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Town of Yorkshire – Financial Management (2021M-109)
… adopted realistic budgets, maintained reasonable levels of fund balance and properly planned for equipment replacement. … and adopt realistic budgets, maintain reasonable levels of fund balance or properly plan for equipment replacement. The … and underestimated revenues. As a result, unrestricted fund balance in the four major operating funds increased by …
https://www.osc.ny.gov/local-government/audits/town/2021/11/19/town-yorkshire-financial-management-2021m-109Village of Wurtsboro – Financial Operations (2017M-71)
… funds totaled $762,250. Key Findings The Board relied on fund balance as a financing source rather than using … revenue to finance recurring expenditures. The general fund borrowed an average of $95,300 from the water fund to maintain operations in the last three years. The …
https://www.osc.ny.gov/local-government/audits/village/2017/11/10/village-wurtsboro-financial-operations-2017m-71Massapequa Union Free School District – Budget Practices and Reserve Funds (2017M-113)
… by an elected five-member Board of Education. General fund budgeted appropriations for the 2016-17 fiscal year were … totaling $24.9 million. The Board appropriated fund balance totaling $3.1 million from the 2012-13 to the … may be overfunded. Key Recommendations Adopt general fund budgets that include realistic appropriation estimates. …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/20/massapequa-union-free-school-district-budget-practices-and-reserve-fundsGreater Amsterdam School District – Financial Condition (2016M-110)
… totaled approximately $65 million. Key Findings Unassigned fund balance exceeded the 4 percent legal limit at the end of … did not develop a multiyear financial plan to manage its fund balance and reserves. Key Recommendations Maintain levels of general fund unrestricted fund balance within statutory limits and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/greater-amsterdam-school-district-financial-condition-2016m-110Middleburgh Central School District – Financial Condition (2013M-206)
… comprises five elected members. The District’s general fund budget for the 2013-14 fiscal year is approximately … long-term financial plan to address how they will fund the budgets without the continued use of fund balance. Key Recommendations Carefully consider the …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/22/middleburgh-central-school-district-financial-condition-2013m-206Washingtonville Central School District – Reserve Funds (2014M-45)
… Background The Washingtonville Central School District is located in the Town of Blooming Grove, including the … and part of the Towns of Cornwall, Hamptonburgh and New Windsor in Orange County. The District operates five schools …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/06/washingtonville-central-school-district-reserve-funds-2014m-45General Brown Central School District – Financial Condition (2014M-216)
… audit was to examine the District’s financial condition for the period July 1, 2013 through March 31, 2014. … with approximately 1,550 students. Budgeted appropriations for the 2014-15 fiscal year total approximately $21 million. … of fund balance and reserves while limiting tax increases, resulting in a deficit unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/24/general-brown-central-school-district-financial-condition-2014m-216Eldred Central School District – Financial Condition and Cafeteria Operations (2014M-204)
… District’s financial condition in the general and school food service funds and to evaluate internal controls over the … fund balances to precariously low amounts. The school food service fund has not been self-sufficient and has … savings measures and revenue enhancements for the school food service fund. Segregate duties of the staff involved in …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/17/eldred-central-school-district-financial-condition-and-cafeteriaTown of Mount Pleasant – Financial Condition (2013M-303)
… of our audit was to examine the Town’s financial condition for the period January 1, 2012, to August 13, 2013. … Town Supervisor. The Town’s budgeted appropriations for all funds in 2012 were approximately $39.9 million and … to the Board relying on fund balance as a financing source for operations. The Board did not adopt a policy, or ensure …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-mount-pleasant-financial-condition-2013m-303State Comptroller DiNapoli Statement on New York City Budget & Financial Plan
… some good fortune and more proactive planning, but it can do more to prepare for ongoing uncertainty and boost its … vacancies at major agencies , both opportunities I have highlighted in recent months. Stronger than projected … New York State Comptroller Thomas P DiNapoli released the following statement on Mayor Adams …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-statement-new-york-city-budget-financial-planTown of Hempstead Sanitary District No. 2 – Financial Condition and Procurement (2016M-388)
… adopt a policy to address the level of unrestricted fund balance to be maintained or a multiyear financial plan. The … that appropriated $1.6 million of unrestricted fund balance between 2013 and 2015, none of which was used. The … Adopt a policy to address the level of unrestricted fund balance to be maintained and develop a multiyear financial …
https://www.osc.ny.gov/local-government/audits/district/2017/03/17/town-hempstead-sanitary-district-no-2-financial-condition-and-procurement-2016mTown of Black Brook – Financial Condition of Sewer and Water Districts (2012M-216)
… 31, 2012. Background The Town of Black Brook is located in Clinton County and has approximately 1,500 residents. The …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-black-brook-financial-condition-sewer-and-water-districts-2012m-216Comptroller DiNapoli Releases Municipal Audits
… his office completed audits of the Town of Blooming Grove , Village of Cayuga Heights , Greenville Fire District … spent appropriately and effectively.” Town of Blooming Grove – Board Oversight Over Recreation Cash Receipts (Orange … his office completed audits of the Town of Blooming Grove Village of Cayuga Heights Greenville Fire District 1 …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-0Northport - East Northport Union Free School District - Extra-Classroom Activity Fund (2021M-167)
… The District did not have proper procedures or a faculty auditor. Collections totaling $5,767 were not …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/northport-east-northport-union-free-school-district-extra-classroomWhite Plains City School District – Financial Management (2020M-71)
… realistic budgets and maintained reasonable levels of fund balance and reserve funds. Key Findings The Board and … adopt realistic budgets or maintain reasonable levels of fund balance. However, reserves were generally funded at … reasonable levels and within legal limits. The District’s fund balance over the past five years grew to $97.9 million, …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71Genesee Valley Board of Cooperative Educational Services – Reserve Funds (2022M-39)
… established reserve funds, they did not transparently fund the reserves or use or maintain reserve funds at … were needed or reasonable. Did not adopt a written reserve fund policy. Adopting a reserve policy provides transparency … Key Recommendations Adopt a comprehensive written reserve fund policy. Review all reserve balances to determine whether …
https://www.osc.ny.gov/local-government/audits/boces/2022/07/08/genesee-valley-board-cooperative-educational-services-reserve-funds-2022m-39Pawling Central School District – Selected Financial Activities (2012M-185)
… in Dutchess and Putnam counties. The District is governed by the Board of Education, which comprises seven elected …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/08/pawling-central-school-district-selected-financial-activities-2012m-185Town of Wethersfield – Town Clerk and Highway Operations (2013M-21)
… unpaid dog licenses and report any unpaid fees to the Animal Control Officer for enforcement. Adopt a purchasing …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-wethersfield-town-clerk-and-highway-operations-2013m-21Comptroller DiNapoli Releases Municipal Audits
… State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Alton Fire District , Village … “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … State Comptroller Thomas P DiNapoli today announced his office completed audits of the Alton Fire District Village of …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-1Village of Waverly – Financial Condition (2014M-137)
… develop and adopt realistic, structurally balanced general fund budgets, since fund balance was used as a recurring revenue source. Key … Recommendation Continue to closely monitor the level of fund balance and ensure that budgets are structurally …
https://www.osc.ny.gov/local-government/audits/village/2014/08/15/village-waverly-financial-condition-2014m-137