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Town of Albion – Financial Management (2021M-29)
… were not structurally balanced. The Board used fund balance to finance operations, resulting in the four main operating funds’ combined unrestricted fund balance declining from $1,165,418 as of January 1, 2018 to … decrease of 65 percent. If the Board continues to use fund balance at the current levels, it could deplete fund balance …
https://www.osc.ny.gov/local-government/audits/town/2021/06/25/town-albion-financial-management-2021m-29Falconer Central School District – Financial Management (2016M-146)
… an average of $2.5 million each year and appropriated fund balance to help finance operations that generally was not used. Unrestricted fund balance exceeded the legal limit annually. The District … realistic estimates of appropriations and the use of fund balance in the annual budget. Ensure that the amount of …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/falconer-central-school-district-financial-management-2016m-146Thousand Islands Central School District – Financial Management (2022M-201)
… action. Appendix C includes our comments on issues raised in the District’s response letter. … audit school district …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/thousand-islands-central-school-district-financial-management-2022m-201Comptroller DiNapoli Releases School Audits
… some of its eight reserve funds at reasonable levels. The retirement contribution and unemployment insurance reserves, …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-auditsEnforcement of Article 19-A of the Vehicle and Traffic Law
… Purpose To determine if the Department of Motor Vehicles (Department) takes adequate steps to … that must comply with Article 19-A of the New York State Vehicle and Traffic Law and enforces its requirements. … negligence prompted legislation to amend the New York State Vehicle and Traffic Law. Article 19-A: Special …
https://www.osc.ny.gov/state-agencies/audits/2019/02/07/enforcement-article-19-vehicle-and-traffic-lawDiNapoli: NYC Financial Plan Improved From June
… New York City’s fiscal year (FY) 2023 budget is projected to rise … and an increase in demand for city services, according to State Comptroller Thomas P. DiNapoli’s analysis of the city’s … build over time, contributing to larger budget gaps in FY 2025 ($4.6 billion) and FY 2026 ($5.9 billion) than estimated …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneState Comptroller DiNapoli Releases Municipal & School Audits
… bidding, officials used vendors who were granted awards from group purchasing organization contracts. However, …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: Wyandanch Public Library Audit Reveals Missing Cash, Excess Benefits
… payroll system and created the entries. Library records show the custodian was paid $32,438 for the six-month period …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-wyandanch-public-library-audit-reveals-missing-cash-excess-benefitsPsychotherapeutic Evaluational Programs, Inc. dba Parsons Preschool – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Psychotherapeutic Evaluational … (CFRs) were reasonable, necessary, directly related to the special education program, and sufficiently documented pursuant to the State Education Department’s (SED) Reimbursable Cost …
https://www.osc.ny.gov/state-agencies/audits/2019/12/16/psychotherapeutic-evaluational-programs-inc-dba-parsons-preschool-compliance-reimbursableDiNapoli Releases Subway Ridership Dashboard
… to station. Comptroller DiNapoli's MTA Dashboard lays bare how ridership changed as commuting patterns shifted over the past year. It affords important insight into how communities rely on public transit that can help inform … New York . “The Comptroller’s helpful tool illustrates how central the subway is to this city and why it’s so …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboardNew York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… March 30, 2021 Edition While Some New York Industries Are on the Path to Recovery, Others Are Not Job losses from the … ensuing economic shutdown were swift and deep: employment in New York declined by nearly 2 million jobs from February …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021Street and Sidewalk Cleanliness
… DSNY officials maintain their staff know the problem areas in their districts and can plan the best use of DSNY’s … or the Mayor’s Office to effectively deploy its resources in response to Project Scorecard’s findings. While the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/16/street-and-sidewalk-cleanlinessHow to Make a Vendor Responsibility Determination
… capacity and controls; appropriate legal authority to do business in New York; a satisfactory record of … contracts. You should consider any information that comes to your attention and work with the vendor to address any … Responsibility Review Process Documentation Requirements How to Conduct a Responsibility Review … You should consider …
https://www.osc.ny.gov/state-vendors/vendrep/how-make-vendor-responsibility-determinationDiNapoli: LIRR Must Better Prepare for Severe Weather to Prevent Service Disruptions and Costly Damages
… being used in the field but there was no documentation to show their location. Auditors also found equipment to remove …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-lirr-must-better-prepare-severe-weather-prevent-service-disruptions-and-costly-damagesDiNapoli: More State Involvement Needed to Address Local Emergency Medical Services Challenges
… and 2022, respectively. Still, annual financial reports show that county ambulance expenditures increased an average …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-more-state-involvement-needed-address-local-emergency-medical-services-challengesHannibal Central School District – Financial Condition (2017M-23)
… unrestricted fund balance in the general and debt service funds will be used. Key Recommendations Develop realistic …
https://www.osc.ny.gov/local-government/audits/school-district/2017/04/07/hannibal-central-school-district-financial-condition-2017m-23West Islip Union Free School District – Financial Management (2022M-40)
… West Islip Union Free School District’s (District) Board of Education (Board) reasonably and transparently managed … Board and officials’ budgeting practices and management of fund balance and reserves resulted in levying more taxes … the West Islip Union Free School Districts District Board of Education Board reasonably and transparently managed fund …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/08/west-islip-union-free-school-district-financial-management-2022m-40Islip Fire District – Financial Condition (2020M-25)
… condition by ensuring that budget estimates and fund balance are reasonable. Key Findings The Board: Did not effectively monitor expenditures and fund balance. As a result, the unrestricted fund balance deficit increased to as much as $171,492 during the …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/05/22/islip-fire-district-financial-condition-2020m-25Opinion 88-65
… association; federal savings bank or federal savings and loan association; federal credit union; bank, trust company, savings bank, savings and loan association, credit union or insurance corporation …
https://www.osc.ny.gov/legal-opinions/opinion-88-65Fund Financial Data – 2021 Financial Condition Report
… reported in other governmental funds. The accumulated fund balance is the amount of funds available at the end of the … fiscal year. The operating result is the amount the fund balance increased or decreased during the year. General Fund Balance (GAAP Basis) Increases From Prior Year At the end of …
https://www.osc.ny.gov/reports/finance/2021-fcr/fund-financial-data