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Examination of Pitts Management Associates (PMA)
… paid PMA $34 million under these two contracts for consultant services necessary to implement a RAP that would …
https://www.osc.ny.gov/state-agencies/audits/2018/02/14/examination-pitts-management-associates-pmaSouth Hornell Fire Protection Company, Inc. – Disbursements (2025M-108)
… 1, 2024 – August 6, 2025 Understanding the Audit Area A fire company board should ensure that disbursements have … cards, the board should ensure that adequate controls are in place to prevent the risk of unauthorized debit card use. … disbursements were supported, appropriate and authorized. In addition, the Recording Secretary (Secretary) generally …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2026/04/10/south-hornell-fire-protection-company-inc-disbursements-2025mNYSLRS Announces Employer Contribution Rates for 2024-25
… P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2024-25. Employers’ average … P DiNapoli today announced employer contribution rates for the New York State and Local Retirement System NYSLRS for …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25Opinion 88-51
… (procedure for abolition of); (use of moneys for dredging lake) GENERAL MUNICIPAL LAW, §§6-c(1)(b), 6-d: Moneys in a … repair reserve fund may be expended for the dredging of a lake if the work is intended to restore the lake to its original condition and need not be undertaken …
https://www.osc.ny.gov/legal-opinions/opinion-88-51State Agencies Bulletin No. 1921
… Purpose The purpose of this bulletin is to inform agencies of OSC’s … Unit (APSU) – BU31 who meet the eligibility criteria are affected. Background Chapter 55 of the Laws of 2021, … into Time Entry using the Earnings Code APB (Adj PSB). OSC has updated Earnings Code PSA to be used to report …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1921-changes-calculation-and-retroactive-adjustment-pre-shift-briefingDiNapoli Releases Analysis of Executive Budget
… reflects significant fiscal challenges related, in part, to higher than expected spending in the Medicaid program, … budgetary actions, the increase is estimated at 3.1 percent. The Comptroller urged the Executive to remove language in the 30-day amendment period that seeks to require the comptroller’s …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-releases-analysis-executive-budgetXVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… governments as prescribed by the Governmental Accounting Standards Board (GASB) which is the standard-setting body for … to implement concurrently with the State. To ensure GASB standards are implemented concurrently by the primary …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsTown of Nichols – Town Supervisor's Records and Reports (2022M-185)
… 2021 filed and the 2023 budget prepared by an accounting firm. Transparency was impaired because the Town’s AFRs were …
https://www.osc.ny.gov/local-government/audits/town/2023/03/24/town-nichols-town-supervisors-records-and-reports-2022m-185Niskayuna Central School District – Financial Condition (2012M-218)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period July 1, 2010, to March 31, 2012. Background The Niskayuna Central School … of fund balance in excess of the amount actually available to fund operations resulted in an unassigned fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/01/niskayuna-central-school-district-financial-condition-2012m-218Village of Bolivar – Financial Condition of Water and Sewer Funds (2013M-125)
… Purpose of Audit The purpose of our audit was to evaluate the financial condition of the water and sewer funds for the period June 1, 2007 … Village of Bolivar Financial Condition of Water and Sewer Funds 2013M125 …
https://www.osc.ny.gov/local-government/audits/village/2013/08/09/village-bolivar-financial-condition-water-and-sewer-funds-2013m-125Village of Westhampton Beach – Internal Controls Over Information Technology (2013M-173)
… Purpose of Audit The purpose of our audit was to review the Village’s internal controls over information technology (IT) for the period of June 1, 2011, to April 30, 2013. Background The Village of … Village of Westhampton Beach Internal Controls Over Information …
https://www.osc.ny.gov/local-government/audits/village/2013/08/30/village-westhampton-beach-internal-controls-over-information-technology-2013m-173City of Newburgh – Budget Review (B6-15-24)
… taxes or increasing the contingency appropriation to cover the amount of uncollectible taxes. Consider the …
https://www.osc.ny.gov/local-government/audits/city/2015/11/12/city-newburgh-budget-review-b6-15-24Opinion 95-20
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. FEES -- Court Fees (filing fees paid in Surrogate's Court proceedings … Whether a surrogates court should charge a petitioner one filing fee or separate …
https://www.osc.ny.gov/legal-opinions/opinion-95-20Opinion 93-1
… conclusion, we cited the Court of Appeals case of People ex rel Church v Hopkins , 55 NY 74, which involved a clerk … of Insurance. The pertinent statute in People ex rel Church , supra , contained provisions similar to … case law which would suggest that the analysis in People ex rel. Church , supra , is no longer valid. Therefore, 17 …
https://www.osc.ny.gov/legal-opinions/opinion-93-1What is a Defined Benefit Plan?
… As a NYSLRS member, you are part of a defined benefit plan , … by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … However, the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… reserves and begin taking steps to narrow the budget gaps in the coming years.” The city's financial plan forecasts a surplus of $1.6 billion in FY 2014, which will be used to help balance the $73.9 … FY 2015 budget, and out-year budget gaps of $2.6 billion in FY 2016, $1.9 billion in FY 2017 and $3.1 billion in FY …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… against your contributions: You must be in active service and have at least one year of member service credit. … and interest within five years. Loans are repaid through payroll deductions. You may borrow only once in any 90-day … before applying for a taxable loan from NYSLRS. To Apply Online: Retirement Online is the fastest, most convenient way …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsOpinion 89-64
… board of trustees is considering the purchase of a certain parcel of unimproved real property within the village/town and the development rights of an adjoining parcel owned by the same party in order to preserve the … public funds may be expended. That section authorizes any county, city, town or village, after due notice and public …
https://www.osc.ny.gov/legal-opinions/opinion-89-64Opinion 98-12
… of such a city may be commingled in one or more bank accounts. City moneys may be temporarily advanced to the … ("school district") may be commingled in one or more bank accounts. You also ask whether the moneys of the city and the … has long expressed the opinion that, where separate bank accounts are not specifically required by State or local …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Opinion 95-3
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Concerning the proper distribution of county sales tax revenue when the county and several cities within the county each impose a …
https://www.osc.ny.gov/legal-opinions/opinion-95-3