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Property Tax Credits
… The objective of our examination was to determine whether Property Tax Freeze, Property Tax Relief, and STAR credits processed by the … Tax Law. Background The Department’s administration of Property Tax Freeze, Property Tax Relief, and STAR credits … The objective of our examination was to determine whether Property Tax Freeze Property Tax Relief and STAR credits …
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
Find information on Real Property Tax Cap below
https://www.osc.ny.gov/local-government/property-tax-capWhat is the Real Property Tax Cap?
… With some exceptions, the State’s Property Tax Cap limits the amount local governments and most school districts can … can find tax cap reporting on Comptroller DiNapoli’s Open Book New York website. …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capSchool Tax Relief (STAR) Program (2012-MS-6)
… Purpose of Audit The purpose of our audit was to review local assessors’ administration of the STAR Program for the period January 1, 2010, through …
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 Towns tax relief rebate program for the period August 1 2013 through June 3 2014
https://www.osc.ny.gov/local-government/audits/town/2014/11/14/town-sardinia-tax-relief-rebate-program-2014m-189Opinion 95-26
… that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt Volunteer Firemen's … and Exempt Firemen's Benevolent Association may expend foreign fire insurance tax moneys to rent a meeting room if … volunteer firefighters and their families, it may expend foreign fire insurance tax moneys for the reasonable cost of …
https://www.osc.ny.gov/legal-opinions/opinion-95-26Taxes – 2023 Financial Condition Report
… to continued inflation partially offset by the impact of the suspension of sales and excise taxes on motor fuel from June 1 to … rather than imposing the PIT on individual members of the business. PTET collections totaled $14.9 billion in …
https://www.osc.ny.gov/reports/finance/2023-fcr/taxesElementary and Secondary Education – 2021 Financial Condition Report
… teaching to remote formats. As of October 2020, the State Education Department reported that over 90 percent of elementary and secondary education students were still learning remotely, either fully … Plan Act (ARP Act). Federal pandemic relief for K-12 education is expected to run through SFY 2024-25. New York …
https://www.osc.ny.gov/reports/finance/2021-fcr/elementary-and-secondary-educationOpinion 92-7
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … -- Exempt Volunteer Firemen's Benevolent Association (use of tax moneys to pay debts incurred in the operation of a … tax moneys to aid a volunteer firefighter in the running of his business …
https://www.osc.ny.gov/legal-opinions/opinion-92-7DiNapoli: Property Tax Exemptions Top $450 Billion
… in property tax exemptions in New York State outside of New York City and the impact they have on local … In 2016, 2.7 million properties in the state outside of New York City (58.3 percent) were eligible for some type of tax exemption, according to DiNapoli's report. The value …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-property-tax-exemptions-top-450-billionState Comptroller DiNapoli Announces Municipal Audits
… following municipal audits have been issued. Procurement of Electricity and Natural Gas through Aggregators (2018MS-5) … collectively reducing the town’s 2018 taxable assessed value by more than $34 million. The assessor granted … collectively reduced the town’s 2018 taxable assessed value by more than $12 million. Auditors reviewed 85 …
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
… Property tax levy growth for school districts and 10 of the state’s cities will be capped at 2%, the same as last … in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions. The law also … Property tax levy growth for school districts and 10 of the states cities will be capped at 2 the same as last …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-school-district-tax-levy-cap-2-third-straight-yearOpinion 89-11
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … -- Exempt Volunteer Firemen's Benevolent Associations (use of tax moneys to rent meeting room) INSURANCE LAW, §§9104, … tax moneys to rent a room to be used for meetings of the Association and its trustees …
https://www.osc.ny.gov/legal-opinions/opinion-89-11DiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… The expiration of one-time federal pandemic aid, combined with state aid … revenue may push some local governments closer to the edge of a fiscal cliff, according to a report released today by … Thomas P. DiNapoli. The report provides an overview of these revenue sources and how they have affected local …
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
… Plan Act (ARP Act). Federal pandemic relief for K-12 education is expected to run through SFY 2024-25. In SFY … disbursements for public elementary and secondary education at $25,519 according to the U.S. Census Bureau. New … below the national average on the National Assessment for Education Progress (NAEP) math test in 2019 and ranked …
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
… City is contending with the devastating economic effects of the pandemic and the long road back to normal. Today, in … City is contending with the devastating economic effects of the pandemic and the long road back to normal Today in …
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
… The city is projecting further improvement in both income and corporate taxes, while revising sales taxes downward and … changes related to increases in state income or corporate tax rates, which push the city’s combined income and …
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
… of the Budget, schools received $4.6 billion of federal education aid in SFY 2022- 23. Schools also received $4.2 … from the American Rescue Plan Act, $1.8 billion from the Education Supplemental Appropriations Act, and $243 million … Security (CARES) Act. Federal pandemic relief for K-12 education is expected to run through SFY 2024-25. In SFY …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-education