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DiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… grew by a more modest 1.5% and 1.1%. Modest Increase for NYC: New York City’s collections moderated in the second …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterDiNapoli Releases Analysis of State Financial Plan
… After two years of extraordinary volatility in state finances, the State … 2022-23 Enacted Budget Financial Plan from the Division of the Budget (DOB) projects fiscal stability for the next … Making deposits to the rainy-day reserves on or ahead of schedule may help prevent disruptions in critical programs …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… New York City is expecting to generate a surplus of $3.7 … allow the city to address unexpected challenges, including new spending obligations, and to strengthen its fiscal foundation to keep New York City attractive for residents and visitors and …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… Budget Financial Plan shows a remarkable improvement in the state’s financial condition as cumulative four-year … of substantial new resources, including $15.2 billion in federal assistance and $17.3 billion from tax and other … The SFY 2021-22 Enacted Budget Financial Plan released in May by the state Division of Budget (DOB) totals $208.9 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… DiNapoli. DiNapoli’s analysis noted that federal funds are being used to pay for operating expenses typically covered by … us for a long time and federal funds have been essential in shoring up the state’s finances, but more is needed. While … state tax revenues has improved somewhat, any shortfall in anticipated federal assistance would drive undesirable …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetDiNapoli: Statewide Local Sales Tax Collections Down 7.1 Percent in November
… by 7.1 percent in November compared to the same month last year, according to State Comptroller Thomas P. DiNapoli. … clearer picture of what the overall quarterly and calendar year impact of the pandemic has been on individual counties … by 71 percent in November compared to the same month last year according to State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-statewide-local-sales-tax-collections-down-71-percent-novemberDiNapoli: Identity Theft Cases Surged in New York in 2020
… times the annual total from a decade earlier, according to a report released today by New York State Comptroller … area had the highest rate of identity theft reports to the Federal Trade Commission (FTC) per capita at 403 … effort. Often the pain is really felt later, when victims have trouble getting a job, renting an apartment, or getting …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31, 2021, … results that ensure continued retirement security for our members for generations to come.” The Fund's value reflects …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli Releases State Cash Report
… stronger than projected, with collections for the fiscal year now $142.3 million higher than projections from the … finances remain solid two months into the new fiscal year,” DiNapoli said. “New York has also collected more than … for the month, but were 4.6 percent lower than a year ago, primarily due to corporate franchise tax refunds. …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… changes in state and local law enabling the use of these funds, called on the city to define how these resources are accumulated and used. “Setting aside funds for unexpected events and ensuring they are available … necessitates the need for clear policies for how the funds are deposited and spent. The next administration and …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… stations (38%), clothing stores (35%), and restaurants and bars (34%). Increased costs for goods also increase sales tax …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: State Tax Collections Continue to Exceed Projections
… June, the first three months of the 2021-22 State Fiscal Year, according to the monthly State Cash Report released … $17 billion more than received in the same period last year, spurred in part by a $13.5 billion year-to-year …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: Audit Finds Poor Financial Management by Central New York Regional Market Authority Board
… to pay operating costs declined from fiscal year (FY) 2020-21 to FY 2022-23, according to an audit released … renovations and has been a drain on the authority’s budget. “The Central New York Regional Market Authority board … New York. It is overseen by a 13-member board, consisting of appointees from Onondaga, Oswego, Cayuga, Madison, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-audit-finds-poor-financial-management-central-new-york-regional-market-authority-boardDiNapoli: State Tax Receipts Through First Quarter Exceed Financial Plan Projections by $1.7 Billion
… $34.4 billion through the first quarter of State Fiscal Year 2022-23, exceeding the Division of the Budget’s (DOB) … may alter the trajectory for the remainder of the fiscal year. Bolstering rainy day reserve funds on or ahead of the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-state-tax-receipts-through-first-quarter-exceed-financial-plan-projections-1-point-7-billionXVII.2 Overview – XVII. Lapsing Appropriations
State Fiscal Year SFY State Operations appropriations excluding SUNY and CUNY that are not reappropriated and the SUNY Stabilization Account appropriations lapse after close of business on June 30 or the first business day following if June 30 falls on a nonbusiness day
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2-overviewState Agencies Bulletin No. 2059
… Purpose: The purpose of this bulletin is to inform agencies of the procedures and provide … compliance with IRS Rules and Regulations. Agencies should have an established process in place requiring employees to … below. Agencies must review the form to determine if it is acceptable and in compliance with IRS regulations. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… -6.2% 5.8% Global Equities 25.1% 3.7% Absolute Return Strategies 9.9% 3.2% Opportunistic Alternatives 7.8% 0.3% …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… values reached nearly $205 billion in fiscal year (FY) 2025, surpassing pre-pandemic levels, according to a report … higher market values are being fueled by growth outside of traditional Midtown office districts, including Hudson Yards, Chelsea, Union Square, Soho, Downtown Brooklyn …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceState Agencies Bulletin No. 2262
… pay process will automatically pay any retroactive money due. Transferring Between Agencies – Fall of 2024: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2262-restoration-contract-pay-and-additional-pay-21p-institution-teachersDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… Retirement System (NYSLRS) for State Fiscal Year (SFY) 2025-26. Employers’ average contribution rates will increase … of retirement benefit plans adopted, salaries paid and the distribution of employees among the six membership tiers. … receive a discount if payment is made by Dec. 15, 2025. The New York State Common Retirement Fund’s long-term …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26