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Village of Endicott -- Budget Review (B17-4-7)
… Purpose of Audit The purpose of our budget review was to provide an independent evaluation … by $470,040. Key Recommendations We recommend the Board address water and sewer rate changes and balance the budget …
https://www.osc.ny.gov/local-government/audits/village/2017/04/14/village-endicott-budget-review-b17-4-7Bolton Central School District – Financial Condition (2013M-58)
… that include realistic estimates for expenditures based on contractual and historical data. Discontinue the practice …
https://www.osc.ny.gov/local-government/audits/school-district/2013/05/31/bolton-central-school-district-financial-condition-2013m-58Village of Coxsackie – Financial Condition and Water and Sewer Fund Accountability (2014M-324)
… over the water and sewer funds for the period June 1, 2012 through May 31, 2014. Background The Village of …
https://www.osc.ny.gov/local-government/audits/village/2015/02/13/village-coxsackie-financial-condition-and-water-and-sewer-fund-accountabilityTown of Ira – Financial Management (2014M-280)
… the Town’s financial management and budgeting practices for the period January 1, 2013 through November 13, 2014. … Village of Cato in its boundaries. Budgeted appropriations for 2014 totaled approximately $1.1 million. Key Findings The … budgets with realistic estimates of anticipated revenues for the Town’s operating funds and use the unexpended fund …
https://www.osc.ny.gov/local-government/audits/town/2015/02/27/town-ira-financial-management-2014m-280Saranac Central School District – Investment Program (2023M-89)
… audit period, the District had an average of $12.4 million in operating and debt service funds available for investing, and earned $154,099 in investment earnings. Had officials utilized their … were given an opportunity to respond within 30 days in writing to our findings and recommendations but chose not …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/22/saranac-central-school-district-investment-program-2023m-89January 2001: Accounting & Reporting of Expendable and Non-expendable Trusts
… Issued To: County, City, Town and Village Chief Fiscal Officers, School District and BOCES Business Officials An expendable trust is a trust … purposes. Trusts, to be used for purposes that support your government's regular programs, that is, to benefit your …
https://www.osc.ny.gov/local-government/publications/january-2001-accounting-reporting-expendable-and-non-expendable-trustsDiNapoli: State's Cash Position is Strong
… State tax collections through the first five months of the state fiscal year were $26.9 billion, $119.3 million higher … because of Medicaid. Receipts collected in the General Fund (including transfers from other funds) totaled $28 …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strongNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first … the Fund remains one of the nation’s strongest, providing retirement security to our 1.1 million working and retired …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsXII.6.O Paying Retainage – XII. Expenditures
… Bureau of State Expenditures’ Customer Service Help Desk at (518) 474-4868, or by email addressed to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6o-paying-retainageDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… are market challenges and risks that require the Fund to increase its sophistication, bring more investment expertise …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… Tax collections of $38.2 billion through the first half of … latest projections largely due to strong personal income tax receipts, according to the state monthly cash report and … first six months, as well as continued strength in real property transfer tax collections. All Funds receipts …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearOpinion 91-42
… treasurer); (cooperative investment of department funds and village funds); (gift of department funds to village … to condition regarding use) VILLAGE TREASURER -- Powers and Duties (authority to have custody of fire department … the members of all the fire, hose, protective and hook and ladder companies of a village (Village Law, §10-1008). Moneys …
https://www.osc.ny.gov/legal-opinions/opinion-91-42XI.5 Purchase Authorizations – XI. Procurement and Contract Management
… contracts should be created in the Statewide Financial System (SFS) using the appropriate Contract Profile based …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizationsNYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… percent of electricity derived from renewable sources by 2025. Vistra Energy Corp. (VST), a utility company that is …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesLeading the Way on Climate Investment
… This multi-faceted approach employs sustainable investment strategies, active engagement with portfolio companies and …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentTown of Red Hook - Financial Condition (2018M-171)
… the excess funds as a financing source in a manner that benefits taxpayers. Revise the fund balance policy to ensure …
https://www.osc.ny.gov/local-government/audits/town/2018/11/02/town-red-hook-financial-condition-2018m-171Town of Lincklaen – Board Oversight (2017M-37)
… use excess funds as a financing source in a manner that benefits Town residents. Perform annual audits of the records …
https://www.osc.ny.gov/local-government/audits/town/2018/01/26/town-lincklaen-board-oversight-2017m-37Town of Russia – Financial Management (2014M-212)
… affairs. Expenditures for the general and highway funds in 2013 totaled approximately $1.07 million. Key … not adopted policies and procedures to govern the level of funds to be maintained, and the Town has accumulated excessive funds as a result. The Board has typically underestimated …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-russia-financial-management-2014m-212Ravena-Coeymans-Selkirk Central School District – Extra-Classroom Activity Funds and Admissions (2020M-169)
… Develop and implement policies and procedures to ensure admissions revenue is adequately safeguarded and … and have initiated, or indicated they planned to initiate corrective action. … Determine whether the …
https://www.osc.ny.gov/local-government/audits/school-district/2021/04/01/ravena-coeymans-selkirk-central-school-district-extra-classroom-activityCamden Central School District – Financial Condition (2016M-51)
… District’s financial condition to ensure that the general fund’s unrestricted fund balance was within the statutory limit. District … reserve balances and transfer excess funds to unrestricted fund balance, where allowed by law, or other reserves …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/camden-central-school-district-financial-condition-2016m-51