Search
DiNapoli Releases Recommendations From Decarbonization Advisory Panel
… Advisory Panel. The report examines the financial impacts of climate change on the New York State Common Retirement Fund (Fund) … because we believe that urgent action is necessary to address climate-related risks and opportunities. Adapting a …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… 56.3% from the $31 billion earned in the same period last year, according to State Comptroller Thomas P. DiNapoli’s … “The last two years of profits and bonuses fueled in part by the extraordinary federal response to the pandemic were … (63%) of industry employees were White, 20% were Asian American, 8% were Hispanic and 6% were African American. …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsState Contract and Payment Actions in May
… million for the Landlord Rental Assistance Program. Other Payment Rejections and Other Cost Recoveries OSC rejected tax …
https://www.osc.ny.gov/press/releases/2022/06/state-contract-and-payment-actions-mayDiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… New York State Comptroller Thomas P. DiNapoli today announced a series … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesState Contract and Payment Actions in October
… Office of the State Comptroller approved 1,555 contracts for state agencies and public authorities valued at $1.5 … tax refunds. $297.2 million for 1,188,432 additional child and earned income tax payments. $157.6 million for … Health LLC to provide pharmacy benefit services for the Empire, Excelsior and Student Employee Health plans. $31.2 …
https://www.osc.ny.gov/press/releases/2022/11/state-contract-and-payment-actions-octoberDiNapoli: Problems Plague State's Rent Relief Program; Federal Funds To Help Renters at Risk
… funds being distributed, and aid has not reached many low-income and minority New Yorkers, particularly those … information on applicants, and little clarity over how many households were turned away and why, making it … As of Aug. 12, 2021, $108.8 million has been disbursed from the Emergency Rental Assistance Fund, reflecting …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-problems-plague-states-rent-relief-program-federal-funds-help-renters-riskDiNapoli: Wall St. 2021 Profits near Record Levels
… in pre-tax earnings, beating 2020’s outsized first half profits of $27.6 billion, even as job losses accelerated in … during a difficult time. The securities industry’s strong profits have helped shore up tax revenues and securities … said. “Financial markets move in cycles, however, and profits will subside at some point. As we prepare for an …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsState Contract and Payment Actions in May
… State Parkway in Dutchess County. Major Payments Approved Tax Refunds and Credits $1.7 billion for 1,365,142 personal income tax refunds. $126.6 million for 31,837 corporate and other … Insurance, Pandemic Unemployment Assistance and Federal Pandemic Unemployment Compensation programs. Office …
https://www.osc.ny.gov/press/releases/2021/07/state-contract-and-payment-actions-mayDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… received about 447,000 heat and hot water complaints, many of them for the same lack of heat or hot water problem … the ability to access apartments and identify violations. Per HPD records, in FY 2018 and 2019, Housing Court imposed … and Development Heat and Hot Water Complaints Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli Seeks Stronger Federal Safety Measures for Oil Trains to Protect New Yorkers
… not only tragic human costs, but loss of local jobs and tax revenues. The state has stepped up inspections, but …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-seeks-stronger-federal-safety-measures-oil-trains-protect-new-yorkersOpinion 88-18
… the opinion. TAXES -- Mortgage Tax (distribution to newly incorporated village) VILLAGES -- Incorporation (right to … Law, §261(3) are required to be apportioned among the town and certain villages in the town for the period October 1, … mortgage tax moneys are to be apportioned between a town and village. That statute states: "* * *in a county in which …
https://www.osc.ny.gov/legal-opinions/opinion-88-18Opinion 88-48
… purposes of section 103 to mean "a municipal corporation, school district, district corporation and board of cooperative education …
https://www.osc.ny.gov/legal-opinions/opinion-88-48Opinion 88-60
… although villages are generally authorized to sell village real property which is no longer needed for village purposes …
https://www.osc.ny.gov/legal-opinions/opinion-88-60Opinion 90-1
… This opinion represents the views of the Office of the State Comptroller at the time it was … LAW, §27-0925; MUNICIPAL HOME RULE LAW, §10(1)(i): Where a town imposes an assessment on the gross receipts of a … for public purposes ( Comereski v City of Elmira , 308 NY 248). Towns are authorized to develop playgrounds for the …
https://www.osc.ny.gov/legal-opinions/opinion-90-1DiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… and investment tool for individuals with disabilities. NY's ABLE program, which launched just over a year ago, … Congress, the ABLE Age Adjustment Act ( H.R. 1874 / S.817 ), amends the Internal Revenue Code for state-sponsored …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… New York State Comptroller Thomas P. DiNapoli today announced an investment strategy that will raise the New York Common Retirement Fund’s (Fund) commitment to …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureState Public Health Emergency Medical Stockpile
… of all DME procured during the pandemic, developing new guidance for future public health emergency disasters …
https://www.osc.ny.gov/state-agencies/audits/2025/04/11/state-public-health-emergency-medical-stockpileState Comptroller DiNapoli Releases Municipal & School Audits
… did not accurately record department leave or properly pay separation payments. Officials overpaid 11 of 14 …
https://www.osc.ny.gov/press/releases/2025/04/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… Almost 2.7 million New Yorkers, or 13.9% of the state’s population, lived in poverty in 2021, compared to 12.8% of … of New Yorkers struggling to make ends meet.” DiNapoli’s report found: Poverty rates are more than double for … and helped pass the “Child Poverty Reduction Act.” This law established a child poverty reduction goal of 50% over 10 …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsVII.9.A Fringe Benefits and Indirect Costs Automation – VII. State Revenues and Appropriated Loan Receivables
… A new automated process was implemented as of July 1, 2018 that will no longer use quarterly agency billings and AP …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9a-fringe-benefits-and-indirect-costs-automation