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Cash Basis Report - July 2024
Comptroller’s Monthly Report on State Funds Cash Basis of Accounting - July 2024
https://www.osc.ny.gov/files/reports/finance/cash-basis/excel/cash-basis-july-2024.xlsxCash Basis Report - July 2024
Comptroller’s Monthly Report on State Funds Cash Basis of Accounting - July 2024
https://www.osc.ny.gov/files/reports/finance/cash-basis/pdf/cash-basis-july-2024.pdfVillage of Millbrook - Financial Operations and Procurement (2018M-135)
… paid almost $1.3 million. The Board did not obtain bids for four purchases totaling $265,429 that required …
https://www.osc.ny.gov/local-government/audits/village/2018/11/30/village-millbrook-financial-operations-and-procurement-2018m-135Town of East Hampton - Budget Review (B21-7-11)
… the significant revenue and expenditure projections in the Town’s tentative budget for the 2022 fiscal year are … and Airport) as a cushion against unforeseen events. However, Town Law authorizes the Town to appropriate … how much it sets aside as a cushion against unforeseen events (e.g., the continued impact of COVID-19). The Town …
https://www.osc.ny.gov/local-government/audits/town/2021/11/08/town-east-hampton-budget-review-b21-7-11Le Roy Central School District – Reserve Funds (2022M-110)
… and District officials properly established and used reserve funds and maintained them at reasonable levels. Key … the Board and District officials properly established reserve funds that have balances totaling $3 million, they did not comply with the District’s reserve policy or transparently fund reserves. In addition, the Board …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/le-roy-central-school-district-reserve-funds-2022m-110Town of Albion – Financial Management (2021M-29)
… finance operations, resulting in the four main operating funds’ combined unrestricted fund balance declining from …
https://www.osc.ny.gov/local-government/audits/town/2021/06/25/town-albion-financial-management-2021m-29XVI.3.B Fund Accounting – XVI. Financial Reporting
… Policy References: GASB Codification Section 1300 – Fund Accounting Process and Document Preparation: New York State has three broad fund categories that are further divided into fund types. A fund type is the grouping of all funds of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingDiNapoli Report Finds Big Five School Districts' Use of Pandemic Aid Reflects Different Priorities
… younger children, the city has yet to identify how it will pay for the entirety of the program’s expected $752 million …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-report-finds-big-five-school-districts-use-pandemic-aid-reflects-different-prioritiesII.4.A Minimum Financial Reporting Requirements – II. New York State Financial Accounting
… Sheet – Governmental Funds (emphasizing major funds) Reconciliation of the Balance Sheet – Governmental Funds to … Balances – Governmental Funds (emphasizing major funds) Reconciliation of the Statement of Revenues, Expenditures, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4a-minimum-financial-reporting-requirementsCollection and Use of Oil Spill Funds (Follow-Up)
… Purpose To assess the extent of implementation of the four … and Spill Compensation Fund (Oil Spill Fund or Fund) to pay for the cleanup and removal of petroleum spills. The …
https://www.osc.ny.gov/state-agencies/audits/2017/12/07/collection-and-use-oil-spill-funds-followDiNapoli: City of Corning Audit Details Stolen Funds
… taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a complaint …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-city-corning-audit-details-stolen-fundsDiNapoli: After-School Provider Misused $194,320 in Public Funds
… Services (SCO), a provider of extended school day programs for the State Education Department (SED), submitted $194,320 in reimbursement claims for expenses that were unnecessary, not allowable or …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-after-school-provider-misused-194320-public-fundsPension Funds Break New Ground on Board Diversity
… Fund has withdrawn the board diversity proposals it filed at the two companies. “Corporations with homogeneous boards … and put their reputations and financial performance at risk,” DiNapoli said. “Investors want their companies to … board diversity,” said Shadé Brown, Sustainability Analyst at Calvert Investments. “We applaud the company’s leadership …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityHannibal Fire Company – Misappropriation of Funds (2023M-59)
… disbursements. As a result, the former Treasurer was able to misappropriate over $850,000 in Company funds during an eight-and-a-half-year period. For example, he was able to: Disburse over $451,000 in unauthorized checks to himself from January 2014 through May 2022. Use a Company …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/07/21/hannibal-fire-company-misappropriation-funds-2023m-59Olean City School District – Reserve Funds (2022M-187)
… established and used reserve funds and maintained them at reasonable levels. Key Findings The Board and District … action to address overfunded reserves. Funding reserves at levels higher than necessary for operations and/or need … Transparently fund reserves and maintain needed reserves at reasonable levels. District officials generally agreed …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/olean-city-school-district-reserve-funds-2022m-187Independent Oversight: OSC's Contract Review Safeguards Public Funds
… billions of dollars may be spent without insight regarding how vendors are selected, and how reasonableness of contract terms are established. The …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsBelfast Central School District – Reserve Funds (2021M-135)
… and District officials properly established and used reserve funds and maintained them at reasonable levels. Key … The Board and District officials properly established reserve funds. However, they did not properly use or maintain … officials: Did not adopt an adequate written reserve fund policy. Did not use the debt reserve, with a balance of …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/10/belfast-central-school-district-reserve-funds-2021m-135DiNapoli Expands State Pension Fund's In-State Investment Program
… New York State Comptroller Thomas P. DiNapoli today announced the … companies and deliver attractive returns to the state pension fund. New York’s $184.5 billion state pension fund, … York’s state pension fund is now one of few public pension funds across the country offering multiple sources of capital …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programSchuyler County – Court and Trust Funds (2021-C&T-1)
… made pursuant to court orders commonly involve surplus money from foreclosures and contract disputes resulting in a … annual basis to the State Comptroller accounting for all money, securities and other properties deposited to courts … not make entries into the surrogate’s register to record money ordered to be paid into a court. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/court-and-trust/2021/12/10/schuyler-county-court-and-trust-funds-2021-ct-1Wyoming County Court and Trust Funds (2020-C&T-2)
… controls to safeguard and account for court and trust funds for the period January 1, 2017 through March 11, 2020. … controls to account for and safeguard court and trust funds and abandoned property. Pursuant to New York State … controls to safeguard and account for court and trust funds for the period January 1 2017 through March 11 2020 …
https://www.osc.ny.gov/local-government/audits/court-and-trust/2020/05/08/wyoming-county-court-and-trust-funds-2020-ct-2