Search
Town of Boylston – Financial Condition (2021M-69)
… effectively manage the Town’s financial condition. As a result, it levied more taxes than necessary to sustain …
https://www.osc.ny.gov/local-government/audits/town/2021/09/03/town-boylston-financial-condition-2021m-69DiNapoli Releases October State Cash Report
… Year-to-date state tax collections of $38.4 billion were … settlement revenue,” DiNapoli said. “As the 2015-16 Executive Budget is prepared, it is important to separate … in the most recent Financial Plan update but more than $16 billion above initial projections from the Enacted Budget …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportWest Valley Central School District – Financial Management (2013M-178)
… Purpose of Audit The purpose of our audit was to evaluate the District’s … 2013. Background The West Valley Central School District is located in Cattaraugus County. The District is governed by the Board of Education which comprises seven …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/06/west-valley-central-school-district-financial-management-2013m-178DiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… Treasury Department has praised recipients for recovery strategies that prioritize urgent needs but has also …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryCity of Dunkirk – Community Development Block Grant Management (2012M-146)
The purpose of our audit was to evaluate the Citys financial management and administration of the Community Development Block Grant program for the period Apri
https://www.osc.ny.gov/local-government/audits/city/2012/11/13/city-dunkirk-community-development-block-grant-management-2012m-146DiNapoli Releases February State Cash Report
… tax collections totaled $67.3 billion through Feb. 28, a decline of $481 million or 0.7 percent from the same period … the Executive Budget on Feb. 23. "While tax collections for much of this fiscal year were lower than expected, … latest projections, primarily because of timing of federal payments. All Funds spending totaled just under $131.5 …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-releases-february-state-cash-reportNYS Common Retirement Fund Reports Third Quarter Results
… estate and real assets (8.6 percent) and absolute return strategies and opportunistic alternatives (3.5 percent). The …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsOpinion 88-73
… -- Reserve Fund (authority to establish) MUNICIPAL FUNDS -- Capital Reserve Fund (creation of by town for … other than suburban towns to establish capital reserve funds for improvement district purposes. In this regard, we … authorizes towns generally to establish capital reserve funds, specifically provides in subdivision (3)(a) that the …
https://www.osc.ny.gov/legal-opinions/opinion-88-73DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the … best managed and best funded plans in the nation. Links Funds historic value and rate of return in prior years …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Title I Grants to Local Educational Agencies – Federal Funding and New York
… norms and annual school allocations. FIGURE 1 – Title I NYC School Allocations, FY 2025 # Schools Fungible Title I … $44,163,557 $58,337,598 $847,310,115 $533,907 Source: NYC Department of Education Impact In FY 2025, DOE allocated … Historical Citywide Title I School Allocations Source: NYC Department of Education … Title I of the Every Student …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/title-i-grants-local-educational-agenciesCarthage Central School District – Financial Condition (2014M-138)
… policies governing the establishment and use of reserve funds, and the balances in two of the funds are higher than necessary. Key Recommendations Develop … estimates for appropriations and unexpended surplus funds. Develop a plan for the use of excess unexpended …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/01/carthage-central-school-district-financial-condition-2014m-138Town of Carlisle – Fund Balance (2017M-106)
… audit was to evaluate the Town’s fund balance management for the period January 1, 2016 through February 7, 2017. … an elected five-member Town Board. Budgeted appropriations for the general and highway funds for 2017 totaled $827,305. Key Findings The Board has not …
https://www.osc.ny.gov/local-government/audits/town/2017/11/20/town-carlisle-fund-balance-2017m-106Town of Ellicott – Fiscal Stress (2013M-269)
… of our audit was to review the Town’s financial condition for the period January 1, 2010, to July 20, 2013. Background … five-member Town Board is the legislative body responsible for managing Town operations. The Town’s budgeted appropriations for the 2013 fiscal year are approximately $3.8 million. Key …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-ellicott-fiscal-stress-2013m-269Reporting of Community-Based Services Under the Transformation Reinvestment Plan
… Mental Health (OMH) is to promote the mental health of all New Yorkers, with a particular focus on providing hope and … One key piece of data on the monthly reports is known as “New Individual Served” (NIS). Measuring NIS helps demonstrate …
https://www.osc.ny.gov/state-agencies/audits/2022/10/26/reporting-community-based-services-under-transformation-reinvestment-planReporting of Community-Based Services Under the Transformation Reinvestment Plan (Follow-Up)
… Objective To assess the extent of implementation of the three recommendations included in … Under the Transformation Reinvestment Plan (Report 2021-S-15 ). About the Program OMH’s mission is to promote the …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/reporting-community-based-services-under-transformation-reinvestment-plan-followNYS Common Retirement Fund Announces Third Quarter Results
… overall return in the third quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending … value was $176.8 billion as of the end of the state fiscal year on March 31, 2014. The Fund has 39.5 percent of its … has been funded by investment returns. The Fund’s fiscal year ends March 31, 2015. … The New York State Common …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsIV.5.A Operating and Other Transfers – IV. Accounting Codes - Uses and Descriptions
… These transfers are authorized by §4 of the State Finance Law and annual budget bills which specifically identify the … transfers are made and the fund receiving the transfer-in. All operating transfers are closely monitored and reported on by OSC and, pursuant to statutes, in most cases the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5a-operating-and-other-transfersVillage of Spencerport – Financial Management (2013M-134)
… budgeting practices or the level of unexpended surplus funds to maintain. Although the Board has been provided with … $3.73 million in fund balance for the general and sewer funds, over $2.9 million of this amount was not used. … the Village has accumulated excessive unexpended surplus funds amounting to $833,139 and $522,373 in the general and …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134DiNapoli Releases July State Cash Report
… in July from a year earlier, helping lift the state’s total tax collections slightly above updated projections … easily accessible on his transparency website Open Book New York . … State income tax collections increased $882 million …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportIndividuals with Disabilities Education Act – Federal Funding and New York
… including IDEA. Funds to New York City The City’s fiscal year (FY) 2026 preliminary budget includes $291 million in federal IDEA funding in FY 2025 and in each year thereafter. This accounted for 13.9 percent of the … bringing total IDEA revenues to $304 million. Out-year projections remain at the lower levels assumed in the …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/individuals-disabilities-education-act