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Village of Altmar – Apparent Misappropriation of Funds (2013M-331)

… misappropriated approximately $115,891 of Village funds, made questionable purchases totaling $1,405 and … The Clerk-Treasurer was responsible for receiving funds and making bank deposits, preparing and signing Village …

https://www.osc.ny.gov/local-government/audits/village/2014/03/19/village-altmar-apparent-misappropriation-funds-2013m-331

Village of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)

… of office and, as generally required of a Village officer, does not reside within the Village. In addition, the Village … receives an Internal Revenue Service Form 1099, and does not receive any fringe benefits. During our audit …

https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43

Bolivar-Richburg Central School District – Internal Controls Over Selected Financial Operations (2013M-92)

… Central School District (District) is located in the Towns of Alma, Bolivar, Clarksville, Cuba, Friendship, Genesee and Wirt, in Allegany County. The District is governed by the Board of … fiscal year are approximately $17 million. Key Findings From fiscal years 2007-08 through 2011-12, District officials …

https://www.osc.ny.gov/local-government/audits/school-district/2013/07/26/bolivar-richburg-central-school-district-internal-controls-over-selected

Town of Johnsburg – Management Oversight and Online Banking (2013M-6)

… Audit The purpose of our audit were to evaluate the Town’s oversight of financial activities and internal controls over … is located in Warren County and is governed by a Town Board which comprises an elected Town Supervisor (Supervisor) … outlines approved online banking activities and assigns responsibility for ensuring that the transactions are safely …

https://www.osc.ny.gov/local-government/audits/village/2013/04/19/town-johnsburg-management-oversight-and-online-banking-2013m-6

Village of Smyrna – Clerk-Treasurer’s Duties (2013M-114)

… annual budget for all funds in the 2012-13 fiscal year was $162,478. Key Findings The Board did not properly … budgets. For example, found that 20 out of 43 of the 2011-12 adopted budget expenditure lines were over-expended by a …

https://www.osc.ny.gov/local-government/audits/village/2013/07/19/village-smyrna-clerk-treasurers-duties-2013m-114

Town of Hartwick – Financial Condition (2013M-118)

… March 8, 2013. Background The Town of Hartwick is located in Otsego County and has 2,110 residents. The Board comprises … and appropriations of fund balance to finance operations in the highway and fire protection funds. Although Town … operations separately, with sufficient revenues included in the budget for each fund. Consider separate checking …

https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118

Village of Montgomery – Purchasing and Information Technology (2013M-210)

… purchasing and information technology (IT) operations for the period June 1, 2011, through January 9, 2013. … Trustees. The Village’s total general fund appropriations for the 2011-13 fiscal year were approximately $5 million. … with General Municipal Law (GML) and sought competition for purchases and public works contracts subject to its …

https://www.osc.ny.gov/local-government/audits/village/2013/10/25/village-montgomery-purchasing-and-information-technology-2013m-210

Village of Kenmore – Wastewater Processing Costs and Information Technology (2013M-73)

… Purpose of Audit The purpose of our audit was to review the wastewater service agreement and internal … Village officials have not made a substantive effort to use available resources to gain a better understanding of … for its share of all wastewater processing costs. Retirees from the Town’s Wastewater Department comprise 4.5 percent of …

https://www.osc.ny.gov/local-government/audits/village/2013/06/14/village-kenmore-wastewater-processing-costs-and-information-technology-2013m-73

Town of Edwards – Internal Controls Over Selected Financial Operations (2013M-20)

… April 30, 2012. Background The Town of Edwards is located in St. Lawrence County and has a population of 1,160 … maintain the Town’s financial stability. The fund balances in the Town’s major operating funds fluctuated significantly … primarily because the Board over-appropriated fund balance in the budget and allowed the budget to be overspent. Duties …

https://www.osc.ny.gov/local-government/audits/town/2013/04/12/town-edwards-internal-controls-over-selected-financial-operations-2013m-20

Village of Huntington Bay – Compensation of Officials and Credit Cards (2012M-198)

… are based on duly approved payrolls and that required State and Federal taxes are withheld and transmitted to the …

https://www.osc.ny.gov/local-government/audits/village/2013/02/08/village-huntington-bay-compensation-officials-and-credit-cards-2012m-198

Village of Herrings – Financial Operations and Sale of Land (2013M-41)

… to September 30, 2012. Background The Village of Herrings is located in the Town of Wilna in Jefferson County, and has … that an annual audit of the Clerk-Treasurer’s records is performed by the Board or by a Village officer, employee …

https://www.osc.ny.gov/local-government/audits/village/2013/05/03/village-herrings-financial-operations-and-sale-land-2013m-41

DiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System

… District Attorney James Ritts announced today that Becky Smith Shaver pleaded guilty to grand larceny for stealing … System (NYSLRS) intended for retiree Gary Banas. “Ms. Smith Shaver tried to take advantage of the New York State …

https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-system

State Comptroller DiNapoli Releases School Audits

… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … that claims are sufficiently documented and supported, are for legitimate district purposes, and are audited and … instead of 2 percent. The district treasurer was paid for leave time she was not entitled to which was valued at …

https://www.osc.ny.gov/press/releases/2017/10/state-comptroller-dinapoli-releases-school-audits-1

Savings Programs: NY 529 and NY ABLE

… benefits that help pay for college or disability expenses: NY's 529 College Savings NY Achieving a Better Life Experience … NY ABLE Program The NY ABLE Program is a savings and investment plan that helps families and individuals with …

https://www.osc.ny.gov/savings

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

… and Changes in Fund Balances Governmental Funds For the Year Ended December 31, 2002 General Fund HUD … 6,119,938 $2,578,191 2,830,916 11,529,045 Charges for services 11,374,460 30,708 11,405,168 Investment …

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

Town of Sheridan – Cellular Phones (2013M-334)

… be provided a cell phone, what is acceptable use, and how reimbursement for unacceptable use is to be billed and …

https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-sheridan-cellular-phones-2013m-334

State Comptroller DiNapoli Releases School District Audits

… all of the fund balance appropriated to finance operations for fiscal years 2016-17 through 2018-19. The board has not … budgeted expenditures in the $71.7 million adopted budget for the 2020-21 fiscal year are not reasonable. District … produce sufficient documentation that their appropriations for employee benefits, the re-institution of athletics …

https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-school-district-audits-1

Town of Reading – Financial Management (2013M-217)

… fund and 93 percent in the highway fund for the ensuing year’s appropriations. The Town comingled cash for various … but did not account for cash separately by fund until the year-end financial reports were prepared. Therefore, at the … level and only assign fund balance for the ensuing year that is available. Account for cash balances by fund …

https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-reading-financial-management-2013m-217