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Review of the State Fiscal Year 2022-23 Executive Budget
The State Fiscal Year 2022-23 Executive Budget represents the first budget in modern times that is projected by the Division of the Budget to remain in balance throughout the Financial Plan period, including one additional year beyond the typical four-year forecast period.
https://www.osc.ny.gov/files/reports/budget/pdf/executive-budget-review-2022-23.pdfCustodial Service Contract Procurement and Oversight (2020-N-8)
To determine whether the selected New York City Department of Education contracting practice was effective in procuring the custodial service contracts it has in effect for the 2017–2020 and 2021–2028 fiscal years at the lowest available price, while maintaining the quality of service.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20n8.pdfDiNapoli: Brooklyn Economy Sets Records
… Employment grew faster in Brooklyn since the end of the recession than in the rest of … Comptroller Thomas P. DiNapoli. "It’s an exciting time for Brooklyn with record employment, business growth, and a budding tech sector," DiNapoli said. "Brooklyn is also home to world-class cultural and academic …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-brooklyn-economy-sets-recordsDiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills
… a total of $4,303 in restitution for falsifying her own tax payments for at least three years until her crimes were … meanwhile, failed to pay her taxes, track other residents’ tax payments, balance the bank account or even deposit cash … monitoring of the clerk’s activities to ensure that tax collections are promptly deposited and accurately …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-billsDiNapoli Releases Executive Budget Report
… but the state may face increasing budgetary challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent, according to an analysis of … of the Executive Budget, provides information to assist in the evaluation of the 2016-17 proposal. “The state's …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… the horizon." The city's most recent four-year financial plan, released in June, projects a surplus of nearly $4.6 … the city's conservative forecast. The FY 2018 citywide savings program is expected to generate, on average, more … cost of current labor agreements, agency spending, rising health insurance and debt service costs, and the impact of …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownOpinion 90-40
… that bear on the issues discussed in the opinion. VILLAGE MAYOR -- Deputy (right to vote as trustee and deputy mayor) PUBLIC MEETINGS AND HEARINGS -- Voting Procedure (right of village deputy mayor to vote as deputy and as trustee) VILLAGE LAW, … Whether a village trustee when serving as deputy mayor during the absence or inability of the mayor to attend …
https://www.osc.ny.gov/legal-opinions/opinion-90-40DiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… between males and females narrowed between 2019 (68.3% vs. 53.5% and 2021 (65.5% vs. 54.5%) as more women sought employment. Female and male …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… Tax collections for State Fiscal Year (SFY) 2021-22 totaled $121.1 billion — $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive … York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2021-22 were $38.8 billion higher than the previous …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
Federal COVID19 relief funds distributed during the pandemic provided critical financial support to New York City Health and Hospitals but reliable funding and timely payments from all government sources is needed to keep the largest municipal health system in the country in good fiscal health
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: Wall St. Profits on Pace to Beat 2016
… 130 firms, down from more than 200 before the financial crisis. Last year, profits increased by 21 percent to $17.3 … and lower settlement costs stemming from the financial crisis. In 2017, profits are being driven by higher revenues. … 18 percent higher than in 2007 even after taking inflation into account. In Westchester County, the average salary grew …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016DiNapoli Releases April State Cash Report
State tax collections totaled $71 billion in the first month of the new fiscal year a decline of $11 billion or 131 percent from the same period last year largely driven by a decline in personal income tax collections according to the state cash report issued by Comptroller DiNapoli
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-releases-april-state-cash-reportNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York’s 529 College Saving Program has helped New York students and families pay for more than $287 million … said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With the cost of college … New Yorks 529 College Saving Program has helped New York …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… New York City is using the federal funds it received in the wake of the COVID-19 pandemic to replace revenue losses and mitigate negative economic … to other major cities in the country, but it has used them at a faster pace than its peer cities, which leaves less …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… New York City increased its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, largely as a result of stronger tax revenue projections and a … New York City increased its expectations for its surplus in fiscal year FY 2025 to $234 billion largely as a result of …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeTown of Lee – Financial Management (2025M-63)
… general and highway funds had a total of $8.3 million in fund balance as of December 31, 2024 ($8 million in the general fund and … excessive unrestricted fund balances to accumulate in both funds In addition the Board did not develop or adopt …
https://www.osc.ny.gov/local-government/audits/town/2025/09/12/town-lee-financial-management-2025m-63State Agencies Bulletin No. 1652
… date included in the adjustment Earnings End Date: The last date included in the adjustment Earn Code: AJR Amount: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1652-managementconfidential-mc-final-1-parity-increase-effective-april-2018Enforcement of the Mitchell-Lama Surcharge Provisions (Follow-Up)
… surcharges when tenants did not provide a certified tax return to substantiate self-reported income. … match between tenants’ self-reported information and their tax records. At the time of our review in 2017, DHCR’s most … However, we found no evidence that DHCR had approved the residency of these tenants. Key Finding We found that DHCR …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/enforcement-mitchell-lama-surcharge-provisions-followState Agencies Bulletin No. 1761
… of this bulletin is to inform agencies that position pools in PayServ may require updates for SFS lapsing. Overview Certain chart of accounts strings in SFS that are attached to position pools in PayServ will be lapsing and will no longer be available … of this bulletin is to inform agencies that position pools in PayServ may require updates for SFS lapsing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1761-sfs-chartfield-strings-payserv-09132019-09272019-lapse-datesCUNY Bulletin No. CU-646
… the chart of accounts strings mapped to the position pools in PayServ Affected Employees All CUNY employee records will be affected Background In order to correctly calculate the charges for the split … year-end payroll allocation percentages are outlined in the Guide to Financial Operations, Section XV.6.A . …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-646-new-york-state-payroll-system-payserv-cuny-fiscal-year-end