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Omnibus Procurement Amendments
… authorizing competitive negotiation concluding with a best and final offer; clarifying the use of best and final offers for invitations for bids and requests …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-1Determining the Ex-spouse's Share – Divorce and Your Benefits
… According to New York State law, pension benefits earned during a marriage are marital assets subject to equitable distribution in the … of the divorce action (xx/xx/xxxx). The numerator may also be written as a fixed number of months or years of service … NYSLRS pensions are considered marital property and may be divided when a …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareNewark Valley Central School District – Procurement (2022M-60)
… service providers paid $133,346 during our audit period. In addition, policies and procedures were inadequate …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/24/newark-valley-central-school-district-procurement-2022m-60Town of Hanover – Procurement (2025M-58)
… [read complete report – pdf] Audit Objective Did the Town of Hanover (Town) Town Board (Board) use a competitive process when procuring professional services? Audit Period January 1, … The Board did not always seek competition when procuring professional services Of the 67 professional …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-hanover-procurement-2025m-58Unclaimed Property Relating to Insurance Companies
Unclaimed property subject to Article VII of the Abandoned Property Law includes: Matured endowments, Life insurance proceeds when the insured reached the limit
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/insurance-companies.pdfDiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… The New York State Common Retirement Fund (Fund) committed $1.3 billion to two funds as part of its Sustainable Investments and … Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. “These investments will position … The New York State Common Retirement Fund Fund committed $13 …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programDiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… disclosure proposals with: Twitter Inc., DISH Network Corp., The Progressive Corp., Royal Caribbean Cruises Ltd., Las Vegas Sands Corp., Ulta Beauty Inc., VeriSign Inc., and Hanesbrands Inc. …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyClaims Auditing – Improving the Effectiveness of Your Claims Auditing Process
… and donations to private entities in violation of the New York State Constitution, Article VIII, Section 1; 4 Travel … to present a sales tax exemption form for individual restaurant meals and it is not a common practice for …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/claims-auditingTown of Richmondville – Administration of Grant Moneys (2013M-374)
… for a required audit because the developer has failed to do so. The Board relied on the developer’s consultants to …
https://www.osc.ny.gov/local-government/audits/town/2014/05/09/town-richmondville-administration-grant-moneys-2013m-374Preferred Source Contracting
… benefit corporations are required to purchase approved products and services from preferred sources. Purchases from … over $50,000, and for maintaining, on behalf of the New York State Procurement Council (Procurement Council), a … to commodities, most of which are administered by the New York State Industries for the Disabled (NYSID), a …
https://www.osc.ny.gov/state-agencies/audits/2016/06/28/preferred-source-contractingNorth Syracuse Central School District – Professional Services (2022M-34)
… School District (District) officials sought competition for the procurement of professional services and entered into … we reviewed, they did not always seek competition for professional services in accordance with District policy. … providers without seeking competition. Used a request for proposals (RFP) process to select certain professional …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… The state pension fund has committed an additional $50 million for … The program has returned nearly $300 million to the state pension fund and supported thousands of jobs across the … commitment to Graycliff will help to keep the state pension fund strong for the more than one million retirement …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesSelected Travel Expenses
… Travel Policy Directives entitled “Travel and Business Expense” (travel policy directive) that affects the MTA … has caused the LIRR to incur higher than necessary travel expense. Employees did not return unused cash advance monies … employees to request the GSA or DOS-established lodging rates and, when unsuccessful in obtaining those rates, to …
https://www.osc.ny.gov/state-agencies/audits/2015/03/23/selected-travel-expensesDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… year ends March 31, 2018. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsShareholders to Exxon: It's Time to Address Climate Change
… York State Comptroller Thomas P. DiNapoli and the Church of England — supported by more than 60 institutional investors — will urge the company to address climate change risk. At the meeting, ExxonMobil's board of directors … York State Comptroller Thomas P DiNapoli and the Church of England supported by more than 60 institutional investors …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-exxon-its-time-address-climate-changeElmwood Village Charter School – Building Acquisition (2017M-237)
… Purpose of Audit The purpose of our audit was to determine whether the Board and School officials … million. Key Findings The Board did not conduct a thorough site selection review and cost-benefit analysis when … appraised value. Key Recommendation Conduct and document site selection reviews and cost-benefit analyses for real …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/02/16/elmwood-village-charter-school-building-acquisition-2017m-237State Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… During the 2024 proxy season, three portfolio companies agreed to … State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced … similar comprehensive disclosure of political spending. The agreements were reached with casino operator Caesars …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureVillage of Skaneateles – Claims Auditing (2024M-68)
… audited and approved prior to payment. Key Findings While the claims we reviewed were for appropriate Village expenditures, the Village Board (Board) did not audit all claims before … not adequately supported or were paid without approval. Of the 348 claims we reviewed totaling approximately $2 million, …
https://www.osc.ny.gov/local-government/audits/village/2024/09/06/village-skaneateles-claims-auditing-2024m-68DiNapoli: 23 School Districts Designated in Fiscal Stress
… Twenty-three school districts statewide were designated in some level of … P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2021, down from 31 school districts in fiscal stress the prior year. “Fewer of … Twentythree school districts statewide were designated in some level of …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressDiNapoli: NYC Office Market Will Take Years to Recover From Pandemic
… in FY 2021, fell 16.6% in the FY 2022 final assessment roll, the first decline in total office property market … highest level on record. Office sector employment makes up about a third of all jobs in the city, compared to a … taxes, real estate transaction taxes, mortgage taxes and commercial rent taxes. Property taxes from the office sector …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-nyc-office-market-will-take-years-recover-pandemic