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Adequacy of 2021 Budgets - Town of Bolton (S9-21-1)
The purpose of our budget review was to provide an independent evaluation of the Towns adopted budget for the 2021 fiscal year
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/07/adequacy-2021-budgets-town-bolton-s9-21-1NYS Common Retirement Fund Reports Third Quarter Results
… estate and real assets (8.6 percent) and absolute return strategies and opportunistic alternatives (4.1 percent). …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsComptroller DiNapoli Releases Municipal Audits
… totaling $8,300; this equates to approximately $200,000 in lost revenue at the current rate of collection. Auditors also …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-audits-0CUNY Bulletin No. CU-212
… of new Deduction Codes to be used to process deductions for employees participating in the CUNY Transit Benefit … Codes Four new Deduction Codes have been established for this program as follows: 438 CUNY Pre-Tax Transit … and flat amount based upon the plan option or fee amount. Salary Refund Exchange Processing (AC230s) All deductions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-212-processing-payroll-deductions-new-cuny-transit-benefitComptroller DiNapoli Releases School Audits
… State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Chatham Central School … , Edmeston Central School District , Kenmore-Town of Tonawanda Union Free School District , Penfield Central …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-school-auditsCity of Newburgh – Budget Review (B20-6-12)
… [read complete report - pdf] Purpose of Budget Review The purpose of our budget review was to … budgets must be submitted to the State Comptroller for examination and recommendations. Key Findings The City’s …
https://www.osc.ny.gov/local-government/audits/city/2020/11/13/city-newburgh-budget-review-b20-6-12State Comptroller DiNapoli Releases School District Audits
… exposed to malicious software. A written disaster recovery plan was not made available to the Comptroller’s auditors or …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits-1City of Mechanicville – Records and Reports (2012M-162)
… audit was to review the City’s financial management system for the period January 1, 2010, through February 29, 2012. …
https://www.osc.ny.gov/local-government/audits/city/2013/02/01/city-mechanicville-records-and-reports-2012m-162City of Troy – Budget Review (B19-5-8)
… and expenditure projections in the City’s proposed budget for the 2020 fiscal year are reasonable. Background The City … liquidate cumulative deficits in the City’s general fund for the years ending December 31, 1993, 1994 and 1995. New … expired and the City faces potential significant increased salary and wage costs in the event that the CBA is settled in …
https://www.osc.ny.gov/local-government/audits/city/2019/11/07/city-troy-budget-review-b19-5-8Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… additional money in the reserves. The District’s multiyear plan did not include provisions for the use of reserves, …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191DiNapoli: Town of Bennington Audit Leads to Arrest
… but not deposited in the town’s bank accounts, according to New York State Comptroller Thomas P. DiNapoli. The clerk, … my office continues to uncover instances such as this where inadequate financial controls result in public money … have to pour through. This is yet another case where procedures were not followed, the checks and balances …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-town-bennington-audit-leads-arrestDiNapoli: Organic Farms Growing in New York
… 2008 to 2014 with $164 million in sales that year, as New York ranked third nationwide in the number of certified … by State Comptroller Thomas P. DiNapoli . In 2015, New York’s organic sales rose another 35 percent. "Organic …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-organic-farms-growing-new-yorkChautauqua County Asst. Treasurer Guilty in $4,100 Theft
… County Water and Soil District pleaded guilty today to stealing $4,100 in county funds, according to State Comptroller Thomas P. DiNapoli. Debra Kelley … resigned after 26 years of county employment and admitted to stealing the cash between 2012 and 2017. She agreed to pay …
https://www.osc.ny.gov/press/releases/2019/05/chautauqua-county-asst-treasurer-guilty-4100-theftComptroller DiNapoli & A.G. Schneiderman Announce Indictment of Former Highway Superintendent in Public Corruption Case
… in this investigation. Assistant Attorney General Colleen Glavin of the Public Integrity Bureau is prosecuting …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-ag-schneiderman-announce-indictment-former-highway-superintendent-publicDiNapoli: Identity Theft Cases Surged in New York in 2020
… do more to protect consumers from identity theft.” Credit card fraud was the most common type of identity theft … someone misused their information on an existing credit card account or to open a new account. More than 3,600 … take their Social Security, bank account or credit card information. Private businesses that collect and …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31, 2021, … mortgages (23.14 percent), private equity (10.57 percent), real estate and real assets (8.24 percent) and credit, absolute …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli: Fewer Counties Exceeding Tax Cap
… half over the past four fiscal years, dropping from 15 in 2012 to only six in 2015, according to a report issued today by State … tax levy increase has remained at or below 2 percent in each of the past four years. “Counties are holding the …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … its latest fiscal crisis,” DiNapoli said. “It should use this opportunity to stop its recurring cycle of fiscal crises … regional economy needs the MTA to regain its strength and win back riders to a safe, reliable and on-time transit …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… to December) increased by 8.8% over the same quarter of 2021, which was similar to the year-over-year rates seen … to fairly weak collections from the same quarter in 2021, when COVID infection rates were peaking, public vaccinations … were still in place. Inflation, even with the impact of the gas tax holiday, was one of the main drivers for sales …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: 14 School Districts Designated in Fiscal Stress
… Fourteen school districts statewide were designated in some level of … in aid. However, the federal aid is temporary so school district officials may face difficult operational and … City and the “Big Four” City School Districts of Buffalo, Rochester, Syracuse and Yonkers, found one school district in …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stress