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DiNapoli: Former School District Treasurer Sentenced for Stealing Funds
… Thomas P. DiNapoli announced Kristina Hand was sentenced in federal court for stealing $34,000 from the Morris Central School District in Otsego County. Hand, 47, of Morris, pled guilty last … of community service. Hand was also ordered to pay $34,000 in restitution. “Ms. Hand took advantage of her position as …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-former-school-district-treasurer-sentenced-stealing-fundsYour Pension Pay Stub
… Your monthly Pension Pay Stub is available in Retirement Online and provides a … your payment. And throughout the year, you can view your pay stubs for year-to-date totals of each. View Your Pension Pay Stub in Retirement Online Sign in to Retirement Online . …
https://www.osc.ny.gov/retirement/retirees/your-pension-pay-stubCapital – 2022 Financial Condition Report
… A robust, efficiently managed capital investment program can … accounted for 56 percent of all capital projects spending in SFY 2021-22, up from 49.4 percent five years earlier. The … the end of SFY 2021-22, the State reported $112.2 billion in capital assets, an increase of $1.2 billion (1.1 percent) …
https://www.osc.ny.gov/reports/finance/2022-fcr/capitalDutchess County Industrial Development Agency – Management Practices (2013M-251)
… Purpose of Audit The purpose of our audit was to evaluate the Dutchess County Industrial … a recapture clause and invoke the recapture provision, as appropriate, if a recipient does not meet performance …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/03/04/dutchess-county-industrial-development-agency-managementSlaterville Springs Fire District – Internal Controls Over Financial Operations (2013M-315)
… recorded and reported to safeguard District moneys for the period January 1, 2012 through September 18, 2013. … The District’s general fund budget totaled $90,940 for the 2013 fiscal year. Key Findings The Board did not … some controls, some key components were lacking. For example, the Board did not review the Treasurer’s monthly …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/24/slaterville-springs-fire-district-internal-controls-over-financialAfton Fire District – Internal Controls Over Financial Operations (2013M-248)
… Purpose of Audit The purpose of our audit was to determine whether District … year, the 2011 and 2012 records had not been reviewed as of July 31, 2013. Key Recommendations Adopt investment and …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/afton-fire-district-internal-controls-over-financial-operations-2013m-248Franklin County – Fiscal Stress (2013M-252)
… balanced, instead the Legislature routinely relied on appropriating significant amounts of fund balance and … debt in the form of a tax anticipation note for $4 million on May 31, 2013. Key Recommendations Adopt budgets for the … needs, provide sufficient cash flow, and avoid reliance on short-term borrowing. …
https://www.osc.ny.gov/local-government/audits/county/2013/10/04/franklin-county-fiscal-stress-2013m-252St. Lawrence County – Financial Condition (2013M-46)
… Purpose of Audit The purpose of our audit was to examine the County’s financial condition … comprising 15 elected members, one of whom serves as the Chair. The County’s budgeted expenditures for fiscal …
https://www.osc.ny.gov/local-government/audits/county/2013/05/02/st-lawrence-county-financial-condition-2013m-46Laurens Central School District – Budgeting and Reserves (2013M-135)
… Purpose of Audit The purpose of our audit was to review the District’s budgeting practices and reserves for the period July 1, 2011, to March 7, 2013. Background The Laurens School District is …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/laurens-central-school-district-budgeting-and-reserves-2013m-135Canajoharie Central School District – Financial Condition and Extra-Classroom Activity Fund (2015M-339)
… The Canajoharie Central School District is located in the Towns of Canajoharie, Charleston, Minden, Mohawk, Palatine and Root in Montgomery County and the Towns of Carlisle and Sharon in Schoharie County. The District, which operates three schools with approximately 985 students, is governed by …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/01/canajoharie-central-school-district-financial-condition-and-extraComsewogue Public Library – Cash Disbursements and Procurement (2013M-316)
… 2013. Background The Comsewogue Public Library, located in the hamlet of Port Jefferson Station in Suffolk County, is governed by a Board of Trustees which …
https://www.osc.ny.gov/local-government/audits/library/2014/01/31/comsewogue-public-library-cash-disbursements-and-procurement-2013m-316Waverly Central School District – Financial Condition (2013M-148)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period of July 1, …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/06/waverly-central-school-district-financial-condition-2013m-148Tapestry Charter School – Internal Controls Over Credit and Debit Cards (2013M-271)
… additional controls should be considered. The policy does not define how many credit card accounts may be … address to whom the cards may be issued. The policy also does not define credit limits. We also found that the School …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/22/tapestry-charter-school-internal-controls-over-credit-and-debit-cardsHomer Central School District – Financial Condition (2013M-306)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period … as a financing sources, the District did not actually use the surplus funds or all of the budgeted reserve fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/homer-central-school-district-financial-condition-2013m-306Franklin Square Water District – Life Insurance Policies (2013M-127)
… Purpose of Audit The purpose of our audit was to determine if the Board appropriately … these policies had a cash surrender value of $155,717 as of December 31, 2012. In addition to individual life …
https://www.osc.ny.gov/local-government/audits/district/2013/07/19/franklin-square-water-district-life-insurance-policies-2013m-127DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Thomas P. DiNapoli announced today. Collections for all localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the trend that began … 2020. Nearly every county saw year-over-year collections for October grow by double digits, with Monroe County having …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections Up More Than 17% in November
… Statewide local sales tax collections grew by 17.5% in November compared to the same month in 2020, State Comptroller Thomas P. DiNapoli announced … the bulk of holiday spending is expected to be reflected in December collections, November collections may have …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-local-sales-tax-collections-more-17-novemberDiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… the state’s Fiscal Year 2014 on March 31 with a value of $176.8 billion. The net growth in the value of the fund reflects earnings over the quarter, offset by … in order to protect and preserve the retirement security of New York’s public workforce, but our investment staff also …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billionCredit for Previous or Military Service – State University Police Plan
… service may be re-credited and your date of membership and tier restored. However, an earlier tier of membership does not always result in a better … us with any questions you may have. For reinstatement to Tier 1, Tier 2 or to an earlier membership date within Tier …
https://www.osc.ny.gov/retirement/publications/1823/credit-previous-or-military-serviceConclusion – Improving the Effectiveness of Your Claims Auditing Process
… The claims auditing process is known as a "super control" because, when conducted effectively, it can identify claims that have violated or bypassed purchasing … manner. When a local government or school district has a strong claims auditing process, the control …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/conclusion