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Property Tax Credits
… such as: (i) invalid primary residences, (ii) deceased homeowners, (iii) taxpayers with income exceeding the limits, …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/property-tax-creditsPersonal Income Tax and Property Tax
… Purpose The objective of our examination was to determine whether personal income … December 31, 2019, and levy year 2018 credits paid as of September 5, 2019 were appropriate and complied with New … or inappropriate refunds resulting in a savings of $34.9 million and 4,331 credits resulting in a savings of …
https://www.osc.ny.gov/state-agencies/audits/2020/12/30/personal-income-tax-and-property-taxPersonal Income Tax and Property Tax
… Purpose The objective of our examination was to determine whether personal income … Our Office examined refunds processed by the Department of Taxation and Finance during the period January 1, 2018 … The objective of our examination was to determine whether tax refunds …
https://www.osc.ny.gov/state-agencies/audits/2019/09/12/personal-income-tax-and-property-taxReal Property Tax Cap and Tax Cap Compliance
… Line at 1-866-321-8503 or 518-408-4934: Technical issues, account set-up or log-in problems – Select option 1. …
https://www.osc.ny.gov/local-government/property-tax-capWhat is the Real Property Tax Cap?
… stay within the Tax Cap. Local government boards must pass a local law or resolution by at least a 60 percent vote to override the Tax Cap. Voters in school districts can override the cap with a 60% vote. The Office of the New York State Comptroller has …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capSchool Tax Relief (STAR) Program (2012-MS-6)
… of Audit The purpose of our audit was to review local assessors’ administration of the STAR Program for the period … for one exemption for a primary residence only. Local assessors accept and process residents’ applications for STAR … in 1998-99 to $3.2 billion in 2010-11. Key Findings Local assessors have granted a significant number of exemptions to …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2013/02/28/school-tax-relief-star-program-2012-ms-6Town of Sardinia – Tax Relief Rebate Program (2014M-189)
… The purpose of our audit was to review the Town’s tax relief rebate program for the period August 1, 2013 through … amount of fund balance and established by local law a tax relief rebate program in 2013 to provide property owners with a one-time property tax relief payment. Budgeted appropriations for 2014 total …
https://www.osc.ny.gov/local-government/audits/town/2014/11/14/town-sardinia-tax-relief-rebate-program-2014m-189Opinion 95-26
… having essentially the same membership as the association. You ask whether the Lawrence-Cedarhurst Volunteer and Exempt …
https://www.osc.ny.gov/legal-opinions/opinion-95-26Taxes – 2023 Financial Condition Report
… reflecting the one-time homeowner’s property tax relief credit, and enhanced earned income and child tax credits. … of the business entities are authorized to claim a PIT credit for their shares of the PTET paid. Approximately $11.5 … reflecting the onetime homeowners property tax relief credit and enhanced earned income and child tax credits …
https://www.osc.ny.gov/reports/finance/2023-fcr/taxesElementary and Secondary Education – 2021 Financial Condition Report
… Education Department reported that over 90 percent of elementary and secondary education students were still … Rescue Plan Act (ARP Act). Federal pandemic relief for K-12 education is expected to run through SFY 2024-25. … York State Ranks Highest in Nation in Per Pupil Spending For the 2018-19 school year,* New York State was the highest …
https://www.osc.ny.gov/reports/finance/2021-fcr/elementary-and-secondary-educationOpinion 92-7
… operation of a volunteer's business) WORDS AND PHRASES -- "Relief" (meaning of for purposes of special acts … and that the expenditure will provide personal financial relief to the firefighter and his or her family. You ask … ... Such taxes shall only be used for the care and relief of disabled or indigent volunteer and exempt firemen …
https://www.osc.ny.gov/legal-opinions/opinion-92-7DiNapoli: Property Tax Exemptions Top $450 Billion
… exemptions (2.9 million in 2006) and their total value ($479 billion). The largest exemption category in New York, …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-property-tax-exemptions-top-450-billionState Comptroller DiNapoli Announces Municipal Audits
… P. DiNapoli today announced the following municipal audits have been issued. Procurement of Electricity and Natural Gas … sheets electronically instead of printing them out only to have paper copies on file in order to save the time and … P DiNapoli today announced the following municipal audits have been issued …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-announces-municipal-auditsDiNapoli: School District Tax Levy Cap at 2% for Third Straight Year
… today by State Comptroller Thomas P. DiNapoli. The tax cap, which first applied to local governments (excluding New … allow school districts and municipalities to override the cap. DiNapoli’s office calculated the inflation factor at … manage their budgets and ensure they comply with the tax cap law.” The 2% allowable levy growth affects the tax cap …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearOpinion 89-11
… if the meetings are for the purpose of providing care and relief to disabled or indigent volunteer firemen and their … these meetings will be devoted to discussing the care and relief of disabled or indigent volunteer firemen and their … intercourse among the members of such corporation, the relief, aid and assistance of such members and their families …
https://www.osc.ny.gov/legal-opinions/opinion-89-11DiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… State Aid - The Aid and Incentives for Municipalities (AIM) program represents the largest amount of unrestricted … (SFY) 2024-2025 Enacted Budget provides $715 million in AIM funding for all cities, towns and villages outside of New … appropriated in SFY 2011-12. When adjusting for inflation, AIM funding has declined nearly 30% over that same period, …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsElementary and Secondary Education – 2022 Financial Condition Report
… from the previous year and is 89 percent greater than the national average. Differences in educational spending among … school meals based on household income, higher than the national average (52.1 percent). Local Resources Represent … New York’s fourth grade students scored slightly below the national average on the National Assessment for Education …
https://www.osc.ny.gov/reports/finance/2022-fcr/elementary-and-secondary-educationState Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget
… in the real estate market could impact this revenue for years to come. Income and corporate tax receipts continue … to come in stronger than expected, fueling a surplus for FY 2021, which the city plans to leverage in the FY 2022 … federal relief or anticipate significant federal stimulus for businesses and individuals. “I am optimistic that the …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budgetState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… also rescinded a planned drawdown from its retiree health benefits trust of $1.6 billion. “The financial plan reflects … city is projecting further improvement in both income and corporate taxes, while revising sales taxes downward and … behavioral changes related to increases in state income or corporate tax rates, which push the city’s combined income …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetElementary and Secondary Education – 2023 Financial Condition Report
… from the previous year and is 86 percent greater than the national average. Differences in educational spending among … school meals based on household income, higher than the national average (52.1 percent). Local Resources Represent … York’s fourth grade students’ scaled scores were below the national average on the National Assessment for Education …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-education