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New York’s Economy and Finances in the COVID-19 Era
… in New York totaled just over 52,000. While still high by most historical levels, that figure compared to a peak of … compared to 27 percent of males working from home in June. Most such teleworkers are full-time employees, and workers … working at home before the pandemic. At least some if not most of these individuals likely continue to work at home in …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… Sales tax revenue for local governments in July fell 8.2 percent compared to the same period last … over the same month in the prior year. “New York’s local governments continue to see a significant downturn in …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… of Change in GDP Accommodation and food services 16.4% Health care and social assistance 12.5% Arts, … entities. Prior Editions September 30, 2020 September 16, 2020 September 2, 2020 August 19, 2020 August 5, 2020 …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New … in the unemployment rate was the second largest among all states, as shown in the map below. New Jersey led the … ceased searching for a job actively. New York also led all states in September job gains, at 109,300. Again, the …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… Amidst the economic tumult brought on by the COVID-19 pandemic, the … to the city’s economy, responsible for 17 percent of all economic activity in 2018, but that share is down from … collections, accounting for 18 percent ($15.1 billion) of all tax collections in state fiscal year ending March 30, …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… sector, accounted for over 10 percent of job losses. Many jobs in these industries are relatively low-paid … noted previously . Meanwhile, professional services, with many higher-paid jobs, ranked second for net job loss, with a … of the lingering, serious economic challenges facing many New Yorkers. As of mid-November, New Yorkers had …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… the Lake George Watershed Coalition, was convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in the First Degree and related false filing charges, related …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… the sentencing of non-profit executive Anna Mendez for the misuse of nonprofit funds to fund straw political … 5 years’ probation. "Our electoral process is jeopardized when people like Ms. Mendez scheme to undermine laws to fund … to justice.” “Corrupting the election process is a crime that deserves a serious penalty," said New York City …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeNew York’s Economy and Finances in the COVID-19 Era
… of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment income since … Data For example, while 10 percent of all U.S. adults live in households reporting not having enough to eat in the … In the wake of COVID19 more than half of adult New Yorkers live in households that have lost employment income …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… the year, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “New York City’s … as changes in the business cycle are inevitable. Future state actions represent the most immediate risk to the city’s … through 2023. Read the report , or go to https://osc.state.ny.us/osdc/rpt10-2020.pdf Find out how your government money …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Minds in Motion, Inc. (MIM) on its Consolidated Fiscal Reports … for-profit special education provider located in Newburgh. MIM provides preschool special education … the fiscal year ended June 30, 2015, MIM reported $571,094 in reimbursable costs for the one rate-based preschool …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… County Court Judge Craig Stephen Brown, to Grand Larceny in the Third Degree and Tampering with Public Records in the First Degree, in connection with the embezzlement of …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… with EO 88 Guidelines. The audit covered the period from April 1, 2014 through October 17, 2019. About the … than 100,000 gross square feet by December 31, 2016, as required. Furthermore, only 6 of 159 total planned submeters … of energy use and providing alerts to facility staff, as required, by the December 31, 2017 deadline. DOCCS officials …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… Friday to repeatedly pilfering village coffers to pay for white water rafting and dating through Match.com, State … and went as far as stealing from taxpayers to pay for white water rafting and Match.com,” DiNapoli said. “I thank … Friday to repeatedly pilfering village coffers to pay for white water rafting and dating through Matchcom State …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… in lump sum spending with minimal disclosure, according to a report released today by State Comptroller Thomas P. … billion, approximately $1.7 billion more than projected when the fiscal year began but down nearly $1.2 billion from … listing of authorized entities and eligible purposes, but does not specify how funds will be allocated, how recipients …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… Local sales tax collections totaled $5.2 billion in the third quarter (July-September of 2021), up $861 … for goods also increase sales tax collections, and the price of consumer goods and services during this third … the same period last year, as measured by the Consumer Price Index. The improvement in New York City sales tax …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… The New York State Common Retirement Fund (Fund) has committed approximately $400 … risks, it also creates opportunities for the state pension fund to invest in the companies and funds that are …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNew York’s Economy and Finances in the COVID-19 Era
New Yorkers average student loan balance rose by 39 percent from the previous year to $37600 as of June 2020 according to newly available data from the Federal Reserve Bank of New York
https://www.osc.ny.gov/reports/covid-19-january-21-2021DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… to the monthly State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. State tax … Find out how your government money is spent at Open Book New York . Track municipal spending, the state’s 180,000 …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projections