Search
June 2002: Advance Refunding Bonds
… To: School District and BOCES Business Officials Purpose of Bulletin This bulletin explains the reporting requirements … pays building aid. Building aid, rather than being based on actual debt service payments, will now be based on an … assumes that districts borrow money for the maximum period of probable usefulness allowed by Local Finance Law section …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsOrdinary Disability (Section 362) – Police and Fire Plan
… credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this is a … are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would be equal to the benefit payable to you as a service retirement benefit without any reduction for early …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this is a … are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would be equal … to the benefit that would be payable to you as a service retirement without any reduction for early retirement. You …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Ordinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Eligibility If you are unable to perform your duties because of permanent physical or … benefit. The Benefit If approved, this is a benefit equal to the greater of: 1/60th (1.66 percent) of your FAS for each … your ordinary disability benefit would be equal to the benefit that would be payable to you as a service …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Ellenburg Center No. 15 Fire District – Internal Controls Over Financial Operations (2013M-103)
… of Audit The purpose of our audit was to evaluate the District’s controls over financial operations for the period … January 1, 2011, to February 28, 2013. Background The District is a district corporation of the State, distinct and separate from …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/19/ellenburg-center-no-15-fire-district-internal-controls-over-financialPoughkeepsie City School District – Internal Controls Over Purchasing and Claims Processing (2012M-179)
… Purpose of Audit The purpose of our audit was to examine internal controls over claims processing and purchasing for the period July 1, 2010, to March 31, 2012. Background The …
https://www.osc.ny.gov/local-government/audits/school-district/2013/01/11/poughkeepsie-city-school-district-internal-controls-over-purchasing-andOrdinary Disability (Section 362) – Career Plan
… of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this is a … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Ordinary Disability (Section 362) – New Career Plan
… credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this is a … are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would be equal … to the benefit that would be payable to you as a service retirement without any reduction for early retirement. You …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Village of Herrings – Financial Operations and Sale of Land (2013M-41)
… employee or a public accountant, as required by Village Law. Designate another individual to prepare monthly bank reconciliations. Audit all claims prior to payment. Take appropriate steps to obtain the best price or …
https://www.osc.ny.gov/local-government/audits/village/2013/05/03/village-herrings-financial-operations-and-sale-land-2013m-41Village of Delanson – Internal Controls Over Selected Financial Operations (2012M-232)
… Purpose of Audit The purpose of our audit was to examine disbursements and the real property tax and water … to April 30, 2012. Background The Village of Delanson is located within the Town of Duanesburg in Schenectady … and water rent collection process so that one individual is not responsible for receiving, recording and depositing …
https://www.osc.ny.gov/local-government/audits/village/2013/03/29/village-delanson-internal-controls-over-selected-financial-operations-2012m-232Elmont Public Library – Board Oversight and Professional Services (2014M-060)
… is located in the Town of Hempstead in Nassau County, and is governed by a seven-member Board of Trustees (Board), … totaled $3,240,092. Key Findings The Board does not audit and approve claims before they are paid from the … account (ACA). The Board authorized the Library Director and an administrative assistant to manage this account, sign …
https://www.osc.ny.gov/local-government/audits/library/2014/07/11/elmont-public-library-board-oversight-and-professional-services-2014m-060Town of Bangor – Board Oversight (2012M-193)
… collected on the Town’s behalf which circumvented Town Law. The Board gave both Officers approval to open and … Conduct a thorough and deliberate audit of the claims for payment against the Town. Conduct an annual audit of the …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-bangor-board-oversight-2012m-193Comptroller DiNapoli and A.G. Schneiderman Announce Criminal Charges and Civil Lawsuit Against Pharmacy Owner for Allegedly Defrauding Medicaid
… T. Schneiderman today announced the arrest and indictment of, as well as a civil asset forfeiture action against, Arkady Goldin, 39, of Brooklyn, and Value Pharmacy, Inc. ("Value"), located at … diverted millions meant to provide treatment to those in need to fund their lifestyles and real estate investments. …
https://www.osc.ny.gov/press/releases/2018/02/comptroller-dinapoli-and-ag-schneiderman-announce-criminal-charges-and-civil-lawsuit-against-pharmacyXI.12.B Contract Assignments – XI. Procurement and Contract Management
… the previous written consent of the agency, department or official that awarded the contract. In addition, if the … Users create the following two transactions in SFS: An amendment transaction against the original agreement that: … the contract amount in SFS, the State agency must reduce funds reservation and contract lines on the original …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12b-contract-assignmentsConflicts of Interest of Municipal Officers and Employees
… has followed its procurement policies and procedures (see General Municipal Law, section 104-b) and the procurement … on the State Comptroller’s website at www.osc.state.ny.us/localgov/firedist/code-of-ethics-fire-districts.docx . … Local Government and School Accountability at localgov@osc.ny.gov . Please provide us with a daytime telephone number in …
https://www.osc.ny.gov/local-government/publications/conflicts-interest-municipal-officers-and-employeesTier 6 Defined Contribution Plan Option
… defined benefit plan or a defined contribution plan for their retirement benefits, if: They are not represented … administered by the State University of New York (SUNY). For further information on the defined contribution plan … on NYS Voluntary Defined Contribution Plan. Then, click For Agency/Employer at the top of the page. You can also call …
https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-optionOpinion 94-19
… such issue of bonds at maturity unless the municipality, school district or district corporation issuing such bonds … the amount of money actually received by municipalities, school districts and fire districts for obligations sold at a …
https://www.osc.ny.gov/legal-opinions/opinion-94-19Opinion 94-29
… -- Exemption From (when municipal attorney represents a presentment agency or an indigent spouse in appeals from … from orders of the Family Court which are prosecuted by the corporation counsel, county attorney, or other agency … section 1102(d) of the CPLR. Where an indigent spouse is being represented by a municipal agency and the agency is …
https://www.osc.ny.gov/legal-opinions/opinion-94-29DiNapoli: Federal Relief Funds Should Have Been Better Targeted to Communities Hardest Hit by COVID-19
… at the time of the CARES Act legislation becoming law in March, New York City would have received $9.4 billion. The … through June 30 (see Figure 2), many of which are located in the regions hit hardest by COVID-19. DiNapoli’s report … dramatic impact of COVID-19 on state and local revenues in New York and elsewhere, significant additional relief from …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-federal-relief-funds-should-have-been-better-targeted-communities-hardest-hit-covid-19Comptroller DiNapoli Releases Municipal Audits
… in the water and sewer ordinances did not conform to applicable state law. Town of Alexandria – Water and Sewer … did not budget accurately nor raise sufficient revenues to fund water and sewer operations, which resulted in five … Auditors found that the clerk did not remit collections to the supervisor and treasurer in a timely manner. The clerk …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-audits