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Newfield Central School District – Financial Condition (2013M-238)
… audit was to evaluate the District’s financial activities for the period July 1, 2011 to May 22, 2013. Background The … elected members. The District’s budgeted expenditures for the 2013-14 fiscal year are $17.6 million. Key Findings … were more than $1.3 million over the actual obligations for the same period. The adjustment of the overfunded …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/newfield-central-school-district-financial-condition-2013m-238DiNapoli: June Tax Receipts Down 17.3% From Last Year
… were down $1.5 billion or 17.3 percent from the previous year, according to the monthly state cash report released by … levels,” DiNapoli said. “Currently, state spending is well below projections, as the Division of the Budget … just under $13.5 billion, compared to $135.6 million a year earlier. The General Fund ended the month with a …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-june-tax-receipts-down-173-last-yearDiNapoli: Alexandria Clerk Charged In Theft of Town Fees
… from such corruption. I thank the State Police for their work on this case.” DiNapoli’s office is currently auditing … public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-alexandria-clerk-charged-theft-town-feesCooperstown Central School District – Financial Management (2024M-65)
… and District officials properly managed the District’s fund balance and reserves. Key Findings The Board and … $3.2 million. Appropriating fund balance that is not needed artificially reduces the amount of surplus fund … the statutory limit. Improperly held $500,000 in a debt reserve that should have been returned to the general fund …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/cooperstown-central-school-district-financial-management-2024m-65XVI.4.A Cash and Investments – XVI. Financial Reporting
… Policy References: GASB Statement No. 40 – Deposit and Investment Risk Disclosures (an amendment of GASB Statement No. 3) (GASB Codification Section C20 – Cash Deposits with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsVillage of Avon - Board Oversights and Professional Services (2018M-30)
… inappropriately authorized the use of capital reserve funds for non-capital expenditures. Professional service … and all operating expenditures in appropriate operating funds and use capital reserves for authorized capital …
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 …
https://www.osc.ny.gov/common-retirement-fundDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… by $3.3 billion in the current year, which would still leave the total $5.1 billion below receipts in the previous …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetFar Rockaway Pre-School Provider "Investor" Pleads Guilty in Theft of Education Funds Intended for Special Needs Students
… New York State Comptroller Thomas P. DiNapoli and Queens … investor in Island Child Development Center, once one of New York City’s largest providers of special education … Rockaway in Queens and Williamsburg and Borough Park in Brooklyn. The District Attorney identified the defendant as …
https://www.osc.ny.gov/press/releases/2017/04/far-rockaway-pre-school-provider-investor-pleads-guilty-theft-education-funds-intended-special-needsDiNapoli: Governor Cuomo's Proposed Budget Continues Fiscal Progress
… public authority transfers, fund sweeps, and abandoned property transfers, reliance on federal assistance, and the …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-governor-cuomos-proposed-budget-continues-fiscal-progressXI.2.H Multiyear Contracts – XI. Procurement and Contract Management
… for which the corresponding appropriation is provided. Fund reservation allocations for future periods are the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2h-multiyear-contractsNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. … more tax dollars to Washington than it receives back. For every tax dollar paid to Washington in FFY 2023, the … While some funding has been unfrozen, it is unclear how much the state and local governments and state residents …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesDiNapoli: Jury Convicts Councilman Ruben Wills in Public Corruption Scheme
… (D-Queens) following an eleven-day trial that resulted in a guilty verdict on five of six counts related to Will's theft of approximately $30,000 in public campaign funds and state grant money. The jury …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-jury-convicts-councilman-ruben-wills-public-corruption-schemeFormer Treasurer of Putnam Engine & Hose Co. of the Port Chester Volunteer Fire Dept. Pleads Guilty to Embezzling More Than $38,000
… New York State Comptroller Thomas P. DiNapoli, Geoffrey S. Berman, the … Gerardi was arraigned on Monday in White Plains federal court and pled guilty today before U.S. Magistrate Judge Paul … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2018/12/former-treasurer-putnam-engine-hose-co-port-chester-volunteer-fire-dept-pleads-guilty-embezzling-moreRevenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… an automated financial management information system or online banking to track daily cash balances. Perform a … in time to avoid late payment charges. Consider using online banking and EFTs to optimize timing of disbursements. …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsDiNapoli: Audit Reveals Theft of Cash, Questionable Spending by Minetto Volunteer Fire Dept. Chief
… encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-theft-cash-questionable-spending-minetto-volunteer-fire-dept-chiefDiNapoli: Metro North and LIRR Lax in Monitoring Overtime Paid For With Federal Stimulus Funds
… announced today. “There’s significant room for improvement in how Metro-North and LIRR monitor the hours their employees … The Metro-North audit examined whether $72.3 million in ARRA funds were used efficiently and for authorized … auditors found that one of the timekeeping systems in place at Metro North, Crew Management System, did not have a …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-metro-north-and-lirr-lax-monitoring-overtime-paid-federal-stimulus-fundsDiNapoli Presses Companies on Political Disclosure
… The shareholder proposals filed by the Fund ask companies for comprehensive and public reports that list their … portfolio of public and private equities, fixed income, real estate and alternative instruments. … State Comptroller …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… State Comptroller Thomas P. DiNapoli, the U.S. Attorney for the Northern District of Georgia Ryan K. Buchanan and the Inspector General for the Social Security Administration Gail S. Ennis today … death to profit at the expense of New York’s retirement system and the Social Security Administration,” …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… $356 million in funding from the state will help those who live in public housing and still waiting for assistance.” The … after a decline in 2020. The high rents continued in 2022 and between December 2022 and May 2023, all boroughs experienced a median rent …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-start