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DiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… Sales tax revenue for local governments in New York State declined by 3.9 … many people stayed home to avoid infection. Collections for the first quarter of 2021 increased compared to the first … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021DiNapoli: Finger Lakes Group Homes Overpaid for Food and Supplies, Wasting Taxpayer Money
… The state’s Office for People with Developmental Disabilities’ … Developmental Disabilities Service Office (DDSO) skirted state procurement laws for more than 1,400 purchases worth … they applied the agency’s discretionary spending authority on a home-by-home basis rather than to the entire agency as …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-finger-lakes-group-homes-overpaid-food-and-supplies-wasting-taxpayer-moneyDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… the Executive Order in order to safeguard benefits for families who may lose a loved one to COVID-19 before … becomes effective. Waiving the waiting period after filing for service retirement benefits ensures their families will get the benefits that were intended for them. My thanks to Governor Cuomo for acting on my …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… Recent unemployment claims suggest that most of New York City’s job gains over the past decade have been lost due … in 2020, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Tax collections are …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… actually declined by 24% since 2011, when the state’s real property tax cap was enacted. Because this aid can be used by … for Municipalities (AIM) program. “The state has long supported local communities through revenue sharing … now, the state is on solid fiscal footing and should take this opportunity to assess what changes are needed to …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… which can act as a fiscal buffer, was the highest on record, and will need to be restored to provide future …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… New York State Comptroller Thomas P. DiNapoli and United States Attorney for the Southern District of New York … S. Berman announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for … to three years of supervised release and was ordered to pay restitution in the amount of $1,457,739. U.S. Attorney …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementDiNapoli: Two Arrested for Stealing More Than $200,000 From 86-Year-Old State Pensioner
… a 30-year-old Albany resident, and Devin Zielinski, 33, for allegedly stealing over $200,000 from an elderly victim. … Schodack Police Department they will be held accountable for their crimes, and the victim has received needed care and … placing them in unlivable conditions. There was no regard for the victim’s well-being, who trusted and depended on …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-two-arrested-stealing-more-200000-86-year-old-state-pensionerNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… Fund’s adoption of its Responsible Workforce Management Policy and Principles (Policy). As part of the Fund’s … of new investments within its $38 billion private equity asset class, the new Policy will require an evaluation … practices that prioritize workers‘ rights and protections, health and safety, fair compensation, and skills development …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects … since 1990, but the estimated capital improvement needs for water and sewer projects far exceeds this amount, and … to provide subsidized loans and grants to municipalities for drinking water, wastewater treatment, and other projects, …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Two Capital Region Residents Indicted for $1 Million Medicaid Transportation Fraud Scheme
… and inflated reimbursements for transportation services, New York State Comptroller Thomas P. DiNapoli announced today … legitimate health care needs and services for vulnerable New Yorkers. Our joint investigation will ensure justice is … this case and I hope it is a warning to anyone who would try and defraud New York’s Medicaid system.” Oneonta Police …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-two-capital-region-residents-indicted-1-million-medicaid-transportation-fraud-schemeDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… of dollars in damage, the city needs to be better prepared for another catastrophic event, according to an audit … important emergency preparedness and disaster response are for coastal communities like Far Rockaway,” said … New York City Emergency Management (NYCEM) is responsible for coordinating citywide emergency planning and helping New …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersDiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State
… charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptroller’s … stole people’s identities to submit claims for money that did not belong to them, stealing from those who …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-three-arrested-scheme-steal-unclaimed-funds-new-york-stateExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… includes the use of debt to borrow for operating costs in 2025, a stopgap measure that will not be paid until after … new solutions. The MTA’s currently planned budget gap in 2025 without this stopgap measure would be nearly $500 … the MTA’s budget into long-term structural balance. After 2025, federal funding will no longer be available and deficit …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… a recession. The MTA has begun to lay out options for its funding partners, leaving them with some tough decisions. The … to be too large for the MTA to manage without additional funding or significant fare and toll increases that could … down debt and narrow budget gaps, the MTA suggests that if funding partners provide additional dollars by 2023 it would …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… City. “The value of office buildings in New York City is tied to demand for space that comes from new and expanding … city’s overall property tax base from office properties is likely to remain resilient. Ultimately, the city’s office …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli: Former Citizens Hose Fire Company Treasurer Arrested for Stealing More Than $100,000
… A former treasurer of an Ontario County fire company was arrested for allegedly … their own personal gain. We commend those who came forward on this case and assure our community that we will continue …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-former-citizens-hose-fire-company-treasurer-arrested-stealing-more-100000DiNapoli: Former Hannibal Fire Chief and Father Indicted for Allegedly Stealing Go-Kart Proceeds
… before Judge Karen Brandt Brown in Oswego County Court. He is scheduled to appear in court again on August 26. Carl … before Judge Karen Brandt Brown in Oswego County Court. He is due back in court on August 26. Since taking office in …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-hannibal-fire-chief-and-father-indicted-allegedly-stealing-go-kart-proceedsDiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… today announced a new reduction in management fees for the state’s 529 College Savings Program’s Direct Plan. It … the state pay for college this year,” said DiNapoli. “The latest reduction to the Direct Plan’s management fees means … the largest direct sold 529 plan in the United States. The latest reduction, from 0.17 percent to 0.16 percent, follows …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… The Public Service Commission (PSC) and the New York State Energy Research and Development Authority …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goals