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Village of Franklin – Fund Balance Management (2018M-13)

… 10, 2017. Background The Village of Franklin is located in the Town of Franklin in Delaware County and has a population of approximately 375. The Village is … policy. The Clerk-Treasurer did not provide the Board with adequate financial reports. Key Recommendations Develop …

https://www.osc.ny.gov/local-government/audits/village/2018/05/04/village-franklin-fund-balance-management-2018m-13

Columbia County – Payroll (2014M-121)

… complete and certify their hours worked on a time record. Payroll duties were not properly segregated. The auto-pay payroll system resulted in payments to part-time attorneys …

https://www.osc.ny.gov/local-government/audits/county/2014/08/14/columbia-county-payroll-2014m-121

Saranac Lake Central School District – Financial Management and Extra-Classroom Activities (2017M-274)

… students. Budgeted appropriations for the 2017-18 fiscal year total approximately $30.5 million. Key Findings … was almost $4.8 million, or 15.6 percent of the ensuing year’s budgeted appropriations, exceeding the 4 percent …

https://www.osc.ny.gov/local-government/audits/school-district/2018/03/30/saranac-lake-central-school-district-financial-management-and-extra

Aloma D. Johnson Charter School – Leave Accruals (2017M-218)

… 24, 2017. Background The Aloma D. Johnson Charter School is a public school located in the City of Buffalo that is not under the control of the local school board. The school, which is governed by a five-member Board of Trustees, had …

https://www.osc.ny.gov/local-government/audits/charter-school/2017/12/29/aloma-d-johnson-charter-school-leave-accruals-2017m-218

Center Moriches Union Free School District – Medicaid Reimbursements (2017M-174)

… 1,650 students. Budgeted appropriations the 2016-17 fiscal year totaled approximately $41.2 million. Key Findings The …

https://www.osc.ny.gov/local-government/audits/school-district/2017/12/22/center-moriches-union-free-school-district-medicaid-reimbursements-2017m

Quogue Union Free School District – Financial Condition Management (2017M-196)

… 30, 2017. Background The Quogue Union Free School District is located in the Town of Southampton in Suffolk County. The District, which is governed by a Board of Education, has approximately 110 … reserve to determine whether the amount retained is necessary and reasonable. … Quogue Union Free School …

https://www.osc.ny.gov/local-government/audits/school-district/2017/12/01/quogue-union-free-school-district-financial-condition-management-2017m

City of Watertown – Information Technology (2017M-184)

… fund budgeted appropriations for the 2016-17 fiscal year totaled $42 million. Key Findings The Council did not …

https://www.osc.ny.gov/local-government/audits/city/2017/12/01/city-watertown-information-technology-2017m-184

Middletown Enlarged City School District – Financial Condition (2017M-245)

… The Middletown Enlarged City School District is located in the City of Middletown and Towns of Goshen, Wallkill and Wawayanda in Orange County. The District, which is governed by a … The Board appropriated $27 million of fund balance in District budgets for the last five years, but only $1.4 …

https://www.osc.ny.gov/local-government/audits/school-district/2018/02/16/middletown-enlarged-city-school-district-financial-condition-2017m-245

Jordan-Elbridge Central School District – Financial Condition Management (2017M-241)

… fund budgeted appropriations for the 2016-17 fiscal year totaling approximately $29 million. Key Findings The …

https://www.osc.ny.gov/local-government/audits/school-district/2018/01/26/jordan-elbridge-central-school-district-financial-condition-management

Vested Retirement Benefit – En-Con Police Officers Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age … benefit is payable for your lifetime. You may elect one of several payment options to provide for a continuing … to a designated beneficiary of your choosing after your death. Filing To receive your vested retirement benefit at …

https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefit

Vested Retirement Benefit – Special 20- and 25-Year Plans

… retirement benefit is 1.66 percent of your FAE for each year of service credit. The benefit is payable for life, and …

https://www.osc.ny.gov/retirement/publications/1517/vested-retirement-benefit

Vested Retirement Benefit – State Police Plan

… retirement benefit is 1.66 percent of your FAE for each year of service credit. The benefit is payable for life, and …

https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefit

Apalachin Fire District – Oversight of Financial Operations (2013M-25)

… purpose of our audit was to assess the oversight of the District’s financial operations for the period January 1, … 2012, to February 4, 2013. Background The Apalachin Fire District is a district corporation of the State, distinct and …

https://www.osc.ny.gov/local-government/audits/fire-district/2013/05/10/apalachin-fire-district-oversight-financial-operations-2013m-25

Department of Taxation and Finance: Personal Income Tax

… Purpose The objective of our examination was to determine whether personal income tax refunds approved by the Department of Taxation and … appropriate and processed in accordance with applicable New York State tax laws and regulations. We examined refunds …

https://www.osc.ny.gov/state-agencies/audits/2018/07/26/department-taxation-and-finance-personal-income-tax

Oakfield Fire Department – Apparent Misuse of Funds (2014M-187)

… Purpose of Audit The purpose of our audit was to evaluate the Department’s internal controls over financial … Board of Directors, provides fire protection services to Village residents. Expenses for the 2013 fiscal year … approximately $56,500. Key Findings The Board failed to establish adequate internal controls or provide oversight …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/02/03/oakfield-fire-department-apparent-misuse-funds-2014m-187

Village of Northville – Joint Youth Activity Program (2016M-339)

… and had expenditures of approximately $37,000 for fiscal year 2015-16. Key Findings Bank statements and …

https://www.osc.ny.gov/local-government/audits/joint-activity/2016/12/09/village-northville-joint-youth-activity-program-2016m-339

SUNY Bulletin No. SU-173

… employee making deferrals in excess of their IRS calendar year limit. Questions Questions regarding this bulletin may …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-173-expanded-eligibility-suny-403b-tax-sheltered-annuity-plans

Retiring with an Outstanding Loan – Special 20- and 25-Year Plans

… . You cannot pay off your loan once you retire. The amount of your annuity reduction will be based on your age, … . You cannot pay off your loan once you retire. The amount of your pension reduction will be based on your age, … The approximate reductions are for calendar year 2024. The amount of the reduction changes annually. Age at …

https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loan