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DiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter

… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarter

Shelter Island Union Free School District –Financial Condition (2014M-132)

… allowed 4 percent maximum. The District’s reserve policy does not define how reserve funds should be used. In addition, we found that … a formal plan to define how reserves will be funded, how much will be reserved, and when reserves will be used. Review …

https://www.osc.ny.gov/local-government/audits/school-district/2014/08/08/shelter-island-union-free-school-district-financial-condition-2014m-132

Amsterdam Housing Authority – Claims Processing and Related Not-for-Profit Corporations (2013M-126)

… operations for the period January 1, 2011, to November 30, 2012. Background The Amsterdam Housing Authority is …

https://www.osc.ny.gov/local-government/audits/city/2013/08/23/amsterdam-housing-authority-claims-processing-and-related-not-profit-corporations

Syracuse Industrial Development Agency – Project Approval and Monitoring and Administration of the Development Fund (2015M-240)

… purpose of our audit was to review the Agency’s process for evaluating, approving and monitoring projects and to … Board was effectively administering the Development Fund for the period January 1, 2014 through March 31, 2015. … by a special act of the New York State Legislature in 1979 for the benefit of the City of Syracuse and its residents. …

https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2016/01/08/syracuse-industrial-development-agency-project-approval-and

Niagara Falls Housing Authority – Compensation-Related Payments to the Executive Director (2012M-199)

… 1, 2010, to July 31, 2012. Background The Niagara Falls Housing Authority is a municipal housing authority created under the New York State Public … Niagara Falls Housing Authority CompensationRelated Payments to the …

https://www.osc.ny.gov/local-government/audits/city/2013/01/18/niagara-falls-housing-authority-compensation-related-payments-executive-director

State University of New York Upstate Medical Center – Selected Travel Expenses

… the use of travel monies by the State University of New York (SUNY) Upstate Medical Center (Center), for two … the period April 1, 2008 to March 31, 2011. Background New York State’s executive agencies spend between … Related Audits/Reports of Interest State University of New York College at Cobleskill – Selected Employee Travel …

https://www.osc.ny.gov/state-agencies/audits/2013/06/26/state-university-new-york-upstate-medical-center-selected-travel-expenses

Tupper Lake Volunteer Fire Department, Inc. – Misappropriation of Funds and Board Oversight (2014M-229)

… during a period of three to four years, he used Department credit cards for his personal use and took cash from … bank statements with Department records and reports bank account activity to the Board monthly and annually. The … did not establish any policies and procedures for credit card usage. Key Recommendations Amend the bylaws to contain …

https://www.osc.ny.gov/local-government/audits/fire-district/2016/02/24/tupper-lake-volunteer-fire-department-inc-misappropriation-funds-and-board

Headstart of Rockland, Inc. – Compliance With the Reimbursable Cost Manual

… HSOR is an SED-approved, not- for-profit special education provider located in Rockland County, New York. HSOR provides preschool special education services to children with disabilities who are between three and five years of … for preschool special education services through rates set by SED. The reimbursement rates are based on …

https://www.osc.ny.gov/state-agencies/audits/2018/12/27/headstart-rockland-inc-compliance-reimbursable-cost-manual

Village of Aurora – Treasurer’s Duties and Information Technology (2014M-107)

… Trustees and an elected Mayor. Key Findings The Board has not implemented adequate compensating controls to address the … of duties performed by the Treasurer. The Board did not audit the Treasurer’s records and reports during our … and remain undetected and uncorrected. The Village does not have policies and procedures in place to safeguard IT …

https://www.osc.ny.gov/local-government/audits/village/2014/08/29/village-aurora-treasurers-duties-and-information-technology-2014m-107

Village of Upper Brookville – Justice Court (2013M-160)

… Purpose of Audit The purpose of our audit was to determine if the Board and Justice … adequate review procedures and oversight over the court clerk for the period June 1, 2011, to September 30, … The Justices did not provide sufficient oversight of the court clerk to ensure that deposits were made within 72 hours …

https://www.osc.ny.gov/local-government/audits/village/2013/08/30/village-upper-brookville-justice-court-2013m-160

Village of Maybrook – Water Operations (2013M-121)

… internal controls over the Village’s water operations for the period June 1, 2010, through September 25, 2012. … and four Trustees. The water fund budgeted appropriations for the fiscal year ended May 31, 2012 were approximately … approval. Interfund advances were not accurately accounted for, reconciled, or repaid as required. As of May 2012, the …

https://www.osc.ny.gov/local-government/audits/village/2013/08/16/village-maybrook-water-operations-2013m-121

Town of Mansfield – Financial Management and Claims Processing (2012M-241)

… policies and that they represent actual and necessary Town expenses. We also found that the Supervisor was …

https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-mansfield-financial-management-and-claims-processing-2012m-241

State Comptroller DiNapoli Statement on Impact of a Late State Budget

… are widespread and some sectors of our economy may take years to recover. The state Legislature and Governor are in the … or have payments set up on direct withdrawal, I urge them to be mindful of the impact of a late state budget on their … are widespread and some sectors of our economy may take years to recover …

https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-statement-impact-late-state-budget

2018 Annual Audit

… in 2018 - the Uninsured Employers Fund, the Special Fund for Disability Benefits, the Second Injury Fund, and the Fund … more than $4.4 million were identified as a part of our daily audit. In addition to our daily audit, we identified 6,725 processing errors totaling …

https://www.osc.ny.gov/state-agencies/audits/2020/02/21/2018-annual-audit

Comptroller DiNapoli Releases Municipal Audits

… (those that exclude the village), contrary to statutory requirements. The town consistently adopted budgets with … fund. Village of Owego – Clerk-Treasurer’s Office and Parking Tickets (Tioga County) The clerk-treasurer’s cash and … unreliable. The justices and the board did not ensure that parking tickets were collected, recorded and deposited in an …

https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-municipal-audits-1

Town of Newfield – Selected Financial Activities (2013M-2)

… of approximately $2.4 million. Key Findings The Board did not require the Supervisor to meet the fundamental financial … were in disarray and the 2011 accounting records could not be produced for our review. No one can be sure that all … moneys disbursed were for proper town purposes. Cash was not reconciled, and had large unsupported adjustments in an …

https://www.osc.ny.gov/local-government/audits/town/2013/04/26/town-newfield-selected-financial-activities-2013m-2

III.6 SFS Reporting – III. Statewide Financial System (SFS)

… tools – Reports, Inquiry Screens, and Query Manager – for users to obtain system information. Reports provide … of information will vary depending on network load. For example, if a voucher was paid within the SFS, the status … would be static until the next time the batch runs. For additional instruction on this topic, visit the job aids …

https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii6-sfs-reporting

Town of Westerlo – Selected Financial Activities (2013M-323)

… Purpose of Audit The purpose of our audit was to examine internal controls over the financial condition of the water district fund and Justice Court operations for … The purpose of our audit was to examine internal controls over the …

https://www.osc.ny.gov/local-government/audits/town/2014/03/28/town-westerlo-selected-financial-activities-2013m-323