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Schuyler County Industrial Development Agency – Project and Sublease Approval and Monitoring (2014M-369)
… projects, and it entered into four sublease agreements with businesses. Key Findings The Board has not established … to monitor projects and subleases and ensure compliance with agreement terms. Enforce recapture provisions if a … sublessee does not meet performance expectations or comply with project or sublease agreement terms. …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/04/28/schuyler-county-industrial-development-agency-project-andBackground Checks at Municipal Youth Programs (2012-MS-5)
… reports to the following: Towns of Amherst [pdf] , Clifton Park [pdf] , Manlius [pdf] and Seneca Falls [pdf] and the … their youth program services. Only the Town of Clifton Park annually screened all program personnel against the … resources. Two municipalities (Town of Manlius and the City of New Rochelle) only screened personnel providing …
https://www.osc.ny.gov/local-government/audits/city/2013/01/25/background-checks-municipal-youth-programs-2012-ms-5City of Jamestown – Internal Controls Over Selected Financial Operations (2013M-72)
… Findings The Board of Public Utilities (BPU) did not seek bids for purchases from six vendors who were paid $387,763 and the City did not seek bids for purchases from one vendor who was paid $65,864. BPU … substituted with personal checks. Key Recommendations Seek bids and quotes as required by City policy and State statute. …
https://www.osc.ny.gov/local-government/audits/city/2013/06/14/city-jamestown-internal-controls-over-selected-financial-operations-2013m-72DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… For the three-month period ending Sept. 30, 2022, Fund investments returned an estimated -3.85%. “The recent … Review . The review, most recently performed by Kroll LLC, found the Fund “continues to be a leader amongst its …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterDiNapoli Releases Bond Calendar for Third Quarter
… the month of September at this time. The anticipated sales in the third quarter compare to past planned sales of $4.99 … is released by the committee to assist participants in the municipal bond market. It is contingent upon execution …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-releases-bond-calendar-third-quarterDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was 5.84% for the state fiscal year that ended March 31, 2025. The Fund closed the year with an estimated value of $272.8 … State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Funds Fund investment …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25DiNapoli: State Tax Receipts Through First Half of Fiscal Year Exceed Projections by $2.4 Billion
… exceeding the latest projections from the First Quarterly Update by $2.4 billion, according to the September State Cash … exceeding the latest projections from the First Quarterly Update by $24 billion …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-state-tax-receipts-through-first-half-fiscal-year-exceed-projections-2-point-4-billionDiNapoli: State Tax Receipts Higher Than Projections in First Quarter
… employment and economic growth may present a challenge in the coming months, along with the potential impact of … were nearly $3 billion higher than the same period in SFY 2024-25, reflecting, in part, the 24.9% increase in collections from the …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-tax-receipts-higher-projections-first-quarterCost-of-Living Adjustment – Article 14 Benefits
… to receive. Once you become eligible for a cost-of-living adjustment, your benefit will include either the COLA or escalation (if eligible), whichever adjustment provides the greater benefit. …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentPrivate Equity
… Program 180 North Stetson Avenue, Suite 1320 Chicago, IL 60601 (312) 782-7771 www.m2am.com Leadership: André Rice …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/private-equityOperational Advisory No. 36
… Subject: GFO Updates – Postage/Shipping account codes Guidance : The Office of the State Comptroller (OSC) has updated the guidance for the use of account codes 55203, Postage and 55220, Shipping. Account code 55220 which was previously titled Shipping has …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/36-gfo-updates-postageshipping-account-codesEast Meadow Public Library – Claims Auditing (2017M-275)
… Conduct a deliberate and thorough audit of each individual claim and ensure that each claim is sufficiently supported. Ensure compliance with the …
https://www.osc.ny.gov/local-government/audits/library/2018/03/09/east-meadow-public-library-claims-auditing-2017m-275Shenendehowa Central School District – Claims Processing (2016M-137)
… of Clifton Park, Halfmoon, Ballston, Malta, Stillwater and Waterford in Saratoga County. The District, which operates 13 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/shenendehowa-central-school-district-claims-processing-2016m-137Valley Stream Central High School District – Payroll (2016M-19)
… 1, 2014 through September 28, 2015. Background The Valley Stream Central High School District is located in the Town of … the following Union Free School Districts (UFSD): Valley Stream UFSD Thirteen, Valley Stream UFSD Twenty-four and Valley Stream UFSD Thirty. The …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/08/valley-stream-central-high-school-district-payroll-2016m-19Oneida-Herkimer-Madison BOCES – Claim Payments (2015M-350)
… of Audit The purpose of our audit was to review the BOCES’ claim payments for the period July 1, 2014 through August 31, … OneidaHerkimerMadison BOCES Claim Payments 2015M350 …
https://www.osc.ny.gov/local-government/audits/boces/2016/03/11/oneida-herkimer-madison-boces-claim-payments-2015m-350Fayetteville-Manlius Central School District – Claims Audit Process (2016M-196)
… Purpose of Audit The purpose of our audit was to examine the District’s claims audit process for the period … adequate procedures over the claims processing function to ensure that claims are adequately documented and … appropriate purposes and are audited and approved prior to payment. Key Recommendations There were no recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/fayetteville-manlius-central-school-district-claims-audit-process-2016mTompkins County Soil and Water Conservation District – Agriculture Environmental Management (2016M-306)
… million. Key Finding District officials did not meet their technical goals for the first year of their five-year …
https://www.osc.ny.gov/local-government/audits/district/2016/11/25/tompkins-county-soil-and-water-conservation-district-agriculture-environmentalMassapequa Water District (2014M-100)
… determine if the Board appropriately provided individual life insurance policies to District employees for the period … and 14 full-time employees. GML only authorizes group term life insurance policies for employees of a water …
https://www.osc.ny.gov/local-government/audits/district/2014/06/13/massapequa-water-district-2014m-100Village of Southampton – Fire Department Length of Service Award Program (2017M-59)
… $27.7 million. Key Findings The Village’s LOSAP’s Point System is not consistent with General Municipal Law (GML). Points were not awarded in accordance with the Point System. Key Recommendations Review and amend the Village’s Point System, as necessary, to ensure conformity with GML. …
https://www.osc.ny.gov/local-government/audits/village/2017/07/07/village-southampton-fire-department-length-service-award-program-2017m-59Village of Green Island – Water Fund Financial Condition (2015M-237)
… 1, 2012 through May 31, 2015. Background The Village of Green Island is located in Albany County and has a population … Village of Green Island Water Fund Financial Condition 2015M237 …
https://www.osc.ny.gov/local-government/audits/village/2015/12/31/village-green-island-water-fund-financial-condition-2015m-237