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Town of Nichols – Financial Management (2017M-258)
… of town-wide fund balance and use the excess funds as a financing source for either one time expenditures or to …
https://www.osc.ny.gov/local-government/audits/town/2018/03/02/town-nichols-financial-management-2017m-258South Lewis Central School District – Financial Condition (2016M-83)
… our audit was to review the District’s financial condition for the period July 1, 2014 through September 30, 2015. Background The South Lewis Central School District is located in the Towns of Greig, Leyden, Lyonsdale, Martinsburg, Osceola, Turin, Watson and West Turin, Lewis County. The District, which operates …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/south-lewis-central-school-district-financial-condition-2016m-83Rondout Valley Central School District – Financial Management (2015M-296)
… Key Finding The District’s 2012-13 year-end unrestricted fund balance was 6.5 percent of the ensuing year’s … the 4 percent statutory limit imposed on unrestricted fund balance. The District experienced operating surpluses … by more than $2.5 million and no amount of appropriated fund balance was used to finance operations. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/19/rondout-valley-central-school-district-financial-management-2015m-296Salmon River Central School District – Budgeting Practices and Financial Condition (2014M-251)
… 2014. Background The Salmon River Central School District is located in the Towns of Bangor, Bombay, Fort Covington and … the Saint Regis Mohawk Reservation. The District, which is governed by an elected nine-member Board of Education, …
https://www.osc.ny.gov/local-government/audits/school-district/2014/12/19/salmon-river-central-school-district-budgeting-practices-and-financialCambridge Central School District – Internal Controls Over Extra-Classroom Activity Funds (2014M-63)
… of Cambridge, Easton, Jackson, Salem and White Creek in Washington County and the Towns of Hoosick, Pittstown and Schaghticoke in Rensselaer County. The District is governed by an elected five-member …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/13/cambridge-central-school-district-internal-controls-over-extra-classroomTown of Springport – Financial Management (2014M-329)
… Ratify and legalize the existing building reserve or transfer its money into other reserve funds with the same tax base to the …
https://www.osc.ny.gov/local-government/audits/town/2015/08/14/town-springport-financial-management-2014m-329Town of German Flatts – Fiscal Stress (2015M-217)
… 1, 2014 through May 31, 2015. Background The Town of German Flatts is located in Herkimer County and has a population of approximately 13,000. The Town is governed by a five-member Town Board. Budgeted appropriations for 2015 …
https://www.osc.ny.gov/local-government/audits/town/2015/11/20/town-german-flatts-fiscal-stress-2015m-217Connetquot Central School District - Financial Management (2019M-180)
… District reduced its total fund balance by $12.3 million (20 percent) from June 30, 2017 to June 30, 2019. However, its unassigned fund balance remains at $8 … to initiate corrective action. 1 As per an October 28, 2019 draft of the 2018-19 audited financial statements. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/01/connetquot-central-school-district-financial-management-2019m-180Calculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… a System average rate that does not include employer Group Term Life Insurance (GTLI) owed that fiscal year. Then, the Actuary: …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentPayroll Improvement Project Bulletin No. PIP-016
… Purpose The purpose of this bulletin is to notify agencies of new deduction codes and deduction codes … and/or moved from the General Deduction page (Main Menu > Payroll for North America > Employee Pay Data USA > … All deduction code changes described will be effective at Go Live, scheduled for March 15, 2021. OSC Actions Obsolete …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-016-new-and-changing-deduction-codes-payserv-92DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… Although year-to-date collections continue to lag prior year results, tax … through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the … Although yeartodate collections continue to lag prior year results tax collections through February …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsReport File Transactions (File Upload) – Enhanced Reporting
… In the enhanced report file, you report employee information through transactions. There are four … the Enrollment Dashboard and upload a signed membership application to Retirement Online when you submit your report … using the Enrollment Dashboard. For instructions on hiring employees for the purpose of receiving a NYSLRS ID, …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/report-file-transactions-file-uploadDiNapoli: Federal Relief Funds Should Have Been Better Targeted to Communities Hardest Hit by COVID-19
… under the Coronavirus Aid, Relief and Economic Security (CARES) Act had been distributed among the same local … was allocated based on confirmed cases at the time of the CARES Act legislation becoming law in March, New York City …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-federal-relief-funds-should-have-been-better-targeted-communities-hardest-hit-covid-19DiNapoli: New York City's Budget Benefits From Strong Economic Growth
… working with its unions to hold down the growth in health insurance costs. The city reports that it achieved health insurance savings of $400 million in FY 2015 and has nearly … $1.4 billion in FY 2015. The city added a record 120,000 jobs during calendar year 2014 and is on track to add more …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthLaFargeville Central School District – Financial Condition (2016M-216)
… The Business Manager has developed a long-term planning model used when preparing the District’s annual budget but …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/23/lafargeville-central-school-district-financial-condition-2016m-216Letchworth Central School District – Financial Management (2013M-332)
… through October 2, 2013. Background The Letchworth Central School District (District) is located in the Towns of … Letchworth Central School District Financial Management 2013M332 …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/31/letchworth-central-school-district-financial-management-2013m-332Village of Lyons Falls – Financial Management (2013M-393)
… which comprises the elected Board of Trustees. The general fund’s 2013-14 budget appropriations were approximately … The unexpended surplus funds in the Village’s general fund increased nearly $200,000 (45 percent) over the past … $640,000 as of May 31, 2013. As a result, the general fund’s unexpended surplus funds in 2012-13 reached 182 …
https://www.osc.ny.gov/local-government/audits/village/2014/03/28/village-lyons-falls-financial-management-2013m-393Woodbourne Fire District – Board Oversight (2023M-98)
… and levied taxes that were more than necessary to fund operations. The Board did not: Ensure the … Adopt realistic budgets or maintain reasonable levels of fund balance.The District’s December 31, 2022 fund balance was enough to fund nearly two and a half years …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/12/29/woodbourne-fire-district-board-oversight-2023m-98Request for Withdrawal from Section 384 (PF5094)
For NYSLRS PFRS members to withdraw their election to contribute under the provisions of Section 384 of the Retirement and Social Security Law, permitting retirement after 25 years of allowable police or fire service.
https://www.osc.ny.gov/files/retirement/forms/pdf/pf5094.pdfNorth Colonie Central School District - Extra-Classroon Activity Funds (2019M-144)
… properly accounted for extra-classroom activity (ECA) fund collections and disbursements. Key Findings Student … properly accounted for extraclassroom activity ECA fund collections and disbursements …
https://www.osc.ny.gov/local-government/audits/school-district/2019/09/13/north-colonie-central-school-district-extra-classroon-activity-funds