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DiNapoli Releases 2024 Fiscal Stress Scores for Villages and Some Cities
… their financial condition so they can be prepared for any financial challenges that lie ahead. I encourage local … 28 and July 31, 2024 including 518 villages, most of which have a fiscal year ending on May 31. The scores, which are … of Buffalo, Rochester, Syracuse and Yonkers, each of which have fiscal years ending on June 30. Growing Concerns About …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-2024-fiscal-stress-scores-villages-and-some-citiesOverlapping Real Property Tax Rates and Levies - FAQs
… fire) purposes. Rates per $1000 of both assessed value and full value are presented, and aggregate rates are provided to … convey the full tax burden within each municipality. Full value tax rates enable the user to compare tax rates across …
https://www.osc.ny.gov/local-government/data/overlapping-real-property-tax-rates-and-levies-faqsDiNapoli: 82 School Districts in Fiscal Stress
… under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System. The scores are based on the … latest round of scoring designated eight school districts in “significant fiscal stress,” 24 in “moderate fiscal …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressNew York’s Economy and Finances in the COVID-19 Era
… measure of the impact of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment … State's Budget The State’s General Fund balance was $6.4 billion as of July 3. Cash on hand has been bolstered by … Relief Fund established by Congress, as well as $4.5 billion in short-term borrowing that is expected to be …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: NYC Tourism Approaches Full Recovery, Still Top Major U.S. Tourist Destination
… New York’s tourism sector is approaching a complete recovery as … levels, according to a new report from New York State Comptroller Thomas P. DiNapoli. The city estimates it … leaders need to focus on keeping New York a desirable and safe destination for individuals and families from around the …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-tourism-approaches-full-recovery-still-top-major-us-tourist-destinationDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… make financial decisions, but we are seeing an increasing number that do not,” DiNapoli said. “When a local government …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesDiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… on lottery revenues has grown, rising to the equivalent of 4.6 percent of state tax revenues in SFY 2013-14, compared to … notes that an estimated 5 percent of New Yorkers over age 18 – roughly 670,000 individuals – experienced problem …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budgetDiNapoli Analyzes Post-Pandemic Tourism Across NYS
… a complete recovery, as visitor spending and tax revenue have surpassed pre-pandemic levels. “Travelers from around …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-analyzes-post-pandemic-tourism-across-nysCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… (30 percent), with growth spread across many areas. The number of establishments increased by 28 percent (compared to …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryDiNapoli: Mid-Hudson Region Shows Economic Strength Following Recession
… state’s 2 percent increase over those years. A significant number of residents commute to New York City for work. Much …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-mid-hudson-region-shows-economic-strength-following-recessionDiNapoli: 90 School Districts in Fiscal Stress
… 27 in “moderate fiscal stress” and 53 as “susceptible to fiscal stress.” Last year, a total of 87 districts were … but they face fiscal pressures that are unlikely to change any time soon,” said DiNapoli. “Although the … overseeing districts with deteriorating fiscal health, to use these scores as an impetus for more deliberate and …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressDiNapoli: New York State is Home to 4.4 Million Immigrants, Second Only to California
… experiences help make our state strong.” As of 2014, the number of immigrants in New York was surpassed only by …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-new-york-state-home-44-million-immigrants-second-only-californiaState Comptroller DiNapoli Releases Municipal Audits
… timely manner. Department officials also did not have the required documentation that was needed to process 13 approved … officials made CCAP payments for eligible families within required timeframes, they overpaid three childcare providers … as required. In addition, the clerk collected proceeds from the sale of culvert pipes to residents, but the highway …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-audits“Nation’s Report Card” Underscores New York’s Need for Academic Recovery
… and Relief Supplemental Appropriations Act (CRRSA) American Rescue Plan Act (ARP) Elementary and Secondary … funding. In March 2021, the federal government enacted the American Rescue Plan Act (ARP) and along with it the most … of Education, U.S. Department of Education Fact Sheet: American Rescue Plan Act of 2021, at …
https://www.osc.ny.gov/reports/nations-report-card-underscores-new-yorks-need-academic-recoveryDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… today announced that six villages were designated in fiscal stress under the Fiscal Stress Monitoring System (FSMS). … not file in time to be scored in 2022 and had a score in 2021 that was just under the threshold to receive a stress …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesDiNapoli Finds Schools Falling Short on Emergency Planning
… planning for schools. Alarmingly, two schools did not have district-wide safety plans even though plans were … initiative focused on educational issues. His auditors have completed three audits that examined safety planning at more than 40 school districts. The audits have found significant problems at schools, including no …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-finds-schools-falling-short-emergency-planningState Comptroller DiNapoli Report Details LIRR Delays in 2017
… inconvenienced by delays and cancellations, according to a report issued today by State Comptroller Thomas P. … lowest level in nearly two decades, hurting riders. While Amtrak was a big factor behind the deterioration in service … noted that performance was affected by an increase in Amtrak-related incidents (Amtrak owns and operates …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-report-details-lirr-delays-2017What is a Defined Benefit Plan?
… . Over the past 20 years, the Fund’s investment returns have covered 75 percent of the cost of pensions. With defined … value of contributions and investment returns minus any fees. The amount of money the employee has at retirement … Risk Investment risk is pooled, so a market downturn does not affect benefits. Employee is responsible for all …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: 23 School Districts Designated in Fiscal Stress
… Twenty-three school districts statewide were designated in some level of fiscal stress under New York State Comptroller Thomas P. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… the pre-pandemic average. The report examines PIT filings for the pandemic years of 2020 and 2021 and follows up on … net out-migration rates remained higher, particularly for families. Policy makers need to make sure the state … the state. The 2020 increase in filers was concentrated in full-year resident taxpayers, up by 161,679. The 2021 …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nyc