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City of Long Beach - Financial Condition (2019M-133)
… financial condition. Key Findings The City’s total general fund balance decreased 68 percent from $9.9 million at July … million as of June 30, 2018, leaving an unassigned general fund deficit of $813,994 at June 30, 2018. 1 The Council … 2014-15 through 2016-17 and used another $2.1 million of fund balance in 2017-18 to finance recurring expenditures, …
https://www.osc.ny.gov/local-government/audits/city/2019/12/11/city-long-beach-financial-condition-2019m-133Altmar-Parish-Williamstown Central School District – Financial Condition (2015M-232)
… District’s financial condition to ensure that the general fund’s unrestricted fund balance was within the statutory limit. The Board has not adopted a formal plan to reduce unrestricted fund balance to the statutory limit. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2017/11/22/altmar-parish-williamstown-central-school-district-financial-conditionPenfield Central School District – Financial Management (2015M-162)
… budgets with overestimated expenditures and appropriated fund balance to finance operations that was not actually … overfunded and potentially unnecessary. The school lunch fund’s total fund balance exceeds the federally regulated limit by more …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/30/penfield-central-school-district-financial-management-2015m-162Cohoes City School District – Budgeting (2016M-111)
… to determine if District officials properly managed fund balance and reserves for the period July 1, 2012 through … be used. As of June 30, 2015, the District’s unrestricted fund balance exceeded the statutory limit by approximately … and planned uses of reserve funds. Use surplus funds to fund one-time expenditures, fund needed reserves or reduce …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/29/cohoes-city-school-district-budgeting-2016m-111Bath Central School District – Reserves (2016M-401)
… of our audit was to evaluate the District’s reservation of fund balance for the period July 1, 2012 through September … Key Findings The Board did not adopt a written reserve fund policy. District officials could not provide evidence … improperly maintained in the debt reserve to the general fund as unrestricted fund balance. Review all reserves at …
https://www.osc.ny.gov/local-government/audits/school-district/2017/01/27/bath-central-school-district-reserves-2016m-401Town of Lapeer – Budgeting (2024M-127)
… and adopt realistic budgets. As a result, unrestricted fund balance in these funds increased to levels between 85 … budgeted appropriations were overestimated in the general fund, resulting in operating surpluses totaling $669,365 … by an average of $38,397 (19 percent) in the general fund. In addition, the Board has not developed and adopted a …
https://www.osc.ny.gov/local-government/audits/town/2025/01/31/town-lapeer-budgeting-2024m-127DiNapoli: Consumers Should Read Fine Print On Gift Cards This Holiday Season
… New York State Comptroller Thomas P. DiNapoli today urged New Yorkers … cards was turned over to the state’s Abandoned Property Fund. “As New Yorkers finish their holiday shopping, gift … To find out if you are owed money, visit www.osc.state.ny.us . … New York State Comptroller Thomas P DiNapoli today …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-consumers-should-read-fine-print-gift-cards-holiday-seasonDiNapoli: Read Fine Print on Gift Cards this Holiday Season
… New York State Comptroller Thomas P. DiNapoli is urging New Yorkers to … cards was turned over to the state's Abandoned Property Fund. "As New Yorkers begin their holiday shopping, gift … To find out if you are owed money, visit www.osc.state.ny.us . … New York State Comptroller Thomas P DiNapoli is …
https://www.osc.ny.gov/press/releases/2017/11/dinapoli-read-fine-print-gift-cards-holiday-seasonOpinion 93-30
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-93-30Town of Seward – Financial Management (2016M-353)
… Key Finding The Board has not effectively managed fund balance. Town officials have adopted budgets that … and underestimated revenues. Key Recommendation Expand the fund balance policy to cover reasonable amounts to maintain in each fund and how to manage annual operating surpluses. … The …
https://www.osc.ny.gov/local-government/audits/town/2016/12/30/town-seward-financial-management-2016m-353Forks Fire District #3 - Financial Planning (2018M-20)
… Audit Objective Determine if the Board properly manages fund balance. Key Findings The Board did not adopt financial … plans for the maintenance of a reasonable level of fund balance, the funding and use of reserves and a multiyear … plans for the maintenance of a reasonable level of fund balance, the funding and use of reserves and a multiyear …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/05/11/forks-fire-district-3-financial-planning-2018m-20Village of Maybrook – Water Operations (2013M-121)
… and comprises a Mayor and four Trustees. The water fund budgeted appropriations for the fiscal year ended May … or repaid as required. As of May 2012, the water fund owed the general fund approximately $126,000. Employee benefits costs were …
https://www.osc.ny.gov/local-government/audits/village/2013/08/16/village-maybrook-water-operations-2013m-121Town of Cayuta – Board Oversight and Cash Receipts and Disbursements (2015M-6)
… In each of the fiscal years 2012 through 2014, the general fund had available fund balance that was between 62 and 71 percent of the ensuing year’s budget and the highway fund had available fund balance that was between 21 and 53 …
https://www.osc.ny.gov/local-government/audits/town/2015/08/28/town-cayuta-board-oversight-and-cash-receipts-and-disbursements-2015m-6LaFayette Central School District – Reserves (2013M-387)
… During the 2012-13 fiscal year, the District had general fund operating expenditures of approximately $19.4 million. … Board’s extensive use of reserves along with appropriating fund balance in the annual budgets left the general fund with unassigned fund balance deficits for the past three …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/07/lafayette-central-school-district-reserves-2013m-387Germantown Central School District – Financial Management (2013M-230)
… $2.7 million for the period, which caused the accumulated fund balance to exceed the statutory maximum of 4 percent of … years, District officials appropriated $3.2 million in fund balance that was not needed to fund the budgets, and transferred approximately $1.1 million …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/17/germantown-central-school-district-financial-management-2013m-230DiNapoli Releases Report on Environmental Funding in New York State
… 2003 while its responsibilities have grown, according to a report released today by New York State Comptroller … has barely kept pace with inflation and now is projected to decline,”DiNapoli said. “Our natural resources are major … New Yorkers’ health and quality of life. We must continue to safeguard these assets.” DiNapoli’s report, “Environmental …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-releases-report-environmental-funding-new-york-stateState Contract and Payment Actions in April
… In April, the Office of the State Comptroller approved 1,190 contracts for state agencies … travel card services. State University Construction Fund $16.8 million with MLB Construction Services LLC for …
https://www.osc.ny.gov/press/releases/2022/05/state-contract-and-payment-actions-aprilDiNapoli: Coronavirus Will Cause Multi-Year Hit to State Finances
… impacts on public health, jobs, the economy and state finances. As a result, the enacted state budget leaves … state received almost $3.8 billion in Coronavirus Relief Fund resources earlier this month, the total amount of …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-coronavirus-will-cause-multi-year-hit-state-financesOpinion 94-11
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … to include as part of its budget an appropriation to fund an annual firefighter's inspection-dinner for each fire … applies to an expenditure of fire district moneys to fund an anniversary celebration of the fire district fire …
https://www.osc.ny.gov/legal-opinions/opinion-94-11State Agencies Bulletin No. 1852
… vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2020. Affected … Agencies are required to provide the Office of the State Comptroller (OSC) with the value of the personal use of … is not considered salary for the purposes of computing retirement benefits. Employee’s Paycheck/Advice Earnings Code …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1852-procedures-reporting-taxable-value-personal-use-employer-provided