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Oysterponds Union Free School District - Financial Management (2019M-217)

… Develop and adopt budgets that include realistic estimates for revenues, expenditures and unassigned fund balance based …

https://www.osc.ny.gov/local-government/audits/school-district/2020/01/17/oysterponds-union-free-school-district-financial-management-2019m-217

Middletown Enlarged City School District – Financial Condition (2017M-245)

… of our audit was to determine whether the Board and District officials effectively managed the District’s … June 30, 2017. Background The Middletown Enlarged City School District is located in the City of Middletown and …

https://www.osc.ny.gov/local-government/audits/school-district/2018/02/16/middletown-enlarged-city-school-district-financial-condition-2017m-245

Oxford Academy and Central School District – Financial Management (2016M-6)

… of Audit The purpose of our audit was to evaluate the District’s financial management practices for the period July … 19, 2015. Background The Oxford Academy and Central School District is located in the Towns of Coventry, …

https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/oxford-academy-and-central-school-district-financial-management-2016m-6

Hamlin Morton Walker Fire District – Financial Management (2023M-67)

… (Board) and officials effectively managed fund balance. Key Findings The Board and officials did not effectively manage fund balance. As a result, they were not transparent with taxpayers and fund balance declined. We found: From 2020 through 2022, …

https://www.osc.ny.gov/local-government/audits/fire-district/2023/08/18/hamlin-morton-walker-fire-district-financial-management-2023m-67

East Islip Union Free School District - Financial Condition Management (2020M-24)

… officials provided adequate oversight and management of the District’s budget and financial condition. Key … due to appropriations being overestimated by an average of $5.1 million (4.7 percent) per year. Over the last four … reported unassigned fund balance equal to 4 percent of the ensuing year’s appropriations. However, when unused …

https://www.osc.ny.gov/local-government/audits/school-district/2020/05/01/east-islip-union-free-school-district-financial-condition-management

Ardsley Union Free School District – Financial Management (2024M-13)

… Audit Objective Determine whether the Ardsley Union Free School District (District) Board of Education (Board) and officials … letter. … Determine whether the Ardsley Union Free School District District Board of Education Board and …

https://www.osc.ny.gov/local-government/audits/school-district/2024/06/21/ardsley-union-free-school-district-financial-management-2024m-13

Mount Sinai Union Free School District - Financial Condition Management (2018M-34)

… our audit period. It totaled $11.5 million at the end of 2016-17. Key Recommendations Develop and adopt budgets …

https://www.osc.ny.gov/local-government/audits/school-district/2018/06/01/mount-sinai-union-free-school-district-financial-condition-management

DiNapoli: Audit Reveals Issues Behind Broome County's Fiscal Stress

… budget for 2018 as well as a multi-year financial plan. In September, the county received a designation of "significant fiscal stress" in the latest round of scoring from DiNapoli's Fiscal Stress … The county has the fourth-highest fiscal stress score in the state. "A healthy fund balance is a key measure of a …

https://www.osc.ny.gov/press/releases/2018/02/dinapoli-audit-reveals-issues-behind-broome-countys-fiscal-stress

A Question of Balance: Gaming Revenues and Problem Gambling in New York State, November 2020

A Question of Balance Gaming Revenues and Problem Gambling in New York State, November 2020

https://www.osc.ny.gov/files/reports/special-topics/pdf/gaming-report.pdf

Bradford Central School District – Financial Management (2016M-253)

… Purpose of Audit The purpose of our audit was to evaluate the District's financial … Bradford Central School District is located in the Towns of Bath, Bradford, Urbana and Wayne in Steuben County and the …

https://www.osc.ny.gov/local-government/audits/school-district/2016/10/07/bradford-central-school-district-financial-management-2016m-253

Wilson Central School District - Financial Management (2022M-22)

… (Board) and District officials properly managed fund balance and reserves. Key Findings The Board and District officials did not properly manage fund balance and reserves. As of June 30, 2021: The recalculated surplus fund balance was $3.3 million, which exceeds the 4 percent …

https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/wilson-central-school-district-financial-management-2022m-22

Town of LaGrange – Financial Management (2023M-139)

… (Town) Board (Board) developed a multiyear financial plan and effectively managed the Town’s general fund … Findings The Board did not develop a multiyear financial plan or manage general fund balance in accordance with Town … to financial needs without a multiyear financial plan and more taxes may have been levied than necessary. Key …

https://www.osc.ny.gov/local-government/audits/town/2024/03/29/town-lagrange-financial-management-2023m-139

Gowanda Central School District – Financial Management (2024M-104)

… and resulted in the District exceeding the statutory limit on surplus fund balance by $4.5 million, and missing … and recommendations. Appendix B includes our comments on issues raised in the District’s response. … Determine …

https://www.osc.ny.gov/local-government/audits/school-district/2024/12/13/gowanda-central-school-district-financial-management-2024m-104

Cattaraugus-Little Valley Central School District – Financial Management (2022M-23)

… practices and ensure surplus fund balance is in compliance with the statutory limit. Consistently overestimated … as required. As a result, the District was not transparent with taxpayers and has levied more taxes than necessary. Key Recommendations Reduce surplus fund balance to comply with the statutory limit. Reduce the unemployment insurance …

https://www.osc.ny.gov/local-government/audits/school-district/2022/07/01/cattaraugus-little-valley-central-school-district-financial-management

VI.4 Reappropriations Overview – VI. Budgets

… therefore must be reappropriated separately in Bill Copy. For additional information, refer to Section 3.A - Budget Transfers Overview of this Chapter for the Appropriation Movement Authority Quick Guide (How to … 2.A - NYKK0004 Appropriations Due To and Not Due To Lapse Report of this Guide, which deals with the process of …

https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi4-reappropriations-overview

White Plains City School District – Financial Management (2020M-71)

Determine whether the Board and District officials adopted realistic budgets and maintained reasonable levels of fund balance and reserve funds

https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71

East Irondequoit Central School District - Financial Management (2019M-28)

… fund balance as a financing source, improperly booking $3.6 million in encumbrances and improperly reserving …

https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28

Pine Valley Central School District - Financial Management (2019M-35)

… finances by ensuring budget estimates and surplus fund balance were reasonable. Key Findings The Board overestimated … a three-year period. As of June 30, 2018, surplus fund balance totaled $2.4 million, 15 percent of the 2018-19 … estimates for appropriations. Reduce surplus fund balance to within the statutory limit and use excess funds in …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/pine-valley-central-school-district-financial-management-2019m-35