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Legal Opinions, 2006 - 2005

… (payment of prior to completion of payroll period) Opinion 2005-9 SCHOOL DISTRICTS -- Central High School Districts (training requirement for board members) Opinion 2005-8 AMBULANCE SERVICE -- Fees (imposition of to generate … service) FEES -- Rates (for ambulance service) Opinion 2005-7 WATER DISTRICTS -- Water Supply (service to users …

https://www.osc.ny.gov/legal-opinions/legal-opinions-2006-2005

DiNapoli: Proposed Budget Holds the Line on Spending, Gives Executive Wider Discretion

… 2014. The Division of the Budget (DOB) projects spending from State Operating Funds in the next fiscal year to total … $94 billion, an increase of 1.7 percent, or $1.6 billion, from SFY 2014-15. Based on these projections, and after … the SFY 2014-15 Executive Budget. The Governor's spending plan raises the allowable amount that can be deposited into …

https://www.osc.ny.gov/press/releases/2015/02/dinapoli-proposed-budget-holds-line-spending-gives-executive-wider-discretion

DiNapoli Releases Report on Local Roads

… and bridge programs through the federal Infrastructure Investment and Jobs Act. I’m pleased the Executive is taking … the $13.5 billion expected from the federal Infrastructure Investment and Jobs Act for formula-funded state and local …

https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roads

DiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses

… more than 16% of the nation’s total venture capital investment in 2021, the largest share behind the San … pension fund, administers the In-State Private Equity Investment Program, which invested more than $296 million in …

https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-losses

DiNapoli Calls on Companies to Increase Board Diversity

… companies — Gaming and Leisure Properties, New Residential Investment Corp., Sinclair Broadcast Group and Trip Advisor — …

https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversity

DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund

… investor are reflected in the success of our state’s pension fund,” DiNapoli said. “She joined the state pension … over the years,” Titarchuk said. “Working with the Fund’s staff has been a wonderful and enjoyable experience and I’m … Fund is the third largest public pension fund in the United States, with an audited value of $210.5 billion as of …

https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fund

Controls and Accountability of Court, Trust and Bail Funds

… reported a balance of $296.7 million, while the bank and investment firm that held the money had a balance of $299.1 …

https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-funds

DiNapoli: State Pension Fund Value $192 Billion

… public equity markets,” DiNapoli said. “New York state’s pension fund is at a record value based on prudent long term … We continue to manage one of best funded, best performing pension plans in the nation and that’s great news for the … and 10.68 percent. The Fund is the third-largest public pension fund in the country and remains one of the nation’s …

https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billion

Project Tracking Systems and Economic Assistance Program Evaluations

… a vigorous and growing State economy; encourage business investment and job creation; and support diverse, prosperous …

https://www.osc.ny.gov/state-agencies/audits/2021/10/18/project-tracking-systems-and-economic-assistance-program-evaluations

DiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15

… leaders need to make sure this money is spent on capital investment or other one-time purposes. We can’t count on it …

https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15

DiNapoli: Former Treasurer Pleads Guilty to Felony in Theft of More Than $5,000 in Fire District Funds

… for the misappropriated funds; Adopt detailed policies for investment, procurement and financial oversight; Contract for …

https://www.osc.ny.gov/press/releases/2015/05/dinapoli-former-treasurer-pleads-guilty-felony-theft-more-5000-fire-district-funds

Oversight of Smart Schools Bond Act Funds

… aid they received. Districts must develop a Smart Schools Investment Plan (Plan) that details how they propose to use …

https://www.osc.ny.gov/state-agencies/audits/2020/06/10/oversight-smart-schools-bond-act-funds

State Agencies Bulletin No. 435

… College Savings Program, and the Vanguard Group is the new investment manager and account service provider. The program …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/435-change-manager-nys-college-savings-program

Environmental, Social and Governance (ESG) Strategy Report

We consider environmental, social and governance (ESG) factors in our investment process because they can influence both risks and returns.

https://www.osc.ny.gov/files/common-retirement-fund/pdf/esg-strategy-report.pdf

Opinion 95-32

… under which the securities may be sold, presented for payment, substituted or released, and the events of default …

https://www.osc.ny.gov/legal-opinions/opinion-95-32

Opinion 95-12

… as used in General Municipal Law, §§10 and 11 does not include State or federally chartered savings banks. The term … a national banking association located and authorized to do business in New York" (General Municipal Law, §§10[1][d], … that a number of the distinctions between the two types of financial institutions have been blurred over the years, it …

https://www.osc.ny.gov/legal-opinions/opinion-95-12

Administration and Collection of Real Estate Transfer Taxes

… interests in real property, including those of real estate investment trusts, easements, and leases, are subject to …

https://www.osc.ny.gov/state-agencies/audits/2019/01/08/administration-and-collection-real-estate-transfer-taxes

Administration of Tenant Complaints (Follow-Up)

… and Community Renewal (HCR) consists of all the State’s housing and community renewal agencies, including the Division of Housing and Community Renewal (Division), which is … housing in New York State. The Division’s Office of Rent Administration (Office), the subject of this follow-up …

https://www.osc.ny.gov/state-agencies/audits/2018/06/20/administration-tenant-complaints-follow