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DiNapoli: Local Sales Tax Collections Up Nearly 16% in April
… Local government sales tax collections grew by 15.7% in April compared to the same month in 2021, according to an analysis released today by State … April of last year. “While local sales tax collections in April were strong throughout most of the state, the …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-local-sales-tax-collections-nearly-16-percent-aprilDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) for … said. “While the reduction in employer contribution rates is welcome news for taxpayers, our investment decisions are always made based on what is best for our 1.1 million working and retired members …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… from last year’s weak collections during the first wave of the COVID-19 pandemic, according to State Comptroller … surpassed collections reported during the second quarter of 2019, before the onset of the pandemic. “The strength of these collections, along …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… tax levy growth will be limited to 2% for a third time in four years for local governments with calendar fiscal … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In 2021, the allowable levy growth was 1.56%. The Office of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022New York’s Economy and Finances in the COVID-19 Era
… Economic Trends Total New York Wages Fell $12.5 Billion in Second Quarter In the second quarter of 2020, total wages paid in New York …
https://www.osc.ny.gov/reports/covid-19-december-16-2020New York’s Economy and Finances in the COVID-19 Era
… Selected Economic Trends Student Loan Balances Up 3.9% in New York; Will Pandemic-Related Relief Be Extended Again? … balances and delinquency rates for student loan borrowers in New York and other states. Student Loan Debt by State, … $29,700 9% Debt among borrowers with outstanding balances in June 2020. Delinquent borrowers have payments that are …
https://www.osc.ny.gov/reports/covid-19-january-7-2021New York’s Economy and Finances in the COVID-19 Era
… in this industry are disproportionately likely to be Black or Hispanic, according to Bureau of Labor Statistics …
https://www.osc.ny.gov/reports/covid-19-september-30-2020DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… August compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. August’s sales tax … to weather this storm." Almost every county in the state saw drops in overall collections for August, ranging … at Open Book New York . Track municipal spending, the state's 180,000 contracts, billions in state payments and …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustNew York’s Economy and Finances in the COVID-19 Era
… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more sharply—in April, with a combined loss of more than 1.9 million jobs. …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York’s Economy and Finances in the COVID-19 Era
… The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and … in 2019 to zero this year. In recent weeks, commercial casinos and VLT facilities have filed notices with the State …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe … to slow significantly in coming days, as some supplemental benefits Congress enacted earlier this year are set to expire … help immediately if you experience significant changes in your energy level, eating patterns, or sleeping patterns, …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… compared to 31 percent of white workers, 26 percent of black workers, and 21 percent of Hispanics. Women are more …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… Sales tax revenue for local governments in July fell 8.2 percent compared to the same period last … Thomas P. DiNapoli. Collections for counties and cities in July totaled $1.3 billion, or $116 million less than in July 2019. Although revenue is still down compared to July …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the … earlier this year, New York surpasses almost every other in both number and percentage of job losses. From February … August 2020, the Empire State ranks second to Hawaii in percentage of employment decline and second only to …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and … Selected Economic Trends Shrinking Labor Force Drives New York State’s Unemployment Rate Below 10% New York State’s … Parts of the State The number of Temporary Assistance (TA) recipients statewide has continued to climb from the …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its … to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus … an outsized source of revenue, but the rising profits on Wall Street are disconnected from the pain being felt on …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… are entirely federally funded, New York State employers pay UI taxes to support the traditional unemployment program. …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… the Lake George Watershed Coalition, was convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in the First Degree and related false filing charges, related …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeNew York’s Economy and Finances in the COVID-19 Era
… reported, New York’s unemployment rate has soared upward in recent months, with May's 14.5 percent nearly four times the 3.7 percent in February. But that rate is only one measure of the impact …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… that job growth would slow in 2019, the city’s economy was on pace, as of October, to add 87,900 jobs in 2019, similar …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020