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Town of Varick – Water and Sewer Operations (2021M-46)
… Town of Varick (Town) officials effectively managed the water and sewer districts’ financial operations. Key … Town officials did not effectively manage most aspects of the water and sewer districts’ financial operations. … Officials did not: Adopt realistic budgets over the last three years. Adopt fund balance and reserve …
https://www.osc.ny.gov/local-government/audits/town/2022/02/04/town-varick-water-and-sewer-operations-2021m-46Ridge Fire District – Board Oversight of Treasurer’s Fiscal Duties (2021M-165)
… report - pdf ] Audit Objective Determine whether the Ridge Fire District (District) Board of Fire Commissioners … Determine whether the Ridge Fire District District Board of Fire Commissioners …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/01/21/ridge-fire-district-board-oversight-treasurers-fiscal-duties-2021m-165Patchogue-Medford Public Library - Non-Payroll Disbursements (2019M-126)
… oversight of non-payroll disbursements. Key Findings Online payments totaling $65,456 initiated by business office staff … Develop policies and procedures for banking activities and online purchases. Ensure that all disbursements are audited …
https://www.osc.ny.gov/local-government/audits/library/2019/10/11/patchogue-medford-public-library-non-payroll-disbursements-2019m-126DiNapoli Orders Divestment of Russia Holdings
… New York State Comptroller Thomas P. DiNapoli, sole trustee of the New York State Common Retirement Fund (Fund), today … from Russian companies and continued his prohibition of any further investments in them. On March 1, following Russia’s invasion of Ukraine, DiNapoli announced the Fund would freeze all new …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdings2022 Virtual Lunar New Year Celebration
… Comptroller DiNapoli's Economic Report on the Greater Flushing Area In recent years, Asian communities have faced … officials on depth of the pandemic’s impact on the greater Flushing area, which includes Chinatown. …
https://www.osc.ny.gov/events/2022-lunar-new-year-celebrationCity of Mechanicville – Records and Reports (2012M-162)
… purpose of our audit was to review the City’s financial management system for the period January 1, 2010, through February 29, … to cash balances per the accounting records, and post all transactions to the records. Review monthly reports …
https://www.osc.ny.gov/local-government/audits/city/2013/02/01/city-mechanicville-records-and-reports-2012m-162State Comptroller DiNapoli Releases School District Audits
… clerk, were overpaid by $20,595 in their final salary payouts. Employee leave accruals and usage were not always …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-school-district-auditsRiverbank State Park – Administration of the Concession Contract With Riverbank Restaurant Group
… Purpose We assessed the Office of Parks, Recreation and Historic Preservation’s (Parks) administration of the concession services at Riverbank … The objectives of our audit were to determine whether Parks received all of the income it was entitled to, and RRG …
https://www.osc.ny.gov/state-agencies/audits/2014/11/24/riverbank-state-park-administration-concession-contract-riverbank-restaurant-groupLyons Central School District – Payroll 2022M-71
… the District accurately paid employees’ salaries and wages. Key Findings District officials did not ensure employees’ salaries and wages were always paid accurately. As a result: Two employees … the District accurately paid employees salaries and wages …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/09/lyons-central-school-district-payroll-2022m-71DiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund reached a record estimated value of $1835 billion
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionTaxes – 2021 Financial Condition Report
… economic impact of the COVID-19 pandemic. Collections for consumption and use taxes, New York State’s second …
https://www.osc.ny.gov/reports/finance/2021-fcr/taxesState Comptroller DiNapoli Releases Municipal and School Audits
… accounting records were not maintained. For example, the Dec. 31, 2022 ending bank statement balances differed from …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-and-school-auditsExamples from GASB Statement 34 - Statement of Cash Flows
… $ 1,345,292 $ 12,745,492 $ 15,326,343 Payments to suppliers (2,725,349) (365,137) (3,090,486) (2,812,238) Payments to employees (3,360,055) (750,828) (4,110,883) (4,209,688) Internal activity - payments to other funds (1,296,768) (1,296,768) Claims paid …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-cash-flowsComptroller DiNapoli Releases School Audits
… manage the financial condition of the general and school lunch funds. The general fund had deficits in the last three years while the school lunch fund had deficits in the last two years. Auditors also project both the general and school lunch funds to end the 2013-14 fiscal year with deficits of …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-releases-school-auditsNYSLRS Fact Sheet
… Overview The New York State and Local Retirement System (NYSLRS) … administers two distinct retirement systems. They are: The Employees’ Retirement System (ERS) The Police and Fire Retirement System (PFRS) Member … Statistics about NYSLRS the New York State and Local Retirement System including …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … in the bookkeeper performing incompatible duties related to payroll processing and maintaining all leave accrual … years as it experienced operating deficits, resulting in a $215,678 deficit fund balance as of June 30, 2013. Northern …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-auditsDiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (22.07%), private equity (14.71%), …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterHancock Central School District - Non-Resident Student Tuition (2021M-208)
… officials established non-resident tuition (NRT) rates in the best interest of District taxpayers. Key Findings Officials did not establish NRT rates in the best interest of District taxpayers. We found: … three school years, the Board approved Wayne Highlands NRT rates that were less than the New York State Education …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/01/hancock-central-school-district-non-resident-student-tuition-2021m-208Village of Fort Plain – Leave Benefits (2020M-101)
… report - pdf] Audit Objective Determine whether Village of Fort Plain (Village) officials established appropriate … Determine whether Village of Fort Plain Village officials established appropriate …
https://www.osc.ny.gov/local-government/audits/village/2020/11/13/village-fort-plain-leave-benefits-2020m-101One-Year FAE – Special 20- and 25-Year Plans
… Eligibility Tier 2, 3 (Article 11) and 5 members are eligible for this benefit if your employer …
https://www.osc.ny.gov/retirement/publications/1517/one-year-fae