Search
Inflation in the New York City Metropolitan Area
… remained low, generally under 2 percent; however, price increases began to accelerate in the spring of 2021 and … costs in the NYC metro area have grown most steeply for energy, transportation, recreation and food. While some price … of goods. For example, housing comprises the largest share of consumer spending (39 percent in the NYC metro …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… open bank branches that provide financial services to communities that show a real need for retail banking … Development Districts help expand banking services to the communities that need it the most. Having access to a bank … have access to a bank in their community." "Underserved communities need proper financial service institutions to …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesDiNapoli: NYC’s Solid Housing Growth at Risk As Permits Fall
… have led to a growth in supply that outpaced that of the state, but a drop in permits suggests slower growth may … part of that review, greater information is needed on just how much of the housing being added is affordable to low- and … York City: Housing (Jan. 2024) Residential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities (Sept. …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-nycs-solid-housing-growth-risk-permits-fallDiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… the city took emergency steps to cut costs and maintain cash levels so it could deliver basic services, leveraging … well over pre-pandemic projections when state and federal assistance are included. Budget gaps facing the city … anticipated, to stay prepared for when revenues drop or cash is needed suddenly in response to the next unexpected …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… than five employees grew over 10% in New York City during the COVID-19 pandemic, according to a report released today … in the city, as they accounted for more than 71% of all businesses citywide. During the second half of the … the largest businesses grew 9.6%, rising to 990,419 jobs. All other business class sizes had employment levels in 2023 …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… costs. The city should be more transparent on its strategies to address future issues and inform taxpayers on …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadOpinion 99-9
… to pay for continuing legal education tuition for city attorney) MUNICIPAL FUNDS -- Appropriations and … if authorized under the city's charter and, if it is not so authorized, the city may adopt a local law to provide … if authorized under the city's charter and, if it is not so authorized, the city may adopt a local law to provide …
https://www.osc.ny.gov/legal-opinions/opinion-99-9DiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… but the city will face some dire choices in 2021 if the federal government does not deliver direct aid to state and local governments soon, according to a budget analysis released today by State Comptroller Thomas P. DiNapoli. “The city’s budget this year was aided by …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefNew York State Comptroller Thomas P. DiNapoli and Orange County District Attorney David M. Hoovler Announce Guilty Plea in City of Newburgh Embezzlement Case
… County Court Judge Robert H. Freehill, to grand larceny in the fourth degree, for having stolen money while he was … comptroller to steal money collected from boat-launch fees in the city of Newburgh. Aber is scheduled to be sentence on … converting the funds to his own use is a serious matter. My office will continue to prosecute any theft of public …
https://www.osc.ny.gov/press/releases/2017/07/new-york-state-comptroller-thomas-p-dinapoli-and-orange-county-district-attorney-david-m-hoovlerOpinion 97-8
… LOCAL LAWS -- Claims (certification requirement) SECOND CLASS CITIES LAW, §64; MUNICIPAL HOME RULE LAW, … St Comp, 1956, p 442). In this regard, we note that Second Class Cities Law, §64 prescribes the audit of claims … against cities governed by that provision (see Second Class Cities Law, §4). That section provides, in pertinent …
https://www.osc.ny.gov/legal-opinions/opinion-97-8State Comptroller Thomas P. DiNapoli Statement on New York City Mayor’s Proposed Executive Budget
… for Fiscal Year (FY) 2024: “The city has laid its fiscal cards on the table, including budget risks my office has …
https://www.osc.ny.gov/press/releases/2023/04/state-comptroller-thomas-p-dinapoli-statement-new-york-city-mayors-proposed-executive-budgetThe Transportation and Warehousing Sector in New York City
… . 15 New York City, Mayor de Blasio Announces Taxi Medallion Owner-Driver Relief Fund , … https://www1.nyc.gov/office-of-the-mayor/news/168-21/mayor-de-blasio-taxi-medallion-owner-driver-relief-fund . 16 OSC, … New York Times , March 6, 2021, at https://www.nytimes.com/2021/03/06/business/global-shipping.html . 21 Ana Maria …
https://www.osc.ny.gov/reports/osdc/transportation-and-warehousing-sector-new-york-cityRye City School District – Payroll (2024M-2)
Determine whether Rye City School District (District) officials ensured overtime was properly budgeted, approved, monitored, recorded, and paid.
https://www.osc.ny.gov/files/local-government/audits/2024/pdf/rye-city-school-district-2024-2.pdfNew York City Contract Spending Trends
New York City spent $22.7 billion on expense contracts in FY 2023 excluding contracts for COVID-19 and asylum seekers. This compares to $10.6 billion in FY 2010.
https://www.osc.ny.gov/files/reports/pdf/report-10-2025.pdfProbation, New York City Department of
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/probation-nyc-department.zipFinance, New York City Department of
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/nyc-department-finance.zipEducation, New York City Department of
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/nyc-department-education.zipBuildings, New York City Department of
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/nyc-department-buildings.zipNew York City Agency Services Update
New York City has the largest municipal budget and public workforce in the nation, with a citywide budget of over $115 billion (FY 2025) and more than 300,000 employees (June 2024) tasked with providing a vast array of services to its more than eight million residents.
https://www.osc.ny.gov/files/reports/pdf/report-19-2025.pdfHousing Production in New York City
Over the last 14 years, housing supply growth in New York City outpaced that of the state, even as it lagged the nation. The growth was driven, in part, by more recent housing production.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-24-2025.pdf