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DiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming

… While the gross city product is expected to decline by only 0.6 percent in 2020 as a result, the employment recovery …

https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-looming

Opinion 93-17

… the issuance of obligations. In this instance, the only exception to the referendum requirement that might be … to the mandatory referendum requirement is applicable only if the amounts needed to pre-pay the contributions are …

https://www.osc.ny.gov/legal-opinions/opinion-93-17

State Comptroller DiNapoli Releases Municipal Audits

… technology (IT) resources. Although the town paid an IT service provider more than $98,000 in 2019, officials did not define … establish a comprehensive IT policy or monitor employee Internet use. Officials also did not implement comprehensive …

https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-releases-municipal-audits

DiNapoli: State Pension Fund Value $194.3 Billion

… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billion

DiNapoli Releases School Audits

… New York State Comptroller Thomas P. DiNapoli today announced … New York State Comptroller Thomas P DiNapoli today announced …

https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-school-audits

Village of Sidney – Financial Activities (2023M-14)

… year 2011-12 and officials cannot identify which taxpayers owe $60,452 of that total. General fund assets were … have negative fund balances that may require a transfer from the general fund to pay remaining liabilities. About …

https://www.osc.ny.gov/local-government/audits/village/2023/05/19/village-sidney-financial-activities-2023m-14

Town of Ticonderoga – Financial Records and Reports (2015M-301)

… 30, 2015. Background The Town of Ticonderoga is located in Essex County and has a population of approximately 5,000. … accurate, supported by the accounting records and filed in a timely manner. Provide the Board with monthly financial …

https://www.osc.ny.gov/local-government/audits/town/2016/02/26/town-ticonderoga-financial-records-and-reports-2015m-301

Opinion 91-21

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Whether the chief fiscal officer of a county who serves as administrator of an estate pursuant to section 1219 of the Surrogates Court Procedure Act SCPA may retain the …

https://www.osc.ny.gov/legal-opinions/opinion-91-21

Opinion 88-46

… (2 McQuillin, Mun Corp, 3rd Ed, §10.40; Hartford v Town of North Hempstead , 118 AD2d 542, 499 NYS2d 161; Foxluger v …

https://www.osc.ny.gov/legal-opinions/opinion-88-46

DiNapoli: Former Utica School District Superintendent Sentenced for Public Corruption, Must Pay Over $160K to District

… Oneida County District Attorney Todd Carville, and the New York State Police today announced that Bruce Karam, … the former long-time superintendent of the Utica City School District (UCSD), was sentenced to pay the UCSD restitution of $11,549 … Thomas P DiNapoli today announced that Bruce Karam the former longtime superintendent of the Utica City School …

https://www.osc.ny.gov/press/releases/2024/04/dinapoli-former-utica-school-district-superintendent-sentenced-public-corruption-must-pay-over-160k

External Audit Guidance for School District Officials

https://www.osc.ny.gov/files/local-government/publications/pdf/sch_audit_guidance.pdf

XIV.14.L Asset Retirement Obligations – XIV. Special Procedures

… external obligating events include: Approval of federal, state, or local laws or regulations Creation of a legally …

https://www.osc.ny.gov/state-agencies/chapter-xiv/xiv14l-asset-retirement-obligations

Opinion 2006-3

… [Inf Opns] 11, supra ). 3 The inquiry refers to the town “highway fund” as a potential repository of the franchise fees. Highway Law §141 provides that the town highway superintendent’s annual budget estimate of …

https://www.osc.ny.gov/legal-opinions/opinion-2006-3

June 2002: GASB Statement 34

… has been working to create a new financial reporting model. The objective of the project was to provide a financial reporting model that provides users of financial statements with …

https://www.osc.ny.gov/local-government/publications/june-2002-gasb-statement-34

DiNapoli: Critical Pre-School Special Education Services Not Reaching All Students Who Need Them

… Special Education Quality Assurance (SEQA), reviews only 1/6 of the state’s school districts (118 of 710) …

https://www.osc.ny.gov/press/releases/2024/12/dinapoli-critical-pre-school-special-education-services-not-reaching-all-students-who-need-them

Niagara Falls City School District - Out-of-District Tuition Billing (2020M-73)

… ] Audit Objective Determine if tuition billings for the Niagara Falls City School District (District) students … Determine if tuition billings for the Niagara Falls City School District District students enrolled …

https://www.osc.ny.gov/local-government/audits/school-district/2020/08/21/niagara-falls-city-school-district-out-district-tuition-billing-2020m-73

Inventory Controls

… systems, and their associated data, are not at risk. For 7 months, during the beginning stages of our audit, ITS …

https://www.osc.ny.gov/state-agencies/audits/2025/02/14/inventory-controls

Southside Academy Charter School - Enrollment and Billing (2019M-70)

… for the 2017-18 school year and it under-billed four other resident districts a total of $27,389. The School does not … on billings for accuracy and verify that the correct resident district is being billed. Ensure that every enrolled … Refund money due to the SCSD and bill the appropriate resident districts for the errors made on billings. School …

https://www.osc.ny.gov/local-government/audits/charter-school/2019/05/31/southside-academy-charter-school-enrollment-and-billing-2019m-70