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DiNapoli: NYC Finances Gain Stronger Footing
… for businesses and individuals, and direct federal relief to New York state, New York City and the Metropolitan … in 2021 due to better than projected income and corporate tax collections in FY 2021, driven by less severe impacts … Options and Flexibility to Face Long-Term Challenges Tax collections are expected to grow at an average annual …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-nyc-finances-gain-stronger-footingFederal Relief Aid Temporarily Reverses Trend of NY Sending More to Washington Than It Gets Back
… provided in response to the COVID-19 pandemic, boosted New York’s per capita balance of payments from Washington from …
https://www.osc.ny.gov/press/releases/2022/03/federal-relief-aid-temporarily-reverses-trend-ny-sending-more-washington-it-gets-backOpinion 95-22
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that … Firemen's Benevolent Association (use of tax moneys to purchase exercise equipment) INSURANCE LAW, §§9104, 9105: … may not expend foreign fire insurance tax moneys to purchase exercise equipment for use generally by members …
https://www.osc.ny.gov/legal-opinions/opinion-95-22DiNapoli: State's Fiscal Picture Has Improved, but Impact of Pandemic Revenue Losses Will Linger
… pandemic, including higher than expected personal income tax collections and the prospect of significant aid from the … Financial Plan, found federal aid, better than expected tax receipts, and other actions are expected by the Division … to use this to prepay debt service payments for budget gap relief in subsequent years. After that, budget gaps are …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-states-fiscal-picture-has-improved-impact-pandemic-revenue-losses-will-lingerOpinion 2000-19
… or statutory amendments that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt … the installation of a handicapped accessible elevator. In order to ensure that foreign fire insurance tax monies are used exclusively for the purposes set forth in the special act governing the association, however, if it …
https://www.osc.ny.gov/legal-opinions/opinion-2000-19Accounting for the State TAx Relief (STAR) Program
Accounting for the State TAx Relief (STAR) Program
https://www.osc.ny.gov/files/local-government/publications/pdf/star.pdfDiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19
… cash needs to come from Washington. As the crisis erupted in New York and across America, we went from the longest expansion in history to an economic freefall in a matter of weeks. Job losses have been swift and massive, …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-op-ed-newsday-urges-washington-help-governments-hurt-covid-19Opinion 91-29
Whether the Volunteer and Exempt Firemens Benevolent Association of Lakeview may expend foreign fire insurance tax moneys to pay for an eye care plan reimbursement of charges for the use of a telephone and television during a hospital stay and a gift for each active firefighter
https://www.osc.ny.gov/legal-opinions/opinion-91-29Real Property Tax Cap Information - Glossary
… increases to the average actuarial contribution rate of pension funds over 2 percentage points from PFY's …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-information-glossaryOpinion 91-59
… member of association to receive benefits); (use of money for retirement and death benefits) INSURANCE LAW, §§9104, 9105: The … use such moneys as follows: Such taxes shall only be used for the care and relief of disabled or indigent volunteer and …
https://www.osc.ny.gov/legal-opinions/opinion-91-59New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… a Negative Overall Impact From COVID-19 One year since the onset of the COVID-19 pandemic, New York’s small … York. Note amounts for the five counties of New York City do not include $4.3 billion directly allocated to the City. … $6 billion budgeted, the Executive Budget is opaque about how these federal funds will be used, as explained in greater …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021Opinion 97-4
… of the death of his or her spouse. February 14, 1997 Thomas Trousdell, President Volunteer & Exempt Firemen's …
https://www.osc.ny.gov/legal-opinions/opinion-97-4Real Property Tax Levies, Taxable Full Value and Full Value Tax Rates - Tax Levies and Tax Rates for 2012 and Prior Years (overlapping real property tax tables)
Tax Levies and Tax Rates for 2012 and Prior Years overlapping real property tax tables
https://www.osc.ny.gov/local-government/data/real-property-tax-levies-taxable-full-value-and-full-value-tax-rates-tax-levies-and-tax-rates-2012-andReal Property Tax Cap - School Districts Guidance
… assessments/tax rolls which exempted from taxation certain property owned by LIPA. In these instances, the first line of … post-audit review. Issued: February 18, 2016 … Real Property Tax Cap School Districts Guidance …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidanceReal Property Tax Cap: Overview of the Role of the Office of the State Comptroller
… The State’s property tax cap limits the amount of property taxes that local governments and school districts … to submit any information necessary to calculate their property tax caps to the State Comptroller for the coming …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-overview-role-office-state-comptrollerReal Property Tax Exemptions Administration (2017-MR-4)
… town assessors were properly administering select real property tax exemptions for the period January 1, 2016 through December 31, 2016. Background All real property in New York is subject to taxation unless specific …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2018/04/13/real-property-tax-exemptions-administration-2017-mr-4DiNapoli Op-Ed in Crain's New York Business
… on the need for greater transparency and accountability in budgeting for the use of federal relief funds. The full … received more money than they sent to Washington, D.C., in taxes in federal fiscal year 2020. It was true even for New York, …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-businessState Comptroller DiNapoli Statement on New York City Financial Plan
… "New York City’s November 2021 Financial Plan modification … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-planProperty Tax Cap: Local Government Property Tax Cap Formula Presentation
Property Tax Cap Local Government Property Tax Cap Formula Presentation
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/formula.pdfVolunteer Firemen’s Benevolent Association of North Tonawanda – Foreign Fire Insurance Tax Moneys (2014M-208)
… Association’s use and reporting of foreign fire insurance tax moneys for the period January 1, 2013 through April 28, … the Association received $65,878 in foreign fire insurance tax moneys and spent $53,322 of these funds on membership …
https://www.osc.ny.gov/local-government/audits/city/2014/10/31/volunteer-firemens-benevolent-association-north-tonawanda-foreign-fire-insurance-tax