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Canastota Central School District - Financial Condition Management (2019M-174)
… $7.1 million from 2015-16 through 2017-18, which resulted in most of the appropriated fund balance not being needed to … that are valid and supported. Return excess funds in the tax certiorari reserve to the unrestricted fund balance in the general fund in accordance with the law. District …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/08/canastota-central-school-district-financial-condition-management-2019mVillage of Hastings-on-Hudson - Board Oversight (2018M-92)
… approximately $559,311. Grant annual vacation leave in accordance with its policy. As a result, 14 current … 2017 by 4,510 hours with an estimated value of $213,058. In addition, sensitive information technology (IT) control … action. Appendix B includes our comments on issues raised in the Village’s response letter. …
https://www.osc.ny.gov/local-government/audits/village/2018/10/26/village-hastings-hudson-board-oversight-2018m-92School District Physical Education Compliance (2018-MS-3)
… report - pdf] We also issued 10 letter reports in the School Districts of: Baldwinsville Central , Binghamton City … Union Free . Audit Objective To determine whether the 10 school districts that we audited provide physical education … To determine whether the 10 school districts that we audited provide PE classes …
https://www.osc.ny.gov/local-government/audits/school-district/2018/09/12/school-district-physical-education-compliance-2018-ms-3Town of Brownville Joint Fire District - Board Oversight (2018M-207)
… Determine whether the Board provided adequate oversight of District financial operations. Key Findings We tested 75 of 480 disbursements made during our audit period, totaling … The Board did not contract for an independent audit of its 2017 records as required by law. Certain Treasury …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/01/25/town-brownville-joint-fire-district-board-oversight-2018m-207Town of Frankfort - Board Oversight (2018M-58)
… totaling $36,380 that did not contain adequate support. In addition, one employee was overpaid $1,100 and detailed … time records were not maintained to support $1,922 in hourly wages paid to another employee. The Board did not … benefits averaging $183,000 annually for elected officials in 2016 and 2017. Key Recommendations Segregate the …
https://www.osc.ny.gov/local-government/audits/town/2018/06/08/town-frankfort-board-oversight-2018m-58Town of Preston - Financial Management (2018M-81)
… Adopt budgets that include realistic estimates for revenues and expenditures. Develop and adopt a fund …
https://www.osc.ny.gov/local-government/audits/town/2018/07/13/town-preston-financial-management-2018m-81Madison County - Claims Audit and Payment Process (2019M-142)
… claims totaling $1.3 million were paid without Board approval. The Treasurer did not control the check signing … sufficient detail and supporting documentation prior to approval. Ensure the Treasurer controls her signature when it …
https://www.osc.ny.gov/local-government/audits/county/2020/01/17/madison-county-claims-audit-and-payment-process-2019m-142State Comptroller Thomas P. DiNapoli Statement on MTA's Release of Its 2025-2029 Capital Program
… underscore the importance of the work to the MTA’s funding partners as they examine the proposal. “The proposal also … more information about what steps the authority’s funding partners might take to help bridge that funding gap.” Recent …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-thomas-p-dinapoli-statement-mtas-release-its-2025-2029-capital-programCUNY Bulletin No. CU-439
… of Employee Benefits has requested OSC to adjust pre-tax and post-tax transit benefits so as not to exceed 2012 … Transit Benefit (code 438) deduction amount to $62.50 for those employees whose Pre-Tax Transit Benefit deduction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-439-2012-cuny-pre-tax-transit-rate-changesState Agencies Bulletin No. 693
… Deposit Advice statements no longer will be the Office of the State Comptroller name and address. The return address will be the employee’s … Direct Deposit Advice statements currently prints: "State of New York, Office of the State Comptroller, Albany, New …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/693-agency-return-address-direct-deposit-advice-statementsAudits of Local Governments: About Our Audits
… control Compliance Prospective analyses Learn more about our Audit Process . External Peer Review of LGSA To … Audits of Local Governments About Our Audits …
https://www.osc.ny.gov/local-government/audits/audits-local-governments-about-our-auditsRetiring with an Outstanding Loan – Special 20- and 25-Year Plans
… you retire with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You … The loan application and Retirement Online provide examples of how much your reduction would be. Tier 5 and 6 … of retirement (service or disability). Benefit Reduction Examples Here are examples of how your service retirement …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanOpinion 91-47
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … FEES -- Court Fees (filing of an objection to the issuance of letters testamentary) SURROGATE'S COURT PROCEDURE ACT, … fee to be charged by a Surrogates Court upon the filing of an objection to the issuance of letters testamentary …
https://www.osc.ny.gov/legal-opinions/opinion-91-47Opinion 91-18
… Relationships (spouse of town supervisor serving as his or her bookkeeper or confidential secretary) GENERAL MUNICIPAL … conflict of interest if a supervisor appoints his or her spouse to the position of confidential secretary or … or employee has an interest in any contract with his or her municipality if he or she receives a direct or indirect …
https://www.osc.ny.gov/legal-opinions/opinion-91-18NY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… (Fund) will restrict its investments in eight integrated oil and gas companies, including Exxon Mobil Corp., after a … announced today. The evaluation of the Fund’s integrated oil and gas holdings is part of DiNapoli’s broader review of … managed public equity holdings in eight integrated oil and gas companies that it has determined are not …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investState Comptroller DiNapoli Releases Municipal & School Audits
… receipts. City of Yonkers – Separation Payments and Health Insurance Buyouts of Yonkers City School District Employees … is required by the county’s purchase card policy, 238 online purchases totaling $189,852 did not have supporting … the county’s procurement policy required verbal or written quotes, 52 charges totaling $142,684 did not have evidence of …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-municipal-school-auditsFormer Fire Co. Treasurer Admits Stealing $24K
… by State Comptroller Thomas P. DiNapoli exposed her crimes. DiNapoli’s office partnered with Ontario County … Central New York and Las Vegas. "Ms. Wharton betrayed her neighbors and exploited her fire company for nearly two years," DiNapoli said. … by State Comptroller Thomas P DiNapoli exposed her crimes …
https://www.osc.ny.gov/press/releases/2019/02/former-fire-co-treasurer-admits-stealing-24kComptroller DiNapoli Visits Holocaust Memorial and Tolerance Center
… in Germany during the events of Kristallnacht (“The Night of the Broken Glass”) to the Center’s library. The book, titled “Pogrom Night 1938,” was presented on behalf of Malcolm Hoenlein, … in Germany during the events of Kristallnacht The Night of the Broken Glass to the Centers library …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-visits-holocaust-memorial-and-tolerance-centerDiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… 30, 2024, Fund investments returned an estimated 1.38%. “Stock market volatility underlines the continued economic … real estate and real assets (13.14%) and credit, absolute return strategies, and opportunistic alternatives (7.76%). The Fund’s long-term expected rate of return is 5.9%. DiNapoli initiated quarterly performance …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterDiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… growth has continued this year, bolstering markets in the second quarter,” DiNapoli said. “Our diverse portfolio … As of Sept. 30, the Fund had 42.01% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (22.22%), private equity …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarter