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The Securities Industry in New York City, October 2023
The securities industry saw record performance in 2020 and 2021, facilitated by lower borrowing costs and increased liquidity resulting partly from the federal government’s policy response to the pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2024.pdfYork College – Time and Attendance Practices for Public Safety Staff
… assistants. The Department’s security staff is augmented by contract security officers. In 2013, the Department had 42 … outside contractors) was about $2,071,000. Overtime pay accounted for $330,500 (16 percent) of the total payroll cost. Key Findings Neither CUNY Central nor York had …
https://www.osc.ny.gov/state-agencies/audits/2015/04/06/york-college-time-and-attendance-practices-public-safety-staffDiNapoli Finds Major Problems with Rochester School District Payments
… bidding requirements. In addition, auditors looked at purchase orders to 11 vendors totaling $1.5 million which …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-finds-major-problems-rochester-school-district-paymentsDiNapoli Announces Latest Fiscal Stress Scores
… of 14 local governments in New York state ended their fiscal year 2023 with a fiscal stress designation, the same as a … governments were in a stress category in both fiscal years 2022 and 2023, including the cities of Albany, Little Falls, …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-announces-latest-fiscal-stress-scoresDiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… is not doing enough to ensure adequate protections are in place for children who are placed in the custody of … foster care system, according to an audit released today by State Comptroller Thomas P. DiNapoli. “The Office of … state's 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansVillage of Clayton – Claims Auditing (2021M-81)
… and ensured written quotes were obtained for purchases and public works contracts. Key Findings The Board did not … claims totaling $495,104 were not approved for payment by the Board, and claims totaling $52,000 to the local … and ensured written quotes were obtained for purchases and public works contracts …
https://www.osc.ny.gov/local-government/audits/village/2021/09/03/village-clayton-claims-auditing-2021m-81Opinion 2005-5
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. POLICE AND POLICE … or welfare benefits and employer contributions to pension or annuity funds” (emphasis added). Section 207-m was …
https://www.osc.ny.gov/legal-opinions/opinion-2005-5Residents of Long-Term Care Facilities Lacking Access to Advocates
… of long term care patients. Strengthening and expanding NYS’s Ombudsman program helps. Now, that some of the … required annual training; and Develop a long-term advocacy plan that is informed by reliable data and that identifies …
https://www.osc.ny.gov/press/releases/2019/10/residents-long-term-care-facilities-lacking-access-advocatesDiNapoli Releases January State Cash Report
… closely to see if revenues meet the Division of the Budget's projected growth." Through the first 10 months of the … accessible on his transparency website called Open Book New York ( www.openbooknewyork.com ). … State tax collections …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-releases-january-state-cash-reportDiNapoli: MTA’s Subway Station Repair List Is Growing
… The overall number of repairs needed in New York City’s subway stations has increased, leaving … of potentially hazardous worn or damaged platform edges is particularly troubling. On the plus side, the MTA has been … lighting, walls and ceilings), and rating their condition from 1.0 to 5.0. Under 3.0 is considered in good repair and …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-mtas-subway-station-repair-list-growingFormer Avon Police Chief Pleads Guilty to Stealing Federal Funds
… announced today that that Joseph Geer, 40, of Caledonia, NY, pleaded guilty before Chief U.S. District Judge Elizabeth … wage by the district. Between September 2023 and January 2024, Geer was employed as the Avon Police Chief and an SRO … advantage of his position to serve himself, said New York State Comptroller Thomas P. DiNapoli . "My thanks to U.S. …
https://www.osc.ny.gov/press/releases/2025/02/former-avon-police-chief-pleads-guilty-stealing-federal-fundsDiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… The median assumed rate of return for public pension funds is 7.62, according to a February 2016 brief issued by …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18eBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… and revised its Guidelines to state that, “When searching for new directors, the Board should actively seek out highly … to diversity as it plans the creation of a separate board for PayPal.” “As eBay enters this critical transition, Trillium applauds the company for increasing board diversity as it looks to the future. We …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersComptroller DiNapoli Announces State Contract & Payment Actions
… of vendor responsibility, proper approvals or committed funding. Agencies may resubmit these for review if the issues …
https://www.osc.ny.gov/press/releases/2014/01/comptroller-dinapoli-announces-state-contract-payment-actionsDiNapoli Announces State Contract and Payment Actions for May 2017
… field is level and taxpayers get the best value for their money. These independent audits also help ensure payments are …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-announces-state-contract-and-payment-actions-may-2017DiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… Renewable energy projects have been taking more than three years to receive siting permits … there is no requirement for ORES to track or account for how long it takes to complete an application. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysOpinion 92-33
… with chamber of commerce) PARK DISTRICTS -- Powers and Duties (expenditures for promotional services) LOCAL LAWS -- Pre-emption (special district matters) PUBLIC … for obtaining) TOWN LAW, §64(14)(a): A town board by resolution may establish a publicity fund and appropriate …
https://www.osc.ny.gov/legal-opinions/opinion-92-33DiNapoli: State Tax Collections Continue to Exceed Projections
… State tax receipts exceeded the Enacted Budget Financial Plan … Financial Plan Report, State Fiscal Year 2021-22 Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers
State Comptroller DiNapoli announced that Solomon Ross and William Lieber former insurance brokers for the Metropolitan Council on Jewish Poverty Met Council each have been sentenced to five years of probation and will each pay $15 million in restitution to Met Council
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokersNYS Common Retirement Fund Reports Second Quarter Results
… diversified to smooth out the stock market rollercoaster, and maximize sustainable investment returns over the … its assets invested in publicly traded domestic equities and 15.6 percent in international public equities. The … Fund assets by allocation are invested in cash, bonds and mortgages (23.0 percent), private equity (8.4 percent), …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-results