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New York’s Economy and Finances in the COVID-19 Era
… took a sharper hit, experiencing a decline of more than 21 percent compared to 20 percent in the City and 18.1 … Budget and Spending The State’s General Fund balance was $12.6 billion as of November 27. Among other factors … 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-2-2020New York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… fund in the country, and when it takes action, people pay attention. Rigorous and timely review, with divestment …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… Comptroller's Office has deposited $10 million in state funds in each of the two bank branches. "Residents of New … law authorizes the Comptroller's office to deposit state funds in approved banks to help build a stable base of …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesNew Yorkers in Need: Food Insecurity and Nutritional Assistance Programs
… Message from the Comptroller Millions of New Yorkers face daily … health care, food and transportation. Often, the result is hunger or food insecurity, which is uncertainty or … Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers, unadjusted indexes As a result of rising …
https://www.osc.ny.gov/reports/new-yorkers-need-food-insecurity-and-nutritional-assistance-programsOpinion 98-1
… in section 99-r to "appropriation(s) ... available" to pay for municipal services provided to the State or units of …
https://www.osc.ny.gov/legal-opinions/opinion-98-1Opinion 92-39
… of good drinking water and that tenants may indirectly pay for water through increases in rents. Subsequently, …
https://www.osc.ny.gov/legal-opinions/opinion-92-39Opinion 2000-6
… 5, 2000 Herbert A. Kline, Esq., Attorney at Law Village of Port Dickinson 1 Typically, such special laws incorporate an …
https://www.osc.ny.gov/legal-opinions/opinion-2000-6Opinion 90-39
… Tax Law, article 4, pertaining to exemptions; see also NY Const., art XVI, §1, prohibiting alteration or repeal of … delegated to the municipal corporation by the Legislature (NY Const., art XVI, §1; Sonmax v City of New York , 43 NY2d … §66) and does not have its own home rule authority (see NY Const, art IX). Therefore, the authorization for towns to …
https://www.osc.ny.gov/legal-opinions/opinion-90-39DiNapoli: Brooklyn Leads NYC’s Economic Recovery
… to the pandemic, major crimes in Brooklyn (i.e., murder, rape, robbery, felony assault, burglary, grand larceny, and …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… Fiscal Year (SFY) 2021-22 relies on a range of actions to respond to the pandemic as well as eliminate a looming … federal funds allocated via the stimulus acts enacted to date are used to offset significant state aid cuts or … and a report will be issued in the coming weeks. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetNew Yorkers in Need: The Housing Insecurity Crisis
… recipient governments spent approximately 43 percent of funds on housing, with allocations by local governments … greater subsidy (or cross-subsidy from other rents). State funds are also often combined with federal resources from programs described previously; occasionally, local funds may also be employed. State Housing Plan In March 2023, …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisOpinion 2000-10
… of a mandatory reserve fund in an amount sufficient to pay the principal due or to become due on the outstanding …
https://www.osc.ny.gov/legal-opinions/opinion-2000-10Opinion 2006-7
… to replace vehicles and the service provider’s need for new and different or additional equipment (1980 Opns St Comp …
https://www.osc.ny.gov/legal-opinions/opinion-2006-7Unified Court System Bulletin No. UCS-330
… agencies of OSC’s automatic processing of the April 2022 Retroactive UCS Uniform and Equipment Allowance (Uniform … to April 2022. Effective Dates: The retroactive increases and pension change to the Uniform Allowance payment … UCS Payment (Earnings Code UA5) is not included as salary for retirement purposes and is not included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-330-april-2022-retroactive-ucs-uniform-and-equipment-allowance-andXII.6.B Land Acquisition Payments – XII. Expenditures
… approved by the OAG, the agency must obtain a Special Use Vendor ID to add the landowner to the Statewide Vendor File prior to processing the payment voucher. For …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6b-land-acquisition-paymentsIdentifying Fiscal Cliffs in New York City’s Financial Plan
… updated December 23, 2024 PDF Version Recent updates to New York City’s financial plan include one-time funding for some … nonprofits and human service providers (the Indirect Cost Rate Funding Initiative) ends in FY 2026 (from $60.5 million …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-planThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… U.S. Small Business Administration; U.S. Census Bureau County Business Patterns, 2018; OSC analysis Retail Sector: … between ZIP Codes and PUMAs. This applies to PPP loans and County Business Patterns reports. For comparability purposes with PPP data, firm data was drawn from the 2018 County Business Patterns report, which is the most recent …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19State Comptroller DiNapoli Releases School Audits
… School District – Separation Payments (Monroe County) The payroll clerk did not use a standard separation payment … payment. District officials made payments totaling $12,058 to four employees that they could not verify were … recalculated fund balance ranged from 11 percent to 21 percent of the ensuing year’s appropriations. Stamford …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits-2Opinion 2011-1
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other … amendments that bear on the issues discussed in the opinion. INDUSTRIAL DEVELOPMENT AGENCIES -- Officers and …
https://www.osc.ny.gov/legal-opinions/opinion-2011-1XIV.4.C Bank Account Reporting and Reconciliations – XIV. Special Procedures
… statement of all balance(s) on deposit in any bank account under the administrative control of any state officer … of the New York State Register to ensure that all bank account and financial institution names are correctly shown. Updates to bank account information should be immediately reported to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4c-bank-account-reporting-and-reconciliations