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State Comptroller DiNapoli Releases Municipal & School Audits
… ensure that costs were kept within the authorized budget. In addition, budget modifications totaling $3.2 million were not recorded in the accounting records. Town of White Creek – … or ensure the required annual update documents were filed in a timely manner. Auditors reviewed 199 disbursements …
https://www.osc.ny.gov/press/releases/2023/08/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… The board and officials did not develop a budget for the electric fund and adequately manage its financial condition. From 2016-17 through 2020-21, the electric fund’s total net assets declined by approximately $9 … financial reports to the board; take action to ensure electric fund revenues kept pace with expenses; ensure that …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. … records and did not perform a physical inventory count since 2018. Of the 164 assets reviewed, 148, worth … Surplus fund balance exceeded the 4% statutory limit in two of the last three fiscal years by approximately …
https://www.osc.ny.gov/press/releases/2023/04/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases School & Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. … Village of Stamford – Claims Audit (Delaware County) The board did not effectively audit claims prior to payment. … New York State Comptroller Thomas P DiNapoli today announced the following local government and school …
https://www.osc.ny.gov/press/releases/2023/04/state-comptroller-dinapoli-releases-school-municipal-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… documentation for eligible services provided. Fishers Island Union Free School District – Website Transparency (Suffolk County) District officials did not ensure the district’s website provided the public with transparent and …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… In addition, of the 10 revenue accounts reviewed, two were overstated by a total of $927,546 and two were understated by a total of $18,317 and of the ten … as appropriated fund balance, one-time state funding, and sale of property, to balance its 2023-24 budget and could …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… fund balance that was not needed, which in effect is a reservation of fund balance that is not provided by … (Monroe County) School officials did not ensure credit card charges were properly approved, adequately supported and … and paid certain credit card charges without knowing what was purchased or whether the charges were for …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits-1State Comptroller DiNapoli Releases Municipal & School Audits
… Counties) District officials did not properly record, tag and account for capital asset purchases. As a result, the …
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… Thomas P. DiNapoli today announced the following local government and school audits were issued. Town of Homer … Thomas P DiNapoli today announced the following local government and school audits were issued …
https://www.osc.ny.gov/press/releases/2023/08/state-comptroller-dinapoli-releases-municipal-school-audits-0XVI.3.A Financial Statements – XVI. Financial Reporting
… include the: Management’s discussion and analysis (MD&A); Basic financial statements; and Required supplementary … focus on the State and include a brief discussion of the basic financial statements. Information presented should … expenses of a given function or programs are offset by program revenues. Direct expenses are those that are clearly …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3a-financial-statementsHighland Falls-Fort Montgomery Central School District – Network User Accounts (2021M-145)
… Key Findings The Technology Department could improve how they manage and secure network user accounts. Specifically: They did not …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/10/highland-falls-fort-montgomery-central-school-district-network-userVeterans Day Message from State Comptroller DiNapoli
… Forces. With crises and conflicts continuing around the world, this Veterans Day we must remember the sacrifices … From the patriots who fought in the Revolutionary War and built our nation to those now stationed in troubled …
https://www.osc.ny.gov/press/releases/2014/11/veterans-day-message-state-comptroller-dinapoliLoan Payroll Deductions – Enhanced Reporting
… deduction amount will be provided for the total of all loans. Please use the new amount beginning on the next … NYSLRS members repay loans through salary deductions Retirement Online notifies …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/loan-payroll-deductionsTown of Hempstead – Budgeting (2021M-169)
… annual budgets. Town officials levied $37.6 million more in taxes than was necessary to fund budgeted expenditures, … failed to monitor the annual budget timely, resulting in the Board approving significant budget adjustments … the year end. Key Recommendations Present budget estimates in a realistic and transparent manner, and show fund balance …
https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-hempstead-budgeting-2021m-169IX.6.C Automated Standard Application for Payments (ASAP) – IX. Federal Grants
… Financial Management Service (FMS) and the Federal Reserve Bank. The latter, in its capacity as Treasury's fiscal agent, … the system. Federal agencies establish and maintain accounts in ASAP to control the flow of funds to state … Once an ASAP account is established, the federal agency can enter authorizations to increase or decrease the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6c-automated-standard-application-payments-asapTown of Adams – Justice Court Operations (2020M-163)
… report - pdf ] Audit Objective Determine whether the Town of Adams (Town) Justice Court (Court) funds were properly … and reported during our audit period. However: None of the Justices prepared monthly accountabilities or bank … bank account exceeded known liabilities by a total of $1,104. The Board’s annual audit of the Justices’ books …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/02/26/town-adams-justice-court-operations-2020m-163Chenango Forks Central School District – Nonresident Tuition (2020M-69)
… a nonresident student and should have been billed tuition. In addition, some student records contained insufficient …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/20/chenango-forks-central-school-district-nonresident-tuition-2020m-69Sullivan West Central School District - Retiree Health Insurance (2019M-196)
… District officials and personnel ensured that health insurance contributions from eligible retirees were properly … sufficient oversight to ensure that retirees’ health insurance contributions were properly billed, collected and … to billing, collecting and depositing retirees’ health insurance contributions. Ensure that sufficient documentation …
https://www.osc.ny.gov/local-government/audits/school-district/2019/12/13/sullivan-west-central-school-district-retiree-health-insurance-2019m-196Fare Collection
… Metropolitan Transportation Authority – Long Island Rail Road's fare collection method is effective and efficient. … One of six MTA constituent agencies, the Long Island Rail Road (LIRR) is both the largest commuter railroad and the … for an additional surcharge of up to $6.50, on board the train. The LIRR is authorized by New York State law to …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/fare-collectionInvestors Reach Settlement with Wynn Resorts
… Investors who filed suit against the officers and directors of Wynn Resorts Ltd. claiming they failed to protect the … Investors who filed suit against the officers and directors of Wynn Resorts Ltd have reached a …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resorts