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Village of Washingtonville – Financial Condition (2013M-346)
… in operating deficits in the Village’s three operating funds (general, water and sewer). During the period covered … to be overexpended causing deficits in these funds. The Board allowed appropriations to be overexpended … trends, and plans for the future use of reserve funds. Frequently monitor and update the plans to ensure that …
https://www.osc.ny.gov/local-government/audits/village/2014/04/04/village-washingtonville-financial-condition-2013m-346City of Hornell – Business Improvement District (2018M-38)
Determine whether the City of Hornell City Common Council Council provided sufficient oversight of the Business Improvement District BID to ensure it operated in accordance with the BID Plan Plan
https://www.osc.ny.gov/local-government/audits/city/2022/04/08/city-hornell-business-improvement-district-2018m-38City of Binghamton – City Operations (2015M-280)
… reduce the outstanding debt or only issue debt when other funds are not available. If funds do not become available in the budget, City officials …
https://www.osc.ny.gov/local-government/audits/city/2016/06/03/city-binghamton-city-operations-2015m-280Wayne Central School District – Financial Management (2012M-229)
Wayne Central School District Financial Management 2012M229
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/22/wayne-central-school-district-financial-management-2012m-229Town of Wolcott – Financial Management (2020M-131)
… and expenditures in the appropriate funds. Adopt budgets with realistic estimates. Establish a written policy … a formal detailed plan for reserves. Town officials agreed with our findings and indicated they have begun to inititate …
https://www.osc.ny.gov/local-government/audits/town/2021/06/11/town-wolcott-financial-management-2020m-131Town of Bainbridge – Justice Court Operations (2021M-51)
… report - pdf ] Audit Objective Determine whether the Town of Bainbridge (Town) Justices ensured money due to the Court … by $4,129. The Justices cannot account for the source of this money. Key Recommendations The Justices should: Deposit collections within three days of collecting them. Perform monthly accountabilities and …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/11/19/town-bainbridge-justice-court-operations-2021m-51Village of Head of the Harbor – Justice Court Operations (2020M-110)
… - pdf ] Audit Objective Determine whether the Village of Head of the Harbor (Village) Justices provided adequate oversight … Findings The Justices did not provide adequate oversight of cash receipts, deposits and accounting records during the …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/04/01/village-head-harbor-justice-court-operations-2020m-110Comptroller DiNapoli Releases School Audits
… and provide taxpayers with better access to the financial workings of government. … New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-releases-school-auditsDiNapoli: Federal Relief Funds Should Have Been Better Targeted to Communities Hardest Hit by COVID-19
… communities with low infection rates at the time the aid was given have not. “The formula used by the federal … Targeting of the Federal Coronavirus Relief Funds Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-federal-relief-funds-should-have-been-better-targeted-communities-hardest-hit-covid-19U. S. Steel and DiNapoli Agree on Enhanced Disclosure of Corporate Political Contributions
… has agreed to the New York State Common Retirement Fund’s request that it publicly report its corporate political … a result of the agreement, the Fund withdrew a shareholder proposal it had filed for consideration at the Fortune 500 company’s annual …
https://www.osc.ny.gov/press/releases/2015/03/u-s-steel-and-dinapoli-agree-enhanced-disclosure-corporate-political-contributionsDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Common Retirement Fund (Fund) will restrict investments in 21 shale oil and gas producing companies, including … the state pension fund, we are restricting investments in companies that we believe are unprepared to adapt to a … SM Energy Co. The Fund will divest more than $238 million in public equity and debt securities issued by these …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… resolution with the Ohio-based electric utility. “Many publicly traded companies use corporate funds to … the political process and it is important investors know how that money is being spent,” DiNapoli said. “This is a … association dues used for political purposes. Discussions are ongoing, with more agreements expected in the coming …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingDiNapoli Releases Report on SFY 2024-25 Financial Plan
… by the Division of the Budget (DOB), according to a report by State Comptroller Thomas P. DiNapoli on the State Fiscal Year (SFY) 2024-25 Enacted Budget Financial Plan. … of the Tax Cuts and Jobs Act at the end of 2025 may impact the realization of nonwage income (such as capital …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-releases-report-sfy-2024-25-financial-planVillage of Avon - Board Oversights and Professional Services (2018M-30)
… complete report - pdf] Audit Objective Determine whether the Board provided adequate financial oversight. Determine if the Village obtained proposals and executed and monitored … agreed with our recommendations and indicated they plan to initiate corrective action. … Village of Avon Board …
https://www.osc.ny.gov/local-government/audits/village/2018/05/18/village-avon-board-oversights-and-professional-services-2018m-30New York State Common Retirement Fund
… New York State Common Retirement Fund The New York State Common Retirement Fund is one of the largest public pension plans in …
https://www.osc.ny.gov/common-retirement-fundState Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … board consistently appropriated excessive amounts of fund balance in the general fund to finance operations which … funds with the intention of increasing the levels of fund balance to guard against unforeseen repairs and finance …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated … its estimated value to $216.2 billion, according to New York State Comptroller Thomas P. DiNapoli. "The Fund is …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… "Trillium Group is pleased to have provided ClearMomentum with the expansion capital that allowed it to grow and … the third largest public pension plan in the United States with more than one million members, retirees and … Trillium Group is a Rochester-based venture capital group with a primary focus on growth equity investment …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundControls Over Federally Funded Programs and Maximization of Federal Funding
… HHS between October 1, 2016 and December 31, 2020. WAP funds were used to weatherize 18,418 units occupied by 38,110 … reimbursements on time and in a manner that recovers all funds. However, the Division lost $120,475 in federal funding … take steps to mitigate potential future losses of federal funds caused by unexpected events. Ensure all remaining funds …
https://www.osc.ny.gov/state-agencies/audits/2021/08/18/controls-over-federally-funded-programs-and-maximization-federal-fundingDiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… said. “His clear eye on long-term sustainable returns is integral to what makes our fund one of the nation’s … Investment Officer said. “His experience and abilities have been key to our team as we manage the Fund’s diversified … the nation. The Fund's fiscal year ends March 31. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fund