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Local Government – 2022 Financial Condition Report
… Major Local Revenue Sources Remained Fairly Stable Real property tax revenues were mostly unaffected by COVID-19 … of the total revenue for local governments not including NYC …
https://www.osc.ny.gov/reports/finance/2022-fcr/local-governmentDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… revenue; and Address problem gambling associated with all forms of gaming, including the lottery. Report A Question of …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingOpinion 92-49
… purposes of pleasure, amusement or ornament" ( Perrin v New York Central Railroad Co. , 36 NY 120, 124); "a strip of …
https://www.osc.ny.gov/legal-opinions/opinion-92-49Hitting the Limit: The Constitutional Tax Limit and its Implications for Local Governments
New York State’s Constitutional Tax Limit (CTL) restricts the amounts local governments may raise by taxing real estate in any fiscal year.
https://www.osc.ny.gov/files/local-government/publications/pdf/ctl-implications-for-local-governments.pdfNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return … 2016, with an estimated value of $184.5 billion, according to New York State Comptroller Thomas P. DiNapoli. … across several asset classes had positive returns during a solid quarter,” DiNapoli said. “Our long-term perspective …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsTown of Eden - Real Property Tax Exemptions (2018M-231)
… report - pdf] Audit Objective Determine whether select real property tax exemptions are properly supported by … C includes our comment on issues raised in the Town’s response letter. … Determine whether select real property tax exemptions are properly supported by …
https://www.osc.ny.gov/local-government/audits/town/2019/03/15/town-eden-real-property-tax-exemptions-2018m-231DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… Retirement Fund’s (Fund) investment return was 5.84% for the state fiscal year that ended March 31, 2025. The Fund … other economic and geopolitical issues causing uncertainty for investors that is likely to continue in the short term,” … historic value and rate of return in prior years Return for Third Quarter Return for 2024 … New York State …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Town of Elba - Real Property Tax Exemptions (2018M-261)
… or obtain annual renewal documentation as required, to ensure the exemptions remained in compliance with State or … agreed with our recommendations and indicated they planned to initiate corrective action. … Determine whether select …
https://www.osc.ny.gov/local-government/audits/town/2019/03/15/town-elba-real-property-tax-exemptions-2018m-261Town of Holland - Real Property Tax Exemptions (2018M-232)
… were not properly supported by adequate documentation. The Assessor allowed what appear to be ineligible …
https://www.osc.ny.gov/local-government/audits/town/2019/03/15/town-holland-real-property-tax-exemptions-2018m-232Opinion 88-65
… when taxes are paid by mortgagee) REAL PROPERTY TAX LAW, §986(1)(3): Collecting officers must provide tax … which receives money from a mortgagor for the purpose of payment of real property taxes on such property, shall at … to the mortgagor any paid bill it has received for the payment of such taxes. Such bill shall be enclosed with a …
https://www.osc.ny.gov/legal-opinions/opinion-88-65City of Amsterdam – Budget Review (B25-5-5)
… independent evaluation of the City’s proposed budget for 2025-26. Background Chapter 531 of the Laws of 2019 … The significant revenue and expenditure projections in the 2025-26 proposed budget are reasonable. However, we … on May 6, 2025, or 35 days after the Charter-established deadline. The proposed budget for the recreation fund is not …
https://www.osc.ny.gov/local-government/audits/city/2025/05/15/city-amsterdam-budget-review-b25-5-5State Comptroller Thomas P. DiNapoli Statement on Enacted State Budget
… deserve credit for adopting another spending plan on time. My office will examine how this agreement will keep the state on track for budget balance as well as the impact it has on the state's debt burden and out-year finances. "Sadly, the …
https://www.osc.ny.gov/press/releases/2014/04/state-comptroller-thomas-p-dinapoli-statement-enacted-state-budgetCaledonia-Mumford Central School District – Financial Management (2024M-101)
… officials were not transparent with taxpayers and more real property taxes were levied than necessary to fund … deficits requiring fund balance to be appropriated and real property taxes to be increased. However, the District …
https://www.osc.ny.gov/local-government/audits/school-district/2024/12/06/caledonia-mumford-central-school-district-financial-management-2024m-101DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… 31, 2024. The Fund closed the year with an estimated value of $267.7 billion. “Strong performances across asset classes … fund’s investment returns higher over the past year, with many companies reporting better than expected earnings and … March 31, 2024, the Fund had 42.85% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24NYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … estimated value reflects benefits of $8.5 billion paid out during the first three quarters of SFY2018-19. The Fund’s … the Fund has an investment approach which capitalizes on market opportunities and weathers market ups and downs. …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United … ends March 31, 2018. Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: State Pension Fund Releases Annual Investment Return
… York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) … have been trying for investors, but thanks to the state pension fund’s diverse investments, members, retirees and … March 31, 2023, the Fund had 44.14% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… The New York State Common Retirement Fund (Fund) committed an … reaching the initial commitment target, DiNapoli set a new goal of deploying $40 billion to sustainable investments …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-programDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund reached a record estimated value of $1835 billion
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionOpinion 2005-3
… FACILITIES -- Construction of (by school district) REAL PROPERTY -- Sale (leaseback of occupied building by school … district purposes, to be reacquired by lease-purchase agreement. This is in reply to your letter asking whether a … would be managed by a private firm, under a lease-management agreement. Alternatively, you ask whether a school …
https://www.osc.ny.gov/legal-opinions/opinion-2005-3