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Rockland County – Budget Review (B6-13-22)
… deficit obligations are outstanding. Key Findings Based on the results of our review, except for the matters … tax revenue. Reduce the revenue estimate for premiums on obligations. Place any excess proceeds from its proposed …
https://www.osc.ny.gov/local-government/audits/county/2013/11/25/rockland-county-budget-review-b6-13-22DiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… York City to generate at least an additional $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget released in April. However, better-than-projected fiscal performance …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsNew York’s Economy and Finances in the COVID-19 Era
… a loss in job income in the coming four weeks Source: U.S. Census Bureau, as of June 16 New York City Leads in Job Losses, But All Regions Suffer Big Declines … more than 937,000 jobs, 20 percent of its previous total, from February through May. The COVID-19 recession has hit …
https://www.osc.ny.gov/reports/covid-19-july-9-2020State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … audits of Bolton Fire District , Town of Deer Park , East Bloomfield Fire District , East Bloomfield-Holcomb Fire …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… housing agency, Homes and Community Renewal (HCR), can do more to help low-income New Yorkers find housing by making … the state,” DiNapoli said. “This audit found that HCR has not made full use of the federal funds that support vouchers … from 2017 to 2022, HCR did not meet HUD’s standard that states should use at least 95% of vouchers it funds. The …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisDiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers
… Major changes to the federal tax code being considered by the President and Congress would … of the more than $67 billion in state and local tax deductions reported by New Yorkers on their federal … for New Yorkers if these changes are made to the federal tax code," DiNapoli said. "There is a distinct possibility …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-loss-federal-deductions-trump-tax-plan-could-hurt-new-yorks-middle-class-taxpayersCity of Newburgh – Budget Review (B6-13-21)
… Purpose of Budget Review The purpose of our budget review was to determine whether the … of the properties, specifically the largest property which is listed for sale at $1 million. If these properties …
https://www.osc.ny.gov/local-government/audits/city/2013/11/20/city-newburgh-budget-review-b6-13-21Opinion 92-28
… of proceeds to a public library); (payment of interest for notes issued for library taxes) LIBRARIES -- Finances (issuance and … notes) -- Investments (interest earned on) -- Taxes (time for payment over by school district) SCHOOL DISTRICTS -- …
https://www.osc.ny.gov/legal-opinions/opinion-92-28Andes Central School District – Financial Management (2013M-250)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial … in Delaware County. The District is governed by a Board of Education, which has five elected members. The District's …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/andes-central-school-district-financial-management-2013m-250Westmoreland Central School District – Financial Condition (2014M-283)
… of Audit The purpose of our audit was to examine the District’s financial activities for the period July 1, 2013 … June 30, 2014. Background The Westmoreland Central School District is located in the Towns of Vernon, Westmoreland and … members. The Board President is the chief financial officer. For the 2014-15 fiscal year, the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2014/12/05/westmoreland-central-school-district-financial-condition-2014m-283Oneonta City School District –Financial Condition (2013M-165)
… the District has declined more than $1 million (8 percent decrease) and revenues, other than real property taxes, have …
https://www.osc.ny.gov/local-government/audits/school-district/2013/08/30/oneonta-city-school-district-financial-condition-2013m-165Lyncourt Union Free School District – Financial Condition (2016M-62)
… Purpose of Audit The purpose of our audit was to assess the District’s financial condition for the period … that appropriated a total of $810,000 in fund balance to finance District operations, but none of the appropriated … The Board has not adopted a multiyear financial plan to allow it to facilitate the development of future finances. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/lyncourt-union-free-school-district-financial-condition-2016m-62City of Long Beach – Budget Review (B7-15-14)
… the significant revenue and expenditure projections in the City’s tentative budget for the 2015-16 fiscal year … are reasonable. Background The City of Long Beach, located in Nassau County, has been authorized to issue debt totaling $12,000,000 to liquidate the accumulated deficit in the City’s general, water, sewer and risk retention funds …
https://www.osc.ny.gov/local-government/audits/city/2015/05/08/city-long-beach-budget-review-b7-15-14Maine Endwell Central School District – Budget Review (B4-13-14)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the District’s proposed budget for the 2013-14 fiscal year …
https://www.osc.ny.gov/local-government/audits/school-district/2013/04/24/maine-endwell-central-school-district-budget-review-b4-13-14Administration and Monitoring of Financial Assistance to New York City Businesses
… financial assistance to companies in New York City through tax waivers of City and State sales and use tax, local … would not be able to undertake the project. Businesses are also required to estimate the capital cost of the … to all businesses seeking assistance. Information on businesses deemed ineligible or whose applications stalled …
https://www.osc.ny.gov/state-agencies/audits/2024/06/12/administration-and-monitoring-financial-assistance-new-york-city-businessesNYC Budget Benefiting From Strong Tax Collections
… and benefits from the citywide savings program, according to a report released today by State Comptroller Thomas P. … and tax abatements. Business tax collections continued to fall short of expectations, but the shortfall was offset by … plan period, but business cycles are subject to change. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsDiNapoli Releases Analysis of SFY 2024-25 State Budget
… spending for vital state services like Medicaid and school aid and includes new funding and policy changes to … 25.8% in State Operating Funds, and 35.8% in All Funds. School aid and Medicaid drove much of the growth. The budget is estimated to provide $36 billion in total school aid for School Year (SY) 2024-25, an increase of $1.6 …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) 2022-23 Executive Budget that … recovery and financial plan, according to a review by New York State Comptroller Thomas P. DiNapoli. The budget … addition, some of the $10 billion multi-year funding for healthcare is proposed without sufficient oversight and …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetSherrill City School District – Reserve Funds (2017M-247)
… 2015 through July 31, 2017. Background The Sherrill City School District is located in the Cities of Rome and Sherrill and …
https://www.osc.ny.gov/local-government/audits/school-district/2018/02/02/sherrill-city-school-district-reserve-funds-2017m-247Village of Monticello – Records and Reports (2020M-104)
… complete report - pdf ] Audit Objective Determine whether the Village of Monticello (Village) Treasurer (Treasurer) maintained … accounting records or properly reconcile bank accounts in a timely manner. About $5 million of real property tax …
https://www.osc.ny.gov/local-government/audits/village/2020/12/23/village-monticello-records-and-reports-2020m-104