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DiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… New York collected $149.1 billion in revenue in fiscal year 2014-15, an increase of $11.4 billion, or 8.3 percent, from the prior year, largely because of one-time financial settlements and a … debt service that had originally been planned for SFY 2015-16. Such prepayments change the level of reported …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15DiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… A report released today found more than one of every 100 … Thomas P. DiNapoli. The COVID-19 pandemic caused a significant shift in taxpayer movement, with net … revenue source, with $60 billion in tax liability paid by 10.9 million taxpayers in 2021. Despite the recession of …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli: Local Sales Tax Collections Increase by 3.6% in Third Quarter Over Last Year
… compared to the same period last year, according to a report released today by State Comptroller Thomas P. DiNapoli. This marks the … City that impose their own sales tax instead of receiving a portion of county collections also experienced growth in …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-local-sales-tax-collections-increase-3-point-6-percent-third-quarter-over-last-yearDiNapoli: OTDA Needs to Improve Oversight of Services Provided to Those in Homeless Shelters
… The state Office of Temporary and Disability Assistance (OTDA) needs to improve its oversight of local departments of social services and homeless shelter … in a needs assessment and the development of an Individual Living Plan (ILP), administered by the Local District or a …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-otda-needs-improve-oversight-services-provided-those-homeless-sheltersDiNapoli: Local Sales Tax Collections Grow by 1.5% in April Compared to Last Year
… Local sales tax collections in New York state increased by 1.5% in April compared to the same month in 2022, … DiNapoli said. “April collections were likely affected by a number of factors, including lower gas prices and … are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The next …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-grow-1.5-percent-in-april-compared-last-yearDiNapoli: Employment Among Mothers in NYC Improves, But Unemployment Remains Higher Than Pre-Pandemic Levels
… nation. Prior to the pandemic, nearly 50,000 city mothers preferred part-time work, and this number jumped to nearly … to declines in the share of mothers in the workforce who preferred not to work full-time in the rest of the state …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-employment-among-mothers-nyc-improves-unemployment-remains-higher-pre-pandemic-levelsDiNapoli: State Agency Overtime Costs Grew by 47.2% in 2022, Marking an All-Time High
… rose 47.2% to more than $1.36 billion in 2022, setting a new record, according to a report released today by State Comptroller Thomas P. DiNapoli. Overtime hours …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-agency-overtime-costs-grew-47-point-2-2022-marking-all-time-highNew York’s Balance of Payments in the Federal Budget: Fiscal Year 2020 - Interactive Map
States balance of payments with the federal government in 2020
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-fiscal-year-2020-interactive-mapDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… or $5.1 billion (8.5 percent) less than the previous year. This was the first decline after eight consecutive …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… City is projecting a $3.4 billion surplus for city fiscal year (FY) 2021 because of better-than-projected revenues from … and anticipates $421 million from overestimating its prior year’s expenses. These budget actions are partially offset by … reserves to attain balance in FY 2022. The three-year city funds revenue shortfall for FY 2022 to FY 2024 is …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
… jobs) to 138,000 (see Figure 6). This was the largest one-year decline for the industry in terms of percentage and … worse in 2020, declining by an estimated 21.4 percent to $16.6 billion, the lowest level since 2015. However, unlike … than the State (9.0 percent) and the nation (8.8 percent). 16 The City metropolitan area also had a higher share of …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19DiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… by New York State Comptroller Thomas P. DiNapoli shows the challenges faced by the state’s school districts are as … a complex set of state rules and local needs to determine how to best educate our children and pay for it,” DiNapoli … identifies the regional changes and trends that could impact district budgets now and in the future. It is a useful …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… benefits by failing to report his return to work in the public sector to the New York State and Local Police and Fire …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: ESD Falls Short in Evaluation of Nearly $2 Billion of Economic Development Programs
… program successes and failures, or apply successful strategies to other programs. This creates uncertainty about …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-esd-falls-short-evaluation-nearly-2-billion-economic-development-programsExamples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … Sample City Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended … out (290,000) (211,409) (501,409) (175,003) Change in net assets 4,632,009 (1,412,124) 3,219,885 (758,808) Total …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsDiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… to do more to help state and local governments hit hard by the coronavirus. The full op-ed is below: Washington Must … are confronted with one urgent task: They must come to a bipartisan agreement on the next installment of federal … down by $45.8 million from the previous year, including a drop of $35.9 million in Erie County. Already, the state …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19DiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… times, but food insecurity is an urgent need we can and must address right now. Let’s feed our children, and …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli: Former Oneida City Chamberlain Arrested for Stealing More Than $78,000 in City Funds
… Gabor, and the New York State Police for their work in uncovering this theft.” “The District Attorney’s Office is … Andrews, 77, is charged with allegedly stealing $78,881.55 in tax, water and sewer payments that were made in cash … grand larceny, corrupting the government, falsifying business records and tampering with public records, all …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-former-oneida-city-chamberlain-arrested-stealing-more-78000-city-fundsDiNapoli: Local Sales Tax Collections in August Increase by Nearly 13% Over Last Year
… Local sales tax collections in New York state increased by 12.6% statewide in August compared to the same month in … are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The next … reflect the sales tax impact of the gas tax holiday on a county-by-county basis. Table Monthly Local Sales Tax …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-local-sales-tax-collections-august-increase-nearly-13-percent-over-last-yearDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… Thomas P. DiNapoli today urging New York's leaders to take steps that can help protect and strengthen the … financial plan expectations for state revenues by $5.2 billion through July. New Gov. Kathy Hochul and state … budget gaps for fiscal years 2022 and 2023 and reduced out-year gaps to a combined $3.4 billion. But the financial …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-finances