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Lancaster Central School District – Financial Condition (2016M-101)

… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period … The written policy for reserves does not address how the suitable balance for each of the reserves will be … policy by indicating the amount of funds to be reserved, how each reserve will be funded and when the balances will be …

https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/lancaster-central-school-district-financial-condition-2016m-101

East Meadow Union Free School – Overtime (2022M-118)

… employees were paid $194,514 for overtime worked up to 20 days without supervisory approval. District officials … also increase the amount owed by the District annually to the State, for its share of the cost of the employees’ …

https://www.osc.ny.gov/local-government/audits/school-district/2023/02/24/east-meadow-union-free-school-overtime-2022m-118

Fairport Public Library – Financial Management (2014M-354)

… Purpose of Audit The purpose of our audit was to review the Library’s financial management for the period July 1, 2012 … Implement claims audit procedures to ensure that the Board audits and approves all claims for payment before …

https://www.osc.ny.gov/local-government/audits/library/2015/06/12/fairport-public-library-financial-management-2014m-354

Town of Gilboa – Real Property Tax Exemptions Administration (2024M-81)

… the exemptions totaling $667,938 that the Assessor granted to 23 property owners. We determined that 85 of the … totaling approximately $644,523 that were granted to the 23 property owners lacked one or more pieces of documentation the Assessor and we needed to verify the property owners met the exemption criteria. As …

https://www.osc.ny.gov/local-government/audits/town/2024/09/13/town-gilboa-real-property-tax-exemptions-administration-2024m-81

State Agencies Bulletin No. 1892

… 15-T , withholding for employees with the 2019 version of Form W-4 or earlier will be calculated using $4,200 for each … and employees changing their withholding must use the new Form W-4, which does not use allowances. Please refer to … first paid wages before 2020 and has not submitted a new Form W-4 for 2020 or later. If the NRA employee was first …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1892-summary-tax-related-changes-2021

Cassadaga Valley Central School District – Financial Condition (2013M-249)

… The Cassadaga Valley Central School District is located in Chautauqua County. The District is governed by the Board … officials consistently over-estimated expenditures in the general fund by a total of $6.3 million over the … balance that the Board appropriated as a funding source in the general fund budgets for the same five-year period. …

https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/cassadaga-valley-central-school-district-financial-condition-2013m-249

Town of Westfield - Real Property Acquisition (2019M-119)

… Appendix B includes our comment on an issue raised in the Town’s response. … Determine whether Town officials …

https://www.osc.ny.gov/local-government/audits/town/2019/11/22/town-westfield-real-property-acquisition-2019m-119

LaFargeville Central School District – Financial Condition (2016M-216)

… Purpose of Audit The purpose of our audit was to assess the District`s financial condition for the period July 1, 2014 through … District officials appropriated about $1 million of fund balance in each of the past three fiscal years but the …

https://www.osc.ny.gov/local-government/audits/school-district/2016/09/23/lafargeville-central-school-district-financial-condition-2016m-216

Orleans Niagara Board of Cooperative Educational Services – Financial Management (2016M-72)

… The Orleans Niagara Board of Cooperative Educational Services (BOCES) is a governmental entity covering the area … Board intends to transfer in the proposed budget. Review all reserves and determine if the amounts reserved are necessary and reasonable. To the extent that …

https://www.osc.ny.gov/local-government/audits/boces/2016/08/18/orleans-niagara-board-cooperative-educational-services-financial-management-2016m

Maple Avenue Volunteer Fire Company #4 – Cash Disbursements (2016M-118)

… if cash disbursements were properly approved and made for appropriate Company purposes for the period January 1, 2014 through January 31, 2016. … Fire District and provides fire protection services for portions of the Towns of Greenfield and Wilton in …

https://www.osc.ny.gov/local-government/audits/fire-district/2016/06/03/maple-avenue-volunteer-fire-company-4-cash-disbursements-2016m-118

Opinion 92-4

… their firemanic functions, the nature of the supervision is such that the fire district has reasonable assurance that it is realizing sufficient benefits to justify the expenditure and the cost is reasonable in relation to the benefits received by the …

https://www.osc.ny.gov/legal-opinions/opinion-92-4

What Is a Claim? – Improving the Effectiveness of Your Claims Auditing Process

… that have been provided. A claim generally must be in writing and can be in any reasonable form prescribed by the local government or school district, so long as it is … in processing and subsequent filing of claims as public records. The combination of original invoices, …

https://www.osc.ny.gov/local-government/publications/claims-auditing-process/what-claim

DiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter

… and real assets at 13.93%, and credit, absolute return strategies, and opportunistic alternatives at 8.39%. The …

https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarter

City of Elmira – Financial Condition (2017M-90)

… [ read complete report - pdf ] Purpose of Audit The purpose of our audit was to examine the City’s financial condition … 2017. Background The City of Elmira is located in Chemung County and has a population of approximately 28,200. The City …

https://www.osc.ny.gov/local-government/audits/city/2017/08/04/city-elmira-financial-condition-2017m-90

Wallace Fire District – Board Oversight (2024M-126)

… whether the Wallace Fire District (District) Board of Fire Commissioners (Board) provided adequate oversight of the District’s financial operations. Key Findings The Board did not provide adequate oversight of the District’s financial operations. We determined that: …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/04/04/wallace-fire-district-board-oversight-2024m-126

West Ghent Volunteer Fire Company – Treasurer’s Activities (2016M-48)

… was to evaluate controls over the Treasurer’s activities for the period January 1, 2013 through August 12, 2014. … policy to describe proper credit card usage, dollar limits for purchases or documentation required to be maintained to … did not maintain complete and accurate records to account for all of the Company’s financial activities and did not …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2017/11/03/west-ghent-volunteer-fire-company-treasurers-activities-2016m

Village of Endicott – Budget Review (B4-15-11)

… budget for the general, electric, library and parking funds are reasonable. The water and sewer funds’ tentative budgets are not balanced and include a … Address the deficits in the water and sewer funds to avoid adopting unbalanced budgets that include …

https://www.osc.ny.gov/local-government/audits/village/2015/04/13/village-endicott-budget-review-b4-15-11

Town of Otselic – Selected Financial Operations (2012M-220)

… Purpose of Audit The purpose of our audit was to review the Board’s oversight of selected … Background The Town of Otselic is located in Chenango County with a population of 1,054 residents. The Town is …

https://www.osc.ny.gov/local-government/audits/town/2013/03/08/town-otselic-selected-financial-operations-2012m-220