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NYS Common Retirement Fund Announces Third Quarter Results
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. Its fiscal year ends March …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsXVI.3.B Fund Accounting – XVI. Financial Reporting
… into fund types. A fund type is the grouping of all funds of similar characteristics and purposes. Only the … Revenue Funds Federal Special Revenue Funds are used to account for federal grants received that are earmarked for … account for expenditures related to the construction of major State-owned capital facilities and for local assistance …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingBradford Fire Co. Treasurer Arrested for Stealing Public Funds
… New York State Comptroller Thomas P. DiNapoli announced the arrest of … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 14th floor, 110 State St., Albany, NY 12236. … New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2016/07/bradford-fire-co-treasurer-arrested-stealing-public-fundsJohnsburg Central School District - Extra-Classroom Activity Funds (2018M-150)
Determine whether extraclassroom activity funds were adequately safeguarded and collections and disbursements were properly accounted for
https://www.osc.ny.gov/local-government/audits/school-district/2019/02/01/johnsburg-central-school-district-extra-classroom-activity-funds-2018mDiNapoli: Fire Department Treasurer Arrested for Stealing Public Funds
… position and went on a spending spree with public money,” said DiNapoli. “It is alarming that my office continues to …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fire-department-treasurer-arrested-stealing-public-fundsMonterey Fire Company, Inc. – Misappropriation of Funds (2013M-17)
… businesses, and made ATM cash withdrawals of Company funds. Additionally, the Fire Chief used the Company’s … he paid with the Company’s debit card – and used Company funds to help purchase a personal vehicle. These personal …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/03/27/monterey-fire-company-inc-misappropriation-funds-2013m-17Controls and Accountability of Court, Trust and Bail Funds
… of Finance accurately accounts for Court, Trust and Bail funds. This audit covered from January 1, 2011 through … Finance (Finance). These moneys include bail postings made on behalf of defendants, trust funds from estates controlled … City for certain abandoned accounts. Court orders to pay out Bail funds were not always processed timely resulting in …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-fundsDiNapoli: Former School District Treasurer Sentenced for Stealing Funds
… school district to fund her personal shopping,” DiNapoli said. “She was wrong and now she must face the consequences …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-former-school-district-treasurer-sentenced-stealing-fundsVillage of Millport – Treasurer’s Misappropriation of Funds (2016M-256)
… the Board allowed the Treasurer to misappropriate Village funds and make questionable payments to herself totaling as …
https://www.osc.ny.gov/local-government/audits/village/2019/06/19/village-millport-treasurers-misappropriation-funds-2016m-256DiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… will be held accountable for their wrongdoing,” DiNapoli said. “I thank District Attorney Carnright and the State … citizens of Ulster County,” District Attorney Carnright said. In an audit released last year, DiNapoli’s office found …
https://www.osc.ny.gov/press/releases/0215/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsDiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… their businesses not just because it is the right thing to do, but because they will be better positioned to prosper in … and discrimination, too often swept under the rug, can have a corrosive effect on work environment and threaten the … the U.S. Centers for Disease Control and Prevention, Black women are three times more likely to die from a …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesDiNapoli: Former Clerk Padded Her Pay With Town Funds
… a raise and have taxpayers pay back a loan," DiNapoli said. "Thanks to our investigators and auditors, her fraud … same goal; holding those who break our laws, accountable," said Superintendent George P. Beach II. "The victims in this …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-former-clerk-padded-her-pay-town-fundsMorley Volunteer Fire Company – Misappropriation of Funds (2023M-154)
… provided oversight of financial operations to ensure funds were safeguarded. Key Findings Company officials did … not provide oversight of financial operations to ensure funds were safeguarded. As a result, the former Treasurer was able to misappropriate $64,972 of Company funds from January 2016 through December 2019. The former …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2024/03/22/morley-volunteer-fire-company-misappropriation-funds-2023m-154Pembroke Central School District – Extra-Classroom Activity Funds (2023M-136)
… all ECA funds were properly used. For example: One club advisor did not deposit more than $3,500 in club fundraising activities until our audit began, which was more than six months after the club’s fundraising activity had taken place. The supporting …
https://www.osc.ny.gov/local-government/audits/school-district/2024/04/19/pembroke-central-school-district-extra-classroom-activity-funds-2023m-136Le Roy Central School District – Reserve Funds (2022M-110)
… was reasonable or needed. For example, as of June 30, 2021, the unemployment insurance reserve totaled $658,000, …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/le-roy-central-school-district-reserve-funds-2022m-110Letchworth Central School District - Reserves (2018M-176)
Determine whether the Board properly established reserve funds and maintained them at reasonable levels.
https://www.osc.ny.gov/files/local-government/audits/pdf/letchworth.pdfMonticello Central School District - Fund Balance Management (2020M-2)
Determine whether the Board and District officials properly managed the general fund’s fund balance.
https://www.osc.ny.gov/files/local-government/audits/pdf/monticello-2020-02.pdfTuckahoe Common School District - Financial Condition (2018M-191)
… officials generally agreed with our recommendations and have initiated or indicated they planned to initiate …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/tuckahoe-common-school-district-financial-condition-2018m-191Buffalo United Charter School - Financial Management (2018M-197)
… and control of the School’s finances. The Board did not have control over School funds or how they are used. Key …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/03/22/buffalo-united-charter-school-financial-management-2018m-197Village of Addison – Former Clerk-Treasurer’s Misappropriation of Funds (2024M-19)
… agreed with our recommendations and indicated they have initiated corrective action. 1 The former …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-former-clerk-treasurers-misappropriation-funds-2024m-19