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2017 Financial Condition Report – 2017 Financial Condition Report
… York State’s short-term financial condition has improved in recent years, but concerns are on the horizon. As the … latest financial projections contain projected budget gaps in the next three fiscal years that average more than $5.9 … selected financial, economic, and demographic information in an easy-to-understand format. Read More Table of Contents …
https://www.osc.ny.gov/reports/finance/2017-fcrPublic Authorities
… Public authorities are public benefit corporations created to further public interests. They develop, operate and … transit and schools. In addition, these entities are used to fund or support local government infrastructure, such as … budget process, while others rely on State appropriations to fund operations. Unlike traditional State agencies, many …
https://www.osc.ny.gov/public-authoritiesMedicaid – Federal Funding and New York
… Medicaid is a health insurance program jointly funded by the federal government and the … and the City of New York also make contributions to the program. While the federal government sets some requirements for coverage and other aspects of the program, states have considerable flexibility to shape their …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/medicaidDiNapoli: Women in New York Still Earn Far Less Than Men
… Women in New York earned 87 cents on the dollar compared to men in 2023, according to a report on the … was smaller than the national average of 81 cents on the dollar in 2023, as reported in the U.S. Census Bureau’s … graduate or professional degree were 78 cents on the dollar to what men earned, compared to 67 cents for women …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-women-new-york-still-earn-far-less-menNew York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… deep: employment in New York declined by nearly 2 million jobs from February to April 2020. New data released by the State Department of Labor show less than half of the jobs lost during that time have been recovered, and employment is still more than 1 million jobs below its pre-pandemic levels. In February 2021, total …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021City of Newburgh – Budget Review (B21-6-13)
… [ read complete report - pdf ] Purpose of Budget Review The purpose of our budget review was to determine whether the significant … and expenditure projections in the City’s 2022 proposed budget were reasonable. Background The City of Newburgh, … The purpose of our budget review was to determine whether the significant …
https://www.osc.ny.gov/local-government/audits/city/2021/11/10/city-newburgh-budget-review-b21-6-13DiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… report found: Poverty rates are more than double for Hispanic New Yorkers compared to white, non-Hispanics. … by the U.S. Census Bureau based on survey data of income and family size and composition, compared to … benefits such as Medicaid or food stamps. In 2021, the threshold, updated for inflation, was $13,788 for one person …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsTown of Laurens - Budget Review (B4-14-21)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the … The purpose of our budget review was to determine whether the significant …
https://www.osc.ny.gov/local-government/audits/town/2014/11/07/town-laurens-budget-review-b4-14-21DiNapoli: Wall St. 2021 Profits near Record Levels
… securities industry declined by nearly 2 percent (or 3,600 jobs) in 2020 to 179,900 jobs. The loss of industry jobs in the city, at a time when profits are soaring, may be …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsState Comptroller DiNapoli Releases Municipal Audits
… officials did not always use a competitive process to procure goods, services or professional services or ensure … annual financial disclosure statements that are meant to help identify conflicts of interest were not filed. … not audit the supervisor’s records, as required. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-2The Changing Face of Post-Pandemic New York City
… and it raises longstanding concerns about the cost of living, the growing wealth gap, the need to preserve a strong … $51,000, which was 13.3% more than in 2021. The cost of living also rose as the pandemic subsided, making the city … (5%) and Asian (2.5%) New Yorkers were smaller. The city’s senior population was the only group analyzed that increased …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityState Comptroller DiNapoli Releases Municipal Audits
… and found exceptions totaling $292,205, including $191,253 in potential overpayments. As a result, the city paid … at another municipality. City officials made $99,761 in vacation buyout payments that were not in accordance with city collective bargaining agreements. …
https://www.osc.ny.gov/press/releases/2025/05/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… an audit of the Town of Cohocton , a budget review for the City of Yonkers and an audit of parkland alienation … fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … Review (Westchester County) The city’s proposed budget for the school district has a budget gap of $25.8 million. In …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Local Sales Tax Growth Slows During First Half of 2019
… Local sales tax collections for the first two quarters of 2019 grew at a moderate pace … DiNapoli. “Rising sales tax collections are very important for New York’s local governments. But recently, these … the same periods in 2018. In comparison, 2018 collections for the early quarters grew by 4.8 percent and 7.2 percent …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-local-sales-tax-growth-slows-during-first-half-2019State Comptroller DiNapoli Releases Municipal Audits
Town of Berkshire Bethlehem Public Library Town of Cherry Valley City of Cohoes Town of Deerpark Town of Deposit East Aurora Volunteer Fire Department Town of East Hampton Town of Edinburg Village of Fort Ann Town of Islip Industrial Development Agency Town of Laurens
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsMedgar Evers College – Controls Over Bank Accounts
… bank accounts for the period of January 1, 2013 through March 4, 2015. Background CUNY is the largest urban … active or closed during the period January 1, 2013 through March 4, 2015. As of July 31, 2015, MEC had 17 active … paid from six judgmentally selected bank accounts, 26 payments totaling $118,782 were either improper (did not …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/medgar-evers-college-controls-over-bank-accountsAid and Incentives for Municipalities (AIM) and Temporary Municipal Assistance (TMA)
Find information on Aid and Incentives for Municipalities AIM
https://www.osc.ny.gov/local-government/data/aid-and-incentives-municipalities-aim-and-temporary-municipal-assistance-tmaDiNapoli Releases October State Cash Report
… the budget was enacted, according to the October cash report released today by New York State Comptroller Thomas P. DiNapoli. “The state’s … of the state. All Governmental Funds includes General, Special Revenue, Debt Service and Capital Projects funds, as …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportImproper Payments of Medicare Buy-in Premiums for Ineligible Recipients (Follow-Up)
… report, Improper Payments of Medicare Buy-In Premiums for Ineligible Recipients (Report 2020-S-35 ). About the … program (Buy-in Program), administered by the Centers for Medicare & Medicaid Services (CMS), Medicaid pays Medicare premiums for individuals who meet Buy-in Program eligibility …
https://www.osc.ny.gov/state-agencies/audits/2023/04/12/improper-payments-medicare-buy-premiums-ineligible-recipients-followVillage of Fleischmanns – Water Fund (2013M-151)
… Audit The purpose of our audit was to assess the financial management of the Village’s water fund for the period June 1, … year was $953,000, which is funded mainly through real property taxes, water and sewer user fees, and State and …
https://www.osc.ny.gov/local-government/audits/village/2013/09/06/village-fleischmanns-water-fund-2013m-151