Search
DiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… 30, 2024, Fund investments returned an estimated 1.38%. “Stock market volatility underlines the continued economic …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterDiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… executive officer and chief financial officer, centers on false statements made by the defendants regarding quality …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuitTown of Franklinville – Procurement (2024M-56)
… (Board) members, Highway Superintendent (Superintendent) and former Town Supervisor (former supervisor), who served as … were not familiar with the Town’s procurement policy and its requirements. Further, they did not research … with the Town’s procurement policy, or their procurement and claims audit responsibilities, the Board did not perform …
https://www.osc.ny.gov/local-government/audits/town/2024/07/12/town-franklinville-procurement-2024m-56Warsaw Central School District – Financial Management (2016M-278)
… $600,000 has not been used since 2010-11 for related debt principal and interest payments, as statutorily required. Key … Use available debt reserve funds to pay debt service principal and interest. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/16/warsaw-central-school-district-financial-management-2016m-278New York State Comptroller Thomas P. DiNapoli Statement on Federal Tax Reform
… highway aid for emergencies and the Consumer Financial Protection Bureau. Based on Congressional Budget Office … the bill is also expected to result in higher health insurance premiums or loss of coverage for many New Yorkers. …
https://www.osc.ny.gov/press/releases/2017/12/new-york-state-comptroller-thomas-p-dinapoli-statement-federal-tax-reform-0Morley Volunteer Fire Company – Misappropriation of Funds (2023M-154)
… check images, receive monthly financial reports, audit bills (claims) prior to payment or compare cash collections … to deposits. The former Treasurer was arrested in July 2023 and pleaded guilty to grand larceny in the fourth degree in November 2023. She was sentenced to probation in January 2024 and …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2024/03/22/morley-volunteer-fire-company-misappropriation-funds-2023m-154Hastings-on-Hudson Union Free School District - Information Technology (2023M-104)
… ensured that unneeded network user accounts were disabled in a timely manner. Key Findings District officials did not … ensure that unneeded network user accounts were disabled in a timely manner. As a result, 21 percent of the District’s … control over other information technology (IT) functions. In addition to sensitive IT control weaknesses we …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/08/hastings-hudson-union-free-school-district-information-technology-2023mBurnt Hills-Ballston Lake Central School District – Employee Benefit Plan Forfeited Funds (2023M-88)
… – pdf] Audit Objective Determine whether Burnt Hills - Ballston Lake Central School District (District) officials …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/13/burnt-hills-ballston-lake-central-school-district-employee-benefit-planTown of Ticonderoga – Capital Project Management (2023M-38)
… $3.2 million were not recorded in the accounting records. Close seven completed capital projects in the accounting … to the Board to monitor budget-to-actual project activity. Close completed capital projects in a timely manner. Town …
https://www.osc.ny.gov/local-government/audits/town/2023/08/04/town-ticonderoga-capital-project-management-2023m-38Rochester Academy Charter School – Credit Cards (2022M-208)
… Academy Charter School (School) officials ensured credit card charges were properly approved, supported and for … purposes. Key Findings School officials did not ensure credit card charges were properly approved, adequately … did not perform an effective and timely review of credit card charges. As a result: School officials approved …
https://www.osc.ny.gov/local-government/audits/charter-school/2023/06/16/rochester-academy-charter-school-credit-cards-2022m-208State Comptroller DiNapoli Releases School District Audits
… inaccurate. Track state and local government spending at Open Book New York. Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-school-district-auditsHudson Housing Authority – Board Oversight (2016M-302)
… an audit of claims or designate a claims auditor to do so. Key Recommendations Adopt written policies to ensure … of claims prior to payment or appoint a claims auditor to do. Such an audit should include ensuring that claims are in …
https://www.osc.ny.gov/local-government/audits/public-authority/2016/10/28/hudson-housing-authority-board-oversight-2016m-302Town of Machias – Supervisor’s Financial Duties (2021M-98)
… the close of each fiscal year, interfund loans have grown from $246,280 in 2015 to almost $1.6 million as of December …
https://www.osc.ny.gov/local-government/audits/town/2021/09/24/town-machias-supervisors-financial-duties-2021m-98Town of Columbus – Budget Development Practices (2012M-225)
… four Council members, governs the Town. The Town’s annual budget for the 2012 fiscal year is $770,000. Key Findings The … largely unnecessary. While the Board continued to under-budget revenues in fiscal year 2012, its adopted budget for 2013 is more closely based on realistic revenue …
https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-columbus-budget-development-practices-2012m-225Village of Delhi – Financial Condition (2013M-110)
… tax levy continued to increase slightly by 7 percent from 2007 to 2012. As of May 31, 2012, the general, water and …
https://www.osc.ny.gov/local-government/audits/village/2013/07/26/village-delhi-financial-condition-2013m-110State Comptroller DiNapoli Releases School District Audits
… Thomas P. DiNapoli today announced the following school district audits were issued. Briarcliff Manor Union Free School District (Westchester County) Auditors found district officials generally used a competitive process to … Thomas P DiNapoli today announced the following school district audits were issued …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-school-district-auditsTown of Ellicott – Fiscal Stress (2013M-269)
… The elected five-member Town Board is the legislative body responsible for managing Town operations. The Town’s …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-ellicott-fiscal-stress-2013m-269Town of Edinburg – Justice Court Operations (2014M-226)
… Purpose of Audit The purpose of our audit to evaluate the Court’s financial operations for the period January 1, 2013 … responsibilities with respect to the Town’s Justice Court. The Town has an elected Justice, who reported 243 cases during the audit period to the Office of the State …
https://www.osc.ny.gov/local-government/audits/justice-court/2014/11/14/town-edinburg-justice-court-operations-2014m-226CUNY Bulletin No. CU-534
… Merit Award payment distributed upon approval of the Vice Chancellor of Human Resources. Award amounts may not exceed … and are subject to the limitations established by the Vice Chancellor of Human Resources. Effective Date(s) Lump Sum … be reviewed and PAFs must be signed/approved by the Vice Chancellor of Human Resources or designee. A copy of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-534-lump-sum-merit-awards-non-managerial-classified-employeesCost-Saving Ideas: Containing Employee Health Insurance Costs
… As an employer, you should always look for ways to contain health insurance costs without cutting current benefit … in lieu of health benefits for retirees. Self-Fund Your Health Insurance Instead of continually paying premiums to an insurance company, consider self-funding a health insurance plan and hiring a third-party administrator …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costs