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DiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… The State Fiscal Year (SFY) 2017-18 Enacted Budget increases funding for … than $10.5 billion in new state debt and allows billions of dollars in lump sum spending with minimal disclosure, … in the current year; and $155 million in State of New York Mortgage Agency Mortgage Insurance Fund resources for various …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadWall Street Bonuses and Profits Decline in 2015
… The average bonus paid in New York City’s security industry declined by 9 percent to … heavily on the securities industry and lower profits could mean fewer industry jobs and less tax revenue.” The … and compensation deferred from prior years. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015Schuyler County – Treasurer’s Office (2014M-186)
… our audit was to examine the operations of the Treasurer’s office for the period January 1, 2011 through September 11, … processing the various financial transactions handled by office staff. As a result, there is a lack of segregation of …
https://www.osc.ny.gov/local-government/audits/county/2014/10/03/schuyler-county-treasurers-office-2014m-186Opinion 91-41
… on a proposition to impose a limit on the amount by which real property taxes may be annually increased. You ask whether, … unless expressly authorized or required by State statute (see, e.g., McCabe v Voohris , 243 NY 401; 1990 Opns …
https://www.osc.ny.gov/legal-opinions/opinion-91-41Comptroller DiNapoli Releases Municipal Audits
… receipts attached to the monthly statement. In July 2019, Richard A. Lobur, a fire department member, admitted to …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-releases-municipal-auditsDiNapoli Expands State Spending Transparency on OpenBookNewYork.com
… openbooknewyork.com , an easy-to-use search tool for the public to see how their tax dollars are being spent. This is the fifth expansion of the website, building on DiNapoli’s … towns and villages, as well as school and fire districts going back to 2001; State Payments includes payments to …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-expands-state-spending-transparency-openbooknewyorkcomMcConnellsville Fire District – Financial Operations (2014M-19)
… when adopting the 2014 budget and computing the tax levy limit. The Board has not adopted a code of ethics, … when adopting the annual budget and calculating the tax levy limit. Adopt a code of ethics, procurement policy …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/04/04/mcconnellsville-fire-district-financial-operations-2014m-19CUNY Bulletin No. CU-423
… Purpose To inform agencies of the new vendor for the CUNY Transit Spending Account Program. Affected … Deduction Code 440. Agency update is no longer available for this deduction code. At the request of CUNY, OSC has … Card Fee). Agency update access is no longer available for deduction code 441. Agency Actions Agencies will continue …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-423-new-vendor-cuny-transit-spending-account-programTown of Amherst Industrial Development Agency – Project Approval and Monitoring (2020M-148)
… and payment in lieu of taxes (PILOT) information for current and active projects. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2021/09/10/town-amherst-industrial-development-agency-project-approvalHenrietta Fire District – Financial Condition (2021M-27)
… because the 2021 budget overestimated appropriations by approximately $1.4 million, and the $1 million …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/07/16/henrietta-fire-district-financial-condition-2021m-27Wyandanch Union Free School District - Budget Review (B22-7-1)
… The District’s proposed budget complies with the tax levy limit because it includes a tax levy of $23,105,027, which is within the limits …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wyandanch-union-free-school-district-budget-review-b22-7-1Otego-Unadilla Central School District - School District Website (S9-19-26)
… documents to make informed decisions. Officials did not post the: Final annual budget. Comprehensive appended … actions per audit recommendations. Key Recommendations Post the final annual budget, a comprehensive appended … budget-to-actual results in a location easy to access. Post CAP to the website in a transparent location and specify …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/otego-unadilla-central-school-district-school-district-website-s9-19-26Island Trees Union Free School District - School District Website (S9-19-34)
… documents to make informed decisions. Officials did not post the: Final annual budget. Budget-to-actual results, a … the District’s fiscal decisions. Key Recommendations Must post required information to the District website: Final …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/island-trees-union-free-school-district-school-district-website-s9-19-34Hunter-Tannersville Central School District - School District Website (S9-19-33)
… documents to make informed decisions. Officials did not post the: Final annual budget. Comprehensive budget … of the District’s fiscal decisions. Key Recommendations Post the final annual budget, budget-to-actual results, audit … card and administrative salary disclosure. Prepare and post a multiyear financial plan to help residents see the …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/hunter-tannersville-central-school-district-school-district-website-s9-19Town of German – Supervisor’s Records and Reports (2023M-54)
… annual financial report (AFR) and the tax cap form late with the Office of the New York State Comptroller (OSC). Did … audit the Supervisor’s records. Town officials agreed with our recommendations and indicated they will take …
https://www.osc.ny.gov/local-government/audits/town/2023/07/14/town-german-supervisors-records-and-reports-2023m-54Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … government audits have been issued. Town of East Hampton – Budget Review (Suffolk County) Auditors found that the … budget includes a proposed tax levy of $58,426,602. City of Lockport – Budget Review (Niagara County) Auditors …
https://www.osc.ny.gov/press/releases/2019/11/comptroller-dinapoli-releases-municipal-auditsTown of Allen – Town Clerk Collections (2024M-120)
… report – pdf] Audit Objective Determine whether the Town of Allen (Town) Town Clerk/Tax Collector (Clerk) properly … totaling approximately $500,000 within 24 hours of the date collected, as required. Deposit fees totaling approximately $3,000 within three business days of being collected for total daily aggregate collections …
https://www.osc.ny.gov/local-government/audits/town/2025/02/14/town-allen-town-clerk-collections-2024m-120Wyandanch Union Free School District – Budget Review (B25-7-3)
… evaluation of the proposed 2025-26 budget. Background The Wyandanch Union Free School District (District) is located in …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/11/wyandanch-union-free-school-district-budget-review-b25-7-3Industrial Development Agencies in New York State
… Since 1969, state law has authorized local governments to establish Industrial … support economic development in New York. An IDA is a type of public benefit corporation that offers financial … exemptions. Below is an interactive map developed by the Office of the New York State Comptroller (OSC) that displays …
https://www.osc.ny.gov/local-government/industrial-development-agencies-new-york-stateFare Revenue Considerations for the Metropolitan Transportation Authority
… annually once federal pandemic relief is exhausted in 2025, in addition to $401 million in known budget risks, and … be identified and can be expanded substantially to help close the gaps. However, efficiencies alone are unlikely to … to reach 2019 levels, the increase would be more than 19 percent from currently planned levels, including proposed …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authority