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Former Village of Candor Mayor Sentenced to Jail Time for Stealing Village Funds
… that former Village of Candor Mayor Eric Halstead was sentenced to 60 days in jail for his theft of $23,000 in village funds. “Halstead was elected to serve his community but chose instead to steal … James for partnering with my office to ensure that justice was served in this case.” State Police Superintendent James …
https://www.osc.ny.gov/press/releases/2025/04/former-village-candor-mayor-sentenced-jail-time-stealing-village-fundsDiNapoli: New York on Stronger Financial Footing
… New York state ended the 2013-14 fiscal year in the strongest fiscal … streams to attain balance. “After a tough few years, New York state is in better fiscal shape thanks to an … New York state ended the 201314 fiscal year in the strongest fiscal …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingAnnual Financial Report
… Financial Statements Municipalities that maintain sub-funds will aggregate this activity into one fund. Sub-funds will no longer be reported separately. Police and Fire … 9016.8 – Fire Retirement – Employee Benefits. Enterprise funds will require the reporting of adopted budget …
https://www.osc.ny.gov/local-government/required-reporting/annual-financial-reportComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… "We want our portfolio companies to protect our investment for the long haul, and that means ensuring that their strong … I am confident that companies will find that taking a stand for what is right is also a way to protect the bottom line." The …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-worldTown of Union – Financial Condition (2016M-192)
… in Broome County. The Town, which has approximately 55,000 residents, is governed by an elected five-member Town Board. … have to pay higher rates for water to help subsidize residents with meters that only register half of their use. …
https://www.osc.ny.gov/local-government/audits/town/2016/08/12/town-union-financial-condition-2016m-192Sagaponack Common School District - Fund Balance Management (2018M-53)
… of about $360,000 (25 percent) each fiscal year. Reserve funds are overfunded by at least $35,000 and the Board has … which each will be used. Key Recommendations Use surplus funds as a financing source for funding one-time …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/13/sagaponack-common-school-district-fund-balance-management-2018m-53Delevan Volunteer Fire Company, Inc. – Internal Controls Over Financial Operations (2013M-345)
… Purpose of Audit The purpose of our audit was to determine whether Company controls are adequate to … oversight of the Company’s financial activities. There was no evidence that the Board or Company membership … not provide the Board with monthly or annual reports and was not responsible for receiving and maintaining custody of …
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
… of the report to the town or village Chief Fiscal Officer (CFO). The CFO is responsible for accounting for the payments he or she … we will send an invoice and billing statement to the CFO for the amount due the State (includes refunds paid by …
https://www.osc.ny.gov/local-government/required-reporting/justice-court-fund-invoice-billing-programPavilion Central School District – Financial Management (2017M-62)
… related costs or the circumstances under which reserve funds will be replenished. Three of the District’s six … trends or other identified analysis and use surplus funds as a financing source for funding one-time …
https://www.osc.ny.gov/local-government/audits/school-district/2017/06/23/pavilion-central-school-district-financial-management-2017m-62Smithtown Central School District – Capital Projects (2016M-202)
Smithtown Central School District Capital Projects 2016M202
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/19/smithtown-central-school-district-capital-projects-2016m-202Massena Central School District – Financial Condition (2016M-21)
… Background The Massena Central School District is located in the Village of Massena in St. Lawrence County. The District, which operates five … of June 30, 2015. District officials have not established a formal multiyear financial or capital plan to help ensure …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/massena-central-school-district-financial-condition-2016m-21Chittenango Central School District – Financial Management (2016M-294)
… review the District’s management of financial activities for the period July 1, 2014 through February 29, 2016. … Board of Education. Budgeted general fund appropriations for the 2015-16 fiscal year were approximately $37 million. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/30/chittenango-central-school-district-financial-management-2016m-294Brentwood Union Free School District – Fund Balance and Hiring Practices (2016M-251)
… July 1, 2014 through October 31, 2015. Background The Brentwood Union Free School District is located in the Town of Islip, Suffolk … Brentwood Union Free School District Fund Balance and Hiring Practices 2016M251 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/22/brentwood-union-free-school-district-fund-balance-and-hiring-practicesSilver Creek Central School District – Financial Management (2022M-153)
… agreed with our findings and recommendations, except for certain issues. Appendix B includes our comment on issues …
https://www.osc.ny.gov/local-government/audits/school-district/2023/01/06/silver-creek-central-school-district-financial-management-2022m-153Schoharie Central School District – Financial Condition (2013M-263)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the … available fund balance at the close of fiscal year 2012-13 was $2.1 million, or 10 percent of the 2013-14 budget. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/13/schoharie-central-school-district-financial-condition-2013m-263Goshen Central School District – Financial Condition (2017M-46)
… not adopted a plan that addresses accumulating and using reserve funds. The tax certiorari reserve was overfunded by approximately $2.1 million (25 … will not be used to fund operations. Develop a written reserve fund policy that indicates the amount of funds to be …
https://www.osc.ny.gov/local-government/audits/school-district/2017/06/02/goshen-central-school-district-financial-condition-2017m-46Erie 1 Board of Cooperative Educational Services – Special Aid Fund (2016M-188)
… evaluate the financial activity in BOCES’ special aid fund for the period July 1, 2013 through February 29, 2016. … elected by the boards of the component districts. For the 2014-15 fiscal year, reported expenditures from the special aid fund, which is used to account for and report programs supported in whole or in part by …
https://www.osc.ny.gov/local-government/audits/boces/2016/11/04/erie-1-board-cooperative-educational-services-special-aid-fund-2016m-188Freeport Union Free School District – Financial Condition (2016M-300)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial condition for the … Key Findings The District’s unrestricted fund balance was as much as 12 percent of the ensuing year’s budget, or …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/09/freeport-union-free-school-district-financial-condition-2016m-300Odessa-Montour Central School District – Financial Condition (2016M-71)
… The Odessa-Montour Central School District is located in the Towns of Catherine, Cayuta, Dix, Hector and Montour in Schuyler County; the Towns of Van Etten and Veteran in … exceeded the statutory limit. The District does not have a policy or formal plan for its six reserves. The District …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/odessa-montour-central-school-district-financial-condition-2016m-71DiNapoli: State Pension Fund Valued at $246.3 Billion at End of Second Quarter
… value of the New York State Common Retirement Fund (Fund) was $246.3 billion at the end of the second quarter of State … billion paid out during the quarter. Its audited value was $248.5 billion as of March 31, 2023, the end of last … value of the New York State Common Retirement Fund Fund was $2463 billion at the end of the second quarter of State …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-pension-fund-valued-246-point-3-billion-end-second-quarter