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New York’s Paid Family Leave Program
… PFL. Benefit payments are funded by employees through payroll deductions that employers use to pay for premiums on … rate every year as a percentage of employee wages. For 2023, the deduction rate is 0.455 percent of employee wages … 10 Employers are responsible for collecting employee payroll contributions, providing a waiver to employees who …
https://www.osc.ny.gov/reports/new-yorks-paid-family-leave-programDiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… Tax collections for State Fiscal Year (SFY) 2022-23 totaled … decline was primarily due to a decline in Personal Income Tax (PIT) receipts resulting from a variety of factors … claiming of credits related to the Pass-Through Entity Tax (PTET), the acceleration of the final phase-in of the …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… adopt social distancing measures, called on residents to shelter in their homes and restricted the activities of most …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: New York's Public and Private Colleges and Universities Face Significant Challenges in Years Ahead
… the state. This was the lowest total enrollment over a 15-year period, a decline of approximately 73,000 full-time … since Fall 2008. The decline was led by the nearly 14% drop in enrollment at public institutions, driven by … nationally, and is forecast to undergo a precipitous drop beginning in 2025 – a looming “enrollment cliff.” The …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-new-yorks-public-and-private-colleges-and-universities-face-significant-challenges-yearsNYC Budget Is Balanced but Risks Are Growing
… York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … tourism revenue set a new record, consumer confidence is at an 18-year high and wages continue to rise, partly due … gaps. The most immediate risk to the city’s finances is the potential impact of the state budget. The executive …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… and injustice. The long lines of people waiting for food speak to the inequities many face when it comes to … a well-developed nutrition infrastructure and national programs including SNAP, food support for women, infants and … and The Emergency Food Assistance Program. We have a network of nonprofit food banks that squeeze nutrition from …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli: April Sales Tax Collections Decline Over 24 Percent After COVID-19 Shutdown
… strong, March sales tax collections had already begun to show the impact of the COVID-19 shutdown–a decrease of 3.7 … with the largest declines downstate. The April figures show shrinking revenues for local governments throughout the … hurt household finances, and the April sales tax figures show how deep it is cutting into municipal finances,” …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-april-sales-tax-collections-decline-over-24-percent-after-covid-19-shutdownDiNapoli: NY's Homeownership Rate Lowest in the Nation
… their home, compared to 52% of Asian households, 34% of Black households, and 29% of Hispanic households. The … DiNapoli said. “The low rate of ownership for Black, Asian, and Hispanic New Yorkers is especially … New York Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationDiNapoli Seeks Stronger Federal Safety Measures for Oil Trains to Protect New Yorkers
… Thomas P. DiNapoli, in a letter released today, called on the U.S. Department of Transportation and the Federal … to prevent oil spills and other hazardous accidents on New York’s railways and require oil transporters to carry … be taken to address this threat.” DiNapoli’s letter to the US DOT and FRA is here: …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-seeks-stronger-federal-safety-measures-oil-trains-protect-new-yorkersNew York’s Agriculture Industry: A Resilient Part of State and Local Economies
… of hardship. In January 2022, as the sector continued to face the challenges posed by the pandemic, the Department of … to approve, reject, or modify the action of the Board. In recognition of the importance of agriculture to the State and …
https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economiesCity of Yonkers – Budget Review (B20-6-4)
Determine whether the significant revenue and expenditure projections in the Citys proposed budget for the 202021 fiscal year are reasonable
https://www.osc.ny.gov/local-government/audits/city/2020/05/21/city-yonkers-budget-review-b20-6-4New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… balance that year’s budget, according to a report released today by State Comptroller Thomas P. DiNapoli. “New York … plan for FY 2020 through FY 2024. The surplus for FY 2020 results mainly from an increase in the city’s revenue …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Problems Plague State's Rent Relief Program; Federal Funds To Help Renters at Risk
… more than 30 percent of income on rent. Hispanic and Black households make up disproportionate shares of New York … still have been unable to pay rent. Hispanic and Black households represented the largest groups not caught up … City Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-problems-plague-states-rent-relief-program-federal-funds-help-renters-riskDiNapoli: State Tax Collections Decline $3.7 Billion in Fiscal Year 2018-19
… Tax receipts for State Fiscal Year 2018-19 declined $3.7 billion, or 4.7 … but a decline of $2.2 billion from the prior fiscal year. For the month of March, tax receipts were $811.7 million … December and January, however, remind us to take nothing for granted. With expectations of a slowing economy and …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-state-tax-collections-decline-37-billion-fiscal-year-2018-19DiNapoli: Organic Farms Growing in New York
… Sales of organic farm products rose 56 percent statewide from 2008 to 2014 … in sales that year, as New York ranked third nationwide in the number of certified organic farms, according to a report … second nationally in both sales, at $93.6 million, and in the number of farms, at 402, according to the U.S. Department …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-organic-farms-growing-new-yorkDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… for federal budget cuts and the possible roll back of the Affordable Care Act." The current projected surplus was generated from reserves ($2.2 billion) and a citywide savings program ($1.5 billion). The city intends to transfer … has resumed the process of identifying opportunities for savings and expects the cumulative value of the citywide …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli Finds Over $100 Million in Inappropriate Medicaid Payments
… a monthly premium for each enrolled recipient and, in turn, the MCOs pay for services their members require. MCOs …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-finds-over-100-million-inappropriate-medicaid-paymentsComptroller DiNapoli Releases School Audits
… or salaries to be paid; making changes to employees’ pay rates, withholdings and deductions; performing transfers …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-0DiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… fiscal discipline and maximum transparency will be key going forward. The costs for skyrocketing shelter demand …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomState Comptroller DiNapoli Releases Year-End Accomplishments
… the Unclaimed Funds program, and his continued push for campaign finance reform. Leading the Third Largest Public … 250 New York companies, another $400 million available for investing, and a 20 percent return on exited investments. … the Emerging Managers program to promote opportunities for minority- and women-owned business and hosted …
https://www.osc.ny.gov/press/releases/2014/01/state-comptroller-dinapoli-releases-year-end-accomplishments