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Changes in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but tax …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… percent internal rate of return. “We are investing state pension fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made six times our original investment in … Fund, the third largest public pension plan in the United States with more than one million members, retirees and …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… New York State’s Common Retirement Fund. 5LINX has gone on to experience significant growth and business success culminating in a return of capital to the Common Retirement Fund with a very attractive rate of return. A win for all parties involved,” …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… that nearly 1 in 10 jobs in the city are either directly or indirectly associated with the securities industry. … located outside of New York City (whether in domestic or international locations) are not included. The … cashed in. The estimate does not include stock options or other forms of deferred compensation for which taxes have …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… now has a record balance of $4 billion. Read the report , or go to: http://www.osc.state.ny.us/osdc/rpt9-2017.pdf For …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… it is providing shelter from the cold, a helpful hand or a voice when they don’t have one,” DiNapoli said. “This … nonprofits classified as charitable organizations – or 501(c)(3)s under the Internal Revenue Code – using the …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase compared to 2020, according to a … so it’s important to ensure these projects are creating or retaining the jobs and economic benefits they are supposed … totaled almost $1.9 billion, an increase of $134 million, or 7.7%, over 2020. The largest exemptions in any year are …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, … state totaled $221 billion in calendar year 2022 up 127 or $25 billion from 2021 due to strong sales statewide …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… totaled just under $23.5 billion, a drop of 3 percent, or $734.3 million, from the same period in SFY 2015-16. PIT … PIT collections will have to increase 11.1 percent, or $2.5 billion, through the end of the year, compared to the … business tax collections declined $364.7 million, or 9.8 percent, from the same period in SFY 2015-16, to …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… and Rockland counties. In 2021-2022 homeowners or renters spent an average of $30,300 on housing costs, only … Most Burdened By Housing Costs One million tenants or 53% of households spent over 30% of their income on rent …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… Newsday on Monday published an op-ed from New York State Comptroller Thomas P. DiNapoli and New … learn age-appropriate topics about money; its value; how to save, invest and spend; and how to budget as the … of debt whether from student loans or credit cards, and many from lower-income households fall victim to predatory …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… Commission charged with examining the state’s high school graduation measures. Recommendations from the commission to …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… an international private equity investor, to announce a new $50 million commitment to invest in Northern Ireland … exciting opportunities that lie ahead.” “Northern Ireland is a smaller market that possesses numerous hidden gem businesses,” McGuire said. “Companies there are globally competitive and boosted by a highly …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… 2021. It is alleged that Johnson failed to notify the bank or the New York State and Local Retirement System of his … online at https://www.osc.state.ny.us/investigations , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… filing a complaint online at [email protected] , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesState Pension Fund Adds $30 Million for Investments in New York Companies
… The New York State Common Retirement Fund has committed an additional $30 million to Primary … announced today. The commitment will be made through the pension fund’s In-State Private Equity Investment Program, …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Chemical Dependency Program Payments to Selected Contractors in New York City (Report 2007-S-60). Background Our initial … of alcohol and substance abuse. We audited $8.4 million in payments made to the two contractors, and found that …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… state grew by 3% in July compared to the same month in 2022, according to an analysis released today by State … especially important.” For July 2023 compared with July 2022: New York City’s collections totaled $777 million, an … York state grew by 3 in July compared to the same month in 2022 according to an analysis released today by State …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… Texas woman for allegedly stealing more than $65,000 in New York state pension payments meant for a deceased … her own pockets,” DiNapoli said. “Thanks to the work of my investigators and law enforcement in Texas, she will be … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… (a designation typically reserved for providers of unique or rare supplies for which sourcing is limited) of breakfast … despite having received no capital contribution, work or labor from that individual. Gardner and Caliendo were … filing a complaint online at [email protected] , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-scheme