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State Tax Collections Rose $4.9 Billion in Fiscal Year 2017-18

… Tax receipts for State Fiscal Year 2017-18 reached $79.3 billion, $4.9 … by an equivalent amount. Personal income tax receipts for the year totaled $51.5 billion, a gain of $3.9 billion or … $3.9 billion, up by 7.6 percent. All Funds receipts for the year totaled nearly $165.5 billion, including $58.9 …

https://www.osc.ny.gov/press/releases/2018/04/state-tax-collections-rose-49-billion-fiscal-year-2017-18

State Comptroller DiNapoli Releases Municipal Audits

… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Bethpage Fire District , Town of Bombay , Town of …

https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-municipal-audits

Comptroller DiNapoli Releases School Audits

… expenditures by more than $12 million. District officials do not prepare cash flow statements and therefore cannot … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …

https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-releases-school-audits-0

Death Benefits – Divorce and Your Benefits

… The Retirement and Social Security Law (RSSL) provides for an ordinary death benefit if a member dies while in … payable to the beneficiary(ies) designated by the member. For more information, see the post-retirement death benefit …

https://www.osc.ny.gov/retirement/members/divorce/death-benefits

State Comptroller DiNapoli Releases Municipal Audits

… transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal … to provide taxpayers the assurance that their money is being spent appropriately and effectively." Bethpage Fire …

https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-municipal-audits-1

Examples from GASB Statement 34 - Sample City Balance Sheet Governmental Funds

… 129,975 190,548 1,104,632 1,074,831 5,908,666 Due to other funds 25,369 25,369 Payable to other … Capital assets used in governmental activities are not financial resources and therefore are not reported in the … 161,082,708 Other long-term assets are not available to pay for current-period expenditures and therefore are …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-2

DiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections

… than forecast by the state Division of the Budget (DOB) in the Amended Executive Budget Financial Plan in February … than forecast in May 2020 (initial projections), according to the March State Cash Report released today by New York … than anticipated,” DiNapoli said. “We face a long road to recovery, and the state’s economy still faces serious …

https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projections

DiNapoli: Potsdam Audit Finds Missing Court Funds

… justice court clerk in the town of Potsdam was arrested for embezzling $117,000 after an audit found she manipulated … “But our auditors uncovered deleted and altered records for hundreds of vehicle and traffic fines that were paid but … deposited. This individual will now be held accountable for her actions because of the collaboration between my …

https://www.osc.ny.gov/press/releases/2014/04/dinapoli-potsdam-audit-finds-missing-court-funds

Comptroller DiNapoli Releases Municipal Audits

… P. DiNapoli today announced his office completed audits of the Town of East Greenbush , Town of Elizabethtown , … and effectively.” Town of East Greenbush – Justice Court Operations (Rensselaer County) The justices do not … and use of leave time. City of Long Beach – Budget Review (Nassau County) The significant revenue and expenditure …

https://www.osc.ny.gov/press/releases/2016/05/comptroller-dinapoli-releases-municipal-audits

DiNapoli: Central NY Village Official Stole More Than $100K

… Police yesterday arrested Margaret Bailey and charged her with felony counts of grand larceny and falsifying … individual brazenly ripped off more than $100,000 from her community and nearly got away with it,” said DiNapoli. … residents, was officially dissolved in June 2013. DiNapoli’s audit and investigation revealed that over a period of five …

https://www.osc.ny.gov/press/releases/2014/03/dinapoli-central-ny-village-official-stole-more-100k

Comptroller DiNapoli Releases Municipal Audits

… Thomas P. DiNapoli today announced his office completed audits of the Town of Bolivar , Circleville Fire District , … (Orange County) Officials did not establish adequate internal controls or provide sufficient oversight of the … without board oversight and bypassed established internal controls over cash disbursements. In addition, …

https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-municipal-audits

DiNapoli: Fulton County Snowmobile President Arrested for Stealing Over $8,000 From Nonprofit

… County District Attorney Mike Poulin announced the arrest of Chad Daley, 52, for allegedly stealing over $8,000 from a … and his community to serve his own ends,” said DiNapoli. “I thank Fulton County District Attorney Mike Poulin and the … who used their position to take advantage of others. I thank the Comptroller’s Office and the Fulton County …

https://www.osc.ny.gov/press/releases/2024/11/dinapoli-fulton-county-snowmobile-president-arrested-stealing-over-8000-nonprofit

New York’s Economy and Finances in the COVID-19 Era

… New Yorkers received SNAP benefits (formerly known as food stamps) in May, up by 188,805 or 7.4 percent since February, …

https://www.osc.ny.gov/reports/covid-19-august-5-2020

Hinsdale Central School District – Extra-Classroom Activities (2017M-244)

… of our audit was to determine whether extra-classroom cash receipts were properly collected, recorded and …

https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/hinsdale-central-school-district-extra-classroom-activities-2017m-244

Hartford Central School District – Cafeteria Collections (2018M-10)

… through November 30, 2017. Background The Hartford Central School District is located in the Towns of Argyle, Fort Ann, …

https://www.osc.ny.gov/local-government/audits/school-district/2018/03/02/hartford-central-school-district-cafeteria-collections-2018m-10

Town of Schroeppel - Financial Records and Reports (2019M-187)

… Comptroller did not perform bank reconciliations to ensure cash activity was properly accounted for and did not maintain …

https://www.osc.ny.gov/local-government/audits/town/2019/11/27/town-schroeppel-financial-records-and-reports-2019m-187

Newcomb Central School District – Extra-Classroom Activity Fund (2015M-127)

… Purpose of Audit The purpose of our audit was to determine if the District had established effective … approximately $6 million. Key Findings The Board did not ensure that District officials implemented and enforced … that were remitted to the central treasurer often did not have supporting documentation. Key Recommendations Ensure …

https://www.osc.ny.gov/local-government/audits/school-district/2015/09/04/newcomb-central-school-district-extra-classroom-activity-fund-2015m-127

Berkshire Union Free School District – Financial Condition (2015M-310)

… condition for the period July 1, 2011 through August 12, 2015. Background The Berkshire Union Free School District … Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $6.7 million. Key Findings District … Monitor revenues and expenditures throughout the year and take corrective action when necessary to avoid …

https://www.osc.ny.gov/local-government/audits/school-district/2016/02/26/berkshire-union-free-school-district-financial-condition-2015m-310