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DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… New York City is expecting to generate a surplus of $3.7 billion in fiscal year (FY) 2022 due to … previously raised. Still, more can be done to prepare for unforeseen risks and to manage challenges as increased … of FY 2023 spending, enhance its rainy-day fund or retiree health benefits trust, or reduce future expenses in …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… levels were 0.6% at the end of FY 2021, however additional forms of budgetary cushion increase these levels to about 8% …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, … the COVID-19 pandemic,” DiNapoli said. “This growth is an indicator that New York is experiencing an economic recovery, … must closely watch changing economic conditions as supply chain shortages and workforce disruptions may impact …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… Thomas P. DiNapoli. DiNapoli’s analysis noted that federal funds are being used to pay for operating expenses typically … the pandemic will be with us for a long time and federal funds have been essential in shoring up the state’s finances, … others. In several other major areas of spending, federal funds allocated via the stimulus acts enacted to date are …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… In 2013, the most recent full year of data available, IDA projects reported a total of 644,080 full-time jobs, … 199,943 jobs over the life of these projects, at a median cost of $2,095 per job gained. In 2012, cumulative job gains … the use of standardized project applications, cost-benefit analysis, uniform project agreements and provisions …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsDiNapoli: New York City's Budget Outlook Improves
… in FY 2024 and grew to $2.2 billion by FY 2027, despite a decrease of about $500 million annually in real estate … and inclusion of proposed state asylum seeker funding, when combined with additional as-yet unbudgeted reductions in … will rise to nearly $1.9 billion by FY 2028. The city does not address how it will support $92 million in funding …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesState Agencies Bulletin No. 2159.1
… before January 1, 2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made available to employees when calculating the Cents-Per-Mile Valuation or the Fleet … credit cards issued by the State.If these charges were not reimbursed by the officer or employee, agencies must add …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… grew by a more modest 1.5% and 1.1%. Modest Increase for NYC: New York City’s collections moderated in the second …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterState Agencies Bulletin No. 2159
… This bulletin is superseded by Payroll Bulletin No. 2159.1 . Purpose: The purpose of this … vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2023. Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedState Agencies Bulletin No. 2059
… before January 1, 2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made available to employees when calculating the Cents-Per-Mile Valuation or the Fleet … cards issued by the State. If these charges were not reimbursed by the officer or employee, agencies must add …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedState Agencies Bulletin No. 2271
The purpose of this bulletin is to inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an employerprovided vehicle and chauffeur services in the New York State Payroll System PayServ for tax year 2024
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2271-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Yards, Chelsea, Union Square, Soho, Downtown Brooklyn and Long Island City. “The value of office buildings in New York City … boroughs reached double digits in Downtown Brooklyn and Long Island City, which have also experienced substantial …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceInflation in the New York City Metropolitan Area
… April 21, 2022 PDF Version Last week, the U.S. Bureau of Labor Statistics (BLS) released new data … area. As consumer spending habits differ by geography, so does the basket of goods. For example, housing comprises the … Area Prices To Date Prior to the pandemic, annual growth rates in overall prices in the NYC metro area lagged behind …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaState Agencies Bulletin No. 2262
… and Instructions regarding the following: Contract Pay and Additional Pay for Contract Pay teachers Submitting … Transfers between agencies Work schedule for CAL teachers Restoration of health insurance for Contract Pay teachers … must terminate teachers (Comp Rate Codes CAL, 21P, or FEE) not be returning in Fall 2024 by entering the Action …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2262-restoration-contract-pay-and-additional-pay-21p-institution-teachersDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… contributions rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2025-26. … (PFRS). NYSLRS is made up of these two systems, which pay service and disability retirement benefits to state and local …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26DiNapoli: State Tax Receipts Higher Than Projections in First Quarter
… receipts totaled $33.2 billion through the first quarter of State Fiscal Year (SFY) 2025-26, $580.5 million higher than the most recent Division of the Budget (DOB) estimates. State tax collections were also $3.3 billion higher than the first quarter of 2024, according to the monthly State Cash Report released …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-tax-receipts-higher-projections-first-quarterRemsenburg-Speonk Union Free School District – Financial Management (2025M-33)
… may retain a portion of surplus fund balance, 1 up to 4 percent of the budget, for unexpected occurrences and … 125 students in grades K-6. The District also paid tuition to neighboring districts to educate nearly 160 students in … ($5.6 million) were for special education instruction. From fiscal years 2019-20 through 2022-23, the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/18/remsenburg-speonk-union-free-school-district-financial-management-2025mState Agencies Bulletin No. 1928
… using an overpayment earnings code or an AC-230. In this case, the negative retroactive adjustment may be re-generated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1928-april-2021-managementconfidential-mc-performance-advancesUnified Court System Bulletin No. UCS-200
… Removed from the Payroll in Pay Period 19C If a Judge does not serve through 12/31/13 and the removal transaction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-200-2013-year-end-adjustment-judges-and-justices-unified-courtUnified Court System Bulletin No. UCS-109
… the total amount of regular earnings actually paid to a judge for each calendar year must equal the judge’s … provided the following conditions are met and the judge does not meet the exceptional conditions described in the … The agency should refer to the Attachment to this Bulletin when reporting transactions in Pay Period 19C. Judges who …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-109-2006-year-end-adjustment-judges