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State Comptroller DiNapoli Releases Municipal Audits
… today announced the following local government audits have been issued. City of Johnstown – Information Technology … (PPSI) was protected. The failure to protect PPSI can have significant consequences on the city, such as reputation … IT security awareness training. City officials did not have a complete and accurate IT asset inventory. They also …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-audits-0City of Mechanicville – Procurement (2025M-60)
… [read complete report – pdf] Audit Objective Did City of Mechanicville (City) officials procure goods and services in accordance with the City’s procurement policy, statutory requirements and … 2022 – September 30, 2024 Understanding the Audit Area One of the best methods for helping ensure that goods and …
https://www.osc.ny.gov/local-government/audits/city/2026/04/03/city-mechanicville-procurement-2025m-60DiNapoli: SED Needs To Improve Oversight of School Districts' English Language Learners Programs
… 8% from 2019-20 to 2022-23. Because a high school diploma is a standard requirement for many jobs and higher education …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-sed-needs-improve-oversight-school-districts-english-language-learners-programsUpstate Transportation Authorities Suffer Revenue Plunge
… pandemic deficits. If ridership continues to languish and does not return to pre-pandemic levels, the authorities will … bill for transit are still uncertain. If ridership does not rebound at these authorities, they may be forced to … impact of any adverse development that would materially affect the authority’s budget or financial plan. …
https://www.osc.ny.gov/reports/upstate-transportation-authorities-suffer-revenue-plungeAbout Statement No. 68 – Governmental Accounting Standards Board
… Statement No. 68, Accounting and Financial Reporting for Pensions : Requires employers participating in state and … statements along with an associated pension expense. If you prepare financial statements in accordance with Generally … liability, pension expense, deferred inflows/outflows and other related disclosures. Calculations are based on current …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68State Agencies Bulletin No. 1332
… cycle in the Incr. Code field. Institution Agencies Only New Hire transactions submitted in Institution Pay Period 8L … be at the hiring rate when Action of PAY and Reason of NEW is used”. Please ignore this warning message. OSC … employee remains in an eligible position. Calculating the New Compensation Rate The salary on each inserted row will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1332-april-2014-management-and-confidential-mc-salary-increase-amended-22715DiNapoli Releases April State Cash Report
… year, a decline of $420.4 million or 4.9 percent from April 2015, according to the monthly state cash report issued … weaker financial market performance in 2015 than in 2014. "April tax receipts were in line with more conservative … the new fiscal year progresses." Over the last ten years, April tax collections have averaged approximately 11 percent …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-releases-april-state-cash-reportState Agencies Bulletin No. 1702
… no longer operate on the New York State Fiscal Year (April 1st to March 31st) but should instead have a plan year that operates on the calendar year (January 1st to December 31st) for Tier 6 pension fund administration. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1702-2019-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… 17 cities with non-calendar fiscal years, including the “Big 4” cities of Buffalo, Rochester, Syracuse and Yonkers, …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesDiNapoli Releases Executive Budget Report
… is proposed. Collectively, these and other actions in recent budgets have rendered the state’s current debt limits …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-executive-budget-reportOpinion 90-58
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Insurance … policy by a village trustee to a village employee in the employee's private capacity is not a "contract" with … of article 18 includes only any express or implied claim, account or demand against or agreement with the …
https://www.osc.ny.gov/legal-opinions/opinion-90-58DiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record levels in the prior year to $180,420 even though the credit crunch … securities industry rewarded employees who performed well in 2007 even though the credit crunch battered profits,” … Average Wall Street bonuses in 2007 declined 47 percent from record levels in the prior …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: Tax Breaks From IDAs Continue to Climb
… A Map of 2015 IDA Data by Region is also available, go to: …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-tax-breaks-idas-continue-climbDiNapoli: MTA's Future Unthinkable Without Aid From Washington
… of its plans for severe cuts and other measures, if it does not receive needed federal assistance: “The MTA is … of its plans for severe cuts and other measures if it does not receive needed federal assistance …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-mtas-future-unthinkable-without-aid-washingtonExamples from GASB Statement 34 - Statement of Activities
… Accounting Standards Board, 401 Merritt 7, Norwalk, CT 06856 are reprinted by permission. Program Revenues … Net (Expense) Revenue and Changes in Net Assets Functions/Programs Expenses Charges for Service Operating Grants and … Grants and contributions not restricted to specific programs 1,457,820 ------ 1,457,820 6,461,708 …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-activitiesHadley-Luzerne Central School District - Financial Management (2018M-103)
HadleyLuzerne Central School District Financial Management 2018M103
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/26/hadley-luzerne-central-school-district-financial-management-2018m-103Town of Eagle – Wind Power Revenues (2014M-125)
… was to examine the Town’s use of and long-term plan for wind power revenues for the period January 1, 2013 through … Key Findings Town officials did not properly review wind power revenues to ensure that the amounts received were … was to examine the Towns use of and longterm plan for wind power revenues for the period January 1 2013 through …
https://www.osc.ny.gov/local-government/audits/town/2014/08/15/town-eagle-wind-power-revenues-2014m-125Islip Fire District – Financial Condition (2020M-25)
… as $171,492 during the audit period. Did not properly plan for the funding of and spending from reserves. In addition, … funds from reserves without adequate public notice; for example, transfers to reserves totaling $593,941 and …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/05/22/islip-fire-district-financial-condition-2020m-25DiNapoli Releases January State Cash Report
New York state collected $1266 billion in receipts from April through January which was $5823 million higher than the DOBs latest projections and $48 billion higher than initial projections according to the monthly state cash report issued today by New York State Comptroller DiNapoli
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-january-state-cash-reportResponding to an OSC Audit Report: Audit Responses and Corrective Action Plans
… To download a copy of this publication go to www.osc.ny.gov/files/local-government/audits/pdf/respondaudit.pdf . … 90 days: Electronically, as an attachment, to: caps@osc.ny.gov Or in paper format to: Office of the State Comptroller … RDU – CAP Submission 110 State Street, 12th Floor Albany, NY 12236 OSC will send you a letter acknowledging receipt of …
https://www.osc.ny.gov/local-government/audits/responding-osc-audit-report-audit-responses-and-corrective-action-plans