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Opinion 95-18
… opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion may no …
https://www.osc.ny.gov/legal-opinions/opinion-95-18DiNapoli: External Risks Threaten NYC Budget
… happen. It is likely that the city would lose $305 million annually beginning in FY 2018 if a provision in the ACA that … difficult times. The general reserve stands at $1 billion annually beginning in FY 2018, and the city has set aside $250 million annually in its Capital Stabilization Reserve. It has also …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budgetState Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued: Town of Coventry – Town Clerk/Tax Collector (Chenango County) The … for and submitted to the town board. Town of Owego – Water Fund Operations (Tioga County) Town officials did not … $70,000 of lost revenue for the town. All 51 water bill adjustments reviewed, totaling $233,400, were not …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-municipal-auditsDebt – 2021 Financial Condition Report
… assets and grants. New York State Ranks Second Highest in Outstanding Debt Nationwide At the end of SFY 2020-21, the … authorized the issuance of up to $5 billion in borrowings for State cash flow relief, consisting of a $2 billion line … next five years, declining to $4 billion in SFY 2025-26. For the second year in a row, the SFY 2021-22 Enacted Budget …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtThe Changing Face of Post-Pandemic New York City
… and after the COVID-19 pandemic are changing the face of New York City and highlight significant policy implications … 9.2% and 7.8% growth respectively, with the population in all five boroughs increasing overall more than it did in the …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityOpinion 88-71
… or statutory amendments that bear on the issues discussed in the opinion. CITIES -- Powers and Duties (waiver of … arising from nonpayment of water rents to compromise a claim) CLAIMS -- Compromise or Settlement of (waiver of … arising from a property owner's nonpayment of water rents in the context of compromising a claim asserted by the …
https://www.osc.ny.gov/legal-opinions/opinion-88-71Opinion 88-9
… TOWN LAW, §§202-b, 215[5], 216: A town board may delegate to a separate board of commissioners of a water district … governed by article 13 of the Town Law the authority to purchase real property in connection with an increase or improvement of facilities. Prior to such delegation, the town board must call and conduct a …
https://www.osc.ny.gov/legal-opinions/opinion-88-9DiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
… of Homeland Security and Emergency Services (DHSES) can do more to protect the state’s water systems from attacks and the … In recent years, water systems around the country have been shown to be vulnerable to cyberattacks and physical …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disastersArkville Fire District – Internal Controls Over Financial Activities (2015M-65)
Arkville Fire District Internal Controls Over Financial Activities 2015M65
https://www.osc.ny.gov/local-government/audits/fire-district/2015/07/03/arkville-fire-district-internal-controls-over-financial-activities-2015m-65Vestal Fire Department – Financial Activities (2014M-265)
… for payment. Key Recommendations Ensure that officers are following recordkeeping and financial requirements. … adequate support and issue checks only after disbursements are authorized. … Vestal Fire Department Financial Activities …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/12/24/vestal-fire-department-financial-activities-2014m-265What is the Real Property Tax Cap?
… the New York State Comptroller (OSC) play important roles in the process. Local governments, libraries, schools (except … at least a 60 percent vote to override the Tax Cap. Voters in school districts can override the cap with a 60% vote. The …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capRaquette Lake Fire District No. 3 –Internal Controls (2013M-379)
… with the Office of the State Comptroller within 60 days after the close of the fiscal year. … Raquette Lake Fire …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/03/12/raquette-lake-fire-district-no-3-internal-controls-2013m-379Minetto Volunteer Fire Company – Misappropriation of Funds and Records and Reports (2014M-222)
… audit was to evaluate the Company’s financial operations for the period January 1, 2012 through December 31, 2013. … approximately 25 active members. Budgeted appropriations for the 2013 fiscal year totaled $128,000. Key Findings We …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/12/19/minetto-volunteer-fire-company-misappropriation-funds-and-records-andHamlin Fire Department – Internal Controls Over Financial Activity (2015M-13)
… Purpose of Audit The purpose of our audit was to determine whether the Board provided adequate oversight of the Department’s financial operations to ensure that …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/05/29/hamlin-fire-department-internal-controls-over-financialConesus No. 1 Fire District – Internal Controls (2014M-46)
… 2014 budget totaled $132,602, funded through real property tax revenue. Key Findings Although the Board has adopted a …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/05/16/conesus-no-1-fire-district-internal-controls-2014m-46Cleveland Hill Union Free School District – Financial Management (2017M-235)
… to review the District’s financial management practices for the period July 1, 2013 through July 12, 2017. Background The Cleveland Hill Union Free School District is located in the Town of Cheektowaga in Erie County. The … operates three schools with approximately 1,250 students, is governed by an elected five-member Board of Education. …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/02/cleveland-hill-union-free-school-district-financial-management-2017m-235Onondaga Central School District - Financial Condition Management and Fuel Records (2018M-181)
… the District experienced unplanned operating surpluses in two of the three completed fiscal years reviewed. During …
https://www.osc.ny.gov/local-government/audits/school-district/2018/12/07/onondaga-central-school-district-financial-condition-management-and-fuelBrewster-Southeast Joint Fire District - Recordkeeping and Procurement (2018M-86)
… Key Findings Accounting records were not accurate as of December 31, 2017. Cash accounts were incorrectly recorded, the operating bank account balance was understated by more than $377,000 and the capital reserve balance was overstated by $200,790. In …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/08/03/brewster-southeast-joint-fire-district-recordkeeping-and-procurement-2018mCity of Albany Industrial Development Agency - Project Approval and Monitoring (2018M-65)
… Directors (Board) approved projects that provide for net tax exemptions with appropriate and measurable goals. …
https://www.osc.ny.gov/local-government/audits/city/2018/09/21/city-albany-industrial-development-agency-project-approval-and-monitoring-2018m-65Forensic Audit of Select Payroll and Overtime Practices and Related Transactions (Follow-Up)
… of implementation of the six recommendations included in our initial report, Forensic Audit of Select Payroll and … determined that these practices cost Metro-North $991,208 in overtime and $216,128 n regular pay, and enriched certain staff and supervisors. In addition these payments will inflate future pension …
https://www.osc.ny.gov/state-agencies/audits/2016/03/18/forensic-audit-select-payroll-and-overtime-practices-and-related-transactions-follow