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Examination of Unemployment Insurance Benefit Payments (January 1, 2018 – December 31, 2018)
… by the Department of Labor (Department) were appropriate and comply with applicable Federal and State laws and regulations and Department policies and procedures. In …
https://www.osc.ny.gov/state-agencies/audits/2019/09/16/examination-unemployment-insurance-benefit-payments-january-1-2018-december-31-2018NYS Common Retirement Fund Reports First Quarter Results
… continue to seek prudent investments and manage the state pension fund to be able to withstand additional economic … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsCharlotte Valley Central School District – Financial Condition (2013M-232)
… reserves. Key Recommendations Adopt realistic budgets that are consistent with the District’s actual revenues and … all reserve balances and determine if the amounts reserved are necessary, reasonable, and in compliance with statutory …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/charlotte-valley-central-school-district-financial-condition-2013m-232Town of Hartwick – Financial Condition (2013M-118)
… Town’s budgeted appropriations for the 2013 fiscal year are $657,386 for the general fund, $755,306 for the highway … Town officials should ensure that the financial records are accurate and up to date, and should request and review …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118Town of Newstead – Joint Highway Facility Project (2012M-260)
… expected to complete a capital project when they are known. Ensure that capital project requirements and costs are properly planned before awarding contracts, to minimize …
https://www.osc.ny.gov/local-government/audits/town/2013/03/15/town-newstead-joint-highway-facility-project-2012m-260East Ramapo Central School District – Budget Review (B21-5-4)
… an independent evaluation of the East Ramapo Central School District’s (District’s) proposed budget for the 2021-22 fiscal year. Background Pursuant to Chapter …
https://www.osc.ny.gov/local-government/audits/school-district/2021/05/05/east-ramapo-central-school-district-budget-review-b21-5-4Savings Programs: NY 529 and NY ABLE
… benefits that help pay for college or disability expenses: NY's 529 College Savings NY Achieving a Better Life Experience (ABLE) Comptroller …
https://www.osc.ny.gov/savingsVillage of Chatham – Internal Controls Over Selected Financial Activities (2013M-132)
… and bank reconciliations to ensure reconciliations are prepared timely and accurately, and that any discrepancies are promptly investigated and resolved. Establish a …
https://www.osc.ny.gov/local-government/audits/village/2013/08/23/village-chatham-internal-controls-over-selected-financial-activities-2013m-132State Agencies Bulletin No. 1814
… creating a new Tier 6 that applies to employees joining a retirement system after March 31, 2012. Chapter 18 of the Laws of 2012 amends portions of the Retirement and Social Security Law, Education Law, and the … (k) (6) (D) (ii) will increase to $225,000 for the 2020 plan year. Affected Employees Employees who are Tier 6 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1814-maximum-salary-contribution-limit-tier-6-members-following-new-yorkGovernment-Wide Financial Data – 2021 Financial Condition Report
… (cash basis). Each statement breaks down the activities of State government into two types: Governmental activities: includes most of the State’s core services as well as general administrative … is calculated by: Reducing the expenses of each of the State’s programs by the revenues generated by those programs …
https://www.osc.ny.gov/reports/finance/2021-fcr/government-wide-financial-dataVillage of Greenwich – Justice Court Operations (2014M-023)
… the computerized system. Ensure that all moneys received are deposited in a timely manner. Ensure that all monthly reports are submitted to the JCF in a timely manner. Monitor and …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/05/30/village-greenwich-justice-court-operations-2014m-023New York State Health Insurance Program – Payments by Empire BlueCross for Hospital Services for Ineligible Members (Follow-Up)
… were partially implemented. Key Recommendation Officials are given 30 days after the issuance of this follow-up to provide information on any actions that are planned to address the unresolved issues discussed in the …
https://www.osc.ny.gov/state-agencies/audits/2021/12/27/new-york-state-health-insurance-program-payments-empire-bluecross-hospital-servicesTown of Otto – Town Clerk and Tax Collector (2012M-214)
… the penalty free period. Ensure all duplicate payments are refunded to the individual taxpayers or banks to which they are owed. Perform an adequate annual audit of the Clerk’s …
https://www.osc.ny.gov/local-government/audits/town/2013/01/18/town-otto-town-clerk-and-tax-collector-2012m-214Town of Sheridan – Cellular Phones (2013M-334)
… determines on an as-requested basis which individuals are provided a Town cell phone, according to the Town Clerk. … stating what amount should be reimbursed, when payments are due and what is to be done if someone does not reimburse …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-sheridan-cellular-phones-2013m-334State Comptroller DiNapoli Releases School District Audits
… $71.7 million adopted budget for the 2020-21 fiscal year are not reasonable. District officials were unable to produce … re-institution of athletics program, and certain utilities are adequate. Additionally, overtime costs will need to be …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-school-district-audits-1Town of Ellicott – Justice Court (2015M-111)
… that bank reconciliations and accountability analyses are prepared and verified on a monthly basis and investigate … with the Court’s caseload activity to ensure that tickets are properly reported and paid to the JCF in a timely manner …
https://www.osc.ny.gov/local-government/audits/justice-court/2015/11/13/town-ellicott-justice-court-2015m-111GASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
… Issued To: County, City, Town and Village Chief Fiscal Officers GASB Statement No. 33 provides accounting and reporting guidelines for nonexchange transactions. A … The availability period should be consistent with the time frame currently used for revenue recognition. If the …
https://www.osc.ny.gov/local-government/publications/gasb-statement-no-33-accounting-and-financial-reporting-nonexchange-transactionsCollege of Fredonia – Selected Employee Travel Expenses
… April 1, 2008 to March 31, 2011. Background New York State’s executive agencies spend between $100 million and … travel expenses for the highest-cost travelers in the State as well as other outliers. These employees each … selected for audit were documented and adhered to State travel rules and regulations. The five employees are …
https://www.osc.ny.gov/state-agencies/audits/2013/02/28/college-fredonia-selected-employee-travel-expensesTown of Bangor – Board Oversight (2012M-193)
… Purpose of Audit The purpose of our audit was to review the internal controls over selected Town operations for the period January 1, 2011, to May 31, … Assign duties and responsibilities to Town officers and employees that are in compliance with laws and regulations. …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-bangor-board-oversight-2012m-193DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… performances across asset classes helped drive the state pension fund’s investment returns higher over the past year, … State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24