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Town 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-284State Comptroller DiNapoli Releases Municipal Audits
… of the town’s financial condition. Three of the town’s funds have carried repeated fund balance deficits, while two other funds have accumulated unrestricted fund balances equal to at … least 45 percent of the next year’s budgets and no reserve funds were established. In addition, the town has nearly $605 …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-municipal-auditsNorth Bellmore Union Free School District – Financial Condition (2014M-47)
… in its adopted budgets and consistently appropriated funds balance that was not needed. The District’s unexpended surplus funds exceed the level established by Real Property Tax Law. … estimates for appropriations and unexpended surplus funds. Review fund balance and develop a plan to reduce the …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/north-bellmore-union-free-school-district-financial-condition-2014m-47IX.9.A Transfer Authorizations – IX. Federal Grants
… the authorizations necessary to transfer federal grant funds to reimburse other state funds for costs associated with the administration of federal grant funds. These costs include, but are not limited to: Personal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9a-transfer-authorizationsBroadalbin-Perth Central School District – Cash Management (2020M-65)
… or prepare cash flow forecasts to estimate the amount of funds available for investment. Officials earned interest … from multiple financial institutions. Ensure available funds are invested within legal limits, to maximize interest … earnings. Prepare cash flow forecasts that estimate funds available each month for investment. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65DiNapoli Releases Review of Executive Budget
… has long cited the inadequate levels of state reserve funds as a significant fiscal concern. At the end of SFY … reserves to 15% of spending from State Operating Funds. The Executive Budget now proposes to set aside $11.8 … reserves, as well as planned deposits to the two rainy day funds through SFY 2024-25, which would increase reserve funds …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli Releases Analysis of State Financial Plan
… disbursements in SFY 2022-23 of $222.2 billion from All Funds, including $122.7 billion from State Operating Funds. General Fund disbursements (including transfers to other funds) are projected by DOB to total $96.1 billion in SFY …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planTown of Windsor – Capital Project (2025M-52)
… audit period forward to December 31, 2024 to document the change in Town Supervisors (Supervisor). Understanding the …
https://www.osc.ny.gov/local-government/audits/town/2025/08/29/town-windsor-capital-project-2025m-52Steuben County – Financial Management (2025M-127)
… Did Steuben County County officials effectively manage the Countys fund …
https://www.osc.ny.gov/local-government/audits/county/2025/12/31/steuben-county-financial-management-2025m-127IX.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 … those state agencies that must receive permission to draw funds prior to submitting an actual drawdown request, OSC BSAO will draw funds after the agency receives permission and subsequently …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6d-hhs-payment-management-systemDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… median assumed rate of return among state public pension funds is 7.0% as of August 2021, according to the National …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemVillage of Potsdam – Financial Condition (2017M-61)
… Purpose of Audit The purpose of our audit was to determine whether the Board effectively … 1, 2015 through November 30, 2016. Background The Village of Potsdam is located in the Town of Potsdam in St Lawrence … Village of Potsdam Financial Condition 2017M61 …
https://www.osc.ny.gov/local-government/audits/village/2017/05/26/village-potsdam-financial-condition-2017m-61Grand Island Central School District – Interfund Financial Activity (2016M-42)
… between the general, capital projects and special aid funds for the period July 1, 2010 through September 30, 2015. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/grand-island-central-school-district-interfund-financial-activity-2016mState Pension Fund Adds $30 Million for Investments in New York Companies
… instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 80 …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli: 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-billionCity of Amsterdam – Budget Review (B23-5-4)
… the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. Local Finance Law … The proposed budgets for the general and recreation funds are not structurally balanced because they include subsidies from other funds to finance their operations. The proposed budget …
https://www.osc.ny.gov/local-government/audits/city/2023/05/05/city-amsterdam-budget-review-b23-5-4NYS Common Retirement Fund Reports Third Quarter Results
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: Independent Review Finds State Pension Fund Operates at Highest Ethical and Professional Standards
… that DiNapoli fought for when he became State Comptroller to provide the public with a clear, independent assessment of … and adherence to strict ethical standards and include a ban on placement agents to eliminate the potential for abuse; … managers, consultants, and advisory committees; and a ban on pay-to-play practices by prohibiting the Fund from …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-independent-review-finds-state-pension-fund-operates-highest-ethical-and-professionalElba Central School District – Financial Condition (2013M-240)
… in operating surpluses, which caused unexpended surplus funds to exceed statutory limits in each of the past five … For example, as of June 30, 2013, unexpended surplus funds exceeded statutory limits by $949,184. Although … surplus fund balance and the excess amounts in reserve funds in a manner that benefits District taxpayers. Review …
https://www.osc.ny.gov/local-government/audits/school-district/2013/10/25/elba-central-school-district-financial-condition-2013m-240DiNapoli: January Tax Collections Fall Short
… million higher than initial projections in April 2014. All Funds receipts totaled $120.7 billion through January, $746.7 … were $117.5 million below the latest projections. All Funds spending of $112.2 billion through Jan. 31 was $264.7 … focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major operating fund of the …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-short