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DiNapoli: MWBE Participation in the State’s Pension Fund Rose to All-Time High in State Fiscal Year 2020-21
… Fund (Fund) assets managed by Minority and Women-Owned Business Enterprise (MWBE) managers grew from $20 billion to approximately $27 billion in state fiscal year 2020-21 and … with Emerging Managers and Minority- and Women-Owned Business Enterprises, and it has paid off,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-mwbe-participation-states-pension-fund-rose-all-time-high-state-fiscal-year-2020-21Cost-Saving Ideas: Overtime Planning and Management
… Reducing the cost of employee salaries and benefits by even a small … AWS examples Five-day flex schedule: Regular start and end times, but allows for changes in these times to accommodate … called in before their scheduled start time, they can be asked to leave early instead of working until the end of …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Fund (Fund) will restrict investments in 21 shale oil and gas producing companies, including Pioneer Natural Resources Co., Hess … profitable and dynamic future,” DiNapoli said. “The shale oil and gas industry faces numerous obstacles going forward … Retirement Fund Fund will restrict investments in 21 shale oil and gas producing companies including Pioneer Natural …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesOpinion 89-19
… RULES, §§8017(a), 8022; SOCIAL SERVICES LAW, §61: A county department of social services is subject to pay the appellate … of the exemption in CPLR 8017(a). You ask whether a county department of social services is subject to the fees … You suggest, however, that the commissioner of the local department of social services should be considered an agent …
https://www.osc.ny.gov/legal-opinions/opinion-89-19XI.2.E Submission of Agency Contracts and Amendments – XI. Procurement and Contract Management
… This section outlines the process and documentation requirements for contract and amendment submittals subject to the Office of the State Comptroller (OSC) approval. Once … This section outlines the process and documentation requirements for contract and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2e-submission-agency-contracts-and-amendmentsRoxbury Central School District - Health Insurance Buyouts (2019M-89)
… during our audit period. Three employees received $34,738 in health insurance buyouts that they may not have been … about the intent of the health insurance buyouts outlined in the CBAs and determine whether changes should be made to … action. Appendix B includes our comments on issues raised in the District’s response letter. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/08/09/roxbury-central-school-district-health-insurance-buyouts-2019m-89DiNapoli: Critical Pre-School Special Education Services Not Reaching All Students Who Need Them
… in need of special education services are not always getting the help they need or are getting services late, … districts must do a better job serving these students. I am pleased that SED agreed with our findings and has taken … required services. SED does not have the data it needs to be aware of the challenges, such as provider shortages, …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-critical-pre-school-special-education-services-not-reaching-all-students-who-need-themReceiving Your Benefit and Filing Your Option Election – Article 14 Benefits
… all of which will provide you with a monthly benefit for life. You may elect the Single Life Allowance, which … may elect to receive a smaller monthly benefit to provide for a possible payment to a designated beneficiary after your … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-electionOversight of Undistributed Child Support Funds
… Purpose To determine if the Office of Temporary and Disability Assistance’s (OTDA) oversight and guidance are sufficient for local social service districts to … To determine if the Office of Temporary and Disability Assistances oversight and guidance are sufficient for local social service districts to …
https://www.osc.ny.gov/state-agencies/audits/2018/02/09/oversight-undistributed-child-support-fundsOversight of the Early Intervention Program
… the Early Intervention Program (Program) in compliance with all applicable laws and regulations and ensuring … the Early Intervention Program Program in compliance with all applicable laws and regulations and ensuring …
https://www.osc.ny.gov/state-agencies/audits/2023/02/28/oversight-early-intervention-programDiNapoli Releases Dashboard Tracking Federal Covid Funding and State Relief Programs
… Comptroller Thomas P. DiNapoli announced today the launch of his new online tool to monitor spending of federal recovery aid and COVID-19 relief programs in the … DiNapoli said. “New York has received an historic level of federal funding to weather the COVID-19 pandemic. This has …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-releases-dashboard-tracking-federal-covid-funding-and-state-relief-programsCortlandville Fire District – Credit Cards (2020M-57)
… complete report - pdf ] Audit Objective Determine whether credit card purchases were adequately supported, for … purposes and paid timely. Key Findings The Board approved credit card charges totaling $18,124 without adequate … and $192 for interest. Key Recommendations Adhere to the credit card policy and ensure that supporting documentation …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/07/10/cortlandville-fire-district-credit-cards-2020m-57NYS Comptroller DiNapoli Files Suit Against Wynn Resorts' Board of Directors
… State Comptroller Thomas P. DiNapoli today announced that, as Trustee of the New York State Common Retirement Fund, he has filed a … officers or directors have not met their obligations as fiduciaries of the company. Among its requests for relief, … State Comptroller Thomas P DiNapoli today announced that as Trustee of the New York State Common Retirement Fund he …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-files-suit-against-wynn-resorts-board-directorsNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… industry and I have no doubt he will continue to build on our long record of success. Now, more than ever, a diversity … forward to his contributions.” “We are extremely proud of our Emerging Managers Program and Sly has already added to … or with the assistance of other managers and program partners in separately managed accounts or commingled funds. …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorDiNapoli Statement on NYC's 2025 Budget Modification
… the following statement today regarding New York City's 2025 budget modification. "New York City’s Fiscal Year 2025 budget modification raises current year spending to $115 … the following statement today regarding New York Citys 2025 budget modification …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-statement-nycs-2025-budget-modificationTown of Seneca Falls - Town Hall Capital Project (2018M-220)
… Board inadequately planned for the project, which resulted in the need to borrow $885,000 from the Tax Stabilization … use of reserve funding sources for capital projects are in compliance with applicable statutes and regulations. Town …
https://www.osc.ny.gov/local-government/audits/town/2019/02/22/town-seneca-falls-town-hall-capital-project-2018m-220Opinion 89-47
… opinion. FIRE DISTRICTS -- Extension (when adjoining fire protection district is dissolved) -- (assessment of capital costs in district as extended) FIRE PROTECTION DISTRICTS -- Dissolution (when added to adjoining … a public hearing, adopt a resolution dissolving a fire protection district and adding the whole of the dissolved …
https://www.osc.ny.gov/legal-opinions/opinion-89-47Cost-Saving Ideas: Credit Card Accountability - Minimizing the Risk of Error, Misuse and Fraud
… it is often more convenient for them to pay with a credit card than to fill out a procurement request form and wait for … expenses, local governments must have both a credit card policy and a system of internal controls in place. … below as a reference for adopting a strong credit card policy and developing sensible internal controls. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-credit-card-accountability-minimizing-risk-error-misuse-and-fraudCompliance With the Enough is Enough Act
… Purpose To determine if the State Education Department (SED) and Division of State … (DSP) are complying with the requirements under the Enough is Enough Act (Act). The audit covers the period July 7, 2015 to … To determine if the State Education Department and Division of State Police …
https://www.osc.ny.gov/state-agencies/audits/2018/01/24/compliance-enough-enough-actPatchogue-Medford Union Free School District – Budget Review (B7-16-1)
… the significant revenue and expenditure projections in the District’s tentative budget for the 2016-17 fiscal … The Patchogue-Medford Union Free School District, located in Suffolk County, issued debt totaling $6 million to liquidate the accumulated deficit in the District’s general fund as of June 30, 2006. Local …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/11/patchogue-medford-union-free-school-district-budget-review-b7-16-1