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Naples Central School District – Online Banking (2015M-143)
… Purpose of Audit The purpose of our audit was to evaluate internal controls … 16, 2015. Background The Naples Central School District is located in the Towns of Bristol, Canadice, Canandaigua, … advises the Treasurer and Business Manager by email or text every time an online transaction occurs. … Naples …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/11/naples-central-school-district-online-banking-2015m-143Town of Worcester – Claims Audit (2022M-145)
… complete report – pdf ] Audit Objective Determine whether the Town of Worcester (Town) Town Board (Board) effectively … were made for unsupported and/or improper claims and not in the best interest of the taxpayers. In our sample of 199 claims totaling $824,330, 166 claims …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-worcester-claims-audit-2022m-145Brighton Central School District – Procurement (2022M-205)
… officials used vendors that were granted awards from group purchasing organization contracts. However, officials …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/02/brighton-central-school-district-procurement-2022m-205Lynbrook Union Free School District – Purchasing (2022M-17)
… complete report - pdf ] Audit Objective Determine whether the Lynbrook Union Free School District (District) purchasing agent ensured staff followed the District’s purchasing policy for goods and services not … whether the purchases were a prudent and economical use of taxpayer money, and in the District’s best interest. For …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/08/lynbrook-union-free-school-district-purchasing-2022m-17Town of Sanford – Claims Audit Process (2021M-189)
… law. Ensure all claims requiring Board audit are presented to the Board, and only audited and approved claims are listed … abstracts of audited claims. Periodically compare prices to State contracts and contracts bid by other governments to help ensure purchases are cost effective and in the best …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189Fonda-Fultonville Central School District – Reserves Management (2021M-157)
… report - pdf ] Audit Objective Determine whether the Board of Education (Board) properly managed reserve funds. Key … and develop a written plan for future funding and use of reserve funds and ensure amounts are necessary and … to the appropriate remedy for addressing improper funding of and transfer of funds from reserves. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157Town of Owasco – Financial Management and Procurement (2021M-70)
… services and playground equipment were procured in a manner to ensure the prudent and economical use of public money in the best interests of the taxpayers. Key Findings The … Board did not: Adopt an adequate reserve policy, resulting in the unrestricted general fund balance increasing to an …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70South Butler Fire District – Board Oversight of Financial Operations (2020M-155)
… whether the South Butler Fire District (District) Board of Fire Commissioners (Board) provided adequate oversight of the District’s financial operations. Key Findings The Board did not provide adequate oversight of the District’s financial operations and did not adopt or …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/30/south-butler-fire-district-board-oversight-financial-operations-2020m-155Village of Unadilla – Procurement (2022M-182)
… obtained the most favorable terms and conditions in the best interest of its taxpayers. Competition was not sought …
https://www.osc.ny.gov/local-government/audits/village/2024/04/26/village-unadilla-procurement-2022m-182North Syracuse Central School District – Professional Services (2022M-34)
… professional services and entered into written agreements with service providers. Key Findings Although District officials entered into written agreements with the 15 professional service providers we reviewed, they did not always seek competition for professional services in …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34Town of Oxford – Procurement (2024M-88)
… obtained the most favorable terms and conditions in the best interests of its taxpayers. Recommendations The audit …
https://www.osc.ny.gov/local-government/audits/town/2024/11/22/town-oxford-procurement-2024m-88Revenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… cash management assures that investments are optimized for the best possible return for taxpayers. We strongly … and other balances that could be invested longer term in investments allowable by law. Accelerate Collection and … for the collection of receipts, such as property taxes, so that payments can be made directly to your local …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… Mobil Corp., after a review of the companies’ readiness to transition to a low-carbon economy, State Comptroller Thomas P. … is an increasingly urgent risk facing all investors, and I am determined to protect the state’s pension fund by …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… New York State Comptroller Thomas P. DiNapoli and Trillium Asset Management today announced that they have … to revise its Governance Guidelines to include gender and racial diversity among the qualities its seeks in its board members. When DiNapoli and Trillium filed their proposal, eBay had just one woman on …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersSelected Aspects of Accommodations for Passengers With Disabilities (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Selected Aspects of … ( 2019-S-41 ). Background The PANYNJ was established in 1921 as an interstate public entity created to control the … of five airports, an interstate rail system, three bus terminals, and three cruise terminals serve the …
https://www.osc.ny.gov/state-agencies/audits/2023/05/12/selected-aspects-accommodations-passengers-disabilities-followState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private Equity … companies seeking capital for growth, to refinance ownership or for early stage investment. The program has … previously operating as HSBC Capital, has invested over $1 billion and completed over 80 transactions. With offices in …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… not demonstrated that they are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. DiNapoli, trustee of the third largest public pension plan in the … to a lowcarbon economy State Comptroller DiNapoli trustee of the third largest public pension plan in the …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesOversight of Shelter Placements
… Objective To determine whether the New York City Department of Homeless Services is … placing clients into shelters or facilities that have the necessary services and supervision. The audit covered the period from January 2018 through …
https://www.osc.ny.gov/state-agencies/audits/2022/12/01/oversight-shelter-placementsDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State … becoming a reality and companies that aren’t prepared for it could pay a heavy financial cost,” DiNapoli said. … in 2007, DiNapoli has been recognized as a global leader for his efforts to protect the Fund’s investments, address …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasXI.8.A Centralized Contracts – XI. Procurement and Contract Management
… contracts are created by OGS in the Statewide Financial System (SFS) using the Corporate Contract functionality. … and procurement record documents to OSC through the Electronic Document Submission System (EDSS). EBP Electronic – Lowest Price (IFB) EBV Electronic – Best Value …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8a-centralized-contracts