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Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … a standard leave request form or other formal procedure for employees to request leave time. The process for monitoring, requesting and approving leave is not …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-municipal-audits-1SUNY Bulletin No. SU-170
… Purpose To provide instructions to agencies for processing the M/C Discretionary Increase. … 1% Discretionary Increase The legislation provides for a 1% Discretionary Increase for employees in Annual, Biweekly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-170-2010-discretionary-increase-suny-management-confidentialLily Dale Volunteer Fire Company – Internal Controls Over Financial Operations (2013M-336)
… report or Company minutes as having been authorized for payment. The Treasurer did not include $5,533 of receipts in … annual reports. Review and authorize all claims prior to payment to ensure that they have supporting documentation and …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/lily-dale-volunteer-fire-company-internal-controls-over-financialState Agencies Bulletin No. 1118
… employers are required to furnish each employee with a Form W-2 by January 31, 2012. Effective Date(s) 2011 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1118-form-w-2-wage-and-tax-statement-calendar-year-2011City of Yonkers – Budget Review (B6-15-16)
… in future years. The City continues to rely on fund balance to close gaps in the budget. If police overtime … appropriations. Replace nonrecurring revenue, such as fund balance, in the 2016-17 budget. Tax certiorari claims should …
https://www.osc.ny.gov/local-government/audits/city/2015/07/10/city-yonkers-budget-review-b6-15-16State Agencies Bulletin No. 1264
… Purpose To inform agencies of the new procedure for processing … they determine that an employee is either not entitled to claim exempt status, or is not entitled to claim more than … failing to honor the IRS lock-in requirement could face penalty and may be liable for any taxes not withheld …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1264-new-procedure-processing-internal-revenue-service-irs-issued-lockState Agencies Bulletin No. 2048
… Purpose The purpose of this bulletin is to provide agencies with information regarding the outreach and escheatment of uncashed payroll checks for calendar year 2021. Affected … uncashed payroll check greater than $19.99 in September of 2022. A second outreach letter will be sent via certified …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2048-outreach-and-escheatment-2021-uncashed-payroll-checksSUNY System Administration Office – Selected Employee Travel Expenses
… one State University of New York System Administration Office (System Administration) employee for audit whose … among the highest in the State in the area of lodging. In total, we examined $188,074 in travel costs associated with …
https://www.osc.ny.gov/state-agencies/audits/2013/07/31/suny-system-administration-office-selected-employee-travel-expensesState Agencies Bulletin No. 2197
… in Control-D for review. This report provides agencies with the postage costs for the mailing of their employees' …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2197-direct-mailed-form-w-2-agency-chargebackDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… asset allocation.” The Fund is the third-largest public pension fund in the country and remains one of the …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionFund Financial Data – 2023 Financial Condition Report
… be soon). Funds represent sources of funding and spending for particular purposes. The General Fund is used to report … and expenditures that are not required to be accounted for in another separate fund. In New York State, significant … General Fund have been pledged or dedicated to other funds for repayment of debt or project funding and are therefore …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year … an estimated 4.51%. “The equity markets had some difficult times in 2022, but the Fund posted positive results for the … value reflects retirement and death benefits of $3.794 billion paid out during the quarter. As of Dec. 31, the Fund …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterState Agencies Bulletin No. 919
… stipend payments be exempt from Social Security and Medicare taxes. Payroll Bulletin No. 914 (Change in Taxation … stipend earnings are exempt from Social Security and Medicare taxes, while all regular earnings remain subject to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/919-taxation-retroactive-raise-payments-employees-receiving-military-stipendState Agencies Bulletin No. 1220
… employers are required to furnish each employee with a Form W-2 by January 31, 2013. 2012 Form W-2 Content …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1220-form-w-2-wage-and-tax-statement-calendar-year-2012Albany County Probation Department – Internal Controls Over Financial Operations (2013M-340)
… through June 30, 2013. Background Albany County is located in eastern New York State and has a population of … Probation Department collected $464,508 and $542,187 in restitution, fines and fees during 2011 and 2012, … policies for disbursing restitution money retained in a victims’ trust fund, Department officials have not …
https://www.osc.ny.gov/local-government/audits/county/2014/02/07/albany-county-probation-department-internal-controls-over-financial-operationsTown of Northampton – Financial Management and Internal Controls Over Town Clerk Receipts (2012M-233)
… during the year. As a result, the Board adopted budgets with inaccurate estimates of revenues and expenditures. … reserves has not, in all cases, been in accordance with Board authorizations. Deposits were not always made … is unclear. The Town has not entered into any contract with a volunteer ambulance squad or individual volunteers to …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-northampton-financial-management-and-internal-controls-over-town-clerk-receiptsAkron Fire Department – Financial Activities (2014M-196)
… [read complete report - pdf] Purpose of Audit The purpose of our audit was to determine whether Department controls … 16, 2014. Background The Akron Fire Department is located in the Village of Akron in Erie County. The Department …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2020/04/10/akron-fire-department-financial-activities-2014m-196Town of Lindley – Financial Management (2012M-226)
… August 15, 2012. Background The Town of Lindley is located in Steuben County and has a population of approximately … $309,369 and $399,024 of unrestricted surplus funds in the general and highway funds, respectively. These amounts are excessive in comparison to the Town’s expenditure levels, representing …
https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-lindley-financial-management-2012m-226Town of Lincoln – Financial Management (2013M-245)
… Purpose of Audit The purpose of our audit was to review the Town’s financial management for the period January 1, … 31, 2012, the Board accumulated unexpended surplus funds in the general fund totaling $458,698, which were …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-lincoln-financial-management-2013m-245Village of Spencerport – Financial Management (2013M-134)
… budgeting practices or the level of unexpended surplus funds to maintain. Although the Board has been provided with … $3.73 million in fund balance for the general and sewer funds, over $2.9 million of this amount was not used. … the Village has accumulated excessive unexpended surplus funds amounting to $833,139 and $522,373 in the general and …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134