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Reporting on Foreclosure of Real Property Funds – Kings County (Follow-Up)
… audit report, Reporting on Foreclosure of Real Property Funds – Kings County ( Report 2013-S-2 ). Background Our … did not always properly report and account for foreclosure funds. Referees deposited surplus funds late in five of the …
https://www.osc.ny.gov/state-agencies/audits/2015/12/31/reporting-foreclosure-real-property-funds-kings-county-followControls and Accountability of Court, Trust and Bail Funds (Follow-up)
… Controls and Accountability of Court, Trust and Bail Funds ( 2013-N-1 ). Background Our initial audit issued on … could not accurately account for Court, Trust and Bail funds. We found discrepancies between the total account …
https://www.osc.ny.gov/state-agencies/audits/2015/12/03/controls-and-accountability-court-trust-and-bail-funds-followDiNapoli: Former Almond Treasurer Took $22,000 in Fire Department Funds
… a class D felony. DiNapoli’s office uncovered missing funds during an audit and investigation of the Almond Fire … recommended department officials: Recover the missing funds identified in the report; Develop and include internal … to fight corruption and the misappropriation of public funds at every level of government. His anti-corruption …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-former-almond-treasurer-took-22000-fire-department-fundsDiNapoli: Former Fire District Treasurer Arrested for Stealing Public Funds
… the misappropriation of more than $5,000 in public funds. Stone confessed to DiNapoli’s staff and the Steuben … salary checks and made personal purchases using district funds. “Local officials that abuse their position to steal …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-former-fire-district-treasurer-arrested-stealing-public-fundsBrookhaven-Comsewogue Union Free School District - Extra-Classroom Activity Funds (2021M-181)
… accounting system for extra-classroom activity (ECA) funds. Key Findings Unapproved ECA clubs were operating in … did not establish an adequate accounting system for ECA funds. As a result, District officials cannot ensure that … ECA policy or provide appropriate oversight of ECA funds. As a result, 72 of 90 transactions tested totaling …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/17/brookhaven-comsewogue-union-free-school-district-extra-classroom-activityVillage of Cobleskill - Misappropriated Funds and Board Oversight (2018M-47)
Determine whether the Board provided sufficient oversight of the former ClerkTreasurer
https://www.osc.ny.gov/local-government/audits/village/2020/01/03/village-cobleskill-misappropriated-funds-and-board-oversight-2018m-47Middle Country Central School District – Extra-Classroom Activity Funds (2022M-160)
… proper oversight of extra-classroom activity (ECA) funds. Key Findings The Board of Education (Board) and … officials did not provide proper oversight of the ECA funds. When complete records are not maintained, it increases … complete and accurate ECA ledgers. Ensure that all funds are deposited by the close of each school week, as …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/17/middle-country-central-school-district-extra-classroom-activity-fundsPlattekill Public Library – Procurement and Investment of Funds (2020M-143)
… decisions to the Library’s Committee and by ensuring funds were properly invested. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/library/2021/04/16/plattekill-public-library-procurement-and-investment-funds-2020m-143Westhampton Beach Union Free School District – Extra-Classroom Activity Funds (2021M-9)
… deposited and used extra-classroom activity (ECA) funds. Key Findings The ECA clubs did not maintain adequate … records. Therefore, we could not determine whether all funds received and disbursed were properly accounted for. … business procedures through participation in handling the funds and operating a successful business, District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2021/04/09/westhampton-beach-union-free-school-district-extra-classroom-activityTown of Riverhead - Peconic Bay Community Preservation Funds (P7-23-25)
Determine whether Town of Riverhead Town officials properly administered the Peconic Bay Community Preservation Fund CPF to ensure that all collections were properly supported recorded and deposited and that disbursements were proper and supported
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-riverhead-peconic-bay-community-preservation-funds-p7-23-25Malverne Union Free School District – Extra-Classroom Activity Funds (2024M-84)
… properly collected, recorded, deposited and disbursed ECA funds. Key Findings The clubs and the central treasurer did not properly collect, record, deposit and disburse ECA funds. The central treasurer did not issue receipts or ensure … $44,548 for two clubs that did not have sufficient funds when the disbursements were made. Building principals …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/malverne-union-free-school-district-extra-classroom-activity-funds-2024mFormer Avon Police Chief Pleads Guilty to Stealing Federal Funds
… Chief U.S. District Judge Elizabeth A. Wolford to theft of funds related to a federal program, which carries a maximum … Chief US District Judge Elizabeth A Wolford to theft of funds related to a federal program which carries a maximum …
https://www.osc.ny.gov/press/releases/2025/02/former-avon-police-chief-pleads-guilty-stealing-federal-fundsXIV.8 Controls to Prevent Prohibited Transactions Using Sole Custody Funds – XIV. Special Procedures
… Assets Control’s website . Should you identify any request for payments to any of these individuals or organizations, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv8-controls-prevent-prohibited-transactions-using-sole-custody-fundsOpinion 94-11
… of a fire district generally may not expend district funds in connection with a celebration of the district fire … anniversary. The district may, however, expend funds pursuant to Town Law, §176-d if the anniversary … commissioners of a fire district may expend fire district funds in connection with a celebration of the district fire …
https://www.osc.ny.gov/legal-opinions/opinion-94-11DiNapoli: State Pension Fund Value $178.1 Billion
New York State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund Fund earned a 019 percent return on investments in the state fiscal year that ended on March 31 2016
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionDutchess County – Financial Condition (2013M-370)
… State and Federal aid. Key Finding The County enterprise funds users’ charges have not been sufficient to cover their … had to subsidize a significant portion of both enterprise funds’ operations over the last three completed fiscal years, … has appropriated $2.8 million to subsidize two enterprise funds in the 2014 proposed budget. Key Recommendation The …
https://www.osc.ny.gov/local-government/audits/county/2014/03/14/dutchess-county-financial-condition-2013m-370Town of Dayton – Financial Condition (2013M-90)
… members. Budgeted appropriations for the Town’s four major funds for the 2012 fiscal year totaled approximately … a deficit and the general and highway town-outside-village funds have unexpended surplus funds that are excessive. Key Recommendations Correct the …
https://www.osc.ny.gov/local-government/audits/town/2013/08/14/town-dayton-financial-condition-2013m-90Town of Indian Lake – Reserves and Justice Court Operations (2014M-330)
… to review the establishment and use of the Town’s reserve funds and to examine internal controls over the Town’s … Findings The Board did not properly establish 14 reserve funds and did not make reserve fund expenditures in … Refund moneys in the non-legally established reserve funds to the operating funds that funded the reserves and …
https://www.osc.ny.gov/local-government/audits/justice-court/2015/03/06/town-indian-lake-reserves-and-justice-court-operations-2014m-330Delaware Academy Central School District at Delhi – Fund Balances (2016M-36)
… June 30, 2015. District officials did not use debt service funds to make payments on long-term debt. Key Recommendations … the practice of appropriating unexpended surplus funds that will not be used. Adopt a reserve fund plan, review all reserve balances and transfer excess funds to unrestricted fund balance, where allowed by law, or …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/delaware-academy-central-school-district-delhi-fund-balances-2016m-36NYS Common Retirement Fund Reports Estimated First Quarter Results
… have helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-results