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Town of Minetto – Financial Condition (2013M-284)
… fund, $434,000 in the highway fund, and $42,000 in the lighting district. Key Findings The Board has adopted budgets … the financial condition of the general, highway and lighting district funds has diminished in recent years, … deficits of $24,853, and $31,823, respectively, and the lighting district fund had unexpended surplus funds of only …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-minetto-financial-condition-2013m-284State Comptroller DiNapoli Releases Municipal Audits
… and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-municipal-auditsNorth Bellmore Union Free School District – Financial Condition (2014M-47)
… audit was to examine the District’s financial operations and the use of fund balance for the period of July 1, 2012 … is governed by an elected five-member Board of Education and operates five schools, with approximately 2,100 students. … overestimated appropriations in its adopted budgets and consistently appropriated funds balance that was not …
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
… to §4 (1) of the State Finance Law, no money shall be paid from any fund under the management of the state, or any … also provides that financial resources may be transferred from one fund to another with specific statutory … 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 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9a-transfer-authorizationsBroadalbin-Perth Central School District – Cash Management (2020M-65)
… Objective Determine whether District officials maximized interest earnings. Key Findings District officials did not … program. As a result, officials did not maximize interest earnings for the District. Officials did not formally solicit interest rate quotes or prepare cash flow forecasts to …
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
Although the state Division of the Budget DOB forecasts in the State Fiscal Year SFY 202223 Executive Budget that the budget will remain in balance for the next five years the direction of the pandemic inflation and supply chain issues all remain risks to the states economic recovery
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli Releases Analysis of State Financial Plan
… fiscal footing. Making deposits to the rainy-day reserves on or ahead of schedule may help prevent disruptions in … peak at nearly 7.7 million in SFY 2022-23 and return to near pre-pandemic levels of 6.1 million in SFY 2023-24. If … the Future Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planTown of Windsor – Capital Project (2025M-52)
… (OSC) 1 that construction costs of a town-owned building is a charge to TW residents rather than TOV … when TW funds are not used to construct a Town-owned building, taxpayer inequities can occur as the costs are …
https://www.osc.ny.gov/local-government/audits/town/2025/08/29/town-windsor-capital-project-2025m-52Steuben County – Financial Management (2025M-127)
… fund balance? Audit Period January 1, 2021 – July 31, 2025. We extended the audit period back to 2014 to review … which represents the difference between revenues and expenditures accumulated over time. Maintaining a reasonable … annual budget, developing written multiyear financial and capital plans, and establishing financial policies, such as …
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
… The Department of Health and Human Services’ (HHS) Division … federal awarding agencies and state grant recipients the tools to manage grant payment requests, and disbursement … The Department of Health and Human Services HHS Division of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6d-hhs-payment-management-systemDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… today announced reductions in employer contribution rates to the New York State and Local Retirement System … and Police and Fire Retirement System (PFRS). The adjusted rates will impact payments next State Fiscal Year 2022-23. In … said. “While the reduction in employer contribution rates is welcome news for taxpayers, our investment decisions …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemVillage of Potsdam – Financial Condition (2017M-61)
… 30, 2016. Background The Village of Potsdam is located in the Town of Potsdam in St Lawrence County and has a population of approximately … Key Recommendations Continue to work to eliminate deficits in the operating funds and to increase fund balance to the …
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)
… financial activity between the general, capital projects and special aid funds for the period July 1, 2010 through … fund’s general ledger accounts were accurate, complete and up-to-date. Key Recommendations Ensure that journal entries are understood, supported and posted timely and accurately to the general ledger. …
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
… $30 million to Primary Venture Partners to invest in state-based companies, New York State Comptroller Thomas … The commitment will be made through the pension fund’s In-State Private Equity Investment Program, designed to make profitable investments in companies located in New York state. This is the state …
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)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2023-24. Background Chapter 531 of the Laws of … 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-b23-5-4NYS Common Retirement Fund Reports Third Quarter Results
The New York State Common Retirement Funds Fund estimated return in the third quarter of the State Fiscal Year SFY 202021 was 1001 percent for the threemonth period ending Dec 31 2020 and ended the quarter with an estimated value of $2477 billion according to Comptroller DiNapoli
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
… in meeting expectations. The review examined documents for all investment transactions requiring DiNapoli’s approval … and a ban on pay-to-play practices by prohibiting the Fund from doing business with any investment adviser who had made …
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)
… the 2013-14 fiscal year totaled $9.7 million. Key Findings From the 2008-09 to 2012-13 fiscal years, District officials …
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
State tax collections through the first 10 months of the states fiscal year rose 1 percent from last year to $589 billion but were $3673 million below the states latest estimates because of lower than expected Personal Income Tax PIT collections
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-short