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Opinion 96-22
… This opinion represents the views of the Office of the State Comptroller at the time … that there may be paid into the fund "such amounts as may be provided therefor by budgetary appropriation, …
https://www.osc.ny.gov/legal-opinions/opinion-96-22Annual 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-reportDiNapoli: Former Long Island School Official Pleads Guilty in Kickback Scheme
… P. DiNapoli announced that earlier today, Sharon Gardner, the former Director of Food Services for the Hempstead Union Free School District (“HUFSD”), pleaded … in connection with her participation in a kickback scheme. The announcement was made jointly with United States Attorney …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-former-long-island-school-official-pleads-guilty-kickback-schemeNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee Retirement Income Security Act to consider … undo a US Labor Department rule that allows managers of retirement funds that are subject to the Employee Retirement …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… of the statutory rate it pays to Starting Point. The full audit can be found at …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesAwarding and Oversight of Statewide Interoperable Communications Grants
… progress toward statewide interoperability. The Division does not have procedures in place to conduct regular site … purposes. The reimbursement voucher approval process does not have a mechanism in place to trigger closer scrutiny … for grant extension requests is not clearly stated, nor does it strictly enforce its documentation requirements. Key …
https://www.osc.ny.gov/state-agencies/audits/2017/07/18/awarding-and-oversight-statewide-interoperable-communications-grantsState Comptroller DiNapoli Releases School District Audits
… $1.9 million. Officials could not demonstrate the balances in the four remaining reserves, totaling approximately … $800,000, were needed or reasonable and did not adopt a written reserve fund policy. Ogdensburg City School … services provided totaling $65,254, which resulted in the district not realizing $32,627 in revenue. The …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-0NYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… pre-industrial times. Although the United States is not a party to the Paris Climate Agreement, stakeholders continue …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… year, for the past seven years, we’ve been able to lower pension contribution rates or essentially keep them flat,” … management and a diverse portfolio we have kept the state pension fund strong and one of the best funded in the nation. The …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredComptroller DiNapoli Releases Municipal Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued. Islip Fire District – Financial Condition (Suffolk County) The board did not effectively monitor expenditures and fund balance. As a result, the unrestricted fund balance deficit increased to as much as …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Ends Third Quarter of State Fiscal Year on Solid Financial Footing
… Tax receipts for the first nine months of State Fiscal Year (SFY) 2021-22 continue to exceed … $84.4 billion. This amount is significantly higher than the most recent forecast by the Division of the Budget … Tax receipts for the first nine months of State Fiscal Year SFY 202122 …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-state-ends-third-quarter-state-fiscal-year-solid-financial-footingDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… transfer of $4.6 million was made to help cover trust fund expenses. By SFY 2020-21, that amount had risen to $786 …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… businesses. The corporation receives state and federal funds and allocates them to participating entities. Major … supported. EFC uses these resources along with state funds to provide subsidized loans and grants to … of assisting local governments in accessing revolving funds and grant resources by streamlining application …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterIX.8.A Accounting for Federal Refunds – IX. Federal Grants
… AP as an adjustment voucher regardless of whether the grant award is open or closed with the federal agency or … on whether a different appropriation was used for the same grant or whether the federal agency allows a different grant to receive the refund. Often a federal agency will …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsXI.12.D Closing Contracts – XI. Procurement and Contract Management
… may free up remaining pre-encumbered funds, prior to OSC closing the contract, by reducing contract lines to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsGrahamsville Fire District – Internal Controls Over Financial Operations (2013M-117)
… However, the District has not formally established reserve funds. Key Recommendations Develop accurate budgets that … that benefits District taxpayers. Ensure that reserve funds are established, funded and used in accordance with all …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/09/grahamsville-fire-district-internal-controls-over-financial-operationsBallston Area Recreation Commission – Board Oversight (2015M-269)
… January 1, 2012 through April 30, 2015. Background The Ballston Area Recreation Commission is a joint activity … to children residing in the Towns of Milton, Malta and Ballston, the Village of Ballston Spa and the Ballston Spa Central School District, in … Ballston Area Recreation Commission Board Oversight 2015M269 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/05/ballston-area-recreation-commission-board-oversight-2015m-269Salamanca City School District – Financial Management and Payroll (2017M-138)
… Background The Salamanca City School District is located in the City of Salamanca and the Towns of Carrollton, Great Valley, Little Valley, Napoli and Salamanca in Cattaraugus County. The District is governed by an elected … by law) or to other reserves established and maintained in compliance with relevant statutes. Develop and adopt …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/30/salamanca-city-school-district-financial-management-and-payroll-2017m-138Warsaw Central School District – Financial Management (2016M-278)
… Purpose of Audit The purpose of our audit was to review the District’s financial … 2010-11 for related debt principal and interest payments, as statutorily required. Key Recommendations Develop annual …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/16/warsaw-central-school-district-financial-management-2016m-278Port Chester-Rye Union Free School District – Financial Condition (2015M-147)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition … reserve funds. Include planned transfers to reserves as appropriations in the budget for transparency. …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/25/port-chester-rye-union-free-school-district-financial-condition-2015m-147