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Elba Central School District – Financial Condition (2013M-240)
… in each of the last five fiscal years to reduce the tax levy, the Board over-estimated expenditures by an average … of fund balance would have in reducing fund balance or the property tax levy. District officials also used some of the annual …
https://www.osc.ny.gov/local-government/audits/school-district/2013/10/25/elba-central-school-district-financial-condition-2013m-240Village of Cedarhurst – Transparency of Fiscal Activities (S9-24-19)
… For example, payroll and health insurance amounts, and the tax levy were entered on the balance sheet instead of being categorized as salary expenditures and real property tax revenue. Due to the Village’s lack of transparency, …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-cedarhurst-transparency-fiscal-activities-s9-24-19State Agencies Bulletin No. 1852.1
… in the New York State Payroll System (PayServ) for tax year 2020. Due to the ongoing COVID-19 pandemic, IRS … Revenue Service) Notice 2021-07 provides temporary relief for employers and employees using the automobile lease … and securing vehicles for the agency. Note: Due to the Tax Cuts and Jobs Act (for dates beginning after December 31, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18521-procedures-reporting-taxable-value-personal-use-employer-providedState Comptroller DiNapoli Releases Municipal Audits
… and the town's 2018 tentative budget complies with the property tax cap levy limit. Islip Housing Authority – Cash … The city's proposed budget is in compliance with the property tax levy limit. Sullivan County Community College – …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… of $38,136 in the clerk’s office: $29,322 from the tax collection account and $8,814 in clerk fees. Auditors … numerous questionable deposits that were made into the tax account and may have been made by the clerk in an attempt … budget. The city’s proposed budget complies with the property tax levy limit. Parkland Alienation (2014MS-5) …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-1The 80/20 Housing Program (Follow-Up)
… and families. The federal government provides income tax credits, and municipalities provide real estate tax abatements, as incentives to developers. In New York … tax abatements through Section 421-A of New York's Real Property Tax Law. As of September 27, 2018, 93 developments, …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followNorth Warren Central School District – Financial Condition Management (2017M-197)
… exceeding the statutory limit by 13 percentage points. Tax certiorari and unemployment insurance reserves are … expenditures and needed reserves or reduce District property taxes. Review all reserves to determine whether the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/01/12/north-warren-central-school-district-financial-condition-management-2017mTown of Stanford – Financial Management (2021M-130)
… which resulted in a 58 percent decrease in real property taxes. Adopted a 2021 budget with a $749,159 increase in the tax levy over the prior year and levied more taxes than …
https://www.osc.ny.gov/local-government/audits/town/2021/09/24/town-stanford-financial-management-2021m-130Town of Deerpark – Budget Review (B6-14-17)
… source. The Town’s preliminary budget complies with the property tax levy limit. Key Recommendation Be cautious about …
https://www.osc.ny.gov/local-government/audits/town/2014/10/31/town-deerpark-budget-review-b6-14-17Village of Hempstead – Budget Review (B7-13-13)
… 2012. The Village’s proposed budget complies with the property tax levy limit. Key Recommendation There are no …
https://www.osc.ny.gov/local-government/audits/village/2013/04/24/village-hempstead-budget-review-b7-13-13Saranac Central School District - School District Website (S9-19-30)
… (CAP). Multiyear financial plan. Comprehensive appended property tax report card or CAP to the Office of the State …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/saranac-central-school-district-school-district-website-s9-19-30Newark Central School District - School District Website (S9-19-38)
… appended administrator salary disclosure and all required property tax report card information; all external and internal audit …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/newark-central-school-district-school-district-website-s9-19-38Town of Sidney – Budget Review (B4-15-18)
… letter. The Town’s preliminary budget complies with the property tax levy limit. Key Recommendations There are no …
https://www.osc.ny.gov/local-government/audits/town/2015/10/26/town-sidney-budget-review-b4-15-18Portville Central School District – Financial Condition (2013M-384)
… unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits and develop a plan for the use of …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/18/portville-central-school-district-financial-condition-2013m-384Huntington Union Free School District – Financial Condition (2015M-356)
… balance was used to finance operations so the District’s tax levy may have been higher than necessary to fund District … adopts more reasonable budgets to avoid raising more real property taxes than necessary. Discontinue the practice of …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/04/huntington-union-free-school-district-financial-condition-2015m-356New York’s Economy and Finances in the COVID-19 Era
… for employment and other economic indicators, as well as tax revenues. Real U.S. gross domestic product is projected … key fiscal elements of the proposed Budget include: Total tax receipts for this fiscal year are now projected at $77.7 … federal Medicaid funding. Due to federal stimulus and relief legislation enacted in 2020, along with declaration of …
https://www.osc.ny.gov/reports/covid-19-january-21-2021West Hill Fire District No. 3 – Financial Condition (2014M-160)
… are $55,275, which are wholly funded through real property taxes. The Board of Fire Commissioners consists of … the existing unassigned fund balance to reduce future real property tax levies. The District reported a capital reserve fund with …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/08/15/west-hill-fire-district-no-3-financial-condition-2014m-160Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits and reduce the amount of unexpended … and anticipated operations and avoid raising more real property taxes than necessary. Review all reserve balances …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191City of Yonkers – Budget Review (B22-6-5)
… State funding, one-time Federal funding and sale of property, to finance its operations. Includes revenue estimates for income tax surcharge, sewer rents and metered water sales that may … in additional debt and interest costs because the cost of tax certiorari claims are bonded instead of being financed …
https://www.osc.ny.gov/local-government/audits/city/2022/05/16/city-yonkers-budget-review-b22-6-5DiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… and on-time transit system.” The state’s increase in the payroll mobility tax will provide the MTA with $1.1 billion …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgets