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Title V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017 (Follow-Up)
… program (Program) under Title V of the federal Clean Air Act Amendments of 1990 (Act). The purpose of the Program … excess of established limits. Pursuant to New York’s Clean Air Compliance Act of 1993 (CACA), the Department is … responsible for developing and administering this Program. Air pollution sources subject to the Program must obtain an …
https://www.osc.ny.gov/state-agencies/audits/2020/09/15/title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balance-eightDiNapoli: Wall St. Profits Soared in First Half of 2020
… industry saw its pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over … money, plummeting interest rates and rising volume in trading drove profits dramatically upward to a level hard to imagine in March,” DiNapoli said. “Wall Street’s successful first …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… The average bonus paid to employees in New York City’s securities industry for 2024 reached … COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in 2024,” DiNapoli said. “This financial market strength is …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024NYC Budget Benefiting From Strong Tax Collections
… Comptroller Thomas P. DiNapoli. The surplus money will be used to balance the FY 2019 budget. "The city’s economy is … given the budget risks on the horizon, particularly the threat of federal budget cuts," DiNapoli said. Tax … reestimates. The city estimates that actions on the state level will cost $745 million in FY 2019 ($531 million in …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsTown of Cohocton – Oversight of Ambulance Service (2025M-49)
… [read complete report – pdf] Audit Objective Did the Town of Cohocton (Town) Town Board (Board) adequately … of and policy development for the District resulted in excessive fund balance and unnecessary tax increases. … The Board did not adequately oversee or manage the Towns …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-cohocton-oversight-ambulance-service-2025m-49DiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… a boost in federal aid, according to a report on the state’s year-end finances issued today by State Comptroller Thomas … Fund and the Rainy Day Reserve Fund, respectively; and Lottery revenues of $3.2 billion were $66.8 million, or 2 … below original projections. See the full report: Year-End Results for State Fiscal Year 2014-15 or …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15State Comptroller DiNapoli Releases School Audits
… practices and ensure proper policies and procedures are in place to protect taxpayer dollars from waste, fraud and … school districts annually spend approximately $60 billion in federal, state and local funds. For additional background … retain quotes or bids. A prior audit, which was released in August 2009, recommended that the district amend the …
https://www.osc.ny.gov/press/releases/2016/10/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: Financial Viability of OTBs in Jeopardy
… New York’s Off-Track Betting (OTB) corporations are at risk of financial insolvency due to the impact of … New Yorks OffTrack Betting OTB corporations are at risk of financial insolvency due to the impact of …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyDiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… for budget relief. Another $461 million of these one-time resources is expected to be spent for budget-balancing … cash flow and debt management purposes. Use of settlement resources for such purposes can obscure the state's … This figure reflects several actions that complicate the picture of year-over-year spending growth, such as: the use …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksDiNapoli: Audit Finds More Than $16 Million in Medicaid Cost Savings
… program counts," DiNapoli said. "Our audits routinely catch millions of dollars in overpayments and our latest … information pertaining to recipients' other health insurance coverage; $357,498 in improper payments for …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-finds-more-16-million-medicaid-cost-savingsComptroller DiNapoli Releases School Audits
… $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … any funds added or used over the last five years except for accumulated interest allowed by law. There is no clear plan for the future use of any of the district’s six reserves. …
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-releases-school-auditsDiNapoli 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: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… 2022-23 totaled $111.7 billion, $2.9 billion higher than the forecast released by the Division of the Budget (DOB) in the Amended Executive Budget financial … SFY 202223 totaled $1117 billion $29 billion higher than the forecast released by the Division of the Budget DOB in …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearDiNapoli Announces Fiscal Stress Scores
… Thirty local governments in New York State ended 2020 in some form of fiscal stress, State Comptroller Thomas P. … announced today identified 19 local governments designated in fiscal stress, including six counties, four cities, and … Thirty local governments in New York State ended 2020 in some form of fiscal stress …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-announces-fiscal-stress-scoresDiNapoli: Medicaid Audits Find More Than $700 Million in Unnecessary Costs and Overpayments
… Under Managed Care DOH uses two methods to pay health care providers for Medicaid pharmacy services: fee-for-service (FFS), where DOH pays providers directly for each drug dispensed; and managed care, … pharmacy, inpatient, durable medical equipment, and dental claims that did not comply with Medicaid policies; …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-medicaid-audits-find-more-700-million-unnecessary-costs-and-overpaymentsNew York Leads Nation in Nonprofit Jobs & Wages
… New York led the nation in nonprofit employment with more than 1.4 million jobs and total wages of just over $78 billion in 2017, according to a report released today by State … New York led the nation in nonprofit employment with more than 14 million jobs and …
https://www.osc.ny.gov/press/releases/2019/07/new-york-leads-nation-nonprofit-jobs-wagesNew York City Budget Balanced But Economic Risks Have Grown
… especially tax collections, the city’s savings program and unneeded reserves in that year. “New York City’s economy continues to expand, … employment to a record level of 4.55 million in 2018 and reducing the annual unemployment rate to 4.1 percent, the …
https://www.osc.ny.gov/press/releases/2019/08/new-york-city-budget-balanced-economic-risks-have-grownWage Subsidy and Transitional Employment Programs (Follow-Up)
… Purpose To determine the extent of implementation of the two recommendations included in our initial audit report, Wage Subsidy and Transitional … To determine the extent of implementation of 2 recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2017/03/09/wage-subsidy-and-transitional-employment-programs-followDiNapoli: Amid Federal Funding Uncertainty, State Must Focus on Programs To Aid Seniors
… ensure its own investments are reaching older adults who need help. A new report from State Comptroller Thomas P. … where. “New York has an obligation to support seniors who need and qualify for in-home, meal or other support … still on waitlists and some funding going unspent, we need greater transparency and stronger tracking to make sure …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-amid-federal-funding-uncertainty-state-must-focus-programs-aid-seniorsDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… to help the growing number of New Yorkers going hungry in the wake of the economic damage caused by the COVID-19 … the need to combat hunger vigorously is clear and urgent. In 2019, the Supplemental Nutrition Assistance … each month . Enhancing SNAP to reflect the sharp increase in need would require only a small fraction of the federal …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurity