Search
DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… year (FY) 2022 due to federal aid, better-than-projected tax revenues, and planned savings, according to a report … expected to provide $1.7 billion in better-than-projected tax revenues in FY 2022, according to its February plan. The … returning to its 10-year pre-pandemic average. Property tax revenues are now expected to rise in FY 2023 by $1.5 …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli Releases Analysis of State Financial Plan
… After two years of extraordinary volatility in state finances, the State Fiscal Year (SFY) 2022-23 … on or ahead of schedule may help prevent disruptions in critical programs and services.” Financial Plan Overview The DOB Financial Plan projects disbursements in SFY 2022-23 of $222.2 billion from All Funds, including …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… but an influx of new funding has helped the MTA shore up its finances,” DiNapoli said. “This newfound fiscal … opportunity to make improvements that will ensure a safe, clean and on time transit system that riders want to use. If … in 2024 that could have ballooned to $1.6 billion in 2026. With new funds made available by the state and city, …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… This constituted 38.9% of households, the 3 rd highest rate of housing cost burden among states. New York … to 34% and 29%, respectively, nationally. New York’s rate of homelessness, at about 5 per 1,000 people, was the … 24% in the North Country and Mohawk Valley to 27% in the Finger Lakes. At least 40% of rental households were burdened …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: New York City's Budget Outlook Improves
… from the re-introduction of the city’s water and sewer rental payments. The January Financial Plan also included the … once fully phased in. Risks to Social Services Cash and rental assistance enrollment is likely to remain higher than pre-pandemic levels in the near future. This is the result of current economic …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects … should build on its efforts to help communities access funding to ensure the success of these programs continues.” … corporation that provides financing assistance through grants, loans, and technical expertise to state and local …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… energy but must take stronger action to meet the state’s clean energy goals, according to an audit released today by … of risks by PSC is needed to achieve our ambitious clean energy goals,” DiNapoli said. “New York has been a … based on new laws and directives, which may drive clean energy demand and supply up, like electric vehicles, …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… Coney Island’s back." “From world-famous beaches to the home of America’s Playground, Coney Island and Brighton Beach … than doubled over the same period, increasing from $609.1 million to $1.5 billion — a rate similar to all of Brooklyn … expands among renters who are severely burdened — spending 50% or more of their income on housing — 42.3% in the area …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeDiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year
… State tax receipts totaled $54.6 billion through the first six … Enacted Budget Financial Plan. On a year-over-year basis, tax collections were $3.1 billion higher than those through … September 2023, primarily driven by the Personal Income Tax (PIT) according to the monthly State Cash Report released …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… reporting of sewage discharges; and the State Pollutant Discharge Elimination System (SPDES) program, which controls … within five days of a “dry weather overflow,” where sewage discharge results from events such as blocked or broken sewer … the SPDES program, DEC issues both individual and general discharge permits. SPDES permit holders have certain …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… bolster reserve funds beyond planned levels to help us to weather the next crisis or recession.” Financial Plan … is statutorily authorized. If collections remain above forecast and are not needed to cover unanticipated expenses, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… program contributed to delays in urgent home repairs for seniors. The audit found the agency needs to do more to … “The RESTORE program has been a vital resource for seniors across our state whose homes may be at risk if they … gave out 49 RESTORE awards for 785 projects to assist seniors needing emergency home repairs. The program’s total …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersDiNapoli: NYC Financial Plan Improved From June
… continued improvement in the city’s fiscal position since June, but city finances could come under pressure amid a … November Plan shows higher revenue of $2.5 billion since June due to unanticipated federal grant funds. The plan also … billion) and FY 2026 ($5.9 billion) than estimated in June. Certain PEG savings are also expected from anticipated …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… opportunity to ease the pressure that growing debt places on its operations and stabilize its future finances, … stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. … its strength and win back riders to a safe, reliable and on-time transit system.” The state’s increase in the payroll …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: New York May Be Paying Medicaid Premiums for People Living Out-of-State
… that were paid for members who may have resided outside of New York. Auditors found that the state Department of Health … not properly check to confirm that Medicaid members were New York residents and waited too long to recoup improper … payments, protect the program’s integrity, and ensure New York is only paying Medicaid costs for its residents.” …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-new-york-may-be-paying-medicaid-premiums-people-living-out-stateCapital Asset Management (2022-S-32)
To determine whether the Office of General Services is adequately overseeing selected agencies and related entities to ensure that they have proper inventory controls in place to safeguard assets and that they are properly reporting capital assets.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/2022-S-32.pdfOversight of the Early Intervention Program
To determine whether the Department of Health (Department) is effectively administering the Early Intervention Program (Program) in compliance with all applicable laws and regulations and ensuring equitable and timely access to services for children across the State.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-21s25-response.pdfReview of the Financial Plan of the City of New York, August 2023
While May marked the end of the public health emergency in the United States, New York City continues to face the residual effects of the pandemic and the many unanticipated consequences on its finances, operations and economy.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2024.pdfUnitedHealthcare Insurance Company of New York: Improper Payments for Acupuncture and Acupuncture-Related Services (Follow-Up) (2023-F-14)
To determine the extent of implementation of the four recommendations included in our initial audit report, New York State Health Insurance Program – UnitedHealthcare Insurance Company of New York: Improper Payments for Acupuncture and Acupuncture-Related Services (Report 2020-S-7).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-23f14.pdfImproper Overlapping Medicaid and Essential Plan Enrollments (2020-S-66) 180-Day Response
To determine whether Medicaid and Essential Plan enrollments determined by NY State of Health were accurately reflected in eMedNY when individuals transitioned between the Medicaid and Essential Plan programs and to identify overpayments resulting from inaccurate enrollments.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-20s66-response.pdf