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Village of Unadilla – Budgeting (2013M-143)
… Purpose of Audit The purpose of our audit was to review the Village’s budgeting practices for the period of June 1, 2011, to March 13, 2013. Background The Village of Unadilla is … revenues, and the appropriation of fund balance to finance operations; but for three of the last six years, …
https://www.osc.ny.gov/local-government/audits/village/2013/08/30/village-unadilla-budgeting-2013m-143Village of Spencerport – Financial Management (2013M-134)
… 25, 2013. Background The Village of Spencerport is located in the Town of Ogden in Monroe County and has a population of approximately 3,600. … As a result, although the Board appropriated $3.73 million in fund balance for the general and sewer funds, over $2.9 …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134Town of Almond – Internal Controls Over Selected Financial Activities (2013M-209)
… fund balance was 69 percent of budgeted appropriations for 2013, the general fund town- outside-the-village’s was …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-almond-internal-controls-over-selected-financial-activities-2013m-209DiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… a balanced budget for FY 2016 with relatively small gaps in the following three years, according to a review of the … and a major source of tax revenue, added 2,300 jobs in 2014 (the first job gains since 2011) and is on pace to … ten-year capital strategy totals $83.8 billion through 2025, which is $30 billion (56 percent) larger than the prior …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearOther Bulletin No. 3
… of PAY/CSL (Pay Rate Change/Correct Salary) and the new salary. All subsequent rows on the Job Data record will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-3-april-1-2005-salary-increase-suny-construction-fundTown of Ballston - Water Fund Financial Operations (2023M-60)
… report – pdf] Audit Objective Determine whether the Town of Ballston (Town) officials provided adequate oversight of the water fund’s financial operations. Key Findings … of meters purchased and issued to track costs and ensure rates were applied consistently, and meters were accounted …
https://www.osc.ny.gov/local-government/audits/town/2023/12/15/town-ballston-water-fund-financial-operations-2023m-60Town of Southold-Peconic Bay Community Preservation Fund (P7-23-24
… administered the Peconic Bay Community Preservation Fund (CPF) to ensure that all collections were properly … administered the Peconic Bay Community Preservation Fund CPF to ensure that all collections were properly …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-southold-peconic-bay-community-preservation-fund-p7-23-24Town of Southampton-Peconic Bay Community Preservation Fund (P7-23-21
… the Peconic Bay Community Preservation Fund (CPF) to ensure that all collections were properly supported, … examined were properly supported, recorded and deposited in full and that disbursements were proper and supported. … Of the 82 deposits totaling $224.4 million made to the CPF bank account during the audit period, we reviewed …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-southampton-peconic-bay-community-preservation-fund-p7-23-21Niskayuna Central School District – Capital Improvement Fund (2019M-134)
… totaling approximately $4.9 million and all 56 project change orders totaling $315,366 for the audit period and …
https://www.osc.ny.gov/local-government/audits/school-district/2019/08/30/niskayuna-central-school-district-capital-improvement-fund-2019m-134Village of Arkport – Water Fund Financial Operations (2020M-45)
… and have initiated or indicated they planned to initiate corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/village/2020/07/17/village-arkport-water-fund-financial-operations-2020m-45Worcester Central School District - Fund Balance Management (2022M-75)
… million, or 4.3 to 15.7 percentage points. Real property tax levies were higher than necessary, in part, because …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/02/worcester-central-school-district-fund-balance-management-2022m-75Montgomery County – Financial Condition (2013M-234)
… The 2013 budgeted appropriations in the general fund were approximately $80 million. Key Finding The Board … budgets and instead consistently relied on appropriating fund balance, a non-recurring revenue, to finance recurring … As a result, the financial condition of the general fund has diminished in recent years. As of December 31, 2012 …
https://www.osc.ny.gov/local-government/audits/county/2013/10/04/montgomery-county-financial-condition-2013m-234Comptroller DiNapoli: Positive Financial Indicators in Middletown
… the city of Middletown, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report is part … Middletown should remain on solid financial footing as long as city officials continue to develop realistic … is slightly below the average for the median city (28.4 percent); and Debt per capita for the city ($2,300) is …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-positive-financial-indicators-middletownNYS Comptroller DiNapoli, Steuben County District Attorney Baker, and NYS Police: Former Addison Official to Be Sentenced to Prison and Will Forfeit State Pension After Million Dollar Public Corruption Conviction
… the Village of Addison in Steuben County will be sentenced to serve three-to-nine years in state prison, pay full restitution of $1.1 million, and forfeit her public pension after being convicted of one felony count of … her resignation letter, she wrote herself a final check for $26,613, which was not authorized by the board. The …
https://www.osc.ny.gov/press/releases/2024/08/nys-comptroller-dinapoli-steuben-county-district-attorney-baker-and-nys-police-former-addisonTaconic Hills Central School District – Financial Management (2019M-155)
… comply with the statutory limit and use the excess funds in a manner more beneficial to taxpayers. … Determine whether …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/25/taconic-hills-central-school-district-financial-management-2019m-155IX.8.A Accounting for Federal Refunds – IX. Federal Grants
… will adjust the taxable income amount reported to the vendor and the IRS. When a refund is received on an open … violating any federal agreements or compromising reporting integrity. Click here for the procedures in table form (pdf). … Credit Memos Should an agency reach an agreement with a vendor that a refund debt will be entered as a credit memo, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsOpinion 95-29
… of to the credit of the real property within the district by any equitable method described in the proposition ( id .). … public authorities provides that transfers of property by a municipality to the authority are exempt from referendum … the case of purchase of district property and facilities by a county, city, village or town, the governing board may, …
https://www.osc.ny.gov/legal-opinions/opinion-95-29Earnings Limits – Enhanced Reporting
… pension benefits. The amount cannot exceed the Governor’s salary. Refer to the table below. Once a Tier 6 member reaches the Governor’s salary limit, you should continue to report earnings and days …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/earnings-limitsTown of Red Hook - Financial Condition (2018M-171)
… increased from $292,780 to $917,351, or 213 percent. In June 2018, the Board adopted a fund balance policy that … balance and using the excess funds as a financing source in a manner that benefits taxpayers. Revise the fund balance …
https://www.osc.ny.gov/local-government/audits/town/2018/11/02/town-red-hook-financial-condition-2018m-171Town of Marbletown – Financial and Capital Planning (2017M-234)
… multiyear financial and capital plans as well as a fund balance and reserve policy to adequately address the … highway garage. The Board has not adopted an adequate fund balance policy, which resulted in the Town accumulating excessive fund balance in the general fund. Key Recommendations Develop …
https://www.osc.ny.gov/local-government/audits/town/2017/12/29/town-marbletown-financial-and-capital-planning-2017m-234