This session will explain what fund balance is, the components of fund balance and considerations when monitoring and analyzing the various levels of fund balance.
Please join us for a webinar on the requirements for reporting Elected and Appointed Officials (Officials) to the New York State and Local Retirement System (NYSLRS). During the webinar, we will discuss how employers arrive at the number of days to report to NYSLRS for Officials not in a traditional time keeping system. We will go through the process beginning with an Official’s Record of Activities (ROA), passing and posting a Resolution, and submitting adjustments to days reported, when necessary.
This multi-day school is designed to familiarize participants with accounting and financial reporting requirements for local governments in New York.
The Office of the State Comptroller is proud to partner with the Association of Towns on their virtual New Town Officials School. The school will cover topics including Budgeting, Fiscal Responsibilities, Cash Management and Retirement. The sessions are intended for town supervisors, board members, highway superintendents, fiscal personnel, attorneys and clerks. For details and registration information, please visit the Association of Towns website at https://www.nytowns.org.
This webinar will explain how the New York State and Local Retirement System (NYSLRS) determines service credit for Elected and Appointed Officials. Officials, who are not in a time-keeping system, are required to keep a Record of Activities (ROA). The purpose of an ROA is to establish an Official’s service credit in NYSLRS. During this training, we will go over what is required on an ROA, as well as walk you through how to complete an ROA utilizing a template, available on the NYSLRS website.
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts. There will also be opportunities for you to submit questions during the presentation.
This session is designed to help local officials understand procedures and policies used to control and account for cash. Presenters will discuss the following: principles and statutes, depositing public funds, securing deposits, investment policies, cash controls and reporting, and cash flow forecasting.