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Sodus Central School District – Financial Management (2016M-392)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial … students, is governed by an elected seven-member Board of Education. Budgeted appropriations for the 2016-17 fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/23/sodus-central-school-district-financial-management-2016m-392Schuylerville Central School District – Fund Balance (2016M-113)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition … students, is governed by an elected seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/schuylerville-central-school-district-fund-balance-2016m-113Town of Canajoharie – Budgeting and Allocating Sales Tax Revenue (2021M-204)
… report - pdf ] Audit Objective Determine whether Town of Canajoharie (Town) officials properly budget for and … TOV highway and town-wide (TW) highway funds by an average of $83,477 (21 percent) for fiscal years 2018 through 2020. … the TOV funds’ tax levies to zero. The same amount of taxes were unnecessarily levied in TOV funds, creating …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-canajoharie-budgeting-and-allocating-sales-tax-revenue-2021m-204Cohoes City School District – Budgeting (2016M-111)
… balance and reserves for the period July 1, 2012 through June 30, 2015. Background The Cohoes City School District is … accumulated and how and when the funds will be used. As of June 30, 2015, the District’s unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/cohoes-city-school-district-budgeting-2016m-111New Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)
… surplus funds to increase the retirement reserve without including those transfers in the budget process and without soliciting the approval of District taxpayers. Over …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financialHewlett-Woodmere Union Free School District – Financial Condition (2016M-402)
… of the District’s reserve funds by almost $30.5 million and did not have documentation establishing two reserves. Key … funds are financed in accordance with District standards and use any excess funds identified to benefit District …
https://www.osc.ny.gov/local-government/audits/school-district/2017/01/27/hewlett-woodmere-union-free-school-district-financial-condition-2016m-402Village of Solvay – Financial Management (2023M-49)
… complete report – pdf] Audit Objective Determine whether the Village of Solvay (Village) Board of Trustees (Board) and officials monitored budgets and managed the electric …
https://www.osc.ny.gov/local-government/audits/village/2023/07/14/village-solvay-financial-management-2023m-49Village of Endicott – Budget Review (B4-16-7)
… the tentative budget for the general, electric and parking funds are reasonable. The water and sewer funds’ tentative budgets are not balanced and include a … Recommendation Address the deficits in the water and sewer funds to avoid adopting unbalanced budgets that include …
https://www.osc.ny.gov/local-government/audits/village/2016/04/15/village-endicott-budget-review-b4-16-7DiNapoli Releases Analysis of Executive Budget
… The $168.2 billion State Fiscal Year (SFY) 2018-19 Executive Budget proposes several measures … the Executive Budget submitted to the Legislature on Jan. 16. Read the Report on the State Fiscal Year 2018-19 …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-releases-analysis-executive-budgetDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… the $220.5 billion enacted state budget for State Fiscal Year (SFY) 2022-23, according to an analysis released today … some of the new spending will be temporary, much of the year-over-year growth will be for new initiatives and more …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetII.4.C Cash and Basic Financial Statements – II. New York State Financial Accounting
… and final cash basis financial plans for the fiscal year as well as actual inflows, outflows, and balances stated … cash flows. Taxes are recognized as revenues in the year in which they are earned. Grants, entitlements, and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4c-cash-and-basic-financial-statementsOpen Educational Resources
… estimates that students spend an average of $1,200 per year on books and other supplies. CUNY reported that the cost …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesDiNapoli Releases Analysis of SFY 2024-25 State Budget
… new funding and policy changes to spur the creation of much needed housing, but the state’s financial outlook … 2024-25 are projected to total $227.2 billion, a decline of $7.3 billion, or 3.1%, from the prior year. The decrease … revenue fund receipts, as well as the expected depletion of funds from the federal American Rescue Plan. In addition, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
Determine the extent of implementation of the 3 recs included in our initial audit report Educators for Children Youth Families Inc Use of Contract Funds
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followDiNapoli Releases January State Cash Report
… $117.3 billion through the first 10 months of the fiscal year, or $1.1 billion below initial projections and $628.5 … but for now our financial position remains strong.” Year-to-date tax collections of $63.3 billion were $4.4 billion, or 7.5 percent, over last year for the same period. Tax receipts were $547.2 million …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-january-state-cash-reportDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said. “The … growth. The Fund’s diversified asset allocation continued to help generate strong positive returns. The financial … last few years but our investment strategy has allowed us to capitalize on opportunities and minimize risks.” Returns …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionXII.9.F Correcting Payments Processed Against the Incorrect Purchase Order – XII. Expenditures
… SECTION OVERVIEW AND POLICIES The purpose of this section is to provide guidance to Business Units … these errors upon detection. With the implementation of the Statewide Financial System (SFS), Business Units will … since lapsed, please see Chapter XI, Section 7.D - Refund of Appropriations Against Contract Expenditures . Process and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9f-correcting-payments-processed-against-incorrect-purchase-orderNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … continue to seek prudent investments and manage the state pension fund to be able to withstand additional economic … year ends March 31. … The New York State Common Retirement Funds Fund estimated return in the first quarter of the State …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsTown of Reading – Financial Management (2013M-217)
… our audit was to evaluate the Town’s financial condition and budgeting practices for the period January 1, 2010 … The Town of Reading is located in Schuyler County and is governed by a five-member Town Board consisting of the … actual results of operations the Town has accumulated excessive fund balances in the town outside-village funds, …
https://www.osc.ny.gov/local-government/audits/town/2014/02/21/town-reading-financial-management-2013m-217Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… of our audit was to review the Town’s financial management and budgeting practices, and its resultant financial condition for the period January … operational and capital needs. The water fund has retained excessive amounts of unexpended surplus fund balance. …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231