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DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… Wall Street’s profits were strong in the first half of 2015 at … curtail hiring to bolster profits. We’re hopeful that Wall Street’s robust first half will result in a good year. The … pace to add another 4,500 jobs in 2015 before the recent market downturn. Despite these gains, the securities industry …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… a balanced budget for FY 2016 with relatively small gaps in the following three years, according to a review of the … and a major source of tax revenue, added 2,300 jobs in 2014 (the first job gains since 2011) and is on pace to … needs averaging nearly $1.3 billion annually beginning in FY 2016. To its credit, the city has resumed the process …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli Report Tracks MTA's Shifting Revenue Streams
… followed this trend, especially on commuter rails which is near pre-pandemic levels. Drivers paid 9% of MTA’s tax and … area in MTA revenues is increased reimbursement from the city for MTA paratransit from $213 million in 2019 to $526 … standing. Report What MTA Operating Revenue Trends Tell Us About Its Fiscal Recovery Related Work Fare Revenue …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today … all their mandated annual inspections. City University of New York (CUNY): Central Office: Controls Over Bank Accounts … Corporation (FDIC) limit of $250,000. City University of New York: Medgar Evers College (MEC): Controls Over Bank …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-releases-auditsDiNapoli & Schneiderman Reach $10.75 Million Oil Spill Settlement With ExxonMobil
… settlement with Exxon Mobil Corporation and ExxonMobil Oil Corporation, individually and as successors-in-interest to Mobil Oil Corporation and Mobil Corporation, to reimburse the New … settlement with Exxon Mobil Corporation and ExxonMobil Oil Corporation to reimburse the NY Environmental Protection …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-schneiderman-reach-1075-million-oil-spill-settlement-exxonmobilDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… tiers. Payments based on the new rates are due by Feb. 1, 2026, but employers receive a discount if payment is made by …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26Cost-Saving Ideas: How to Reduce Energy Costs
… of the day. Install light timers or motion sensors in low-traffic areas. Replace incandescent bulbs with compact … bulbs to reduce lighting energy use by 75 percent. Replace traffic lights with more energy efficient models. Use Energy … weather stripping. Use programmable thermostats to raise air conditioner settings and lower heating settings. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-how-reduce-energy-costsDiNapoli: Participation in New York's 30% School Lunch Reimbursement Program Can Be Increased With Improved Administration
… and Markets’ (Ag & Markets) initiative to reimburse school districts at a higher rate if at least 30% of the costs for lunch is … by State Comptroller Thomas P. DiNapoli. “The 30% New York school lunch program has an excellent goal, to provide … of Agriculture and Markets initiative to reimburse school districts at a higher rate if at least 30 of the costs …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-participation-new-yorks-30-school-lunch-reimbursement-program-can-be-increased-improvedState Comptroller DiNapoli Releases Municipal & School Audits
… board did not ensure all goods and services were procured in compliance with state law, district policies or in the best interest of taxpayers. The board did not oversee … not reconcile the three interest-bearing savings and money market accounts. The treasurer did not provide the board with …
https://www.osc.ny.gov/press/releases/2025/11/state-comptroller-dinapoli-releases-municipal-school-audits-0DiNapoli: NYC's Miscellaneous Revenues Experience Slow Growth Post Pandemic
… the City Council authorized the installation of speed cameras in 750 school zones. In 2022, the cameras began operating 24 hours-a-day and in 2024, the city … the latest available year, the city issued 5.6 million speeding tickets in school zones, up from 4.7 million in FY …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-nycs-miscellaneous-revenues-experience-slow-growth-post-pandemicDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… Budget gaps during FY 2024 through FY 2026 will average about $2.7 billion, an amount that has proven manageable … of general and capital reserves, budget gaps will average about $1.4 billion, or less than 2% of city fund revenue, in … by FY 2026, with tax offsets bringing the net risk to about $2.1 billion. Unforeseen risks to economic, revenue and …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusState Comptroller DiNapoli Releases Audits
… errors when tagging items. New York Power Authority: Real Property Portfolio (Follow-up) (2017-F-16) A prior audit found NYPA did not include all of its property in the reports it submits to the state and posts on … not been consistent in how it reports disposals of real property. NYPA does not regularly review its real estate …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-releases-auditsNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… billion increase to the New York State Common Retirement Fund's (Fund) low emissions equities index, doubling its investment. The Fund was the first public pension fund in the U.S. to create … increase to the New York State Common Retirement Funds Fund low emissions equities index doubling its investment …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, down 56.3% … $31 billion earned in the same period last year, according to State Comptroller Thomas P. DiNapoli’s annual report on … Wall Streets pandemic boom came to an end in 2022 with pretax first half profits of $135 …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsTown of Freetown - Records and Reports (2018M-213)
… reports. The bookkeeper did not record all expenditures in the general and highway funds in a timely manner. The annual update document (AUD) was not filed in a timely manner for the 2017 fiscal year. Key …
https://www.osc.ny.gov/local-government/audits/town/2019/01/18/town-freetown-records-and-reports-2018m-213New York City’s Uneven Recovery: Mothers in the Workforce
… Mothers in NYC Continue to Face High Unemployment Rate as Nation’s … to mitigate the spread of the virus. Nationally, mothers in the workforce experienced a larger increase in unemployment than fathers. While New York City saw a … placed an outsized strain on parents Nationally mothers in the workforce experienced a larger increase in …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-mothers-workforceXI-A.9 Receiving – XI-A. Purchasing
… that agencies receive the goods and services they ordered in the proper condition and in accordance with the terms and conditions of the purchase agreement. The agency must complete the receiving … that agencies receive the goods and services they ordered in the proper condition and in accordance with the terms and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a9-receivingLeading the Way on Climate Investment
… critical to ensuring that the Fund is best-positioned for market changes stemming from the transition. Comptroller … approach to addressing climate risk and investing in climate solutions. This multi-faceted approach employs … efforts, DiNapoli has been recognized as a global leader in addressing climate change-related investment risks and …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentState Comptroller DiNapoli Releases Audits
… (TLD) is the last part of an Internet address, such as .com, .net, or .org. In March 2012, DoITT entered into a … in the initial audit. State Education Department (SED): E&D Children Center, Inc. – Compliance With the Reimbursable Cost Manual (2020-S-44) E&D is a New York City-based organization approved by SED to …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-releases-audits-0SEC Municipal Advisor Rule Letter
The following information is being provided by the Office of the State Comptroller (“OSC”) so that market participants may provide advice on the issuance of mun
https://www.osc.ny.gov/files/debt/pdf/municipal-advisor-rule-letter.pdf