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Fayetteville-Manlius Central School District – Professional Services (2020M-115)
… School District (District) officials sought competition for procurement of professional services. Audit Results With … minor exceptions, District officials sought competition for professional services. Key Recommendation Continue to review and update the request for proposal (RFP) timetable and ensure all professional …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/fayetteville-manlius-central-school-district-professional-services-2020mState Comptroller DiNapoli Releases School and Local Government Audits
… (Steuben County) The follow-up review was limited to interviews with town personnel and inspection of certain documents related to the issues identified in an initial audit. Based on those … capital and financial plans, which provide a framework to assess the town’s capital and financial needs and identify …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-school-and-local-government-auditsLGAC - Archive of Prior Meetings
… meeting of the Corporation’s Board of Directors scheduled for March 18, 2014 was postponed. The rescheduled meeting was …
https://www.osc.ny.gov/debt/lgac/archive-prior-meetingsDiNapoli: 1st Quarter State Tax Receipts Modestly Higher Than Division of Budget Projections
… receipts totaled $29.9 billion through the first quarter of State Fiscal Year (SFY) 2024-25, $594 million higher than estimates released by the Division of the Budget (DOB) in the Enacted Budget Financial Plan. In … 2023-24, reflecting, in part, the impact of employment and wage growth on withholding collections as well as the …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-1st-quarter-state-tax-receipts-modestly-higher-division-budget-projectionsDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… State tax receipts totaled $27.6 billion through the first quarter … up, consumer spending has slowed in recent months and some tax collections are showing signs of weakness. My office will continue to closely monitor economic …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated … Fund’s value to an estimated $254.8 billion. “The state pension fund rode the market rebound from the depths of the … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli: State Pension Fund Value $192 Billion
… ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … long term asset allocation. We continue to manage one of best funded, best performing pension plans in the nation … domestic and non-U.S. equities enjoyed overall returns of 17.01 percent. The Fund’s broader approach to fixed income …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionComptroller DiNapoli Releases State Audits
… 46 to 64 percent of the students sampled did not meet one or more of the SED requirements. In a follow-up report, … costs that were either ineligible expenses, not reasonable or necessary, not properly documented, or incorrectly reported. State Education Department: Unity …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-state-auditsCost-Saving Ideas: Establishing an Effective Fleet Management System
… may require more frequent and costly maintenance than new vehicles. A real life example follows: A county was faced … the choice of either purchasing used mid-sized vehicles or new compact models for use by departmental staff. The used … 30,000 miles. Costing about the same or slightly less than new compact models, they had more options (such as power …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-establishing-effective-fleet-management-systemState Comptroller DiNapoli Releases School District Audits
… Thomas P. DiNapoli today announced the following school audits have been issued. Dansville Central School District – Information Technology and Non-Instructional … (Delaware County) Auditors commended district officials for researching and implementing shared services with other …
https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-school-district-auditsEscalation – Article 14 Benefits
… Escalation is the annual increase or decrease of a benefit, based on the cost-of-living index. Service retirement benefits can be eligible for either full or partial escalation. If a … is the first day of the month following the date you become eligible for that benefit. For death benefit payments, …
https://www.osc.ny.gov/retirement/publications/1644/escalationYorkshire-Pioneer Central School District – Financial Management (2015M-352)
… Central School District is located in the Towns of Arcade, Eagle, Java, Sheldon and Wethersfield in Wyoming …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/15/yorkshire-pioneer-central-school-district-financial-management-2015m-352Belleville-Henderson Central School District – Financial Condition (2016M-46)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period … Board has not developed a written plan that communicates to taxpayers the optimal funding levels or conditions under … Return any excess funds in the tax certiorari reserve to the unrestricted fund balance in the general fund. … …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/belleville-henderson-central-school-district-financial-condition-2016m-46Letchworth Central School District – Financial Management (2013M-332)
… Purpose of Audit The purpose of our audit was to examine the District’s financial management for the period … of fund balance in each of the last five fiscal years to reduce the tax levy, the Board over-estimated expenditures … officials also used some of the annual operating surpluses to fund eight general fund reserves and one debt reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/31/letchworth-central-school-district-financial-management-2013m-332East Rochester Union Free School District – Financial Management and Separation Payments (2016M-97)
… November 24, 2015. Background The East Rochester Union Free School District is located in the Towns of East … evidence of appropriate review. … East Rochester Union Free School District Financial Management and Separation …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/east-rochester-union-free-school-district-financial-management-andBuffalo City School District – Special Education and Grant Administration (2017M-73)
… of costs to claim Excess Cost Aid. Key Recommendations Bill school districts of residence for nonresident students …
https://www.osc.ny.gov/local-government/audits/school-district/2017/06/30/buffalo-city-school-district-special-education-and-grant-administrationSalem Central School District – Internal Controls Over Extra-Classroom Activity Funds (2013M-394)
… internal controls over extra-classroom activity funds for the period July 1, 2012 through June 30, 2013. Background … five elected members. The District’s budgeted expenditures for the 2012-13 fiscal year totaled approximately $11.1 … adopt and implement appropriate policies and procedures for the extra-classroom activity fund. The audit identified …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/salem-central-school-district-internal-controls-over-extra-classroomGenesee Valley Central School District – Reserve Accounts and Extra-Classroom Activities (2014M-56)
… The Genesee Valley Central School District is located in Allegany County and is governed by an elected seven-member … and reasonable, and develop a plan for using these amounts in a manner that benefits District taxpayers and complies … There are no recommendations pertaining to ECAs in this report. … Genesee Valley Central School District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/27/genesee-valley-central-school-district-reserve-accounts-and-extraTown of Butternuts – Highway Facility Capital Project (2021M-94)
… should have been competitively bid in accordance with New York State General Municipal Law (GML). Obtain an RFP and …
https://www.osc.ny.gov/local-government/audits/town/2022/01/07/town-butternuts-highway-facility-capital-project-2021m-94Town of Eastchester – Parking Ticket Collections (2012M-246)
… Purpose of Audit The purpose of our audit was to examine the Court receivables for parking offenses for the period January 1, 2010, to May 31, 2012. Background The Town of Eastchester is … Board including the Town Supervisor. From January 1, 2011, to May 31, 2012, Town employees issued over 23,600 parking …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-eastchester-parking-ticket-collections-2012m-246