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Chester Union Free School District – Financial Management and Board Oversight (2016M-95)
… District officials did not maintain the District’s fund balance in accordance with statutory requirements and did not use the excess fund balance to reduce real property taxes or other … Key Recommendations Ensure that the amount of unrestricted fund balance is in compliance with the statutory limit and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/chester-union-free-school-district-financial-management-and-boardBrushton-Moira Central School District – Financial Condition (2015M-340)
… Lawrence County. The District, which operates one school with approximately 800 students, is governed by an elected … the amount of unrestricted fund balance is in compliance with statutory limits. Develop a multiyear financial plan and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/11/brushton-moira-central-school-district-financial-condition-2015m-340Monticello Central School District – Budgeting (2014M-97)
… Purpose of Audit The purpose of our audit was to evaluate the District’s … 2, 2013. Background The Monticello Central School District is located in the Towns of Bethel, Fallsburgh, Forestburgh, … Mamakating and Thompson in Sullivan County. The District is governed by an elected nine-member Board of Education and …
https://www.osc.ny.gov/local-government/audits/school-district/2014/09/05/monticello-central-school-district-budgeting-2014m-97Finger Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program (2022M-36)
… properly managed and monitored the revolving loan fund program. Key Findings The Board did not properly manage and monitor the revolving loan fund program. As a result, the Board cannot ensure the loan … for managing and monitoring the revolving loan fund program. Except as specified in Appendix A, officials …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2022/07/08/finger-lakes-horizon-economic-development-corporationVillage of Liberty – Budget Review (B4-14-9)
… 2014-15 budget totals $3.7 million for the general fund, over $940,000 for the water fund, almost $1 million for the sewer fund and over $820,000 for the sanitation fund. Key Findings …
https://www.osc.ny.gov/local-government/audits/village/2014/04/16/village-liberty-budget-review-b4-14-9Implications for the Future – 2023 Financial Condition Report
… The Economic Outlook: Uncertainty Remains Looking ahead, … than not. These factors include persistent inflation, the effects of elevated interest rates due to Federal Reserve … recovery relative to the nation will heighten those risks. For example, nearly three years after the end of …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureNew York’s Economy and Finances in the COVID-19 Era
… the beginning of the COVID-19 pandemic. The 2.8 percentage point improvement in the unemployment rate was the second … map below. New Jersey led the nation with a 4.4 percentage point decline. Unfortunately, a deeper dive into the Bureau … declined by nearly 363,000 last month, a 2.3 percentage point drop from August (based on preliminary figures), while …
https://www.osc.ny.gov/reports/covid-19-october-28-2020Ulster County – Financial Condition (2014M-27)
… Purpose of Audit The purpose of our audit was to review the County’s financial condition for the period of … which states that fund balance should be maintained at 5 to 10 percent of current operating expenditures. Key …
https://www.osc.ny.gov/local-government/audits/county/2014/05/09/ulster-county-financial-condition-2014m-27Hornell City School District - Financial Management (2019M-38)
… operating surpluses negating the use of appropriated fund balance. Certain reserve balances were excessive. … Recommendations Discontinue the practice of appropriating fund balance that is not needed or used to fund operations. Review reserve balances and develop a plan …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/hornell-city-school-district-financial-management-2019m-38State Agencies Bulletin No. 826
… (Administration) Background Pursuant to Chapter 114 of the Laws of 2008 which implements the new 2007-2011 Agreement … and the Public Employees Federation (PEF) and provides for retroactive increases to Overtime Meal, Hazardous Duty … Duty differential to $.75 per hour and Hazard Duty OT to $1.13 per hour effective 3/29/07 (Institution) or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/826-april-1-2007-retroactive-increases-hazardous-duty-pay-overtime-mealFuture Forward Internship Academy
… stated track preferences. Internship Details Dates May 21, 2026 - August 14, 2026 Eligibility Students must be completing their sophomore, … required documentation online and by mail by February 17, 2026 . Submit online application including resume, writing …
https://www.osc.ny.gov/jobs/internsDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local government revenue, according to a comprehensive report on local sales … and operations, revealing the statewide impact of the revenue losses from the pandemic. “COVID-19 has decimated …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsCity of Ogdensburg – Budget Review (B3-16-20)
… one that proposed borrowing $1 million for general fund operating expenses and a tax rate increase of 10.55 … balance. There is no statutory authority for the City to borrow for operating expenses, as offered in one preliminary … relies on a significant amount of interfund revenues from both the water and sewer funds. On October 11, 2016, the …
https://www.osc.ny.gov/local-government/audits/city/2016/12/07/city-ogdensburg-budget-review-b3-16-20Rensselaer City School District – Internal Controls Over Extra-Classroom Activity Funds (2013M-153)
… management and recordkeeping of the activity fund or for closing inactive clubs. The District has an internal … has not been provided to the District’s central treasurer or faculty advisors. The District’s internal auditor audited …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/06/rensselaer-city-school-district-internal-controls-over-extra-classroomFrontier Central School District – Financial Condition and Mobile Devices (2013M-297)
… The District reported $195,355 of unexpended surplus fund balance remaining as of June 30, 2013. Given the size of … compensation reserve funds were inappropriately used to fund other unrelated general fund operating costs. The District’s last multiyear financial …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/28/frontier-central-school-district-financial-condition-and-mobile-devicesTown of Clarkson – Budgeting and Board Oversight (2013M-339)
… Purpose of Audit The purpose of our audit was to review the Town’s budgeting practices and Board oversight for the … The purpose of our audit was to review the Towns budgeting practices and Board oversight for the …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-clarkson-budgeting-and-board-oversight-2013m-339Opinion 89-9
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … the opinion. ABANDONED AND LOST PROPERTY -- Compensation of Employees (disposition of unclaimed paycheck of deceased … Concerning the disposition of an unclaimed paycheck of a deceased county employee who …
https://www.osc.ny.gov/legal-opinions/opinion-89-9DiNapoli Offers Proposal to Encourage Better Local Government Budgeting
… The bill would provide reimbursement from the state to municipalities for costs incurred for hiring financial advisors to assist in … goals, and take into consideration the impact of near-term budgeting decisions on future fiscal years. It also allows …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-offers-proposal-encourage-better-local-government-budgetingSpencerport Central School District – Employee Benefits (2025M-65)
… to an OSC Audit Report , which you received with the draft audit report. The CAP should be posted on the …
https://www.osc.ny.gov/local-government/audits/school-district/2025/09/19/spencerport-central-school-district-employee-benefits-2025m-65Opinion 98-9
… for the collection of such fees and charges, or formulate rules and regulations for the collection thereof by the … the collection of such fees and charges or may formulate rules and regulations for the collection thereof by the … assessed against the properties within the district on an ad valorem basis (see 1993 Opns St Comp No. 93-26, p 46). …
https://www.osc.ny.gov/legal-opinions/opinion-98-9