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Salem Central School District – Internal Controls Over Extra-Classroom Activity Funds (2013M-394)
… internal controls over extra-classroom activity funds for the period July 1, 2012 through June 30, 2013. Background The Salem Central School District is located in Washington County and is governed by the Board of Education which comprises five …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/salem-central-school-district-internal-controls-over-extra-classroomState Comptroller DiNapoli Announces Municipal Audits
… policy, investment policy and code of ethics were in place. The treasurer’s financial records and reports … payroll and time records. While the town has a good system in place, it could be further improved by filing approved … of printing them out only to have paper copies on file in order to save the time and expense of printing. Town of …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-announces-municipal-auditsOpinion 96-10
… on the issues discussed in the opinion. MUNICIPAL FUNDS -- Capital Reserve Fund (transfer into general fund) FIRE DISTRICTS -- Powers and Duties (transfer from capital reserve …
https://www.osc.ny.gov/legal-opinions/opinion-96-10State Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Reports Estimated First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 … helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather the … June 30, 2022, the Fund had 44.7% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsOpinion 96 - 11
… terms in the public interest (see, e.g., Matter of New City v Flagg , 111 AD2d 814, 490 NYS2d 560 affd 66 NY2d …
https://www.osc.ny.gov/legal-opinions/opinion-96-11Malverne Union Free School District – Extra-Classroom Activity Funds (2024M-84)
… receipts or ensure student treasurers issued receipts for cash collections; 47 deposit request forms totaling … as required. He also issued nine checks totaling $44,548 for two clubs that did not have sufficient funds when the … totaling $130,127. Key Recommendations Issue receipts for all collections, appropriately complete deposit and check …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/malverne-union-free-school-district-extra-classroom-activity-funds-2024mSteuben County Soil and Water Conservation District – Internal Controls Over Cash Receipts and Disbursements (2013M-97)
… accounting records and internal controls of the District for the period January 1, 2012, to February 26, 2013. … The Steuben County Soil and Water Conservation District is one of 58 such Districts in New York State. These … control and other related land-use issues. The District is governed by a five-member Board of Directors appointed by …
https://www.osc.ny.gov/local-government/audits/district/2013/08/02/steuben-county-soil-and-water-conservation-district-internal-controls-over-cashState Comptroller DiNapoli Releases School Audits
… The board-approved budgets overestimated appropriations by an average of approximately $1.7 million per year which … district officials: overestimated budgetary appropriations by an annual average of $918,000 (12%) from 2020-21 through …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsHamilton Central School District – Procurement (2020M-168)
… School District (District) officials sought competition for the purchase of goods and services not subject to … District officials did not always seek competition for the purchase of goods and services not subject to … procurement policy. Officials did not: Seek competition for the services procured from five professional service …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/26/hamilton-central-school-district-procurement-2020m-168Town of Centerville – Town Clerk/Tax Collector (2021M-75)
… 24 hours as required. Remit real property tax collections to the Town Supervisor (Supervisor) or the County Treasurer … tax collections, including interest and penalties, to the Supervisor and Treasurer within the required … findings and recommendations and indicated that they plan to take corrective action. … Determine whether the Town of …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-centerville-town-clerktax-collector-2021m-75XI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… part of the needs evaluation and can play a crucial role in the decision making process. Sections 160.5 and 160.6 of … purchase should be considered, since this is typically the most economical method to acquire equipment. Extended Term … are computed based on the purchase price (principal) and interest. Maintenance of the equipment may require a separate …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionIV.1 Overview – IV. Accounting Codes - Uses and Descriptions
… The Statewide Financial System (SFS) provides for the preparation of financial statements prepared on both … of Financial Statements The General Ledger is the basis for financial statement preparation. It consists of a chart … to account types. Current account values are viewable in the SFS Chart of Accounts Tree Viewer. As noted in Chapter …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv1-overviewNorth Colonie Central School District – Claims Processing (2013M-9)
… of Audit The purpose of our audit was to evaluate the District’s internal controls over the claims audit process for the period July 1, 2011, to September 30, 2012. Background The North Colonie Central School District (District) is located in the Town of Colonie, …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/29/north-colonie-central-school-district-claims-processing-2013m-9State Comptroller DiNapoli Releases School District Audits
… oversight was lacking. Officials did not provide support for 12 of the 15 balance sheet accounts auditors reviewed. … in a timely manner. Only four of the 349 journal entries for 2018-19 and only 60 of the 292 journal entries for … $49,607 to $345,221. Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: IDA Report Shows Tax Break Growth Slows
… Development Agencies (IDAs) reported $715 million in net tax exemptions in 2016, up almost 3 percent from 2015, according to a report … percent of the total net jobs gained through IDA projects in 2016, with Long Island achieving nearly 25 percent of the …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-ida-report-shows-tax-break-growth-slowsNYS Common Retirement Fund Announces Third Quarter Results
… management of investments to make sure our assets match our liabilities," DiNapoli said. "Not long after I …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsOtego-Unadilla Central School District – Financial Condition (2013M-84)
… resulted in a 52 percent increase in the District’s fund balance. The Board continued to adopt budgets that included …
https://www.osc.ny.gov/local-government/audits/school-district/2013/06/14/otego-unadilla-central-school-district-financial-condition-2013m-84Comptroller's NYS Common Retirement Fund Responsibilities
… Independent advice The Comptroller is a diligent fiduciary of the Fund who ensures that investment decisions and practices adhere to the highest levels of ethical conduct and transparency. He seeks the input of a wide range of internal and external advisors, …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesNY State Common Retirement Fund Selects New Deputy Chief Investment Officer
… of assets classes is invaluable as we continue to build on the gains we have made in recent years and look for … assets of the New York State and Local Retirement System on behalf of more than one million state and local government …
https://www.osc.ny.gov/press/releases/2015/02/ny-state-common-retirement-fund-selects-new-deputy-chief-investment-officer