Search
Cattaraugus-Little Valley Central School District – Financial Management (2022M-23)
… budgeting practices and ensure surplus fund balance is in compliance with the statutory limit. Consistently … appropriations by an average of more than $2 million a year. Allowed surplus fund balance to exceed the statutory … insurance reserve fund balance of $227,000 which can fund average unemployment expenditures for 78 years. Did …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/01/cattaraugus-little-valley-central-school-district-financial-managementWhite Plains City School District – Financial Management (2020M-71)
… Adopt annual budgets that contain reasonable estimates for expenditures, revenues and the amounts to be transferred …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71DiNapoli: Clerk Admits Writing Nearly $5,000 in Village Checks for Herself
… to pay full restitution plus $500 to cover the village of Delhi’s insurance deductible in lieu of three years’ probation plus one year conditional … cover her personal costs,” DiNapoli said, “I thank Troop C of the New York State Police and Delaware County Special …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-clerk-admits-writing-nearly-5000-village-checks-herselfNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… In January, the Fund committed $300 million to Avenue Capital Sustainable Solutions Fund, which will focus … renewable energy, recycling and waste management. The Avenue commitment is in the Fund’s opportunistic portfolio. …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsAmityville Union Free School District – Extra-Classroom Activity Fund (2021M-87)
… officials properly collected, receipted, deposited and disbursed extra-classroom activity (ECA) funds. Key … officials did not properly collect, receipt, deposit and disburse ECA funds. Because officials did not issue … whether collections were properly collected, receipted and deposited in full. Only five deposits totaling $4,038, of …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/08/amityville-union-free-school-district-extra-classroom-activity-fund-2021mNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… its investment. The Fund was the first public pension fund in the U.S. to create an index that excludes or reduces … climate change, and seize the opportunities of the clean energy future," said Mindy S. Lubber, president and CEO of … innovation and moves companies closer to the 100 percent renewable energy economy we need." The index, which is …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli Releases October State Cash Report
… Enacted Budget projections, $46.6 million higher than the latest projections, and nearly $2.5 billion lower than a year …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportState Agencies Bulletin No. 2115
… late and a budget extender bill not be passed by 4 p.m. on Monday, April 3, 2023. Affected Employees Executive Branch* … place, OSC transmits the electronic direct deposit file on Monday evening for the paycheck dated the same week. This … unable to transmit the electronic direct deposit file on Monday evening, April 3, 2023. As a result, employee banks …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2115-paycheck-distribution-april-6-2023-institution-cycle-paychecksDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… billion in February were $21.6 million above the state’s latest estimates, according to the monthly cash report … than originally projected, and $19 million higher than the latest estimates. “This year’s budget assumed relatively … up 2 percent from last year and $21.8 million above the latest projections; All Funds receipts totaled $131.6 billion …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileState Agencies Bulletin No. 2017
… advices should the budget be late and not passed by 4pm on Monday, April 4, 2022. Affected Employees: Executive Branch* … place, OSC transmits the electronic direct deposit file on Monday evening for the paycheck dated the same week. This … delay in OSC’s ability to transmit the electronic file on Monday evening, April 4, 2022. As a result, employee banks …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2017-paycheck-distribution-april-7-2022-institution-cycle-paychecksDiNapoli Releases May State Cash Report
… Tax revenues in May were stronger than expected and came in $838 million higher … later in the year.” Tax receipts of $4.1 billion in May were 1.6 percent higher than in 2013. Total tax receipts for April and May combined were $1.4 billion below year-ago levels, primarily because …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-releases-may-state-cash-reportTown of Mooers - Cash Management (2020M-36)
Determine whether Town officials maximized interest earnings
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-cash-management-2020m-36XV.6.A Split Payroll – XV. End of Year
… charges to be used for the following fiscal year-end payroll allocation percentages. The programmed payroll allocation (split charge) will generally apply to all … Federal Funds and Capital Projects Funds. Fiscal Year Payroll Check Date used to calculate chargeable amount % or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv6a-split-payrollOpinion 98-12
… one or more bank accounts. City moneys may be temporarily advanced to the school fund, but school district moneys may not be temporarily advanced to finance city operations. You ask whether the … making budgetary transfers between appropriations. Moneys advanced pursuant to section 9-a must be repaid no later than …
https://www.osc.ny.gov/legal-opinions/opinion-98-12DiNapoli Releases Analysis of 2023-24 Enacted State Budget
… The $229 billion Enacted Budget for State Fiscal Year (SFY) 2023-24 includes new recurring spending for schools, mental health services, and health care, as well as resources for the Metropolitan Transportation Authority (MTA) and for … The $229 billion Enacted Budget for State Fiscal Year SFY 202324 includes new recurring …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetComptroller DiNapoli, A.G. Schneiderman, State & DOI Commissioner Mark Peters Announce Conviction of Non-Profit Executive Involved in Six-Year Theft Scheme
… $300,000 in public funds provided by New York State, the New York City Council, and federal earmark grants. … stole from these government grants to pay the mortgage and utilities on a commercial property she owned, make improvements to that property to increase its …
https://www.osc.ny.gov/press/releases/2015/10/comptroller-dinapoli-ag-schneiderman-state-doi-commissioner-mark-peters-announce-conviction-nonDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionDiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter
… value of the New York State Common Retirement Fund (Fund) was $273.4 billion at the end of the third quarter of State … investments returned an estimated -0.14%. “Although 2024 was generally positive, markets fell in December. Investors … paid out during the quarter. The Fund's audited value was $267.4 billion as of March 31, 2024, the end of the …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarterIX.2.B Terminology – IX. Federal Grants
… Federal awarding agencies establish individual grant award authorizations into ASAP accounts to control the flow … established, the federal agency can increase or decrease award authorizations at its discretion. This system fully … to identify payees (e.g. New York State agencies or award recipients). DUNS is part of a Federal Government-Wide …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix2b-terminologyComptroller DiNapoli Releases School Audits
… his office completed audits of the Argyle Central School District , Forestville Central School District , Northern Adirondack Central School District and the Schenevus Central School District . … his office completed audits of the Argyle Central School District Forestville Central School District Northern …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-audits