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DiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections

… billion, exceeding prior year collections by $15.7 billion or 28.5%. PIT collections exceeded February Financial Plan … billion, exceeding the prior year total by $3.5 billion or 21.7%. Collections were $363.3 million higher than the … the PTET, annual growth would have been $2.5 billion or 28.5%. Total business tax collections exceeded the latest …

https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projections

DiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care

… provided critical financial support to New York City Health and Hospitals (H+H), but reliable funding and timely payments … provided critical financial support to New York City Health and Hospitals but reliable funding and timely payments from …

https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-care

DiNapoli: Wall St. Profits on Pace to Beat 2016

… Securities industry profits totaled $12.3 billion in the first half of … everyday Americans and the broader economy in harm's way." Industry performance is traditionally measured by the pretax … from wealth management was up 20 percent. The securities industry added 11,100 jobs in New York City during the past …

https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016

DiNapoli Releases April State Cash Report

… Thomas P. DiNapoli. "The fiscal year is off to a rocky start. Tax collections for the first month of the …

https://www.osc.ny.gov/press/releases/2017/05/dinapoli-releases-april-state-cash-report

New York's 529 College Savings Program Delivers $287 Million to College Students Since January

… since 1997. The program is overseen by DiNapoli’s office and the New York State Higher Education Services … board for students enrolled at least half time, books and supplies. There are more than 911,000 college savings …

https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-january

DiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery

… avoid spending choices that increase budgetary gaps.” The American Rescue Plan Act of 2021 (ARPA) provided $350 billion … As noted in the Biden Administration’s May 2022 American Rescue Plan Equity Report, the prior COVID-19 relief …

https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recovery

DiNapoli: As NYC Budget Stabilizes, New Risks Emerge

… in the cost of providing services to asylum seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State … million for new agency needs in FY 2026, suggesting it will again have to identify additional resources to fund …

https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emerge

Town of Lee – Financial Management (2025M-63)

… [read complete report – pdf] Audit Objective Did the Town of Lee (Town) Town Board (Board) effectively manage the … April 25, 2025 Understanding the Audit Area A key measure of a town’s financial condition is its level of fund balance, which represents the difference between …

https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63

DiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills

… found that the Town Board failed to oversee the clerk’s operation by conducting annual audits. Sheppard, meanwhile, … Their response is included in the final audit report, which can be viewed here: … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …

https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-bills

Multiyear Planning

In this session, local officials will learn the importance of adopting a thorough multiyear financial plan and a multiyear capital plan.

https://www.osc.ny.gov/files/local-government/academy/pdf/multiyear-planning-060524.pdf

Notice to Town and Village Justices

In May 2024, the Justice Court Fund expects to transition justices to a new platform to file their monthly reports.

https://www.osc.ny.gov/files/local-government/required-reporting/pdf/2023-jcr-flyer.pdf

Town of Marathon – Town Clerk (2022M-143)

Determine whether the Town of Marathon (Town) Clerk recorded, deposited, remitted and reported collections in a timely and accurate manner.

https://www.osc.ny.gov/files/local-government/audits/2022/pdf/marathon-town-2022-143.pdf

Fare Evasion (Follow-Up) (2022-F-23)

To determine the extent of implementation of the 19 recommendations included in our initial audit report, Fare Evasion (2019-S-7).

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f23.pdf

Fare Evasion (Follow-Up) (2022-F-23) 30-Day Response

To determine the extent of implementation of the 19 recommendations included in our initial audit report, Fare Evasion (2019-S-7).

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f23-response.pdf

Improper Payments of Medicare Buy-In Premiums for Ineligible Recipients (2020-S-35)

To determine if Medicaid made improper Medicare premium payments on behalf of recipients enrolled in the Medicare buy-in program.

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s35.pdf

Owego-Apalachin Central School District – Special Education Services and Medicaid Reimbursements (2020M-21)

Determine whether District officials effectively managed special education services by ensuring students received services in accordance with their individual e

https://www.osc.ny.gov/files/local-government/audits/pdf/owego-apalachin-2020-21.pdf