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Town of Fishkill – Fiscal Stress (2013M-188)
… budgets over the past four years. The Town’s year-end fund balance for its five major operating funds, combined, … expenses in 2010 and 2011. The town-wide general fund balance deficit increased from $384,000 in 2009 to a … $23,750 balance of funds intended for use in affordable housing trust fund were actually expended. Replace and use …
https://www.osc.ny.gov/local-government/audits/town/2013/09/16/town-fishkill-fiscal-stress-2013m-188Child Care and Development Block Grant – Federal Funding and New York
… will decline by more than a third from FY 2025 to FY 2026. However, the City will likely incorporate additional … 11.0% Note: Columns may not add due to rounding. Sources: NYC Office of Management and Budget; OSC analysis FIGURE 2 – Number of Children Using Child Care Vouchers Sources: NYC Open Data; OSC analysis …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/child-care-and-development-block-grantDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… 2020 (CARES Act) with a HUD-HCR funding agreement through 2026. $120 million in HOME Investment Partnership Program funds from HUD. $93 … for CDBG CARES Act funding runs through September 23, 2026, and HCR must expend at least 80% of the funds by …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingIX.12.F CMIA Interest Liabilities – IX. Federal Grants
… valid obligational authority under federal law, federal regulation, or federal-state agreement as, for example, when …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12f-cmia-interest-liabilitiesBemus Point Central School District - Financial Management (2019M-216)
… whether the Board and District officials properly managed fund balance and reserves. Key Findings The Board … and annually appropriated an average of $400,000 of fund balance that was not used to finance operations. The … restricted more than $260,000 in its trust and agency fund. As of June 30, 2019, surplus fund balance totaled …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/14/bemus-point-central-school-district-financial-management-2019m-216LaFayette Central School District – Reserves (2013M-387)
… funds over multiple fiscal years, they can be considered de facto reserve funds. The District did not have a plan for … or funding reserves. Take remedial action to ratify the de facto reserves by adopting appropriate resolutions. Adopt …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/07/lafayette-central-school-district-reserves-2013m-387City of Saratoga Springs – Financial Condition (2012M-201)
… condition of the City’s general, water and sewer funds for the period January 1, 2008, to December 31, 2011. … consisting of five members, has overall responsibility for the City’s operations. The City’s annual budget for the 2012 fiscal year was $37.2 million for the general …
https://www.osc.ny.gov/local-government/audits/city/2013/02/15/city-saratoga-springs-financial-condition-2012m-201DiNapoli Releases Mid-Year State Cash Report and Review
… through September, according to the state monthly cash report and a mid-year report on revenue trends, … projections. "Midway through the fiscal year, New York’s cash position continues to improve,” DiNapoli said. “Tax … updated projections. DiNapoli's office issues a state cash report every month identifying actual state revenues and …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-releases-mid-year-state-cash-report-and-reviewXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… deems a specific fund or project closed and requires residual STIP interest moved to facilitate such closure, the … entry to an allowable set of chartfields. Additionally, residual average daily balances may cause future STIP … by OSC. If an agency needs assistance in determining where residual STIP can or should be moved to, please email …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsOpinion 89-56
… local laws superseding or amending the Town Law in its application to the town, so long as the local laws relate to … public policy ( Board of Education v Yonkers Federation of Teachers , 40 NY2d 268, 386 NYS2d 657; Board of Education v Associated Teachers of Huntington, Inc. , 30 NY2d 122, 331 NYS2d 17). In …
https://www.osc.ny.gov/legal-opinions/opinion-89-56IX.11.A Single Audit Act Accounting and Reporting Requirements – IX. Federal Grants
… New York State is subject to specific accounting and … New York State is subject to specific accounting and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix11a-single-audit-act-accounting-and-reporting-requirementsDiNapoli: Former Alexandria Town Clerk Pleads Guilty in Theft
… Former Alexandria Town Clerk Ellen Peck pleaded guilty yesterday in Jefferson County Court to stealing $26,285 in … Former Alexandria Town Clerk Ellen Peck pleaded guilty yesterday in Jefferson County Court to stealing $26285 in …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-former-alexandria-town-clerk-pleads-guilty-theftSchool of Professional Studies – Controls Over Bank Accounts
… controls. Fully comply with prescribed procedures for opening new bank accounts and the monitoring of existing …
https://www.osc.ny.gov/state-agencies/audits/2015/06/02/school-professional-studies-controls-over-bank-accountsBrookhaven-Comsewogue Union Free School District - Extra-Classroom Activity Funds (2021M-181)
… adequate accounting system for extra-classroom activity (ECA) funds. Key Findings Unapproved ECA clubs were operating in the District and District … did not establish an adequate accounting system for ECA funds. As a result, District officials cannot ensure that …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/17/brookhaven-comsewogue-union-free-school-district-extra-classroom-activityTown of Wawarsing - Financial Oversight of Select Activities (2018M-239)
… oversight by: Reviewing and approving proposals, bids, change orders and vendor requests for payment. Auditing …
https://www.osc.ny.gov/local-government/audits/town/2019/06/28/town-wawarsing-financial-oversight-select-activities-2018m-239Town of Pleasant Valley – Financial Management (2024M-158)
… developed realistic budgets and properly managed reserve funds. Key Findings The Board did not develop realistic … expenditures were overestimated in the general and highway funds generating operating surpluses totaling $5.1 million … $4.5 million and $2.4 million in the general and highway funds, respectively, as of December 31, 2023.The Board did …
https://www.osc.ny.gov/local-government/audits/town/2025/05/09/town-pleasant-valley-financial-management-2024m-158DiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… risks, diversity, equity and inclusion (DEI), workforce management, and ensuring a robust governance framework to … DEI, workforce management, governance, board diversity, executive compensation, and political spending disclosure. … voting on all director nominees, advisory votes on executive compensation, and votes on shareholder proposals at …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… in an investors’ panel as part of the United Nations Climate Change Conference. “Low-carbon, sustainable investments are … profile than its performance benchmark. The new index will further reduce the carbon footprint of the Fund’s overall …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureGorham-Middlesex Central School District – Multiyear Planning (2016M-177)
… have not developed a formal, documented multiyear capital plan. The District developed a reserve plan that includes details regarding the anticipated use of … reserve funds based on the District’s projected needs, as required by the reserve policy. Key Recommendations Develop …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/gorham-middlesex-central-school-district-multiyear-planning-2016m-177New York State Financial Reporting
… Excel: April Fiscal Year 2025-2026 PDF: April | May | June | July | August | September | October | November | … Comprehensive Financial Report This annual report presents New York State’s financial statements prepared in accordance with …
https://www.osc.ny.gov/reports/finance