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State Comptroller Thomas P. DiNapoli Statement on Executive Budget
… New York State Comptroller Thomas P. DiNapoli released the following statement on Governor Hochul’s Executive Budget proposal: “Governor Hochul introduced her … budget decisions also improve the state’s structural balance. “I remain concerned about the state’s debt burden, …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-thomas-p-dinapoli-statement-executive-budgetDiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… and real assets (13.39%) and credit, absolute return strategies, and opportunistic alternatives (6.33%). The …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarterMontauk Union Free School District – Information Technology (2022M-137)
… to officials, we found: Twenty-five percent, or 140, of the District’s network user accounts were not needed. Two …
https://www.osc.ny.gov/local-government/audits/school-district/2023/01/27/montauk-union-free-school-district-information-technology-2022m-137Partial Lump Sum Payment at Retirement – Divorce and Your Benefits
… payment of their monthly benefit. Read about eligibility and how a PLS is calculated on our Partial Lump Sum Payment … addresses the PLS, NYSLRS will review the terms of the DRO and comply with the Order. If the DRO does not address the … the member will receive the PLS distribution at retirement and only their portion will be reduced by the PLS election. …
https://www.osc.ny.gov/retirement/members/divorce/partial-lump-sum-payment-retirementChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… Dependency Program Payments to Selected Contractors in NYC 2007S60 …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followChenango Valley Central School District – Budget Review (B4-13-11)
… review was to determine whether the significant revenue and expenditure projections in the District’s tentative … the accumulated deficit in the District’s general fund and school lunch fund as of June 30, 2008. Local Finance Law … review, in general, we found that the significant revenue and expenditure projections in the proposed budget are …
https://www.osc.ny.gov/local-government/audits/school-district/2013/04/19/chenango-valley-central-school-district-budget-review-b4-13-11Village of Nichols – Financial Condition (2013M-50)
… the Village’s financial condition for the period June 1, 2011, to February 1, 2013. Background The Village of Nichols is located in the … five years totaling approximately $120,500, of which $50,064 was Federal and State aid for the reimbursement of …
https://www.osc.ny.gov/local-government/audits/village/2013/06/07/village-nichols-financial-condition-2013m-50Operational Advisory No. 31
… State Comptroller (OSC) removed agency dollar thresholds and streamlined the GLJE workflow process. Once a GLJE passes through Agency Approval and Budget Check, it runs against the Bureau of State … the transaction has been: Auto Approved (Generic GL User) and posted during the next batch process, Routed to OSC BSAO …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/31-general-ledger-journal-entries-workflow-changeDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… 2023, amid uncertainty in the city's economic recovery and its impact on city property taxes, the largest source of city revenues. “Commercial and industrial properties' (Class IV) market values, the … city’s total overall market values to grow by nearly 8.2% and exceed pre-pandemic levels. “The city currently projects …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleCortland Enlarged City School District – Oversight of Financial Operations (2012M-230)
… of our audit was to determine whether the Superintendent and the Director of Business Services provided adequate … City School District is located in the City of Cortland and five towns in Cortland County. The District is governed … were $45.1 million. Key Findings The former Superintendent and Director of Business Services did not provide sufficient …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operationsXIII.2.D Expense Report Payment – XIII. Employee Expense Reimbursement
… SECTION OVERVIEW AND POLICIES Employees may receive payment for expenses … periodic guidance to payroll officers on the establishment and maintenance of payment information. When employees are … must ensure that the appropriate employee information and chart of account information is used on the expense …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii2d-expense-report-paymentCohoes Housing Authority – Internal Controls Over Payroll (2013M-373)
… The purpose of our audit was to assess the Authority’s payroll process for the period October 1, 2012 through … and accounting for leave accruals. The timekeeping system the Authority used did not allow for accurate tracking …
https://www.osc.ny.gov/local-government/audits/city/2014/03/07/cohoes-housing-authority-internal-controls-over-payroll-2013m-373Town of Lewiston – Town Management of Joseph Davis State Park (2014M-162)
… The Town of Lewiston is located in Niagara County and has a population of approximately 16,250. The Town, which … entered into an agreement with the State to operate and maintain the Joseph Davis State Park. The Town’s budgeted … proposed improvements to the Park were properly evaluated and authorized prior to committing Town funds. The Town did …
https://www.osc.ny.gov/local-government/audits/town/2015/02/27/town-lewiston-town-management-joseph-davis-state-park-2014m-162State Comptroller DiNapoli Releases School District Audits
… School District – Professional Services (Madison County and Onondaga County) District officials appropriately sought … agreements with 18 of 19 professional service providers and payments were made in accordance with the terms of the … were not maximized. District officials did not develop and manage a comprehensive investment program or comply with …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-school-district-audits-1Rensselaer City School District – Financial Condition (2016M-286)
… in operating deficits that were larger than planned and declining general fund and reserve fund balances. District officials transferred … Board has not developed comprehensive multiyear financial and capital plans to assist in addressing future needs. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/28/rensselaer-city-school-district-financial-condition-2016m-286Valley Stream Thirteen Union Free School District – Purchasing (2016M-204)
… the procedures used by the District to purchase goods and services that are subject to competitive bidding and quotes for the period July 1, 2014 through December 31, … for textbooks. District officials did not follow policy and use competitive quotes to procure goods and services from …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/05/valley-stream-thirteen-union-free-school-district-purchasing-2016m-204Batavia City School District – Financial Condition (2016M-160)
… our audit was to review the District’s financial condition and budgeting practices for the period July 1, 2012 through … City School District is located in the City of Batavia and the Towns of Batavia and Stafford in Genesee County. The District, which operates …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/batavia-city-school-district-financial-condition-2016m-160Fonda-Fultonville Central School District – Payroll (2015M-118)
… of Amsterdam, Charleston, Florida, Glen, Mohawk, Palatine and Root in Montgomery County; the Towns of Carlisle and Esperance in Schoharie County; and the City of Johnstown and the Town of Johnstown in Fulton …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/04/fonda-fultonville-central-school-district-payroll-2015m-118Massena Central School District – Financial Condition (2016M-21)
… benefits accrued liability reserve by about $7.1 million and the tax certiorari reserve by about $1.5 million as of … compliance with the statutory limits. Review current EBALR and determine whether it is necessary and funded at appropriate levels; review and estimate the …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/massena-central-school-district-financial-condition-2016m-21Goshen Central School District – Financial Condition (2017M-46)
… 2,900 students. Budgeted appropriations for the 2016-17 fiscal year total approximately $67 million. Key Findings In … years 2011-12 through 2015-16, the Board appropriated fund balance totaling $4.9 million to fund operations, of … not adopted a plan that addresses accumulating and using reserve funds. The tax certiorari reserve was overfunded by …
https://www.osc.ny.gov/local-government/audits/school-district/2017/06/02/goshen-central-school-district-financial-condition-2017m-46