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DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated … Fund’s value to an estimated $254.8 billion. “The state pension fund rode the market rebound from the depths of the … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyTown of Dayton - Fund Balance Management (2019M-221)
… [read complete report - pdf] Audit Objective Determine whether the Board has …
https://www.osc.ny.gov/local-government/audits/town/2020/01/31/town-dayton-fund-balance-management-2019m-221Recent Trends and Impact of COVID-19 in the Bronx
… 26 The U.S. Small Business Administration opened the online application portals for the SVOG and the Restaurant … December 2020, and project completion is expected to be in 2025. Revenue declines during the pandemic resulted in the …
https://www.osc.ny.gov/reports/osdc/recent-trends-and-impact-covid-19-bronxDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… Volunteer Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and sentenced to serve five years of probation for stealing from the fire company. Perkins, 58, previously pleaded guilty to grand larceny in the fourth degree in November 2023. “Ms. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsIntroduction to IT Governance – Information Technology Governance
… is integral in nearly all aspects of local government and school operations. The following guidance is intended to make …
https://www.osc.ny.gov/local-government/publications/it-governance/introduction-it-governanceCayuga County – County Bridge Maintenance (S9-13-4)
… The County’s budgeted expenditures totaled $134 million in 2012. The County Highway Department is responsible for the … bridges. It is not fiscally responsible for other bridges in the County. Key Findings The County does not have a … generally higher for the years in which assessments took place). We examined all 48 flags issued during the period …
https://www.osc.ny.gov/local-government/audits/county/2013/07/19/cayuga-county-county-bridge-maintenance-s9-13-4DiNapoli: Brooklyn Leads NYC’s Economic Recovery
… Brooklyn’s economy is showing signs of recovery that outpace … of our city, while also fighting to make New York the best place to both work and raise a family.” “The Comptroller’s … Crystal Hudson . “Brooklyn remains the most exciting place to be, with the hum of new and emerging businesses, its …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryHigher Education – 2021 Financial Condition Report
… Online course enrollment for the State University of New York (SUNY) increased by 13.6 percent in the 2019-20 … instruction in 2018-19 academic year was 5.6 percent. Of the 220,103 students in 2019-20 academic year that … Assistance In the 2020-21 academic year, average costs of tuition and fees for full-time, in-state students for SUNY …
https://www.osc.ny.gov/reports/finance/2021-fcr/higher-educationOpinion 88-59
… AND EMPLOYEES -- Compensation (authority to pay village justice the salary of acting village justice); (retroactive payment); (salary increase for village justice) VILLAGE JUSTICE -- Acting Justice (appointment …
https://www.osc.ny.gov/legal-opinions/opinion-88-59DiNapoli Releases Economic Snapshot of Staten Island Highlighting Borough's Resilience and Progress
… thousands of families across our borough," said District Attorney Michael McMahon . "I truly appreciate Comptroller … in the wake of Super Storm Sandy," said Assembly Member Nicole Malliotakis . "We have become home to a record number …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-releases-economic-snapshot-staten-island-highlighting-boroughs-resilience-and-progressFormer Assistant Director of Queens Pre-School Provider Pleads Guilty to Stealing $5 Million Intended for Special Needs Students
… Ira Kurman, that it planned to conduct a routine audit of SEIT funds provided to ICDC. When auditors arrived …
https://www.osc.ny.gov/press/releases/2017/04/former-assistant-director-queens-pre-school-provider-pleads-guilty-stealing-5-million-intendedDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… New York’s 107 local Industrial Development Authorities … reported 4,324 active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase … can play an important role in helping local economies and businesses expand. This report provides taxpayers with a look …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionTown of Decatur – Town Clerk (2020M-58)
… Key Findings The Clerk did not issue duplicate receipts for any collections during the audit period which totaled …
https://www.osc.ny.gov/local-government/audits/town/2020/11/06/town-decatur-town-clerk-2020m-58State Agencies Bulletin No. 2341
… Purpose: The purpose of this bulletin is to provide agencies with instructions for processing the … using Earnings Code PFR : Earnings Code: PFR Effective Date: 04/01/2025 OT Eff Date: 04/01/2025 Annual Addl … in which the payment was made. Overtime Calculation and Retirement Information: The Firearms Training and Safety …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2341-2024-2025-public-employees-federation-pef-firearms-training-and-safetyOpinion 90-44
… §5-508: The compensation proposed to be paid to members of a village board of trustees which must be published in the … "compensation" for each member of the board of trustees. You ask whether the "compensation" referred to in section … 5-508(3) refers to "compensation", rather than "salary" as do the comparable provisions of the Town and County Laws, we …
https://www.osc.ny.gov/legal-opinions/opinion-90-44XVI.3.E The Reporting Entity – XVI. Financial Reporting
… significant related party transactions with the State. Guide to Financial Operations REV. 12/27/2024 … New York …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityNorthern Onondaga Public Library District – Cash Disbursements (2013M-236)
… provides adequate oversight of the District’s process for cash disbursements for the period January 1, 2012, to January 31, 2013. … direct access to District bank accounts to withdraw funds for claims that have not been reviewed by the Board members …
https://www.osc.ny.gov/local-government/audits/library/2013/11/08/northern-onondaga-public-library-district-cash-disbursements-2013m-236Opinion 92-49
… town election, if the lease payments are to be paid from moneys appropriated from taxes levied for the current … a park or recreational purpose (see 1987 Opns St Comp No. 87-22, p 36). Based on the similarity between the … it chooses to make payments due under the lease, will be required to appropriate moneys for that purpose in future …
https://www.osc.ny.gov/legal-opinions/opinion-92-49Town of Dansville - Board Oversight (2014M-115)
… 28, 2014. Background The Town of Dansville is located in Steuben County and had a population of 1,842 as of the … and capital plan, and it did not have any other mechanism in place to adequately address the Town’s long-term operational …
https://www.osc.ny.gov/local-government/audits/town/2014/09/05/town-dansville-board-oversight-2014m-115Inflation in the New York City Metropolitan Area
… April 21, 2022 PDF Version Last week, the U.S. Bureau of Labor Statistics (BLS) released new data … and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-area