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Elementary and Secondary Education – 2023 Financial Condition Report
… 2022- 23. Schools also received $4.2 billion of temporary funding from COVID-19 assistance programs, including $2.2 … from the previous year and is 86 percent greater than the national average. Differences in educational spending among states may …
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
… New York City is projecting a $3.4 billion surplus for city fiscal year (FY) 2021 because of better-than-projected revenues from income and corporate taxes, debt service savings from … unemployment rate of 6.3 percent. At the same time, demand for social safety net services has shot up, with significant …
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
… cities, counties and villages in New York that are close to reaching their Constitutional Tax Limit (CTL) has more than doubled since 2012, according to a report released today by State Comptroller Thomas P. … or more of their CTL. By 2018, that number had risen to 20, with ten municipalities exhausting more than 90 …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsCounty Medicaid Costs
… tax margins, counties are being challenged to effectively deal with rising Medicaid costs. The Legislature has …
https://www.osc.ny.gov/local-government/publications/county-medicaid-costsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund … to identify efficiencies, build up reserves and monitor its delivery of services amid staffing challenges. … risks remain in the city’s financial plan, although its recent agreement with its largest labor union has helped …
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
… of claims against the town each month by reviewing and signing an abstract listing current claims for goods and …
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
… from credits associated with the Pass-Through Entity Tax (PTET) and property tax relief. Year-to-date consumption and … million below DOB’s latest financial plan projections. PTET collections in Dec. 2022 were $443 million lower than … higher than last year at the same time, primarily due to PTET collections, higher than anticipated tax collections and …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionOpen Book New York
… State and Local Government Financial Records As the State's Chief Financial Officer, Comptroller DiNapoli believes New … 1, 2012, which now includes about 17,000 new payments each day, and contains the agency submitting the payment request, … Expenses Paid in Calendar Years 2022 through 1st Quarter 2026. Assembly Senate Casino Gaming Revenue Casino Gaming …
https://www.osc.ny.gov/open-book-new-yorkDiNapoli: New York on Stronger Financial Footing
… New York state ended the 2013-14 fiscal year in the strongest fiscal … streams to attain balance. “After a tough few years, New York state is in better fiscal shape thanks to an … New York state ended the 201314 fiscal year in the strongest fiscal …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingOpinion 99-3
… is authorized to use foreign fire insurance tax moneys for the care and relief of disabled or indigent volunteer and … as a memorial in honor of the deceased firefighter, made for the purpose of lessening the grief of, or providing … such moneys as follows: ... Such taxes shall only be used for the care and relief of disabled or indigent volunteer and …
https://www.osc.ny.gov/legal-opinions/opinion-99-3Review of the Enacted Budget: State Fiscal Year 2021-22
… the needs of low-income students, those with disabilities, English Language Learners, and homeless students. ARP funds …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22DiNapoli: 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 68% … Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the surrounding suburbs have risen dramatically over … grown at a greater rate. More than half of tenants in the city spend 30% of their income on rent, forcing them to make …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… must navigate a complex set of state rules and local needs to determine how to best educate our children and pay for it,” DiNapoli … learners from K-12 increased from 59,222 to 91,448–a jump of 54.4 percent statewide. The percentages in the …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityOpinion 93-9
… that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt Volunteer Firemen's Benevolent … program) INSURANCE LAW, §§9104, 9105: The Florida Fire Department Volunteer Exempt Firemen's Benevolent … Whether the Florida Fire Department Volunteer Exempt Firemens Benevolent …
https://www.osc.ny.gov/legal-opinions/opinion-93-9Property Tax Freeze Credit
… the PTF Credit in 2014, homeowners must receive the STAR property tax exemption (i.e., the property must be the … either the homeowner or property was not eligible for the STAR property tax exemption. This includes out-of-state …
https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-creditProperty 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 … residence is located must comply with the New York State Property Tax Cap. In addition to complying with the Property …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditDiNapoli Announces State Contract and Payment Actions for April 2014
… office reviewed 1,422 contracts valued at $1 billion and approved more than 4.5 million payments worth nearly $8.5 … York website. Highlights for April 2014: Major Contracts Approved Department of Transportation Highway Construction Approved a $126.2 million contract with Tully Construction to …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014Town of Lenox - Real Property Tax Exemption Administration (2018M-242)
Determine whether the Town Assessor properly administered select real property tax exemptions
https://www.osc.ny.gov/local-government/audits/town/2019/02/15/town-lenox-real-property-tax-exemption-administration-2018m-242DiNapoli Issues Analysis of 2021-22 Enacted State Budget
… billion for rent and homeowner relief, $2.4 billion for child care resources to aid providers and improve subsidies …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetSelected Controls Over the Property Tax Assessment Process
To determine if the New York City Department of Finance has sufficient controls to ensure the accurate determination of property tax valuations and assessments
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-process