Search
DiNapoli: State Tax Collections Dip
… for the same period, primarily because of a $1.8 billion pension payment made in April that was paid later during SFY …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… The loss of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was the state’s worst annual … building industry has been significantly impacted by the COVID-19 pandemic and resulting economic fallout,” said Carlo … and to keep our region moving forward.” “The COVID-19 pandemic created uncertainty across all sectors of …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineDiNapoli: Majority of Cities and Villages Statewide Below Fiscal Stress Threshold
… stress and three villages moved into a fiscal stress category; The city of Yonkers moved into the “moderate fiscal stress” category, up from “susceptible to fiscal stress;” Catskill … and Canisteo remain in the “susceptible to fiscal stress” category; Valley Stream remains in the “moderate fiscal …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-majority-cities-and-villages-statewide-below-fiscal-stress-thresholdDiNapoli Releases Mid-Year State Cash Report and Review
… short term the state’s fiscal outlook is positive.” All Funds receipts through the first half of the fiscal year … has generally been relatively strong. Spending from All Funds through the first half of the fiscal year was up by 4.2 … in the General Fund (including transfers from other funds) totaled $35.4 billion through Sept. 30, an increase of …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-releases-mid-year-state-cash-report-and-reviewNew York State Comptroller Thomas P. DiNapoli On Governor Cuomo's 2014 State Of The State Address
… Governor Cuomo today set forth a strong agenda for New York State in 2014. His leadership and vision have pushed New York in a positive direction. Over the past few years, … national and state economy, many municipalities across New York face real fiscal issues that need to be addressed. …
https://www.osc.ny.gov/press/releases/2014/01/new-york-state-comptroller-thomas-p-dinapoli-governor-cuomos-2014-state-state-addressDiNapoli Releases August State Cash Report
… State tax collections through August dropped by $898 million, or 3 percent, from the same … over the Executive’s revised projections released in August, they remain more than $596 million below projections … which were $105 million below updated projections through August. "Personal income tax collections continue to lag …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-august-state-cash-reportNew York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… utilization among New York Medicaid and Child Health Plus (CHP) beneficiaries are available for the period from January … 5,000 visits per month. FIGURE 1: New York Medicaid and CHP Monthly Telehealth Utilization, … telehealth services utilized by the State’s Medicaid and CHP beneficiaries climbed sharply to 208,506 visits, as shown …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021DiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… medical services that should have been covered by managed care plans, according to an audit released today by State … who are economically disadvantaged or have special health care needs. DOH’s eMedNY computer system processes Medicaid … through the fee-for-service method and the managed care plan method. Under the fee-for-service method, Medicaid …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpaymentsDiNapoli Releases Year-End and April Cash Reports
… than expected, was primarily in Personal Income Tax (PIT) collections, where a number of states experienced … of the Financial Plan in the coming weeks." Overall PIT collections in April were almost 20 percent lower than a year earlier. PIT estimated payments during the month were $1.8 billion or …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional
… service lines as quickly as possible. We want to thank our team, the Council and the State Comptroller’s Office with …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutionalDiNapoli Report Highlights Local Government Reliance on Federal Aid
… climate, it's important for New Yorkers to get a sense of how much funding is at stake and what programs might be at … million (4 percent), and villages $82 million (2 percent). How heavily local governments rely on federal aid as part of … Reliance on federal aid can also vary widely within these classes of government. Specific data on each county, city, …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-report-highlights-local-government-reliance-federal-aidDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… by extraordinary one-time federal relief, will mostly be used to fund new spending, with a smaller portion set aside … into the city’s April financial plan. The city used the unanticipated revenue, since April, to increase … estimated surplus transfer of $6.1 billion, which will be used to prepay debt service in FY 2022, nearly $2.5 billion …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: Public Drinking Water Needs More Protection
… The President's proposed budget would cut the Environmental Protection Agency's (EPA) budget by nearly one-third. In … statewide response plan, with public input, to effectively address drinking water contamination incidents; Create a …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-public-drinking-water-needs-more-protectionState Comptroller DiNapoli Releases Municipal Audits
… and Incentives for Municipalities (AIM) funding and Video Lottery Terminal (VLT) aid throughout 2021 and develop a plan …
https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Proposed Budget Holds the Line on Spending, Gives Executive Wider Discretion
… Investment Act in December 2014; and Proposes a public campaign finance system for elections to statewide offices … in 2018. Funding would be authorized from a proposed new Campaign Finance Fund check-off program and the transfer of …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-proposed-budget-holds-line-spending-gives-executive-wider-discretionDiNapoli: Comprehensive Planning Needed for Billions in State Infrastructure Spending
… New York state expects to spend an average of $13.4 billion in each of the next five years on capital projects, but would benefit … today by State Comptroller Thomas P. DiNapoli. “Investment in roads, bridges, water and sewer systems, schools and other … New York state expects to spend an average of $134 billion in each of the next five years on capital projects but would …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-comprehensive-planning-needed-billions-state-infrastructure-spendingDiNapoli: State Tax Revenues $3 Billion Below Last Year
… of that borrowing; the remaining $3.4 billion is due by March. November Cash Report Find out how your government …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-state-tax-revenues-3-billion-below-last-yearDiNapoli: External Risks Threaten NYC Budget
… if needed and Mayor de Blasio plans to expand the citywide savings program to help cut the size of the projected budget … exclusively from unneeded reserves and by the citywide savings program. Nonproperty tax collections have been … New York City, including the repeal and replacement of the Affordable Care Act (ACA), tax reform, increased …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budgetChanges in Federal Policies Pose Significant Risks for New York City's Budget
… mortgage interest resulting in higher federal taxes and home ownership costs for many city residents. The bill also … the federal tax code. If that is true, collections could pick up in the second half of FY 2018. Collections also could …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetCity of Yonkers – Budget Review (B24-6-7)
… are sufficient for any potential liabilities when contract agreements for collective bargaining agreements are reached. The City’s contingency reserve is …
https://www.osc.ny.gov/local-government/audits/city/2024/07/12/city-yonkers-budget-review-b24-6-7