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DiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund … period ending Sept. 30, 2024, Fund investments returned an estimated 4.15%. “While investors continue to face … the nation’s strongest public pension funds.” The Fund's estimated value was $267.7 billion as of March 31, 2024 , the …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarterTown of Allen – Town Clerk Collections (2024M-120)
… did not always record fees accurately or deposit them in a timely manner, but fees were properly deposited intact and generally remitted in a timely manner and reported accurately to the Town … tax collections but did not always deposit collections in a timely manner. Specifically, the Clerk did not: Deposit …
https://www.osc.ny.gov/local-government/audits/town/2025/02/14/town-allen-town-clerk-collections-2024m-120Border City Fire District – Board Oversight (2024M-137)
… Chief (Chief), who was also a Director of the Border City Hose Company (Company), entered into an unauthorized contract …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/31/border-city-fire-district-board-oversight-2024m-137About NYSLRS
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the world, administering … employers in non-teaching positions outside of New York City, including uniformed services personnel, such as … (Fund), which was valued at $273.1 billion as of March 31, 2025. The Fund supports the benefits of current and future …
https://www.osc.ny.gov/retirement/about-nyslrsUnion-Endicott Central School District - Noninstructional Overtime (2018M-201)
… officials appropriately monitored and controlled overtime for noninstructional employees. Key Findings Our review of records for 15 noninstructional employees paid overtime totaling … often did not document that prior approval was granted for overtime worked and that start and end times were …
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/22/union-endicott-central-school-district-noninstructional-overtime-2018mFair Haven Volunteer Fire Department, Inc. – Financial Activity (2014M-335)
… Board of Directors. The Department, which is located in the Village of Fair Haven in Cayuga County, provides fire protection to the Village, the Town of Sterling in Cayuga County and the Town of Wolcott in Wayne County. …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/02/27/fair-haven-volunteer-fire-department-inc-financial-activityNotification of Employee’s Retirement – When Employees Retire
… organization with a Payroll Contact Type will receive a letter in the mail from NYSLRS. Additionally, individuals … and instructs you to complete and submit final service and payment information . If your employee changes their date of … and Notifications Your employee will receive an initial letter acknowledging receipt of their application. Within a …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/notification-employees-retirementWillsboro Fire District – Financial Controls (2014M-156)
… from the Town of Willsboro and the County of Essex, in which it is located. The District is governed by an … The Treasurer does not maintain running cash balances in the check book registers, maintain accounting records with … the District’s annual financial report each year with OSC in a timely manner. Conduct an annual audit of the …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/07/25/willsboro-fire-district-financial-controls-2014m-156Oswego County – Transfer Station Cash Receipts (2015M-334)
… Oswego County Transfer Station Cash Receipts 2015M334 …
https://www.osc.ny.gov/local-government/audits/county/2016/03/25/oswego-county-transfer-station-cash-receipts-2015m-334Chemung County Probation Department – Collections and Disbursements (2016M-10)
… Purpose of Audit The purpose of our audit was to examine the Probation Department’s … Probation Department assists in reducing the incidence of crime by probationers in the community and is the designated …
https://www.osc.ny.gov/local-government/audits/county/2016/06/10/chemung-county-probation-department-collections-and-disbursements-2016m-10Comptroller DiNapoli Releases School Audits
… District and the Starpoint Central School District . “In an era of limited resources and increased accountability, … contracts with payments totaling more than $119,000. In addition, there were no written agreements with three … The district has consistently overestimated appropriations in its adopted budgets. The district also maintained …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-school-audits-0Town of Porter – Sewer Billings to Fort Niagara State Park (2017M-162)
… April 17, 2017. Background The Town of Porter is located in Niagara County and has a population of approximately 6,600 … of Youngstown and Fort Niagara State Park are also located in the Town. The Town is governed by an elected five-member … of the terms of the original contract that was established in 1970. Key Recommendations Properly and accurately bill …
https://www.osc.ny.gov/local-government/audits/town/2017/12/01/town-porter-sewer-billings-fort-niagara-state-park-2017m-162Additional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… you will receive additional benefits for service over 25 years if your employer adopted this coverage. In addition, … doing so, you waive the right to continue in service until age 70. You must separate from service no later than the … FAE (a maximum of 32 years). If you are age 55 or older at retirement and your regular plan would provide a greater …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hInternal Control
… Internal Auditing The Internal Control Act Implementation Guide: Strengthening Compliance with the Act and Standards … the State Comptroller Policies and Procedures Advisories Guide to Financial Operations Certification of Internal … for Internal Control in the Federal Government (Green Book) Provides a framework that incorporates the increasing …
https://www.osc.ny.gov/state-agencies/guidance/internal-controlWage Subsidy and Transitional Employment Programs
… Purpose To determine if the Office of Temporary and Disability Assistance (Office) adequately … 1, 2011 through November 18, 2015. Background The federal Temporary Assistance for Needy Families (TANF) program … in private sector employment. The TE position is temporary and serves only as a vehicle to finding permanent …
https://www.osc.ny.gov/state-agencies/audits/2016/03/29/wage-subsidy-and-transitional-employment-programsOversight of Complaint Activity
… and procedures for recording and addressing consumer complaints. Within the Department, the Office of Consumer Services (OCS) monitors the number and types of complaints received against all utilities operating in the … OCS utilizes a complaint database to record and monitor complaints received. During our audit period, OCS entered …
https://www.osc.ny.gov/state-agencies/audits/2017/02/01/oversight-complaint-activityMedicaid Program – Questionable Payments for Practitioner Services and Pharmacy Claims Pertaining to a Selected Physician
… records found that they contained inadequate and sparse detail. Further, the Department of Health’s review of the …
https://www.osc.ny.gov/state-agencies/audits/2015/09/18/medicaid-program-questionable-payments-practitioner-services-and-pharmacy-claims-pertainingState Comptroller DiNapoli Releases Municipal & School Audits
… government and school audits were issued. Baldwin Union Free School District – Sexual Harassment Prevention (SHP) … they did not adequately manage user account access to the network. As a result, BOCES had an increased risk that the … for taking no corrective action. Uniondale Union Free School District – Information Technology (Nassau County) …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-audits-0Comptroller DiNapoli Releases State Audits
… from a small café, which is part of a training program for residents to learn to operate a small business, are … has declined from approximately $57,000 of reimbursements for 282 travel advances in 2011-12 to approximately $9,000 of reimbursements for 65 travel advances in 2012-13. Empire State Development …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-state-auditsState Comptroller DiNapoli Releases Municipal Audits
… In addition, officials did not have a written contract with the town’s IT provider that described specific services … could improve budgeting practices and be more transparent with how it budgets for the general and highway funds. The …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-releases-municipal-audits