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State Comptroller DiNapoli Releases School District Audits
… Valley Board of Cooperative Educational Services – Reserve Funds (2022M-39) While the board and BOCES officials properly established reserve funds, they did not transparently fund the reserves or use or maintain reserve funds at reasonable levels. The board and officials used …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-0Comptroller DiNapoli Releases Municipal Audits
… a result, the unrestricted fund balance deficit increased to as much as $171,492 during the audit period. Auditors also … In addition, the board transferred unavailable funds to its capital reserves, and expended funds from reserves without adequate public notice; for example, transfers to reserves totaling $593,941 and expenditures from …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… have been shortchanged because the state continues to use money in the Dedicated Highway and Bridge Trust Fund (DHBTF) to pay down debt from past projects and cover the operating … by the state,” DiNapoli said. “It is time for New York to change direction and use the money in the Dedicated Highway …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offIX.8.A Accounting for Federal Refunds – IX. Federal Grants
… voucher regardless of whether the grant award is open or closed with the federal agency or whether the appropriation/segregation is active or lapsed. See Chapter VII, Section 3 - Refund of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsDiNapoli: State Ends Third Quarter of State Fiscal Year on Solid Financial Footing
… deductible from federal taxes. Tax receipts exceeded the latest Financial Plan forecast by $12.9 billion over the … year, and $386.2 million higher than anticipated in the latest projections but $1.1 billion higher than initially … year for the same period and $217.7 million higher than latest projections and nearly $1.5 billion higher than …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-state-ends-third-quarter-state-fiscal-year-solid-financial-footingDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects … since 1990, but the estimated capital improvement needs for water and sewer projects far exceeds this amount, and … to provide subsidized loans and grants to municipalities for drinking water, wastewater treatment, and other projects, …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for … new steps the company has said it will take is investment in renewable resources and advanced technologies to make its power grid more efficient and decentralized. In its American Electric Power: Strategic Vision For a Clean …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsState Comptroller DiNapoli Releases Municipal Audits
… transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … $355,000 of unrestricted fund balance to fund operations, it had operating surpluses totaling almost $416,000, causing …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Former Town Supervisor Pleads Guilty to Embezzlement of $240,000
… the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-former-town-supervisor-pleads-guilty-embezzlement-240000Submitting Your Payment – Legacy Reporting
NYSLRS employers report information about employees through Retirement Online including their earnings the number of days they worked and more
https://www.osc.ny.gov/retirement/employers/legacy-reporting/submitting-your-paymentDiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets
… The Fund reached GHG agreements with HVAC company Carrier Global Corp., pizza maker Papa John’s International Inc., … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million state and local government employees and retirees and their …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-pension-fund-reaches-agreements-companies-evaluate-and-set-greenhouse-gas-emissionsComptroller DiNapoli Releases Municipal Audits
… – Financial Management (Allegany County) The board relied on fund balance to finance part of the town’s operations, … Activities (Erie County) The supervisor relied on a certified public accounting firm to maintain town … finance yearly appropriations. The adopted budget relies on a 16 percent property tax increase to finance the general …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-2VII.2.C Direct Journal Payment & Payment Worksheet - Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… Agencies must forward all checks, money orders, etc. and a printout of the SFS Regular Deposit screen, showing … of the cash deposit and a justification as to why there is no alternative. Cash deposits received by Treasury without … printout together, or in the case of multiple checks, to fold the printout around the checks. Multiple deposits can be …
https://www.osc.ny.gov/state-agencies/chapter-vii/vii2c-direct-journal-payment-payment-worksheet-treasury-requirementsVillage of Leicester – Financial Management (2025M-7)
… interest income, real property taxes, State aid and sales tax, while the water fund is funded primarily with metered … corrective action. A written corrective action plan (CAP) that addresses the findings and recommendations in this … Law. For more information on preparing and filing your CAP, please refer to our brochure, Responding to an OSC Audit …
https://www.osc.ny.gov/local-government/audits/village/2025/05/09/village-leicester-financial-management-2025m-7Social Services Block Grant – Federal Funding and New York
… in 1981 through the Omnibus Reconciliation Act as a cost-saving tool which consolidated smaller federal and … 1.8 1.8 All Other 1.5 1.7 Subtotal $ 48.2 $ 48.5 DFTA Senior Centers and Meals $ 22.3 9.0 Subtotal $ 22.3 … Office of Management and Budget; OSC analysis Impact ACS is most dependent on SSBG funding for its preventative …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/social-services-block-grantTown of Union – Financial Condition (2016M-192)
… Purpose of Audit The objective of our audit was to evaluate the Town’s financial condition for the period … through December 31, 2015. Background The Town of Union is located in Broome County. The Town, which has approximately 55,000 residents, is governed by an elected five-member Town Board. Budgeted …
https://www.osc.ny.gov/local-government/audits/town/2016/08/12/town-union-financial-condition-2016m-192Clark Mills Fire District – Controls Over Financial Activities (2014M-315)
… Purpose of Audit The purpose of our audit was to determine if District controls to ensure … 2014. Background The District is a district corporation of the State, distinct and separate from the Town of …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/01/09/clark-mills-fire-district-controls-over-financial-activities-2014m-315Delevan Volunteer Fire Company, Inc. – Internal Controls Over Financial Operations (2013M-345)
… for receiving and maintaining custody of all Company funds. The Treasurer did not prepare a budget or cash flow … minutes. Receive and maintain custody of all Company funds. Develop a budget or cash flow document to guide annual …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/26/delevan-volunteer-fire-company-inc-internal-controls-over-financialJustice Court Fund: Invoice Billing Program
… report to determine the State, County and local shares of money reported and fees earned. When JCF has processed the … an invoice and billing statement to the CFO for the amount due the State (includes refunds paid by OSC) and County. When … billing statement, the municipality must make payment of money owed in a timely manner. When payment is made, local …
https://www.osc.ny.gov/local-government/required-reporting/justice-court-fund-invoice-billing-programSagaponack Common School District - Fund Balance Management (2018M-53)
… Recommendations Use surplus funds as a financing source for funding one-time expenditures, funding needed reserves or … property taxes. Adopt policies and implement plans for how fund balance should be managed and used. Adopt annual …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/13/sagaponack-common-school-district-fund-balance-management-2018m-53