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Town of Taylor – Financial Management (2016M-391)
… Purpose of Audit The purpose of our audit was to assess the Board’s oversight and financial management of … available fund balance or established formal plans to address the excessive fund balance levels. The Board did not know it was required to annually audit the Supervisor's records. The bookkeeper …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-taylor-financial-management-2016m-391Hawthorne Cedar Knolls Union Free School District – Financial Condition (2023M-4)
… School District’s (District’s) Board of Education (Board) and officials effectively managed the District’s financial condition. Key Findings The Board and officials did not effectively manage the District’s … a result, the District had a deficit general fund balance in each of the last five fiscal years, averaging more than …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/hawthorne-cedar-knolls-union-free-school-district-financial-conditionNewark Central School District – Employee Benefits (2024M-40)
… did not always accurately calculate separation payments and did not ensure an independent review of separation … performed. Therefore, calculation errors went undetected and resulted in erroneous and missed payments. Of the 41 employees we …
https://www.osc.ny.gov/local-government/audits/school-district/2024/07/19/newark-central-school-district-employee-benefits-2024m-40Seaford Fire District – Length of Service Award Program (2014M-319)
… year was $113,300. Key Findings The District’s LOSAP point system is not consistent with New York State General … the records maintained for activities performed under the point system were accurate and complete. Key Recommendations Review and amend the District’s point system to ensure it is consistent with GML. Ensure that …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/01/21/seaford-fire-district-length-service-award-program-2014m-319Town of East Greenbush – Justice Court Operations (2016M-60)
… 30, 2015. Background The Town of East Greenbush is located in Rensselaer County and has a population of approximately 16,500. The Town, which … in 2014 totaled approximately $598,000 for fines, fees and surcharges and $42,000 for bail. Key Findings Court …
https://www.osc.ny.gov/local-government/audits/justice-court/2016/05/06/town-east-greenbush-justice-court-operations-2016m-60Opinion 95-22
… in the manner prescribed by the special act (see 1992 Opns St Comp No. 92-7, p 15; 1991 Opns St Comp No. 91-29, p 84; 1989 Opns St Comp No. 89-11, p 23; 1983 Opns St Comp No. 83-120, p 151; …
https://www.osc.ny.gov/legal-opinions/opinion-95-22Examples from GASB Statement 34 - Statement of Cash Flows
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … Enterprise Funds Governmental Activities Water and Sewer Parking Facilities Totals Internal Service Funds … FINANCING ACTIVITIES: Operating subsidies and transfers to other funds (290,000) (211,,409) …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-cash-flowsCity of Amsterdam – Budget Review (B25-5-5)
… exceed $8.3 million to liquidate the cumulative deficits in the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. … which it was authorized to issue the deficit obligations, and for each subsequent fiscal year during which the deficit …
https://www.osc.ny.gov/local-government/audits/city/2025/05/15/city-amsterdam-budget-review-b25-5-5Village of Spencer – Board Oversight (2017M-292)
… adequate oversight of the Village’s financial operations for the period June 1, 2014 through October 10, 2017. …
https://www.osc.ny.gov/local-government/audits/village/2018/04/13/village-spencer-board-oversight-2017m-292Syracuse City School District – Claims Audit Process (2016M-290)
… Background The Syracuse City School District is located in the City of Syracuse, Onondaga County, and is a component unit of the City. The District, which … Ensure that the purchasing officer generates and approves purchase orders prior to the District ordering …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/21/syracuse-city-school-district-claims-audit-process-2016m-290Panama Central School District – Financial Management (2016M-271)
… Chautauqua County. The District, which operates one school with approximately 500 students, is governed by an elected … Ensure that unrestricted fund balance complies with the statutory limit and develop a plan to use the …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/02/panama-central-school-district-financial-management-2016m-271George Junior Republic Union Free School District – Tuition Billing (2015M-325)
… Junior Republic Union Free School District is located in the Town of Freeville in Tompkins County and operates three schools with approximately 190 students. … to residents of the William George Agency for Children and to students bused from area school districts. Budgeted …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/29/george-junior-republic-union-free-school-district-tuition-billing-2015mVillage of Waverly – Financial Condition (2014M-137)
… our audit was to examine the Village’s budgeting practices and financial condition for the period June 1, 2012 through … 22, 2014. Background The Village of Waverly is located in the Town of Barton, in Tioga County. The Village, which is … $4 million. Key Finding The Board did not develop and adopt realistic, structurally balanced general fund …
https://www.osc.ny.gov/local-government/audits/village/2014/08/15/village-waverly-financial-condition-2014m-137Greenburgh-North Castle Union Free School District - Financial Management (2018M-108)
… report - pdf] Audit Objective Determine whether the Board and District officials effectively managed the District’s … may be impacted due to decreased enrollment, resulting in decreased revenues. District officials did not: Perform … perform budget transfers after appropriate Board approval and provide the Board with budget status reports. Officials …
https://www.osc.ny.gov/local-government/audits/school-district/2018/11/02/greenburgh-north-castle-union-free-school-district-financial-managementTown of Allen - Town Clerk Fees (2016M-28)
… of approximately 450. The Town is governed by a five-member Town Board. Budgeted appropriations for 2016 total … $481,000. Key Findings The Clerk did not routinely issue duplicate receipts or prepare monthly accountability … audits of the Clerk’s records. Key Recommendations Issue duplicate receipts and prepare an accountability analysis …
https://www.osc.ny.gov/local-government/audits/town/2016/07/01/town-allen-town-clerk-fees-2016m-28Town of Cincinnatus – Financial Operations (2016M-238)
… 29, 2016. Background The Town of Cincinnatus is located in Cortland County and has approximately 1,040 residents. The Town is governed … Budgeted appropriations for the general, highway, water and lighting funds total $656,407 for 2016. Key Findings The …
https://www.osc.ny.gov/local-government/audits/town/2016/10/28/town-cincinnatus-financial-operations-2016m-238Elmont Union Free School District – Financial Condition (2017M-82)
… of unrestricted fund balance that is not needed and not used to fund District operations. …
https://www.osc.ny.gov/local-government/audits/school-district/2017/07/21/elmont-union-free-school-district-financial-condition-2017m-82Opinion 96-18
… of express statutory authority ( McCabe v Voorhis , 243 NY 401; Mills v Sweeney , 219 NY 213; Kupferman v Katz , 19 … moneys may not be expended for such purposes (1991 Opns St Comp No. 91-58, p 160; 1990 Opns St Comp No. 90-64, p 145; 1988 Opns St Comp No. 88-70, p 137; …
https://www.osc.ny.gov/legal-opinions/opinion-96-18XII.6.J Paying a Refund – XII. Expenditures
… OVERVIEW AND POLICIES This section informs Business Units how to process vouchers to refund revenue received. New York State often collects … Requesting a Single Payment Vendor ID for instructions on how to obtain a single payment vendor ID. Refer to Section 5 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6j-paying-refundDiNapoli Releases Bond Calendar for Second Quarter
… Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public … Comptroller Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-releases-bond-calendar-second-quarter