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DiNapoli Announces Latest Fiscal Stress Scores With Analysis of 10 Years of Fiscal Monitoring System Data
… local governments that triggered a fiscal stress indicator score was down for all five categories from fiscal year 2021 … balance in 2022 was 6.9%, down from 7.5% in 2021. Nearly 90% of all local governments that have received a fiscal … up from 121 in fiscal year 2013 to 209 in 2022. When a municipality doesn’t file, it leaves local officials and …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-latest-fiscal-stress-scores-analysis-10-years-fiscal-monitoring-system-dataDiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… and quality of life improvements remains pivotal to the community’s long-term success.” Despite the impact of the … and the efficacy of our collective efforts during trying times. Despite the severe challenges posed by the pandemic, … additional analysis on the Hunts Point Food Distribution Center and follows the Comptroller’s Bronx reports from June …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesAccidental Death Benefit Extender
… Death Benefit after the death of a member of the New York State and Local Retirement System or the New York State and Local Police and Fire Retirement System … Death Benefit after the death of a member of the New York State and …
https://www.osc.ny.gov/legislation/accidental-death-benefit-extenderState Comptroller DiNapoli Releases Municipal Audits
… Terryville Fire District . "In today’s fiscal climate, budget transparency and accountability for our local … reviews the monthly bank reconciliations, cash summary and budget status reports provided by the treasurer, but does not … and information on 130,000 state contracts, visit Open Book New York . The easy-to-use website was created to …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… not develop realistic budgets for its four major operating funds. This resulted in operating surpluses which contributed … fund without clear plans for the use of these accumulated funds. Town officials have identified potential uses for the funds including needed repairs at the highway garage or road …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… President Ruben Diaz Jr. will help raise awareness about unclaimed funds across the borough. It’s your money, come and get it. … Bronx residents to make the effort to track down their unclaimed money from the more than $244 million in unclaimed …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyState Agencies Bulletin No. 1140
… Purpose To inform agencies of new Earnings Codes to be used by the NYS Department of Civil … of 2011 which implemented agreements between the State of New York and CSEA, PEF, and MC and a subsequent plan by DCS, … Reduction Plan. OSC Actions OSC has established two (2) new earnings codes to process these transactions. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1140-new-york-state-health-insurance-plan-nyship-opt-out-paymentsState Agencies Bulletin No. 1100
… Purpose To inform agencies of the new Earnings Codes to be used by the NYS Department of Civil … or who later elect to enroll their same-sex spouse in the New York State Health Insurance Plan (NYSHIP) Effective … marriages, whether or not the marriage took place in New York State. The Marriage Equality Act impacts the State …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1100-new-imputed-income-earnings-codes-health-benefits-provided-marriedDiNapoli Releases Economic Report on the Bronx
… The COVID-19 pandemic hit the Bronx harder than any other borough … years. “More than a year of sustained damage caused by the COVID-19 pandemic has taken a toll on the Bronx, throwing it … the serious damage it has sustained.” “Prior to the COVID-19 pandemic, The Bronx had record low unemployment and …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-releases-economic-report-bronxDiNapoli Calls on Major Corporations to Conduct Racial Equity Audits
… an independent audit of companies’ practices related to racial equity. The proposals were filed at Chipotle … of other Black men and women, corporations pledged to fight against racial injustice. Many companies have taken steps to back their promises, but many have not,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-major-corporations-conduct-racial-equity-auditsFederal Receipts – Federal Funding and New York
… Federal funding is a significant part of New York State’s Budget: In State Fiscal Year (SFY) 2025, … during the COVID-19 pandemic. Beginning in SFY 2021, New York State financial plans indicate that $62.2 billion in … Fiscal Recovery Fund was expected to flow through the New York State Financial Plan. According to DOB, the State …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-receiptsDiNapoli: Local Sales Tax Collections Drop for Second Quarter of 2020
… Sales tax revenue for local governments in New York state dropped 27.1 percent in the second quarter compared to the same period last year, according to State Comptroller … which was $1.2 billion less than last year. Collections for the month of June showed some improvement in most …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-local-sales-tax-collections-drop-second-quarter-2020DiNapoli: Systemic Oversight Deficiencies Put Thousands of Mitchell-Lama Affordable Housing Units at Risk
… and prolonged vacancies, leaving thousands of affordable apartments at risk or unoccupied. “Too often, serious … action on our recommendations is needed to address the many issues these audits found and safeguard one of New … who wish to move into these developments, because that's how serious our city's housing crisis has become. This report …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-systemic-oversight-deficiencies-put-thousands-mitchell-lama-affordable-housing-units-riskDiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… bonuses returned to pre-pandemic levels, which will mean a decline in related income tax revenue, as anticipated … said. “A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic. … tax revenues for the state and city, our economic recovery does not depend solely on Wall Street. Employment in leisure …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsDiNapoli: Local Sales Tax Collections Up 3% in November
… of the increase. “Local sales tax growth in November was a bit stronger compared to the 1.9% year-to-date increase,” …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberState Agencies Bulletin No. 1698.1
… Purpose: To provide agencies with instructions for the new Time Entry earnings codes to be used for reimbursement of … NOTE: Moving expense reimbursements are not subject to New York State or Local withholding taxes. Starting January … incurred by eligible State employees, and eligible new appointees to a department or agency of the State, in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/16981-new-payroll-process-and-new-time-entry-codes-payment-moving-expenseState Agencies Bulletin No. 1844
… CSEA, DC-37 and PEF employees eligible for job rate status credit between 04/02/2020 and 10/01/2020 and to provide … Code 8810 to represent October 2020 cycle job rate credit for the following: Employees credited with job rate … new increment code 8810 to indicate an employee’s job rate credit or adjusted job rate credit effective on or after …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1844-new-increment-code-representing-job-rate-status-october-2020-cycleSavings Programs: NY 529 and NY ABLE
… Plan component of the college savings program with the New York State Higher Education Services Corporation. He is … if used for qualified educational expenses. If you're a New York State taxpayer, you can also benefit from the state … way to prepare for that expensive college education.” – New York State Comptroller DiNapoli NY ABLE Program The NY …
https://www.osc.ny.gov/savingsDiNapoli: 2023 Wall Street $34 Billion Bonus Pool Relatively Flat Over 2022
… from the previous year’s average of $180,000, according to New York State Comptroller Thomas P. DiNapoli’s annual … should not overshadow the broader economic picture in New York, where we need all sectors to enjoy full recovery … to the prior year. DiNapoli projects the 2023 bonuses in New York City’s securities industry will generate $4 million …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-2023-wall-street-34-billion-bonus-pool-relatively-flat-over-2022Federal Spending by Major Funding Streams and Functions – Federal Funding and New York
… share of federal receipts – an estimated 87 percent in SFY 2026 – supports health and human services programs. … providing assistance to New Yorkers include the Low Income Home Energy Assistance Program and meals for school …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-spending-major-funding-streams-and-functions