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DiNapoli: Financial Viability of OTBs in Jeopardy
… New York’s Off-Track Betting (OTB) corporations are at risk of financial … and research report today that found total OTB wagering is down $1.2 billion, or 24 percent, during the five-year …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyDiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… off tickets or play the odds in hopes of hitting a big winner. The payoff for the state is significant – billions …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budgetIV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions
… utilities or the health care industry. Commissions 31201 Casinos State share of revenue generated by casinos. 31202 Royalties and Patents State share of revenue …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receiptsDiNapoli: Capital Planning Problems Persist at NYRA
… Problems with capital planning remain for the New York Racing Association (NYRA) years after a … into a bankruptcy settlement agreement that conveyed all rights, titles, and interests in the racetrack properties … package. As part of this package, the state forgave nearly all of NYRA’s debt obligations (totaling $54.1 million) to …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-capital-planning-problems-persist-nyraDiNapoli 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 … private sector workforce, it accounts for 22 percent of all wages paid in the city; DiNapoli estimates that each … received tax payments of $3.8 billion, or 7.5 percent of all city tax revenue, from securities industry-related …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: Wall Street Bonuses Declined in 2010
… Comptroller Thomas P. DiNapoli. The decline in the cash bonus pool reflects changes adopted by the industry in … or other forms of deferred compensation. Last year, bonus payments extended into March and even April, well beyond the traditional bonus season. As a result, the Comptroller has revised his …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010Wall Street Bonuses Declined in 2011
… securities firms in New York City resumed downsizing in the second half of the year. The securities industry, which … first three quarters of 2011, compared with 47 percent in all of 2010 and 36 percent in 2009. Before the start of the … industry in New York City accounted for 23.5 percent of all wages paid in the private sector despite accounting for …
https://www.osc.ny.gov/press/releases/2012/02/wall-street-bonuses-declined-2011Financial Condition and Selected Expenses
… operations. In October 2011, Resorts World New York City Casino (Resorts) opened adjacent to Aqueduct Racetrack. …
https://www.osc.ny.gov/state-agencies/audits/2016/06/10/financial-condition-and-selected-expensesDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… on revenue generated from gaming activities and problem gambling. “The lottery generates billions of dollars each … of the Budget projects total gaming revenues will decline by $616 million this year, primarily because of mandatory … fiscal year are projected to decline by $293 million or 11.8 percent from the previous year. The report found the …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingState Comptroller DiNapoli Releases Municipal & School Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. … not accurately re-levied, and the town did not receive all of the revenue it was entitled to. Officials did not maintain an inventory or list of meters purchased and issued to track costs and ensure …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-audits-1New York Schools Reported More Than 32,000 Violent and Disruptive Incidents in the 2017-18 School Year
… assaults, bomb threats and sexual offenses, according to a report released today by State Comptroller Thomas P. … also spent $3.5 million on electronic security systems for operations such as access and intrusion controls, … New York City, finding deficiencies at all. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/08/new-york-schools-reported-more-32000-violent-and-disruptive-incidents-2017-18-school-yearOpinion 2001-7
Whether a town may impose a onetime entry fee equivalent to the assessments that would have been imposed on the properties for the five previous years
https://www.osc.ny.gov/legal-opinions/opinion-2001-7IV.4.F Capital Projects – IV. Accounting Codes - Uses and Descriptions
… acquisition, design, construction, engineering services, and equipment costs attributable to highway, parkway and rail … animals, vegetation, or equipment. 60512 Building Repair & Maintenance Renovation, repairs, maintenance and construction … delays in paying vendors, construction contractors, and providers of service pursuant to Article 11-A of the State …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4f-capital-projectsDiNapoli: Mobile Sports Betting Adds to State Revenue, But Calls to Problem Gambling Hotline Rise as Gaming Expansion Continues
… legalization of mobile sports betting, the New York State Gaming Commission noted a 26% increase in problem … legislative proposals to expand gaming include authorizing online casino gaming and a plan to double the number of VLTs … from in-person sports betting. With proposals to authorize online casino gaming introduced, economic benefits from the …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mobile-sports-betting-adds-state-revenue-calls-problem-gambling-hotline-rise-gamingState Comptroller DiNapoli Releases Audits
… that the evaluations were done at all. Department of Motor Vehicles: Assessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety … or whose property they might damage as a result of an accident. The Department of Motor Vehicles is responsible for …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-auditsState Contract and Payment Actions in November
… Student Conservation Education and Stewardship Program. Gaming Commission $223.3 million with Everi Games Inc. for a … Division of State Police $5.8 million with FlightSafety International Inc. for flight and maintenance training. … technology services, including $2.4 million to PSI International Inc., $1.8 million to IIT Inc., $1.3 million to …
https://www.osc.ny.gov/press/releases/2019/12/state-contract-and-payment-actions-novemberState Contract and Payment Actions in June
… to Arnold & Porter Kaye Scholer LLP for legal services. Gaming Commission $16.4 million to the City of Salamanca and … County for tribal-state compact payments. $3.1 million for gaming revenue distributions from the Tioga Downs, Rivers, …
https://www.osc.ny.gov/press/releases/2022/07/state-contract-and-payment-actions-juneDiNapoli: Queens Economy Takes Off
… history, a record number of jobs and businesses, and an all-time low unemployment rate, according to an economic … today by New York State Comptroller Thomas P. DiNapoli. “The Queens economy is booming, setting employment records in … other borough. Bayside and Astoria were on StreetEasy’s list of the “hottest neighborhoods” in New York City in 2017, …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offDiNapoli Announces State Contract and Payment Actions for June 2015
… State Comptroller Thomas P. DiNapoli announced today his … The Comptroller’s office averaged six days for contract reviews in June and two days to audit payments. … DiNapoli’s auditors also recovered nearly $71,000 from vendors owing debts to the state, and held payments of more …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-announces-state-contract-and-payment-actions-june-2015New York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… June 24, 2021 Edition Growth in Use of Telehealth Services Among Medicaid and Child Health Plus Beneficiaries in New York The COVID-19 pandemic prompted many changes in the ways New Yorkers conducted daily activities, with …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021