Search
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
… including a one-time reimbursement of $212 million from NYC Health + Hospitals. The city was also able to 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 to reaching their Constitutional … amount of real property tax a local government can raise in a single year. In 2012, only seven municipalities had used 80 percent or …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsCounty Medicaid Costs
… Legislature has recognized these growing pressures, and in 2004 enacted legislation that shifts costs associated with … (outside New York City) are increasing from $12.0 billion in 2004 to $12.7 billion in 2005, or 5.9 percent – more than twice the rate of …
https://www.osc.ny.gov/local-government/publications/county-medicaid-costsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… economic slowdown is likely nationally. The city gained jobs at a greater rate in 2022 than the country, but its …
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
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that …
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 … and so on. Search Spending Also see COVID-19 Relief Program Tracker Public Authorities Data View financial …
https://www.osc.ny.gov/open-book-new-yorkOpinion 99-3
… or statutory amendments that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE -- Taxes (Exempt … Firemen's Benevolent Association (use of tax moneys to make nominal contribution to designated charitable … 84-36, p 44). We have also noted that these special acts do not define the phrase "care and relief", and that we are …
https://www.osc.ny.gov/legal-opinions/opinion-99-3DiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… plan projections. PTET collections in Dec. 2022 were $443 million lower than those received in Dec. 2021. All Funds …
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
… New York state ended the 2013-14 fiscal year in the strongest … streams to attain balance. “After a tough few years, New York state is in better fiscal shape thanks to an …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingCOVID-19 Relief Program Tracker
… Budget is available for certain health and public safety payroll costs and other costs related to the pandemic, thus …
https://www.osc.ny.gov/reports/covid-relief-program-trackerReview of the Enacted Budget: State Fiscal Year 2021-22
… by President Joseph Biden in March, will provide $12.6 billion in direct fiscal relief to New York State, in … including a three-year increase to corporate franchise tax rates and a seven-year increase to personal income tax rates … the most recent, the American Rescue Plan, providing $12.6 billion in fiscal relief to New York State, and additional …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22Opinion 93-9
… forms of public assistance (see Social Services Law, §§331[1], 336[1][a], 336-a; see also 18 NYCRR 385), individuals who are "economically and …
https://www.osc.ny.gov/legal-opinions/opinion-93-9DiNapoli Issues Analysis of 2021-22 Enacted State Budget
… actions including increases to top personal income tax rates and corporate franchise tax rates are expected to generate $3.7 billion in SFY 2021-22, … Increases to the corporate franchise rates expire after 2023 while higher personal income tax rates will expire after …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetDiNapoli: 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 … largest increase among selected major metropolitan areas in the U.S., according to a new report from New York State Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the surrounding suburbs have risen …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesProperty Tax Freeze Credit
… objective of our examination was to determine whether the Property Tax Freeze Credit (PTF Credit) payments approved by the …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditProperty Tax Freeze Credit
… State homeowners for increases in local property taxes on their primary residences. To receive the PTF Credit in …
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
… a complex set of state rules and local needs to determine how to best educate our children and pay for it,” DiNapoli … statewide issues.” Revenue Picture In the 2017-18 school year, districts received $40.6 billion in revenues, which … to be wealthier and spend more per pupil. The report notes many factors can affect the differences in spending including …
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
… financial officer, DiNapoli’s office reviews contracts for all state agencies and certain contracts for state public authorities and audits all state payments. … playing field is level and taxpayers get the best value for their money. The independent audits ensure payments are …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014State Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… state budget is welcome news. While jobs are rebounding in many industries, our economic recovery lags the nation, … invasion of Ukraine and persistently high inflation. In addition, New Yorkers continue to grapple with the health, … fund new spending programs could create a “fiscal cliff” in the future. We must remember this influx of federal …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23