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Comptroller DiNapoli Releases State Audits

… two vendor contracts were awarded and modified by $16.9 million, but the documentation in support of the vendor … and Historic Preservation (OPRHP): Controls Over Cash Advance Accounts (2014-S-22) Auditors found OPRHP … or report them to OSC as required by state law. The petty cash account, which had not been reconciled in at least …

https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-releases-state-audits

West Irondequoit Central School District – Financial Management and Separation Payments (2016M-180)

… and supporting documentation of separation payments for the period July 1, 2012 through April 12, 2016. … staying within the statutory limit. Three of 5 reserve funds were overfunded and potentially unnecessary. District … trends or other identified analysis and use surplus funds as a financing source for funding one-time …

https://www.osc.ny.gov/local-government/audits/school-district/2016/08/19/west-irondequoit-central-school-district-financial-management-and

Matter of Merton Simpson v. Department of Civil Service

… award Settled in 2011, the case resulted in monetary awards to class members. Individuals who never claimed their awards are listed here . If you’re on the list, contact …

https://www.osc.ny.gov/unclaimed-funds/claimants/matter-merton-simpson-v-department-civil-service

South Farmingdale Fire District - Financial Condition and Leave Benefits (2018M-29)

… report - pdf] Audit Objective Determine if the Board of Fire Commissioners (Board) ensured that fund balance was … were authorized. Key Findings As of December 31, 2016, the South Farmingdale Fire District’s (District) unrestricted fund balance totaled … South Farmingdale Fire District Financial Condition and Leave …

https://www.osc.ny.gov/local-government/audits/fire-district/2018/05/25/south-farmingdale-fire-district-financial-condition-and-leave-benefits

Galway Central School District - Fund Balance Management (2017M-267)

… officials effectively managed the District’s general fund balance. Key Findings The District’s unrestricted fund balance at the end of 2016-17 was approximately $2.5 million … points. The District’s budgets included appropriated fund balance that was not used to fund operations. The budgets …

https://www.osc.ny.gov/local-government/audits/school-district/2018/06/01/galway-central-school-district-fund-balance-management-2017m-267

Webster Central School District - Financial Condition (2018M-109)

… balance is in compliance with statutory limits and use surplus funds as a financing source to fund one-time expenditures and …

https://www.osc.ny.gov/local-government/audits/school-district/2018/09/14/webster-central-school-district-financial-condition-2018m-109

Alexander Central School District – Financial Management (2020M-64)

… used and managed fund balance and reserves. Key Findings While the Board and District officials used $3.1 million in … as a financing source for a capital project, they did not do so in accordance with applicable statutes. Appropriations …

https://www.osc.ny.gov/local-government/audits/school-district/2020/09/11/alexander-central-school-district-financial-management-2020m-64

Dunkirk City School District – Financial Management (2017M-122)

… if the amounts reserved are necessary and reasonable. Use surplus funds as a financing source for funding one-time …

https://www.osc.ny.gov/local-government/audits/school-district/2017/10/13/dunkirk-city-school-district-financial-management-2017m-122

North Warren Central School District – Financial Condition Management (2017M-197)

… officials effectively managed general fund balance for the period July 1, 2013 through May 31, 2017. Background … has approximately 520 students. Budgeted appropriations for the 2017-18 fiscal year totaled approximately $13.3 …

https://www.osc.ny.gov/local-government/audits/school-district/2018/01/12/north-warren-central-school-district-financial-condition-management-2017m

Worcester Central School District – Unassigned Fund Balance (2016M-1)

… Worcester in Otsego County. The District, which operates one school with approximately 350 students, is governed by an … fund balance has exceeded the statutory limit in two of the last three fiscal years. For 2012-13 through … to, using surplus funds as a financing source, funding one-time expenditures or funding needed reserves to finance …

https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/worcester-central-school-district-unassigned-fund-balance-2016m-1

Wells Central School District – Financial Condition Management (2017M-70)

… July 1, 2013 through November 30, 2016. Background The Wells Central School District is located in the Towns of Arietta, Lake Pleasant, Hope and Wells in Hamilton County. The District, which has … Wells Central School District Financial Condition Management …

https://www.osc.ny.gov/local-government/audits/school-district/2017/07/21/wells-central-school-district-financial-condition-management-2017m-70

Phoenix Central School District – Financial Condition (2017M-96)

… next year’s appropriations exceeded the statutory limit by 4.2 to 8.1 percentage points for fiscal years 2013-14 … 1, 2011 through June 30, 2016 overestimated appropriations by nearly $6 million, and reserves were not funded in a …

https://www.osc.ny.gov/local-government/audits/school-district/2017/08/04/phoenix-central-school-district-financial-condition-2017m-96

Clymer Central School District – Financial Management (2016M-187)

… School District is located in the Towns of Clymer, French Creek, Mina and Sherman in Chautauqua County. The District, …

https://www.osc.ny.gov/local-government/audits/school-district/2016/08/12/clymer-central-school-district-financial-management-2016m-187

Do We have Your Money? $230 Million Returned to New York State Residents This Year

… search for lost and forgotten money, also known as unclaimed funds. DiNapoli oversees 33 million unclaimed funds accounts until the money can be returned to … to do more. It’s your money, we want to give it back.” Unclaimed funds is more than $14 billion in lost and …

https://www.osc.ny.gov/press/releases/2015/07/do-we-have-your-money-230-million-returned-new-york-state-residents-year

DiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program

… Common Retirement Fund (Fund) has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller … In-State Private Equity Program (the In-State Program) to $1.6 billion. "We're investing in companies across New …

https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-program

Continuing Crisis: Drug Overdose Deaths in New York

… al, op cit. 22 CDC, “Social Determinants of Health: Know What Affects Health,” available at …

https://www.osc.ny.gov/reports/continuing-crisis-drug-overdose-deaths-new-york

DiNapoli: 16 School Districts Designated in Fiscal Stress

… Sixteen school districts were designated in some level of fiscal … P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2023, up from 14 districts … in state aid have contributed to the declining number of school districts designated in fiscal stress. “The number of …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stress

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