Search
DiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… New York State’s Environmental Facilities Corporation (EFC) has … projects remain in the pipeline, according to a report by State Comptroller Thomas P. DiNapoli. “The Environmental … EFC does not report on completed projects and no list is publicly available to track project spending and the …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterState Comptroller DiNapoli Releases School District Audits
… Valley Board of Cooperative Educational Services – Reserve Funds (2022M-39) While the board and BOCES officials properly established reserve funds, they did not transparently fund the reserves or use or maintain reserve funds at reasonable levels. The board and officials used …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-0NYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… New York State Comptroller Thomas P. DiNapoli today announced that … the Paris Agreement's goals. As a result, the New York State Common Retirement Fund's (Fund) has withdrawn the … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsAltmar-Parish-Williamstown Central School District - Financial Condition Management (2018M-258)
… by funding reserves and one-time expenditures and reducing property taxes. At the end of 2017-18, the District exceeded … not being used, and the repair, retirement, insurance and tax certiorari reserves are overfunded. The debt service fund …
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/08/altmar-parish-williamstown-central-school-district-financial-conditionBallston Area Recreation Commission – Board Oversight (2015M-269)
… Findings The Director did not maintain complete records to account for the fees collected from each program. The …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/05/ballston-area-recreation-commission-board-oversight-2015m-269Clyde Fire Company – Controls Over Financial Activity (2015M-072)
… who collected moneys did not maintain records for the funds collected at various fund-raisers. Key Recommendations … membership. Maintain accurate records for the amount of funds that are collected at all fund-raising events. … Clyde …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/08/14/clyde-fire-company-controls-over-financial-activity-2015m-072Grahamsville Fire District – Internal Controls Over Financial Operations (2013M-117)
… properly developed budgets, including using fund balance and reserves to finance operations, for the period January 1, 2012, to March 14, 2013. Background The Grahamsville Fire District is a district corporation of the State, distinct and …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/09/grahamsville-fire-district-internal-controls-over-financial-operationsSalamanca City School District – Financial Management and Payroll (2017M-138)
… officials have not effectively managed four reserve funds with balances totaling approximately $4.1 million. The … amounts reserved are necessary and reasonable. Any excess funds should be transferred to unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/30/salamanca-city-school-district-financial-management-and-payroll-2017m-138Port Chester-Rye Union Free School District – Financial Condition (2015M-147)
… District’s reserves were funded by transfers of surplus funds at year-end rather than through appropriations in … that could reasonably be paid for using existing reserve funds. Include planned transfers to reserves as …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/25/port-chester-rye-union-free-school-district-financial-condition-2015m-147Monticello Central School District – Budgeting (2014M-97)
… and continues to grow. Some of the District’s reserve funds are funded at levels higher than necessary. Key … reserves, review all reserve balances and transfer excess funds to unrestricted fund balance or other reserves in …
https://www.osc.ny.gov/local-government/audits/school-district/2014/09/05/monticello-central-school-district-budgeting-2014m-97Warsaw Central School District – Financial Management (2016M-278)
… reserved are necessary and reasonably funded. Any excess funds should be transferred to unrestricted fund balance … with statutory directives. Use available debt reserve funds to pay debt service principal and interest. … Warsaw …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/16/warsaw-central-school-district-financial-management-2016m-278Town of Guilford – Budgeting (2023M-144)
… in unrestricted fund balance in the general and highway funds that exceeded the Town’s fund balance policy (policy) … Unrestricted fund balance for the general and highway funds exceeded the maximum allowable limit, per the Town’s …
https://www.osc.ny.gov/local-government/audits/town/2024/03/08/town-guilford-budgeting-2023m-144Alexandria Central School District – Financial Condition (2016M-5)
… the past three years. The District maintained reserve funds but had no plans for their use. Key Recommendations … targeted funding levels and the conditions under which the funds will be used. … Alexandria Central School District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/25/alexandria-central-school-district-financial-condition-2016m-5Groton Central School District – Financial Management (2014M-288)
… Purpose of Audit The purpose of our audit was to examine the District’s financial activities for the period … that benefits taxpayers. Transfer excess reserve funds to unassigned fund balance, where allowed by law, or to other reserves established and maintained in compliance …
https://www.osc.ny.gov/local-government/audits/school-district/2015/01/09/groton-central-school-district-financial-management-2014m-288Broome-Delaware-Tioga Board of Cooperative Educational Services – Capital Planning (2023M-1)
… adequate capital planning, BOCES officials are limited in their ability to set long-term priorities. As a result, …
https://www.osc.ny.gov/local-government/audits/boces/2023/06/16/broome-delaware-tioga-board-cooperative-educational-services-capital-planning-2023mXI.12.D Closing Contracts – XI. Procurement and Contract Management
… contracts in a timely fashion by disencumbering excess funds and processing retainage, if applicable (see Section … State agencies may free up remaining pre-encumbered funds, prior to OSC closing the contract, by reducing …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsTown of Columbus – Budget Development Practices (2012M-225)
… August 1, 2012. Background The Town of Columbus is located in Chenango County. An elected five-member Town Board, … While the Board continued to under-budget revenues in fiscal year 2012, its adopted budget for 2013 is more … the amount of unrestricted, unappropriated surplus funds in a manner that benefits Town taxpayers. Continue to …
https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-columbus-budget-development-practices-2012m-225Investment Advisory Committee
… by the Comptroller pursuant to Section 423 of the New York State Retirement and Social Security Law. The Investment …
https://www.osc.ny.gov/common-retirement-fund/resources/investment-advisory-committeeState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … may not be detected or corrected. For access to state and local government spending and more than 50,000 …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-municipal-audits-0VII.2.C Direct Journal Payment & Payment Worksheet - Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… all checks, money orders, etc. and a printout of the SFS Regular Deposit screen, showing Business Unit, Deposit ID and … check, submit only the check and a printout of the SFS Regular Deposit screen. For a deposit associated with …
https://www.osc.ny.gov/state-agencies/chapter-vii/vii2c-direct-journal-payment-payment-worksheet-treasury-requirements