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DiNapoli: Local Tax Cap Will Be Two Percent in 2022
… federal financial assistance. At the same time, the risk of inflationary cost increases and the need for investments … in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions, including a …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022NYC Surplus Projected to Reach $550 Million in FY 2020
… personal and business income tax collections during the first four months of the year, according to a report … will decline by 26 percent in 2019, profits were up 10 percent in the first three quarters of the year. … which begins April 1, 2020, has grown since August from $4 billion to $6.1 billion according to the state …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… that MIM reported on its CFR for the fiscal year ended June 30, 2015. About the Program MIM is an SED-approved, … with the RCM requirements. For the fiscal year ended June 30, 2015, MIM reported $571,094 in reimbursable costs … it operated. Key Findings For the fiscal year ended June 30, 2015, we identified $27,970 in costs reported by MIM …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualHomeless Outreach Services in the New York City Subway System
… Objectives To determine whether the Metropolitan Transportation Authority (MTA) and the New York City Department of Homeless Services (DHS) have … and monitoring controls over homeless outreach services in the New York City subway system and whether they have met …
https://www.osc.ny.gov/state-agencies/audits/2020/01/16/homeless-outreach-services-new-york-city-subway-systemOversight of Resident Care-Related Medical Equipment in Nursing Homes (Follow-Up)
… Objective To determine the extent of implementation of the three recommendations included in our initial audit report Oversight of Resident Care-Related Medical Equipment in Nursing Homes … To determine the extent of implementation of the three recommendations included in …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/oversight-resident-care-related-medical-equipment-nursing-homes-followDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… significantly worse, in part because the city’s Department of Homeless Services (DHS) has neglected to monitor a … Beginning in Jan. 2019, DiNapoli began releasing a series of audits examining MTA’s outreach efforts to the homeless … Road. These audits have generally found lax MTA oversight of the non-profit entities it has hired, even as they failed …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationNew York’s Economy and Finances in the COVID-19 Era
… Selected Economic Trends Job Losses Are Concentrated in Lower-Paid Sectors Six months into the COVID-19 recession, New Yorkers working in lower-paid sectors continue to suffer a disproportionate … share of job losses statewide and especially in New York City. Among the nearly 1.3 million net jobs the …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New 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 state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions … York households expect a loss of employment income within the next four weeks according to new data from the Census …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… mechanisms, as well. Pandemic Drives Higher Need for SNAP, Medicaid, Cash Assistance In the wake of the economic … Medicaid, the Supplemental Nutrition Assistance Program (SNAP) and cash assistance programs than were doing so before … by the Division of the Budget. Due to facility closures in response to the pandemic, video lottery terminal (VLT) …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Edition … a financial lifeline for households all across New York. But the flow of support to the unemployed is scheduled to …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions …
https://www.osc.ny.gov/reports/covid-19-august-19-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… 9, 2020 Edition Selected Economic Trends More Than Half of Adult New Yorkers Affected by Loss of Employment Income As … reported, New York’s unemployment rate has soared upward in recent months, with May's 14.5 percent nearly four times … in their household will experience a loss in job income in the coming four weeks Source: U.S. Census Bureau, as of …
https://www.osc.ny.gov/reports/covid-19-july-9-2020New 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 state’s economy and finances. Subscribe to get …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last … annual report on Wall St.’s performance . “An injection of federal stimulus money, plummeting interest rates and … the securities industry provides an outsized source of revenue, but the rising profits on Wall Street are …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New 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 … other economic indicators, as well as tax revenues. Real U.S. gross domestic product is projected to increase by 4.4 …
https://www.osc.ny.gov/reports/covid-19-january-21-2021DiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… New York City was the early epicenter of the COVID-19 pandemic outbreak, but many small businesses hit … difficulties meeting the program’s rigid requirements and lacked access to major lenders, according to a report … New York City was the early epicenter of the COVID19 pandemic outbreak but many …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingNew York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s … City and in the rest of the State were nearly identical — but those numbers have since diverged sharply. As shown in … in shoring up the State’s finances, but more is needed. While the outlook for State tax revenues has improved …
https://www.osc.ny.gov/reports/covid-19-february-3-2021New York’s Economy and Finances in the COVID-19 Era
… Again? New Yorkers’ average student loan balance rose by 3.9 percent from the previous year to $37,600 as of June … 20.1 percent since 2016. The average balance owed by New Yorkers was 5 th highest among the states. The table … borrowers in New York and other states. Student Loan Debt by State, 2020 (Table) Average Amount Owed Percentage of …
https://www.osc.ny.gov/reports/covid-19-january-7-2021New York’s Economy and Finances in the COVID-19 Era
… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more … New York State Department of Labor Medicaid Enrollment in New York Jumps by 600,000; Total Increase May Reach … Total employment in New York State fell in March and again much more sharply …
https://www.osc.ny.gov/reports/covid-19-november-12-2020