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DiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… to 7 percent. The median assumed rate of return among public pension funds is 7.46 percent as of June 2018, … State Common Retirement Fund (Fund) is the third largest public pension plan in the nation with an audited year-end …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020DiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
… New York State Comptroller Thomas P. DiNapoli today announced … to rainforest destruction. As a result of the company’s new policy, the New York State Common Retirement Fund (Fund) …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilOpinion 90-32
… This opinion represents the views of the Office of the State Comptroller at the time it was … or statutory amendments that bear on the issues discussed in the opinion. REFERENDUM -- Mandatory (need for upon … to erect a building for the housing and storage of machinery, tools, implements and equipment owned by the town, …
https://www.osc.ny.gov/legal-opinions/opinion-90-32DiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… account for those who are removed from Medicaid coverage and make every effort to help people renew their coverage in public and private plans. The state should also publicly account for … coverage for people with Medicaid at least once a year and to disenroll individuals who no longer qualified for …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… New York’s Industrial Development Agencies (IDAs) provided $660 million in net tax exemptions … the previous year, according to a report issued today by State Comptroller Thomas P. DiNapoli. This is DiNapoli's … pace,” said DiNapoli. “IDAs can be an important catalyst for economic development in our state, but I urge local …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsLocal Government – 2023 Financial Condition Report
… Remain in Strong Condition Real property tax revenues are the largest source of revenue for local governments. In local … outside of New York City. School districts, towns, and villages received $23.9 billion, $4.4 billion, and $1.5 … in LFY 2021. Nearly all of this (95.8 percent) came from school district elementary and secondary education, with …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentNew York State Comptroller DiNapoli Statement on Win at SEC
… Comptroller Thomas P. DiNapoli, as Trustee of New York State Common Retirement Fund, and the Church of England co-filed a shareholder proposal at ExxonMobil in …
https://www.osc.ny.gov/press/releases/2016/03/new-york-state-comptroller-dinapoli-statement-win-secCustodial Service Contract Procurement and Oversight
… Objective To determine whether the selected New York City Department of Education contracting practice was … multiple schools). DOE’s Division of School Facilities (DSF) is responsible for the maintenance, repair, and safe …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/custodial-service-contract-procurement-and-oversightDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… Knoxville, TN for stealing $56,352 from the New York State and Local Retirement System (NYSLRS). This case was the … Inspector General’s Office (SSAIG), the EDTN and the Comptroller’s Office. In February of 2021, SSAIG contacted NYSLRS and informed them that a pension beneficiary, Shirley …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… a report today on the industry in the state that calls for improvements in finding an appropriate balance between … and Problem Gambling in New York State Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingThe Increasing Threat of Identity Theft
… to file a false UI claim. “If someone tried to use my name,” he said, “everybody’s at risk.” 17 As of late April …
https://www.osc.ny.gov/reports/increasing-threat-identity-theftDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has declined by more than half over the past four …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capCompliance With Freedom of Information Law Requirements
… its subsidiaries have policies, procedures, and processes in place to fulfill CDTA’s responsibilities under the Freedom … of Information Law (FOIL), and to determine if CDTA is in compliance with its responsibilities under FOIL. The audit … January 23, 2020. About the Program CDTA was created in 1970 by the New York State Legislature. Today, CDTA is the …
https://www.osc.ny.gov/state-agencies/audits/2020/10/16/compliance-freedom-information-law-requirementsDiNapoli: Former West Carthage Housing Authority Executive Director and Mother Arrested
… funds,” DiNapoli said. “Thanks to the partnership between my office, Jefferson County District Attorney Kristyna S. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-former-west-carthage-housing-authority-executive-director-and-mother-arrestedNYS Comptroller DiNapoli, Steuben County District Attorney Baker, and NYS Police: Former Addison Official to Be Sentenced to Prison and Will Forfeit State Pension After Million Dollar Public Corruption Conviction
… losing their right to a public pension,” DiNapoli said. “For nearly two decades, Ursula Stone took advantage of her … criminal activity is absolutely stunning,” Baker said. “For nearly two decades, Ursula Stone abused the trust of the … criminal acts on this community has been and will be felt for decades. But for the dedication and expertise of the New …
https://www.osc.ny.gov/press/releases/2024/08/nys-comptroller-dinapoli-steuben-county-district-attorney-baker-and-nys-police-former-addisonAdministration and Monitoring of Financial Assistance to New York City Businesses
To determine whether the New York City Industrial Development Agency NYCIDA has policies and procedures in place to approve monitor and measure project performance and whether they were followed We also determined whether NYCIDA recaptured public benefits in accordance with the project
https://www.osc.ny.gov/state-agencies/audits/2024/06/12/administration-and-monitoring-financial-assistance-new-york-city-businessesDiNapoli Report Tracks MTA's Shifting Revenue Streams
… were up 2% and revenue was up 24% over 2019, but this was not enough to make up for the loss of revenue from the … growing, portion of this amount comes from the PMT, which grew 41%, from $1.3 billion in 2012 to $1.8 billion in 2022. … a real estate market that, despite some ups and downs, has not fully recovered from the Great Recession. Another growth …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsCity of Poughkeepsie Industrial Development Agency – Audit Follow-Up (2021M-168-F)
… [read complete report – pdf] | [read complete 2022 report – pdf ] Purpose of … independent public benefit corporation established in 1974 for the benefit of the City of Poughkeepsie (City) and its … by the City’s Common Council. The Board is responsible for reviewing and approving prospective project applications …
https://www.osc.ny.gov/local-government/audits/city/2025/07/25/city-poughkeepsie-industrial-development-agency-audit-follow-2021m-168-fFinancial Outlook for the Metropolitan Transportation Authority
One year ago, the Metropolitan Transportation Authority’s (MTA) finances were in the best condition in years with all five years of its financial plan balanced as a result of new revenues approved by the State fiscal year 2023-24 enacted budget.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2025.pdfAdministration and Monitoring of Financial Assistance to New York City Businesses (2021-N-6) 180-Day Response
To determine whether the New York City Industrial Development Agency has policies and procedures in place to approve, monitor, and measure project performance and whether they were followed; and whether NYCIDA recaptured public benefits in accordance with the project ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-21n6-response.pdf