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Sayville Union Free School District – Financial Condition and Cellular Telephones (2015M-86)
… students. Budgeted appropriations for the 2014-15 fiscal year were about $90 million. Key Findings The District …
https://www.osc.ny.gov/local-government/audits/school-district/2015/08/14/sayville-union-free-school-district-financial-condition-and-cellularHarpursville Central School District – Financial Management (2013M-261)
… during this period. As a result, the unexpended surplus funds exceeded the statutory maximum of 4 percent of the … 21 percent to 33 percent. The District has four reserve funds with excessive balances. Key Recommendations Ensure … taxpayers. Review all reserve balances and transfer excess funds to unrestricted fund … Harpursville Central School …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/03/harpursville-central-school-district-financial-management-2013m-261Lancaster Central School District – Financial Condition (2016M-101)
… Purpose of Audit The purpose of our audit was to review the District’s … The written policy for reserves does not address how the suitable balance for each of the reserves will be … balances will be used and replenished to finance related costs. … Lancaster Central School District Financial …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/lancaster-central-school-district-financial-condition-2016m-101Pembroke Central School District - Investment Program (2023M-130)
… which had an average of $13.4 million available for investing. Had officials considered other legally … a comprehensive investment program with written procedures for the investment of District funds. Prepare monthly cash flow forecasts to estimate funds available for investment. Monitor investments. Formally solicit …
https://www.osc.ny.gov/local-government/audits/school-district/2024/04/19/pembroke-central-school-district-investment-program-2023m-130DiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the … said. “Fortunately, our diverse portfolio is built on long-term sustainable investments that can weather such … retirement and death benefits of $4.2 billion paid out during the quarter. Its estimated value was $267.7 …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterDiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… end of the second quarter of state fiscal year 2024-25. For the three-month period ending Sept. 30, 2024, Fund …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarterOpinion 2000-2
… A village, by resolution, may provide for bands, movies and similar events as part of its recreation, senior … with not-for-profit corporations, theatrical productions, movies and similar presentations or activities. You note … certain entertainment such as a band to play at a dance, movies or similar events (see, e.g., 26 Opns St Comp, 1970, p …
https://www.osc.ny.gov/legal-opinions/opinion-2000-2Internal Controls Over the Governor’s Office of Storm Recovery’s Federally Funded Programs
… audit covered the period April 2017 through December 2022 for the Buyout and Acquisition Program (B&A), April 2017 through January 2023 for the Single-Family Housing Program (SFH), and agency … were accepted into these programs prior to April 2017 but for which activity on the related projects was continuing …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/internal-controls-over-governors-office-storm-recoverys-federally-funded-programsDiNapoli: City of Troy's Finances in Precarious Position
… because of poor budgeting, the overuse of rainy day funds to finance day-to-day operations and insufficient funding for capital costs, … deficits and dangerously low levels of rainy day funds are due to the continued reliance on reserves and non-recurring …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-city-troys-finances-precarious-positionDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… billion spending plan is up $6.5 billion from SFY 2017-18. Total receipts are expected to increase 0.3 percent, or … General Fund reserves will decline to $2.9 billion by SFY 2021-22. Total tax receipts this year are projected at $77.9 … since April 2014, and spent $4.9 billion through March 31. One-time resources such as these funds are most …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansComptroller DiNapoli Releases State Audits
… referees did not always properly report and account for foreclosure funds. A review of 10 of 35 …
https://www.osc.ny.gov/press/releases/2014/01/comptroller-dinapoli-releases-state-auditsState Comptroller DiNapoli Releases Municipal Audits
… the sale of three properties, which officials plan to sell in 2022. However, the board has not developed alternative … record, report and disburse village funds and was arrested in February 2021 and charged with grand larceny, falsifying … business records, forgery, and official misconduct. In December 2021, she pleaded guilty to petit larceny and …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-1NY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… The New York State Common Retirement Fund (Fund) will restrict … With today’s announcement, the Fund will be divesting its corporate bonds and actively managed public equity holdings …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investLehman College – Controls Over Bank Accounts
… as warranted. Transmit all funds due to the State Treasury on a timely basis. Effectively separate the duties …
https://www.osc.ny.gov/state-agencies/audits/2016/04/21/lehman-college-controls-over-bank-accountsDiNapoli: Former Prattsville Town Supervisor Pleads Guilty to Fraud of State Funds
… Carla Freedman; Janeen DiGuiseppi, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation (FBI); John Pias, Special Agent in Charge of the Detroit Field Office, Department of Homeland … (DHS-OIG); and Christina Scaringi, Special Agent in Charge, U.S. Department of Housing and Urban Development, …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-prattsville-town-supervisor-pleads-guilty-fraud-state-fundsDiNapoli: East Ramapo School Budget Hampered By Deficits, Inadequate Rainy Day Funds
… most of these recommendations were not addressed or only partially implemented. “East Ramapo school district … amount of fund balance to address unanticipated needs or to provide necessary cash flow for operations. The … In addition, the district has not properly monitored or adjusted budgeted revenues and expenditures to avoid …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-east-ramapo-school-budget-hampered-deficits-inadequate-rainy-day-fundsProcurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… not sit idly and create an environment where employees report the fact that they are not actually working. … To …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsDiNapoli: Former Potter Town Clerk Pleads Guilty to Theft of Public Funds
… investigation by State Comptroller Thomas P. DiNapoli’s office, Yates County District Attorney Todd Casella’s office … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … Former Town of Potter Clerk Julie Brown pleaded …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-former-potter-town-clerk-pleads-guilty-theft-public-fundsDiNapoli: State Tax Collections Dip
… last year and $454.1 million below projections, according to the June state cash report issued today by State … P. DiNapoli. “Personal income tax collections are off to a slower than expected start. The first quarter of the … may improve going forward, the state should be prepared to take action if revenue remains below estimates.” Total …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipDiNapoli Releases April Cash Report
… rose sharply from the previous year, but the outlook is for more moderate growth in coming months,” DiNapoli said. … totaled $6.7 billion, 25.5 percent higher than last year for the same period, which was $11.6 million lower than … with the federal government to reduce reimbursement rates for spending for people with developmental disabilities. …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-report