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Items That May Affect Your Pension – Coordinated Plan For ERS Tier 5 Members

Items That May Affect Your Pension – Coordinated Plan For ERS Tier 3 and 4 Members

Items That May Affect Your Pension – New Career Plan

Delaware Academy Central School District at Delhi – Financial Management (2024M-21)

… (Board) and District officials properly managed fund balance and reserves. Key Findings  The Board and District officials did not properly manage fund balance and reserves. The Board and officials’ consistent practice of appropriating fund balance that is not needed and maintaining unreasonable …

BOCES Milk Bidding (2018-MS-2)

… [read complete report - pdf] We also released four letter reports to the following BOCES: Capital Region [pdf] , … 2-Orleans [pdf] . Audit Objective Determine whether Board of Cooperative Educational Services (BOCES) milk bidding … the most cost effective purchasing option. 1 U.S. Code of Federal Regulations, Title 7 Section 210.10 2 New York …

Laurens Central School District - Cafeteria Operations and Reserves (2018M-111)

… B includes our comment on an issue that was raised in the District’s response letter. … Laurens Central School …

Glens Falls City School District - Financial Management (2019M-12)

… past three fiscal years and the surplus fund balance was in excess of the statutory limit at fiscal year-ends 2015-16 … were consistently overestimated which resulted in the increasing fund balance levels and the District not … multiyear financial and capital plan. Except as specified in Appendix A, District officials generally agreed with our …

Caledonia-Mumford Central School District – Financial Management (2024M-101)

… Caledonia-Mumford Central School District (District) Board of Education (Board) and District officials effectively … increased the unemployment reserve to $888,580 as of June 30, 2023, a 310 percent increase over the three years … B includes our comments on the District’s response letter.  … Determine whether the CaledoniaMumford Central …

NYS Common Retirement Fund Announces Third Quarter Results

… Retirement Fund’s overall return in the third quarter of the Fund’s 2015-2016 fiscal year was 2.88 percent for the … Thomas P. DiNapoli. The Fund had an estimated value of $178.3 billion at the close of its third quarter. “The … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …

Important Filing Reminders – Enhanced Reporting

… data. If you are reporting data for the first time, you need to submit it in a regular monthly report. Once you … submit a member’s data in a regular monthly report, if you need to submit any subsequent data for that member, submit it … (RS2050-A) and mail them to the address listed at the top of the Report form. An Adjustment Report (RS2050) should only …

NYS Common Retirement Fund Reports Second Quarter Results

The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 201920 was 116 percent

Adequacy of 2021 Budgets - Town of Niskayuna (S9-21-11)

… [ read complete report - pdf ] Purpose The purpose of our budget review was to provide an independent evaluation of the Town’s adopted budget for the 2021 fiscal year. … of future financial impacts. The pandemic increases the need for local officials to more closely monitor their …

NYS Common Retirement Fund Announces Second Quarter Results

… state fiscal year on March 31, 2014 and an estimated $180.7 billion at the end of the first quarter. The Fund has 38.1 … cash, bonds and mortgages (26.6 percent), private equity (7.9 percent), real estate (6.8 percent), absolute return …

Opinion 89-47

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … the fire district, as extended. This is in reply to your letter concerning the proposed extension of a fire district. …

Madison County – Temporary Courthouse Lease and Renovations (2019M-41)

… Findings County officials: Paid more than $1.5 million to a limited liability company (LLC) to lease and renovate temporary courthouse space for a 19-month period. Did not use a competitive process to lease …

Eastport-South Manor Central School District – Building Safety (2020M-18)

… years deemed necessary by the New York State Commissioner of Education (Commissioner) and needed repairs are completed … on an issue that was raised in the District’s response letter. … Determine whether District officials provided …

Berkshire Fire District - District Operations (2020M-40)

… when procuring goods and services, and maintain a record of quotes obtained for purchases. Establish a comprehensive … on an issue that was raised in the District’s response letter. … Determine whether District officials used a …

Groton Central School District – Cash Management (2020M-124)

… investment program or comply with the District’s Board of Education’s (Board) investment policy. Solicit interest … our comments on issues raised in the District’s response letter. … Determine whether Groton Central School District …

State Agencies Bulletin No. 1548

… the completion of the roll-over to the Department Budget Table USA containing the chart of accounts strings for agency … no disruption to PayServ system availability during this time. Administrative agencies should not make any changes to the Department Budget Table USA on or after March 23, 2017 until the April 5, 2017 …

State Agencies Bulletin No. 1634

… the completion of the roll-over to the Department Budget Table USA containing the chart of accounts strings for agency … no disruption to PayServ system availability during this time. Administration agencies must not make any changes to the Department Budget Table USA on or after March 22, 2018 until the April 4, 2018 …