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New 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 … average student loan balance rose by 39 percent from the previous year to $37600 as of June 2020 according to …
https://www.osc.ny.gov/reports/covid-19-january-21-2021IX.7.E Disaster Assistance – IX. Federal Grants
… Division of Budget (DOB), Department of Homeland Security and Emergency Services (DHSES), the Statewide Financial System (SFS), and impacted New York State agencies. This process will allow … activities as approved by FEMA The Project Costing (PC) and Commitment Control (KK) Modules in the SFS are used …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7e-disaster-assistanceLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… with Delaware County seeing the largest increase at 26%, followed by Schenectady and Cayuga counties at 24.1% and … by vendors. The next quarterly numbers (for January to March) will be available in April. DiNapoli’s most recent …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-yearDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… New York’s municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all … revenue, according to a comprehensive report on local sales tax released today by State Comptroller DiNapoli. Every … losses from the pandemic. “COVID-19 has decimated local sales tax revenue this year, blowing holes in the budgets of …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsGlobal Investor Coalition Calls on Exxon to Prepare for a Lower Carbon Future
… the company, and its investors, requires Exxon to assess how it will perform as the world changes.” “Climate change … trends seriously, just as several of their European peers have already done by stress testing their business strategies … than one million state and local government employees and retirees and their beneficiaries. The Fund has a diversified …
https://www.osc.ny.gov/press/releases/2016/01/global-investor-coalition-calls-exxon-prepare-lower-carbon-futureTown of Hempstead Local Development Corporation – Audit Follow-Up (2021M-37-F)
The purpose of our review was to assess the Town of Hempstead Local Development Corporations THLDCs progress as of June 2025 in implementing our recommendation in the audit report Town of Hempstead Local Development Corporation Project Approval and Oversight 2021M37 released in September
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2025/09/26/town-hempstead-local-development-corporation-audit-followCUNY Bulletin No. CU-842
… (3.00%) Salary Increases and to provide instructions for payments not processed automatically. Affected Employees: … between the City University of New York (CUNY) and PSC for the Term of 2023-2027, retroactive raises for 2023 (3.00%) and 2024 (3.00%) are authorized. The CUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-842-2023-2024-professional-staff-congress-psc-retroactiveState Comptroller DiNapoli Statement on Anniversary of 9/11 Attacks
… win. Our strength is in our resilience and our love of freedom. Today, with our nation seeming more divided than it …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-statement-anniversary-911-attacksAvailable Options – State University Police Plan
… the time of your death, he or she will be eligible for 50 percent of your COLA. Learn more about COLA. …
https://www.osc.ny.gov/retirement/publications/1823/available-optionsDiNapoli: New York Power Authority’s Installation of Electric Vehicle Chargers Years Behind Schedule
… The New York Power Authority (NYPA) has failed to install electric vehicle (EV) chargers where they are most needed by … DiNapoli. “Compared to what was promised, the rollout of electric vehicle chargers has been a disappointment so far,” … said. “Since encouraging more drivers to switch to electric cars is a part of the state’s strategy for lowering …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-new-york-power-authoritys-installation-electric-vehicle-chargers-years-behind-scheduleAlternate Contribution Stabilization Program
… applied toward a portion of your future invoice payments until your reserve funds are depleted. Reserve funds … contribution is the employer’s total invoice, excluding payments for group term life insurance, deficiencies, … accrued interest. There is no prepayment penalty. Graded Payments and Reserve Accounts If an employer is required to …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programMonitoring of Prevailing Wage Compliance on Construction Contracts
… and subcontractors on its projects to ensure they pa …
https://www.osc.ny.gov/state-agencies/audits/2017/04/04/monitoring-prevailing-wage-compliance-construction-contractsTuition Assistance Program: Schools Can Avoid Disallowances by Ensuring Eligibility
In 2010‐2011, New York State spent $869 million on the Tuition Assistance Program, which provided aid to 309,540 students.
https://www.osc.ny.gov/files/reports/special-topics/pdf/highered-tuition-assistance-program-2012.pdfAdministration of the CityFHEPS Program for Department of Social Services Homebase Clients
… sufficient procedures related to verification of landlord-broker relationships, creating the risk of inappropriate payments. In one case, DSS paid $6,800 in broker’s fees before later finding that the landlord and broker were both owned by the same parent company. DSS is …
https://www.osc.ny.gov/state-agencies/audits/2026/01/07/administration-cityfheps-program-department-social-services-homebase-clientsMedicaid Program – Appropriateness of Medicaid Eligibility Determined by the New York State of Health System
… benefits, including Medicaid, are assigned a Client Identification Number (CIN) that uniquely identifies them. NYSOH is required … Medicaid Payments for Recipients With Multiple Identification Numbers and No Social Security Numbers …
https://www.osc.ny.gov/state-agencies/audits/2015/10/28/medicaid-program-appropriateness-medicaid-eligibility-determined-new-york-state-healthDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… pay for debt surpassed capital projects spending both in absolute dollars and as a percentage of total disbursements … billion. Of this total, just 17.2% was used for capital construction, while state operations and debt service costs …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offVII.3.B AP Adjustment Voucher – Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… activities in place to mitigate the risk. Checks and documents must be properly prepared for deposit before being … a document listing the checks. Do not submit any other documents to Treasury. Checks must be ready to be deposited, … forward the checks money orders etc and any corresponding documents to DTF Treasury who will deposit the funds into the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3b-ap-adjustment-voucher-treasury-requirementsOpinion 2006-10
… are credited to the general fund, town-wide (2006 Opns St Comp No. 2006-3; 1990 Opns St Comp No. 90-1, p 1; 1980 Opns St Comp No. 80-784, p 214; see also, 1979 Opns St Comp No. …
https://www.osc.ny.gov/legal-opinions/opinion-2006-10DiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… spending at three affordable housing complexes show a need for greater oversight of the Mitchell-Lama … and Development (HPD), according to an audit released today by New York State Comptroller Thomas P. DiNapoli. … (M-L) conducted by State Comptroller DiNapoli show that these affordable buildings are deteriorating, …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesDiNapoli Announces State Contract and Payment Actions for September 2016
… or other improprieties. Cumulatively through September for calendar year 2016, DiNapoli’s office has approved 14,683 … York website. Highlights for September 2016: Legislative Travel and Per Diem Expenses Legislative travel and per diem … County Airport for use as a state Department of Homeland Security Preparedness Training Center. $6.5 million with Core …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-announces-state-contract-and-payment-actions-september-2016