Search
XIV.13.A Overview – XIV. Special Procedures
… a General Ledger Journal Entry (Journal ID beginning in 'LP') to reclassify the charge from the clearing account …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv13a-overviewDiNapoli: School District Tax Levy Cap at 2% for Third Straight Year
… governments (excluding New York City) and school districts in 2012, limits annual tax levy increases to the lesser of …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearDiNapoli Reaffirms Commitment to DEI Initiatives
… to establish robust DEI policies and practices can result in reputational damage, the loss of talent, and stunted … to more informed decision-making and a competitive edge in an evolving global marketplace. To that end, DiNapoli is filing shareholder resolutions and engaging companies on a host of DEI issues, including discrimination and …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesDownsville Fire District – Procurement and Claims Audit (2022M-130)
… whether the Downsville Fire District’s (District) Board of Fire Commissioners (Board) ensured that goods and services … and that all claims were approved prior to payment. None of the 18 purchases of goods and services tested, totaling $58,117 (11 percent), …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/12/30/downsville-fire-district-procurement-and-claims-audit-2022m-130XII.5.F Payment Dates and Terms Overview – XII. Expenditures
… the bulkload file; or If the Merchandise/Invoice Received (MIR) Date is equal to the Invoice Received Date, an agency … The SFS will populate the Invoice Received Date with the MIR date from the bulkload transaction for vendors classified … Suppliers. Please see Section 5.F – Adjusting the MIR Date of this Chapter for additional guidance on the MIR …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5f-payment-dates-and-terms-overviewEfforts to Collect Delinquent Taxes
… Objective To determine if the Department of Taxation and Finance … adequate efforts, in accordance with Department policy, to collect unpaid amounts—including taxes, interest, …
https://www.osc.ny.gov/state-agencies/audits/2021/08/24/efforts-collect-delinquent-taxesGuide to Financial Operations
… The New York State Guide to Financial Operations (GFO) acts as a reference source for … statewide accounting policies, procedures and the Office of the State Comptroller (OSC) related-mandates for use by … financial management systems where applicable. Subscribe to GFO Updates … The New York State Guide to Financial …
https://www.osc.ny.gov/state-agencies/gfoI.1 Introduction to the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… transactions as well as links to core SFS documentation on the SFS Coach site at https://www.sfs.ny.gov/secure/ . In this regard, the GFO serves as a single source for agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i1-introduction-guide-financial-operationsDiNapoli Releases Bond Calendar for Fourth Quarter
… scheduled for December at this time. The anticipated sales in the fourth quarter compare to past planned sales of $5.06 … is released by the committee to assist participants in the municipal bond market. It is contingent upon execution … spending, the state's 180,000 contracts, billions in state payments and public authority data. Visit the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-releases-bond-calendar-fourth-quarterNew York State Comptroller DiNapoli Statement on New Shareholder Rule
… the Securities and Exchange Commission’s (SEC) final vote on a shareholder rule: “Today's action by the SEC will … racial discrimination. “Shareholder proposals can result in corporate reforms that can create significant value for … shareholders. While many corporations are tempted to focus on short-term profits, shareholder proposals, including those …
https://www.osc.ny.gov/press/releases/2020/09/new-york-state-comptroller-dinapoli-statement-new-shareholder-ruleControls Over Revocable Consents
… all structures requiring a revocable consent have one in place. Our audit covered the period from July 1, 2016 … the right to construct and maintain certain structures on, over, or under New York City streets and sidewalks. To … rate. Fees charged are assessed using criteria delineated in Title 34, Chapter 7 of the Rules of the City of New York …
https://www.osc.ny.gov/state-agencies/audits/2020/09/23/controls-over-revocable-consentsInternal Controls Over Selected Financial Operations
… Center (BSC) performs many administrative functions on behalf of SLA, such as accounts payable and receivable, … ending March 31, 2020, SLA generated nearly $67 million in revenue from license and permit fees. Key Findings SLA has adequate internal controls in the areas of revenues, payroll, procurement and …
https://www.osc.ny.gov/state-agencies/audits/2020/09/30/internal-controls-over-selected-financial-operationsDiNapoli Releases Bond Calendar For First Quarter
… their major public authorities during the first quarter of 2017. The planned sales of $4.27 billion include $2.97 billion of new money and $1.30 billion of refundings or reofferings …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-bond-calendar-first-quarterTheresa Fire District – Board Oversight and Financial Management (2021M-60)
… reports with the Office of the State Comptroller (OSC) in a timely manner. The 2017 through 2019 annual reports were … records. The Board did not adopt realistic budgets based on historic trends. The District ended 2019 with $345,000 in surplus fund balance – enough to fund nearly two years’ of …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Valley Central School District – Information Technology (2020M-154)
… The District did not have a contingency plan to recover in the event of a significant service interruption. The Board …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/18/valley-central-school-district-information-technology-2020m-154DiNapoli Releases Bond Calendar for Fourth Quarter
… their major public authorities during the fourth quarter of 2019. The planned sales of $11.28 billion include $6.08 billion of new money and $5.2 billion of refundings as follows: $8.07 …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-releases-bond-calendar-fourth-quarterState Agencies Bulletin No. 2212
… AC-230s AC-230s submitted to reverse the overpayment in PayServ will continue to be received and processed by OSC. … the AC230 will not be processed to reverse the paycheck in PayServ until the corresponding direct deposit reversal is … the PayServ worklist for OSC processing. For updates on the SFS blackout period and fiscal year end processing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2212-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returnsWantagh Union Free School District – Financial Application User Access Controls (2024M-46)
… officials established adequate controls over user accounts for the financial application to help prevent inappropriate … did not establish adequate controls over user accounts for the financial application to help prevent inappropriate … review of transactions in the audit trail reports for the system administrator account of the financial …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/25/wantagh-union-free-school-district-financial-application-user-accessShareholders Send Exxon a Strong Message on Climate Change
… ExxonMobil shareholders showed significant support for a motion asking the company to report on how its business … number of Exxon shareholders want the company to step up when it comes to climate change,” said Pete Grannis, First …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changeDiNapoli: State Paid $14.5 Billion for Medicaid Home Care Services That Lacked Verification
… verification that the services took place, according to a new audit from State Comptroller Thomas P. DiNapoli. … getting the services that were paid for. This audit found a disturbing lack of oversight and failure to comply with the … that can prevent payments for certain claims when there is no matching electronic verification record, however this …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-paid-145-billion-medicaid-home-care-services-lacked-verification