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Town of Reading – Financial Management (2013M-217)
… the Town’s financial condition and budgeting practices for the period January 1, 2010 through August 31, 2013. Background The Town of Reading is located in Schuyler County and is governed by a five-member Town … to the capital project fund and the Board appropriated $30,000 of non-existent highway town-wide fund balance in its …
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)
… budgeting practices, and its resultant financial condition for the period January 1, 2010 through September 30, 2013. Background The Town of Hopewell is located in Ontario County. The Town is governed by the Town Board, …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231NYS Common Retirement Fund Announces Second Quarter Results
… (7.6 percent), real estate (6.9 percent), absolute return strategies (3.2 percent) and opportunistic alternatives and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund’s fiscal year ends …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Orders Divestment of Russia Holdings
… that warrant further restrictions, including divestment. “For over a month, Russia’s unconscionable and immoral …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdingsNYS Common Retirement Fund Reports Second Quarter Results
… an estimated value of $267.8 billion. “Market volatility brought returns down from their heights earlier in the year, …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsCity of Amsterdam - Budget Review (B22-5-3)
… methods. The proposed budget does not appropriate enough money for contingencies in the recreation fund to provide …
https://www.osc.ny.gov/local-government/audits/city/2022/04/27/city-amsterdam-budget-review-b22-5-3NY State Comptroller Announces Appointment of Emerging Managers Director
New York State Comptroller Thomas P DiNapoli today announced the appointment of Sylvester Sly McClearn as director of the New York State Common Retirement Funds Fund Emerging Manager Program He was appointed Interim Director of the Program in February 2023
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorDiNapoli: NY State Pension Fund Purchases $20 Million in State of Israel Bonds
… Retirement Fund has purchased an additional $20 million in Israel bonds offered by Development Corporation for Israel, New York State Comptroller Thomas P. DiNapoli …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-ny-state-pension-fund-purchases-20-million-state-israel-bondsState Agencies Bulletin No. 2227
… Purpose: As we prepare for enactment of the 2024-25 NYS budget, OSC would like to … the end of June. However, although funds will be released for these agencies, direct deposit advices will not be mailed … budget is not passed or a budget extender bill to provide for the continuing operation of State government is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2227-paycheck-distribution-and-release-direct-deposit-funds-preparationState Agencies Bulletin No. 2328
… Purpose: As we prepare for enactment of the 2025-26 NYS budget, OSC would like to provide notice of … Institution or Administration pay cycle and the Emergency payroll may be affected. *This does not apply to employees of … OSC has created the attached reference for agencies, 2025 Payroll Deadline , containing the deadlines for passage of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2328-paycheck-distribution-and-release-direct-deposit-funds-preparationHomeland Security Grant Program – Federal Funding and New York
… to New York City The City’s latest projections (January 2025) include $261 million of HSGP funds for fiscal year (FY) 2025, with the New York City Police Department (NYPD) … grants for security/counter-terrorism activities in FY 2025. About 85 percent of funds are from UASI, the primary …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/homeland-security-grant-programOpinion 88-36
… by subordinates or employees in the sheriff's department. NEW YORK CONSTITUTION, ARTICLE XIII, §13; COUNTY LAW, §650: … sheriffs and other employees of sheriff's department. NEW YORK CONSTITUTION, ARTICLE XIII, §13; COUNTY LAW, §650; … liability cannot be assumed by or imposed upon the county. New York Constitution, Article XIII, §13 provides that the …
https://www.osc.ny.gov/legal-opinions/opinion-88-36Westchester County - Financial Condition (2018M-151)
… Determine whether County officials effectively managed the County's financial condition to ensure the sustainability of current and future operations. Key … over the past five years that were underbudgeted for in the 2015 and 2017 annual budgets. The general fund …
https://www.osc.ny.gov/local-government/audits/county/2018/10/23/westchester-county-financial-condition-2018m-151Lancaster Central School District – Financial Condition (2016M-101)
… our audit was to review the District’s financial condition for the period July 1, 2012 through December 8, 2015. … Lancaster Central School District (District) is located in the Towns of Lancaster, Cheektowaga and Elma in Erie … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $100 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/lancaster-central-school-district-financial-condition-2016m-101Red Creek Central School District – Financial Condition (2016M-365)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/30/red-creek-central-school-district-financial-condition-2016m-365Village of Delhi – Financial Condition (2013M-110)
… our audit was to examine the Village’s financial condition for the period June 1, 2011, to March 1, 2013. Background The … total general, sewer and water fund budgeted expenditures for the 2012-13 fiscal year are $3.4 million. Key Findings … surplus funds and have not established formal reserves for future repairs and capital needs. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/village/2013/07/26/village-delhi-financial-condition-2013m-110East Irondequoit Central School District - Financial Management (2019M-28)
… and use surplus funds for one-time expenditures, paying down debt or applying it to the necessary property tax levy amount. Provide …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28Sweet Home Central School District – Financial Management (2022M-166)
… the Sweet Home Central School District’s (District) Board of Education (Board) and District officials properly managed … which was improperly restricted in a debt reserve as of June 30, 2021. The Board unnecessarily appropriated $2 . 4 million of fund balance each year and real property taxes were …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/31/sweet-home-central-school-district-financial-management-2022m-166Wilson Central School District - Financial Management (2022M-22)
… pdf] Audit Objective Determine whether the Wilson Central School District (District) Board of Education (Board) and … limit and maintaining excess reserves, real property taxes may have been higher than necessary. In addition, the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wilson-central-school-district-financial-management-2022m-22Pompey Hill Fire District – Financial Management (2021M-136)
… whether the Pompey Hill Fire District (District) Board of Fire Commissioners (Board) properly established and … were not filed timely and the required independent audit of the financial statements was not conducted. We also found: … notices were not published for certain purchases subject to permissive referendum. The District used $97,000 of …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/11/05/pompey-hill-fire-district-financial-management-2021m-136