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Comptroller DiNapoli Releases Municipal Audits
… today announced his office completed audits of the Malta Ridge Volunteer Fire Company , Schenectady Municipal Housing … is being spent appropriately and effectively.” Malta Ridge Volunteer Fire Company, Inc. – Controls Over Financial … today announced his office completed audits of the Malta Ridge Volunteer Fire Company Schenectady Municipal Housing …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Alexandria Clerk Charged In Theft of Town Fees
… clerk of the town of Alexandria was arrested today for grand larceny related to the missing $36,742 in public funds … Ellen S. Peck, 64, of Alexandria Bay, was charged with grand larceny in the third degree in Clayton Town Court. Her … clerk of the town of Alexandria was arrested today for grand larceny related to the missing $36742 in public funds …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-alexandria-clerk-charged-theft-town-feesDiNapoli: June Tax Receipts Down 17.3% From Last Year
… payments in response to fiscal uncertainty. All eyes are on Washington. New York and its localities badly need more …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-june-tax-receipts-down-173-last-yearCooperstown Central School District – Financial Management (2024M-65)
… $3.2 million. Appropriating fund balance that is not needed artificially reduces the amount of surplus fund … limit, giving the appearance that surplus fund balance is closer to the statutory limit. Improperly held $500,000 … in line with the statutory limit; however, we determined it exceeded the statutory limit by $2.3 million when …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/cooperstown-central-school-district-financial-management-2024m-65Town of Altona – Apparent Misappropriations of Cash Receipts and Supervisor’s Records and Reports (2013M-282)
… 2009 through May 31, 2013. Background The Town of Altona is located in Clinton County and has a population of … Town’s recordkeeping, reporting and management oversight facilitated the apparent misappropriation of funds. The Town …
https://www.osc.ny.gov/local-government/audits/town/2014/05/15/town-altona-apparent-misappropriations-cash-receipts-and-supervisors-records-andNewfield Central School District – Financial Condition (2013M-238)
… The purpose of our audit was to evaluate the District’s financial activities for the period July 1, 2011 to May 22, … which comprises seven elected members. The District’s budgeted expenditures for the 2013-14 fiscal year are $17.6 … and reserved fund balances to finance operations, the positive variances between their budgets and actual results …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/newfield-central-school-district-financial-condition-2013m-238Baldwinsville Central School District – Financial Management (2016M-65)
… The Baldwinsville Central School District is located in the Towns of Clay, Lysander and Van Buren in Onondaga County. The District, which operates eight … be overfunded or unwarranted. The District does not have a multiyear financial plan. Key Recommendations Develop …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/baldwinsville-central-school-district-financial-management-2016m-65Village of Avon - Board Oversights and Professional Services (2018M-30)
… oversight. Determine if the Village obtained proposals and executed and monitored contracts for professional services. Key … The Treasurer inaccurately recorded capital reserves and operating fund expenditures and the Board inappropriately … Village of Avon Board Oversights and Professional Services 2018M30 …
https://www.osc.ny.gov/local-government/audits/village/2018/05/18/village-avon-board-oversights-and-professional-services-2018m-30DiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… for school aid and other factors. General Fund Closing Balance and Reserves The Financial Plan projects the General Fund will end the year with a $7.2 billion balance, compared to $16.6 billion as of Dec. 31, due, in … earlier in the year. In SFY 2021-22, the General Fund balance is expected to decline to $5.7 billion by the end of …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetDiNapoli: Governor Cuomo's Proposed Budget Continues Fiscal Progress
… million to $21.9 billion on a school year basis, for the first time reaching and surpassing the previous historical … for many schools in recent years; Proposes reforms to preschool special education funding. Such reforms are … in 2018. DiNapoli’s report notes the budget makes positive steps towards improved accountability by giving voters a say …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-governor-cuomos-proposed-budget-continues-fiscal-progressFar Rockaway Pre-School Provider "Investor" Pleads Guilty in Theft of Education Funds Intended for Special Needs Students
… investor in Island Child Development Center, once one of New York City’s largest providers of special education … to preschoolers with disabilities, has pleaded guilty for his participation in a scheme that stole millions of … funding between 2005 and 2012 – money that was intended for special needs students between ages three and five. "More …
https://www.osc.ny.gov/press/releases/2017/04/far-rockaway-pre-school-provider-investor-pleads-guilty-theft-education-funds-intended-special-needsXI.2.H Multiyear Contracts – XI. Procurement and Contract Management
… must be able to reasonably predict the total contract amount for the entire contract term and must reconcile the total contract amount in the final year. Delaying a new procurement cycle with contract terms exceeding five years may only occur in limited circumstances with OSC concurrence. If …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2h-multiyear-contractsNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… resulted in New York having a positive balance of payments with Washington, with the state ranking 42 nd in federal fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. … resulted in New York having a positive balance of payments with Washington with the state ranking 42nd in federal fiscal …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesFormer Treasurer of Putnam Engine & Hose Co. of the Port Chester Volunteer Fire Dept. Pleads Guilty to Embezzling More Than $38,000
… Co. No. 2 ("Putnam Engine and Hose"), a unit of the Port Chester Volunteer Fire Department, for embezzlement of more … been stolen from the bank accounts. Gerardi, 62, of Port Chester, New York, pled guilty to one count of theft …
https://www.osc.ny.gov/press/releases/2018/12/former-treasurer-putnam-engine-hose-co-port-chester-volunteer-fire-dept-pleads-guilty-embezzling-moreDiNapoli: Audit Reveals Theft of Cash, Questionable Spending by Minetto Volunteer Fire Dept. Chief
… in Oswego County spent nearly $6,000 in public funds on personal purchases such as guns and motorcycle parts, … “This individual had keys to the cash register and went on a spending spree with the fire company’s money,” said … prior to payment; Limit the number of signatories on the company’s checking account to reduce access to company …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-theft-cash-questionable-spending-minetto-volunteer-fire-dept-chiefDiNapoli: Jury Convicts Councilman Ruben Wills in Public Corruption Scheme
… State Comptroller Thomas P. DiNapoli said. "Thanks to the work of my staff and our partnership with Attorney General … public corruption and holding public officials accountable for misuse of public resources." "Ruben Wills' crimes were a … services, and that the money was instead redirected to a non-profit corporation called NY 4 Life, which Wills …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-jury-convicts-councilman-ruben-wills-public-corruption-schemeDiNapoli: Metro North and LIRR Lax in Monitoring Overtime Paid For With Federal Stimulus Funds
… overtime. For example, on Sept. 12, 2010, a track foreman claimed 24 consecutive overtime hours, an assistant track supervisor claimed 20.5 consecutive overtime hours while another track foreman claimed 18.5 consecutive hours on the same day. This was …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-metro-north-and-lirr-lax-monitoring-overtime-paid-federal-stimulus-fundsDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… this joint effort, one more person who believed they could game the system has been caught and will be prosecuted.” “For … who had worked for the State Insurance Fund from 1985 until her retirement in 2005. She subsequently moved to … NYSLRS and SSA continued to deposit funds into the account until early 2021. Smith knew exactly when those benefits …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsRevenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… financial management information system or online banking to track daily cash balances. Perform a detailed cash flow … timing when formulating the budget. Review historical data to determine typical cash inflows and outflows throughout the … the frequency of billing (for example, from semiannual to quarterly), but first perform an analysis to ensure that …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… in public housing have not yet received funds from it and rental burdens for low-income New Yorkers remain high, … As of May 2023, the federal- and state-funded Emergency Rental Assistance Program (ERAP) distributed nearly $3.1 … to new applications in January 2023. The state’s enacted budget includes $356 million for households with existing …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-start