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Hewlett-Woodmere Union Free School District – Financial Condition (2016M-402)
… our audit was to review the District’s financial condition for the period July 1, 2012 through May 31, 2016. Background … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $113.6 … general fund budgets that include realistic estimates for appropriations. Discontinue the practice of adopting …
https://www.osc.ny.gov/local-government/audits/school-district/2017/01/27/hewlett-woodmere-union-free-school-district-financial-condition-2016m-402Cohoes City School District – Budgeting (2016M-111)
… how much should be accumulated and how and when the funds will be used. As of June 30, 2015, the District’s … that details funding levels and planned uses of reserve funds. Use surplus funds to fund one-time expenditures, fund needed reserves or …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/cohoes-city-school-district-budgeting-2016m-111New Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)
… District’s financial operations and use of fund balance for the period of July 1, 2011 through June 30, 2013. … seven-member Board of Education. District expenditures for the 2012-13 fiscal year totaled $33 million. Key Findings …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financialDiNapoli Releases Analysis of Executive Budget
… The $168.2 billion State Fiscal Year (SFY) 2018-19 Executive Budget proposes several measures … the Executive Budget submitted to the Legislature on Jan. 16. Read the Report on the State Fiscal Year 2018-19 …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-releases-analysis-executive-budgetTown of Warwick - Water and Sewer Fund Financial Condition (2018M-259)
… $138,972. Six water districts and one sewer district rely on general fund advances to finance operations, totaling …
https://www.osc.ny.gov/local-government/audits/town/2019/04/12/town-warwick-water-and-sewer-fund-financial-condition-2018m-259DiNapoli Calls on Aetna to Disclose Corporate Political Spending
… the dark on corporate political spending,” DiNapoli said. “We need to know whether Aetna is using our investment in ways that …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-calls-aetna-disclose-corporate-political-spendingLancaster Central School District – Financial Management (2022M-37)
… million of fund balance that was not used. Did not use reserves in accordance with adopted budgets, overfunded two reserves by approximately $3.3 million, and did not use a debt reserve, with a balance of $8.3 million, to pay debt as required. These practices resulted in real …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/05/lancaster-central-school-district-financial-management-2022m-37Public Housing Modernization Program – Administration of Selected Projects Outside of New York City
… of Public Housing Modernization Program (Program) funds awarded to selected public housing authorities located … and kitchens. DHCR is responsible for awarding Program funds to authorities and providing general Program oversight, while HTFC disburses the Program funds pursuant to “funding contracts” between DHCR and the …
https://www.osc.ny.gov/state-agencies/audits/2016/05/12/public-housing-modernization-program-administration-selected-projects-outside-new-york-cityGreenwich Central School District – Extra-Classroom Activities (2021M-20)
… maintain proper supporting documentation for all ECA club collections and fundraising events. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/11/greenwich-central-school-district-extra-classroom-activities-2021m-20II.4.C Cash and Basic Financial Statements – II. New York State Financial Accounting
… and final cash basis financial plans for the fiscal year as well as actual inflows, outflows, and balances stated … cash flows. Taxes are recognized as revenues in the year in which they are earned. Grants, entitlements, and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4c-cash-and-basic-financial-statementsDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… the $220.5 billion enacted state budget for State Fiscal Year (SFY) 2022-23, according to an analysis released today … some of the new spending will be temporary, much of the year-over-year growth will be for new initiatives and more …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetOpen Educational Resources
… estimates that students spend an average of $1,200 per year on books and other supplies. CUNY reported that the cost …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesTown of Chateaugay - Real Property Tax Exemption Administration (2018M-200)
… reductions. The Assessor did not have any documentation on file for four properties receiving eligible funds … take corrective action. Appendix C includes our comments on issues raised in the Town’s response letter. … Determine …
https://www.osc.ny.gov/local-government/audits/town/2019/05/17/town-chateaugay-real-property-tax-exemption-administration-2018m-200City of Long Beach - Budget Review (B19-7-4)
… condition. The City’s initially proposed budget includes a tax levy of $45,092,654 which is $3,218,797 above the limit … adopted a resolution authorizing the City to override the tax levy limit. Key Recommendations Authorize the proposed …
https://www.osc.ny.gov/local-government/audits/city/2019/05/10/city-long-beach-budget-review-b19-7-4DiNapoli Releases Analysis of SFY 2024-25 State Budget
… new funding and policy changes to spur the creation of much needed housing, but the state’s financial outlook … 2024-25 are projected to total $227.2 billion, a decline of $7.3 billion, or 3.1%, from the prior year. The decrease … revenue fund receipts, as well as the expected depletion of funds from the federal American Rescue Plan. In addition, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli Releases January State Cash Report
… $117.3 billion through the first 10 months of the fiscal year, or $1.1 billion below initial projections and $628.5 … but for now our financial position remains strong.” Year-to-date tax collections of $63.3 billion were $4.4 billion, or 7.5 percent, over last year for the same period. Tax receipts were $547.2 million …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-january-state-cash-reportEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
… Purpose To determine the extent of implementation of the three recommendations included in … received from the State Education Department (SED) and the Office of Children and Family Services (OCFS) under grant contracts for the period …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said. “The … growth. The Fund’s diversified asset allocation continued to help generate strong positive returns. The financial … last few years but our investment strategy has allowed us to capitalize on opportunities and minimize risks.” Returns …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the … The Fund's estimated value reflects benefits paid out during the quarter. The Fund ended its first quarter on June 30, 2016 with an overall return of 2 percent and an …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Orders Divestment of Russia Holdings
… and best funded plans in the nation. The Fund's fiscal year ends March 31. Its estimated value as of Dec. 31, 2021 …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdings