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Town of Covington – Tax Collection Remittance (P1-24-24)
… Objective Determine whether the Town of Covington (Town) Tax Collector remitted all collections as required by New York State Town Law (Town Law). Key Findings The Tax Collector did not remit collections to the Town … finance Town and County operations in a timely manner. The Tax Collector did not remit taxes to the Supervisor at least …
https://www.osc.ny.gov/local-government/audits/town/2025/01/03/town-covington-tax-collection-remittance-p1-24-24-0DiNapoli Announces $15 Million Investment in Northern Ireland
… great universities and a highly educated workforce, and we look forward to Crescent supporting a portfolio of Northern …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandState Comptroller DiNapoli Releases Municipal & School Audits
… by an act of the state Legislature for the city to issue debt to liquidate the deficits. Village of North Haven …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-audits-0Cobleskill-Richmondville Central School District – Fund Balance Management (2022M-47)
… Central School District (District) Board of Education (Board) and officials effectively managed fund … appropriations from 2018-19 through 2020-21 by an average of $2.8 million, or 6.6 percent, and appropriated fund … balance exceeded the 4 percent statutory limit in each of the last three fiscal years by 4.8 to 10.1 percentage …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/12/cobleskill-richmondville-central-school-district-fund-balance-managementTown of Allen – Town Clerk Collections (2024M-120)
… $3,000 within three business days of being collected for total daily aggregate collections exceeding $250, as … Town Board (Board) to determine whether all collections for culvert pipe sales were properly recorded, reported and remitted to the Supervisor for deposit. Recommendations The audit report includes eight …
https://www.osc.ny.gov/local-government/audits/town/2025/02/14/town-allen-town-clerk-collections-2024m-120DiNapoli: School District Tax Levy Cap at 2% for Third Straight Year
… annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions. The law also … to override the cap. DiNapoli’s office calculated the inflation factor at 4.12% for those with a June 30, 2025 … well above 2%,” DiNapoli said. “With one-time pandemic relief aid nearly exhausted, school district and municipal …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearVillage of Cedarhurst – Transparency of Fiscal Activities (S9-24-19)
… – pdf] Audit Objective Determine whether the Village of Cedarhurst (Village) Board of Trustees (Board): Conducted an annual audit of the … Filed the required Annual Financial Report (AFR) with the Office of the State Comptroller (OSC), and Reported the … Determine whether the Village of Cedarhurst Village Board of Trustees Board Conducted an …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-cedarhurst-transparency-fiscal-activities-s9-24-19Exxon's Investors Call for Meaningful Climate Risk Plan
… the New York State Common Retirement Fund (Fund), and the Church of England, are calling on ExxonMobil to explain how … said Edward Mason, Head of Responsible Investment for the Church Commissioners. "We are delighted that the resolution … This is the second consecutive year that the Fund and the Church of England have co-filed the proposal along with …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planFinancial Reporting and Asset Allocation
… | June | May | April | March | February | January 2021 December | November | October | September | … June | May | April | March | February | January 2018 December | November | October | September | … Equities 25% International Equities 14% Private Equity 15% Real Estate 12% Real Assets 4% Fixed Income 22% Credit 4% …
https://www.osc.ny.gov/common-retirement-fund/resources/financial-reporting-and-asset-allocationNY State Common Retirement Fund Selects New Deputy Chief Investment Officer
… Titarchuk to the position of Deputy Chief Investment Officer for the $181.7 billion New York State Common … returns,” said Vicki Fuller, the Fund’s Chief Investment Officer. Titarchuk has 17 years of experience across diverse … Titarchuk to the position of Deputy Chief Investment Officer for the $1817 billion New York State Common …
https://www.osc.ny.gov/press/releases/2015/02/ny-state-common-retirement-fund-selects-new-deputy-chief-investment-officerNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… material risks climate change poses to their business and what steps they are taking to meet those challenges. … material risks climate change poses to their business and what steps they are taking to meet those challenges …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryTown of Albion – Supervisor’s Records and Reports (2024M-111)
… revenue and a $109,000 expenditure for a storage building. In addition, budgetary transfers totaling $27,125 were … action. Appendix B includes our comment on an issue raised in the Town’s response. …
https://www.osc.ny.gov/local-government/audits/town/2024/11/08/town-albion-supervisors-records-and-reports-2024m-111East Irondequoit Central School District - Financial Management (2019M-28)
… limit on surplus fund balance by not using $3.7 million in appropriated fund balance as a financing source, improperly booking $3.6 million in encumbrances and improperly reserving $7.7 million for … Appendix B includes our comments on issues raised in the District’s response letter. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28Opinion 97-22
… Permissible Uses (financing by county of construction of community college dormitory) COMMUNITY COLLEGES -- Powers and … COUNTIES -- Powers and Duties (financing the cost of community college dormitory) EDUCATION LAW, §§6304, 6306: The county governing board, and not the county community college board of trustees, may authorize the …
https://www.osc.ny.gov/legal-opinions/opinion-97-22Wilson Central School District - Financial Management (2022M-22)
… officials improperly restricted more than $1.6 million in the debt reserve fund. Workers’ compensation reserves fund … unemployment expenditure. By maintaining surplus funds in excess of the statutory limit and maintaining excess … real property taxes may have been higher than necessary. In addition, the Board did not adopt a comprehensive written …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wilson-central-school-district-financial-management-2022m-22DiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionTown of Deerpark – Real Property Tax Collections (2017M-277)
Town of Deerpark – Real Property Tax Collections (2017M-277)
https://www.osc.ny.gov/files/local-government/audits/pdf/lgsa-audit-town-2018-deerpark.pdfTable 2 - Overlapping Real Property Tax Levies Per Year - 2012
Table 2 - Overlapping Real Property Tax Levies Per Year - 2012
https://www.osc.ny.gov/files/local-government/data/excel/2012table2.xlsTable 2 - Overlapping Real Property Tax Levies Per Year - 2011
Table 2 - Overlapping Real Property Tax Levies Per Year - 2011
https://www.osc.ny.gov/files/local-government/data/excel/2011table2.xls