Search

XVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting

… accounting and financial reporting principles. From time to time, GASB will issue statements that prescribe accounting … The procedures listed below have been developed in order to ensure a smooth transition when implementing a new … with appropriate units in OSC that may be impacted by the change would be initiated for their input. Based upon the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standards

Town of Ballston – Water Fund Financial Operations (2012M-258)

… to assess the water fund’s fiscal health and operations for the period January 1, 2010, to December 31, 2011. … for the 12 water districts. Key Findings The Town’s accounting records and records were not properly maintained. … of $242,581 of capital project funds that were recorded in District 2. At the end of 2011, the Town recorded a fund …

https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-ballston-water-fund-financial-operations-2012m-258

Brushton-Moira Central School District – Tuition Billing (2023M-158)

… Audit Objective Determine whether Brushton-Moira Central School District (District) officials properly billed tuition for nonresident foster care students enrolled at the …

https://www.osc.ny.gov/local-government/audits/school-district/2024/03/01/brushton-moira-central-school-district-tuition-billing-2023m-158

Get Help - Businesses and Governments

… Vendors and NYS agencies with questions about Online Services: Contact … System (SFS), visit the SFS website . … For Vendors and NYS agencies with questions about Online Services …

https://www.osc.ny.gov/online-services/get-help-businesses-and-governments

Opinion 92-43

… discussed in the opinion. PUBLIC CONTRACTS -- Policies and Procedures (inclusion of purchases by town highway … Equipment (necessity to obtain prior town board approval for purchases of); (purchases governed by town board's … interests of the taxpayers of the political subdivision or district, to facilitate the acquisition of goods and services …

https://www.osc.ny.gov/legal-opinions/opinion-92-43

State Comptroller DiNapoli Releases Municipal & School Audits

… today announced the following local government and school audits were issued. Gates Fire District – Board Oversight of Long-Term Planning (Monroe … The board and district officials did not properly plan for the district’s long-term financial and capital needs …

https://www.osc.ny.gov/press/releases/2024/06/state-comptroller-dinapoli-releases-municipal-school-audits

DiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services

… “Remote learning disrupted the entire educational system, but the students who need special education services …

https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-services

DiNapoli: New York City's Budget Outlook Improves

… cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education and … 2027, despite a decrease of about $500 million annually in real estate transaction taxes. Non-tax revenue adjustments also …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improves

DiNapoli Releases July Cash Report

… This year-over-year increase is primarily due to large estate tax collections received in July, as well as continued strength in real property transfer tax collections. All Funds receipts … lower than projections from the Enacted Budget. Spending for local assistance programs totaled $32.2 billion and was …

https://www.osc.ny.gov/press/releases/2015/08/dinapoli-releases-july-cash-report

Opinion 97-2

… INSURANCE -- Health Insurance (authority to cover former school board members); (municipal cooperative health benefit … and Duties (authority to provide health insurance coverage for former school board members) INSURANCE LAW, ARTICLE 47; GENERAL MUNICIPAL LAW, §§92-a, 119-o: A school district may not reimburse a former school board member who …

https://www.osc.ny.gov/legal-opinions/opinion-97-2

Risk Assessment and Implementation of Measures to Address Extreme Weather Conditions

… (MTA)—Bridges & Tunnels (B&T), MTA Bus Company (MTA Bus), and New York City Transit-Department of Buses (Transit … the plans were tested/updated and the weather-related equipment was inspected/maintained to ensure it can be … (BCC), located in East New York, Brooklyn, is responsible for overseeing all of MTA’s Bus Operations. Decisions are …

https://www.osc.ny.gov/state-agencies/audits/2025/01/02/risk-assessment-and-implementation-measures-address-extreme-weather-conditions

Baldwinsville Central School District – Fuel Inventory (2022M-106)

… Audit Objective Determine whether Baldwinsville Central School District (District) officials safeguarded and accounted for fuel inventory. Key Findings District officials did not …

https://www.osc.ny.gov/local-government/audits/school-district/2022/10/14/baldwinsville-central-school-district-fuel-inventory-2022m-106

State Contract and Payment Actions in March

… Office of the State Comptroller approved 1,458 contracts for state agencies and public authorities valued at $19.5 billion and approved … of a new building at the University of Buffalo's School of Medicine and Biomedical Sciences. Department of …

https://www.osc.ny.gov/press/releases/2018/05/state-contract-and-payment-actions-march

Town of Yorkshire – Financial Management (2021M-109)

… whether the Town of Yorkshire (Town) Board (Board) and officials adopted realistic budgets, maintained … reasonable levels of fund balance and properly planned for equipment replacement. Key Findings The Board and officials …

https://www.osc.ny.gov/local-government/audits/town/2021/11/19/town-yorkshire-financial-management-2021m-109

Arkport Central School District – Network Access Controls (2021M-162)

… - pdf ] Audit Objective Determine whether Arkport Central School District (District) officials ensured network access controls … Recommendations Establish written policies or procedures for managing network user accounts. Regularly review network …

https://www.osc.ny.gov/local-government/audits/school-district/2022/01/28/arkport-central-school-district-network-access-controls-2021m-162

Information Technology Audits

… BOCES Suffolk No. 1 (Eastern) BOCES Ulster BOCES Charter School Discovery Charter School Young Women's College Prep Charter School of Rochester City City of Amsterdam School District Amherst Central School District Bayport-Blue Point …

https://www.osc.ny.gov/local-government/audits/information-technology-audits

Fiscal Stress in School Districts: Common Themes for School Year 2018-19

This report summarizes results of school district scores for the 2018-19 fiscal school year (SY) and compares results to SYs 2016-17 and 2017-18.

https://www.osc.ny.gov/files/local-government/publications/pdf/common-themes-for-school-year-2018-19.pdf

Town of Pittstown – Records and Reports (2013M-5)

… of our audit was to review the Town’s financial operations for the period January 1, 2011, to September 17, 2012. … The Town of Pittstown is located in Rensselaer County and has a population of approximately 5,700 residents. The … Key Findings The Supervisor did not maintain adequate accounting records or provide the Board with accurate …

https://www.osc.ny.gov/local-government/audits/town/2013/06/08/town-pittstown-records-and-reports-2013m-5