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DiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… The state’s Enacted Budget Financial Plan anticipates a dire fiscal outlook in State Fiscal Year (SFY) 2020-21 and projects sweeping budget cuts that could affect essential services provided by … The economic projections of the state Division of the Budget (DOB) that underlie the Financial Plan are in keeping …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookSmall Businesses and the Economic Recovery: Work in Progress
… in the health care and social assistance sector and 21 percent in construction in October 2021. On the other …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressDiNapoli, Sanders and Anderson Take Action to Expand Lending in Underserved Communities and Spur Economic Development
… Assemblymember Clyde Vanel, would raise the Community Bank Deposit Program (CBDP) cap from $20 million to $30 … outdated constraints, while increasing the Community Bank Deposit Program cap ensures more public funds can flow … Carlos P. Naudon, president and CEO of Ponce Bank . “We are also grateful to the Senate and Assembly …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-sanders-and-anderson-take-action-expand-lending-underserved-communities-and-spur-economicDiNapoli: Small Businesses Generate $950 Billion in New York
… Small businesses are a vital part of New York state’s … released today by State Comptroller Thomas P. DiNapoli. “Small businesses help drive New York’s economy,” DiNapoli … “From neighborhood coffee shops to start-up tech firms, small businesses account for more than half of all …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkDiNapoli and Heather Briccetti Mulligan Op-Ed: NY's Tax Base Dips with Population
… The New York Daily News today published an op-ed from New York State … The New York Daily News today published an oped from New York State …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-and-heather-briccetti-mulligan-op-ed-nys-tax-base-dips-populationDiNapoli: Small Business Growth in New York Outpaced National Average
… Employment among New York’s small businesses has increased slightly faster than the … trend from 2011 through 2016. During that time frame, small business employment rose by 9.2 percent in New York … just over half of all private sector jobs in New York. Small businesses provided more than $212 billion in payroll, …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-small-business-growth-new-york-outpaced-national-averageNew York’s Economy and Finances in the COVID-19 Era
… took a sharper hit, experiencing a decline of more than 21 percent compared to 20 percent in the City and 18.1 … change its projections of tax receipts for the full 2020-21 fiscal year in the Mid-Year Update, it revised estimates … Cash Basis Reports Report on the State Fiscal Year 2020-21 Enacted Budget Financial Plan Report on the State Fiscal …
https://www.osc.ny.gov/reports/covid-19-december-2-2020X.4 Overview – X. Guide to Vendor/Customer Management
… must update and/or correct their information through the New York State Vendor Self-Service Portal at …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4-overviewDiNapoli Issues Analysis of 2021-22 Enacted State Budget
… Year (SFY) 2021-22 is boosted by a substantial influx of new resources, totaling an estimated $26.7 billion in SFY … benefit New Yorkers. The budget will use $5.5 billion of federal aid in SFY 2021-22 and is required to use the rest by the end of 2024. Revenue actions including increases to top personal …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… March 18, 2021 Edition Economy Four Out of Five Small Businesses in NY Continue to Report a Negative Overall … year since the onset of the COVID-19 pandemic, New York’s small businesses continue to suffer, even as the economy … and employment growth resumes. Seventy-eight percent of small businesses (with less than 500 employees) surveyed …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021III.9 Provisions for 15 Day Prompt Payment Interest Eligibility – III. Statewide Financial System (SFS)
… the Statewide Financial System (SFS) electronic vendor portal. Completion of this certification will identify that … certification is removed by the vendor through this same portal. The Office of the State Comptroller reserves the … website ( https://www.osc.state.ny.us/state-vendors/portal/15-day-prompt-payments-small-businesses ) for more …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii9-provisions-15-day-prompt-payment-interest-eligibilityVillage of Nichols – Financial Condition (2013M-50)
… funded mainly from real property taxes, State aid and non-property tax distributions. Key Findings We found … expenditures of $89,500 for increased water costs and major flood damage. Because the Village has a very small tax base, and the Board did not include contingency appropriations in …
https://www.osc.ny.gov/local-government/audits/village/2013/06/07/village-nichols-financial-condition-2013m-50DiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… small businesses, the industries that were most affected, and the areas, Brooklyn and the Bronx, that saw the highest … below pre-pandemic levels. While Manhattan remained home to the largest share of city businesses at nearly 45%, … Heights North had 27% more. These neighborhoods were also home to many residents working in business services in 2019 …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli Releases Profile of New York's Small Business Owners
… P. DiNapoli. New York exceeds the nation in the share of businesses that are majority female and minority-owned; … however, they continue to represent less than one-quarter of all owners in New York state. “New Yorkers have always had … and drive, and that was no different even during some of the more difficult times of the pandemic,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-ownersDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… the second quarter of CY 2021 than any of the other five most populous counties in the nation. Approximately 10% of …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… It is in the State’s best interest to use cost effective payment methods and to avoid the expenses associated with the State’s traditional voucher payment process. State agency managers are required to develop and implement small dollar payment procedures using one of the following preferred …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesDiNapoli: Jackson Heights Economy Energized By Immigrants and Small Businesses
… their own businesses and making major contributions to the booming local economy, according to a report released today by New York State Comptroller … positive economic and cultural benefits immigration brings to our communities.” Immigrants represented 60 percent of the …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-jackson-heights-economy-energized-immigrants-and-small-businessesDiNapoli Releases Economic Report on Greater Flushing Area
… Comptroller DiNapoli and elected officials held a socially distanced press … the report. Watch a replay of the live stream . Flushing, and the surrounding neighborhoods that make up the greater Flushing area, enjoyed outsized employment and business growth from 2000 until Queens became the …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-releases-economic-report-greater-flushing-areaMedicaid Program – Accuracy of Medicaid Eligibility Determined by NY State of Health
… To determine whether NY State of Health (NYSOH, New York’s online health plan marketplace) properly sent accurate, … To determine whether NY State of Health NYSOH New Yorks online health plan marketplace properly sent accurate …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-accuracy-medicaid-eligibility-determined-ny-state-healthX.4.A Identifying Information – X. Guide to Vendor/Customer Management
… are as follows: Classification – Reflects the type of business relationship the vendor has with New York State. ( … Customers of this Chapter) Certifications – Reflects government programs for which the vendor qualifies. ( Section … certifications. For example, vendors that qualify as small businesses under the State’s prompt payment legislation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4a-identifying-information