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DiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… return faster than the MTA projects, or if new sources of revenue are not found, rising debt payments could force the … cuts, greater than planned fare hikes, or delays to capital projects, the report concludes. “The MTA’s finances … for operating costs and put off paying down its debt for capital projects may save money in the short-term, but those …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnStart Saving for Retirement
… when saving for retirement—can have a huge impact on your later years and your financial security during … stool with three sources of income working together to help support you when your working days are done: Your … impact calculator may be a helpful tool to see how changes to your contributions may affect your take-home pay. …
https://www.osc.ny.gov/retirement/members/saving-for-retirementDiNapoli: Jackson Heights Economy Energized By Immigrants and Small Businesses
… from the recessionary peak of 10.3 percent in 2010 to 4.2 percent in 2017, lower than the rate in Queens (5.2 … Melinda Katz . “The hard work and entrepreneurial spirit of our immigrant population helps make Jackson Heights … Heights). “ I hope that we can continue to build on these successes while addressing worrisome issues, …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-jackson-heights-economy-energized-immigrants-and-small-businessesDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… New York state ranked first nationwide in nonprofit jobs and … Given the ongoing challenges facing many nonprofits in New York, it’s important that we develop a better … for the first time earlier this year. Nonprofit groups in New York showed employment growth of 5.6 percent from 2007 to …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsNY State Comptroller DiNapoli Calls on Companies to Adopt Better Workers' Rights Policies
… New York State Comptroller Thomas P. DiNapoli today announced a series of shareholder proposals … bargaining rights. The proposals were filed with Walmart Inc., CVS Pharmacy Inc., Netflix Inc., DoorDash Inc. and … and workforce practices, which includes independent contractors who have advocated for better compensation and …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-calls-companies-adopt-better-workers-rights-policiesAccounting for Capital Projects
Dealing with capital projects is often a source of confusion for local officials. In this session, we will review some of the important steps in planning a capital project and focus on proper accounting treatment.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-capital-projects-071724.pdfState Comptroller DiNapoli Releases Municipal & School Audits
… track, inventory and safeguard IT assets acquired or in use during the audit period. Although the board-adopted … inventory was decentralized with multiple individuals and a service provider maintaining inventory records, which … which water outlets they exempted from sampling and how they would be secured, and what remedial actions were …
https://www.osc.ny.gov/press/releases/2025/07/state-comptroller-dinapoli-releases-municipal-school-auditsFacilitated Programs to Assist Small Businesses
… the New York City Department of Small Business Services (SBS) provided available services under programs to small … period from July 2019 to November 2023. About the Program SBS' mission is to help “unlock economic potential and create … building thriving neighborhoods across the five boroughs.” SBS contracts with outside entities known as Industrial …
https://www.osc.ny.gov/state-agencies/audits/2026/04/10/facilitated-programs-assist-small-businessesOffice of Mental Health Oversight of Supportive Housing Programs, May 2017
Finding and maintaining stable, affordable housing is a concern for many New Yorkers.
https://www.osc.ny.gov/files/reports/special-topics/pdf/housing-mental-health-2017.pdfOversight of Homeless Shelters (Follow-Up)
… an inspection. The objective of our initial audit, issued on March 10, 2020, was to determine if OTDA had adequately … excessive garbage in rooms, and missing or malfunctioning smoke detectors. Discrepancies between OTDA’s shelter inventory and …
https://www.osc.ny.gov/state-agencies/audits/2025/07/14/oversight-homeless-shelters-followAccount Codes for ERS & TRS Reserve Contributions Bulletin
The purpose of this bulletin is to provide updated account code guidance for school districts recording contributions to ERS and TRS.
https://www.osc.ny.gov/files/local-government/publications/pdf/ers-trs-reserve-bulletin.pdfDiNapoli and Heather Briccetti Mulligan Op-Ed: NY's Tax Base Dips with Population
… the financial sector . New York State’s finance and insurance sector makes up 5% of the state’s employment, yet … or 16% of the 2022 total. The average earnings for these jobs are three times higher than the statewide average for … elsewhere in the economy. Job growth across finance and insurance subsectors has been stronger nationally than in New …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-and-heather-briccetti-mulligan-op-ed-nys-tax-base-dips-populationIX.6.C Automated Standard Application for Payments (ASAP) – IX. Federal Grants
… Automated Standard Application for Payments (ASAP) is an all-electronic payment … Automated Standard Application for Payments ASAP is an allelectronic payment and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix6c-automated-standard-application-payments-asapDiNapoli: State Pension Fund Posts Strong 11.94% Annual Return, Closes at Record High of $295.4 Billion
… turbulence out of Washington,” DiNapoli said. “Under my watch, our diversified, disciplined investment strategy … the Fund’s long-term fiscal health. While annual returns can fluctuate with market conditions, the Fund continues to … assessment of how the Fund is being managed and where improvements could be made. Weaver’s review found: The …
https://www.osc.ny.gov/press/releases/2026/05/dinapoli-state-pension-fund-posts-strong-11-point-94-percent-annual-return-closes-at-record-high-295-point-4-billionDiNapoli Releases Economic Snapshot of Staten Island Highlighting Borough's Resilience and Progress
… Staten Island is setting population, business and employment … "Jobs and businesses have reached record levels on Staten Island, spurred by reconstruction, new development and a … leisure and hospitality sector," DiNapoli said. "Staten Island's recovery from Superstorm Sandy demonstrates the …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-releases-economic-snapshot-staten-island-highlighting-boroughs-resilience-and-progressAttorney General James and Comptroller DiNapoli Announce Guilty Verdict of Former Mount Vernon Government Official in $365,000 Corruption Scheme
… (B felony) Defrauding the Government (E felony) Offering a False Instrument for Filing in the First Degree (E felony) – 3 Counts Offering a False Instrument for Filing in the Second Degree (A … to the law firms, including memorandums containing false statements. The trial took place in Westchester County …
https://www.osc.ny.gov/press/releases/2019/12/attorney-general-james-and-comptroller-dinapoli-announce-guilty-verdict-former-mount-vernonDiNapoli Releases Sunset Park Economic Snapshot
… of jobs and businesses, and the wages being paid in Sunset Park, Brooklyn are all growing at a rapid pace, according to … York State Comptroller Thomas P. DiNapoli. “Greater Sunset Park is undergoing an economic revival,” DiNapoli said. … across the city, growth brings new challenges. Sunset Park is a dynamic and diverse neighborhood that continues to …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-sunset-park-economic-snapshotMohawk Valley Faces Challenges But Bright Spots Exist
… (MVCC) – and a downtown district that is home to a minor league professional hockey team and a recently renovated …
https://www.osc.ny.gov/press/releases/2018/07/mohawk-valley-faces-challenges-bright-spots-existAuditors Find Safety Hazards at Pre-K Facilities in New York City
… location, bleach was accessible to the children in the laundry room. During site visits to the seven contracted …
https://www.osc.ny.gov/press/releases/2019/06/auditors-find-safety-hazards-pre-k-facilities-new-york-cityDiNapoli Report Tracks MTA's Shifting Revenue Streams
… in paid ridership since the pandemic and economic changes have contributed to significant shifts in those streams of … provides analysis of the components of these sources that have been significantly impacted by altered patterns of … 31%. While certain revenue sources associated with driving have recovered and even grown since 2019, transit-based …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streams