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DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Local sales tax collections in New York grew by 12.9% in October compared to a year ago, State Comptroller Thomas … October 2020. This growth continues the trend that began in April of monthly sales tax collections exceeding last …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020Opinion 91-40
… municipal officer or employee is entitled to compensation for time spent on ordered military duty for the greater of 30 calendar days or 22 working days. Thus, … military duty until the employee has been on such duty for 22 working days. Conversely, if the employee's first 30 …
https://www.osc.ny.gov/legal-opinions/opinion-91-40DiNapoli Halts $24 Million in Suspicious Tax Refunds
… 7,482 improper filings –an 18 percent rise from last year. To date, DiNapoli's office audited and approved 4.8 … January 1, 2013 through December 31, 2013. During that year, DiNapoli’s auditors stopped 12,746 questionable refunds totaling over $93.3 million. Of …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsComptroller's Oversight of State Contracts
… and/or protest procurements. Tools and Dashboards Search All Contracts Search over 260,000 contracts that State agencies have with … Comptroller’s review and approval and those that are not. Search Contracts View Breakdown of Contracts by …
https://www.osc.ny.gov/state-agencies/contracts/oversightAnnual Update: Metropolitan Transportation Authority’s Debt Profile
The Metropolitan Transportation Authority’s (MTA) finances brightened last year when the State provided a substantial, recurring funding solution to help it balance its operating budget as federal relief funds are exhausted.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2025.pdfEco News - April 2024
Over the last year, my office has conducted audits of the State’s air quality monitoring, the MTA’s preparedness for extreme weather events, the security of our water supply and more.
https://www.osc.ny.gov/files/press/pdf/eco-newsletter-2024.pdfPublic Authorities by the Numbers, December 2022
The scale of authority operations is enormous, with more than 1,000 State and local entities spending more than $78 billion per year, employing more than 166,000 full- and part-time staff.
https://www.osc.ny.gov/files/reports/special-topics/pdf/public-authorities-2022.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.pdfMotor 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.pdfDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… as well as other budget management actions; Spending on Capital Projects Decreasing: Capital spending is … are necessary to avoid exceeding the statutory limit on outstanding debt. Actual capital spending in SFY 2017-18 …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall estimated value in the first quarter of … Year 2018-2019 was $209.2 billion, based on a 1.53 percent investment return over the three-month period ending June 30, …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record levels in the prior year to $180,420 even though … an estimate State Comptroller Thomas P. DiNapoli released today. “The securities industry rewarded employees who … $11 billion in 2007, which is less than one fifth of the $60 billion record set in 2006. Employee compensation, which …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordNYS Common Retirement Fund Announces Third Quarter Results
… return in the third quarter of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. … value is determined by an audit at the end of its fiscal year. About the New York State Common Retirement Fund The New … managed and best funded plans in the nation. Its fiscal year ends March 31, 2016. … The New York State Common …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Special Education Contractor Convicted for $2 Million Fraud
… Southern District Preet Bharara, was sentenced today to 24 months incarceration and ordered to pay $2,151,318 in restitution and forfeit another … sentenced today to 24 months incarceration and ordered to pay $2151318 in restitution and forfeit another $1924318 …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-special-education-contractor-convicted-2-million-fraudDiNapoli 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 Plan, the most recent plan available. The decline … consistently pointed out, the state has underfunded its statutory reserve funds for decades. Some progress has been …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetDiNapoli Releases July State Cash Report
… DiNapoli said. "Federal receipts have grown, but that may change depending upon developments in Washington." All Funds receipts totaled $48.6 billion, an increase of $666.9 million or 1.4 percent from a year earlier. All … totaled $23.1 billion through July 31, a decline of $1.1 billion or 4.6 percent from the same period last …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… New York City is projecting a surplus of $3.4 billion for … be used to narrow the gaps. DiNapoli’s report notes that New York City’s financial plan does not reflect the full …
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
… increasing the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting … amid staffing challenges. Significant risks remain in the city’s financial plan, although its recent agreement …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… receipts totaled $79.8 billion through the third quarter of State Fiscal Year (SFY) 2022-23, exceeding the latest projections from the Division of the Budget’s (DOB) Mid-Year Update to the State Financial … through December,” DiNapoli said. “However, concerns of an economic downturn and a cloudy revenue picture continue …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… to $27.7 billion for SFY 2023-24. Other notable spending increases in SFY 2022-23 are intended to address impacts of … billion in personal income taxes in SFY 2021-22. The rate increases will sunset in 2023 and 2027, respectively. All …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budget