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State Comptroller DiNapoli Releases School Audits
… was limited to interviews with district personnel and inspection of certain documents related to the issues … was limited to interviews with district personnel and inspection of certain documents related to the issues … review was limited to interviews with BOCES personnel and inspection of certain documents related to the issues …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases Municipal Audits
… Town of Hempstead Local Development Corporation – Fund Balance (Nassau County) The board did not effectively manage fund balance. The board also did not develop or adopt a fund balance policy that addresses what level of fund balance is …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Unemployment Taxes on Employers Poised To Increase To Repay $9B Owed to Federal Government
… in the state borrowing from the federal government to pay claims. State UI tax rates have already risen to the highest level permissible under law in 2021. Unless … employers will also increase in 2022 and beyond, according to a report issued today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-unemployment-taxes-employers-poised-increase-repay-9b-owed-federal-governmentOversight of the STEM Incentive Program
… our audit, recipients could attend any State University of New York or City University of New York two-year or four-year college or statutory colleges …
https://www.osc.ny.gov/state-agencies/audits/2018/11/28/oversight-stem-incentive-programCUNY Bulletin No. CU-473
… check has been returned and is undeliverable, the agency should forward the check to the NYS Department of Tax and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-473-cuny-executive-compensation-plan-ecp-vacation-exchangeCUNY Bulletin No. CU-555
… Fine 425 Repay State Loans/Debt 426 Higher Ed Repay State Loan 445 HC Flexible Spending 580 CUNY Medicare Deficiency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-555-cuny-rate-increases-auto-mechanic-and-machinistMaking Adjustments to Earnings and Days Worked – Enhanced Reporting
… annual bill. Do not make an adjustment to a member’s SCP, loan payments or contributions. These fields should always …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/making-adjustments-earnings-and-days-workedSt. Paul Boulevard Fire District - Board Oversight (2018M-116)
… budgets, which resulted in excessive unrestricted fund balance that was not substantiated by planned uses in any fund balance policy or multiyear financial or capital plans. Adopt … Board should: Adopt realistic budgets and develop a fund balance policy and multiyear financial and capital plan to …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/10/05/st-paul-boulevard-fire-district-board-oversight-2018m-116Westfield Academy and Central School District - Financial Management (2018M-67)
… Determine whether District officials properly managed fund balance and reserves. Key Findings Unrestricted fund balance exceeded the statutory limit by more than $650,000 (4 … points) as of June 30, 2017. The Board appropriated fund balance not needed to fund operations and overestimated …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/03/westfield-academy-and-central-school-district-financial-management-2018mBemus Point Central School District – Reserve Funds (2014M-281)
… audit was to evaluate the District’s reservation of fund balance for the period July 1, 2009 through August 27, 2014. … should be included in the District’s unrestricted fund balance, which would then exceed the statutory limit. Key … funds are properly reclassified as unrestricted fund balance. Develop a plan to use the excess fund balance in a …
https://www.osc.ny.gov/local-government/audits/school-district/2014/12/05/bemus-point-central-school-district-reserve-funds-2014m-281North Bellmore Union Free School District – Financial Condition (2014M-47)
… Purpose of Audit The purpose of our audit was to examine the District’s financial operations and the use of … surplus funds. Review fund balance and develop a plan to reduce the balance to an appropriate level. … North Bellmore Union Free School …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/north-bellmore-union-free-school-district-financial-condition-2014m-47Silver Creek Central School District – Financial Management (2022M-153)
… the Silver Creek Central School District (District) Board of Education (Board) and District officials properly managed fund balance and reserves. Key Findings The Board and District … not properly manage fund balance and reserves, resulting in more taxes being levied than were needed to fund …
https://www.osc.ny.gov/local-government/audits/school-district/2023/01/06/silver-creek-central-school-district-financial-management-2022m-153Wyoming Central School District – Financial Management (2016M-67)
… Findings Officials annually appropriated portions of fund balance toward the subsequent year’s budget that were not … overestimated appropriations. Unrestricted fund balance consistently exceeded the statutory limit. The … realistic estimates of appropriations and the use of fund balance in the annual budget. Ensure that unrestricted fund …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/wyoming-central-school-district-financial-management-2016m-67South Huntington Union Free School District – Financial Condition (2016M-132)
… $10.6 million. The District’s unassigned fund balance during these years exceeded the statutory limit. … designated more than $3 million of unrestricted fund balance for costs related to other post-employment benefits … adopting budgets that result in the appropriation of fund balance that will not be used to fund operations. Use excess …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/south-huntington-union-free-school-district-financial-condition-2016m-132Oakfield-Alabama Central School District – Budgeting (2016M-172)
… and the District only used a minor amount of the fund balance it appropriated to finance operations. Unrestricted fund balance exceeded the 4 percent legal limit during the same … realistic estimates of appropriations and the use of fund balance in the annual budgets. Ensure that the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/oakfield-alabama-central-school-district-budgeting-2016m-172Jamestown City School District – Financial Condition (2015M-120)
… remaining reserve funds and appropriate $1 million of fund balance. Fund balance has been reduced to a dangerously low level. The … recurring revenues, thereby reducing the reliance on fund balance, reserves and other one-time financing sources. …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/20/jamestown-city-school-district-financial-condition-2015m-120Springs Union Free School District – Financial Condition and Leave Accruals (2014M-200)
… by $3.5 million. The Board consistently appropriated fund balance in ensuing years’ budgets that was not used. The District’s unrestricted fund balance as of June 30, 2013 was almost 15% of budgeted … of adopting budgets that contain appropriations of fund balance that will not be used. Ensure that unrestricted fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/springs-union-free-school-district-financial-condition-and-leave-accrualsGlens Falls Common School District – Financial Condition (2015M-66)
… percent of the 2014-15 budgeted appropriations. The Board and District officials did not develop a multiyear financial plan to address the use of restricted and unrestricted fund balance. Key Recommendations Develop and adopt budgets that are structurally balanced and …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/17/glens-falls-common-school-district-financial-condition-2015m-66DeRuyter Central School District – Financial Condition (2015M-119)
… 31, 2014. Background The DeRuyter Central School District is located in the Towns of Cazenovia, DeRuyter, Georgetown …
https://www.osc.ny.gov/local-government/audits/school-district/2015/08/21/deruyter-central-school-district-financial-condition-2015m-119Merrick Union Free School District – Financial Condition (2016M-240)
… the District's financial operations and use of fund balance for the period July 1, 2014 through December 31, … through June 30, 2015. The District's unrestricted fund balance exceeded the statutory maximum for each of the three years reviewed. Fund balance appropriated by the Board was not used. The district …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/07/merrick-union-free-school-district-financial-condition-2016m-240