Search
Industrial Development Agency Board Governance (2017-MS-1)
… oversight of the IDAs’ operations for the period January 1, 2014 through May 31, 2015. Background An IDA is an … for the IDA’s general management and control. In June 2016, new legislation became effective to increase the … improve the efficiency and transparency of IDA operations 1 . For new projects, the law requires standard application …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/09/22/industrial-development-agency-board-governance-2017-ms-1Comptroller DiNapoli Releases School Audits
… ensuing year’s budgeted appropriations. District officials have developed a multiyear financial plan to address current …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-school-audits-0DiNapoli: Job Creation Increases for IDA Projects
… in our state,” said DiNapoli. “But as the value of tax exemptions to private businesses continues to increase, … the state’s 109 active IDAs provided $1.1 billion in total tax exemptions in 2014. These exemptions were partially … York City ($75.7 million) granted the highest amount of tax exemptions; and Total expenses for IDAs in 2014 equaled …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-job-creation-increases-ida-projectsElementary and Secondary Education – 2021 Financial Condition Report
… School Buildings Shut Down in the Last Quarter of the 2019-20 School Year, and Have Been … increases averaged 1.4 percent, compared to a 2.2 percent increase the previous year. School districts in the State were required to provide all residents with an absentee ballot, resulting in a three-fold increase in the …
https://www.osc.ny.gov/reports/finance/2021-fcr/elementary-and-secondary-educationDiNapoli: Trouble Ahead for Local Governments and Schools
… by New York State Comptroller Thomas P. DiNapoli. As sales tax revenues fall by double-digits and state aid is reduced … distancing measures implemented to control COVID-19. Sales tax collections for local governments in May fell 32.3 … taxes provide revenue stability for local governments, the tax cap and other constraints will likely limit their use to …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-trouble-ahead-local-governments-and-schoolsState Comptroller DiNapoli Releases Municipal Audits
… reassess certain revenue estimates, including: mortgage tax, income surcharge tax, parking violation fines and fees, sales tax, other fees and fines, and meter water sales. For access …
https://www.osc.ny.gov/press/releases/2017/05/state-comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases Municipal Audits
… addition, the city plans to borrow up to $13 million for tax certiorari settlements in the 2015-16 fiscal year. The … city’s proposed 2015-16 budget complies with the property tax levy limit. … New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-1Schenectady County Industrial Development Agency – Project Approval and Monitoring (2014M-338)
… receive Agency support include State mortgage and sales tax exemptions, real property tax abatement and low interest bonds. The Agency … their employment goals. The Agency provided benefits to a property management and redevelopment company rather than …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/04/28/schenectady-county-industrial-development-agency-projectDiNapoli: Former Wallkill Fire District Chair Pleads Guilty in $240,000 Theft
… ”I thank District Attorney Carnright for partnering with my office to expose this scheme and hold this official …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-wallkill-fire-district-chair-pleads-guilty-240000-theftWyandanch Union Free School District – Budget Review (B23-7-1)
… years. 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/charter-school/2023/04/07/wyandanch-union-free-school-district-budget-review-b23-7-1Village of Livonia – Board Oversight and Information Technology (2014M-221)
… or 2014-15 property tax cap computation with OSC as required. The Board developed budgets that overestimated expenditures from 2010-11 through 2012-13 because the Board did not … the proper rates of pay were paid or certify the payrolls from April through November 2013. Key Recommendations Require …
https://www.osc.ny.gov/local-government/audits/village/2015/01/09/village-livonia-board-oversight-and-information-technology-2014m-221Town of Sidney – Budget Review (B4-13-19)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … in Delaware County, issued debt totaling $2.5 million to liquidate a portion of the cumulative deficit incurred by the Town due to expenses related to the Town-owned hospital for the fiscal …
https://www.osc.ny.gov/local-government/audits/town/2013/11/05/town-sidney-budget-review-b4-13-19Richland Fire District – Board Oversight (2016M-374)
… Fire Commissioners, receives on behalf of the Department a tax on the premiums of fire insurance policies written on … totaled $72,920. Key Findings The out-of-state insurance tax, known as foreign fire insurance money, was placed in the …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/01/27/richland-fire-district-board-oversight-2016m-374Village of Liberty – Financial Condition (2013M-109)
… was available in the general fund. The Board arrived at a tax levy it deemed necessary, but the Village rarely receives … to the levy each year, within the real property tax cap limit, to offset the expected rate of uncollectible …
https://www.osc.ny.gov/local-government/audits/village/2013/10/04/village-liberty-financial-condition-2013m-109Sodus Center Fire District – Board Oversight (2017M-108)
… a district corporation of the State, distinct and separate from the Town, governed by an elected five-member Board of … The Board did not ensure that the Treasurer submitted the required annual financial reports and tax levy limit … the questionable disbursements and seek reimbursement from the Treasurer for any misappropriated money. Ensure a …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/05/22/sodus-center-fire-district-board-oversight-2017m-108City of Glen Cove Industrial Development Agency – Project Approval and Monitoring (2020M-139)
… paid to the City of Glen Cove (City), $75,039, and to the school district and library, $300,875. Tax exemptions disclosed in …
https://www.osc.ny.gov/local-government/audits/city/2021/07/16/city-glen-cove-industrial-development-agency-project-approval-and-monitoring-2020mVillage of Belmont – Water and Sewer Operations (2014M-101)
… 20, 2014. Background The Village of Belmont is located in Allegany County and has approximately 970 residents. The …
https://www.osc.ny.gov/local-government/audits/village/2014/08/22/village-belmont-water-and-sewer-operations-2014m-101Town of Exeter – Town Clerk/Tax Collector (2024M-15)
… Determine whether the Town of Exeter (Town) Town Clerk/ Tax Collector (Clerk) recorded, deposited and remitted … Specifically, the Clerk did not: Deposit 39 real property tax collections, totaling $505,197, within 24 hours of the …
https://www.osc.ny.gov/local-government/audits/town/2024/05/31/town-exeter-town-clerktax-collector-2024m-15The Importance of Agriculture to the New York State Economy, March 2015
Farms are an essential and diverse part of New York State’s economy, contributing significantly to employment, incomes and tax revenues across the Empire State.
https://www.osc.ny.gov/files/reports/special-topics/pdf/economic-agriculture-2015.pdfReport on the State Fiscal Year 2019-20 Enacted Budget Financial Plan and Capital Program and Financing Plan, July 2019
The Enacted Budget Financial Plan for State Fiscal Year (SFY) 2019-20 projects tax receipts will grow by $5.7 billion or 7.6 percent this year.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-financial-plan-2019-20.pdf