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State Comptroller DiNapoli Releases School District Audits
… not adopt realistic budgets or maintain reasonable levels of fund balance. However, reserves were generally funded at … the past five years grew to $97.9 million, the equivalent of 43 percent of the district’s annual budget. Some appropriations were …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-school-district-auditsHammond Central School District – Financial Management (2024M-70)
… when they used reserves funds totaling $1.6 million. In addition, they exceeded the voter-approved funding level … Accumulated excessive balances totaling about $600,000 in three reserves. Did not budget to fund reserves. From … July 1, 2020 through June 30, 2023, more than $1.5 million in fiscal year-end unbudgeted transfers were made to increase …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/hammond-central-school-district-financial-management-2024m-70Cooperstown Central School District – Financial Management (2024M-65)
… the Cooperstown Central School District (District) Board of Education (Board) and District officials properly managed … officials: Overestimated appropriations by a total of over $5.5 million and appropriated $2.6 million of fund balance that was not needed, while generating …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/cooperstown-central-school-district-financial-management-2024m-65Village of Cedarhurst – Transparency of Fiscal Activities (S9-24-19)
… entries totaling $5.5 million were not properly recorded. For example, payroll and health insurance amounts, and the … on the balance sheet instead of being categorized as salary expenditures and real property tax revenue. Due to the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-cedarhurst-transparency-fiscal-activities-s9-24-19Village of Hoosick Falls – Transparency of Fiscal Activities (S9-24-16)
… Municipal Law (GML) Section 30. The last filed AFR was for the fiscal year ending May 31, 2022, filed on July 28, …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-hoosick-falls-transparency-fiscal-activities-s9-24-16Compliance With School Safety Planning Requirements (Follow-Up)
… (City Regulations) provide additional guidance. For example, DOE’s District Safety Team must develop a …
https://www.osc.ny.gov/state-agencies/audits/2024/01/11/compliance-school-safety-planning-requirements-followOpinion 92-30
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … Law, §803 and should not participate in the discussion or vote on the contract. A county code of ethics may not … 18 defines "contract" to include "any claim, account or demand against or agreement with a municipality, express …
https://www.osc.ny.gov/legal-opinions/opinion-92-30Opinion 88-13
… is also an officer and stockholder of more than 5% of the outstanding stock of an insurance agency would have a prohibited conflict … provides insurance coverage to the village. The village's current insurance policy was issued prior to the election …
https://www.osc.ny.gov/legal-opinions/opinion-88-13Opinion 88-75
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … A city attorney who is an officer, employee, director or shareholder of a law firm which is a profit corporation … the firm and the city if the city attorney has the power or duty to negotiate, prepare, authorize or approve the …
https://www.osc.ny.gov/legal-opinions/opinion-88-75Monitoring of Prevailing Wage Compliance on Construction Contracts (Follow-Up)
… examined whether the Dormitory Authority of the State of New York (Authority) effectively monitored contractors and … of the prevailing wage law on Authority projects in the New York City area. The audit report concluded that the … of Interest Dormitory Authority of the State of New York: Monitoring of Prevailing Wage Compliance on …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/monitoring-prevailing-wage-compliance-construction-contracts-followOversight of Sex Offenders Subject to Strict and Intensive Supervision and Treatment (Follow-Up)
… included in our initial audit report, Oversight of Sex Offenders Subject to Strict and Intensive Supervision and Treatment ( 2014-S-50 ). Background The Sex Offender Management and Treatment Act (Act) was enacted …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/oversight-sex-offenders-subject-strict-and-intensive-supervision-and-treatment-followState Agencies Bulletin No. 1657
… Changes to the Form W-4 can be made on New York State Payroll Online (NYSPO) . Effective Date(s) Immediately Agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1657-federal-withholding-change-tax-year-2018State Comptroller DiNapoli Releases School Audits
… payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-releases-school-auditsArea #9 – Wireless Network – Information Technology Governance
… relative ease and without incurring additional costs. Some best practices relating to wireless technology include: …
https://www.osc.ny.gov/local-government/publications/it-governance/area-9-wireless-networkAccuracy of Reported Discharge Data (Follow-Up)
… Purpose To determine the extent of implementation of the three recommendations … whether the New York City Department of Education (DoE) was accurately reporting the number of students … classifications for its 2004-08 general education cohort (i.e., the students who entered ninth grade in 2004 and were …
https://www.osc.ny.gov/state-agencies/audits/2014/09/09/accuracy-reported-discharge-data-followDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… on investments in the midst of global volatility thanks to our talented investment staff and our diversified asset … Over the last 20 years, 80 percent of benefits have been funded from investment returns. Employer and … of return is 7.5 percent. Strong returns in recent years have resulted in back to back consecutive reductions in …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… State Common Retirement Fund (Fund) was $259.9 billion at the end of the third quarter of state fiscal year 2023-24. … York State Common Retirement Fund Fund was $2599 billion at the end of the third quarter of state fiscal year 202324 …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterThe Ex-spouse’s Payments – Divorce and Your Benefits
… pension until the retroactive payment is satisfied in full. If the DRO requires retroactive payment, but does not …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsUse of State Appropriations
… and Markets (NYSDAM). Its most recent contract was for $3.7 million and covered the four years ending March …
https://www.osc.ny.gov/state-agencies/audits/2016/06/16/use-state-appropriationsUser Access Controls Over Selected System Applications (Follow-Up)
… and personal information that is considered confidential for a variety of programs, controls over their access are …
https://www.osc.ny.gov/state-agencies/audits/2021/07/16/user-access-controls-over-selected-system-applications-follow