Search
New York’s Economy and Finances in the COVID-19 Era
… Selected Economic Trends Student Loan Balances Up 3.9% in New York; Will Pandemic-Related Relief Be Extended Again? … balances and delinquency rates for student loan borrowers in New York and other states. Student Loan Debt by State, … $29,700 9% Debt among borrowers with outstanding balances in June 2020. Delinquent borrowers have payments that are …
https://www.osc.ny.gov/reports/covid-19-january-7-2021New York’s Economy and Finances in the COVID-19 Era
… impact on lower-paid workers is higher in New York City. NYS Jobs Lost March-August 2020 and Average Wage, Major … and Utilities -188.2 -12.2% $53,712 Professional and Business Services -184.1 -13.2% $99,616 Educational and … upward in March and April, including a three-week span starting in the last full week of March, when initial claims …
https://www.osc.ny.gov/reports/covid-19-september-30-2020DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… is similar to the decline in July of 8.2 percent, though much less extreme than the early months of the pandemic when … from 1.3 percent in Tioga to 35.5 percent in Delaware. New York City had a 7.1 percent decline, a $43.9 million … by Region (for detailed monthly breakdown) Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustNew York’s Economy and Finances in the COVID-19 Era
… September 16, 2020 Edition Selected Economic Trends Survey Shows Ongoing Financial Insecurity for New Yorkers … regional data do not provide insight into types of jobs or compensation levels for job openings, hires and … is available at the Office of the State Comptroller’s website , including county by county self-response rates and …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New 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 … Trends After Five Months, Jobs Recovery Varies Across New York Total employment in New York State fell in March, and …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York’s Economy and Finances in the COVID-19 Era
… of New York State small businesses received assistance in recent months through the federal government’s Paycheck … survey data for the week ending June 27. $38.2 billion in PPP loans were approved for New York applicants through … provide guidance to lenders about prioritizing borrowers in underserved and rural markets, those borrowers, including …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… billion from March 1 through July 17, with steep increases in payments following the onset of the pandemic. In the most recent weeks for which data are available, … during the first half of July added $5.7 billion to those in the preceding months shown in the nearby chart. By …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… count hit an all-time high of more than 9.8 million in February, reflecting net gains of nearly 2 million jobs … a body blow to the State’s economy, with combined losses in March and April wiping out 24 years of job growth, as shown in the chart below. The April decline of more than 1.9 …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… for local governments in July fell 8.2 percent compared to the same period last year, according to New York State … collections, a major source of revenue. This is going to have a long-lasting effect on revenues for counties, cities … losses, and continuing through July), local governments have received $1.4 billion (18.7 percent) less than they did …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… in Jobs Lost While all states have lost employment since the COVID-19 pandemic struck earlier this year, New … as large. During the last available survey week of September 27–October 3, 43 percent expressed this sentiment. … any paid employees who had been furloughed or laid off since March, 48 percent answered that they had not. When …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… 600,000 in the longstanding state-federal unemployment insurance program, and 537,000 receiving PEUC. The flow of …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its … to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus … operations of New York Stock Exchange (NYSE) member firms. There are now about 120 member firms, down from more …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… General Fund). However, DOB has identified $2.7 billion in payroll costs for such employees as eligible for CRF funding, …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… the Lake George Watershed Coalition, was convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in the First Degree and related false filing charges, related …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… York City Council candidate Albert Alvarez. On Tuesday, in New York County Supreme Court, Mendez was sentenced to 5 … Yorkers,” said Attorney General James . “Public corruption in any form will never be tolerated, and my office remains … of 10 counts of Offering a False Instrument for Filing in the First Degree, a class E felony. Mendez and her …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeNew York’s Economy and Finances in the COVID-19 Era
… the next one 12% of New Yorkers did not have enough to eat at times during the previous week Source: U.S. Census … adults live in households reporting not having enough to eat in the last seven days – that figure rises to 19 percent …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… DiNapoli said. “The risk of a recession has eased in the near term, but the city should continue to increase its … and the October unemployment rate of 4.1 percent remains near its historic low. Still, the city did not raise its …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds 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 … for-profit special education provider located in Newburgh. MIM provides preschool special education … the fiscal year ended June 30, 2015, MIM reported $571,094 in reimbursable costs for the one rate-based preschool …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… County Court Judge Craig Stephen Brown, to Grand Larceny in the Third Degree and Tampering with Public Records in the First Degree, in connection with the embezzlement of over $21,000 from the …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… and plans to effectively meet its contributions toward Executive Order 88 (EO 88) and complied with EO 88 Guidelines. The … through October 17, 2019. About the Program EO 88, issued on December 28, 2012, is the centerpiece of BuildSmart NY– …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildings