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DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… “The plan also addresses $1.2 billion in recurring risks my office previously raised. Still, more can be done to …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusAdministration of the Contract With the Postgraduate Center for Mental Health
… Purpose To determine whether the Office of Mental Health (OMH) is effectively … reimbursement. At the end of each contract year, OMH reviews the reported data on the CFR for reasonableness, and … corrective actions were actually taken. Expand desk reviews of provider CFRs to include reviews, on a sample …
https://www.osc.ny.gov/state-agencies/audits/2016/12/30/administration-contract-postgraduate-center-mental-healthUpdate on New York’s Unemployment Insurance Trust Fund: Challenges Continue
The devastating job losses caused by the COVID-19 pandemic led to a record number of unemployment insurance (UI) claims in New York, necessitating borrowing from the federal government beginning in May 2020.
https://www.osc.ny.gov/files/reports/pdf/update-unemployment-insurance-trust-fund.pdfNew York State’s Aging Prison Population: Share of Older Adults Keeps Rising
… safe and efficient operation of the corrections system in New York State is critically important to protecting public … more significance, individuals who were at least 50 years old comprised 24.3 percent of the State’s total prison …
https://www.osc.ny.gov/reports/new-york-states-aging-prison-population-share-older-adults-keeps-risingState Comptroller DiNapoli Statement on New York City Preliminary Budget
… creates a risk to balanced budgets in the coming years. My team is analyzing the budget and will issue an analysis …
https://www.osc.ny.gov/press/releases/2025/01/state-comptroller-dinapoli-statement-new-york-city-preliminary-budgetDiNapoli Releases August State Cash Report
… earlier. These receipts were $272.4 million lower than the latest projections made in August but $110.6 million higher … million). All Funds spending was $850.5 million below the latest projections, and $1.8 billion below initial … on 130,000 state contracts, visit Open Book New York . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-releases-august-state-cash-reportDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
… retiring the week of July 30 after six years of service. "My thanks go to Vicki Fuller, during whose tenure the Fund … public employees, retirees and their beneficiaries." "My gratitude goes to Comptroller DiNapoli for his trust and …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundDiNapoli Urges Parents to Open a College Savings Account for Their Children
… New York State’s 529 College Saving Program has helped New York residents pay for more than $230 million in college-related expenses in …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-urges-parents-open-college-savings-account-their-childrenThe Increasing Threat of Identity Theft
… to file a false UI claim. “If someone tried to use my name,” he said, “everybody’s at risk.” 17 As of late April …
https://www.osc.ny.gov/reports/increasing-threat-identity-theftDiNapoli: Small Businesses Generate $950 Billion in New York
… Small businesses are a vital part of New York state’s economy, supporting nearly 3.9 million jobs …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkDiNapoli Report Examines Troubling Child Poverty Trends
… with so many others in New York State – is a failure of public policy. We cannot afford the cost, morally or … can impact a child’s long-term ability to be successful in school. Children that fall behind in school are less likely to complete high school and college, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-report-examines-troubling-child-poverty-trendsInflation in the New York City Metropolitan Area
… by 8.5 percent nationally and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaXI.2.C Contract Funds Reservation – XI. Procurement and Contract Management
… with contract line(s) that have been marked “Include for Release”, the SFS will systematically create and/or update a … must be reduced to the expended amount, which will then release the funds reservation. No further action is required …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2c-contract-funds-reservation-overviewIX.5 Federal Billing & Invoicing – IX. Federal Grants
… Once an agency’s Customer Contract, Grant Award, Project, and Activities have been established in SFS and Project Budgets are created, agencies are able to start … Control of this Guide for details on this setup. At least one Federal fund must be set up in the Project Budget Control …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix5-federal-billing-invoicingDiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves
… state's 160,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reservesState Comptroller Thomas P. DiNapoli Statement on NYC's FY 2025 Preliminary Budget
… New York State Comptroller Thomas P. DiNapoli released the following statement on New York City's Fiscal Year (FY) … balance can be achieved through targeted cost savings and continued economic growth, which requires vigilant … budget management. “Until the federal government steps up with sustainable policy changes and funding to address the …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-thomas-p-dinapoli-statement-nycs-fy-2025-preliminary-budgetDiNapoli Releases October State Cash Report
… same period. Significant increases include spending for public health programs (up $1.4 billion largely because of … DiNapoli has created several tools to allow the public to better track government spending, contracts and …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … in its adopted budgets by about 9 percent over the past three years. As a result, a significant portion of the …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-1Medicaid Program – Improper Payments of Medicare Buy-in Premiums for Ineligible Recipients
… Objective To determine if Medicaid made improper Medicare premium payments on behalf … for deceased individuals, as warranted. … To determine if Medicaid made improper Medicare premium payments on behalf …
https://www.osc.ny.gov/state-agencies/audits/2021/11/29/medicaid-program-improper-payments-medicare-buy-premiums-ineligible-recipientsDiNapoli: Growth in Local Sales Tax Collections Slowed in 2024
… risks and potential changes at the federal level, calls for careful budgeting on the part of local officials to … of 2.8% in 2024 outpaced the rest of the state (0.6%) for the third consecutive year. Growth in the city’s … the number of tourists, which nearly matched 2019 levels for the first time since the pandemic. Aggregate county …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-growth-local-sales-tax-collections-slowed-2024