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Opinion 2002-7
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. LIBRARIES -- … 83-32, p 37; see also Opn No. 87-49, supra). Therefore, we have expressed the opinion that library fund monies remain …
https://www.osc.ny.gov/legal-opinions/opinion-2002-7Opinion 88-70
… of express statutory authority ( McCabe v Voorhis , 243 NY 401, 153 NE 849; Mills v Sweeney , 219 NY 213, 114 NE 65; Greene v Town Board of Town of Warrensburg …
https://www.osc.ny.gov/legal-opinions/opinion-88-70State Comptroller DiNapoli Releases Municipal & School Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. … officials reduced surplus fund balance from 19% as of June 30, 2015 to 8% as of June 30, 2023, they consistently … financial reports (AFRs) be filed with the Comptroller’s Office. Further, the village board did not annually audit the …
https://www.osc.ny.gov/press/releases/2024/10/state-comptroller-dinapoli-releases-municipal-school-auditsTown of Wawayanda – Financial Operations (2024M-160)
… budget officer. The Supervisor is responsible for ensuring that day-to-day financial activities are recorded in the accounting system. The Board appointed a Supervisor’s … this level of unrestricted fund balance. As a result, real property tax obligations for Town residents were likely …
https://www.osc.ny.gov/local-government/audits/town/2025/04/25/town-wawayanda-financial-operations-2024m-160XI.3 Submission of Agency Purchase Orders – XI. Procurement and Contract Management
… additional information). This section provides guidance on State agency creation and submission of these transactions … purchases that exceed the OSC approval thresholds and do not require a formal contract document beyond the standard … field. Process for Host/Hosted Agencies: Agencies that have been authorized by another agency to act as a Host …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi3-overviewWest Sparta Independent Volunteer Fire Department Company Number 1, Inc. – Board Oversight (2025M-44)
… cash 1 totaled $259,178. Audit Summary The Board did not have the necessary information it needed to help ensure that … provide adequate oversight of financial operations, they have placed Department resources at risk of waste and theft. … it to our office within 90 days. For more information on preparing and filing your CAP, please refer to our …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2025/08/29/west-sparta-independent-volunteer-fire-department-companyWest Valley Central School District - Financial Management (2018M-7)
… percent) over a three-year period. The reserve fund policy does not adequately address funding levels which has resulted in reserves being overfunded and … estimates. Reduce reserve funds to reasonable levels and use the money in the debt reserve to pay the …
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)
… [read complete report - pdf] Audit Objective Determine whether the Board and … Recommendations Adopt budgets with reasonable estimates for revenues and appropriations and the amount of fund …
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)
… internal controls over the Town’s purchasing practices for the period January 1, 2013 through February 28, 2014. … Background The Town of Berne is located in Albany County and has a population of approximately 2,800. The Town is … an elected five-member Town Board. Budgeted appropriations for 2014 for the general and highway funds total $2.2 …
https://www.osc.ny.gov/local-government/audits/town/2014/07/18/town-berne-procurement-2014m-147Real Estate
… nine program partners who oversee the emerging managers on behalf of the Fund The partners source perform due …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/real-estateXI.8.B Multi-Agency Contracts – XI. Procurement and Contract Management
… contracts for commodities and services procured by the New York State Office of General Services (OGS) for use by all agencies and other … by using the same contract number with the suffix “BB” and continue through “BY”, then “CB” through “CY”, etc. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi8b-multi-agency-contractsDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… and bridges in good repair. Now, more than three-quarters of this money is siphoned off to pay for borrowing and operating costs of state agencies, leaving fewer dollars for improving our … transportation infrastructure and should restore the use of this fund for capital purposes.” Created in 1991, the fund …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… Systems, manage more than $330 billion in assets for more than 1.7 million current and retired state, city, … fossil fuel companies have admitted that climate change is real and that their products produce emissions that … of public and private equities, fixed income, real estate and alternative instruments. … NYS Comptroller Thomas …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryDiNapoli: Former Treasurer Arrested in Village of Millport Theft
… larceny Monday after an investigation and audit found she allegedly stole more than $4,000 in public funds, said … charged with third degree grand larceny, a Class D felony. She was arraigned Tuesday at Veteran Town Justice Court and … audit and investigation began. The Comptroller found she pocketed more than $4,000 in cash payments collected on …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-former-treasurer-arrested-village-millport-theftIX.8 Federal Grant Refunds – IX. Federal Grants
… state appropriated funds are to be immediately documented and transmitted to the State's Treasury pursuant to §121 of … the expenditure balance on the appropriation/segregation and federal grant award, as well as increasing the undrawn … state appropriated funds are to be immediately documented and transmitted to the States Treasury pursuant to 121 of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8-federal-grant-refundsOpinion 93-17
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. BONDS AND NOTES -- … has already been financed from fund balance, no moneys have actually been paid to the Retirement Systems. Thus, …
https://www.osc.ny.gov/legal-opinions/opinion-93-17Small Businesses and the Economic Recovery: Work in Progress
… November 23, 2021 Businesses in New York were more severely impacted by the COVID-19 pandemic in …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressDiNapoli: Executive Budget Reduces Out-Year Gaps, Diminishes Independent Oversight
… and revenue and proposes much needed capital investments in clean water projects while increasing funding for … budget projects total All Funds spending of $162.2 billion in state fiscal year (SFY) 2017-18, up 3.8 percent from the … of lump-sum appropriations; and Additional proposed limits on the Comptroller's independent oversight of the use 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 peak of 20.3 percent in June. However, the rate remains at the highest pre-pandemic level since December 1992 and is … well behind the national unemployment rate of 6.3 percent. At the same time, demand for social safety net services has … collections, the city’s most significant revenue source at 46 percent of city-funded revenue, adjusted down by $2.5 …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… operations to navigate,” DiNapoli said. “Federal lawmakers have made changes that better focus the program on reaching small businesses and the additional funding is a … costs. In New York City, four-fifths of businesses have fewer than 10 employees. Prior to the pandemic, the …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footing