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DiNapoli: State Faces Potential Budget Gaps
… billion in revenue from a top personal income tax (PIT) rate of 8.82 percent on certain higher-income taxpayers that …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gapsSelected Aspects of Leasing Practices for Real Estate Services Department and Port Commerce
… (PANYNJ) was established in 1921 and was the first bi-state agency ever created under a clause of the Constitution … by private enterprise or would not be attempted by either state alone. These include the development of major …
https://www.osc.ny.gov/state-agencies/audits/2019/05/16/selected-aspects-leasing-practices-real-estate-services-department-and-port-commerceSignal Maintenance, Inspections, and Testing
… Transit (NYCT) performed signal maintenance, inspections, and testing in compliance with federal, State, agency, and manufacturer standards. The audit covers the period … among them, Electrical is responsible for Power and Signals. Subway track is divided into sections for …
https://www.osc.ny.gov/state-agencies/audits/2018/10/17/signal-maintenance-inspections-and-testingDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… New York City ended its 2016 fiscal year on June 30 with an … released today by State Comptroller Thomas P. DiNapoli. “New York City’s finances have been boosted by strong economic …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Great Recession," DiNapoli said. "New York City’s economy is strong, the 2018 budget is balanced and the out-year gaps are manageable under … difficult times may lie ahead, depending on the effects of what happens in Washington." The November update to the …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Report Warns of Growing State Debt
… the following four years to $71.8 billion, according to a report issued today by New York State Comptroller Thomas P. … of debt, including voter approval of borrowing and better capital planning for infrastructure projects. "New York faces … My debt reform proposal would help ensure effective capital planning and manageable debt levels." The Debt Reform …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… of its financial plan, the city reached a tentative labor agreement with District Council 37. It also announced an agreement with the Municipal Labor Committee to generate $1.7 … report , or go to: http://osc.state.ny.us/osdc/rpt5-2019.pdf Find out how your government money is spent at Open Book …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… the EPF during the coming five-year period. Under state law, certain revenue streams are to be deposited into the EPF … collected for violations of the state's container deposit law; and service charges associated with conservation-themed …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentDiNapoli: Audits Find Certain IDAs Lack Job Creation Data
… county. However, Cattaraugus officials do not verify the investment and job information provided when businesses apply …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-audits-find-certain-idas-lack-job-creation-dataDiNapoli: Fairport Audits Reveal Unauthorized Practices for Economic Development Agencies
… projects. Inappropriate Investments The FIDA and FURA investment account had $911,000 improperly invested in bonds …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-fairport-audits-reveal-unauthorized-practices-economic-development-agenciesState Comptroller DiNapoli Releases Audits
… The City responded with a marked increase in capital investment for shelter improvement projects. At the time of …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-auditsOpinion 90-24
… of authority to hire) LOCAL FINANCE LAW, §56.00: A municipal finance board may not, pursuant to Local Finance … That opinion concluded that Local Finance Law, §56.00(a) authorizes a finance board of a municipality to delegate … of the municipality unless a state or local law provides for the delegation of that authority. As noted, Local Finance …
https://www.osc.ny.gov/legal-opinions/opinion-90-24Audit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract
… New York state with no tangible results, according to an audit released today by State Comptroller Thomas P. DiNapoli. … advertising program should be formally measured against outcome targets established for the various programs, and … contract. ESDC only provided details about Start-Up NY, a tax free incentive program for businesses affiliated with …
https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contractState Comptroller DiNapoli Releases Municipal & School Audits
… cannot ensure officials are procuring goods and services in the most prudent and economical manner. Town of Lake … did not ensure payroll payments were accurate or in accordance with town policies. Town officials did not … and communicating a comprehensive acceptable use policy to business office staff. As a result, PPSI related to district …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-1Investors Reach Settlement with Wynn Resorts
… and a trustee of, the New York City Pension Funds (the “NYC Funds”) responsible for protecting the retirement security of over 700,000 New Yorkers. The NYC Funds are the fourth largest pension fund system in the …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District Branch To Support Community Banking in Red Hook
… our community. It is an example of the direct support and investment our state government can provide for our …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newEast Ramapo Central School District – Budget Review (B25-5-2)
… [read complete report – pdf] Purpose of Budget Review The purpose of our … and expenditure projections in the District’s adopted 2024-25 budget were reasonable. Background Pursuant to Chapter 89 … one fiscal and one academic. After voters approved a 1 percent tax levy increase in June 2024, multiple factors …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/03/east-ramapo-central-school-district-budget-review-b25-5-2Financial Empowerment Resources for New Yorkers
… and living expenses, without limiting their ability to benefit from Medicaid, SSI and certain other means-tested benefit programs. For details about how to qualify for tax … fraud, the NYS Department of Labor has set up an online reporting tool to open an investigation. Report …
https://www.osc.ny.gov/financial-literacyXIV.4.C Bank Account Reporting and Reconciliations – XIV. Special Procedures
… statement of all balance(s) on deposit in any bank account under the administrative control of any state officer … of the New York State Register to ensure that all bank account and financial institution names are correctly shown. Updates to bank account information should be immediately reported to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4c-bank-account-reporting-and-reconciliationsDiNapoli: New York City's Tech Sector Is Booming
… New York state's technology sector is the third largest and among the … Great Recession, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report shows that … non-tech skills. The opening of the Cornell Tech campus on Roosevelt Island is an exciting example of the public and …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-new-york-citys-tech-sector-booming