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Watkins Glen Central School District - Financial Management (2019M-57)

… because related expenses were paid from operating funds. District officials did not develop comprehensive …

https://www.osc.ny.gov/local-government/audits/school-district/2019/07/12/watkins-glen-central-school-district-financial-management-2019m-57

Glens Falls City School District - Financial Management (2019M-12)

… limit at fiscal year-ends 2015-16 through 2017-18 by 6.9 to 15.3 percentage points. Appropriations were consistently … District not using any of the fund balance it appropriated to finance 2017-18 operations. The District has not … Recommendations Use surplus funds as a financing source to fund one-time expenditures and reserves, pay off debt or …

https://www.osc.ny.gov/local-government/audits/school-district/2019/06/18/glens-falls-city-school-district-financial-management-2019m-12

Town of Moriah - Leave Accruals (2019M-168)

… records. Key Findings The Town lacked adequate procedures to ensure employees’ leave accrual records were accurately … six employees were paid for 110.5 hours of leave time to which they were not entitled, resulting in overpayments … valued at $1,484. Key Recommendations Implement procedures to ensure employees’ leave accrual records are accurately …

https://www.osc.ny.gov/local-government/audits/town/2019/11/27/town-moriah-leave-accruals-2019m-168

Orient Fire District – Cash Reserves and Credit Cards (2015M-319)

… over cash investments and credit card expenditures for the period January 1, 2014 through February 28, 2015. … Board of Fire Commissioners. Budgeted appropriations for 2015 were $669,295. Key Findings The Board did not limit …

https://www.osc.ny.gov/local-government/audits/fire-district/2016/03/04/orient-fire-district-cash-reserves-and-credit-cards-2015m-319

Town of German Flatts - Financial Condition and Conflict of Interest (2019M-222)

… The combined fund balance of the four main operating funds declined $144,719, from a $57,650 deficit balance at …

https://www.osc.ny.gov/local-government/audits/town/2020/02/14/town-german-flatts-financial-condition-and-conflict-interest-2019m-222

Connetquot Central School District - Financial Management (2019M-180)

… unassigned fund balance to comply with the statutory limit in a manner that benefits District taxpayers. Develop budgets …

https://www.osc.ny.gov/local-government/audits/school-district/2019/11/01/connetquot-central-school-district-financial-management-2019m-180

Town of Dayton - Fund Balance Management (2019M-221)

… manage fund balance as the town-wide (TW) general fund and TW highway fund had deficit unrestricted fund balances … during our audit period. The Board did not develop and adopt comprehensive written multiyear financial and capital plans and written fund balance and reserve fund …

https://www.osc.ny.gov/local-government/audits/town/2020/01/31/town-dayton-fund-balance-management-2019m-221

Village of Hempstead – Budget Review (B7-14-4)

… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the Village’s proposed budget for the 2014-15 fiscal year … Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating …

https://www.osc.ny.gov/local-government/audits/village/2014/04/01/village-hempstead-budget-review-b7-14-4

Town of Walton – Justice Court Operations (2021M-72)

… of Walton (Town) Justice Court (Court) properly accounted for, deposited, disbursed and reported fines and fees. Audit Results The Court properly accounted for, deposited, disbursed and reported fines and fees we … a Town Supervisor (Supervisor). The Board is responsible for the oversight and general management of operations, …

https://www.osc.ny.gov/local-government/audits/justice-court/2021/07/23/town-walton-justice-court-operations-2021m-72

City of North Tonawanda - Financial Condition (2020M-90)

… complete report - pdf ] Audit Objective Determine whether the Mayor and City Council adopted realistic budgets that … operations and took appropriate actions to maintain the City’s fiscal stability. Key Findings The Mayor and … the City’s fiscal stability. The general and sewer funds experienced operating deficits from 2017 through 2019. …

https://www.osc.ny.gov/local-government/audits/city/2020/08/07/city-north-tonawanda-financial-condition-2020m-90

Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets

… of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended December 31, 2002   Employee Retirement … to the financial statements if separate GAAP statements for those individual plans or pools are not available. … …

https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assets

Village of Arkport – Water Fund Financial Operations (2020M-45)

… action. Appendix B includes our comment on an issue raised in the Village's response letter. … Determine whether the …

https://www.osc.ny.gov/local-government/audits/village/2020/07/17/village-arkport-water-fund-financial-operations-2020m-45

Town of Palermo - Timeliness of the Supervisor’s Records and Reports (2020M-67)

… reports are complete, accurate and up-to-date and deposit funds received in a timely manner. Complete and submit AUDs …

https://www.osc.ny.gov/local-government/audits/town/2020/08/21/town-palermo-timeliness-supervisors-records-and-reports-2020m-67

Town of Hume – Financial Management (2014M-333)

… Purpose of Audit The purpose of our audit was to review the Town’s financial condition for the period January 1, 2009 through February 11, 2015. Background The Town of Hume … the general fund from more than $304,500 as of January 1, 2009 to less than $40,500 as of December 31, 2013. The …

https://www.osc.ny.gov/local-government/audits/town/2015/05/22/town-hume-financial-management-2014m-333

State Comptroller DiNapoli Releases Municipal Audits

… today announced the following local government audits have been issued. City of Amsterdam – Budget Review … today announced the following local government audits have been issued …

https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-municipal-audits

Accounts Payable Advisory No. 66

… Theft, Loss or Misuse of State Assets Reference : Guide to Financial Operations: Chapter XII.10.E – Reporting the Theft, Loss or Misuse of State Assets Guidance : To enable the Office of the State Comptroller (OSC) to carry out its fiscal responsibility, State agencies must …

https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/66-reporting-process-theft-loss-or-misuse-state-assets

Margaretville Central School District – Financial Management (2020M-46)

… balance from 2016-17 through 2018-19 that it did not use to fund operations because of generated operating surpluses. … When unused appropriated fund balance was added back to and overstated receivables were deducted from surplus fund … and the amount of fund balance that will be used to fund operations. Reduce surplus fund balance to comply …

https://www.osc.ny.gov/local-government/audits/school-district/2020/06/26/margaretville-central-school-district-financial-management-2020m-46

Town of Great Valley – Town Clerk (2014M-29)

… Purpose of Audit The purpose of our audit was to evaluate the Clerk’s financial management practices for … not deposit all collections or remit all tax collections to the Town and County in a timely manner. The Board did not … the Clerk’s records or engage an independent accountant to do so. Key Recommendations Issue duplicate receipts when …

https://www.osc.ny.gov/local-government/audits/town/2014/06/20/town-great-valley-town-clerk-2014m-29

Town of Tyre - Long-Term Planning (2019M-61)

Determine whether the Board established adequate longterm plans which appropriately address the Towns operational and capital needs and funding sources

https://www.osc.ny.gov/local-government/audits/town/2019/05/29/town-tyre-long-term-planning-2019m-61

Milford Central School District – Fund Balance Management (2022M-94)

… and District officials properly managed fund balance in accordance with statute. Key Findings The Board and … District officials did not properly manage fund balance in accordance with statute. As of June 30, 2021, surplus fund … comply with the statutory limit and use the excess funds in a manner beneficial to taxpayers. Develop and adopt a …

https://www.osc.ny.gov/local-government/audits/school-district/2022/08/26/milford-central-school-district-fund-balance-management-2022m-94