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State Comptroller DiNapoli Releases Municipal & School Audits
… periodic reconciliations. As a result, 2,936 gallons of fuel, costing $7,603 were not accounted for. Officials also did not verify the accuracy of fuel purchased, ensure records were complete and accurate … 1,128 gallons not recorded, incorrect documentation of vehicle and driver IDs and missing odometer readings. City …
https://www.osc.ny.gov/press/releases/2026/04/state-comptroller-dinapoli-releases-municipal-school-auditsJune 2002: Advance Refunding Bonds
… because the state is changing how it calculates and pays building aid. Building aid, rather than being based on actual … bonds are used currently (immediately) to redeem the old debt. In an advance refunding, the refunding bonds are … account pending the call date or maturity date of the old debt. Why do a debt refunding? A debt refunding is …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsComptroller DiNapoli Releases School Audits
… completed audits of the Brunswick City School District CSD Elwood Union Free School District Pine Valley CSD Port Byron CSD Enlarged CSD of Troy and the True North Rochester …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-audits-0DiNapoli: State Pension Fund Value $178.1 Billion
… markets during a volatile year. The Fund has an estimated value of $178.1 billion. “Despite weak equity markets, the … expected rate of return is 7 percent. The Fund’s value reflects $10.9 billion in benefits paid out during the … years 2014-2015 and 2015-2016. A graph showing the Fund’s value since 1993 is available here: …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionDiNapoli: State Pension Fund Value $210.2 Billion
New York State Comptroller Thomas P DiNapoli today announced the New York State Common Retirement Fund Fund earned an estimated 523 percent return on investments in the state fiscal year SFY that ended on March 31 2019
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionCost-Saving Ideas: School District Auditing - Roles, Responsibilities and Resources
… Request for Proposals (RFP) for External Auditor," - State Education Department For more information New York State Education Department New York State Education Department Office of Professions’ New York …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-roles-responsibilities-and-resourcesTown of Albion – Supervisor’s Records and Reports (2024M-111)
… expenditure budget-to-actual reports were not accurate. For example, the reports did not include $551,134 of real property tax revenue and a $109,000 expenditure for a storage building. In addition, budgetary transfers … as actual expenditures. The Supervisor did not account for payroll-related liabilities, maintain proper cash control …
https://www.osc.ny.gov/local-government/audits/town/2024/11/08/town-albion-supervisors-records-and-reports-2024m-111Comptroller DiNapoli Releases School Audits
… his office completed audits of the Schenectady City School District , Sidney Central School District , Tupper Lake Central School District and the Walton Central School … his office completed audits of the Schenectady City School District Sidney Central School District Tupper Lake …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-auditsCost-Saving Ideas: Capital Planning for Local Governments and School Districts
… department heads, the general public, special interest groups)? After answering these and other questions, you … private sources such as gifts and donations. For projects funded through borrowing, principal and interest payments …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-capital-planning-local-governments-and-school-districtsLaurens Central School District – Budgeting and Reserves (2013M-135)
… operations in an effort to avoid raising unnecessary real property taxes. However, although fund balance was …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/laurens-central-school-district-budgeting-and-reserves-2013m-135Administration and Collection of Real Estate Transfer Taxes (2017-S-88)
To determine if the Department of Taxation and Finance has adequate systems and practices in place to allow it to effectively collect Real Estate Transfer ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-17s88.pdfTown of Putnam – Accounting Records and Reports (2022M-188)
… (OSC), as required . The AUDs were between 91 and 822 days late. Key Recommendations Maintain proper accounting …
https://www.osc.ny.gov/local-government/audits/town/2023/03/10/town-putnam-accounting-records-and-reports-2022m-188Pine Valley Central School District - Financial Management (2019M-35)
… more beneficial to taxpayers. District officials agreed with our findings. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/pine-valley-central-school-district-financial-management-2019m-35Focus on Facts
… Dollars for Broadband Deployment, July 2023 Making Strides on Broadband Affordability, May 2023 Elementary Education / … Learners Programs, September 2024 SFY 2022–2023, Report on Preschool Special Education, August 2024 NYC DOE, School … Outdoors, June 2022 Impact of the Inflation Reduction Act on Clean Energy Investments in NY, March 2025 NYS Clean …
https://www.osc.ny.gov/focus-onAudit Committee Charter Guidance and Template
… of the audit committee charter. Audit Committee Charter Template All italicized sample wording represents statutory … Audit Committee Charter Guidance and Template …
https://www.osc.ny.gov/local-government/publications/audit-committee-charter-guidance-and-templateOpinion 88-12
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC CONTRACTS -- Contracts Not Requiring … 119-o lists several subjects which may be addressed in a cooperation agreement. For example, the cooperation … equitable basis (General Municipal Law, §119-o[2][a]). In addition, the agreement may provide for the manner of …
https://www.osc.ny.gov/legal-opinions/opinion-88-12Town of Owasco – Financial Management and Procurement (2021M-70)
Determine whether the Town of Owasco Town Board Board effectively managed fund balances and reserves for the general water and sewer district funds and has multiyear financial and capital plans
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70Comptroller DiNapoli Releases School Audits
… District , Fonda-Fultonville Central School District , Monroe 2 – Orleans BOCES and the Newcomb Central School … amounts in the district’s accounting software program. Monroe 2 – Orleans Board of Cooperative Educational Services (BOCES) – Software Management (Monroe County) A number of software applications installed on …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-school-audits-0Romulus Central School District - Financial Condition Management and State Transportation Aid (2018M-136)
… 2016-17 budgets overestimated appropriations by an average of 9 percent over these years and did not include more than … plans. District officials retained an annual average of $798,735 in the debt service fund over the past four years … aid in a timely manner. As a result, the receipt of aid totaling approximately $148,672, which could have been …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/05/romulus-central-school-district-financial-condition-management-and-stateBatavia City School District – Information Technology Equipment Inventory (2022M-74)
Determine whether Batavia City School District (District) officials appropriately track and inventory information technology (IT) equipment.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/batavia-2022-74.pdf