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MTA Makes Progress Funding Capital Programs But Faces Risks From Federal Actions
… federal actions threaten its financial future and debt profile, according to State Comptroller DiNapoli’s annual … Update: Metropolitan Transportation Authority’s Debt Profile Related Work Annual Update: Metropolitan Transportation Authority’s Debt Profile (May 2024) A Review of Capital Needs at the …
https://www.osc.ny.gov/press/releases/2025/06/mta-makes-progress-funding-capital-programs-faces-risks-federal-actionsVillage of Fredonia – Financial Condition (2025M-149)
… budget work sessions each year – the Trustees did not fully understand the Village’s financial condition and … deteriorated over a six-year period from the 2019-20 through 2024-25 fiscal years. Board members told us that … budgeting practices caused unrestricted fund balance in the general, water and sewer funds to decline by more than …
https://www.osc.ny.gov/local-government/audits/village/2026/05/08/village-fredonia-financial-condition-2025m-149Madrid-Waddington Central School District – Financial Condition (2015M-347)
… Purpose of Audit The purpose of our audit was to assess the District’s financial condition … Central School District is located in the Towns of Lisbon, Louisville, Madrid, Potsdam and Waddington in St. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/15/madrid-waddington-central-school-district-financial-condition-2015m-347Liberty Central School District – Financial Operations (2016M-25)
… is governed by a nine-member Board of Education. General fund budgeted appropriations for the 2015-16 fiscal year … $42.9 million. Key Findings The unemployment insurance and retirement contribution reserves were overfunded by $1.6 million. The school lunch fund is not yet financially self-sufficient. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/01/liberty-central-school-district-financial-operations-2016m-25Bovina Fire District – Fund Balance (2015M-138)
… Purpose of Audit The purpose of our audit was to determine if District officials properly managed the District’s fund balance for the period January 1, 2014 …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/08/21/bovina-fire-district-fund-balance-2015m-138Town of Conesville – Long-Term Planning (2016M-314)
… Purpose of Audit The purpose of our audit was to examine the Town’s long-term … planning for the period January 1, 2015 through July 26, 2016. Background The Town of Conesville is located in … The purpose of our audit was to examine the Towns longterm planning for the period January …
https://www.osc.ny.gov/local-government/audits/town/2016/12/02/town-conesville-long-term-planning-2016m-314Chatham Central School District – Financial Condition (2015M-161)
… The District has not established a formal plan stating how much will be set aside in each reserve, how each reserve will be funded or when reserve funds are to …
https://www.osc.ny.gov/local-government/audits/school-district/2015/10/30/chatham-central-school-district-financial-condition-2015m-161Town of Colchester – Financial Condition (2016M-376)
… revenues by 7 percent and overestimated expenditures by 18 percent, on average, in the general fund. Key …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-colchester-financial-condition-2016m-376Town of Owego – Financial Management (2015M-179)
… for the general funds’ budgets because they were not based on a historical trend of actual results. The Town accumulated … Develop reasonable revenue estimates that are based on a historical trend of actual results. Formally develop a …
https://www.osc.ny.gov/local-government/audits/town/2015/11/20/town-owego-financial-management-2015m-179Town of Mina – Financial Management and Vehicle Fuel Procurement (2014M-34)
… January 6, 2014. Background The Town of Mina is located in Chautauqua County and has a population of approximately 1,100. It is governed by an … blended gasoline was purchased from State contract vendors in 2012 and 2013. Key Recommendations Adopt a policy and …
https://www.osc.ny.gov/local-government/audits/town/2014/06/06/town-mina-financial-management-and-vehicle-fuel-procurement-2014m-34Little Falls City School District - Financial Condition Management (2019M-67)
… and reduces the surplus fund balance. District officials have not developed a comprehensive multiyear financial plan. … District officials agreed with our recommendations and have initiated or indicated they planned to initiate …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/little-falls-city-school-district-financial-condition-management-2019m-67Town of Maryland - Financial Management (2018M-121)
… general and highway funds increased by $450,000 and, as of December 31, 2017, was 83 percent of 2017 expenditures. Over the last three years, conservative … budgeting led to combined overestimated expenditures of $495,000 and underestimated revenues of $226,000 in the …
https://www.osc.ny.gov/local-government/audits/town/2018/09/07/town-maryland-financial-management-2018m-121Village of Granville - Financial Condition of the Sewer Fund (2018M-49)
… Determine if the Board adopted realistic budgets for the sewer fund and took appropriate action to maintain the … revenues and underestimated appropriations in the sewer fund budgets for fiscal years 2014-15 through 2016-17, … of $36,539 as of May 31, 2017. The general, water and sewer fund all experienced cash flow issues due to the sewer …
https://www.osc.ny.gov/local-government/audits/village/2018/06/29/village-granville-financial-condition-sewer-fund-2018m-49State Comptroller DiNapoli Releases Municipal Audits
… calculated and paid according to the agreements, resulting in LCIDA overpaying $316,597 for such services – 172% more than the written agreements required. In addition, LCIDA paid a fee for one project which was not … The former supervisor did not always record collections in a timely manner during 2023, with an average of 40 days …
https://www.osc.ny.gov/press/releases/2025/06/state-comptroller-dinapoli-releases-municipal-auditsOpinion 92-2
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Taxes (authority to use … TOWN LAW, §176(12),(27): General fire district funds may not be used to pay amounts due under a contract for the use … . General Municipal Law, §9-a, authorizing municipalities, but not fire districts, to make inter-fund advances under …
https://www.osc.ny.gov/legal-opinions/opinion-92-2Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … condition of the water and sewer funds. Both funds relied on interfund advances from the general fund to help finance …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Georgia Woman Sentenced to Over a Year in Prison and Ordered to Pay $459K in Full Restitution for Stealing NYS Pension and Social Security Payments
… to over a year in federal prison and ordered to pay full restitution after admitting she stole $459,050 in New … to over a year in federal prison and ordered to pay full restitution after admitting she stole $459050 in New …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-georgia-woman-sentenced-over-year-prison-and-ordered-pay-459k-full-restitution-stealing-nysIX.5.B Billing for Onboarding Agencies – IX. Federal Grants
… (ESA) is a group of PeopleSoft modules that includes Project Costing, Grants Management, and Customer Contracts. … funds distribution functionality (See Section IX.4.A) in Project Costing to split expenditures systematically for … Section 15.E of this guide on how to set this up in the Project Guide) Interface LATS information into SFS Once an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix5b-billing-onboarding-agenciesState Comptroller DiNapoli Releases Municipal & School Audits
… Training (Nassau County) SHP training was not provided to all employees or any board members. Of the 120 total … complete the annual training. Burnt Hills – Ballston Lake Central School District – Employee Benefit Plan Forfeited … the funds were not available for the district’s use Eastern Suffolk Board of Cooperative Educational Services – …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-audits-0Comptroller DiNapoli Releases Municipal Audits
… and fees were generally recorded accurately and deposited in a timely manner. The justices submitted monthly reports … monthly bank reconciliations and accountabilities were not consistently prepared. Town of Farmersville – Town Clerk … totaling $520,000 and found they were recorded properly but were not always remitted to the appropriate parties in a …
https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-releases-municipal-audits-1