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DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter

… environment for the foreseeable future. Still, the Fund is highly diversified and built to weather the ups and downs … (6.23%). The Fund’s long-term expected rate of return is 5.9%. Every three years the Fund is required to undergo an independent Fiduciary and Conflict …

https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarter

State Comptroller DiNapoli Releases Audits

… Auditors identified approximately $10.2 million in improper Medicaid payments, including: $3.7 million in overpayments for claims that were billed with incorrect … insurance coverage that recipients had; $3.1 million in overpayments for claims involving Medicare coverage that …

https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-audits

State Comptroller DiNapoli Releases School District Audits

… Auditors determined, district officials did not fix leaks in the heating, cooling and ventilation system requiring buckets in the halls to collect leaked water. In addition, district officials did not create a corrective …

https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-school-district-audits

DiNapoli: State Tax Receipts Through First Half of Fiscal Year Exceed Projections by $2.4 Billion

… to the September State Cash Report released by State Comptroller Thomas P. DiNapoli. “Tax collections continued to … reflecting, in part, the effects of the Pass-Through Entity Tax (PTET), which allows certain taxpayers to make … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …

https://www.osc.ny.gov/press/releases/2022/10/dinapoli-state-tax-receipts-through-first-half-fiscal-year-exceed-projections-2-point-4-billion

DiNapoli: State Tax Receipts Higher Than Projections in First Quarter

… billion through the first quarter of State Fiscal Year SFY 202526 $5805 million higher than the most recent Division of …

https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-tax-receipts-higher-projections-first-quarter

Cost-of-Living Adjustment – Article 14 Benefits

… if you selected an option that pays a lifetime benefit to your beneficiary, and the beneficiary is your spouse at the time of death, he or she will be eligible to receive half of the COLA amount you would have been entitled to receive. Once you become eligible for a cost-of-living …

https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustment

Private Equity

… nine program partners who oversee the emerging managers on behalf of the Fund The partners source perform due …

https://www.osc.ny.gov/common-retirement-fund/emerging-manager/private-equity

Operational Advisory No. 36

… System. Account 55203 will not be available in SFY 2024-25 , and account code 55220 should be used for any shipping …

https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/36-gfo-updates-postageshipping-account-codes

Chester Union Free School District – Information Technology (2021M-107)

… a need for them. Monitored network user compliance with the District’s computer acceptable use policy (AUP) by reviewing computer … Monitor Internet use to ensure network users comply with the AUP. District officials agreed with our recommendations …

https://www.osc.ny.gov/local-government/audits/school-district/2022/03/11/chester-union-free-school-district-information-technology-2021m-107

Town of Wolcott – Information Technology (2020M-126)

… department software or implement compensating controls for software deficiencies. Town officials generally agreed …

https://www.osc.ny.gov/local-government/audits/town/2021/06/11/town-wolcott-information-technology-2020m-126

Jefferson Central School District – Procuring Services (2021M-42)

… District officials did not always seek competition for services. Officials paid: $135,000 to 10 of the 14 … competition. $6,410 to an employee’s private business for lawn care services without public written disclosure of …

https://www.osc.ny.gov/local-government/audits/school-district/2021/06/11/jefferson-central-school-district-procuring-services-2021m-42

East Irondequoit Central School District – Sexual Harassment Prevention Training (S9-23-18)

… (SHP Training). Key Findings SHP Training was not provided to all employees and any Board members. Of the 110 total … complete annual SHP Training and encourage Board members to complete the training. District officials generally agreed with our recommendations and indicated they planned to initiate corrective action. Appendix B includes our …

https://www.osc.ny.gov/local-government/audits/school-district/2023/08/25/east-irondequoit-central-school-district-sexual-harassment-prevention

City of Watertown – Sexual Harassment Prevention Training (S9-23-3)

… (SHP Training). Key Findings SHP Training was provided to employees and elected officials. However, there was a general lack of monitoring to ensure the SHP Training was completed by all employees and … agreed with our recommendations and indicated they planned to initiate corrective action. Appendix B includes our …

https://www.osc.ny.gov/local-government/audits/city/2023/09/01/city-watertown-sexual-harassment-prevention-training-s9-23-3

Schodack Central School District - Extra-Classroom Activities (2019M-85)

… Findings The faculty auditor does not review ECA records to ensure compliance with the Regulations. 62 of the 69 … Ensure the faculty auditor reviews ECA records to ensure compliance with the Regulations. Ensure that the … and indicated they have initiated or planned to initiate corrective action. …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/schodack-central-school-district-extra-classroom-activities-2019m-85

Village of West Haverstraw - Summer Program (2019M-146)

… Audit Objective Determine whether the Board ensured that summer program (Program) collections were properly accounted … Determine whether the Board ensured that summer program collections were properly accounted for …

https://www.osc.ny.gov/local-government/audits/village/2019/11/22/village-west-haverstraw-summer-program-2019m-146

Village of Red Hook - Procurement and Claims Auditing (2019M-100)

… did not properly audit claims. Key Recommendations Adhere to the procurement policy. Revise the procurement policy to include a competitive process for obtaining professional … findings and recommendations, but indicated they planned to implement some of our recommendations. Appendix B includes …

https://www.osc.ny.gov/local-government/audits/village/2019/10/11/village-red-hook-procurement-and-claims-auditing-2019m-100

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