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Port Ewen Fire District – Financial Management (2024M-157)

… As a result, the Board did not have sufficient information to adequately oversee the District’s financial activities and … options may have resulted in greater investment earnings. For example, the District’s investment earnings totaled $968, … Develop realistic budgets, which caused appropriations to be overestimated by an average of $190,817 (35 percent) …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/03/port-ewen-fire-district-financial-management-2024m-157

Town of Pittsfield – Supervisor's Records and Reports (2024M-80)

… (Supervisor) maintained complete, accurate and up-to-date accounting records and reports. Key Findings The Supervisor did not maintain complete, accurate and up-to-date accounting records and reports. Without accurate, … 2022 AFR was inaccurate. Provide the Board with records for the annual audit, as required by New York State Town Law …

https://www.osc.ny.gov/local-government/audits/town/2024/09/27/town-pittsfield-supervisors-records-and-reports-2024m-80

Village of Farmingdale - Procurement, Claims Audit and Check Signing (2018M-100)

Village of Farmingdale Procurement Claims Audit and Check Signing 2018M100

https://www.osc.ny.gov/local-government/audits/village/2017/10/26/village-farmingdale-procurement-claims-audit-and-check-signing-2018m-100

Lake Placid Central School District – Investment Program (2023M-94)

… investment program. The Assistant Superintendent for Business, Finance and Support Services (Assistant …

https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/lake-placid-central-school-district-investment-program-2023m-94

VII.10.C Reducing a Cash Advance – VII. State Revenues and Appropriated Loan Receivables

… be required by OSC. Any State agency that is expected to discontinue operations must return the full amount of the … Prepare a check in the amount of the reduction payable to the Commissioner of Taxation and Finance. Create an AP … Vouchers of this Chapter for the amount of the reduction to the advance. The Special Use Vendor ID, fund, program, and …

https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10c-reducing-cash-advance

Tioga County – Social Service Contracts (2023M-162)

… contract terms or were aware and allowed the contract to continue without termination as follows: One agency … decrease in services provided by an agency went unnoticed for four months. Officials did not ensure a contract price … were not always met and the impact of services intended to improve the well-being of residents is reduced. If …

https://www.osc.ny.gov/local-government/audits/county/2024/03/29/tioga-county-social-service-contracts-2023m-162

Village of Herkimer – Clerk-Treasurer's Records and Reports (2024M-136)

… the Board or comply with New York State General Municipal Law Section 30 by filing required Annual Financial Reports … records and reports, as required by New York State Village Law (Village Law) Section 4-408(e). Key Recommendations The audit report …

https://www.osc.ny.gov/local-government/audits/village/2025/03/14/village-herkimer-clerk-treasurers-records-and-reports-2024m-136

Cooperstown Central School District – Financial Management (2024M-65)

… budgetary entries and could have used reserve funds to pay for related expenditures, but instead paid these expenditures …

https://www.osc.ny.gov/local-government/audits/school-district/2024/10/04/cooperstown-central-school-district-financial-management-2024m-65

New York State Common Retirement Fund

… For a breakdown of the retirement system, see NYSLRS Fact Sheet . State Pension Fund Posts Strong 11.94% Annual Return, …

https://www.osc.ny.gov/common-retirement-fund

Malverne Union Free School District – Extra-Classroom Activity Funds (2024M-84)

… the central treasurer did not properly collect, record, deposit and disburse ECA funds. The central treasurer did not … treasurers issued receipts for cash collections; 47 deposit request forms totaling $113,667 did not contain … logs from the safes where club money was placed before deposit and club advisors did not ensure student treasurers …

https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/malverne-union-free-school-district-extra-classroom-activity-funds-2024m

Village of Schoharie - Board Oversight (2018M-184)

… comp time leave accrual that address the accrual, use and payout of comp time. Except as specified in Appendix A, …

https://www.osc.ny.gov/local-government/audits/village/2018/12/21/village-schoharie-board-oversight-2018m-184

Mount Markham Central School District – Financial Management (2020M-39)

… Develop and adopt budgets that include realistic estimates for expenditures. Discontinue the practice of adopting … that appropriate fund balance that is not needed or used to fund District operations. Periodically review and update …

https://www.osc.ny.gov/local-government/audits/school-district/2020/06/26/mount-markham-central-school-district-financial-management-2020m-39

DiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter

… State Common Retirement Fund (Fund) was $274.6 billion at the end of the second quarter of state fiscal year … York State Common Retirement Fund Fund was $2746 billion at the end of the second quarter of state fiscal year 202425 …

https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarter

Cost-Saving Ideas: Establishing an Effective Fleet Management System

… Deal: A Case Study You may need to make a determination on what type of vehicle is needed. A general rule of thumb is … new compact models, they had more options (such as power windows and locks) and a smoother ride than their newer … bills of sale, maintenance records and fuel records. Based on this analysis, the average cost of operating a new …

https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-establishing-effective-fleet-management-system

Village of Sloan – Clerk-Treasurer (2024M-109)

… also did not provide timely or accurate financial reports to the Board of Trustees (Board). As a result, the Board may … on the monthly Treasurer’s reports, that were provided to the Board approximately six weeks after month-end, were not accurate. For example, the general fund cash balance was repeatedly …

https://www.osc.ny.gov/local-government/audits/village/2024/11/15/village-sloan-clerk-treasurer-2024m-109

Village of Cedarhurst – Transparency of Fiscal Activities (S9-24-19)

… Reported the results of the Village’s fiscal activities to the public in a transparent manner. Key Findings The Board did not: Conduct an annual audit, or cause to be audited, the CFO’s 2022-23 financial records and … entries totaling $5.5 million were not properly recorded. For example, payroll and health insurance amounts, and the …

https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-cedarhurst-transparency-fiscal-activities-s9-24-19

Village of Hoosick Falls – Transparency of Fiscal Activities (S9-24-16)

… the Village Chief Fiscal Officer’s (CFO) financial records and reports, Filed the required Annual Financial Report … (AFR) with the Office of the State Comptroller (OSC), and Reported the results of the Village’s fiscal activities … the public regarding the condition of the CFO’s records and the Village’s fiscal activities. As a result, taxpayers …

https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-hoosick-falls-transparency-fiscal-activities-s9-24-16

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