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Lansing Fire District – Financial Condition (2013M-80)
… December 31, 2012. Background The Lansing Fire District is a district corporation of the State, distinct and separate … Use the surplus fund balance identified in this report in a manner that benefits District taxpayers. Establish … adjust them accordingly as circumstances change. Establish a reasonable fund balance target based on the District’s …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/05/lansing-fire-district-financial-condition-2013m-80New York State Comptroller Thomas P. DiNapoli On Governor Cuomo's 2014 State Of The State Address
… Governor Cuomo today set forth a strong agenda for New York State in 2014. His leadership and vision have pushed New York in a positive direction. Over the past …
https://www.osc.ny.gov/press/releases/2014/01/new-york-state-comptroller-thomas-p-dinapoli-governor-cuomos-2014-state-state-addressVillage of Morris – Fund Balance (2017M-58)
… expenditures, funding needed reserves and reducing real property taxes. Adopt budget estimates for revenues and …
https://www.osc.ny.gov/local-government/audits/village/2017/06/09/village-morris-fund-balance-2017m-58Village of Sidney – Financial Activities (2023M-14)
… did not properly monitor selected financial activities. As a result, total general fund balance for fiscal year-end … were overstated by $288,510 and liabilities by $434,929 in fiscal year 2021-22. Two capital project funds and three … funds have negative fund balances that may require a transfer from the general fund to pay remaining …
https://www.osc.ny.gov/local-government/audits/village/2023/05/19/village-sidney-financial-activities-2023m-14Jamestown City School District – Fund Balance and Reserves (2022M-97)
… Adopt budgets that include reasonable estimates for appropriations, appropriated fund balance and reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/23/jamestown-city-school-district-fund-balance-and-reserves-2022m-97Friendship Central School District – Fund Balance and Reserves (2022M-55)
… Adopt budgets that include reasonable estimates for appropriations, appropriated fund balance and reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/22/friendship-central-school-district-fund-balance-and-reserves-2022m-55Norwood-Norfolk Central School District – Financial Management (2022M-129)
… tax levy or to fund needed reserves. Maintained $3 million in the New York State and Local Retirement System (NYSLRS) … to $2.1 million. Did not use $0.9 million restricted in a debt reserve to pay related debt as required. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/10/norwood-norfolk-central-school-district-financial-management-2022m-129DiNapoli: School District Tax Levy Cap at 2% for Third Straight Year
… Property tax levy growth for school districts and 10 of the state’s cities will be capped at 2%, the same as last … Note: Allowable levy growth is expressed as a percentage. List of allowable tax levy growth factors for all local governments Property Tax Cap: Inflation and …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearVillage of Fleischmanns – Financial Condition and Clerk-Treasurer’s Duties (2017M-30)
… 5, 2016. Background The Village of Fleischmanns is located in the Town of Middletown in Delaware County and has a population of approximately 350. The Village is governed by …
https://www.osc.ny.gov/local-government/audits/village/2017/06/23/village-fleischmanns-financial-condition-and-clerk-treasurers-duties-2017m-30Town of Putnam – Accounting Records and Reports (2022M-188)
… and reports, as required, in a complete, accurate, up to date or timely manner . Without reliable accounting … Board (Board) cannot make sound financial decisions. Due to the Supervisor’s lack of oversight of the former … agreed with our recommendations and indicated they planned to take corrective action. Appendix B includes our comments …
https://www.osc.ny.gov/local-government/audits/town/2023/03/10/town-putnam-accounting-records-and-reports-2022m-188Village of Nichols – Financial Condition (2013M-50)
… to 2011-12 the Village had unforeseen expenditures of $89,500 for increased water costs and major flood damage. Because … in four of those five years totaling approximately $120,500, of which $50,064 was Federal and State aid for the reimbursement of …
https://www.osc.ny.gov/local-government/audits/village/2013/06/07/village-nichols-financial-condition-2013m-50Village of Nelsonville – Financial Operations (2012M-242)
… 31, 2012. Background The Village of Nelsonville is located in Putnam County and has a population of 628 residents. The … governed by an elected Board of Trustees which comprises a Mayor and two Trustees. Budgeted appropriations for the …
https://www.osc.ny.gov/local-government/audits/village/2013/03/29/village-nelsonville-financial-operations-2012m-242Village of South Floral Park – Budgeting and Financial Oversight (2021M-5)
… to fund operations each year. The Board failed to hold budget hearings before April 15 each year (from two to … did not adopt a fund balance policy. Key Recommendations Hold public hearings on or before April 15. Adopt realistic …
https://www.osc.ny.gov/local-government/audits/village/2021/07/16/village-south-floral-park-budgeting-and-financial-oversight-2021m-5Town of Porter – Capital Projects (2013M-352)
… general fund-townwide, where they can be used to reduce real property taxes and finance operations. The Supervisor is …
https://www.osc.ny.gov/local-government/audits/town/2014/02/28/town-porter-capital-projects-2013m-352Town of Argyle – Town Clerk and Budgeting (2012M-231)
… review internal controls over the Clerk’s office and the Town’s budgeting practices for the period January 1, 2010, to … Key Findings The previous Clerk used the Town’s credit card to charge personal items totaling $8,347, did not …
https://www.osc.ny.gov/local-government/audits/town/2013/03/11/town-argyle-town-clerk-and-budgeting-2012m-231Town of Bovina – Internal Controls Over Cash Receipts and Disbursements (2012M-237)
… 2012 budget appropriations were $936,700 funded primarily with real property taxes, water and sewer charges, and State … Town checks. Periodically compare the approved warrants with the checks cleared, as shown on the bank statements, and …
https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-bovina-internal-controls-over-cash-receipts-and-disbursements-2012m-237Valhalla Union Free School District – Financial Condition (2015M-333)
… funds to unrestricted fund balance, where allowed by law, or to other, necessary reserves established and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/25/valhalla-union-free-school-district-financial-condition-2015m-333Lowville Academy and Central School District – Financial Condition (2015M-220)
… Lowville Academy and Central School District is located in the Towns of Denmark, Greig, Harrisburg, Lowville, … New Bremen, Pinckney, Turin, Watson and West Turin in Lewis County. The District, which operates one school with … unassigned fund balance has more than doubled as a result. District officials have not developed adequate …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/27/lowville-academy-and-central-school-district-financial-condition-2015mHunter-Tannersville Central School District – Financial Condition (2013M-376)
… of our audit was to assess the School District’s financial condition for the period July 1, 2010 through June 30, 2013. … unappropriated fund balance is in compliance with Real Property Tax statutory limits. Closely monitor the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/hunter-tannersville-central-school-district-financial-condition-2013m-376Lyncourt Union Free School District – Financial Condition (2016M-62)
… The Lyncourt Union Free School District is located in the Town of Salina, Onondaga County. The District, which … budgets for the three-year period that appropriated a total of $810,000 in fund balance to finance District operations, but none of …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/lyncourt-union-free-school-district-financial-condition-2016m-62