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DiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead
New York Citys 2019 fiscal year surplus is expected to grow as the year progresses with continued strong revenue collections and the reallocation of unneeded reserves but the city faces significant budget gaps and risks in the coming years
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-nyc-projects-surplus-current-year-faces-budget-risks-years-aheadComptroller DiNapoli and AG Schneiderman Announce Sentencing in Theft of Over $274,000 in State Pension Benefits
… that Marc A. Eletz, 70, a resident of Boca Raton, Florida, was sentenced in Albany County Court to 5 months in jail, … his theft and recovered nearly $275,000 for the retirement system,” State Comptroller DiNapoli said. “I thank Attorney … joint account through July 31, 2014, totaling $274,920.16. This case is the latest joint investigation under the …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-theft-over-274000-state-pension-benefitsDiNapoli: Former NYU Finance Director Pays Over $660,000 in Restitution for Role in Multi-Million Dollar Fraud
… companies she created by using subcontractors to serve as pass throughs. None of the subcontractors performed work on … and employee reimbursements but kept more than $660,000 to pay for personal expenses, including renovations to her home … by filing a complaint online at https://www.osc.ny.gov/investigations , or by mailing a complaint to: Office …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-former-nyu-finance-director-pays-over-660000-restitution-role-multi-million-dollar-fraudNew Yorkers in Need: A Look at Poverty Trends in New York State for the Last Decade
… its prevalence. Their causal theories fit into three broad categories — structural, behavioral and political 17 — and …
https://www.osc.ny.gov/reports/new-yorkers-need-look-poverty-trends-new-york-state-last-decadeState Contract and Payment Actions in October
In October the Office of the State Comptroller approved 1525 contracts for state agencies and public authorities valued at $287 billion and approved nearly 24 million payments worth more than $94 billion
https://www.osc.ny.gov/press/releases/2018/12/state-contract-and-payment-actions-octoberState Contract and Payment Actions in June
… Comptroller approved 1,520 contracts for state agencies and public authorities valued at $7.9 billion and approved … Supplemental Nutrition Assistance Program. Department of Transportation $150 million for intercity bus passenger … Development Corporation $300 million to the Metropolitan Transportation Authority for capital projects. $20 million …
https://www.osc.ny.gov/press/releases/2018/07/state-contract-and-payment-actions-juneDiNapoli: Financial Viability of OTBs in Jeopardy
… New York’s Off-Track Betting (OTB) corporations are at risk of financial insolvency due to … to harness tracks. The Comptroller said the decline in OTB revenue has had a notable impact on distributions to …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyState Contract and Payment Actions in July
… and payments is available at www.openbooknewyork.com . Major Contracts Approved Office of Children and Family … Mental Health & Substance Abuse Program. Empire State Development Corporation $4.7 million to Buffalo Bills, Inc. … to MVP Consulting Plus, Inc. $4.6 million to Prismatic Development Corporation for building renovations associated …
https://www.osc.ny.gov/press/releases/2018/08/state-contract-and-payment-actions-julyDiNapoli: Fiscal Stress Remains Low in Villages
… the monitoring system creates an overall fiscal stress score which classifies whether a municipality is in … saw a 51 percentage point increase in its fiscal stress score. Other villages that experienced a 25 percent or more … (three); and Thirteen villages had a decrease in their score of at least 25 percentage points or more in 2014. …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fiscal-stress-remains-low-villagesDiNapoli: Wall Street Bonuses Declined in 2010
… employees declined by nearly 8 percent to $20.8 billion in 2010, about one third less than paid out in 2007 before … 2009 when the industry benefited from federal bailouts and low interest rates. "Cash bonuses are down, but that's not an … for which taxes have been prepaid. The estimate does not include stock options that have not been realized or …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010DiNapoli: Fiscal Stress Down Slightly in Villages
… Fiscal Stress Monitoring System has identified 18 villages in New York in some level of fiscal stress. For 2015, three villages have been classified as in “significant fiscal stress,” four in “moderate fiscal …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesState Contract and Payment Actions in August
… In August, the Office of the State Comptroller approved 1,647 contracts for state agencies and public authorities valued at $2.14 billion and approved … Ciminelli for construction at the University of Buffalo's School of Medicine and Biomedical Sciences. Department of …
https://www.osc.ny.gov/press/releases/2018/10/state-contract-and-payment-actions-augustState Contract and Payment Actions in September
… In September, the Office of the State Comptroller approved … contracts and payments is available at www.openbooknewyork.com . MAJOR CONTRACTS APPROVED Office of Children and Family … marketplace. $4.7 million with Center for Information Management, Inc. for the Uniform Assessment System of New …
https://www.osc.ny.gov/press/releases/2018/11/state-contract-and-payment-actions-septemberState Contract and Payment Actions in March
… policy review. State University of New York Construction Fund $2.3 million to LP Ciminelli for construction of a new …
https://www.osc.ny.gov/press/releases/2018/05/state-contract-and-payment-actions-marchState Contract and Payment Actions in May
… Comptroller approved 1,717 contracts for state agencies and public authorities valued at $12.6 billion and approved nearly 2.2 million payments worth more than $12.3 billion. The office rejected 163 contracts and related transactions valued at $230 million and more than …
https://www.osc.ny.gov/press/releases/2018/06/state-contract-and-payment-actions-mayDiNapoli: 90 School Districts in Fiscal Stress
… the monitoring system creates an overall fiscal stress score which classifies whether a district is in “significant … with the State Education Department, as of Dec. 31, 2014. Today’s announcement does not include scores for the … saw a 65 percentage point increase in its fiscal stress score. Other districts that experienced a 50 percent or more …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressState Contract and Payment Actions in August
… the Finger Lakes Region through the Finger Lakes Venture Fund L.P. $1.6 million to HNTB New York Engineering and …
https://www.osc.ny.gov/press/releases/2019/09/state-contract-and-payment-actions-augustState Contract and Payment Actions in July
… $5.3 million to Tappan Zee Constructors, LLC for the New NY Bridge Project. $3.2 million to the Northeast UAS … corridor for unmanned aircraft systems from Syracuse to Rome. $3 million to Welch Allyn, Inc. to retrofit existing … and Warren counties. Office of General Services $12.5 million for hourly-based IT services, including $2.5 …
https://www.osc.ny.gov/press/releases/2019/08/state-contract-and-payment-actions-julyDiNapoli: Organic Farms Growing in New York
… Sales of organic farm products rose 56 percent statewide from 2008 to 2014 with $164 million … Thomas P. DiNapoli . In 2015, New York’s organic sales rose another 35 percent. "Organic farming is not a fad, but a … … Sales of organic farm products rose 56 percent statewide from 2008 to 2014 with $164 million …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-organic-farms-growing-new-yorkState Contract and Payment Actions in June
… million with The Pike Company to expand and modernize Discovery Lodge at Belleayre Mountain Ski area in Ulster …
https://www.osc.ny.gov/press/releases/2019/07/state-contract-and-payment-actions-june