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State Comptroller DiNapoli Releases Municipal Audits
… board’s annual audit of the justices’ books and records is inadequate because it primarily relies on the clerk to perform the review procedures. Also, auditors found none …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-auditsLeading the Way on Climate Investment
… change poses significant risks to the Common Retirement Funds investments the economy and a society as a whole but …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentNew York State Artificial Intelligence Governance
… Objective To assess various New York State agencies’ progress in establishing an appropriate … use of such systems. The U.S. Government Accountability Office noted that a lack of transparency reduces effective …
https://www.osc.ny.gov/state-agencies/audits/2025/04/03/new-york-state-artificial-intelligence-governanceAudit Committee Charter Guidance and Template
… with both external and internal audit functions. It should address the appropriate scope of the audit … audit committee shall be advisory and any recommendations it provides to the Board shall not be substituted for any …
https://www.osc.ny.gov/local-government/publications/audit-committee-charter-guidance-and-templateOpinion 91-27
… -- Real Property (authority of county to supersede sale and lease provisions of County Law, §215) REAL PROPERTY -- … Generally (authority of county to supersede sale and lease provisions of County Law, §215) -- Sales (of … county district paid $10,500 to acquire these two parcels and has expended $6,000 to demolish a building and clear the …
https://www.osc.ny.gov/legal-opinions/opinion-91-27New York City’s Uneven Recovery: Youth Labor Force Struggling
… (compared to 15.9 percent in the rest of the nation) and a labor force participation rate (or those working or actively seeking work as a share of the working age population) of 40.8 percent … nation, 8.9 percent were, suggesting that greater reliance on the slow-to-recover industry may be driving the …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-youth-labor-force-strugglingOne-Year FAS – Career Plan
… FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year FAS includes only the regular … 20 percent will be excluded from the calculation. *For Tier 5 members, the total amount of overtime and …
https://www.osc.ny.gov/retirement/publications/1642/one-year-fasReal Property Tax Cap - School Districts Guidance
… Year The 2015-2016 tax levies for some school districts in Nassau County were reduced in connection with corrections to the districts' … the amount receivable during the school year. As with all PILOT payments, any decisions regarding the LIPA PILOTs used …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidanceTown of Olean Volunteer Fire Company No. 1, Inc., - Controls Over Financial Activities
… activity was properly recorded and reported and that Company money was safeguarded for the period April 1, 2013 … November 24, 2014. Background The Olean Volunteer Fire Company No. 1, Inc. is located in the Town of Olean, … comprises five elected members, is responsible for the Company’s overall financial management. During 2014, the …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/04/03/town-olean-volunteer-fire-company-no-1-inc-controls-overOswego County – Transfer Station Cash Receipts (2015M-334)
… Purpose of Audit The purpose of our audit was to review the internal controls over the Department of Solid Waste’s cash receipts process for the period January …
https://www.osc.ny.gov/local-government/audits/county/2016/03/25/oswego-county-transfer-station-cash-receipts-2015m-334Comptroller DiNapoli Releases School Audits
… continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Madison …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-school-audits-0County of Cortland – Departmental Operations (2013M-157)
… Purpose of Audit The purpose of our audit was to examine the County’s departmental financial operations for … December 12, 2012. Background Cortland County is located in central New York State and has a population of … year are $123.1 million. Key Findings County officials are not ensuring that various departmental operations and …
https://www.osc.ny.gov/local-government/audits/county/2013/08/13/county-cortland-departmental-operations-2013m-157Access-A-Ride Accident Claims (Follow-Up)
… Purpose To determine the extent of implementation of the 11 … increased, but decreased between 2010 and 2012. In regards to the actions the Paratransit Division and carriers, we …
https://www.osc.ny.gov/state-agencies/audits/2016/05/13/access-ride-accident-claims-followControls and Accountability of Court, Trust and Bail Funds (Follow-up)
… recommendations included in our initial report, Controls and Accountability of Court, Trust and Bail Funds ( 2013-N-1 ). Background Our initial audit … Department could not accurately account for Court, Trust and Bail funds. We found discrepancies between the total …
https://www.osc.ny.gov/state-agencies/audits/2015/12/03/controls-and-accountability-court-trust-and-bail-funds-followTown of Hempstead Industrial Development Agency and Valley Stream Union Free School District 30 – Green Acres Mall PILOT Payments (2017M-233)
… Acres payments-in-lieu of taxes (PILOTs) and the 2016-17 tax levy and for the period January 1, 2014 through June 30, … developed policies and procedures assessing the indirect tax impact of PILOTs. District 30 officials underestimated … an unnecessary increase to class 1 (residential) 2016-17 tax rates. Key Recommendations Develop additional policies …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/12/19/town-hempstead-industrial-development-agency-and-valleyOppenheim-Ephratah-St. Johnsville Central School District – Financial Management and Fuel Inventory (2017M-240)
… the 2017-18 fiscal year total approximately $18.6 million. Key Findings The 2014-15 through 2016-17 budgets did not … and 341 more gallons of diesel fuel than it accounted for. Key Recommendations District officials should ensure that all …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/02/oppenheim-ephratah-st-johnsville-central-school-district-financialAdditional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… elected the benefit within one year of your appointment or within one year of employer adoption. By doing so, you … age 62 when your employer adopts this additional benefit, or if you turn 62 within one month of its adoption, you have … of your FAE (a maximum of 32 years). If you are age 55 or older at retirement and your regular plan would provide a …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hOne-Year FAS – Police and Fire Plan
… If your employer has adopted this benefit, your retirement will be calculated based on a … and Longevity payment. All payments must be earned in the 12 months immediately preceding retirement. The … made in anticipation of retirement; Lump sum payments for deferred compensation; and Any payments made for time not …
https://www.osc.ny.gov/retirement/publications/1512/one-year-fasOne-Year FAS – New Career Plan
… If your employer has adopted this benefit, your retirement will … the last 12 months preceding retirement. The calculation of a one-year FAS can include, but is not limited to, the … pay; Payments made in anticipation of retirement; Lump sum payments for deferred compensation; and Any payments …
https://www.osc.ny.gov/retirement/publications/1515/one-year-fasOne-Year FAS – Non-Contributory Plan with Guaranteed Benefits
… not limited to, the following types of payments: Regular salary; Overtime;* Holiday pay; Noncompensatory overtime;* … made in anticipation of retirement; Lump sum payments for deferred compensation; and Any payments made for time not … noncompensatory overtime is limited to 15 percent of your salary. …
https://www.osc.ny.gov/retirement/publications/1513/one-year-fas