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Changes in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but … policies could affect the city’s economy and finances. The House of Representatives and the Senate have reached … agencies could be higher than planned; Proceeds from the sale of taxi medallions could fall short of expectations …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… The New York State Common Retirement Fund (Fund) received a $33.8 million return from its investment in Autotask, an IT company located near Albany, according to … New York and has offices in Chicago, Los Angeles, Beijing, London, Munich and Sydney. www.autotask.com … The New York …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… The Fund invested in 5LINX through its In-State Private Equity Program, which seeks profitable investments in New … the state and has supported nearly 4,000 jobs. The state public pension fund is investing in New York’s future.” … New York State Common Retirement Fund, the third largest public pension plan in the United States with more than one …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… State Comptroller Thomas P. DiNapoli. "When Wall Street does well, the city and state benefit from higher tax … protections adopted after the financial crisis. It is too soon to tell how increased volatility in the financial markets might …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… about $7 billion in federal aid, mostly for social service and education programs, and the securities industry … The city also anticipates $731 million from the sale of taxi medallions during fiscal years 2018 through 2020, but …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… New York state ranked first nationwide in nonprofit jobs and organizations, with nearly 1.3 million … chief executive officer of New York Council of Nonprofits, Inc. “The UJA-Federation of New York, which supports a …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… Authorities (IDAs) reported 4,324 active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase compared to 2020, according to a report released today by State … by Region Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… quarter (5.3%) and fourth quarter (4.5%) growth were a bit stronger, year-over-year collections may be returning to …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… ongoing spending and to boost the state’s bottom line may be obscuring New York’s true fiscal position, and leaving … the mid-year of SFY 2016-17, PIT collections totaled just under $23.5 billion, a drop of 3 percent, or $734.3 … payments. Collections of consumption and use taxes totaled just over $8.2 billion through the first six months of the …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… has remained significantly high over the last decade. In Brooklyn and Queens, a greater share of moderate- and … of Living in New York City: Housing Other related work NYC's Shifting Population: The Latest Statistics Residential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities New York …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… New York schools. When students take a financial literacy course, they learn personal finance, budgeting, and … clearly has the attention of the public and a required course in our high schools is being given serious … Just as teens are required to take a driver’s education course before getting behind the wheel of a vehicle, we have …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… but they have much to learn about personal finance. Many states have already incorporated financial education into the … states, including Utah, Rhode Island, Tennessee, Ohio, and West Virginia, require students take a personal finance class … Executive Order on Financial Literacy in 2019 directing my office to identify ways to enhance New York State residents’ …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… Affairs and Bernard McGuire, Managing Director of 57 Stars, an international private equity investor, to announce … fund’s private equity program will be managed by 57 Stars, a Washington D.C. based investment manager. “Northern …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… Attorney Raymond A. Tierney today announced the arrest of former Town of Huntington employee Moses K. Johnson, 63, … his mother’s public pension payments following her death in April of 2021. “Mr. Johnson allegedly took advantage … in Suffolk County District Court. His next court date is Oct. 25. The charges filed in this case are merely …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… by the Office of the State Comptroller and the St. Lawrence County Sheriff’s Department found she misappropriated more …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesState Pension Fund Adds $30 Million for Investments in New York Companies
… Partners. "This new commitment to Primary Venture Partners for state-based investments will help grow the pension fund … Vnomics, a fleet management software company located near Rochester and FieldLens, a construction industry mobile … 80 percent of the cost of benefit payments has been funded by investment returns. The Fund’s fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… Purpose To determine the extent of implementation of the seven … not implemented. Key Recommendation Officials are given 30 days after the issuance of the follow-up review to provide …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… $1.82 billion, up $53.3 million compared to the same time last year. “Local sales tax growth in July continued at a …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… protect the New York State Retirement System.” William H. Walsh Jr. retired from the New York State Department of … a reduced monthly retirement benefit so his wife, Mary L. Walsh, would continue to receive payments if he died before her. William Walsh died in October 2005. Mary Walsh died in December 2012 …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… New York State Comptroller Thomas P. DiNapoli; Breon Peace, United States Attorney for the Eastern District of New York; Michael … as the director of food services for HUFSD, Gardner helped secure lucrative contracts for Caliendo’s company, Smart …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-scheme