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DiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund … period ending Sept. 30, 2023, Fund investments returned an estimated -1.59%. “The bounce back that markets experienced … Comptroller Thomas P DiNapoli today announced that the estimated value of the New York State Common Retirement Fund …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterWestmoreland Central School District – Financial Condition (2014M-283)
… 950 students and 145 employees. The District is governed by the Board of Education, which comprises seven elected … budget is approximately $20 million. Key Findings By consistently overestimating expenditures and appropriating … fund balance totaled almost three times the amount allowed by law. Each year, the annual budget included using fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/12/05/westmoreland-central-school-district-financial-condition-2014m-283Glens Falls Common School District – Financial Condition (2015M-66)
… Falls in Warren County. The District, which is governed by an elected three-member Board of Education, operates one …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/17/glens-falls-common-school-district-financial-condition-2015m-66Management of Energy Consumption
… could have saved approximately $930,000 in energy costs for 2010. Key Recommendations Develop and implement a plan to reduce energy consumption. Retain energy usage data for all OCFS facilities so reduction achievements can be …
https://www.osc.ny.gov/state-agencies/audits/2013/05/09/management-energy-consumptionAfton Central School District – Fund Balance Management (2023M-18)
… appropriations from fiscal years 2019-20 through 2021-22 by an average of $1.1 million or 7 percent. Surplus fund … statutory limit in each of the last three fiscal years by approximately $2.9 million (17.5 percentage points) to … is a reservation of fund balance that is not provided by statute and circumvents the statutory limit. The District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/16/afton-central-school-district-fund-balance-management-2023m-18Town of Venice – Supervisor’s Financial Records and Reports (2023M-73)
… 20 cash receipts totaling $3 . 1 million either did not match bank deposits or lacked adequate supporting … update document (AUD) was filed 310 days late and the 2021 and 2022 AUDs were not filed. Furthermore, the …
https://www.osc.ny.gov/local-government/audits/town/2023/09/08/town-venice-supervisors-financial-records-and-reports-2023m-73Persistence Preparatory Academy Charter School – Credit Cards (2023M-71)
… supported, and nearly all the charges lacked support to show they were for a valid School purpose . When credit card …
https://www.osc.ny.gov/local-government/audits/charter-school/2023/09/01/persistence-preparatory-academy-charter-school-credit-cards-2023m-71Town of Morehouse – Records and Reports (2021M-182)
… not performed. Monthly financial reports were not prepared for and submitted to the Town Board (Board). Because the …
https://www.osc.ny.gov/local-government/audits/town/2022/03/18/town-morehouse-records-and-reports-2021m-182XII.8.C Payment Intercepts – XII. Expenditures
… in part, to another entity, the Business Unit must send a letter to: Office of the State Comptroller Director, Bureau … Unit must include the following information in its letter: The original entity to be paid The entity in which to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8c-payment-interceptsCortland Enlarged City School District – Oversight of Financial Operations (2012M-230)
Cortland Enlarged City School District Oversight of Financial Operations 2012M230
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operationsPlattsburgh Public Library – Circulation Desk Cash Receipts (2015M-8)
… 2014. Background The Plattsburgh Public Library is located in the City of Plattsburgh in Clinton County. It is governed by an elected seven-member … for determining accountability over cash receipts recorded in the system or the cash register and stated that one …
https://www.osc.ny.gov/local-government/audits/library/2015/04/03/plattsburgh-public-library-circulation-desk-cash-receipts-2015m-8Personal Income Tax and Property Tax
… to determine whether personal income tax refunds (refunds) and property tax credits (i.e., School Tax Relief and Property Tax Relief, collectively referred to as credits) … the period January 1, 2019 through December 31, 2019, and levy year 2018 credits paid as of September 5, 2019 were …
https://www.osc.ny.gov/state-agencies/audits/2020/12/30/personal-income-tax-and-property-taxCohoes Housing Authority – Internal Controls Over Payroll (2013M-373)
… the Authority’s payroll process for the period October 1, 2012 through September 30, 2013. Background The Cohoes … fiscal year operating expenditures totaled approximately $1.9 million. The Board of Commissioners is comprised of seven … Office Administrator performed all payroll functions with little or no supervision. There is inadequate oversight of …
https://www.osc.ny.gov/local-government/audits/city/2014/03/07/cohoes-housing-authority-internal-controls-over-payroll-2013m-373Cohoes Public Library – Governance and Operations (2015M-259)
… which serves approximately 16,000 residents, is governed by an appointed nine-member Board of Trustees. Budgeted … approve claims prior to them being processed for payment by the City. Key Recommendations Ensure the Library is … with the Board-approved claims packets or abstracts signed by all Board members. … Cohoes Public Library Governance and …
https://www.osc.ny.gov/local-government/audits/library/2016/04/01/cohoes-public-library-governance-and-operations-2015m-259White Plains City School District – Financial Management (2020M-71)
… Adopt annual budgets that contain reasonable estimates for expenditures, revenues and the amounts to be transferred …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/30/white-plains-city-school-district-financial-management-2020m-71State Comptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … providing select special education programs in-house. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 180,000 contracts, billions in state payments and …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-school-district-audits-1Motor Vehicle Financial Security and Safety Responsibility Acts Statement of Assessable Expenses for the Three Fiscal Years Ended March 31, 2011
… to compensate those persons they might injure, or whose property they might damage, as a result of an accident, …
https://www.osc.ny.gov/state-agencies/audits/2013/03/25/motor-vehicle-financial-security-and-safety-responsibility-acts-statement-assessableVillage of Lewiston – Purchasing (2013M-45)
… Twenty-one of the 36 claims did not comply with GML or the quote requirement of the Village’s procurement policy. Key …
https://www.osc.ny.gov/local-government/audits/village/2013/05/03/village-lewiston-purchasing-2013m-45Bayport-Blue Point Union Free School District – Fund Balance Management (2021M-116)
… to pay operational expenses because operating surpluses of about $1 million were realized. When unused appropriated fund …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/10/bayport-blue-point-union-free-school-district-fund-balance-managementState Comptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … investment options. Niagara Falls City School District – Out-of-District Tuition Billing (Niagara County) Tuition billings for district students enrolled in out-of-district programs were not always accurately …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-audits