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Tier Status – Coordinated Plan For ERS Tier 5 Members

Coordinated Plan information for ERS Tier 5 members under Article 15 Tier Status

https://www.osc.ny.gov/retirement/publications/1523/tier-status

Unified Court System Bulletin No. UCS-188

… Purpose To notify agencies of the new deduction code 407 Political Action Fund that has been established for certain employees of the Unified Court System. Affected Employees Employees in Bargaining Unit F8 that are members of the Suffolk County Court Employees Association Effective …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-188-new-deduction-code-407-political-action-fund-pac

Hancock Central School District – Financial Condition (2013M-187)

… for those same fiscal years. To reduce the unexpended surplus fund balance and bring it closer to the 4 percent … fiscal year 2011-12 and 2012-13 and reduced its unexpended surplus funds to a more reasonable level. However, we found that the …

https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/hancock-central-school-district-financial-condition-2013m-187

Hadley-Luzerne Central School District – Financial Condition (2012M-188)

… year. The Board has not developed a multi-year financial plan to improve the budget development process. Key … when reserves will be used. Develop a multi-year financial plan to provide a framework for future budgets and facilitate …

https://www.osc.ny.gov/local-government/audits/school-district/2013/01/25/hadley-luzerne-central-school-district-financial-condition-2012m-188

Gloversville Enlarged City School District – Board Oversight and Information Technology (2013M-180)

… totaled approximately $51.5 million for the general fund, $4.3 million for the special aid fund, and $1.4 million for the cafeteria fund. Key Findings District officials stated there was no …

https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/gloversville-enlarged-city-school-district-board-oversight-and

Town of Barrington – Financial Management (2017M-103)

… Key Findings As of December 31, 2016, the unrestricted fund balance in the general town-wide fund was about $1.2 million, or 273 percent of the ensuing … times as required by law. Key Recommendations Use excess fund balance as a financing source for funding one-time …

https://www.osc.ny.gov/local-government/audits/town/2017/11/20/town-barrington-financial-management-2017m-103

Town of Lindley – Financial Management (2012M-226)

… revenues and overestimated expenditures. As a result, fund balance that was appropriated as a funding source was … respectively. The Board accumulated $117,463 in a reserve fund for highway equipment and $18,606 in an unemployment … and use of reserve funds. Use the unexpended surplus fund balance in a manner that benefits taxpayers. Research …

https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-lindley-financial-management-2012m-226

Town of Mansfield – Financial Management and Claims Processing (2012M-241)

… $1 million. Key Findings The Board adopted budgets using fund balance to reduce the tax levy with no systematic … and highway funds experienced significant declines in fund balance from the 2009 to the 2011 fiscal years. For 2013 … level of unexpended surplus to maintain in each fund, and for determining the amount of unexpended surplus, …

https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-mansfield-financial-management-and-claims-processing-2012m-241

Village of Brightwaters – Financial Operations, Conflict of Interest and Information Technology (2012M-190)

… operating deficits that have contributed to ongoing fund balance deficits in the general fund. During this period, the Village received over $642,000 in non-recurring revenue without which the fund balance deficit would have been even greater. The Board …

https://www.osc.ny.gov/local-government/audits/village/2013/02/22/village-brightwaters-financial-operations-conflict-interest-and-information

Lackawanna City School District – Financial Condition (2014M-119)

… with approximately 1,700 students. The District’s general fund budgeted appropriations for the 2013-14 fiscal year are … Recommendations Adopt structurally balanced budgets that fund recurring expenditures with recurring revenues. Reduce reliance on fund balance as a financing source and continue to evaluate …

https://www.osc.ny.gov/local-government/audits/school-district/2014/08/08/lackawanna-city-school-district-financial-condition-2014m-119

Homer Central School District – Financial Condition (2013M-306)

… the District did not actually use the surplus funds or all of the budgeted reserve fund amounts as planned in fiscal … on historical trends or other identified needs. Review all reserve balances and determine if the amounts reserved are necessary, reasonable, and in compliance with …

https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/homer-central-school-district-financial-condition-2013m-306

Oysterponds Union Free School District – Financial Management, Check Signing and Information Technology

… 2012 through October 31, 2013. Background The Oysterponds Union Free School District is located in Suffolk County and … Board improperly appointed its President, in place of the Treasurer, as the sole signatory on District checks under …

https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/oysterponds-union-free-school-district-financial-management-check-signing

Village of Ballston Spa - Financial Condition (2017M-256)

… monitor the Village’s financial condition. The general fund’s unrestricted fund balance decreased from $213,327 as of fiscal year-end … financial reports. Develop a plan to address the general fund’s declining fund balance and the Village’s overall …

https://www.osc.ny.gov/local-government/audits/village/2018/10/05/village-ballston-spa-financial-condition-2017m-256

Town of Croghan – Financial Management (2014M-340)

… million. Key Findings Fund balance for town-wide operating funds experienced significant declines from 2011-13. The …

https://www.osc.ny.gov/local-government/audits/town/2015/02/20/town-croghan-financial-management-2014m-340

Mount Sinai Fire District - Financial Condition and Price Quotations for Purchases (2019M-83)

… nearly the entire operating surplus to the reserve funds, leaving the District with virtually no unrestricted …

https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/23/mount-sinai-fire-district-financial-condition-and-price-quotations

Lakeland Central School District - Reserves Management (2019M-113)

… could fund approximately eight years of claims. The Business Official’s report of reserves did not comply with … balance to determine proper funding levels. Ensure the Business Official submits the report of reserves in …

https://www.osc.ny.gov/local-government/audits/school-district/2019/07/19/lakeland-central-school-district-reserves-management-2019m-113

Johnson City Central School District – Financial Condition (2015M-204)

… Purpose of Audit The purpose of our audit was to examine the … in the Village of Johnson City and the Towns of Union, Maine, Chenango and Dickinson in Broome County. The District, … plans for funding reserves or for the planned use of fund balance. Key Recommendation Include the funding and use …

https://www.osc.ny.gov/local-government/audits/school-district/2015/12/31/johnson-city-central-school-district-financial-condition-2015m-204