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DiNapoli Consumer Alert: Contribute to a 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes
… New Yorkers that contributions to a New York State 529 College Savings Program account are tax deductible. New York’s 529 College Savings Program, an investment tool designed to help parents save for college, ranks among the best in the nation, and New York is …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-consumer-alert-contribute-529-college-savings-account-and-deduct-10000-your-state-taxesNY State Comptroller Announces Appointment of Emerging Managers Director
… State Common Retirement Fund’s (Fund) Emerging Manager Program. He was appointed Interim Director of the Program in February 2023. “Sylvester McClearn has a long and … he will help expand our successful Emerging Manager Program and uphold its role as a pathway to growth for …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… shareholders to support their joint proposal urging the streaming service to uphold its employees’ rights to freedom of association and collective bargaining. Their shareholder proposal will be subject to a vote at the company’s annual meeting on June 1, 2023. “Workers have …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsDiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders
… those employees who complained about the sham interviews. News outlets have also reported that the U.S. Attorney for …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-landers-proposal-calling-wells-fargo-board-report-efforts-prevent-discrimination-andDiNapoli: New York State Common Retirement Fund Reaches Agreements with Companies on Disclosing Political Spending
… received a majority of support from shareholders at the company’s annual meeting, and he has since called on the company to fully implement the proposal. The agreements were … Inc., cruise operator Royal Caribbean Cruises Ltd., insurance company The Progressive Corp. and cosmetics …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-companies-disclosing-politicalIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund), released today by New York State Comptroller … fiduciary and conflict of interest review of the New York State Common Retirement Fund commended the Comptroller and Fund staff for …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) has filed a shareholder proposal … of Shareholder Proposal About the New York State Common Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityNYS Comptroller DiNapoli on Amazon's Racial Diversity, Equity and Inclusion Practices
… Thomas P. DiNapoli released the following statement today in advance of Amazon’s Annual Meeting on Wednesday, May 26, … and inclusion, and how they affect the company’s business, in light of the significant controversies and lawsuits … success. “Jeff Bezos has been an outspoken advocate in the fight against systemic racism. I believe he deeply …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-amazons-racial-diversity-equity-and-inclusion-practicesDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… Coca Cola Co. will consider the wages it pays all of its employees when setting executive … and other corporate executives has dramatically outpaced wages for most other employees in recent years," DiNapoli … risen dramatically over the past 50 years, while average wages, adjusted for inflation, have made only meager gains. …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payNew York State’s Pension Fund and Church Commissioners Release Open Letter to ExxonMobil Shareholders
… The New York State Common Retirement Fund and The Church Commissioners for England have today written an open … Edward Mason, Head of Responsible Investment for the Church Commissioners for England, quoted from the open … The New York State Common Retirement Fund and The Church Commissioners for England write open letter to …
https://www.osc.ny.gov/press/releases/2020/04/new-york-states-pension-fund-and-church-commissioners-release-open-letter-exxonmobil-shareholdersSUNY Maritime College Review of PCard Transactions and TCard Expenses
… were appropriate and complied with Office of General Services (OGS) Citibank and Maritime Citibank-VISA PCard Guidelines and the Office of the State Comptroller … and receipts and authorize those charges by signing the Visa Card statement before it is sent to Accounts Payable. …
https://www.osc.ny.gov/state-agencies/audits/2019/06/07/suny-maritime-college-review-pcard-transactions-and-tcard-expensesDiNapoli: State Pension Fund Value $210.2 Billion
… March 31, 2019. The Fund closed the year with an estimated value of $210.2 billion, which is subject to change once returns are fully audited. The Fund’s audited value at the end of state fiscal year 2018 was $207.4 billion. “The Fund’s value continued to grow during its 2019 fiscal year and …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionCity of Rome – Solar Power Purchase Agreements (2015M-290)
… purpose of our audit was to evaluate the City’s process for entering into solar power purchase agreements for the period January 1, 2013 through June 30, 2015. …
https://www.osc.ny.gov/local-government/audits/city/2016/05/20/city-rome-solar-power-purchase-agreements-2015m-290Accounts Payable Advisory No. 13
… Subject: Disabling Voucher Matching Guidance: It has come to our attention that … in SFS. Agencies are instructed that failure to utilize voucher matching is unacceptable and that this practice must stop immediately. The voucher matching process provides important controls …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/13-voucher-matching-process-required-sfsWest Seneca Fire District #4 – Procurement (2020M-52)
… policy could be improved. District officials were unable to provide written quotes for 42 purchases totaling $149,854 to demonstrate competitive pricing. Key Recommendations … with our findings and recommendations and indicated they have initiated, or planned to initiate, corrective action. …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/06/18/west-seneca-fire-district-4-procurement-2020m-52Buffalo United Charter School - Financial Management (2018M-197)
Determine whether the Board ensured School funds are used in the most effective and economical manner
https://www.osc.ny.gov/local-government/audits/charter-school/2019/03/22/buffalo-united-charter-school-financial-management-2018m-197New York State Comptroller Thomas P. DiNapoli Statement on the Passing of Edward Regan
… "Edward Regan was a giant among men of public finance. He was a quiet, deliberate man who vehemently … poor fiscal choices. He soundly managed the state's public pension fund and wisely argued against New York's … Edward Regan was a giant among men of public finance …
https://www.osc.ny.gov/press/releases/2014/10/new-york-state-comptroller-thomas-p-dinapoli-statement-passing-edward-reganCity of Yonkers – Procurement of Professional Services (2017M-268)
… June 30, 2017. Background The City of Yonkers is located in Westchester County and has a population of approximately 200,800. The City is governed by an elected seven-member City Council. Budgeted … appropriations for the 2016-17 fiscal year, excluding City public schools, totaled approximately $546 million. Key …
https://www.osc.ny.gov/local-government/audits/city/2018/02/23/city-yonkers-procurement-professional-services-2017m-268New York State Comptroller Thomas P. DiNapoli Statement on the Governor's Budget Proposal
… broader impact of these proposals. The Medicaid Redesign Team is faced with the challenge of identifying $2.5 billion …
https://www.osc.ny.gov/press/releases/2020/01/new-york-state-comptroller-thomas-p-dinapoli-statement-governors-budget-proposalDiNapoli Statement on Governor's Veto of Transparency Legislation
… spending and was supported unanimously in both the State Senate and Assembly: “I am very disappointed the Governor vetoed our bill requiring more transparency and accountability for … had unanimous support in both the Assembly and the Senate. We’ll work with our legislative sponsors, Senator …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-statement-governors-veto-transparency-legislation