Search
DiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… performed well over the past year despite the challenges in the market,” DiNapoli said. “We achieved a solid return on … 11.2% Private Equity 9.2% 7.5% Real Estate 10.4% 6.4% TIPS* 3.3% 5.2% Global Equities 4.4% 4.9% Absolute Return … Alternatives 7.0% 0.7% Real Assets** N/A 0.2% *Treasury Inflation-Protected Securities **Funded during …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionOversight of Telemental Health Services (Follow-Up)
… of TMH and TMH practitioners. OMH also issued a blanket attestation for providers to complete that wished to offer … health providers eligible to offer TMH were approved to do so beyond the declared COVID-19 disaster emergency, leaving 307 providers potentially unable to do so. We also found that OMH’s practice of analyzing TMH …
https://www.osc.ny.gov/state-agencies/audits/2022/12/06/oversight-telemental-health-services-followVillage of Addison – Payroll (2024M-12)
… – pdf] Audit Objective Determine whether the Village of Addison (Village) Board of Trustees (Board) ensured that the Clerk-Treasurer … and fiscal duties and responsibilities (see Village of Addison – Board Oversight (2024M-8) ). The Board did not … Determine whether the Village of Addison Village Board of Trustees Board ensured that the …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-payroll-2024m-12Town of Cohocton – Procurement (2025M-13)
… Generally, municipal purchases should be made in the best interest of the taxpayers. One of the best methods for helping ensure that goods and services are …
https://www.osc.ny.gov/local-government/audits/town/2025/07/03/town-cohocton-procurement-2025m-13City of Troy – Budget Review (B5-16-15)
… Purpose of Audit The purpose of our budget review was to determine whether the significant … the 2017 fiscal year are reasonable. Background The City of Troy, located in Rensselaer County, issued debt totaling … City of Troy Budget Review B51615 …
https://www.osc.ny.gov/local-government/audits/city/2016/11/03/city-troy-budget-review-b5-16-15Town of Throop – Highway Department (2021M-115)
… loss and misuse. Retain documentation related to scrap metal sales or account for sales totaling $1,277. Key …
https://www.osc.ny.gov/local-government/audits/town/2024/05/03/town-throop-highway-department-2021m-115Town of Burke – Fiscal Oversight (2016M-277)
… June 30, 2016. Background The Town of Burke is located in Franklin County and has a population of approximately … reports. The Board did not audit and approve claims in accordance with Town Law for 20 of the 100 check … with adequate monthly financial reports. Ensure that no claim against the Town, other than those allowed under Town …
https://www.osc.ny.gov/local-government/audits/town/2016/11/10/town-burke-fiscal-oversight-2016m-277Town of Springport – Financial Management (2014M-329)
… Ratify and legalize the existing building reserve or transfer its money into other reserve funds with the same tax …
https://www.osc.ny.gov/local-government/audits/town/2015/08/14/town-springport-financial-management-2014m-329Town of Wright – Financial Operations (2014M-277)
… taxes. The Board did not ensure that purchases were at the best price and that all disbursements were for proper Town …
https://www.osc.ny.gov/local-government/audits/town/2015/04/10/town-wright-financial-operations-2014m-277Town of Kiantone – Town Clerk (2014M-273)
… totaled $559,156. Key Findings The Clerk did not remit all property tax penalties and interest due the Supervisor. The …
https://www.osc.ny.gov/local-government/audits/town/2015/02/20/town-kiantone-town-clerk-2014m-273Town of Ira – Financial Management (2014M-280)
… 1, 2013 through November 13, 2014. Background The Town of Ira is located in Cayuga County and has a population of …
https://www.osc.ny.gov/local-government/audits/town/2015/02/27/town-ira-financial-management-2014m-280Town of Huron – Financial Management (2014M-367)
… Purpose of Audit The purpose of our audit was to review the Town’s financial management, budget practices and … The purpose of our audit was to review the Towns financial management budget practices and resultant …
https://www.osc.ny.gov/local-government/audits/town/2015/06/05/town-huron-financial-management-2014m-367Town of Reading – Financial Management (2013M-217)
… Therefore, at the end of 2011 the Board decided to transfer an additional $55,000 from the highway town-wide … for cash balances by fund continually. If needed, separate bank accounts for each fund could be established. Reestablish …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-reading-financial-management-2013m-217Town of Dickinson – Fiscal Oversight (2014M-337)
… 30, 2014. Background The Town of Dickinson is located in Franklin County and has a population of approximately 825. …
https://www.osc.ny.gov/local-government/audits/town/2015/02/20/town-dickinson-fiscal-oversight-2014m-337Town of Niskayuna – Water Operations (2013M-328)
… our audit was to review the Town’s internal controls over water operations for the period January 1, 2012 through March … residents. The Town’s 2013 budgeted appropriations for the water fund totaled approximately $3.9 million. Key Findings … little oversight of the Receiver of Taxes and Assessments’ water function duties. The Comptroller did not record …
https://www.osc.ny.gov/local-government/audits/town/2014/05/23/town-niskayuna-water-operations-2013m-328SFY 2025-26 Temporary Municipal Assistance Appropriation
Chapter 53 of the Laws of 2025, Temporary Municipal Assistance Appropriation
https://www.osc.ny.gov/files/local-government/data/pdf/sfy-25-26-temporary-municipal-assistance-appropriation.pdfTown of Stanford – Former Comptroller’s Records and Reports (2022M-33)
Determine whether the former Town Comptroller (Comptroller) adequately performed the financial recordkeeping and reporting duties required of this position.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/stanford-2022-33.pdfAccounting for Encumbrances
This presentation will explain the purpose of encumbrances, when they should be used and the benefits of a properly established encumbrance system. We will also discuss the necessary accounting entries and the impact of encumbrances on the budget.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-for-encumbrances-060326.pdfCounty of Rockland – Budget Review (B18-6-11)
… review was to determine whether the significant revenue and expenditure projections in the County’s proposed budget for the 2019 fiscal year are reasonable. Background The … during which it was authorized to issue obligations and for each subsequent fiscal year during which the deficit …
https://www.osc.ny.gov/local-government/audits/county/2018/11/05/county-rockland-budget-review-b18-6-11Village of Hempstead – Budget Review (B7-14-4)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and … for the next fiscal year to the State Comptroller for review while the deficit obligations are outstanding. Key Findings Based on the results of our review, we found that the significant revenue and expenditure …
https://www.osc.ny.gov/local-government/audits/village/2014/04/01/village-hempstead-budget-review-b7-14-4