Search
I.1 Introduction to the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… to Financial Operations (GFO) acts as a reference source for statewide accounting policies, procedures and the Office of the State Comptroller (OSC) related-mandates for use by State agencies. The Guide provides policies and procedural guidance for State agencies using the SFS as well as traditional …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i1-introduction-guide-financial-operationsGuide to Financial Operations
… The New York State Guide to Financial Operations (GFO) acts as a reference … (OSC) related-mandates for use by State agencies. The Guide provides policies and procedural guidance for State … The New York State Guide to Financial Operations GFO acts as a reference source …
https://www.osc.ny.gov/state-agencies/gfoDiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… Thomas P. DiNapoli announced that former Family Service Society (FSS) Chief Operating Officer Jennifer … Comptroller Thomas P DiNapoli announced that former Family Service Society FSS Chief Operating Officer Jennifer Thurber …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsMessage from the Comptroller – 2022 Financial Condition Report
… It highlights major issues in programmatic areas ranging from public health to public safety, energy and the … serve as a resource for New Yorkers as the State emerges from the pandemic and policymakers contemplate the best path …
https://www.osc.ny.gov/reports/finance/2022-fcr/message-comptrollerNew York State Comptroller DiNapoli Statement on New Shareholder Rule
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today issued the … New York State Comptroller Thomas P DiNapoli trustee of the New York State Common Retirement Fund today issued the …
https://www.osc.ny.gov/press/releases/2020/09/new-york-state-comptroller-dinapoli-statement-new-shareholder-ruleXIV.13.A Overview – XIV. Special Procedures
… §179- f requires the State to pay vendors promptly (within 30 days of the Merchandise/Invoice Received (MIR) date for most vendors, 15 days for qualified Small Business Vendors). When the State … 179 f requires the State to pay vendors promptly within 30 days of the MerchandiseInvoice Received MIR date for most …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv13a-overviewDiNapoli Releases Bond Calendar for Fourth Quarter
… of the State Comptroller. The prospective fourth quarter calendar includes anticipated bond sales by the following … Finance Agency and the State of New York Mortgage Agency. Calendar: Securities Coordinating Committee (SCC) Forward Issuance Bond Calendar Find out how your government money is spent at Open …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-releases-bond-calendar-fourth-quarterDiNapoli Releases Bond Calendar for Fourth Quarter
… of the State Comptroller. The prospective fourth quarter calendar includes anticipated bond sales by the following … of New York Mortgage Agency. The detailed forward issuance calendar can be obtained at: …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-releases-bond-calendar-fourth-quarterDiNapoli Releases Bond Calendar For First Quarter
… of $4.27 billion include $2.97 billion of new money and $1.30 billion of refundings or reofferings as follows: $1.73 billion scheduled for January, of which $1.59 billion is new money and $140 million is refundings or …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-bond-calendar-first-quarterState Agencies Bulletin No. 2212
… agencies that OSC will be unable to print SFS checks for Payroll Check Reissues, Reversals, Exchanges and Direct … deposits are returned from their financial institution for any reason, whose direct deposit is reversed due to an … a check exchange, and who request a Payroll Check Reissue for any reason are affected. Background: The Statewide …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2212-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returnsControls Over Revocable Consents
… ensure all structures requiring a revocable consent have one in place. Our audit covered the period from July 1, 2016 … plans for the structure for which the consent was granted (one consent); documenting that notices of public hearings and … and that structures requiring a revocable consent have one …
https://www.osc.ny.gov/state-agencies/audits/2020/09/23/controls-over-revocable-consentsInternal Controls Over Selected Financial Operations
To determine whether the Division of Alcoholic Beverage ControlState Liquor Authority has adequate controls over selected financial operations to provide reasonable assurance that State assets and information are appropriately managed and safeguarded
https://www.osc.ny.gov/state-agencies/audits/2020/09/30/internal-controls-over-selected-financial-operationsResponse Planning for Unexpected Events
… of only one event. There were also no procedures for two events – cancellation of a special schedule and trees on …
https://www.osc.ny.gov/state-agencies/audits/2021/06/28/response-planning-unexpected-eventsEfforts to Collect Delinquent Taxes
… and the taxpayer has exhausted all applicable protest rights, or protest rights have expired, the tax is considered delinquent and the …
https://www.osc.ny.gov/state-agencies/audits/2021/08/24/efforts-collect-delinquent-taxesOrleans County – Court and Trust Funds (2024-C&T-6)
… established appropriate controls to safeguard and account for court and trust funds for the period January 1, 2021 through November 1, 2024. … and then delivered to the County Treasurer (Treasurer) for safekeeping. Payments made pursuant to court orders … established appropriate controls to safeguard and account for court and trust funds for the period January 1 2021 …
https://www.osc.ny.gov/local-government/audits/court-and-trust/2024/12/13/orleans-county-court-and-trust-funds-2024-ct-6Valley Central School District – Information Technology (2020M-154)
… report - pdf ] Audit Objective Determine whether the Board of Education (Board) and Valley Central School District … did not have a contingency plan to recover in the event of a significant service interruption. The Board did not … Determine whether the Board of Education Board and Valley Central School District …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/18/valley-central-school-district-information-technology-2020m-154Theresa Fire District – Board Oversight and Financial Management (2021M-60)
… on historic trends. Develop and adopt financial plans for maintaining a reasonable level of fund balance. District …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Cheektowaga Central School District - Capital Project Management (2022M-90)
… $1.9 million of additional work the District contracted for. As a result, voters were not afforded the opportunity to … under budget. Officials expended just over $2 million for five professional service contracts and 39 change orders … timely to the New York State Education Department (SED) for approval. Key Recommendations Transparently share capital …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/16/cheektowaga-central-school-district-capital-project-management-2022m-90Downsville Fire District – Procurement and Claims Audit (2022M-130)
… whether the Downsville Fire District’s (District) Board of Fire Commissioners (Board) ensured that goods and services … and that all claims were approved prior to payment. None of the 18 purchases of goods and services tested, totaling $58,117 (11 percent), … whether the Downsville Fire Districts District Board of Fire Commissioners Board ensured that goods and services …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/12/30/downsville-fire-district-procurement-and-claims-audit-2022m-130Sewanhaka Central High School District – Business Office Information Technology Systems (2023M-12)
… (IT) contingency plan to help secure and protect business office IT systems in the event of a disruption or … plan to help them adequately secure and protect business office IT systems in the event of a disruption or … plan in place that is properly distributed to all business office staff and periodically tested for efficacy, …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/30/sewanhaka-central-high-school-district-business-office-information