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DiNapoli: Franklin School District Saves $826,000 in Health Care Costs

… New York State Comptroller Thomas P. DiNapoli. “In a time of limited resources and increasingly tight budgets, school … rates to the new carrier, Franklin CSD saved a total of $543,000 from 2013 through 2015. During the same time … such an incentive, the district would have paid a total of $321,000 in health insurance premiums for these …

DiNapoli: Former Almond Treasurer Took $22,000 in Fire Department Funds

… out public corruption and hold wrongdoers accountable. I thank the New York State Police and Allegany District Attorney Keith Slep for their diligent work on this case.” The audit, …

DiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds

… $466 million are expected to be paid in the coming days. "My auditors are committed to safeguarding the funds of … honest New Yorkers," DiNapoli said. "We'll stay one step ahead of the schemes used by tax cheats, and look to ensure …

DiNapoli: Increase in Older Inmates Challenges New York's Prison System

… of inmates age 50 and over rose 46 percent from 2007 to 2016, according to a report issued today by New York State Comptroller Thomas … DiNapoli's report found that overall, such costs rose to over $380 million in 2015-16 State Fiscal Year, an … of inmates age 50 and over rose 46 percent from 2007 to 2016 according to a report issued today by New York State …

DiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead

… The State Fiscal Year (SFY) 2017-18 Enacted Budget increases funding for education, clean water, affordable housing and other … $10.5 billion in new state debt and allows billions of dollars in lump sum spending with minimal disclosure, … The State Fiscal Year 201718 Enacted Budget increases funding …

DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter

… tax base and a return to its pre-pandemic role as a major driver of sales tax growth in the state. Collections outside …

DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter

… 2023-24, $450.8 million higher than estimates released in the Division of the Budget’s (DOB) Enacted Budget … billion lower than last year through the quarter ending in June 2022, according to the monthly State Cash Report … eased and hiring has held up, consumer spending has slowed in recent months and some tax collections are showing signs …

New Yorkers in Need: Food Insecurity and Nutritional Assistance Programs

Millions of New Yorkers face daily challenges as a result of living in or near the federal poverty level resulting in painful choices between satisfying basic needs such as shelter health care food or transportation

DiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November

… Local sales tax collections in New York state increased by 8.8% in … time last year. “November marked another solid month for sales tax collections for local governments,” DiNapoli said. … should continue to monitor the economic factors impacting sales tax when estimating their own revenue projections for …

IX.3 Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies – IX. Federal Grants

IX.4 Establish & Maintain Federal Grants in SFS for Onboarding Agencies – IX. Federal Grants

… Statewide Financial System (SFS). In order to establish a grant in the SFS, there is certain mandatory information that … Operations (BSAO) to completely and accurately report grant activity and/or request federal funds needed to finance … appropriated federal funds. When a federal agency awards a grant to NYS, they issue a Grant Award Document or Notice …

DiNapoli: Local Sales Tax Collections Up 20% in Third Quarter

… Local sales tax collections totaled $5.2 billion in the third … today from State Comptroller Thomas P. DiNapoli. “Local sales tax collections continue to show year-over-year growth … growth.” Statewide, every region saw solid growth in sales tax collections during the third quarter compared to …

DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System

… The adjusted rates will impact payments next State Fiscal Year 2022-23. In addition, DiNapoli lowered the long-term … the state pension fund is 99.3%. The state pension fund’s annualized rates of return are 11.17% over the past five years, 9.19.% over 10 years, 7.65% over 20 years and 8.96% over 30 years. …

New York’s Economy and Finances in the COVID-19 Era

… February’s level — one indication that recovery has been only partial. Extraordinary unemployment benefits funded by … state-federal UI program. Those temporary programs covered only certain periods, contributing to the decline in overall …

New York’s Economy and Finances in the COVID-19 Era

… Department of Labor. Unemployment rates are driven not only by employment, but also by the proportion of working-age …

New York’s Economy and Finances in the COVID-19 Era

… and food services industries. The utilities sector was the only industry to experience continued decline from the second …

DiNapoli: Local Sales Tax Collections Up Nearly 12% in July

… and Finance. In the third month of each calendar year quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The … will be available in October, and will be the first to reflect the sales tax impact of the gas tax holiday …

New York’s Economy and Finances in the COVID-19 Era

… Economic Trends Total New York Wages Fell $12.5 Billion in Second Quarter In the second quarter of 2020, total wages paid in New York State declined by $12.5 billion or 7.4 percent in … In the second quarter of 2020 total wages paid in New York State declined by $125 billion or 74 percent in …

New York’s Economy and Finances in the COVID-19 Era

… General Fund). However, DOB has identified $2.7 billion in payroll costs for such employees as eligible for CRF funding, …

New York’s Economy and Finances in the COVID-19 Era

… comparatively low wages, lost 93,000 jobs, one in every 10 of its previous total. By contrast, finance and insurance … in the second quarter of 2020 on a seasonally adjusted, annualized basis, according to BEA data. The portion of … is anticipated to be repaid before the end of the fiscal year, and more than $1.9 billion in delayed payments to local …