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Town of Ephratah – Accounting Records and Reports (2022M-138)

Determine whether the Town of Ephratah Town Town Supervisor Supervisor maintained complete accurate and timely financial records and reports

https://www.osc.ny.gov/local-government/audits/town/2022/12/02/town-ephratah-accounting-records-and-reports-2022m-138

Town of North Collins – Supervisor’s Records and Reports (2015M-99)

… 20, 2015. Background The Town of North Collins is located in Erie County and has a population of approximately 3,500. … including cash and fund balance accounts, during 2012 in an attempt to correct errors. As a result, improper … Recommendations Ensure that accounting records are kept in an accurate and complete manner and support annual and …

https://www.osc.ny.gov/local-government/audits/town/2015/09/04/town-north-collins-supervisors-records-and-reports-2015m-99

West Albany Fire District – Credit Card Purchases (2017M-15)

… 1, 2015 through December 31, 2016. Background The West Albany Fire District is a district corporation of the State, distinct and separate from the Town of Colonie in Albany County. The District is governed by an elected … West Albany Fire District Credit Card Purchases 2017M15 …

https://www.osc.ny.gov/local-government/audits/fire-district/2017/03/31/west-albany-fire-district-credit-card-purchases-2017m-15

Town of Wolcott – Financial Management (2020M-131)

… the Town Board (Board) effectively managed the Town of Wolcott’s (Town) financial condition. Key Findings The … financial condition, did not have a clear understanding of the laws governing the finances of the general fund tax bases and did not have an … whether the Town Board Board effectively managed the Town of Wolcotts Town financial condition …

https://www.osc.ny.gov/local-government/audits/town/2021/06/11/town-wolcott-financial-management-2020m-131

Genesee Valley Board of Cooperative Educational Services – Reserve Funds (2022M-39)

… restricted funds that could have been refunded to school districts. Overfunded two reserves totaling $1.9 … districts that may have been used in a more beneficial way for respective taxpayers. Key Recommendations Adopt a … written reserve fund policy. Review all reserve balances to determine whether the amounts reserved are necessary and …

https://www.osc.ny.gov/local-government/audits/boces/2022/07/08/genesee-valley-board-cooperative-educational-services-reserve-funds-2022m-39

Village of Brushton – Fiscal Oversight (2014M-235)

… 30, 2014. Background The Village of Brushton is located in the Town of Moira in Franklin County and has a population of approximately 475. … files the Village’s annual financial reports with OSC in a timely manner. Disburse payments for claims only after …

https://www.osc.ny.gov/local-government/audits/village/2014/11/21/village-brushton-fiscal-oversight-2014m-235

Southern Cayuga Central School District – Financial Condition (2020M-77)

… operating surpluses and did not use about $1.1 million in appropriated fund balance. As of June 30, 2019, … comply with the statutory limit and use the excess funds in a manner more beneficial to taxpayers. Develop … action. Appendix B includes our comments on issues raised in the District’s response letter. …

https://www.osc.ny.gov/local-government/audits/school-district/2020/11/06/southern-cayuga-central-school-district-financial-condition-2020m-77

Dalton-Nunda Central School District – Financial Management (2020M-92)

… limit on surplus fund balance by making $7.8 million in unbudgeted year-end transfers to reserves and appropriating $900,000 in fund balance that was not used. As of June 30, 2019, … Review and fund reserve balances to reasonable levels in accordance with applicable statutes and a Board-approved …

https://www.osc.ny.gov/local-government/audits/school-district/2020/10/16/dalton-nunda-central-school-district-financial-management-2020m-92

East Irondequoit Central School District - Financial Management (2019M-28)

… finances by adopting realistic budgets and ensuring fund balance remained within statutory limits. Key Findings … officials circumvented the statutory limit on surplus fund balance by not using $3.7 million in appropriated fund balance as a financing source, improperly booking $3.6 …

https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28

Town of Chili - Financial Management and Cash Receipts (2019M-167)

… The Board could improve its budgeting and management of fund balance and reserves. The Board: Adopted unrealistic … capital plan or detailed reserve plan that included the need and optimal funding level for each reserve. Town … our comments on issues raised in the Town’s response letter. …

https://www.osc.ny.gov/local-government/audits/town/2019/12/20/town-chili-financial-management-and-cash-receipts-2019m-167

DiNapoli Announces Sale of $916 Million State of New York General Obligation Refunding Bonds

… today announced the details of the upcoming competitive sale scheduled for October 28 of State of New York General Obligation Refunding Bonds, totaling $916 … today announced the details of the upcoming competitive sale scheduled for October 28 of State of New York General …

https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-916-million-state-new-york-general-obligation-refunding-bonds

Town of Edinburg – Justice Court Operations (2014M-226)

… 243 cases during the audit period to the Office of the State Comptroller’s Justice Court Fund (JCF). Key Findings …

https://www.osc.ny.gov/local-government/audits/justice-court/2014/11/14/town-edinburg-justice-court-operations-2014m-226

Examples from GASB Statement 34 - Statement of Net Assets

… Governmental Accounting Standards Board, 401 Merritt 7, Norwalk, CT 06856 are reprinted by permission. Sample City …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-net-assets

Town of Hammond – Town Clerk Operations (2014M-350)

… audit was to review the Town Clerk's financial operations for the period January 1, 2013 through April 30, 2014. … received and did not always issue duplicate receipts for tax collections. The Clerk did not perform bank … audit was to review the Town Clerks financial operations for the period January 1 2013 through April 30 2014 …

https://www.osc.ny.gov/local-government/audits/town/2015/03/27/town-hammond-town-clerk-operations-2014m-350

Town of Goshen – Police Payroll (2014M-244)

… controls over the Town’s police payroll processing for the period January 1, 2012 through April 7, 2014. … an elected five-member Town Board. Budgeted appropriations for 2014 were approximately $10.3 million, of which about $1.2 million was for police protection. Key Findings Police Department members …

https://www.osc.ny.gov/local-government/audits/town/2015/01/23/town-goshen-police-payroll-2014m-244

State Agencies Bulletin No. 1492

… eligibility be reported timely and accurately. As a result, the Date of Birth field will now be a required … Coverage” field, then the message “Field is required. (15, 8)” will appear. To compute the date eligible, refer to … the second new field then the message “Field is required. (15, 8)” will appear on the NHRP574 Error Transactions report. …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1492-new-employer-federal-reporting-guidelines-affordable-care-act-and-nys

SUNY Bulletin No. SU-254

… to all employment and income taxes. Federal, State and New York City income tax withholding will be calculated using …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-254-suny-discretionary-lump-sum-payments-dlp-and-dls-fall-2017

Cost-Saving Ideas: Capital Planning for Local Governments and School Districts

… a long-term plan. The plan should address how you monitor and maintain assets and how much you can spend within your budget. By developing a structured approach for assessing and funding capital assets, you can help avoid the … CostSaving Ideas Capital Planning for Local Governments and School Districts …

https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-capital-planning-local-governments-and-school-districts