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NY State Comptroller Announces Appointment of Emerging Managers Director
… Manager Program and uphold its role as a pathway to growth for smaller and diverse investment managers.” The Fund’s … DiNapoli’s office as a senior investment officer for the Emerging Manager Program in 2020. With the Fund, he … that improved brand recognition and enhanced returns for the largest and most sophisticated asset managers. …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
… million in Israel bonds offered by Development Corporation for Israel, New York State Comptroller Thomas P. DiNapoli … DiNapoli said. “In addition to providing a steady return for our pension fund’s members, Israel bonds help support one … across many U.S. states during this crucial period for the Jewish state,” said Israel Bonds President and CEO …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsCity of Amsterdam - Budget Review (B22-5-3)
… methods. The proposed budget does not appropriate enough money for contingencies in the recreation fund to provide …
https://www.osc.ny.gov/local-government/audits/city/2022/04/27/city-amsterdam-budget-review-b22-5-3State Agencies Bulletin No. 2227
… or Administration pay cycle may be affected. *This does not apply to employees of the State University of New … Insurance Fund (00640, 00650) since their fiscal year does not expire until the end of June. However, although …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2227-paycheck-distribution-and-release-direct-deposit-funds-preparationState Agencies Bulletin No. 2328
… for enactment of the 2025-26 NYS budget, OSC would like to provide notice of the possible impact to the upcoming paycheck distribution and release of direct … Emergency payroll may be affected. *This does not apply to employees of the State University of New York (28***, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2328-paycheck-distribution-and-release-direct-deposit-funds-preparationTown of Chateaugay - Real Property Tax Exemption Administration (2018M-200)
… potential legal and financial impacts the Town may face from prior years’ possible erroneous exemptions. Except as …
https://www.osc.ny.gov/local-government/audits/town/2019/05/17/town-chateaugay-real-property-tax-exemption-administration-2018m-200City of Long Beach - Budget Review (B19-7-4)
… deficit in the City’s general fund and certain other funds as of June 30, 2012. Local Finance Law requires all …
https://www.osc.ny.gov/local-government/audits/city/2019/05/10/city-long-beach-budget-review-b19-7-4Opinion 88-36
… the courts. It is for the Legislature, not the courts, to change or limit the rule if such change seems wise." Thus, a sheriff was held to be personally …
https://www.osc.ny.gov/legal-opinions/opinion-88-36Westchester County - Financial Condition (2018M-151)
… and 2017 annual budgets. The general fund owes the sewer funds approximately $50 million. Key Recommendations Increase … out reliance on short-term debt and advances from other funds. Discontinue the practice of using one-time revenues to … expenditures. Repay the advances made from the sewer funds to the general fund. … Westchester County Financial …
https://www.osc.ny.gov/local-government/audits/county/2018/10/23/westchester-county-financial-condition-2018m-151Sweet Home Central School District – Financial Management (2022M-166)
… [read complete report – pdf] Audit Objective Determine whether the Sweet …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/31/sweet-home-central-school-district-financial-management-2022m-166Wilson Central School District - Financial Management (2022M-22)
… report - pdf] Audit Objective Determine whether the Wilson Central School District (District) Board of Education (Board) and District officials properly managed …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wilson-central-school-district-financial-management-2022m-22Pompey Hill Fire District – Financial Management (2021M-136)
… (Board) properly established and managed capital reserve funds, ensured records were audited and annual reports were … referendum. The District used $97,000 of capital reserve funds for operating costs which was not an authorized use of the reserve funds. Key Recommendations Officially establish the capital …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/11/05/pompey-hill-fire-district-financial-management-2021m-136Village of Delhi – Financial Condition (2013M-110)
… Purpose of Audit The purpose of our audit was to examine the Village’s financial condition for the period … The Village of Delhi is located in the Town of Delhi in Delaware County. The Village is governed by an elected Board … to 2012. As of May 31, 2012, the general, water and sewer funds have accumulated significant unexpended surplus funds …
https://www.osc.ny.gov/local-government/audits/village/2013/07/26/village-delhi-financial-condition-2013m-110East Irondequoit Central School District - Financial Management (2019M-28)
… in encumbrances and improperly reserving $7.7 million for debt service. Recalculated surplus fund balance exceeded the statutory limit by 10 to 12 percentage points for the fiscal years 2015-16 to 2017-18. The District also … complies with statutory limits and use surplus funds for one-time expenditures, paying down debt or applying it to …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28Red Creek Central School District – Financial Condition (2016M-365)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period … funding, use and maintenance of reserve funds, including a detailed analysis of the District’s projected future needs. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/30/red-creek-central-school-district-financial-condition-2016m-365Sayville Union Free School District – Financial Condition and Cellular Telephones (2015M-86)
… activities and cellular telephone purchases and use for the period July 1, 2013 through August 31, 2014. … Network Systems Administrator did not properly review cell phone invoices, and the claims auditor did not properly … Administrator and claims auditor properly review all cell phone bills prior to authorizing payment. … Sayville Union …
https://www.osc.ny.gov/local-government/audits/school-district/2015/08/14/sayville-union-free-school-district-financial-condition-and-cellularHarpursville Central School District – Financial Management (2013M-261)
… District officials’ management over financial activities for the period July 1, 2011 through June 30, 2013. Background … elected members. The District’s budgeted expenditures for the 2013-14 fiscal year were approximately $16.1 million. … did not ensure that fund balances were reasonable. For the five-year period ending June 30, 2013, District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/03/harpursville-central-school-district-financial-management-2013m-261Lancaster Central School District – Financial Condition (2016M-101)
… our audit was to review the District’s financial condition for the period July 1, 2012 through December 8, 2015. … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $100 … a plan to ensure that debt reserve funds are used for related debt obligations. The written policy for reserves …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/lancaster-central-school-district-financial-condition-2016m-101Pembroke Central School District - Investment Program (2023M-130)
… earnings totaling over $153,000 from money on deposit in its 15 bank accounts at two financial institutions, which …
https://www.osc.ny.gov/local-government/audits/school-district/2024/04/19/pembroke-central-school-district-investment-program-2023m-130DiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… the end of the first quarter of state fiscal year 2024-25. For the three-month period ending June 30, 2024, Fund … and real assets (13.14%) and credit, absolute return strategies, and opportunistic alternatives (7.76%). The …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarter