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Village of Greenwich - Cash Management (2019M-230)
… Objective Determine whether Village officials maximized interest earnings. Key Findings The Board did not develop and manage a comprehensive investment program to ensure interest earnings were maximized. Had officials invested … funds in a financial institution with higher available interest rates, interest earnings could have been increased …
https://www.osc.ny.gov/local-government/audits/village/2020/04/17/village-greenwich-cash-management-2019m-230Ordinary Disability (Section 362) – New Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Ordinary Disability (Section 362) – Career Plan
… FAS for each year of service you might have earned before age 60, but not more than one-third of your FAS. The benefit … must be submitted while you are in service or within 90 days from the date you: Are last paid on the payroll; Are …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… FAS for each year of service you might have earned before age 60, but not more than one-third of your FAS. The benefit … must be submitted while you are in service or within 90 days from the date you: Are last paid on the payroll; Are …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Ordinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Ordinary Disability (Section 362) – Police and Fire Plan
… FAS for each year of service you might have earned before age 60, but not more than one-third of your FAS. The benefit … must be submitted while you are in service or within 90 days from the date you: Are last paid on the payroll; Are …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362Opinion 91-28
… Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other things, there … the payment of refunds to consumers" (see also NY Const, art 14, §1[f]). In our opinion, the reference to "profits" in … used for any lawful village purpose (see 1968 Opns St Comp No. 68-829, unreported; 7 Opns St Comp, 1951, p 262; 4 Opns …
https://www.osc.ny.gov/legal-opinions/opinion-91-28Opinion 89-46
… Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other things, there … and Town Law, §23. Public Officers Law, §3 provides that no person shall hold a civil office who shall not, among … to vote at a town election is U.S. citizenship (NY Const. Art II, §1; Election Law, §§1-102, 5-102[1]). Therefore, …
https://www.osc.ny.gov/legal-opinions/opinion-89-46DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… domestic equity market, coupled with strong private equity and real estate returns, drove much of our growth. The Fund’s … returns. The financial markets have given investors a wild ride the last few years but our investment strategy has allowed us to capitalize on opportunities and minimize risks.” Returns for the Fund's Asset Classes (as …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionJustice Court Fund: Advisories
Justice Court Fund Advisories
https://www.osc.ny.gov/local-government/required-reporting/justice-court-fund-advisoriesPawling Central School District – Selected Financial Activities (2012M-185)
… activities for the period July 1, 2010, through January 3, 2012. Background The Pawling Central School District is … reserve. The District’s Audit Committee acted outside the scope of its authority. The District paid four professional … a requirement for a written plan that clearly defines the scope of the project, sources of funding, maximum cost …
https://www.osc.ny.gov/local-government/audits/school-district/2013/02/08/pawling-central-school-district-selected-financial-activities-2012m-185Mattituck-Cutchogue Union Free School District – Financial Condition (2013M-322)
… Mattituck-Cutchogue Union Free School District is located in the Town of Southold in Suffolk County. The District is governed by the Board of … budgeting practices generated more than $5 million in budget surpluses. To reduce fund balance and stay within …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/24/mattituck-cutchogue-union-free-school-district-financial-condition-2013mTown of Rossie – Records and Reports and Cash Disbursements (2013M-168)
… operating expenditures totaled $200,296 for the general fund and $288,160 for the highway fund. Key Findings The Supervisor did not maintain accurate … computerized accounting records and reports. Balance sheet amounts did not agree with general ledger amounts and …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-rossie-records-and-reports-and-cash-disbursements-2013m-168Village of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)
… Purpose of Audit The purpose of our audit was to determine whether the Board had delegated discretionary … totaled $829,784 and $736,394. Key Finding The Village Building Inspector did not take an oath of office and, as … for basic services of $8,000 plus 50 percent of certain permit fees. This type of arrangement is usually indicative …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43Town of Hartwick – Financial Condition (2013M-118)
… Purpose of Audit The purpose of our audit was to ensure that the Board properly monitored the Town’s … financial operations for the period January 1, 2012, to March 8, 2013. Background The Town of Hartwick is located … from the general fund and appropriations of fund balance to finance operations in the highway and fire protection …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118West Glens Falls Fire Company No. 1 – Financial Operations (2013M-383)
… 30, 2013. Background The West Glens Falls Volunteer Fire Company #1 is a volunteer organization located in the … from the Town of Queensbury and $15,819 in foreign fire insurance, and had disbursed approximately $687,000. The Company is affiliated with the Fire Fighters of West Glens Falls Association (Association), …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/04/11/west-glens-falls-fire-company-no-1-financial-operations-2013mState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … may have saved $4,246 in fuel costs if they had used the New York State Office of General Services contract pricing … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… competition and spent $4,820 on snowplow blades and shoes but could have saved town taxpayers $2,244, if …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 160,000 … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2019/10/comptroller-dinapoli-releases-school-audits-0DiNapoli Releases Bond Calendar for First Quarter
… Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York … and done pursuant to their borrowing programs. A new schedule is released every quarter and updated as necessary. The schedule is released by the committee to assist participants …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-releases-bond-calendar-first-quarter