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Asset Management

Schools
School District In Westchester Didn't Properly Monitor, Account For Fixed Assets: Comptroller School District In Westchester Didn't Properly Monitor, Account For Fixed Assets: Comptroller
School District In Westchester Didn't Properly Monitor, Account For Fixed Assets: Comptroller A school district in Northern Westchester was found to have maintained inaccurate records of fixed assets by an audit performed by state officials.  The audit, performed by the Office of the New York State Comptroller between July 2020 and April 2022, found that the Chappaqua Central School District did not "properly monitor and account for" several fixed assets, and had not performed a physical inventory count since 2018, state officials said.  According to a report released by the Comptroller's Office, of the 164 assets reviewed by the audit, 148 assets totaling over $220,0…

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by Ben Crnic
News
COVID-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic COVID-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic
Covid-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic Goldman Sachs may be the latest New Yorker to head for sunnier pastures down in Florida. The financial heavyweight reportedly has plans to set up one of its key divisions in Florida, dealing a financial blow to New York as it continues contending and combating the COVID-19 pandemic. According to reports, executives have been eyeing locations in south Florida to potentially house their asset management division in an effort to cut costs and save money by getting out of the Empire State. It is unclear how much of the business, which generates billions in New York, may move. “With all due r…

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by Zak Failla