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About this Report – 2021 Financial Condition Report
… This report provides citizens with an overview of the financial … information in an easy-to-understand format. The report also presents basic information on trends in State … economic and demographic trends affecting the State. This report fills an information need not met by the traditional, …
https://www.osc.ny.gov/reports/finance/2021-fcr/about-reportFulton City School District – Non-Payroll Cash Disbursements (2017M-144)
… cash disbursements by segregating duties and providing management oversight, so that no individual controls all … officials allow third party administrators (TPAs) who process health, dental and prescription claims on the District’s behalf to electronically withdraw funds from a District bank account. Key Recommendation The …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/13/fulton-city-school-district-non-payroll-cash-disbursements-2017m-144Springville-Griffith Institute Central School District – Financial Management (2015M-221)
SpringvilleGriffith Institute Central School District Financial Management 2015M221
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/08/springville-griffith-institute-central-school-district-financialLockport City School District – Monitoring Transportation Contracts and Costs (2015M-200)
… operations for the period July 1, 2013 through May 21, 2015. Background The Lockport City School District is …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/08/lockport-city-school-district-monitoring-transportation-contracts-andCuba-Rushford Central School District – Financial Management (2015M-125)
… for the 2014-15 fiscal year totaled approximately $21 million. Key Findings District officials overestimated …
https://www.osc.ny.gov/local-government/audits/school-district/2015/08/28/cuba-rushford-central-school-district-financial-management-2015m-125Town of Boonville – Claims Auditing and Conflict of Interest (2014M-373)
… June 30, 2014. Background The Town of Boonville is located in Oneida County, has a population of approximately 4,600 residents and is governed by an elected five-member Town Board. Budgeted appropriations … audit process. A Board member has a prohibited interest in Town contracts. Key Recommendations Ensure that deliberate …
https://www.osc.ny.gov/local-government/audits/town/2015/03/06/town-boonville-claims-auditing-and-conflict-interest-2014m-373Harpursville Central School District - Financial Condition (2018M-120)
… that planned to use $1.6 million of general fund balance and certain reserve funds to finance operating expenditures. … a result, the District used $3.2 million more fund balance and reserves than planned. In 2016-17, revenues began to … by considering historical trends, resulting in expenditure and revenue variances of 3 percent and 1 percent, …
https://www.osc.ny.gov/local-government/audits/school-district/2018/09/07/harpursville-central-school-district-financial-condition-2018m-120Onondaga County Industrial Development Agency - Project Approval and Monitoring (2019M-160)
… benefits. The Board could improve its monitoring and verification of project performance related to job creation … our comments on the issues raised in the IDA’s response letter. …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2019/11/01/onondaga-county-industrial-development-agency-projectOversight of Afterschool and Summer Youth Employment Contracts
… and summer employment programs operated by the Greater Ridgewood Youth Council, Inc. (Ridgewood); whether program participants were selected based … is not in session. According to Department contracts, Ridgewood, a Queens County-based not-for-profit organization, …
https://www.osc.ny.gov/state-agencies/audits/2019/06/28/oversight-afterschool-and-summer-youth-employment-contractsNewfield Central School District – Financial Condition (2013M-238)
… While their budgets included the use of surplus and reserved fund balances to finance operations, the positive variances between their budgets and actual results never necessitated the full use of the … the same period. The adjustment of the overfunded reserves and correction of the understated liabilities would increase …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/newfield-central-school-district-financial-condition-2013m-238Opinion 91-4
… interest and principal on the obligations. March 18, 1991 Jack L. Cottet, Chief of Fire Department Village of Cleveland …
https://www.osc.ny.gov/legal-opinions/opinion-91-4Letchworth Central School District – Financial Management (2013M-332)
… Castile, Eagle, Gainesville, Genesee Falls, Pike, Warsaw and Wethersfield in Wyoming County. The District is governed … operating surpluses to fund eight general fund reserves and one debt reserve that, as of June 30, 2013, totaled $10.5 million and $1.4 million, respectively. Five of these reserves are …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/31/letchworth-central-school-district-financial-management-2013m-332City of Newburgh -- Budget Review (B18-6-12)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant … the 2019 fiscal year are reasonable. Background The City of Newburgh, located in Orange County, is authorized by … City of Newburgh Budget Review B18612 …
https://www.osc.ny.gov/local-government/audits/city/2018/11/16/city-newburgh-budget-review-b18-6-12Firemen’s Benevolent Association of the Village of Le Roy – Oversight of the Association’s Foreign Fire Insurance Tax Moneys (2014M-026)
… Firemen's Benevolent Association of the Village of Le Roy is located in the Village of Le Roy, Genesee County. The … transfers that were made from the Association’s bank accounts to the Le Roy Fire Department’s checking … the Association’s records, the Treasurer has not submitted an annual report to OSC since at least the 2009 fiscal year. …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/10/06/firemens-benevolent-association-village-le-roy-oversight-associationsUnified Court System Bulletin No. UCS-138
… Eligible employees in Negotiating Units SY, DR, F8 and 87 Effective Date(s) Pay Period 13L, paychecks dated 10/15/08 Background Chapter 104 of the Laws of 2006 and various side letters provided for 2004-2006 retroactive … for eligible employees in Negotiating Units SY, DR, F8 and 87. Chapter 276 of the Laws of 2008 and 2007-2011 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-138-retroactive-adjustment-senior-officer-series-sos-differentialState Agencies Bulletin No. 1971.3
… for audit purposes. Affected Employees Employees hired on or after January 1, 2023, and existing employees with a … As a result of the combined records for Direct Deposit a new Locked Query has been provided. Per Chapter 442 of the … deposit balance row present in the Request Direct Deposit Panel in PayServ. Agency Actions Direct Deposit changes …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19713-direct-deposit-guidance-and-audit-queryEmpire Plan Drug Rebate Revenue
… of rebates offered by drug manufacturers. In 2012, Express Scripts Holding Company (Express Scripts) acquired Medco. During our audit period, the … to the Department, including: $493,348 in rebates that Express Scripts failed to allocate to the Department; …
https://www.osc.ny.gov/state-agencies/audits/2014/09/26/empire-plan-drug-rebate-revenueEconomic and Demographic Trends – 2021 Financial Condition Report
… New York City lost the highest percentage of jobs of any region (11.1 percent) while the Capital Region had the lowest decline (7.8 percent). Wages in the …
https://www.osc.ny.gov/reports/finance/2021-fcr/economic-and-demographic-trendsCity of Batavia – Business Improvement District (2017M-283)
… 14, 2017. Background The City of Batavia is located in Genesee County. The City has approximately 15,500 residents and is governed by an elected nine-member City Council. The Council created the BID in 1997. The BID is a geographic area in which a charge is …
https://www.osc.ny.gov/local-government/audits/city/2018/04/06/city-batavia-business-improvement-district-2017m-283South Huntington Union Free School District – Financial Condition (2016M-132)
… The South Huntington Union Free School District is located in the Town of Huntington, Suffolk County. The District, … schools with approximately 6,000 students, is governed by an elected seven-member Board of Education. Budgeted … officials overestimated general fund appropriations in the last three adopted budgets, resulting in operating …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/south-huntington-union-free-school-district-financial-condition-2016m-132