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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 state’s economy and … Financial Insecurity for New Yorkers Nearly 30 percent of all New York households expect a loss of employment income …

https://www.osc.ny.gov/reports/covid-19-september-16-2020

DiNapoli: State Pension Fund Value $194.3 Billion

… New York State Comptroller Thomas P. DiNapoli today announced the … year during the early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billion

DiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City

… factors including the local economy, labor force mix and demographics all have implications for spending, pupil … The report details school district demographic and financial information from nine separate regions outside New … billion in revenues, which included state and federal aid, the School Tax Relief program (STAR), and local property …

https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-city

City of Yonkers – Budget Review (B24-6-6)

… settled. Likely underestimates teacher retirement payments by approximately $478,000 and charter school tuition payments by approximately $206,000. Includes $5.7 million for …

https://www.osc.ny.gov/local-government/audits/city/2024/05/20/city-yonkers-budget-review-b24-6-6

DiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation

… these tax breaks and other incentives,” DiNapoli said. “My audit found the agency needs to do a much better job in …

https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creation

DiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets

… the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its … stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … state actions, DiNapoli’s office projects the burden will be at about 16% through at least 2026, which is on par with …

https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgets

DiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid

… today by State Comptroller Thomas P. DiNapoli. “The latest numbers are good news for the city, thanks to strong …

https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aid

Corrupt Orange County IDA Officials Ordered to Repay Over $1 Million

… Development Agency (IDA), who pleaded guilty in June to corruption charges, including hiding self-dealing and … released a report detailing the defendants’ crimes and how the systemic failures and neglect of duty by the IDA … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at …

https://www.osc.ny.gov/press/releases/2021/09/corrupt-orange-county-ida-officials-ordered-repay-over-1-million

DiNapoli: DOH Needs to Step Up Enforcement of Patient Safety Violations

… to health care information. Too often, however, it gives negligent health care providers a slap on the wrist by not …

https://www.osc.ny.gov/press/releases/2021/03/dinapoli-doh-needs-step-enforcement-patient-safety-violations

Selected Aspects of Collecting Outstanding Amounts Due for Parking Violations

… that can issue parking summonses within New York City (NYC). During fiscal years 2017 through 2019, DOF processed … for collecting fines and fees for violations issued within NYC, and also the Outside Collection Agency/External Inquiry … from respondents who have New York plates and live within NYC. DOF refers other cases to the NYC Law Department, which …

https://www.osc.ny.gov/state-agencies/audits/2021/03/23/selected-aspects-collecting-outstanding-amounts-due-parking-violations

DiNapoli Releases Subway Ridership Dashboard

… New York State Comptroller Thomas P. DiNapoli announced today that he has launched an … and are hard at work on the city's recovery,” said Danny Pearlstein, director of communications and policy, …

https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboard

State Comptroller DiNapoli Releases Municipal & School Audits

… local government and school audits were issued. Village of Mexico – Financial Management (Oswego County) The board … a fund balance policy and maintained an excessive level of unassigned surplus fund balance in the general fund with … $2,064 were not properly accounted for during the 50-day test period. Officials did not maintain perpetual inventory …

https://www.osc.ny.gov/press/releases/2024/02/state-comptroller-dinapoli-releases-municipal-school-audits-0

Opinion 88-70

Whether a city may conduct a referendum to poll voters on issues such as whether to fluoridate city water or improve the city water or sewer system

https://www.osc.ny.gov/legal-opinions/opinion-88-70

State Comptroller DiNapoli Releases Municipal Audits

… Town of Crawford – Town Clerk (Orange County) The former … clerk was sentenced to five years of probation and 1,000 hours of community service. Town of Fort Edward – Payroll and … on to make financial decisions. The recent audit found the supervisor has continued to not maintain the accounting …

https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-audits

Psychotherapeutic Evaluational Programs, Inc. dba Parsons Preschool – Compliance With the Reimbursable Cost Manual

… on its CFRs for the two fiscal years ended June 30, 2014. About the Program Parsons is a New York City-based for-profit … program. During the 2014-15 school year, Parsons served about 400 students. Key Findings For the three fiscal years … had a net capital deficiency that raised substantial doubt about its ability to continue as a going concern. However, …

https://www.osc.ny.gov/state-agencies/audits/2019/12/16/psychotherapeutic-evaluational-programs-inc-dba-parsons-preschool-compliance-reimbursable

DiNapoli Report Looks at New York City Metro Area's Import and Export Economies

… The New York City Metropolitan Area accounted for more than $103 … will respond in the future in answer to tariffs by the United States, which would impact certain industries more than …

https://www.osc.ny.gov/press/releases/2025/03/dinapoli-report-looks-new-york-city-metro-areas-import-and-export-economies

DiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional

… Council, New York State Comptroller Thomas P. DiNapoli today issued an advisory opinion finding that the city could … line replacement as it relates to the funds announced by Governor Hochul earlier this year and supported in the state budget …

https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutional

DiNapoli: Former Essex County Fair Treasurer and Willsboro Town Clerk Pleads Guilty to Stealing Nearly $90,000 From the Essex County Agricultural Society and Town

… Thomas P. DiNapoli, Franklin County District Attorney Elizabeth Crawford and New York State Police Superintendent … … Comptroller DiNapoli Franklin County District Attorney Elizabeth Crawford and New York State Police Superintendent …

https://www.osc.ny.gov/press/releases/2025/05/dinapoli-former-essex-county-fair-treasurer-and-willsboro-town-clerk-pleads-guilty-stealing-nearly