Local Government and School Accountability

Previous Accounting Releases (Advisories and Bulletins):

2010 Releases

• Accounting Bulletin - Local Government Report on Private Sale of Bonds [pdf]
  Issued to: Chief Fiscal Officers
• Accounting Bulletin - Employer Contribution Stabilization Program – Rescinded September 2011
  Issued to: Chief Fiscal Officers
  
  This guidance has been incorporated and/or superseded by OSC September 2011 accounting bulletin, Pension Accounting and Reporting Changes [pdf]

• Account Codes for Natural Gas and Wind Farm Revenues [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers School District Business Officials

2009 Releases

• American Recovery and Reinvestment Act Accounting and Reporting [pdf]
  Issued to: Chief Fiscal Officers
• Accounting Codes for the New Metropolitan Commuter Transportation Mobility Tax – Rescinded March 2012
  Issued to: Chief Fiscal Officers of Participating Municipalities
  
  This guidance has been superseded by OSC March 2012 accounting bulletin, Accounting Update for the Metropolitan Commuter Transportation Mobility Tax [pdf]

2008 Releases

• Accounting for Compensated Absences - Updated and Clarified [pdf]
  Issued to: Chief Fiscal Officers

• Securing Local Government Deposits and Temporary Investments [pdf]
  Issued to: Chief Fiscal Officers

• Improved Financial Disclosure for LOSAPs and the New LOSAP Audit Requirements [pdf]
  Issued to: Chief Fiscal Officers of Cities, Towns, Villages and Fire Districts that Sponsor a Length of Service Awards Program (LOSAP) for Volunteer Firefighters
  
  Model Notes:
  Defined Benefit Plans [pdf]
  Defined Contribution Plans [pdf]

2007 Releases

• Pollution Remediation Obligations [pdf]
  Issued to: County, City, Town, Village, School District and BOCES Chief Fiscal Officers
• Accounting for Sales of Real Property Tax Receivables and Future Tobacco Settlement Receipts [pdf]
  Issued to: County and City Chief Fiscal Officers

2006 Releases

• Fire District Reform Legislation [pdf]
  Issued to: Fire District Treasurers

• Model Custodial Agreement for Use with Collateral Pools [pdf]
  Issued to: Chief Fiscal Officers

• Accounting and Budgeting for Shared Sales Tax Revenues [pdf]
  Issued to: County Chief Fiscal Officers

• Medicare Part D - Federal Prescription Drug Benefits Program [pdf]
  Issued to: Chief Fiscal Officers

2005 Releases

• Advisory - Medicaid Cap Legislation Update [pdf]

• Advisory - Changes to Law Governing Temporary Investments [pdf]
  Issued to: Chief Fiscal Officers

• Advisory - Medicaid Cap Legislation [pdf]
  Issued to: County Chief Fiscal Officers
• Other Post Employment Benefits (OPEB) [pdf]
  Issued to: County, City, Town, School District and BOCES Chief Fiscal Officers

• Service Award Program Accounting Procedures [pdf]
  Issued to: Counties, Cities, Towns, Villages and Fire Districts

• Accounting Bulletin - Revision to August 2004 Bulletin: Modification of NYS Retirement System's Annual Payment Date and Reserve Provision for Pension Contributions – Rescinded September 2011
  Issued to: Chief Executive Officers and Chief Fiscal Officers
  
  This guidance has been incorporated and/or superseded by OSC September 2011 accounting bulletin, Pension Accounting and Reporting Changes

2004 Releases

• Reporting of Tobacco Asset Securitization Corporations [pdf]
  Issued to: County Chief Fiscal Officers
• Accounting Bulletin - Accounting for Pension Payments – Rescinded September 2011
  Issued to: Local Government Officials
  
  This guidance has been incorporated and/or superseded by OSC September 2011 accounting bulletin, Pension Accounting and Reporting Changes

• New York State Rail Infrastructure Investment Act of 2002 [pdf]
  Issued to: County, City, Town, Village and School District Chief Fiscal Officers
• Homeland Security Aid [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers

• Accounting Bulletin - Modification of NYS Retirement Systems' Annual Payment Date and Reserve Provision for Pension Contributions – Rescinded September 2011
  Issued to: Chief Executive Officers and Chief Fiscal Officers
  
  This guidance has been incorporated and/or superseded by OSC September 2011 accounting bulletin, Pension Accounting and Reporting Changes

2003 Releases

There were no releases posted for 2003

2002 Releases

• Revenue Codes for Child Welfare Funding
  Issued to: County Chief Fiscal Officers

• Advance Refunding Bonds
  Issued to: School District and BOCES Business Officials
• Accounting Release for the Implementation of GASB Statement 34 - "Financial Reporting Model"
  Issued to: Chief Fiscal Officers and Chief Executive Officers of Counties, Cities, Towns, Villages and Fire Districts; Superintendents and Business Officials of School Districts and BOCES

• Accounting and Reporting Changes
  Issued to: County, City, Town and Village Chief Fiscal Officers

2001 Releases

• Budgetary Comparison Information
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District and BOCES Business Officials

• Fund Financial Statements
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District and BOCES Business Officials

• Budgeting and Fund Balance Legislation
  Issued to: County, City, Town, Village and Fire District Chief Executive and Fiscal Officers

• Government-Wide Financial Statements (2nd in a series of GASB Statement No. 34 Bulletins)
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District and BOCES Business Officials

• Management's Discussion and Analysis (MD&A) (1st in a series of GASB Statement No. 34 Bulletins)
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District and BOCES Business Officials

• Accounting and Reporting of Expendable and Nonexpendable Trust
  Issued to: County, City, Town and Village Chief Fiscal Officers; Business Officials of School Districts and BOCES
• Tobacco Settlement Payments
  Issued to: Chief Fiscal Officers of Counties

2000 Releases

• GASB Statement No. 33 "Accounting and Financial Reporting for Nonexchange Transactions"
  Issued to: Chief Fiscal Officers of Counties, Cities, Towns and Villages; Business Officials of School Districts and BOCES

• Accounting Systems Update - Capital Reserve Funds – Rescinded May 2011
  Issued to: School District Business Officials
  
  This guidance is superseded by the implementation of GASB Statement 54 Fund Balance Reporting and Governmental Fund Type Definitions. Capital Reserves may now be reported as Restricted Fund Balance in the fund financing the reserve or in the authorized Capital Projects Fund. Refer to OSC April 2011 accounting bulletin, Fund Balance Reporting and Governmental Fund Type Definitions [pdf], for additional guidance on GASB 54.

• Accounting System Update - Elimination of Risk Retention Fund (CS)
  Issued to: Chief Fiscal Officers of Counties, Cities, Towns, Villages
• Accounting Systems Update - Capital Reserve Funds – Rescinded May 2011
  Issued to: Chief Fiscal Officers of Counties, Cities, Towns, Villages
  
  This guidance is superseded by the implementation of GASB Statement 54 Fund Balance Reporting and Governmental Fund Type Definitions. Capital Reserves may now be reported as Restricted Fund Balance in the fund financing the reserve or in the authorized Capital Projects Fund. Refer to OSC April 2011 accounting bulletin, Fund Balance Reporting and Governmental Fund Type Definitions [pdf], for additional guidance on GASB 54.

• Workforce Investment Act
  Issued to: Chief Fiscal Officers of Counties, Cities, Towns, Villages and Fire Districts; Superintendents and Business Officials of School Districts and BOCES

• Handicapped Parking Education Program
  Issued to: County, City, Town and Village Chief Fiscal Officers

1999 Releases

• NYS Environmental Facilities Corporation State Revolving Loan Funds
  Issued to: County, City, Town and Village Chief Fiscal Officers

• Amendment to June 1998 Bulletin "Accounting for the State Tax Relief (STAR) Program
  Issued to: County, City, Town and Village Chief Fiscal Officers; School Districts and BOCES Business Officials

1998 Releases

• The Year 2000 (Y2K) Issue and Disclosure Requirements [pdf]
  Issued to: Chief Executive Officers and Chief Fiscal Officers of Counties, Cities, Towns, Villages and Fire Districts; Superintendents and Business Officials of School Districts and BOCES

• Change in Accounting for Deferred Compensation Plans [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District and BOCES Business Officials

• Accounting for Town and Village Justice Payments [pdf]
  Issued to: Town and Village Chief Fiscal Officers

• Changes to Revenue and Expenditure Accounts Resulting from Welfare Reform [pdf]
  Issued to: County Fiscal & Budget Officers and Social Services Commissioners
• Accounting for the State Tax Relief (STAR) Program [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers, School District and BOCES Business Officials

• Accounting Requirements and Program Information for Multi-Modal Transportation Program
  Issued to: County, City, Town and Village Chief Fiscal Officers

• Medicaid Management Information System [pdf]
  Issued to: County Fiscal and Budget Officers

1997 Releases

• Accounting for the Intergovernmental Transfer (IGT) [pdf]
  Issued to: County Fiscal Officers

• New York City Watershed Agreement [pdf]
  Issued to: Fiscal Officers of Participating Municipalities
• Risk Retention Fund is Eliminated by Governmental Accounting Standards Board (GASB) Statement No. 10 - Accounting and Financial Reporting for Risk Financing and Insurance Issues [pdf]
  Issued to: Superintendents and Business Officials of School Districts and BOCES

1996 Releases

• Accounting for Gifts and Donations to the Drug Abuse Resistance Education (D.A.R.E.) Program [pdf]
  Issued to: Fiscal Officers of Counties, Cities, Villages, and Towns

• Accounting for Registrar Fees by City Clerks, Town Clerks and Villages Clerks Who Are Unsalaried Registrars of Vital Statistics and Accounting for Emergency Disaster Work [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers
• Social Service Block Grants and Targeted Medicaid Costs Savings [pdf]
  Issued to: County Fiscal Officers

1995 Releases

• New Tax Enforcement Process [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers

• Amendment to Accounting for Medicaid Reimbursements and State Aid Deduction for Medicaid Reimbursements (supersedes May 1992 bulletin) [pdf]
  Issued to: School District Officials
• Accounting Bulletin - Implementatoin of GASB Statement Nos. 25, 26 and 27 – Rescinded September 2011
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District BOCES and Community Colleges Business Officials; and Fire District Treasurers
  
  This guidance has been incorporated and/or superseded by OSC September 2011 accounting bulletin, Pension Accounting and Reporting Changes

• NYS Emergency Services Revolving Loan Account [pdf]
  Issued to: County, City, Village, Town, and Fire District Officials

• Community College Financial Reports [pdf]
  Issued to: County and Community Colleges Chief Fiscal Officers

• Accounting for Early Intervention (EI) Program [pdf]
  Issued to: County Chief Fiscal Officers

1994 Releases

• Accounting Release of Implementation of GASB Statement 16 - "Accounting for Compensated Absences" [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District, BOCES and Community Colleges Business Officials; and Fire District Treasurers

• Suburban Highway Improvement Program (SHIP)
  Issued to: Fiscal Officers; Columbia, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk, Ulster, Westchester

1993 Releases

• Accounting Release for the Implementation of GASB Statement 15 - "Governmental College and University Accounting and Financial Reporting Models" [pdf]
  Issued to: County and Community Colleges Chief Fiscal Officers
• Accounting for "Tax Stabilization Reserves" (TSRs) and "Contingency and Tax Stabilization Reserves" (CATSRs) [pdf]
  Issued to: County, City, Town, Village, and Fire District Chief Fiscal Officers

1992 Releases

• Accounting Release for the Implementation of GASB Statement 14 - The Financial Reporting Entity [pdf]
  Issued to: County, City, Town and Village Chief Fiscal Officers; School District, BOCES and Community Colleges Business Officials; and Fire District Treasurers

• Accounting for Summer Programs for Special Education Pupils Conducted in Accordance with Section 4408 of the Education Law, and Accounting for Medicaid Reimbursements and the State Aid Deduction for Medicaid Reimbursements [pdf]
  Issued to: School District Officials

• Marchiselli Highway Improvement Program
  Issued to: Local Officials

1991 Releases

• Installment Purchase Contracts
  Issued to: Local, School District and BOCES Officials

• Consolidated Highway Improvement Program
  Issued to: County, City, Town, Village Officials

• About OSC
• |
• Employment
• |
• Contact Us
• |
• Privacy and Links Policies
• |
• Regulations
• |
• Accessibility
• |
• FOIL
• |
• Webcasts

© Office of the New York State Comptroller