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DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus

… New York City is expecting to generate a surplus of $3.7 billion in fiscal year (FY) 2022 due to federal aid, better-than-projected tax revenues, and planned savings, according to a report released today by State Comptroller Thomas P. … New York City is expecting to generate a surplus of $37 billion in fiscal year FY 2022 …

https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplus

State Comptroller DiNapoli Releases Municipal Audits

… , Town of Colden , City of Corning , Franklinville Joint Fire District , City of Glens Falls , Town of Palatine , … up-to-date maintenance logs. City of Corning – Foreign Fire Insurance Funds (Steuben County) Auditors examined all … State Comptroller, as required by law. Franklinville Joint Fire District – Claims Processing (Cattaraugus County) The …

https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-audits-1

DiNapoli: New York State Pension Fund Helping Build a Lower Carbon Future

… greenhouse gas (GHG) emissions and helping safeguard the New York Common Retirement Fund’s (Fund) long-term investments. The agreements are part of DiNapoli’s broader strategy to protect and grow the Fund’s long-term value through sustainable investments … greenhouse gas GHG emissions and helping safeguard the New York Common Retirement Funds Fund longterm investments …

https://www.osc.ny.gov/press/releases/2016/08/dinapoli-new-york-state-pension-fund-helping-build-lower-carbon-future

DiNapoli: State Faces Potential Budget Gaps

… faces potential budget gaps in future years, according to an analysis of the state’s Financial Plan released today … enacted this year, and the use of temporary resources to pay for recurring costs. “New York is facing the prospect … “New York’s rainy day reserves are at low levels compared to many states and the use of temporary resources to meet …

https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gaps

DiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers

… Major changes to the federal tax code being considered by the President and Congress would have significant implications … $67 billion in state and local tax deductions reported by New Yorkers on their federal taxes, according to a report … Major changes to the federal tax code being considered by the President and Congress would have significant …

https://www.osc.ny.gov/press/releases/2017/07/dinapoli-loss-federal-deductions-trump-tax-plan-could-hurt-new-yorks-middle-class-taxpayers

New 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 … (PPP), according to Census Bureau survey data for the week ending June 27. $38.2 billion in PPP loans were approved … fund balance appears to indicate a strong cash position, it reflects factors including $4.5 billion in short-term …

https://www.osc.ny.gov/reports/covid-19-august-5-2020

Office of Operations: 2024 Virtual Fall Conference

… WHO SHOULD ATTEND This conference is intended for State agency staff who have responsibility for adding … Blumenthal, Alexis Lorenzana and Karissa Ryder (Bureau of State Expenditures) Target Audience: Agency Fiscal and … Lindsay Gajda, Cori Bilka and Alisia Franke (Bureau of State Payroll Services) Target Audience: Agency Payroll …

https://www.osc.ny.gov/state-agencies/outreach/office-operations-2024-virtual-fall-conference

State Comptroller DiNapoli Releases Municipal Audits

… with discharge limitations. IWS personnel do not measure or verify the amount of liquid and/or slush waste trucked in for treatment and disposal; … dollar limits for individual purchases, set daily limits or block certain types of vendors as required by the policy. …

https://www.osc.ny.gov/press/releases/2017/04/state-comptroller-dinapoli-releases-municipal-audits-0

DiNapoli Releases Municipal Audits

… deposits; 10 cases totaling $2,520 were reported to the DMV as paid, with no related records of receipt; and there … some controls to be reimbursed for the cost of cell phone services provided to certain individuals, it lacked a …

https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-audits-0

Comptroller DiNapoli Releases Municipal Audits

… County , Carle Place Water District , Circleville Fire Company , Village of Hempstead , Hoags Corners Volunteer Fire Company , Humphrey Fire District , Livonia Hook and Ladder … Also, the treasurer has not filed the annual foreign fire insurance report for 2012, as required, and does not maintain …

https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-0

Opinion 95-11

… the intent of the framers is to be first sought in the words and language employed and, if the words plainly and clearly express the sense of the framers, … effect should be given to all the statutory language, and words are not to be rejected as superfluous when they may be …

https://www.osc.ny.gov/legal-opinions/opinion-95-11

State Comptroller DiNapoli Releases Municipal Audits

… City of Troy and the West Ghent Volunteer Fire Company . "In today's fiscal climate, budget transparency and … that the significant revenue and expenditure projections in the tentative budget were reasonable and the town's 2018 … or services that may not be for valid authority purposes. In addition, the account clerk is authorized to use their …

https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-audits

DiNapoli: NYC Transportation and Warehousing Sector Fares Better Than Other Sectors in Recovery Amid Shift to E-Commerce

… New York City’s transportation and warehousing sector … than the city’s private sector as a whole (73%), according to a report released today by State Comptroller Thomas P. … said. “Transportation and warehousing is crucial to keep New York City’s economy moving. As goods continue to be moved …

https://www.osc.ny.gov/press/releases/2022/06/dinapoli-nyc-transportation-and-warehousing-sector-fares-better-other-sectors-recovery-amid-shift-e

DiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves

… at $38.7 billion just four months ago have been reduced to $3.4 billion, according to a report released today by State Comptroller Thomas P. … resources are used for critical infrastructure projects to reduce debt issued and to bolster reserve funds beyond … at $387 billion just four months ago have been reduced to $34 billion according to a report released today …

https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reserves

Implications for the Future – 2022 Financial Condition Report

… The Economic Outlook: Uncertainty Remains As the world faced the third year of the COVID-19 pandemic, its impact on the economy continued … As the world faced the third year of the COVID19 pandemic its …

https://www.osc.ny.gov/reports/finance/2022-fcr/implications-future

Arts, Entertainment and Recreation in New York City: Recent Trends and Impact of COVID-19

… as well, by leveraging outdoor venues and enhanced rapid testing and safety protocols. The City has also taken steps … as vaccinations increase, weather becomes warmer, rapid testing expands and safety guidelines continue to be refined …

https://www.osc.ny.gov/reports/osdc/arts-entertainment-and-recreation-new-york-city-recent-trends-and-impact-covid-19

State Comptroller DiNapoli Releases Municipal Audits

… Sherrill , Walden Fire District #2 and the West Niles Fire Company . "In today's fiscal climate, budget transparency and … which subsequently lowered tax rates for town residents living outside of the village. East Islip Public Library – … period for 27 purchases totaling $77,044. West Niles Fire Company – Financial Activities (Cayuga County) The board has …

https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-municipal-audits

Comptroller DiNapoli Releases Municipal Audits

… were not reported to the Office of State Comptroller as required. Reports on the condition of court and trust funds … were in such poor condition, the board was precluded from fully understanding the district’s financial condition. … board has not developed a multiyear financial and capital plan to address the town’s long-term priorities. City and …

https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-municipal-audits-1