Search
DiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… Tax collections for State Fiscal Year (SFY) 2021-22 totaled $121.1 billion — … York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2021-22 were $38.8 billion higher than the previous … than the most recent forecast; $724 million set aside for public employee health insurance costs; $843 million was …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… during the pandemic provided critical financial support to New York City Health and Hospitals (H+H), but reliable … and timely payments from all government sources is needed to keep the largest municipal health system in the country in good fiscal health, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: Wall St. Profits on Pace to Beat 2016
… was up 20 percent. The securities industry added 11,100 jobs in New York City during the past three years, raising … job gains, there were 6 percent (11,900) fewer industry jobs than in 2007. In contrast, industry employment in the … small gain this year. As of Sept. 2017, there were 178,000 jobs in the securities industry in New York City. The amount …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016DiNapoli Releases April State Cash Report
… income tax (PIT) collections, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli. … DiNapoli's office issues a state cash report every month identifying state revenues and spending from the prior month. The cash report focuses primarily on the General Fund and All …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-releases-april-state-cash-reportNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… Program has helped New York students and families pay for more than $287 million in college-related expenses this … time to consider opening a 529 College Savings account for your child,” DiNapoli said. “For just as little as $25, you can begin laying the … Program has helped New York students and families pay for more than $287 million in collegerelated expenses this …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… dollars to shore up its finances and keep vital services going during the pandemic,” DiNapoli said. “As state and … nonprofits, as well as household and worker assistance. Public health services were allocated 16% of the funds, … new programs could create additional spending obligations going forward. If they prove popular, elected officials will …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, largely as a result of stronger tax … Grants. Since budget adoption, the city has updated its FY 2025 projections to include $1.4 billion in higher revenues, … items creates risks to the city’s financial plan. In FY 2025, the city added $3.7 billion to address fiscal needs …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeTown of Lee – Financial Management (2025M-63)
… Audit Area A key measure of a town’s financial condition is its level of fund balance, which represents the difference … accumulated over time. Unrestricted fund balance is the portion of total fund balance that is not restricted for a particular purpose. Maintaining a reasonable level of …
https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63DiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills
… taxes, track other residents’ tax payments, balance the bank account or even deposit cash collections within 24 hours … print and keep detailed reports that can be reconciled to bank deposits; and The clerk deposit all moneys collected … audits and investigations have led to more than 100 arrests and $20 million in money recovered since 2011. Since …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-billsThe 80/20 Housing Program (Follow-Up)
… in our initial audit report, The 80/20 Housing Program ( 2015-S-83 ). Background Homes and Community Renewal is an …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followSignal Maintenance, Inspections, and Testing
… determine if the Metropolitan Transportation Authority’s New York City Transit (NYCT) performed signal maintenance, … To determine if the Metropolitan Transportation Authoritys New York City Transit performed signal maintenance …
https://www.osc.ny.gov/state-agencies/audits/2018/10/17/signal-maintenance-inspections-and-testingSelected Management and Operations Practices (Follow-Up)
… New York (RNY) power program as part of Chapter 60 (part CC) of the Laws of 2011 (Law). RNY power is to be allocated …
https://www.osc.ny.gov/state-agencies/audits/2018/12/11/selected-management-and-operations-practices-followPurchasing Practices at the Linden Plaza Mitchell-Lama Housing Development
… Purpose To determine whether Linden Plaza was procuring goods, supplies, and services at competitive … Housing Company, Inc. and managed by RY Management. It was built in 1971 and has 1,525 apartments. In April 2014, … payments of approximately $33 million; $22.3 million was for services such as mortgage payments, insurance, and …
https://www.osc.ny.gov/state-agencies/audits/2018/09/06/purchasing-practices-linden-plaza-mitchell-lama-housing-developmentMedicaid Program – Managed Care Organizations: Payments to Ineligible Providers
… processes in place to prevent payments to ineligible providers, and whether improper payments were made to ineligible providers. Our audit covered the period January 1, 2012 to … the provision of services their members require. Medicaid providers who violate statutory or regulatory requirements …
https://www.osc.ny.gov/state-agencies/audits/2018/02/26/medicaid-program-managed-care-organizations-payments-ineligible-providersSeized Assets Program (Follow-Up)
… or other items that are suspected of being used to conduct criminal activity, are the proceeds from a criminal activity, or were purchased with the proceeds of a criminal activity. As of October 2017, the Division was …
https://www.osc.ny.gov/state-agencies/audits/2017/11/28/seized-assets-program-followUnified Court System Bulletin No. UCS-95
… Purpose To notify the Unified Court System of the change in eligibility for payroll … Employees Background At the request of the Unified Court System, OSC will modify Deduction Code 300 to allow … To notify the Unified Court System of the change in eligibility for payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-95-change-eligibility-metlife-whole-life-insurance-certainState Agencies Bulletin No. 1368
… of the maximum contribution limits for employees enrolled in the Deferred Compensation Plan for calendar year 2015. Affected Employees Employees enrolled in the Deferred Compensation Plan Effective Date(s) … “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1368-deferred-compensation-maximum-contribution-limits-calendar-year-2015CUNY Bulletin No. CU-309
… State Deferred Compensation Plan. Background The Board of Trustees of the City University of New York has approved the participation of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-309-cuny-employees-eligible-participate-new-york-state-deferredState Agencies Bulletin No. 1291
… of the maximum contribution limits for employees enrolled in the Deferred Compensation Plan for calendar year 2014. Affected Employees Employees enrolled in the Deferred Compensation Plan Effective Date(s) … “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1291-deferred-compensation-maximum-contribution-limits-calendar-year-2014Outstanding Violations (Follow-Up)
… effective systems in place to ensure hazardous violations were resolved quickly. As a result, some Class 1 violations remained open for as long as six months before the Department followed up …
https://www.osc.ny.gov/state-agencies/audits/2014/10/15/outstanding-violations-follow