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DiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… pressures that are likely to exacerbate already large out-year budget gaps, according to a report on the city Fiscal Year (FY) 2024 Executive Budget released today by State Comptroller Thomas P. DiNapoli. “The city’s economy …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesState Comptroller DiNapoli Statement on New York City Financial Plan
… "New York City’s November 2021 Financial Plan modification indicates that … to shore up reserves . The city needs to find ways to balance its budget while maintaining service levels to smooth …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-planDiNapoli Releases Executive Budget Report
… and increases in recurring spending, principally in school aid and Medicaid. “With economic risks and the …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-executive-budget-reportReport of Title V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017
… funds the deficit by borrowing from the State’s short-term investment pool, which contains cash balances in the State …
https://www.osc.ny.gov/state-agencies/audits/2019/08/12/report-title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balanceState Comptroller DiNapoli Releases School Audits
… his office completed audits of the Amherst Central School District , Friendship Central School District , …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-school-auditsNYC Budget Benefiting From Strong Tax Collections
… and tax abatements. Business tax collections continued to fall short of expectations, but the shortfall was offset by … in FY 2019 ($531 million in higher operating costs and one-time capital costs of $214 million). The largest impact comes … financial plan period, but business cycles are subject to change. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsTitle V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017 (Follow-Up)
… quantities in excess of established limits. Pursuant to New York’s Clean Air Compliance Act of 1993 (CACA), the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balance-eightDiNapoli: Wall St. Profits Soared in First Half of 2020
… and 5 percent from Connecticut, followed by Westchester County at 4 percent (based on most recently available 2019 …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… leaders need to make sure this money is spent on capital investment or other one-time purposes. We can’t count on it …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15DiNapoli: Audit Finds More Than $16 Million in Medicaid Cost Savings
New York states Medicaid system could have saved up to $136 million it spent on patients with severe kidney disease whose expenses could have been covered by the federal Medicare program according to an audit released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-finds-more-16-million-medicaid-cost-savingsResources and Responsibilities: New York State’s Environmental Funding
… January 2021 PDF Version Message from the Comptroller On the founding Earth Day just over 50 years ago, New York … performance over the period. 16 In some cases, the data show declines in program activity that may be related to … mandated clean air and clean water programs appear to show declines in some activities; it is unclear whether such …
https://www.osc.ny.gov/reports/resources-and-responsibilities-new-york-states-environmental-fundingDiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… New York state is facing signs of increasing fiscal challenges, … budget and tax changes, according to a report on the state's Enacted Budget Financial Plan issued today by New York … individuals who depend on state funding. The General Fund balance as of March 31, 2017 was $7.7 billion, with …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… DiNapoli said. “This financial market strength is good news for New York’s economy and our fiscal position, which … jobs has declined as companies have expanded nationally in recent years. In 2024, the city’s share of industry jobs … for 17.7% of all economic activity in the city (most recent data available). Financial services firms continue to …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024DiNapoli Releases Analysis of 2022-23 Enacted State Budget
… New York State Comptroller Thomas P. DiNapoli. While some of the new spending will be temporary, much of the year-over-year growth will be for new initiatives and … to misuse. “This year’s state budget follows two years of unprecedented economic disruptions caused by the …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetDiNapoli: Financial Viability of OTBs in Jeopardy
… New York’s Off-Track Betting (OTB) corporations are at risk of financial insolvency due to … DiNapoli. The Comptroller issued an audit and research report today that found total OTB wagering is down $1.2 … financial issues in all five of New York’s regional OTBs – Capital, Catskill, Nassau, Suffolk and Western. Using the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyState Comptroller DiNapoli Releases School Audits
… his office completed audits of the Bradford Central School District , Corning City School District , East …
https://www.osc.ny.gov/press/releases/2016/10/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… present challenges to economic growth. State policy makers should ensure that the enacted budget for State Fiscal Year …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearDiNapoli Announces Fiscal Stress Scores
… fiscal years were in stress. “New York’s local governments have overcome some major fiscal hurdles during the COVID-19 … the restoration of state aid and resurging revenue have provided them much needed relief. However, those designated as stressed are less likely to have the flexibility to adapt to fiscal challenges long …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-announces-fiscal-stress-scoresComptroller DiNapoli Releases School Audits
… his office completed audits of the Adirondack Central School District , Greenburgh Central School District , Greenville …
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-releases-school-auditsWage Subsidy and Transitional Employment Programs (Follow-Up)
… Subsidy and Transitional Employment Programs (Report 2015-S - 58 ). Background The federal Temporary Assistance for … welfare programs. The TANF block grant program requires New York State to engage individuals in countable work …
https://www.osc.ny.gov/state-agencies/audits/2017/03/09/wage-subsidy-and-transitional-employment-programs-follow