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DiNapoli: 22 School Districts Designated in Fiscal Stress
… the highest category – New Suffolk Common School District (CSD) in Suffolk County and Mount Vernon School District (SD) … of these districts designated in SY 2023-24 (New Suffolk CSD, Harrisville CSD, and Mount Vernon SD). Four school districts (East Ramapo …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stressDiNapoli: Local Sales Tax Collections Up 3% in November
… Local sales tax collections in New York state increased by 3% in … New York City accounting for 61.5% of the increase. “Local sales tax growth in November was a bit stronger compared to … take this into consideration when budgeting for future sales tax revenue.” In November: New York City’s collections …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberSelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… Objective To assess the extent of implementation of the five recommendations included in our initial audit … and state levels. As defined by the U.S. Department of the Treasury, financial literacy describes the skills, … To assess the extent of implementation of the five recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followDiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… Retirement Fund (Fund), has been appointed lead plaintiff in a securities fraud class action lawsuit filed against the … company’s failed software updates and resulting plummet in share value. “Crowdstrike misled investors by falsely … exposed after it caused one of the largest cyber-disasters in history leading to a worldwide shutdown and billions in …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuitWall Street Bonuses and Profits Decline in 2015
… in the financial markets,” DiNapoli said. “While the cost of legal settlements appears to be easing, ongoing weaknesses … that pre-tax profits for the broker/dealer operations of New York Stock Exchange (NYSE) member firms—the traditional measure of industry profitability—declined by nearly $1.7 billion to …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015Long Island Experienced Gains in Farms and Farmland
… “Volatile commodity prices, labor pressures and extreme weather are adding to the unpredictability of farming that is … crops and measures to mitigate the effects of extreme weather events and hard to predict changes in seasonal weather patterns. While the state has adopted programs to …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandDiNapoli: Local Sales Tax Revenue Slows in 2016
… today by State Comptroller Thomas P. DiNapoli. Overall, growth slowed from 2.6 percent in the first quarter to 0.8 … to rebound slowly, only some parts of the state are seeing growth,” DiNapoli said. “The slowdown in sales tax collection growth reflects a three-year trend. Collections trickle in …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli High-Tech is on the Rise in NYC
… High-tech is one of the fastest growing industries in New York City, growing four … Manhattan and into Brooklyn and Queens. New York City is attracting tech firms because of its unmatched quality of … Hightech is one of the fastest growing industries in New York City …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycDiNapoli Halts $24 Million in Suspicious Tax Refunds
… including personal income tax refunds. The majority of questionable returns were filed by taxpayers who claimed … on incorrect information such as fake or inflated number of dependents or understated income. Questionable personal … Reason for Stopping Tax Refund Number of Refunds Dollar Value of Refunds Taxpayer claimed ineligible refundable …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsDiNapoli: Motor Vehicle Fatalities Rise Sharply in NY
… number of vehicle miles travelled, licensed drivers, and traffic accidents have declined, according to a report … The federal and state governments have numerous safe highway efforts underway. For example, New York was allocated … million over 5 years from the federal government for the Highway Safety Improvement Program. The enacted state budget …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-motor-vehicle-fatalities-rise-sharply-nyDiNapoli: Wall Street Bonuses Edge Up in 2014
… year the industry has added jobs since 2011. "The cost of legal settlements related to the 2008 financial crisis … to regulatory changes," DiNapoli said. "The resumption of job growth in the securities industry bodes well for the … that pre-tax profits for the broker/dealer operations of New York Stock Exchange (NYSE) member firms — the …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014DiNapoli Announces $15 Million Investment in Northern Ireland
… The allocation followed an intensive analysis by 57 Stars LLC, the manager of the Fund’s $100 million Emerging Europe … investment here by a major international pension fund, a real endorsement of the maturing economic climate in Northern … of public and private equities, fixed income, real estate and alternative instruments and has consistently been …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli: 16 School Districts Designated in Fiscal Stress
… Sixteen school districts were designated in some level of fiscal stress under New York State Comptroller Thomas P. … in state aid have contributed to the declining number of school districts designated in fiscal stress. “The number of districts designated in fiscal stress remains low after …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressNew Yorkers in Need: The Housing Insecurity Crisis
… the Comptroller Having safe and adequate housing is one of the most essential necessities in our society. Beyond … national average, spiking in 2002 and 2009 after the dot-com and Great Recessions. State and federal moratoriums on … 2009, but have generally declined steadily since the dot-com recession. In 2018, New York had the 10th highest …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisDiNapoli: Cyberattack Complaints in New York Rise 53%
… 2016 to 25,112 in 2022, according to the FBI. The number of attacks targeting critical infrastructure in New York state nearly doubled to 83 in the first half of 2023 compared to 48 during the entirety of last year, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2023/10/cyberattack-complaints-in-new-york-rise-53-percentDiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
… The number of hotel rooms in New York City increased by 48 percent between 2006 and 2015, and the number of industry jobs increased by 29 percent, according to a … "The hotel industry is flourishing. A record number of tourists have flocked to New York City, fueling the …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-surge-tourism-bolsters-nyc-hotel-industryOversight of Mental Health Education in Schools (Follow-Up)
… Objective To determine the extent of implementation of the two recommendations included in our initial audit report, Oversight of Mental Health Education in Schools (Report 2020-S-63 ). … To determine the extent of implementation of the two recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/oversight-mental-health-education-schools-followBrooklyn Man Pleads Guilty in Check Theft Scheme
… announced that Gennady Galker pleaded guilty to one count of Grand Larceny in the Third Degree following an indictment that accused him of stealing checks totaling $31,149 from mailboxes in … Fund for local charities and from DiNapoli’s Office of Unclaimed Funds. “Mr. Galker stole from Brooklynites in …
https://www.osc.ny.gov/press/releases/2023/08/brooklyn-man-pleads-guilty-check-theft-schemeDiNapoli: Federal Programs Bridge Gap in Broadband Access
… The number of New Yorkers earning less than $20,000 with a broadband … Comptroller Thomas P. DiNapoli. “The critical importance of high-speed internet access became abundantly clear during … and Jobs Act. Under the ACP, households at or below 200% of the Federal Poverty Level are eligible for up to a $30 …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-accessDiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… today by State Comptroller Thomas P. DiNapoli. By the end of audit fieldwork, about $2.4 million of the overpayments were recovered. “New York’s Medicaid … than 50,000 state contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpayments