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Burnt Hills-Ballston Lake Central School District – Employee Benefit Plan Forfeited Funds (2023M-88)
… administrator (administrator) returned forfeited funds from the Health Flexible Spending Arrangement (FSA) and Dependent Care Assistance Program (DCAP) in a timely manner. Key Findings District officials were not … to ensure the administrator returns all forfeited funds from the FSA and DCAP in a timely manner. Ensure the …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/13/burnt-hills-ballston-lake-central-school-district-employee-benefit-planDiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… as trustee of the New York State Common Retirement Fund (Fund), has been appointed lead plaintiff in a securities … action lawsuit filed against the global cybersecurity company Crowdstrike Holdings Inc. The suit filed against …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuitDiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… and real assets (13.14%) and credit, absolute return strategies, and opportunistic alternatives (7.76%). The …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterOpinion 2003-2
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Joint District (authority … town outside of such village," suggest that the statute from which Article 11-A is derived did not apply to … D. Cook; see also letter to Governor Mario M. Cuomo from Charles D. Cook, State Senator, dated July 6, 1988, re …
https://www.osc.ny.gov/legal-opinions/opinion-2003-2Virgil Fire District – Internal Controls Over Financial Operations (2012M-329)
… Purpose of Audit The purpose of our audit was to determine whether District controls are adequate to ensure that financial activity is properly recorded and … proper disbursement procedures including procedures to ensure that all disbursements have proper supporting …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/17/virgil-fire-district-internal-controls-over-financial-operations-2012m-329NY-Sun Incentive Program (Follow-Up)
… the Authority achieved the objectives required by the PSC for NY-Sun, including: confirming geographic equity of … projects are increasing renewable energy in New York’s power system; and properly administering NY-Sun. We found … necessary to ensure that projects are adequately monitored for timely completion and inspected for quality assurance, …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/ny-sun-incentive-program-followCUNY Bulletin No. CU-427
… Eligible CUNY employees who elect to participate in the Health Benefits Buy Out Waiver Program and are also … dated July 28, 2011, Pay Period 7L/8C Background The Health Benefits Buy Out Waiver Program is authorized under … stub or direct deposit advice. Tax Information CUNY Health Benefits Buy Out Payment is taxable income and will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-427-cuny-health-benefits-buy-out-waiver-program-payment-cycleCUNY Bulletin No. CU-419
… Purpose To explain procedures for entering payments into the Time … page. Affected Employees Eligible CUNY employees who elect to participate in the Health Benefits Buy Out Waiver Program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-419-cuny-health-benefits-buy-out-waiver-program-payment-cycleCUNY Bulletin No. CU-407
… Eligible CUNY employees who elect to participate in the Health Benefits Buy Out Waiver Program and are also … by the CUNY University Benefits Office Background The Health Benefits Buy Out Waiver Program is authorized under … stub or direct deposit advice. Tax Information CUNY Health Benefits Buy Out Payment is taxable income and will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-407-cuny-health-benefits-buy-out-waiver-program-payment-cycleHalfmoon-Waterford Fire District No. 1 – Internal Controls Over Financial Operations (2013M-71)
… adequate oversight of the Treasurer’s financial activities for the period January 1, 2011, to January 31, 2013. Background The District is a district corporation of the State, distinct and … financial activities. The Treasurer did not provide accounting information to their independent public accountant …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/05/03/halfmoon-waterford-fire-district-no-1-internal-controls-over-financialState Agencies Bulletin No. 1280
… income. Affected Employees Employees who participated in the PEF or CSEA Certification, Licensure and Exam Fee … CLEFR amount will be reported on the employee’s Form W-2 in box 14 under code FRB . Communication to Affected A letter will be sent by the Governor’s Office of Employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1280-certification-licensure-and-exam-fee-reimbursement-clefr-2013Roxbury Central School District – Financial Condition (2013M-207)
… Background The Roxbury Central School District is located in the Towns of Roxbury, Middletown and Gilboa in Delaware and Schoharie Counties. The District is governed … amounts reserved are necessary and reasonable, and create a written reserve fund plan. To the extent that they are not …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/01/roxbury-central-school-district-financial-condition-2013m-207Binghamton-Johnson City Joint Sewage Treatment Plant – Sewage Operation Costs (2015M-213)
… also to nine other municipal users. The plant is governed by a Joint Sewage Board comprising six members, three appointed by the City’s Mayor and three appointed by the Village Mayor. Budgeted appropriations for the plant’s …
https://www.osc.ny.gov/local-government/audits/city/2015/12/18/binghamton-johnson-city-joint-sewage-treatment-plant-sewage-operation-costs-2015mVillage of Spencer – Financial Condition (2013M-119)
… Purpose of Audit The purpose of our audit was to review the Village’s financial condition … reduce future tax levies. Attend local government training on fiscal oversight and accounting. … Village of Spencer …
https://www.osc.ny.gov/local-government/audits/village/2013/08/30/village-spencer-financial-condition-2013m-119True North Rochester Preparatory Charter School – Contract Management (2014M-073)
… True North Rochester Preparatory Charter School, located in the City of Rochester, is governed by the Board of … significant concerns with the lack of detail contained in the memorandum of understanding (MOU) in the School’s contract with the CMO. Without clear and …
https://www.osc.ny.gov/local-government/audits/charter-school/2014/07/11/true-north-rochester-preparatory-charter-school-contract-management-2014mIX.12.H Key CMIA Documents – IX. Federal Grants
… agreement, interest calculations – are keyed to a state’s fiscal year. Annually OSC, DOB, and lead state … (TSA): Details the terms of implementation of CMIA in the state for each SFY. The TSA includes the list of Subpart A federal programs subject to CMIA, funding techniques the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12h-key-cmia-documentsVII.10.A Cash Advance Overview – VII. State Revenues and Appropriated Loan Receivables
… moneys are to be used in accordance with rules prescribed by the Comptroller which include, but are not limited to: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10a-cash-advance-overviewNorth Colonie Central School District – Claims Processing (2013M-9)
… Town of Colonie, Albany County. The District is governed by the Board of Education (Board) which comprises nine … the District, other than those specifically allowed by Education Law, is paid prior to audit and approval by the claims auditor. … North Colonie Central School …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/29/north-colonie-central-school-district-claims-processing-2013m-9Wallkill Central School District – Claims Auditing (2023M-52)
… before payment, for valid purposes and properly reported to the Board of Education (Board). Key Findings The claims … supporting documentation, which could result in paying a claim that is not valid and legal. 11 warrants (lists of … of all claims paid. The claims auditor’s deficiencies with auditing claims creates a risk that the District could …
https://www.osc.ny.gov/local-government/audits/school-district/2023/09/29/wallkill-central-school-district-claims-auditing-2023m-52Rapids Fire Company – Credit Cards (2023M-86)
… card purchases were made by authorized users, supported and for appropriate Company purposes. Key Findings Credit … card purchases were not always made by authorized users, and 762 purchases totaling $110,938 (97 percent of the credit … purchases, confirm whether the purchases were received, and/or determine whether the purchases were for appropriate …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/09/22/rapids-fire-company-credit-cards-2023m-86