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DiNapoli: State Tax Revenues $3 Billion Below Last Year
… $7.8 billion, or 12.2 percent, lower than last year. This is primarily due to higher federal reimbursement for Medicaid … higher than last year at the same time. The higher balance is driven partly by receipts from short-term borrowing that … $1 billion of that borrowing; the remaining $3.4 billion is due by March. November Cash Report Find out how your …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-state-tax-revenues-3-billion-below-last-yearDiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies
… financial information for the effective management and fiscal oversight of city operations because officials failed to file annual financial reports, provide interim financial reports and issue audited statements. In addition, they did not have … financial information for the effective management and fiscal oversight of city operations because officials …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-mount-vernon-officials-failed-establish-basic-and-routine-financial-policiesXII.5.G Entering the Appropriate Obligation and Accounting Dates on Vouchers – XII. Expenditures
… Examples for determining the Obligation Date for different payment types are shown in the table below: If the payment is for: Then the obligation date is the: Merchandise … Accounting Dates. Guide to Financial Operations REV. 3/4/2021 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5g-entering-appropriate-obligation-and-accounting-dates-vouchersDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… Local sales tax collections in May increased by 57.8 percent over the same month in 2020, the highest one month increase in recent history, State Comptroller Thomas P. DiNapoli … Local sales tax collections in May increased by 578 percent over the same month in 2020 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… further improvement in both income and corporate taxes, while revising sales taxes downward and keeping property … to long-term initiatives that allow for recurring savings while addressing collective bargaining agreements, which will …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetDiNapoli: State Tax Revenues $2 Billion Lower Than Last Fiscal Year
State tax receipts cumulatively through January of State Fiscal Year 202021 are nearly $2 billion lower than last year according to the monthly State Cash Report released by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-state-tax-revenues-2-billion-lower-last-fiscal-yearDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the … DiNapoli said. “While these resources will be helpful in the state’s ongoing recovery effort, it is important to … and think long-term, as challenges remain.” Tax revenues in the month of February totaled $7 billion, $1.8 billion …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli Releases Bond Calendar for Third Quarter
… which is for new money purposes. The anticipated sales in the third quarter compare to past planned sales of $2.45 … is released by the committee to assist participants in the municipal bond market. It is contingent upon execution … spending, the state's 180,000 contracts, billions in state payments and public authority data. Visit the …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-releases-bond-calendar-third-quarterDiNapoli Releases Bond Calendar for Fourth Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public … and reofferings as follows: $6.16 billion scheduled for October, of which $4.91 billion is for new money and … Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state New York City and …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-releases-bond-calendar-fourth-quarterDiNapoli: New York's March 31 Cash Standing Above Projections, but Faces Significant Shortfall in Weeks
… According to a report released today by State Comptroller Thomas P. DiNapoli, New York closed out … borrowing. The states and local governments most affected by this health and economic disaster require significantly … which was planned in the Executive Budget and praised by DiNapoli as a prudent step. Tax receipts through March …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-new-yorks-march-31-cash-standing-above-projections-faces-significant-shortfall-weeksDiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… Sales tax revenue for local governments in July fell 8.2 percent compared to the same period last … Thomas P. DiNapoli. Collections for counties and cities in July totaled $1.3 billion, or $116 million less than in July 2019. Although revenue is still down compared to July …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyDiNapoli Releases Bond Calendar for Third Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public … billion of refundings as follows: $4.71 billion scheduled for July, of which $3.48 billion is for new money and $1.32 … Comptroller DiNapoli announced a tentative schedule for the planned bond sales for the state NYC and their public …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-releases-bond-calendar-third-quarterDiNapoli: Local Sales Tax Collections Growth Accelerates in 3rd Quarter
… Third quarter local sales tax collections in New York state totaled $4.8 billion, an increase of 6.3 … be a contributing factor, along with the continued rise in consumer spending and wages.” Overall, year-to-date … of 4.3 percent. Year-to-date sales tax collections grew in 51 of 57 counties, a marked improvement over the growth …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-sales-tax-collections-growth-accelerates-3rd-quarterDiNapoli: Local Governments Levy $36.6 Billion in Property Taxes
… governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over … today by State Comptroller Thomas P. DiNapoli. Annual property tax levy increases have slowed significantly since … said. "Overall, municipalities have generally held property tax levy growth to below 2 percent for the last few …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-governments-levy-366-billion-property-taxesAccounts Payable Advisory No. 34
… Land Claims ** 58403 * Prompt Contracting Interest 60200 * Settlement Interest General State Charges- Claims, Awards, Judgments and Settlement Agreements 60311 Interest - Grants to Others … Section 6.U - Payments Pursuant to Awards and Non-Judicial Settlement Agreements There is no longer a Withholding Class …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/34-payment-and-reporting-interestTravel Advisory No. 15
… forms requiring the employee’s signature, including the AC 132-S. Please see below for additional information. AC 132-S Certification Signature: In accordance with GFO Chapter … be required to sign a certification form such as the AC 132-S , Employee Report of Travel Expenses and Claim for …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/15-covid-19-travel-and-expense-temporary-exceptionsContract Advisory No. 21
Updating and PreEncumbering Contracts Converted During the EE1 Upgrade to SFS 92 and Correcting OffContract Payments
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/21-reminder-update-and-pre-encumber-contracts-converted-during-ee1-october-2015Operational Advisory No. 27
… Subject: Accounting Date Policy Change Confirmation Reference: Guide to Financial … be changing the policy regarding the use of Accounting Date in the Statewide Financial System (SFS). This notice … issued on December 1, 2016. The definition of Accounting Date, as defined in the Guide to Financial Operations (GFO), …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/27-accounting-date-policy-change-confirmationDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… President Ruben Diaz Jr. will help raise awareness about unclaimed funds across the borough. It’s your money, come and get it. … Bronx residents to make the effort to track down their unclaimed money from the more than $244 million in unclaimed …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal … continue to provide retirement security for the pension fund's more than one million members, retirees and … The New York State Common Retirement Funds Fund overall return in the third quarter of the state fiscal …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-results