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XVI.3.A Financial Statements – XVI. Financial Reporting
… of Net Position - Proprietary Funds (emphasizing major enterprise funds); Statement of Revenues, Expenses, and … Fund Net Position - Proprietary Funds (emphasizing major enterprise funds); Statement of Cash Flows - Proprietary Funds (emphasizing major enterprise funds); Statement of Fiduciary Net Position - …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3a-financial-statementsState Agencies Bulletin No. 2443
… Background: The Omnibus Budget Reconciliation Bill for Budget Accountability, or One, Big, Beautiful Bill Act … or other specified statement furnished to the individual. For further information please see the IRS News Release “ Treasury, IRS provide guidance for individuals …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2443-newly-created-process-report-accruals-charged-when-employee-worksOpinion 94-19
… opinion. BONDS AND NOTES -- Debt Limit (amount chargeable for zero coupon bonds); (amount chargeable for bonds sold at discount) -- Discount Bonds (amount … 1, 1994 as interest (see also Local Finance Law, §2.00[26], [27]), it is consistent to charge only the amount …
https://www.osc.ny.gov/legal-opinions/opinion-94-19Opinion 96-2
… the special act in question (L 1991, ch 658) provides for the creation of a "public library district" which is … with the village. The special act also provides for the library district to be governed by an elected board of trustees and for voter approval of the library district's initial budget …
https://www.osc.ny.gov/legal-opinions/opinion-96-2Opinion 94-15
… bequest, the investment of which is not otherwise provided for by law, must be invested by the school district in … term is used in the school district's investment policy. For purposes of this opinion, we assume that your inquiry … donations made to the school district from private sources for proper school district purposes (see Education Law, …
https://www.osc.ny.gov/legal-opinions/opinion-94-15Payroll Improvement Project Bulletin No. PIP-016
… Data USA > Deductions > General Deductions Data) to the Savings Plan page (Main Menu > Benefits > Enroll in Benefits … the ORP/VDC vendor once the employee has vested. No agency action is required for these deductions, and they will not … stub or advice statement: Deduction Code Description Tax Class Calculation Deduction Type Agency Update Required 664 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-016-new-and-changing-deduction-codes-payserv-92State Agencies Bulletin No. 922
… City tax withholding requirements, OSC is using county information to determine taxability. This bulletin provides … Background Since many facets of taxation rely on county information, the Office of the State Comptroller (OSC) has … correction. Enter county value and confirm tax locality information - This message identifies employees with P0001 in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/922-new-york-city-postal-codecounty-initiative-and-employee-tax-data-pageSome NY Schools Not Reporting Bullying or Harassment
… Many New York schools fall short when it comes to protecting students from harassment and … in creating a safe and productive environment for students when it is well implemented and when schools are in compliance,” said Assemblymember Daniel … Many New York schools fall short when it comes to protecting students from harassment and …
https://www.osc.ny.gov/press/releases/2017/10/some-ny-schools-not-reporting-bullying-or-harassmentChart of Accounts
… & Modify Existing Position Pools Add Chartfield Strings for a New Position Pool ID Review & Modify Chartfield Strings … error that needs to be addressed. If you receive an email for a Position Pool with one of these errors, please see … Budget Earnings table. See the Add Chartfield Strings for a New Position Pool ID document in the Job Aids section. …
https://www.osc.ny.gov/state-agencies/payroll/chart-accountsDiNapoli: Restaurant Industry Critical to New York City's Economy
… New York City’s restaurant industry had 23,650 establishments in 2019, provided 317,800 jobs, paid $10.7 billion in total … billion in taxable sales, but many restaurants and bars have closed or significantly reduced their operations because … New York Citys restaurant industry had 23650 establishments …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-restaurant-industry-critical-new-york-citys-economyTown of Pawling – Procurement (2021M-17)
… report - pdf ] Audit Objective Determine whether Town of Pawling (Town) officials used a competitive process to … obtained from eight service providers paid $342,770 of the 10 professional services tested. Competitively bid for … Determine whether Town of Pawling Town officials used a competitive process to …
https://www.osc.ny.gov/local-government/audits/town/2021/06/18/town-pawling-procurement-2021m-17Green Tech High Charter School – Payroll (2023M-157)
… Made payroll calculation errors totaling $1,210 for 10 salaried employees. Did not maintain timesheets or … hourly employees we reviewed. Could not support approvals for miscellaneous payments totaling $16,706 made to seven … forms and ensure timesheets are prepared and submitted for all hourly employees and class coverage payments. …
https://www.osc.ny.gov/local-government/audits/charter-school/2024/03/22/green-tech-high-charter-school-payroll-2023m-157Village of Muttontown - Board Oversight (2018M-251)
… did not: Audit or cause an audit of the financial records for 2014-15 through 2017-18. Audit individual claims before … services, and did not periodically seek competition for those services. Comply with New York State Village Law, … Section 5-506 (Village Law) when presenting the budgets for 2015-16 through 2017-18. Key Recommendations Audit, or …
https://www.osc.ny.gov/local-government/audits/village/2019/03/01/village-muttontown-board-oversight-2018m-251Onondaga County Resource Recovery Agency - Transfer Station and Compost Facility Cash Receipts (2018M-217)
… and deposited. Perform periodic unannounced cash counts for all employees responsible for cash collection, as required by the Agency’s written … inventories and ensure that sales were properly accounted for. Key Recommendations Agency officials should: Improve …
https://www.osc.ny.gov/local-government/audits/county/2019/07/19/onondaga-county-resource-recovery-agency-transfer-station-and-compost-facilityHadley-Luzerne Central School District - Financial Management (2018M-103)
… The Board overestimated appropriations by an average of approximately $1.9 million annually from 2014-15 to 2016-17, which resulted in accumulation of excess unrestricted fund balance. The … a plan for the use of excess unrestricted fund balance in the general fund. Review reserves to determine if amounts …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/26/hadley-luzerne-central-school-district-financial-management-2018m-103Nesconset Fire District – Length of Service Awards Program (2014M-317)
… for responding to calls during their regularly scheduled work hours. Key Recommendation Implement standards and … other activities attended during their normally scheduled work hours. …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/12/24/nesconset-fire-district-length-service-awards-program-2014m-317Sachem Central School District – Fund Balance (2017M-151)
… our audit was to review the District’s financial condition for the period July 1, 2011 through February 28, 2017. … approximately 13,300 students. Budgeted appropriations for the 2016-17 fiscal year totaled approximately $306.4 … Key Recommendations Adopt a written fund balance policy for the maintenance and use of unrestricted fund balance and …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/06/sachem-central-school-district-fund-balance-2017m-151Malone Central School District – Payroll (2017M-278)
… $51.8 million. Noteworthy Achievements We reviewed all payroll records for 20 employees who were paid …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/malone-central-school-district-payroll-2017m-278Elmwood Village Charter School – Building Acquisition (2017M-237)
… Key Findings The Board did not conduct a thorough site selection review and cost-benefit analysis when selecting a … value. Key Recommendation Conduct and document site selection reviews and cost-benefit analyses for real estate …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/02/16/elmwood-village-charter-school-building-acquisition-2017m-237Harrisville Central School District – Claims Audit (2016M-215)
… was to evaluate internal controls over the District’s claims auditing function for the period July 1, 2014 through … $9.3 million. Key Findings The District paid some claims without the prior approval of the responsible claims auditor. Non-BOCES claims that did not have adequate …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/02/harrisville-central-school-district-claims-audit-2016m-215