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DiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… Local sales tax collections in New York state increased by 0.3% in January compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 03 in January compared to the same month in 2023 according to …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… Local sales tax collections in New York state increased by 1.6% in February compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 16 in February compared to the same month in 2023 according to …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… Local sales tax collections in New York state increased by 1.5% in April compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 15 in April compared to the same month in 2023 according to data …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… New York State agency overtime costs in 2023 were $1.2 billion, down 11.6% from 2022, marking the first decrease in total overtime earnings since 2016, according to a report … Thomas P. DiNapoli. The decrease was led by declines in overtime hours at three of the five agencies that are …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016DiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… Local sales tax collections in New York state increased by 3.9% in May compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 39 in May compared to the same month in 2023 according to data …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… Thomas P. DiNapoli today announced $800 million in recent investments through the New York State Common … latest $800 million comprises three separate investments. In January, the Fund committed $300 million to Avenue Capital … Fund, which will focus on small and mid-cap companies in sustainable sectors including renewable energy, recycling …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… is not doing enough to ensure adequate protections are in place for children who are placed in the custody of relatives or another suitable person … oversight and uniform standards to ensure children in direct placement are not put into another bad situation … is not doing enough to ensure adequate protections are in place for children …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansDiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19
… cash needs to come from Washington. As the crisis erupted in New York and across America, we went from the longest expansion in history to an economic freefall in a matter of weeks. Job losses have been swift and massive, …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-op-ed-newsday-urges-washington-help-governments-hurt-covid-19DiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… of Mental Health (OMH) failed to include key features in its web-based advisement system, according to an audit … employment and the benefits they’re entitled to.” In 2018, there were approximately 1 million working-age adults with disabilities in New York. The employment rate of working-age people with …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workDiNapoli: Local Sales Tax Collections Total $6.1 Billion, Up 5.1% in First Quarter
… Local government sales tax collections totaled $6.1 billion in the first quarter (January-March) of 2026, an increase of … to the same quarter last year. Nine of the 10 regions in the state, including New York City, had a year-over-year increase in collections, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-local-sales-tax-collections-total-%2461-billion-up-51-percent-in-first-quarterFinger Lakes Region Leads the Way Statewide in Agricultural Sales, Topping $2 Billion
… The critical role farms play in New York cannot be overstated, both as an economic engine … part of our food supply system. This is especially true in the Finger Lakes where sales of farm products topped $2.3 billion in 2022, leading the state. Some counties in this region also …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-finger-lakesDiNapoli: Local Sales Tax Collections Total $5.8 Billion, Up 3.2% in First Quarter
… Local government sales tax collections totaled $5.8 billion in the first quarter (January-March) of 2025, an increase of … to the same quarter last year. Each of the 10 regions in the state, including New York City, had a year-over-year increase in collections, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-local-sales-tax-collections-total-58-billion-32-first-quarterDiNapoli: Three Arrested in Connection With Over $1 Million Medicaid Transportation Fraud Scheme
… principals of Phinaliz Communications LLC were arrested in connection with a long-running scheme to steal over $1 … arrested last Thursday. "The defendants allegedly engaged in a systematic scam to defraud the Medicaid program of … fraud impacts us all and diverts money from those truly in need. Thanks to the partnership between my office, Otsego …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-three-arrested-connection-over-1-million-medicaid-transportation-fraud-schemeDiNapoli: Recent Federal Actions Will Have Significant Impact on Higher Education in NY
… the potential impact of federal actions that are outlined in State Comptroller Thomas DiNapoli’s comprehensive report. … these challenges, we are working to support everyone in our community and are grateful to our government partners … colleges and universities are proud partners in advancing educational opportunity, innovation, and …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-recent-federal-actions-will-have-significant-impact-higher-education-nyDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy … and tax base, as market values reached nearly $205 billion in fiscal year (FY) 2025, surpassing pre-pandemic levels, … and Long Island City. “The value of office buildings in New York City is tied to demand for space that comes from …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli: Gen Z and Young Millennials in New York Struggle With Economic, Affordability Challenges
… pool of entry-level jobs and rising unemployment, driven in part by AI. Increasing housing costs along with growing … for its long-term economic growth and prosperity.” In 2023, there were 4.6 million New Yorkers aged 18 to 34 … Community Survey. However, New York saw a 1.9% decline in this age group over the past decade, while the national …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-gen-z-and-young-millennials-new-york-struggle-economic-affordability-challengesDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… The average bonus paid to employees in New York City’s securities industry for 2024 reached … COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in 2024,” DiNapoli said. “This financial market strength is …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024New York Farms and Farmland Decrease at a Higher Rate Than Nationally in 2025
… to data released by the U.S. Department of Agriculture in February 2026, New York lost 500 farms and 100,000 acres … 2024 and 2025. While the U.S. also experienced losses in this time period, the 1.6 percent loss of farms in New York was double the national rate of 0.8 percent, and …
https://www.osc.ny.gov/reports/new-york-farms-and-farmland-decrease-higher-rate-nationally-2025New York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2023
… complex. The federal budget plays an integral role in state economies and budgets. New York received an estimated $96.7 billion in federal receipts in State Fiscal Year 2024-25, representing 38.8 percent of …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2023New York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… May 13, 2021 Edition Economic Impact Payments in New York Since March 2020, the federal government has … Aid, Relief, and Economic Security (CARES) Act signed in March 2020, the COVID-Related Tax Relief (CRTR) Act signed in December 2020, and the American Rescue Plan (ARP) signed …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021