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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
… disbursements totaling $44,395, were recorded by the ECA clubs or that 16 deposits totaling $23,680 were deposited in …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-school-and-local-government-auditsLGAC - Archive of Prior Meetings
… Meetings Archive There were public meetings of the Finance Committee and Board of Directors on March 5, 2020. The meeting notices and agenda are below: Finance Committee Meeting Notice Board of Directors Meeting Notice Agenda There were public meetings of the Finance Committee and Board of Directors on January 9, 2020. The …
https://www.osc.ny.gov/debt/lgac/archive-prior-meetingsDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… equities, fixed income, real estate and alternative instruments and has consistently been ranked as one of the …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: 1st Quarter State Tax Receipts Modestly Higher Than Division of Budget Projections
State tax receipts totaled $299 billion through the first quarter of State Fiscal Year SFY 202425 $594 million higher than estimates released by the Division of the Budget DOB in the Enacted Budget Financial Plan
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-1st-quarter-state-tax-receipts-modestly-higher-division-budget-projectionsDiNapoli: State Pension Fund Value $192 Billion
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement … State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… in part, the impact of slower income growth and financial market volatility in 2022 on collections from returns in …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterComptroller DiNapoli Releases State Audits
… that can be made in each area. New York City Department of Education (DoE): Compliance With State Arts Education … (SED) regulations. Auditors found that 46 to 64 percent of the students sampled did not meet one or more of the SED requirements. In a follow-up report, auditors …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-state-auditsDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… state pension fund rode the market rebound from the depths of the pandemic and enjoyed the largest one-year investment … outsized return reinforces the Fund’s position as one of the strongest in the nation, but it comes with a caution. … The Fund's value reflects retirement and death benefits of $13.66 billion paid out during the fiscal year. Employer …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyComptroller DiNapoli Releases School Audits
… reflected the actual cash balance for 2016-17 and 2017-18. Waterloo Central School District – Financial Condition …
https://www.osc.ny.gov/press/releases/2019/10/comptroller-dinapoli-releases-school-auditsEscalation – Article 14 Benefits
… or decrease of a benefit, based on the cost-of-living index. Service retirement benefits can be eligible for either … equal to the increase or decrease in the cost-of-living index or 3 percent, whichever is less. However, a benefit …
https://www.osc.ny.gov/retirement/publications/1644/escalationState Comptroller DiNapoli Releases School District Audits
… funding levels resulting in overfunded reserves that are not used. Auditors found the district’s retirement … debt, repair, property loss and liability, and insurance reserves with balances totaling $3.5 million are … Livingston Manor Central School District – Cost-Effective Expenditure Control (Delaware County) Auditors commended …
https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-school-district-auditsBelleville-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-46Salem Central School District – Internal Controls Over Extra-Classroom Activity Funds (2013M-394)
… documented by both parties. Duplicate press-numbered receipts for the remittances received from the student … Ensure that all extra-classroom activity fund cash receipts are supported by appropriate documentation. Use pre-numbered receipts for all extra-classroom activity fund receipts. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/28/salem-central-school-district-internal-controls-over-extra-classroomLetchworth Central School District – Financial Management (2013M-332)
… fiscal year total $17.4 million. Key Findings For the five fiscal years ending June 30, 2013, District officials … appropriated $300,000 of fund balance in each of the last five fiscal years to reduce the tax levy, the Board … totaled $10.5 million and $1.4 million, respectively. Five of these reserves are over-funded. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/31/letchworth-central-school-district-financial-management-2013m-332Village of Painted Post – Board Oversight (2017M-92)
… October 24, 2016. Background The Village of Painted Post is located in the Town of Erwin in Steuben County and … Village of Painted Post Board Oversight 2017M92 …
https://www.osc.ny.gov/local-government/audits/village/2017/08/11/village-painted-post-board-oversight-2017m-92Genesee Valley Central School District – Reserve Accounts and Extra-Classroom Activities (2014M-56)
… Purpose of Audit The purpose of our audit was to evaluate reserve fund management practices and internal … than $4.3 million, the District’s preliminary plan failed to include a clear and detailed rationale for maintaining the … requirements. There are no recommendations pertaining to ECAs in this report. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/27/genesee-valley-central-school-district-reserve-accounts-and-extraCounty of Putnam – Recreation and Golf Course Collections (2024M-50)
… and Recreation Department (Department) and Putnam County Golf Course (Golf Course) recorded, deposited, remitted and reported … were supported. Key Findings The County’s Department and Golf Course did not always record, deposit, remit … and Recreation Department Department and Putnam County Golf Course Golf Course recorded deposited remitted and …
https://www.osc.ny.gov/local-government/audits/county/2024/09/20/county-putnam-recreation-and-golf-course-collections-2024m-50Village of Sloan – Clerk-Treasurer (2024M-109)
… were not accurate. For example, the general fund cash balance was repeatedly understated by over $70,000 and the capital projects fund cash balance was repeatedly understated by over $33,000.Had the …
https://www.osc.ny.gov/local-government/audits/village/2024/11/15/village-sloan-clerk-treasurer-2024m-109Rush-Henrietta Central School District – Credit Cards and Purchase Cards (2024M-122)
… paid prior to audit and approval by the claims auditor. 355 charges totaling $104,258 required pre-approval but were …
https://www.osc.ny.gov/local-government/audits/school-district/2025/01/03/rush-henrietta-central-school-district-credit-cards-and-purchase-cards-0