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GASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
… Issued To: County, City, Town and Village Chief Fiscal Officers GASB Statement No. 33 provides accounting and reporting guidelines for nonexchange transactions. A … exchange. There is no clear link between services provided and supporting revenues. The statement describes four …
https://www.osc.ny.gov/local-government/publications/gasb-statement-no-33-accounting-and-financial-reporting-nonexchange-transactionsTown of Mina – Financial Management and Vehicle Fuel Procurement (2014M-34)
… of our audit was to assess the Town’s financial management and fuel procurement practices for the period of January 1, … The Town of Mina is located in Chautauqua County and has a population of approximately 1,100. It is governed … The Town could have saved approximately $3,900 if diesel and ethanol blended gasoline was purchased from State …
https://www.osc.ny.gov/local-government/audits/town/2014/06/06/town-mina-financial-management-and-vehicle-fuel-procurement-2014m-34DiNapoli: Public Authorities Borrow and Spend Billions With Limited Transparency, Accountability
… Thomas P. DiNapoli. The amount of debt reported by state and local authorities is now posted on DiNapoli’s … government yet they operate outside the traditional checks and balances that apply to state agencies,” DiNapoli said. … repeatedly used in a way that circumvents borrowing limits and oversight. As a result, New York is shouldering a huge …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-public-authorities-borrow-and-spend-billions-limited-transparency-accountabilityTown of Hornellsville – Financial Management and Town Clerk Operations (2014M-21)
… our audit was to review the Board’s financial management and evaluate the operations and financial practices of the Clerk’s office for the period … The Town of Hornellsville is located in Steuben County and has a population of approximately 4,200 residents. The …
https://www.osc.ny.gov/local-government/audits/town/2014/05/21/town-hornellsville-financial-management-and-town-clerk-operations-2014m-21Town of Amherst – Recording Financial Activity and Fleet Management (2013M-199)
… to review the recording of certain financial activities and the Town’s fleet management program for the period … body responsible for overseeing the Town’s operations and finances. The Town’s 2013 operating fund budgets total … The Town Comptroller has not properly accounted for and reported reserve funds and other restricted moneys. The …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-amherst-recording-financial-activity-and-fleet-management-2013m-199Town of Alexandria – Non-payroll Cash Disbursements and Fuel Inventory (2013M-129)
… of our audit was to review non-payroll cash disbursements and internal controls over fuel inventories for the period … The Town of Alexandria is located in Jefferson County and has a population of about 4,000. The Town Board comprises four elected members and a Supervisor. The Town’s 2012 budgeted operating …
https://www.osc.ny.gov/local-government/audits/town/2013/08/02/town-alexandria-non-payroll-cash-disbursements-and-fuel-inventory-2013m-129Madison Central School District - Reserves and Debt Service Fund (2019M-63)
… - pdf] Audit Objective Determine whether reserve funds and the debt service fund balance were reasonable. Key … written reserve fund policy. Review all reserves and determine if the amounts are necessary, reasonable and in compliance with statutes. To the extent they are not, …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/madison-central-school-district-reserves-and-debt-service-fund-2019m-63Town of Barre – Town Supervisor’s Activities and Board Oversight (2014M-220)
The purpose of our audit was to review the Supervisors financial records and reports for the period January 1 2012 through July 8 2014
https://www.osc.ny.gov/local-government/audits/town/2014/10/24/town-barre-town-supervisors-activities-and-board-oversight-2014m-220State Comptroller Thomas P. DiNapoli Statement on Governor's Budget and New Proposals
… agenda to tackle our growing infrastructure needs and build for the future. “The state’s economy continues to … position, which has fueled revenue growth for the state and put New York on solid financial footing. There are … in the global marketplace that should be watched closely. And, more needs to be done to assist the areas of the state …
https://www.osc.ny.gov/press/releases/2016/01/state-comptroller-thomas-p-dinapoli-statement-governors-budget-and-new-proposalsMedicaid Program – Suspicious and Fraudulent Medicaid Payments to Affiliated Brooklyn Dentists
… to individuals who are economically disadvantaged and/or have special health care needs. For dental care, the … care to conform to acceptable standards of quality and professional practice, but covers only essential services … We identified about $2.3 million in highly suspicious and possibly fraudulent claims that were submitted by the six …
https://www.osc.ny.gov/state-agencies/audits/2013/04/04/medicaid-program-suspicious-and-fraudulent-medicaid-payments-affiliated-brooklyn-dentistsDiNapoli: Former West Carthage Housing Authority Executive Director and Mother Arrested
… for allegedly stealing over $48,000 in WCHA funds, and Katherine (Katie) Pais, Hoffman’s mother and former WCHA … aiding in and concealing the scheme. “Jan Hoffman and Katherine Pais allegedly took advantage of their positions … for allegedly stealing over $48000 in WCHA funds and Katherine Katie Pais Hoffmans mother and former WCHA …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-former-west-carthage-housing-authority-executive-director-and-mother-arrestedOtsego County Soil and Water Conservation District – Board Oversight (2023M-117)
… excess tree purchases, late fees, interest, unused cell phone accounts, sales tax and lease payments for a …
https://www.osc.ny.gov/local-government/audits/district/2024/03/29/otsego-county-soil-and-water-conservation-district-board-oversight-2023m-117Debt Approvals for Public Authorities, Municipalities, School Districts and District Corporations
… certain public authorities seeking to sell their notes and bonds at private or negotiated sale to first secure the … in law. New York City, Buffalo, Yonkers, Erie County and Nassau County must secure the Comptroller’s approval of the terms and conditions of their bonds and notes when they are sold at …
https://www.osc.ny.gov/debt/approvalsNew York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… New York were larger in 2021 than they were in 2011: Long Island, New York City, and the Hudson Valley. Even prior to …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksUtica Harbor Point Development Corporation – Budgeting and Board Oversight (2022M-43)
… Corporation (Corporation) Board of Directors (Board) and officials established realistic budgets and adequately monitored financial activity. Key Findings The Board and officials did not establish realistic budgets. Also, the …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2022/07/15/utica-harbor-point-development-corporation-budgeting-andContract #C001148 - Printing and Mailing of NYSLRS Member Annual Statements
… State Comptroller (“OSC”), on behalf of the New York State and Local Retirement Systems (“NYSLRS”), intends to procure printing and mailing services (as detailed in the advertisement posted … to Article 15-A of the New York State Executive Law, and businesses certified pursuant to Article 17-B of the New …
https://www.osc.ny.gov/procurement/c001148Somers Central School District – User Accounts and Software Updates (2021M-153)
… officials established adequate controls over user accounts and software updates to help prevent unauthorized use, access and loss. Key Findings District officials did not establish adequate controls over user accounts and software updates to help prevent against unauthorized …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/somers-central-school-district-user-accounts-and-software-updates-2021mTuxedo Union Free School District – Payroll and Leave Accruals (2022M-15)
… - pdf] Audit Objective Determine whether Tuxedo Union Free School District (District) officials ensured employees’ payroll … corrective action. … Determine whether Tuxedo Union Free School District District officials ensured employees payroll …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/26/tuxedo-union-free-school-district-payroll-and-leave-accruals-2022m-15New York’s Agriculture Industry: A Resilient Part of State and Local Economies
… State. According to the U.S. Bureau of Economic Analysis, in 2021, agriculture in New York produced roughly $3.3 … and economic shutdown led to job losses across almost all industries in New York, but the agricultural sector … in animal production grew steadily in the years leading up to the pandemic and continued to grow through 2020 and …
https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economiesDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… an economic snapshot today of Brooklyn’s Coney Island and Brighton Beach, where the amusement parks, boardwalk and “Little Odessa” have earned global reputations, but the … over the past decade may be less well known. “Coney Island and Brighton Beach have undergone robust economic growth led …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decade