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New York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… Congress and the Biden Administration negotiate the next federal relief and stimulus package in response to the … be affected by decisions on specific uses and timing of federal stimulus funds. Comptroller DiNapoli Releases … pandemic, including higher than expected personal income tax collections and the prospect of significant aid from the …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021CUNY Bulletin No. CU-674
… Part Time Percentage, Action/Reason and Increment Code. Tax information These monies are taxable income, will be … gross and will be reported on the employee’s Form W-2. Deduction Information for Inactive Employees All general … Flat Rate 582 CUNY SS/Med Deficiency 603 TIAA Before Tax Arrears 604 GARNSH TIAA After Tax Arrears Garnishments …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-674-2018-2020-professional-staff-congress-psc-retroactiveSUNY Bulletin No. SU-145
… page using the Action/Reason code of Pay Rate Chg/APS . Deduction Processing For CAL employees: All deductions will … health insurance effective 6/12/08. Agencies must cancel tax sheltered annuities, federated funds, maintenance …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-145-procedures-processing-suny-2008-summer-session-paymentsDiNapoli: MTA Faces Worst Financial Crisis in History
… in its long history, with few viable options without federal funding to avoid cuts in service and staff, … or New York City, the MTA desperately needs an influx of federal funds or unheard of service cuts and workforce … months of the pandemic, the MTA received $4 billion in federal assistance. And it has budgeted for $3.9 billion in …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyDiNapoli: Tax Cap Remains at Two Percent for 2020
… for the 2020 fiscal year, according to State Comptroller Thomas P. DiNapoli. This figure affects the tax cap calculations for …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-tax-cap-remains-two-percent-2020DiNapoli: Tax Cap Remains Below One Percent in 2017
… Property tax levy growth for local governments will be capped at 0.68 … P. DiNapoli. The latest inflation figure affects the tax cap calculations for local governments that operate on a … limited growth for property taxes to stay within the tax cap,” said DiNapoli. “Low inflation has positive effects …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-tax-cap-remains-below-one-percent-2017DiNapoli Finds Slow Property Tax Growth for Local Governments
… on Local Governments . The report found that property tax levy growth has slowed over the past several years, from … of this occurred even before the enactment of the 2011 tax cap law, which limits tax levy increases to the lesser of 2 percent or the rate of …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-finds-slow-property-tax-growth-local-governmentsDiNapoli: Local Sales Tax Collections Jump for Third Year
… Local sales tax collections continued to climb in 2018, growing for the … billion grew by $872 million, or 5.3 percent. “Local sales tax collections grew at a faster pace in 2018 than in recent … collection growth in the fourth quarter shows that sales tax revenue can be unpredictable. Local officials should keep …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-local-sales-tax-collections-jump-third-yearDiNapoli: 2015 Sales Tax Collections Drop in 30 Counties
… Annual local sales tax collections declined in 30 of the 57 counties outside of … increase of $487 million. “The unpredictability in sales tax collections continues to have financial ramifications for … lines,” said DiNapoli. “With little to no growth in sales tax collections, most counties have exercised additional …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-2015-sales-tax-collections-drop-30-countiesDiNapoli: Local Sales Tax Collections Grew 5.1% in November
… according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.81 …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-sales-tax-collections-grew-5-point-1-percent-in-novemberOversight of New York State Forest Tax Programs (Follow-Up)
… of implementation of the two recommendations included in our initial audit report, Oversight of New York State Forest Tax Programs (Report 2020-S-51 ). About the Program … after the issuance of this report to provide information on any actions planned to address the unresolved issues …
https://www.osc.ny.gov/state-agencies/audits/2023/12/05/oversight-new-york-state-forest-tax-programs-followDiNapoli: Local Sales Tax Collections Increased by 4% in August
… Local sales tax collections in New York state grew by 4% in August … million compared to the same time last year. “Local sales tax collections in August continue a pattern of moderate … had the largest decline at 7.7%. These monthly sales tax collections are from the cash distributions made to …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-local-sales-tax-collections-increased-4-augustDiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… grew by a more modest 1.5% and 1.1%. Modest Increase for NYC: New York City’s collections moderated in the second …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterDiNapoli: Local Sales Tax Collections Up Slightly in May
… Local sales tax collections in New York state increased by 1.1% in May … compared to last year. “Modest growth in local sales tax collections could be challenging for local officials … experienced the strongest growth at 7.2%. Monthly sales tax collections are from the cash distributions made to …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-local-sales-tax-collections-slightly-mayDiNapoli: Local Sales Tax Collections Up 7% in First Quarter
… at 4.8%. Report First Quarter Sales Taxes Related Report NYC Taxable Sales and Purchases: Resilient Amid Economic …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-7-percent-first-quarterDiNapoli: Municipalities Facing Slow Growth in Sales Tax Collections
… Local sales tax collections showed sluggish growth in 2016 compared to … to New York State Comptroller Thomas P. DiNapoli. "Sales tax collections are a crucial, yet unstable source of revenue … DiNapoli’s report include: Regionally, the strongest sales tax growth in 2016 was in the Mid-Hudson Valley with a 2.9 …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-municipalities-facing-slow-growth-sales-tax-collectionsDiNapoli: January Local Sales Tax Collections Down 5.9 Percent
… Local government sales tax collections statewide were down 5.9 percent in January … only area in the state that experienced growth in sales tax collections for January, at 1.7 percent. Declines in the … State Department of Taxation and Finance reconciles sales tax collections at the end of each calendar quarter to …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-january-local-sales-tax-collections-down-5-point-9-percentSelected Controls Over the Property Tax Assessment Process (Follow-Up)
… our initial report, Selected Controls Over the Property Tax Assessment Process ( 2015-N-1 ). About the Program The … non-taxable properties every five years. There are four tax classes for property in New York City: Class 1 covers …
https://www.osc.ny.gov/state-agencies/audits/2020/01/06/selected-controls-over-property-tax-assessment-process-followTown of Sardinia – Tax Relief Rebate Program (2014M-189)
… of Audit The purpose of our audit was to review the Town’s tax relief rebate program for the period August 1, 2013 … amount of fund balance and established by local law a tax relief rebate program in 2013 to provide property owners with a one-time property tax relief payment. Budgeted appropriations for 2014 total …
https://www.osc.ny.gov/local-government/audits/town/2014/11/14/town-sardinia-tax-relief-rebate-program-2014m-189DiNapoli: Local Sales Tax Collections Up 3.8% in August
… Local sales tax collections in New York state increased by 3.8% in August … up $68 million year over year. “Growth in local sales tax collections improved in August, year over year, after … encouraging, local officials must keep in mind sales tax revenues can be volatile and budget cautiously.” In …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-local-sales-tax-collections-3-point-8-percent-august