Search
North Bellmore Union Free School District – Financial Condition (2014M-47)
… in its adopted budgets and consistently appropriated funds balance that was not needed. The District’s unexpended surplus funds exceed the level established by Real Property Tax Law. … estimates for appropriations and unexpended surplus funds. Review fund balance and develop a plan to reduce the …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/north-bellmore-union-free-school-district-financial-condition-2014m-47DiNapoli: State Pension Fund Value $194.3 Billion
… estate and real assets (9.66 percent) and absolute return strategies and opportunistic alternatives (3.85 percent). The …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionComptroller DiNapoli, A.G. Schneiderman, State & DOI Commissioner Mark Peters Announce Conviction of Non-Profit Executive Involved in Six-Year Theft Scheme
… Department of Housing and Urban Development, Special Agent Dan Connor of the Office of the Inspector General of the …
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
… recent plan available. The decline was primarily in the Personal Income Tax (PIT). “The Enacted State Budget funds … to a total of $2.85 billion) is structured as a federal loan, to be repaid by the state through a service contract … accountability by inappropriately classifying the Gateway loan in a modified classification of state-related debt, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetOpinion 98-12
… NY 77; Board of Education of City of Syracuse v King , 280 App Div 458, 114 NYS2d 329, lv denied 280 App Div 1033, 117 NYS2d 674, lv dismissed 304 NY 973; cf . …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Friendship Central School District – Fund Balance and Reserves (2022M-55)
… Improperly restricted $246,000 in a debt reserve fund. The funds should be returned to the general fund. Did not develop … for appropriations, appropriated fund balance and reserve funds that will be used to fund operations. Reduce surplus … with the statutory limit. Return improperly restricted funds to general fund surplus fund balance in compliance with …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/22/friendship-central-school-district-fund-balance-and-reserves-2022m-55Randolph 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-232City of Long Beach – Budget Review (B20-7-3)
… deficit in the City’s general fund and certain other funds as of June 30, 2012. Local Finance Law requires all …
https://www.osc.ny.gov/local-government/audits/city/2020/05/13/city-long-beach-budget-review-b20-7-3Village of Remsen – Clerk-Treasurer’s Records and Reports (2020M-119)
… financial reports were not completed or filed with the State Comptroller’s Office (OSC) for any of the last four …
https://www.osc.ny.gov/local-government/audits/village/2021/01/08/village-remsen-clerk-treasurers-records-and-reports-2020m-119Central Islip Union Free School District – Financial Management (2013M-380)
… Although the Board appropriated unexpended surplus funds each year (exceeding a combined $13.2 million over the … the District’s accumulated unexpended surplus funds exceeded the amount allowed by statute in each of the … that result in the appropriating unexpended surplus funds that will not be used to fund the next year’s …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380Town of Minetto – Financial Condition (2013M-284)
… condition of the general, highway and lighting district funds has diminished in recent years, resulting in fiscal … stress. As of December 31, 2012, the general and highway funds reported unexpended fund deficits of $24,853, and … and the lighting district fund had unexpended surplus funds of only $2,598. The Board does not receive monthly …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-minetto-financial-condition-2013m-284VII.10.A Cash Advance Overview – VII. State Revenues and Appropriated Loan Receivables
… Section 115 of the State Finance Law authorizes the establishment of cash … sections of this guide. It is the policy of OSC that all State agencies obtain the most economical and beneficial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10a-cash-advance-overviewState Comptroller DiNapoli Releases Municipal Audits
… of 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 45 percent of the next year’s budgets and no reserve funds were established. In addition, the town has nearly $605 …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-municipal-auditsPutnam Valley Central School District – Financial Condition (2016M-135)
… District officials did not use these restricted funds to pay for reserve and debt service related obligations because … have not established a reserve fund policy stating how much would be set aside in each reserve, how each reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/putnam-valley-central-school-district-financial-condition-2016m-135Village of Potsdam – Financial Condition (2017M-61)
… Key Findings The Village’s hydroelectric and sewer funds had deficit fund balances, and the general fund’s … Continue to work to eliminate deficits in the operating funds and to increase fund balance to the levels established …
https://www.osc.ny.gov/local-government/audits/village/2017/05/26/village-potsdam-financial-condition-2017m-61Grand Island Central School District – Interfund Financial Activity (2016M-42)
… between the general, capital projects and special aid funds for the period July 1, 2010 through September 30, 2015. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/grand-island-central-school-district-interfund-financial-activity-2016mDiNapoli: State Faces Potential Budget Gaps
… New York state faces potential budget gaps in future years, according …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gapsState Agencies Bulletin No. 2243.2
… submitting the request) Paycheck Date Check Amount Check Number Flag – (indicates if the request failed due to … financial institution) Last four digits of the account number returned Date return received by OSC **Please note the … received. The Days Late column (column G) indicates the number of days the AC230 worksheet remain outstanding. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22432-revised-new-payroll-check-notification-reportProcurement Practices
… contracting practices provide sufficient assurance that funds are spent appropriately, are in the best interest of … of its mission, Buffalo spent nearly $330 million in State funds on procurements between April 2016 and September 2018. … contracting practices provide sufficient assurance that funds …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesOversight of the Supported Housing Program – Rehabilitation Support Services, Inc.
… who have a serious mental illness, but are able to live independently rather than in a facility. Eligible … toward their monthly rent to ensure they are able to live independently. The Program provides assistance in … in upstate New York, serving eight different counties. For calendar year 2014, RSS claimed nearly $7.8 million in …
https://www.osc.ny.gov/state-agencies/audits/2017/05/04/oversight-supported-housing-program-rehabilitation-support-services-inc