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DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… is strong, but job growth and tax collections in the near future are unlikely to be as robust as they have been in … the size of the out-year budget gaps. To his credit, Mayor de Blasio has prudently maintained the city’s reserves at …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… $935 million, an increase of 5%. Nearly all (54 out of 57) counties experienced some year-over-year increase. Lewis …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… at least $2 billion in each of fiscal years 2024 through 2026 and about $4 billion in FY 2027. Still, the city … budget gaps of $4.2 billion in FY 2025, $5.9 billion in FY 2026 and nearly $7 billion in FY 2027. As a share of city …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… for the three-month period totaled nearly $5.2 billion, with growth at least partially driven by inflation, which hit … governments are collecting more, they are also dealing with some of the same increased costs that consumers and private businesses are,” DiNapoli said. “With prices rising, we’re watching closely to see what impact …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… Local sales tax collections in May increased by 57.8 percent over the … of last year. “For the second straight month, local sales tax collections had a tremendous boost. Strong collections in … distributions against what had been reported by sales tax vendors for the reporting quarter and adjusts payments to …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayDiNapoli: Tax Revenues Through December Were $2.5 Billion Lower Than Last Year
… State tax receipts through the first nine months of the state fiscal year were $2.5 billion lower than last year, but were $1.8 … State tax receipts through the first nine months of the state fiscal year were $25 billion lower than last …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-tax-revenues-through-december-were-25-billion-lower-last-yearDiNapoli: April Local Sales Tax Collections Up Nearly 46 Percent From 2020
… continue to be vigilant when it comes to their finances.” Much of this spike in monthly statewide local sales taxes … by Region (for detailed monthly breakdown) Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-april-local-sales-tax-collections-nearly-46-percent-2020DiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August 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 today. Statewide, …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli and Heather Briccetti Mulligan Op-Ed: NY's Tax Base Dips with Population
… tax base dips with population For several years leading up to the COVID pandemic, New York State was experiencing … of keeping New York an attractive and affordable place to live and do business. Between July 2020 and July 2023, New … (SIFMA), and the New York Bankers Association (NYBA) to produce a report that showed outmigration has also …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-and-heather-briccetti-mulligan-op-ed-nys-tax-base-dips-populationState Police Bulletin No. SP-180
… Leave With Pay or Leave of Absence with an Action/Reason code of Leave of Absence/MLS (Mil Stip), Leave of Absence/MTS … eligibility criteria on 04/06/2017 as follows: Earnings Code: MTA Eligibility Date: 04/06/2017 Annual Addl Earnings: … the exception of the following: Code Narrative 410 Health Care Spending Account 420 NY Dependent Care Contribution 425 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-180-2017-maintenance-allowance-mta-increaseDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… Financial Plan projects healthy growth in tax receipts and federal aid for the current fiscal year, but raises concerns about long-term balance, increasing debt and the impacts of federal policies, according to a report … continues to expand, gains in jobs, personal income and wages are projected to slow,” DiNapoli said. “The Enacted …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansState Agencies Bulletin No. 332
… inform agencies that they now have access to other query tables in QRY1 Affected Employees Agency users who create or run queries Effective Date 08/19/2002 Parent Tables with the Added Tables in QRY1 Users must have access to the parent table in … To inform agencies that they now have access to other query tables in QRY1 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/332-query-access-additional-tablesAccounts Payable Advisory No. 71
… OSC and SFS will provide a class on this topic at the Fall Conference on October 26, 2021. Please refer to the Guide to …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/71-processing-payments-subject-federal-reportingDiNapoli Releases May State Cash Report
… from the prior month. The cash report focuses primarily on the General Fund and All Governmental Funds. The General … and other fiscal issues. These are easily accessible on his transparency website called Open Book New York ( …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-releases-may-state-cash-reportOpinion 99-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … -- Defense and Indemnification (indemnification of custodial bank) MUNICIPAL CORPORATIONS -- Powers and … Concerning the propriety of an indemnification provision in a proposed custodial …
https://www.osc.ny.gov/legal-opinions/opinion-99-16Opinion 95-28
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Deposits and Investments (in obligation issued by a financial institution and secured … LOCAL LAWS -- Municipal Funds (authorizing investment in vehicle not listed in General Municipal Law, §11) -- …
https://www.osc.ny.gov/legal-opinions/opinion-95-28City of Yonkers – Budget Review (B6-15-15)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant … 2015-16 fiscal year are reasonable. Background The City of Yonkers is authorized to issue debt totaling $45 million … City of Yonkers Budget Review B61515 …
https://www.osc.ny.gov/local-government/audits/city/2015/05/15/city-yonkers-budget-review-b6-15-15State Agencies Bulletin No. 767
… Agency Actions Control-D Report TAX113 , available on November 30, 2007, identifies employees in each agency who … claim Earned Income Credit. The employees appearing on this report must have their Federal tax records changed if … does not receive a new Form W-5 for an employee identified on this Control-D report by December 20, 2007 (Institution) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/767-advance-payment-earned-income-creditNew York One of Only Seven States to Owe Money to Federal Unemployment Trust Fund
… Trust Fund (UTF), New York is one of only seven states or territories with unemployment insurance (UI) funds that are in debt to the federal government, and the $8.1 billion owed in the outstanding loan … claims, necessitating continued borrowing from the federal government beginning in May 2020. If New York’s outstanding …
https://www.osc.ny.gov/press/releases/2022/06/new-york-one-only-seven-states-owe-money-federal-unemployment-trust-fundState Agencies Bulletin No. 1946
… of this bulletin is to request verification of the agency address to be displayed on Employee Form W-2 for Tax Year … Agency Actions Agencies must verify the agency return address for all Department ID(s) associated with their agency … should indicate " Agency Return Address " in the Subject line, the five (5) digit Department ID , correct agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1946-verification-agency-return-address-employee-form-w-2-wage-and-tax