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State Comptroller DiNapoli Releases Municipal Audits
… fund balance declining from $58,241 on January 1, 2017 to $5,714 as of December 31, 2019.The highway fund’s … Auditors determined that the board does not have a policy to maintain a reasonable level of fund balance. In addition, … with the Office of the State Comptroller. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/05/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… alternatives (7.52%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is … plans in the nation. Links Fund’s historic value and rate of return in prior years Return for the third quarter …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24State Comptroller DiNapoli Releases Municipal Audits
… not always properly audit claims prior to approving them for payment. Auditors reviewed 173 claims totaling $338,876 … 2021, identifying certain conditions and opportunities for town management’s review and consideration included recommendations for the following findings: monthly financial reports, bank …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… record dates of collections for clerk fees on 21 of 29 daily collections totaling $438 (64%). The clerk did not …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-audits-0Best Practices – Information Technology Contingency Planning
… Back Up Data at Regular Intervals – The frequency (e.g., daily, weekly) and scope of backups (e.g., incremental or …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/best-practices-0DiNapoli: State Pension Fund Releases Annual Investment Return
… with concerns over a recession and potential interest rate increases, but the state pension fund is well positioned … alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is … plans in the nation. Links Fund’s historic value and rate of return in prior years Return for the third quarter …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnMessage from the Comptroller – 2023 Financial Condition Report
… aid provided $89.6 billion, or 38 percent, of the State’s All Funds receipts in SFY 2022-23. This aid supports health coverage for nearly 9.4 million New Yorkers and plays essential roles in programs … This report provides information and analysis on the full spectrum of New York State government finances and services, …
https://www.osc.ny.gov/reports/finance/2023-fcr/message-comptrollerNYS Common Retirement Fund Contacts
… Public Equities [email protected] Manuel Casanga, Real Estate & Real Assets [email protected] Leo Chenette, In-State Private Equity Investment Program [email protected] Joe T. …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsDiNapoli: New York State Fourth Nationwide in Credit Card Debt
… bills on time and checking your interest rates will go a long way toward managing your credit." In 2017, there were … nationwide, with credit cards being the most common method for consumer borrowing, according to the report. Consumers … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtOperational Advisory No. 8
… for the preceding calendar year. Beginning February 2025, payees will receive the outreach letter approximately …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/8-state-check-outreachDiNapoli: Employment Recovery for New Yorkers with Disabilities Lags Nation
… with disabilities continue to face a higher unemployment rate than the national average for those with disabilities. … reaching 13.9% and 13.4%, respectively. The national rate dropped to 8.2% in 2022, but in New York it was 11.9%. … and without disabilities also persist. The unemployment rate for New Yorkers with a disability was 11.9%, or 7.6 …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-employment-recovery-new-yorkers-disabilities-lags-nationNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… review the New York State Common Retirement Fund’s (Fund) current investments and assess whether they present financial … to review the New York State Common Retirement Funds Fund current investments and assess whether they present financial …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewState Comptroller DiNapoli Releases Municipal Audits
… today announced the following local government audits have been issued. Danby Fire District – Claims Audit (Tomkins … 14 disbursements totaling more than $9,200 that should not have been paid prior to board approval. The district did not … today announced the following local government audits have been issued …
https://www.osc.ny.gov/press/releases/2021/02/state-comptroller-dinapoli-releases-municipal-audits-2Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Madison Central School District and the Starpoint Central School District . “In an era of limited resources and increased accountability, it’s … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-school-audits-0Newsletters
… Employees’ Retirement System The Update — For active members of the New York State and Local Employees' … 2022 Police and Fire Retirement System The Sentinel — For active members of the New York State and Local Police and … 2023 Fall 2022 Spring 2022 Retirees Retiree Notes — For retirees of the New York State and Local Retirement …
https://www.osc.ny.gov/retirement/publications/newslettersState Comptroller DiNapoli Releases State Audits
… found that a non-tax-levy account contained tax-levy funds that Lehman officials should have transferred to New York state. As of March 31, 2015, these funds totaled over $1 million. Lehman officials subsequently remitted over $1 million of these funds to the state. Of the 72 payments (totaling $1,248,139) …
https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-releases-state-auditsXII.7.A Responding to Voucher and Expense Report Audit Questions – XII. Expenditures
… clarification, or documentation from agencies during the voucher or expense report audit process. Agencies are … information, clarification, or documentation during the voucher or expense report audit process, Bureau auditors will contact a Voucher Authorizer at the agency via phone call or email. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7a-responding-voucher-and-expense-report-audit-questionsXV.16.A Overview – XV. End of Year
… is required to ensure full and proper disclosure in cash, modified accrual and accrual basis financial statements prepared in accordance with State Finance Law requirements and/or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv16a-overviewXIV.14.C Necessity for General Capital Assets Reporting – XIV. Special Procedures
… as a method to reflect asset condition. The purpose of recording capital assets in the Statement of Net Position is … defined useful lives as indicated in Section XIV.14.E - Recording General Capital Assets of this Chapter. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14c-necessity-general-capital-assets-reportingRFP#0001 – Online Financial Literacy Program
… in PDF Attachment E – Cost Proposal, in Excel Responses to Questions , in PDF Note: the solicitation has been posted …
https://www.osc.ny.gov/procurement/rfp-0001