; 4 Opns St Comp, 1948 p 360, 3 Opns St Comp, 1947 p 88; see … on line between two towns divided into districts and each district considered as belonging to town to which allotted …
https://www.osc.ny.gov/legal-opinions/opinion-89-21Message Submitted - Contact Us
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https://www.osc.ny.gov/local-government/required-reporting/annual-financial-report-afr-modernization-project/contact-us-message-receivedState Comptroller DiNapoli: $360M Needed to Repair Local Dams
… the breach of a large dam could result in the loss of life, devastation of several communities and flooding that … due to aging infrastructure, weather events triggered by global warming and the threat of cyberattacks, effective … to the level of risk that a failure would pose to life and property. Under DEC's classifications, there are 407 …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-360m-needed-repair-local-damsXIV.14.L Asset Retirement Obligations – XIV. Special Procedures
… resulting from normal operations. External Obligating Events AROs must be legally enforceable. Activities … event. Per paragraph 9 of GASBS 83, external obligating events include: Approval of federal, state, or local laws or … capital asset should not be reported. Internal Obligating Events In order to recognize an ARO, there must also be an …
https://www.osc.ny.gov/state-agencies/chapter-xiv/xiv14l-asset-retirement-obligationsDebt – 2022 Financial Condition Report
… the capacity to finance future capital assets and grants. New York State Ranks Second Highest in Outstanding Debt … public authorities without voter approval. In SFY 2020-21, New York State had the second highest debt burden, behind … (LGAC) bonds and the Municipal Bond Bank Agency. New York issues State-Supported debt to fund certain capital …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtDiNapoli: Federal Tariffs and Other Actions Hurt Tourism and NY Exports
… drops of any state in international tourism in 2025, with overseas travelers falling 3% — a loss of over 176,000 … up 1% in New York City. In 2024, there were over 932,400 private sector jobs in New York in industries associated with … of 18.2% in the number of visitors to New York’s national park sites in 2025, according to the National Park Service. …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-federal-tariffs-and-other-actions-hurt-tourism-and-ny-exportsColesville-Windsor Fire District – Board Oversight (2025M-74)
… records that tracked receipt and disbursement activity by account, which provide the Board with critical information … prior to payment and claims that were not supported by invoices or receipts. Comply with New York State (NYS) General Municipal Law (GML) by: Maintaining a code of ethics that could have supported a …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/12/24/colesville-windsor-fire-district-board-oversight-2025m-74State Comptroller DiNapoli Releases Municipal Audits
… were incomplete, inaccurate and could not be relied on to make financial decisions. The recent audit found the … auditors found that electronic data containing PPSI on 32 of the 61 county-owned department IT devices examined. …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Audits
… military forces, which are composed of the New York Army National Guard, the New York Air National Guard, the New … costs reported by CPN on its Consolidated Fiscal Reports. All My Children Day Care — Compliance With the … Auditors found that on its annual Consolidated Fiscal Reports, AMC failed to provide certain key documents it …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… the statutory limit on surplus fund balance and result in taxpayers being taxed more than necessary. Specifically, … that exceed certain thresholds to be competitively bid. In addition, the claims auditor did not perform adequate audits. As a result, $1.1 million in purchases (half of the procurements reviewed) were made …
https://www.osc.ny.gov/press/releases/2024/10/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Municipal Audits
… clerk did not always record, deposit, remit and report all collections in a timely and accurate manner. Because of this, there was an increased risk for money to be lost or used for inappropriate purposes. … The president had sole control of the foreign fire insurance bank account instead of the treasurer, as required …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionDiNapoli Statement on His Placement Agent Ban Becoming Law
… P. DiNapoli today issued the following statement after Gov. Cuomo signed DiNapoli's legislation to prohibit the use … P DiNapoli today issued the following statement after Gov Cuomo signed DiNapolis legislation to prohibit the use of …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawComptroller DiNapoli Releases Municipal Audits
… making purchases on behalf of the system’s member public libraries. These purchases included 289 computers and 110 … computer accessories and warranties for member public libraries. …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-2Comptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … leave accrual spreadsheet for employees who were entitled to earn vacation time did not show beginning and ending … district has not developed a formal reserve plan, appears to have overfunded the unemployment reserve, and did not have …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-school-auditsDiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter
… “Fortunately, our diverse and well-managed portfolio is built to withstand market fluctuations and remains one of the …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarterDiNapoli's Auditors Halt $25 Million in Suspicious Tax Refunds
… the system,” DiNapoli said. “While most taxpayers are honest, there are some filers and preparers looking to cheat …
https://www.osc.ny.gov/press/releases/2016/04/dinapolis-auditors-halt-25-million-suspicious-tax-refunds