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DiNapoli: Recently Enacted Federal Tax Provisions Disproportionately Benefit Those With Higher Incomes
… State Comptroller Thomas P. DiNapoli analyzed the federal tax provisions enacted under Public Law No: 119-21 at the … of July and how they may impact New Yorkers. While the bill made permanent many tax changes included in the 2017 Tax … interest on new car loans are in effect only for tax years 2025 to 2028, and limited to taxpayers with Social Security …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-recently-enacted-federal-tax-provisions-disproportionately-benefit-those-higher-incomesCity of Glen Cove -- Budget Review (B17-7-12)
… surplus in the water fund and a $36,751 surplus in the golf and recreation fund. These three funds are projected to … the City projects an operating surplus of $36,751 in the golf and recreation fund that will decrease the unassigned … monitor the financial position of the water fund and the golf and recreation fund, and implement a financial plan that …
https://www.osc.ny.gov/local-government/audits/city/2017/10/13/city-glen-cove-budget-review-b17-7-12Sullivan County – County Jail Operations (2013M-33)
… of Audit The purpose of our audit was to examine County jail operations and related costs for the period January 1, … The cost of a new jail would be fully offset by payroll, inmate boarding and facility cost savings within 33 years, …
https://www.osc.ny.gov/local-government/audits/county/2013/06/14/sullivan-county-county-jail-operations-2013m-33NYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall estimated value in the first quarter of the State Fiscal Year 2018-2019 was $209.2 billion, based … uncertain." The Fund's estimated value reflects benefits of $2.8 billion paid out during the first quarter. The Fund's … international public equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (23.6 …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… 2017, with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli. "A strong … decade-long rise. Our foremost goal will always be to find stable, long-term returns that will continue to provide … The Fund's fiscal year ends March 31, 2018. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsBig Flats Fire District #2 – Internal Controls Over Financial Operations (2012M-155)
… 2012 fiscal year. Included in the budget is $30,000 for rent of the Golden Glow Volunteer Fire Company, Inc. firehouses. The Board of Fire Commissioners consists of five elected members … lease with the Company effective January 1, 2011 to pay rent of $30,000 annually, which was double the $15,000 amount …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/01/30/big-flats-fire-district-2-internal-controls-over-financial-operations-2012mState Comptroller DiNapoli Releases Audits
… SUNY Downstate Medical Center: Examination of Sunset LG Realty, LLC (2018-BSE03-02) Auditors found SUNY Downstate …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-auditsCity of Troy – Budget Review (B5-14-23)
… budgets. Begin developing a plan for the anticipated increase in retirement appropriations. … City of Troy Budget …
https://www.osc.ny.gov/local-government/audits/city/2014/11/07/city-troy-budget-review-b5-14-23NYS Common Retirement Fund Reports Third Quarter Results
The New York State Common Retirement Funds Fund estimated return in the third quarter of the State Fiscal Year SFY 201819 was 717 percent for the threemonth period ending Dec 31 2018 with an estimated value of $1973 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsCity of Troy – Budget Review (B5-15-22)
… mindful of the legal requirement to maintain the tax levy increase to no more than the tax levy limit as permitted by …
https://www.osc.ny.gov/local-government/audits/city/2015/11/10/city-troy-budget-review-b5-15-22City of Yonkers – Budget Review (B23-6-6)
… [read complete report - pdf] Purpose of Budget Review The purpose of our budget review was to … of property, to balance its budget. The City could face a total shortfall of approximately $5.7 million if revenue …
https://www.osc.ny.gov/local-government/audits/city/2023/07/07/city-yonkers-budget-review-b23-6-6Oversight of International Offices
… manages payments to foreign representatives to ensure they are made only for authorized contract purposes. Our audit … to improve global competitiveness for New York State companies. The International Division helps businesses … Key Findings ESD does not have an appropriate performance monitoring system in place to evaluate foreign …
https://www.osc.ny.gov/state-agencies/audits/2013/06/28/oversight-international-officesDiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… the state’s fiscal year. For the three-month period ending Sept. 30, 2022, Fund investments returned an estimated -3.85%. “The recent volatility in the markets and concerns … of March 31, 2022, the end of the state fiscal year. As of Sept. 30, the Fund had 42.33% of its assets invested in …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterDiNapoli: State Tax Receipts Through First Half of Fiscal Year Exceed Projections by $2.4 Billion
… Budget’s (DOB) latest financial plan projections through Sept. 30. However, PIT receipts were $2.6 billion lower than … which was $4.4 billion, or 4.8%, higher than last year for the same period. All Funds spending through September was … The State’s General Fund ended September with a balance of just under $50 billion, $4.8 billion higher than projected by …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-state-tax-receipts-through-first-half-fiscal-year-exceed-projections-2-point-4-billionUnnecessary Managed Care Payments for Medicaid Recipients With Medicare (Follow-Up)
… included in our initial audit report, Unnecessary Managed Care Payments for Medicaid Recipients With Medicare (Report … (Department) made premium payments to Medicaid managed care plans for Medicaid recipients who also had Medicare …
https://www.osc.ny.gov/state-agencies/audits/2013/11/01/unnecessary-managed-care-payments-medicaid-recipients-medicare-followCity of Yonkers – Budget Review (B22-6-6)
… [read complete report - pdf] Purpose of Budget Review The purpose of our budget review was to identify issues which impact the … 2022-23 fiscal year. Tax certiorari is the legal process by which a property owner can challenge the real property tax …
https://www.osc.ny.gov/local-government/audits/city/2022/06/10/city-yonkers-budget-review-b22-6-6Government-Wide Financial Data – 2023 Financial Condition Report
… Government-wide financial statements provide a long-term view of finances. They record revenues and … core services as well as general administrative support. Business-type activities: includes activities that are … program; Grants and contributions that can only be used to pay for the operations of a particular function or segment; …
https://www.osc.ny.gov/reports/finance/2023-fcr/government-wide-financial-dataDiNapoli Urges New Yorkers to Spend Holiday Gift Cards
… State Comptroller Thomas P. DiNapoli is urging New Yorkers to make sure they spend any gift cards they received this … cards have set a new record, as they make up a growing number of the accounts being held by our Office of Unclaimed … government financial records, track state contracts, and find commonly requested data. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsDiNapoli Criticizes Ill-Conceived Presidential Executive Order
… addressing climate risk is an opportunity to develop new ideas, new technologies and a new, cleaner economy. "By …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-criticizes-ill-conceived-presidential-executive-orderPension Fund Makes Progress on Board Diversity
… factors, in its considerations when seeking diverse board candidates. GoPro agreed to amend its Nominating and … to adopt more inclusive practices in seeking board candidates." GoPro's Nominating and Governance Committee … orientation and gender identify – in identifying director candidates. As of Feb. 28, the Fund held 104,500 shares of …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversity