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State Agencies Bulletin No. 1348
… Purpose To inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an employer-provided vehicle and chauffeur … personal use of an employerprovided vehicle and chauffeur serv …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1348-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… industry’s return to pre-pandemic levels of revenue after record profits in 2020 and 2021, according to State Comptroller Thomas P. DiNapoli’s … interest expenses were seven times higher in 2022 than in 2021. Market expectations are generally that interest rates …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli: State Pension Fund Valued at $273.4 Billion at End of Third Quarter
… State Common Retirement Fund (Fund) was $273.4 billion at the end of the third quarter of State Fiscal Year 2024-25. … and geopolitical issues raising concerns even as the U.S. economy continues to show strength,” DiNapoli said. … by allocation are invested in cash, bonds, and mortgages at 22.16%, private equity at 14.58%, real estate and real …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-state-pension-fund-valued-2734-billion-end-third-quarterDiNapoli: State Pension Fund Value $178.1 Billion
… markets during a volatile year. The Fund has an estimated value of $178.1 billion. “Despite weak equity markets, the … expected rate of return is 7 percent. The Fund’s value reflects $10.9 billion in benefits paid out during the … years 2014-2015 and 2015-2016. A graph showing the Fund’s value since 1993 is available here: …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionNYS Common Retirement Fund Reports First Quarter Results
… DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s value well above what it was at the close of the state fiscal year and … by the COVID-19 pandemic,” DiNapoli said. “Until there is a solution to the global public health crisis, market …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: New York's Public and Private Colleges and Universities Face Significant Challenges in Years Ahead
… and New York’s share of enrollment has decreased. In Fall 1970, New York’s higher education institutions enrolled about 1 in 11 students nationally; in Fall 2010, when enrollment peaked nationwide, it was 1 in 16. … and is forecast to undergo a precipitous drop beginning in 2025 – a looming “enrollment cliff.” The impact of enrollment …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-new-yorks-public-and-private-colleges-and-universities-face-significant-challenges-yearsOversight of Career and Technical Education Programs in New York State Schools (2019-S-29)
To determine whether current State Education Department (Department) career and technical education activities are sufficient to meet high-demand, high-growth, and high-salary job market needs; and what the Department, school districts, and Boards of Cooperative Educational Services can do to ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-19s29.pdfDiNapoli: Wall St. Profits Soared in First Half of 2020
… of 2020, an 82 percent increase over the same period last year, according to State Comptroller Thomas P. DiNapoli’s … more than the $82,938 average salary for the rest of the private sector in the city in 2019. As an illustration of the … of the Budget has projected a decline in finance and insurance bonuses of 28 percent as part of the state’s first …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: State's Fiscal Outlook Declines
… Just a year after the Division of the Budget forecast fiscal stability and no projected … spending could help preserve the economic competitiveness of our state and avoid cuts to critical programs New Yorkers … DiNapoli said large budget gaps underscore the importance of building up rainy day reserves and enhancing criteria for …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… which averaged $4 billion annually from FY 2023 through FY 2025 in the adopted budget in June 2021, were narrowed … in FY 2023, $3 billion in FY 2024, and $3.3 billion in FY 2025, fueling gaps that could total more than $5 billion … DiNapoli projects that unbudgeted spending growth for city worker overtime pay will exceed projections by more than $500 …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidDiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… York State Common Retirement Fund’s (Fund) ongoing efforts to increase corporate accountability for progress on diversity, equity and inclusion (DEI) issues. … Equity Audit At Chipotle , DiNapoli refiled a shareholder proposal seeking an independent audit of the company’s …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesDiNapoli Releases April Cash Report
… PIT receipts through April totaled $6.7 billion, 25.5 percent higher than last year for the same period, which … month, 2.9 percent more than the previous year and $12.5 million lower than projections. Business tax collections … assistance. Spending for local assistance grants totaled $5.1 billion, 6.7 percent or $364.7 million lower than last …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-reportNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… 11 percent higher than the previous year, but the average bonus paid to industry employees in New York City declined by almost 17 percent to $153,700, …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… caused a significant shift in taxpayer movement, with net out-migration quadrupling in 2020 compared to the prior year. … the pre-pandemic average. The report examines PIT filings for the pandemic years of 2020 and 2021 and follows up on … 28,700 taxpayers during this period. In 2020, the number moving out of state increased dramatically, resulting in a …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycSelected Management and Operations Practices (Follow-Up)
… to create a statewide network of up to 3,000 public and workplace charging stations. Charge NY is a collaboration …
https://www.osc.ny.gov/state-agencies/audits/2025/10/03/selected-management-and-operations-practices-followOversight of Career and Technical Education Programs in New York State Schools (2019-S-29) 180-Day Response
To determine whether current State Education Department (Department) career and technical education (CTE) activities are sufficient to meet high-demand, high-growth, and high-salary job market needs; and what the Department, school districts, and Boards of Cooperative Educational Services ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-19s29-response.pdfMWBE Report 2020-2021 Fiscal Year
In the 2020-21 fiscal year, market disruptions from the global pandemic gradually turned to optimism that the race against the COVID-19 virus would be won, ushering in a return to “normal” times.
https://www.osc.ny.gov/files/reports/special-topics/pdf/mwbe-fiscal-2020-21.pdfMWBE Report 2019-2020 Fiscal Year
Due to the disruption in the market as a result of the global pandemic caused by COVID-19, the value of the Fund as a whole has been impacted.
https://www.osc.ny.gov/files/reports/special-topics/pdf/mwbe-fiscal-2019-20.pdfDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… that FY 2018 budget is balanced, but the out-year budget gaps have grown since the beginning of the fiscal year with projected gaps of $3.6 billion in FY 2019, $3 billion in FY 2020 and $2.3 billion in FY 2021. Still, the gaps are relatively small as a share of city fund revenues …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsTown of Catskill – Internal Controls Over Selected Financial Operations (2014M-165)
… procedures for cash receipts for the senior center or the Receiver of Taxes. The Board did not review the Receiver of Taxes’ bank reconciliations and the Receiver had accumulated approximately $66,000 in taxpayer …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-catskill-internal-controls-over-selected-financial-operations-2014m-165