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DiNapoli Finds Subway Wait Times Got Worse from 2013 to 2014
… meet goals for the length of time between trains. "The MTA is very clear that it considers its wait time assessment to … measure may make subway performance appear better than it is in reality. DiNapoli's audit determined that Transit's … for several reasons. First, Transit uses a score that is an average of averages. It calculates a simple average of …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-finds-subway-wait-times-got-worse-2013-2014DiNapoli: Nearly 1 in 3 Students Were Chronically Absent From School
… chronically absent during the 2022-23 school year (SY). The rates were highest for high school students at … absenteeism calculation. DiNapoli’s report found during SY 2022-23: Large city public schools (Buffalo, Rochester, … City high schools had a 43.1% chronic absenteeism rate in SY 2022-2023. Chronic absenteeism rates are higher in …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-nearly-1-3-students-were-chronically-absent-schoolDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… had a total of 3,851 restitution cases with probation supervision during the audit period of Jan. 1, 2018 to June … cases that were $55,695 in arrears at the time probation supervision expired. Two departments did not notify the court … to proceed while the probationer was still under probation supervision, and victims may not have received the …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsFederal Relief Aid Temporarily Reverses Trend of NY Sending More to Washington Than It Gets Back
… states, according to a report released by New York State Comptroller Thomas P. DiNapoli. New York received $146 … 2019, ranking third among the states behind California and Texas. Federal spending in New York, including grants to … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2022/03/federal-relief-aid-temporarily-reverses-trend-ny-sending-more-washington-it-gets-backInvestors: Exxon Needs to Step Up on Climate Change
… the rising tide of investor concern over climate change, is shortsighted and puts shareholders’ investments in … marketplace publicly recognize that a lower carbon future is not only inevitable but rich with opportunity. While Exxon … rightly concerned and increasingly impatient that Exxon is lagging behind its peers in its climate disclosure, and I …
https://www.osc.ny.gov/press/releases/2017/05/investors-exxon-needs-step-climate-changeProperty Tax Cap How to Calculate Retirement Exclusions
Learn How to Calculate Retirement Exclusions From Example
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/exclusion_example.pdfState Comptroller DiNapoli Statement on the Enacted Budget
… agreement amid an uncertain revenue picture and risks to federal aid. "Still, there are areas of concern. As in … agreement amid an uncertain revenue picture and risks to federal aid …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-statement-enacted-budgetDiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19
… local governments can slide into fiscal black hole We are all painfully aware of the devastating health impacts of … delegation for the support provided thus far, but much more is needed to stabilize the situation. The … governments can slide into fiscal black hole Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-op-ed-newsday-urges-washington-help-governments-hurt-covid-19DiNapoli: Audit Reveals Issues Behind Broome County's Fiscal Stress
… 2014 through 2016, Broome County depleted its fund balance to dangerously low levels jeopardizing public services and long-term infrastructure investments, according to an audit released today by State Comptroller Thomas P. … The audit highlighted the need for county officials to develop a balanced budget for 2018 as well as a multi-year …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-audit-reveals-issues-behind-broome-countys-fiscal-stressGlobal Investor Coalition Calls on Exxon to Prepare for a Lower Carbon Future
… affect Exxon’s operations,” said DiNapoli, who is Trustee of the New York State Common Retirement Fund. “As shareholders, we want to know that Exxon is doing what is needed to prepare for a future with lower carbon …
https://www.osc.ny.gov/press/releases/2016/01/global-investor-coalition-calls-exxon-prepare-lower-carbon-futureDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… State Education Commissioner Betty A. Rosa. The full op-ed is below: We should be teaching financial literacy in NY's … long-term financial success and quality of life. There is no question that investing in financial literacy will pay … of the public and a required course in our high schools is being given serious consideration by the state Education …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves
… DiNapoli. “The time to prepare for serious fiscal problems is before they arrive,” DiNapoli said. “The need for a cushion to fall back on is especially urgent today amid signs of a slowing economy. As the financial capital of the world, New York is particularly sensitive to economic downturns, which can …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reservesDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… selected major metropolitan areas in the U.S., according to a new report from New York State Comptroller Thomas P. … the city spend 30% of their income on rent, forcing them to make tough choices. City and state leaders recognize New York’s housing affordability problem but need to implement cost-effective solutions more quickly.” Housing …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesVeterans Day Message from State Comptroller DiNapoli
… the men and women who have bravely served in our country’s Armed Forces. With crises and conflicts continuing around the … the men and women who have bravely served in our countrys Armed Forces …
https://www.osc.ny.gov/press/releases/2014/11/veterans-day-message-state-comptroller-dinapoliHow to Apply for Exclusion of Sewer Debt from Municipal Debt Limits
How to Apply for Exclusion of Sewer Debt from Municipal Debt Limits
https://www.osc.ny.gov/files/local-government/publications/pdf/12410sewer.pdfDiNapoli: Amid Federal Funding Uncertainty, State Must Focus on Programs To Aid Seniors
… for the Aging (NYSOFA) makes it difficult to know who is being left behind or where. “New York has an obligation to … and stronger tracking to make sure the state’s investment is truly reaching those who need it.” New York’s Aging … the New York state budget for State Fiscal Year (SFY) 2025–26 when compared to SFY 2018–19. This funding includes …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-amid-federal-funding-uncertainty-state-must-focus-programs-aid-seniorsDiNapoli Reaches Agreement With Mattel Inc. on Political Spending Disclosure
… one of the world's largest toy manufacturers, has agreed to the New York State Common Retirement Fund's (Fund) request … stockholders' meeting. "I commend Mattel for agreeing to voluntarily disclose its political spending," said … bottom line at risk." "The Mattel agreement brings to 161 the number of companies that have reached political …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-reaches-agreement-mattel-inc-political-spending-disclosureDiNapoli: Audit Recommends Additional Steps to Reduce Student Absenteeism
… entirely," said DiNapoli "The State Education Department is doing well cautioning parents and school districts about … the perils of chronic absenteeism. But given how vital it is for our children to be in school and learning, I urge the … taken to reduce student absenteeism." Chronic absenteeism is defined as missing at least 10 percent of enrolled school …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-audit-recommends-additional-steps-reduce-student-absenteeismDiNapoli: Better Reporting and Monitoring of NYC Capital Projects Needed
… capital projects are over their initial budgets and behind schedule, suggesting better monitoring and reporting could … certain types of projects are more likely to be behind schedule or over budget than others. Courts, waterway … public documentation about what is fueling these cost and schedule overruns. DiNapoli recommended the city shift all …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-better-reporting-and-monitoring-nyc-capital-projects-neededDiNapoli: New York Sends More Money to Washington Than It Gets Back
… New York sent an estimated $24.1 billion more in tax payments to Washington than it got back in federal … for a third of its annual budget, but the imbalance of tax dollars remains. New Yorkers deserve to be treated more … they paid. The average return for all states was $1.19 per tax dollar sent to Washington. New York’s per capita …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-new-york-sends-more-money-washington-it-gets-back