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State Comptroller DiNapoli Releases Municipal & School Audits
… (Oswego County) The board did not adopt realistic budgets or manage fund balance. As a result, more taxes were levied … with balances ranging between $839,530 and $1.1 million, or between 109% and 124% of the ensuing year’s budget. The board did not consider historical or known trends of revenues and expenditures when developing …
https://www.osc.ny.gov/press/releases/2024/02/state-comptroller-dinapoli-releases-municipal-school-audits-0Federal Relief Aid Temporarily Reverses Trend of NY Sending More to Washington Than It Gets Back
… Historic relief funds from the federal government, provided in response to … outcome for all Americans. “The influx of federal relief funds was critical to helping states manage through the … done to achieve a more equitable distribution of federal funds to New York.” For every tax dollar paid to Washington, …
https://www.osc.ny.gov/press/releases/2022/03/federal-relief-aid-temporarily-reverses-trend-ny-sending-more-washington-it-gets-backDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… thanks to strong market returns and the influx of federal funds,” DiNapoli said. “The city should capitalize on this … three years. The city may be able to push unspent funds into the out-years to reduce gaps further. Reviewing … This may also allow the incoming administration to route funds to newly proposed initiatives to tackle evolving …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidState Comptroller DiNapoli Releases Municipal Audits
… in the “town-wide” and “town-outside-village” general funds. Town-wide funds are used for the benefit of residents of the entire town, including the village. Town-outside-village funds are used only for the benefit of residents in the …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-municipal-audits-0Opinion 2002-7
… or statutory authority (see, e.g., McCabe v Voorhis , 243 NY 401; Citizens For An Orderly Energy Policy v County of …
https://www.osc.ny.gov/legal-opinions/opinion-2002-7Opinion 88-70
… in connection with financing these improvements if the funding for the improvements is derived from the proceeds of …
https://www.osc.ny.gov/legal-opinions/opinion-88-70State Comptroller DiNapoli Releases Municipal & School Audits
… occur. The clerk-treasurer also did not properly account for three bank account balances totaling $1.1 million on May … The supervisor also did not provide the board with records for the annual audit, as required. Had the accounting records … to the court and then delivered to the county treasurer for safekeeping. Together, the treasurer, county clerk and …
https://www.osc.ny.gov/press/releases/2024/10/state-comptroller-dinapoli-releases-municipal-school-auditsXI.3 Submission of Agency Purchase Orders – XI. Procurement and Contract Management
… Documents Submission System (EDSS) Hosting Access (AC3347) form for the required EDSS system access. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi3-overviewTown of Wawayanda – Financial Operations (2024M-160)
… for all funds to $7.7 million as of the end of 2023 or 118 percent of the 2024 appropriations. The Board did not … Board did not develop a written multiyear financial plan or develop a comprehensive capital plan that addresses … financial risks and the affordability of new services and/or capital investments. The Board did not request and is not …
https://www.osc.ny.gov/local-government/audits/town/2025/04/25/town-wawayanda-financial-operations-2024m-160West Valley Central School District - Financial Management (2018M-7)
… include realistic appropriation estimates. Reduce reserve funds to reasonable levels and use the money in the debt …
https://www.osc.ny.gov/local-government/audits/school-district/2018/07/06/west-valley-central-school-district-financial-management-2018m-7Taconic Hills Central School District – Financial Management (2019M-155)
… comply with the statutory limit and use the excess funds in a manner more beneficial to taxpayers. … Determine whether …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/25/taconic-hills-central-school-district-financial-management-2019m-155Town of Berne – Procurement (2014M-147)
… February 28, 2014. Background The Town of Berne is located in Albany County and has a population of approximately 2,800. … update the policies annually. Tested purchases were made in compliance with the procurement policy. Key …
https://www.osc.ny.gov/local-government/audits/town/2014/07/18/town-berne-procurement-2014m-147Real Estate
… 1150 Chevy Chase, MD 20815 (202) 370-7450 www.artemisrep.com Leadership: Anar Chudgar, Jim Smith, Aaron Hancock … the emerging managers on behalf of the Fund The partners source perform due diligence and recommend managers …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/real-estateCity of Long Beach – Budget Review (B21-7-6)
… and expenditure projections in the City’s proposed budget for the 2021-22 fiscal year are reasonable, and whether the … fund operating deficits to submit their proposed budgets for the next fiscal year to the State Comptroller for review while the deficit obligations are outstanding. Key …
https://www.osc.ny.gov/local-government/audits/city/2021/05/12/city-long-beach-budget-review-b21-7-6City of Long Beach – Budget Review (B17-7-9)
… deficit in the City’s general fund and certain other funds as of June 30, 2012. Local Finance Law requires all …
https://www.osc.ny.gov/local-government/audits/city/2017/05/11/city-long-beach-budget-review-b17-7-9XI.8.B Multi-Agency Contracts – XI. Procurement and Contract Management
… based upon whether Office of the State Comptroller (OSC) approval is required for individual agency usage of the … in order to create an accurate NYS Contract #. The OSC Bureau of Contracts can provide assistance in making this determination (see Chapter I, Section 5 - OSC Bureau Contact Information of this Guide for contact …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8b-multi-agency-contractsOpinion 93-17
… NOTES -- Permissible Uses (pre-payment of certain employer retirement contributions) -- Referendum Requirements (for … the pre-payment of amounts due the State Employees' Retirement System and the State Teachers' Retirement System, …
https://www.osc.ny.gov/legal-opinions/opinion-93-17Small Businesses and the Economic Recovery: Work in Progress
… of small businesses surveyed reported little to no effect or even a positive effect from the pandemic. One in five … 2019, the number of small businesses grew by 12.1 percent or 43,510 firms, with the number of employees rising by almost 473,000 or 13 percent. (See Figure 6.) While employment grew more …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressDiNapoli: Executive Budget Reduces Out-Year Gaps, Diminishes Independent Oversight
… billion in All Funds spending. The budget proposal comes at a time of significant risk involving the federal budget. … threatens much of that funding. Total revenue is projected at $160.4 billion, an increase of 4.4 percent. Although DOB … Polytechnic Institute. Includes proposals to raise the age of juvenile jurisdiction, reduce pre-trial detention of …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-executive-budget-reduces-out-year-gaps-diminishes-independent-oversightDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… a $3.4 billion surplus for city fiscal year (FY) 2021 because of better-than-projected revenues from income … to fiscal balance.” In June 2020, the city adopted its FY 2021 budget running from July 1, 2020, to June 30, 2021. Budgetary balance in FY 2021 was enabled by one-shot …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-looming