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Controls Over Cash Advance Accounts

… Purpose To determine whether the Office of Children and Family Services (OCFS) has adequate controls … 1, 2011 to December 31, 2013. Background Under Section 115 of the State Finance Law, cash advances are issued to State … authorized to have 32 advance accounts with a total value of $101,050 as of March 31, 2012. Key Findings At one OCFS …

Ausable Valley Central School District – Internal Controls Over Selected Financial Activities (2013M-299)

… The Ausable Valley Central School District is located in Clinton, Essex and Franklin Counties. The District is …

Village of Lyons Falls - Board Oversight (2018M-174)

… passwords accessing the computerized central accounting records and the water and sewer program. The Board did not annually audit the Treasurer’s books and records. Key Recommendations Segregate the Clerk’s and … perform their job duties. Annually audit the Treasurer’s records. Village officials generally agreed with our …

Long Beach City School District – Controls Over Cash Receipts (2016M-145)

… Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $132.4 million. Key Finding The … District did not establish formal, written cash receipt policies and procedures. Key Recommendation Develop written policies and procedures for handling cash receipts. … Long …

DiNapoli: Lockport Facing Severe Cash Flow Problems

… to nearly $4.6 million by Dec. 31. Cash shortfalls occur when bills must be paid before revenue is received to pay them. Cash shortfalls also happen when expenditures consistently exceed revenue in a fiscal … treasurer’s office set aside $2.7 million to repay the RAN when it matures in October 2014. That money cannot be used to …

Opinion 89-10

… of public library to provide for cash advances) GENERAL MUNICIPAL LAW, §77-b(6): A public library, in accordance with … at the time of submitting the voucher or upon demand after audit of the voucher, the municipality shall deduct the …

State Comptroller DiNapoli Releases Municipal Audits

… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … and the board did not ensure an annual audit was completed for the departments that received and/or disbursed funds. … the town of Tompkins pays the town $2,200 annually for its residents to use the transfer station. In 2015, …

XVI.4.A Cash and Investments – XVI. Financial Reporting

… Pool (STIP) which is used for the temporary investment of funds not required for immediate payments; sole custody funds administered by the Department of Taxation and Finance; and funds of the Division of the Lottery. The New York State and …

VII.10 Cash Advance – VII. State Revenues and Appropriated Loan Receivables

Wall Street Bonuses Declined in 2011

… Cash bonuses paid to New York City securities industry employees are forecast to decline by 14 percent to $19.7 billion during this year’s … faces continued challenges as it works through the fallout from the financial crisis and adjusts to regulatory reforms.” …

Comptroller DiNapoli Releases Municipal Audits

… taxes totaling nearly $1.4 million in 2017 and 2018 to the town supervisor or county treasurer each week, as … clerk fees within the required timeframe or remit them to the supervisor in a timely manner. Onondaga County … Agency officials did not have adequate controls in place to help ensure that all cash receipts were recorded and …

Eldred Central School District – Financial Condition and Cafeteria Operations (2014M-204)

… of Audit The purpose of our audit was to evaluate the District’s financial condition in the general and school food service funds and to evaluate internal controls … 2012 through March 6, 2014. Background The Eldred Central School District is located in four towns in Orange and …

Clarendon Fire Company – Financial Activities (2023M-50)

… transactions. The Treasurer was not trained or made aware of his financial reporting duties and requirements. Officials …

Copiague Fire District – Cash Disbursements (2019M-225)

Determine if the Board ensured that the cash disbursements process was adequately segregated and cash disbursements were adequately supported and for legitimate District purposes.

City of Corning – Misappropriation of Finance Department Cash Receipts (2014M-140)

… March 27, 2014. Background The City of Corning is located in Steuben County and has a population of approximately … was manipulated and misappropriations of more than $5,000 in cash receipts occurred over a three-month period. We identified weaknesses in collecting, recording and depositing the fees for code …

Town of Southampton - Board of Trustees of the Freeholders and Commonalty – Trustee Oversight (2013M-39)

… and Commonalty of the Town of Southampton (Trustees) in 1686. The Patent granted the Trustees title and authority … of ways to the water, marshland and common areas located in the Town of Southampton, Suffolk County (Town). The … comprise five elected members and are separate from, and in many respects independent of, the Town Board. The …

Town of Rutland – Town Clerk/Tax Collector (2025M-19)

… in the records, it is unclear whether eight recorded cash and check collections totaling $161 were deposited in the bank and whether cash collections totaling $8,224 were deposited in a timely … bank reconciliations and accountability analyses (compare cash on hand with known liabilities) to help identify and …

Opinion 89-1

… department employees which, among other things, provides for the employees to receive a certain number of sick, … or by necessary implication, or which are provided for in a collective bargaining agreement (see 1987 Opns St … from service for other than his or her scheduled salary entitlement. The court also rejected the employee's …

Copiague Fire District – Cash Disbursements (2019M-225)

… and cash disbursements were adequately supported and for legitimate District purposes. Key Findings The Board did … paid without an invoice attached to the claims. The checks for 39 payments totaling $141,904 were deposited between one … to those authorized by law and ensure they are presented for audit at the next regular Board meeting. Ensure that the …

State Agencies Bulletin No. 648-A

… Purpose To explain OSC’s automatic processing of payments. Affected … eligible for this Cash Advance Payment Background Pursuant to Chapter 113 of the Laws of 2006 which implements the …