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DiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… and mortgages (21.53%), private equity (14.61%), real estate and real assets (13.39%) and credit, absolute return …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterBrighton Central School District – IT Asset Management (S9-22-6)
… safeguarded information technology (IT) assets acquired or in use during the audit period. Key Findings District … officials cannot assure taxpayers that money invested in IT assets has been appropriately spent or safeguarded. We … located. One copier (unknown cost) was not inventoried. In addition, annual inventories were not conducted and …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/brighton-central-school-district-it-asset-management-s9-22-6Sherburne-Earlville Central School District – Financial Management (2024M-61)
… did not adopt a reserve policy to define its rationale for establishing reserve funds, maximum targeted funding …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/sherburne-earlville-central-school-district-financial-management-2024m-61Newfield Central School District – IT Asset Management (S9-22-17)
… not properly accounted for. Specifically: One mini desktop computer ($982) and one laptop ($500) could not be located … two laptops, two iPads, two Chromebooks and one 3D printer with a total cost of approximately $14,410 were not …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/newfield-central-school-district-it-asset-management-s9-22-17Pine Bush Central School District – IT Asset Management (S9-22-21)
… – pdf] Audit Objective Determine whether Pine Bush Central School District (District) officials appropriately tracked, … audit school pine bush IT …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/pine-bush-central-school-district-it-asset-management-s9-22-21South Country Central School District – Enhanced Budget Review (B26-7-4)
… Purpose of Budget Review The objective of the review was to provide an independent evaluation of the adopted budgets … fund budgets. Key Findings The District is on track to incur a 2025-26 fiscal year budget deficit of approximately $8.7 million due to inaccurate estimates in the Board of Education …
https://www.osc.ny.gov/local-government/audits/school-district/2026/04/10/south-country-central-school-district-enhanced-budget-review-b26-7-4Worcester Central School District – Unassigned Fund Balance (2016M-1)
… November 16, 2015. Background The Worcester Central School District is located in the Town of Harpersfield in … Worcester Central School District Unassigned Fund Balance 2016M1 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/worcester-central-school-district-unassigned-fund-balance-2016m-1NYS Common Retirement Fund Reports Second Quarter Results
The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 202021 was 624 percent for the threemonth period ending September 30 2020 and ended the quarter with an estimated value of $2264 billion according to Comptroller DiNapoli
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsOpinion 98-2
… to complete the business at hand (see, e.g., 1981 Opns St Comp No. 81-13, p 13; 1979 Opns St Comp No. 79-717, unreported; OSC Financial Information for … circumstances, the furtherance of public business is the main purpose of the meetings and the food is incidental …
https://www.osc.ny.gov/legal-opinions/opinion-98-2DiNapoli: Fairport Audits Reveal Unauthorized Practices for Economic Development Agencies
… Officials with the Village of Fairport Industrial Development Agency (FIDA) made a series … by State Comptroller Thomas P. DiNapoli. An audit of the Fairport Urban Renewal Agency (FURA) was also released today … records for the FIDA, the FURA and the Village of Fairport Local Development Company (FLDC) – three entities …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-fairport-audits-reveal-unauthorized-practices-economic-development-agenciesAndes Central School District - Cafeteria Operations (2019M-26)
… Determine whether District officials properly managed cafeteria operations. Key Findings School lunch fund … Delaware County school districts. Internal controls over cafeteria cash receipts could be improved. Key … written procedures for collecting and accounting for cafeteria cash receipts. District officials agreed with our …
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/12/andes-central-school-district-cafeteria-operations-2019m-26Mitigation for Extreme Weather Conditions and Flooding (Follow-Up)
… in our initial audit report, Mitigation for Extreme Weather Conditions and Flooding (Report 2022-S-6 ). About the … the impacts of the rapidly changing climate. Severe weather includes thunderstorms, tornadoes, hail, lightning, floods, damaging winds, and severe winter weather. These events can create hazardous travel conditions …
https://www.osc.ny.gov/state-agencies/audits/2026/06/03/mitigation-extreme-weather-conditions-and-flooding-followDiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March … real estate and real assets (13.39%) and credit, absolute return strategies and opportunistic alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnUniversal Pre-Kindergarten Program – Monitoring of Health and Safety Requirements (Follow-Up)
… Purpose To determine the extent of implementation of the two recommendations included in our initial audit report, Universal Pre-Kindergarten Program: … To determine the extent of implementation of the two recommendations included in our initial audit report Universal PreKindergarten Program …
https://www.osc.ny.gov/state-agencies/audits/2018/03/05/universal-pre-kindergarten-program-monitoring-health-and-safety-requirements-followEnvironment, Energy and Agriculture – 2023 Financial Condition Report
… that must purchase allowances and other terms of the auctions are under development by DEC. State Parks In SFY … on electric and gas utilities, or from the proceeds of auctions conducted under the Regional Greenhouse Gas …
https://www.osc.ny.gov/reports/finance/2023-fcr/environment-energy-and-agricultureCharter School for Applied Technologies - Student Enrollment and Billing (2019M-60)
… student enrollment and billings to school districts of residence are accurate and supported. Key Findings Appropriate proof of residency was not on file for 34 of the 60 students in our audit sample (57 percent). The … student enrollment and billings to school districts of residence are accurate and supported …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/06/14/charter-school-applied-technologies-student-enrollment-and-billing-2019mTown of Webb Union Free School District – Fund Balance (2016M-140)
… November 30, 2015. Background The Town of Webb Union Free School District is located in the Town of Webb in Herkimer … Town of Webb Union Free School District Fund Balance 2016M140 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/town-webb-union-free-school-district-fund-balance-2016m-140Avon Central School District – Financial Management (2024M-75)
… School District (District) Board of Education (Board) and District officials effectively managed fund balance and reserves. Key Findings The Board and District officials did not effectively manage fund … Determine whether the Avon Central School District District Board of Education Board and …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/25/avon-central-school-district-financial-management-2024m-75Norwood-Norfolk Central School District – Financial Management (2022M-129)
… million in the New York State and Local Retirement System (NYSLRS) reserve fund, which is enough to fund average … balance to comply with the statutory limit. Ensure the NYSLRS reserve fund is reduced to a reasonable level. Use …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/10/norwood-norfolk-central-school-district-financial-management-2022m-129State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government and school audits were issued
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-1