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DiNapoli: Public Authority Debt Ballooned to $329 Billion
… reported debt outstanding totaling more than $329 billion in their most recently reported fiscal years, an increase of … “Many of New York’s public authorities play a major role in state operations, but far too often they function without … efficiently.” Public authorities have an outsized impact in New York where they are responsible for a wide range of …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionDiNapoli Report Highlights Where New Yorkers Work
… DiNapoli shows the state’s employment picture has changed in significant ways since 2000 with the health care and … manufacturing and financial activities shrank. Employment in health care and social assistance had the greatest increase in jobs since 2019, with the sector now comprising nearly one …
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
… (SFY) 2023-24, $1.7 billion higher than estimates released in the Division of the Budget’s (DOB) July Update to the … Thomas P. DiNapoli. “The economy exhibited resilience in the first half of the year,” DiNapoli said. “Continued job … PIT receipts were $7.2 billion lower than the same period in SFY 2022-23, reflecting, in part, this year’s financial …
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
… The New York State Common Retirement Fund’s overall return in the third quarter of the Fund’s 2015-2016 fiscal year was … of its third quarter. “The Fund experienced some recovery in the third quarter as markets continued to challenge … long term investor, however, the Fund measures its success in years and decades, not months. We’re focused on prudent …
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
… a New York City-based technology company specializing in boosting sales through tracking website visitor activity, … today. The investment was made through the Fund’s In-State Private Equity Program which makes investments in New York State-based companies. “Since 2011, the New York …
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
… risks to the public’s health and safety have languished in the state’s Brownfield Cleanup Program (BCP), according to … abandoned properties back to productive use, but delays in remediating properties may allow contaminants to spread, … encouraging private parties to voluntarily clean them up in exchange for liability relief, technical assistance, and …
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
… New York City’s proposed Fiscal Year (FY) 2026 operating budget relies on $7.4 billion in federal … at least $535 million of federal aid in FY 2025 and FY 2026, but notes that nearly all federal operating aid that … to nearly $400 million in FY 2025 and $135 million in FY 2026. However, this only considers budgeted amounts as of the …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-cityDiNapoli: State Tax Receipts Outpaced Projections Through December
… (SFY) 2024-25, $1.2 billion higher than estimates released in the Division of the Budget’s (DOB) Mid-Year Update to the … December,” DiNapoli said. “However, recent volatility in the markets and persistent inflation are cause for concern. In addition, the direction of federal tax policy under the …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberDiNapoli Audit: Drivers for Disabled New Yorkers Drove with Suspended Licenses; Racked up Hundreds of Violations, Including Speeding Through School Zones
… has not ensured that the employees who transport clients in NYC drive safely and have valid driver's licenses, … care and residential support services for New Yorkers. In New York City it oversees 115 residences through offices in Manhattan, the Bronx, Brooklyn, Queens and Staten Island. …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-audit-drivers-disabled-new-yorkers-drove-suspended-licenses-racked-hundreds-violationsDiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… financial plan project a surplus of $2.6 billion in the current fiscal year, ending on June 30, which will be … 2009 and 2017, its largest and longest job expansion in the post–World War II period. After adding 81,000 jobs in 2017, employment reached 4.4 million, 615,000 more than …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedDiNapoli Announces $114 Million of G.O. Bonds Awarded
… the lowest true interest cost bid of 1.668079 percent in the competitive sale. The bonds are scheduled to be … the lowest true interest cost bid of 1668079 percent in the competitive sale …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-announces-114-million-go-bonds-awardedOpinion 91-15
… of the plat is completed, the village may not impose an additional park land fee on the same plat under its … decisions, the village in this instance may not impose an additional park land fee as a prerequisite to "resubdivision" … the same, the revised subdivision does not generate additional village residents with the resulting incremental …
https://www.osc.ny.gov/legal-opinions/opinion-91-15Opinion 90-57
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Powers and Duties (need for … within the village, but is not subject to referendum in any area outside the village which contracts to receive … fire protection services from the village fire department. In negotiating the consideration payable to a village under a …
https://www.osc.ny.gov/legal-opinions/opinion-90-57Opinion 91-30
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Interest in Contract (purchases under State or county contract) … duties as sales representative require direct involvement in the procurement of contracts with the town would have a …
https://www.osc.ny.gov/legal-opinions/opinion-91-30Opinion 92-48
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Mandatory Reserve Fund … improvement or equipment, subject to the limitations in section 6-l as amended by 413 of the Laws of 1991. This … No. 87-71, p 107 still represents the views of this Office in light of the subsequent amendment of 6-l of the General …
https://www.osc.ny.gov/legal-opinions/opinion-92-48Opinion 94-3
… or statutory amendments that bear on the issues discussed in the opinion. STATE COMPTROLLER -- Approval by (for … The approval of the State Comptroller is not required in connection with a proceeding for the improvement of a road … whether the approval of the State Comptroller is required in connection with a proceeding for the improvement of a …
https://www.osc.ny.gov/legal-opinions/opinion-94-3DiNapoli Releases Report on 30-Day State Budget Amendments
… state budget appropriately lower tax collection estimates in the Financial Plan for state fiscal year 2014-15 but … of the amendments give the Executive great latitude in spending,” DiNapoli said. “And while particular … reports that DOB has also modified projections made in the SFY 2014-15 third quarter financial plan update …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… full restitution after admitting to stealing nearly $6,000 in cash from bail collections. The clerk, Trudy Harper, 40, was arrested in June and charged by Ulster County District Attorney D. … After pleading guilty earlier this year, she was sentenced in Saugerties Town Court on March 4. Harper was sentenced to …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… Partners for Growth (HPG), pleaded guilty to Grand Larceny in the Fourth Degree for stealing $1,711 in cash from the non-profit’s Annual Fourth of July festival … from 2014 to 2018 and resigned as the Almond town clerk in Allegany County in Spring of 2021. “This plea was …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growth