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Alfred-Almond Central School District - Financial Management (2019M-131)

Determine whether the Board and District officials properly managed fund balance

https://www.osc.ny.gov/local-government/audits/school-district/2019/09/06/alfred-almond-central-school-district-financial-management-2019m-131

Lake George Central School District – Internal Controls Over Payroll (2013M-122)

… July 1, 2011, through January 31, 2013. Background The Lake George Central School District is located in the Village of Lake George and the Towns of Lake George, Queensbury, Bolton, and Fort Ann in Warren and … Lake George Central School District Internal Controls Over …

https://www.osc.ny.gov/local-government/audits/school-district/2013/08/02/lake-george-central-school-district-internal-controls-over-payroll-2013m

Town of Marathon – Transparency of Fiscal Activities (S9-25-21)

… of the accounts in a ledger kept by double entry, with the debit and credit balances shown in separate columns. If the totals of the debit and credit columns are equal, the ledger from which the …

https://www.osc.ny.gov/local-government/audits/statewide-audit/2026/03/13/town-marathon-transparency-fiscal-activities-s9-25-21

Ogdensburg City School District – Payroll (2016M-250)

Ogdensburg City School District Payroll 2016M250

https://www.osc.ny.gov/local-government/audits/school-district/2016/09/09/ogdensburg-city-school-district-payroll-2016m-250

Elmont Union Free School District – Financial Condition (2017M-82)

… December 31, 2016. Background The Elmont Union Free School District is located in the Town of Hempstead in Nassau … Elmont Union Free School District Financial Condition 2017M82 …

https://www.osc.ny.gov/local-government/audits/school-district/2017/07/21/elmont-union-free-school-district-financial-condition-2017m-82

Cornwall Central School District – Financial Condition (2015M-148)

… 30, 2015. Background The Cornwall Central School District is located in Orange County in the Villages and Town of … schools, with approximately 3,200 students. The District is governed by an elected nine-member Board of Education. The …

https://www.osc.ny.gov/local-government/audits/school-district/2015/08/28/cornwall-central-school-district-financial-condition-2015m-148

Understanding Your GASB Report – Governmental Accounting Standards Board

… For additional terms and descriptions, refer to the Governmental Accounting Standards Board (GASB) website … of net assets by the government, which is applicable to a future reporting period. It has a negative effect on net … of net assets by the government, which is applicable to a future reporting period. It has a positive effect on net …

https://www.osc.ny.gov/retirement/employers/gasb/understanding-your-gasb-report

Bath Central School District – Reserves (2016M-401)

… 30, 2016. Background The Bath Central School District is located in the Towns of Avoca, Bath, Cameron, Thurston, … operates three schools with approximately 1,500 students, is governed by a seven-member Board of Education. Budgeted … the amounts reserved and the cash restricted for reserves is properly accounted for, necessary and reasonably funded. …

https://www.osc.ny.gov/local-government/audits/school-district/2017/01/27/bath-central-school-district-reserves-2016m-401

DiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies

… New York State Comptroller Thomas P. DiNapoli today announced … shareholder proposals and other initiatives as part of the New York State Common Retirement Fund’s (Fund) ongoing … threaten the reputation and success of companies,” said New York City Comptroller Brad Lander , who co-filed two of …

https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companies

Hawthorne Cedar Knolls Union Free School District – Internal Controls Over Wire Transfers (2016M-183)

… The Hawthorne Cedar Knolls Union Free School District is located in Westchester County. The District, which serves … with the Jewish Board of Family and Children Services, is governed by an appointed seven-member Board of Education. … not developed written procedures for wire transfers; there is also a lack of segregation of duties in the wire transfer …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/hawthorne-cedar-knolls-union-free-school-district-internal-controls-over

Oswego City School District - Separation Payments (2021M-194)

… with a credit of $18,087 to be used toward her future health insurance coverage and a $2,908 separation payment. However, …

https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/oswego-city-school-district-separation-payments-2021m-194

Beacon City School District – Information Technology (2023M-143)

… adequately managed. Key Findings District officials did not ensure network user accounts were adequately managed. … to District officials, we found that officials did not: Disable 281 unneeded network user accounts of the 1,280 … accounts reviewed, the oldest of which was last used to log into the network in June 2012 as of September 21, 2021. …

https://www.osc.ny.gov/local-government/audits/school-district/2024/03/15/beacon-city-school-district-information-technology-2023m-143

Cohoes City School District – Budgeting (2016M-111)

… Purpose of Audit The purpose of our audit was to examine the District’s budgeting practices to determine if District officials properly managed fund … and planned uses of reserve funds. Use surplus funds to fund one-time expenditures, fund needed reserves or reduce …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/cohoes-city-school-district-budgeting-2016m-111

Comptroller DiNapoli, Manhattan D.A. Bragg Announce Guilty Plea of Former NYU Director of Finance for Major Fraud

… an approximately $3.5 million 6-year fraud relating to two New York University (“NYU”) programs. TAPPE used her … Equity and Transformation of Schools (the “Metro Center”) to divert approximately $3.5 million intended for minority … women owned businesses. She ultimately routed $3.3 million to bank accounts held by two shell companies TAPPE created, …

https://www.osc.ny.gov/press/releases/2024/02/comptroller-dinapoli-manhattan-da-bragg-announce-guilty-plea-former-nyu-director-finance-major-fraud

North Merrick Union Free School District - Purchasing (2018M-87)

… payments to 22 vendors totaling $153,597 that required quotes and found that District officials obtained the required number of quotes. We selected 10 vendors who were paid a combined total …

https://www.osc.ny.gov/local-government/audits/school-district/2018/08/03/north-merrick-union-free-school-district-purchasing-2018m-87

Plainview-Old Bethpage Central School District – Financial Condition (2015M-89)

… 31, 2014. Background The Plainview-Old Bethpage Central School District is located in the Town of Oyster Bay, Nassau … PlainviewOld Bethpage Central School District Financial Condition 2015M89 …

https://www.osc.ny.gov/local-government/audits/school-district/2015/07/31/plainview-old-bethpage-central-school-district-financial-condition-2015m

Richfield Springs Central School District – Financial Condition (2014M-83)

… has accumulated excessive balances in reserve funds that can be used to offset budgetary shortfalls in the near term. Key Recommendations Continue to monitor the … Review all reserve balances to determine the amounts that can be used to fund operations and the balances that …

https://www.osc.ny.gov/local-government/audits/school-district/2014/08/01/richfield-springs-central-school-district-financial-condition-2014m-83

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