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Burnt Hills-Ballston Lake Youth Recreation Commission – Financial Activities (2017M-68)
… Purpose of Audit The purpose of our audit was to determine whether the Commission’s … Recreation Commission was established in 1973 by the Towns of Ballston, Charlton and Glenville to provide a summer …
https://www.osc.ny.gov/local-government/audits/joint-activity/2017/10/06/burnt-hills-ballston-lake-youth-recreation-commission-financial-activitiesContract Advisory No. 22
… in the Statewide Financial System (SFS). Once OSC has closed a contract the SFS header status will display … the “Closed” status. Contracts meeting the criteria below are subject to archiving and may be closed by BOC: A minimum … making final payments and cancelling purchase orders on a timely basis. References: SFS Secure Job Aids: …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/22-closed-contracts-statewide-financial-systemTier Status – Article 14 Benefits
… System, you are assigned to a tier depending on your date of membership. You are a Tier 3 member covered by Article 14 … for your employee group; or Are employed by the City of Yonkers or the State Police. There are four tiers in PFRS. …
https://www.osc.ny.gov/retirement/publications/1644/tier-statusReal Property Tax Cap and Tax Cap Compliance
… Tax Cap? Information for Local Governments Information for School Districts Inflation and Allowable Levy Growth Factors … overview of the Property Tax Cap for Local Governments and School Districts. Presenters will discuss the Property Tax … to complete the tax cap form using OSC's online reporting system. For Local Governments Webinar On Demand Slide Show …
https://www.osc.ny.gov/local-government/property-tax-capTown of Preston - Financial Management (2018M-81)
… During the same period, total fund balance in the highway fund increased by $130,589 (58 percent). Year-end 2017 fund balance was 150 percent the 2018 highway fund tax levy and 96 percent of 2018 budgeted …
https://www.osc.ny.gov/local-government/audits/town/2018/07/13/town-preston-financial-management-2018m-81Marathon Central School District – Fund Balances (2017M-280)
… limit each year for the past three years but decreased as a percentage of ensuing year’s appropriations by 2 percentage points (from 6.9 to 4.9 percent) as of June … overfunded as of June 30, 2017. Key Recommendations Adopt a fund balance policy that includes a plan for using the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/marathon-central-school-district-fund-balances-2017m-280Village of Franklin – Fund Balance Management (2018M-13)
… Purpose of Audit The purpose of our audit was to determine whether the Board effectively managed the … balance policy that establishes the level of fund balance to be maintained. Adopt budgets that include realistic … the Clerk-Treasurer provides adequate financial reports to the Board. …
https://www.osc.ny.gov/local-government/audits/village/2018/05/04/village-franklin-fund-balance-management-2018m-13State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government and school audits were issued
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-2Frontier Central School District – Financial Condition and Mobile Devices (2013M-297)
… Purpose of Audit The purpose of our audit was to assess the District’s financial condition and mobile … compensation reserve funds were inappropriately used to fund other unrelated general fund operating costs. The … of personal use. We found that 25 devices had minimal to no discernible use for District purposes and were used …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/28/frontier-central-school-district-financial-condition-and-mobile-devicesDiNapoli: State Pension Fund Releases Annual Investment Return
… bonds and mortgages (21.53%), private equity (14.61%), real estate and real assets (13.39%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnTown of Pulteney – Financial Management and Information Technology (2012M-177)
Town of Pulteney Financial Management and Information Technology 2012M177
https://www.osc.ny.gov/local-government/audits/town/2013/04/26/town-pulteney-financial-management-and-information-technology-2012m-177Town of Johnsburg – Management Oversight and Online Banking (2013M-6)
… of Johnsburg is located in Warren County and is governed by a Town Board which comprises an elected Town Supervisor … did not provide effective oversight of the work performed by the bookkeeper to address her incompatible financial … Authorize and approve all online transfers performed by the bookkeeper. Ensure that the online banking agreement …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/town-johnsburg-management-oversight-and-online-banking-2013m-6State Comptroller DiNapoli Releases Municipal Audits
… financial or capital plan. Chautauqua County – Court and Trust The records maintained by the director of finance were generally up-to-date and complete. Auditors found the director of finance … adequate procedures, maintained appropriate records and properly reported the condition of court and trust funds …
https://www.osc.ny.gov/press/releases/2020/05/state-comptroller-dinapoli-releases-municipal-auditsVillage of Middleport – Water and Sewer Rents (2013M-313)
… October 3, 2013. Background The Village of Middleport is located in Niagara County and has approximately 1,840 residents. The Village is governed by an elected Board of Trustees (Board) comprised …
https://www.osc.ny.gov/local-government/audits/village/2014/01/24/village-middleport-water-and-sewer-rents-2013m-313State Comptroller DiNapoli Releases Municipal Audits
… record dates of collections for clerk fees on 21 of 29 daily collections totaling $438 (64%). The clerk did not …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: State Tax Revenues Down $3 Billion Through July
… extent of the revenue damage from the pandemic, which is driving both unanticipated spending and declining tax … through July, $1.4 billion, or 6.8 percent, lower than a year ago. Receipts from PIT withholding were 1 percent, or … for the first four months were down $1.2 billion from a year earlier, a drop of 23.1 percent. The year-over-year …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-state-tax-revenues-down-3-billion-through-julyDiNapoli Releases Bond Calendar for Third Quarter
… today announced a tentative schedule of planned bond sales for New York State, New York City and their major … authorities during the third quarter of 2025. The planned sales of $10.8 billion include $7.21 billion of new money and … of which is for refunding purposes. The anticipated sales in the third quarter compare to past planned sales of …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-releases-bond-calendar-third-quarterComptroller DiNapoli Releases School District Audits
… during the audit period and determined they were supported by adequate documentation and properly audited. South Glens … District officials also overstated their encumbrances by at least $1.8 million, accrued liabilities by $988,921 and accounts payable by $172,539. As a result of …
https://www.osc.ny.gov/press/releases/2019/04/comptroller-dinapoli-releases-school-district-audits-0Examples – Article 14 Benefits
… choose to begin receiving the benefit as early as age 55 with a reduction of 16.65 percent (3.33 percent for each … choose to begin receiving the benefit as early as age 55 with a reduction of 26.65 percent (6.67 percent for the … one year his or her early retirement age exceeded age 60 plus 3.33 percent for each of the additional 5 years the …
https://www.osc.ny.gov/retirement/publications/1644/examplesRetirement System Membership – Special 20- and 25-Year Plans
… new employees into PFRS when their employment begins. Special Plan Coverage Your plan is listed in your Member … 9, 2010, through December 31, 2014: You are covered by the special plans in this booklet, if: Your employer has adopted … 2009, and January 8, 2010: You are covered by one of the special plans in this booklet, if: Your employer has adopted …
https://www.osc.ny.gov/retirement/publications/1517/retirement-system-membership