Search
Westfield, Town of – Financial Management (2013M-389)
… Board adopted budgets that inappropriately allocated State retirement contributions and medical insurance costs to the … Key Recommendations Adopt budgets that allocate State retirement contributions and medical insurance costs between …
https://www.osc.ny.gov/local-government/audits/town/2014/05/02/westfield-town-financial-management-2013m-389Town of Marilla – Town Supervisor’s Activities (2015M-27)
… Purpose of Audit The purpose of our audit was to review the Supervisor’s financial records … 1, 2009 through February 3, 2015. Background The Town of Marilla is located in Erie County and has a population of …
https://www.osc.ny.gov/local-government/audits/town/2015/05/22/town-marilla-town-supervisors-activities-2015m-27Sullivan West Central School District – Financial Condition (2014M-40)
… audit was to examine the District’s financial activities for the period July 1, 2012 through October 8, 2013. … The Sullivan West Central School District is located in Sullivan County. The District, which is governed by an … with approximately 1,200 students. Budgeted appropriations for the 2013-14 fiscal year totaled approximately $33 …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/15/sullivan-west-central-school-district-financial-condition-2014m-40Cattaraugus-Allegany-Erie-Wyoming Board of Cooperative Educational Services – Financial Management (2016M-77)
… audit was to review BOCES’ financial management practices for the period July 1, 2012 through December 30, 2015. Background The Cattaraugus-Allegany-Erie-Wyoming … Educational Services is a governmental entity covering 22 component school districts in a four-county area. BOCES is …
https://www.osc.ny.gov/local-government/audits/boces/2016/08/18/cattaraugus-allegany-erie-wyoming-board-cooperative-educational-services-financialJefferson Central School District – Fund Balances (2015M-236)
… for the 2015-16 fiscal year total $6.4 million. Key Findings Reserve balances accumulated to significant … to the amounts necessary for their stated purposes. Key Recommendations Establish formal spending levels and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/15/jefferson-central-school-district-fund-balances-2015m-236Southampton Union Free School District – Financial Management (2024M-43)
… accounts and overestimated certain expenditure accounts in the annual budgets. Did not have support for the … and use any excess funds identified to benefit residents in accordance with statutory requirements. Except as noted in Appendix A, District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/18/southampton-union-free-school-district-financial-management-2024m-43Town of Chester – Justice Court Operations and Credit Card and Employee Reimbursements (2017M-67)
… collected, recorded, deposited, disbursed and reported in a proper and timely manner, and whether internal controls … 31, 2016. Background The Town of Chester is located in Warren County. The Town, which is governed by an elected … cash exceeded known liabilities for each of the 22 months in our audit period by an average of $15,700. Employees made …
https://www.osc.ny.gov/local-government/audits/justice-court/2017/11/21/town-chester-justice-court-operations-and-credit-card-and-employeeCost-Saving Ideas: Legal Requirements
… Cash Management for Local Governments General Municipal Law (GML) Section 10 … Banking Law Section 107-a requires a bank or trust company to provide a pledge of assets or other security for … Office of the State Comptroller also has regulations on this subject (2 NYCRR Part 39). Education Law Section 416 …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… partnership is designed to help strengthen the Fund as it provides benefits to New York’s current and future public …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: State Tax Receipts Through First Quarter Exceed Financial Plan Projections by $1.7 Billion
… Comptroller Thomas P. DiNapoli. “The revenue news for New York was positive for the first quarter,” DiNapoli said. … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-state-tax-receipts-through-first-quarter-exceed-financial-plan-projections-1-point-7-billionNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… New York State Comptroller Thomas P. DiNapoli released the following … risk, please see the 2023 Progress Report on the New York State Common Retirement Fund’s Climate Action Plan. …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleDiNapoli Releases Year-End and April Cash Reports
… receipts a year ago, but $86.8 million higher than the projections included in the Enacted Budget Financial Plan … cash report focuses on two primary funds: General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental Funds includes General, Special Revenue, …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli: Drastic State Revenue Shortfall in April
… the April measurement period was completed. Now that April numbers are final, the state Division of the Budget may …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-drastic-state-revenue-shortfall-aprilState Agencies Bulletin No. 2022
… State (NYS) fiscal year 2022-23 budget, OSC would like to provide notice of the possible impact to paycheck distribution and release of direct deposit funds … passes and the Governor signs the 2022-23 State budget or a budget extender bill to provide for the continuing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2022-paycheck-distribution-april-13-2022-administration-cycle-paychecksComptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced his office completed audits of the Town of Andover , Town of Caledonia , Village of Lyons Falls , North Shore Public Library and the Town of Westerlo . "In today's fiscal …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-auditsIX.10.B Federal Treasury Offset Program (TOP) Background – IX. Federal Grants
… agencies contain the same FEIN or TIN that is used to draw down federal grant award funds. When a TOP match occurs, the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10b-federal-treasury-offset-program-top-backgroundNYSLRS Announces Employer Contribution Rates for 2024-25
… contribution rates will increase from 13.1% to 15.2% of payroll for the Employees’ Retirement System (ERS) and from 27.8% to 31.2% of payroll for the Police and Fire Retirement System (PFRS). …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25Oversight of the Educational Opportunity Program
… developed guidance for the summer program along with Guidelines for the Operation of EOP (Guidelines), which specify the requirements of EOP operations … EOP funds are used in a manner consistent with both the Guidelines and the State Education Law and that documentation …
https://www.osc.ny.gov/state-agencies/audits/2025/03/26/oversight-educational-opportunity-programTown of Warwick - Water and Sewer Fund Financial Condition (2018M-259)
… our recommendations and indicated they have initiated, or planned to initiate, corrective action. … Determine …
https://www.osc.ny.gov/local-government/audits/town/2019/04/12/town-warwick-water-and-sewer-fund-financial-condition-2018m-259DiNapoli Calls on Aetna to Disclose Corporate Political Spending
… New York State Comptroller Thomas P. DiNapoli today urged Aetna … the corporate funds it spends on political campaigns and causes. DiNapoli’s shareholder request that Aetna fully … parties, ballot measures, any direct or indirect state and federal lobbying, payments to any trade associations used for …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-calls-aetna-disclose-corporate-political-spending