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NYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… had filed with the company. "The utilities sector should pay close attention to AEP's commitment to decarbonize its …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsNew York's 529 College Savings Program Turns 20
… Program’s Direct Plan is the largest plan of its kind in the country, our fees are among the lowest in the nation, and we continue to have solid results. We have … it easier for New Yorkers of all income levels to invest in the futures of their loved ones." NY’s 529 College Savings …
https://www.osc.ny.gov/press/releases/2018/12/new-yorks-529-college-savings-program-turns-20DiNapoli: Billions Needed for Repairs to Local Bridges
… need an estimated $27.4 billion in repairs, according to a report released today by New York State Comptroller … for repairs is growing as Washington considers changes to infrastructure aid. "Local communities are facing a big … but they will need help. While the state has taken steps to make funds for repairs available, the assistance of the …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli: Statewide Local Sales Tax Collections Declined 10 Percent in 2020
… percent overall in 2020, or $1.8 billion, compared to the previous year, according to a report issued today by State … 10 percent overall in 2020 or $18 billion compared to the previous year according to a report issued today by State …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-statewide-local-sales-tax-collections-declined-10-percent-2020Town of Almond - Tax Collection (2019M-188)
Determine whether the Town Clerk (Clerk) recorded, deposited and remitted real property tax collections in a timely and accurate manner.
https://www.osc.ny.gov/files/local-government/audits/pdf/almond-2019-188.pdfEndwell Fire District – Controls Over Financial Operations (2013M-277)
… District is a district corporation of the State, distinct and separate from the Town of Union and the County of Broome in which it is located. The Board of … were for proper purposes. The Board did not audit and approve 63 disbursements prior to payment, totaling …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/endwell-fire-district-controls-over-financial-operations-2013m-277Motor Vehicle Financial Security and Safety Responsibility Acts – Assessable Expenses for the Two Fiscal Years Ended March 31, 2013
… Purpose The purpose of our performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate … report its assessable expenses incurred in connection with the administration of Article VI and Article VII of the … Determine whether the Department of Motor Vehicles has adequate procedures in …
https://www.osc.ny.gov/state-agencies/audits/2015/03/19/motor-vehicle-financial-security-and-safety-responsibility-acts-assessable-expenses-twoDivorce – State Police Plan
… affect your retirement benefits. The New York State Court of Appeals has determined that retirement benefits are … means that: Your ex-spouse may be entitled to a portion of your pension. You may be required to name your ex-spouse as beneficiary of any pre-retirement death benefit payable. You may be …
https://www.osc.ny.gov/retirement/publications/1518/divorceWest Seneca Fire District #6 – Financial Management (2013M-14)
… payments to the Treasurer and purchases made on the District’s credit cards and seek reimbursement from …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/09/27/west-seneca-fire-district-6-financial-management-2013m-14Pawling Central School District – Selected Financial Activities (2012M-185)
… Purpose of Audit The purpose of our audit was to examine selected District financial … The Pawling Central School District is located in the Town of Pawling in Dutchess and Putnam counties. The District is …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/08/pawling-central-school-district-selected-financial-activities-2012m-185Divorce – Special 20- and 25-Year Plans
… affect your retirement benefits. The New York State Court of Appeals has determined that retirement benefits are … means that: Your ex-spouse may be entitled to a portion of your pension. You may be required to name your ex-spouse as beneficiary of any pre-retirement death benefit payable. You may be …
https://www.osc.ny.gov/retirement/publications/1517/divorceDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… Preet Bharara, was sentenced today to a year and one day in prison and ordered to pay a total of $721,112 in … as far as billing the state for working over 24 hours a day on a few occasions. This is the latest example of the … Comptroller DiNapoli was sentenced today to a year and one day in prison and ordered to pay a total of $721112 in …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000DiNapoli Report Looks at Foreclosure Impact on Local Governments
… New York state has the second highest home foreclosure rate in the nation, with 1 in 21 home mortgages in foreclosure, according to a report released today by State … New York state has the second highest home foreclosure rate in the nation with 1 in 21 home mortgages in foreclosure …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-report-looks-foreclosure-impact-local-governmentsSelect Financial Management Practices
… of delinquent accounts receivable are in compliance with the Commission’s procedures for the period January 1, … collection practices to be generally in compliance with Commission procedures and laws and regulations. We found …
https://www.osc.ny.gov/state-agencies/audits/2015/11/05/select-financial-management-practicesVillage of Old Field – Misappropriation of Village Funds and Selected Financial Operations (2013M-44)
… 1, 2009, to July 31, 2012. Background The Village of Old Field is located in the Town of Brookhaven, in Suffolk … Village of Old Field Misappropriation of Village Funds and Selected …
https://www.osc.ny.gov/local-government/audits/village/2013/07/17/village-old-field-misappropriation-village-funds-and-selected-financialAllocation, Billing, and Collection of Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act (Follow-Up)
… ensure that the operators of motor vehicles registered in New York possess adequate insurance coverage, or are … programs and assess these expenses on insurance carriers in proportion to their reported premiums. The objective of … the expenses of administering the Acts. We found that, in general, the Department was appropriately allocating, …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/allocation-billing-and-collection-expenses-administering-motor-vehicle-financial-securityExamples from GASB Statement 34 - Sample City Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds
… 06856 are reprinted by permission. Sample City Statement of Revenues, Expenditures, and Changes in Fund Balances … 11,298,469 15,697,954 121,332,470 Excess (deficiency) of revenues over expenditures (2,695,008) (222,916) … OTHER FINANCING SOURCES (USES): Proceeds of refunding bonds 38,045,000 38,045,000 Proceeds of …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-1GASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
… No. 33 provides accounting and reporting guidelines for nonexchange transactions. A nonexchange transaction is … of nonexchange transaction: Derived tax revenues (for example income tax or sales tax). Imposed nonexchange revenues (for example real property taxes. Government-mandated …
https://www.osc.ny.gov/local-government/publications/gasb-statement-no-33-accounting-and-financial-reporting-nonexchange-transactionsTown of Bangor – Board Oversight (2012M-193)
… 1, 2011, to May 31, 2012. Background The Town of Bangor is located in Franklin County and has approximately 2,220 residents. The Town is governed by an elected five-member Town Board (Board), … primarily with real property taxes. Key Findings The Board is not providing adequate oversight of the Dog Control …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-bangor-board-oversight-2012m-193Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… 30, 2013. Background The Town of Hopewell is located in Ontario County. The Town is governed by the Town Board, … funds were consistently more than the actual expenditures in each of the fiscal years 2008 through 2012. The highway … deficit unexpended fund balances of approximately $61,000 in 2011 and $10,000 in 2012. Because the Board considered …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231