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DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… the finance and insurance sector output grew by 3.3%; the information sector was the only other segment that did not …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli Announces Latest Fiscal Stress Scores With Analysis of 10 Years of Fiscal Monitoring System Data
… a year ago, State Comptroller Thomas P. DiNapoli announced today. Of the 14, nine were announced today. These determinations were based on the State … Fiscal Stress Monitoring System (FSMS) scores released today and highlighted in a report . DiNapoli launched FSMS in …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-latest-fiscal-stress-scores-analysis-10-years-fiscal-monitoring-system-dataDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… Having no heat or hot water is a hazard that is supposed to be … this fall and winter when they complain that they have no heat or hot water.” City code requires landlords to provide heat from Oct. 1 to May 31 – the “Heat Season” – and hot … Having no heat or hot water is a hazard that is supposed to be …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli: Wall St. Profits Soared in First Half of 2020
… stimulus funds and the lowering of interest rates to near zero, which reduced the cost of borrowing. These actions …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… so far during the COVID-19 pandemic, largely as a result of tax revenue from the financial services sector, but the … by leaning on one-time measures, but a prolonged period of economic weakness would require recurring, and more … 0.2 percent, an improvement from its previous projection of negative 12.9 percent. The city estimates a $632 million …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefDiNapoli Releases Analysis of Enacted State Budget
… projected to decrease by $474 million (less than 1%) to $117 billion. Economic uncertainty may affect revenue …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-releases-analysis-enacted-state-budgetDiNapoli: NYC Health + Hospitals Confront Tough Fiscal Outlook as Washington Moves to Cut Health Care Spending
… visits. DiNapoli’s report found that H+H targeted $2.2 billion in savings from strategic initiatives for FY 2024 but achieved just over $1.1 billion. Most of this (96%) … includes the Essential Plan. As of September 2025, the NYC Department of Social Services estimated that 950,000 …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-health-hospitals-confront-tough-fiscal-outlook-washington-moves-cut-health-care-spendingState Agencies Bulletin No. 1619
… agencies of the implementation of the New York State Paid Family Leave Affected Employees As of January 1, 2018, … In 2016, the Governor signed into law a comprehensive Paid Family Leave policy. The law provides for a deduction from employee wages to fund the program. Paid Family Leave coverage is funded by employee payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1619-new-york-state-paid-family-leave-program-ny-paid-family-leaveDiNapoli: Some Affordable Apartments for Seniors Left Vacant for Years
… of affordable housing is especially hard on elderly New Yorkers, but many units are sitting vacant even though … are on waiting lists for them, an audit released today by New York State Comptroller Thomas P. DiNapoli found. The … to seniors and a program that assists senior homeowners. “New York City’s affordable housing agencies need to make sure …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-some-affordable-apartments-seniors-left-vacant-yearsDiNapoli: State's Fiscal Outlook Declines
… on taxpayer migration showed that from 2015 to 2019 a net average of 28,700 personal income taxpayers moved out of … many of whom were high-income residents. In 2020 a net of 112,400 taxpayers moved out, nearly four times as many … in 2019. According to preliminary 2021 tax year data, the net number of taxpayers moving out of New York declined but …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesDiNapoli Releases Report on NYS Executive Budget
… create a dangerous precedent, likely to be sought by other public authority bond issuers, such as the Metropolitan … increased state reserve funds in recent years, including statutory reserves which now total $6.3 billion and $13.2 … with a federal loan to be repaid by the state through a service contract. The budget reduces transparency and …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-releases-report-nys-executive-budgetDiNapoli: Queens Economy Takes Off
… in Queens, private sector job growth was fastest in the Howard Beach and Ozone Park area, rising by 43 percent between 2009 …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offDiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… the state’s population, lived in poverty in 2021, compared to 12.8% of all Americans, according to the first in a series of reports released today by State … in Need.” While poverty rates in the state declined prior to the pandemic, they were higher in 2021 than in 2019. New …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsThe Tourism Industry in New York City
… which serve as the core infrastructure. Visitors and visitor spending are the essential factors in measuring the … are shown by country of origin in Figure 2. Visitors from China have posted record visitor spending for three years in … international visitors. From 2009 to 2019, tourists from China increased more than sevenfold, the strongest growth of …
https://www.osc.ny.gov/reports/osdc/tourism-industry-new-york-cityTerms of Service
… The Services may provide links to other World Wide Web sites or resources external to OSC. OSC has no control …
https://www.osc.ny.gov/online-services/terms-serviceState Comptroller DiNapoli Releases Jamaica Economic Snapshot
… cannot relent in our efforts to bring stable, well-paying jobs to Jamaica and ensure that homeowners throughout … Despite the closure of two hospitals in the area, the health care sector was the second largest employer, … for 13 percent of the jobs. A number of significant public sector employers, such as York College and the Queens …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-jamaica-economic-snapshotOpinion 88-75
… Municipal Law, §802 are applicable. You ask whether your law firm may represent a city in complex litigation … the city has recently left that firm and joined your firm. You state that your firm is a professional corporation in which you have an … Whether your law firm may represent a city in complex litigation …
https://www.osc.ny.gov/legal-opinions/opinion-88-75Opinion 96-19
… purchase with town of real property and construction of building for use as town hall and fire station) MUNICIPAL … -- Capital Improvements (joint construction of a building to be used as town hall and fire station) -- Real … with fire district of real property and construction of building for use as town hall and fire station) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-96-19Opinion 98-10
… to pre-empt an entire field and preclude any further regulation, a local law regulating the same subject matter is …
https://www.osc.ny.gov/legal-opinions/opinion-98-10Opinion 95-19
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … that bear on the issues discussed in the opinion. BONDS AND NOTES -- Improper Uses (prepayment of certain … 323(1)(b): A city which has previously prepaid to the State Policemen's and Firemen's Retirement System the amount …
https://www.osc.ny.gov/legal-opinions/opinion-95-19