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DiNapoli: New York City's Finances on Solid Footing
… conditions, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli at the … meeting of the Financial Control Board. “New York City is on solid financial footing with new labor agreements in … help fund the cost of post-employment benefits other than pensions, but in the past the city has used the Trust as a …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-citys-finances-solid-footingDiNapoli: MTA Financial Outlook Improved
… rate of 2.2 percent between 2015 and 2020 based in large part on increases in ridership and fares. The MTA’s financial …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… New York State Comptroller Thomas P. DiNapoli announced the New York State and Local Retirement System (NYSLRS) … will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 … of return for public pension funds is 7.75 percent. The audited value of the New York State Common Retirement Fund as …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnDiNapoli: Audit Shows Health Department Overpaid Certain Medicaid Managed Care Premiums
… nearly $19 million for the state fiscal year 2014-15, in part, because of a flaw in how it calculated premiums, according to an audit released … cost reporting guidance, is missing out on millions in annual savings it is supposed to realize through reforms …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-audit-shows-health-department-overpaid-certain-medicaid-managed-care-premiumsDiNapoli: Medicaid Costs for Diabetes Reach $1.2 Billion
… disease. “Millions of New Yorkers suffer from diabetes and the numbers are growing. It is a costly disease to fight given its chronic nature and the severity of its complications,” DiNapoli said. … acknowledging the ongoing challenge of diabetes prevention and the need for more progress in meeting this major health …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-medicaid-costs-diabetes-reach-12-billionDiNapoli: Local Sales Tax Collection Growth Highest Since 2013
… we know, collections are dependent on consumer spending, and the impact of new federal tax changes on this spending is … occurring in the fourth quarter (5.7 percent), which was one-third higher than growth in the fourth quarter of 2016 … had year-over-year growth rates of under one percent. In some cases, strong second half growth in sales tax …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-local-sales-tax-collection-growth-highest-2013Unified Court System Bulletin No. UCS-312
… Judges or Justices who serve the entire calendar year or a portion of the calendar year at more than one salary. To … tab on the Job Data page for that period and round to two (2) decimal places. Add each result from Step #3 to … tab on the Job Data page for that period and round to two (2) decimal places. Add each result from Step #3 to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-312-2022-year-end-adjustment-judges-and-justices-unified-courtDiNapoli: Report Warns of Growing State Debt
… reach $63.7 billion at the end of the current fiscal year and to increase over the following four years to $71.8 … said. "Still, backdoor borrowing imposes significant costs on taxpayers, lacks transparency and may limit flexibility in … well as, in its discretion, local authority and municipal corporation capital assets which receive a significant state …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtUnified Court System Bulletin No. UCS-333
… processing of the 2023 Year End Adjustments for Judges and Justices of the Unified Court System, and to provide … provided the Judge or Justice serves the entire year at one salary; or The prorated statutory salary based on the … tab on the Job Data page for that period and round to two (2) decimal places. Add each result from Step #3 to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-333-2023-year-end-adjustment-judges-and-justices-unified-courtDiNapoli: CDTA Overtime Expenses and Ridership Growing
… rail stations. CDTA’s service area covers 2,300 square miles with a population of about 770,000. The authority owns … rose as ridership declined in 2010 and fell as passenger miles increased in the following years. State …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-cdta-overtime-expenses-and-ridership-growingFederal Relief Aid Temporarily Reverses Trend of NY Sending More to Washington Than It Gets Back
… from Washington from second-to-last in federal fiscal year (FFY) 2019 to 40th in FFY 2020 among states, according … government in FFY 2020. Overall, the state received 6.4% of total federal spending compared to 5.9% it received … from New Yorkers, compared to a national decline of 6.4%. The state’s per capita federal taxes were 27.6% higher …
https://www.osc.ny.gov/press/releases/2022/03/federal-relief-aid-temporarily-reverses-trend-ny-sending-more-washington-it-gets-backDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… tax receipts in State Fiscal Year (SFY) 2021-22 exceeded the Enacted Budget Financial Plan forecast (May estimates) by … halfway through the fiscal year are an encouraging sign of economic recovery,” DiNapoli said. “This provides an … standing by using surplus revenues to bolster rainy day fund reserves and fund critical infrastructure projects …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsCity of Long Beach – Budget Review (B21-7-6)
… budget review issued in May 2020. Background The City of Long Beach, located in Nassau County, has been authorized to … recurring operating expenditures. The continued reliance on proceeds of long-term debt to finance recurring operating … City Council had not authorized the rate increase. Based on the City's historical overtime cost trends, the City's …
https://www.osc.ny.gov/local-government/audits/city/2021/05/12/city-long-beach-budget-review-b21-7-6DiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… tax receipts through the first two months of State Fiscal Year (SFY) 2021-22 were $4 billion higher than forecast in … through the first two months of the state fiscal year is good news and gives reason for optimism about the …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsState Comptroller Releases Municipal Audits
… financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the … financial operations while developing their 2021 fiscal year budgets …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-releases-municipal-auditsUnified Court System Bulletin No. UCS-346
… Judges or Justices who serve the entire calendar year or a portion of the calendar year at more than one salary. To … tab on the Job Data page for that period and round to two (2) decimal places. Add each result from Step #3 to … tab on the Job Data page for that period and round to two (2) decimal places. Add each result from Step #3 to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-346-2024-year-end-adjustment-judges-and-justices-unified-courtDiNapoli: Nurse Hiring Improves but Temp Staff Costs Remain Elevated at NYC Health + Hospitals
… hiring over 1,660 new nurses in city fiscal year (CFY) 2024, according to a new report released today by New York … Nursing schools across the country reported vacancy rates of nearly 8% in 2023. The city has taken steps to … This analysis is an update to DiNapoli’s 2023 report, NYC Health + Hospitals: Nurse Staffing Trends . Report NYC …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-nurse-hiring-improves-temp-staff-costs-remain-elevated-nyc-health-hospitalsDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… government sales tax collections totaled $5.83 billion in the second calendar quarter (April-June) of 2024, an … all other regions of the state also saw increases. “Growth in local sales tax collections has moderated, as both … to local sales tax growth, and its moderate increase in collections reflects in part a tourism industry that …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarterDiNapoli Releases Annual IDA Report
… Island and the Mid-Hudson regions together granting 61% of all net tax exemptions. On a per capita basis, the New York …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-releases-annual-ida-reportOpinion 97-19
… 801, 803; TOWN LAW, §177: A fire district treasurer who is an officer and stockholder of an insurance agency with … be disclosed pursuant to General Municipal Law, §803, but is not prohibited. You ask whether a fire district treasurer who is an officer and stockholder of the insurance agency which …
https://www.osc.ny.gov/legal-opinions/opinion-97-19