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DiNapoli: State's Fiscal Outlook Declines

… Just a year after the Division of the Budget forecast fiscal stability and no projected budget gaps in the … outlook include declines in revenue from a weaker economic forecast, stock market volatility, and increases in recurring … identifies several risks and concerns related to DOB’s forecast and projections, including the following. Increasing …

https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declines

State Contract and Payment Actions in May

… Comptroller approved 1,326 contracts for state agencies and public authorities valued at $2.4 billion and approved more than 2.5 million payments worth nearly $15.6 billion. The office rejected 123 contracts and related transactions valued at $276.8 million and more …

https://www.osc.ny.gov/press/releases/2022/06/state-contract-and-payment-actions-may

City of Fulton – Fiscal Stress (2013M-310)

… Purpose of Audit The purpose of our audit was to review the City’s financial condition for … January 1, 2012, to May 31, 2013. Background The City of Fulton is located in Oswego County. The Common Council is … City of Fulton Fiscal Stress 2013M310 …

https://www.osc.ny.gov/local-government/audits/city/2013/11/22/city-fulton-fiscal-stress-2013m-310

State Agencies Bulletin No. 1597

… Purpose To request verification of the agency return address that will be displayed on employee Form W-2 … Immediately Agency Actions Agencies must verify the agency return address for all Department ID(s) associated with their … address is not correct, agencies must send an email to the Tax and Compliance mailbox providing the correct address …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1597-verification-agency-return-address-employee-form-w-2s-wage-and-tax

Delevan Volunteer Fire Company, Inc. – Internal Controls Over Financial Operations (2013M-345)

… of Audit The purpose of our audit was to determine whether Company controls are adequate to ensure that financial … activity is properly recorded and reported and that Company moneys are safeguarded for the period June 1, 2012 … October 4, 2013. Background The Delevan Volunteer Fire Company provides services for the Village of Delevan in …

https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/26/delevan-volunteer-fire-company-inc-internal-controls-over-financial

City of Olean – Budget Review (B1-15-2)

… the significant revenue and expenditure projections in the City’s proposed budget for the 2015-16 fiscal year are reasonable. Background The City of Olean, located in Cattaraugus County, issued debt totaling $4,300,000 to liquidate the accumulated deficit in the City’s general, water and sewer funds as of May 31, …

https://www.osc.ny.gov/local-government/audits/city/2015/03/13/city-olean-budget-review-b1-15-2

Montauk Union Free School District – Information Technology (2022M-137)

… (District) officials secured access to the network and financial application and developed an information technology … Although District officials restricted access to the financial application, they did not adequately secure access … accounts as soon as they are no longer needed. Provide periodic IT security awareness training. Develop and adopt a …

https://www.osc.ny.gov/local-government/audits/school-district/2023/01/27/montauk-union-free-school-district-information-technology-2022m-137

Oneonta City School District –Financial Condition (2013M-165)

… comprises seven elected members. The District’s general fund budgeted appropriations for the 2012-13 fiscal year were … and evaluate the current year’s budget and available fund balance and to plan for next years’ budgets. District … the District’s financial condition. Since 2010, total State aid received by the District has declined more than $1 …

https://www.osc.ny.gov/local-government/audits/school-district/2013/08/30/oneonta-city-school-district-financial-condition-2013m-165

Dobbs Ferry Union Free School District – Facilities Department Overtime (2023M-120)

… 267 building checks were performed and officials did not follow up with the employees to confirm the checks were conducted.  …

https://www.osc.ny.gov/local-government/audits/school-district/2023/12/01/dobbs-ferry-union-free-school-district-facilities-department-overtime

Jamestown City School District – Financial Condition (2015M-120)

… Develop and adopt a budget in which recurring expenditures are funded by recurring revenues, thereby reducing the …

https://www.osc.ny.gov/local-government/audits/school-district/2015/11/20/jamestown-city-school-district-financial-condition-2015m-120

Westmoreland Central School District – Financial Condition (2014M-283)

… Purpose of Audit The purpose of our audit was to examine the District’s financial activities for the period … and appropriating fund balance that was not used to fund operations, the District’s actual unrestricted fund … Each year, the annual budget included using fund balance to finance operations to keep the real property tax levies at …

https://www.osc.ny.gov/local-government/audits/school-district/2014/12/05/westmoreland-central-school-district-financial-condition-2014m-283

Town of Dresden – Financial Condition and Town Clerk Operations (2016M-369)

Town of Dresden Financial Condition and Town Clerk Operations 2016M369

https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-dresden-financial-condition-and-town-clerk-operations-2016m-369

XVI.1 Financial Reporting Overview – XVI. Financial Reporting

… Accounting Standards Board (GASB); the standard-setting body for governmental accounting and financial reporting …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi1-financial-reporting-overview

Town of Salina – Information Technology (2013M-256)

… private and sensitive information (PPSI) and sanitizing computer equipment onsite before disposal. The Board has not … Town officials do not maintain a complete and accurate computer inventory and have not developed an IT disaster …

https://www.osc.ny.gov/local-government/audits/town/2013/11/22/town-salina-information-technology-2013m-256

DiNapoli Statement on Legislation Restoring Contract Review Authority

… review is an essential and important deterrent to waste, fraud and abuse. I applaud the Legislature for taking this … oversight, accountability and transparency in state procurement. “By reviewing contracts before they are awarded, my office helps ensure the integrity of the procurement process and protects taxpayers, agencies, local …

https://www.osc.ny.gov/press/releases/2022/06/dinapoli-statement-legislation-restoring-contract-review-authority

Asset Forfeiture Escrow Fund

… or city for such monies and proceeds. This law took effect on October 9, 2019. Accounting Code To Be Used The General … of a forfeiture under Article 13-A of the CPLR . Annual Reporting Requirement GML Section 6-v requires the chief … city, at the termination of each fiscal year, to render a detailed report of the operation and condition of the asset …

https://www.osc.ny.gov/local-government/required-reporting/asset-forfeiture-escrow-fund

Cortland Enlarged City School District – Oversight of Financial Operations (2012M-230)

… determine whether the Superintendent and the Director of Business Services provided adequate fiscal oversight over … Key Findings The former Superintendent and Director of Business Services did not provide sufficient oversight over … establishes procedures for filing claims with Medicaid for support services provided to Medicaid-eligible students. …

https://www.osc.ny.gov/local-government/audits/school-district/2013/02/01/cortland-enlarged-city-school-district-oversight-financial-operations

City of Olean – Budget Review (B1-13-2)

… that have been authorized to issue obligations to fund operating deficits to submit their tentative budgets for the next fiscal year to the State Comptroller for review while the deficit obligations … equipment line items for each department in the general fund budget, rather than transferring the funds to the …

https://www.osc.ny.gov/local-government/audits/city/2013/03/20/city-olean-budget-review-b1-13-2

Town of Alexandria - Water and Sewer District Financial Condition (2019M-116)

… effectively managed the financial condition of the water and sewer districts by reasonably estimating budgets … did not effectively manage the financial condition of the water and sewer districts. We found the following: Officials … budget accurately nor raise sufficient revenues to fund water and sewer operations, which resulted in five districts …

https://www.osc.ny.gov/local-government/audits/town/2019/12/13/town-alexandria-water-and-sewer-district-financial-condition-2019m-116

Village of Nichols – Financial Condition (2013M-50)

… 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-50