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Cortland Enlarged City School District – Oversight of Financial Operations (2012M-230)

… District’s budgeted expenditures for the 2012-13 fiscal year were $45.1 million. Key Findings The former …

https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operations

Press Conference on the Flushing Snapshot Report

… making it one of the fastest growing local economies in NYC. Tragically the pandemic hit the region particularly …

https://www.osc.ny.gov/events/flushing-snapshot

Bayport-Blue Point Union Free School District – Fund Balance Management (2021M-116)

… surplus fund balance exceeded the statutory limit each year ranging from $1.9 million to $3.7 million or 2.5 to 4.9 …

https://www.osc.ny.gov/local-government/audits/school-district/2021/12/10/bayport-blue-point-union-free-school-district-fund-balance-management

Town of Urbana – Supervisor’s Financial Records and Reports (2022M-14)

… annual update document (AUD) is required to be filed each year, AUDs have not been filed with the New York State Office …

https://www.osc.ny.gov/local-government/audits/town/2022/05/13/town-urbana-supervisors-financial-records-and-reports-2022m-14

City of Mount Vernon – Financial Reporting and Oversight (2020M-96)

… statements have been issued since the 2015 fiscal year because City officials have not provided their …

https://www.osc.ny.gov/local-government/audits/city/2020/09/17/city-mount-vernon-financial-reporting-and-oversight-2020m-96

Examples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets

… and Changes in Fund Net Assets Proprietary Funds For the Year Ended December 31, 2002 Business-Type Activities … Total operating revenues 11,329,883 1,344,087 12,673,970 16,322,925 Operating expenses: Personal services … Total operating expenses 6,907,756 1,582,891 8,490,647 16,863,457 Operating income (loss) 4,422,127 (238,804) …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assets

Town of Friendship – Water Accountability (2013M-281)

… Budgeted water fund appropriations for the 2013 fiscal year totaled $193,819. Key Finding Neither the Board nor the …

https://www.osc.ny.gov/local-government/audits/town/2014/01/17/town-friendship-water-accountability-2013m-281

Town of New Albion – Justice Court Operations (2014M-161)

… of our audit was to review the processes and procedures for the Court’s financial operations for the period January 1, 2011 through April 2, 2014. … comprising a Town Supervisor and four council members. For the 2014 fiscal year, budgeted appropriations totaled …

https://www.osc.ny.gov/local-government/audits/justice-court/2014/08/29/town-new-albion-justice-court-operations-2014m-161

Cohoes Housing Authority – Internal Controls Over Payroll (2013M-373)

… for qualified individuals. The Authority’s 2013 fiscal year operating expenditures totaled approximately $1.9 …

https://www.osc.ny.gov/local-government/audits/city/2014/03/07/cohoes-housing-authority-internal-controls-over-payroll-2013m-373

North Shore Public Library – Financial Condition (2013M-344)

… expenditures of $3,563,192 for the 2012-13 fiscal year. Key Findings The Library retained excessive fund …

https://www.osc.ny.gov/local-government/audits/library/2014/03/28/north-shore-public-library-financial-condition-2013m-344

White Plains City School District – Financial Management (2020M-71)

… and continued to be overestimated. District officials made year-end transfers totaling about $29 million to reserves. … that would be added to the reserves during the fiscal year. Key Recommendations Adopt annual budgets that contain …

https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71

South Jefferson Central School District – Community Services (2016M-343)

… students. Budgeted appropriations for the 2016-17 fiscal year total approximately $32.6 million. Key Findings The …

https://www.osc.ny.gov/local-government/audits/school-district/2017/06/02/south-jefferson-central-school-district-community-services-2016m-343

Wyoming Central School District – Financial Management (2016M-67)

… Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $5 million. Key Findings Officials … portions of fund balance toward the subsequent year’s budget that were not used because they consistently …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/wyoming-central-school-district-financial-management-2016m-67

Smithtown Central School District – Capital Projects (2016M-202)

… Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled $224 million. Key Findings The Board did not …

https://www.osc.ny.gov/local-government/audits/school-district/2016/08/19/smithtown-central-school-district-capital-projects-2016m-202

DiNapoli: Franklin School District Saves $826,000 in Health Care Costs

… health insurance expenditures averaged $705,000 per year over the last three years. For a copy of the audit, …

https://www.osc.ny.gov/press/releases/2016/04/dinapoli-franklin-school-district-saves-826000-health-care-costs

Rensselaer City School District – Financial Condition (2016M-286)

… Education. Budgeted appropriations for the 2016-17 fiscal year total approximately $23.9 million. Key Findings The … multiyear financial and capital plans for a three- to five-year period that address any economic or environmental …

https://www.osc.ny.gov/local-government/audits/school-district/2016/10/28/rensselaer-city-school-district-financial-condition-2016m-286

Valhalla Union Free School District – Financial Condition (2015M-333)

… Board of Education. Budgeted appropriations for the 2015-16 fiscal year are approximately $47 million. Key Findings The Board … Develop realistic budgets based on the prior year’s actual results and anticipated operating costs and …

https://www.osc.ny.gov/local-government/audits/school-district/2016/03/25/valhalla-union-free-school-district-financial-condition-2015m-333