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DiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… help diversify the Fund’s investments and expand its pool of investors. DiNapoli made the announcement at the Fund’s … consisting of an experienced and knowledgeable team of professionals committed to the emerging manager arena. … of emerging managers in 1990, and with several seasoned professionals expanded the use of emerging managers across …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programExxon's Investors Call for Meaningful Climate Risk Plan
… said. "Exxon's business is extremely vulnerable to changes in climate regulation and consumer demand. Unlike its peers … Retirement Fund is the third largest public pension fund in the United States, with an estimated $186 billion in … including equities, real estate and alternative investment strategies. The Commissioners' work supports the Church of …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planDiNapoli: NYC Transportation and Warehousing Sector Fares Better Than Other Sectors in Recovery Amid Shift to E-Commerce
… planes dropped more than 73% in 2020 at JFK and LaGuardia on a combined basis. In 2019, JFK served 62.6 million …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-nyc-transportation-and-warehousing-sector-fares-better-other-sectors-recovery-amid-shift-eGASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
… Issued To: County, City, Town and Village Chief Fiscal Officers GASB Statement No. 33 provides accounting and reporting guidelines for nonexchange transactions. A … exchange. There is no clear link between services provided and supporting revenues. The statement describes four …
https://www.osc.ny.gov/local-government/publications/gasb-statement-no-33-accounting-and-financial-reporting-nonexchange-transactionsAccounting and Reporting Manual for Fire Districts
Fire District Accounting and Reporting Manual
https://www.osc.ny.gov/files/local-government/publications/pdf/arm-fds.pdfMay 1998: Accounting Requirements and Program Information for Multi-Modal Transportation Program
… expenditures will be classified by functional unit based on the type of project being undertaken. Enterprise funds … must meet the following general requirements; must have a ten (10) year "bondable" service life; must meet … on their reimbursement request form that the projects have a ten year service life and for the following project …
https://www.osc.ny.gov/local-government/publications/may-1998-accounting-requirements-and-program-information-multi-modal-transportation-programWheelerville Union Free School District – Unused IT Asset Inventory (2022M-2)
… Audit Objective Determine whether Wheelerville Union Free School District (District) officials maintained complete and accurate inventory records to safeguard unused …
https://www.osc.ny.gov/local-government/audits/school-district/2022/05/27/wheelerville-union-free-school-district-unused-it-asset-inventory-2022m-2Real Property Tax Levies, Taxable Full Value and Full Value Tax Rates
… below contain real property tax levies, taxable full value and full value tax rates for local governments. Read the data … files to learn about how the tables are organized and how they differ from previous versions. 2024 LG [.xlsx] | … [.xls] | 2014 LG [.xls] | 2013 LG [.xls] | Data for 2012 and prior Data Notes: Data for 2012 and prior are not …
https://www.osc.ny.gov/local-government/data/real-property-tax-levies-taxable-full-value-and-full-value-tax-ratesNorth Colonie Central School District - Extra-Classroon Activity Funds (2019M-144)
… supporting documentation for collections, including 23 of 48 deposits totaling $45,518. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/school-district/2019/09/13/north-colonie-central-school-district-extra-classroon-activity-fundsEnvironment, Energy and Agriculture – 2022 Financial Condition Report
… Department of Environmental Conservation (DEC) In SFY 2021-22, DEC All Funds spending totaled $1.3 billion, an increase of $350.8 million (35.4 percent) from SFY 2020-21 as agency … local assistance spending with a year-over-year increase of 122.6 percent. As of March 31, 2022, employment at DEC was …
https://www.osc.ny.gov/reports/finance/2022-fcr/environment-energy-and-agricultureDiNapoli: School District Tax Levy Cap at 2% for Third Straight Year
… the rate of inflation or 2% with certain exceptions. The law also includes provisions that allow school districts and … their budgets and ensure they comply with the tax cap law.” The 2% allowable levy growth affects the tax cap …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearFrewsburg Central School District – Extra-Classroom Activity and Scholarship Funds (2021M-159)
… ] Audit Objective Determine whether the Frewsburg Central School District’s (District) extra-classroom activity (ECA) and …
https://www.osc.ny.gov/local-government/audits/school-district/2022/03/11/frewsburg-central-school-district-extra-classroom-activity-andWoodbourne Fire District – Board Oversight (2023M-98)
… B includes our comments on issues that were raised in the District’s response letter. … Determine whether the …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/12/29/woodbourne-fire-district-board-oversight-2023m-98Gilbertsville-Mount Upton Central School District – Fixed Assets (2021M-139)
… did not properly monitor and account for 70 percent of the 60 fixed assets we examined, including computers, … science equipment. 34 assets with combined purchase prices of approximately $46,400 did not have required asset tags … inventory list. Three assets with combined purchase prices of more than $2,000 could not be located. Seven assets (which …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/22/gilbertsville-mount-upton-central-school-district-fixed-assets-2021m-139Sidney Central School District – Expenditure Control and Student Achievement (2014M-163)
… learning technologies. District officials reduced general fund expenditures by more than $613,000 annually by moving … District officials obtained more than $1.6 million in new computer equipment with State and BOCES aid, resulting in no net increase in general fund costs, and reduced the tax levy by more than 5 percent. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/29/sidney-central-school-district-expenditure-control-and-studentXII.10.C Verifying Vendor Licenses, Certifications, Registrations, Insurance, and Qualifications – XII. Expenditures
… Overview and Policies: The purpose of this section is to remind Business Units to verify vendor qualifications prior to making payment when the vendor is: required to be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii10c-verifying-vendor-licenses-certifications-registrations-insurance-and-qualificationsState Contract and Payment Actions in September
… Recreation and Historic Preservation $5 million to the Boy Scouts of America for the purchase of land in Seneca … Program. Department of Transportation $3.6 million to El Sol Contracting ES/II Enterprises JV for bridge repairs on …
https://www.osc.ny.gov/press/releases/2023/11/state-contract-and-payment-actions-septemberDiNapoli: New Jersey Man Pleads Guilty to Embezzling From a Decedent's Estate for Which He Was Court-Appointed Administrator
… State Comptroller Thomas P. DiNapoli, United States Attorney for the Southern District of New York, Geoffrey S. Berman and Philip R. Bartlett, …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-new-jersey-man-pleads-guilty-embezzling-decedents-estate-which-he-was-court-appointedComptroller DiNapoli Releases School Audits
… and increased accountability, it’s critical that schools make every dollar count,” DiNapoli said. “By auditing school …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-school-audits-1Opinion 92-28
… of proceeds to a public library); (payment of interest for notes issued for library taxes) LIBRARIES -- Finances (issuance and … notes) -- Investments (interest earned on) -- Taxes (time for payment over by school district) SCHOOL DISTRICTS -- …
https://www.osc.ny.gov/legal-opinions/opinion-92-28