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Beekmantown Fire District No. 1 – Investment Program (2025M-69)
… District No. 1 (District) officials develop and manage a comprehensive investment program? Audit Period January 1, … investment policy that can provide officials with a tool to manage finances more effectively and help ensure that … This structured approach can help officials optimize how funds are managed, leading to better financial health and …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/02/13/beekmantown-fire-district-no-1-investment-program-2025m-69State Comptroller DiNapoli Releases Audits
… York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued. … needs assessment or social impact study to identify the number or location of individuals in need of problem … concurrent comprehensive third-party health insurance. By the end of the audit fieldwork, about $6.7 million of the …
https://www.osc.ny.gov/press/releases/2019/03/state-comptroller-dinapoli-releases-auditsAbout Statement No. 68 – Governmental Accounting Standards Board
… participating in state and local government pension plans to report their proportionate share of the collective Net … Has no impact on funding—contributions will continue to be based on actuarially determined rates. GASB’s position … Accepted Accounting Principles (GAAP), you may need to follow GASB guidance and comply with GASB Statement No. …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68Former Avon Police Chief Pleads Guilty to Stealing Federal Funds
… before Chief U.S. District Judge Elizabeth A. Wolford to theft of funds related to a federal program, which carries a maximum penalty of 10 … Officer Contract, in which the Village of Avon agreed to provide an off-duty member of the Avon Police Department … guilty before Chief US District Judge Elizabeth A Wolford to theft of funds related to a federal program which carries …
https://www.osc.ny.gov/press/releases/2025/02/former-avon-police-chief-pleads-guilty-stealing-federal-fundsVillage of Churchville – Financial Management (2025M-128)
… [read complete report – pdf] Audit Objective Did the Village of Churchville (Village) Board of Trustees … Period March 1, 2022 – October 30, 2025 Understanding the Audit Area A key measure of a village’s financial … condition is its level of fund balance, which represents the difference between revenues and expenditures accumulated …
https://www.osc.ny.gov/local-government/audits/village/2026/02/13/village-churchville-financial-management-2025m-128State Comptroller DiNapoli Releases Audits
… York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued: State … Department: Kennedy Child Study Center: Compliance with the Reimbursable Cost Manual (2017-S-7) Kennedy is a New York … services to children with disabilities who are between the ages of three and five years. During the 2013-14 school …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Municipal Audits
… , Newark Housing Authority , City of Olean , Town of Sharon and Westchester County . "In today's fiscal climate, … implemented multiyear financial and capital plans. Town of Sharon – Fund Balance (Schoharie County) From 2014 through … Library Newark Housing Authority City of Olean Town of Sharon and Westchester County …
https://www.osc.ny.gov/press/releases/2018/04/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Audit Finds Inadequate Oversight of Student Grade Changes
… Student grades in five school districts were changed from failing to passing without proper documentation or supporting … (44 percent) were not supported with written documentation from the student’s teacher authorizing the change. Of these … Student grades in five school districts were changed from failing to passing without proper documentation or …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-audit-finds-inadequate-oversight-student-grade-changesOpinion 93-2
… -- Change in Fiscal Year (timing of proposition in village) VILLAGES -- Fiscal Year (timing of proposition to change) ELECTION LAW, §15-104; VILLAGE LAW, §§9-908, 9-912: Village Law, §9-912 authorizes a village board, on its own … a referendum on a proposition to change the date of the village general election from March to June may be held at a …
https://www.osc.ny.gov/legal-opinions/opinion-93-2DiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… major increase since the COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in 2024,” DiNapoli said. … firms are also responsible for a greater share of new leasing activity in the city since the pandemic and have …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024State Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … enforce the procurement policy. The March 2017 credit card bill included a $288 charge for the supervisor's personal … Also, the board does not collectively set and approve pay rates and salaries for part-time employees and the …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-releases-municipal-audits-0IX.8 Federal Grant Refunds – IX. Federal Grants
… funds are to be immediately documented and transmitted to the State's Treasury pursuant to §121 of the State Finance Law. Such amounts are to be credited to the fund from which the original payment was made. Since all … funds are to be immediately documented and transmitted to the States Treasury pursuant to 121 of the State Finance Law …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8-federal-grant-refundsDiNapoli and Stewart-Cousins Encourage Residents to Claim More Than $100 Million in Lost Money
… York State Senate Democratic Leader Andrea Stewart-Cousins today encouraged local residents to search for unclaimed … and we want to return it as soon as possible. Today’s event with Democratic Leader Andrea Stewart-Cousins, … York State Senate Democratic Leader Andrea StewartCousins today encouraged local residents to search for unclaimed …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-and-stewart-cousins-encourage-residents-claim-more-100-million-lost-moneyDiNapoli: Former Prattsville Town Supervisor Pleads Guilty to Fraud of State Funds
… P. DiNapoli announced that Kory O’Hara, 45, formerly the Town Supervisor of Prattsville, pled guilty today to wire … in connection with a grant extended to Prattsville in the wake of Hurricane Irene. The announcement was made by New York State Comptroller … Thomas P DiNapoli announced that Kory OHara 45 formerly the Town Supervisor of Prattsville pled guilty today to wire …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-prattsville-town-supervisor-pleads-guilty-fraud-state-fundsDiNapoli: State Must Improve Management of Medical Equipment Stockpile After Spending Millions During the COVID-19 Pandemic
… and costing taxpayers storage expenses, according to an audit released today by State Comptroller Thomas P. … I urge the Department of Health to develop and execute a strategic plan for the maintenance and use of these and … could not provide auditors with documentation supporting how the steering committee reached their decisions, leaving …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-must-improve-management-medical-equipment-stockpile-after-spending-millions-duringDiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… the companies to set measurable goals for increased use or production of renewable energy by December 2016. Companies … 78 Fortune 500 companies sourcing renewable energy from solar, wind, geothermal and other resources that offer the …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energyNYS Common Retirement Fund Reports First Quarter Results
… Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 was … State Common Retirement Funds Fund estimated return in the first quarter of the State Fiscal Year SFY 202021 was 1035 …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsState Comptroller DiNapoli Releases Municipal Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued. Copiague … was sought for professional services. Officials paid the 12 providers $388,628. In addition, required verbal or … procured. A commissioner, employed by a company the district contracts with, did not disclose his company’s …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-2DiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… Inc., JPMorgan Distribution Services, Inc., Ascensus Broker Dealer Services, Inc., nor any of their applicable …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsDiNapoli: State Pension Fund Posts Strong 11.94% Annual Return, Closes at Record High of $295.4 Billion
… of 11.94% for the state fiscal year ending March 31, 2026, closing at a record-high estimated value of $295.4 … fiscal health. While annual returns can fluctuate with market conditions, the Fund continues to deliver strong … fees and expenses were reasonable. Employer contribution rates are determined by investment results over a multi-year …
https://www.osc.ny.gov/press/releases/2026/05/dinapoli-state-pension-fund-posts-strong-11-point-94-percent-annual-return-closes-at-record-high-295-point-4-billion