Search

Real Property Tax Cap - School Districts Guidance

… that the amount receivable from LIPA is the subject of litigation, school district officials should consult with …

https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidance

Investment Advisory Committee

… James Mitchell Managing Partner JMJ Advisors, LLC Diane C. Nordin, CFA Retired Partner Wellington Management Company, …

https://www.osc.ny.gov/common-retirement-fund/resources/investment-advisory-committee

Chautauqua County – Investments and Payroll (2016M-147)

… The objectives of our audit were to review the County’s investment program and salaries and fringe benefit payments … invest funds in accordance with the County’s adopted investment policy or General Municipal Law (GML). Not all … Key Recommendations Provide adequate oversight of the investment program to ensure that all investments are made in …

https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147

West Albany Fire District – Credit Card Purchases (2017M-15)

… The purpose of our audit was to determine whether credit card purchases were approved in advance and related claims … to identify individuals authorized to approve credit card purchases or the documentation required before making … documentation. Key Recommendations Ensure that credit card users obtain prior approval for purchases to be made …

https://www.osc.ny.gov/local-government/audits/fire-district/2017/03/31/west-albany-fire-district-credit-card-purchases-2017m-15

Niagara Falls Water Board – Financial Management (2015M-141)

… agreements and New York State Public Authorities Law for the period January 1, 2013 through April 30, 2015. … systems and facilities. The Water Board’s operating budget for 2015 totaled approximately $29.8 million and included appropriations for the Water Board and the Water Authority. Key Findings The …

https://www.osc.ny.gov/local-government/audits/public-authority/2016/03/18/niagara-falls-water-board-financial-management-2015m-141

Commack Public Library District – Selected Financial Operations (2015M-132)

… Purpose of Audit The purpose of our audit was to assess District operations for the period … The Commack Public Library District is located in the Town of Huntington in Suffolk County and serves over 15,000 …

https://www.osc.ny.gov/local-government/audits/library/2015/08/28/commack-public-library-district-selected-financial-operations-2015m-132

Keene Central School District – Transportation State Aid (2021M-63)

… in a timely manner. Key Findings District officials did not apply for all applicable transportation aid in a timely … two. Officials did not establish adequate procedures to ensure the District applied for all State aid for new bus … buses identified in this report. Implement procedures to ensure transportation aid applications are accurately …

https://www.osc.ny.gov/local-government/audits/school-district/2021/07/30/keene-central-school-district-transportation-state-aid-2021m-63

Gorham-Middlesex Central School District – Online Banking Access (2022M-179)

… also did not monitor online banking transactions. As a result, the risk that the District may become the victim of a …

https://www.osc.ny.gov/local-government/audits/school-district/2023/02/17/gorham-middlesex-central-school-district-online-banking-access-2022m-179

Southern Cayuga Central School District – Financial Condition (2020M-77)

… condition. The Board underestimated revenues by an average of $141,038 and overestimated appropriations by an average of $1.3 million over the three completed years. As a result, … use about $1.1 million in appropriated fund balance. As of June 30, 2019, recalculated surplus fund balance totaled …

https://www.osc.ny.gov/local-government/audits/school-district/2020/11/06/southern-cayuga-central-school-district-financial-condition-2020m-77

North Country Community College – Internal Controls Over Selected Financial Operations (2013M-354)

… Purpose of Audit The purpose of our audit was to assess the internal … employee tuition waiver forms to ensure that waivers are granted in accordance with the College’s collective bargaining agreements. Ensure that all students are correctly billed and the Vice President for Fiscal …

https://www.osc.ny.gov/local-government/audits/community-college/2014/03/28/north-country-community-college-internal-controls-over-selected

Pennellville Volunteer Fireman’s Association, Inc. – Financial Operations (2015M-144)

Pennellville Volunteer Firemans Association Inc Financial Operations 2015M144

https://www.osc.ny.gov/local-government/audits/fire-district/2015/11/16/pennellville-volunteer-firemans-association-inc-financial-operations-2015m

Lake Ronkonkoma Fire District – Bidding and Treasurer’s Office (2015M-9)

… ambiguity as to whether the District intended to consider products that were reasonably equivalent. District officials … Board did not ensure that the duties within the Treasurer’s office were adequately segregated and did not implement … are made in accordance with statute and the District’s procurement policy. Establish and enforce formal policies …

https://www.osc.ny.gov/local-government/audits/fire-district/2015/06/05/lake-ronkonkoma-fire-district-bidding-and-treasurers-office-2015m-9

Jamison Road Volunteer Fire Company, Inc. – Internal Controls Over Financial Operations (2015M-95)

… Purpose of Audit The purpose of our audit was to examine the Company's internal controls … for approximately 3,100 Town residents, is governed by an eleven-member Board of Directors. Budgeted appropriations …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/11/06/jamison-road-volunteer-fire-company-inc-internal-controls-over

Clyde Fire Company – Controls Over Financial Activity (2015M-072)

… The President did not appoint a three-member audit committee to review the Treasurer’s work during the audit … that the President appoints three individuals to the audit committee to review and approve bills prior to payment. … accounts, and provide a copy of this information to the Committee and membership. Maintain accurate records for the …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/08/14/clyde-fire-company-controls-over-financial-activity-2015m-072

Margaretville Volunteer Fire Department – Cash Receipts and Disbursements (2014M-172)

… Purpose of Audit The purpose of our audit was to examine the internal controls over the … Department is a volunteer organization located in the Town of Middletown in Delaware County. The Department is …

https://www.osc.ny.gov/local-government/audits/fire-district/2014/09/26/margaretville-volunteer-fire-department-cash-receipts-and-disbursements

New York State Comptroller DiNapoli Statement on Former Orange County IDA Officials Guilty Plea

… New York State Comptroller Thomas P. DiNapoli issued the following statement on three former Orange County Industrial Development Agency(IDA) officials who pled guilty … to defrauding the IDA and were ordered to pay $1.2 million in restitution: “Industrial Development Agencies exist to …

https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-statement-former-orange-county-ida-officials-guilty-plea

Thank you for subscribing to the Comptroller's Weekly Newsletter!

Thank you for subscribing to the Comptroller's Weekly Newsletter!