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DiNapoli: State Pension Fund Value $194.3 Billion
… York State and Local Retirement System (NYSLRS) has the funds on hand to provide retirement security to its more than …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionComptroller DiNapoli, A.G. Schneiderman, State & DOI Commissioner Mark Peters Announce Conviction of Non-Profit Executive Involved in Six-Year Theft Scheme
… exposed the theft of approximately $300,000 in public funds provided by New York State, the New York City Council, … conviction sends a clear message: if you use taxpayer funds to line your own pocket, you will face serious … that City-funded organizations are misusing public funds and ensure that anyone who abuses their position or …
https://www.osc.ny.gov/press/releases/2015/10/comptroller-dinapoli-ag-schneiderman-state-doi-commissioner-mark-peters-announce-conviction-nonDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… lower than projections in the Division of the Budget’s (DOB) 2024 Updated Executive Budget Financial Plan, the most … fiscal course.” Decline in Projected Revenues Based upon DOB’s most recent Financial Plan projections, as well as … was anticipated, these revenues were 39.1% lower than DOB cash flow projections for April contained in its most …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetOpinion 98-12
… to temporarily finance operations of the other) MUNICIPAL FUNDS -- Accounting (commingling of city and dependent school … Public moneys apportioned to a city by the state and all funds raised or collected by the authorities in a city for … for any purpose authorized in this chapter, or any other funds belonging to a city and received from any source …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Friendship Central School District – Fund Balance and Reserves (2022M-55)
… Adopt budgets that include reasonable estimates for appropriations, appropriated fund balance and reserve …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/22/friendship-central-school-district-fund-balance-and-reserves-2022m-55Randolph Central School District - Financial Management (2019M-232)
… to comply with the statutory limit and use the excess funds in a manner more beneficial to taxpayers. Return money …
https://www.osc.ny.gov/local-government/audits/school-district/2020/03/06/randolph-central-school-district-financial-management-2019m-232City of Long Beach – Budget Review (B20-7-3)
… and certain other funds as of June 30, 2012. Local Finance Law requires all municipalities that have been authorized to … million which is $4,136 above the limit established by law. The Council has not adopted a resolution authorizing the …
https://www.osc.ny.gov/local-government/audits/city/2020/05/13/city-long-beach-budget-review-b20-7-3Village of Remsen – Clerk-Treasurer’s Records and Reports (2020M-119)
Determine whether the Village of Remsen Village ClerkTreasurer maintained adequate records and reports to allow the Board of Trustees Board to properly manage Village finances
https://www.osc.ny.gov/local-government/audits/village/2021/01/08/village-remsen-clerk-treasurers-records-and-reports-2020m-119Central Islip Union Free School District – Financial Management (2013M-380)
… Although the Board appropriated unexpended surplus funds each year (exceeding a combined $13.2 million over the … the District’s accumulated unexpended surplus funds exceeded the amount allowed by statute in each of the … that result in the appropriating unexpended surplus funds that will not be used to fund the next year’s …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380Town of Minetto – Financial Condition (2013M-284)
… condition of the general, highway and lighting district funds has diminished in recent years, resulting in fiscal … stress. As of December 31, 2012, the general and highway funds reported unexpended fund deficits of $24,853, and … and the lighting district fund had unexpended surplus funds of only $2,598. The Board does not receive monthly …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-minetto-financial-condition-2013m-284VII.10.A Cash Advance Overview – VII. State Revenues and Appropriated Loan Receivables
… and Annual Confirmation of this Chapter; Advance funds should never be commingled with any other moneys in the … or facility; and Annual review of the use of advance funds to determine the appropriate funding levels. Cash … payments, and professional services. Advance account funds are established from money (excluding federal funds) …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10a-cash-advance-overviewState Comptroller DiNapoli Releases Municipal Audits
… and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-municipal-auditsPutnam Valley Central School District – Financial Condition (2016M-135)
… Purpose of Audit The purpose of our audit was to examine the District’s financial … Valley Central School District is located in the Town of Putnam Valley in Putnam and Westchester Counties. The … students, is governed by an elected five-member Board of Education. Budgeted appropriations for the 2015-16 fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/putnam-valley-central-school-district-financial-condition-2016m-135Village of Potsdam – Financial Condition (2017M-61)
… Key Findings The Village’s hydroelectric and sewer funds had deficit fund balances, and the general fund’s … Continue to work to eliminate deficits in the operating funds and to increase fund balance to the levels established …
https://www.osc.ny.gov/local-government/audits/village/2017/05/26/village-potsdam-financial-condition-2017m-61Grand Island Central School District – Interfund Financial Activity (2016M-42)
… between the general, capital projects and special aid funds for the period July 1, 2010 through September 30, 2015. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/grand-island-central-school-district-interfund-financial-activity-2016mDiNapoli: State Faces Potential Budget Gaps
… that annual spending growth from State Operating Funds will not exceed 2 percent. For the first time since DOB … ago, the Financial Plan shows that even if State Operating Funds spending growth is held to 2 percent, outyear gaps will … the following three years. Spending from State Operating Funds is projected to increase 2 percent this year, but after …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gapsState Agencies Bulletin No. 2243.2
… Payroll Bulletin No. 2243 .1 Purpose: The purpose of this bulletin is to notify agencies of the new Payroll … of payroll checks issued out of the Statewide Financial System (SFS). This report includes all stopped/reissued … salary exchange checks, direct deposit returns, and retirement refunds, in addition to the status of direct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22432-revised-new-payroll-check-notification-reportProcurement Practices
… contracting practices provide sufficient assurance that funds are spent appropriately, are in the best interest of … of its mission, Buffalo spent nearly $330 million in State funds on procurements between April 2016 and September 2018. … contracting practices provide sufficient assurance that funds …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesOversight of the Supported Housing Program – Rehabilitation Support Services, Inc.
… that Rehabilitation Support Services, Inc. (RSS) expended funds appropriately and provided the required services under … ensuring that Rehabilitation Support Services Inc expended funds appropriately and provided required services …
https://www.osc.ny.gov/state-agencies/audits/2017/05/04/oversight-supported-housing-program-rehabilitation-support-services-incXV.15 Fund Classification Manual – XV. End of Year
… throughout the year to reflect changes made to various funds pursuant to legislation. Guide to Financial Operations … throughout the year to reflect changes made to various funds pursuant to legislation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv15-fund-classification-manual