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Fund Financial Data – 2023 Financial Condition Report

… Fund financial statements provide a short-term view of finances. As such, these statements only focus on the inflows and outflows of current financial resources— cash or liquid assets that … obligations (or will be soon). Funds represent sources of funding and spending for particular purposes. The General …

https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-data

DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter

… 2023, but the Fund remains well-diversified and built to handle these ups and downs. Our pensioners and members can … benefits are safe thanks to our prudent management and long-term perspective.” The Fund's value reflects retirement … and opportunistic alternatives (6.24%). The Fund’s long-term expected rate of return is 5.9%. DiNapoli initiated …

https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarter

State Agencies Bulletin No. 919

… changes that are required to apply the proper taxation for employees who are receiving a retroactive military … Employees Employees receiving a retroactive pay increase for military stipend Effective Date(s) August 19, 2009 Background Recent changes in tax regulations require that military stipend payments be …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/919-taxation-retroactive-raise-payments-employees-receiving-military-stipend

State Agencies Bulletin No. 1220

… the Instructions for Form W-2 (Wage and Tax Statement), employers are required to furnish each employee with a Form … Form W-2. Employees who worked for more than one agency in multiple companies (for example both NYS and CUNY) will …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1220-form-w-2-wage-and-tax-statement-calendar-year-2012

Albany County Probation Department – Internal Controls Over Financial Operations (2013M-340)

… Purpose of Audit The purpose of our audit was to determine if the Department has adequate internal controls … 2011 and 2012, respectively. Key Findings County officials have not ensured that the Department account clerks’ financial …

https://www.osc.ny.gov/local-government/audits/county/2014/02/07/albany-county-probation-department-internal-controls-over-financial-operations

Town of Northampton – Financial Management and Internal Controls Over Town Clerk Receipts (2012M-233)

… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial management and the internal … The Clerk also does not provide monthly reports timely to the Supervisor, or perform a monthly accountability of … Town ambulance service and related personnel, as well as how and if the Board wishes to continue providing ambulance …

https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-northampton-financial-management-and-internal-controls-over-town-clerk-receipts

IV.5.A Operating and Other Transfers – IV. Accounting Codes - Uses and Descriptions

… already been made. These transfers are authorized by §4 of the State Finance Law and annual budget bills which … in most cases the transfers are transacted on request of the Budget Director by OSC’s Bureau of State Accounting Operations. Click here to download the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5a-operating-and-other-transfers

Akron Fire Department – Financial Activities (2014M-196)

… did not have original receipts attached to the monthly statement. In July 2019, a Fire Department member, Richard A. …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2020/04/10/akron-fire-department-financial-activities-2014m-196

Town of Lindley – Financial Management (2012M-226)

… The Town of Lindley is located in Steuben County and has a population of approximately 1,800. The Town Board consists of the Town Supervisor and four Board members and is the legislative body responsible for overseeing the …

https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-lindley-financial-management-2012m-226

Town of Lincoln – Financial Management (2013M-245)

… 31, 2012. Background The Town of Lincoln is located in Madison County and has a population of approximately … 31, 2012, the Board accumulated unexpended surplus funds in the general fund totaling $458,698, which were excessive … occurred because the Board underestimated budget revenues in previous years and did not adopt a policy to govern the …

https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-lincoln-financial-management-2013m-245

Village of Spencerport – Financial Management (2013M-134)

… Purpose of Audit The purpose of our audit was to review the Village’s financial management … 25, 2013. Background The Village of Spencerport is located in the Town of Ogden in Monroe County and has a population of …

https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134

State Comptroller DiNapoli Releases Municipal Audits

… multiyear financial plan or capital plan. Monsey Fire District – Board Oversight (Rockland County) The board provided inadequate and ineffective oversight of the district’s operations and did not comply with General … filed. The required annual independent audit of the district’s financial records was not performed since 2012, …

https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-municipal-audits-0

Town of Amherst – Recording Financial Activity and Fleet Management (2013M-199)

… to May 8, 2013. Background The Town of Amherst is located in Erie County with a population of 122,366 residents. An … The Town Comptroller does not record reserve activity in the financial system, instead she accounts for certain reserves separately and in some cases does not maintain any record of the reserves. …

https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-amherst-recording-financial-activity-and-fleet-management-2013m-199

Use of Federal Funding for Election Technology and Security

… the Program The Board of Elections (BOE) is responsible for administering and enforcing election laws in the State. … and infrastructure. Specifically, the BOE has planned for and spent funds for the activities described in its ARMOR cybersecurity plan, …

https://www.osc.ny.gov/state-agencies/audits/2021/09/17/use-federal-funding-election-technology-and-security

Wainscott Common School District – Financial Condition (2013M-268)

… equivalent to 68 percent of the ensuing years’ budgets, or 16 times the amount allowed by statute. For the same time … that addresses the District’s long-term operational needs or the use of unexpended surplus fund balance in a manner …

https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/wainscott-common-school-district-financial-condition-2013m-268

State Agencies Bulletin No. 2307

The purpose of this bulletin is to inform agencies of the chargeback process for directmailed 2024 form W2s

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2307-direct-mailed-form-w-2-agency-chargeback

Roosevelt Fire District – Length of Service Award Program (2025M-40)

… Board did not ensure that the LOSAP was annually audited in accordance with New York State General Municipal Law (GML) Section 181-b, or in the alternative, ensure LOSAP disclosure notes were included in the District’s annual audit. During the audit period, the …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/07/18/roosevelt-fire-district-length-service-award-program-2025m-40

State Agencies Bulletin No. 1569

… or 04/06/2017 (Administration). Agencies must also review all subsequent rows to determine if additional updates are … next available sequence number. Agencies must also review all subsequent rows to determine if additional updates are … next available sequence number. Agencies must also review all subsequent rows to determine if additional updates are …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1569-april-2017-managementconfidential-mc-performance-advances