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Financial Outlook for the Metropolitan Transportation Authority
One year ago, the Metropolitan Transportation Authority’s (MTA) finances were in the best condition in years with all five years of its financial plan balanced as a result of new revenues approved by the State fiscal year 2023-24 enacted budget.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2025.pdfComptroller DiNapoli Releases School District Audits
… school district audits have been issued. Charter School for Applied Technologies – Student Enrollment and Billing … accurately. The school billed tuition totaling $12,600 for three students to the incorrect district of residence and … County) District officials did not use competitive methods for seven professional service providers who were paid …
https://www.osc.ny.gov/press/releases/2019/06/comptroller-dinapoli-releases-school-district-auditsValley Stream 24 Union Free School District – New Hire Paperwork (2022M-189)
… of Audit The purpose of our audit was to determine whether District officials ensured that new employees’ paperwork was … by a seven-member Board of Education that is responsible for managing and controlling the District’s financial and … files for all 37 new employees hired during the 2021-22 school year, which included nine teachers, two …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/17/valley-stream-24-union-free-school-district-new-hire-paperwork-2022m-189Other Bulletin No. 43
… the State University Construction Fund instructions for processing the April 2018 SCF M/C Performance Advances … are equated to a grade (Grade 603-667) and whose annual salary is below the Job Rate of the employee’s grade on the … submitted on the Job Action Requests page. Automatic Retroactive Processing OSC will automatically calculate …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-43-april-2018-state-university-construction-fund-scfOther Bulletin No. 50
… the State University Construction Fund instructions for processing the April 2019 SCF M/C Performance Advances. … are equated to a grade (Grade 603-667) and whose annual salary is below the Job Rate of the employee’s grade on the … submitted on the Job Action Requests page. Automatic Retroactive Processing OSC will automatically calculate …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-50-april-2019-state-university-construction-fund-scfIslip Union Free School District – Financial Condition (2013M-213)
… 1, 2011, to April 30, 2013. Background The Islip Union Free School District is located in the Town of Islip in … are no recommendations for this report. … Islip Union Free School District Financial Condition 2013M213 …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/27/islip-union-free-school-district-financial-condition-2013m-213Dutchess County – Court and Trust Funds (2014M-293)
… are responsible for safeguarding court and trust funds in their care. Pursuant to a court order, certain assets may … such as surplus moneys from foreclosures. Also, in certain circumstances, funds from estates are entrusted to …
https://www.osc.ny.gov/local-government/audits/county/2014/12/12/dutchess-county-court-and-trust-funds-2014m-293How to Conduct a Vendor Responsibility Review
… Note: A subcontractor includes any entity that receives funds from the vendor to perform work on a contract awarded …
https://www.osc.ny.gov/state-vendors/vendrep/how-conduct-vendor-responsibility-reviewPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… As New York state grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over … said. “The big question is, how are we going to pay for that? Public-private partnerships are a good option to … with unwarranted costs such as excessive fees and toll increases. Unrealistic expectations and poorly drafted …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedClifton Park-Halfmoon Fire District No. 1 – Length of Service Award Program (2015M-64)
… Length of Service Award Program (LOSAP) service credit for the period January 1, 2012 through December 31, 2014. … Board of Fire Commissioners. Budgeted appropriations for 2014 totaled approximately $802,000. Key Findings The …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/06/26/clifton-park-halfmoon-fire-district-no-1-length-service-award-program-2015mIX.12.F CMIA Interest Liabilities – IX. Federal Grants
… Federal Government or the state to the other compensate for lost value (e.g. investment earnings) of funds. A federal … (which the Federal Government pays to the state) accrues for any covered program whereby a state pays out its own funds for federal assistance program purposes with valid …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12f-cmia-interest-liabilitiesMonsey Fire District – Board Oversight (2020M-62)
… Municipal Law financial filing and audit requirements. For seven consecutive years, an annual update document (AUD), …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/07/02/monsey-fire-district-board-oversight-2020m-62SUNY Bulletin No. SU-108
… Earn Codes WIN, XWS, YWS and ZWS and provide instructions for processing Winter Session payments. Affected Employees … effective 12/2/04 to process Winter Session payments for eligible employees. Agencies must report Winter Session … Time Entry page. When reporting Winter Session payments for non-resident aliens, one of the following new Earn Codes …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-108-new-earn-codes-and-procedures-processing-suny-winterDiNapoli Announces Improvements to College Savings Plan to Save Money for College
… Savings Program," DiNapoli said. "We're making it easier for New Yorkers of all income levels to invest in their loved … program fees will be reduced. The total asset-based fee for all Direct Plan portfolios will drop to 0.15 percent, … participants will pay $1.50 in program fees each year for every $1,000 invested in the plan. The maximum account …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-announces-improvements-college-savings-plan-save-money-collegeDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… businesses. These investments aim to generate returns for the pension fund, while helping to boost our state’s …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today … Programs (Follow-Up) (2019-F-40) An audit released in April 2018 determined, based on the amount and quality of information provided by OCFS, …
https://www.osc.ny.gov/press/releases/2020/03/state-comptroller-dinapoli-releases-auditsState Agencies Bulletin No. 1801
… of certain employees. Affected Employees Employees paid in 2019 whose PayServ Home Address was in New York City or had New York City taxes withheld in 2019 … York City reportable wages in Box 18 of an employee’s 2019 Form W-2 based on an employee’s home address. Only employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1801-2019-new-york-city-reportable-wagesState Comptroller DiNapoli Releases School District Audits
… (BOCES) officials did not properly monitor and account for fixed assets. Thirty-two of the assets tested and valued at $64,300 were not properly accounted for. Auditors found that 28 assets (computers, electrostatic … purchases adhered to the district’s purchasing policy for goods and services not subject to competitive bidding. As …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-school-district-audits-0Comptroller DiNapoli Releases State Audits
… Enforcement (Follow-Up) (2015-F-6) An initial audit report issued in November 2012 examined whether the Bureau of … deterrence to detection and prosecution. In a follow-up report, auditors found DOH has made progress in enhancing its … Maintenance and Capital Projects (2014-F-10) An initial report issued in July 2011 determined that while the MTA has …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-state-audits-0State Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … did not obtain quotes. Quotes should have been obtained for 23 claims totaling approximately $125,600. Although the claims were for appropriate purposes, only five claims included evidence …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-municipal-audits