Search
Town of Bovina – Internal Controls Over Cash Receipts and Disbursements (2012M-237)
… were $936,700 funded primarily with real property taxes, water and sewer charges, and State aid. Key Findings The Board and Supervisor did not … allowed the bookkeeper to affix the Supervisor’s signature on disbursement checks using a rubber stamp. No one compares …
https://www.osc.ny.gov/local-government/audits/town/2013/02/22/town-bovina-internal-controls-over-cash-receipts-and-disbursements-2012m-237Addison Central School District – Financial Condition (2016M-30)
… through December 15, 2015. Background The Addison Central School District is located in the Towns of Addison, Cameron, … are overfunded and potentially unnecessary. The District’s school lunch fund balance exceeded federal regulations. The …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/addison-central-school-district-financial-condition-2016m-30Moravia Central School District – Cafeteria Operations (2016M-4)
… 1, 2014 through October 15, 2015. Background The Moravia School District is located in the Town of Moravia, Locke, … by an elected seven-member Board of Education. Budgeted school lunch appropriations for the 2015-16 fiscal year were …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/moravia-central-school-district-cafeteria-operations-2016m-4Massena Central School District – Financial Condition (2016M-21)
… audit was to examine the District’s financial condition for the period July 1, 2014 through August 31, 2015. … unrestricted fund balance has exceeded the statutory limit for the past three years. The District overfunded the …
https://www.osc.ny.gov/local-government/audits/school-district/2016/05/27/massena-central-school-district-financial-condition-2016m-21East Aurora Union Free School District – High School Extra-Classroom Activity Funds (2016M-163)
… Purpose of Audit The purpose of our audit was to determine if the … The East Aurora Union Free School District is located in the Towns of Aurora, Colden and Elma in Erie County. The … year totaled approximately $31 million. The District’s high school extra-classroom activity (ECA) funds were …
https://www.osc.ny.gov/local-government/audits/school-district/2017/02/24/east-aurora-union-free-school-district-high-school-extra-classroomPanama Central School District – Procurement (2024M-73)
… goods and services in compliance with the District’s procurement policies. Key Findings The Board and District … officials did not always comply with the District’s procurement policies or New York State General Municipal Law … generally requires purchase contracts that exceed certain thresholds to be competitively bid. In addition, the claims …
https://www.osc.ny.gov/local-government/audits/school-district/2024/09/27/panama-central-school-district-procurement-2024m-73Fairview Fire District – Payroll and Leave Accruals (2024M-96)
… not provide adequate oversight, segregate payroll duties or develop compensating controls or develop written policies and procedures for these duties. … $55,407 in overtime payments that could have been avoided or reduced. Key Recommendations Ensure employees are paid …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/01/24/fairview-fire-district-payroll-and-leave-accruals-2024m-96Cost-Saving Ideas: School District Auditing – Internal Auditor
… update on the risk assessment; tests and evaluates one or more areas of the district’s operations periodically; and … expenditures of less than $5 million in the previous year, or enrollment of fewer than 1,500 students as of April 1, … from the NYSED Office of Education Management’s website or by phone at (518) 474-6541. Inter-municipal and shared …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-internal-auditorState Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … procurement policy that describes the process to be followed when procuring goods and services. Auditors … and disbursements were authorized, the board needs to improve its oversight of the treasurer's financial duties. …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… was 9.51% for the state fiscal year that ended March 31, 2022. The return on investments increased the Fund’s value to … been the state and local governments, which consistently pay their contributions. As of March 31, 2022, the Fund had 49.70% of its assets invested in publicly …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnState Comptroller DiNapoli Releases Municipal Audits
… operations or ensure bank reconciliations were performed. In addition, the board did not ensure that the district’s required annual financial reports were filed in a timely manner or conduct an annual audit of the … determined that 34, totaling $30,126, were not processed in accordance with the company’s accounting manual. These …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… Employer contribution rates for the state's pension system in State Fiscal Year 2019-20 will be in line … their future budgets," DiNapoli said. "New York State's pension fund is one of the strongest and best funded in the … The Fund was ranked one of the nation's best-funded pension plans in 2018, according to Pew Charitable Trusts. …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020Comptroller DiNapoli Releases State Audits
… Community Renewal (DHCR): Oversight and Monitoring of the Public Housing Modernization Program at the New York City …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases School District Audits
… Thomas P. DiNapoli today announced the following school district audits have been issued. Charter School for …
https://www.osc.ny.gov/press/releases/2019/06/comptroller-dinapoli-releases-school-district-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… in fiscal year 2021-22. Lastly, two capital project funds and three community development funds have negative fund balances that may require a transfer …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 98-11
… holiday, the penalty-free period is automatically extended to the next business day and a real property tax payment … special or local law. Real Property Tax Law, §925 relates to real property tax payments made by mail and provides that, … payment, upon delivery, is deemed to have been made on the date of the United States postmark on the wrapper. Thus, a …
https://www.osc.ny.gov/legal-opinions/opinion-98-11Opinion 97-24
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Auxiliary (participation in … may not participate in a service award program established for the members of the fire company unless they have been … to participate in a service award program. Thus, in order for a member of an auxiliary organization to …
https://www.osc.ny.gov/legal-opinions/opinion-97-24DiNapoli Announces $15 Million Investment in Northern Ireland
… today announced that the New York State Common Retirement Fund (Fund) is investing $15 million (£9 million) with … followed an intensive analysis by 57 Stars LLC, the manager of the Fund’s $100 million Emerging Europe Fund, and … heartened by the news from New York — at this special time for the Irish across the globe, St. Patrick’s Day — of a …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandState Comptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced … paid. Officials also did not obtain the minimum number of quotes for nine claims totaling $18,628. Katonah-Lewisboro … cost of $55,832 were not recorded on the inventory list. District officials were unable to locate 26 fixed …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… totaled $121.1 billion — $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive … according to the March State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. Tax … Enacted Budget projections. PTET proceeds are expected by the Division of the Budget to be offset by lower personal …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projections