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Village of Coxsackie – Financial Condition and Water and Sewer Fund Accountability (2014M-324)

… condition and its accountability over the water and sewer funds for the period June 1, 2012 through May 31, 2014. … for the 2014-15 fiscal year for all operating funds total approximately $3.7 million. Key Findings Village … amounts due to the general fund from the water and sewer funds. For the fiscal year ending May 31, 2013, the water and …

https://www.osc.ny.gov/local-government/audits/village/2015/02/13/village-coxsackie-financial-condition-and-water-and-sewer-fund-accountability

Bolton Central School District – Financial Condition (2013M-58)

… appropriated more than $690,000 of unexpended surplus funds each year, for a total exceeding $2.1 million over a … District has accumulated considerable unexpended surplus funds up to four times the amount allowed by statute. The … the plan does not reduce the excessive unexpended surplus funds in a manner that benefits the taxpayers. Key …

https://www.osc.ny.gov/local-government/audits/school-district/2013/05/31/bolton-central-school-district-financial-condition-2013m-58

IX.8.B Interest on Advance Payments to Vendors – IX. Federal Grants

… before the vendors have disbursed their own funds. The funds received from the State are often deposited into an … by the vendor. If the vendor does not disburse the funds, the agency should require the funds be returned to the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8b-interest-advance-payments-vendors

Deposit Central School District - Financial Condition (2018M-204)

… the financial condition of the general and cafeteria funds. Key Findings District officials have: Implemented … the financial condition of the general and cafeteria funds …

https://www.osc.ny.gov/local-government/audits/school-district/2019/02/08/deposit-central-school-district-financial-condition-2018m-204

IX.12.M Journal Vouchers – IX. Federal Grants

… agencies for goods or services rendered to, or on behalf of the first state agency; or Reimburse a second state agency …

https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12m-journal-vouchers

VII.9 Overview – VII. State Revenues and Appropriated Loan Receivables

… will be paid from Federal and other dedicated revenue funds of the State. Fringe Benefits costs refer to those … and the State's contribution to the Employee Benefit Funds pursuant to agreements with the various bargaining … for assessing, collecting and making payments from funds of the State are included in various statutes of the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-overview

VII.9 Fringe Benefits and Indirect Costs – VII. State Revenues and Appropriated Loan Receivables

… will be paid from Federal and other dedicated revenue funds of the State. Fringe Benefits costs refer to those … and the State's contribution to the Employee Benefit Funds pursuant to agreements with the various bargaining … for assessing, collecting and making payments from funds of the State are included in various statutes of the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-fringe-benefits-and-indirect-costs

Examples from GASB Statement 34 - Sample City Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds

… Expenditures, and Changes in Fund Balances Governmental Funds For the Year Ended December 31, 2002   General Fund HUD … Redevelopment Route 7 Construction Fund Other Governmental Funds Total Governmental Funds REVENUES:             Property …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-1

XI.12 Overview – XI. Procurement and Contract Management

… contracting and ensuring the prudent expenditure of funds. From contract award to contract closeout, any number … contracting and ensuring the prudent expenditure of funds …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12-overview

January 2001: Accounting & Reporting of Expendable and Non-expendable Trusts

… (TN) Permanent Fund (PN) 8021 Fund Balance Beginning of Year: $100 $000 8019 Residual Equity transfer: ($100) $100 Adjusted Fund Balance Beginning of Year: $000 $100 The changes affect only the basis of …

https://www.osc.ny.gov/local-government/publications/january-2001-accounting-reporting-expendable-and-non-expendable-trusts

DiNapoli: State's Cash Position is Strong

… according to the August cash  report  released today by New York State Comptroller Thomas P. DiNapoli. DiNapoli also … initially anticipated.  “The current state fiscal year is nearly half over, and the state’s cash position is …

https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strong

NYS Common Retirement Fund Reports First Quarter Results

… The New York State Common Retirement Fund’s (Fund) estimated … with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the … and real assets (8.7 percent) and credit, absolute return strategies and opportunistic alternatives (5.5 percent). The …

https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-results

DiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing

… today released an independent fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund) that commended the Fund for its strong … indicates that [investment] staff compensation levels are in the bottom quartile for similar public pension …

https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffing

XII.6.O Paying Retainage – XII. Expenditures

… the process. Please refer to the Statewide Financial System Program’s training curriculums for full instructions. …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6o-paying-retainage

Saranac Central School District – Investment Program (2023M-89)

… the 22-month audit period, the District had an average of $12.4 million in operating and debt service funds available for investing, … have earned $356,452, or $202,353 more than the $154,099 of investment earnings during our audit period. Officials did …

https://www.osc.ny.gov/local-government/audits/school-district/2023/12/22/saranac-central-school-district-investment-program-2023m-89

Town of Ira – Financial Management (2014M-280)

… budgeting practices and the level of unexpended surplus funds, resulting in a significant amount of unexpended surplus funds in the Town’s operating funds. The Board did not develop comprehensive multiyear …

https://www.osc.ny.gov/local-government/audits/town/2015/02/27/town-ira-financial-management-2014m-280

Opinion 91-42

… DEPARTMENT -- Villages (authority to transfer department funds to village treasurer); (cooperative investment of department funds and village funds); (gift of department funds to village subject to …

https://www.osc.ny.gov/legal-opinions/opinion-91-42

DiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year

… of $38.2 billion through the first half of the fiscal year were $675.6 million higher than the latest projections … year, and collections in September were $1.2 billion, or 16.2 percent, higher than a year earlier. The General Fund … s/reports/documents/pdf/2019-02/budget-update-mid-year-2015-16.pdf For a copy of the September cash report , visit: …

https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-year

Leading the Way on Climate Investment

… risk, please see the 2024 Progress Report on the New York State Common Retirement Fund’s Climate Action Plan. … to net zero greenhouse gas emissions by 2040. As the world increasingly moves toward net zero emissions targets by … Climate Action Plan Decarbonization Advisory Panel Report New York State Pension Fund Sets 2040 Net Zero Carbon …

https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investment

XI.5 Purchase Authorizations – XI. Procurement and Contract Management

… to create a funds reservation for anticipated fiscal year purchases when submitting the Purchase Authorization to …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizations