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Three Village Central School District – Financial Operations (2021M-141)

… financial operations. Key Findings District officials did not provide appropriate oversight over financial operations. … not: Properly assign administrative and user access rights to the financial software. Establish an electronic banking … District officials agreed with our recommendations and have initiated or indicated they planned to initiate …

https://www.osc.ny.gov/local-government/audits/school-district/2021/12/17/three-village-central-school-district-financial-operations-2021m-141

New Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)

… City Park Union Free School District is located in the Towns of Hempstead and North Hempstead in Nassau County. The District operates four schools with … Key Findings The District overestimated expenditures in its adopted budgets and then used $3.5 million of …

https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financial

Plainville Fire District – Board Oversight (2021M-91)

… - pdf ] Audit Objective Determine whether the Plainville Fire District (District) Board of Fire Commissioners (Board) provided adequate oversight of the … Determine whether the Plainville Fire District District Board of Fire Commissioners Board provided adequate oversight of the …

https://www.osc.ny.gov/local-government/audits/fire-district/2021/10/01/plainville-fire-district-board-oversight-2021m-91

Adjustments Report (RS2050)

To make corrections to the salary, service or contributions listed on previous monthly reports, NYSLRS employers use form RS2050.

https://www.osc.ny.gov/files/retirement/forms/pdf/rs2050.pdf

PUC Achieve Charter School – Board Oversight (2016M-316)

… During the first year of operations, revenues fell short of estimates, compounded by higher-than-expected …

https://www.osc.ny.gov/local-government/audits/school-district/2017/05/05/puc-achieve-charter-school-board-oversight-2016m-316

Village of Holley – Financial Condition of the Water and Sewer Funds (2014M-334)

… Purpose of Audit The purpose of our audit was to evaluate the financial condition of the Village’s water and sewer funds for the period June 1, … Village of Holley Financial Condition of the Water and Sewer Funds 2014M334 …

https://www.osc.ny.gov/local-government/audits/village/2015/04/03/village-holley-financial-condition-water-and-sewer-funds-2014m-334

Eldred Central School District – Financial Condition and Cafeteria Operations (2014M-204)

… audit was to evaluate the District’s financial condition in the general and school food service funds and to evaluate … Background The Eldred Central School District is located in four towns in Orange and Sullivan Counties. The District, which is …

https://www.osc.ny.gov/local-government/audits/school-district/2014/10/17/eldred-central-school-district-financial-condition-and-cafeteria

Village of East Syracuse – Board Oversight of Cash Receipts and Disbursements (2023M-79)

… [read complete report – pdf] Audit Objective Determine whether the Village … reviewed and certified all payroll payments to provide assurance employees received accurate pay. The Treasurer paid …

https://www.osc.ny.gov/local-government/audits/village/2023/08/18/village-east-syracuse-board-oversight-cash-receipts-and-disbursements-2023m-79

Gates-Chili Central School District - Financial Management (2019M-53)

… on surplus fund balance by making more than $12 million in unbudgeted year-end transfers to capital projects and … encumbrances by $827,000 and not using $5.3 million in appropriated fund balance as a funding source. The tax … Review and fund reserve balances to reasonable levels in accordance with applicable statutes. District officials …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/gates-chili-central-school-district-financial-management-2019m-53

Introduction – Federal Funding and New York

… for everything from paving the highways they drive on to work to bolstering the schools their children attend to helping to put food on their tables. Understanding how New Yorkers are impacted by federal dollars will be … and communities.” - Thomas P. DiNapoli Federal Revenues in the State Budget Federal Receipts Federal Spending by …

https://www.osc.ny.gov/reports/budget/fed-funding-ny/introduction

William Floyd Union Free School District – Check Signing and Online Banking (2022M-192)

… (Board) and District officials ensured check signings and online banking transactions were appropriate and secure. Key … six District accounts. District officials did not conduct online banking transactions in the most secure manner through … transfers in the Treasurer’s absence. Conduct online banking using a wired connection. District officials …

https://www.osc.ny.gov/local-government/audits/school-district/2023/02/03/william-floyd-union-free-school-district-check-signing-and-online-banking

Overview – What Every Employer Should Know

… Maybe you’re a long-standing employer looking to brush up on the basics of Retirement System participation. … you a broader understanding of the Retirement System and what it means to participate as an employer. Our ongoing goal … What every employer should know about NYSLRS and what it …

https://www.osc.ny.gov/retirement/employers/partnership/overview

Overtime Limits – Enhanced Reporting

… year-to-date totals if the automatic capping feature is not in effect yet. Report overtime above and below the … you use depend on whether the automatic capping feature is in effect). Do not withhold member contributions from … 2024 report or earlier , the automatic capping feature is in effect for the ERS members you report. If you begin …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limits

Single/Sole Source Award - C001164

Printing and Mailing of the NYSLRS Member Annual Statements

https://www.osc.ny.gov/files/procurement/pdf/c001164-single-sole-source-ad.pdf

Graded Rates – Contribution Stabilization Program

… The increase or decrease in the Retirement System graded rates depends on the gap between the System average rate and … rate will be set to the System average rate. Note: Graded rates are calculated based on a System average rate that does … How graded rates for the NYSLRS Contribution Stabilization Program change …

https://www.osc.ny.gov/retirement/employers/csp/graded-rates

Town of Stanford – Former Comptroller’s Records and Reports (2022M-33)

… $48,000 in deposits and $40,560 in withdrawals in the health reimbursement account were never recorded in the …

https://www.osc.ny.gov/local-government/audits/town/2022/05/20/town-stanford-former-comptrollers-records-and-reports-2022m-33

Existential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA

The pandemic caused a dramatic drop in riders and ridership revenue for transit systems across the country, and the MTA was hit particularly hard.

https://www.osc.ny.gov/files/reports/osdc/pdf/mta-fiscal-pressures.pdf

Northern Onondaga Public Library District – Cash Disbursements (2013M-236)

… provides adequate oversight of the District’s process for cash disbursements for the period January 1, 2012, to January 31, 2013. … direct access to District bank accounts to withdraw funds for claims that have not been reviewed by the Board members … Board provides adequate oversight of the Districts process for cash disbursements for the period January 1 20 …

https://www.osc.ny.gov/local-government/audits/library/2013/11/08/northern-onondaga-public-library-district-cash-disbursements-2013m-236