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NYS Common Retirement Fund Announces Third Quarter Results
… of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. 31, 2015, according to … and provide sustainable returns and retirement security for generations to come.” The Fund's estimated value … quarter of the Funds 20152016 fiscal year was 288 percent for the threemonth period ending Dec 31 2015 according to New …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli Releases July State Cash Report
… State income tax collections increased $88.2 million in July from a year earlier, helping lift the state’s total tax collections slightly above updated projections this month, according to the state cash report issued today … Comptroller Thomas P. DiNapoli. "July was the first month in this fiscal year that personal income tax collections …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… increase in spending in the $220.5 billion enacted state budget for State Fiscal Year (SFY) 2022-23, according to an … resources more vulnerable to misuse. “This year’s state budget follows two years of unprecedented economic … reserves.” DiNapoli’s review is based upon the enacted budget bills, preliminary estimates for SFY 2022-23 from the …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetSummit Security Services, Inc. (Summit)
… Under the contract, OGS paid Summit nearly $2.8 million for security guard and fire safety director services provided … State Office Building; and the James A. Farley Building in New York City during the period January 1, 2017 through … to pass background and criminal history checks. This consists of seven individuals who provided services for …
https://www.osc.ny.gov/state-agencies/audits/2020/08/03/summit-security-services-inc-summitComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… General Eric T. Schneiderman today announced the arrests of three contractors for conspiring to defraud the state of over $200,000 by submitting false invoices over a two year … bills to the state in an effort to defraud the taxpayers of over $200,000,” DiNapoli said. ”My office will continue to …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraudDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… 2016 surplus stems largely from unanticipated growth in tax revenues, debt service and agency savings, and a drawdown of reserves not needed in the current year. DiNapoli’s report, however, points to … the city to be concerned going forward. Economic growth in China has slowed, and the U.S. economy’s growth slowed to …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… reallocation of unused federal pandemic relief funds and savings initiatives, according to a report released today by … needs, the city may have to build on its recent cost-savings efforts. Much of the savings in FY 2024 and on a recurring basis are associated …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… and $4.4 billion lower than projections in the Division of the Budget’s (DOB) 2024 Updated Executive Budget Financial … declines include a forecasted reduction in tax receipts of $3.5 billion, or 3.2%. This follows a decrease in tax revenues of 7.8% in SFY 2022-23. Lower collections were primarily …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… but the city will have to overcome major fiscal challenges in the years ahead as it recovers from the COVID-19 pandemic, … have certainly been strained by the pandemic, but strength in the securities industry and other sectors have boosted … DiNapoli said. “However, the city has seen a steep decline in property values and that may take years to recover from. …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… day reserve funds on or ahead of the schedule proposed in the Financial Plan.” Personal income tax (PIT) receipts … PIT receipts were $6.9 billion lower than the same period in SFY 2021-22. This reflects two fewer collection days from … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli: State Tax Receipts Outpaced Projections Through December
… State tax receipts totaled $79.9 billion through the first three quarters of State Fiscal Year (SFY) 2024-25, $1.2 billion higher than estimates released in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget … State tax receipts totaled $799 billion through the first three quarters of State Fiscal Year SFY 202425 $12 …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberDiNapoli Releases Analysis of Federal Funding for New York City
… Year (FY) 2026 operating budget relies on $7.4 billion in federal government funding, accounting for 6.4% of total spending, according to a series of briefs … could jeopardize at least $535 million of federal aid in FY 2025 and FY 2026, but notes that nearly all federal …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-citySelected Publications and Reports
… Monitoring System - School Districts: School Year 2023-24 Results Fiscal Stress Monitoring System - Municipalities: Fiscal Year 2023 Results Fiscal Stress Monitoring System - School Districts: School Year 2022-23 Results Fiscal Stress Monitoring System - Municipalities: …
https://www.osc.ny.gov/local-government/fiscal-monitoring/selected-publications-and-reportsState Agencies Bulletin No. 1086
… Employees Association (CSEA) and provides for 5 and 10 year* Longevity Lump Sum payments effective October 2011. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1086-october-2011-civil-service-employees-association-csea-longevity-lumpDiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… co-ops to discuss how we can ensure residents have the best quality of life possible and explore the role government …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesMotor Vehicle Financial Security and Safety Responsibility Acts: Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7), 90-Day Response
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7-response_0.pdfAssessment of Costs to Administer the Workers’ Compensation Program for the Fiscal Year Ended March 31, 2014 (2015-S-12) 90-Day Response
To determine whether the Workers’ Compensation Board (Board) has adequate procedures in place to accurately report ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2017-15s12-response.pdfDiNapoli Releases Analysis of Revised Executive Budget
… next year’s state budget, they are negotiating under the threat of slower economic growth, volatile financial markets …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetDiNapoli Releases Analysis of Enacted State Budget
… allocation for the State and Municipal Facilities Program (SAM). With the majority of previous SAM appropriations unspent, the need for additional … is a $398.5 million increase in borrowing authority for SAM. The budget decouples provisions in the state's tax code …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-analysis-enacted-state-budgetDiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… Local sales tax collections in New York state totaled more than $5.5 billion in the second quarter of 2022 (April-June), an increase of … continue to show positive results, but the lower growth in June bears watching,” DiNapoli said. “The slowdown … Local sales tax collections in New York state totaled more than $55 billion in the second …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022