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DiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… economy given current developments. To their credit, Mayor de Blasio and the City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his preliminary executive budget for …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksDiNapoli Releases August Cash Report
… August projections, according to the monthly state cash report issued today by State Comptroller Thomas P. DiNapoli. … Plan projection. Other findings from the August cash report include: Personal income tax receipts through the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli: Comprehensive Planning Needed for Billions in State Infrastructure Spending
… needs to develop a better strategy and a clear roadmap for its infrastructure investments.” The State Fiscal Year … Major expenditures by category include $25.7 billion for transportation, $9.9 billion for health, mental hygiene and social welfare, and $9 billion …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-comprehensive-planning-needed-billions-state-infrastructure-spendingDiNapoli Finds Slow Property Tax Growth for Local Governments
… slowed over the past several years, from a peak increase of 7.7 percent in 2003 to a 2 percent increase in the fiscal year ending (FYE) in 2013. Much of this occurred even before the enactment of the 2011 tax cap law, which limits tax levy increases to …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-finds-slow-property-tax-growth-local-governmentsDiNapoli Releases Fiscal Stress Scores
… government and robust local sales tax revenues helped to put local governments on solid fiscal ground in 2021,” … and a possible recession looming, local governments need to plan carefully to avoid fiscal cliffs in the future.” DiNapoli’s report …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-releases-fiscal-stress-scoresOpinion 92-31
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … partisan or political purposes or undertakings (see NY Const, art VIII, §1; Phillips v Maurer , 67 NY2d 672, 499 …
https://www.osc.ny.gov/legal-opinions/opinion-92-31Oversight and Enforcement of the Rechargeable Battery Law
… Objective To determine whether the Department of Environmental … with the New York State Rechargeable Battery Law to promote the proper disposal of lithium-ion and other types …
https://www.osc.ny.gov/state-agencies/audits/2022/06/29/oversight-and-enforcement-rechargeable-battery-lawControls Over the Empire State Supportive Housing Initiative
… relative was living in the unit and had changed the locks on the door. In June 2023, the provider located the resident …
https://www.osc.ny.gov/state-agencies/audits/2023/12/21/controls-over-empire-state-supportive-housing-initiativeDiNapoli: NYRA's Future Uncertain
… Resorts World New York City Casino is directed to NYRA for enhanced purses, operational support and capital … from VLT operations, NYRA reported an annual surplus for each year in the audit period of Jan. 1, 2012 through Dec. 31, 2014. For the three years audited, NYRA received about $318 million …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-nyras-future-uncertainNY State Comptroller DiNapoli Calls on Companies to Adopt Better Workers' Rights Policies
… Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-calls-companies-adopt-better-workers-rights-policiesDiNapoli: Central New York Economy Slowly Improving
… The Central New York economy is starting to rebound from the Great … according to a profile of the region released today by New York State Comptroller Thomas P. DiNapoli. The report, …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingState Comptroller DiNapoli Releases Municipal Audits
… Town of Crawford – Town Clerk (Orange County) The former clerk did not properly account for, … to properly segregate payroll duties. Oswego County – Court and Trust Funds Auditors found the records maintained … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Releases Report on Pre-Pandemic Migration Trends
… Comptroller Thomas P. DiNapoli. The report is based on the most recent data available. The Comptroller’s Office will … left New York at twice the rate (0.66%) of all filers, with married filers making between $100,000 and $500,000 per … total income. Nearly half of all PIT taxpayers with incomes of $1 million or more were nonresidents. In …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-report-pre-pandemic-migration-trendsDiNapoli: State Pension Fund Value $194.3 Billion
… York State and Local Retirement System (NYSLRS) has the funds on hand to provide retirement security to its more than …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionOpinion 88-70
… are neither permitted nor required by statute are improper and without effect, and that municipal moneys may not be expended for such … lease of city real property; Municipal Home Rule Law, §§23 and 24, requiring mandatory or permissive referenda, …
https://www.osc.ny.gov/legal-opinions/opinion-88-70DiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… approvals prompted interest payments, mandated under the Prompt Contracting Law, that cost the state $195,663 last … remains as serious a problem for NFPs today as when the Prompt Contracting Law was enacted in 1991. Over that time, … services on behalf of government, and the continued late payment on State contracts hinders service to communities and …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profitsDiNapoli: MTA Budget Gaps Return
… period of financial stability secured by an infusion of state funds last year, the Metropolitan Transportation … the MTA hoped. With farebox and tax revenues down, a pause on congestion pricing and other financial risks, significant … Plan is the projected collection of real estate-related taxes, which are expected to be $790 million lower over the …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnDiNapoli Op-Ed in Times Union
… an unaffordable burden on their children. A new report by my office offers a roadmap for comprehensive state debt … emergency contingencies should be updated to account for potential crises, while establishing boundaries …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-unionVillage of Hudson Falls – Information Technology (2025M-10)
… to catastrophic and may require extensive effort and resources to evaluate, repair and rebuild. The Village pays … officials cannot be assured that Village IT systems are secured and protected against unauthorized use, access … the IT vendors that described specific IT services to be provided. Officials did not monitor the services provided by …
https://www.osc.ny.gov/local-government/audits/village/2025/04/25/village-hudson-falls-information-technology-2025m-10State Comptroller DiNapoli Releases Municipal & School Audits
… 2024-25, an increase of 2.4%. The 2025-26 budget relies on nonrecurring funding sources of $114.4 million, such as …
https://www.osc.ny.gov/press/releases/2025/07/state-comptroller-dinapoli-releases-municipal-school-audits