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New York’s Economy and Finances in the COVID-19 Era
… Well over half of New York’s small businesses said they do not expect business to return to its normal level of … take more than six months 12% of New York small businesses do not expect a return to normal levels at all – a finding …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… a new citywide savings program, the out-year gaps have grown slightly, to nearly $3 billion in FY 2022 and $3.2 … will slow during the financial plan period, but they do not anticipate a recession. Although the likelihood of a … go to https://osc.state.ny.us/osdc/rpt10-2020.pdf Find out how your government money is spent at Open Book New York . …
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
… (RCM). We audited the costs that MIM reported on its CFR for the fiscal year ended June 30, 2015. About the Program MIM is an SED-approved, for-profit special education provider located in Newburgh. … are between three and four years of age. MIM is reimbursed for these services through rates set by SED. The …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… for events at the Town of Crawford Senior Center. Roy is scheduled to be sentenced on May 18, 2020. Roy agreed that … taxpayer dollars were being used responsibly. Now, she is a convicted felon who must pay back more than $20,000,” … public resources will not be tolerated." “Public service is a sacred trust and those who abuse their positions to …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… the Department of Corrections and Community Supervision (DOCCS) has developed targets and plans to effectively meet … and authorities by April 1, 2020. Key Findings Generally, DOCCS has developed targets and plans to contribute toward EO 88 and has complied with the Guidelines. However, DOCCS did not submeter all buildings greater than 100,000 …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… according to an audit released today by New York State Comptroller Thomas P. DiNapoli. “Homeless outreach in the …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a complaint …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… Former Tupper Lake Volunteer Fire Department Treasurer Timothy J. Brown was arrested on … card debt. "From plane fare to pizza, Mr. Brown used fire department money for his own benefit, even shamelessly … of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… funding for education, clean water, affordable housing and other programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum spending with … be allocated, how recipients are selected or what public benefits are expected. Additionally, significant amounts of …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, … the COVID-19 pandemic,” DiNapoli said. “This growth is an indicator that New York is experiencing an economic recovery, … must closely watch changing economic conditions as supply chain shortages and workforce disruptions may impact …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… has committed approximately $400 million to two funds as part of its Sustainable Investments and Climate Solutions … poses investment risks, it also creates opportunities for the state pension fund to invest in the companies and … $300 million to Copenhagen Infrastructure Partners IV, a European investment fund that will focus on investments in …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNew York’s Economy and Finances in the COVID-19 Era
… product is projected to increase by 4.4 percent in calendar year 2021 after an estimated decline of 3.4 percent … pandemic. That figure compares to just $2.1 billion during calendar year 2019. But the flow of UI benefits has slowed in …
https://www.osc.ny.gov/reports/covid-19-january-21-2021DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… collections continue to lag prior year results, tax collections through February were $758.4 million higher … by New York State Comptroller Thomas P. DiNapoli. State tax revenues for fiscal year 2021 totaled $75 billion through … to be cautiously optimistic with better-than-forecasted tax revenues from February and the passing of significant …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… businesses and the additional funding is a welcome shot in the arm. Lawmakers and administrators should keep … Washington allocated a total of $953 billion for the PPP in three rounds of funding in March ($349 billion), April ($320 billion) and December …
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
… 2, 2020 November 12, 2020 October 28, 2020 October 14, 2020 September 30, 2020 September 16, 2020 September 2, …
https://www.osc.ny.gov/reports/covid-19-february-3-2021DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… Thomas P. DiNapoli. This growth was largely driven by New York City, with several upstate regions experiencing a … first quarter showed modest year-over-year growth, led by New York City and its resurgent hospitality industry,” … a variety of economic influences.” Tourism Strong Again in New York City In the first quarter of 2024, New York City saw …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… State tax receipts totaled $27.6 billion through the first quarter … up, consumer spending has slowed in recent months and some tax collections are showing signs of weakness. My office will … and long-term for our state’s finances.” Personal income tax (PIT) receipts totaled $14.5 billion, $128.4 million …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: Local Sales Tax Collections Grew by 14% in October
… Local sales tax collections in New York state increased by 14.1% in October compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberHomeless Outreach Services in the New York City Subway System
… the Metropolitan Transportation Authority (MTA) and the New York City Department of Homeless Services (DHS) have appropriate oversight and …
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)
… of the three recommendations included in our initial audit report Oversight of Resident Care-Related Medical Equipment … whether the Department of Health’s (Department) monitoring and inspection of nursing homes is sufficient to determine if … its Division of Nursing Homes and Intermediate Care Facilities for Individuals with Intellectual Disabilities …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/oversight-resident-care-related-medical-equipment-nursing-homes-follow