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IX.6.F Agency Draw Procedures – IX. Federal Grants
… or the check is cashed by the recipient and clears the bank. Until such time reimbursement is received from the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6f-agency-draw-proceduresComptroller DiNapoli Releases Municipal Audits
… did not deposit all funds intact. The coordinator held cash to pay vendors and reimburse staff who purchased … $4,730 were not documented. These payments were made in cash and no receipts were provided at the time of service. City of Yonkers – Internal Controls Over Cash Collections (Westchester County) The clerk’s office …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-audits-1Town of Florida – Town Clerk Operations (2012M-215)
… Key Recommendations Record each tax payment received in a cash receipts journal itemizing the payment date, taxpayer … statements. Record the payee names and amounts in the cash receipts journal and ensure that the dates received in the cash receipts journal correspond to the days of collection …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-florida-town-clerk-operations-2012m-215Examples from GASB Statement 34 - Sample City Statement of Net Assets Proprietary Funds
… Totals Internal Service Funds ASSETS Current assets: Cash and cash equivalents $8,416,653 $369,168 $8,785,821 $3,336,099 … 372,703 12,522,110 3,783,468 Noncurrent assets: Restricted cash and cash equivalents 1,493,322 1,493,322 Capital …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34CUNY Bulletin No. CU-596
… Job Data page, using the next available sequence number. Reporting Retroactive Adjustments for All …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-596-cuny-retroactive-rate-increases-and-lump-sum-cash-paymentXIV.4.B Establishment and Closing of Bank Accounts – XIV. Special Procedures
… Agency Request It is the agency’s responsibility to request to establish a bank … request to determine if the establishment of the account is consistent with all relevant rules, regulations, and statutes, and to determine if the account is necessary for its operations. To ensure that each new …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4b-establishment-and-closing-bank-accountsSweet Home Central School District – Financial Management (2016M-207)
… Purpose of Audit The purpose of our audit was to review the District’s financial … Sweet Home Central School District is located in the Towns of Amherst and Tonawanda in Erie County. The District, which …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/16/sweet-home-central-school-district-financial-management-2016m-207C.H. Evans Hook and Ladder Company No. 3 – Missing Funds (2013M-194)
… funds during the period October 2009 to December 2012. In addition, during this period, the President made …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/01/ch-evans-hook-and-ladder-company-no-3-missing-funds-2013m-194Town of Lockport – Justice Court (2018M-36)
… accurate monthly accountability to reconcile the Court’s cash assets and outstanding liabilities for any of the … analyses are prepared on a monthly basis. All cash on hand and on deposit in the bank should be compared to … bail held and disbursed is maintained and reconciled with cash in the bail account monthly, and report and remit …
https://www.osc.ny.gov/local-government/audits/justice-court/2018/07/13/town-lockport-justice-court-2018m-36Niagara Wheatfield Central School District – Financial Condition (2014M-364)
… $7.7 million in the 2013-14 fiscal year to pay for principal and interest costs on outstanding debt. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/10/niagara-wheatfield-central-school-district-financial-condition-2014m-364East Hampton Housing Authority – Board Oversight (2017M-33)
… have not adopted policies and procedures to ensure that cash receipt, cash disbursement and bank reconciliation duties are … Adopt written policies to ensure that the duties for cash receipts, disbursements and bank reconciliations are …
https://www.osc.ny.gov/local-government/audits/public-authority/2017/03/24/east-hampton-housing-authority-board-oversight-2017m-33Town of Coldspring – Town Clerk Operations (2013M-137)
… Purpose of Audit The purpose of our audit was to evaluate the … duplicate receipts for cash collected, accurately record all transactions, remit moneys due to the Supervisor … Clerk inappropriately inter-mingled her personal financial activity with the Town’s business. The Board also did not …
https://www.osc.ny.gov/local-government/audits/town/2013/08/09/town-coldspring-town-clerk-operations-2013m-137Nanticoke Volunteer Fire Department – Misappropriation of Funds (2015M-3)
… not review bank statement activity. No one ensured that cash receipts were properly recorded or that collections were … should have developed procedures to help ensure that all cash disbursements were approved prior to payment and that … should have developed procedures to help ensure that all cash receipts, including fundraising receipts, were properly …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2016/03/25/nanticoke-volunteer-fire-department-misappropriation-fundsTown of Porter – Capital Projects (2013M-352)
… the remaining money to the appropriate operating fund. Cash balances, which total $953,000, should be recorded in … that they had not established future plans for this cash. The Supervisor is accounting for park operations in the … 30, 2013, the capital projects fund held $39,600 in cash from park operations. Key Recommendations Monitor the …
https://www.osc.ny.gov/local-government/audits/town/2014/02/28/town-porter-capital-projects-2013m-352Copiague Fire District – Cash Disbursements (2019M-225)
Determine if the Board ensured that the cash disbursements process was adequately segregated and cash disbursements were adequately supported and for legitimate District purposes.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/copiague-fire-district-2019-225.pdfDiNapoli Releases State Cash Report
… Budget Financial Plan, according to the monthly state cash report issued today by New York State Comptroller Thomas … of large audit receipts. Other findings from the June cash report include: Consumption and use tax collections … DiNapoli's office issues a state cash report every month identifying actual state revenues and …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-releases-state-cash-reportManagement of Cash and Investments
… Transportation Authority effectively managed its cash and maximized its return on investments. Our audit scope … Findings MTA follows certain important practices to manage cash and to maximize return on its investment portfolio. … are needed to provide the best assurances that cash and investments are optimally managed and available …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsDiNapoli Releases August Cash Report
… August projections, according to the monthly state cash report issued today by State Comptroller Thomas P. … period was $473.2 million below projections. “The state’s cash position has improved further in recent months, largely … Financial Plan projection. Other findings from the August cash report include: Personal income tax receipts through the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli Releases July Cash Report
… than originally forecasted, according to the monthly state cash report issued today by New York State Comptroller Thomas … since April remains strong. Other findings from the July cash report include: Consumption and use tax collections … and was in line with the latest projections. The July cash report can be found here: …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-releases-july-cash-reportDiNapoli Releases April Cash Report
… the Budget (DOB) projections, according to the April state cash report released today by State Comptroller Thomas P. … influenced April receipts.” Other findings from the April cash report include: PIT receipts through April totaled $6.7 … settlement revenue. DiNapoli's office issues a state cash report every month identifying actual state revenues and …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-report