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NYS Common Retirement Fund Announces Second Quarter Results
… Fund’s (Fund) overall return in the second quarter of the state fiscal year 2015 was -0.52 percent, bringing the … York State Comptroller Thomas P. DiNapoli. “On the heels of a robust first quarter, the second quarter presented … markets. The Fund’s value was $176.8 billion as of the end of the state fiscal year on March 31, 2014 and an …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the second quarter of the Fund’s 2015-2016 fiscal year was … billion at the close of its second quarter. “Volatility in the late summer continued to seriously challenge investors … for generations to come. While we’ve seen some recovery in the third quarter, there is no question that this is a …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsBuffalo United Charter School - Financial Management (2018M-197)
… is responsible for the general management and control of the School’s finances. The Board did not have control over … used. Key Recommendations Negotiate changes in the terms of the management agreement with NHA to gain more control … Continue to periodically assess the terms and conditions of any management agreement to ensure it is reasonable and in …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/03/22/buffalo-united-charter-school-financial-management-2018m-197Tuckahoe Common School District - Financial Condition (2018M-191)
… officials ensured that fund balance and restricted funds were reasonable. Key Findings District officials: … officials ensured that fund balance and restricted funds were reasonable …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/tuckahoe-common-school-district-financial-condition-2018m-191Johnsburg Central School District - Extra-Classroom Activity Funds (2018M-150)
… and collections and disbursements were properly accounted for. Key Findings Collections totaling $26,598 for 10 fundraising activities were not supported by adequate … funds spent are supported by adequate documentation and for appropriate purposes. Prepare check disbursements only …
https://www.osc.ny.gov/local-government/audits/school-district/2019/02/01/johnsburg-central-school-district-extra-classroom-activity-funds-2018mVillage of Addison – Former Clerk-Treasurer’s Misappropriation of Funds (2024M-19)
… misappropriated more than $1.1 million in Village funds for personal gain. The former Clerk-Treasurer was able to … in New York State surrendered their pension as a penalty for corruption while in office. Key Recommendations The …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-former-clerk-treasurers-misappropriation-funds-2024m-19XIV.14.K SUNY and CUNY Senior Colleges Funds and Public Benefit Corporations – XIV. Special Procedures
… Capital Assets reported for SUNY and CUNY Senior Colleges Funds and the Public Benefit Corporations are obtained from the audited … Capital Assets reported for SUNY and CUNY Senior Colleges Funds and the Public Benefit Corporations are obtained from the audited …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14k-suny-and-cuny-senior-colleges-funds-and-public-benefit-corporationsNYS Common Retirement Fund Announces Third Quarter Results
The New York State Common Retirement Funds Fund estimated rate of return for the third quarter ending Dec 31 2013 was 514 percent increasing the Funds value to an estimated $1732 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsMonticello Central School District - Fund Balance Management (2020M-2)
Determine whether the Board and District officials properly managed the general fund’s fund balance.
https://www.osc.ny.gov/files/local-government/audits/pdf/monticello-2020-02.pdfLetchworth Central School District - Reserves (2018M-176)
Determine whether the Board properly established reserve funds and maintained them at reasonable levels.
https://www.osc.ny.gov/files/local-government/audits/pdf/letchworth.pdfReporting of Community-Based Services Under the Transformation Reinvestment Plan
… Objective To determine whether the Office of Mental Health provides adequate reporting of community-based service reinvestment funds under the Transformation Reinvestment Plan. The audit covered the period from April 2018 through … To determine whether the Office of Mental Health provides adequate reporting of …
https://www.osc.ny.gov/state-agencies/audits/2022/10/26/reporting-community-based-services-under-transformation-reinvestment-planTown of Chateaugay - Real Property Tax Exemption Administration (2018M-200)
… (61 percent), valued at approximately $3.8 million in assessed value, lacked one or more pieces of supporting … and/or were incorrectly granted. One property owner did not meet the eligibility requirements to receive agricultural … the Town’s attorney as to whether any of the amounts can be recovered and the potential legal and financial …
https://www.osc.ny.gov/local-government/audits/town/2019/05/17/town-chateaugay-real-property-tax-exemption-administration-2018m-200City of Long Beach - Budget Review (B19-7-4)
… appropriate action to implement or resolve recommendations from our budget review issued in May 2018. Background The …
https://www.osc.ny.gov/local-government/audits/city/2019/05/10/city-long-beach-budget-review-b19-7-4XVI.3.B Fund Accounting – XVI. Financial Reporting
… is reported in the Government-wide Financial Statements - Statement of Net Position. Capital Projects Fund Capital … are reported in the Government-wide Financial Statements – Statement of Net Position. The required financial statements … for the Governmental Funds are the: Balance Sheet; and Statement of Revenues, Expenditures and Changes in Fund …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingDiNapoli: Pharsalia Supervisor Arrested in Alleged $123K Theft
… more than $123,000 in town funds. He allegedly used the funds to pay credit card bills and pad his salary an … to State Comptroller Thomas P. DiNapoli. Brown, 70, of South Plymouth in Chenango County, was charged with grand … that Brown allegedly used town funds to pay 100 percent of his home telephone, internet and electric bills. “Since …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-pharsalia-supervisor-arrested-alleged-123k-theftOpinion 88-21
… the opinion. ZONING AND PLANNING - Park Lands (use of park trust fund moneys to construct indoor recreational facility); (use of park trust fund moneys to construct recreational building in which … aside of park lands within a subdivision may be used by a village to construct an indoor recreational facility. …
https://www.osc.ny.gov/legal-opinions/opinion-88-21DiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… to former New York City Council candidate Albert Alvarez. On Tuesday, in New York County Supreme Court, Mendez was … corruption in any form will never be tolerated, and my office remains committed to holding bad actors across the … work with the state Attorney General and state Comptroller on this important investigation.” On October 28, 2019, Mendez …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeControls and Accountability of Court, Trust and Bail Funds
… Finance also could not demonstrate that it applied the full, correct amount of interest to the Court and Trust …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/controls-and-accountability-court-trust-and-bail-fundsTown of Adams – Justice Court Operations (2020M-163)
… is inadequate because it primarily relies on the clerk to perform the review procedures. Key Recommendations Perform … resolve any differences. Contact the Justice Court Fund for guidance on reporting the unidentified cash balance … Court’s records or retain an independent public accountant to perform the audit. Town officials generally agreed with …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/02/26/town-adams-justice-court-operations-2020m-163Town of Ballston - Water Fund Financial Operations (2023M-60)
… fund’s financial operations. Key Findings Officials did not provide adequate oversight of water fund operations. As a result, delinquent accounts were not accurately relevied, and the Town lost revenue. Officials did not maintain an inventory or list of meters purchased and …
https://www.osc.ny.gov/local-government/audits/town/2023/12/15/town-ballston-water-fund-financial-operations-2023m-60