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DiNapoli: Former Almond Treasurer Took $22,000 in Fire Department Funds

… out public corruption and hold wrongdoers accountable. I thank the New York State Police and Allegany District Attorney Keith Slep for their diligent work on this case.” The audit, …

DiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds

… $466 million are expected to be paid in the coming days. "My auditors are committed to safeguarding the funds of … honest New Yorkers," DiNapoli said. "We'll stay one step ahead of the schemes used by tax cheats, and look to ensure …

DiNapoli: Increase in Older Inmates Challenges New York's Prison System

… of inmates age 50 and over rose 46 percent from 2007 to 2016, according to a report issued today by New York State Comptroller Thomas … DiNapoli's report found that overall, such costs rose to over $380 million in 2015-16 State Fiscal Year, an … of inmates age 50 and over rose 46 percent from 2007 to 2016 according to a report issued today by New York State …

DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter

… tax base and a return to its pre-pandemic role as a major driver of sales tax growth in the state. Collections outside …

DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter

… 2023-24, $450.8 million higher than estimates released in the Division of the Budget’s (DOB) Enacted Budget … billion lower than last year through the quarter ending in June 2022, according to the monthly State Cash Report … eased and hiring has held up, consumer spending has slowed in recent months and some tax collections are showing signs …

DiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November

… Local sales tax collections in New York state increased by 8.8% in … time last year. “November marked another solid month for sales tax collections for local governments,” DiNapoli said. … should continue to monitor the economic factors impacting sales tax when estimating their own revenue projections for …

IX.3 Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies – IX. Federal Grants

DiNapoli: Local Sales Tax Collections Up 20% in Third Quarter

… Local sales tax collections totaled $5.2 billion in the third … today from State Comptroller Thomas P. DiNapoli. “Local sales tax collections continue to show year-over-year growth … growth.” Statewide, every region saw solid growth in sales tax collections during the third quarter compared to …

DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System

… The adjusted rates will impact payments next State Fiscal Year 2022-23. In addition, DiNapoli lowered the long-term … the state pension fund is 99.3%. The state pension fund’s annualized rates of return are 11.17% over the past five years, 9.19.% over 10 years, 7.65% over 20 years and 8.96% over 30 years. …

DiNapoli: Local Sales Tax Collections Up Nearly 12% in July

… and Finance. In the third month of each calendar year quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The … will be available in October, and will be the first to reflect the sales tax impact of the gas tax holiday …

DiNapoli: Local Sales Tax Collections Up Nearly 16% in April

… of the state, the continued rise in the price of goods and services has increased the cost of doing business for … are based on estimates by the Department of Taxation and Finance. The distributions in the third month of each … July. Table Monthly Local Sales Tax Collections by County and Region (for detailed monthly breakdown) Track state and …

DiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments

… The New York State Common Retirement Fund (Fund) has committed … Thomas P. DiNapoli, trustee of the Fund, announced today. This action is tied to DiNapoli’s comprehensive … real assets (sustainable infrastructure), and real estate. New York State Common Retirement Fund The New York State …

DiNapoli: Tax Revenues in February $758 Million Over Budget Projections

… to lag prior year results, tax collections through February were $758.4 million higher than forecast in the most … fiscal year 2021 totaled $75 billion through the end of February. “There is reason to be cautiously optimistic with better-than-forecasted tax revenues from February and the passing of significant additional federal …

DiNapoli: 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 officials … reported sales by vendors. The next quarterly numbers (for October-December) will be available in January. Table … Monthly Local Sales Tax Collections by County and Region (for detailed monthly breakdown) Track state and local …

DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter

… The second change, the marketplace provision, now requires online marketplace providers, such as eBay and Etsy, to … behavior by reducing in-person purchases and increasing online shopping. Regionally, the percentage of taxable sales … had relatively high percentages of revenue from online vendors, as did Putnam County. Such counties likely …

New York’s Economy and Finances in the COVID-19 Era

… Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the … May through August. However, those gains, over 686,000 jobs, represented only 35 percent of the record-breaking loss … New York State Ranks Second Nationally in Jobs Lost …

DiNapoli: Wall St. Profits Soared in First Half of 2020

… new round of stimulus and relief. Wall Street’s growth can only be sustained if there is broad economic recovery.” … plan update. Bonus declines of larger magnitude occurred only during the last two recessions. DiNapoli will release …

DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August

… period of the pandemic’s effects (starting in March, when only New York City was showing losses, and continuing through …

Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual

… Objective To determine whether the costs reported by Minds in Motion, Inc. (MIM) on its Consolidated Fiscal Reports … calculated, adequately documented, and allowable under the State Education Department’s (SED) guidelines, including … To determine whether the costs reported by Minds in Motion Inc on its Consolidated …

Oversight of Resident Care-Related Medical Equipment in Nursing Homes (Follow-Up)

… Homes and Intermediate Care Facilities for Individuals with Intellectual Disabilities Surveillance (Division). The Division assesses and certifies nursing home compliance through Certification surveys.  We found the … documentation that generators had been exercised under load for four continuous hours every 36 months as required, …