Search
DiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… Year 2014 on March 31 with a value of $176.8 billion. The net growth in the value of the fund reflects earnings over …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billionCanajoharie Central School District – Financial Condition and Extra-Classroom Activity Fund (2015M-339)
… Canajoharie Central School District Financial Condition and ExtraClassroom Activity Fund 2015M339 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/01/canajoharie-central-school-district-financial-condition-and-extraHomer Central School District – Financial Condition (2013M-306)
… expenditures for the 2013-14 fiscal year are $39 million. Key Findings The Board did not ensure budget estimates were … $2.4 million more in taxes than necessary for operations. Key Recommendations Adopt budgets that include the District’s actual needs based on historical trends or other identified needs. Review all …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/homer-central-school-district-financial-condition-2013m-306Waverly Central School District – Financial Condition (2013M-148)
… 26, 2013. Background The Waverly Central School District is located in Tioga and Chemung Counties. The District is … budgeted expenditures for the 2012-13 fiscal year were $28 million. Key Findings The Board and District management … intentionally continue to collect taxes in excess of what is necessary for financing current operations in an …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/06/waverly-central-school-district-financial-condition-2013m-148Tapestry Charter School – Internal Controls Over Credit and Debit Cards (2013M-271)
… manner that complied with the policy provision prohibiting cash advances. The School has a debit card policy, which … to card use. Ensure that credit card accounts do not allow cash advances. Give strong consideration to ending the use of debit cards. If using debit cards is to …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/22/tapestry-charter-school-internal-controls-over-credit-and-debit-cardsLaurens Central School District – Budgeting and Reserves (2013M-135)
… Purpose of Audit The purpose of our audit was to review the District’s budgeting practices … in Otsego County. The District is governed by the Board of Education which comprises five elected members. The …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/laurens-central-school-district-budgeting-and-reserves-2013m-135XI.4.D Indirect Cost Allocations – XI. Procurement and Contract Management
… Indirect costs are costs for activities that benefit more than one program or … or contract, the State will reimburse grant contractors for the State's share of properly allocated indirect costs. … indirect costs will be reimbursed and the method or basis for allocation should be identified. In situations where the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4d-indirect-cost-allocationsFranklin Square Water District – Life Insurance Policies (2013M-127)
… if the Board appropriately provided individual life insurance policies to the District’s Commissioners and … has inappropriately provided individual whole life insurance policies to its Commissioners and employees. The … temporary and seasonal, will be provided with a life insurance policy that, after 10 years, will be transferred to …
https://www.osc.ny.gov/local-government/audits/district/2013/07/19/franklin-square-water-district-life-insurance-policies-2013m-127DiNapoli: Local Sales Tax Collections Up More Than 17% in November
… Statewide local sales tax collections grew by 17.5% in November compared to the same month in 2020, State Comptroller Thomas P. DiNapoli announced … the bulk of holiday spending is expected to be reflected in December collections, November collections may have …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-local-sales-tax-collections-more-17-novemberComsewogue Public Library – Cash Disbursements and Procurement (2013M-316)
… 2013. Background The Comsewogue Public Library, located in the hamlet of Port Jefferson Station in Suffolk County, is governed by a Board of Trustees which …
https://www.osc.ny.gov/local-government/audits/library/2014/01/31/comsewogue-public-library-cash-disbursements-and-procurement-2013m-316DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… for all localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the … increase also surpassed pre-pandemic levels and was up 7% (or nearly $101 million) over October of 2019. “Sales … for all localities totaled more than $15 billion up $175 million from October 2020 …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Former School District Treasurer Sentenced for Stealing Funds
… Hand was sentenced in federal court for stealing $34,000 from the Morris Central School District in Otsego County. Hand, 47, of Morris, pled guilty last September to two counts of federal program theft, for stealing from a school district that received federal funds. She was …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-former-school-district-treasurer-sentenced-stealing-fundsCapital – 2022 Financial Condition Report
… bridges, but also facilities for education, government, health, housing, environmental conservation and recreation. … spending increased from 3 percent to 3.9 percent. Mental Health, Health and Social Welfare purposes, up $508.7 million (64.1 … and bridges but also facilities for education government health housing environmental conservation and recreation …
https://www.osc.ny.gov/reports/finance/2022-fcr/capitalOther Bulletin No. 41
… in separate checks. We will communicate the results of our research once we have more information . Undeliverable …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-41-april-2018-state-university-construction-fund-scf-civilOrdinary Death Benefit – Career Plan
… may be entitled to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an … are on the payroll; While you are on an authorized medical leave of absence (with or without pay); While you are … payroll, provided your employment has not been terminated by resignation, employer action, retirement or any other …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-death-benefitCredit for Previous or Military Service – Career Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined … of your military service. To determine your eligibility and the cost, if any, please send us a copy of your …
https://www.osc.ny.gov/retirement/publications/1642/credit-previous-or-military-serviceCredit for Previous or Military Service – Police and Fire Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined the Retirement … Police and Fire Plan information for PFRS Tier 1 2 3 Article …
https://www.osc.ny.gov/retirement/publications/1512/credit-previous-or-military-serviceCredit for Previous or Military Service – New Career Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined … of your military service. To determine your eligibility and the cost, if any, please send us a copy of your …
https://www.osc.ny.gov/retirement/publications/1515/credit-previous-or-military-serviceOrdinary Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… may be entitled to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an … are on the payroll; While you are on an authorized medical leave of absence (with or without pay); While you are … payroll, provided your employment has not been terminated by resignation, employer action, retirement or any other …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-death-benefitCredit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits
… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Prior Service Prior … Service You may be able to receive credit for some or all of your military service. To determine your …
https://www.osc.ny.gov/retirement/publications/1513/credit-previous-or-military-service