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DiNapoli: Wall Street Bonuses Fell 44% in 2008
… Cash bonuses paid by Wall Street firms to their New York City employees declined … fewer workers as the industry shed jobs. The reduction in Wall Street bonuses will cost nearly $1 billion in personal … crisis, business and personal income tax collections from Wall Street activities accounted for up to 20 percent of …
https://www.osc.ny.gov/press/releases/2009/01/dinapoli-wall-street-bonuses-fell-44-2008DiNapoli: Wall Street Bonuses Rose Sharply in 2009
… are a bitter pill and hard to comprehend. There’s a lot of resentment against the industry over its role in the …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009DiNapoli: 22 School Districts Designated in Fiscal Stress
… in state and federal aid. “Pandemic-related federal funding as well as a boost in state aid have helped school … received in these years consisted of pandemic-related funding from the federal government. Of the 670 school … release of scores, which excludes New York City and the “Big Four” City School Districts of Buffalo, Rochester, …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stressDiNapoli: Local Sales Tax Collections Up 3% in November
… in New York state increased by 3% in November compared to the same month in 2023, according to data released today by … Overall, local collections totaled $1.86 billion for the month, up $53 million year over year, with New York City accounting for 61.5% of the increase. “Local sales tax growth in November was a bit …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberSelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… literacy reportedly not having 3 months of emergency funds vs. 58% for those with lower financial literacy. Similarly, … vs. 46% for those with lower financial literacy. In 2021, New York State enacted legislation that essentially creates a …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followDiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… Retirement Fund (Fund), has been appointed lead plaintiff in a securities fraud class action lawsuit filed against the … company’s failed software updates and resulting plummet in share value. “Crowdstrike misled investors by falsely … exposed after it caused one of the largest cyber-disasters in history leading to a worldwide shutdown and billions in …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuitWall Street Bonuses and Profits Decline in 2015
… by New York State Comptroller Thomas P. DiNapoli. “Wall Street bonuses and profits fell in 2015, reflecting a … pool from 1986-2015 . Click here for charts showing Wall Street’s average bonus , estimated profits and employment . …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015Long Island Experienced Gains in Farms and Farmland
… Island farms had nearly $373 million in total agricultural sales in 2022, an increase of 64% from 2017. Farms in Suffolk County lead the state in sales of products directly to consumers, local retailers or … local food processors, with more than $268 million in such sales. As a result, local dollars spent on agricultural …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandDiNapoli: Local Sales Tax Revenue Slows in 2016
… Local sales tax collections across New York state only grew 1.7 percent in the first six months of 2016, according to a … collections declined in the Central New York region by 1.3 percent, in the Western New York region by 0.7 percent … down $156 million. In 2006, counties had the option to switch to a flat “cents per gallon” tax, as the state changed …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli High-Tech is on the Rise in NYC
… High-tech is one of the fastest growing industries in New York City, … Manhattan and into Brooklyn and Queens. New York City is attracting tech firms because of its unmatched quality of … as a global center for innovation and my administration is committed to leveraging all of our resources effectively …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycDiNapoli Halts $24 Million in Suspicious Tax Refunds
… personal income tax refunds so far in 2014, after finding 7,482 improper filings –an 18 percent rise from last year. To date, DiNapoli's office audited and approved 4.8 million state refund requests totaling $4.3 billion. … DiNapoli's auditors estimated their efforts produced $62.6 million in savings. For a copy of the report, visit: …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsDiNapoli: Motor Vehicle Fatalities Rise Sharply in NY
… accidents have declined, according to a report released today by New York State Comptroller Thomas P. DiNapoli. … Regionally, the North Country had the highest per capita fatality rate in 2022 at 12.9 per 100,000 people, while New …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-motor-vehicle-fatalities-rise-sharply-nyDiNapoli: Wall Street Bonuses Edge Up in 2014
… the 2008 financial crisis continues to be a drag on Wall Street profits, but the securities industry remains … the Office of the State Comptroller has tracked Wall Street's performance and the bonuses paid to its employees in … Fiscal Year 2013-14. See a video on this report at Wall Street Bonus Report video . See the chart showing the …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014DiNapoli Announces $15 Million Investment in Northern Ireland
… Fund (Fund) is investing $15 million (£9 million) with Northern Ireland venture capital firm Crescent Capital. The … part of an estimated $30 million anticipated investment in Northern Ireland. “We’ve found a dynamic opportunity to … Fund with a solid return on investment,” DiNapoli said. “Northern Ireland has the young, skilled workforce and the …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli: 16 School Districts Designated in Fiscal Stress
… Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2023, up from 14 … SY 2022-23 and committed to fully funding Foundation Aid for school districts by SY 2023-24. Total state aid reported … surpluses, cash position, and reliance on short-term debt for cashflow. The higher the score, the more severe the level …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressNew Yorkers in Need: The Housing Insecurity Crisis
… been identified at the New York City Housing Authority (NYCHA), the largest public housing authority in the nation. NYCHA’s recently updated Physical Needs Assessment indicated … collection rates at the New York City Housing Authority (NYCHA) have plummeted from 89.6 percent in FY 2019 to 62 …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisDiNapoli: Cyberattack Complaints in New York Rise 53%
… Cyberattack complaints in New York state increased 53% between 2016 and 2022, jumping … The number of attacks targeting critical infrastructure in New York state nearly doubled to 83 in the first half of 2023 … State Comptroller Thomas P. DiNapoli. Estimated losses in New York from cyberattacks in 2022 totaled over $775 million, …
https://www.osc.ny.gov/press/releases/2023/10/cyberattack-complaints-in-new-york-rise-53-percentDiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
… The number of hotel rooms in New York City increased by 48 percent between 2006 and 2015, … issued today by State Comptroller Thomas P. DiNapoli. "The hotel industry is flourishing. A record number of tourists … The number of hotel rooms in New York City increased by 48 percent between …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-surge-tourism-bolsters-nyc-hotel-industryOversight of Mental Health Education in Schools (Follow-Up)
… included in our initial audit report, Oversight of Mental Health Education in Schools (Report 2020-S-63 ). About … public school students statewide. To help confront the mental health crisis among youth in New York State, the Mental Health Association in New York State, Inc. (MHANYS), a …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/oversight-mental-health-education-schools-followBrooklyn Man Pleads Guilty in Check Theft Scheme
… Postal Inspection Service justice has been served in this case.” District Attorney Gonzalez said, “This defendant stole … the Third Degree before Justice Danny Chun in Kings County Supreme Court, Criminal Term. As part of his plea Galker was ordered …
https://www.osc.ny.gov/press/releases/2023/08/brooklyn-man-pleads-guilty-check-theft-scheme