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DiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… office market values grew over 4% ($8.7 billion) since FY 2020, driven by newer office buildings built after 2010. … property tax bills are based went from $66.9 billion in FY 2020 to $71.6 billion in FY 2025, faster than the rate (7%) … pool in the city. The city’s budget will continue to benefit from an outsized contribution from office property …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceMonitoring of Construction Management (Follow-Up)
… Established in 1960, the Office of General Services (OGS) facilitates the work of State agencies through the … agencies and public authorities. To achieve that mission, OGS operates the Design & Construction Group (D&C), which … and function. D&C is generally responsible for managing OGS’ construction contracts. However, contracts may be …
https://www.osc.ny.gov/state-agencies/audits/2024/09/06/monitoring-construction-management-followFinger Lakes Region Leads the Way Statewide in Agricultural Sales, Topping $2 Billion
… The critical role farms play in New York cannot be overstated, both as an economic … seeing growth in the number of acres farmed. Access to fresh, healthy food also adds to the quality of life in … breakdown of farming across upstate New York along with Long Island and New York City. The report includes an …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-finger-lakesDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
New York Citys government workforce reached more than 300000 employees in June of 2024 the first yearoveryear increase since the COVID19 pandemic Still some city agencies remain understaffed resulting in critical services being impacted according to a new report released today by New York
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli Releases Recommendations From Decarbonization Advisory Panel
… served voluntarily. The panel was charged with offering strategies for the Comptroller’s consideration on how the … exposure to climate risk, but we need to engage in more strategies to protect the long-term value of the Fund. The … and help avoid investment managers whose operations and strategies are not sustainable. The panel also recognized …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelDiNapoli Releases Analysis of State Financial Plan
… including temporary personal income tax (PIT) increases on high earners, creates additional risk. In 2019, taxpayers … rate increase results in the state being more dependent on high-income taxpayers; these taxpayers typically have income … PIT revenues are also reliant upon taxpayers, particularly high-income taxpayers, continuing to be residents of New …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: Problems Plague State's Rent Relief Program; Federal Funds To Help Renters at Risk
… and program enhancements by geography, language, industry, age and other pertinent characteristics; Monitor the program … shares of New York City low-income renter households at 37% and 27% respectively. They have also experienced … on New York City Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-problems-plague-states-rent-relief-program-federal-funds-help-renters-riskDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… profits. In March, DiNapoli’s office estimated the bonus pool for 2022 was $33.7 billion , 21% smaller than the previous year. It estimated the average bonus for 2022 was 26% smaller at $176,700 and in line with … than the rate of inflation. It is likely that the overall bonus pool for the year will be smaller than in 2022 as …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022Bank Street College of Education – Compliance With the Reimbursable Cost Manual
… 2014. Background Bank Street’s Family Center (Center) is a not-for-profit organization authorized by SED to provide … Special Education Itinerant Teacher (SEIT) services and a Preschool Integrated Special Class – over 2.5 hours per day to children with disabilities who are between the ages of …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/bank-street-college-education-compliance-reimbursable-cost-manualDiNapoli: State Agency Overtime Tops $316 Million Halfway Into 2014
… need to examine their practices, get to the root of what is driving high overtime and better manage these costs.” … operations, including periodic reports on how overtime is managed by state agencies. The total cost of overtime as a … up nearly 16 percent over 2012. Some of the increase is due to recent salary and other increases paid to state …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-state-agency-overtime-tops-316-million-halfway-2014State Comptroller DiNapoli Releases School Audits
… his office completed audits of Allegany-Limestone Central School District , Cassadaga Valley Central School … In addition, allowing the purchase of goods through Amazon has a high level of risk because of the ease with …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-school-auditsNY State Comptroller DiNapoli: Social Media Firms Must Demonstrate They Can Protect Users
… New York State Common Retirement Fund (Fund), today called on Facebook, Twitter and Alphabet to publicly report what … at each company asking their boards to provide information on what steps they have taken to enforce service agreements. … of social media users are at risk of being exposed to fake news, hate speech and sexual harassment if these companies …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-social-media-firms-must-demonstrate-they-can-protect-usersDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… compared to $7.8 billion during the same period last year. "Local sales tax growth across the state is welcome … the first-half collections growth in that region last year. At this time last year, regional sales tax revenue … New York City. The strongest growth was in Oswego County (16.7 percent), although much of that was due to technical …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017New York City School-Based Health Centers – Security and Controls Over Medications and Related Supplies
… high-risk communities. The New York State Department of Health (Department) oversees administration of the Program, including the licensing of the independent medical facilities (e.g., hospitals, …
https://www.osc.ny.gov/state-agencies/audits/2015/01/08/new-york-city-school-based-health-centers-security-and-controls-over-medications-andDual Employment
… these abuses of time and attendance procedures could be as high as $107,000. Since some of these employees held second …
https://www.osc.ny.gov/state-agencies/audits/2013/12/19/dual-employmentMedicaid Program – Oversight of Localities' Efforts to Coordinate Veterans' Health Care Benefits Under Medicaid and the U.S. Department of Veterans Affairs
… Purpose To determine whether the Department of Health effectively oversaw localities' efforts to … benefits provided through Medicaid and the U.S. Department of Veterans Affairs (VA). The audit covers the period April 1, 2008 through October 31, 2013. Background Many of New York's Medicaid recipients are veterans. During the …
https://www.osc.ny.gov/state-agencies/audits/2014/03/19/medicaid-program-oversight-localities-efforts-coordinate-veterans-health-care-benefitsDual Employment
… worked more than 40 additional hours of extra service per pay period. Follow-up and additional testing identified three …
https://www.osc.ny.gov/state-agencies/audits/2013/12/19/dual-employment-2Dual Employment
… 1, 2009 through July 25, 2012. Background OMH's mission is to promote the mental health and well-being of all New … and record-keeping practices at the agencies, it is not possible to determine whether these staff failed to … of these employees held second jobs for many years, it is possible that costs associated with these abuses may be …
https://www.osc.ny.gov/state-agencies/audits/2013/12/19/dual-employment-0Privacy and Security of Student Data
… by cyberattacks rose from 39,000 students in 2018 to a high of nearly 1.2 million students in 2020. It is, …
https://www.osc.ny.gov/state-agencies/audits/2023/05/16/privacy-and-security-student-dataLocal Sales Tax Collections Up 19% in 2021
… in 2021 as the economy rebounded from the pandemic, some of that growth is attributed to inflation, which was the … many taxable goods could decrease due to the rising cost of basic staples.” After a decline of 3.9% statewide in the first quarter of 2021, local sales …
https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021