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Ravena-Coeymans-Selkirk Community Library – Claims Processing (2015M-28)
… Purpose of Audit The purpose of our audit was to evaluate the adequacy of the Library’s internal controls … Finding Claims were reviewed and approved for payment by a trustee serving as Treasurer but none were audited and … Key Recommendation Ensure that all claims are presented to and approved by the Board prior to payment. … The purpose …
https://www.osc.ny.gov/local-government/audits/library/2015/06/12/ravena-coeymans-selkirk-community-library-claims-processing-2015m-28Comptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… "President Trump’s decision to walk away from the Paris Agreement is a mistake, is bad policy and relegates the United States to the sidelines of the global response to climate change. … continue to address climate change in innovative ways. As trustee of New York state’s $192 billion pension fund, I will …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… pool to help the state and local governments fund retiree health insurance and other post employment benefits (OPEB). DiNapoli … OPEB trusts, not part of the New York State Common Retirement Fund, so that New York state and its local …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careAbout the Common Retirement Fund – What Every Employer Should Know
… for you to be familiar with the Common Retirement Fund (Fund), which holds and invests the money used to pay … assets at fair value) represented 103.65 percent of total pension liability for the Employees’ Retirement System (ERS) … fiduciary net position represented 99.95 percent of total pension liability for ERS and 95.79 percent for PFRS. Visit …
https://www.osc.ny.gov/retirement/employers/partnership/about-common-retirement-fundJefferson Community College – Procurement (2017M-156)
… Purpose of Audit The purpose of our audit was to determine whether the procurement of goods and services … composed of nine appointed members and one elected student trustee. Budgeted appropriations for the 2016-17 fiscal year … not address insurance coverage and competitive methods to procure it. Key Recommendation Revise the College’s …
https://www.osc.ny.gov/local-government/audits/community-college/2017/10/27/jefferson-community-college-procurement-2017m-156New York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today in response to a majority shareholder vote of 62.3 percent in support of … … New York State Comptroller Thomas P DiNapoli trustee of the New York State Common Retirement Fund released …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingOpinion 2008-1
… in the opinion. CONFLICTS OF INTEREST -- Contracts (gifts to school district) -- Exceptions (contracts with … of the General Municipal Law if he or she also served as a trustee on the board of trustees of a not-for-profit … foundation for which the board member serves as a trustee and, assuming disclosure is not otherwise required by …
https://www.osc.ny.gov/legal-opinions/opinion-2008-1NY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today in response to … particularly those corporations where New York state’s pension fund has filed similar shareholder proposals seeking … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityDiNapoli: Comcast Agrees To Disclose Political Spending
… agreement with media and technology company Comcast Corp. to disclose political spending made with corporate funds. In December, as trustee of the New York State Common Retirement Fund (Fund), … filed a shareholder resolution calling for the company to make public its political spending. The new agreement …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-comcast-agrees-disclose-political-spendingNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… today announced the promotion of Sylvester (Sly) McClearn to interim director of the New York State Common Retirement … Program one of the Fund’s top priorities,” DiNapoli, trustee of the Fund, said. “Sylvester McClearn has a long and … from Fordham University, where he also serves as a Fordham Trustee Fellow. He will succeed Anyori "AJ" Hernandez, who …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorDiNapoli Calls on Companies to Increase Board Diversity
… with no women directors that DiNapoli has contacted as trustee of the New York State Common Retirement Fund in … at a competitive disadvantage. And when companies fail to address shareholder concerns over lack of diversity they … put our portfolio companies on notice that we want them to be responsive and adopt best practices when it comes to …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversityVillage of Homer – Purchasing and Credit Cards (2017M-112)
… Purpose of Audit The purpose of our audit was to assess controls over purchasing and credit cards for the … requirement that purchases be approved by the Mayor and a Trustee, or by two Trustees, prior to the purchases being made. The Board did not adopt a policy …
https://www.osc.ny.gov/local-government/audits/village/2017/09/08/village-homer-purchasing-and-credit-cards-2017m-112County of Otsego – Accountability Over Trust and Agency Funds (2014M-041)
… Purpose of Audit The purpose of our audit was to evaluate the County’s accountability over selected trust and agency funds for the period of January 1, 2012 through October 31, 2013. Background The …
https://www.osc.ny.gov/local-government/audits/county/2014/06/13/county-otsego-accountability-over-trust-and-agency-funds-2014m-041New York State Comptroller DiNapoli Statement on Win at SEC
… Comptroller Thomas P. DiNapoli, as Trustee of New York State Common Retirement Fund, and the … proposal at ExxonMobil in December, asking the company to assess how the worldwide effort to rein in global warming …
https://www.osc.ny.gov/press/releases/2016/03/new-york-state-comptroller-dinapoli-statement-win-secArlington Fire District – Station Number 5 Renovation (2022M-54)
… District (District) officials used competitive methods to renovate Arlington Station 5 and appropriately disclosed … Members of the Board did not use competitive methods to renovate leased firehouse space and did not adequately … In addition, a member of the Board who also serves as a Trustee of the Croft Corners Fire Company (Company) failed to …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/10/21/arlington-fire-district-station-number-5-renovation-2022m-54Opinion 95-20
… the nature of the relief sought. If the court is required to decide separate issues in order to grant relief, then … the petitioner generally will seek the appointment of a trustee as part of the relief requested in the probate or … for the filing of a petition for the appointment of a trustee. You note also that where multiple relief is sought …
https://www.osc.ny.gov/legal-opinions/opinion-95-20New York State Comptroller DiNapoli Statement on New Shareholder Rule
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today … impact investors and make it harder for shareholders to hold corporations accountable. These changes are unwanted … risks.” … New York State Comptroller Thomas P DiNapoli trustee of the New York State Common Retirement Fund today …
https://www.osc.ny.gov/press/releases/2020/09/new-york-state-comptroller-dinapoli-statement-new-shareholder-ruleHillside Public Library of New Hyde Park – Claims Processing (2017M-175)
… Purpose of Audit The purpose of our audit was to examine the Library’s claims process for the period July … reviewed and initialed the claims and then forwarded them to a Board-designated Trustee who audited all claims. The Director did not approve …
https://www.osc.ny.gov/local-government/audits/library/2017/12/08/hillside-public-library-new-hyde-park-claims-processing-2017m-175Village of Hobart - Board Oversight (2018M-88)
… two unused properties that did not benefit taxpayers. A Trustee, as co-owner of a local hardware store, had a … properties or consider placing these properties in use to benefit taxpayers. Adopt procedures to help detect and prevent prohibited interests in contracts. …
https://www.osc.ny.gov/local-government/audits/village/2018/08/24/village-hobart-board-oversight-2018m-88DiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… released the following statement today in response to the Governor’s 9th Proposal for the 2018 State of the State, related to the New York State Common Retirement Fund: "The New York … while contributing to the emerging low-carbon economy. "As trustee of the pension fund, I participated in the U.N. …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-state