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DiNapoli: State Pension Fund Value $192 Billion
… earned an estimated 11.42 percent return on investments in the state fiscal year that ended on March 31, 2017. The … year, particularly in the fourth quarter, were driven by rising public equity markets,” DiNapoli said. “New York state’s …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli: Former Village of Sherman Treasurer Arrested for Alleged Theft of $20,000
… Thomas P. DiNapoli, the Chautauqua County District Attorney Jason Schmidt and the Chautauqua County Sheriff’s … her personal expenses,” DiNapoli said. “I thank District Attorney Schmidt and the Chautauqua County Sheriff’s Office … accountable.” “This is not a victimless crime,” District Attorney Schmidt said. “The Village of Sherman, like many of …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-former-village-sherman-treasurer-arrested-alleged-theft-20000DiNapoli: One of the Nation's Largest Energy Suppliers Agrees to Report on Climate Change Risk
… one of the largest electric power holding companies in the United States, has agreed to produce a climate change … Duke Energy will produce its climate risk assessment in the first quarter of 2018. The Fund holds shares of Duke … Retirement Fund is the third largest public pension fund in the United States, with an estimated $201.3 billion in …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-one-nations-largest-energy-suppliers-agrees-report-climate-change-riskLead Poisoning Prevention Program
… period January 1, 2014 through August 7, 2018 and follow-up activities done by the local health departments through … and behavioral problems, kidney damage, and even death. In New York State, the Department of Health (Department) is … improve its monitoring of Program implementation to ensure all children with elevated BLLs are receiving required …
https://www.osc.ny.gov/state-agencies/audits/2019/08/08/lead-poisoning-prevention-programComptroller DiNapoli Releases School District Audits
… million were paid before the claims auditor’s approval and audit. The claims auditor did not sign 70 claims totaling … the statutory limit on surplus fund balance by making more than $12 million in unbudgeted year-end transfers … surplus fund balance was excessive and they overfunded two general fund reserves with balances totaling more than …
https://www.osc.ny.gov/press/releases/2019/06/comptroller-dinapoli-releases-school-district-audits-0State Agencies Bulletin No. 414
… Purpose To explain the new certification process resulting from the … system. A public query will be used each pay period by OCA to identify all employees whose Recertification Date will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/414-employee-certification-process-unified-court-system-ucsFare Evasion (Follow-Up)
… The objective of our initial audit, issued April 15, 2021, was to determine whether Transit and MTA Bus reported … to evade the fare. Also, much of the fare evasion and payment signage we saw was defaced, misleading, not … for the neighborhood. We also found that fare evasion and payment signage was often missing, which was especially …
https://www.osc.ny.gov/state-agencies/audits/2023/06/22/fare-evasion-followState Comptroller DiNapoli Releases Audits
… audit. In particular, Empire recovered over $5.4 million on behalf of the state’s Empire Plan. New York State … or ensure that required year-end closeouts were completed on time. For the three fiscal years ended June 30, 2019, …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-dinapoli-releases-auditsDiNapoli: Unemployment Taxes on Employers Poised To Increase To Repay $9B Owed to Federal Government
… will also increase in 2022 and beyond, according to a report issued today by State Comptroller Thomas P. DiNapoli. … the trust fund balance presents a serious challenge for the state and businesses struggling to recover from the pandemic. Action is needed to avoid hiking costs for New York businesses and slowing the state’s economic …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-unemployment-taxes-employers-poised-increase-repay-9b-owed-federal-governmentComptroller DiNapoli Releases Municipal Audits
… for overtime costs in certain departments. However, it does not appear that the total appropriation will be …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… not comply with their procurement policy when procuring assets. Auditors determined the district could have saved … did not establish adequate controls to safeguard fixed assets. In addition, the treasurer did not submit required … maintain a complete and up-to-date inventory of department assets. Auditors determined department assets were not …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-municipal-auditsAnnual Financial Report
… User Manual [pdf] Chart of Accounts Lookup Accounting and Reporting Manuals (ARMs) County, City, Town, Village … [pdf] NYSLRS Employer Web Portal - Financial Statements and Supplementary Information Notice to CFOs [pdf] The videos listed below contain tutorials on how to navigate and complete the Annual Financial Report. For more detailed …
https://www.osc.ny.gov/local-government/required-reporting/annual-financial-reportWillsboro Fire District – Financial Controls (2014M-156)
… from the Town of Willsboro and the County of Essex, in which it is located. The District is governed by an … The Treasurer does not maintain running cash balances in the check book registers, maintain accounting records with … the District’s annual financial report each year with OSC in a timely manner. Conduct an annual audit of the …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/07/25/willsboro-fire-district-financial-controls-2014m-156County of Cortland – Departmental Operations (2013M-157)
… December 12, 2012. Background Cortland County is located in central New York State and has a population of … and incurring an average of more than $500,000 annually in overtime. The County could save from $44,000 to $177,000 a … year depending on the number of additional officers hired in the jail and road patrol. The County is not imposing …
https://www.osc.ny.gov/local-government/audits/county/2013/08/13/county-cortland-departmental-operations-2013m-157Town of Porter – Sewer Billings to Fort Niagara State Park (2017M-162)
… Purpose of Audit The purpose of our audit was to review the Town’s billing for sewer services provided to the Fort for the period January 1, 2014 through April 17, …
https://www.osc.ny.gov/local-government/audits/town/2017/12/01/town-porter-sewer-billings-fort-niagara-state-park-2017m-162Vestal Central School District – Fund Balances (2017M-91)
… Purpose of Audit The purpose of our audit was to examine the District’s financial management practices for … fund balance has increased by $6.3 million (38 percent) to $22.6 million from 2013-14 through 2015-16 and unassigned … all reserve balances and transfer overfunded amounts to unassigned fund balance, where allowed by law, or other …
https://www.osc.ny.gov/local-government/audits/school-district/2017/07/28/vestal-central-school-district-fund-balances-2017m-91Tully Central School District – Financial Management (2016M-359)
… Background The Tully Central School District is located in the Towns of Preble and Truxton in Cortland County and the Towns of Fabius, LaFayette, Onondaga, Otisco, Spafford and Tully in Onondaga County. The District, which operates two schools …
https://www.osc.ny.gov/local-government/audits/school-district/2017/01/13/tully-central-school-district-financial-management-2016m-359Brighton Central School District – Separation Payments (2016M-119)
… Purpose of Audit The purpose of our audit was to examine the … period July 1, 2014 through March 23, 2016. Background The Brighton Central School District is located in the Towns of …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/brighton-central-school-district-separation-payments-2016m-119East Quogue Union Free School District – IT Asset Management (S9-22-8)
… safeguarded information technology (IT) assets acquired or in use during the audit period. Key Findings District … officials cannot assure taxpayers that money invested in IT assets has been appropriately spent or safeguarded. We … prices of approximately $8,200 were not inventoried. In addition, annual inventories were not conducted, IT …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/east-quogue-union-free-school-district-it-asset-management-s9-22-8Thousand Islands Central School District – Purchasing (2016M-283)
… them to require officers and key employees to disclose all outside employment or business interests. … Thousand …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/04/thousand-islands-central-school-district-purchasing-2016m-283