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DiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy … and tax base, as market values reached nearly $205 billion in fiscal year (FY) 2025, surpassing pre-pandemic levels, according to a report … Office buildings in New York City remain a critical contributor to its economy …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli Op-Ed in City & State: NY ABLE Celebrates Seven Year Anniversary
… these individuals depend on a variety of public benefits for income or to pay for health care, food or housing costs. To qualify for these benefits, such as Supplemental Security … if certain conditions are met. This program gives families and individuals with disabilities some peace of mind …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-op-ed-city-state-ny-able-celebrates-seven-year-anniversaryDiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… to do the right thing and set aside some money lack the legal mechanism to pre-fund these benefits. This needs to … invest this money, ultimately lowering costs over the long term. There would be no limit on how much or how little a … trust fund for New York can be part of a sensible long term strategy for fiscal stability. Lawmakers should act now. …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-careDiNapoli: Billions Needed for Repairs to Local Bridges
… by New York State Comptroller Thomas P. DiNapoli. While the cost for repairs is staggering, DiNapoli’s report found the number of … deficient (18.4 percent) than other local bridges. The highest number of structurally deficient local bridges are …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… metropolitan areas according to a report released today by State Comptroller Thomas P. DiNapoli. Transportation made up … the clock to help keep some costs relatively low. City and state officials need to keep a close eye on transportation … metropolitan areas according to a report released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentDivision of Housing and Community Renewal Bulletin No. DH-137
… Renewal instructions for processing the 2024 RRSU Over40 Comp Time II Cash Out. Affected Employees: Employees in the … Unit – BU67 who have opted to participate in the Over40 Comp Time II Cash Out program are affected. Background: … permitted to cash out up to 120 hours of accrued Over40 Comp Time II credits in each year of the program . The Office …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-137-2024-rrsu-over40-comp-time-ii-cash-outState Agencies Bulletin No. 2386
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the 2025 CSEA and PEF Over40 Comp Time II Cash … The purpose of this bulletin is to provide agency instructions for processing the 2025 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2386-2025-csea-and-pef-over40-comp-time-ii-cash-outCost-of-Living Adjustment
… A Cost-of-Living Adjustment (COLA) is a permanent annual … a COLA increase each September. How COLA is Determined In accordance with State law, the annual COLA percentage is … This Year’s COLA Increase The COLA for September 2025 through August 2026 is 1.2 percent. The percentage is …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentOversight of Kendra’s Law (Follow-Up)
… as of September 2025, of the six recommendations included in our initial audit report, Oversight of Kendra’s Law (Report 2022-S-43 ). About the Program In August 1999, Kendra’s Law (Law) was enacted, creating a … and a history of hospitalizations or violence participate in community-based services appropriate to their needs. The …
https://www.osc.ny.gov/state-agencies/audits/2025/11/06/oversight-kendras-law-followDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… 33 percent from a year earlier, largely because of legal settlement dollars. “New York’s cash position continues to …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearOversight of Young Adult Institute, Inc.'s Family Support Services Contracts
… Office for People With Developmental Disabilities (OPWDD) is providing effective oversight of Family Support Service … two fiscal years ended December 31, 2016. Background OPWDD is responsible for coordinating services for New Yorkers with … do not provide guidance to the regional staff for when it is appropriate to request supporting documentation for …
https://www.osc.ny.gov/state-agencies/audits/2018/09/05/oversight-young-adult-institute-incs-family-support-services-contractsDiNapoli: Wall Street Bonuses Slip From 2006 Record
… clear indicator that tax collections, especially from business taxes, will erode in 2008.” DiNapoli noted that … individual and by firm, ranging from hundreds of dollars for clerical and support staff to tens of millions of dollars … mortgage-related businesses, but higher for employees in areas that showed strong performance in 2007, such as mergers …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: Wall Street Bonuses Fell 44% in 2008
… industry, according to an estimate released today by State Comptroller Thomas P. DiNapoli. DiNapoli noted that the … pool will ripple through the regional economy and the state and the city will lose major tax revenues,” DiNapoli … $1 billion in personal income tax revenues for New York State and another $275 million for New York City. Before the …
https://www.osc.ny.gov/press/releases/2009/01/dinapoli-wall-street-bonuses-fell-44-2008New York State Comptroller Thomas P. DiNapoli Statement on Federal Tax Reform
… "The Republican tax bill moving forward in Congress remains a bad deal for New York. … The Republican tax bill moving forward in Congress remains a bad deal for New York …
https://www.osc.ny.gov/press/releases/2017/12/new-york-state-comptroller-thomas-p-dinapoli-statement-federal-tax-reform-0East Meadow Union Free School – Overtime (2022M-118)
… District (District) officials properly approved, monitored and controlled the Facilities and Operations Department (Department) overtime. Key Findings … District officials did not properly approve, monitor and control overtime worked by Department employees. The …
https://www.osc.ny.gov/local-government/audits/school-district/2023/02/24/east-meadow-union-free-school-overtime-2022m-118DiNapoli: Local Sales Tax Collections Grew 5.1% in November
… what each municipality is due. In the third month of each calendar year quarter, these distributions are adjusted … reported sales by vendors. The next quarterly numbers (for October to December) will be available in January. Table …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-sales-tax-collections-grew-5-point-1-percent-in-novemberVillage of Tannersville – Water Department Operations (2016M-417)
… is located in the Town of Hunter in Greene County and has a population of approximately 700. The Village is governed by a Board of Trustees and a Mayor, who also comprise the Board of Water … budgeted appropriations for the general fund were $639,362 and water fund were $410,550. Key Findings Village officials …
https://www.osc.ny.gov/local-government/audits/village/2017/05/05/village-tannersville-water-department-operations-2016m-417State Agencies Bulletin No. 1972
… maximum contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2022: … An additional deferment is available to employees age 50 and over remains unchanged at $6,500.00. Employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1972-deferred-compensation-maximum-contribution-limits-calendar-year-2022State Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget
… of the pandemic and the long road back to normal. Today, in releasing its preliminary 2022 budget, the city took … drop. We have not seen property tax collections decline in more than 20 years and never at these levels. … city’s largest and most stable resource, but weaknesses in the real estate market could impact this revenue for years …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budgetState Agencies Bulletin No. 1877
… Purpose The purpose of this bulletin is to notify agencies of the following maximum contribution … the same at $19,500.00. An additional deferment available to employees age 50 and over remains unchanged at $6,500.00. Employees in this age bracket can defer up to $6,500.00 in addition to their regular contribution. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1877-deferred-compensation-maximum-contribution-limits-calendar-year-2021