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DiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress

… “moderate fiscal stress” and four villages as “susceptible to fiscal stress.” “These local communities were already … the fiscal health of 523 villages, which predominantly have a fiscal year ending on May 31, based on self-reported … of Buffalo, Rochester, Syracuse and Yonkers, each of which have fiscal years ending on June 30. For the fiscal years …

https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stress

City of Newburgh – Budget Review (B17-6-18)

… review was to determine whether the significant revenue and expenditure projections in the City’s proposed budget for … are outstanding. Key Findings The significant revenue and expenditure projections in the proposed budget are …

https://www.osc.ny.gov/local-government/audits/city/2017/11/14/city-newburgh-budget-review-b17-6-18

Operational Advisory No. 3

… be re-budget checked and be in a valid budget status prior to submittal to OSC. Changing chart of account values on vouchers will … Officers are requested to ensure that all individuals who have any Statewide Financial System role allowing him/her to …

https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/3-budget-check-reminder

Campbell-Savona Central School District – Budget Review (B2-13-12)

… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … located in Steuben County, issued debt totaling $3,250,000 to liquidate the accumulated deficit in the District’s … 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/school-district/2013/04/24/campbell-savona-central-school-district-budget-review-b2-13-12

Town of Deerpark – Budget Review (B17-6-17)

… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the Town’s preliminary budget for the 2018 fiscal year are … State Local Finance Law requires all municipalities that have been authorized to issue obligations to fund operating …

https://www.osc.ny.gov/local-government/audits/town/2017/11/10/town-deerpark-budget-review-b17-6-17

City of Long Beach – Budget Review (B23-7-3)

… review was to determine whether the significant revenue and expenditure projections in the City’s proposed budget for the 2023-24 fiscal year are reasonable, and whether the City took appropriate action to implement or … the accumulated deficit in the City’s general fund and certain other funds as of June 30, 2012. Local Finance …

https://www.osc.ny.gov/local-government/audits/city/2023/05/05/city-long-beach-budget-review-b23-7-3

Town of Boylston – Procurement (2021M-56)

… annually, the last time the Board reviewed the policy was in 2012. The procurement policy does not require Town … action. Appendix B includes our comments on issues raised in the Town’s response letter. … Determine whether Town of …

https://www.osc.ny.gov/local-government/audits/town/2021/11/24/town-boylston-procurement-2021m-56

Campbell-Savona Central School District – Budget Review (B2-16-6)

… the significant revenue and expenditure projections in the District’s tentative budget for the 2016-17 fiscal … totaling $3,250,000 to liquidate the accumulated deficit in the District’s general fund as of June 30, 2006. Local … The significant revenue and expenditure projections in the tentative budget appear reasonable. The District …

https://www.osc.ny.gov/local-government/audits/school-district/2016/04/13/campbell-savona-central-school-district-budget-review-b2-16-6

Village of Suffern – Budget Review (B17-6-8)

… review was to determine whether the significant revenue and expenditure projections in the Village’s proposed budget … deficits in the Village’s general, water, sewer and capital projects funds as of May 31, 2015. New York State … are outstanding. Key Findings Significant revenue and expenditure projections in the proposed budget are …

https://www.osc.ny.gov/local-government/audits/village/2017/04/20/village-suffern-budget-review-b17-6-8

East Moriches Union Free School District -- Budget Review (B7-16-3)

… The East Moriches Union Free School District is located in Suffolk County. Pursuant to Chapter 354 of the Laws of … totaling $2 million to liquidate the accumulated deficit in the District’s general fund as of June 30, 2006. Local … that the significant revenue and expenditure projections in the tentative budget are reasonable. District officials …

https://www.osc.ny.gov/local-government/audits/school-district/2016/04/01/east-moriches-union-free-school-district-budget-review-b7-16-3

Village of Endicott – Budget Review (B4-16-7)

… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … located in Broome County, issued debt totaling $2 million to liquidate the accumulated deficit in the Village’s general … 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/village/2016/04/15/village-endicott-budget-review-b4-16-7

Operational Advisory No. 28

… made while the SFS was down for FYE processing are entered and posted correctly in SFS. To ensure that these transactions process accurately and completely, agencies should verify that the following is … are being processed. In addition to the Appropriation and Segregation levels, other budgets must be in place where …

https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/28-guidance-processing-sfs-transactions-production-after-fiscal-year-end-fye

Town of Cochecton - Fund Balance Management and Multiyear Planning (2018M-208)

… Key Recommendations Continue to adjust user charges in the sewer district as needed to enable the fund to become …

https://www.osc.ny.gov/local-government/audits/town/2019/02/15/town-cochecton-fund-balance-management-and-multiyear-planning-2018m-208

Receiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan

… Receiving Your Benefit At retirement, you must decide how you want your retirement benefit paid. You can choose … selected Cash Refund — Contributions (Option ½), with your estate named as beneficiary. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …

https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-election

Receiving Your Benefit and Filing Your Option Election – Police and Fire Plan

… Receiving Your Benefit At retirement, you must decide how you want your retirement … to a designated beneficiary after your death. Filing Your Option Election You must file your Option Election form (unless …

https://www.osc.ny.gov/retirement/publications/1512/receiving-your-benefit-and-filing-your-option-election

Vested Retirement Benefit – En-Con Police Officers Plan

… employment before retirement age and have five years of credited service. When you reach retirement age, you will … to retire depends on your tier: Tiers 1 & 2 — the first of the month following your 55th birthday. Tiers 3 & 5 — … Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …

https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefit

Receiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan

… Receiving Your Benefit At retirement, you must decide how you want your retirement benefit paid. You can choose … payable during your lifetime, with nothing payable to a beneficiary upon your death. Or, you may elect to receive a … selected Cash Refund — Contributions (Option ½), with your estate named as beneficiary. … EnCon Police Officers Plan …

https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-election

Vested Retirement Benefit – Regional State Park Police Plan

… if you leave public employment before retirement age and have five years of credited service. When you reach retirement age, you will be entitled to a retirement benefit based on your service and your … you were an active member. 1 The date you are eligible to retire depends on your tier. Tiers 1 & 2 — the first of …

https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefit