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DiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… Strong revenue growth may allow New York City to generate at least an additional $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget … Strong revenue growth may allow New York City to generate at least an additional $24 billion in …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… better than the Division of the Budget’s current estimates for the first quarter, but the economy is sending mixed … economic conditions and what it means short- and long-term for our state’s finances.” Personal income tax (PIT) receipts … which was $9 billion, or 18.3%, higher than last year for the same period, largely reflecting higher Medicaid …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: State Agency Overtime Costs Increased 10.2% in 2024, Up 1.8M Hours Over 2023
… New York State agency overtime costs increased 10.2% in 2024 for a total of $1.3 billion, while the number of … overtime and workforce trends. After a long-term decrease in staffing levels, the size of the state workforce, not including SUNY and CUNY, grew from 2023 by 3.7% in 2024, or 5,330 positions, to an average annual total of …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-agency-overtime-costs-increased-10.2-percent-in-2024-up-1.8m-hours-over-2023DiNapoli: NYC's Miscellaneous Revenues Experience Slow Growth Post Pandemic
… revenues” reached an estimated $6.7 billion in fiscal year (FY) 2025, 11% higher than in FY 2019, and weaker than the 29% … by the city declined 2.7% from FY 2019. The following year fines and forfeitures declined again, by 4%. … revenues reached an estimated $67 billion in fiscal year FY 2025 …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-nycs-miscellaneous-revenues-experience-slow-growth-post-pandemicMotor Vehicle Financial Security and Safety Responsibility Acts - Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7)
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7-response.pdfMotor Vehicle Financial Security and Safety Responsibility Acts - Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7)
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7.pdfMeasuring Employment Outcomes of Open Streets in New York City
In each year between 2020 and 2024, Manhattan had the largest share of Open Street locations, ranging from 34.9 percent in 2020 to 44.1 percent in 2023.
https://www.osc.ny.gov/files/reports/pdf/report-20-2026.pdfDiNapoli: State Pension Fund Value $178.1 Billion
… term. Our investment team is focused on ensuring we remain one of the best funded and top performing plans in the … public pension fund in the country and remains one of the nation’s best-managed and best-funded pension … System provides retirement security to more than one million active state and local government employees, …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionImplications for the Future – 2022 Financial Condition Report
… and DOB had to rely on other budget actions, including withholding payments and raising taxes to keep the budget in …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureDiNapoli: Inflation in NYC Metro Area Up 6.1% in March, Growing at Highest Rate in 30 Years
… Statistics (BLS) indicates consumer prices grew by 6.1% in the New York City Metropolitan Area in March 2022 compared to the same month one year ago, driven … Labor Statistics BLS indicates consumer prices grew by 61 in the New York City Metropolitan Area in March 2022 compared …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-inflation-nyc-metro-area-march-growing-highest-rate-30-yearsDiNapoli: NYC's Finances Benefiting From Better Than Expected Revenues
… revenues and lower costs for asylum seekers will help New York City balance its $118 billion fiscal year (FY) 2026 budget, according to a report released today by State … for discretionary programs and maintain services. “New York City’s fiscal outlook has improved since January as …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-nycs-finances-benefiting-better-expected-revenuesDiNapoli Releases January State Cash Report
… totaled nearly $62.7 billion through Jan. 31, a decline of $658.3 million or 1 percent from the same period last … watching closely to see if revenues meet the Division of the Budget's projected growth." Through the first 10 months of the fiscal year, All Funds receipts totaled nearly $126.5 …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-releases-january-state-cash-reportDiNapoli Releases August State Cash Report
… State tax collections through August dropped by $898 million, or 3 … today by State Comptroller Thomas P. DiNapoli. While tax collections for the first five months of the fiscal year … is primarily due to lower than expected personal income tax (PIT) collections, which were $105 million below updated …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-august-state-cash-reportDiNapoli: Contamination of New York's Waterways From Combined Sewer Overflows Remains a Challenge
… untreated or partially treated combined sewer wastewater is discharged from pipes directly to rivers, streams, … waters when their systems are overwhelmed. New York City is responsible for about half of the outfalls, and just three … $5 billion over 20 years. This is in addition to the $26.3 billion the EPA estimates is needed for other wastewater …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-contamination-new-yorks-waterways-combined-sewer-overflows-remains-challengeDiNapoli: NYC Tax Collections Stronger Than Anticipated
… of $1 billion and a capital stabilization reserve of $250 million, which, if not needed, could be used to narrow …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-nyc-tax-collections-stronger-anticipatedState Comptroller Thomas P. DiNapoli Statement On Governor's Budget And New Proposals
… state is in a stronger fiscal position than it has been for some time, and the Governor and Legislature deserve credit for reducing the structural budget imbalance and passing … advantage of a significant windfall of cash from legal settlement monies, totaling more than $5 billion. We must …
https://www.osc.ny.gov/press/releases/2015/01/state-comptroller-thomas-p-dinapoli-statement-governors-budget-and-new-proposals-0DiNapoli Releases February State Cash Report
… or 0.7 percent from the same period last year, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli. Year to date tax collections were $103 million higher than the … latest projections included in the Third Quarter Update to the Financial Plan released with the Executive Budget on …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-releases-february-state-cash-reportDiNapoli: State Pension Fund Valued at $291.4 Billion at End of Second Quarter
… The estimated value of the New York State Common Retirement Fund (Fund) was $291.4 billion at the end of the second quarter of State Fiscal Year 2025-26, New York State Comptroller … The estimated value of the New York State Common Retirement Fund Fund was $2914 …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-state-pension-fund-valued-291-point-4-billion-end-second-quarterDiNapoli: Job Creation Increases for IDA Projects
… the life of these projects, at a median cost of $1,882 per job gained. In 2013, cumulative job gains equaled 199,943 with the median cost per job gained of $2,095. The five IDAs with the largest job …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-job-creation-increases-ida-projectsVI.2.A Appropriation & Segregation Overview – VI. Budgets
… disbursements may be made, for the purposes designated, up to the stated amount of the appropriation. Appropriations … generally are authorizations, rather than mandates, to spend and disbursements from an appropriation need not, … Appropriations which have liabilities incurred continue to be available until the lapse date for that budget pursuant …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi2a-appropriation-segregation-overview