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City of Olean – Budget Review (B1-14-1)
… Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating …
https://www.osc.ny.gov/local-government/audits/city/2014/03/18/city-olean-budget-review-b1-14-1City of Olean – Budget Review (B1-15-2)
… and expenditure projections in the City’s proposed budget for the 2015-16 fiscal year are reasonable. Background The … fund operating deficits to submit their tentative budgets for the next fiscal year to the State Comptroller for review while the deficit obligations are outstanding. Key …
https://www.osc.ny.gov/local-government/audits/city/2015/03/13/city-olean-budget-review-b1-15-2Hunter-Tannersville Central School District – Financial Condition (2013M-376)
… The Hunter-Tannersville Central School District is located in Greene County and is governed by the Board of Education, … the District’s unrestricted unappropriated fund balance is in compliance with Real Property Tax statutory limits. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/hunter-tannersville-central-school-district-financial-condition-2013m-376Village of Endicott – Budget Review (B4-13-8)
… deficit in the Village’s general fund as of May 31, 2004. Local Finance Law requires all local governments that …
https://www.osc.ny.gov/local-government/audits/village/2013/04/10/village-endicott-budget-review-b4-13-8Chenango Valley Central School District – Budget Review (B4-13-11)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the …
https://www.osc.ny.gov/local-government/audits/school-district/2013/04/19/chenango-valley-central-school-district-budget-review-b4-13-11City of Olean – Budget Review (B1-13-2)
… accumulated deficit in the City’s general, water and sewer funds as of May 31, 2007. Local Finance Law requires all … in the general fund budget, rather than transferring the funds to the capital projects account. …
https://www.osc.ny.gov/local-government/audits/city/2013/03/20/city-olean-budget-review-b1-13-2Norwood-Norfolk Central School District – Financial Management (2022M-129)
… take corrective action. Appendix B includes our comment on an issue raised in the District’s response. …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/10/norwood-norfolk-central-school-district-financial-management-2022m-129Village of Mexico – Financial Management (2023M-170)
… did not adopt realistic budgets or manage fund balance. As a result, more taxes were levied than needed to fund … an excessive level of unassigned surplus fund balance in the general fund; balances ranged between $839,530 and … was $509,000 while the Village had over $1.1 million in surplus funds available at the end of 2022-23 to use …
https://www.osc.ny.gov/local-government/audits/village/2024/02/16/village-mexico-financial-management-2023m-170Town of Gorham – Budgeting (2023M-181)
… and water funds combined generated a total of $1.6 million in operating surpluses. In 2021, sales tax revenues totaling $230,000 were inappropriately recorded in the TW funds instead of the TOV funds, given property …
https://www.osc.ny.gov/local-government/audits/town/2024/06/28/town-gorham-budgeting-2023m-181Sherburne-Earlville Central School District – Financial Management (2024M-61)
… did not adopt a reserve policy to define its rationale for establishing reserve funds, maximum targeted funding …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/sherburne-earlville-central-school-district-financial-management-2024m-61State Comptroller DiNapoli Releases Municipal & School Audits
… New York State Comptroller Thomas P. DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2026/04/state-comptroller-dinapoli-releases-municipal-school-audits-1Opinion 88-18
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … to Tax Law 2613 are required to be apportioned among the town and certain villages in the town for the period October 1 1986 through March 31 1987 …
https://www.osc.ny.gov/legal-opinions/opinion-88-18State Comptroller DiNapoli Releases Municipal & School Audits
… identified, reported or implemented needed remediation to reduce lead exposure in all potable water outlets as … These water outlets were not properly secured against use during auditors’ fieldwork. Delaware County Industrial … security awareness training, and ensure network user accounts were properly managed. West Henrietta Fire …
https://www.osc.ny.gov/press/releases/2026/01/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 98-14
… unit fails to submit an estimate by the designated date, the budget officer is required to prepare an estimate …
https://www.osc.ny.gov/legal-opinions/opinion-98-14State Comptroller DiNapoli Releases Municipal & School Audits
… reconciliations and bank transfers, or compare receipts with deposits to help ensure cash was accounted for and …
https://www.osc.ny.gov/press/releases/2023/08/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced the following local government audits were issued. Village of Airmont – Claims Auditing … was diminished. As of Dec. 31, 2023, required annual audits for 2017 through 2022 were not conducted. As a result, … P DiNapoli today announced the following local government audits were issued …
https://www.osc.ny.gov/press/releases/2024/06/state-comptroller-dinapoli-releases-municipal-auditsOpinion 98-10
… and miscellaneous expenditures (see DuBois v Town of New Paltz , 35 NY2d 617, 369 NYS2d 506). In addition, as …
https://www.osc.ny.gov/legal-opinions/opinion-98-10DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 126 member firms, down from …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsState Contract and Payment Actions in December
In December the Office of the State Comptroller approved 1605 contracts for state agencies and public authorities valued at $37 billion and approved more than 17 million payments worth nearly $17 billion
https://www.osc.ny.gov/press/releases/2023/02/state-contract-and-payment-actions-decemberVillage of Fredonia – Financial Condition (2025M-149)
… budget work sessions each year – the Trustees did not fully understand the Village’s financial condition and … deteriorated over a six-year period from the 2019-20 through 2024-25 fiscal years. Board members told us that … budgeting practices caused unrestricted fund balance in the general, water and sewer funds to decline by more than …
https://www.osc.ny.gov/local-government/audits/village/2026/05/08/village-fredonia-financial-condition-2025m-149