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Sullivan County Funding Corporation – Millennium Revolving Loan Program (2021M-196)

Determine whether Sullivan County (County) Funding Corporation (Corporation) officials awarded funds from the Millennium revolving loan program (Program) in accordance with established policy guidelines (guidelines) and ensured businesses complied with loan agreements.

https://www.osc.ny.gov/files/local-government/audits/2022/pdf/sullivan-county-ldc-2021-196.pdf

Review of the Enacted Budget: State Fiscal Year 2021-22, April 2021

The New York State All Funds Budget for State Fiscal Year (SFY) 2021-22 totals an estimated $212 billion – the largest budget in State history, almost 10 percent greater than the prior year.

https://www.osc.ny.gov/files/reports/budget/pdf/enacted-budget-report-2021-22.pdf

Comptroller DiNapoli and AG Schneiderman Announce Guilty Plea and Sentencing of Jean Noel for Theft of Putnam Co. Funds

… of Investigations and Division of Local Government and School Accountability along with the New York State Police, Troop K and Investigator Dennis Churns, who handled the case …

https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-plea-and-sentencing-jean-noel-theft-putnam

DiNapoli: Former Chief of Border City Hose Company Pleads Guilty to Stealing Company Funds and Repays More Than $18,000

… “Mr. Morabito’s theft of money meant to protect his community was a violation of the public’s trust and a … of their position to steal money meant to benefit the community.” Morabito, 71, served as chief of the Hose … City Fire District that serves residents in the City of Geneva and the Village of Waterloo. While he was chief, from …

https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-chief-border-city-hose-company-pleads-guilty-stealing-company-funds-and-repays-more

State Comptroller DiNapoli Statement on SEC's Climate Disclosure Proposal

… DiNapoli issued the following statement regarding today’s SEC proposed rule on climate disclosure. "Today's action by the SEC will provide investors with the robust climate … necessary to make informed investment decisions. Today's SEC rule does just that. “I would like to thank Chair Gensler …

https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-statement-secs-climate-disclosure-proposal

IX.7.K Record Retention – IX. Federal Grants

… matters. Documentation of final acceptance by grantor and closure. Any other information that may be deemed relevant in …

https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7k-record-retention

II.4 Overview – II. New York State Financial Accounting

New York State Financial Accounting standards are used in the EXECUTE and EVALUATE phases of the financial cycle

https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4-overview

Town of Yorkshire – Financial Management (2021M-109)

… levels of fund balance and properly planned for equipment replacement. Key Findings The Board and officials did not … levels of fund balance or properly plan for equipment replacement. The Board: Consistently overestimated … levels of fund balance and properly planned for equipment replacement …

https://www.osc.ny.gov/local-government/audits/town/2021/11/19/town-yorkshire-financial-management-2021m-109

Town of Hempstead – Budgeting (2021M-169)

… budgets. Town officials levied $37.6 million more in taxes than was necessary to fund budgeted expenditures, over …

https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-hempstead-budgeting-2021m-169

Town of Owasco – Highway Department (2020M-128)

Determine whether Town of Owasco Town officials adequately oversaw highway purchasing planning and interfund charges

https://www.osc.ny.gov/local-government/audits/town/2021/05/28/town-owasco-highway-department-2020m-128

NFC Development Corporation – Project Approval and Monitoring (2021M-11)

… in accordance with established guidelines, but once funds were disbursed, officials generally did not follow up …

https://www.osc.ny.gov/local-government/audits/local-development-corporation/2021/05/28/nfc-development-corporation-project-approval-and-monitoring

Cincinnatus Central School District – Procurement (2021M-111)

… during the 17-month audit period. Except for their CPA firm, officials used these 10 professional service providers on average for 11 years each, including a legal firm used for 23 years, without seeking any competition to …

https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/cincinnatus-central-school-district-procurement-2021m-111

Coeymans Hollow Fire Corporation – Board Oversight (2022M-84)

… and deposited. Ensure that the Treasurer and Financial Secretary performed bank reconciliations for Company … are for proper Company purposes. Ensure that the Financial Secretary maintains adequate cash receipts records and the …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/11/10/coeymans-hollow-fire-corporation-board-oversight-2022m-84

Glen Aubrey Fire Company – Board Oversight (2022M-139)

… compliance with fire protection contracts (contracts) and lease agreements. Key Findings The Company Board did not ensure compliance with contracts or enforce the lease agreement’s terms and conditions. As a result, there is … fees and interest for late payments associated with the lease agreement. Key Recommendations Ensure compliance with …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/12/09/glen-aubrey-fire-company-board-oversight-2022m-139

South Butler Fire Department – Oversight of Financial Activities (2020M-120)

… policies and procedures were not adopted. Existing bylaw provisions were not enforced. Adequate accounting and … bylaws and financial policies. Comply with existing bylaw provisions. Annually audit the Treasurer’s books and …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2021/04/30/south-butler-fire-department-oversight-financial-activities

South Butler Fire District – Board Oversight of Financial Operations (2020M-155)

… report - pdf ] Audit Objective Determine whether the South Butler Fire District (District) Board of Fire … Determine whether the South Butler Fire District District Board of Fire …

https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/30/south-butler-fire-district-board-oversight-financial-operations-2020m-155

Candor Central School District – Separation Payments and Leave Accruals (2022M-21)

… (District) officials ensured separation payments and leave accruals were accurate, supported and approved. Key … District officials did not ensure separation payments and leave accruals were accurate, supported and approved. Due to … by $20,595 in their final salary payouts. Employee leave accruals and usage were not always recorded properly or …

https://www.osc.ny.gov/local-government/audits/school-district/2023/01/20/candor-central-school-district-separation-payments-and-leave-accruals

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