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XVI.3 Overview – XVI. Financial Reporting
… This section includes a discussion of the New York State Financial Reporting Entity for the purpose of … not included in the State's periodic financial reports and why. The principles described in this chapter are applicable …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3-overviewVillage of Depew – Internal Controls Over Capital Projects (2013M-29)
… the Village properly recorded capital project activity for the period June 1, 2006, to October 12, 2012. Background … four Trustees and a Mayor. The Village’s expenditures for the 2011-12 fiscal year totaled approximately $12.4 … Findings We found significant problems with the accounting for and reporting of capital project activity and the use of …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-depew-internal-controls-over-capital-projects-2013m-29Town of Saugerties – Information Technology (2015M-117)
… computer use policy. The Board has not developed computer security and disaster recovery plans, and has not established … Adopt IT policies and procedures related to computer security, disaster recovery and breach notification and …
https://www.osc.ny.gov/local-government/audits/town/2015/08/07/town-saugerties-information-technology-2015m-117Selected Aspects of Discretionary Spending
… Authority (Authority) was created in 1969. Its mission is to provide and continuously improve public transportation … incurs direct costs for specific program purposes, and it incurs indirect or “discretionary costs” that support overall objectives. Each public authority should have formal policies and procedures specifying the types of …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-0Town of Western - Supervisor’s Records and Reports (2022M-184)
… reports. As a result, the Town Board’s (Board’s) ability to monitor the Town’s financial operations and make sound … of the accountant’s work. As a result, the Town does not have accurate financial records and has been unable to obtain bonding for a capital project. In addition, the …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-western-supervisors-records-and-reports-2022m-184Village of Pomona – Financial Condition (2015M-272)
… Purpose of Audit The purpose of our audit was to examine the Village’s … July 10, 2015. Background The Village of Pomona is located in the Towns of Haverstraw and Ramapo in Rockland County. The Village, which has a population of …
https://www.osc.ny.gov/local-government/audits/village/2015/12/31/village-pomona-financial-condition-2015m-272Cortland Enlarged City School District – Oversight of Financial Operations (2012M-230)
… Background The Cortland City School District is located in the City of Cortland and five towns in Cortland County. The District is governed by the Board of … As a result, the District lost out on at least $52,000 in reimbursement revenues due. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operationsTransportation – 2021 Financial Condition Report
… by 1.7 percent in 2020. In 2020, 54.8 percent of the State’s highway lane miles were rated good to excellent, a 1.0 … Since 2016, But Are Worse Than in Other States In 2020, New York State was responsible for maintaining 8,528 bridges.* A …
https://www.osc.ny.gov/reports/finance/2021-fcr/transportationSeymour Public Library District – Over-the-Counter Cash Receipts (2015M-102)
… Purpose of Audit The purpose of our audit was to examine and evaluate the Library’s processes for … fees. The Director does not generate a daily cash report from the System to assist in reconciling daily fine and fee collections or to …
https://www.osc.ny.gov/local-government/audits/library/2015/07/24/seymour-public-library-district-over-counter-cash-receipts-2015m-102Graded Rates – Contribution Stabilization Program
How graded rates for the NYSLRS Contribution Stabilization Program change
https://www.osc.ny.gov/retirement/employers/csp/graded-ratesFonda-Fultonville Central School District – Payroll (2015M-118)
… January 31, 2015. Background The Fonda-Fultonville Central School District is located in the Towns of Amsterdam, … for certification. … FondaFultonville Central School District Payroll 2015M118 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/04/fonda-fultonville-central-school-district-payroll-2015m-118Cicero Fire District – Financial Condition (2023M-132)
… were timely, accurate, and contained the necessary information it needed to properly monitor the District’s …
https://www.osc.ny.gov/local-government/audits/fire-district/2023/12/29/cicero-fire-district-financial-condition-2023m-132Village of Morris – Fund Balance (2017M-58)
… Purpose of Audit The purpose of our audit was to evaluate the Village’s fund balance management for the … years, the general fund balance increased by 42 percent to $338,000, or 159 percent of actual expenditures, and the water fund balance increased by 58 percent to $238,700, or 240 percent of actual expenditures. The Board …
https://www.osc.ny.gov/local-government/audits/village/2017/06/09/village-morris-fund-balance-2017m-58Glen Cove City School District – Portable Electronic Devices and Conflict of Interest (2016M-285)
… pertaining to each asset. Ensure that the District does not enter into any contract in which a District officer …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/25/glen-cove-city-school-district-portable-electronic-devices-and-conflictNorth Merrick Union Free School District – Treasurer’s Duties (2013M-366)
… Education Law. The Board should ensure that this designee does not sign checks on a regular basis, but only in the …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/north-merrick-union-free-school-district-treasurers-duties-2013m-366Odessa-Montour Central School District – Financial Condition (2016M-71)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period … reserve policy. Develop a multiyear financial plan to estimate the future costs of ongoing services based on …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/odessa-montour-central-school-district-financial-condition-2016m-71Oakfield-Alabama Central School District – Budgeting (2016M-172)
… reserves as a funding source in annual budgets but does not use them, and the Board did not establish an …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/oakfield-alabama-central-school-district-budgeting-2016m-172State Agencies Bulletin No. 238
… is inactivated or abolished in NYSTEP. Based on this information, OSC automatically inactivates or abolishes the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/238-abolished-and-inactivated-nystep-positionsTransportation – 2022 Financial Condition Report
… by 4.7 percent in 2021. In 2021, 56.8 percent of the State’s highway lane miles were rated good to excellent, a 2 … Since 2017, But Are Worse Than in Other States In 2021, New York State was responsible for maintaining 8,527 bridges.* A …
https://www.osc.ny.gov/reports/finance/2022-fcr/transportationVillage of East Hampton – Information Technology (2015M-187)
… if computerized data and assets were properly safeguarded for the period August 1, 2013 through April 30, 2015. … five-member Board of Trustees. General fund expenditures for the 2013-14 fiscal year were approximately $19.7 million. … is provided only to specified persons and only based on the needs associated with their job functions. Adopt and …
https://www.osc.ny.gov/local-government/audits/village/2015/11/06/village-east-hampton-information-technology-2015m-187