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DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced … of Anastasia Titarchuk as chief investment officer of the New York State Common Retirement Fund. Titarchuk has served … She was appointed interim-CIO in July 2018. About the New York State Common Ret i rement Fund The New York State …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundState Comptroller DiNapoli Releases School District Audits
… contracts. Errors occurred in the leave records maintained for 24 of the 33 (73 percent) employees tested. The district overpaid seven employees $29,686 for unused leave accruals. Owego-Apalachin Central School … education programs (IEP). Auditors reviewed IEPs for 28 students who received services in 2018-19. They found …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: State Tax Collections Continue to Exceed Projections
… improve its long-term fiscal stability and better prepare for future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go funding for critical infrastructure projects. Cash report findings: …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsCaledonia Joint Fire District – Audit Follow-Up (2024M-102-F)
… the Board and District officials did not properly plan for these long-term financial and capital needs. The Board … one Board member vacancy as of July 2024) is responsible for the District’s overall financial management, including … as the District’s chief fiscal officer and is responsible for receiving, maintaining custody of, disbursing and …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/05/01/caledonia-joint-fire-district-audit-follow-2024m-102-fState Agencies Bulletin No. 1931
… that position pools in PayServ may require updates for SFS lapsing. Affected Employees All agencies with … PayServ, will be lapsing and will no longer be available for use in PayServ. Effective Dates Effective 09/15/2021 and … chartfield string effective beginning of the pay period for the following check dates: Cycle Date Administration …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1931-updating-payserv-chartfield-strings-september-lapsing-eventsDiNapoli: 90 School Districts in Fiscal Stress
… classified in “significant stress” were: Wyandanch Union Free School District (Suffolk County); Niagara-Wheatfield … Ramapo Central School District (Rockland); Lawrence Union Free School District (Nassau); Watervliet City School District (Albany); Copiague Union Free School District (Suffolk); Lewiston-Porter Central …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressOpinion 97-7
… trust funds which have been held by the county treasurer for five years, without a further court order. Section … or the commissioner of finance of the city of New York, for five years, together with all accumulations of interest … heretofore paid to the state, . . . is hereby assumed for the benefit of those entitled to receive the same, and …
https://www.osc.ny.gov/legal-opinions/opinion-97-7Opinion 94-30
… that bear on the issues discussed in the opinion. [edited for publication] COUNTY CLERK -- Fees (amount of index fees … the CPLR required a county clerk to collect a fee of $100 for the assignment of an index number to an action pending in … omnibus revenue bill enacted to balance the State budget for fiscal year 1990-91 and increased general fund revenues …
https://www.osc.ny.gov/legal-opinions/opinion-94-30Area #3 – Computer Hardware, Software, and Data Inventories – Information Technology Governance
… Local governments and schools should maintain detailed, up-to-date inventory records for all computer hardware, software … and serial number; the name of the employee or other user to whom the equipment is assigned, if applicable; the … and any pertinent licensing information. In addition to hardware and software inventories, local governments and …
https://www.osc.ny.gov/local-government/publications/it-governance/area-3-computer-hardware-software-and-data-inventoriesJune 2002: Advance Refunding Bonds
… Bulletin This bulletin explains the reporting requirements for advance refunding bonds. Many school districts are … calculation" that assumes that districts borrow money for the maximum period of probable usefulness allowed by … callable, are subsequently (on their call date) "called" for early maturity prior to their stated maturity date. If …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsMonitoring of Homeless Data
… homeless shelter costs as ranging from $2–2.2 billion for the calendar years within our audit scope. Twice a year, … System (HMIS) Data Standards, which establish guidelines for the type of information organizations must collect on … of Care (CoCs)—coordinate housing and services funding for homeless families and individuals. These CoCs control …
https://www.osc.ny.gov/state-agencies/audits/2025/05/20/monitoring-homeless-dataCOVID-19 Pandemic Small Business Recovery Grant Program
… mission of the Program was to support small businesses or for-profit independent arts and cultural organizations … by the COVID-19 pandemic that either did not qualify for federal assistance programs or that received inadequate … ESD awarded the entirety of the $760 million allocated for small businesses ($40 million was allocated for …
https://www.osc.ny.gov/state-agencies/audits/2025/05/07/covid-19-pandemic-small-business-recovery-grant-programSelected Safety and Security Equipment at Train Stations
… and 43 Customer Assistance Intercoms (CAIs) (intended for customer use in emergencies) at an estimated cost of approximately $21 million for the new system, excluding the stand-alone cameras. SIR's … is not publicly broadcasted, but is monitored, primarily for surveillance and security purposes. CCTV relies on …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/selected-safety-and-security-equipment-train-stationsOversight of Child Protective Services
… reporting of child abuse and maltreatment, provide for the swift and competent investigation of such reports, … children, families, and communities. OCFS is responsible for overseeing the locally administered child welfare system, … days a year, and received roughly 300,000 calls annually for the 2 years prior to the COVID-19 pandemic. Calls …
https://www.osc.ny.gov/state-agencies/audits/2023/01/24/oversight-child-protective-servicesState Agencies Bulletin No. 2368.2
… OSC may recoup from employees’ wages the amount owed for an overpayment of unemployment insurance benefits … New deduction code 509, Unemployment Insurance, is used for recoupment of overpaid unemployment insurance benefits … insurance benefits, a one-time payroll deduction for the flat amount of the overpayment may be applied. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23682-instructions-use-deduction-code-433-unemployment-insurance-owed-andTown of Oxford – Financial Condition (2024M-135)
… accumulated over time. The Board is responsible for managing and controlling the Town’s financial affairs, … chief fiscal officer and budget officer. He is responsible for providing the Board with financial reports. The Town’s … AFRs in a timely manner, which OSC would have analyzed for possible fiscal stress. Using our recalculated results of …
https://www.osc.ny.gov/local-government/audits/town/2025/07/25/town-oxford-financial-condition-2024m-135Newburgh Enlarged City School District – Financial Management (2025M-32)
… of surplus fund balance, 1 up to 4 percent of the budget, for unexpected occurrences and fluctuations in cash flow. … reserves to restrict a reasonable portion of fund balance for a specific purpose, in compliance with statutory … budget. District officials did not establish a rationale for funding District reserves. Also, by transferring surplus …
https://www.osc.ny.gov/local-government/audits/school-district/2026/02/06/newburgh-enlarged-city-school-district-financial-management-2025m-32Preston Fire District – Board Oversight (2025M-87)
… Audit Area The board of fire commissioners is responsible for managing and controlling the fire district’s financial … in a timely manner. The District’s budgeted appropriations for 2025 were $57,300 and disbursements totaled $151,873 from … percent interest, and the average daily balance available for investment from this account was $208,626. Audit Summary …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/03/13/preston-fire-district-board-oversight-2025m-87State Comptroller DiNapoli Releases School Audits
… that did not comply with the 4 percent statutory limit for the past three fiscal years. When adding back unused … including a reserve plan that indicates their intentions for funding, using and accumulating reserve funds. BOCES … certain reserve funds to ensure amounts were appropriate for BOCES’ needs or include reserve funding in the annual …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases School District Audits
… year-end commitments related to unperformed contracts for goods and services totaling was $3.3 million during the audit period and $3.2 million was unsupported or for unbudgeted purchases. In effect, officials improperly … The claims that auditors reviewed were supported and for appropriate BOCES purposes. However, all claims were not …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits