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Town of Humphrey – Financial Management (2013M-116)
… our audit was to evaluate the Town’s budgeting practices for the period January 1, 2008, through April 8, 2013. … The elected five-member Town Board is responsible for managing Town operations. The Town’s 2013 budgeted … that overall, they were reasonable and supported, except for sales tax and fund balance estimates in the general fund. …
https://www.osc.ny.gov/local-government/audits/town/2013/07/19/town-humphrey-financial-management-2013m-116Fonda-Fultonville Central School District – Reserves Management (2021M-157)
… reserve or fund the repair reserve, as required. Pass a required resolution to properly transfer $114,895 into the retirement reserve. While it is a prudent practice for officials to save for future … reserves which can result in higher than necessary real property tax levies. Key Recommendations Adopt a …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157Lancaster Central School District – Financial Management (2022M-37)
… reserves by approximately $3.3 million, and did not use a debt reserve, with a balance of $8.3 million, to pay debt as required. These practices resulted in real property tax levies that were higher than necessary. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/05/lancaster-central-school-district-financial-management-2022m-37York Central School District – Financial Management (2022M-96)
… School District (District) Board of Education (Board) and District officials effectively managed fund balance. Key Findings The Board and District officials did not effectively manage fund … officials overestimated appropriations by $1.7 million and improperly encumbered $203,000. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2022/10/07/york-central-school-district-financial-management-2022m-96South Butler Fire District – Board Oversight of Financial Operations (2020M-155)
… and did not adopt or enforce key financial policies. As a result: The Treasurer lacked guidance to adequately perform … establish, fund or use reserve funds. Fund balances and real property tax levies were higher than needed to fund …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/30/south-butler-fire-district-board-oversight-financial-operations-2020m-155Gates-Chili Central School District - Financial Management (2019M-53)
… and adopting budgets that include reasonable estimates for revenues and appropriations and the amounts of fund …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/gates-chili-central-school-district-financial-management-2019m-53Romulus Central School District - Financial Condition Management and State Transportation Aid (2018M-136)
… not apply for transportation aid in a timely manner. As a result, the receipt of aid totaling approximately $148,672, …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/05/romulus-central-school-district-financial-condition-management-and-stateTown of Covington – Tax Collection Remittance (P1-24-24)
… the timeframes established by Town Law Section 35. As a result, funds were not provided to finance Town and County operations in a timely manner. The Tax Collector did not remit taxes to the … penalties to the Supervisor, which were collected for late real property tax payments. Recommendations The audit report …
https://www.osc.ny.gov/local-government/audits/town/2025/01/03/town-covington-tax-collection-remittance-p1-24-24-0Rensselaer County Industrial Development Agency – Payments in Lieu of Taxes (2021M-74)
… to the Public Authorities Reporting Information System (PARIS). Key Recommendations Establish and implement … Ensure all PILOTs are monitored and reported to PARIS. RCIDA officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/county/2025/01/24/rensselaer-county-industrial-development-agency-payments-lieu-taxes-2021m-74Comptroller DiNapoli Releases Municipal Audits
… taxes totaling nearly $1.4 million in 2017 and 2018 to the town supervisor or county treasurer each week, as … clerk fees within the required timeframe or remit them to the supervisor in a timely manner. Onondaga County … Agency officials did not have adequate controls in place to help ensure that all cash receipts were recorded and …
https://www.osc.ny.gov/press/releases/2019/07/comptroller-dinapoli-releases-municipal-audits-0Opinion 92-16
… from volunteer fire company) TOWNS -- Powers and Duties (lease of office from town officers and fire companies) TOWN … MUNICIPAL LAW, §802(2)(c): A town board may enter into an agreement for the payment of reasonable rental to a town … his or her official town duties. A town is authorized to lease office space from a fire company. You ask whether a …
https://www.osc.ny.gov/legal-opinions/opinion-92-16Opinion 92-18
… Roosevelt Hospital v Mayor 84 NY 108; Church of Christ the King v City of Yonkers , 115 Misc 2d 461, 454 NYS2d 273; New … supra at 112; see also, e.g., Church of Christ the King , supra ; New York Telephone Co. , supra ; County of … town taxes (see Town Law, §§81[1][h], 220[5], 221[1],[3]; General Municipal Law, §120-w; see also 1986 Opns St Comp …
https://www.osc.ny.gov/legal-opinions/opinion-92-18Federal Impact: Travel and Tourism to New York – Federal Funding and New York
… were nearly 183,800 (4.9 percent) fewer visitors to the Statue of Liberty through October 2025 (See Figure 4). 7 … Castle Clinton National Monument 3,656.4 3,822.8 (166.4) Statue of Liberty National Monument 3,538.2 3,722.0 (183.8) …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-impact-travel-and-tourism-new-yorkDiNapoli: NYC Budget Benefiting From Strong Economy
… up to be another solid year for the city. Job growth in the five boroughs has been strong, helping to drive … DiNapoli said. “New York City added a record 120,000 jobs in 2014, and it is on pace to add 100,000 jobs in 2015. At the same time, the securities industry, one of …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyOpinion 89-48
… suitably ruled in columns headed 'owner,' 'contractor,' 'claimant,' 'property,' 'surety,' 'amount of bond,' 'time of …
https://www.osc.ny.gov/legal-opinions/opinion-89-48State Comptroller DiNapoli Releases Municipal and School Audits
… at the end of two of the four fiscal years reviewed to the capital projects fund. Prior to the fiscal year-end transfers that totaled about $13.4 … (Delaware County) The board and district officials failed to properly manage fund balance and reserves. The board and …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-municipal-and-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… financial decisions was inhibited because the village’s true financial position was unknown. The clerk-treasurers did … disbursements and budget transfers, and did not record water and sewer adjustments. In addition, the current … of Dec. 31, 2022, unassigned fund balance in the general, water, wastewater, refuse and boardwalk funds were …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal Audits
… controls or develop written policies and procedures for these duties. As a result, auditors determined that … potentially overpaid 11 employees by a total of $44,301 for leave accrual payments. Officials also paid five … The clerk did not properly record, deposit, remit or report collections. As a result, officials do not have …
https://www.osc.ny.gov/press/releases/2025/01/state-comptroller-dinapoli-releases-municipal-auditsNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… other action — to enhance disclosure of the material risks climate change poses to their business and what steps they … marketplace. Fossil fuel companies can’t acknowledge climate change and their role in it, but then act as if it … of fossil fuel companies on the risks they face from climate change is a red flag for investors,” Stringer said. …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryExxon's Investors Call for Meaningful Climate Risk Plan
… those results with investors, Exxon refuses to account for the goals of the Paris Agreement. Irrespective of the … greenhouse gas emissions and will likely impact the market for ExxonMobil's products. ExxonMobil puts itself and its … majors," said Edward Mason, Head of Responsible Investment for the Church Commissioners. "We are delighted that the …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-plan