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DiNapoli Releases Review of Executive Budget
… peak at 7.7 million in SFY 2022-23 before returning to near pre-pandemic levels by SFY 2023-24. The Executive Budget …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: January Tax Collections Fall Short
… $58.9 billion, but were $367.3 million below the state’s latest estimates because of lower than expected Personal … collections from PIT were $467.6 million below the state’s latest Financial Plan projections but $301.4 million higher … of 1.9 percent from last year, and $59.5 million above the latest projections. Total tax collections through January …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortComptroller DiNapoli Releases State Audits
… and monitoring of procurement contracts as required by law. Auditors found ESDC officials were not in compliance … - Access-A-Ride Accident Claims (2012-S-12) Federal law requires the MTA to provide transportation services to … a balance of $296.7 million, while the bank and investment firm that held the money had a balance of $299.1 million. …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases Municipal Audits
… Assistant Treasurer admitted to stealing $4,100 in County funds from 2012 to 2017 and resigned from her position. In … The Court has a shortage of $370 and unidentified funds of $8,207. Town of Lloyd – Financial Condition (Ulster … overestimated expenditures in the general, water and sewer funds each year. The board’s budgeting practices resulted in …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $254.1 billion at the end of the first quarter of state fiscal year 2023-24. For the three-month period ending June 30, 2023, …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterNYS Common Retirement Fund Announces First Quarter Results
The New York State Common Retirement Funds Fund overall return in the first quarter of the state fiscal year 20152016 was 052 percent for the threemonth period ending June 30 2015 with an estimated value of $1825 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsXIX.6.D Reporting – XIX. Project Costing (PCIP)
… Agencies will be able to report on the costs against each funding source even though the … its capabilities. Federal grant reporting will be based on the relationship of a Project/Activity to a Customer … Number, Customer Contract Number, and Customer Contract Line Number: Billing line limits Billings to date Based on …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix6d-reportingDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… Retirement Fund (Fund) reached a record estimated value of $183.5 billion as of the close of the state fiscal year on March 31, 2015. “The Fund …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionGermantown Central School District – Financial Management (2013M-230)
… of taxpayer dollars without full disclosure of how these funds will be used. Key Recommendations Develop realistic … procedures related to the establishment and use of reserve funds. Review all reserves and determine if the amounts … manner. Develop a plan for the use of unexpended surplus funds and excess reserve funds identified in this report in a …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/17/germantown-central-school-district-financial-management-2013m-230Town of East Fishkill –Financial Condition (2014M-139)
… audit was to review the financial condition of the Town’s sewer fund for the period January 1, 2012 through December … million, including appropriations of $1.56 million for the sewer districts. Key Findings The Board did not effectively … financial information on a regular basis. As a result, the sewer fund’s financial condition has deteriorated in recent …
https://www.osc.ny.gov/local-government/audits/town/2014/08/08/town-east-fishkill-financial-condition-2014m-139DiNapoli: Former Treasurer of Frewsburg Central School District Pleads Guilty to Stealing Nearly $7,000 in School Funds
… and District Attorney Jason Schmidt today announced the arrest and guilty plea of Angela Smoulder, former Treasurer … to the district in the amount of $6,982.42. The arrest is a result of a joint investigation between the State … and District Attorney Jason Schmidt today announced the arrest and guilty plea of Angela Smoulder former Treasurer of …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-treasurer-frewsburg-central-school-district-pleads-guilty-stealing-nearly-7000-schoolTown of Forestport – Financial Management (2013M-184)
… balance policy governing the level of unexpended surplus funds to be maintained in the Town’s operating funds. Ensure that interfund loans between funds with different tax bases are paid with interest to the …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-forestport-financial-management-2013m-184Citizens Hose Company – Board Oversight of Financial Operations (2015M-157)
… of Audit The purpose of our audit was to examine the Company’s internal controls over its financial operations for … 2013 through December 16, 2014. Background Citizens Hose Company (Company) provides fire protection and emergency rescue …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2020/12/11/citizens-hose-company-board-oversight-financial-operationsTown of Bolivar – Community Development Block Grant (2013M-353)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial management … spent and that the intended objectives and outcomes were accomplished. The CCDC submitted 31 invoices totaling …
https://www.osc.ny.gov/local-government/audits/town/2014/03/07/town-bolivar-community-development-block-grant-2013m-353Homer Central School District – Financial Condition (2013M-306)
… a total of almost $3.6 million of unexpended surplus funds and budgeted for expenditures from its reserves in its budgets. Although unexpended surplus and reserve funds were included in the budgets as a financing sources, the District did not actually use the surplus funds or all of the budgeted reserve fund amounts as planned …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/homer-central-school-district-financial-condition-2013m-306Frankfort-Schuyler Central School District – Financial Management (2016M-226)
… an average of approximately $342,000 of unrestricted funds in the debt service fund, $1.1 million in the agency … is in compliance with the statutory limit; use surplus funds as a financing source for funding one-time … in accordance with statute, to remedy reserves with excess funds. Adopt a reserve fund policy that states its financial …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/30/frankfort-schuyler-central-school-district-financial-management-2016m-226IX.12.P Annual Schedule of Expenditures of Federal and Non-Cash Awards – IX. Federal Grants
… also includes Federal financial assistance programs that do not have cash receipts and disbursements posted in the SFS. Non-cash benefits represent services and products … in the annual TSA (Treasury State Agreement) because they do not involve the transfer of funds between the Federal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12p-annual-schedule-expenditures-federal-and-non-cash-awardsDiNapoli: State Pension Fund Valued at $283.9 Billion at End of First Quarter
… at the end of the first quarter of State Fiscal Year 2025-26, New York State Comptroller Thomas P. DiNapoli announced today. For the three-month period ending June 30, Fund investments … their beneficiaries. It has consistently been one of the best managed and best funded plans in the nation. … The …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-pension-fund-valued-283-point-9-billion-end-first-quarterTown of Busti – Taxpayer Equity (2015M-349)
… October 21, 2015. Background The Town of Busti is located in Chautauqua County and has a population of approximately … for 2015 totaled approximately $1.1 million. Key Findings In 2014, Town officials did not properly budget for or allocate approximately $135,000 in highway equipment purchases between the town-wide and …
https://www.osc.ny.gov/local-government/audits/town/2016/03/25/town-busti-taxpayer-equity-2015m-349Sandy Creek Central School District – Reserve Management (2023M-43)
… (Board) and District officials properly managed reserve funds. Key Findings The Board and District officials did not properly manage reserve funds. The employee benefit accrued liability reserve (EBALR) … EBALR is only used for allowable expenditures. Transfer funds improperly maintained in the debt service fund to the …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/23/sandy-creek-central-school-district-reserve-management-2023m-43