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DiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… Trust Fund (DHBTF) to pay down debt from past projects and cover the operating costs for state agencies, according to a … a General Fund transfer of $4.6 million was made to help cover trust fund expenses. By SFY 2020-21, that amount had … Trust Fund DHBTF to pay down debt from past projects and cover the operating costs for state agencies …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offNYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… paid to employees in New York City’s securities industry for 2021 grew to $257,500, a 20% jump over the previous … the average bonus rose 20%, the total 2021 bonus pool for New York City securities industry workers increased by … DiNapoli estimates that the securities industry accounted for 18% ($14.9 billion) of state tax collections in state …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-recordDiNapoli: Public Authority Debt Ballooned to $329 Billion
… State and local public authorities reported debt outstanding totaling more than $329 billion in their … an increase of 23% ($61.5 billion) since 2017, according to a report released today by State Comptroller Thomas P. … reported the majority ($183.3 billion or 55.7%) of their debt was revenue debt issued for authority purposes, $68 …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionDiNapoli Report Highlights Where New Yorkers Work
… programs to help ensure quality employment opportunities for all New Yorkers.” DiNapoli’s report found: While the … 2019, exceeding the Mid-Atlantic inflation rate of 17% for this period. While all industries experienced double … workers (11.6%) earned the state minimum wage in 2022 (the latest data available), though rates were much higher in the …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workDiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… State tax receipts totaled $51.5 billion through the first six months of State Fiscal Year (SFY) 2023-24, $1.7 billion higher than estimates released in the Division of the Budget’s (DOB) July Update to the Enacted … job gains, wage growth, and easing inflation were all contributing factors to higher-than-expected tax …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-yearNYS Common Retirement Fund Announces Third Quarter Results
… year was 2.88 percent for the three-month period ending Dec. 31, 2015, according to New York State Comptroller Thomas … year was 288 percent for the threemonth period ending Dec 31 2015 according to New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli Announces New Technology Investment Through Contour Venture Partners
… 31, 2014. About Bounce Exchange Bounce Exchange helps top internet retailers and publishers to better monetize …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersDiNapoli: Timely Remediation Essential for Success of State's Brownfield Cleanup Program
… and commercial contaminated sites that could pose risks to the public’s health and safety have languished in the state’s Brownfield Cleanup Program (BCP), according to an … the same actions to track and expedite site progress for all sites that enter the BCP, even those with more …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-timely-remediation-essential-success-states-brownfield-cleanup-programNYS Common Retirement Fund Announces First Quarter Results
… Common Retirement Fund's (Fund) overall estimated value in the first quarter of the State Fiscal Year 2018-2019 was … Thomas P. DiNapoli. "The Fund saw steady growth in the first quarter," DiNapoli said. "New York state's … 30, 2018, the Fund had 40.3 percent of its assets invested in publicly traded domestic equities and 16.1 percent in …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli Releases Analysis of Federal Funding for New York City
… jeopardize at least $535 million of federal aid in FY 2025 and FY 2026, but notes that nearly all federal operating aid … and nearly 40% of the spending at the Administration for Children’s Services. The city’s largest federal award is … and FY 2026. That money supported an average of 146,189 family assistance recipients in FY 2024, and nearly 44% of …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-cityDiNapoli: State Tax Receipts Outpaced Projections Through December
… State tax receipts totaled $79.9 billion through the first three quarters of State Fiscal Year (SFY) 2024-25, … and $530.4 million higher than financial plan projections. All Funds spending through December totaled $172.3 billion, … costs in non-Medicaid public health and public welfare. All Funds spending through December was $1.2 billion lower …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberNorth Tonawanda City School District – Information Technology (2023M-102)
The objective of this audit is to determine whether North Tonawanda City School District officials properly secured user account access to the network and managed user account permissions in financial and student information applications.
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/north-tonawanda-central-school-district-2023-102.pdfSelected Aspects of the All-Agency Contractor Evaluation System at Long Island Rail Road, Metro-North Railroad, New York City Transit, and Triborough Bridge and Tunnel Authority (2019-S-52) 180-Day Response
To determine whether the Metropolitan Transportation Authority (MTA) is monitoring and evaluating its contractors/consultants in compliance with its All-Agency Contractor Evaluation (ACE) system and taking appropriate action where performance ratings are less than satisfactory.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-19s52-response.pdfU.S. Environmental Protection Agency
I write as Trustee of the New York State Common Retirement Fund (CRF, or Fund), one of the largest public pension plans in the United States, valued at $248.5 billion as of March 31, 2023.
https://www.osc.ny.gov/files/press/pdf/u.s.-environmental-protection-agency-regan.pdfAccess to Preschool Special Education Services (2023-S-1)
To determine if the State Education Department (SED) is effectively overseeing preschool special education in compliance with all applicable laws and regulations to promote timely access to services for children across New York State.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2025-23s1.pdfEPI - Fare Revenue Considerations for the Metropolitan Transportation Authority
Even before the pandemic, the Metropolitan Transportation Authority, which provides transit (subway and bus), express bus, commuter rail and paratransit services to the New York region, faced difficulties in closing its projected budget gaps.
https://www.osc.ny.gov/files/reports/osdc/pdf/fare-revenue-considerations-for-mta.pdfJohnson City Central School District – Special Education Services and Medicaid Reimbursements
Determine whether Johnson City Central School District (District) officials ensured students received services in accordance with their individualized education programs (IEPs) and that the District claimed all Medicaid reimbursements to which it was entitled.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/johnson-city-2021-186.pdfSchalmont Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-35)
Determine whether the Schalmont Central School District (District) used District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to staff.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/schalmont-s9-21-35.pdfMalone Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-32)
Determine whether the Malone Central School District (District) used District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to staff.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/malone-s9-21-32.pdfHarborfields Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-31)
Determine whether the Harborfields Central School District (District) used District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to staff.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/harborfields-s9-21-31.pdf