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NY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
New York State Comptroller Thomas P DiNapoli released the following statement today after the Asset Owners Disclosure Project named the New York State Common Retirement Fund as the number one US pension fund and the third globally for its work to address climate risk
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskDiNapoli: Former Vernon Center Fire Department Treasurer Arrested for Stealing Over $300,000
… York State Police announced today. The defendant, Jonnell Rose, was charged with grand larceny in the second degree. “Jonnell Rose allegedly exploited his position of trust to divert … by emailing a complaint to investigations@osc.ny.gov or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-former-vernon-center-fire-department-treasurer-arrested-stealing-over-300000IX.1 Accounting for Federal Grants – IX. Federal Grants
… relating to special accounting and reporting procedures for federally-financed domestic assistance programs; Apply to … and/or by the Division of the Budget. Accounting for Federal Grants The recordkeeping for individual grants is designed to conform to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix1-accounting-federal-grants-overviewComptroller's NYS Common Retirement Fund Responsibilities
… on investment decisions. Increased opportunities for women and minority firms throughout its portfolio of …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesCity of Amsterdam – Budget Review (B25-5-5)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2025-26. Background Chapter 531 of the Laws of 2019 authorizes the …
https://www.osc.ny.gov/local-government/audits/city/2025/05/15/city-amsterdam-budget-review-b25-5-5XIV.14.B Capital Assets – XIV. Special Procedures
… The major issues related to accounting for capital assets include the following: … benefit corporations Asset Retirement Obligations Guide to Financial Operations REV. 11/15/2023 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14b-capital-assetsOpinion 90-50
… generally requires either a deposit of the requisite funds by the municipality or proof that the municipal … has approved the project and appropriated the necessary funds. This is in reply to your inquiry regarding the legal … either the municipality must deposit sufficient funds with the State Comptroller for DOT to perform the work …
https://www.osc.ny.gov/legal-opinions/opinion-90-50DiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… provides an overview of these revenue sources and how they have affected local budgets in recent years. “With pandemic … up their fiscal foundations,” DiNapoli said. “By focusing on ensuring structural budget balance, using realistic … Taxpayers in the Dark The number of local governments that have failed to file timely annual financial reports [AFRs] …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsXI.14 Overview – XI. Procurement and Contract Management
… To promote the efficient and prudent use of state funds and to alert businesses of procurement opportunities, Article 4-C …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi14-overviewDiNapoli: Proposed Budget Holds the Line on Spending, Gives Executive Wider Discretion
… of the Budget (DOB) projects spending from State Operating Funds in the next fiscal year to total just under $94 … actions needed to limit annual growth in State Operating Funds expenditures to 2 percent. Based on projections of … and excluding the unspecified savings in State Operating Funds spending, the Comptroller estimates annual out-year …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-proposed-budget-holds-line-spending-gives-executive-wider-discretionComptroller DiNapoli Releases Municipal Audits
… complete. However, the condition of all court and trust funds were not reported to the Office of State Comptroller as required. Reports on the condition of court and trust funds was correct, however they did not include detailed … and complete. However, auditors identified $66,637 in funds that have not been turned over to the Office of State …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-municipal-audits-1Opinion 95-4
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. COUNTIES -- Powers … county for litigation services by a private attorney. You have requested our opinion regarding the procedure which the …
https://www.osc.ny.gov/legal-opinions/opinion-95-4Opinion 2008-3
… Comp No. 2003-4, at 10; cf . Wells v Town of Salina , 119 NY 280). Except as outlined above with respect to transfers …
https://www.osc.ny.gov/legal-opinions/opinion-2008-3Opinion 89-8
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- … of the town, receive the consent of the Comptroller, on behalf of the State, prior to establishing or …
https://www.osc.ny.gov/legal-opinions/opinion-89-8Comptroller DiNapoli Releases School Audits
… the district to circumvent the 4 percent statutory limit on unrestricted fund balance. In addition, the district did not have proper documentation for the establishment and use of … – Cafeteria Operations (Otsego County) District officials have taken steps to effectively manage cafeteria operations …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-auditsDiNapoli Takes Action to Hold Corporate America Accountable for Failing to Address Diversity, Equity and Inclusion
… shareholders. Our state pension fund continues to engage with portfolio companies to advance solutions to address our … from one year to another. DiNapoli reached agreements with Hilton Worldwide , Qorvo Inc. and Lowe’s Companies, Inc. … asserting a commitment to inclusivity of diversity by sex, race, ethnicity, age, gender identity, gender expression …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-takes-action-hold-corporate-america-accountable-failing-address-diversity-equity-andState Comptroller DiNapoli Releases Municipal & School Audits
… option already used by the county, officials may have realized additional earnings ranging from $5.1 to $10.6 … property control manager. Therefore, the district did not have a specific person who was responsible for tracking … were planned or enacted. Because there is no information on the lead levels of the 178 water outlets not sampled for …
https://www.osc.ny.gov/press/releases/2025/08/state-comptroller-dinapoli-releases-municipal-school-audits-1XVII.4 Questions – XVII. Lapsing Appropriations
Please direct questions on this Chapter to the Bureau of State Accounting Operations at Appropriationsoscnygov
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii4-questionsNondiscretionary Spending and Budgetary Management
Nondiscretionary spending as a share of total funds spending has declined from a peak of 43 percent in FY 2014 to 38 percent as of FY 2022.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-8-2024.pdfProgress Report on Climate Action Plan - July 2023
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action-plan-2023.pdf