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NYS Common Retirement Fund Announces Third Quarter Results
… Fund’s (Fund) overall return in the third quarter of the state fiscal year 2015 was 1.91 percent for the … during the quarter. The Fund’s value was $176.8 billion as of the end of the state fiscal year on March 31, 2014. The Fund has 39.5 …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsVillage of Spencerport – Financial Management (2013M-134)
… budgeting practices or the level of unexpended surplus funds to maintain. Although the Board has been provided with … $3.73 million in fund balance for the general and sewer funds, over $2.9 million of this amount was not used. … the Village has accumulated excessive unexpended surplus funds amounting to $833,139 and $522,373 in the general and …
https://www.osc.ny.gov/local-government/audits/village/2013/09/13/village-spencerport-financial-management-2013m-134IV.5.A Operating and Other Transfers – IV. Accounting Codes - Uses and Descriptions
… constitute legally-authorized transfers from a fund receiving revenues to a fund through which disbursements will … the fund from which transfers are made and the fund receiving the transfer-in. All operating transfers are … constitute legallyauthorized transfers from a fund receiving revenues to a fund through which disbursements will …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5a-operating-and-other-transfersDiNapoli Releases July State Cash Report
… may change depending upon developments in Washington." All Funds receipts totaled $48.6 billion, an increase of $666.9 million or 1.4 percent from a year earlier. All Funds receipts were $118.9 million higher than the latest … below initial projections in the Enacted Budget. All Funds spending totaled $50.4 billion through July 31, …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportDiNapoli Releases Climate Action Plan
… portfolio companies to encourage and support climate risk management, strategic planning and reporting; Refine external …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planNiagara Wheatfield Central School District - Niagara Power Coalition and Native American Revenues (2019M-227)
… managed and accounted for Niagara Power Coalition and Native American revenues. Key Findings District officials did … managed and accounted for Niagara Power Coalition and Native American revenues …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/21/niagara-wheatfield-central-school-district-niagara-power-coalition-andOpinion 89-56
… plan. As an incentive for employees to help identify charges made by health care providers for services not … payment constitutes a gift of town funds in violation of Article VIII, §1 of the State Constitution. Town Law, §27(1) …
https://www.osc.ny.gov/legal-opinions/opinion-89-56School of Professional Studies – Controls Over Bank Accounts
… whether there was fraud, waste, or abuse in the use of funds held in its bank accounts. Background The City … were for Tuition and Fees, School Depository, Tax Levy funds, and the CUNY SPS Foundation. Key Findings We found a … whether there was fraud waste or abuse in the use of funds held in its bank accounts …
https://www.osc.ny.gov/state-agencies/audits/2015/06/02/school-professional-studies-controls-over-bank-accountsTown of Wawarsing - Financial Oversight of Select Activities (2018M-239)
… over selected financial activities to properly account for and safeguard Town funds. Key Findings The Board did not … The Board should provide stronger oversight by: Reviewing and approving proposals, bids, change orders and vendor requests for payment. Auditing claims prior to …
https://www.osc.ny.gov/local-government/audits/town/2019/06/28/town-wawarsing-financial-oversight-select-activities-2018m-239DiNapoli: Former Alexandria Town Clerk Pleads Guilty in Theft
… Bay, pleaded guilty to grand larceny in the fourth degree (a class E felony) and is expected to be sentenced to …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-former-alexandria-town-clerk-pleads-guilty-theftIX.11.A Single Audit Act Accounting and Reporting Requirements – IX. Federal Grants
… accounting and administrative requirements for the federal funds it receives and disburses. Many of these requirements … of information relating to the status of federal grant funds. The federal award and Assistance Listing Number (ALN) … accounting and administrative requirements for the federal funds it receives and disburses …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix11a-single-audit-act-accounting-and-reporting-requirementsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… approximately $3.1 billion or 8.3 percent higher than for the same period last year. Significant increases include spending for Medicaid (up $1.6 billion primarily from federal sources) …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli Releases January State Cash Report
… date tax collections were $167.9 million higher than the latest projections included in the Third Quarter Update to … percent, from a year earlier. Total receipts exceeded the latest projections by $75.1 million, primarily because of … website called Open Book New York ( www.openbooknewyork.com ). … State tax collections totaled nearly $627 billion …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-releases-january-state-cash-reportDiNapoli Releases November State Cash Report
… of nearly $45.2 billion were $23.3 million higher than the latest projections included in the mid-year update to the … All Funds spending was $308.7 million lower than the latest projections, and $603.3 million higher than initial … website called Open Book New York ( www.openbooknewyork.com ). … State tax collections through November declined $11 …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-releases-november-state-cash-reportDiNapoli Releases August State Cash Report
… earlier. These receipts were $272.4 million lower than the latest projections made in August but $110.6 million higher … million). All Funds spending was $850.5 million below the latest projections, and $1.8 billion below initial … than a year earlier, but $178.6 million higher than the latest projection. For a detailed breakdown, go to …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-releases-august-state-cash-reportMonitoring and Administration of Public Protection Grant Programs (Follow-Up)
… and community-based organizations in implementing strategies to reduce and prevent shootings and gun-related …
https://www.osc.ny.gov/state-agencies/audits/2021/11/16/monitoring-and-administration-public-protection-grant-programs-followDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… system members and their beneficiaries that rely on the pension fund for their retirement security,” DiNapoli said. … largest and most comprehensive of any home state focused pension investment program in the United States and has now … State Common Retirement Fund is one of the largest public pension funds in the United States with assets of …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesIX.12.O Refunds – IX. Federal Grants
… date the state agency receives the refund to the date the funds are returned to the U.S. Treasury or offset against … the State Treasury for credit to the appropriate federal funds appropriation, but in no event shall this transfer … State agencies that do not remit refunds to the federal funds appropriation on a timely basis will have to separately …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12o-refundsHalf Hollow Hills Community Library - Fund Balance (2018M-127)
… surplus fund balance, how the Board expects to use surplus funds and the timeframe for doing so. As of 2016-17 fiscal … and the Library has no plan for the use of these surplus funds. Key Recommendations Amend the Library’s policy to address the maintenance of surplus funds, how they will be used and the timeframe for doing so. …
https://www.osc.ny.gov/local-government/audits/library/2018/11/09/half-hollow-hills-community-library-fund-balance-2018m-127Town of Stockton – Financial Management (2014M-90)
… adopt a policy to address the level of unexpended surplus funds; as a result, the general and highway town-wide funds have accumulated an excessive amount of unexpended surplus funds. The Board has consistently overestimated …
https://www.osc.ny.gov/local-government/audits/town/2014/09/12/town-stockton-financial-management-2014m-90