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NYC Surplus Projected to Reach $550 Million in FY 2020
… New York City now projects a surplus of $550 million in fiscal year 2020, reflecting stronger-than-expected … DiNapoli said. “The risk of a recession has eased in the near term, but the city should continue to increase … out-year gaps have grown slightly, to nearly $3 billion in FY 2022 and $3.2 billion in FY 2023. Despite concerns that …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020DiNapoli: Post-Pandemic Unemployment in NYC Persists for Some Demographic Groups
… The December unemployment rate in New York City remained higher than pre-pandemic levels for … college-educated unemployment, a major shift from earlier in the decade. “New York City continues to experience uneven … are more likely to face higher unemployment now than in years past. These findings identify where support may be …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-post-pandemic-unemployment-nyc-persists-some-demographic-groupsDiNapoli: $246,900 Average Bonus on Wall Street, Up 6% in 2025
… industry bonus pool reached a record $49.2 billion in 2025, up 9% from the previous year, while the average … estimate. The increases reflect a rise of more than 30% in Wall Street’s profits, which totaled $65.1 billion in 2025. “Wall Street saw strong performance for much of last …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-246900-average-bonus-on-wall-street-up-6-percent-in-2025DiNapoli Announces Victory in Shareholder Rights Lawsuit Against BJ's Wholesale
… New York State Comptroller Thomas P. DiNapoli, Trustee of the New York State Common Retirement Fund, released a … value of our investments.” The BJ’s decision is the first instance in which a federal court has formally ruled in … management prerogative. Following the SEC’s Nov. 17, 2025, announcement that its Division of Corporation Finance …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-announces-victory-shareholder-rights-lawsuit-against-bjs-wholesaleDiNapoli Report Analyzes Increases in NYC's Unsheltered Population and Spending
… In a report released today , State Comptroller Thomas P. … New York City’s expanded efforts to address the rise in its unsheltered (street homeless) population. The report … efficiency of shelter placements is particularly important in the current budget environment as funding for street …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-report-analyzes-increases-nycs-unsheltered-population-and-spendingDiNapoli: New York Sees Improvement in Condition of Local Bridges
… One in 10 locally owned bridges in New York state is rated in poor condition, according to a report released today by … One in 10 locally owned bridges in New York state …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… tax levy growth will be limited to 2% for a third time in four years for local governments with calendar fiscal … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In 2021, the allowable levy growth was 1.56%. The Office of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022DiNapoli: Franklin School District Saves $826,000 in Health Care Costs
… Central School District officials saved more than $800,000 in health insurance costs by switching carriers and offering … today by New York State Comptroller Thomas P. DiNapoli. “In a time of limited resources and increasingly tight … measures that benefit both taxpayers and employees.” In January 2013, school officials in Franklin assessed the …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-franklin-school-district-saves-826000-health-care-costsDiNapoli: Former Pharmacist Pleads Guilty In $232,000 Fake Prescriptions Scam
… admitted today he faked prescriptions to steal $232,000 in a fraud that was uncovered in two audits by State Comptroller Thomas P. DiNapoli’s … Davis, 63, the former owner of Davis Ethical Pharmacy in Rockville Centre, pleaded guilty to grand larceny in the … admitted today he faked prescriptions to steal $232000 in a fraud that was uncovered in two audits by State …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-former-pharmacist-pleads-guilty-232000-fake-prescriptions-scamDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… Kristina Johnson will do jail time and pay $50,000 in restitution after admitting Friday to repeatedly pilfering … Brooks Baker and New York State Police for their diligence in working with my office to bring this individual to justice.” Johnson, 37, pleaded guilty in Steuben County Court to grand larceny in the second degree …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: New York State Fourth Nationwide in Credit Card Debt
… New York state ranked fourth nationwide in credit card debt at $58.2 billion in 2017, according to a report released today by State … DiNapoli. Although credit card debt declined significantly in the state from 2008 through 2013, the trend reversed in … New York state ranked fourth nationwide in credit card debt at $582 billion in 2017 according to a …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… District Attorney David J. Hayes for their diligent work in helping us hold Mr. Brown accountable." Brown, 53, of Tupper Lake, was charged with grand larceny in the third degree, a Class D felony, and sent to the Franklin County jail in lieu of $5,000 bail. He is due back in Tupper Lake village …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftMedicaid Program – Improper Medicaid Payments for Recipients in Hospice Care
… related to the terminal illness. Hospice can be provided in the home or in an inpatient setting and includes nursing and physician … care. Key Findings Auditors identified about $8 million in inappropriate Medicaid payments for services provided to …
https://www.osc.ny.gov/state-agencies/audits/2018/12/11/medicaid-program-improper-medicaid-payments-recipients-hospice-careDiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds
… DiNapoli announced today his office stopped $21.3 million in questionable or fraudulent personal income tax refunds from being paid so far in 2017. DiNapoli's office paid out 4.6 million state refunds … refunds totaling $466 million are expected to be paid in the coming days. "My auditors are committed to …
https://www.osc.ny.gov/press/releases/2017/04/dinapolis-auditors-halt-213-million-suspicious-2016-tax-refundsDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… equipment, including Closed-Circuit Televisions (CCTVs) in the subway system, to avoid future unexpected failures, an … because of staff reductions, and that the large increase in security equipment further reduced its ability to conduct … not indicated” for 53 repairs and “Other” for 41 repairs. In one instance, an order to repair a CCTV system was created …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… 14, 2022, Valerie White, 58, of Middletown, pled guilty in Orange County Court to Grand Larceny in the Third Degree. Under the plea agreement announced on … of the guilty plea, White was ordered to pay restitution in the amount of $51,532.64, which is the total funds that …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseDiNapoli: Three Arrested in Connection With Over $1 Million Medicaid Transportation Fraud Scheme
… 2023 Three principals of Phinaliz Communications LLC were arrested in connection with a long-running scheme to steal … Philip Mtui, Mbaga Kaiza, and Tony Taylor, were arrested last Thursday. "The defendants allegedly engaged in … Mtui and Kaiza both were held on $250,000 bail. Taylor was arrested on one count of conspiracy in the sixth degree …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-three-arrested-connection-over-1-million-medicaid-transportation-fraud-schemeDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… to help the growing number of New Yorkers going hungry in the wake of the economic damage caused by the COVID-19 … the need to combat hunger vigorously is clear and urgent. In 2019, the Supplemental Nutrition Assistance … each month . Enhancing SNAP to reflect the sharp increase in need would require only a small fraction of the federal …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityComptroller DiNapoli & A.G. Schneiderman Announce Jail Time for Former Highway Superintendent Sentenced in Public Corruption Case
… from the Town, has been sentenced to serve six months in jail and five years of probation. As part of Burlew's … he must also pay full restitution to the town of Erin. In the event that Burlew fails to pay restitution, he faces up to fifteen years in state prison. "Mr. Burlew began to steal public equipment …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-ag-schneiderman-announce-jail-time-former-highway-superintendent-sentenced-0Comptroller DiNapoli & A.G. Schneiderman Announce Jail Time for Former Highway Superintendent Sentenced in Public Corruption Case
… from the Town, has been sentenced to serve six months in jail and five years of probation. As part of Burlew's … he must also pay full restitution to the town of Erin. In the event that Burlew fails to pay restitution, he faces up to fifteen years in state prison. "Mr. Burlew began to steal public equipment …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-ag-schneiderman-announce-jail-time-former-highway-superintendent-sentenced