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Homeownership Rates in New York
In New York, that dream appears unattainable for a large share of the population: New York has the lowest homeownership rate among the states, with only 53.6 percent owning a home in the second quarter of 2022, compared to 65.8 percent nationally.
https://www.osc.ny.gov/files/reports/pdf/homeownership-rates-in-ny.pdfReview of the Financial Plan of the City of New York, August 2022
The City’s adopted budget for Fiscal Year (FY) 2023 reflects the countervailing forces of extraordinary efforts by the federal government to boost the economy over the last two years and an economic slowdown due to unanticipated factors, including supply chain issues.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2023.pdfReview of the Financial Plan of the City of New York, May 2022
The release of New York City’s $99.7 billion Fiscal Year (FY) 2023 Budget - $104.9 billion when adjusted for surplus transfers - and Financial Plan (the “April Plan”) signifies a remarkable fiscal turnaround since the adoption of the FY 2022 budget in June 2021.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2023.pdfNew York City’s Uneven Recovery: An Analysis of Labor Force Trends
This report aims to understand the main differences in labor force participation among New York City’s workers and discusses discusses some of the reasons for the City’s uneven recovery when compared to the rest of New York State and the nation.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2023.pdfCity of Long Beach – Budget Review (B21-7-6)
Determine whether the significant revenue and expenditure projections in the City’s proposed budget for the 2021-22 fiscal year are reasonable, and whether the City took appropriate action to implement or resolve recommendations from our budget review issued in May 2020.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/long-beach-budget-review-b21-7-6.pdf2020 Annual Report on Preschool Special Education
In 2020, OSC completed 10 audits of preschool special education providers' expenses submitted to SED. These audits cumulatively identified over $4.4 million in recommended disallowances, or more than 3 percent of the total claimed expenses of $139.3 million for the audit period.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/seit-annual-report-2020.pdfAccounting and Reporting Update
This session will provide an overview of recent GASB statements as well as miscellaneous accounting updates implemented by OSC. The session will discuss how local governments will need to account for and report these changes in the Annual Financial Report (AFR).
https://www.osc.ny.gov/files/local-government/academy/pdf/osc-accounting-and-reporting-update-042926.pdfHotel Industry in New York City
New York City’s hotel industry is one of the nation’s strongest, with high demand for rooms led by a surge in domestic visitors, but it remains vulnerable to changes in tourism and the continued loss of international travelers due to geopolitical instability.
https://www.osc.ny.gov/files/reports/osdc/2026/pdf/nyc-hotel-industry-report-july-2026.pdfOpinion 95-27
… Law, §3604(5)(b), as added by chapter 82 of the Laws of 1995, provide a "grace period" for submission of claims for … made. Prior to the enactment of chapter 82 of the Laws of 1995, Education Law, §3604(5) provided that "no payments … one year of the date of the order or judgment. October 17, 1995 Patricia L. McCarthy Deputy Comptroller …
https://www.osc.ny.gov/legal-opinions/opinion-95-27Opinion 91-9
… FUNDS -- Budget Procedures (increase in items by city council in city of the second class) -- Contingency Funds (in … PUBLIC OFFICERS AND EMPLOYEES -- Powers and Duties (city council in city of the second class - budget items) CITIES -- City Council (authority to increase budget items) -- Powers and …
https://www.osc.ny.gov/legal-opinions/opinion-91-9Motor Vehicle Theft and Insurance Fraud Prevention Program
… the incidence of these crimes by developing and providing funding for programs that support specialized law enforcement … insurance companies collect the MVTIF Prevention Fee (Fee), currently $10, which is reflected in motor vehicle … was issued late – the most recent one was due in February 2022 and issued in December 2023. Lacking a full Board, DCJS …
https://www.osc.ny.gov/state-agencies/audits/2024/04/11/motor-vehicle-theft-and-insurance-fraud-prevention-programState Agencies Bulletin No. 2301
… agencies that the pensionable overtime (OT) earnings limit for Tier 6 members of the New York City Employee Retirement … York City Board of Education Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: … NYCTRS, and NYCBERS are affected. Background: OT limit for Tier 6 began in State fiscal year 2012-13 at $15,000. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsDivision of Housing and Community Renewal Bulletin No. DH-132
… income tax withholding will be calculated using the Flat Rate method (1.95975% for Yonkers residents and 0.50% for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-132-district-council-37-dc-37-2024-non-pensionable-lumpState Agencies Bulletin No. 2253
The purpose of this bulletin is to inform agencies of OSCs automatic processing of the April 2023 and April 2024 Arbitration Eligible BU01 and NonArbitration Eligible BU21 Retroactive 3 Salary Increases for Employees in the SSU Represented by NYSCOPBA and provide instructions for payments not
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2253-april-2023-and-april-2024-retroactive-3-salary-increases-arbitrationDiNapoli: Administrative Streamlining Can Strengthen Fragmented NYC Child Care Programs
… efficiency of programs and direct expansion efforts based on the greatest need. “The rising cost of child care, … existing programs in New York City are fragmented and data on outcomes and cost can be better utilized so expansion … The cost of expanding child care will vary widely based on services provided, provider types, hours and days of …
https://www.osc.ny.gov/press/releases/2026/01/draft-dinapoli-administrative-streamlining-can-strengthen-fragmented-nyc-child-care-programsFull- and Part-Time Service Credit – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e Full and …
https://www.osc.ny.gov/retirement/publications/1502/full-and-part-time-service-creditA Message From Comptroller Thomas P. DiNapoli – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e A Message …
https://www.osc.ny.gov/retirement/publications/1502/message-comptroller-thomas-p-dinapoliFull- and Part-Time Service Credit – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e Full and …
https://www.osc.ny.gov/retirement/publications/1507/full-and-part-time-service-creditA Message From Comptroller Thomas P. DiNapoli – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e A Message …
https://www.osc.ny.gov/retirement/publications/1507/message-comptroller-thomas-p-dinapoliRetiring Before Age 62 – New Career Plan
… retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62