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Frewsburg Central School District – Internal Controls Over Selected Financial Activities (2013M-327)
… the establishment, use and maintenance of reserve funds and could not demonstrate the reasonableness of reserve … balances. As a result, two of the District’s reserve funds had balances that totaled $3.19 million in excess of … authorized purposes, and three of the District’s reserve funds had balances that totaled $1 million that were not …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/frewsburg-central-school-district-internal-controls-over-selectedNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 … 31, 2018, the Fund had 36.4 percent of its assets invested in publicly traded domestic equities and 14.9 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: State Tax Receipts and Spending Outpace Division of Budget's Projections Through December
State tax receipts totaled $858 billion through three quarters of the State Fiscal Year SFY 202526 $23 billion higher than estimates released in the Division of Budgets DOB MidYear Update to the Enacted Budget Financial Plan
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-state-tax-receipts-and-spending-outpace-division-budgets-projections-through-decemberComptroller DiNapoli and A.G. Schneiderman Announce Indictment of NYC Councilman Ruben Wills In Public Corruption Scheme
… the indictment of New York City Council Member Ruben Wills for allegedly pocketing both public campaign funds and charitable grant money for personal benefit. Mr. Wills and a member of his family … funds intended to help people were allegedly used instead for shopping trips to high-end stores. Charges such as these …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-and-ag-schneiderman-announce-indictment-nyc-councilman-ruben-wills-publicDiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… (PBCA) and $2.6 billion for the Section 8 Housing Choice Voucher Program (HCV). HCR received an additional $31.7 … also found that the number of areas with low rates of voucher use has increased significantly since 2018. During … to over 76% in SFY 2021-22. In some areas of New York, voucher use fell far short of HUD’s performance threshold, …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisState Comptroller Thomas P. DiNapoli Statement on Executive Budget
… however, as recent years have shown, the financial picture can change rapidly. As the state faces outyear budget gaps … decisions also improve the state’s structural balance. “I remain concerned about the state’s debt burden, one of the … future infrastructure needs. “My office will release a more detailed analysis of the 2024-25 Executive Budget in …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-thomas-p-dinapoli-statement-executive-budgetNew York State Comptroller DiNapoli Statement on New York City's Adopted Budget
… its new service expansions as the temporary federal funds wind down. …
https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-statement-new-york-citys-adopted-budgetExamples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… permission. Sample City Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year … Enterprise Funds Governmental Activities Water and Sewer Parking Facilities Totals Internal Service Funds … 584,396 Utilities 754,107 100,726 854,833 214,812 Repairs and maintenance 747,315 64,617 811,932 1,960,490 Other …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsAwarding and Oversight of Statewide Interoperable Communications Grants (Follow-Up)
… Interoperable Communications Grants (Report 2016-S-90 ). Background Our initial audit report, issued on July 18, … of Statewide Interoperable Communications Grants ( 2016-S-90 ) …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/awarding-and-oversight-statewide-interoperable-communications-grants-followAndover Central School District - Financial Management (2018M-145)
… Adopt budgets that include reasonable estimates for appropriations and the amount of fund balance that will …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/19/andover-central-school-district-financial-management-2018m-145City of Fulton – Fiscal Stress (2013M-310)
… a significant reduction in the City’s unexpended surplus funds from 2010 to 2012. During that period, the unexpended surplus funds remaining at year end declined 84 percent − from … setting forth the reasonable amounts of unexpended surplus funds that the City should maintain. Reduce reliance on fund …
https://www.osc.ny.gov/local-government/audits/city/2013/11/22/city-fulton-fiscal-stress-2013m-310City of Batavia – Business Improvement District (2017M-283)
… for improvements, operation and maintenance costs and other services such as advertising and promoting BID … adequate records to properly account for BID funds. BID charges exceeded the statutory limit for 11 of the past 13 … the manner in which the DMA uses BID funds. Levy BID charges in compliance with the statutory limit. …
https://www.osc.ny.gov/local-government/audits/city/2018/04/06/city-batavia-business-improvement-district-2017m-283Village of Endicott – Budget Review (B4-13-8)
… The Village’s tentative budget complies with the property tax levy limit set by statute. Key Recommendation Address the …
https://www.osc.ny.gov/local-government/audits/village/2013/04/10/village-endicott-budget-review-b4-13-8Wyoming Central School District – Financial Management (2016M-67)
… Background The Wyoming Central School District is located in the Town of Bethany in Genesee County and the Towns of Attica, Covington, … is in compliance with the statutory limit and develop a plan to use excess funds in a manner than benefits District …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/wyoming-central-school-district-financial-management-2016m-67Valhalla Union Free School District – Financial Condition (2015M-333)
… through September 30, 2015. Background The Valhalla Union Free School District serves parts of the Towns of Greenburgh, … Valhalla Union Free School District Financial Condition 2015M333 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/25/valhalla-union-free-school-district-financial-condition-2015m-333Village of Morris – Fund Balance (2017M-58)
… by an elected three-member Village Board. General fund and water fund budgeted appropriations for 2016-17 were $477,785 … $338,000, or 159 percent of actual expenditures, and the water fund balance increased by 58 percent to $238,700, or … (an annual average of 59 percent). In both the general and water funds, the contingency budget line exceeded the maximum …
https://www.osc.ny.gov/local-government/audits/village/2017/06/09/village-morris-fund-balance-2017m-58Owego Apalachin Central School District – Capital Project and Financial Condition (2014M-109)
… Purpose of Audit The purpose of our audit was to examine certain District financial activities for the … lack of available complete information and the necessity to compile information from a variety of sources. The Board … is facing certain unknowns and restrictions and may need to use moneys from the reserve funds or unexpended surplus …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/22/owego-apalachin-central-school-district-capital-project-and-financialTown of Wales – Financial Management (2017M-32)
… rationale used to determine the appropriate funding level, how each reserve will be funded and when the balances …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-wales-financial-management-2017m-32Floral Park-Bellerose Union Free School District – Financial Management (2013M-359)
… officials to make it appear that they were in compliance with the 4 percent statutory limit, when in fact, they were …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/14/floral-park-bellerose-union-free-school-district-financial-managementVillage of Pomona – Financial Condition (2015M-272)
… Purpose of Audit The purpose of our audit was to examine the Village’s financial condition … June 1, 2014 through July 10, 2015. Background The Village of Pomona is located in the Towns of Haverstraw and Ramapo in … Village of Pomona Financial Condition 2015M272 …
https://www.osc.ny.gov/local-government/audits/village/2015/12/31/village-pomona-financial-condition-2015m-272