Search
NYS Common Retirement Fund Announces Third Quarter Results
… of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. 31, 2015, according to … and provide sustainable returns and retirement security for generations to come.” The Fund's estimated value … quarter of the Funds 20152016 fiscal year was 288 percent for the threemonth period ending Dec 31 2015 according to New …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… is the third largest public pension plan in the nation with an audited value of $207.4 billion in assets (as of …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… FY 2027 (18% of city-fund revenues), even when adjusting for stronger revenue collections. “The city’s steps to close … Program to Eliminate the Gap. The city’s budget surplus for FY 2023, which will be used to prepay a portion of the … financial plan. If it is ratified and sets a pattern for other labor agreements, total labor costs would increase …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: NYC Parks Can Do More to Correct Barriers to People With Disabilities
… accessible, but many of the problems we found have existed for years and should have been addressed long ago.” Nearly … or parking spaces, to Not Achievable (Priority Level 5) for historic sites or hilltop parks where a fix was not … basis of an accessibility Transition Plan, a requirement for public entities under the ADA, but the Plan was never …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nyc-parks-can-do-more-correct-barriers-people-disabilitiesDiNapoli: Public Authority Debt Ballooned to $329 Billion
… an outsized impact in New York where they are responsible for a wide range of public functions, particularly in the … of $78.3 billion. State authorities alone accounted for $49.5 billion in spending, equivalent to nearly … billion or 55.7%) of their debt was revenue debt issued for authority purposes, $68 billion (20.7%) was issued for …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionDiNapoli: Federal Programs Bridge Gap in Broadband Access
… at or below 200% of the Federal Poverty Level are eligible for up to a $30 monthly subsidy for a broadband subscription. As of May 15, 2023, more than … facilitate sizable improvements in subscription rates for New York households with incomes below $20,000. In total, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-accessControls Over Tablet and Kiosk Usage by Incarcerated Individuals
… 2022. About the Program The Department is responsible for the confinement and rehabilitation of approximately … Department Directives. Facility employees are responsible for inspecting the physical security and condition of kiosks … According to the Department, it is not responsible for the tablet program, which it describes as a relationship …
https://www.osc.ny.gov/state-agencies/audits/2023/05/11/controls-over-tablet-and-kiosk-usage-incarcerated-individualsDiNapoli: State's Pandemic Response to Nursing Homes Hindered by Ill-Prepared State Agency
… The state Department of Health (DOH) was unprepared to respond to infectious disease … of funding for public health over the last decade forced DOH to operate without critical information systems and staff … Auditors found the Executive routinely reported incorrect data, inflating the perception of New York’s performance …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-states-pandemic-response-nursing-homes-hindered-ill-prepared-state-agencyXI.4 Overview – XI. Procurement and Contract Management
… by ensuring that critical services are provided. Not-for-profit entities generally provide these services. … of these agreements, including delineation of requirements for the assessment, suspension or waiver of interest … related to grant contracting, specifically: Not-for-Profit Prompt Contracting Standard Contract Language for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4-overviewDiNapoli: NYC Retail Sector Battered by Pandemic
… Comptroller Thomas P. DiNapoli. “2020 was a bleak year for brick and mortar retailers, and the holiday season's … half of all retail jobs in 2019, and these paid an average salary of $59,400, above the citywide average of $46,600. … half (52 percent) of the city’s retailers were approved for PPP loans. The number of retail jobs reported by them …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-retail-sector-battered-pandemicState Comptroller DiNapoli Statement on Governor's Resignation
… as we battle the ongoing impact of COVID-19. My team and I stand ready to assist incoming Governor Hochul as we … as we battle the ongoing impact of COVID19 My team and I stand ready to assist incoming Governor Hochul as we …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-statement-governors-resignationIV.4.E Grants and Public Assistance – IV. Accounting Codes - Uses and Descriptions
… to Others Interest on late payments for unjustified delays in paying vendors, and providers of service pursuant to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4e-grants-and-public-assistance2019 Annual Audit
… claims totaling nearly $732 million from its four special funds in 2019 - the Uninsured Employers Fund, the Special …
https://www.osc.ny.gov/state-agencies/audits/2021/05/19/2019-annual-auditIX.9.B Transfers to Other Funds – IX. Federal Grants
… from federal funds will be recorded in the federal grant fund as an Operating Transfer (transfer account code 60810 along with the fund affiliate of the receiving fund). These transactions are referred to as "Source 9" …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9b-transfers-other-fundsSummit Security Services, Inc. (Summit)
… Purpose The objective of our examination was to determine whether individuals who performed security guard and fire safety director … by Summit’s subcontractor, Bestworth Security Services, who did not meet the Contract qualifications . …
https://www.osc.ny.gov/state-agencies/audits/2020/08/03/summit-security-services-inc-summitDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… New York City is projecting a surplus of $3.4 billion for fiscal year (FY) 2016, but … 2016 surplus stems largely from unanticipated growth in tax revenues, debt service and agency savings, and a drawdown … remains strong, it is also showing signs of slowing. City tax collections, after growing at an average rate of 6.9 …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli Report Highlights Where New Yorkers Work
… programs to help ensure quality employment opportunities for all New Yorkers.” DiNapoli’s report found: While the … 2019, exceeding the Mid-Atlantic inflation rate of 17% for this period. While all industries experienced double … that could be influencing such gains are minimum wage increases, labor shortages or productivity gains. …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workDiNapoli: NYC’s Solid Housing Growth at Risk As Permits Fall
… housing has been concentrated since 2010 and implications for growth in other areas under the “City of Yes” initiative … can effectively address the city’s pressing need for housing over the coming decade.” The city gained 307,000 … units or 30% of housing citywide. Around the city, housing increases were often concentrated in specific areas like …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-nycs-solid-housing-growth-risk-permits-fallDiNapoli: Managed Care Companies Wasting Millions in State Medicaid Dollars
… for medications that were prescribed by deceased doctors, according to an audit released today by State … recoveries to DOH. There may be a disincentive for MCOs to report these recoveries because they are factored into the … have been and will be taken to address them. Read the report Medicaid Managed Care Organization Fraud and Abuse …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-managed-care-companies-wasting-millions-state-medicaid-dollarsDiNapoli: Dormitory Authority Overstated MWBE Contract Participation
… (DASNY) for the past four years overstated the amount of business it did with minority- and women-owned business … women-owned businesses and need to improve the accuracy of reporting program results.” State law requires state … and public authorities to promote the participation of minority- and women-owned business enterprises in their …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-dormitory-authority-overstated-mwbe-contract-participation