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State Comptroller DiNapoli Releases School District Audits
… today announced the following school district audits have been issued. Albion Central School District – Financial … monitor network user accounts. District officials should have disabled unneeded user accounts and monitored network … today announced the following school district audits have been issued …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-releases-school-district-auditsTown of Deerfield – Financial Management and Fuel Inventory (2012M-253)
… and/or accumulated excessive amounts of unexpended surplus funds in the general fund and the water and sewer districts … plan or establish reserves to ensure unexpended surplus funds are used as intended. Prior to May 2012, the Highway … balance policy governing the level of unexpended surplus funds to be maintained in its operating funds. Develop a …
https://www.osc.ny.gov/local-government/audits/town/2013/03/15/town-deerfield-financial-management-and-fuel-inventory-2012m-253Comptroller DiNapoli Releases Municipal Audits
… for our local communities is a top priority,” said DiNapoli. “By auditing municipal finances and …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-municipal-auditsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… has directed staff to prohibit all new investments in Russian companies and to review the New York State Common … “While American sanctions already prohibit investments in many Russian companies, I believe it is prudent to freeze purchases in all Russian companies due to the situation’s …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewIX.6.E Education Department - G5 System – IX. Federal Grants
… use the same UEI number for all its grants. To receive funds through G5, each agency is required to register their … or rejected automatically based on the amount of available funds in the G5 account. OSC BSAO receives immediate … grants without having to initiate a payment request. Funds can be returned via G5 provided there are other grants …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6e-education-department-g5-systemCity of Amsterdam – Budget Review (B24-5-5)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2024-25. Background Chapter … all recommendations in our previous budget review letter when preparing the 2024-25 proposed budget. The Mayor …
https://www.osc.ny.gov/local-government/audits/city/2024/05/13/city-amsterdam-budget-review-b24-5-5NYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsMattituck-Cutchogue Union Free School District – Financial Condition (2013M-322)
… stay within the year-end statutory limit for unrestricted funds, District officials transferred moneys to the … a policy or plan for accumulating and using reserves funds and District officials did not provide any calculations … used. District officials incorrectly reported the reserve funds’ cash balances as "unrestricted" rather than …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/24/mattituck-cutchogue-union-free-school-district-financial-condition-2013mSustainable Investments and Climate Solutions Program
… In June of 2019, Comptroller DiNapoli released a Climate Action Plan , which provides a roadmap for the Common Retirement Fund (CRF) to address climate risks …
https://www.osc.ny.gov/common-retirement-fund/sustainable-investments-and-climate-solutions-programMerrick Union Free School District – Financial Condition (2016M-240)
… by a total of $2.8 million from July 1, 2012 through June 30, 2015. The District's unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/07/merrick-union-free-school-district-financial-condition-2016m-240Town of Oyster Bay - Financial Condition Management (2020M-74)
… the Town’s financial condition. Three of the Town’s funds have carried repeated fund balance deficits, while two other funds have accumulated unrestricted fund balances equal to at least … officials generally agreed with our recommendations and have initiated, or indicated they planned to initiate, …
https://www.osc.ny.gov/local-government/audits/town/2020/09/04/town-oyster-bay-financial-condition-management-2020m-74VIII.1.D Hybrid Journal Entries – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… between governmental funds: General Fund, Capital Funds, Special Revenue (General and Federal) and Debt Service Funds. … service fund Record a reduction of receipts and increase refund expense. (e.g. tax refunds) See Section 1 – Accounts …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii1d-hybrid-journal-entriesBellmore-Merrick Central High School District – Financial Condition (2016M-341)
… financial condition for the period July 1, 2012 through June 30, 2016. Background The Bellmore-Merrick Central High …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/18/bellmore-merrick-central-high-school-district-financial-condition-2016mTown of Gorham – Budgeting (2023M-181)
… (TOV) general, TOV highway, sewer and water funds combined generated a total of $1.6 million in operating … totaling $230,000 were inappropriately recorded in the TW funds instead of the TOV funds, given property taxes were levied in the TOV funds. An …
https://www.osc.ny.gov/local-government/audits/town/2024/06/28/town-gorham-budgeting-2023m-181Town of Mooers - Cash Management (2020M-36)
… with higher available interest rates, revenue could have increased by approximately $31,300 during the audit … officials generally agreed with our recommendations and have initiated, or indicated they planned to initiate …
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-cash-management-2020m-36XV.6.A Split Payroll – XV. End of Year
… To explain the method of determining the appropriation charges to be used for the following fiscal year-end payroll …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv6a-split-payrollState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… helping to address the risk of climate change," DiNapoli said. "The current Administration in Washington may have … continues to heed that call and set the bar higher," said Mindy Lubber, President and CEO at Ceres . "These new, …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programFriendship Central School District – Fund Balance and Reserves (2022M-55)
… Adopt budgets that include reasonable estimates for appropriations, appropriated fund balance and reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/22/friendship-central-school-district-fund-balance-and-reserves-2022m-55Village of Remsen – Clerk-Treasurer’s Records and Reports (2020M-119)
Determine whether the Village of Remsen Village ClerkTreasurer maintained adequate records and reports to allow the Board of Trustees Board to properly manage Village finances
https://www.osc.ny.gov/local-government/audits/village/2021/01/08/village-remsen-clerk-treasurers-records-and-reports-2020m-119Randolph Central School District - Financial Management (2019M-232)
… to comply with the statutory limit and use the excess funds in a manner more beneficial to taxpayers. Return money …
https://www.osc.ny.gov/local-government/audits/school-district/2020/03/06/randolph-central-school-district-financial-management-2019m-232