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Hamilton Fulton Montgomery Board of Cooperative Educational Services – Investment Program (2023M-116)
… (BOCES) officials developed and managed a comprehensive investment program. Key Findings BOCES officials did not develop and manage a comprehensive investment program. During the 12-month audit period, BOCES … bearing accounts. Had officials considered other available investment options, BOCES may have earned $448,000 in …
https://www.osc.ny.gov/local-government/audits/boces/2023/12/22/hamilton-fulton-montgomery-board-cooperative-educational-services-investmentLindenhurst Union Free School District – Collections (2024M-24)
… and reported. As a result, there was an increased risk of improper accounting of and potential theft of collections without detection. We reviewed $311,876 …
https://www.osc.ny.gov/local-government/audits/school-district/2024/07/19/lindenhurst-union-free-school-district-collections-2024m-24Town of Lapeer – Budgeting (2024M-127)
… balance policy specifying the Town’s objectives and goals for using the accumulated funds. Recommendations The report …
https://www.osc.ny.gov/local-government/audits/town/2025/01/31/town-lapeer-budgeting-2024m-127Webster Public Library - Board Oversight (2018M-125)
… oversight of private funds. Adopt sufficient financial and IT policies. Key Recommendations Audit all claims, including … claims, before payment. Adopt additional financial and IT policies and review and revise the bylaws and policies. …
https://www.osc.ny.gov/local-government/audits/library/2018/09/07/webster-public-library-board-oversight-2018m-125IX.8.D Electronic Refund Payments to the U.S. HHS – IX. Federal Grants
… The procedures that follow pertain to the refund or return of federal funds to the US HHS due to: … funds for awards that are closed; Monies returned by grant recipients due to audit disallowances; Cost … charged to an appropriation that was provided to control grant expenditures since such charges are reported to the …
https://www.osc.ny.gov/state-agencies/chapter-ix/ix8d-electronic-refund-payments-us-hhsXVI.3.D Basis of Accounting/Measurement Focus – XVI. Financial Reporting
… measures those transactions and events of the period that have increased or decreased the resources available for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3d-basis-accountingmeasurement-focusDiNapoli Op-Ed in Crain's New York Business
… in budgeting for the use of federal relief funds. The full op-ed is below: What Are New Yorkers Getting From …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-businessIX.12.K Functional Clearance Patterns – IX. Federal Grants
… holds federal funds in its accounts pending payment to a payee. This includes the time that checks are issued from … To calculate CMIA interest liabilities, it is necessary for OSC to develop functional clearance patterns. This is … to calculate dollar-weighted clearance patterns for all payments made from federal funds. Guide to Financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12k-functional-clearance-patternsMoriah Central School District - Cash Management (2019M-65)
… monthly cash flow forecasts that estimate available funds for investment. Ensure idle funds are invested in a manner, …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/moriah-central-school-district-cash-management-2019m-65Glens Falls Common School District - Cash Management (2019M-177)
… monthly cash flow forecasts that estimate available funds for investment. District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/15/glens-falls-common-school-district-cash-management-2019m-177Legal Aid Society
… our examination was to determine whether payments Unified Courts System (Courts) made to Legal Aid Society of New York City (Legal … for the period January 1, 2010 through December 31, 2014, Courts entered into a $236,512,842 contract with Legal Aid. … our examination was to determine whether payments Unified Courts System Courts made to Legal Aid Society of New York …
https://www.osc.ny.gov/state-agencies/audits/2015/08/26/legal-aid-societyDiNapoli Releases Report on Tax Check-Off Donations
… others had yet to spend any of their contributions. At the end of SFY 2019-20, the combined balances of these funds … on their state PIT returns continue to grow. At the end of the 2019-20 state fiscal year, there were 28 check-off …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-releases-report-tax-check-off-donationsState Comptroller DiNapoli Releases Municipal & School Audits
… local government and school audits were issued. Town of Lee – Financial Management (Oneida County) The board did not effectively manage the general and … years of operations at current spending levels. Chenango County – Court and Trust Funds The treasurer generally …
https://www.osc.ny.gov/press/releases/2025/09/state-comptroller-dinapoli-releases-municipal-school-audits-0Comptroller DiNapoli Announces $50 Million Toward Small Business Relief, Job Retention
… by the federal government if employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. The Fund’s … we can to help small businesses keep employees on their payroll, even if they may have paused operations. PPP loans …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-announces-50-million-toward-small-business-relief-job-retentionTown of Butler – Financial Management (2024M-119)
… maintained an excessive unrestricted fund balance in the townwide and TOV funds. As of December 31, 2023, the … encumbrance for a plow truck that was not recorded in the accounting records or reported on the 2023 Annual …
https://www.osc.ny.gov/local-government/audits/town/2024/12/24/town-butler-financial-management-2024m-119Mount Sinai Union Free School District – Financial Management (2013M-227)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial operations and the use of fund balance for the period July 1, 2011, through June 30, 2013. … each year (exceeding $14 million over a five-year period) to help finance the ensuing year’s operations, District …
https://www.osc.ny.gov/local-government/audits/school-district/2013/10/16/mount-sinai-union-free-school-district-financial-management-2013m-227Ontario-Seneca-Yates-Cayuga-Wayne Board of Cooperative Educational Services (BOCES) – Multiyear Planning and Software Management (2016M-249)
… funds, and software management for the period July 1, 2014 through July 5, 2016. Background The … $102.7 million. Key Findings BOCES officials did not adequately develop or use multiyear planning. BOCES officials have not developed plans that adequately describe their intentions …
https://www.osc.ny.gov/local-government/audits/boces/2016/12/09/ontario-seneca-yates-cayuga-wayne-board-cooperative-educational-services-bocesState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… with assets of $207.4 billion as of the March 31, 2018 end of its most recent fiscal year. The Fund holds and …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … activities before turning over the cash to the treasurer for deposit. Further, at least two board members review bank statements for reasonableness of deposits and compare check images to …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-releases-municipal-audits-0DiNapoli Releases December State Cash Report
… than anticipated today does not always mean flush times tomorrow. We will monitor economic and revenue developments closely as negotiations on a new state budget begin in coming weeks.” Compared to a year … accessible on his transparency website, Open Book New York …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-releases-december-state-cash-report