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State Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24

… gaps. The Governor has stated that reserves will equal 15% of State Operating Funds, consistent with recommendations I … changes that increase the allowable deposits and balances of the state's rainy day reserves. The state should put this … to federal pandemic aid approaching and the possibility of an economic downturn, it is unclear how recurring …

https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-thomas-p-dinapoli-statement-state-budget-state-fiscal-year-2023-24

Report of Title V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017

… in place to accurately capture the Title V Operating Permit Program’s (Program) revenues, expenditures, and … sources subject to the Program must obtain an operating permit and pay annual fees established by the Act. The … bills them annually. The Act mandates that the Program’s permit fee revenues be sufficient to cover all reasonable …

https://www.osc.ny.gov/state-agencies/audits/2019/08/12/report-title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balance

DiNapoli: NYC Facing Larger Budget Gaps Amid Slowing Economic Growth and Rising Costs

… Plan largely adjusted spending in the current year only, adding some funding for under-budgeted items and state …

https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-facing-larger-budget-gaps-amid-slowing-economic-growth-and-rising-costs

Photos: State Comptroller DiNapoli Visits Wyoming County Farm

… Earlier today, State Comptroller Thomas P. DiNapoli toured Silver Meadows Farm in Wyoming County to help highlight New … industry. The family-owned farm is located on 750 acres in Silver Springs and produces milk, as well as corn, alfalfa, wheat and oats. "Farms such as Silver Meadows provide jobs and critical tax dollars to local …

https://www.osc.ny.gov/press/releases/2018/09/photos-state-comptroller-dinapoli-visits-wyoming-county-farm

Elementary and Secondary Education – 2022 Financial Condition Report

… York State led all states in per-pupil disbursements for public elementary and secondary education at $25,519 … the Largest Source of Funding In SY 2020-21, support for public elementary and secondary schools in New York came from … about New York States per pupil expenditures for public elementary and secondary education …

https://www.osc.ny.gov/reports/finance/2022-fcr/elementary-and-secondary-education

XIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures

… fund; or Are, or were, authorized to receive temporary loans pursuant to subdivision five of section four of the … federal law or regulation, or are appropriated.” Temporary Loans and Agency Requests for Interest Earnings Each year the … Enacted Budget includes new authorization for temporary loans in specific funds listed in Article VII language bills. …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earnings

Green Economy Boosts Job Growth in New York

… Act (CLCPA) and the Reforming the Energy Vision, not only encourage the creation of new jobs related to clean …

https://www.osc.ny.gov/press/releases/2022/02/green-economy-boosts-job-growth-new-york

DiNapoli Op-Ed in Times Union

… The Times Union published an op-ed from New York State Comptroller Thomas P. DiNapoli today. … that level of public attention. Many states, including New York, have debt limits in place on state bonds. However, … solely to benefit private enterprise. Give flexibility in times of emergency. The constitution’s emergency …

https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-union

New NY Broadband Program (Follow-Up)

… recommendations included in our initial audit report, New NY Broadband Program (Report 2020-S-19 ). About the … broadband remains unavailable or too costly for many New Yorkers. The New NY Broadband Program (Program)—launched in 2015 and … three recommendations included in our initial audit report New NY Broadband Program Report 2020S19 …

https://www.osc.ny.gov/state-agencies/audits/2024/09/25/new-ny-broadband-program-follow

DiNapoli: June Tax Receipts Down 17.3% From Last Year

… billion or 17.3 percent from the previous year, according to the monthly state cash report released by State … Division of the Budget withholds some payments in response to fiscal uncertainty. All eyes are on Washington. New York … and its localities badly need more federal aid if they are to respond fully to the COVID-19 crisis.” Other items of note …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-june-tax-receipts-down-173-last-year

DiNapoli: Financial Viability of OTBs in Jeopardy

… lotteries, nine racing tracks in the state offering video lottery terminals (VLTs), five Native American casinos … full copy of the final report, including their response, visit: … Off-Track Betting Corporations Nearing the Finish Line? ” visit: … financial data and information on 50,000 state contracts, visit Open Book New York . The easy-to-use website was …

https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardy

DiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves

… 2021-22 Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …

https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reserves

DiNapoli Releases Analysis of 2022-23 Enacted State Budget

… Historic federal aid and better-than-expected revenues allowed for a steep … of the year-over-year growth will be for new initiatives and more funding for existing programs. DiNapoli expressed concerns about the growth in capital spending and debt. He also cautioned that many provisions weaken …

https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budget

DiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024

… first major increase since the 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 … but still more than any other state. DiNapoli estimates 1 in 11 jobs in the city is either directly or indirectly …

https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024

Title V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017 (Follow-Up)

… March 31, 2017 ( 2017-S-81 ). About the Program The U.S. Environmental Protection Agency established an operating … them annually. The Act mandates that the Program’s permit fee revenues be sufficient to cover all reasonable direct and … and the immediately upcoming year; and whether Program fee revenues collected pursuant to administration of Article …

https://www.osc.ny.gov/state-agencies/audits/2020/09/15/title-v-operating-permit-program-revenues-expenditures-and-changes-fund-balance-eight

State 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 … through 2014-15 that appropriated a total of $28 million in fund balance to finance operations. However, because they …

https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-school-audits-0

City of Amsterdam - Budget Review (B21-5-5)

… exceed $8.3 million to liquidate the cumulative deficits in the City’s general, transportation, sewer and recreation … certain significant revenue and expenditure projections in the 2021-22 proposed budget are not reasonable and other … budget does not appropriate enough money for contingencies in the refuse and recreation funds to provide adequate …

https://www.osc.ny.gov/local-government/audits/city/2021/05/07/city-amsterdam-budget-review-b21-5-5

New York City Budget Balanced But Economic Risks Have Grown

… budget easier. Since 2009, the city has added 820,400 jobs, bringing employment to a record level of 4.55 million … has continued this year and the unemployment rate remains near its record low. The city is on track to add 94,400 jobs … $1.15 billion, while maintaining the stabilization reserve at $250 million. If unneeded, these resources could …

https://www.osc.ny.gov/press/releases/2019/08/new-york-city-budget-balanced-economic-risks-have-grown