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DiNapoli Releases Analysis of 2022-23 Enacted State Budget
… better-than-expected revenues allowed for a steep increase in spending in the $220.5 billion enacted state budget for State Fiscal … programs. DiNapoli expressed concerns about the growth in capital spending and debt. He also cautioned that many …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetII.4.C Cash and Basic Financial Statements – II. New York State Financial Accounting
… government-wide and fund financial statements and notes to the financial statements. The basic financial statements … assessment dates and the estimated annual amount required to maintain or preserve the asset compared with amounts … the condition measurement and the measurement scale used to assess and report condition; The condition level at which …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4c-cash-and-basic-financial-statementsOpen Educational Resources
… Educational Resources (OER) funds to establish, sustain, and enhance new and ongoing OER initiatives at its colleges to help defray textbook costs for students, and whether the OER initiatives adequately … and professional schools. The annual tuition in 2023 for a New York State resident pursuing a bachelor’s degree …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesTown of Wawarsing - Financial Oversight of Select Activities (2018M-239)
To examine the adequacy of internal controls over selected financial activities to properly account for and safeguard Town funds.
https://www.osc.ny.gov/files/local-government/audits/pdf/wawarsing-2018-239.pdfDiNapoli Releases Analysis of SFY 2024-25 State Budget
… The estimated $237 billion Enacted Budget for State Fiscal Year (SFY) 2024-25 increases spending for vital state services like Medicaid …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
… payments pertained to seven contracts, four administered by SED and three administered by OCFS. We found that Educators could not support or justify … of expenditures claimed. Of this amount, $687,360 was paid by SED and $196,170 was paid by OCFS. The $196,170 of …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followDiNapoli Releases January State Cash Report
… focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental Funds includes General, Special Revenue, Debt Service and Capital Projects funds, as well as funds from the federal government. The …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-january-state-cash-reportDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… Total Investments Domestic Equities 22.3% 37.7% Core Fixed Income -0.2% 21.4% Non-US Equities 13.2% 13.1% Private Equity …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionXII.9.F Correcting Payments Processed Against the Incorrect Purchase Order – XII. Expenditures
… payments processed against the wrong purchase order when funds are still active. Paying against the wrong purchase … Business Units will use a purchase order to encumber funds against the contract, and then liquidate against the … corrected through the following process. In the event that funds have since lapsed, please see Chapter XI, Section 7.D - …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9f-correcting-payments-processed-against-incorrect-purchase-orderNYS Common Retirement Fund Reports First Quarter Results
… Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the quarter with an estimated value of $268.3 billion. …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsTown of Reading – Financial Management (2013M-217)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial condition … 1, 2010 through August 31, 2013. Background The Town of Reading is located in Schuyler County and is governed by a …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-reading-financial-management-2013m-217Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… Purpose of Audit The purpose of our audit was to review the Town’s financial management … multiyear financial and capital plan to adequately address the Town’s long-term operational and capital needs. …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231NYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the second quarter of state fiscal year 2016-2017 was 3.51 percent for the …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Orders Divestment of Russia Holdings
… Russian companies and review the Fund’s current holdings to assess whether they presented financial risks that warrant … immoral invasion has brought devastation and destruction to Ukraine,” DiNapoli said. “Russian President Putin’s … companies.” Securities covered by the restriction are to be sold in a prudent manner and timeframe, consistent with …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdingsNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsCity of Amsterdam - Budget Review (B22-5-3)
… - pdf ] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed … Law Section 10.10(d) requires all municipalities that have been authorized to issue obligations to fund operating … the City’s seven collective bargaining agreements (CBAs) have expired and another two will expire at the end of …
https://www.osc.ny.gov/local-government/audits/city/2022/04/27/city-amsterdam-budget-review-b22-5-3NY State Comptroller Announces Appointment of Emerging Managers Director
… “Mr. McClearn has the experience and the skill set needed to continue attracting innovative investment perspectives … Emerging Manager Program and uphold its role as a pathway to growth for smaller and diverse investment managers.” The … of capital, perform due diligence and recommend managers to participate in the Program. Each year, the Fund also seeks …
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
… Retirement Fund has purchased an additional $20 million in Israel bonds offered by Development Corporation for … The purchase brings the state pension fund’s holdings in Israel bonds to $267.8 million. “New York state’s pension fund buys Israel bonds because we have confidence in the spirit of innovation and tenacity of Israeli people …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsState Agencies Bulletin No. 2227
… Purpose: As we prepare for enactment of the 2024-25 NYS budget, OSC would like to … the possible impact to the upcoming paycheck distribution and release of direct deposit funds and advices should the … the end of June. However, although funds will be released for these agencies, direct deposit advices will not be mailed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2227-paycheck-distribution-and-release-direct-deposit-funds-preparationState Agencies Bulletin No. 2328
… Purpose: As we prepare for enactment of the 2025-26 NYS budget, OSC would like to … the possible impact to the upcoming paycheck distribution and release of direct deposit funds and advices should the … (00640, 00650). However, although funds will be released for these agencies, direct deposit advices will not be mailed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2328-paycheck-distribution-and-release-direct-deposit-funds-preparation