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Mottville Fire District - Budgeting and Financial Recordkeeping (2020M-26)
… a fund balance policy or establish targeted funding levels for its reserve funds. The Treasurer did not maintain … Comptroller’s (OSC’s) accounting and reporting manual for fire districts. District officials agreed with our …
https://www.osc.ny.gov/local-government/audits/fire-district/2020/05/15/mottville-fire-district-budgeting-and-financial-recordkeeping-2020m-26Mount Markham Central School District – Financial Management (2020M-39)
… ] Audit Objective Did District officials properly manage fund balance and ensure budget estimates and reserves were … officials could improve their management of the District’s fund balance and reserves. Officials overestimated … the practice of adopting budgets that appropriate fund balance that is not needed or used to fund District …
https://www.osc.ny.gov/local-government/audits/school-district/2020/06/26/mount-markham-central-school-district-financial-management-2020m-39Schenectady County Community College – Internal Controls Over Selected Financial Operations (2014M-11)
… effectively to adequately safeguard College assets for the period September 1, 2011 through August 31, 2013. … Board of Trustees. The College’s operating expenditures for the 2013-14 year were approximately $29.5 million. Key … Employees used cash received from sales to purchase food and supplies. Key Recommendations Ensure all College …
https://www.osc.ny.gov/local-government/audits/community-college/2014/06/27/schenectady-county-community-college-internal-controls-over-selectedLimitations – Special 20- and 25-Year Plans
… Your FAE calculation may be limited based on your tier. Earnings above the limit will not be included in your pension calculation. For examples of how the limit is calculated, …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/limitationsWithdrawing Your Contributions and/or Your Membership – State Police Plan
… Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click “Withdraw My Membership.” You can also apply by mail by submitting a …
https://www.osc.ny.gov/retirement/publications/1518/withdrawing-your-contributions-andor-your-membershipAgency Financial Reporting Package
… Internet Based Reporting System The Agency Financial Reporting Package (AFRP) is the internet …
https://www.osc.ny.gov/state-agencies/agency-financial-reporting-packageDiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds
… with the Department of Taxation and Finance to stop questionable refunds and to ensure timely payment of …
https://www.osc.ny.gov/press/releases/2017/04/dinapolis-auditors-halt-213-million-suspicious-2016-tax-refundsState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… "The passing of the state budget is welcome news. While jobs are rebounding in many … will add recurring spending, and it is yet unclear to what extent they are supported by recurring revenues. Using … finite. Bolstering state savings through the formal rainy day fund reserves is essential for sustaining services that …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23DiNapoli: Former Riverside Village Clerk Sentenced to Jail for $50K Theft
… clerk-treasurer Kristina Johnson was sentenced to jail time for repeatedly stealing village funds to cover her … announced today. Johnson was sentenced to 60 days in jail, five years probation and ordered to pay full … District Attorney Brooks Baker, Ms. Johnson is going to jail and will repay taxpayers.” Johnson pleaded guilty to …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-former-riverside-village-clerk-sentenced-jail-50k-theftLump Sum Payments – Enhanced Reporting
… code . The following types of payments may be made as a lump sum: Buy back Settlement agreement* Holiday Maintenance (clothing, housing, automobile) Noncompensatory overtime** … Workers’ compensation * If an employee receives a settlement, you must submit the settlement agreement or …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/lump-sum-paymentsControls Over Cash Advance Accounts
… for petty cash expenses. SED does not routinely resolve old outstanding items or review any paid checks and … to update its records. Promptly investigate and resolve old outstanding items and resolve the five items on the March …
https://www.osc.ny.gov/state-agencies/audits/2014/09/08/controls-over-cash-advance-accountsRed Hook Central School District – Financial Management (2016M-105)
… million. Key Findings District officials did not consider how the overall actual results or trends compare to the … and reasonable. To the extent that they are not, reserves should be properly reduced. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/red-hook-central-school-district-financial-management-2016m-105Kiryas Joel Union Free School District – Financial Condition and Selected Employee Reimbursements (2016M-331)
… condition and selected employee reimbursement payments for the period July 1, 2014 through March 16, 2016. … attending nonpublic schools. Budgeted appropriations for the 2015-16 fiscal year total approximately $23 million. … in operating surpluses each year ranging from $216,000 to $2.6 million. The Board did not establish adequate reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2017/03/03/kiryas-joel-union-free-school-district-financial-condition-and-selectedSalem Central School District – Internal Controls Over Extra-Classroom Activity Funds (2013M-394)
… that no training was provided to the central treasurer or faculty advisors outlining their job duties. Reviewed … the remittances received from the student treasurers and faculty advisors were not provided. The student treasurers’ … cash in a timely manner. Ensure the central treasurer and faculty advisors are properly trained and maintain adequate …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/salem-central-school-district-internal-controls-over-extra-classroomNewark Valley Central School District – Procurement (2022M-60)
… of goods and services totaling $44,401. Compare billed prices to the awarded contract prices and overpaid for cleaning supplies by $1,532. As a … when procuring goods and services. Compare billed prices to awarded contract prices to ensure the District is …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/24/newark-valley-central-school-district-procurement-2022m-60Fire Island Union Free School District – Claims Auditing (2023M-114)
… received), which prevented the Board’s approval and price verification. 31 claims totaling $20,714 were missing 28 …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/15/fire-island-union-free-school-district-claims-auditing-2023m-114Saranac Central School District – Tuition Billing and Collections (2023M-90)
… care students enrolled at the District. As of March 27, 2023, the District had not collected $59,336 of tuition …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/22/saranac-central-school-district-tuition-billing-and-collections-2023m-90Central Square Central School District – Fund Balance (2022M-196)
… [read complete report – pdf] Audit Objective Determine whether Central … levels. Key Findings District officials did not accurately report the District’s surplus fund balance, maintain surplus … reserve by $1.5 million. Key Recommendations Accurately report surplus fund balance. Comply with the statutory …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/10/central-square-central-school-district-fund-balance-2022m-196Stamford Central School District – Fund Balance Management (2022M-199)
… million (14 percent) and planned to use fund balance to cover operating deficits when the District realized operating … employees reserve balance of $602,749 was sufficient to cover expenditures for five years. Key Recommendations Adopt …
https://www.osc.ny.gov/local-government/audits/school-district/2023/04/14/stamford-central-school-district-fund-balance-management-2022m-199Rye City School District – Payroll (2024M-2)
… Rye City School District (District) officials ensured overtime was properly budgeted, approved, monitored, recorded, and paid. Key Findings Although overtime was properly approved and monitored, District officials did not properly budget, record or pay overtime. District officials did not budget for approximately …
https://www.osc.ny.gov/local-government/audits/school-district/2024/06/21/rye-city-school-district-payroll-2024m-2