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DiNapoli Calls on Aetna to Disclose Corporate Political Spending

… both in support of, and in opposition to, candidates for political office. Aetna’s accidental disclosure resulted … their political spending. His proposal asks companies for a comprehensive and public report that lists their … federal lobbying, payments to any trade associations used for political purposes, and payments made to any organization …

https://www.osc.ny.gov/press/releases/2015/05/dinapoli-calls-aetna-disclose-corporate-political-spending

Greenwich Central School District – Extra-Classroom Activities (2021M-20)

… ECA policy, which resulted in insufficient oversight of and inadequate reviews of ECA collections and records. The student treasurers did not maintain adequate supporting documentation for: 32 of the 70 collections reviewed totaling $30,970 (69 percent), …

https://www.osc.ny.gov/local-government/audits/school-district/2021/06/11/greenwich-central-school-district-extra-classroom-activities-2021m-20

Lancaster Central School District – Financial Management (2022M-37)

… Adopt budgets that include reasonable estimates for appropriations, appropriated fund balance and reserves …

https://www.osc.ny.gov/local-government/audits/school-district/2022/08/05/lancaster-central-school-district-financial-management-2022m-37

DiNapoli Releases Municipal Audits

… for real property taxes, or the village’s overall fiscal health. Auditors found that real property tax or utility …

https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-audits-0

DiNapoli: Former City of Corning Clerk Arrested for Stealing Public Funds

… New York State Comptroller Thomas P. DiNapoli today announced … than $5,000 in public funds by pocketing parking permit fees; code enforcement fees; utility receipts; water and … encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …

https://www.osc.ny.gov/press/releases/2014/07/dinapoli-former-city-corning-clerk-arrested-stealing-public-funds

Town of East Hampton – Peconic Bay Community Preservation Funds (P7-23-23)

… Bay Community Preservation Fund (CPF) to ensure that all collections were properly supported, recorded and … period, we reviewed 10 deposits totaling $41.7 million. All 10 deposits we reviewed were properly receipted, … we reviewed 36 disbursements totaling $7.3 million. All 36 disbursements were adequately supported and approved …

https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-east-hampton-peconic-bay-community-preservation-funds-p7-23-23

Use of New York State Snowmobile Trail Development and Maintenance Funds

… Snowmobile Trail Development and Maintenance Fund is used for its intended purpose. Background In 1985, the New York … (Program) administered by Parks. Parks is responsible for authorizing payments, monitoring the Program, and planning for the development and maintenance of safe snowmobile trails …

https://www.osc.ny.gov/state-agencies/audits/2013/01/02/use-new-york-state-snowmobile-trail-development-and-maintenance-funds-0

NYS Common Retirement Fund Reports First Quarter Results

… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2019-20 … period ending June 30, 2019, raising its estimated value to $216.2 billion, according to New York State Comptroller … estate and real assets (8.5 percent) and absolute return strategies and opportunistic alternatives (3.6 percent). In …

https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-results

Upstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund

… local economies. Our program continues to serve as a model for public pension funds around the country looking to … in the company through Trillium Group, a managing partner for the In-State Program, in 2010 ($500,000) and in 2009 … within the region," said Kevin Phelps, general partner for Trillium Group. The In-State Private Equity Investment …

https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fund

DiNapoli: Village of Waverly Recreation Director Pleads Guilty to Altering and Destroying Village Records

… Village of Waverly pleaded guilty to official misconduct for destroying and altering Village of Waverly Recreation … of money meant to support the children of his community for his own benefit,” said DiNapoli. “I thank Tioga County … Attorney Kirk Martin and the New York State Police for partnering with my office to hold Mr. Shaw accountable …

https://www.osc.ny.gov/press/releases/2022/12/dinapoli-village-waverly-recreation-director-pleads-guilty-altering-and-destroying-village-records

DiNapoli Releases May State Cash Report

… May 31 included $4.3 billion in local assistance grants for public schools – an increase of 6 percent from last year. May is the third largest month for school aid expenditures after March and September, when … May 30, $2.7 billion or 13.7 percent higher than last year for the same period, primarily because of a $1.8 billion …

https://www.osc.ny.gov/press/releases/2016/06/dinapoli-releases-may-state-cash-report

DiNapoli: Five Fortune 500 Companies Reach Agreements on Corporate Political Spending

… the Fund withdrew shareholder proposals it had filed for consideration at each company’s annual stockholders’ … DiNapoli said. “These companies should be commended for agreeing to voluntarily disclose their political expenditures. Transparency is vital for investors to determine whether corporate political …

https://www.osc.ny.gov/press/releases/2016/03/dinapoli-five-fortune-500-companies-reach-agreements-corporate-political-spending

DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee

… investments.” “It has been a professional pleasure to help guide real estate investments for the state’s pension fund,” … appointing me to the chairmanship, to the pension fund’s staff and the other members of the committee. Over the years … Board Member and Vice Chairman of the New York State Job Development Authority. He is a graduate of New York …

https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committee

Controls Over Federally Funded Programs and Maximization of Federal Funding

… reimbursements on time and in a manner that recovers all costs and adequately ensures the Weatherization … required to follow procedures to ensure compliance with all program requirements and perform most of the functions … should make every effort to disburse and/or adjust all unspent federal awards as soon as possible and maximize …

https://www.osc.ny.gov/state-agencies/audits/2021/08/18/controls-over-federally-funded-programs-and-maximization-federal-funding

DiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund

… clear eye on long-term sustainable returns is integral to what makes our fund one of the nation’s strongest, ready to provide … for his trust in appointing me to this position.” Patel was born in Uganda and raised in London before moving to the …

https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fund

State Comptroller DiNapoli Releases State Audits

… today the following audits have been issued: City University of New York: Lehman College - Controls Over Bank Accounts (2014-S-69) Auditors found weaknesses in the monitoring and …

https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-releases-state-audits

DiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program

… In-State Program has generated solid investment returns for the state pension fund and has supported thousands of … has $490 million available to invest and is always looking for opportunities that meet the Fund's standards of risk and … return. Since 2000, the program has achieved solid returns for the Fund, returning $863 million on $583 million invested …

https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-program

DiNapoli: State Tax Receipts Outpaced Projections Through December

… than estimates released in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan. … to the monthly State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. “Strong financial …