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Massena Central School District - Selected Non-Payroll Disbursements (2019M-71)
… required. District officials agreed with our findings and have initiated or indicated they planned to initiate …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/massena-central-school-district-selected-non-payroll-disbursements-2019mIX.12.A Key Provisions – IX. Federal Grants
… interest calculations if the total annual expenditures for any federal program, as recorded in a given Single Audit, exceed the CMIA program threshold calculated for the upcoming state fiscal year (SFY); certain state … and the states to the date such funds are paid out for federal program purposes through either presentment of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12a-key-provisionsGroton Central School District – Cash Management (2020M-124)
… interest earnings totaled $72,555, but the District could have earned another $367,963 if officials invested available …
https://www.osc.ny.gov/local-government/audits/school-district/2021/01/29/groton-central-school-district-cash-management-2020m-124Rocky Point Union Free School District – Financial Condition (2015M-170)
… appropriating unneeded fund balance. District officials have not established a formal plan stating how much would be …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/13/rocky-point-union-free-school-district-financial-condition-2015m-170Elba Central School District – Financial Condition (2013M-240)
… any benefit the appropriation of fund balance would have in reducing fund balance or the property tax levy. …
https://www.osc.ny.gov/local-government/audits/school-district/2013/10/25/elba-central-school-district-financial-condition-2013m-240Hammond Central School District – Financial Management (2024M-70)
… manage the District’s fund balance and reserve funds. As a result, they levied more taxes than needed to fund … addition, they exceeded the voter-approved funding level for the capital reserve fund by $900,000. Accumulated … made to increase various reserve funds. Among these was a $350,000 transfer to increase the employee benefit accrued …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/hammond-central-school-district-financial-management-2024m-70City of Amsterdam – Budget Review (B23-5-4)
… an independent evaluation of the City’s proposed budget for 2023-24. Background Chapter 531 of the Laws of 2019 … is authorized to issue the deficit obligations, and for each subsequent fiscal year during which the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Findings The …
https://www.osc.ny.gov/local-government/audits/city/2023/05/05/city-amsterdam-budget-review-b23-5-4State Pension Fund Adds $30 Million for Investments in New York Companies
… The New York State Common Retirement Fund has committed an additional $30 million to Primary Venture Partners to invest in state-based companies, New York State …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesNYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for … 31, 2020, and ended the quarter with an estimated value of $247.7 billion, according to New York State Comptroller … with a long-term perspective that has been the foundation of our success.” The Fund's estimated value reflects benefits …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… one of the nation’s strongest and best-funded,” DiNapoli said. “While the reduction in employer contribution rates is …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemIX.6.D HHS Payment Management System – IX. Federal Grants
… to the appropriate account(s) in PMS. In order to receive funds through PMS, each agency is required to register their … Account Number (PAN) that are being drawn is at least one dollar greater than the amount being returned. Federal Financial Reports (FFR) In addition to federal drawdowns, PMS …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6d-hhs-payment-management-systemDiNapoli Releases Analysis of State Financial Plan
… tax rate increases in PIT and corporate franchise taxes and largely unrestricted federal aid are expected to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli Releases Review of Executive Budget
… of the pandemic, inflation, and supply chain issues all remain risks to the state’s economic recovery and … loan for the Gateway project. Financial Plan Overview All Funds tax receipts that were initially expected to … neutral over the financial plan period. DOB estimates All Funds receipts in the current year will total $243.4 …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: January Tax Collections Fall Short
… State tax collections through the first 10 months of the state’s fiscal year rose 1 percent from last year to $58.9 … and less than $1 million below projections. The General Fund ended January with a balance of $10.4 billion, which was …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortComptroller DiNapoli Releases State Audits
… Finance, Controls and Accountability of Court, Trust and Bail Funds (2013-N-1) The Finance Department could not accurately account for court, trust and bail funds. For example, Finance's Court Assets Tracking … city for certain abandoned accounts. Court orders to pay out Bail funds were not always processed timely resulting in …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases Municipal Audits
… today announced the following local government audits have been issued. Chautauqua County Soil and Water … Technology (Westchester County) The town did not have an acceptable use policy. Auditors reviewed the … today announced the following local government audits have been issued …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $254.1 … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterNYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2015-2016 was 0.52 percent for the … period ending June 30, 2015, with an estimated value of $182.5 billion, according to New York State Comptroller … quarter. The Fund's audited value was $184.5 billion as of the end of the state fiscal year on March 31, 2015. As of …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsXIX.6.D Reporting – XIX. Project Costing (PCIP)
… cost, and breakdown by federal funds and state funds, if a single Project ID is used. NYGR0210 – Spending Activity … Grant Awards The NYGR0210 will replace the NYGR0010 for April implementation and enhances its capabilities. … grant reporting will be based on the relationship of a Project/Activity to a Customer Contract. The report …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix6d-reporting