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DiNapoli Releases State Cash Report
… of $8.1 billion in June were stronger than expected, and collections for the first quarter of the fiscal year were … gains in quarterly estimated personal income tax payments and estate and gift taxes. Total tax receipts of $20.6 billion for the …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-releases-state-cash-reportManagement of Cash and Investments
… effectively managed its cash and maximized its return on investments. Our audit scope period was January 1, 2008 … important practices to manage cash and to maximize return on its investment portfolio. However, improvements are needed to …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsDiNapoli Releases August Cash Report
… tax collections were $355.6 million higher than the latest projections and $1.3 billion over initial projections … balance of just under $9.5 billion, $580 million over the latest Financial Plan projection. Other findings from the … from the previous year and $28.9 million higher than the latest projections. Business taxes and other tax receipts …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli Releases April Cash Report
… One month into the state’s 2015-2016 fiscal year, state tax collections totaled $8.6 billion, an increase of … from the prior month. The cash report focuses primarily on the General Fund and All Governmental Funds. The General …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-reportDiNapoli Releases July Cash Report
… in $17.7 million lower than the Division of the Budget’s latest projections but more than $1 billion higher than … billion at the end of July, $25.2 million higher than the latest projections. “Personal Income Tax collections remain … from the previous year and $2.5 million higher than the latest projections. Business tax collections through July …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-releases-july-cash-reportDiNapoli Releases State Cash Report
… from the Enacted Budget, according to the monthly state cash report issued today by New York State Comptroller Thomas … was the case in many states. Other findings from the May cash report include: Consumption and use tax collections … website called Open Book New York ( www.openbooknewyork.com ). … Tax revenues of $39 billion in May were stronger …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportVII.10.H Cash Advance Rollover – VII. State Revenues and Appropriated Loan Receivables
… Typically an agency will choose to transfer advance charges from an appropriation that is due to lapse so … Vendor ID, fund, program, and department assigned to the advance account must be used and can be viewed on the … Voucher pursuant to Section 10.C - Reducing a Cash Advance of this Chapter. Guide to Financial Operations …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10h-cash-advance-rolloverOpinion 2008-6
… This opinion represents the views of the Office of the State Comptroller at the time it was … unused vacation leave payable upon retirement) GENERAL MUNICIPAL LAW § 207-m: If the calculation of the cash payment … by dividing the next subordinate officer's annual salary by an "hourly rate divisor." 1 The collective …
https://www.osc.ny.gov/legal-opinions/opinion-2008-6CUNY Bulletin No. CU-596
… instructions for processing the rate increases, lump sum cash payments and adjustments for miscellaneous earnings. … Electrician Background The rate increases and lump sum cash payments are pursuant to the New York City Comptroller’s … Determination also provides the schedule for the lump sum cash payments. The revised rate chart and additional …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-596-cuny-retroactive-rate-increases-and-lump-sum-cash-paymentTown of Amity - Town Clerk (2018M-183)
… whether the Town Clerk (Clerk) properly accounted for cash receipts. Key Findings We reviewed 184 tax payments … remitted to the appropriate parties in a timely manner. Cash receipts totaling $238,321 were deposited between one … whether the Town Clerk Clerk properly accounted for cash receipts …
https://www.osc.ny.gov/local-government/audits/town/2018/01/11/town-amity-town-clerk-2018m-183Franklin-Treadwell Fire District – Disbursements (2021M-16)
… District (District) officials provided adequate oversight to ensure disbursements were authorized, supported and for … for appropriate District purposes. However, the failure to review disbursement activities increases the risk for … Key Recommendations Provide additional oversight to mitigate the lack of segregation of duties. Establish …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/05/21/franklin-treadwell-fire-district-disbursements-2021m-16Town of Mooers - Cash Management (2020M-36)
… [read complete report - pdf] Audit Objective Determine whether Town … monthly cash flow forecasts that estimate available funds for investment. Ensure available funds are invested in a …
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-cash-management-2020m-36North Patchogue Fire District – Fuel Inventory and Cash Disbursements (2015M-81)
… and safeguarding of fuel inventory and to assess its cash disbursement process for the period January 1, 2013 … … North Patchogue Fire District Fuel Inventory and Cash Disbursements 2015M81 …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/07/17/north-patchogue-fire-district-fuel-inventory-and-cash-disbursements-2015mTown of Rossie – Records and Reports and Cash Disbursements (2013M-168)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial operations for the period … the Board did not have accurate information on which to base its financial decisions. The Supervisor filed the … on an annual basis. The Board has not established a system to ensure that all claims are presented for audit prior to …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-rossie-records-and-reports-and-cash-disbursements-2013m-168XIV.4.B Establishment and Closing of Bank Accounts – XIV. Special Procedures
… agency must obtain authorization from the OSC Bureau of State Accounting Operations Cash Management Unit (BSAO CMU) … operation of the requesting agency, each request must be approved by the Chief Fiscal Officer of the requesting agency … the services to determine if they are justified on a cost benefit basis. Where the cost for the requested services …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4b-establishment-and-closing-bank-accountsHannibal Fire Company – Misappropriation of Funds (2023M-59)
… Ensure claims are supported, audited and approved prior to payment and monitor the Treasurer’s work. Obtain an annual …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/07/21/hannibal-fire-company-misappropriation-funds-2023m-59Rochester Land Bank Corporation – Monitoring Subcontractor Performance (2016M-373)
… 9, 2016. Background The Rochester Land Bank Corporation is a not-for-profit corporation created in 2013 to … plans in the City of Rochester. The Land Bank, which is governed by a seven-member Board of Directors, entered … or profits from the sale of rehabilitated homes. There is no formal process to ensure a thorough and proper audit of …
https://www.osc.ny.gov/local-government/audits/public-authority/2017/04/07/rochester-land-bank-corporation-monitoring-subcontractor-performanceVillage of Sloan – Clerk-Treasurer (2024M-109)
… [read complete report – pdf] Audit Objective Determine whether the Village of Sloan …
https://www.osc.ny.gov/local-government/audits/village/2024/11/15/village-sloan-clerk-treasurer-2024m-109Village of New Hempstead - Clerk-Treasurer's Duties (2018M-202)
… cash receipts and disbursements and performed her duties in accordance with statutes. Key Finding The Board engaged … cash receipts and disbursements and performed her duties in accordance with statutes …
https://www.osc.ny.gov/local-government/audits/village/2019/01/18/village-new-hempstead-clerk-treasurers-duties-2018m-202Town of Ithaca – Justice Court Operations (2021M-13)
… totaling $318,091. There were no recommendations as a result of this audit. … Determine whether the Town of Ithaca …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/04/30/town-ithaca-justice-court-operations-2021m-13