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DiNapoli Warns of ‘Triple Threat’ of Fiscal Risks
… totaled $36.1 billion through the first half of New York's 2017-18 fiscal year, $386.6 million below the latest …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-warns-triple-threat-fiscal-risksDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… state ended the last year with the largest General Fund balance in recent years, but continues to face real fiscal … will utilize 42 percent of the $9.4 billion General Fund balance from SFY 2017-18 in the current fiscal year, and that … SFY 2022-23, when it will reach $7.3 billion. The combined balance of the state's primary reserve funds, the Tax …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansDiNapoli Urges New Yorkers to Fill Out 2020 Census Forms
… State Comptroller DiNapoli said today. Only 57.6 percent of New York households have responded compared to the national average of 62 percent. He urged New Yorkers to be counted and respond … released a detailed county-by-county breakdown of response rates as of July 13, as well as those of cities, towns and …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-urges-new-yorkers-fill-out-2020-census-formsState Comptroller DiNapoli Statement on the Governor's 2025 State of the State Address
… the following statement today regarding Gov. Kathy Hochul's State of the State Address: "Today, Gov. Hochul outlined her new priorities as the state prepares for a different federal … and improve quality of life in our state. “Many of New York's families are feeling squeezed by the high cost of …
https://www.osc.ny.gov/press/releases/2025/01/state-comptroller-dinapoli-statement-governors-2025-state-state-addressDiNapoli Report Spotlights New York's Veterans
… according to a snapshot released today by New York State Comptroller Thomas P. DiNapoli. “New York is home to nearly … in the state. Hamilton County is home to the least number of veterans, but has the highest concentration. As of …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-report-spotlights-new-yorks-veteransDiNapoli: New Yorkers’ Debt on the Rise
… The average household debt in New York climbed to a new high of $53,830 at the end of 2021. …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-new-yorkers-debt-riseDiNapoli: New York's March 31 Cash Standing Above Projections, but Faces Significant Shortfall in Weeks
… which was $499.1 million above the Division of Budget’s latest projections for state fiscal year 2019-20. $463.9 …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-new-yorks-march-31-cash-standing-above-projections-faces-significant-shortfall-weeksDiNapoli: School District Revenue Growth Slows
… New York’s school districts have faced major fluctuations in their … about the challenges facing school districts and how we balance the impact of fiscal stress against efforts to hold …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsImplications for the Future – 2021 Financial Condition Report
… returned to pre-pandemic employment levels with New York City trailing its February 2020 levels by over 500,000 jobs. … pandemic will heavily influence economic activity for the foreseeable future. Outbreaks of new variants, … allowed levels and approximately 3.3 percent of General Fund spending. These funds were insufficient in the face of a …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureDiNapoli Issues Analysis of 2021-22 Enacted State Budget
… The Enacted State Budget for State Fiscal Year (SFY) 2021-22 is boosted by a substantial … other new resources, resulting in the largest budget in state history at an estimated $212 billion, according to an …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetDiNapoli: Audits Find More Than $1 Million of Waste in New York's Medicaid Program
… coinsurance, copayment or deductible amounts. “The state’s Medicaid program, providing health care for millions of New Yorkers, accounts for a huge share of the state budget … care needs. For the fiscal year ended March 31, 2014, New York’s Medicaid program had approximately 6.5 million …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-audits-find-more-1-million-waste-new-yorks-medicaid-programDiNapoli: State Faces Potential Budget Gaps
… Thomas P. DiNapoli. The budget gaps result from spending increases and tax reductions enacted this year, and the use of temporary resources to pay for recurring costs. “New York is facing the prospect of … from State Operating Funds will not exceed 2 percent. For the first time since DOB started using this presentation …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gapsDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) 2022-23 … recovery and financial plan, according to a review by New York State Comptroller Thomas P. DiNapoli. The budget also …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetNew York State Comptroller Thomas P. DiNapoli Statement on Federal Tax Reform
… further action, the bill would force significant cuts to Medicare and would eliminate numerous other programs, … Budget Office estimates, the bill is also expected to result in higher health insurance premiums or loss of … have achieved similar savings. "This bill will also add to New York's heightened uncertainty surrounding state tax …
https://www.osc.ny.gov/press/releases/2017/12/new-york-state-comptroller-thomas-p-dinapoli-statement-federal-tax-reform-0DiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… for State Fiscal Year (SFY) 2021-22 relies on a range of actions to respond to the pandemic as well as eliminate a … fund balances and increased borrowing — demonstrating the need for significant federal aid, according to an initial … cap during the two years. While the factors that drove the need for short-term borrowing in 2020 have not disappeared, …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetDiNapoli Warns Federal Cuts to Health Care Could Hurt Millions of New Yorkers
… New Yorkers who rely on Medicaid and other publicly funded health plans has grown sharply over the past decade, but … in federal and state health care policies. Medicaid, Child Health Plus (CHP), the Essential Plan and subsidized coverage …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-warns-federal-cuts-health-care-could-hurt-millions-new-yorkersState Comptroller Thomas P. DiNapoli Statement on 2024 State of the State Address
… “With a new year and legislative session upon us, today’s State of the State Address by Gov. Hochul outlined her … federal pandemic funding winding down, it is important New York’s spending is aligned with its revenues and focused on …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-thomas-p-dinapoli-statement-2024-state-state-addressNew Yorkers in Need: The Housing Insecurity Crisis
… the State Deputy Comptroller, “Residential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities,” … sc.ny.gov/files/reports/osdc/pdf/residential-real-estate-in-nyc.pdf ; Citizens Budget Commission, “Strategies to Boost … alternative thresholds tend to be highly correlated. 31 NYC Department of Housing Preservation and Development, “2021 …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisDiNapoli: New York on Stronger Financial Footing
… New York state ended the 2013-14 fiscal year in the strongest … largely been curtailed, such as distributing large sums of money outside of the budget process, have once again … definition on how that goal will be reached.” Based on the Division of the Budget’s (DOB) spending and receipt estimates …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingDiNapoli: Unemployment Taxes on Employers Poised To Increase To Repay $9B Owed to Federal Government
… at the onset of the COVID-19 pandemic rapidly depleted the New York State Unemployment Insurance (UI) Trust Fund, resulting … hiking costs for New York businesses and slowing the state’s economic recovery.” The pandemic had a crippling effect on …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-unemployment-taxes-employers-poised-increase-repay-9b-owed-federal-government