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Fiscal Stress Monitoring System - School Districts: Fiscal Year 2020-21 Results
This snapshot highlights the FSMS results for school districts that reported for school fiscal year (SY) 2020-21, which ended on June 30, 2021. Fewer school districts were scored in fiscal stress in this year, but the COViD-19 pandemic and the local, State and federal responses to it had a negative
https://www.osc.ny.gov/files/local-government/publications/pdf/fsms-school-districts-fiscal-year-2020-21-results.pdfContract Advisory No. 24
… Subject: Early Pay Discounts for Procurement Contract Purchases Guidance: As referenced in the Guide to … XI, Section 11.H - Early Pay Discounts for Procurement Contract Purchases , the Office of the State Comptroller … State agencies to request Early Pay Discounts from contract vendors when feasible. Early Pay Discounts have the …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/24-early-pay-discounts-procurement-contract-purchasesXII.6.P Processing a Payment to a Military Address – XII. Expenditures
… with guidance on how to process payments to a military address using the Statewide Financial System (SFS). Process … Document Preparation: To process a payment to a military address using the SFS, Business Units must first request a … Field Name Entry to SFS T302-STR-ADDR-1 TVOH-STR-ADDR-1 Address Line 1 Enter the military unit. T302-STR-ADDR-2 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6p-processing-payment-military-addressAnnual Employer Contributions – Employer Contributions and Rates
… Employers pay an annual contribution for the cost of their employees …
https://www.osc.ny.gov/retirement/employers/contributions/annual-employer-contributionsOpinion 2003-7
… in the opinion. PARKS AND RECREATION -- Moneys in Lieu of Park Land (use of for preliminary costs and feasibility studies) ZONING AND PLANNING -- Park Lands (use of park trust moneys for preliminary costs and feasibility … costs related to a capital improvement at a town park …
https://www.osc.ny.gov/legal-opinions/opinion-2003-7Unified Court System Bulletin No. UCS-171
… to de-select each incumbent that would be affected by an update in Position Data. All incumbents of the affected … Instead the following message will appear only once, upon saving the transaction: In order to prevent the incumbent(s) … box on the Specific Information tab is unchecked BEFORE saving the transaction. If a transaction is saved before the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-171-changes-position-management-update-incumbent-process-unifiedControls Over Cash Advance Accounts
… and Family Services (OCFS) has adequate controls over the cash advance accounts it oversees to ensure the money is … Background Under Section 115 of the State Finance Law, cash advances are issued to State agencies for purposes such as petty cash, travel, and other funding needs (e.g., confidential, …
https://www.osc.ny.gov/state-agencies/audits/2014/04/15/controls-over-cash-advance-accountsMexico Academy Central School District –Financial Management (2016M-219)
… Academy Central School District is located in the Towns of Hastings, Mexico, New Haven, Palermo, Parish, Richland, …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/09/mexico-academy-central-school-district-financial-management-2016m-219Opinion 94-3
… AND HIGHWAYS -- Improvements (financing expenses for street improvements against abutting owners); (necessity to … owners or upon the board's own motion, to improve a street, highway, private road or right-of-way, and assess the … gutters and culverts, or the construction or paving of the street, highway, private road or right-of-way. In the case of …
https://www.osc.ny.gov/legal-opinions/opinion-94-3IV.4.D Debt Service – IV. Accounting Codes - Uses and Descriptions
… amount on Variable Rate Demand Bonds 60403 Principal – Auction Rate Security Bonds Debt service payment – principal amount on Auction Rate Security Bonds 60411 Interest – Fixed Rate Debt … – interest on Variable Rate Demand Bonds 60413 Interest – Auction Rate Securities Debt service payment – interest on …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4d-debt-service-1VI.3.C Budget Transfers Between Business Units (Interunit Budget Transfers) – VI. Budgets
… Interunit Budget Transfer is the budget entry component that is used to move budget authority … in a single entry. Each budget entry in the Interunit Budget Transfer Component must have a zero net financial … Interunit Budget Transfer is the budget entry component that is used to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi3c-budget-transfers-between-business-units-interunit-budget-transfersXVII.2.C Transactions Against Lapsing Appropriations – XVII. Lapsing Appropriations
… submitting transactions subject to OSC review at least 35 days prior to the anticipated lapse date. BOC cannot guarantee transactions submitted less than 35 days before the applicable lapse date will be reviewed and … September 30th* *If these dates fall on a non-business day, see the State Agencies Events and Deadlines calendar …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2c-transactions-against-lapsing-appropriationsProcurement (P) Card Program
… transactions within our scope period were appropriate and in compliance with the laws, rules, regulations, and guidelines governing the purchasing card program and State purchasing requirements. Background In 2023, the … transactions within our scope period were appropriate and in compliance with the laws rules regulations and …
https://www.osc.ny.gov/state-agencies/audits/2026/05/01/procurement-p-card-programChenango County Industrial Development Agency – Audit Follow-Up (2022M-10-F)
… general management and financial and operational affairs. Commerce Chenango, Inc. (Commerce) was hired to perform administrative services on … of CCIDA. The President and Chief Executive Officer of Commerce is appointed by the Board as CCIDA’s Chief Executive …
https://www.osc.ny.gov/local-government/audits/county/2024/12/13/chenango-county-industrial-development-agency-audit-follow-2022m-10-fPayroll Improvement Project Bulletin No. PIP-005
… Navigation Crosswalk provides a side by side list of 9.1 vs. 9.2 navigations. Pay Serv 9.2 navigation for common pages …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-005-navigation-changes-payserv-92XIX.3 Project IDs with Multiple Funding Sources – XIX. Project Costing (PCIP)
… sources, considering the following questions: What is my total project budget? What is my total project cost? Encumbrance? What is my federal versus state match spending? What are my complete …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix3-project-ids-multiple-funding-sourcesOpinion 96-23
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. FEES -- Court Fees (towns not exempt from) -- Exemption (of towns from court fees) TOWNS -- Liability (for court fees) CIVIL …
https://www.osc.ny.gov/legal-opinions/opinion-96-23Helping Hands School – Compliance With the Reimbursable Cost Manual
… To determine whether the costs reported by Helping Hands School (Helping Hands) on its Consolidated Fiscal Report (CFR) were properly calculated, … To determine whether the costs reported by Helping Hands School (Helping Hands) on its Consolidated Fiscal Report …
https://www.osc.ny.gov/state-agencies/audits/2016/05/13/helping-hands-school-compliance-reimbursable-cost-manualNiagara Wheatfield Central School District – Financial Condition (2014M-364)
… 2, 2014. Background The Niagara Wheatfield Central School District is located in the Towns of Wheatfield, … for costs associated with operating the Tuscarora Indian School, and there is at least an 18-month lag before the … Niagara Wheatfield Central School District Financial Condition 2014M364 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/10/niagara-wheatfield-central-school-district-financial-condition-2014m-364XVI.4.C Federal Grant Accruals – XVI. Financial Reporting
… are characterized by the following traits: The provider government (Federal or State) requires the recipient … nonexchange transactions may be governments (Federal as a provider, State and local) or nongovernmental entities. These … the following characteristics: They are not imposed on the provider or the recipient; and The eligibility requirements …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4c-federal-grant-accruals