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DiNapoli Releases July State Cash Report
… $500 million below initial projections, primarily due to lower than expected personal income tax (PIT) collections. … the state has transferred $792 million from the General Fund to Capital Projects funds, up $566.9 million from the … due to a large decline in settlement revenues and lower estimated PIT payments. Total receipts of $47.9 billion …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-releases-july-state-cash-reportDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… up for now, the upcoming back-to-school and holiday shopping seasons may determine if this level of growth is …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017State Will Save Millions After Audit Uncovers Unnecessary Medicaid Transportation Costs
… to save $7.6 million over the next five years as the result of actions taken by the state Department of Health … to save $76 million over the next five years as the result of actions taken by the state Department of Health …
https://www.osc.ny.gov/press/releases/2017/12/state-will-save-millions-after-audit-uncovers-unnecessary-medicaid-transportation-costsDiNapoli: Better Monitoring of "Leandra’s Law" Enforcement Needed
… Suffolk and Wayne. “Individuals who attempt to operate a vehicle while under the influence or try to tamper with their … on or after Aug. 15, 2010, must install an IID in any vehicle they own or operate for a certain period of time as a condition of their sentence. The IID connects to the vehicle’s ignition system and prevents the vehicle from …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-better-monitoring-leandras-law-enforcement-neededOpinion 91-63
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Purchases and Sales … president of a hardware store and maintains office space in the same building in which the store is located, but has no relationship with … councilman would have a prohibited conflict of interest in purchases by the town from a hardware store if the …
https://www.osc.ny.gov/legal-opinions/opinion-91-63Opinion 93-15
… BOARDS -- Powers and Duties (authority to annually audit public library) EDUCATION LAW, §259; TOWN LAW, §123: Neither … the board of trustees nor the separate treasurer of a town public library is required pursuant to Town Law, §123 to … the board of trustees or the separate treasurer of a town public library is required to annually account to, and submit …
https://www.osc.ny.gov/legal-opinions/opinion-93-15DiNapoli: New York City's Budget Benefits From Strong Economic Growth
… New York City’s budget is balanced for fiscal year (FY) 2016 … conditions, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli at the annual meeting of the Financial Control Board. “New York City’s economy is strong today and shows no signs of …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthDiNapoli Audit Finds Lapses in Treatment Under Kendra's Law
… that it was done, before their court-ordered treatment expired. In 17 cases, the individual was not examined by a … attempt to examine the individuals before their treatment expired. The lack of review resulted in the treatment order … the examination. After the court-ordered treatment expired, the individual was removed from their homeless …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-audit-finds-lapses-treatment-under-kendras-lawDiNapoli: Majority of Contracts with Not-For-Profit Organizations Still Approved Late
… of New York. “But 25 years after the adoption of the Prompt Contracting Law, New York is still executing six out of every ten human … all others in the future.” “Prompt contracting and prompt payment remain critical issues for the well-being of the …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-majority-contracts-not-profit-organizations-still-approved-lateDiNapoli Releases Year-End and April Cash Reports
… Tax collections in April were more than $1 billion, or 17 percent lower, than … projections included in the Enacted Budget Financial Plan released earlier this month, according to the April Cash Report released today by State Comptroller Thomas … Tax collections in April were more than $1 billion or 17 percent lower than …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… Wall Street’s profits were strong in the first half of 2015 at $11.3 billion, the strongest first half since 2011, and may have positioned New York City’s securities industry for a good year despite recent economic … Wall Streets profits were strong in the first half of 2015 at $113 billion the strongest first …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startXV.11 Journal/Revenue Transfers – XV. End of Year
To facilitate OSC review of General Ledger Journal Entries and AP Journal Vouchers prior to the end of the fiscal year OSC strongly recommends that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and Deadlines Calendar
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal year (FY) 2015 and a balanced budget for FY 2016 with relatively small gaps in the following three … Thomas P. DiNapoli. “New York City’s budget is balanced for next year and the out-year budget gaps appear …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearNew York City Bike Share Program – Oversight of Revenue Collection and Monitoring
… whether the New York City Department of Transportation (DOT) collects selected revenues from the New York City Bike … by the terms of the agreement. We also determined whether DOT monitors the vendor for compliance with the contract … from July 2019 to October 2024. About the Program In 2013, DOT launched the New York City Bike Share program, which is …
https://www.osc.ny.gov/state-agencies/audits/2025/12/24/new-york-city-bike-share-program-oversight-revenue-collection-and-monitoringState Agencies Bulletin No. 2134
… are not available for the paycheck dated May 4, 2023, via the PayServ Bulletin Board and New York State Payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2134-paycheck-distribution-may-4-2023-institution-cycle-paychecksBayport Blue Point Union Free School District – Lead Testing and Reporting (S9-25-8)
… report and implement needed remediation to reduce lead exposure in potable water outlets? Audit Period July 1, 2019 – September 30, 2024 Understanding the Program Lead is a metal that was commonly used in plumbing and has … identified as toxic to people, especially young children. Lead poisoning can cause neurological issues such as slowing …
https://www.osc.ny.gov/local-government/audits/school-district/2025/08/01/bayport-blue-point-union-free-school-district-lead-testing-and-reportingEssex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)
… assistance, including tax exemptions (e.g., real property, mortgage recording and sales and use taxes), to businesses to … assistance, many project owner occupants, or project owners who receive IDA financial assistance, promise to … sales and use tax exemptions and three were granted mortgage recording tax exemptions. Audit Summary The Board …
https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024mDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… P. DiNapoli details New York’s financial impact from the 2022 Inflation Reduction Act (IRA), including close to $2 … after a new executive order issued by President Trump. “The possible policy changes in Washington could lead to delays or cuts to the remaining IRA funds and tax credits,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersDiNapoli Releases Report on State Spending to Implement Raise the Age Law
… state has appropriated $1.71 billion through State Fiscal year (SFY) 2025 to help counties implement the provisions of … was phased in over two years. As a result, most 16- and 17-year-old offenders are now adjudicated through procedures in … state has appropriated $171 billion through State Fiscal year SFY 2025 to help counties implement the provisions of …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-releases-report-state-spending-implement-raise-age-lawDiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow
… program since at least FY 2008. The city expects the first round of the PEG, released in November, to generate nearly … asylum seeker costs to be included as part of the second round of the FY 2024 PEG in January, separate from the second …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-nyc-fiscal-year-2024-budget-balanced-out-year-gaps-continue-grow