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State Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… Development District (BDD) and presented $35 million in New York state deposits to Ponce Bank’s Westchester Avenue … the establishment of bank and credit union branches in areas across the state where there is a demonstrated need … and Unionport. To encourage participation in the BDD program, the State Comptroller’s office makes …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newDiNapoli Report Assesses MTA's Capital Needs and Funding Scenarios
… a significant portion of funding for its capital program through taxes and subsidies — even before funding the $15 …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-report-assesses-mtas-capital-needs-and-funding-scenariosNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… with disabilities some peace of mind as they plan for the future," DiNapoli said. "Ensuring a loved one’s … and invest funds without jeopardizing their eligibility for many important disability-related benefits." The NY ABLE … their families depend on a wide variety of public benefits for income, health care, food and housing assistance. …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costsDiNapoli Report Examines Broadband Availability, Access and Affordability in NYC
… leaders should focus on measures to improve accessibility for those with the lowest incomes.” Key highlights of the … The Bronx and Brooklyn faced the highest average price for monthly broadband service among the five boroughs as of … suggests local infrastructure is less of an impediment for internet access than in other parts of the state or …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-report-examines-broadband-availability-access-and-affordability-nycDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… cliff, according to a report released today by State Comptroller Thomas P. DiNapoli. The report provides an … for how funds were spent. Without a timely-filed AFR, the Comptroller’s office is unable to issue a Fiscal Stress …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsNew York’s Paid Family Leave Program
… began providing 12 weeks of fully paid parental leave for certain State employees to bond with a newborn, adopted … enacted in 2016 that greatly expanded paid family leave for employees statewide and increased the share of private workers eligible for the benefit in New York to at least 88 percent in 2021 — …
https://www.osc.ny.gov/reports/new-yorks-paid-family-leave-programThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… Impact of COVID-19 December 2020 PDF Version Highlights In 2019, New York City’s retail sector comprised 32,600 … percent of its 2019 levels as tourists, commuters, office workers and residents have responded to pandemic-related … ability to pay back rent since revenues have dried up. To address this concern, proposals in the State Legislature …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19Selected Aspects of Collection of Bridge and Tunnel Tolls and Fees
… tolls and fees, whether it has fully implemented the new Department of Motor Vehicles (DMV) toll enforcement … (MTA) is a public benefit corporation chartered by the New York State Legislature. TBTA, also known as MTA Bridges and …
https://www.osc.ny.gov/state-agencies/audits/2017/11/14/selected-aspects-collection-bridge-and-tunnel-tolls-and-feesOpinion 91-45
… (remedies available to town board to enforce agreement for highway repairs and improvements) TOWN BOARD -- Power and … (remedies to enforce agreement with highway superintendent for repair and improvement of town highways) HIGHWAY LAW, … may construct storm sewers, drains and the like for highway drainage purposes (see e.g., 12 Opns St Comp, …
https://www.osc.ny.gov/legal-opinions/opinion-91-45State Comptroller DiNapoli Releases Municipal & School Audits
… money market accounts, which had average available funds for investing of $845,365. Had officials considered other … investment procedures to convey management’s expectations for managing the district’s investment program, solicit … of expenditures; develop and adopt policies and procedures for the district’s financial operations, including controls …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-municipal-school-auditsThe Economic Impact of the Great Outdoors
… gardening or stargazing. All types of outdoor recreation in New York provided $21.1 billion in economic activity in 2020 and supported over 241,000 jobs with $13.1 billion in …
https://www.osc.ny.gov/reports/economic-impact-great-outdoorsDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… in the subways has grown,” DiNapoli said. “DHS seems to have hired the Bowery Residents’ Committee to deal with the … its contract has left vulnerable homeless men and women badly served and straphangers fending for themselves in … unannounced visits to check on outreach. Instead, they do ride-along visits with workers. During 2018, it conducted …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationNew York’s Agriculture Industry: A Resilient Part of State and Local Economies
… growth in both crop and animal production led total farm employment to climb to a new high of 23,868 in 2021. 4 … in 2021. On January 1, 2020, new State wage standards for farm workers went into effect. These standards required … Statistics As shown in Figure 3, the average annual pay of farm workers also increased steadily in the years leading up …
https://www.osc.ny.gov/reports/new-yorks-agriculture-industry-resilient-part-state-and-local-economiesDiNapoli: New York Drug Overdose Deaths Surged During Pandemic
… It is a tragedy that devastates families and impacts our communities in countless ways,” DiNapoli said. “The data … must ensure an ongoing commitment of public resources and strategies, including new funding from legal settlements, and … deaths.” “Overdoses continue to wreck families and communities across New York, and the recent post-COVID …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-york-drug-overdose-deaths-surged-during-pandemicDiNapoli: Oversight of Supportive Housing Falls Short
… Answers. Auditors recommended that OMH review its various forms of written guidance on contingency funds and resolve … for those funds. The full audits can be found online at http://www.osc.state.ny.us/audits/index.htm . For …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-oversight-supportive-housing-falls-shortThe Tourism Industry in New York City
… in tourism came to an end, and the number of visitors to New York City fell by 67 percent to 22.3 million (from 66.6 … domestic travelers also made up 80 percent of visitors to New York City. However, business and international travelers … degree. In 2019, the number of tourists visiting New York City had almost tripled in the 28 years since 1991, …
https://www.osc.ny.gov/reports/osdc/tourism-industry-new-york-cityOpinion 99-5
… stated in the contract and approved as an appropriation for library purposes by the voters of the school district … in response to your inquiry concerning a proposed contract for library services between a school district and a … to the people of the municipality, district or reservation for whose benefit the contract is made, under such terms and …
https://www.osc.ny.gov/legal-opinions/opinion-99-5DiNapoli Releases Lower Manhattan Economic Snapshot
… the local community, government, and the private and not-for-profit sectors — that made Lower Manhattan’s renaissance … 15 years,” said Jessica Lappin, President of the Alliance for Downtown New York. “In the wake of one of the country’s … report verifies what those of us who have fought for this neighborhood’s revitalization already know — that …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-lower-manhattan-economic-snapshotDiNapoli: Over One Million New Yorker Households Are Not Connected to Broadband
… The state has made progress in making high-speed connections available to New Yorkers, … broadband available in their neighborhood, but more than one million, or 13.8%, of households do not have access or a … internet is a necessity to effectively work, communicate and learn in our society and that was made crystal clear …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-over-one-million-new-yorker-households-are-not-connected-broadbandNew York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… A year after the first case of COVID-19 was reported in New York State, the economic disruption caused by the … claiming unemployment insurance (UI) benefits. As shown in the top line of the graph below, the figure remains … updated on the State’s economy and finances. Subscribe to get the latest update. Subscribe … A year after the first …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021