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New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … $3.5 billion in June. Approved payments jumped again for two weeks in September related to the Lost Wages Assistance …
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 … volume in trading drove profits dramatically upward to a level hard to imagine in March,” DiNapoli said. “Wall …
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
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New … Still Above 1 Million After losing more than 1.9 million jobs in March and April, New York State saw steady gains, … has noted previously . Meanwhile, professional services, with many higher-paid jobs, ranked second for net job loss, …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… David Decker, former director of the Lake George Watershed Coalition, was convicted today in Warren County Court of two … David Decker former director of the Lake George Watershed Coalition was convicted in Warren County Court of two counts …
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
… 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 of lost jobs. 53% of New York adults age 18 and over live in …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… during the first four months of the year, according to a report released today by New York State Comptroller … for fiscal years 2021 through 2023. Read the report , or go to https://osc.state.ny.us/osdc/rpt10-2020.pdf Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… in personal service costs, consisting of $20,003 in salaries and $1,994 in fringe benefits for compensation to an … that exceeded 1.0 full-time equivalent, and $3,024 in salaries and $391 in fringe benefits for executive … related, $933 in costs for meals provided at meetings for staff, and $45 in gifts. Key Recommendations To SED : Review …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… before Orange County Court Judge Craig Stephen Brown, to Grand Larceny in the Third Degree and Tampering with … who aided in the investigation and prosecuted the case. "Ms. Roy was an elected official who was trusted to … Police Department for aiding in the investigation.” A criminal charge is merely an allegation that a defendant has …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… (DOCCS) has developed targets and plans to effectively meet its contributions toward Executive Order 88 (EO 88) and … 31, 2017 deadline. DOCCS officials stated they did not meet the submetering deadline because they are installing … DOCCS has developed targets and plans to effectively meet its contributions toward Exe …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… placed at the Park Slope Women’s Shelter on Oct. 11, 2017, more than a year later. 3 clients were not placed in the … is actually placed in a facility. Didn’t Make Station Visits Based on the homeless population, BRC was supposed to … calls for BRC to keep a list of homeless individuals with medical problems, but a review found in many instances it …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… Former Riverside clerk-treasurer Kristina Johnson will do jail time and pay $50,000 in restitution … State Comptroller Thomas P. DiNapoli announced today. “Ms. Johnson used village funds to finance her entertainment and …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… Tupper Lake Volunteer Fire Department Treasurer Timothy J. Brown was arrested on grand larceny charges Monday after … into credit card debt. "From plane fare to pizza, Mr. Brown used fire department money for his own benefit, even …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… Budget increases funding for education, clean water, affordable housing and other programs, but authorizes more … Washington are considering cuts to federal aid for health care and other services. While the Enacted Budget creates a … federally funded spending related to the Affordable Care Act and Superstorm Sandy. Including such spending, the …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… Local sales tax collections totaled $5.2 billion in the third quarter (July-September of 2021), up $861 … impact growth.” Statewide, every region saw solid growth in sales tax collections during the third quarter compared to … as the re-opening or increased permitted occupancy of more indoor venues such as restaurants, theaters and sports …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… trustee of the Fund, announced today. This action is tied to DiNapoli’s comprehensive Climate Action Plan to … Retirement Fund The New York State Common Retirement Fund is the third-largest public pension fund in the United States … plans in the nation. Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New … has been only partial. Extraordinary unemployment benefits funded by the federal government as part of broader economic …
https://www.osc.ny.gov/reports/covid-19-january-21-2021DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, … for fiscal year 2021 totaled $75 billion through the end of February. “There is reason to be cautiously optimistic … tax revenues from February and the passing of significant additional federal assistance, thanks to …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… requirements prevented or discouraged small businesses from applying. The PPP initially required that 75 percent of … of Hispanics and African Americans than the Manhattan and Staten Island neighborhoods where more loans were granted. In the …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingNew York’s Economy and Finances in the COVID-19 Era
… New York and nationwide since the start of the pandemic. Source: NYS Department of Labor; OSC analysis The balance of … the amount projected in the Executive Budget Financial Plan, for a total of $6 billion or more in previously … to governors dated January 22, the U.S. Department of Health and Human Services informed states that the federally …
https://www.osc.ny.gov/reports/covid-19-february-3-2021DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… $5.6 billion in the first calendar quarter (January-March) of 2024, an increase of 1.6%, or $87.3 million, compared to the same quarter last … flat, resulting from a variety of economic influences.” Tourism Strong Again in New York City In the first quarter of …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarter