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State Comptroller DiNapoli Releases Municipal Audits

… identifying certain conditions and opportunities related to cash receipts and disbursements for the department … Auditors revisited the department on February 22, 2022 to review progress in implementing the recommendations. The … to monitor capital investment and salaries and did not have an adequate process to verify job creation and …

https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits

State Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program

… P. DiNapoli today announced a $3 billion increase to the New York State Common Retirement Fund’s (Fund) … to our investments. Smart, sustainable investments protect the long-term value of the Fund and at the same time can be a powerful tool for … Thomas P DiNapoli today announced a $3 billion increase to the New York State Common Retirement Funds Fund Sustainable …

https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-program

XVI.3.B Fund Accounting – XVI. Financial Reporting

… and are discussed in greater detail later in this section. Governmental Funds General Fund Federal Special Revenue Funds … fund types is necessary for a complete understanding of governmental accounting. A discussion of the fund types used … classification of a fund to a fund group, follow below. GOVERNMENTAL FUND TYPES These are the funds through which …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accounting

DiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies

… recent actions taken by the New York State Common Retirement Fund (Fund) to support LGBTQIA+ equity and … equal and inclusive health and other benefits, and employee resource groups. The Comptroller also asks the … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …

https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companies

DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund

… of Anastasia Titarchuk as chief investment officer of the New York State Common Retirement Fund. Titarchuk has served as the Fund’s interim CIO since July 2018. “Anastasia … and talents as a skilled investor are reflected in the success of our state’s pension fund,” DiNapoli said. “She …

https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fund

State Comptroller DiNapoli Releases School District Audits

… appropriations by an average of more than $2 million a year and allowed surplus fund balance to exceed the statutory … million that was not needed or used. The recorded fiscal year-end commitments related to unperformed contracts for …

https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits

City of Corning – Misappropriation of Finance Department Cash Receipts (2014M-140)

… recording and depositing the fees for code enforcement, parking permits, water and sewer services, parking ticket fines, tax searches and garbage bags as well …

https://www.osc.ny.gov/local-government/audits/city/2014/08/13/city-corning-misappropriation-finance-department-cash-receipts-2014m-140

Area #9 – Wireless Network – Information Technology Governance

… than wired networks because data are transmitted into the air and can potentially be intercepted and misused by …

https://www.osc.ny.gov/local-government/publications/it-governance/area-9-wireless-network

Medicaid Program – Improper Medicaid Payments for Individuals Receiving Hospice Services Covered by Medicare

… services; home health aides; physical and occupational therapy; medical appliances and supplies; and drugs. When …

https://www.osc.ny.gov/state-agencies/audits/2020/12/28/medicaid-program-improper-medicaid-payments-individuals-receiving-hospice-services-covered

Fine Fire District – Board Oversight (2023M-81)

… of the Board, not supported, not audited or they resulted in overpayments. Key Recommendations Maintain sufficient …

https://www.osc.ny.gov/local-government/audits/fire-district/2023/10/27/fine-fire-district-board-oversight-2023m-81

Village of Painted Post – Board Oversight (2017M-92)

… October 24, 2016. Background The Village of Painted Post is located in the Town of Erwin in Steuben County and … Village of Painted Post Board Oversight 2017M92 …

https://www.osc.ny.gov/local-government/audits/village/2017/08/11/village-painted-post-board-oversight-2017m-92

Oversight of Pupil Transportation Services (Follow-Up)

… training and safety technique requirements for school bus drivers and school bus safety training instructors and make rules and … District to certify to the Department that its school bus drivers have successfully completed the …

https://www.osc.ny.gov/state-agencies/audits/2022/06/22/oversight-pupil-transportation-services-follow

Village of Weedsport – Financial Management (2025M-76)

… of Trustees (Board) effectively manage fund balance? Audit Period March 1, 2022 – June 6, 2025 Understanding the Audit …

https://www.osc.ny.gov/local-government/audits/village/2025/12/12/village-weedsport-financial-management-2025m-76

DiNapoli: State Pension Fund Value $194.3 Billion

… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billion

Town of Essex – Internal Controls Over Selected Financial Operations (2015M-60)

… payments, tax withholdings and deductions for health insurance premiums. Not all employees’ leave accrual records … not establish an adequate system of internal controls over transfer station cash receipts. Key Recommendations Establish … of water and sewer charges. Establish a comprehensive transfer station cash receipts policy. …

https://www.osc.ny.gov/local-government/audits/town/2015/08/07/town-essex-internal-controls-over-selected-financial-operations-2015m-60

Extra-Classroom Activity (2015-MR-5)

… complete report - pdf] We also issued six letter reports to the following school districts: Deposit , Dryden , Greene … charges of a board of education (Board), for, by or in the name of a school, student body or any subdivision thereof." Extra-classroom …

https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/extra-classroom-activity-2015-mr-5

Village of Forestville – Water Fund (2012M-207)

… did not include all unpaid water bills and fees on the tax roll for the 2011-12 fiscal year. Key Recommendations … rents is complete and accurate prior to relevy on the tax roll. …

https://www.osc.ny.gov/local-government/audits/village/2013/02/15/village-forestville-water-fund-2012m-207

Oneida City School District – Controlling Access to the Student Information System (2016M-53)

… was to examine the District’s information technology (IT) access controls over personal, private and sensitive … information (PPSI) in its Student Information System (SIS) for the period July 1, 2014 through October 30, 2015. … office secretaries. District officials do not review SIS audit logs on a regular basis nor do they properly manage …

https://www.osc.ny.gov/local-government/audits/school-district/2016/06/24/oneida-city-school-district-controlling-access-student-information-system