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Wall Street Profits Up in 2016

… industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New … the highest level in four years. This is an increase of 21 percent over the $14.3 billion in profits in 2015, … had assumed securities industry profits would reach $21 billion, business tax collections could be lower than …

DiNapoli: Economic and Tax Collection Growth Slowing in New York City

… economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While the city’s economy is … Corp. The report also found that the Health and Hospitals Corporation continues to face serious financial problems. … than one-quarter of total receipts), the corporation still projects budget gaps that reach $1.8 billion by FY 2020. The …

Opinion 90-55

… ch 965) which, inter alia , permitted municipalities to apply for an accidental disability retirement, a retirement … accidental disability pension, if a firefighter does not apply, and to terminate salary payments to disabled … or modify the rights of disabled firefighters whose jobs are eliminated subsequent to the occurrence of their …

Opinion 90-24

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … issued in accordance with the Constitution and laws of the State and are valid and legally binding obligations of the … by the governing board of the municipality unless a state or local law provides for the delegation of that …

Opinion 2007-5

… the establishment of reserve funds by municipalities and the use of the moneys therein. General Municipal Law § … betterment or improvement or any preliminary studies and surveys relative thereto," as well as the contemporaneous … not included in the definition of “capital improvement” and for which a period of probable usefulness has been …

State Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District Branch To Support Community Banking in Red Hook

… Adrienne A. Harris today announced the approval of Spring Bank’s Red Hook Branch as a Banking Development District … (BDD) and deposited $10 million in public funds to the bank. The BDD program, administered by the Department of Financial Services (DFS), supports the establishment of bank and credit union branches in areas across New York State …

Opinion 88-7

… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … (need to use debt service appropriation where surplus bond proceeds available) TOWN LAW, §112(1); GENERAL MUNICIPAL … LAW, §9; LOCAL FINANCE LAW, §165.00: Where surplus bond proceeds are available to pay debt service for purposes …

Former Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted

… Stephanie Cowart. The money was to be used for "A Better Me," a project that was to "teach children and youth the … tools." The NAF grant proceeds for the "A Better Me" project were deposited directly into the NFHA’s operating … conducted any presentations related to the "A Better Me" project. In addition, between October 2013 and June 2014, …

Opinion 2002-13

… department may determine to use foreign fire insurance tax monies to make reasonable expenditures to fund the fire … fund-raising drive. You ask whether foreign fire insurance tax monies received by a fire district treasurer may be used … The distribution and use of foreign fire insurance tax monies is governed by sections 9104 and 9105 of the …

DiNapoli: New York City's Government Workforce Expected to Increase for First Time Since Pandemic

… to increase for the first-time year-over-year since the COVID-19 pandemic, according to a report released today by … employees, up from 281,917 workers in June 2023. "The COVID-19 pandemic upended New York city’s public workforce,” …

Area #2 – IT Security Training and Awareness – Information Technology Governance

Employment Recovery Is Slow for New Yorkers with Disabilities

… Research and Statistics using Current Population Survey (CPS) public use microdata for civilian, noninstitutional …

DiNapoli: New York Power Authority’s Installation of Electric Vehicle Chargers Years Behind Schedule

… “Since encouraging more drivers to switch to electric cars is a part of the state’s strategy for lowering … of the total and just one charger for every 2,639 electric cars. Nassau County has 5,947 registered EVs, about 13% of … 1.8% of the total or one port for every 1,189 electric cars. Westchester, where NYPA is based, has more NYPA public …

DiNapoli Op-Ed in the NY Daily News Explains His Audit of the Former Governor's COVID Performance

… recent audit  examines how the state Department of Health (DOH) collected and used data from nursing homes to … after 9/11 and during the COVID pandemic. Our appreciation for one another is deeper in stressful times. We applauded … facilities. Since most residents of nursing homes are seniors, this also highlights shortcomings with how society …

DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus

… tax revenues, and planned savings, according to a report released today by State Comptroller Thomas P. DiNapoli … fund revenue, in line with pre-pandemic levels. DiNapoli’s report notes that while the city’s current financial … to emerge during the plan period as well. DiNapoli’s report also found that the city anticipates $6.6 billion in …

IX.7.E Disaster Assistance – IX. Federal Grants

… process will be used each time there is a disaster event. This process requires the participation of staff in … allow New York State agencies to respond to a disaster event and receive budget relief by transferring the costs to … spending and costs by disaster and agency. Disaster Event Life Cycle/Process Prior to a pending disaster event, …

DiNapoli Warns of ‘Triple Threat’ of Fiscal Risks

… $384.3 million higher than initial projections, both in part due to monetary settlements not anticipated when those …

DiNapoli: Wall St. Profits on Pace to Beat 2016

… year of higher profits, according to a report released today by New York State Comptroller Thomas P. DiNapoli. … bonuses could be higher than last year. DiNapoli will release his annual estimate of bonuses paid to industry … has more than twice as many securities industry jobs as California, the second ranked state. Even though the industry …

DiNapoli: NYC Retail Sector Battered by Pandemic

… Comptroller Thomas P. DiNapoli. “2020 was a bleak year for brick and mortar retailers, and the holiday season's … rates rise may push many to insolvency,” DiNapoli said. “Stores do not have the usual crowds this holiday season and … half (52 percent) of the city’s retailers were approved for PPP loans. The number of retail jobs reported by them …

XI-A.6 Auto-Sourcing Purchase Orders – XI-A. Purchasing

… procurement process by systematically creating a purchase order (PO) from an approved contract release or purchase requisition. … and Transaction Preparation: Staged Contract Purchase Order Releases Online Agencies Agencies’ Contract Processors … procurement process by systematically creating a purchase order PO from an approved contract release or purchase …