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Tioga Central School District – Cash Management (2020M-83)
… did not develop and manage a comprehensive investment program or comply with the District’s investment policy. Had …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/tioga-central-school-district-cash-management-2020m-83Investment Standards
… Comptroller DiNapoli's Legislative Program Legislative Session 2021-2022: Investment Standards – Signed …
https://www.osc.ny.gov/legislation/investment-standardsPembroke Central School District - Investment Program (2023M-130)
… (District) officials developed and managed a comprehensive investment program. Key Findings District officials did not develop and manage a comprehensive investment program. From January 1, 2022 through April 30, 2023, the District earned investment earnings totaling over $153,000 from money on …
https://www.osc.ny.gov/local-government/audits/school-district/2024/04/19/pembroke-central-school-district-investment-program-2023m-130Village of Greene – Investment Program (2023M-112)
… by New York State General Municipal Law (GML) Section 39. Key Recommendations Develop written investment program …
https://www.osc.ny.gov/local-government/audits/village/2023/12/01/village-greene-investment-program-2023m-112Schenectady County – Investment Program (2025M-5)
While the Countys investments were generally legal safe and liquid County officials did not develop and manage a comprehensive investment program Officials also did not monitor investments formally solicit interest rate quotes or consider other legally permissible investment options In additi
https://www.osc.ny.gov/local-government/audits/county/2025/08/08/schenectady-county-investment-program-2025m-5Greenville Fire District – Investment Program (2023M-106)
… and money market accounts, which had average available funds for investing of $845,365. Had officials considered … safety, liquidity and yield - when investing available funds. District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/12/29/greenville-fire-district-investment-program-2023m-106Investment Advisory Committee
… Reserve Employee Benefits System Timothy Collins CEO & Senior Managing Director Ripplewood Holdings, LLC Peter J. Hayes Retired Chief Investment Officer and Head of Municipal Fixed Income and Global Head of Financial … Hugh Johnson Economics, LLC James Mitchell Managing Partner JMJ Advisors, LLC Diane C. Nordin, CFA Retired …
https://www.osc.ny.gov/common-retirement-fund/resources/investment-advisory-committeeState Comptroller DiNapoli Releases Municipal & School Audits
… have been able to avoid increasing the 2023-24 tax levy. Lake Placid Central School District – Investment Program … earnings than the $189,305 earned during the audit period. Lake Placid Central School District – Transportation State …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-audits-1Saranac Central School District – Investment Program (2023M-89)
… audit period. Officials did not: Solicit interest rate quotes, and Prepare monthly cash flow forecasts to estimate …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/22/saranac-central-school-district-investment-program-2023m-89Hammondsport Central School District – Investment Program (2024M-63)
… available for investment. Formally solicit interest rate quotes. Annually review and re-adopt the investment policy …
https://www.osc.ny.gov/local-government/audits/school-district/2024/08/30/hammondsport-central-school-district-investment-program-2024m-63Port Ewen Fire District – Financial Management (2024M-157)
… As a result, the Board did not have sufficient information to adequately oversee the District’s financial activities and … Develop realistic budgets, which caused appropriations to be overestimated by an average of $190,817 (35 percent) … and have initiated or indicated they planned to initiate corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/03/port-ewen-fire-district-financial-management-2024m-157Hamilton Fulton Montgomery Board of Cooperative Educational Services – Investment Program (2023M-116)
… policy as required by General Municipal Law (GML) Section 39. Solicit interest rate quotes or invest available funds in …
https://www.osc.ny.gov/local-government/audits/boces/2023/12/22/hamilton-fulton-montgomery-board-cooperative-educational-services-investmentMarathon Joint Fire District – Investment Program (2023M-76)
… complete report – pdf] Audit Objective Determine whether Marathon Joint Fire District (District) officials developed … audit marathon fire district …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/10/20/marathon-joint-fire-district-investment-program-2023m-76Beekmantown Fire District No. 1 – Investment Program (2025M-69)
… complete report – pdf] Audit Objective Did Beekmantown Fire District No. 1 (District) officials develop and manage a … operate within the statutory framework established for fire districts and can create a clear structure for managing … better financial health and potentially more resources for fire services. For example, when officials actively solicit …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/02/13/beekmantown-fire-district-no-1-investment-program-2025m-69Village of Corinth – Investment Program (2023M-146)
… Village officials did not: Solicit interest rate quotes or prepare monthly cash flow forecasts. Consider … monitor investments and periodically solicit interest rate quotes. Village officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/village/2024/04/05/village-corinth-investment-program-2023m-146Lansing Fire District – Investment Program (2023M-62)
… investment options or formally solicit interest rate quotes that may have resulted in higher interest earnings. …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/09/01/lansing-fire-district-investment-program-2023m-6214th Annual Emerging Manager & MWBE Conference
… managed active mandates. Anyori (AJ) Hernandez Director of Emerging Managers Anyori Hernandez is the … York and Puerto Rico and focused on helping the Economic Development Bank for Puerto Rico use financial technology to … multi-asset investment portfolio with a value of over $4.5 billion in equity. Additionally, Mr. Hernandez created …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferencePiseco Common School District – Authorized Investments (2023M-172)
… [read complete report – pdf] Audit Objective Determine whether Piseco …
https://www.osc.ny.gov/local-government/audits/school-district/2024/03/15/piseco-common-school-district-authorized-investments-2023m-172Fund's Mission, Values and Investment Philosophy
… We constantly strive to improve the way we work and create new ways to achieve unparalleled results. Fulfillment We feel … Philosophy Investment objectives We aim for the best risk-adjusted returns needed to achieve and maintain … for lower fees, and build strategic relationships with the best external managers. Cost management We believe that …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… has committed an additional $1.2 billion to its emerging manager program, increasing the total commitment to more than … made the announcement at the Fund’s eighth annual Emerging Manager Conference. “The emerging manager program increases our access to investment …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-program