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DiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020

… August. DiNapoli noted state tax receipts of $4.3 billion in August were $309.3 million above the latest projections by … of Budget (DOB), but $219.1 million below collections in August 2019. “Tax revenues continue to fall short of … to fund education, health care and other vital services in this year’s budget,” DiNapoli said. “The revenue hole the …

https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020

DiNapoli Releases Year-End State Cash Report

… 0.4 percent from last fiscal year, according to the state cash report issued today by State Comptroller Thomas P. … DiNapoli said. "The state remained in a strong cash position starting the new fiscal year, because of … . DiNapoli's office issues a state cash report every month identifying state revenues and …

https://www.osc.ny.gov/press/releases/2017/04/dinapoli-releases-year-end-state-cash-report

DiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year

… positive, we still need to see how holiday sales and Wall Street bonuses contribute to the state’s financial position …

https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-year

DiNapoli: Tax Cap Remains Below One Percent in 2017

… towns, fire districts, 44 cities and 10 villages. "In what is becoming the norm, New York’s local governments … cap, which first applied to local governments beginning in 2012, limits tax levy increases to the lesser of the rate … the tax cap. The 2017 fiscal year is the fourth year in a row that local governments have had their levy growth …

https://www.osc.ny.gov/press/releases/2016/07/dinapoli-tax-cap-remains-below-one-percent-2017

DiNapoli: Under New Tax Cap Calculation, School District Tax Levy Growth Near Zero

… local governments can rely on available reserve funds to bridge the gap, others may need to take a hard look at … DiNapoli estimates the state’s school districts (excluding New York City and the Big Four city school districts) will … factor was 1.62 percent. Similarly, the 10 cities in New York with fiscal years ending June 30, will have about …

https://www.osc.ny.gov/press/releases/2016/01/dinapoli-under-new-tax-cap-calculation-school-district-tax-levy-growth-near-zero

Stay Informed – Article 14 Benefits

… to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …

https://www.osc.ny.gov/retirement/publications/1644/stay-informed

Stay Informed – Forest Rangers Plan

https://www.osc.ny.gov/retirement/publications/1864/stay-informed

Stay Informed – State University Police Plan

https://www.osc.ny.gov/retirement/publications/1823/stay-informed

DiNapoli: State Tax Collections Decline $3.7 Billion in Fiscal Year 2018-19

… Fiscal Year 2018-19 declined $3.7 billion, or 4.7 percent, from the previous year to $75.6 billion, according to the year-end … than recent projections but a decline of $2.2 billion from the prior fiscal year. For the month of March, tax … Fiscal Year 201819 declined $37 billion or 47 percent from the previous year to $756 billion according to the …

https://www.osc.ny.gov/press/releases/2019/04/dinapoli-state-tax-collections-decline-37-billion-fiscal-year-2018-19

DiNapoli: June Tax Receipts Down 17.3% From Last Year

… were down $1.5 billion or 17.3 percent from the previous year, according to the monthly state cash report released by … “measurement period” of May and June, as defined in this year’s enacted budget, State Operating Funds tax receipts … just under $13.5 billion, compared to $135.6 million a year earlier. The General Fund ended the month with a balance …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-june-tax-receipts-down-173-last-year

DiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000

… State Comptroller Thomas P. DiNapoli and U.S. Attorney for the Southern District Preet Bharara, was sentenced today … the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a complaint to: Office of the State Comptroller, Investigations …

https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000

DiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile

… billion in February were $21.6 million above the state’s latest estimates, according to the monthly cash report … than originally projected, and $19 million higher than the latest estimates. “This year’s budget assumed relatively … up 2 percent from last year and $21.8 million above the latest projections; All Funds receipts totaled $131.6 billion …

https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatile

DiNapoli: 26 School Districts in Fiscal Stress

… fiscal stress" and the remaining 17 as "susceptible to fiscal stress." The scores are based on the evaluation of … changes provide local officials with more helpful, easy-to-understand information that can help them address specific … To search the complete list of school district fiscal stress …

https://www.osc.ny.gov/press/releases/2018/01/dinapoli-26-school-districts-fiscal-stress

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