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Bemus Point Central School District - Financial Management (2019M-216)
… in its trust and agency fund. As of June 30, 2019, surplus fund balance totaled $708,000 and was 4.5 percent of … improperly restricted money to the general fund. Reduce surplus fund balance to comply with the statutory limit and use the excess funds in a manner beneficial to taxpayers. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/14/bemus-point-central-school-district-financial-management-2019m-216Town of Dayton – Financial Condition (2013M-90)
… action to maintain financial stability. As a result, the highway town-wide fund has a deficit and the general and highway town-outside-village funds have unexpended surplus … the accounting records to properly reflect the amount the highway town-wide fund owes the highway town-outside-village …
https://www.osc.ny.gov/local-government/audits/town/2013/08/14/town-dayton-financial-condition-2013m-90Review of the Financial Plan of the City of New York - June 2011
New York City’s May 2011 financial plan projects a surplus of $3.2 billion for FY 2011.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2012.pdfTown of Ira – Financial Management (2014M-280)
… the Town’s financial management and budgeting practices for the period January 1, 2013 through November 13, 2014. … Village of Cato in its boundaries. Budgeted appropriations for 2014 totaled approximately $1.1 million. Key Findings The … budgets with realistic estimates of anticipated revenues for the Town’s operating funds and use the unexpended fund …
https://www.osc.ny.gov/local-government/audits/town/2015/02/27/town-ira-financial-management-2014m-280II.2 New York State Accounting Policies – II. New York State Financial Accounting
… be required: (1) to audit all vouchers before payment and all official accounts; (2) to audit the accrual and collection of all revenues and receipts; and (3) to prescribe such methods of accounting … shall be required 1 to audit all vouchers before payment and all official accounts 2 to audit the accrual and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii2-new-york-state-accounting-policiesPine Bush Central School District – Budgeting Practices and Transportation Cost Savings (2012M-238)
… The purpose of our audit was to examine the District’s fund balance and identify opportunities for cost savings in … expenditures for the 2011-12 fiscal year were $94.6 million, which were funded primarily with State aid and real … overestimated expenditures in the District’s annual budget. Total expenditures were overestimated by …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/08/pine-bush-central-school-district-budgeting-practices-and-transportationDiNapoli: New York City's Finances on Solid Footing
… exceeded the average length of all recoveries since World War II. The city expects that ongoing litigation … the industry got off to a good start in the first quarter this year with profits of $5.3 billion despite litigation …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-citys-finances-solid-footingTown of Wawayanda – Financial Management and Information Technology (2013M-260)
… surplus fund balance. The Board has not adopted a breach notification policy, a disaster recovery plan, or a … multi-year financial and capital plan. Adopt a breach notification policy and a comprehensive disaster … guidelines for the protection of private and essential data. Exercise the practice of least privilege and only grant …
https://www.osc.ny.gov/local-government/audits/town/2013/11/29/town-wawayanda-financial-management-and-information-technology-2013m-260Town of Babylon – Financial Condition and Internal Controls Over Selected Town Operations (2013M-115)
… Purpose of Audit The purpose of our audit was to examine the Town’s financial condition and internal … 2011, the general fund’s results of operations aggregated to net operating deficits of $8.9 million, mainly due to over-estimation of certain revenues in adopted budgets. …
https://www.osc.ny.gov/local-government/audits/town/2013/11/22/town-babylon-financial-condition-and-internal-controls-over-selected-town-operationsState Comptroller DiNapoli Releases School District Audits
… were maximized. Tuxedo Union Free School District – Payroll and Leave Accruals (Orange County) District officials did not ensure employees’ payroll payments and leave accruals were accurate, properly … potentially overpaid) 30 employees a total of $113,564 in payroll and leave accrual payments, including $47,673 in …
https://www.osc.ny.gov/press/releases/2022/09/state-comptroller-dinapoli-releases-school-district-auditsNorth Bellmore Union Free School District – Financial Condition (2014M-47)
… The North Bellmore Union Free School District is located in the Towns of Hempstead in Nassau County. The District is governed by an elected … The Board significantly overestimated appropriations in its adopted budgets and consistently appropriated funds …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/north-bellmore-union-free-school-district-financial-condition-2014m-47Unclaimed Property Relating to Museum and Military Property
The New York State Comptroller’s Office of Unclaimed Funds maintains a list of certain properties that have been left in museums, historical societies, zoologic
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/museum-and-military-property.pdfState Comptroller DiNapoli Releases Municipal & School Audits
… four fiscal years and the current AFR was overdue as of Aug. 9, 2024. The clerk-treasurers also did not file payroll …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… (Erie County) The board and district officials did not properly manage fund balance and reserve accounts. The … appropriations from 2020-21 through 2022-23 by a total of $13.1 million and appropriated nearly $6.7 million of fund … balances totaling $10 million. Orleans County – Court and Trust Funds Pursuant to a court order, certain assets may be …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-audits-1Grahamsville Fire District – Internal Controls Over Financial Operations (2013M-117)
… and separate from the Town of Neversink, and located in Sullivan County. The Board of Fire Commissioners consists … requirements. Use the unexpended surplus fund balance in a manner that benefits District taxpayers. Ensure that reserve funds are established, funded and used in accordance with all related statutory provisions. …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/09/grahamsville-fire-district-internal-controls-over-financial-operationsQuogue Union Free School District – Financial Condition and Cash Receipts (2013M-274)
… Purpose of Audit The purpose of our audit was to examine the Districts controls over its budgeting … fund amounts are within statutory limits. Develop a plan to use the surplus fund balance identified in this report in …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/13/quogue-union-free-school-district-financial-condition-and-cash-receiptsDiNapoli Op-Ed in Crain's New York Business
… transparency and accountability in budgeting for the use of federal relief funds. The full op-ed is below: What Are … robust tax revenue growth and an unprecedented infusion of federal money. Federal aid stabilized state finances, … should be targeted for programs that alleviate the pains of the pandemic and improve the lives of all New Yorkers. …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-businessComptroller DiNapoli Releases Municipal Audits
… caused substantial financial decline in both the water and sewer funds. The board also adopted budgets that appropriated … rate increases of approximately 5 percent in water and sewer rents because the revenues generated have not been …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-2Mount Sinai Fire District - Financial Condition and Price Quotations for Purchases (2019M-83)
… Recommendations Adopt financial plans for the maintenance of a reasonable level of fund balance, the funding and use of reserves and a multiyear financial plan. Adopt budgets …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/23/mount-sinai-fire-district-financial-condition-and-price-quotationsCooperstown Central School District – Financial Management (2024M-65)
… Determine whether the Cooperstown Central School District (District) Board of Education (Board) and District officials properly managed the District’s fund … Determine whether the Cooperstown Central School District District Board of Education Board and District …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/cooperstown-central-school-district-financial-management-2024m-65