Search
Comptroller DiNapoli Releases School Audits
… The district’s proposed budget complies with the property tax levy limit. Churchville-Chili Central School District – …
https://www.osc.ny.gov/press/releases/2016/04/comptroller-dinapoli-releases-school-audits-0Town of Rensselaerville – Financial Operations (2012M-168)
… occurred because the Town did not properly account for property and sales tax revenue. The Supervisor did not maintain complete, …
https://www.osc.ny.gov/local-government/audits/town/2013/01/11/town-rensselaerville-financial-operations-2012m-168Village of Aurora – Treasurer’s Duties and Information Technology (2014M-107)
… were approximately $651,100 funded primarily by real property taxes, sales tax, State aid, and water and sewer rents. The Village is …
https://www.osc.ny.gov/local-government/audits/village/2014/08/29/village-aurora-treasurers-duties-and-information-technology-2014m-107Shelter Island Union Free School District –Financial Condition (2014M-132)
… unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits. Amend the current reserve fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/08/shelter-island-union-free-school-district-financial-condition-2014m-132Comptroller DiNapoli Releases Municipal Audits
… letter. The city’s proposed budget complies with the property tax levy limit. For access to state and local government …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Financial Records of 500 Public Authorities Now on www.openbooknewyork.com
… York also contains detailed revenue, spending, debt and property tax cap information for 3,100 local governments, going back …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-financial-records-500-public-authorities-now-wwwopenbooknewyorkcomCanajoharie Central School District – Financial Condition and Extra-Classroom Activity Fund (2015M-339)
… showing fundraising profitability were not completed. Student treasurers did not maintain independent ledgers … receipts that are remitted to her for deposit and that student treasurers complete profit and loss statements in a … profitability of all fundraising activities. Ensure that student treasurers maintain independent ledgers showing all …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/01/canajoharie-central-school-district-financial-condition-and-extraWaverly Central School District – Financial Condition (2013M-148)
… balance to finance operations in order to keep the real property tax levies at amounts the Board considered to be reasonable. …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/06/waverly-central-school-district-financial-condition-2013m-148Frankfort-Schuyler Central School District – Financial Management (2016M-226)
… priorities and goals, avoid large fluctuations in tax rates and more effectively manage the use of unrestricted … funding needed reserves and reducing District property taxes; and ensure that reserve fund balances are …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/30/frankfort-schuyler-central-school-district-financial-management-2016m-226Liberty Central School District – Budget Review (B4-13-4)
… balance. The District’s proposed budget complies with the property tax levy limit set by statute. Key Recommendations Prepare a …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/25/liberty-central-school-district-budget-review-b4-13-4Oysterponds Union Free School District – Financial Management, Check Signing and Information Technology
… unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits. Discontinue the practice of …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/oysterponds-union-free-school-district-financial-management-check-signingOpinion 97-18
… opinion. COUNTIES -- Improvement Districts (sale of real property of a county sewer district) -- Real Property (sale of real property of county sewer district) IMPROVEMENT DISTRICTS -- …
https://www.osc.ny.gov/legal-opinions/opinion-97-18Opinion 2002-10
… cemetery (authority of town to acquire by gift as historic property) HISTORIC PRESERVATION -- Privately-owned cemetery (authority of town to acquire by gift as historic property) TOWNS -- Powers and Duties (acceptance of gift of privately-owned cemetery deemed historical property) GENERAL MUNICIPAL LAW §§119-aa, 119-bb(2), …
https://www.osc.ny.gov/legal-opinions/opinion-2002-10-0Opinion 2002-10
… cemetery (authority of town to acquire by gift as historic property) HISTORIC PRESERVATION -- Privately-owned cemetery (authority of town to acquire by gift as historic property) TOWNS -- Powers and Duties (acceptance of gift of privately-owned cemetery deemed historical property) GENERAL MUNICIPAL LAW §§119-aa, 119-bb(2), …
https://www.osc.ny.gov/legal-opinions/opinion-2002-10Changes in Federal Policies Pose Significant Risks for New York City's Budget
… New York City in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a … Representatives and the Senate have reached agreement on a tax plan, which limits the deductibility of state and local … be offset in the current fiscal year by a reduction in the property tax reserve and by unplanned audit revenue. …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetOpinion 91-62
… that bear on the issues discussed in the opinion. REAL PROPERTY -- Gifts (from village to school district public … to use) CONSTITUTIONAL LAW -- Gifts and Loans (gift of property from village to public library) VILLAGE LAW, §1-102; … Law, §1-102(1) authorizes villages to sell and convey real property "as the purposes of the corporation may require". …
https://www.osc.ny.gov/legal-opinions/opinion-91-62Opinion 92-10
… on the issues discussed in the opinion. ABANDONED AND LOST PROPERTY -- Money (unclaimed redemption payments on bearer … amounts paid on matured bearer serial bonds) ABANDONED PROPERTY LAW, §§300(1)(h), 500(1)(b), 501: A village acting … of the required holding period. Article V of the Abandoned Property Law contains provisions which include as abandoned …
https://www.osc.ny.gov/legal-opinions/opinion-92-10Coronavirus Aid, Relief and Economic Security (CARES) Act Information
This guidance document discusses the importance of proper fiscal oversight by local and school district officials during these unprecedented times.
https://www.osc.ny.gov/files/local-government/publications/pdf/cares-act-information-guidance.pdfAssessing the Targeting of the Federal Coronavirus Relief Fund
In March and April 2020, Congress passed four stimulus bills to address the COVID-19 pandemic’s impact on the public health system and the economy.
https://www.osc.ny.gov/files/reports/osdc/pdf/covid-19-relief-funds.pdfDiNapoli Calls for Long-Needed State Debt Reform
… cited New York’s “moderately high and growing debt levels” as one factor preventing it from achieving a higher credit … debt is costly to residents and misuse of debt can result in inadequate investments in needed capital projects. … the use of debt for non-capital purposes and permitted up to 50-year maturities for bonds issued for MTA purposes. …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-calls-long-needed-state-debt-reform