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DiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… Total revenue for New York City’s budget is expected to drop by 9.4% to … risks means the city should continue to identify areas for savings, track how its services are delivered amid … in FY 2023. City funds are projected to account for 73% of total revenues, or $73.3 billion, in FY 2023. The city also …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… increase among selected major metropolitan areas in the US according to a new report from New York State Comptroller …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… a surplus of $3.4 billion for fiscal year (FY) 2016, but concerns for the near future are growing with a slowing … 2020. HHC has proposed an ambitious gap-closing program, but it relies heavily on actions that have fallen short of … a surplus of $34 billion for fiscal year FY 2016 but concerns for the near future are growing with a slowing …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli: 2023 Wall Street $34 Billion Bonus Pool Relatively Flat Over 2022
… previous year’s average of $180,000, according to New York State Comptroller Thomas P. DiNapoli’s annual estimate. Wall … “While these bonuses affect income tax revenues for the state and city, both budgeted for larger declines so the … for work performed in 2023 and bonuses deferred from prior years that have been cashed in. The estimate does not include …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-2023-wall-street-34-billion-bonus-pool-relatively-flat-over-2022DiNapoli 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 government funding, accounting for 6.4% of total spending, according to a series of briefs released … New York Citys proposed Fiscal Year FY 2026 operating budget relies on $74 billion in federal …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-cityOpinion 95-3
… restaurant meals, hotel room occupancy, amusement admissions or any combination thereof, the county tax on the … restaurant meals, hotel room occupancy and amusement admissions. In view of the sales taxes imposed by the cities, … restaurant meals, hotel room occupancy, amusement admissions, or any combination thereof (Tax Law, §1210[b][1]; …
https://www.osc.ny.gov/legal-opinions/opinion-95-3DiNapoli: Fiscal Stress May be Looming for Glens Falls
… The city of Glens Falls’ financial condition has declined due to burdensome debt costs, the subsidization of a downtown civic center and expenses … The city of Glens Falls financial condition has declined due …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-fallsOpinion 94-2
… rule or regulation, may "[p]rovide for the installation, operation, maintenance, policing, and supervision of parking … parking time limits at such meters, designate hours of operation of such meters, and fix and require the payment of fees applicable to parking where such meters are in operation ...". Section 1640(a)(17) of the Vehicle and …
https://www.osc.ny.gov/legal-opinions/opinion-94-2DiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… While job growth has slowed in the city as the labor market has tightened, the economy remains strong. The city … in FY 2018 and Mayor de Blasio's administration has set aside $250 million annually in its Capital Stabilization …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsState Comptroller DiNapoli Statement on New York City Preliminary Budget
… relief and increasing projections based on year-to-date tax collections. In combination with another Program to … while projections of budget gaps in FY 2025 and FY 2026 have declined, the city has chosen not to reflect the …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-statement-new-york-city-preliminary-budgetState Comptroller DiNapoli Releases Municipal Audits
… significant consequences on the city, such as reputation damage, lawsuits, a disruption in operations or a security …
https://www.osc.ny.gov/press/releases/2021/03/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Economic and Tax Collection Growth Slowing in New York City
… have been affected by the stronger dollar and weakened global economies, and after two years of job growth, the … refinancing bonds issued by the Sales Tax Asset Receivable Corp. The report also found that the Health and Hospitals …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli: Employment Among Mothers in NYC Improves, But Unemployment Remains Higher Than Pre-Pandemic Levels
… city and state have improved access to early education and child care for working mothers and families, but more can be … 50,000 city mothers preferred part-time work, and this number jumped to nearly 64,000 in 2022, an increase of 28.5%. … government financial records, track state contracts, and find commonly requested data. …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-employment-among-mothers-nyc-improves-unemployment-remains-higher-pre-pandemic-levelsDiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow
… its budget gaps for Fiscal Years (FY) 2025 through 2027 to an average of $12.6 billion annually, fueled by spending … its budget gaps for Fiscal Years 2025 through 2027 to an average of $126 billion annually fueled by spending …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-nyc-fiscal-year-2024-budget-balanced-out-year-gaps-continue-growIdentifying Fiscal Cliffs in New York City’s Financial Plan
… added approximately $30 million annually beginning in FY 2023. WTC Zadroga: In February 2022, the City added baseline funding of $51.5 million in FY 2023 for matching City spending related to the World Trade … (SHOW): In April 2022, the City added $19.3 million in FY 2023 and $13.7 million in the out-years for NYC Health + …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-planDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared for another … DiNapoli has engaged with a focus on resiliency planning in New York City. “It is not a matter of if, but when, … said Assemblymember Khaleel M. Anderson (31 st Dist.). “In the decade since Sandy, it seems the city has fallen on …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… and New York City Comptroller Scott M. Stringer released a joint letter today on behalf of the state and city pension … "The momentum of the LGBT civil rights movement here in the U.S. is inspiring, but LGBT men and women face a … of the website, and our investment, at risk." "VK.com must take down these horrific videos and stand up against hate and …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-worldStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… of $2 billion per year beginning in FY 2025. “The good news in the financial plan update is that revenues have …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateNew York City’s Uneven Recovery: Youth Labor Force Struggling
… 1 – Unemployment and Labor Force Participation Rates for Workers Aged 16 to 24 by Geography Unemployment Labor … rates are still significantly higher than those for all workers, at 5.6% in New York City, 1.6% in the rest … have applied to the Program in prior years. At only 75,000 spots prior to the Mayor’s expansion, many were turned away. …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-youth-labor-force-strugglingNew York City’s Uneven Recovery: Mothers in the Workforce
… York City, 2000 to 2022 Sources: U.S. Bureau of Labor Statistics, Current Population Survey; OSC analysis The … points. Numbers are rounded. Sources: U.S. Bureau of Labor Statistics, Current Population Survey; OSC analysis Nine … Ethnicity in New York City Sources: U.S. Bureau of Labor Statistics, Current Population Survey; OSC analysis However, …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-mothers-workforce