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Comptroller DiNapoli Releases School Audits
… did not maintain ledgers during the 2012-13 fiscal year. Schenevus Central School District – Budgeting (Otsego …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-auditsNYS Common Retirement Fund Announces Third Quarter Results
… (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 percent) and opportunistic alternatives and …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsComptroller DiNapoli Releases School Audits
… East Quogue Union Free School District – Selected Payroll Practices and Information Technology (Suffolk County) …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-auditsUse of Federal Funding for Election Technology and Security (Follow-Up)
… City Board of Elections. Congress passed the Help America Vote Act of 2002 (HAVA) to help reform the nation’s voting …
https://www.osc.ny.gov/state-agencies/audits/2023/06/22/use-federal-funding-election-technology-and-security-followState Agencies Bulletin No. 165
… AC-230. The original AC-230 should be noted in the remarks section of the new AC-230. Also the Agency must notify the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/165-changes-salary-refund-process-ac-230sNYS Common Retirement Fund Reports Second Quarter Results
… estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for the three-month period ending Sept. 30, 2019, …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsComptroller DiNapoli Releases School Audits
… and procedures governing cafeteria cash receipts. As a result, the district still uses only one cash drawer and … budgets by appropriating unrestricted fund balance. As a result, by the end of the 2011-12 fiscal year, the district … retained. The $956,640 balance in this reserve as of June 30, 2013 was 14 times the amount of the district’s …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-audits-0IX.6.F Agency Draw Procedures – IX. Federal Grants
… In very limited circumstances, the cognizant state agency maintains the responsibility for … manner. It is essential that state agencies understand the impact that disbursements have on the State’s checking … ACH is processed or the check is cashed by the recipient and clears the bank. Until such time reimbursement is …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6f-agency-draw-proceduresExamples from GASB Statement 34 - Statement of Cash Flows
… other payables (297,446) (86,643) (384,089) 475,212 Accrued expenses (4,251,369) 11,520 (4,239,849) …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-cash-flowsTown of Thurston – Financial Management (2013M-280)
… to govern the level of fund balance to be maintained. As a result, the general and highway funds’ unexpended surplus …
https://www.osc.ny.gov/local-government/audits/town/2014/07/18/town-thurston-financial-management-2013m-280NYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … straight quarter of strong investment returns raised the pension fund’s estimated value to a new high,” DiNapoli said. … requested data. … The New York State Common Retirement Funds Fund estimated return in the second quarter of the …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsIX.9.A Transfer Authorizations – IX. Federal Grants
… to §4 (1) of the State Finance Law, no money shall be paid from any fund under the management of the state, or any agency or officer thereof except in pursuance of an appropriation by law. Section 4 (5) also … Pursuant to 4 1 of the State Finance Law no money shall be paid from any fund under the management of the state or any …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9a-transfer-authorizationsBroadalbin-Perth Central School District – Cash Management (2020M-65)
… did not formally solicit interest rate quotes or prepare cash flow forecasts to estimate the amount of funds available … legal limits, to maximize interest earnings. Prepare cash flow forecasts that estimate funds available each month …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65North Bellmore Union Free School District – Financial Condition (2014M-47)
… use of fund balance for the period of July 1, 2012 through June 30, 2013. Background The North Bellmore Union Free …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/north-bellmore-union-free-school-district-financial-condition-2014m-47DiNapoli: State Pension Fund Value $194.3 Billion
… fiscal year. Employer contribution rates are determined by investment results over a multi-year period along with … staff, including Comptroller DiNapoli and the Fund’s Chief Investment Officer Anastasia Titarchuk, concluded that “The …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionComptroller DiNapoli, A.G. Schneiderman, State & DOI Commissioner Mark Peters Announce Conviction of Non-Profit Executive Involved in Six-Year Theft Scheme
… executive accused of pocketing taxpayer dollars intended for public services and capital improvements in New York … Grand Larceny in the Second Degree, and she faces up to 15 years in prison. Dorothy N. Ogundu, engaged in a … Edward J. Keegan, Jr. Executive Deputy Attorney General Kelly Donovan leads the Criminal Justice Division. The joint …
https://www.osc.ny.gov/press/releases/2015/10/comptroller-dinapoli-ag-schneiderman-state-doi-commissioner-mark-peters-announce-conviction-nonDiNapoli 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 … basis, spending is forecast to total $108.1 billion, a 16.5% year-over-year increase and an almost 40% increase …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetOpinion 98-12
… This opinion represents the views of the Office of the State Comptroller at the time it was … the opinion. CITIES -- Powers and Duties (commingling of city and dependent school district moneys); (use of city and … 519 NYS2d 395; see also, e.g., Divisich v Marshall , 281 NY 170; Fuhrmann v Graves , 235 NY 77; Board of Education of …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Central Islip Union Free School District – Financial Management (2013M-380)
… financial condition for the period July 1, 2012 through June 30, 2013. Background The Central Islip Union Free School … Discontinue the practice of adopting budgets that result in the appropriating unexpended surplus funds that …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380Town of Minetto – Financial Condition (2013M-284)
… condition of the general, highway and lighting district funds has diminished in recent years, resulting in fiscal … stress. As of December 31, 2012, the general and highway funds reported unexpended fund deficits of $24,853, and … and the lighting district fund had unexpended surplus funds of only $2,598. The Board does not receive monthly …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-minetto-financial-condition-2013m-284