New York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued.
The board did not develop multiyear financial or capital plans. In addition, auditors found the board also did not adopt a fund balance and reserve policy.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
In October, the Office of the State Comptroller approved 1,677 contracts for state agencies and public authorities valued at $4.8 billion and approved more than 2.2 million payments worth more than $10 billion. The office rejected 100 contracts and related transactions valued at $130 million and nearly 2,100 payments valued at nearly $25.9 million. More information on these contracts and payments is available at www.openbooknewyork.com.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued.
Auditors found that 87 percent of fuel usage documents were not completed or kept up to date by highway department personnel. In addition, town officials were only able to account for 12,571 gallons (29 percent) of fuel valued at $23,325 out of the 43,632 gallons of fuel valued at $93,324 that was used.
Investors who filed suit against the officers and directors of Wynn Resorts Ltd. claiming they failed to protect the company and employees from former CEO Steve Wynn’s alleged abusive behavior have reached a settlement agreement, New York State Comptroller Thomas P. DiNapoli announced today.
State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Anthony A. Scarpino, Jr. announced the arrests of Annette Bigelow, 59, and Mary Nash, 58, for allegedly concealing their mother’s death to collect $21,694 in her retirement funds from 2013 to 2015. The two Westchester County residents are charged with Grand Larceny in the Third Degree, a class D felony.
The State Education Department (SED) made progress in ensuring school districts across New York are protecting students from harassment and discrimination, according to a follow-up report released today by State Comptroller Thomas P. DiNapoli.
New York’s local governments had $43.6 billion in total outstanding debt in 2018, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Total debt has remained fairly steady since the Great Recession, after more than doubling from 1998 to 2010. A major factor behind the slower debt growth over the last ten years is that school districts have borrowed less.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
Payroll calculation errors cost the district $3,638. In addition, errors totaling $9,100 occurred with manual leave accrual entries. Auditors also found five employees had 21 time sheets lacking proper approvals and two employees had eight time sheets that were missing.
The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for the three-month period ending Sept. 30, 2019, with an estimated value of $215.4 billion, according to New York State Comptroller Thomas P. DiNapoli.
