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DiNapoli Announces $15 Million Investment in Northern Ireland
… investment strategy. This partnership will benefit our pension fund and Northern Ireland in the years to come.” “I … the largest ever investment here by a major international pension fund, a real endorsement of the maturing economic … State Common Retirement Fund, the third largest public pension plan in the United States with more than one million …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli: Federal Programs Bridge Gap in Broadband Access
… The number of New Yorkers earning less than $20,000 with a broadband subscription rose from 64% to 76% between 2019 and 2021 thanks in large part to two federal programs created … said. “In 2021, my office reported that about one in three low-income households lacked a connection. Thanks to these …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-accessDiNapoli: 14 School Districts Designated in Fiscal Stress
… DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2022, down from 23 districts in fiscal stress the prior year. This is the lowest incidence of fiscal stress recorded … for schools since the system’s inception (2012-13 school year). “The number of districts designated in a fiscal stress …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… today by State Comptroller Thomas P. DiNapoli. By the end of audit fieldwork, about $2.4 million of the overpayments were recovered. “New York’s Medicaid system is vast and complex with plenty of opportunity for waste and abuse,” DiNapoli said. “My …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpaymentsIX.4.J State Requirements in Support of CMIA Implementation – IX. Federal Grants
For most federal programs subject to CMIA interest liabilities will be calculated from the SFS and bank records
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix4j-state-requirements-support-cmia-implementationDiNapoli: 23 School Districts Designated in Fiscal Stress
… federal government’s Coronavirus Aid, Relief and Economic Security (CARES) Act had many requirements that caused …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressLocal 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-2021Green Economy Boosts Job Growth in New York
… and jobs. To further support workers, the State Fiscal Year 2021-22 Enacted Budget established prevailing wage, …
https://www.osc.ny.gov/press/releases/2022/02/green-economy-boosts-job-growth-new-yorkHealth, Safety, and Accessibility in District 75 Schools
… Objective To determine whether the New York City (NYC) Department of Education (DOE) is providing a safe and … Education Department, Regulations of the Chancellor of the NYC Department of Education, and the NYC Health Code govern these requirements. Several DOE …
https://www.osc.ny.gov/state-agencies/audits/2021/04/12/health-safety-and-accessibility-district-75-schoolsDiNapoli: 16 School Districts Designated in Fiscal Stress
… DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2023, up from 14 districts in fiscal stress the prior year, but still well below the 33 designated in stress in … Big Four) increased from $15.1 billion in SY 2021-22, to $16.7 billion in 2022-23, an increase of $1.6 billion, or …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressNew Yorkers in Need: The Housing Insecurity Crisis
… the most commonly used threshold of affordability. In New York, cost burdens are among the most severe in the nation, … to boost housing production and provide greater rental assistance, and the State must operate more efficiently, … operating. For example, as recommended by audits by the Office of the State Comptroller, the State should improve its …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisDiNapoli High-Tech is on the Rise in NYC
… quality of life, its large creative workforce, its investment opportunities, and its public commitment to … get off the ground in New York, while providing strong investment returns.” “I applaud New York State Comptroller …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycDiNapoli: Cyberattack Complaints in New York Rise 53%
… Cyberattack complaints in New York state increased 53% between 2016 and 2022, jumping …
https://www.osc.ny.gov/press/releases/2023/10/cyberattack-complaints-in-new-york-rise-53-percentOversight of Mental Health Education in Schools (Follow-Up)
… 2020-S-63 ). About the Program As the steward of New York State’s education program, the State Education Department (Department) is charged with the … disabilities. The objective of our initial audit, issued on April 11, 2022, was to determine what steps the Department …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/oversight-mental-health-education-schools-followDiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
… to 88.5 percent and the average room rate declined for the first time since the recession, from $301 to $294. … Waldorf Astoria was sold to a Chinese insurance company for a record $1.92 billion in 2014. For a copy of the complete report, The Hotel Industry in New …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-surge-tourism-bolsters-nyc-hotel-industryContinuing Crisis: Drug Overdose Deaths in New York
… year for which actual disbursement amounts are available, community-based providers accounted for $214.6 million or 87 … with specific quantifiable targets to achieve by 2025, allowing for the assessment of measurable progress. 35 … 750 99 755,160 Rockland 325 96 339,227 St. Lawrence 100 93 108,051 Jefferson 100 86 116,295 Suffolk 1,300 85 …
https://www.osc.ny.gov/reports/continuing-crisis-drug-overdose-deaths-new-yorkDiNapoli: NY's Homeownership Rate Lowest in the Nation
… nation, driven by low rates in New York City, according to a report released today by State Comptroller Thomas P. … owned a home in the second quarter of 2022, compared to 65.8% nationally. New York also has a racial and ethnic … of White households in New York owned their home, compared to 52% of Asian households, 34% of Black households, and 29% …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationSelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… Objective To assess the extent of implementation of the five recommendations included in our initial audit report, Selected State Agencies’ Roles … financial literacy offerings. We also sought to determine what data these agencies use to evaluate and improve …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followDiNapoli: 22 School Districts Designated in Fiscal Stress
… federal aid. “Pandemic-related federal funding as well as a boost in state aid have helped school districts avoid a fiscal stress designation in recent years,” DiNapoli said. … time to be scored in SY 2024, 3.3% have been designated as being in a level of fiscal stress. DiNapoli’s Fiscal Stress …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stressInflation in the New York City Metropolitan Area
… week, the U.S. Bureau of Labor Statistics (BLS) released new data indicating consumer prices grew by 8.5 percent nationally and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 … The most commonly used measure of household inflation is the Consumer Price Index (CPI), which has historically …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-area