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Property Tax Freeze Credit

… Purpose The objective of our examination was to determine whether the Property Tax … Credit (PTF Credit) payments approved by the Department of Taxation and Finance (Department) were appropriate and … State homeowners for increases in local property taxes on their primary residences. To receive the PTF Credit in …

https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-credit

Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)

… of our audit was to review the Town’s financial management and budgeting practices, and its resultant financial condition for the period January … operational and capital needs. The water fund has retained excessive amounts of unexpended surplus fund balance. …

https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231

Saranac Central School District - School District Website (S9-19-30)

… decisions. Officials did not post the: Budget-to-actual results or external audit report corrective action plan … Key Recommendations Ensure that budget-to-actual results, comprehensive budget documents, a multiyear …

https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/saranac-central-school-district-school-district-website-s9-19-30

Village of Livonia – Board Oversight and Information Technology (2014M-221)

… Purpose of Audit The purpose of our audit was to review Board oversight of financial operations and information technology controls …

https://www.osc.ny.gov/local-government/audits/village/2015/01/09/village-livonia-board-oversight-and-information-technology-2014m-221

York Central School District - School District Website (S9-19-35)

… financial information was not posted, resulting in a lack of transparency. Information that was posted was limited in … Posting a prepared plan further enhances the transparency of the District’s fiscal decisions. Key Recommendations … multiyear financial plan to help residents see the impact of fiscal decisions over time. District officials generally …

https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/york-central-school-district-school-district-website-s9-19-35

Beacon City School District - School District Website (S9-19-27)

… financial information was not posted, resulting in a lack of transparency. Information that was posted was limited in … Posting a prepared plan further enhances the transparency of the District’s fiscal decisions. Key Recommendations Must … multiyear financial plan to help residents see the impact of fiscal decisions over time. District officials did not …

https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/beacon-city-school-district-school-district-website-s9-19-27

State Comptroller DiNapoli Releases Municipal Audits

… and tax cap forms were not filed, as required. As a result, the board was unaware that the 2019 levy … in the tentative budget are reasonable. The town’s 2021 tentative budget includes a proposed tax levy of …

https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-municipal-audits-0

Local Government – 2023 Financial Condition Report

… period. The inflation factor for local governments with a calendar fiscal year in 2024 is 6.26 percent. The combination … since FSMS was implemented in 2013. The number of calendar year municipalities (all counties, towns, most … 19 in LFY 2020 to 8 in LFY 2021, while the number of non-calendar year ones (some cities and most villages) slightly …

https://www.osc.ny.gov/reports/finance/2023-fcr/local-government

New York State Comptroller Thomas P. DiNapoli Statement on Federal Tax Reform

… tax bill moving forward in Congress remains a bad deal for New York. "The cap on state and local tax deductions would … for many New Yorkers. "The legislation will drive up the cost of borrowing for state and local governments' capital …

https://www.osc.ny.gov/press/releases/2017/12/new-york-state-comptroller-thomas-p-dinapoli-statement-federal-tax-reform-0

Get Help

… Members and Retirees of the New York State and Local Retirement System Learn more … online services for members, retirees and beneficiaries of the New York State and Local Retirement System (NYSLRS). …

https://www.osc.ny.gov/online-services/get-help

State Agencies Bulletin No. 300

… Purpose To advise agencies of changes in withholding allowances and maximum Social … Affected Employees All employees. Effective Date(s) New rates will be reflected in the Administration checks dated … tax will apply to all taxable wages, as there is no wage cap. Questions Questions regarding this bulletin may be …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/300-changes-federal-income-tax-withholding-tables-earned-income-tax-credits

Town of Orange – Budget Review (B20-2-14)

… projections in the Town’s adopted budget for the 2021 fiscal year are reasonable. Background The Town of … estimated at $64,000, which is sufficient to balance the 2021 budget. However, additional fund balance may be needed … balance of $27,000 as of December 31, 2020. The Town’s 2021 adopted budget complies with the tax cap limit. Key …

https://www.osc.ny.gov/local-government/audits/town/2021/01/08/town-orange-budget-review-b20-2-14

Village of Washingtonville – Budget Review (B24-6-1)

… submitted to the Office of the New York State Comptroller for examination and recommendations. Key Findings The scope … of revenue has not been posted in the financial software for 2022-23 or 2023-24. The 2024-25 tentative budget includes … the Village may expend, as the Village did not provide salary schedules and most of the expenditures have not been …

https://www.osc.ny.gov/local-government/audits/village/2024/01/22/village-washingtonville-budget-review-b24-6-1

City of Lockport - Budget Review (B1-16-16)

… requires the Mayor to submit to the State Comptroller each year, beginning January 1, 2015, and for each subsequent fiscal year during which the debt incurred to finance the deficit is … the proposed budget for the next succeeding fiscal year. Key Findings Based on the results of our review, we …

https://www.osc.ny.gov/local-government/audits/city/2016/11/04/city-lockport-budget-review-b1-16-16