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State Comptroller DiNapoli Releases School District Audits
… could not explain how the finance committee participated in the budgeting process or identify what reports the … ECA and scholarship funds were not properly accounted for and appropriately used. A lack of adequate oversight, … of duties and lack of written policies and procedures for scholarship funds allowed the former treasurer to use …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-releases-school-district-auditsMonitoring and Administration of Public Protection Grant Programs
… of violent crime – such as aggravated assault, forcible rape, and robbery – in the State, excluding New York City. …
https://www.osc.ny.gov/state-agencies/audits/2020/04/24/monitoring-and-administration-public-protection-grant-programsCity of Amsterdam – Budget Review (B20-5-8)
… The adopted budget includes estimated revenues for Federal aid, State funding for Aid and Incentives for … for unanticipated costs. The adopted budget includes a tax levy of $6,047,472 which exceeds the allowable tax levy limit by $187,957. However, the Council adopted a …
https://www.osc.ny.gov/local-government/audits/city/2020/09/25/city-amsterdam-budget-review-b20-5-8State Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… New York State Comptroller Thomas P. DiNapoli today announced a $3 billion increase to the New York State Common Retirement Fund’s (Fund) Sustainable Investment Program, … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programUlster County – Financial Condition (2014M-27)
… our audit was to review the County’s financial condition for the period of January 1, 2012 through September 30, 2013. … 182,000 residents. General fund appropriations for 2013 totaled approximately $290 million. Key Finding …
https://www.osc.ny.gov/local-government/audits/county/2014/05/09/ulster-county-financial-condition-2014m-27Town of Moriah - Cash Management (2019M-169)
… were maximized. Had the Supervisor invested available funds in a financial institution with higher available … Recommendations Periodically solicit interest rate quotes from multiple financial institutions. Prepare monthly cash flow forecasts that estimate available funds for investment. Ensure available funds are invested in a …
https://www.osc.ny.gov/local-government/audits/town/2019/11/27/town-moriah-cash-management-2019m-169Village of Greenwich - Cash Management (2019M-230)
… officials maximized interest earnings. Key Findings The Board did not develop and manage a comprehensive … could have been increased by approximately $42,200 during the audit period. Key Recommendations Periodically solicit … monthly cash flow forecasts that estimate available funds for investment. Ensure available funds are invested within …
https://www.osc.ny.gov/local-government/audits/village/2020/04/17/village-greenwich-cash-management-2019m-230II.4.B Basis of Accounting – II. New York State Financial Accounting
… The State prepares financial statements on three bases of accounting: cash, modified accrual and accrual. Financial … functions are financed). Under GAAP, the accrual basis of accounting shall be used for the government-wide financial … funds, component units and fiduciary funds. The cash basis of accounting is used for budgetary purposes. For additional …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4b-basis-accountingMattituck-Cutchogue Union Free School District – Financial Condition (2013M-322)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial operations and use of … Mattituck-Cutchogue Union Free School District is located in the Town of Southold in Suffolk County. The District is … in fact it exceeded that limit each year. The Board has not adopted a policy or plan for accumulating and using …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/24/mattituck-cutchogue-union-free-school-district-financial-condition-2013mNYS Common Retirement Fund Announces Second Quarter Results
… of the state fiscal year 2017-2018 was 3.67 percent for the three-month period ending Sept. 30, 2017, with an … State Comptroller Thomas P. DiNapoli. "I am pleased to report that the Fund has reached the $200 billion milestone, … that provide consistent returns and retirement security for our members, retirees and beneficiaries for decades to …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… events. New York stands with the Ukrainan people. We hope for a peaceful resolution.” The Fund estimates it has $110.8 …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewIX.6.E Education Department - G5 System – IX. Federal Grants
… is strictly enforced by the system. Since OSC BSAO draws down funds based on expenditures that are recorded in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6e-education-department-g5-systemTown of Deerfield – Financial Management and Fuel Inventory (2012M-253)
… 2011, to July 31, 2012. Background The Town of Deerfield is located in Oneida County and has a population of 4,273 …
https://www.osc.ny.gov/local-government/audits/town/2013/03/15/town-deerfield-financial-management-and-fuel-inventory-2012m-253City of Amsterdam – Budget Review (B24-5-5)
… Comptroller, starting with the fiscal year during which it was authorized to issue the deficit obligations, and for …
https://www.osc.ny.gov/local-government/audits/city/2024/05/13/city-amsterdam-budget-review-b24-5-5Comptroller DiNapoli Releases Municipal Audits
… continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-municipal-auditsSustainable Investments and Climate Solutions Program
… wellbeing Improving conditions to support human health, nutrition, and quality of life. Economic Development …
https://www.osc.ny.gov/common-retirement-fund/sustainable-investments-and-climate-solutions-programHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs
… April 2017 through June 2022. About the Program HCR is the State’s affordable housing agency, with a mission to build, … homeownership throughout the State. HCR is comprised of several different offices and agencies, including the … Renewal is allocated federal funding from the U.S. Department of Housing and Urban Development (HUD) to …
https://www.osc.ny.gov/state-agencies/audits/2022/09/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingBuffalo United Charter School - Financial Management (2018M-197)
Determine whether the Board ensured School funds are used in the most effective and economical manner.
https://www.osc.ny.gov/files/local-government/audits/pdf/buffalo-charter.pdfComptroller’s Fiscal Update: State Fiscal Year 2017-18 Receipts and Disbursements Through the Mid-Year, October 2017
Receipts from All Governmental Funds totaled $76.6 billion through the first half of the fiscal year.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-update-midyear-2017-18.pdfTuckahoe Common School District - Financial Condition (2018M-191)
Determine whether the Board and District officials ensured that fund balance and restricted funds were reasonable.
https://www.osc.ny.gov/files/local-government/audits/pdf/tuckahoe-191.pdf