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DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to … billion for counties and cities, or $111 million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustNew York’s Economy and Finances in the COVID-19 Era
… 83 percent said their plans for classes this fall have been canceled or changed significantly. Layoffs and … For the first five months of the fiscal year, tax revenues have totaled $3.2 billion below the previous year. These … difficult choices for policy makers if the State does not receive significant additional relief from the …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… Area September 2020 Total Jobs Change from February Number Percentage Albany-Schenectady-Troy 433.1 (41.8) -8.8% …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … Program (PPP), according to Census Bureau survey data for the week ending June 27. $38.2 billion in PPP loans were approved for New York applicants through July 24, 2020, according to …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … During COVID-19 Approved payments to New York recipients for Unemployment Insurance totaled $32.1 billion from March 1 … the onset of the pandemic. In the most recent weeks for which data are available, approved payments during the …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions … Statistics later this week. Initial unemployment claims have declined sharply in New York and nationally in recent …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… Sales tax revenue for local governments in July fell 8.2 percent compared to the same period last year, according to New York State … Monthly Local Sales Tax Collections by Region Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… Ranks Second Nationally in Jobs Lost While all states have lost employment since the COVID-19 pandemic struck … COVID-19 pandemic. Every week the State’s small businesses have consistently exceeded the national average and ranked … When asked if over the past week the business rehired any paid employees who had been furloughed or laid off since …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions … in the size of the workforce may indicate that individuals have ceased searching for a job actively. New York also led …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… of industry employees were White, 22 percent were Asian American, 9 percent were Hispanic and 7 percent were African American (based on most recently available 2019 data). …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… Trust Fund (UTF) to meet the extraordinarily high number of claims in the State. The State’s outstanding …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… David Decker, former director of the Lake George Watershed Coalition, was convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… the sentencing of non-profit executive Anna Mendez for the misuse of nonprofit funds to fund straw political … Ms. Mendez now faces justice and has been held accountable for her actions." “Anna Mendez misused thousands of dollars … and the New York City Department of Investigation for their continued commitment to justice.” “Corrupting the …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeNew York’s Economy and Finances in the COVID-19 Era
… measure of the impact of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment … State's Budget The State’s General Fund balance was $6.4 billion as of July 3. Cash on hand has been bolstered by … Relief Fund established by Congress, as well as $4.5 billion in short-term borrowing that is expected to be …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… the city should continue to increase its reserves and look for opportunities for savings.” The city intends to transfer the surplus to FY … economic growth. However, there is also the potential for unplanned spending. While the city’s budget assumes that …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Minds in Motion, Inc. (MIM) on its Consolidated Fiscal Reports … for-profit special education provider located in Newburgh. MIM provides preschool special education … the fiscal year ended June 30, 2015, MIM reported $571,094 in reimbursable costs for the one rate-based preschool …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… program for pursuing energy efficiency in certain New York State government buildings while advancing economic …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… DiNapoli said. “I thank District Attorney Brooks Baker and New York State Police for their diligence in … trust violations,” Steuben County District Attorney Brooks Baker said. “Our hope is that eventually folks, including Ms. …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… The State Fiscal Year (SFY) 2017-18 Enacted Budget increases … other programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum … acted on critical budget issues that will help New York move forward. However, billions of dollars in spending …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… the trend of exceeding pre-pandemic levels, according to a report released today from State Comptroller Thomas P. … tax receipts met or exceeded 2019 pre-pandemic levels for the same period. Some of the regions with the strongest … and the Capital District (15.4%). Sales tax receipts for New York City totaled $2.1 billion in the third quarter, …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarter