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Alexander Central School District – Financial Management (2020M-64)
… the Board and District officials properly used and managed fund balance and reserves. Key Findings While the Board and … from 2015-16 through 2018-19. An average of $500,000 of fund balance was appropriated each year, but was not used to finance operations. When unused appropriated fund balance is added back, surplus fund balance exceeded the …
https://www.osc.ny.gov/local-government/audits/school-district/2020/09/11/alexander-central-school-district-financial-management-2020m-64Homeless Services Housing Needs Assessment (Follow-Up)
… various services to individuals and families, including assessment of needs, case management, access to health care … housing in a certified shelter must take part in a Needs Assessment (Assessment) and the development of an Individual … need is the clients’ participation. While many factors impact a successful transition to permanent housing …
https://www.osc.ny.gov/state-agencies/audits/2025/07/14/homeless-services-housing-needs-assessment-followWebster Central School District - Financial Condition (2018M-109)
… fund balance exceeded the 4 percent statutory limit for 2012-13 and 2014-15 through 2016-17 ranging from 7.3 and 7.7 percent. Key Recommendations Ensure that the …
https://www.osc.ny.gov/local-government/audits/school-district/2018/09/14/webster-central-school-district-financial-condition-2018m-109Longwood Central School District – Overtime (2021M-126)
… - pdf ] Audit Objective Determine whether Longwood Central School District (District) officials appropriately approved … Determine whether Longwood Central School District District officials appropriately approved and …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/17/longwood-central-school-district-overtime-2021m-126Oil Spill Fund
… Hotline. Oil Spill Damage Claims If you are the victim of someone else’s oil spill, you may file a damage claim … certified mail. Other Information Annual Financial Report of the Fund Financial History of the Fund …
https://www.osc.ny.gov/about/oil-spill-fundCity of Yonkers – Budget Review (B21-6-8)
… The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City’s adopted budget for fiscal year 2021-22 and the related justification … and parks revenue shortfalls. Pay tax certiorari claims from annual appropriations instead of using debt. Implement …
https://www.osc.ny.gov/local-government/audits/city/2021/07/02/city-yonkers-budget-review-b21-6-8Village of Maybrook – Water Operations (2013M-121)
… 25, 2012. Background The Village of Maybrook is located in Orange County in the Town of Montgomery and has a population of … result of deficient internal controls, we detected errors in more than 17 percent of the water bills that we reviewed, …
https://www.osc.ny.gov/local-government/audits/village/2013/08/16/village-maybrook-water-operations-2013m-121Village Official Heading to Prison for Stealing More Than $100,000
… in which she pocketed taxpayer funds over a five-year period. As part of her plea agreement, Bailey must pay … village’s real property tax levy during the 2011-12 fiscal year and 66 percent of the levy in 2012-13; Altered village …
https://www.osc.ny.gov/press/releases/2014/08/village-official-heading-prison-stealing-more-100000Akron Central School District - Financial Management (2018M-195)
… general fund financial condition. Key Findings As of June 30, 2017 unrestricted fund balance exceeded the statutory … the same 2013-14 tax levy and used reserves to pay for related expenditures. Key Recommendations The Board and …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/akron-central-school-district-financial-management-2018m-195Victor Central School District - Financial Management (2019M-62)
… Annually increased meal prices, despite repeated warnings from its external auditor that the school food service … with balances totaling more than $1.3 million as of June 30, 2018. Key Recommendations Develop and adopt budgets that include more realistic estimates for revenues and appropriations and the amount of fund …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/victor-central-school-district-financial-management-2019m-62Monitoring of Construction Management
… Services (Office) is adequately monitoring construction management contracts to ensure they meet the terms and … are supported and related. The audit covered construction management contracts that were active between April 2015 and … provision of architectural, engineering, and construction management services for buildings statewide. To achieve its …
https://www.osc.ny.gov/state-agencies/audits/2021/12/30/monitoring-construction-managementFinal Average Salary – Article 14 Benefits
… Your pension is based on your years of credited service and your final average salary (FAS). FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. This is usually …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryEarly Retirement – Article 14 Benefits
… 42 percent of your FAS for 20 years of service credit plus an additional 4 percent of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1644/early-retirementOrdinary Disability – Article 14 Benefits
… Eligibility To qualify for the ordinary disability retirement benefit, you must: Be … Have five years of credited service; and Be eligible for primary Social Security disability benefits. The Benefit … of: One-third of your FAS or 2 percent of your FAS for each year of credited service, up to 25 years. It is …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityAccidental Death Benefit – Article 14 Benefits
… escalation. ) The benefit is paid to your beneficiaries, in this order: To your surviving spouse, provided he or she has not renounced survivorship rights in a separation agreement, until death or remarriage;* To … benefit will be divided equally among the beneficiaries in any one category if you have more than one child, parent …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitNormal Retirement – Article 14 Benefits
… or decrease of a benefit, based on the cost-of-living index. Some benefits are eligible for full escalation, while …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementAccidental Disability – Article 14 Benefits
… Eligibility You may be eligible for an accidental disability retirement benefit if: You are … the disability is the natural and proximate result of an accident sustained in the performance of duties not caused by … of duties not caused by your own willful negligence. There is no minimum service requirement for an accidental …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityOrdinary Death Benefit – Article 14 Benefits
… payable to your designated beneficiary if you have 90 days of service and your death occurs: While you are on the … while receiving those benefits; or Within 12 months of the last date you were receiving salary, provided you were … times your salary raised to the next highest multiple of $1,000. The salary is limited by Section 130 of the Civil …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… Eligibility You are eligible for a vested retirement benefit if you leave public … Benefit The vested benefit equals 2.1 percent of your FAS for each year of service. If you choose to begin receiving … will be reduced by the percentages shown: 6.67 percent for each year your early retirement age exceeds 60; and 3.33 …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingStay Informed – Article 14 Benefits
… , read informative booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement … to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your … topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and information dedicated to …
https://www.osc.ny.gov/retirement/publications/1644/stay-informed