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Comptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… Maspeth, with falsifying business records for a series of emergency contracts with the state Office of General Services … or any other suspected public corruption is encouraged to contact the State Comptroller’s office by calling the …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraudDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… 2016 surplus stems largely from unanticipated growth in tax revenues, debt service and agency savings, and a drawdown … remains strong, it is also showing signs of slowing. City tax collections, after growing at an average rate of 6.9 … percent in FY 2016. The city’s financial plan assumes that tax collections will slow to 1.7 percent in FY 2017. …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli: State Pension Fund Valued at $297.8 Billion at End of Third Quarter
… for the first nine months of the fiscal year. "The state pension fund continued to grow over the third quarter,” … risks, however. Fortunately, my team manages the state pension fund prudently, with a diversified portfolio that can … economic storms and provide retirement security for the pension fund’s more than 1.2 million working and retired …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-state-pension-fund-valued-297-point-8-billion-end-third-quarterSummit Security Services, Inc. (Summit)
… determine whether individuals who performed security guard and fire safety director services at three New York City … OGS paid Summit nearly $2.8 million for security guard and fire safety director services provided at the Shirley A. … the Adam Clayton Powell, Jr. State Office Building; and the James A. Farley Building in New York City during the …
https://www.osc.ny.gov/state-agencies/audits/2020/08/03/summit-security-services-inc-summitDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… better-than-expected revenues allowed for a steep increase in spending in the $220.5 billion enacted state budget for State Fiscal … programs. DiNapoli expressed concerns about the growth in capital spending and debt. He also cautioned that many … betterthanexpected revenues allowed for a steep increase in spending in the $2205 billion enacted state budget for …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… to the monthly State Cash Report released by State Comptroller Thomas P. DiNapoli. “Tax collections continued to … refunds from credits associated with the Pass-Through Entity Tax (PTET) and property tax relief. Year-to-date … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… increasing the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting … which would enhance the city’s fiscal discipline and best prepare it for the uncertainties that lay ahead. Report …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… 2021 because of better-than-projected revenues from income and corporate taxes, debt service savings from lower interest rates and a deferral of labor costs to FY 2022, but the city will … by the pandemic, but strength in the securities industry and other sectors have boosted personal income and business …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… Earlier in the week, DiNapoli reported that state tax collections in April totaled just over $10.9 billion, a … The decline was primarily in the Personal Income Tax (PIT). “The Enacted State Budget funds critical services, … 2022-23. These declines include a forecasted reduction in tax receipts of $3.5 billion, or 3.2%. This follows a …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetNYS Common Retirement Fund Announces Third Quarter Results
… of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. 31, 2015, according to … and provide sustainable returns and retirement security for generations to come.” The Fund's estimated value … quarter of the Funds 20152016 fiscal year was 288 percent for the threemonth period ending Dec 31 2015 according to New …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… quarter," DiNapoli said. "New York state's pension fund is designed and prudently managed to provide sustainable … Fund The New York State Common Retirement Fund (Fund) is the third largest public pension plan in the nation with … opportunities and weathers market ups and downs. The Fund is widely regarded as one of the nation's best-managed and …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli Releases Analysis of Federal Funding for New York City
… New York City’s proposed Fiscal Year (FY) 2026 operating budget relies on $7.4 billion in federal … according to a series of briefs released today by New York State Comptroller Thomas P. DiNapoli. DiNapoli’s office … could jeopardize at least $535 million of federal aid in FY 2025 and FY 2026, but notes that nearly all federal …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-cityDiNapoli: State Tax Receipts Outpaced Projections Through December
… in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan. On a year-over-year … billion higher than those through December 2023, according to the monthly State Cash Report released today by New York … financial market growth over the course of the year. Year-to-date consumption and use tax collections totaled $17 …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberOpinion 96-6
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF … insurance is placed, but who does not receive a commission on the town's insurance and is not an officer, director, … , 91 Misc 2d 1041, 399 NYS2d 173; Lynd v Heffernan , 286 App Div 597, 146 NYS2d 113), it is subject to the …
https://www.osc.ny.gov/legal-opinions/opinion-96-6DiNapoli Releases Analysis of Enacted State Budget
… and limits transparency of state spending, according to a report released today by State Comptroller Thomas P. … expands public authority backdoor borrowing and fails to build up rainy day reserves. While revenues are currently strong, it's important to monitor trends moving forward including the ongoing impact …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-analysis-enacted-state-budgetDiNapoli Releases Analysis of Revised Executive Budget
… the financial risks posed to New York by unpredictable tax revenues and federal funding, according to a report … larger-than-expected declines in current fiscal year tax collections leave uncertainty that may not be fully … before the April 1 start of the new fiscal year. State tax collections for the month of January were $2.3 billion …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetDiNapoli Releases Report on Local Roads
… hold during the pandemic, but an influx of federal money is expected to jump start projects at the same time the Executive is proposing more funding for road repair and improvements. … businesses, and loved ones,” said DiNapoli. “The state is expected to receive $13.5 billion over five years for …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsDiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… by 15.7% and 16.7%, respectively, while June increased 6.5%, marking the first time since March 2021 that the … along with a possible return to more typical growth rates after the dips and rebounds caused by the COVID … counties and cities in the rest of the state slowed to 2.6% over the same period last year, going from $2.7 billion to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022NYS Common Retirement Fund Reports Estimated First Quarter Results
… (5.8%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to the state fiscal year. Every three years the Fund is required to undergo an independent Fiduciary and Conflict …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… was -0.52 percent, bringing the Fund’s estimated value to $178.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “On the … always, our diversified investment allocation positions us to maximize long-term value.” The Fund's positive performance …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-results