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Town of Cohocton – Oversight of Ambulance Service (2025M-49)
… [read complete report – pdf] Audit Objective Did the Town of Cohocton (Town) Town Board (Board) adequately oversee and manage the Town’s ambulance service? Audit Period January 1, 2023 – … The Board did not adequately oversee or manage the Towns …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-cohocton-oversight-ambulance-service-2025m-49Montrose Fire District – Claims Auditing (2025M-53)
… documentation indicating that the services outlined in the rental agreement were rendered. A claim totaling … an automatic defibrillator (AED) without obtaining quotes in accordance with the District’s purchasing policy or … C includes our comments on issues raised in the District’s response. We conducted this audit pursuant …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/17/montrose-fire-district-claims-auditing-2025m-53Churchville-Chili Central School District – Procurement (2025M-18)
… goods and services are acquired in a cost-effective manner is to create as much competition as possible. Whether using … and verbal quotes, a well-planned solicitation effort is important to reach as many qualified vendors as possible. …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/20/churchville-chili-central-school-district-procurement-2025m-18Vertus Charter School – Information Technology Asset Management (2025M-9)
… number. While officials were unable to provide the total cost of IT assets in use, the cost of IT assets purchased from July 1, 2023 through August … and model, location, employee assigned, acquisition date, cost and disposal date. In addition, School officials did not …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/06/27/vertus-charter-school-information-technology-asset-management-2025m-9Village of Herkimer – Payroll (2025M-37)
… [read complete report – pdf] Audit Objective Did Village of Herkimer (Village) officials pay salaries, wages and … time records were maintained? Audit Period June 1, 2022 – December 20, 2024 Understanding the Program Employee … and benefits accounting for $7.0 million (74 percent) of the total. To properly control and account for these …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-herkimer-payroll-2025m-37Remsenburg-Speonk Union Free School District – Financial Management (2025M-33)
… the budget, for unexpected occurrences and fluctuations in cash flow. In fiscal year 2023-24, the District’s general … that is not needed to finance operations results in real property tax levies that are higher than needed. The …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/18/remsenburg-speonk-union-free-school-district-financial-management-2025mNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… has directed staff to prohibit all new investments in Russian companies and to review the New York State Common Retirement Fund’s (Fund) current investments and assess … “While American sanctions already prohibit investments in many Russian companies, I believe it is prudent to freeze …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewPension Fund Makes Progress on Board Diversity
… GoPro agreed to amend its Nominating and Governance Committee Charter to solidify its commitment to seek diverse … and Governance Committee Charter now states that "on an ongoing basis, the Committee will consider Board … Outfitters 2014 NVR Inc. Meritage Homes 2013 Leucadia National Corp. QEP Resources Inc. Teradyne Inc. T-Mobile USA …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… and Local Retirement System (NYSLRS) employer contribution rates for State Fiscal Year 2020-21 will remain the same as … Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). … seven years, we’ve been able to lower pension contribution rates or essentially keep them flat,” DiNapoli said. “Through …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… (FY) 2020. Officials subsequently approved a deposit of $500 million in FY 2022, which will bring the total reserve to …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… also look at more ways to generate cost efficiencies and build its reserves to secure a smooth recovery and help … than expected. Budget gaps during FY 2024 through FY 2026 will average about $2.7 billion, an amount that has … of services delivered amid changing staffing trends, and build up reserve levels as part of their overall budget …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli Releases Analysis of State Financial Plan
… Budget Financial Plan from the Division of the Budget (DOB) projects fiscal stability for the next five years and … programs and services.” Financial Plan Overview The DOB Financial Plan projects disbursements in SFY 2022-23 of … (including transfers to other funds) are projected by DOB to total $96.1 billion in SFY 2022-23, increasing to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… budgets throughout its five-year financial plan through 2027. MTA projects its overall revenue will increase by 4.4% … rising an average of 4% annually from 2023 through 2027 is partially driven by an 8% increase in health and … casinos to provide $500 million in each of 2026 and 2027. Any delay in the casinos’ approval could throw the …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… cost burden of more than 50% of their income going to pay for housing, according to a report by State Comptroller … Previous reports focused on poverty and food insecurity. “For too many New Yorkers, finding and keeping an adequate and … 2.9 million households paying 30% or more of their income for housing. This constituted 38.9% of households, the 3 rd …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… change, bioterrorism, disadvantaged communities, and replacement of lead water service lines. Additional funding … York has more than 494,000 lead service lines in need of replacement, among the highest in the nation. While the …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… must take stronger action to meet the state’s clean energy goals, according to an audit released today by New York State … by PSC is needed to achieve our ambitious clean energy goals,” DiNapoli said. “New York has been a leader in its … PSC did not develop a back-up plan if the Climate Act’s goals were not met within prescribed timeframes, except for …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… have faced incredible hardship. Yet, this report proves what we already know: Brooklyn always finds a way. I am so … for helping define these neighborhoods’ needs so we can continue to tackle the ongoing issues standing in the way … news for our communities and anyone who cares about our quality of life in southern Brooklyn, but we can’t stop now. …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… At least 20 percent of the publicly owned sewer systems in New York state were not reporting overflow events or … with the electronic notification system (NY-Alert) that tracks those events, potentially putting the public at … At least 20 percent of the publiclyowned sewer systems in New York state were not …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… bolster reserve funds beyond planned levels to help us to weather the next crisis or recession.” Financial Plan … only $825 million in total deposits to the rainy day fund reserves are planned in SFY 2021-22, bringing total … is statutorily authorized. If collections remain above forecast and are not needed to cover unanticipated expenses, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesDiNapoli: NYC Financial Plan Improved From June
… New York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4 billion (adjusted from $104 … surplus transfers), reflecting continued improvement in the city’s fiscal position since June, but city finances … related to the recent influx of asylum seekers when there is a risk it may not receive the full amount. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-june