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Opinion 96-3
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST …
https://www.osc.ny.gov/legal-opinions/opinion-96-3Opinion 90-40
… discussed in the opinion. VILLAGE MAYOR -- Deputy (right to vote as trustee and deputy mayor) PUBLIC MEETINGS AND HEARINGS -- … (right of village deputy mayor to vote as deputy and as trustee) VILLAGE LAW, §4-400(1)(a): A village trustee who is …
https://www.osc.ny.gov/legal-opinions/opinion-90-40South Mountain Hickory Common School District – Financial Management (2022M-49)
… 37 percent, or $53,000. Allowed surplus fund balance as a percentage of the next year’s appropriations to exceed the 4 percent …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/24/south-mountain-hickory-common-school-district-financial-management-2022mOpinion 91-39
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement … exceed that limitation, the trustee may waive all salary in excess thereof without diminution of retirement allowance. … salary as a member of the board of trustees in excess of the statutory limit imposed by Retirement and …
https://www.osc.ny.gov/legal-opinions/opinion-91-39Opinion 96 - 14
… This opinion represents the views of the Office of the State Comptroller at the time it was … approximately $2,000 per year. You also state that it is unclear whether the hardware store is operated as a sole … employee, individually or as a member of a board, has the power or duty to: (a) negotiate, prepare, authorize or …
https://www.osc.ny.gov/legal-opinions/opinion-96-14Village of Bainbridge - Conflict of Interest (2019M-72)
… Key Finding Trustee and his spouse are the owners of a local hardware store, organized as a partnership. As a member of the Board, the Trustee had a prohibited conflict of interest in Village contracts with the hardware store. He …
https://www.osc.ny.gov/local-government/audits/village/2019/06/28/village-bainbridge-conflict-interest-2019m-72South Mountain Hickory Common School District – Cash Disbursements (2016M-109)
… Purpose of Audit The purpose of our audit was to evaluate the effectiveness of the District’s cash disbursement practices for the period …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/south-mountain-hickory-common-school-district-cash-disbursements-2016mAugust 1999: New York State Environmental Facilities Corporation State Revolving Loan Funds
… finance eligible clean water and drinking water projects. Source of Funds: Proceeds of revenue bonds issued by EFC … To provide short term financing for clean water projects. Source of Funds: Funding comes from Capitalization Grant … costs submitted by the borrower. Long Term Direct Loans Source of Funds: Funding comes from Capitalization Grant …
https://www.osc.ny.gov/local-government/publications/august-1999-new-york-state-environmental-facilities-corporation-state-revolving-loan-fundsState Comptroller Thomas P. DiNapoli Statement on Tentative Agreements to End UAW Strike
… of an historic strike by the United Auto Workers will come to a close. My congratulations to the United Auto Workers and Ford, General Motors and … over the economic and market impacts of the strike. As trustee of New York State Pension Fund, I am thankful that …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-thomas-p-dinapoli-statement-tentative-agreements-end-uaw-strikeOpinion 90-58
… -- Insurance Transactions (village board members selling to village employees) GENERAL MUNICIPAL LAW, §§800(2), 806: … The sale of an individual insurance policy by a village trustee to a village employee in the employee's private … under a local code of ethics. You ask whether a village trustee who is also an insurance salesman would have a …
https://www.osc.ny.gov/legal-opinions/opinion-90-58Opinion 88-23
… of construction company) -- Exceptions (no exception for emergency situations) GENERAL MUNICIPAL LAW, §§801(1)(b), … interest provisions of General Municipal Law, article 18 for contracts entered into in emergency situations. This is …
https://www.osc.ny.gov/legal-opinions/opinion-88-23Comptroller's NYS Common Retirement Fund Responsibilities
… to protect the Fund. Independent advice The Comptroller is a diligent fiduciary of the Fund who ensures that investment … of ethical conduct and transparency. He seeks the input of a wide range of internal and external advisors, consultants … doing business with the Fund. Provided a leading voice in getting the Securities and Exchange Commission to impose …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesOpinion 2005-9
… that bear on the issues discussed in the opinion. SCHOOL DISTRICTS -- Central High School Districts (training requirement for board members) … LAW §§1901, 1914, 2102-a: A board member of a central high school district who is also an elected member of a component …
https://www.osc.ny.gov/legal-opinions/opinion-2005-9Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… week asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder proposal … policies seeking to rein in climate change. DiNapoli, as trustee of the New York State Common Retirement Fund, the … Fund New York State Comptroller Thomas P. DiNapoli is trustee of the New York State Common Retirement Fund, the …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeState Pension Fund Adds $30 Million for Investments in New York Companies
… announced today. The commitment will be made through the pension fund’s In-State Private Equity Investment Program, … in companies located in New York state. This is the state pension fund’s third commitment to Primary Venture Partners. … Partners for state-based investments will help grow the pension fund and expand businesses and jobs across New York …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli Seeks Information on Safety Measures Taken by Businesses Involved in Shipping Oil
… New York State Comptroller Thomas P. DiNapoli, trustee of the $183.5 … billion New York State Common Retirement Fund (Fund), on Wednesday sent letters to 14 companies, including Exxon … liabilities for the companies. As trustee of the state pension fund, I am concerned that future liability claims may …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-seeks-information-safety-measures-taken-businesses-involved-shipping-oilNew York State Comptroller DiNapoli Statement on U.S. Withdrawal From Paris Agreement
… States from the Paris Agreement on climate change is a shameful move. "I was in Paris to support the development of the Paris … United States should be leading the low-carbon revolution, not burying its head in the sand." … The Trump …
https://www.osc.ny.gov/press/releases/2019/11/new-york-state-comptroller-dinapoli-statement-us-withdrawal-paris-agreementState Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … period. Instead, each quarter, it designated a single trustee to audit all claims, after which the board, as a … abstracts by resolution. Any board member other than the trustee designated as claims auditor could request to review …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases School District Audits
… South Mountain Hickory Common School District – Financial Management (Broome County) The trustee and treasurer did not demonstrate effective financial management. The trustee and treasurer developed and adopted …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-releases-school-district-audits-1DiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… New York State Common Retirement Fund (Fund), sent letters to 50 major portfolio companies, including Tesla Inc., Meta … Inc, Microsoft Corp. and NIKE Inc., urging them to join the Anti-Defamation League’s (ADL) Workplace Pledge to … and bias and fostering a culture of inclusion. Employees have a right to a safe and secure workplace, free from …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitism