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Progress Report on Climate Action Plan – July 2024
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action-plan-2024.pdfAdequacy of 2021 Budgets - City of Saratoga Springs (S9-21-10)
… [ read complete report - pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s adopted budget for the 2021 fiscal year. Background The COVID-19 pandemic (pandemic) …
https://www.osc.ny.gov/local-government/audits/city/2021/05/14/adequacy-2021-budgets-city-saratoga-springs-s9-21-10Adequacy of 2021 Budgets - Town of North Hempstead (S9-21-12)
The purpose of our budget review was to provide an independent evaluation of the Towns adopted budget for the 2021 fiscal year
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-north-hempstead-s9-21-12Adequacy of 2021 Budgets - Town of Big Flats (S9-21-20)
The purpose of our budget review was to provide an independent evaluation of the Towns adopted budget for the 2021 fiscal year
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-big-flats-s9-21-20State Comptroller DiNapoli Releases Municipal Audits
… In addition, the board allowed excessive levels of surplus funds to increase. As of December 31, 2020, the general fund’s surplus funds were $134,448, or 89% of actual expenditures. In addition, the highway fund’s surplus funds were $386,162, or 84% of actual expenditures. The board …
https://www.osc.ny.gov/press/releases/2021/09/state-comptroller-dinapoli-releases-municipal-auditsCredit & OARS
… Program Eligibility: Credit, Opportunistic and ARS Current Strategies Private Credit Stressed / Special Situations Capital Shortages Equity Long Short Niche Strategies Direct Program Guidelines - Credit & Opportunistic Strategies Life-Cycle Stage: All, including Seed and Anchor …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/credit-and-oarsState Comptroller Thomas P. DiNapoli and Richmond County D.A. Michael E. McMahon: President of Staten Island Special Needs Pre-School and Wife Indicted for Stealing Approximately $771,000 in Public Funds
… First Degree for stealing approximately $771,000 in public funds by falsifying business records for The Gingerbread … the course of the scheme, the defendants diverted public funds to purchase personal items including; landscaping for … Elsie Mosesman. “The Mosesmans allegedly diverted public funds meant for children with special needs to landscape …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-thomas-p-dinapoli-and-richmond-county-da-michael-e-mcmahon-president-staten-islandNew York State Comptroller DiNapoli on NYC Executive Budget
… economic resilience and savings generated mostly through staff vacancies from earlier this year, which helped the city … variety of service areas, including economic and workforce development, transportation, homelessness, youth development, … consider further formalizing its reserve policies to guide its actions for setting reserve levels amid an …
https://www.osc.ny.gov/press/releases/2022/04/new-york-state-comptroller-dinapoli-nyc-executive-budgetDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… The median assumed rate of return among public pension funds is 7.46 percent as of June 2018, according to the …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020Comptroller DiNapoli Releases State Audits
… Conservation (DEC): Collection and Use of Oil Spill Funds (2014-S-59) DEC generally collected all fees due the … and real estate rentals and found Legal Aid spent these funds appropriately. However, UCS overpaid Legal Aid $412,184 … appropriately reconcile fringe benefits at year end, moved funds in every non-personal services budget category without …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-state-auditsComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Florida Resident For Stealing $275k in NYS Pension Benefits
… plea and our recovery of $275,000 in stolen retirement funds. I thank Attorney General Schneiderman for partnering … us to find and prosecute those who steal public retirement funds.” “Theft from our state’s pension system is detrimental … July 31, 2014, totaling $276,721.24. Eletz accessed these funds from the joint account and liquidated all but $1,801.08 …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-275k-nysDiNapoli: New York State Pension Fund Expands List of Corporations That Disclose Political Spending
In 2016 the New York State Common Retirement Fund Fund reached agreements with six major corporations to voluntarily disclose their political spending New York State Comptroller Thomas P DiNapoli announced today
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-new-york-state-pension-fund-expands-list-corporations-disclose-political-spendingDiNapoli: Town of Bennington Audit Leads to Arrest
… is repaying the town,” said DiNapoli. “Unfortunately, my office continues to uncover instances such as this where inadequate financial controls result in public money … responsible for her actions and any misappropriated funds are recovered.” “I want to thank Comptroller DiNapoli and his …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-town-bennington-audit-leads-arrestAdministration of Contract C007373 With the Institute for Community Living
… fiscal controls to ensure that providers’ use of program funds is appropriate, allowable, and documented. Ensure ICL … Ensure that all service providers superintend contingency funds properly, including but not limited to requiring … separate tracking and reporting on spending and using such funds in compliance with program requirements. Other Related …
https://www.osc.ny.gov/state-agencies/audits/2016/12/30/administration-contract-c007373-institute-community-livingComptroller DiNapoli Releases Municipal Audits
… to manipulate court records and admitted to embezzling funds. Geneva Housing Authority – Cash Receipts (Ontario … limit. Niagara County Court and Trust – Court and Trust Funds (Niagara County) The records maintained by the … no material discrepancies. However, auditors identified funds from 71 actions totaling $251,392 that improperly …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-municipal-audits-1State Comptroller DiNapoli Releases Municipal Audits
… that received and/or disbursed funds. Town of Hancock – Transfer Station Operations (Delaware County) Town officials are not ensuring that transfer station revenues are sufficient to cover the costs … treasurer disbursed company funds. Disbursements in the form of check, debit card and cash withdrawals were made …
https://www.osc.ny.gov/press/releases/2016/11/state-comptroller-dinapoli-releases-municipal-auditsMedgar Evers College – Controls Over Bank Accounts
… urban university in the United States, consisting of 24 institutions. CUNY provides education for more than … New York. CUNY reported 567 bank accounts, including 24 at MEC that were active or closed during the period … Findings CUNY Central officials provided us with a list of 24 bank accounts that they were aware of at MEC. Fourteen …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/medgar-evers-college-controls-over-bank-accountsDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial … projections. PTET proceeds are expected by the Division of the Budget to be offset by lower personal income tax (PIT) … were made to the rainy-day fund reserves to set aside some of the state’s gains. Following through with plans to …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsComptroller DiNapoli Releases School District Audits
… restricted $2.2 million in two reserves and agency funds. Agency funds are for example, funds accumulated for employee flexible spending plans and …
https://www.osc.ny.gov/press/releases/2020/03/comptroller-dinapoli-releases-school-district-audits-0DiNapoli Issues Analysis of 2021-22 Enacted State Budget
… The Enacted State Budget for State Fiscal Year (SFY) 2021-22 … resources include federal support, better-than-expected tax collections, revenues from tax increases, and other new … of the Enacted Budget State Fiscal Year 2021-22 Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budget