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DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… for example, tax collections exceeded the city’s initial forecast by more than $3 billion. While the amount of … have been weaker than expected, and the city lowered its forecast by $127 million. Although job growth is slowing, it … billion. Read the report , or go to: http://www.osc.state.ny.us/osdc/rpt9-2017.pdf For access to state and local …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: Tax Revenues Through December Were $2.5 Billion Lower Than Last Year
… million, or 12.7 percent, above December 2019, due in part to an additional day of withholding in 2020. Sales tax …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-tax-revenues-through-december-were-25-billion-lower-last-yearDiNapoli and Heather Briccetti Mulligan Op-Ed: NY's Tax Base Dips with Population
… the financial sector . New York State’s finance and insurance sector makes up 5% of the state’s employment, yet … or 16% of the 2022 total. The average earnings for these jobs are three times higher than the statewide average for … elsewhere in the economy. Job growth across finance and insurance subsectors has been stronger nationally than in New …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-and-heather-briccetti-mulligan-op-ed-nys-tax-base-dips-populationDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… were 15.5% higher than they were during the same period in 2020, making it the fifth consecutive month that collections exceeded 2020 results, State Comptroller Thomas P. DiNapoli announced … to the fairly weak collections reported during August 2020 when sales activity was recovering in certain parts of …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Thomas P. DiNapoli announced today. Collections for all localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the trend that began … 2020. Nearly every county saw year-over-year collections for October grow by double digits, with Monroe County having …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… collections grew by 21.1%, or $901 million, in the first quarter of 2022 compared to the same period last year, … recovery.” New York City’s collections in the first quarter grew by 28.5% compared to the same period last year … and exceeded pre-pandemic levels for the second straight quarter after remaining below pre-pandemic levels for most of …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: April Local Sales Tax Collections Up Nearly 46 Percent From 2020
… Local government sales tax collections in April grew by 45.7 percent over the same month in 2020, State Comptroller Thomas … quarterly distributions against what had been reported by sales tax vendors for the reporting quarter, and adjusts … Local government sales tax collections in April grew by 457 percent over the …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-april-local-sales-tax-collections-nearly-46-percent-2020DiNapoli: 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 … Local sales tax collections in May increased by 578 percent over the same month in 2020 the highest one month increase in recent …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayDiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… fiscal years 2024 through 2026 and about $4 billion in FY 2027. Still, the city projects budget gaps of $4.2 billion in … 2025, $5.9 billion in FY 2026 and nearly $7 billion in FY 2027. As a share of city fund revenues, these out-year gaps … city has set aside an additional $16 billion through FY 2027 for these costs, which increased out-year gaps but also …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… than some local officials anticipated after two years of more robust growth, making careful cash flow monitoring … York City’s collections totaled $777 million, an increase of 0.2%, or $1.4 million. County and city collections in the rest of the state totaled $935 million, an increase of 5%. Nearly …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Contribute to a NY 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes
… DiNapoli today reminded New Yorkers that contributions to a New York State 529 College Savings Program account are tax … parents save for college. Contributions made by Dec. 31 can provide up to $10,000 in state tax deductions on 2016 … and tax deductions for parents and loved ones who want to get a head start on saving for college. It’s never too early …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-contribute-ny-529-college-savings-account-and-deduct-10000-your-state-taxesState Agencies Bulletin No. 2158
… this bulletin is to request verification of the agency’s address to be displayed on Employee Form W-2 for Tax Year … Actions: OSC will update PayServ with the agency name and address provided. Agency Actions: Agencies must verify the agency return address for all Department ID(s) associated with their agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2158-verification-agency-return-address-employee-form-w-2-wage-and-taxState Agencies Bulletin No. 2362
… address is not correct, agencies must email Payroll@osc.ny.gov providing the correct address prior to November 17, … may be directed to the Payroll mailbox (payroll@osc.ny.gov). …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2362-verification-agency-return-address-employee-form-w-2-wage-and-taxState Agencies Bulletin No. 1614
… (NRAs) Affected Employees Non-Resident Aliens (NRAs) working in the U.S who have income subject to withholding … Agencies should continue to select the same Earnings Codes using PayServ Income Codes, along with the corresponding Income Code Description. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1614-change-non-resident-alien-nra-income-codes-payservState Agencies Bulletin No. 2267
… this bulletin is to request verification of the agency’s address to be displayed on Employee Form W-2 for Tax Year … Actions: OSC will update PayServ with the agency name and address provided. Agency Actions: Agencies must verify the agency return address for all Department ID(s) associated with their agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2267-verification-agency-return-address-employee-form-w-2-wage-and-taxTown of DePeyster – Town Clerk Operation-Tax Collection (2015M-91)
… 1, 2013 through November 4, 2014. Background The Town of De Peyster is located in St. Lawrence County and has a …
https://www.osc.ny.gov/local-government/audits/town/2015/10/26/town-depeyster-town-clerk-operation-tax-collection-2015m-91State Agencies Bulletin No. 872
… for checking the Retirement Plan checkbox in Box 13 of the Form W-2 Wage and Tax Statement. Background In accordance … Retirement Arrangements (IRAs),” and Instructions for Form W-2, the Retirement Plan checkbox in Box 13 of the Form W-2 must be checked for all employees who are eligible …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/872-change-process-retirement-plan-checkbox-form-w-2State Agencies Bulletin No. 2057
… Purpose The purpose of this bulletin is to request verification of the agency’s address to be … Form W-2 for Tax Year 2022. Effective Dates This bulletin is effective immediately. OSC Actions OSC will update PayServ … NPAY529 (Agency’s Address Listing). If the agency address is correct, no further action is needed. If the agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2057-verification-agency-return-address-employee-form-w-2-wage-and-taxOversight of New York State Forest Tax Programs (Follow-Up) (2023-F-18)
To determine the extent of implementation of the two recommendations included in our initial audit report, Oversight of New York State Forest Tax Programs.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23f18.pdfUnderstanding Local Government Sales Tax in New York State - 2020 Update
This report is an update to the Office of the State Comptroller’s March 2015 publication on local government sales taxes in New York State.
https://www.osc.ny.gov/files/local-government/publications/pdf/understanding-local-government-sales-tax-in-nys-2020-update.pdf