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VI.2.A Appropriation & Segregation Overview – VI. Budgets
… Each has a different purpose and restrictions on types of payments which can be made from them. The four … appropriations support tax-financed State debt service on long-term debt; contractual obligation and lease-purchase … to DOB for approval. For more detailed information on these types of movement, refer to Section 3.A – Budget …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi2a-appropriation-segregation-overviewDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… tax revenue was directed to be withheld to fund a Central Business District Tolling Capital Lockbox for the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsDiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead
… the budget gaps projected for fiscal years 2020 through 2022. In addition, the city faces the prospects of future … billion, but the gaps projected for fiscal years 2021 and 2022 have grown to $3.5 billion and $3.4 billion, … gap for 2020 has nearly doubled to $510 million and the 2022 gap has grown to $991 million. These estimates already …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-nyc-projects-surplus-current-year-faces-budget-risks-years-aheadPublic Health – 2023 Financial Condition Report
… Plan or Child Health Plus (which provides coverage for children under the age of 19 with incomes above Medicaid … but only 43 percent of the costs of DOH Medicaid claims for the State in SFY 2022-23. Elderly, blind, and disabled … made up 18.8 percent of eligible recipients, but accounted for 55.1 percent of DOH Medicaid claims costs. Essential Plan …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-healthDiNapoli: Metro North and LIRR Lax in Monitoring Overtime Paid For With Federal Stimulus Funds
… announced today. “There’s significant room for improvement in how Metro-North and LIRR monitor the hours their employees … System, did not have a requirement for conductors to sign out manually, so there was not an accurate record of … that Metro-North: Require conductors to electronically sign in and out; Monitor time and attendance records; …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-metro-north-and-lirr-lax-monitoring-overtime-paid-federal-stimulus-fundsFinancial Management Practices
… watersheds. In addition, the District collects permit fees for access rights to the Great Sacandaga Lake and assesses fees to power companies for dam usage to generate electricity. Key Findings Revenue … by the Federal Energy Regulatory Commission (FERC) in 2007 for public safety reasons. The District has cut spending and …
https://www.osc.ny.gov/state-agencies/audits/2014/11/25/financial-management-practicesDiNapoli: Wall St. Profits Soared in First Half of 2020
… jump was propelled by $2.4 trillion in federal stimulus funds and the lowering of interest rates to near zero, which …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, … to ease decades-high inflation drove interest expenses up $7.5 billion, triple the first half of 2021. Profits so … data), the securities industry was responsible for 16% of all economic activity in the city, up from 14% in 2019. This …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli: Wall Street Bonuses Declined in 2010
… trends and reflects cash bonuses and deferred compensation for which taxes have been prepaid. The estimate does not … collections from Wall Street related activities accounted for up to 20 percent of New York State tax revenues, but that … has grown. An examination of the financial statements for selected securities firms indicates that overall …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010X.3.A Agency Vendor Registration – X. Guide to Vendor/Customer Management
… vendor add process, such as debt service, advance account, payroll or eminent domain vendors. These vendors require …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x3a-agency-vendor-registrationLocal Sales Tax Collections Up 19% in 2021
… $19.6 billion increased by 19.1%, or $3.1 billion, in 2021 compared to last year, according to a report released … the highest annual increase on record after a historic low in 2020 when local sales tax collections declined by 10%. Annual growth in 2019 was 4.7%. “The pandemic substantially changed …
https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021DiNapoli: Local Sales Tax Collections Up 3% in November
… Local sales tax collections in New York state increased by 3% in November compared to the same month in 2023, according to … local collections totaled $1.86 billion for the month, up $53 million year over year, with New York City accounting …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberDiNapoli: Small Businesses Generate $950 Billion in New York
… 3.9 million jobs and generating more than $950 billion in annual revenues, according to a report released today by … DiNapoli said. “From neighborhood coffee shops to start-up tech firms, small businesses account for more than half of all private-sector employment and provide almost $190 billion …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkNew York’s Economy and Finances in the COVID-19 Era
… JOLTS regional data do not provide insight into types of jobs or compensation levels for job openings, hires and …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Agriculture Industry: A Resilient Part of State and Local Economies
… State. According to the U.S. Bureau of Economic Analysis, in 2021, agriculture in New York produced roughly $3.3 … and economic shutdown led to job losses across almost all industries in New York, but the agricultural sector … in animal production grew steadily in the years leading up to the pandemic and continued to grow through 2020 and …
https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economiesCalculating Days Worked – Enhanced Reporting
… who are working less than the SWD) should be reported as less than full-time — even if part-time work is all the job requires. To properly … days worked to be reported The number of days worked that you report should not be reduced by fully paid sick leave, …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/calculating-days-workedDiNapoli: Millions in NYC Transit Fines and Fees Uncollected
… division found it did not collect more than $13 million in fines and fees — nearly half of those owed to it — issued … the changes that Transit has already made, as they noted in their response, more can still be done.” The Transit … sufficient or is inaccurate for the necessary follow-up. In a sample of 150 uncollected fines, DiNapoli’s auditors …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-millions-nyc-transit-fines-and-fees-uncollectedDiNapoli: Heroin, Opioid Overdose Death Rates Rose Faster in New York Than in Most States
… heroin and prescription opioid abuse reached record highs in New York state in 2014, according to a report issued … through 2014. This figure reflects nearly 10 percent of all heroin users in the nation during this period as reported … Alcoholism and Substance Abuse Services is also providing up to $2 million for 50 new residential treatment beds in the …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-heroin-opioid-overdose-death-rates-rose-faster-new-york-most-statesComptroller DiNapoli and A.G. Schneiderman Announce Charges Against New Jersey Woman in Alleged Theft of Over $162,000 in New York State Pension Benefits
… New York State Comptroller Thomas DiNapoli and Attorney General Eric … Linda Miller turned herself in to the New York State Police to face the charge. She was arraigned on the … charging Linda Miller 57 a resident of Englewood NJ with grand larceny in the second degree a class C felony …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-ag-schneiderman-announce-charges-against-new-jersey-woman-alleged-theft-overTown of Homer – Conflict of Interest (2022M-148)
… Town of Homer (Town) officials had prohibited interests in Town contracts. Key Findings One Board member is the … and owner of a welding company which provided repair work to the Town, totaling $8,571, during our audit period. As … in the welding company’s contracts with the Town pursuant to New York State General Municipal Law Article 18. We also …
https://www.osc.ny.gov/local-government/audits/town/2022/12/23/town-homer-conflict-interest-2022m-148