Search
DiNapoli: State Pension Fund Valued at $297.8 Billion at End of Third Quarter
… to grow over the third quarter,” DiNapoli said. “Drops in the stock market, inflation, slower job growth and broader … Dec. 31, 2025, the Fund had 40.0% of its assets invested in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (23.3%), private equity …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-state-pension-fund-valued-297-point-8-billion-end-third-quarterMWBE Report 2019-2020 Fiscal Year
Due to the disruption in the market as a result of the global pandemic caused by COVID-19, the value of the Fund as a whole has been impacted.
https://www.osc.ny.gov/files/reports/special-topics/pdf/mwbe-fiscal-2019-20.pdfDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… New York City projects a surplus of $3.7 billion in fiscal year (FY) 2017, but faces the risk of losing substantial federal funding in the years ahead with … New York City projects a surplus of $37 billion in fiscal year FY 2017 but faces the risk of losing substantial federal funding in the years …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli: New York's Public and Private Colleges and Universities Face Significant Challenges in Years Ahead
… education sector is facing, including a looming enrollment cliff, growing costs of attendance, and rising student debt. … their students.” Falling Enrollment and Looming Enrollment Cliff In large part due to demographic changes, attracting … precipitous drop beginning in 2025 – a looming “enrollment cliff.” The impact of enrollment declines over the last …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-new-yorks-public-and-private-colleges-and-universities-face-significant-challenges-yearsTransforming the Procurement Function
… with the MTA Board-approved Transformation Plan, resulting in improved service levels for the customer, process … 2023, the MTA reported a total of 70,000 employees. In April 2019, New York State enacted Section 1279-e(1)(a) of … of the Transformation effort would be front-loaded in the initial 6–9 months, with some aspects completed over …
https://www.osc.ny.gov/state-agencies/audits/2024/12/26/transforming-procurement-functionDiNapoli: Wall St. Profits Soared in First Half of 2020
… Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its … reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last year, according to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020State Agencies Bulletin No. 1944
… are the Agency Representative and the Agency Vehicle Coordinator. The Agency Representative is the person, … Blue Book Value, should be provided by the Agency Vehicle Coordinator(s). This is the person(s) in the agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1944-procedures-reporting-taxable-value-personal-use-employer-providedState Agencies Bulletin No. 1269
… and compliant with IRS regulation) and the Agency Vehicle Coordinator. The following information about the vehicle …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1269-new-earnings-code-and-procedures-reporting-taxable-value-personal-useNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… the previous year, but the average bonus paid to industry employees in New York City declined by almost 17 percent to … an annual estimate of bonuses paid to securities industry employees who work in New York City during the traditional bonus season. Bonuses paid by firms to their employees located outside of New York City (whether in …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The COVID-19 … with net out-migration quadrupling in 2020 compared to the prior year. While declining in 2021, the net number of … in 2020,” DiNapoli said. “While patterns shifted closer to pre-pandemic trends in 2021, net out-migration rates …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli: Independent Review Finds State Pension Fund Operates at Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the $291.4 billion New … Fund (Fund) recognized the Fund for its exemplary investment oversight, risk management, and ethical governance. Released today by State Comptroller … An independent fiduciary and conflict of interest review of the $2914 billion New York …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-independent-review-finds-state-pension-fund-operates-highest-ethical-and-professionalSelected Controls Over the Property Tax Assessment Process
… approximately 1.05 million properties each year. Property in New York City is divided into four different classes, each … available income information from small rental buildings in the area that file an RPIE using the Gross Income … co-ops and condos, assessors can select comps contained in CAMA. Once CAMA determines the MVs, the values are then …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processNYS Comptroller DiNapoli: Wall Street's 2020 Bonuses Rose Amid Volatility
… from prior years that have been cashed in. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2021/03/nys-comptroller-dinapoli-wall-streets-2020-bonuses-rose-amid-volatilityDiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… the forecast released by the Division of the Budget (DOB) in the Amended Executive Budget financial plan at the … The year over year decline was primarily due to a decline in Personal Income Tax (PIT) receipts resulting from a variety of factors including: a decline in year-end bonuses in the financial services industry, …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearTown of Catskill – Internal Controls Over Selected Financial Operations (2014M-165)
… written policies and procedures for cash receipts for the senior center or the Receiver of Taxes. The Board did not … of our audit period as a result of duplicate payments. The senior center had no formal methodology for determining the …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-catskill-internal-controls-over-selected-financial-operations-2014m-165Staten Island: Economic Development and the State of the Borough Economy - March 2005
Staten Island’s economy is service-oriented and primarily addresses local market needs rather than serving customers outside the region.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-14-2005.pdfDiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… the last 20 years, New York City has had to recover from a terrorist attack, a recession fueled by a stock market … We still don’t know the shape of the economic recovery and what it holds for the city’s quality of life, economic … the city a chance to avoid repeating this fate. What happens next, however, will require the same budgetary …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadApproved State Contracts and Payments
… In November, the Office of the State Comptroller approved … $993,000 with GTI Tourism to market New York tourism in Australia. Department of Environmental Conservation $2.5 … Bronx Expressway High Bridge Interchange replacements in New York City. $134.1 million with Yonkers Contracting Co …
https://www.osc.ny.gov/press/releases/2018/01/approved-state-contracts-and-paymentsDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… performed well over the past year despite the challenges in the market,” DiNapoli said. “We achieved a solid return on investments in the midst of global volatility thanks to our talented … The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… 4.51%. “The equity markets had some difficult times in 2022, but the Fund posted positive results for the … quarter,” DiNapoli said. “Market volatility may persist in 2023, but the Fund remains well-diversified and built to … As of Dec. 31, the Fund had 43.49% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarter