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DiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… Thomas P. DiNapoli today said that state tax receipts are $3.2 billion lower than last year, as he released the … to fund education, health care and other vital services in this year’s budget,” DiNapoli said. “The revenue hole the … projections through August. The General Fund ended the month with a balance of $13.5 billion, $972.7 million higher …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… DiNapoli said. "Washington needs to stop playing political games and provide financial help to local governments to …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustState Comptroller DiNapoli Releases Audits
… state's 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-auditsDiNapoli: State Tax Revenues Down $3 Billion Through July
… spending and declining tax receipts. Washington’s continued delay on further federal response leaves the … difficult questions on how to maintain the services New Yorkers need during this national emergency.” Other items … out how your government money is spent at Open Book New York . Track municipal spending, the state's 170,000 …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-state-tax-revenues-down-3-billion-through-julyTown of Ellicott – Justice Court (2015M-111)
… reconcile pending-ticket reports from the New York State Department of Motor Vehicles with current Court … full-time Court clerk did not notify the DMV of unresolved tickets in a timely manner. The Board did not consistently … action to recover any money due to the Town and New York State and segregate duties over receiving and recording cash …
https://www.osc.ny.gov/local-government/audits/justice-court/2015/11/13/town-ellicott-justice-court-2015m-111DiNapoli: Local Sales Tax Collections Drop Over 32 Percent in May
… Sales tax revenue for local governments in May fell 32.3 percent compared to the same period last … P. DiNapoli. Sales tax collections for counties and cities in May totaled $918 million, or $437 million less than 2019. The sharp decline in revenues was widespread around the state, ranging from a …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-local-sales-tax-collections-drop-over-32-percent-mayCity of Yonkers – Budget Review (B20-6-6)
… the City of Yonkers’ financial condition in the current and future years. Background The Office of the State … that the City’s adopted budget for fiscal year 2020-21 and the related justification documents are in compliance … budget totals $1.2 billion. The budget includes operating and debt service funding of $641.2 million for the Yonkers …
https://www.osc.ny.gov/local-government/audits/city/2020/06/24/city-yonkers-budget-review-b20-6-6DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
… $112.4 million in debt service savings to the state on a net present value basis. The newly issued bonds refinance … (Bidding Group 1), $316.7 million of bonds maturing in 2025 through 2029 (Bidding Group 2) and $386.2 million of …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsSelected Aspects of Bus Procurement
… Background The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation … in and around the New York City metropolitan area. The MTA has seven operating constituent agencies; two of them, MTA Bus and New York City Transit, provide bus service. In …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementDiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… sources to power their operations. The U.S. Environmental Protection Agency lists 78 Fortune 500 companies sourcing … State Common Retirement Fund is the third largest public pension fund in the United States, with estimated assets of …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energyDiNapoli: Number of New Yorkers Behind on Utility Bills Soared During Pandemic
… The devastating number of job losses caused by the COVID-19 pandemic caused a … as of March 2022, according to a report released today by State Comptroller Thomas P. DiNapoli. More than 1.2 million … owed $1.8 billion with customers from New York City and Long Island comprising 60% of those in arrears and 68% of the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-number-new-yorkers-behind-utility-bills-soared-during-pandemicDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… 13.02 percent rate of return for the New York State Common Retirement Fund (Fund) now valued at an estimated $176.2 billion, the … 1302 percent rate of return for the New York State Common Retirement Fund Fund now valued at an estimated $1762 billion …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli Statement on the MTA's July Financial Plan
… show how it intends to use this information to keep the public informed on how it plans to provide quality service …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-statement-mtas-july-financial-planGeneral Resources
… of State Industry Canada – (Incorporation in Canada) NYC Department of Finance: Automated City Register …
https://www.osc.ny.gov/state-vendors/vendrep/general-resourcesNYS Common Retirement Fund Contacts
… New York State Common Retirement Fund. Under the direction of State Comptroller Thomas P. DiNapoli, Ms. Titarchuk is … employees and pensioners. Prior to Ms. Titarchuk’s appointment in August 2019, she had been Deputy CIO since … Investor Magazine. She graduated summa cum laude from Yale University with a B.S. in Applied Mathematics. Navyug Patel …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsNew Yorkers in Need: The Housing Insecurity Crisis
… Message from the Comptroller Having safe and adequate housing is one of the most essential necessities in our society. Beyond providing shelter, our homes are … other essentials, like food and health care, or leading to living in crowded, poorly maintained or even hazardous …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisPenn Entertainment and MGM Resorts Letters
I write as Trustee of the New York State Common Retirement Fund (Fund), one of the largest public pension funds in the United States, which holds and invests the assets of the New York State and Local Retirement System on behalf of its 1.2 million members, retirees, and beneficiaries.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/penn-entertainment-mgm-resorts-letters.pdfNorth Rose-Wolcott Central School District – Smart Schools Bond Act Allocations (2022M-116)
Determine whether North Rose-Wolcott Central School District (District) officials properly applied for all Smart Schools Bond Act (SSBA) allocations for eligible technology purchases.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/north-rose-wolcott-central-school-district-2022-116.pdfPotsdam Central School District – Network User Account Controls and Information Technology Contingency Planning (2022M-104)
Determine whether Potsdam Central School District (District) officials established adequate controls over network user accounts and developed an information technology (IT) contingency plan.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/potsdam-central-school-district-2022-104.pdfHerkimer Central School District – 2014 Building Renovation Capital Project (2020M-136)
Determine whether the Herkimer Central School District (District) Board of Education (Board) and officials properly planned and managed the 2014 building renovation project.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/herkimer-central-school-district-2020-136.pdf