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NY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… to lower emitting corporations. The increased allocation, from the Fund's regular index holdings, raises the current … not helping build a decarbonized future, they may get left behind. Our strategy for sustainable, lower carbon investing … in investment capital flows toward clean energy and away from high polluting fossil fuel energy. This announcement …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… globally. As a long-term investor, we want the companies in our portfolio to demonstrate a commitment to … by the Paris Climate Agreement , and issue a report in 2018 on any plans to achieve these targets. Corporate … Disclosure Project) identified the largest GHG emitters in the Fund’s portfolio. The Fund already has ongoing …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… Average project value over the period increased 76% from $16.5 million per project in 2011 to $29.2 million in … $1.1 billion for the year, an increase of $87 million (9%) from the previous year. This continues a longer-term trend of … total revenues of $132 million, an increase of $60 million from 2020. The New York City IDA had the largest revenues at …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… July continued at a moderate pace, similar to growth rates from before the pandemic,” DiNapoli said. “This may be slower … decline at 12.1%. These monthly sales tax collections are from the cash distributions made to counties and tax-imposing …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearNY Received More From Washington Than It Sent Due to Federal Relief
… issued today by State Comptroller Thomas P. DiNapoli. In Federal Fiscal Year (FFY) 2022, New York state generated $361.8 billion in federal taxes and benefited from $383 billion in federal spending. For every tax dollar paid to Washington, …
https://www.osc.ny.gov/press/releases/2024/04/ny-received-more-washington-it-sent-due-federal-reliefDiNapoli Urges Vote Against eXp's Proposed Move to Texas and All Directors
… real estate brokerage, from Delaware to Texas and against all company directors in the wake of a troubling court … — is highly suspect and should raise concerns for all investors.” The precedent-setting ruling by the Delaware … culture.” In 2024, DiNapoli wrote eXp to express concern about legal and reputational risks and to request an …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-urges-vote-against-exps-proposed-move-texas-and-all-directorsOpinion 88-24
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Interest in Contract (reimbursement to board member for expenses incurred in maintaining private pond) GENERAL MUNICIPAL LAW, … member and her husband are reimbursed for costs incurred in connection with maintaining a pond located on the board …
https://www.osc.ny.gov/legal-opinions/opinion-88-24New York State Comptroller DiNapoli & Fire and Police Pension Association of Colorado Announce Appointment as Lead Plaintiffs in Boeing Shareholder Lawsuit
… announced that they have been appointed co-lead plaintiffs in a derivative lawsuit filed against current and former … Boeing’s lauded safety-engineering corporate culture in favor of what became a financial-engineering corporate … to the extent it was no longer even a topic of discussion in board meetings, despite numerous safety-related red flags. …
https://www.osc.ny.gov/press/releases/2020/08/new-york-state-comptroller-dinapoli-fire-and-police-pension-association-colorado-announce-appointmentRecent Trends and Impact of COVID-19 in Brooklyn
… population of the five boroughs with 2.7 million people in 2020 and was the fastest growing borough over the last decade (9.1 percent). Private sector employment in Brooklyn grew by 47.5 percent from 2010 to 2019, faster … in economic outcomes, as some neighborhoods remain well behind citywide and boroughwide levels. In addition, …
https://www.osc.ny.gov/reports/osdc/recent-trends-and-impact-covid-19-brooklynCompliance With the Sewage Pollution Right to Know Act and Monitoring and Enforcement of State Pollutant Discharge Elimination System Permit Requirements (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, Compliance With the Sewage … 2019-S-54 ). About the Program New York State is rich in surface and ground water resources, with over 70,000 miles … which impair or impact the quality of State waters and, in turn, pose health risks to those who use them. Two key …
https://www.osc.ny.gov/state-agencies/audits/2022/05/26/compliance-sewage-pollution-right-know-act-and-monitoring-and-enforcement-state-pollutantServices to Workers Under the Worker Adjustment and Retraining Notification Act (2022-S-11) 180-Day Response
To determine whether the Department of Labor (Department) is providing appropriate and timely services to workers affected by closings and layoffs that are covered under the Worker Adjustment and Retraining Notification Act, and is effectively overseeing employer compliance with the Act.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22s11-response.pdfRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions (2021-S-27) 180-Day Response
To determine whether the Metropolitan Transportation Authority (MTA) – New York City Transit (Transit) identified potential damage to its system and developed plans to mitigate the effect of extreme weather conditions and flooding. We also determined whether the MTA tested/updated the plans and ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-21s27-response.pdfEfforts to Collect Tolls and Fees Using License Plate Images and Law Firms (Follow-Up) (2021-F-15)
To determine the extent of implementation of the eight recommendations included in our initial audit report, Efforts to Collect Tolls and Fees Using Images and Law Firms (Report 2017-S-70).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21f15.pdfCVS Health - Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service (2019-S-51)
To determine if CVS Health remitted commercial drug rebate revenue related to Empire Plan drug utilization in accordance with its contract with the ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/2019-S-51.pdfCVS Health - Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service (2018-S-50)
To determine if CVS Health invoiced and remitted commercial rebate revenue related to Empire Plan drug utilization in accordance with its contract with the ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18s50.pdfMedicaid Program - Overpayments to Managed Care Organizations and Hospitals for Low Birth Weight Newborns (2013-S-57)
To determine if Medicaid overpaid managed care organizations and hospitals for low birth weight newborn claims.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-13s57.pdfMedicaid Program - Excessive Medicaid Payments to Federally Qualified Health Centers for Group Therapy Services (2013-S-51)
To determine if Medicaid reimbursement rates for group therapy services provided by Federally Qualified Health Centers were correctly applied
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-13s51.pdfMedicaid Program - Questionable Payments for Practitioner Services and Pharmacy Claims Pertaining to a Selected Physician (2012-S-35)
To determine if Dr. Riaz Ahmad complied with Medicaid policies and whether Dr. Ahmad’s medical records support the services he billed and the prescriptions he
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-12s35.pdfGrowing Cracks in the Foundation: Local Governments Still Challenged to Keep Up with Vital Infrastructure Needs
This follow-up report expands the analysis of the previous report; updating annual local government financial data and contrasting that to the associated local
https://www.osc.ny.gov/files/local-government/publications/pdf/infrastructure2014.pdfCVS Health - Accuracy of Drug Rebate Revenue Remitted to the Department of Civil Service (2016-S-41)
To determine if CVS Health invoiced and remitted commercial rebate revenue related to Empire Plan drug utilization in accordance with its contract with the Department of Civil Service.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-16s41.pdf