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Report on the State Fiscal Year 2014-15 Enacted Budget Financial Plan and the Capital Program and Financing Plan, July 2014
New York State ended State Fiscal Year (SFY) 2013-14 in its strongest financial condition since the Great Recession.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-financial-plan-2014-15.pdfAn Economic Snapshot of the Greater Jamaica Area - September 2016
The Greater Jamaica area in Queens fell on hard times during the 1970s, but has been slowly recovering.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2017.pdfDiNapoli Releases Executive Budget Report
… years as revenue growth is expected to slow and billions of dollars in settlement money are spent, according to an analysis of the $154.6 billion Executive Budget released today by … This report, prepared each year following the release of the Executive Budget, provides information to assist in …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… financial plan, released in June, projects a surplus of nearly $4.6 billion in FY 2018, the largest in 10 years. … the FY 2019 budget, resulted mostly from a reallocation of unneeded reserves and higher tax revenues. Tax receipts exceeded the city's forecast at the beginning of FY 2018 by $2.2 billion, driven by higher personal income …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: Brooklyn Economy Sets Records
… Employment grew faster in Brooklyn since the end of the recession than in the rest of … Comptroller Thomas P. DiNapoli. "It’s an exciting time for Brooklyn with record employment, business growth, and a budding tech sector," DiNapoli said. "Brooklyn is also home to world-class cultural and academic …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-brooklyn-economy-sets-recordsDiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills
… was sentenced to five years probation and paid a total of $4,303 in restitution for falsifying her own tax payments … Sheppard based on her August guilty plea to two counts of attempted tampering with public records, an E felony. As part of her plea agreement, Sheppard resigned her clerk’s job and …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-billsOpinion 90-40
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … PUBLIC MEETINGS AND HEARINGS -- Voting Procedure (right of village deputy mayor to vote as deputy and as trustee) … serving as deputy mayor during the absence or inability of the mayor to attend a meeting of the board of trustees may …
https://www.osc.ny.gov/legal-opinions/opinion-90-40DiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State … account for just 6.4% ($7.4 billion) of the city’s FY 2026 operating budget, significantly more federal funding … In addition to the $2.34 billion in prepayments for FY 2026, the city added $2 billion in revenue and reduced …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeTown of Lee – Financial Management (2025M-63)
… Town Board (Board) effectively manage the general and highway fund balances? Audit Period December 31, 2021 – April … being withheld from productive use. The Town’s general and highway funds had a total of $8.3 million in fund balance as … 2024 ($8 million in the general fund and $300,000 in the highway fund). Appropriations in the Town’s 2025 budget …
https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63DiNapoli Releases April State Cash Report
… Executive shortly, should provide information about how recent collections are anticipated to affect the financial …
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
… Comptroller Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With the cost of college on the rise, it’s a great time to consider opening … which can be opened by anyone with a contribution of $25, and 185,866 Advisor Plan accounts, which require a …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: Wall St. Profits on Pace to Beat 2016
… industry profits totaled $12.3 billion in the first half of 2017, one-third higher than the $9.3 billion earned in the … putting Wall St. on pace for a second consecutive year of higher profits, according to a report released today by … is traditionally measured by the pretax profits of the broker/dealer operations of New York Stock Exchange …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016DiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… forward, however, the system needs help from all levels of government to stay solvent and prepare for future … more preventable hospitalizations and lower rates of health care coverage are more likely in low-income communities, where the majority of H+H patients live. These communities were also more likely …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… City is using the federal funds it received in the wake of the COVID-19 pandemic to replace revenue losses and … increase budgetary gaps.” The American Rescue Plan Act of 2021 (ARPA) provided $350 billion in Coronavirus State and … other local governments across the country used the first of two partial payments of these funds, totaling nearly $224 …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… than DOB’s initial forecasts from May 2021, according to the March State Cash Report released today by New York … PTET proceeds are expected by the Division of the Budget to be offset by lower personal income tax (PIT) collections … “The state ended the fiscal year in a good position due to higher than projected receipts and lower than projected …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… losses has left the city with an unemployment rate of 6.5%, 2.8 points higher than the February 2020 level of 3.7%, while the nation’s unemployment rate is only one-tenth of a point above its February 2020 level of … (4 points to reach 6.2% from 2019 to 2021) than those with no college education (7.8 points to reach 12.9%). Young …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceState Fiscal Year 2021-2022 Report on Preschool Special Education
The State Education Department (SED) oversees special education programs in New York State that provide services to students with a disability between the ages of 3 and 21. While most school-age students with a disability in New York receive their educational services from public school ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/seit-annual-report-2021-2022.pdfEnacted Budget Report State Fiscal Year 2023-24
Based upon the most recent Financial Plan released in conjunction with 30-Day Amendments to the Executive Budget, as well as public estimates for revenue actions included in the Enacted Budget, All Funds revenue for SFY 2023-24 is projected to total $223.9 billion.
https://www.osc.ny.gov/files/reports/budget/pdf/enacted-budget-report-2023-24.pdfAdministration and Monitoring of Financial Assistance to New York City Businesses (2021-N-6)
To determine whether the New York City Industrial Development Agency (NYCIDA) has policies and procedures in place to approve, monitor, and measure project performance and whether they were followed. We also determined whether NYCIDA recaptured public benefits in accordance with the project ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-21n6.pdfEnacted Budget Report State Fiscal Year 2024-25
Based upon the most recent Financial Plan released in conjunction with 30-Day Amendments to the Executive Budget, as well as public estimates for revenue actions included in the Enacted Budget, All Funds revenue for SFY 2024-25 is projected to total $227.2 billion.
https://www.osc.ny.gov/files/reports/budget/pdf/enacted-budget-report-2024-25.pdf