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DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… Benefits Trust. The city also reduced the general reserve for FY 2021 from $1 billion to $100 million, the statutory minimum for the start of the fiscal year. Despite a balanced budget … year, the city projects a budget gap of $4.2 billion for FY 2022 because it relied heavily on nonrecurring actions …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesSignal Maintenance, Inspection, and Testing (Follow-Up)
… and Testing (Report 2017-S-6 ). About the Program New York City Transit’s (NYCT) Department of Subways’ … to establish a State Safety Oversight Program. In New York State, it is the Public Transportation Safety Board …
https://www.osc.ny.gov/state-agencies/audits/2020/08/19/signal-maintenance-inspection-and-testing-followDiNapoli: Halfway Through the Year, Revenue Hole Persists
… Halfway through the state’s fiscal year, state tax receipts are trailing last year by $2.8 billion, according to the September State Cash Report released by New York State … DiNapoli. “COVID-19 had a significant negative effect on the first half of the state’s fiscal year,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persistsDiNapoli Releases December State Cash Report
… for potential economic challenges in the coming year.” Tax collections in December totaled $8.1 billion, $162.5 … percent higher than the same month last year. Year-to-date tax collections of $54.4 billion were $3.8 million over the … more than $3.8 billion, or 12.7 percent, from last year. Withholding collections within PIT were just below $3.7 …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-releases-december-state-cash-reportDiNapoli: Better Oversight Needed at Homeless Shelters
… families secure permanent housing are not being completed on a timely basis or, in some cases, at all. Auditors …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-better-oversight-needed-homeless-sheltersDiNapoli Releases State Cash Report
… in May were stronger than projected, with collections for the fiscal year now $142.3 million higher than … be used to fix New York’s crumbling infrastructure or for other non-recurring purposes and not to support ongoing … May tax receipts were $166 million higher than projections for the month, but were 4.6 percent lower than a year ago, …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportComptroller DiNapoli Releases Municipal Audits
… in the water and sewer ordinances did not conform to applicable state law. Town of Alexandria – Water and Sewer … did not budget accurately nor raise sufficient revenues to fund water and sewer operations, which resulted in five … Auditors found that the clerk did not remit collections to the supervisor and treasurer in a timely manner. The clerk …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-auditsNYC Surplus Projected to Reach $550 Million in FY 2020
… personal and business income tax collections during the first four months of the year, according to a report released … by 26 percent in 2019, profits were up 10 percent in the first three quarters of the year. Stronger Wall Street …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020New York Continues to Send More Federal Tax Dollars to Washington Than It Gets in Return
… more in taxes to the federal government in federal fiscal year (FFY) 2018 than it got back in federal spending, ranking … Balance of Payments in the Federal Budget – Federal Fiscal Year 2018 or go to: … //osc.state.ny.us/reports/budget/2020/federal-budget-fiscal-year-2018.pdf View Interactive state-by-state comparison : or …
https://www.osc.ny.gov/press/releases/2020/01/new-york-continues-send-more-federal-tax-dollars-washington-it-gets-returnComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… and Attorney General Eric T. Schneiderman today announced the conviction and sentence of Richard L. Cook, III, 58, a resident of Atlanta, GA, for the crime of Grand Larceny in the Third Degree, for stealing over $204,000 in state pension …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-caseDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 … prior to the pandemic that ensured more online sales were being fully taxed.” Local sales tax growth in 2022’s fourth …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022NY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… trustee of the Fund, said. “Sylvester McClearn has a long and proven track record in the financial industry and I have … of perspectives and experiences is an essential asset for institutional investors. I look forward to his … and Sly has already added to our work opening the doors for up-and-coming financial managers,” said Chief investment …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorState Agencies Bulletin No. 2113
… Date: 03/29/20223 Earn Code: SAD (PEF) SDC (CSEA) Units: 1 Payroll Register and Employee’s Paycheck/Advice The Earnings … SAD or SDC and the amount paid will be displayed on the Payroll Register. The Earnings Description Special Assignment … Questions regarding this bulletin may be directed to the Payroll Earnings mailbox. … The purpose of this bulletin is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2113-2023-special-assignment-duty-pay-calendar-year-2022DiNapoli: MTA Not Holding Paratransit Contractor Accountable
… Thomas P. DiNapoli released an audit today revealing the Metropolitan Transportation Authority (MTA) did not … travel planning information to customers who utilize the MTA’s Access-A-Ride (AAR) program. “Vulnerable customers are the losers when the MTA does not hold the contractor accountable for repeated …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-mta-not-holding-paratransit-contractor-accountableDiNapoli Op-Ed: The Double-Edged Sword of Pandemic-Driven Technological Acceleration
… meet the moment by adopting comprehensive risk mitigation strategies and effective AI governance frameworks that … the risks involved with some AI products – and the strategies to reduce or eliminate those risks – has not kept …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-op-ed-double-edged-sword-pandemic-driven-technological-accelerationState Comptroller DiNapoli Releases Audits
… (Open Data) (Follow-Up) (2021-F-29) An audit report issued in September 2020 found the office had taken steps to meet … total population of publishable data that it maintains. In a follow-up, auditors found the office made significant … years ended June 30, 2018, auditors identified $193,420 in costs that did not comply with reimbursement requirements. …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-releases-audits-0DiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial plan released in February, and more than $30 billion higher than DOB’s … billion higher than the previous year. However, receipts in SFY 2021-22 include $16.4 billion in business tax …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsPopulation Data, Resources and Publications
… Data Historical Decennial Census Data File for Counties, Cities, Towns and Villages [xls] 2020 Census Interactive Dashboard Resources Entities … Stress Monitoring System (FSMS) Environmental Indicator 1 for local governments uses population estimates from the …
https://www.osc.ny.gov/local-government/resources/population-data-resources-and-publicationsVI.3.B Budget Transfers Within a Business Unit – VI. Budgets
… account code for those appropriations within the State Operations budget bill. A multi-fund appropriation is … funds or accounts (e.g. between Aid to Localities and State Operations). Transfers must be specifically authorized in State statute. Consolidation Transfer – Special designation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi3b-budget-transfers-within-business-unitState Agencies Bulletin No. 1977
… Purpose The purpose of this bulletin is to provide agencies with instructions to … from all PayServ job records, as well as agencies not in PayServ. Employee Contribution Rates: Wages Contribution … provides employees’ earnings by Dept ID for the calendar year entered. If the query returns multiple …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1977-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdc