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Receiving Your Benefit and Filing Your Option Election – Article 14 Benefits

… your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of …

https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-election

Chenango Valley Central School District -- Budget Review (B18-4-3)

… independent evaluation of the District’s proposed budget for the 2018-19 fiscal year. Background The Chenango Valley … or school district is authorized to issue obligations and for each subsequent fiscal year during which the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Finding We found …

https://www.osc.ny.gov/local-government/audits/school-district/2018/04/06/chenango-valley-central-school-district-budget-review-b18-4-3

Schalmont Central School District – Financial Condition Management (2018M-15)

… Purpose of Audit The purpose of our audit was to determine whether District officials effectively managed … serves the Towns of Rotterdam, Princetown and Duanesburg in Schenectady County, the Town of Guilderland in Albany … to and accounted for in the general fund that should have been transferred to a debt service fund. Key …

https://www.osc.ny.gov/local-government/audits/school-district/2018/04/13/schalmont-central-school-district-financial-condition-management-2018m-15

Fabius-Pompey Central School District – Budget Review (B3-14-5)

… slightly exceeds the statutory limit. Key Recommendation Be mindful of the legal requirement to maintain the tax levy increase to no more than the tax levy limit as permitted by law, unless 60 percent of District voters …

https://www.osc.ny.gov/local-government/audits/school-district/2014/04/08/fabius-pompey-central-school-district-budget-review-b3-14-5

Chenango Valley Central School District -- Budget Review (B17-4-5)

… independent evaluation of the District’s proposed budget for the 2017-18 fiscal year. Background The Chenango Valley … or school district is authorized to issue obligations and for each subsequent fiscal year during which the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Finding We found …

https://www.osc.ny.gov/local-government/audits/school-district/2017/04/07/chenango-valley-central-school-district-budget-review-b17-4-5

Fabius-Pompey Central School District – Budget Review (B3-13-5)

… is over the statutory limit by $58,246. Key Recommendation Be mindful of the legal requirement to maintain the tax levy increase to no more than the tax levy limit as permitted by law, unless 60 percent of District voters …

https://www.osc.ny.gov/local-government/audits/school-district/2013/04/05/fabius-pompey-central-school-district-budget-review-b3-13-5

Town of East Hampton - Budget Review (B20-7-10)

… 31, 2007, December 31, 2008 and December 31, 2009. New York State Local Finance Law requires all local governments that …

https://www.osc.ny.gov/local-government/audits/town/2020/11/09/town-east-hampton-budget-review-b20-7-10

Accounts Payable Advisory No. 50

… Subject: Obtaining early payment discounts from vendors. Reference: Guide to Financial … (GFO) Chapter XII, Section 5.F – Selecting the Appropriate Payment Terms Guidance: An early payment discount is an incentive (in the form of a reduction … Obtaining early payment discounts from vendors …

https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/50-early-payment-discounts

Wilton Water and Sewer Authority – Water and Sewer Charges (2016M-329)

… the Authority’s process over water and sewer charges for the period January 1, 2015 through May 31, 2016. … in the Town of Wilton. The Authority’s recorded revenue for water and sewer charges were approximately $2.1 million …

https://www.osc.ny.gov/local-government/audits/public-authority/2017/01/06/wilton-water-and-sewer-authority-water-and-sewer-charges-2016m-329

Kings Park Central School District – Fuel Inventory (2015M-282)

… The Kings Park Central School District is located in the Town of Smithtown in Suffolk County. The District, which operates five schools …

https://www.osc.ny.gov/local-government/audits/school-district/2015/12/24/kings-park-central-school-district-fuel-inventory-2015m-282

DiNapoli Statement on NYC's 2025 Budget Modification

… projections. The preliminary budget, due in January, is expected to include updated economic and revenue …

https://www.osc.ny.gov/press/releases/2024/11/dinapoli-statement-nycs-2025-budget-modification

Franklinville Central School District – Financial Management (2017M-49)

… February 8, 2017. Background The Franklinville Central School District is located in the Towns of Farmersville, … Franklinville Central School District Financial Management 2017M49 …

https://www.osc.ny.gov/local-government/audits/school-district/2017/06/02/franklinville-central-school-district-financial-management-2017m-49

Village of Hempstead – Budget Review (B7-13-13)

… Purpose of Audit The purpose of our budget review was to determine whether the significant … 2013-14 fiscal year are reasonable. Background The Village of Hempstead, located in Nassau County, issued debt totaling … Village of Hempstead Budget Review B71313 …

https://www.osc.ny.gov/local-government/audits/village/2013/04/24/village-hempstead-budget-review-b7-13-13

Town of Davenport - Transparency (2018M-85)

… and more detailed minutes and submit them to the Board for its approval. The Board should conduct a thorough and … any irregularities or deficiencies in the claims submitted for payment. Town officials generally agreed with our …

https://www.osc.ny.gov/local-government/audits/town/2018/08/31/town-davenport-transparency-2018m-85

Tri-Valley Central School District - Financial Management (2020M-17)

… whether the Board and District officials properly managed fund balance. Key Findings The Board appropriated approximately $3.9 million in fund balance and reserves from 2016-17 through 2018-19, but … $1.9 million as of June 30, 2019. When unused appropriated fund balance and the overfunded reserve were added back to …

https://www.osc.ny.gov/local-government/audits/school-district/2020/03/06/tri-valley-central-school-district-financial-management-2020m-17

Clyde-Savannah Central School District – Network Access Controls (2020M-122)

… In addition, sensitive information technology (IT) control weaknesses were communicated confidentially to … pandemic, as the District moves to increased reliance on a remote learning environment and administrative operations, …

https://www.osc.ny.gov/local-government/audits/school-district/2021/01/22/clyde-savannah-central-school-district-network-access-controls-2020m-122

Rochester City School District - Budgeting and Multiyear Financial Planning (2020M-44)

Determine whether the Boards 201819 adopted budget was realistic and structurally balanced based on historical or known trends

https://www.osc.ny.gov/local-government/audits/school-district/2020/04/21/rochester-city-school-district-budgeting-and-multiyear-financial-planning

Town of Marbletown – Financial and Capital Planning (2017M-234)

… Purpose of Audit The purpose of our audit was to determine if the Board established multiyear financial and … capital plans as well as a fund balance and reserve policy to adequately address the Town’s operational and capital … $3.1 million. Key Findings The Board does not have a comprehensive multiyear financial and capital plan or …

https://www.osc.ny.gov/local-government/audits/town/2017/12/29/town-marbletown-financial-and-capital-planning-2017m-234