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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 Department during the peri
https://www.osc.ny.gov/files/state-agencies/audits/pdf/bse-2018-04-12.pdfDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… (FY) 2021 because of better-than-projected revenues from income and corporate taxes, debt service savings from lower interest … industry and other sectors have boosted personal income and business tax revenues to soften the blow,” … year FY 2021 because of betterthanprojected revenues from income and corporate taxes debt service savings from lower …
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 … Thomas P. DiNapoli. The CTL is the maximum amount of real property tax a local government can raise in a single … only seven municipalities had used 80 percent or more of their CTL. By 2018, that number had risen to 20, with ten …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsCounty Medicaid Costs
… billion in 2005, or 5.9 percent – more than twice the rate of inflation. A major portion of this increase is driven by Medicaid expenditures which are … to $3.61 billion, or 4.5 percent. These increases are part of a continuing trend in county budgets, where Medicaid …
https://www.osc.ny.gov/local-government/publications/county-medicaid-costsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… future budget gaps recognize the need to achieve long-term budgetary balance,” DiNapoli said. “It also recognized …
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
… P. DiNapoli today announced his office completed audits of the Town of Berkshire , Bethlehem Public Library , Town of Cherry Valley , City of Cohoes , Town of Deerpark , Town … Town of Berkshire Bethlehem Public Library Town of Cherry Valley City of Cohoes Town of Deerpark Town of …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… State tax receipts totaled $79.8 billion through the third quarter of State Fiscal Year (SFY) 2022-23, exceeding the latest projections from the Division of the Budget’s … State tax receipts totaled $798 billion through the third quarter of State Fiscal Year SFY 202223 exceeding …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionOpen Book New York
… of State and Local Government Financial Records As the State's Chief Financial Officer, Comptroller DiNapoli … track where money is going and how it's being reflected in the State's spending priorities using the Comptroller's Open Book New York. Also see Additional …
https://www.osc.ny.gov/open-book-new-yorkOpinion 99-3
… 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 make nominal contribution to designated …
https://www.osc.ny.gov/legal-opinions/opinion-99-3DiNapoli: New York on Stronger Financial Footing
… proposal and the Enacted Budget. He also issues monthly reports on the state’s cash position. The report released … For a copy of the report visit: http://www.osc.state.ny.us/reports/budget/2014/2014-15_prelim_enacted_budget.pdf …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingReview of the Enacted Budget: State Fiscal Year 2021-22
… the legalization of recreational marijuana, and online sports betting, totaling an estimated $26.7 billion in SFY 2021-22. … productions. Despite the influx of new resources, a number of opportunities to improve the State’s long-term …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22COVID-19 Relief Program Tracker
The Office of the State Comptroller has created this dashboard to track federal relief funds received during the pandemic and eight programs that offer targeted assistance to New Yorkers most severely impacted by the COVID19 pandemic
https://www.osc.ny.gov/reports/covid-relief-program-trackerDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… risen dramatically over the last decade,” DiNapoli said. “When we look at other major U.S. metropolitan areas, we see … housing costs have grown at a greater rate. More than half of tenants in the city spend 30% of their income on rent, forcing them to make tough choices. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesOpinion 93-9
… that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt Volunteer Firemen's … Exempt Firemen's Benevolent Association may expend foreign fire insurance tax moneys, or any interest earned … Exempt Firemen's Benevolent Association may expend foreign fire insurance tax moneys, or the interest earned …
https://www.osc.ny.gov/legal-opinions/opinion-93-9Property Tax Freeze Credit
… objective of our examination was to determine whether the Property Tax Freeze Credit (PTF Credit) payments approved by … Credit for tax year 2015, homeowners must receive the STAR property tax exemption (i.e., the property must be the homeowner’s primary residence and the …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditProperty Tax Freeze Credit
… business properties and deceased homeowners, it did not always review that data prior to submitting payments …
https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-creditDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… implications for spending, pupil outcomes and the delivery of services, including special education. The report details … York City. “School districts must navigate a complex set of state rules and local needs to determine how to best … tax revenue. Property taxes made up more than half of the total revenues (53.1 percent), a modest increase from …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityDiNapoli Announces State Contract and Payment Actions for April 2014
… a $5.8 million contract with Yarussi Construction Inc. for site improvements to Niagara Falls State Park. Office of … Port Authority of New York and New Jersey under the Urban Area Security Initiative Program. Approved a $2.3 million … 9/11 Memorial Museum Pavilion at the World Trade Center site. Paid $4.3 million to Halmar International and A. …
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
… Year (SFY) 2021-22 is boosted by a substantial influx of new resources, totaling an estimated $26.7 billion in SFY … benefit New Yorkers. The budget will use $5.5 billion of federal aid in SFY 2021-22 and is required to use the rest by the end of 2024. Revenue actions including increases to top personal …
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
… "The passing of the state budget is welcome news. While jobs are rebounding in many industries, our … a detailed analysis in the coming weeks." Track state and local government spending at Open Book New York . Under State … open data initiative, search millions of state and local government financial records, track state contracts, …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23