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Transportation – 2023 Financial Condition Report
… Highway Conditions Improve Slightly for the Third Year in a Row The State is responsible for maintaining more … than 42,700 lane miles of highway. Compared to the prior year, the number of highway lane miles rated poor to fair …
https://www.osc.ny.gov/reports/finance/2023-fcr/transportationVillage of Clayville – Board Oversight (2015M-115)
… Board. Budgeted appropriations for the 2014-15 fiscal year were approximately $491,000. Key Findings The … report within 60 days of the close of each fiscal year. Conduct or arrange for an audit of the …
https://www.osc.ny.gov/local-government/audits/village/2015/10/23/village-clayville-board-oversight-2015m-115Selected Employee Travel Expenses
… employees was appropriate, we audited travel expenses for the highest-cost travelers in the State as well as other … $206,494. Key Findings We found that the travel expenses for the four Office employees selected for audit were documented and adhered to State travel rules …
https://www.osc.ny.gov/state-agencies/audits/2013/01/10/selected-employee-travel-expensesVillage of Oxford – Water Accountability, Claims Audit and Information Technology (2017M-79)
… Trustees. Budgeted appropriations for the 2016-17 fiscal year totaled approximately $1.7 million. Key Findings The … or approximately 71 percent of the water pumped in fiscal year 2015-16. The Board did not perform an effective claims audit to …
https://www.osc.ny.gov/local-government/audits/village/2017/07/21/village-oxford-water-accountability-claims-audit-and-information-technology-2017mCarthage Central School District – Financial Condition (2014M-138)
… School District is located in the Towns of Champion, Le Ray, Rutland and Wilna in Jefferson County and the Towns …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/01/carthage-central-school-district-financial-condition-2014m-138XI.12.D Closing Contracts – XI. Procurement and Contract Management
… Only the Office of the State Comptroller (OSC) can close a contract in the Statewide Financial System (SFS), regardless of whether the contract was subject to OSC …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsVillage of Liberty – Budget Review (B4-14-9)
… in the Village’s tentative budget for the 2014-15 fiscal year are reasonable. Background The Village of Liberty’s … sewer rents revenue amount to be consistent with current year usage adjusted for the change in rates. … Village of …
https://www.osc.ny.gov/local-government/audits/village/2014/04/16/village-liberty-budget-review-b4-14-9Village of Brushton – Fiscal Oversight (2014M-235)
… Purpose of Audit The purpose of our audit was to review the Village’s internal controls over financial …
https://www.osc.ny.gov/local-government/audits/village/2014/11/21/village-brushton-fiscal-oversight-2014m-235Town 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 … to submit their preliminary budgets for the next fiscal year to the State Comptroller for review while the deficit … 21 and 50 percent, respectively, of the projected year-end fund balance. The continued reliance on appropriated …
https://www.osc.ny.gov/local-government/audits/town/2015/11/06/town-deerpark-budget-review-b6-15-23Canton Central School District – Financial Condition (2013M-287)
… general fund budgeted expenditures for the 2012-13 fiscal year were approximately $23.2 million. Key Findings We … budget-to-actual comparison reports throughout the year to monitor the budget and approved budget transfers at …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/canton-central-school-district-financial-condition-2013m-287Examples from GASB Statement 34 - Statement of Net Assets
… GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting Standards Board, 401 Merritt 7, …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-net-assetsFairport Public Library – Financial Management (2014M-354)
… Trustees. Budgeted appropriations for the 2014-15 fiscal year total approximately $2.6 million. Key Findings Library … fund balance has increased to 64 percent of the ensuing year’s budget as of the end of the fiscal year in 2014. Key Recommendations Implement claims audit …
https://www.osc.ny.gov/local-government/audits/library/2015/06/12/fairport-public-library-financial-management-2014m-354Town of Columbus – Budget Development Practices (2012M-225)
… to assess the financial condition of the Town’s general and highway funds to determine if the budgets were reasonable … five-member Town Board, comprising the Town Supervisor and four Council members, governs the Town. The Town’s annual … the 2012 fiscal year is $770,000. Key Findings The Board and Supervisor did not develop sound budgets based on actual …
https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-columbus-budget-development-practices-2012m-225Tully Central School District – Financial Management (2016M-359)
… Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $19.7 million. Key Findings The … multiyear financial and capital plan for a three- to five- year period that addresses the District’s use of fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2017/01/13/tully-central-school-district-financial-management-2016m-359County of Cortland – Departmental Operations (2013M-157)
… The County’s budgeted expenditures for the 2013 fiscal year are $123.1 million. Key Findings County officials are … overtime. The County could save from $44,000 to $177,000 a year depending on the number of additional officers hired in …
https://www.osc.ny.gov/local-government/audits/county/2013/08/13/county-cortland-departmental-operations-2013m-157Alexandria Central School District – Financial Condition (2016M-5)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/25/alexandria-central-school-district-financial-condition-2016m-5Mount Morris Central School District – Financial Condition (2014M-328)
… students. Budgeted appropriations for the 2014-15 fiscal year total approximately $13.9 million. Key Findings District … its progress, against operating results, throughout the year and address any significant variances in a timely …
https://www.osc.ny.gov/local-government/audits/school-district/2015/06/12/mount-morris-central-school-district-financial-condition-2014m-328Churchville-Chili Central School District – Financial Management (2015M-354)
… audit was to evaluate the District’s financial management for the period July 1, 2012 through September 23, 2015. … nine-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $79.5 … the limit in each year. The Assistant Superintendent for Business provides the Board with an annual reserve report …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/08/churchville-chili-central-school-district-financial-management-2015m-354Bradford Central School District – Financial Management (2016M-253)
… Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $8.8 million. Key Findings The … to raise the tax levy by an average of 2 percent each year or a total of $350,000 over the last three years. When …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/07/bradford-central-school-district-financial-management-2016m-253Eldred Central School District – Budget Review (B4-15-3)
… evaluation of the District’s proposed budget for the 2015-16 fiscal year. Background The Eldred Central School District, located … Counties, has a tentative budget for fiscal year 2015-16 of approximately $16.6 million. Key Findings Except for …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/08/eldred-central-school-district-budget-review-b4-15-3