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Town of Lee – Financial Management (2025M-63)
… complete report – pdf] Audit Objective Did the Town of Lee (Town) Town Board (Board) effectively manage the general …
https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63Beekmantown Fire District No. 1 – Investment Program (2025M-69)
… manage a comprehensive investment program? Audit Period January 1, 2023 – January 31, 2025 Understanding the Audit Area A comprehensive … interest rate quotes from financial institutions. As a result, officials did not determine the potential funds …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/02/13/beekmantown-fire-district-no-1-investment-program-2025m-69State Comptroller DiNapoli Releases Municipal & School Audits
… today announced the following local government and school audits were issued. Town of DeWitt – Planning and … in a loss of collectible town revenues. Pembroke Central School District – Investment Program (Genesee County) … or formally solicit interest rate quotes. Pembroke Central School District – Extra-Classroom Activity Funds (Genesee …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases School District Audits
… were preserved in their original format, intact, in a directory or filing system to maintain the records’ …
https://www.osc.ny.gov/press/releases/2022/08/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… DiNapoli today released an audit that found New York State Homes and Community Renewal’s (HCR) lax oversight of the … been a vital resource for seniors across our state whose homes may be at risk if they can’t make urgent repairs,” DiNapoli said. “Homes and Community Renewal can, and must, do more to meet …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… doubling its investment. The Fund was the first public pension fund in the U.S. to create an index that excludes or … Fund's regular index holdings, raises the current value of the Fund's sustainable investments to more than $7 … closer to the 100 percent renewable energy economy we need." The index, which is internally managed by the Fund, …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli Releases May State Cash Report
… Tax revenues in May were stronger than expected and came in $838 million higher than projections, according to the … year remain below last year’s levels. "The state brought in more money than expected in May because of strength in … Tax revenues in May were stronger than expected and came in $838 million …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-releases-may-state-cash-reportDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… billion in February were $21.6 million above the state’s latest estimates, according to the monthly cash report … than originally projected, and $19 million higher than the latest estimates. “This year’s budget assumed relatively … up 2 percent from last year and $21.8 million above the latest projections; All Funds receipts totaled $131.6 billion …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileDiNapoli Releases October State Cash Report
… payments made under the bank tax as well as increased sales tax collections. Tax collections for the first seven …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportState Agencies Bulletin No. 2115
… and direct deposit advices may also be delayed. The Division of the Treasury will hold both the paychecks and electronic files … and updates. Agencies should notify the Division of the Treasury if special handling of paychecks is needed upon …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2115-paycheck-distribution-april-6-2023-institution-cycle-paychecksState Agencies Bulletin No. 2017
… can be released. Background: When a passed budget is in place, OSC transmits the electronic direct deposit file on … 30, 2022, OSC is not permitted to distribute funds dated in the new fiscal year until the Legislature passes and the … Therefore, it is possible that there will be a delay in OSC’s ability to transmit the electronic file on Monday …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2017-paycheck-distribution-april-7-2022-institution-cycle-paychecksOpinion 98-12
… or statutory amendments that bear on the issues discussed in the opinion. CITIES -- Powers and Duties (commingling of … (4); GENERAL MUNICIPAL LAW, §9-a: The moneys of a city with one hundred twenty-five thousand inhabitants or more and … city operations. You ask whether the moneys of a city with one hundred twenty-five thousand inhabitants or more …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Comptroller DiNapoli, A.G. Schneiderman, State & DOI Commissioner Mark Peters Announce Conviction of Non-Profit Executive Involved in Six-Year Theft Scheme
… York, the state of New York and the United States using her not-for-profit corporation, Angeldocs, Inc. Angeldocs … and ship vehicles to Nigeria, and make other purchases for her personal benefit and for the benefit of her for-profit business. “Ms. Ogundu let her publicly-funded …
https://www.osc.ny.gov/press/releases/2015/10/comptroller-dinapoli-ag-schneiderman-state-doi-commissioner-mark-peters-announce-conviction-nonDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… month last year. Spending Overview All Funds spending is forecast to be $229 billion, 3.9% higher than SFY 2022-23. On … since 2019. By the end of SFY 2022-23, statutory rainy day fund balances had increased to $6.26 billion (compared to $1.8 billion in SFY 2014-15). The Enacted Budget contains provisions that would allow …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionXV.6.A Split Payroll – XV. End of Year
… 2025-26 60%/6 days 2026-27 2026-27 Institutional April 1, 2027 100%/10 days 2026-27 0%/0 days 2027-28 Administrative April 7, 2027 50%/5 days 2026-27 50%/5 days 2027-28 Institution …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv6a-split-payrollTown of Mooers - Cash Management (2020M-36)
Determine whether Town officials maximized interest earnings
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-cash-management-2020m-36IX.2.B Terminology – IX. Federal Grants
… not necessarily confined to a specific project. Functional Clearance Patterns are used annually in the calculation of … Improvement Act of 1990. Annually, the state develops a clearance pattern to determine the check clearance time, or days outstanding, for each check issued …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix2b-terminologyDiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter
… “Fortunately, our diverse and well-managed portfolio is built to withstand market fluctuations and remains one of the …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarterComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … Financial Condition (Chautauqua County) District officials have not identified opportunities to reduce student … District – Budgeting (Otsego County) District officials have accumulated excessive fund balances and not adequately …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-audits