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XVI.4.A Cash and Investments – XVI. Financial Reporting
… description of deposit and investment policies related to credit risk, concentration of credit risk, interest rate risk, and foreign currency risk … a government’s allowable deposits and investments. Credit Risk - Credit quality ratings on investments, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsDiNapoli: Consumers Should Read Fine Print On Gift Cards This Holiday Season
… often last minute purchases,” DiNapoli said. “Last year, my office received nearly $11 million from expired gift … office is currently holding more than $14.5 billion in unclaimed funds from uncashed checks, bank accounts, stocks and more. To find out if you are owed money, visit www.osc.state.ny.us . … …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-consumers-should-read-fine-print-gift-cards-holiday-seasonDiNapoli: Read Fine Print on Gift Cards this Holiday Season
… often a very popular purchase," DiNapoli said. "Last year, my office received nearly $15 million from unused gift cards. … office is currently holding more than $15 billion in unclaimed funds from uncashed checks, bank accounts, stocks and more. To find out if you are owed money, visit www.osc.state.ny.us . … …
https://www.osc.ny.gov/press/releases/2017/11/dinapoli-read-fine-print-gift-cards-holiday-seasonLegal Topics and Approvals
… Advisory Legal Opinions Local Debt Refunding: Procedures for Seeking Comptroller's Approval Relating to Refunding … Local Government Ethics Resources Procurements: Guidelines for the "Piggybacking" Exception to Competitive Bidding [pdf] How to Apply for Exclusion of Sewer Debt from Municipal Debt Limits …
https://www.osc.ny.gov/local-government/resources/legal-topics-and-approvalsOverpayments for Medicare Part C Coinsurance Charges (Follow-Up)
… included in our initial audit report, Overpayments for Medicare Part C Coinsurance Charges (2011-S-33). Background Our …
https://www.osc.ny.gov/state-agencies/audits/2013/12/12/overpayments-medicare-part-c-coinsurance-charges-followQuogue Union Free School District – Financial Condition and Cash Receipts (2013M-274)
… over its budgeting practices and cash receipts process for the period July 1, 2011 through March 31, 2013. … which comprises five elected members. Actual expenditures for the 2011-12 fiscal year were $6,641,760 and $6,176,464 for the 2012-13 fiscal year. Key Findings District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/13/quogue-union-free-school-district-financial-condition-and-cash-receiptsNewark Central School District – Financial Condition and Claims Processing (2016M-267)
… financial condition management and claims auditing process for the period July 1, 2014 through June 30, 2016. Background … 2,000 students. Budgeted general fund appropriations for the 2016-17 fiscal year total approximately $47.6 … a reserve plan which details the District’s intentions for funding reserves, determines how much should be …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/18/newark-central-school-district-financial-condition-and-claims-processingTown of Champion – Information Technology (2014M-130)
… The Board has not established a formal disaster recovery plan. Key Recommendations Restrict administrator rights to … notification policy. Develop a formal disaster recovery plan identifying potential risks and detailing the responses to be taken. This plan should be distributed to all responsible parties, …
https://www.osc.ny.gov/local-government/audits/town/2014/07/11/town-champion-information-technology-2014m-130Caledonia-Mumford Central School District – Financial Management (2024M-101)
… money that should be returned to the general fund. For example, officials increased the unemployment reserve to … three years and sufficient to fund applicable expenditures for about 500 years. District officials overstated the … management and did not provide adequate justification for the levels of accumulated fund balance including …
https://www.osc.ny.gov/local-government/audits/school-district/2024/12/06/caledonia-mumford-central-school-district-financial-management-2024m-101DiNapoli and DA Carney: Owner of Medical Transport Company Sentenced to 3 to 9 Years in Prison for Stealing $700,000 from Medicaid Program
… nine years in state prison and pay restitution of $766,600 for stealing more than $700,000 from New York state’s … Medicaid program provides access to essential health care for millions of people, and my office will continue to … Attorney Carney and Schenectady County Sheriff Dagostino for their partnership in bringing Saeed to justice.” “It is …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-and-da-carney-owner-medical-transport-company-sentenced-3-9-years-prison-stealing-700000Town of Salem – Financial Management (2015M-295)
… Board has not developed a multiyear financial and capital plan. Key Recommendations Review estimates of fund balance at … Develop a comprehensive multiyear financial and capital plan. … The purpose of our audit was to review the Towns …
https://www.osc.ny.gov/local-government/audits/town/2016/01/29/town-salem-financial-management-2015m-295State Agencies Bulletin No. 1709
To notify agencies that the pensionable overtime earnings limit for Tier 6 ERS and Tier 6 TRS members for calendar year 2019 is $16779
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1709-tier-6-pensionable-overtime-earnings-limit-calendar-year-2019-employeesState Agencies Bulletin No. 1699
… Affected Employees Employees who are Tier 5 members of ERS Plan Type 7Y and TRS Plan Type 7X Background In accordance with Chapter 504 of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1699-tier-5-pensionable-overtime-earnings-limit-calendar-year-2019-employeesState Agencies Bulletin No. 1451
… Purpose To notify agencies of the 2016 maximum salary limit for members of TIAA-CREF (Plan Type 7Z) in Tiers 1 through 5. … Section 415 of the Internal Revenue code, which provides for dollar limitations on benefits and contributions under … (k) (3) (C), and 408 (k) (6) (D) (ii) remains at $265,000 for calendar year 2016. Affected Employees Employee who are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1451-maximum-salary-limit-tiaa-cref-retirement-tiers-1-through-5-plan-typeFinn Academy: An Elmira Charter School - Information Technology (2018M-141)
… officials did not provide IT security awareness training to employees. The Board did not develop a disaster recovery … IT control weaknesses were communicated confidentially to officials. Key Recommendations Adopt written IT policies … Provide periodic IT security awareness training to personnel who use IT resources, including the importance …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/11/02/finn-academy-elmira-charter-school-information-technology-2018m-141Alternative and Out-of-Service Death Benefits – En-Con Police Officers Plan
… your pension under the provisions of the Non-Contributory Retirement Plan (Section 375-c) or this special plan as of …
https://www.osc.ny.gov/retirement/publications/1822/alternative-and-out-service-death-benefitsState Agencies Bulletin No. 2089
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime earnings … Tier 5 ERS and Tier 5 TRS members for calendar year 2023 is $22,028.01. Affected Employees Tier 5 members of ERS Plan … Payroll Retirement mailbox. … The purpose of this bulletin is to notify agencies that the pensionable overtime earnings …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2089-tier-5-pensionable-overtime-ot-earnings-limit-calendar-year-2023Johnson City Central School District – Financial Condition (2015M-204)
… 2013 through March 10, 2015. Background The Johnson City School District is located in the Village of Johnson City and … that benefits District taxpayers. … Johnson City Central School District Financial Condition 2015M204 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/12/31/johnson-city-central-school-district-financial-condition-2015m-204State Agencies Bulletin No. 2247
… 6 TRS members. Affected Employees: Tier 6 members of TRS Plan Type 86 are affected. Background: The OT limit for Tier … PayServ to reflect the pensionable OT earnings limit for plan year 2024 to $20,459 for Tier 6 TRS members. Questions: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2247-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2024-employeesState Agencies Bulletin No. 2141
… 6 TRS members. Affected Employees: Tier 6 members of TRS Plan Type 86 are affected. Background: The OT limit for Tier … PayServ to reflect the pensionable OT earnings limit for plan year 2023 to $19,729.00 for Tier 6 TRS members. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2141-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2023-employees