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Opinion 92-11

… (transfer from insurance reserve to reserve for property loss and liability claims) MUNICIPAL FUNDS -- … Reserve (transfer by school district into reserve for property loss and liability claims) SCHOOL DISTRICTS -- … to transfer from insurance reserve to reserve for property loss and liability claims) GENERAL MUNICIPAL LAW, …

https://www.osc.ny.gov/legal-opinions/opinion-92-11

State Comptroller DiNapoli Releases Municipal Audits

… auditors reviewed were either not properly supported or for questionable or inappropriate purchases. Town of Caneadea – Fund Balance … fund balance and spent down fund balance by $427,000 or 71 percent. The board also appropriated fund balances the …

https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-1

CUNY Bulletin No. CU-207

… Purpose To explain the procedures for processing summer payments for CUNY … staff Background Pursuant to an agreement between the City University of New York and the CUNY Research Foundation, certain professional staff will … This bulletin explains the procedures for processing summer payments for CUNY …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-207-grant-payments-summer-research

Eldred Central School District - Financial Condition (2018M-138)

… Key Findings The Board relied on unrestricted fund balance to fund recurring expenditures. As of June 30, 2017, the … 2018. The school lunch fund relies heavily on general fund subsidies and loans. As of June 30, 2017, the school lunch … the general fund over $100,000 that it may not be able to pay back. Key Recommendations Establish a multiyear …

https://www.osc.ny.gov/local-government/audits/school-district/2018/10/19/eldred-central-school-district-financial-condition-2018m-138

Village of Walden – Financial Condition (2017M-255)

… of our audit was to determine whether the Board and Village officials appropriately managed the Village’s financial condition for the period June 1, 2016 through September 19, 2017. Background The Village of Walden is located in the Town of Montgomery in … Village of Walden Financial Condition 2017M255 …

https://www.osc.ny.gov/local-government/audits/village/2018/02/02/village-walden-financial-condition-2017m-255

Lyme Central School District – Financial Condition (2016M-383)

… 1, 2014 through May 31, 2016. Background The Lyme Central School District is located in the Towns of Brownville, Cape … Lyme in Jefferson County. The District, which operates one school with approximately 350 students, is governed by an … Lyme Central School District Financial Condition 2016M383 …

https://www.osc.ny.gov/local-government/audits/school-district/2016/12/23/lyme-central-school-district-financial-condition-2016m-383

Walton Central School District – Financial Condition (2014M-118)

… Purpose of Audit The purpose of our audit was to evaluate the District’s financial condition for the period July 1, 2012 through … $20 million. Key Findings The District’s unassigned fund balance declined by about 94 percent from 2010-13, and …

https://www.osc.ny.gov/local-government/audits/school-district/2014/08/29/walton-central-school-district-financial-condition-2014m-118

Village of Potsdam – Financial Condition (2017M-61)

… 2015 through November 30, 2016. Background The Village of Potsdam is located in the Town of Potsdam in St Lawrence County and has a population of … Village of Potsdam Financial Condition 2017M61 …

https://www.osc.ny.gov/local-government/audits/village/2017/05/26/village-potsdam-financial-condition-2017m-61

Town of Colchester – Financial Condition (2016M-376)

… Key Findings The Board does not have a written fund balance policy that addresses reasonable levels of fund balance to be maintained. From 2013 through 2015, the Board … fund. Key Recommendations Adopt a comprehensive fund balance policy that establishes reasonable levels of …

https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-colchester-financial-condition-2016m-376

Little Falls City School District - Financial Condition Management (2019M-67)

… surplus fund balance exceeded the statutory limit by $1.15 to $1.83 million or 5.3 to 8.5 percentage points. The District has generated … were generally reasonable, District officials failed to use surplus funds in a manner that benefits the taxpayers …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/little-falls-city-school-district-financial-condition-management-2019m-67

Mottville Fire District - Budgeting and Financial Recordkeeping (2020M-26)

… or establish targeted funding levels for its reserve funds. The Treasurer did not maintain accurate and reliable …

https://www.osc.ny.gov/local-government/audits/fire-district/2020/05/15/mottville-fire-district-budgeting-and-financial-recordkeeping-2020m-26

State Comptroller DiNapoli Releases School District Audits

… the following school district audits have been issued. Northern Adirondack Central School District – Financial … plan or a plan to address the declining fund balance. Northern Adirondack Central School District – Leave Accruals …

https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits

State Comptroller DiNapoli Releases School Audits

… New York State Comptroller Thomas P. DiNapoli today announced … to protect taxpayer dollars from waste, fraud and abuse. New York’s school districts annually spend approximately $60 … New York State Comptroller Thomas P DiNapoli today announced …

https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-school-audits

State Comptroller DiNapoli Releases Municipal Audits

… New York State Comptroller Thomas P. DiNapoli today announced the … annual financial reports were not filed with the Office of State Comptroller, as required. As of May 5, 2021, the … at Open Book New York . Track municipal spending, the state's 180,000 contracts, billions in state payments and …

https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-2

Newfield Central School District – Financial Condition (2013M-238)

… Purpose of Audit The purpose of our audit was to evaluate the District’s financial activities for the period July 1, 2011 to May 22, … officials did not ensure reasonable levels of fund balance were maintained. While their budgets included the use …

https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/newfield-central-school-district-financial-condition-2013m-238

Elba Central School District – Financial Condition (2013M-240)

… Background The Elba Central School District is located in the Towns of Batavia, Byron, Elba, Oakfield, and Stafford in Genesee County. The District is governed by a Board of … budgeting practices generated approximately $2.2 million in operating surpluses, which caused unexpended surplus funds …

https://www.osc.ny.gov/local-government/audits/school-district/2013/10/25/elba-central-school-district-financial-condition-2013m-240

Town of Pleasant Valley – Financial Management (2024M-158)

… more taxes than necessary. From fiscal years 2019 through 2023, the Board: Did not consider historical or known … and highway funds, respectively, as of December 31, 2023.The Board did not adopt a fund balance policy and lacked …

https://www.osc.ny.gov/local-government/audits/town/2025/05/09/town-pleasant-valley-financial-management-2024m-158

City of Lockport – Budget Review (B21-1-9)

… City to issue debt to liquidate the accumulated deficits in the City’s general, water, sewer and refuse funds as of … below, the significant revenue and expenditure projections in the proposed budget appear reasonable. The City appropriated $583,113 as a financing source in the 2022 general fund budget. For 2021, City officials …

https://www.osc.ny.gov/local-government/audits/city/2021/11/05/city-lockport-budget-review-b21-1-9