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New York’s Economy and Finances in the COVID-19 Era
… The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and … Trends Paycheck Protection Program Helps 72% of New York Small Businesses Program Must Boost Aid to Underserved …
https://www.osc.ny.gov/reports/covid-19-august-5-2020Tuckahoe Common School District - Financial Condition (2018M-191)
… percent of the subsequent year’s budgeted appropriations) in fund balance from fiscal years 2014-15 through 2016-17 …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/tuckahoe-common-school-district-financial-condition-2018m-191DiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
… and Emergency Services (DHSES) can do more to protect the state’s water systems from attacks and the threats posed by … like storms, according to an audit released today by State Comptroller Thomas P. DiNapoli. “New York has thousands … for hackers. In 2013, for example, a water dam in Rye, NY was targeted by foreign attackers who were able to …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disastersVillage of Suffern – Budget Review (B8-15-13)
… a 16 percent property tax increase to finance the general fund budget deficiencies because there are no other sources available to reduce the property tax levy, such as fund balance. For 2013-14, there were unassigned fund deficits of approximately $2.4 million in the general …
https://www.osc.ny.gov/local-government/audits/village/2015/05/22/village-suffern-budget-review-b8-15-13Village of Bolivar – Financial Condition of Water and Sewer Funds (2013M-125)
… Purpose of Audit The purpose of our audit was to evaluate the financial condition of the … sewer funds to ensure recurring revenues, including user rates, are adequate to fund recurring operating expenditures. …
https://www.osc.ny.gov/local-government/audits/village/2013/08/09/village-bolivar-financial-condition-water-and-sewer-funds-2013m-125Town of Milford – Financial Condition (2013M-355)
… of our audit was to assess the Town’s financial condition for the period January 1, 2012 through August 27, 2013. … from the town-wide general fund to finance operations for the part-town highway fund in 2013. This interfund … of our audit was to assess the Towns financial condition for the period January 1 2012 through August 27 2013 …
https://www.osc.ny.gov/local-government/audits/town/2014/03/21/town-milford-financial-condition-2013m-355Horseheads Central School District – Financial Condition (2016M-138)
… the District needed to both increase its tax levy and use fund balance to close projected budget gaps. By not using the appropriated fund balance from the prior year, the District’s unrestricted fund balance significantly exceeded the statutory limit for …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/19/horseheads-central-school-district-financial-condition-2016m-138Avon Central School District – Financial Management (2024M-75)
… (Board) and District officials effectively managed fund balance and reserves. Key Findings The Board and District officials did not effectively manage fund balance and reserves. The Board-approved budgets …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/25/avon-central-school-district-financial-management-2024m-75Town of Oyster Bay – Financial Condition and Selected Financial Operations (2013M-54)
… internal controls over selected financial operations for the period January 1, 2010 through October 31, 2011. … operating surplus of $2.9) and their operations accounted for more than 70 percent of the Town’s 2012 budget …
https://www.osc.ny.gov/local-government/audits/town/2013/12/20/town-oyster-bay-financial-condition-and-selected-financial-operations-2013m-54Village of Keeseville – Financial Condition (2013M-192)
… Purpose of Audit The purpose of our audit was to review the Village’s financial condition … at the end of the 2012-13 fiscal year because the sewer rates did not generate sufficient revenues to cover the costs …
https://www.osc.ny.gov/local-government/audits/village/2013/09/20/village-keeseville-financial-condition-2013m-192Calculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… . Graded rates are calculated based on a System average rate that does not include employer Group Term Life Insurance … normal contribution* (invoiced subtotal “Regular Pension Contribution”) $10,000,000 Employer’s average rate … normal contribution* (invoiced subtotal “Regular Pension Contribution”) $20,000,000 Employer’s average rate …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentState Contract and Payment Actions in May
… benefit services for the Empire, Excelsior and Student Employee Health plans. $31.7 million to Beacon Health Options …
https://www.osc.ny.gov/press/releases/2021/07/state-contract-and-payment-actions-maySUNY Bulletin No. SU-193
… Payments for employees who are enrolled in the New York State Employees’ Retirement System (Plan Type 7Y) and are not in an annual Pay … Basis Code (CAL, 21P or ANN), Earnings Code SRC (Summer-Retirement Credit) must be used to ensure accurate reporting …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-193-2013-suny-summer-session-paymentsSUNY Bulletin No. SU-204
… Session Payments for employees who are enrolled in the New York State Employees’ Retirement System (Plan Type 7Y) and are not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-204-2014-suny-summer-session-paymentsDiNapoli & Schneiderman Announce Sentencing of Former MET Council Insurance Broker
… dollars in funds stolen from vulnerable New Yorkers. “If you rip off the neediest New Yorkers by stealing from the … or powerful,”said Attorney General Schneiderman. “We have brought charges against more than 60 public officials … Council from 1992 to 2013. Met Council is a New York State not-for-profit organization that provides the poor and …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-schneiderman-announce-sentencing-former-met-council-insurance-brokerDiNapoli: New York's Drinking Water Infrastructure Needs Fixing
… New York's water systems may require nearly $40 billion in … Thomas P. DiNapoli. "Many drinking water systems in New York are over 100 years old and operating far beyond … or we're going to suffer the consequences. Unfortunately, paying for these solutions presents a considerable …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-new-yorks-drinking-water-infrastructure-needs-fixingJordan-Elbridge Central School District – Financial Condition Management (2017M-241)
… $983,978 in the debt service fund over the past four years without using this money for debt payments. The Board has not …
https://www.osc.ny.gov/local-government/audits/school-district/2018/01/26/jordan-elbridge-central-school-district-financial-condition-managementHannibal Central School District – Financial Condition (2017M-23)
… our audit was to assess the District’s financial condition for the period July 1, 2015 through August 31, 2016. … with approximately 1,400 students. Budgeted appropriations for the 2016-17 fiscal year total approximately $31.6 …
https://www.osc.ny.gov/local-government/audits/school-district/2017/04/07/hannibal-central-school-district-financial-condition-2017m-23Schenectady City School District – Financial Condition (2014M-168)
… for the 2013-14 fiscal year totaled approximately $159 million. Key Findings The Board did not adopt a policy …
https://www.osc.ny.gov/local-government/audits/school-district/2014/08/29/schenectady-city-school-district-financial-condition-2014m-168Village of Silver Creek – Capital Projects (2017M-31)
… by an elected five-member Board of Trustees. General fund appropriations for the 2016-17 fiscal year were … financial impact on the annual operating budget. The sewer fund reported a deficit fund balance and a $293,000 interfund loan payable to the …
https://www.osc.ny.gov/local-government/audits/village/2017/05/19/village-silver-creek-capital-projects-2017m-31