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York Central School District – Financial Management (2022M-96)
… (Board) and District officials effectively managed fund balance. Key Findings The Board and District officials … insurance reserve totaling more than $1 million is overfunded and may be enough to pay annual claims for 132 years. The District did not have a written multiyear financial plan and comprehensive capital …
https://www.osc.ny.gov/local-government/audits/school-district/2022/10/07/york-central-school-district-financial-management-2022m-96Sharon Springs Central School District – Fund Balance Management (2022M-100)
Determine whether the Sharon Springs Central School District District Board of Education Board and officials effectively managed fund balance
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/sharon-springs-central-school-district-fund-balance-management-2022m-100State Comptroller DiNapoli Releases State Audits
… Thomas P. DiNapoli announced today the following audits have been issued: City University of New York (CUNY): … 2013 examined whether the fellowship leaves granted to CUNY instructional staff were awarded for authorized … Some of the businesses with outstanding debt to NYSIF do business with New York. The Statewide Offset Program …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-state-audits-0Opinion 88-12
… Samuel A. Weissmandl, Administrative Assistant Village of New Square … Whether several villages may provide for refuse …
https://www.osc.ny.gov/legal-opinions/opinion-88-12SUNY Bulletin No. SU-370
… Yonkers residents and 0.50% for Yonkers non-residents). Payroll Register and Employee’s Paycheck/Advice: Earnings … Code PRP, and the amount paid will be displayed on the Payroll Register. The corresponding Earnings Description in … direct deposit advice. Undeliverable Checks: When a valid payroll check is undeliverable due to the agency’s inability …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-370-new-preceptor-incentive-program-payment-state-universityEldred Central School District - Financial Condition (2018M-138)
… Determine whether District officials properly managed the District’s financial condition. Key Findings The Board … fund balance to fund recurring expenditures. As of June 30, 2017, the District’s unrestricted fund balance … may not be able to pay back. Key Recommendations Establish a multiyear financial plan that seeks to fund recurring …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/19/eldred-central-school-district-financial-condition-2018m-138City of Yonkers – Budget Review (B20-6-6)
… budget. Implement additional changes in procedures to reduce firefighting and police overtime expenditures. Pay tax …
https://www.osc.ny.gov/local-government/audits/city/2020/06/24/city-yonkers-budget-review-b20-6-6GASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
… nonexchange transactions. A nonexchange transaction is one in which a government receives (or gives) value without directly giving (or receiving) equal value in exchange. There is no clear link between services provided … accrual basis of accounting. Modified accrual will be used in preparing your annual financial report to the State …
https://www.osc.ny.gov/local-government/publications/gasb-statement-no-33-accounting-and-financial-reporting-nonexchange-transactionsNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New … Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more sharply—in April, with a …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York State Comptroller DiNapoli Statement on U.S. Withdrawal From Paris Agreement
… withdrawing the United States from the Paris Agreement on climate change is a shameful move. "I was in Paris to … change and save our planet. "As trustee of New York state's pension fund I seek out profitable and sustainable investments and encourage our …
https://www.osc.ny.gov/press/releases/2019/11/new-york-state-comptroller-dinapoli-statement-us-withdrawal-paris-agreementSUNY Bulletin No. SU-356
… Purpose: The purpose of this bulletin is to notify agencies of a business process change in the … 403(b) Savings Plan are affected. Background: In an effort to streamline the process of starting, stopping, and changing … process with SUNY’s Multi-Vendor Coordinator (MVC) to submit all starts, stops, and contribution changes via …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-356-process-change-sunys-voluntary-403b-savings-planTown of Preston - Financial Management (2018M-81)
… Audit Objective Determine whether the Board established a fund balance and reserve policy and multiyear financial and … From January 1, 2015 through December 31, 2017, total fund balance increased in the general fund by $94,855 (49 percent). Year-end 2017 fund balance was …
https://www.osc.ny.gov/local-government/audits/town/2018/07/13/town-preston-financial-management-2018m-81DiNapoli: 82 School Districts in Fiscal Stress
… This is the third year DiNapoli’s office has assessed and scored the financial stability of school districts. The … fiscal stress,” 24 in “moderate fiscal stress” and 50 as “susceptible to fiscal stress.” A total of 90 … were listed in one of these three categories last year and 87 were listed in stress the year prior. “The overall …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressVillage of Coxsackie – Financial Condition and Water and Sewer Fund Accountability (2014M-324)
… water and sewer revenue estimates that were based on historical and other relevant information. Village …
https://www.osc.ny.gov/local-government/audits/village/2015/02/13/village-coxsackie-financial-condition-and-water-and-sewer-fund-accountabilityLevittown Union Free School District – Reserve Funds and Extra-Classroom Activity Fund (2016M-174)
… and maintain reserve funds. Extra-classroom activity club officials did not maintain adequate supporting … under which each reserve fund will be used. Ensure that club officials issue press-numbered receipts or use some …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/levittown-union-free-school-district-reserve-funds-and-extra-classroomCanaseraga Central School District - Financial Management (2019M-104)
… whether the Board and District officials properly managed fund balance and reserves. Key Findings The Board … years and annually appropriated an average of $357,000 of fund balance that was not used to finance operations. As of …
https://www.osc.ny.gov/local-government/audits/school-district/2019/08/09/canaseraga-central-school-district-financial-management-2019m-104Village of Cuba – Sewer Fund Financial Condition and Records and Reports (2013M-15)
… revenues, the sewer fund borrowed $40,000 from other funds, which has not been repaid and improperly used $30,000 … payable were misstated, which resulted in the operating funds’ fiscal health appearing to be more favorable. The …
https://www.osc.ny.gov/local-government/audits/village/2013/03/29/village-cuba-sewer-fund-financial-condition-and-records-and-reports-2013m-15Genesee Valley Central School District - Financial Management (2019M-231)
… whether the Board and District officials properly managed fund balance and reserves. Key Findings The Board … through 2018-19 and annually appropriated $225,000 of fund balance that was not used to finance operations. As of …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/21/genesee-valley-central-school-district-financial-management-2019m-231Bemus Point Central School District - Financial Management (2019M-216)
… whether the Board and District officials properly managed fund balance and reserves. Key Findings The Board … and annually appropriated an average of $400,000 of fund balance that was not used to finance operations. The …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/14/bemus-point-central-school-district-financial-management-2019m-216Town of Leicester – Financial Management (2025M-2)
… Town of Leicester (Town) Board (Board) effectively managed fund balance. Key Findings The Board did not effectively manage the Town’s fund balance and continued to unrealistically estimate …
https://www.osc.ny.gov/local-government/audits/town/2025/05/30/town-leicester-financial-management-2025m-2