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New York’s Economy and Finances in the COVID-19 Era
… to 5.3 percent nationally. New York State’s Budget State tax collections for April through July were down $3 billion from last year. Tax receipts for the first four months of the fiscal year … Quarterly Update, reducing its projection for this year’s tax receipts from $75.5 billion to $74.5 billion. Personal …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: 2015 Sales Tax Collections Drop in 30 Counties
… York City last year, according to a report issued today by State Comptroller Thomas P. DiNapoli. Total collections across the state grew by 3.6 percent, or $552 million, in 2015 compared to 2014. But the increase was nearly exclusively driven by New York City, which saw an increase of $487 million. “The …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-2015-sales-tax-collections-drop-30-countiesNew York’s Economy and Finances in the COVID-19 Era
… and Socioeconomic Disparities Emerge From the Census Data For example, while 10 percent of all U.S. adults live in … days – that figure rises to 19 percent and 14 percent for black and Hispanic households, respectively. The Census … same time, the proportion of small businesses reporting increases in paid employees has risen and, as of the week …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: Bombay Clerk Charged in Theft of Justice Court Fees
… thefts were uncovered in an audit and investigation by DiNapoli’s office to review the court’s financial … can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-bombay-clerk-charged-theft-justice-court-feesDiNapoli: Former Pharmacist Charged In $232,000 Medical Claims Fraud
… of $232,000 after the scam was uncovered in two audits by State Comptroller Thomas P. DiNapoli’s office. William … he stole more than $230,000 from the taxpayers of New York by submitting fraudulent billing claims,” Acting Nassau … alleged crimes.” The arrest follows a joint investigation by the Comptroller, the Nassau County District Attorney and …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-pharmacist-charged-232000-medical-claims-fraudNew York’s Economy and Finances in the COVID-19 Era
… those in the preceding months shown in the nearby chart. By comparison, during all of calendar year 2019, approved … look at business formation activity, fell in New York by 16.8 percent from the first quarter to the second quarter … data from the Census Bureau. Nationally, applications rose by 4.8 percent. On a seasonally adjusted basis, 45,890 …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… update. Subscribe Read Prior Editions February 3, 2021 Edition Selected Economic Trends Job Recovery and … ending January 16. From March 1, 2020, through January 29, 2021, the Office of the State Comptroller has approved more … 19, anticipates that such funding will extend through June 2021, providing a total of $4.5 billion to the State budget …
https://www.osc.ny.gov/reports/covid-19-february-3-2021DiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… its portfolio to net zero greenhouse gas emissions by 2040. Through the SICS Program, the Fund has made …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNew York State Comptroller DiNapoli on NYC Executive Budget
… health and sanitation. In all, agency expenses would grow by $2.2 billion in FY 2023, more than 40 percent of which … inflation, and takes a step towards managing repercussions by adding a half percentage point to its labor reserve (from … bringing the anticipated total balance to $1.2 billion by the close of FY 2022. “My office anticipates revenues will …
https://www.osc.ny.gov/press/releases/2022/04/new-york-state-comptroller-dinapoli-nyc-executive-budgetThe Impact of Wall Street on Jobs and Tax Revenues - April 2004
"Overall, the securities industry (also known as “Wall Street”) remains one of the most important industries in New York City."
https://www.osc.ny.gov/files/reports/osdc/pdf/report-1-2005.pdfKids in Action of Long Island, Inc. – Compliance With the Reimbursable Cost Manual (2021-S-13)
To determine whether the costs reported by Kids in Action of Long Island, Inc. on its Consolidated Fiscal Report were properly calculated, adequately documented, and allowable under the State Education Department’s guidelines, including the Reimbursable Cost Manual ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21s13.pdfMedicaid Program - Errors in Identification of 340B Providers in the Medicaid Drug Rebate Program (Follow-Up) (2018-F-14) 30-Day Response
To determine the implementation status of the four recommendations made in our initial audit report, Errors in Identification of 340B Providers in the Medicaid...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18f14-response.pdfPension Funds Break New Ground on Board Diversity
… reports on efforts to increase board diversity pending at LinkedIn and Skechers USA. DiNapoli has filed similar …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityFour Individuals Charged in Widespread Scheme to Defraud Medicare and Other Health Insurance Providers Through Fraudulent Medical Corporations and False Billing Resulting in Tens of Millions of Dollars in Losses
… DiNapoli, Geoffrey S. Berman, the United States Attorney for the Southern District of New York, William F. Sweeney, … to bilk insurance companies and federally-funded Medicare out of more than $80 million. Thanks to the … Medicare and other health care benefit programs to obtain reimbursement to which he and his co-conspirators were not …
https://www.osc.ny.gov/press/releases/2018/08/four-individuals-charged-widespread-scheme-defraud-medicare-and-other-health-insurance-providersNew York’s Economy and Finances in the COVID-19 Era
… York City. Among the nearly 1.3 million net jobs the State lost from March through August, more than 320,000 were in … before the recession hit, and one in every four jobs lost in all sectors statewide. Workers in this industry are … Retail trade, another sector with comparatively low wages, lost 93,000 jobs, one in every 10 of its previous total. By …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New York’s Economy and Finances in the COVID-19 Era
… 28% of Lost Jobs Have Been Regained Through July; in NYC, 17% While New York State has regained more than one … scale of losses due to the COVID-19 pandemic leaves a daunting path ahead for the State to climb back to … pandemic, according to a U.S. Census Bureau survey during the week ending August 22. New York’s share was the …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli: SED Makes Progress on Implementation of Dignity for All Students Act
… according to a follow-up report released today by State Comptroller Thomas P. DiNapoli. “Bullying is a … the Dignity for All Students Act.” An audit released by DiNapoli in October 2017 found that despite guidance from … Center for School Safety (NYSCFSS), enhanced its training by providing webinars and training sessions that have been …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-sed-makes-progress-implementation-dignity-all-students-actDiNapoli: Tax Cap Will Drop Below One Percent in 2016
… the 2016 fiscal year, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report noted the … Open Book New York . The easy-to-use website was created by DiNapoli to promote openness in government and provide … the 2016 fiscal year according to a report issued today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-tax-cap-will-drop-below-one-percent-2016DiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… other programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum … Executive acted on critical budget issues that will help New York move forward. However, billions of dollars in …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadMedicaid Audits Find More Than $500 Million in Waste
… fraudulent billing schemes at the state level, and county District Attorneys perform the same functions at the county …
https://www.osc.ny.gov/press/releases/2015/04/medicaid-audits-find-more-500-million-waste