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Constitutional Debt Limit
… In New York State, there are limits to how much debt a local government or school district can incur. For counties, cities, towns and villages: The debt limit is a percentage of the five-year average full valuation of taxable property …
https://www.osc.ny.gov/local-government/resources/constitutional-debt-limitState Comptroller DiNapoli Releases Municipal Audits
… lacked one or more pieces of supporting documentation to determine eligibility or verify the accuracy of the … renewal forms, income support and military records, to verify taxpayer eligibility. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-municipal-audits-0II.3.D Evaluation – II. New York State Financial Accounting
… is required under Section 8 of the State Finance Law to issue monthly, quarterly, and annual budgetary (cash) basis reports to the Legislature. These reports contain prescribed … DOB is required under Section 22 of the State Finance Law to prepare and issue quarterly financial plan updates on both …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii3d-evaluationDiNapoli Issues Report on Transparency of Village Fiscal Activities
… Thomas P. DiNapoli’s office released a report and series of audits today reviewing compliance by villages with … is required to file an annual financial report (AFR) with the State Comptroller’s office 60 to 120 days after the close … a good job of giving the public a transparent look at how they are spending taxpayer money,” DiNapoli said. “Those …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-issues-report-transparency-village-fiscal-activitiesTown of Orange – Budget Review (B20-2-14)
… [ read complete report - pdf ] Purpose of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the …
https://www.osc.ny.gov/local-government/audits/town/2021/01/08/town-orange-budget-review-b20-2-14Village of Round Lake – Budgeting Practices and Financial Condition (2015M-26)
… the Village’s financial condition and budgeting practices for the period June 1, 2011 through October 31, 2014. … five-member Board of Trustees. Budgeted appropriations for the 2014-15 fiscal year totaled approximately $1.8 … Develop and adopt structurally balanced budgets for the water and sewer funds. Develop a plan to eliminate …
https://www.osc.ny.gov/local-government/audits/village/2015/05/22/village-round-lake-budgeting-practices-and-financial-condition-2015m-26The Monthly Report – Legacy Reporting
… NYSLRS employers report information about employees through Retirement Online … including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/monthly-reportTown of Jefferson – Selected Financial Operations (2014M-332)
… Purpose of Audit The purpose of our audit was to examine selected financial … the collection of water rents and disbursement of Town funds. … The purpose of our audit was to examine selected …
https://www.osc.ny.gov/local-government/audits/town/2015/03/13/town-jefferson-selected-financial-operations-2014m-332DiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… is the fourth quarter in a row that overall collections have dropped statewide year-over-year. From April 2020 … 27.1 percent decline seen from April to June 2020, when many businesses were shut down during the first wave of the … Soften While the Rest of the State Sees Growth Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021DiNapoli: Former Town of Minerva Clerk Pleads Guilty
… fraud was exposed." DiNapoli said. "I thank Essex County District Attorney Kristy Sprague and the New York State …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-former-town-minerva-clerk-pleads-guiltyPartial Lump Sum Payment – State Police Plan
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … pension payment, at the end of the month following your retirement month. Eligibility To be eligible for the PLS … 25-year plan; Have been eligible to retire with a service retirement benefit for at least one year before your date of …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentPartial Lump Sum Payment – Special 20- and 25-Year Plans
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … pension payment, at the end of the month following your retirement month. Eligibility To be eligible for the PLS … 25-year plan; Have been eligible to retire with a service retirement benefit for at least one year before your date of …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentDiNapoli: Audit Reveals Theft of Cash, Questionable Spending by Minetto Volunteer Fire Dept. Chief
… with the fire company’s money,” said DiNapoli. “Residents trust public officials to safeguard their tax dollars and …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-theft-cash-questionable-spending-minetto-volunteer-fire-dept-chiefAs Personal Income Tax Checkoffs Increase in Number, Disbursements Lag for Most Funds
Of the 42 states that impose a personal income tax, nearly all allow taxpayers to make charitable contributions through checkoffs on their personal income tax (PIT) returns.
https://www.osc.ny.gov/files/reports/pdf/tax-checkoffs-2024.pdfVillage of Sharon Springs – Water Accountability (2014M-148)
… Purpose of Audit The purpose of our audit was to review the Village’s water operations for the period June 1, 2012 … year totaled $686,730. Key Finding Village officials do not adequately monitor water operations. Key …
https://www.osc.ny.gov/local-government/audits/village/2014/09/26/village-sharon-springs-water-accountability-2014m-148Village of Endicott – Budget Review (B4-16-7)
… Purpose of Budget Review The purpose of our budget review was to … tentative budgets for the next fiscal year to the State Comptroller for review while the deficit obligations are … The Village has adopted a local law to override the tax levy limit. Key Recommendation Address the deficits in the …
https://www.osc.ny.gov/local-government/audits/village/2016/04/15/village-endicott-budget-review-b4-16-7DiNapoli Announces Results of General Obligation Bond Sale: $329,225,000 Awarded
… Comptroller Thomas P. DiNapoli today awarded three series of New York State General Obligation Bonds totaling … $329,225,000 through a competitive sale. Specifically, the sales were $142,555,000 of Series 2015A Tax-Exempt Bonds, … on a cash flow basis and $26.8 million on a net present value basis over the life of the bonds. The bonds are …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-announces-results-general-obligation-bond-sale-329225000-awardedVillage of Solvay – Financial Management (2023M-49)
… complete report – pdf] Audit Objective Determine whether the Village of Solvay (Village) Board of Trustees (Board) and officials monitored budgets and managed the electric fund’s financial condition. Key Findings The …
https://www.osc.ny.gov/local-government/audits/village/2023/07/14/village-solvay-financial-management-2023m-49Town of Deerpark – Budget Review (B6-16-18)
… in the Town’s preliminary budget for the 2017 fiscal year are reasonable. Background The Town of Deerpark, located in … State Comptroller for review while the deficit obligations are outstanding. Key Findings Based on the results of our … revenue and expenditure projections in the proposed budget are reasonable. The amount of appropriated fund balance in …
https://www.osc.ny.gov/local-government/audits/town/2016/11/10/town-deerpark-budget-review-b6-16-18Town of Deerpark – Budget Review (B6-15-23)
… in the Town’s preliminary budget for the 2016 fiscal year are reasonable. Background The Town of Deerpark, located in … State Comptroller for review while the deficit obligations are outstanding. Key Findings Based on the results of our … revenue and expenditure projections in the proposed budget are reasonable. The amount of appropriated fund balance in …
https://www.osc.ny.gov/local-government/audits/town/2015/11/06/town-deerpark-budget-review-b6-15-23