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Opinion 89-18
… Education , supra , a school district withheld the total compensation earned by a substitute teacher for 30 days …
https://www.osc.ny.gov/legal-opinions/opinion-89-18DiNapoli: Wall Street Bonuses Rose Sharply in 2009
… today by State Comptroller Thomas P. DiNapoli. Total compensation at the largest securities firms grew even faster … on tax collections and reflects cash bonus payments and deferred compensation for which taxes have been prepaid. The … options that have not yet been realized or other forms of deferred compensation. This year’s estimated bonus pool is a …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009DiNapoli: Financial Viability of OTBs in Jeopardy
… New York’s Off-Track Betting (OTB) corporations are at risk of financial insolvency due to … an audit and research report today that found total OTB wagering is down $1.2 billion, or 24 percent, during the … to harness tracks. The Comptroller said the decline in OTB revenue has had a notable impact on distributions to …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyDiNapoli Releases Subway Ridership Dashboard
… riders have powered New York's pandemic response and are hard at work on the city's recovery,” said Danny Pearlstein, …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboardNew York’s Economy and Finances in the COVID-19 Era
… May's 14.5 percent nearly four times the 3.7 percent in February. But that rate is only one measure of the impact of … than 937,000 jobs, 20 percent of its previous total, from February through May. The COVID-19 recession has hit hard in … Disparities Emerge From the Census Data For example, while 10 percent of all U.S. adults live in households reporting …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
… feasibility analyses, according to a new audit from State Comptroller Thomas P. DiNapoli. “The New York City IDA … these tax breaks and other incentives,” DiNapoli said. “My audit found the agency needs to do a much better job in … continuing for up to 30 years. Companies have to show why they would not be able to execute their business plans …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creationDiNapoli Report Highlights Where New Yorkers Work
… was also the top employer in 2023 in every region of New York except the Southern Tier, and had an average annual wage of $65,407, 28.5% below the state average of …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workOpinion 93-21
… FIRE DISTRICTS -- Apparatus and Equipment (procedures for sale of) REFERENDUM -- Mandatory (need for to sell fire truck … of New City Jewish Center v Flagg , 111 AD2d 814, 490 NYS 560, affd 66 NY2d 980, 499 NYS2d 395; Davis v Board of …
https://www.osc.ny.gov/legal-opinions/opinion-93-21Opinion 2012-1
… owned by a member of a town board of assessment review) REAL PROPERTY TAXES AND ASSESSMENTS -- Board of Assessment … or the appointment of individuals having those functions (Real Property Tax Law, article 5, title 1-A, § 522 et seq .; … a complaint is filed with the board, in accordance with Real Property Tax Law § 523(3). … Whether a member of a town …
https://www.osc.ny.gov/legal-opinions/opinion-2012-1DiNapoli: MTA Budget Gaps Return
… budget gaps could again be on the horizon. This is a very real and troubling possibility.” The MTA’s recovery from the … Plan to its July Plan is the projected collection of real estate-related taxes, which are expected to be $790 … lower over the next four years due to lower commercial real estate activity in New York City. As revenue growth is …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnCity of Yonkers – Budget Review (B6-16-10)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the City’s proposed budget for … taxes may be underestimated, and the appropriation for police overtime may be underestimated. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/city/2016/05/19/city-yonkers-budget-review-b6-16-10NYS Common Retirement Fund Announces Third Quarter Results
… mortgages (26.8 percent), private equity (7.7 percent), real estate (6.8 percent), absolute return strategies (3.2 percent) and opportunistic and real assets (1.4 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the … more than one million members of the New York State and Local Retirement Systems (NYSLRS). As a long-term investor, …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsReStacking Occupancy Initiative
… by the State’s Savings and Government Efficiency (SAGE) Commission, which was established by the Governor in … – the cost savings expectations established by the SAGE commission and DOB. OGS has achieved about $51 million … of Interest Office of General Services: Selected Employee Travel Expenses (2012-S-92) Office of General …
https://www.osc.ny.gov/state-agencies/audits/2014/09/09/restacking-occupancy-initiativeNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … estimated value reflects benefits of $3.44 billion paid out during the quarter. Its audited value as of fiscal year … assets of the New York State and Local Retirement System on behalf of more than one million state and local government …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsComptroller DiNapoli Releases Municipal Audits
… to automatically charge fees. Town of Rensselaerville – Real Property Tax Exemption Administration (Albany County) Of … assessors did not review the exemptions calculated by the Real Property Tax System (RPTS) after they were entered by …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… along with numerous other actuarial assumptions, including wage growth, inflation, age of retirement and mortality. … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyComptroller DiNapoli Releases Municipal Audits
… member, admitted to taking almost $40,000 in grant money to use for personal expenses, pay off credit card debt … loan payments. He pleaded guilty to theft of government money and agreed to pay $39,182.92 in restitution. The matter … to more than $250. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases School Audits
… district and charter school finances and operations, my office continues to provide taxpayers the assurance that … 2012-13, the district’s unrestricted unappropriated fund balance exceeded the 4 percent statutory limit. However, the district’s fund balance has declined during this time frame as a result of …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-school-audits-1DiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… New York State Comptroller Thomas P. DiNapoli today announced that the New … remaining Fund assets by allocation are invested in cash, bonds, and mortgages (21.18%), private equity (13.64%), real …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-return