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Elementary and Secondary Education – 2023 Financial Condition Report
… Act, and $243 million from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Federal pandemic … $45.6 billion; State, $28.9 billion, including the School Tax Relief Program (STAR) of $2 billion; and Federal, $2.7 billion. In school budgets proposed for SY 2023-24, property tax levy increases averaged 2.1 percent, compared to …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-educationDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… and corporate taxes, debt service savings from lower interest rates and a deferral of labor costs to FY 2022, but … tells a more troubled story. The city’s unemployment rate in December was 11.4 percent, down from a peak of 20.3 … citywide savings program is expected to generate nearly $1.7 billion in FY 2021, including a one-time reimbursement of …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli Releases Report on Municipalities Close to Exceeding Tax Limits
… The number of cities, counties and villages in New York that are close … a single year. In 2012, only seven municipalities had used 80 percent or more of their CTL. By 2018, that number had … risen to 20, with ten municipalities exhausting more than 90 percent of their CTL. When CTL is exceeded, the State …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsCounty Medicaid Costs
County Medicaid Costs
https://www.osc.ny.gov/local-government/publications/county-medicaid-costsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… increasing the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting … amid staffing challenges. Significant risks remain in the city’s financial plan, although its recent agreement …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsOpen Book New York
… Chief Financial Officer, Comptroller DiNapoli believes New Yorkers deserve to know how their tax dollars are spent. … spending priorities using the Comptroller's Open Book New York. Also see Additional Financial Information . State …
https://www.osc.ny.gov/open-book-new-yorkDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… which was $7.8 billion, or 5.5%, higher than last year for the same period. All Funds spending through December was …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli: New York on Stronger Financial Footing
… Reserve Fund for the first time since 2008, according to a report on the recently enacted state budget released today by State … to an improving economy and difficult fiscal choices made by the Governor and the Legislature,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingOpinion 99-3
… do not define the phrase "care and relief", and that we are not aware of any judicial construction of that phrase …
https://www.osc.ny.gov/legal-opinions/opinion-99-3Review of the Enacted Budget: State Fiscal Year 2021-22
… to the Cannabis Revenue Fund. This Fund will be used to pay the costs of various State agencies for the … through a competitive process, and will be required to pay a $25 million one-time licensing fee. While the … their platforms. These providers will also be required to pay a $5 million annual fee to the casino that houses the …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22COVID-19 Relief Program Tracker
… operating costs. In addition, the CRF was also used to pay interest costs on short-term notes issued for cash flow …
https://www.osc.ny.gov/reports/covid-relief-program-trackerDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more than … permits for new residential buildings, which include new market rate units, declined by 85% in the first eight months …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesOpinion 93-9
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … association has been created by special act of the State Legislature and is authorized to receive direct payment …
https://www.osc.ny.gov/legal-opinions/opinion-93-9DiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… revenues, which included state and federal aid, the School Tax Relief program (STAR), and local property tax revenue. Property taxes made up more than half of the …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityProperty Tax Freeze Credit
… Purpose The objective of our examination was to determine whether the Property Tax … homeowners must receive the STAR property tax exemption (i.e., the property must be the homeowner’s primary residence …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditProperty Tax Freeze Credit
… intended to reimburse qualified New York State homeowners for increases in local property taxes on their primary … Department 5,661 questionable payments totaling $591,902 for follow-up evaluation and appropriate action. …
https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-creditDiNapoli Announces State Contract and Payment Actions for April 2014
… 11 to 13 days for contract reviews and two days to audit payments. DiNapoli releases this monthly notice to … Corp. for bridge rehabilitation at Patchogue Road over the Long Island Expressway in Brookhaven. Approved a $5.8 million …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014DiNapoli Issues Analysis of 2021-22 Enacted State Budget
… income tax rates and corporate franchise tax rates are expected to generate $3.7 billion in SFY 2021-22, growing …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… of Ukraine and persistently high inflation. In addition, New Yorkers continue to grapple with the health, economic, … will provide tax relief and support to help middle-class New Yorkers and small businesses, boost wages for health care …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23