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Town of Lloyd - Financial Condition (2019M-108)

… revenues and overestimated expenditures in the general, water and sewer funds each year. Key Recommendations …

https://www.osc.ny.gov/local-government/audits/town/2019/08/02/town-lloyd-financial-condition-2019m-108

Town of Saranac - Cash Management (2019M-32)

… not develop and manage a comprehensive investment program to ensure interest earnings were maximized and bank fees were … the audit period resulting in a net cost of $2,407 related to banking services. Key Recommendations Periodically request … for banking services from multiple financial institutions to maximize the return on investments and minimize bank fees. …

https://www.osc.ny.gov/local-government/audits/town/2019/09/13/town-saranac-cash-management-2019m-32

Richfield Springs Central School District - Fixed Assets (2019M-140)

… complete report - pdf] Audit Objective Determine whether fixed assets were recorded and accounted for properly. Key Findings Fixed asset and disposal policies were not comprehensive or being … unable to be located, 39 were not recorded in the master inventory list, 12 did not have asset tags and four had the …

https://www.osc.ny.gov/local-government/audits/school-district/2019/09/20/richfield-springs-central-school-district-fixed-assets-2019m-140

City of Yonkers - Internal Controls Over Cash Collections (2018M-14)

… Key Findings The Clerk’s office forfeited 30 percent of its revenues ($17,241) collected from credit card payments … $5,364 were unaccounted for due to inadequate segregation of duties. Cash was not deposited for as many as 93 days … receipts. City officials disagreed with certain aspects of our findings and recommendations, but indicated they …

https://www.osc.ny.gov/local-government/audits/city/2019/11/22/city-yonkers-internal-controls-over-cash-collections-2018m-14

Glens Falls City School District - Financial Management (2019M-12)

… past three fiscal years and the surplus fund balance was in excess of the statutory limit at fiscal year-ends 2015-16 … were consistently overestimated which resulted in the increasing fund balance levels and the District not … multiyear financial and capital plan. Except as specified in Appendix A, District officials generally agreed with our …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/18/glens-falls-city-school-district-financial-management-2019m-12

Margaretville Central School District – Financial Management (2020M-46)

… surplus fund balance totaled approximately $3.9 million or 32 percent of the next year’s budget, exceeding the statutory …

https://www.osc.ny.gov/local-government/audits/school-district/2020/06/26/margaretville-central-school-district-financial-management-2020m-46

Madison Central School District - Reserves and Debt Service Fund (2019M-63)

… fund policy. Three reserve funds totaling $1.3 million as of June 30, 2018, were overfunded. The approximately $1 …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/madison-central-school-district-reserves-and-debt-service-fund-2019m-63

Rye City School District – Payroll and Leave Accruals (2016M-169)

… our audit was to evaluate the accuracy of the District’s payroll payments and to determine if the District properly accounted for leave accruals for the period July 1, 2014 through January … six schools with approximately 3,375 students, is governed by an elected seven-member Board of Education. Budgeted …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/rye-city-school-district-payroll-and-leave-accruals-2016m-169

Nanuet Union Free School District – Payroll (2015M-287)

… our audit was to evaluate internal controls over payroll for the period July 1, 2014 through July 27, 2015. Background … The Nanuet Union Free School District is located in the Town of Clarkstown in Rockland County. The District is … with approximately 2,280 students. Budgeted appropriations for the 2014–15 fiscal year were $66,490,022. Key Findings …

https://www.osc.ny.gov/local-government/audits/school-district/2015/12/24/nanuet-union-free-school-district-payroll-2015m-287

Canastota Central School District – Payroll (2016M-56)

… The Canastota Central School District is located in the Towns of Fenner, Lenox, Lincoln, Smithfield and Sullivan in Madison County. The District, which operates three schools … to the former Superintendent that was not provided for in the employment contract. Key Recommendation Review the …

https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/canastota-central-school-district-payroll-2016m-56

Millbrook Central School District – Claims Processing (2015M-48)

… was to examine the District’s claims auditing process for the period July 1, 2013 through November 19, 2014. … seven-member Board of Education. Budgeted appropriations for the 2014-15 fiscal year total approximately $27.2 … to ensure that they were accurate, properly supported and for valid District purposes. Key Recommendations Ensure that …

https://www.osc.ny.gov/local-government/audits/school-district/2015/06/12/millbrook-central-school-district-claims-processing-2015m-48

Rome City School District – Financial Management (2015M-215)

… Rome City School District is located in the City of Rome and the Towns of Annsville, Lee, Verona and Western in Oneida County. The District, which operates … balance that was not needed to fund the 2011-12, 2012-13 and 2014-15 budgets. The Board retroactively approved …

https://www.osc.ny.gov/local-government/audits/school-district/2015/12/18/rome-city-school-district-financial-management-2015m-215

Discovery Charter School – Internal Controls Over Cash Disbursements (2015M-14)

… Purpose of Audit The purpose of our audit was to review internal controls over cash disbursements for the … the money from the School’s bank account for disbursement to employees, the respective taxing authorities and its own … reviews them. Key Recommendations Work with the vendor to arrange for payroll checks to clear against the School’s …

https://www.osc.ny.gov/local-government/audits/charter-school/2015/05/29/discovery-charter-school-internal-controls-over-cash-disbursements-2015m

City of Geneva – Financial Management (2015M-105)

… was to assess the City officials’ financial management for the period January 1, 2012 through March 31, 2015. Background The City of Geneva is located in Ontario County and has a population of approximately … legislative and governing body. Budgeted appropriations for 2015 total approximately $24.2 million. Key Findings The …

https://www.osc.ny.gov/local-government/audits/city/2015/08/28/city-geneva-financial-management-2015m-105

Hastings-on-Hudson Union Free School District – Financial Condition (2016M-275)

… in Westchester County. The District, which operates three schools with approximately 1,600 students, is governed by an …

https://www.osc.ny.gov/local-government/audits/school-district/2016/12/02/hastings-hudson-union-free-school-district-financial-condition-2016m-275

Mineola Union Free School District – Competitive Quotations (2015M-313)

… that quotes are obtained or purchases are made through a State or County contract prior to approving the purchase …

https://www.osc.ny.gov/local-government/audits/school-district/2016/02/12/mineola-union-free-school-district-competitive-quotations-2015m-313

Hamilton Central School District – School Lunch Fund Financial Condition (2016M-136)

… was to examine the school lunch fund’s financial condition for the period July 1, 2014 through February 25, 2016. … to bring the MPLH closer to industry standards. Complete a cost-per-meal analysis and explore methods for increasing revenues and decreasing expenditures to a level that allows the fund to be self-sustaining. … …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/hamilton-central-school-district-school-lunch-fund-financial-condition

Great Neck Union Free School District – Fuel (2016M-82)

… Purpose of Audit The purpose of our audit was to determine if the District properly safeguarded its fuel … $216 million. Key Findings The Board did not adopt a policy for fuel inventory accountability and there were no written procedures to provide guidance to employees. Officials did not …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/great-neck-union-free-school-district-fuel-2016m-82