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Utica City School District – Financial Condition (2013M-341)
… consists of seven elected members. The District’s general fund budgeted expenditures for the 2013-14 fiscal year are … budget. However, they relied heavily on appropriations of fund balance in the budgets from 2010-11 through 2011-12. As … operations. Key Recommendations Reduce reliance on fund balance as a financing source and continue to evaluate …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/28/utica-city-school-district-financial-condition-2013m-341Wainscott Common School District – Financial Condition (2013M-268)
… actually used less than $1.9 million of the appropriated fund balance during this period. As a result, the District accumulated unexpended surplus fund balance equivalent to 68 percent of the ensuing years’ … operational needs or the use of unexpended surplus fund balance in a manner that benefits the District …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/wainscott-common-school-district-financial-condition-2013m-268Lyndonville Central School District – Financial Condition (2016M-143)
… elected seven-member Board of Education. Budgeted general fund appropriations for the 2015-16 fiscal year totaled $13.3 … consistently overestimated appropriations in the general fund budget during the last three fiscal years, generating … surpluses. The District used the operating surpluses to fund various reserves, which led to reserve balances …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/lyndonville-central-school-district-financial-condition-2016m-143Fairport Central School District – Financial Condition and Capital Improvement Project Expenditures (2013M-23)
… As a result of these operating surpluses, the accumulated fund balance exceeded the statutory maximum of 4 percent of the ensuing year’s budget. To reduce the fund balance and stay within the 4 percent limit, District … reserves and have continuously increased the amount of fund balance appropriated which has gone unused for the last …
https://www.osc.ny.gov/local-government/audits/school-district/2013/04/19/fairport-central-school-district-financial-condition-and-capitalTown of Caledonia – Financial Management (2013M-363)
… of our audit was to review the Town’s management practices for the period January 1, 2012 through October 16, 2013. … Findings The Board did not develop policies and procedures for budget preparation and monitoring and, as a result, … repeatedly adopted budgets with inaccurate estimates for revenues, expenditures and appropriated fund balance. The …
https://www.osc.ny.gov/local-government/audits/town/2014/03/28/town-caledonia-financial-management-2013m-363DiNapoli: New York Must Do More To Reduce Maternal Deaths
… The New York State Department of Health (DOH) needs to do more to ensure maternal deaths and morbidity rates … … The New York State Department of Health DOH needs to do more to ensure maternal deaths and morbidity rates decline …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-new-york-must-do-more-reduce-maternal-deathsDiNapoli Releases Fiscal Stress Scores for Villages and Cities
… State Comptroller Thomas P. DiNapoli today announced that 10 … governments using financial indicators including year-end fund balance, cash position, short-term cash-flow borrowing … Stress Scores Data Files FSMS Search Tool Tool Track state and local government spending at Open Book New York . …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-releases-fiscal-stress-scores-villages-and-citiesSherrill City School District – Reserve Funds (2017M-247)
… is governed by a nine-member Board of Education. General fund budgeted appropriations for the 2017-18 fiscal year … Use the surplus funds in the tax certiorari reserve to fund one-time expenditures, fund needed reserves, pay off debt or reduce property taxes. …
https://www.osc.ny.gov/local-government/audits/school-district/2018/02/02/sherrill-city-school-district-reserve-funds-2017m-247Kenmore Housing Authority – Selected Financial Operations (2017M-157)
… of our audit was to review the Authority’s recovery fund and credit/charge card activities for the period July 1, … administrative fee financial activity in the recovery fund. More than $13,000 was not used in a manner that … fee revenues are properly recorded in the general fund. Ensure that administrative fee revenues are used for …
https://www.osc.ny.gov/local-government/audits/public-authority/2018/01/26/kenmore-housing-authority-selected-financial-operations-2017m-157Willsboro Central School District – Financial Condition (2015M-362)
… Purpose of Audit The purpose of our audit was to assess the District’s financial condition for the period …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/willsboro-central-school-district-financial-condition-2015m-362Putnam Central School District – Budgeting (2015M-243)
… Purpose of Audit The purpose of our audit was to review the District’s budgeting process for the period …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/08/putnam-central-school-district-budgeting-2015m-243Parishville-Hopkinton Central School District – Financial Management (2017M-72)
… The District is governed by a Board of Education. General fund budgeted appropriations for 2016-17 totaled … 2013-14 through 2015-16, which resulted in appropriated fund balance not being used. The Board did not adopt a reserve fund policy and some reserves are overfunded. District …
https://www.osc.ny.gov/local-government/audits/school-district/2017/06/16/parishville-hopkinton-central-school-district-financial-management-2017mSharon Springs Central School District – Financial Condition (2016M-39)
… $9.3 million. Key Findings The District appropriated more fund balance than was needed in the adopted budgets for the three-year period ending June 30, 2015. Unrestricted fund balance exceeded the statutory limit each of the past … that will not be used. Develop a plan to use the surplus fund balance in a manner that benefits District residents. … …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/sharon-springs-central-school-district-financial-condition-2016m-39Starpoint Central School District – Financial Condition (2015M-266)
… by an elected nine-member Board of Education. General fund budgeted appropriations for the 2014-15 fiscal year … by $820,000. The District has not used its debt reserve to fund debt payments, as required. Key Recommendations Develop … realistic estimates of appropriations and the use of fund balance in annual budgets. Use the excess amounts in …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/05/starpoint-central-school-district-financial-condition-2015m-266Town of Wappinger – Financial Condition (2013M-94)
… manage the financial condition of the town-wide general fund. The Board did not adopt structurally balanced budgets; … and reliance was placed on non-recurring revenues such as fund balance appropriations and inter-fund loans to fund recurring operating expenditures. …
https://www.osc.ny.gov/local-government/audits/town/2013/06/21/town-wappinger-financial-condition-2013m-94Town of Minden – Budgeting (2014M-366)
… Purpose of Audit The purpose of our audit was to review the Town’s budgeting practices for … January 1, 2011 through July 31, 2014. Background The Town of Minden is located in Montgomery County and includes the …
https://www.osc.ny.gov/local-government/audits/town/2015/05/29/town-minden-budgeting-2014m-366Town of Inlet – Capital Project Accounting and Internal Controls Over Cottage Rental Receipts (2015M-16)
… Purpose of Audit The purpose of our audit was to determine if the accounting … August 31, 2014. Background The Town of Inlet is located in Hamilton County and has a population of approximately 330. …
https://www.osc.ny.gov/local-government/audits/town/2015/06/05/town-inlet-capital-project-accounting-and-internal-controls-over-cottage-rentalTown of Bennington - Financial Management (2019M-249)
… financial and capital plans and planning for and using fund balance. Key Findings Overall the Board could have … not properly monitor spending during the year. The highway fund had deficit fund balances during our audit period and incurred operating …
https://www.osc.ny.gov/local-government/audits/town/2020/03/13/town-bennington-financial-management-2019m-249Schenevus Central School District – Budgeting (2014M-123)
… were far less than budgeted. Unexpended surplus fund balance exceeded the legal limit of 4 percent. The tax reduction reserve fund was not formally established and was not funded … Ensure that the District’s unexpended surplus fund balance is in compliance with the legal limit. Review …
https://www.osc.ny.gov/local-government/audits/school-district/2014/07/25/schenevus-central-school-district-budgeting-2014m-123Town of Stanford – Financial Management (2021M-130)
… the prior year and levied more taxes than necessary to fund general fund operations. Exceeded its fund balance policy limit by $645,366. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/town/2021/09/24/town-stanford-financial-management-2021m-130