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City of Yonkers – Budget Review (B23-6-6)
… our budget review was to identify issues which impact the City of Yonkers’ financial condition in the current and … Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City’s adopted budget for fiscal … our budget review was to identify issues which impact the City of Yonkers financial condition in the current and future …
https://www.osc.ny.gov/local-government/audits/city/2023/07/07/city-yonkers-budget-review-b23-6-6Oracle Charter School – School Building Acquisition and Leave Accrual Records (2013M-290)
… audit was to examine the School’s process for acquiring building space and the adequacy of the School’s leave accrual … an appropriate process to ensure it obtained a suitable building site at a reasonable cost. School officials did not … $5.1 million for the acquisition and renovation of its building financed at a 20 percent interest rate. We found …
https://www.osc.ny.gov/local-government/audits/charter-school/2014/01/17/oracle-charter-school-school-building-acquisition-and-leave-accrualCity of Yonkers – Budget Review (B17-6-11)
… fund to provide flexibility to deal with unanticipated or insufficient appropriations. …
https://www.osc.ny.gov/local-government/audits/city/2017/07/07/city-yonkers-budget-review-b17-6-11City of Yonkers – Budget Review (B22-6-6)
… The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City’s … as fund balance, one-time State and federal funding and sale of property, to balance its budget. The City could … 2022-23 fiscal year. Tax certiorari is the legal process by which a property owner can challenge the real property tax …
https://www.osc.ny.gov/local-government/audits/city/2022/06/10/city-yonkers-budget-review-b22-6-6City of Long Beach – Budget Review (B17-7-9)
… from our budget review issued in May 2016. Background The City of Long Beach, located in Nassau County, has been … City of Long Beach Budget Review B1779 …
https://www.osc.ny.gov/local-government/audits/city/2017/05/11/city-long-beach-budget-review-b17-7-9Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… 645 students and 190 employees. The District’s general fund budgeted appropriations for the 2014-15 fiscal year is $14.6 million. Key Findings The District’s fund … 2012-13. Instead, the District used less than $51,000 of this planned amount because the District overestimated …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191Brighter Choice Charter Middle School for Boys – Financial Operations (2013M-348)
… effectiveness of the School’s compact contract with the Foundation for the period July 1, 2011 through July 31, 2013. … entered into a three-year compact agreement with the Foundation in June 2011. All Board members voted in favor of … who recused himself from voting because he is also the Foundation’s Executive Director. The compact does not …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/brighter-choice-charter-middle-school-boys-financial-operations-2013m-348City of Newburgh – Budget Review (B6-13-21)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant … and expenditure projections in the City’s tentative budget for the 2014 fiscal year are reasonable. Background … City of Newburgh Budget Review B61321 …
https://www.osc.ny.gov/local-government/audits/city/2013/11/20/city-newburgh-budget-review-b6-13-21IT Asset Management (2022-MS-2)
… audit schools statewide IT asset management …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/it-asset-management-2022-ms-2City of Newburgh – Budget Review (B20-6-12)
… the significant revenue and expenditure projections in the City’s 2021 proposed budget. Background The City of Newburgh, located in Orange County, is authorized by Chapter 223 of the Laws of … to exceed $15 million to liquidate the accumulated deficit in the general fund as of December 31, 2010. During the time …
https://www.osc.ny.gov/local-government/audits/city/2020/11/13/city-newburgh-budget-review-b20-6-12Rochester City School District – Budget Review (B20-2-5)
… Purpose of Budget Review The objective of this review was to provide an independent evaluation of the Rochester City … [1] which noted several budgeting deficiencies. Subsequent to the release of our review, several interested stakeholders … underbudgeted by approximately $1.5 million and salary and substitute costs will have to be closely monitored. The …
https://www.osc.ny.gov/local-government/audits/school-district/2020/06/05/rochester-city-school-district-budget-review-b20-2-5Town of Babylon – Financial Condition and Internal Controls Over Selected Town Operations (2013M-115)
… Purpose of Audit The purpose of our audit was to examine the Town’s financial condition and internal … 2011, the general fund’s results of operations aggregated to net operating deficits of $8.9 million, mainly due to over-estimation of certain revenues in adopted budgets. …
https://www.osc.ny.gov/local-government/audits/town/2013/11/22/town-babylon-financial-condition-and-internal-controls-over-selected-town-operationsCity of Yonkers – Budget Review (B19-6-6)
… [read complete report - pdf] Purpose of Budget Review The purpose of our budget review was to identify issues which … The purpose of our budget review was to identify issues which …
https://www.osc.ny.gov/local-government/audits/city/2019/07/10/city-yonkers-budget-review-b19-6-6City of Newburgh -- Budget Review (B18-6-12)
… Orange County, is authorized by Chapter 223 of the Laws of 2010 to issue debt not to exceed $15 million to liquidate the … accumulated deficit in the general fund as of December 31, 2010. During the time that Chapter 223 is in effect, the … to be more consistent with past overtime costs. Include a tax overlay of $2,275,000 for to collect what is needed to …
https://www.osc.ny.gov/local-government/audits/city/2018/11/16/city-newburgh-budget-review-b18-6-12NYS Common Retirement Fund Announces Third Quarter Results
… mortgages (23.7 percent), private equity (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 percent) and opportunistic alternatives and real assets (1.5 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… totaled $5.7 billion in the second quarter of 2023 (April-June), an increase of 3%, or nearly $167 million, compared to … pandemic period,” DiNapoli said. DiNapoli’s report found: June Collections Drove Growth: Second quarter growth was driven by strong collections in June of 5.8% after April and May grew by a more modest 1.5% …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterState Agencies Bulletin No. 974
… mandatory employee contribution for members who have ten (10) or more years of membership in the Optional Retirement Program (ORP). ORP members who have ten (10) or more years of membership will receive a reduction in … the Retirement Plan Type of 7Z (TIAA/CREF) and has ten (10) or more years of membership will automatically change to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/974-elimination-mandatory-employee-contribution-members-optional-retirementLocation Service Providers
… for free through the Internet, our Communication Center, mail inquiry and public outreach. There is no charge … are interested in becoming an “Abandoned Property Location Service Provider” in New York State, or if you have been … and Procedures for “ Abandoned Property Location Service Providers. ” Location Service Providers can submit …
https://www.osc.ny.gov/unclaimed-funds/resources/location-service-providersAsylum Seeker Spending Report
… between State Fiscal Year (SFY) 2022-23 through SFY 2026-27 for emergency spending related to people seeking … Services (DHS) for emergency shelter costs, followed by NYC Health + Hospitals (H+H), which led the operation of the … Note: New York City fiscal year is from July 1 to June 30. * FY 2026 expenses have not yet been finalized. …
https://www.osc.ny.gov/reports/asylum-seeker-spending-reportDiNapoli: State Tax Receipts and Spending Outpace Division of Budget's Projections Through December
… (SFY) 2025-26, $2.3 billion higher than estimates released in the Division of Budget’s (DOB) Mid-Year Update to the … “The state enters the final quarter of the fiscal year in good financial condition,” DiNapoli said. “However, … cuts necessitate a continued bolstering of reserves in order to protect the services New Yorkers rely on.” …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-state-tax-receipts-and-spending-outpace-division-budgets-projections-through-december