Search

… same time period, the District increased the real property tax levy by more than $325,000. The District has not … surplus fund balance is in compliance with Real Property Tax Law statutory limits. Develop a multiyear plan that …

https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/wainscott-common-school-district-financial-condition-2013m-268

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest … Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the …

https://www.osc.ny.gov/reports/covid-19-october-14-2020

Village of Monticello – Financial Condition (2020M-107)

… Village’s financial condition. As a result, the Village is fiscally stressed. The Village’s total fund balance will …

https://www.osc.ny.gov/local-government/audits/village/2020/12/23/village-monticello-financial-condition-2020m-107

Town of Sherburne – Budgeting (2025M-3)

… funds, which are the general fund town-wide (TW), highway fund TW, general fund town-outside-village (TOV) and … During the audit period, the Board adopted budgets for the general fund TW, highway fund TW and highway fund TOV … which underestimated revenues in total by $3.1 million for the highway fund TOV and $257,000 for the general fund …

https://www.osc.ny.gov/local-government/audits/town/2025/04/18/town-sherburne-budgeting-2025m-3

Meridale Rural Fire District - Management of Fund Balance (2018M-178)

… which could fund over three years’ worth of expenditures. On average, actual expenditures were 39 percent less than … that reflect the District’s operating needs based on historic trends, contracts or other projections. Develop … issue. Appendix B includes our comment on the issue raised in the District’s response. …

https://www.osc.ny.gov/local-government/audits/fire-district/2018/11/30/meridale-rural-fire-district-management-fund-balance-2018m-178

Pine Valley Central School District - Financial Management (2019M-35)

… complete report - pdf] Audit Objective Determine whether the Board and District officials properly managed finances by … and surplus fund balance were reasonable. Key Findings The Board overestimated appropriations by a total of almost … surplus fund balance totaled $2.4 million, 15 percent of the 2018-19 budgeted appropriations, exceeding the statutory …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/pine-valley-central-school-district-financial-management-2019m-35

Medina Central School District - Tax Collection (2019M-151)

… District officials did not provide sufficient oversight of the tax collection process. The Treasurer did not perform a timely reconciliation of tax collection activities, resulting in undetected errors … deposited, intact. Ensure there is sufficient oversight of the tax collection process. Perform a reconciliation of …

https://www.osc.ny.gov/local-government/audits/school-district/2020/01/03/medina-central-school-district-tax-collection-2019m-151

State Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget

… of the pandemic and the long road back to normal. Today, in releasing its preliminary 2022 budget, the city took … drop. We have not seen property tax collections decline in more than 20 years and never at these levels. … city’s largest and most stable resource, but weaknesses in the real estate market could impact this revenue for years …

https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budget

Opinion 98-16

… ASSESSMENTS -- Certiorari Proceedings (timing for return to general fund of excess moneys in school district reserve … initial deposit, but no later than on that date. You ask how long a school district must hold moneys paid into a tax … v Gulotta , 72 NY2d 363, 373, 534 NYS2d 108, 113). As to how long moneys must be held in the fund, section 3651(1-a) …

https://www.osc.ny.gov/legal-opinions/opinion-98-16

Town of Milton – Financial Records and Reports and Sales Tax Revenues (2014M-357)

… with real property located in the Village of Ballston Spa receiving an extra benefit from distributed sales tax …

https://www.osc.ny.gov/local-government/audits/town/2015/03/20/town-milton-financial-records-and-reports-and-sales-tax-revenues-2014m-357

Village of Sherman – Treasurer’s Cash Receipts (2019M-39)

… Key Findings The former Treasurer did not record and deposit collections in an accurate manner. The former Treasurer did not deposit more than $20,000 in recorded real property taxes, water, sewer and general …

https://www.osc.ny.gov/local-government/audits/village/2022/04/22/village-sherman-treasurers-cash-receipts-2019m-39

State Comptroller DiNapoli Releases Municipal Audits

… audits have been issued. Town of Freetown – Records and Reports (Cortland County) The three supervisors from 2016 through audit fieldwork in 2018 neither maintained nor required the bookkeeper to maintain complete, accurate and up-to-date accounting records and reports. They also did …

https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-municipal-audits

State Comptroller DiNapoli Releases Municipal Audits

… funds. The board gave taxpayers the impression that real property taxes were levied to finance general town … from 2018 through 2021, the board levied additional real property taxes in each general fund (town-wide and …

https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-releases-municipal-audits

OUR OFFICE

OUR OFFICE

TOOLS

TOOLS

INITIATIVES

INITIATIVES

HELP

HELP

How would you rate our website?

Search

Thank you for subscribing to the Comptroller's Weekly Newsletter!

How would you rate our website?

Thank you for subscribing to the Comptroller's Weekly Newsletter!