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Town of Hempstead Sanitary District Number 14 – Board Oversight (2017M-40)
… The Town of Hempstead Sanitary District Number 14 is located in the Town of Hempstead in Nassau County. The District is governed by an elected five-member Board of Commissioners. …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/town-hempstead-sanitary-district-number-14-board-oversight-2017m-40Examples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended December 31, 2002 Business-Type … Internal Service Funds Operating revnues: Charges for services $11,329,883 $1,340,261 $12,670,144 $15,256,164 …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsCounty of Otsego Industrial Development Agency (COIDA) – Oneonta Rail Yards Acquisition (2021M-38)
… - pdf ] Audit Objective Determine whether the County of Otsego Industrial Development Agency (COIDA) adequately planned for the acquisition of the Oneonta Rail Yards property (Rail Yards). Key Findings … of the Rail Yards. The property was acquired based on a $6 million to $20 million development plan, without an …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2022/02/11/county-otsego-industrial-development-agency-coida-oneontaTown of Kent – Procurement and Information Technology (2017M-85)
… 2016 through January 25, 2017. Background The Town of Kent is located in Putnam County and has a population of approximately 14,000. The Town is governed by an elected five-member Town Board. The Town …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-kent-procurement-and-information-technology-2017m-85Village of Riverside – Clerk-Treasurers' Records and Reports (2024M-107)
… As a result, the Board of Trustees’ (Board’s) ability to make informed financial decisions was inhibited because … and the re-levy of unpaid water and sewer charges to the control accounts. The current Clerk-Treasurer did not … file periodic payroll reports or remit withholdings timely to the Internal Revenue Service (IRS) or the New York State …
https://www.osc.ny.gov/local-government/audits/village/2024/11/27/village-riverside-clerk-treasurers-records-and-reports-2024m-107Rhinecliff Fire District – Board Oversight (2024M-154)
… whether the Rhinecliff Fire District (District) Board of Fire Commissioners (Board) provided adequate oversight of District financial activities. Key Findings The Board did not adequately provide oversight of financial operations. As a result, the Board hindered …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/05/16/rhinecliff-fire-district-board-oversight-2024m-154Opinion 91-36
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … any other purpose without specific authorization by the State Legislature ( Brooklyn Park Commissioners v Armstrong , …
https://www.osc.ny.gov/legal-opinions/opinion-91-36DiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… according to a report released today by New York State Comptroller Thomas P. DiNapoli. “The South Bronx was … along with a host of other causes,” said New York State Senator José M. Serrano . “The COVID-19 pandemic only …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesState Comptroller DiNapoli Releases Municipal Audits
… applied for or supported. Property owners received $4,014 in 2019 town tax reductions for these unsupported exemptions. … spending, the state's 180,000 contracts, billions in state payments and public authority data. Visit the …
https://www.osc.ny.gov/press/releases/2021/02/state-comptroller-dinapoli-releases-municipal-auditsHannibal Fire Company – Misappropriation of Funds (2023M-59)
… was able to misappropriate over $850,000 in Company funds during an eight-and-a-half-year period. For example, he … Recommendations Work to seek recovery of misappropriated funds from the Company’s insurance provider and consult with …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/07/21/hannibal-fire-company-misappropriation-funds-2023m-59Performance of the Excelsior Jobs Program
… To determine whether firms that were issued a Certificate of Tax Credit met the eligibility requirements for job growth … the firms must create and maintain specific numbers of new jobs and/or make significant capital investments. Empire … return, these businesses have committed to invest nearly $5.8 billion and create 34,472 jobs in New York State. Key …
https://www.osc.ny.gov/state-agencies/audits/2016/07/07/performance-excelsior-jobs-programOpinion 91-57
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. LIBRARIES -- Finances …
https://www.osc.ny.gov/legal-opinions/opinion-91-57DiNapoli: State Pension Fund Value $194.3 Billion
… New York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionDiNapoli Releases Profile of New York's Small Business Owners
… as the primary source of their income. According to data from the Kauffman Institute, the share of New York’s …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-ownersDiNapoli High-Tech is on the Rise in NYC
… average, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “High-tech firms not … We’re proud that our Common Retirement Fund’s In-State Program has helped many new high-tech firms get off the …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycDebt – 2022 Financial Condition Report
… The debt burden of a governmental entity creates fixed costs that directly … Second Highest in Outstanding Debt Nationwide At the end of SFY 2021-22, the State reported the following debt levels: … Act of 2000 defines State-Supported debt and sets limits on the amount of State-Supported debt outstanding and debt …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtDiNapoli: New York Sees Improvement in Condition of Local Bridges
… One in 10 locally owned bridges in New York state is rated in poor condition, according to a report released today by State Comptroller Thomas P. DiNapoli. The estimated cost for work needed on local bridges in the state in 2023 was approximately $29 billion, according to the …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: MTA Budget Gaps Return
… period of financial stability secured by an infusion of state funds last year, the Metropolitan Transportation … to $652 million in 2028, according to a new report from State Comptroller Thomas P. DiNapoli. Those gaps could grow … programs. The MTA is relying on securing funding in the state budget in the upcoming legislative session. The outcome …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnVirgil Fire District – Internal Controls Over Financial Operations (2012M-329)
… ensure there were proper controls over cash disbursements or ensure the Treasurer was performing her duties properly. … because it is not reviewing monthly bank statements or bank reconciliations, the Board cannot verify if it is …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/17/virgil-fire-district-internal-controls-over-financial-operations-2012m-329Emerging Manager Definition and Life Cycle
… has compiled guidance including a Universal Definition and Life Cycle Stages to assist in consistent screening, monitoring and progression of potential candidates for inclusion in the … an institutional investor-ready firm Sound compliance and operating standards Institutionally-trained professionals …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/emerging-manager-definition-and-life-cycle