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XIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… Law, the State Comptroller shall invest and keep invested all moneys belonging to any and all funds of the State. The Short Term Investment Pool (STIP) … account sweeps, payments and maturing investments. All investment purchases that are made are recorded with an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipCity of Glens Falls – Financial Condition (2013M-150)
… Purpose of Audit The purpose of our audit was to review the City’s financial operations for the period January 1, 2010, to December 31, 2012. Background The City of Glens Falls is … budget amendments. Although we do not consider the City to be in fiscal stress at this time, the low levels of …
https://www.osc.ny.gov/local-government/audits/city/2013/08/02/city-glens-falls-financial-condition-2013m-150Village of Endicott -- Budget Review (B17-4-7)
… implement our recommendation in last year's budget review by adjusting the rate structure in the water and sewer funds. … of $8,586,051, which exceeds the Village's tax levy limit by $470,040. Key Recommendations We recommend the Board …
https://www.osc.ny.gov/local-government/audits/village/2017/04/14/village-endicott-budget-review-b17-4-7NYS Common Retirement Fund Announces First Quarter Results
The New York State Common Retirement Funds Fund overall return in the first quarter of the state fiscal year 20162017 was 2 percent for the threemonth period ending June 30 2016 with an estimated value of $181 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsOpinion 89-42
… §165.00: A village may temporarily invest in short term United States Treasury bills issued in book-entry form, which … concerning the investment of village funds in short term United States Treasury bills under a system known as … to this section may also be made in obligations of the United States of America... b. Such obligations, unless …
https://www.osc.ny.gov/legal-opinions/opinion-89-42Opinion 92-32
… is given at least thirty days prior to the anticipated date of availability and shall be for fair and adequate …
https://www.osc.ny.gov/legal-opinions/opinion-92-32DiNapoli: Clerk Admits Writing Nearly $5,000 in Village Checks for Herself
… guilty to petit larceny, a misdemeanor, and agreed to pay full restitution plus $500 to cover the village of Delhi’s …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-clerk-admits-writing-nearly-5000-village-checks-herselfSelected Aspects of Discretionary Spending
… to expedite the completion of the $700 million master plan for the State University of New York (SUNY). This master plan … corporation whose sole mission was to act as an agent for SUNY to design, construct, acquire and improve State … To accomplish its mission, the Fund incurs direct costs for specific program purposes and it incurs indirect or …
https://www.osc.ny.gov/state-agencies/audits/2014/09/19/selected-aspects-discretionary-spendingSexual Offender and Management Treatment Act Program
… Background In April 2007, the Legislature enacted the Sex Offender Management and Treatment Act (Act), which … SOMTA program is designed to closely supervise and treat sex offenders who are near release from prison or parole, and … abnormalities, pose a substantial risk to commit new sex crimes. Since the Act’s inception, the Office has …
https://www.osc.ny.gov/state-agencies/audits/2013/09/23/sexual-offender-and-management-treatment-act-programAmityville Union Free School District – Extra-Classroom Activity Fund (2021M-87)
… were properly collected, receipted and deposited in full. Only five deposits totaling $4,038, of the 150 deposits …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/08/amityville-union-free-school-district-extra-classroom-activity-fund-2021mWhite Plains City School District – Financial Management (2020M-71)
… and the amounts to be transferred to reserves based on historical and/or other known factors. Reduce the amount … corrective action. Appendix B includes our comments on issues raised in the District’s response letter. …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71Cattaraugus-Little Valley Central School District – Financial Management (2022M-23)
… $227,000 which can fund average unemployment expenditures for 78 years. Did not ensure $2.2 million was properly …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/01/cattaraugus-little-valley-central-school-district-financial-managementCicero Volunteer Fire Department - Financial Activities (2025M-138)
… to the Board and membership, and to the Office of the State Comptroller (OSC), as required by New York State (NYS) General Municipal Law (GML) Section 30-a. …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2026/04/10/cicero-volunteer-fire-department-financial-activities-2025mNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… February, the Fund committed $250 million to Calvert Core Bond Strategy, and the same figure to Nuveen Core Impact Bond … Fund is the third largest public pension fund in the United States with $210.5 billion in assets under management as of …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsTown of Stockton – Financial Management (2014M-90)
… 13, 2014. Background The Town of Stockton is located in Chautauqua County and has a population of approximately … The Board has consistently overestimated appropriations in annual budgets. Town officials have not developed a … Reduce the unexpended surplus fund balances in the general and highway town-wide funds and adopt a policy …
https://www.osc.ny.gov/local-government/audits/town/2014/09/12/town-stockton-financial-management-2014m-90Town of Easton – Sales Tax Allocation (2014M-355)
… The purpose of our audit was to review the Town's practice for allocating sales tax revenue for the period January 1, 2013 through June 30, 2014. … population of approximately 2,300. Budgeted appropriations for 2014 were approximately $1.2 million. Key Findings Town …
https://www.osc.ny.gov/local-government/audits/town/2015/02/13/town-easton-sales-tax-allocation-2014m-355Half Hollow Hills Community Library - Fund Balance (2018M-127)
… [read complete report - pdf] Audit Objective Determine if the Board of Trustees (Board) effectively manages the … Determine if the Board of Trustees Board effectively manages the …
https://www.osc.ny.gov/local-government/audits/library/2018/11/09/half-hollow-hills-community-library-fund-balance-2018m-127Village of Coxsackie – Financial Condition and Water and Sewer Fund Accountability (2014M-324)
… and its accountability over the water and sewer funds for the period June 1, 2012 through May 31, 2014. Background … elected Mayor and Village Board. Budgeted appropriations for the 2014-15 fiscal year for all operating funds total approximately $3.7 million. Key …
https://www.osc.ny.gov/local-government/audits/village/2015/02/13/village-coxsackie-financial-condition-and-water-and-sewer-fund-accountabilityBolton Central School District – Financial Condition (2013M-58)
… audit was to examine the District’s financial condition for the period July 1, 2009, to November 30, 2012. Background … elected members. The District’s budgeted expenditures for the 2012-13 fiscal year were $8.7 million. Key Findings … Board adopted budgets that were realistic and supported for revenues, expenditures were consistently and …
https://www.osc.ny.gov/local-government/audits/school-district/2013/05/31/bolton-central-school-district-financial-condition-2013m-58DiNapoli: State's Cash Position is Strong
… more is on the way. The level of tax receipts is important for purposes of ongoing budget balance, and we are seeing …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strong