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XVI.3.D Basis of Accounting/Measurement Focus – XVI. Financial Reporting
… when the economic consequences of transactions and events are reflected in financial statements. MEASUREMENT … which is concerned with the timing of transactions and events, a measurement focus identifies what transactions and … or decreased the resources available for spending in the near future. A fund’s basis of accounting is inseparably tied …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3d-basis-accountingmeasurement-focusOpinion 2001-15
… district when assets are sold to town) -- Property (meaning of for purpose of Town Law §198[12]) PERSONAL … a lighting district) WORDS AND PHRASES -- "Corporation" (meaning of for purpose of Town Law §198[12]) -- "Property" (meaning of for purpose of Town Law §§191, 202-c) -- "Resident …
https://www.osc.ny.gov/legal-opinions/opinion-2001-15Town of Sullivan – Internal Controls Over Selected Financial Operations (2013M-267)
… Purpose of Audit The purpose of our audit was to evaluate the selected Town … 31, 2012. Background The Town of Sullivan is located in Madison County and has a population of approximately … The Town Clerk is also the appointed Receiver of Taxes. In 2012, the total tax warrant was approximately $9.9 …
https://www.osc.ny.gov/local-government/audits/town/2013/12/27/town-sullivan-internal-controls-over-selected-financial-operations-2013m-267Elba Central School District – Financial Condition (2013M-240)
… Background The Elba Central School District is located in the Towns of Batavia, Byron, Elba, Oakfield, and Stafford in Genesee County. The District is governed by a Board of … by $949,184. Although District officials appropriated on average $413,000 in each of the last five fiscal years to …
https://www.osc.ny.gov/local-government/audits/school-district/2013/10/25/elba-central-school-district-financial-condition-2013m-240Oakfield-Alabama Central School District – Budgeting (2016M-172)
… Purpose of Audit The purpose of our audit was to evaluate the District’s … The Oakfield-Alabama Central School District is located in the Towns of Oakfield, Alabama, Batavia, Pembroke and Elba in Genesee County and the Town of Barre in Orleans County. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/oakfield-alabama-central-school-district-budgeting-2016m-172DiNapoli: Too Many New Yorkers Still Without High-Speed Broadband Access
… online education and health care appointments, but Empire State Development’s (ESD) New NY Broadband Program has fallen … broadband access to New Yorkers, according to an audit by State Comptroller Thomas P. DiNapoli. “The New NY Broadband … internet that is inadequate for today’s needs. The state is now embarking on another effort to provide all New …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-too-many-new-yorkers-still-without-high-speed-broadband-accessChittenango Central School District – Financial Management (2016M-294)
… School District is located in the Towns of Cazenovia, Lenox, Lincoln and Sullivan in Madison County, and the Towns …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/30/chittenango-central-school-district-financial-management-2016m-294Copenhagen Central School District – Financial Condition (2016M-142)
… District is located in the Towns of Champion, Rutland and Watertown in Jefferson County and the Towns of Denmark, Harrisburg and Pinckney in Lewis County. The District, which operates one school with approximately 460 students, is governed by an …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/24/copenhagen-central-school-district-financial-condition-2016m-142Brunswick Central School District – Financial Condition (2014M-002)
… Purpose of Audit The purpose of our audit was to assess the District’s … The Brunswick Central School District is located in the Towns of Brunswick, Pittstown, Grafton, Schaghticoke and Poestenkill in Rensselaer County. The District is governed by an elected …
https://www.osc.ny.gov/local-government/audits/school-district/2014/07/11/brunswick-central-school-district-financial-condition-2014m-002Opinion 89-53
… bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES--Recipients (basis for allocation between or … among fire companies in a multi-company fire department) INSURANCE LAW, §§9104, 9105: Where foreign fire insurance tax moneys are distributed in accordance with …
https://www.osc.ny.gov/legal-opinions/opinion-89-53Opinion 88-51
… (procedure for abolition of); (use of moneys for dredging lake) GENERAL MUNICIPAL LAW, §§6-c(1)(b), 6-d: Moneys in a … repair reserve fund may be expended for the dredging of a lake if the work is intended to restore the lake to its original condition and need not be undertaken …
https://www.osc.ny.gov/legal-opinions/opinion-88-51Unified Court System Bulletin No. UCS-191
… Purpose To inform agencies of procedures for reporting salary increases for affected employees. Affected Employees Unrepresented … (UCS) and various unions, increases in basic annual salary for employees earning $115,000 or more were deferred pending … To inform agencies of procedures for reporting salary increases for affected employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-191-unified-court-system-ucs-salary-restorations-unrepresentedOpinion 2005-7
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. WATER DISTRICTS -- … by electronic funds transfer, of water rents imposed on behalf of a town water district. (2) A town water district … payment by electronic funds transfer, water rents imposed on behalf of a water district. You also ask whether a town on …
https://www.osc.ny.gov/legal-opinions/opinion-2005-7Town of Dresden – Financial Condition and Town Clerk Operations (2016M-369)
… operations in 2013 and 2014. The Board has not developed a multiyear financial and capital plan to address the Town's long-term priorities. The … Supervisor in a timely manner and deposit all money in the bank in a timely manner. Conduct a thorough annual audit of …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-dresden-financial-condition-and-town-clerk-operations-2016m-369State Agencies Bulletin No. 2007
… process this payment via direct deposit. For employees who do not have direct deposit, this payment will be processed in a … (based on the 04/01/2020 Salary Schedule currently in effect) as of 03/31/2022; and Did not receive an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2007-april-2022-civil-service-employees-association-csea-longevity-lump-sumOpinion 2000-14
… AGREEMENTS -- Compensation (payments into annuity program) -- Retirement Benefits (payments into annuity … -- Retirement Benefits (payments into annuity program) SCHOOL DISTRICTS -- Teachers (payments by school district into annuity program) CIVIL SERVICE LAW …
https://www.osc.ny.gov/legal-opinions/opinion-2000-14Village of Hempstead – Budget Review (B7-13-13)
… expenditure projections in the Village’s proposed budget for the 2013-14 fiscal year are reasonable. Background The … fund operating deficits to submit their tentative budgets for the next fiscal year to the State Comptroller for review while the deficit obligations are outstanding. Key …
https://www.osc.ny.gov/local-government/audits/village/2013/04/24/village-hempstead-budget-review-b7-13-13DiNapoli: Audit Reveals Issues Behind Broome County's Fiscal Stress
… on fund balance to finance operations, the county's fiscal health has deteriorated. County Executive Garnar has worked … balance deemed reasonable to retain, adopting budgets that leave $255,000 as a cushion for a general fund operation in … recommended that county officials adopt a specific policy establishing the minimum levels of fund balances that …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-audit-reveals-issues-behind-broome-countys-fiscal-stressState Agencies Bulletin No. 1215
… in 2013. Effective Dates Administrative paychecks dated January 2, 2013 Institution paychecks dated January 10, 2013 … SUNY TDA Fidelity 415 SUNY Tax Deferred Annuity Affected Education Department, School for the Blind and School for the Deaf Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1215-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1114
… in addition to their regular contribution amount for a combined total contribution limit of $22,500 in 2012. An … in addition to their regular contribution amount for a combined contribution limit of $25,500 in 2012. Effected … making excess 403(b) deferrals in 2012, OSC will insert a new effective-dated row using the beginning date of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1114-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tda