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New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s … restaurant employment in the City has been hit especially hard; New York City’s economy is heavily reliant on the … DiNapoli commented: “The consequences of the pandemic will be with us for a long time and federal funds have been …
https://www.osc.ny.gov/reports/covid-19-february-3-2021Selected Controls Over the Property Tax Assessment Process
… percentage is 45 percent. DOF Property Division (Property) assessors input data into DOF’s Computer Assisted Mass … and perform valuation calculations. For co-ops and condos, assessors can select comps contained in CAMA. Once CAMA … considered when valuing a property. In certain instances, assessors did not use all of the comps selected by Property’s …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… Tax collections for State Fiscal Year (SFY) 2023-24 totaled $106.4 billion, over $2 billion … for SFY 2023-24 were $5.2 billion lower than the previous year, due, in part, to a decline in Personal Income Tax (PIT) … middle-class tax rates and lower payments related to tax year 2022 annual returns. “With an economy that performed …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli: Extreme Weather and Disaster Response Costs Rise in NY
… Oceanic and Atmospheric Administration (NOAA), the Federal Emergency Management Agency (FEMA), and the National Flood Insurance … – MTA Bridges & Tunnels, MTA Bus Company, and New York City Transit-Department of Buses: Risk Assessment and …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-extreme-weather-and-disaster-response-costs-rise-nyContract Participation of Minority- and Women-Owned Business Enterprises
… established annual participation goals for minority- and women-owned business enterprises; met these goals; and accurately reported its results to the Department of … New York State Executive Law (Law) requires State agencies and public authorities to promote the participation of …
https://www.osc.ny.gov/state-agencies/audits/2015/09/10/contract-participation-minority-and-women-owned-business-enterprisesState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … process and exceeded its authority under New York State Town Law by authorizing insurance claims and annual … creation and retention numbers were not verified. Track state and local government spending at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-auditsReport on the State Fiscal Year 2012-13 Enacted Budget, June 2012
New York is embarked on a new era of State and local fiscal policy.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-2012-13.pdfNew York’s Economy and Finances in the COVID-19 Era
… to workers eligible for the traditional program. With little progress toward further stimulus and relief … Fund (CRF), has remained approximately $3.8 billion with little change since mid-October pending further action by the …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… has asked the Kroger Company supermarket chain and Zoom Video Communications, Inc. to publicly disclose this data to …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusionDiNapoli: State Tax Receipts Remain Above Budget Division Projections Through Mid-Year
… than financial plan estimates from the Division of Budget (DOB), according to the monthly State Cash Report released by … in 2025. PIT receipts were $756.5 million above DOB’s financial plan projections. Year-to-date consumption … the same period last year, and $253.4 million higher than DOB anticipated. Sales tax receipts, the largest share of …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-state-tax-receipts-remain-above-budget-division-projections-through-mid-year30% New York State Initiative
… and Markets is adequately administering the 30% New York State Initiative to ensure that New York State food products are provided to children as part … period from July 2022 through June 2025. About the Program New York State households with children have experienced the …
https://www.osc.ny.gov/state-agencies/audits/2025/10/16/30-new-york-state-initiativeState Contract and Payment Actions in July
… to Aurora of Central New York, Inc. for a pre-college program to assist those who are legally blind. $1.3 million … $4.7 million to Buffalo Bills, Inc. for working capital, capital improvements, and game day operations. $3 … for administration and support services for the Photonics Venture Challenge. $2.5 million to the City of Dunkirk for …
https://www.osc.ny.gov/press/releases/2018/08/state-contract-and-payment-actions-julyDiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… New York State Comptroller Thomas P. DiNapoli today announced a series of shareholder proposals and other … New York State Comptroller Thomas P DiNapoli today announced a series of shareholder proposals and other …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesDiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State
… charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptroller’s Office of Unclaimed Funds. TUNKARA was arrested on July 19, 2022 and … charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptrollers …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-three-arrested-scheme-steal-unclaimed-funds-new-york-stateKidz Therapy Services, PLLC – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the costs reported by Kidz Therapy Services PLLC (Kidz Therapy) on its Consolidated Fiscal Reports (CFRs) were … (Manual). The audit covered expenses claimed on Kidz Therapy’s CFR for fiscal year 2011-12 and certain expenses … To determine whether the costs reported by Kidz Therapy Services PLLC Kidz Therapy on its Consolidated Fiscal …
https://www.osc.ny.gov/state-agencies/audits/2016/09/15/kidz-therapy-services-pllc-compliance-reimbursable-cost-manualState Contract and Payment Actions in November
… In November, the Office of the State Comptroller approved 1,798 contracts for state agencies and public authorities valued at $4.3 billion and approved nearly … reconstruction work at the New York Psychiatric Institute in New York County. $2.9 million with CHA Consulting Inc. for …
https://www.osc.ny.gov/press/releases/2025/01/state-contract-and-payment-actions-novemberAdvisory Council for the Retirement System
… Service and Pensions Committee New York State Senate Fran Turner Director of Legislative & Political Action Civil …
https://www.osc.ny.gov/common-retirement-fund/resources/advisory-council-retirement-systemState Contract and Payment Actions in May
… $9.4 million with Paul Smith’s College for the Adirondack Park Aquatic Invasive Species Prevention Program. $4.1 … PC for construction inspection services at Belmont Park Raceway in Elmont, Nassau County. $3.5 million with …
https://www.osc.ny.gov/press/releases/2018/06/state-contract-and-payment-actions-mayDiNapoli: 1st Quarter State Tax Receipts Modestly Higher Than Division of Budget Projections
State tax receipts totaled $299 billion through the first quarter of State Fiscal Year SFY 202425 $594 million higher than estimates released by the Division of the Budget DOB in the Enacted Budget Financial Plan
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-1st-quarter-state-tax-receipts-modestly-higher-division-budget-projectionsOpinion 88-74
… municipalities to contribute to the monument fund. There are numerous statutes which expressly or impliedly authorize …
https://www.osc.ny.gov/legal-opinions/opinion-88-74