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Milford Central School District – Fund Balance Management (2022M-94)
… did not develop and adopt a written multiyear financial plan or fund balance policy. Key Recommendations Reduce … and adopt a comprehensive written multiyear financial plan and fund balance policy. District officials generally agreed with our recommendations and plan to initiate corrective action. … Determine whether the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/26/milford-central-school-district-fund-balance-management-2022m-94Factors Affecting an Employer’s Annual Payment – What Every Employer Should Know
… are on an employer’s payroll, the higher the employer’s annual payment is likely to be. The total number of billable … retirement plans or benefit options results in a higher annual cost. Employers can also choose to offer improved … chooses to provide a special plan for a specific employee group such as police officers or firefighters, the cost will …
https://www.osc.ny.gov/retirement/employers/partnership/factors-affecting-employers-annual-paymentVillage of Scottsville – Budgeting Practices and Financial Condition (2015M-165)
… budgeting practices or a comprehensive multiyear financial plan. Village officials lacked guidance on maintaining … governing budgeting practices and a multiyear financial plan to use in conjunction with the adopted fund balance policy. Develop a plan to accumulate and maintain a reasonable amount of …
https://www.osc.ny.gov/local-government/audits/village/2015/11/13/village-scottsville-budgeting-practices-and-financial-condition-2015m-165Cornwall Central School District – Information Technology (2021M-83)
… technology (IT) policies or a disaster recovery plan. Sensitive IT control weaknesses, including issues … Adopt comprehensive IT policies and a disaster recovery plan. District officials generally agreed with our findings and indicated they plan to initiate corrective action. … Determine whether …
https://www.osc.ny.gov/local-government/audits/school-district/2021/08/20/cornwall-central-school-district-information-technology-2021m-83State Agencies Bulletin No. 1980
… New York City Employee Retirement System (84) for the 2022 plan year is $18,233.00. Affected Employees Tier 6 members of … January 13, 2022. OSC Actions OSC will update the Pension Plan Table in PayServ to reflect the $18,233.00 pensionable … limit with an Effective Date of January 1, 2022 for the plan year. Agency Actions Agencies must notify affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1980-2022-tier-6-overtime-limit-nyc-retirement-systems-nycers-nyctrs-andState Agencies Bulletin No. 1978
… of the 2022 maximum salary limit for ORP and VDC in Tier 6 plan members. Affected Employees ORP and VDC Tier 6 plan members are affected. Background In accordance with … $305,000 for the 2022 calendar year for ORP and VDC Tier 6 plan participants. Effective Dates Effective beginning …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1978-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedCity of Peekskill – Information Technology (2020M-164)
… and loss. Adequate IT policies and a disaster recovery plan were not developed or adopted. Internet usage was not … Adopt comprehensive IT policies and a disaster recovery plan. Provide periodic IT security awareness training to all … agreed with our recommendations and indicated they plan to initiate corrective action. … Determine whether City …
https://www.osc.ny.gov/local-government/audits/city/2021/04/01/city-peekskill-information-technology-2020m-164Hendrick Hudson Central School District - Financial Condition (2019M-24)
… Objective Determine whether District officials adequately plan and monitor the District’s finances to ensure fiscal … District officials have updated their multiyear financial plan but their projections for operating surpluses may be … taken. Key Recommendations Update the multiyear financial plan to consider past trends. Consider more immediate cost …
https://www.osc.ny.gov/local-government/audits/school-district/2019/07/03/hendrick-hudson-central-school-district-financial-condition-2019m-24State Agencies Bulletin No. 1846
… (k) (6) (D) (ii) will increase to $225,000 for the 2020 plan year. Affected Employees Employees who are Tier 6 … PayServ to reflect the Maximum Salary Limit for the 2020 plan year. PayServ will automatically stop NYCTRS, NYCBERS, … will resume in the first paycheck of the following plan year. Questions Questions regarding this bulletin may be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1846-maximum-salary-contribution-limit-tier-6-members-following-new-yorkNorth Rose-Wolcott Central School District – Financial Management (2016M-22)
… $26.6 million. Key Findings There is no written plan that details the appropriate and necessary levels for … Key Recommendations Adopt a comprehensive reserve fund plan that addresses the purpose, accumulation and use of … and adopt a sustainable multiyear financial and capital plan for a three- to five- year period, and make appropriate …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/north-rose-wolcott-central-school-district-financial-management-2016m-22State Agencies Bulletin No. 1241
… met the Ratification Date Criteria but transferred from an eligible bargaining unit prior to that bargaining … the employee receiving a larger retention payment amount. Calculate the correct retention payment amount using the … of overtime; therefore, an overtime adjustment is required. To pay the overtime adjustment to eligible hourly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1241-april-2013-retention-paymentComptroller DiNapoli and A.G. Schneiderman Announce Felony Guilty Plea of Former City of Rensselaer DPW Commissioner for Stealing Scrap Metal Proceeds
… for teaming with two DPW employees to divert $46,000 from the city by pocketing the cash from scrap metals acquired as part of their jobs with the … have expected these employees weren’t pocketing the cash from it for themselves. Using public office for personal gain …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-and-ag-schneiderman-announce-felony-guilty-plea-former-city-rensselaer-dpwDiNapoli Statement on Special Education Provider Guilty Plea in Federal Court
… owner of Bilingual SEIT & Preschool Inc., which stemmed from a referral from DiNapoli’s office. “Cheon Park blatantly enriched … the owner of Bilingual SEIT Preschool Inc which stemmed from a referral from DiNapolis office …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-statement-special-education-provider-guilty-plea-federal-courtDiNapoli: Brooklyn is King of NYC Economic Growth
… faces challenges such as unemployment and the high cost of housing, the borough’s overall economy is flourishing and is … tech ecosystem, and to build and preserve affordable housing so families that built successful neighborhoods can … our STEM education programs and increasing our affordable housing stock. I thank Comptroller DiNapoli and his office …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-brooklyn-king-nyc-economic-growthComptroller DiNapoli Releases Municipal Audits
… complete records to account for the fees collected from each program and did not maintain records of sales or make regular bank deposits for money collected from the soccer concession stand. Longwood Public Library – … optimal return, maintained a minimum number accounts required for operations and periodically sought competition …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-municipal-audits-0XVI.1 Financial Reporting Overview – XVI. Financial Reporting
… accounting and financial reporting principles. From time to time, the GASB will issue statements prescribing … is authorized to obtain additional reports as necessary from independent and quasi-independent bodies such as public … foundations. State agencies also provide additional required financial data to the Comptroller through the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi1-financial-reporting-overviewRed Flags – Improving the Effectiveness of Your Claims Auditing Process
… any claim appears to be out of the ordinary. Even when all required documentation is submitted, remain skeptical, … of original documents Recurring identical amounts from the same vendor Multiple remittance addresses for the … Inconsistent, vague or implausible responses arising from inquiries or analytical procedures Excessive voids or …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/red-flagsTravel Advisory No. 4
… Updated to include that SFS will prevent an employee from creating or saving an expense report if certain … completed. In addition, expense reports must contain all required information and documentation, including receipts where required, prior to being submitted for approval. XIII.2.A …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/4-expense-report-mandatory-header-fieldsTitle V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017 (Follow-Up)
… Title V facilities based on their self-reported emissions from the previous calendar year and bills them annually. The … administer, and enforce the Program. The Department is required to report annually to the Executive, the … costs, and revenues. The State Comptroller’s Office is required to perform a biennial audit of the Program. Our …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balance-eightReimbursement of Homeless Shelter Providers – Rescue Mission Alliance of Syracuse (Follow-Up)
… Objective To determine the extent of implementation of the four … of Homeless Shelter Providers – Rescue Mission Alliance of Syracuse (Report 2021-S-34 ). About the Program The Office of …
https://www.osc.ny.gov/state-agencies/audits/2024/07/26/reimbursement-homeless-shelter-providers-rescue-mission-alliance-syracuse-follow