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Town of Schaghticoke – Budgeting (2013M-239)
… Key Findings The Board routinely relied on unexpended surplus funds to finance town-wide general, and certain water … revenues to fund expenditures. As a result, unexpended surplus funds declined in the town-wide general fund, two … fund. Town officials stated they appropriated unexpended surplus funds to keep the tax levy and user rates stable. …
https://www.osc.ny.gov/local-government/audits/town/2013/12/06/town-schaghticoke-budgeting-2013m-239Honeoye Falls-Lima Central School District – Financial Management and Competitive Procurement (2016M-124)
… operating surpluses. When adding back unused appropriated fund balance, the District’s unrestricted fund balance exceeded the statutory limit each year. Two of the District’s six general fund reserves are overfunded or potentially unnecessary. The …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/26/honeoye-falls-lima-central-school-district-financial-management-andCity of Long Beach - Budget Review (B19-7-4)
… deficit in the City’s general fund and certain other funds as of June 30, 2012. Local Finance Law requires all …
https://www.osc.ny.gov/local-government/audits/city/2019/05/10/city-long-beach-budget-review-b19-7-4Cost-Saving Ideas: Legal Requirements
… or more "banks" or "trust companies" for deposit of public funds and for the securing of public deposits. Section 11 … certain temporary investment of moneys not required for immediate expenditure. Section 39 requires the adoption, by … 5-a authorizes local government officers to transfer funds electronically, subject to conditions. Section 99-b …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsDiNapoli: MTA Budget Continues to Face Serious Risks
… 2023 as it relies increasingly on borrowing to finance its capital needs, leaving a smaller share of revenue for other priorities and hindering budget flexibility during an economic setback, according to a report released today by State Comptroller Thomas P. DiNapoli. “The MTA’s ambitious …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksComptroller DiNapoli and Attorney General James Announce Guilty Plea of Mount Vernon Mayor Richard Thomas
… the Second Degree, a class A misdemeanor. The guilty plea is in satisfaction of an indictment filed in Westchester … McManus. The Attorney General’s Investigations Division is led by Acting Chief Investigator John Reidy. Assisting in … Chief Auditor Sandy Bizzarro. The Forensic Audit Section is led by Chief Auditor Edward J. Keegan, Jr. Also assisting …
https://www.osc.ny.gov/press/releases/2019/07/comptroller-dinapoli-and-attorney-general-james-announce-guilty-plea-mount-vernon-mayor-richardMedicaid – Federal Funding and New York
… OSC analysis FIGURE 2 – Medicaid Revenue by Department FY 2026 Preliminary Budget (in millions) Department FY 2025 FY 2026 Human Resources Adm $ 249.9 $ 247.2 Dept of Education … expenses. The State caps the local share of Medicaid at calendar year 2015 levels, which is estimated to provide …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/medicaid-nycOpinion 92-23
… to use a portion of real property of the district which is not needed for district purposes, although the remainder … right to cancel if the leased portion of the property is needed for district purposes at a future date, and such … terms and conditions in the public interest. This is in reply to your letter asking several questions regarding …
https://www.osc.ny.gov/legal-opinions/opinion-92-23City of Geneva – Financial Management (2015M-105)
… Purpose of Audit The purpose of our audit was to assess the City officials’ financial management for the … The Common Council is the legislative and governing body. Budgeted appropriations for 2015 total approximately …
https://www.osc.ny.gov/local-government/audits/city/2015/08/28/city-geneva-financial-management-2015m-105Town of Palatine – Town Clerk/Tax Collector and Financial Management (2017M-101)
… Collector maintained adequate records and deposited collections intact and timely and whether the Board … Findings The Clerk did not maintain adequate records of collections and did not deposit collections intact and timely. The Board did not adequately …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-palatine-town-clerktax-collector-and-financial-management-2017m-101City of Glens Falls – Water and Wastewater System Cybersecurity (2017M-117)
… Purpose of Audit The purpose of our audit was to determine whether officials adequately safeguarded electronic access to the City’s water and wastewater systems for the period … alerts. Provide cybersecurity awareness training to City employees. Prohibit the disclosure of information …
https://www.osc.ny.gov/local-government/audits/city/2017/11/22/city-glens-falls-water-and-wastewater-system-cybersecurity-2017m-117Catskill Central School District – Financial Management (2017M-134)
… Purpose of Audit The purpose of our audit was to review the District’s financial management practices for … estimates of appropriations based on actual needs to avoid levying taxes at a level greater than needed. … fund balance within the statutory limit and develop a plan to reduce unrestricted fund balance in a manner that benefits …
https://www.osc.ny.gov/local-government/audits/school-district/2017/09/29/catskill-central-school-district-financial-management-2017m-134Tonawanda City School District – Financial Management (2016M-370)
… to evaluate the District’s financial management practices for the period July 1, 2012 through July 22, 2016. Background … seven-member Board of Education. Budgeted appropriations for the 2016-17 fiscal year total approximately $32 million. … needs and use surplus funds as a financing source for funding one-time expenditures, funding needed reserves or …
https://www.osc.ny.gov/local-government/audits/school-district/2017/02/03/tonawanda-city-school-district-financial-management-2016m-370Milford Central School District – Financial Condition (2016M-87)
… Purpose of Audit The purpose of our audit was to examine the District officials’ management of fund balance … Over the last three years, District officials failed to budget for certain revenues they consistently received and … on prior year’s actual results and anticipated operations to avoid raising more real property taxes than necessary. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/milford-central-school-district-financial-condition-2016m-87Iroquois Central School District – Financial Condition (2014M-22)
… to examine the District’s financial management practices for the period of July 1, 2009 through November 22, 2013. … with approximately 2,900 students. Budgeted appropriations for the 2013-14 fiscal year total approximately $44 million. … realistic revenue, expenditure and fund balance estimates for the annual budget. Ensure that all reserves and …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/iroquois-central-school-district-financial-condition-2014m-22Village of Stamford – Pool Capital Project Planning and Monitoring (2022M-204)
… The Board did not transparently plan or sufficiently monitor the Project . As a result, total costs to complete … all actions are documented in the Board meeting minutes. Monitor project payments to ensure the contract terms are …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-stamford-pool-capital-project-planning-and-monitoring-2022m-204South Seneca Central School District – Financial Management (2015M-255)
… audit was to evaluate the District’s financial management for the period July 1, 2010 through September 10, 2015. … Board of Education. Budgeted general fund appropriations for the 2015-16 fiscal year total approximately $23 million. … reserve fund balance levels or defined its intentions for using reserves as a financing source for capital …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/22/south-seneca-central-school-district-financial-management-2015m-255Garrison Union Free School District – Financial Condition (2016M-108)
… audit was to examine the District’s financial condition for the period July 1, 2014 through December 10, 2015. … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $10.2 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/garrison-union-free-school-district-financial-condition-2016m-108North Rose-Wolcott Central School District – Financial Management (2016M-22)
… Background The North Rose-Wolcott Central School District is located in the Towns of Butler, Huron, Lyons, Rose, … and necessary levels for reserve funds and prescribes how the reserve fund balances are to be monitored, analyzed and maintained. District officials have not developed formal, written multiyear financial or …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/north-rose-wolcott-central-school-district-financial-management-2016m-22Brookfield Central School District – Financial Condition (2014M-48)
… October 31, 2013. Background The Brookfield Central School District is located in the Towns of Brookfield, … Brookfield Central School District Financial Condition 2014M48 …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/11/brookfield-central-school-district-financial-condition-2014m-48