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DiNapoli: NYC Office Market Will Take Years to Recover From Pandemic
… question, however, as employers continue to offer work-from-home options, according to a report released today by … By the second quarter of 2021, asking rents were down 4.2% from the prior year and vacancy rates were at 18.3%, a level … fared better at 7.2 million square feet, a decrease of 15% from 2019. Reduced demand for office space contributed to a …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-nyc-office-market-will-take-years-recover-pandemicFocus on Identity Theft
Identity theft is skyrocketing. The consequences are real.
https://www.osc.ny.gov/files/reports/pdf/focus-on-identity-theft.pdfReal Property Tax Cap Information – Frequently Asked Questions
Real Property Tax Cap Information – Frequently Asked Questions
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/faqs.pdfTax Levies and Tax Rates for 2012 and Prior Years - Supplementary Information for 2012
Explanation of Tables for Real Property Tax Levies
https://www.osc.ny.gov/files/local-government/data/pdf/narrative12.pdfDiNapoli: Fiscal Stress May be Looming for Glens Falls
… Rochester, Rye, Salamanca, Syracuse, Utica, Watertown, White Plains and Yonkers. The Comptroller’s fiscal stress …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-fallsDiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington
… procurement and federal salaries. Federal spending is not apportioned to the states by any single formula or …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washingtonHousing Trust Fund Corporation – Oversight of the Rural Rental Assistance Program
… To determine whether project owners are receiving Rural Rental Assistance Program (RRAP) payments only for eligible … the Housing Trust Fund Corporation (HTFC) is engaging in adequate outreach activities to make sure the program is … States Department of Agriculture (USDA). RRAP provides rental subsidies for low-income elderly and family tenants …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/housing-trust-fund-corporation-oversight-rural-rental-assistance-programLong Island Experienced Gains in Farms and Farmland
… both as an economic engine for their communities and an essential part of our food supply system. This is … in the state to see the numbers climb for both farms and farmland acres in the most recent United States … local food supply was put to the test during the pandemic, and there are ongoing threats to this industry as outlined in …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandDiNapoli: New Yorkers Deserve a Transparent Hiring Process When Artificial Intelligence Is Used To Vet Their Job Applications
… City’s Department of Consumer and Worker Protection (DCWP) is falling short in enforcing Local Law 144 (LL144) which … in employment decisions, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The … apply for work, and that includes knowing if a company is using artificial intelligence to evaluate their resumes or …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-new-yorkers-deserve-transparent-hiring-process-when-artificial-intelligence-used-vet-theirNYS Common Retirement Fund Reports First Quarter Results
… 2017 data, with New York ranked fourth behind Wisconsin, South Dakota and Tennessee. DiNapoli initiated quarterly investment …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsOpinion 89-23
… REAL PROPERTY -- Lease (to State agency at less than fair and adequate consideration) GENERAL MUNICIPAL LAW, §72-h: A … month for nominal or no consideration. This is in reply to your letter asking whether a village may allow the New York … state of New York, or the government of the United States and any agency or department thereof, either without …
https://www.osc.ny.gov/legal-opinions/opinion-89-23City of Lockport – Budget Review (B22-1-8)
… an independent evaluation of the City’s proposed budget for 2023. Background Chapter 332 of the Laws of 2014, as … City to issue debt to liquidate the accumulated deficits in the City’s general, water, sewer and refuse funds as of … below, the significant revenue and expenditure projections in the proposed budget appear reasonable. For 2022, City …
https://www.osc.ny.gov/local-government/audits/city/2022/11/04/city-lockport-budget-review-b22-1-8NYS Common Retirement Fund Reports First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 … Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s value well above what it … 30, 2020, the Fund had 53.0 percent of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsTown of Carroll - Audit Follow Up (2013M-221-F)
… members. General fund appropriations for the 2013 fiscal year totaled $555,463 and were funded primarily with real …
https://www.osc.ny.gov/local-government/audits/town/2019/12/20/town-carroll-audit-follow-2013m-221-fOpinion 89-61
… of any incorporated villages. VILLAGE LAW, §3-301(2)(a); UNIFORM JUSTICE COURT ACT, §§201(b), 2001(1), 2101(i)(2); … local law or resolution subject to permissive referendum. When the office of village justice does not exist, the town justice court for the town in which …
https://www.osc.ny.gov/legal-opinions/opinion-89-61Opinion 94-24
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. BONDS AND NOTES -- … town hall) TOWN LAW, §220; LOCAL FINANCE LAW, §35.00: If a town board adopts separate resolutions to purchase land for … town hall, you ask whether a referendum is required on the bond resolution. Town Law, §220 provides that a town board …
https://www.osc.ny.gov/legal-opinions/opinion-94-24Opinion 94-22
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … DISTRICTS -- Assessments (custody, control and expenditure of) -- District Management Association (contract for services … Whether the charges imposed on behalf of a business improvement district may be turned over to and …
https://www.osc.ny.gov/legal-opinions/opinion-94-22Holtsville Fire District – Financial Management (2025M-4)
… Did the Holtsville Fire District (District) Board of Commissioners (Board) adopt budgets with reasonable … the Audit Area A fire district (district) board of fire commissioners (board) is responsible for managing the … the amounts a district will spend and receive, the amount of fund balance that will be available at the end of the …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/09/19/holtsville-fire-district-financial-management-2025m-4Local Government – 2021 Financial Condition Report
… Real property taxes remain the single largest source of local government revenue in the State, accounting for $36.6 billion, or 43 percent, of the $85 billion in total revenue from local fiscal years … revenues from real property taxes (representing 53 percent of total revenues for each), while villages received $1.4 …
https://www.osc.ny.gov/reports/finance/2021-fcr/local-governmentState Comptroller DiNapoli Releases Municipal Audits
… audited financial statements were overstated. Village of South Floral Park – Budgeting and Financial Oversight (Nassau …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-2