Search

Sherrill City School District – Reserve Funds (2017M-247)

… reserve funds and maintained them at reasonable levels for the period July 1, 2015 through July 31, 2017. Background The Sherrill City School District is located in the Cities of Rome and Sherrill and the Towns of Kirkland, … of each reserve, optimal funding levels and conditions under which the reserves will be used. Use the surplus funds …

https://www.osc.ny.gov/local-government/audits/school-district/2018/02/02/sherrill-city-school-district-reserve-funds-2017m-247

Fillmore Central School District – Reserve Funds (2016M-386)

… Purpose of Audit The purpose of our audit was to evaluate the District’s reservation of fund balance for … $14.8 million. Key Findings District officials were unable to provide evidence showing that they documented the … payments. The District’s 2015-16 report on reserves did not include the dates the reserves were established, amounts …

https://www.osc.ny.gov/local-government/audits/school-district/2017/01/06/fillmore-central-school-district-reserve-funds-2016m-386

Washingtonville Central School District – Reserve Funds (2014M-45)

Washingtonville Central School District Reserve Funds 2014M45

https://www.osc.ny.gov/local-government/audits/school-district/2014/06/06/washingtonville-central-school-district-reserve-funds-2014m-45

Medina Central School District – Reserve Funds (2014M-155)

… Audit The purpose of our audit was to examine the District’s reserve funds and selected financial management practices … Medina Central School District is located in the Towns of Shelby and Ridgeway in Orleans County and is governed by an …

https://www.osc.ny.gov/local-government/audits/school-district/2014/08/22/medina-central-school-district-reserve-funds-2014m-155

Nanticoke Volunteer Fire Department – Misappropriation of Funds (2015M-3)

… organization which was located in the Towns of Nanticoke and Lisle in Broome County. The Department, which was … contracted with the Towns to provide fire protection and emergency services. Budgeted appropriations for 2015 were … and membership did not review bank statement activity. No one ensured that cash receipts were properly recorded or that …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2016/03/25/nanticoke-volunteer-fire-department-misappropriation-funds

Unclaimed Property Relating to Sales Finance Companies and Insurance Premium Finance Agencies

Unclaimed property subject to Section 1313 of the Abandoned Property Law includes any amounts held or owing by a company or agency payable to a person or entity

https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/sales-finance-companies.pdf

Management of Selected Special Revenue Funds

… Funds are raised primarily through the sale of distinctive license plates in support of the specific causes. More … begun to benefit from a voluntary $1 donation check-off on license applications. As the statutorily designated … statutes. As the following chart shows, the distinctive license plates and license application check-off box have …

https://www.osc.ny.gov/state-agencies/audits/2016/08/02/management-selected-special-revenue-funds

2023 Annual Cash Basis Report on State Funds

https://www.osc.ny.gov/files/reports/finance/cash-basis/pdf/cash-basis-annual-2023.pdf

Fort Hunter Fire District – Capital Reserve Funds (2022M-202)

audit, Fort Hunter, fire district, capital reserve funds

https://www.osc.ny.gov/files/local-government/audits/2023/pdf/fort-hunter-fire-district-2022-202.pdf

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

… policy provides transparency and defines the purpose for each reserve, optimal funding levels, and conditions … districts that may have been used in a more beneficial way for respective taxpayers. Key Recommendations Adopt a …

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

Schodack Central School District - Extra-Classroom Activities (2019M-85)

… treasurers were not always involved with maintaining club accounting records. Key Recommendations Ensure the …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/schodack-central-school-district-extra-classroom-activities-2019m-85

Tioga Central School District – Cash Management (2020M-83)

… did not develop and manage a comprehensive investment program or comply with the District’s investment policy. Had …

https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/tioga-central-school-district-cash-management-2020m-83

North Colonie Central School District - Extra-Classroon Activity Funds (2019M-144)

… the central and student treasurers properly accounted for extra-classroom activity (ECA) fund collections and … did not always have adequate supporting documentation for collections, including 23 of 48 deposits totaling … the central and student treasurers properly accounted for extraclassroom activity ECA fund collections and …

https://www.osc.ny.gov/local-government/audits/school-district/2019/09/13/north-colonie-central-school-district-extra-classroon-activity-funds

Mount Sinai Fire District - Financial Condition and Price Quotations for Purchases (2019M-83)

… Determine if the District is seeking competition for purchases that are under the bidding threshold. Key … balance. District officials did not always seek quotations for purchases under the bidding threshold. Key Recommendations Adopt financial plans for the maintenance of a reasonable level of fund balance, …

https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/23/mount-sinai-fire-district-financial-condition-and-price-quotations