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DiNapoli Releases Analysis of SFY 2024-25 State Budget
… new funding and policy changes to spur the creation of much needed housing, but the state’s financial outlook … 2024-25 are projected to total $227.2 billion, a decline of $7.3 billion, or 3.1%, from the prior year. The decrease … revenue fund receipts, as well as the expected depletion of funds from the federal American Rescue Plan. In addition, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli Releases Review of Executive Budget
… a significantly improved outlook from last year. General Fund budget gaps forecast by DOB just one year ago averaged …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: NYC DOE Faces Significant Challenges in Closing COVID Achievement Gap
… risks, in the New York City Department of Education’s (DOE) budget, according to a report released today by New York … funding sources dry up at the end of fiscal year (FY) 2025. If revenues do not trend better than projected, the … provision of necessary services to students. Report NYC Department of Education Response to the COVID-19 Pandemic …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gapDiNapoli: Wall St. 2021 Profits near Record Levels
… income taxes for revenue, and absence of a general real property tax, means it relies more heavily on Wall St. for …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: State Budget Boosts Education Aid and Enacts Paid Family Leave but Falls Short on Ethics Reform and Transparency
… Starts a paid family leave program, funded by employee payroll deductions, in January 2018. It will be fully …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-state-budget-boosts-education-aid-and-enacts-paid-family-leave-falls-short-ethics-reform-andNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… offset the revenue loss to the MTA from a reduction in the Payroll Mobility Tax on small businesses. Read the Financial …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesState Contract and Payment Actions in October
… for trustee services for the NYS Deferred Compensation Plan. Office of Parks, Recreation & Historic Preservation $2 … the Mental Health & Substance Abuse Program of the Empire Plan. State Education Department $55.6 million in general aid … $5.2 million. Auditors also recovered nearly $119,200 from vendors owing debts to the state. Cumulatively through …
https://www.osc.ny.gov/press/releases/2022/11/state-contract-and-payment-actions-octoberRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
To determine whether the Metropolitan Transportation AuthorityBridges Tunnels MTA Bus Company and New York City TransitDepartment of Busesidentified the potential damage to its transportation systems and developed plans to mitigate the effect of extreme weather conditions and flooding and
https://www.osc.ny.gov/state-agencies/audits/2025/01/02/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsDiNapoli Report Highlights MTA's Significant Needs
… in our regional transit systems can seem endless, but funds are limited. As the MTA prepares its next capital plan … system’s capital needs. It helps inform the allocation of funds in the MTA’s five-year capital program, which has … to determine how much investment is needed when capital funds are limited. DiNapoli’s office estimates repair needs …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsChild Care in NY Challenged by Staff Shortages, High Prices and Too Few Slots
… wages and high prices that are putting a financial strain on families statewide, according to a new report released by … don’t get other benefits, such as employer-provided health insurance, paid time off or pensions. Chronically High … (higher children-per-slot ratios) tend to be in more rural areas, while districts with higher levels of …
https://www.osc.ny.gov/press/releases/2025/02/child-care-ny-challenged-staff-shortages-high-prices-and-too-few-slots2025ABC State of New York General Obligation Bonds, March 2025 (POS)
Under State law, the Bonds are legal investments for State-chartered banks and trust companies, savings banks, ins. comp., fiduciaries and investment companies and may be accepted by the State Comptroller and the State Superintendent of Fin. Serv. where the deposit of obligations is required by law.
https://www.osc.ny.gov/files/debt/pdf/nys-go-2025abc-pos.pdf2025ABC State of New York General Obligation Bonds, March 2025
Under State law, the Bonds are legal investments for State-chartered banks and trust companies, savings banks, ins. comp., fiduciaries and investment companies and may be accepted by the State Comptroller and the State Superintendent of Fin. Serv. where the deposit of obligations is required by law.
https://www.osc.ny.gov/files/debt/pdf/nys-go-2025abc-os.pdfDiNapoli: Special Education Providers Shortchanging Special Needs Children
… in questionable costs and blatant abuse of taxpayer money. It is time for this to stop, and my office will do …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-special-education-providers-shortchanging-special-needs-childrenState Contract and Payment Actions in August
… or lack of documentation. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2019/09/state-contract-and-payment-actions-augustOpinion 94-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent …
https://www.osc.ny.gov/legal-opinions/opinion-94-16Upstate Transportation Authorities Suffer Revenue Plunge
… Other includes municipal and public authority subsidies, investment earnings, rental and financing income and other …
https://www.osc.ny.gov/reports/upstate-transportation-authorities-suffer-revenue-plungeState Contract and Payment Actions in December
… Comptroller approved 1,898 contracts for state agencies and public authorities valued at $33.9 billion and approved … childhood education and social services under the Agri-Business Child Development Program. Department of Civil … State Health Insurance Program. Empire State Development Corporation $50 million to Athenex Inc. to develop a …
https://www.osc.ny.gov/press/releases/2020/02/state-contract-and-payment-actions-decemberRefunding Local Debt
… Simplified Procedures for Local Governments Seeking the Comptroller's Approval of Certain Matters Relating to … Local Debt Pursuant to Sections 90.00 and 90.10 of the Local Finance Law Pursuant to Sections 90.00(c)(2) and … of the cover of the preliminary official statement. III. TIME FOR SUBMISSION OF APPLICATION . Section 90.10(g) …
https://www.osc.ny.gov/debt/refunding-local-debtDiNapoli: North Shore Leads Staten Island's Growth
… The North Shore, for many the gateway to Staten Island, has led the borough in population growth since …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-north-shore-leads-staten-islands-growthNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… New York state has a new savings plan, called the New York Achieving a Better Life Experience ( NY ABLE ) program, designed to help individuals with …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costs