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New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the … as well as tax revenues. Real U.S. gross domestic product is projected to increase by 4.4 percent in calendar year 2021 … April of 2020, a return to pre-pandemic employment levels is not expected until 2025. “The COVID-19 pandemic’s damaging …
https://www.osc.ny.gov/reports/covid-19-january-21-2021New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s economy and … Be Extended Again? New Yorkers’ average student loan balance rose by 3.9 percent from the previous year to $37,600 … New Yorkers average student loan balance rose by 39 percent …
https://www.osc.ny.gov/reports/covid-19-january-7-2021DiNapoli: Post-Pandemic Unemployment in NYC Persists for Some Demographic Groups
… in New York City remained higher than pre-pandemic levels for several demographic groups, particularly for youths and Blacks, according to a report released today by State Comptroller Thomas P. DiNapoli. DiNapoli also … in the city. Report New York City’s Uneven Recovery: An Update on Labor Force Trends Related Reports New York City’s …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-post-pandemic-unemployment-nyc-persists-some-demographic-groupsDiNapoli Audit: Next In Line For Mitchell-Lama Apartments Were Skipped
… Applicants who were next in line for coveted Mitchell-Lama apartments were skipped over for people farther down the waiting lists because of lax oversight and poor controls, … Southeast, a 174-unit co-op in Greenwich Village. Next in Line for an Apartment, Skipped Over Over nearly three years — …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-audit-next-line-mitchell-lama-apartments-were-skippedDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… to the In-State program, of which more than $370 million is still available to invest in New York companies. In total, … team has proven to be a winning formula. Trillium Group is proud to have been able to assist another emerging … of industry sectors and businesses. www.trillium-group.com …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundSchool Districts – Lead in Water: Testing and Reporting (2025-MS-2)
… and 418 (6 percent) could not be matched to a District test result because records were not available and District … had at least one or more issues with reporting their test results, including no reporting at all, late reporting, … and/or guardians in writing, and/or no posting of all test results on the Districts’ websites. …
https://www.osc.ny.gov/local-government/audits/school-district/2025/12/31/school-districts-lead-water-testing-and-reporting-2025-ms-2DiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… change and transition the portfolio to net zero greenhouse gas emissions . “While climate change poses investment risks, … a goal to transition its portfolio to net zero greenhouse gas emissions by 2040. Through the SICS Program, the Fund has … in the United States with assets of approximately $247.7 billion as of Dec. 31, 2020. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April to June 2021) compared to the same period last year, a … Sales tax revenue for local governments in New York state rose by 492 in the second quarter April to June 2021 compared to the same period last year a dramatic …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… said. “While the reduction in employer contribution rates is welcome news for taxpayers, our investment decisions are always made based on what is best for our 1.1 million working and retired members and … contributions for Feb. 1, 2023 are $4.4 billion, which is $1.5 billion less than the expected employer contributions …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… the trend of exceeding pre-pandemic levels, according to a report released today from State Comptroller Thomas P. DiNapoli. “Local sales tax collections continue to show year-over-year growth after experiencing significant … in sales tax collections during the third quarter compared to the same period last year. Outside of New York City, the …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Local Sales Tax Collections Up Nearly 16% in April
… sales tax collections grew by 15.7% in April compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. … an increase of 10.5%—or nearly $69 million—when compared to April of 2021. Nearly every county also experienced …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-local-sales-tax-collections-nearly-16-percent-aprilDiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… in July, despite the participation of many counties in the gas tax holiday,” DiNapoli said. “However, it is important … will be the first to reflect the sales tax impact of the gas tax holiday on a county-by-county basis. Table Monthly …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyDiNapoli: New York Sees Improvement in Condition of Local Bridges
… When the state Department of Transportation inspects a bridge, it assigns a rating or score – ranging from 0 (worst) to 9 (best) – to major bridge components based on their capacity to carry vehicular … If any major component receives a score of 4 or below, the bridge is rated “poor.” In New York, 9% of all bridges were …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, though much … have seen a massive drop in sales tax collections. This is hurting their bottom lines and many have few options to … monthly breakdown) Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… loans would generally be available for businesses with 300 employees or less that can demonstrate financial losses. …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… Property tax levy growth will be capped at 2% for 2022 for local governments that … as 44 cities and 13 villages. "Allowable tax levy growth will be limited to 2% for a third time in four years for … cost increases and the need for investments that will stimulate economic growth and fund essential services …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022DiNapoli: Local Sales Tax Collections Grew by 14% in October
… said. “However, as inflation continues to increase costs for many municipalities, it is important that local … cities are based on estimates by the state Department of Taxation and Finance. In the third month of each calendar …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November
… in New York state increased by 8.8% in November compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. … totaled $1.72 billion, up $139 million compared to the same time last year. “November marked another solid …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-local-sales-tax-collections-grew-nearly-9-percent-novemberDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… better than the Division of the Budget’s current estimates for the first quarter, but the economy is sending mixed … economic conditions and what it means short- and long-term for our state’s finances.” Personal income tax (PIT) receipts … which was $9 billion, or 18.3%, higher than last year for the same period, largely reflecting higher Medicaid …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli Announces Victory in Shareholder Rights Lawsuit Against BJ's Wholesale
… York State Common Retirement Fund, released a statement today following a United States District Court for the … shareholder proposals. It sets a significant precedent for how courts may treat company-initiated exclusions for the … The Fund’s shareholder proposal, submitted under SEC Rule 14a-8, sought “an assessment of risks of deforestation …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-announces-victory-shareholder-rights-lawsuit-against-bjs-wholesale