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DiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… Wall Street’s 2023 first half profits of $13 billion were down 4.3% from the same period … return to pre-pandemic levels of revenue after record profits in 2020 and 2021, according to State Comptroller … industry. “The securities industry’s two years of record profits helped stabilize New York’s economy in difficult …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli: State's Fiscal Outlook Declines
… state and avoid cuts to critical programs New Yorkers rely on.” DiNapoli said large budget gaps underscore the … funds were deposited, the statutory reserves would total $19.5 billion, which is 17% of projected General Fund … based on volatile income sources such as capital gains, dividend and interest income, and bonuses paid to securities …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesDiNapoli Releases Analysis of State Financial Plan
… State Fiscal Year (SFY) 2022-23 Enacted Budget Financial Plan from the Division of the Budget (DOB) projects fiscal … and sustainability risks that could disrupt the Financial Plan that should be monitored closely. “Amidst tremendous … not be lost,” DiNapoli said. “While the state Financial Plan expects revenue growth to continue, economic risks are …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State … Executive Budget that the budget will remain in balance for the next five years, the direction of the pandemic, inflation, and supply chain issues all remain risks to the state’s economic recovery and …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: Wall St. Profits Soared in First Half of 2020
… COVID-19 pandemic, the securities industry saw its pretax profits reach $27.6 billion in the first six months of 2020, … interest rates and rising volume in trading drove profits dramatically upward to a level hard to imagine in … provides an outsized source of revenue, but the rising profits on Wall Street are disconnected from the pain being …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Wall Street Bonuses Edge Up in 2014
… bonus paid in New York City's security industry rose by 2 percent to $172,860 in 2014, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli. Even though … second year in a row that profits declined (profits fell by 30 percent in 2013). Industry profits were lower because …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014Comptroller DiNapoli and A.G. Schneiderman Announce Indictment of NYC Councilman Ruben Wills In Public Corruption Scheme
… money for personal benefit. Mr. Wills and a member of his family that he enlisted as a co-conspirator have been … (“CFB”) and the New York State Office of Children and Family Services (“OCFS”). In the 2009 campaign for the City … "This City Councilman, instead of working for the public good, stole from the public coffers, according to the …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-and-ag-schneiderman-announce-indictment-nyc-councilman-ruben-wills-publicState Agencies Bulletin No. 1615
… Federated Fund Number which appears on the authorization card must be used as the Deduction Code. Cards that have been … the Capital Region Deduction Code 851 - SEFA of New York City Deduction Code 856 - SEFA of Broome/Chenango/Tioga … check of 2018. Agency Actions The following instructions apply to agencies that are not currently customers of the NYS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1615-2018-sefa-state-employees-federated-appeal-campaignState Agencies Bulletin No. 1693
… SEFA Campaigns. Checks made out to SEFA will be accepted. Online Enrollment Online enrollment can be utilized for employees wishing to … are encouraged to initiate the deduction with the online enrollment process. For employees without computer …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1693-2019-state-employees-federated-appeal-sefa-campaignState Agencies Bulletin No. 1525
… Institution (Lag) 12/08/2016 Administration (Lag) 12/15/2016 Institution (Current) 12/22/2016 Administration …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1525-2017-sefa-state-employees-federated-appeal-campaignUnified Court System Bulletin No. UCS-191
… the Goal Balance. If the amount of the positive earnings is not sufficient to recover the entire overpayment, the … between the Goal Balance and the Goal Amount, whichever is less. If the check is not sufficient to recover the amount determined by the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-191-unified-court-system-ucs-salary-restorations-unrepresentedUnified Court System Bulletin No. UCS-200
… Law and the agreement between the Chief Administrative Judge and the Office of the State Comptroller, the total … year must equal: The statutory salary, provided the Judge serves the entire year at one salary; or The prorated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-200-2013-year-end-adjustment-judges-and-justices-unified-courtOpinion 98-9
… ambulance district must receive those services without a fee or charge. This is in response to your inquiry concerning … You ask whether the ambulance company may impose a fee on those making use of the company's services within the district and provide for the payment of that fee to the company. Town Law, §198(10-f)(a) prescribes the …
https://www.osc.ny.gov/legal-opinions/opinion-98-9State Agencies Bulletin No. 708
… To inform agencies of a new Control-D report (NPAY779) that will list potentially eligible employees for the Merit Step payment and instructions to add or delete … previous three years “Unsatisfactory” ratings given during that period and subsequently reversed on appeal will satisfy …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/708-public-employees-federation-pef-and-rent-regulation-services-unit-rrsuOpinion 88-30
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. … -- Assessments (properties deemed benefited to be assessed for costs of the district) -- Connections (requiring property … conclusion (see, e.g., B.F. McMahon, et al . v City of Virginia Beach, Virginia , 221 Va. 102, 267 SE2d 130; Lepre v …
https://www.osc.ny.gov/legal-opinions/opinion-88-30XVI.4.B Tax Revenues – XVI. Financial Reporting
… resulting in derived tax revenues includes personal income taxes and certain consumption and use taxes and fees, … resources are received, whichever occurs first. Revenues, net of refunds and uncollectible amounts, should be … a corporate taxpayer elects to carry back a net operating loss. Therefore, due to the uncertainty associated with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4b-tax-revenuesDiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… homeowners paying at least 30 percent of their 2012 income for a place to live, according to a report released today by … costs,” DiNapoli said. “When half your income goes to pay for a place to live, you are going to be stretched thin on … This unfortunate trend has troubling implications for our economic growth and for New Yorkers’ quality of …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South Bronx, to highlight the importance of Banking Development Districts (BDDs). The … Savings Bank in Clinton Hill Brooklyn and Spring Bank in the South Bronx to highlight the importance of Banking Development Districts …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesXI.18.B Procurement Lobbying Act – XI. Procurement and Contract Management
… relating to lobbying on procurement contracts. For state agencies and public authorities whose contracts are … a procurement contract as any contract or other agreement for an article of procurement 1 involving an estimated … and payable” are: a lease agreement that may be extended for a stated period of time at the rent provided for in the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18b-procurement-lobbying-actState Agencies Bulletin No. 1748
… 2019 Note: Due to June 30th falling on non-business day (Sunday) this calendar year, the actual lapse date used in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1748-updating-payserv-chartfield-strings-june-lapsing-events