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New York’s Economy and Finances in the COVID-19 Era
… count hit an all-time high of more than 9.8 million in February, reflecting net gains of nearly 2 million jobs … a body blow to the State’s economy, with combined losses in March and April wiping out 24 years of job growth, as shown in the chart below. The April decline of more than 1.9 …
https://www.osc.ny.gov/reports/covid-19-august-19-2020New York’s Economy and Finances in the COVID-19 Era
… to Experience Economic Hardships After six consecutive weeks of the U.S. Census Bureau’s revised Small Business … York are consistently reflecting economic hardship, and in many cases at levels exceeding the national average. The one … question asked at the beginning of the survey pertains to how the business has been affected overall by the COVID-19 …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… 15 to July 15. Additional Resources COVID-19 Financial Survival Toolkit Cash Basis Reports Report on the State …
https://www.osc.ny.gov/reports/covid-19-july-9-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New … 9.7 percent in September, marking the first time the rate has been below 10 percent since the beginning of the COVID-19 … declined by 302,000. In short, the unemployment rate went down in large part because of the decline in New Yorkers …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… of 2020, an 82 percent increase over the same period last year, according to State Comptroller Thomas P. DiNapoli’s … more than the $82,938 average salary for the rest of the private sector in the city in 2019. As an illustration of the … of the Budget has projected a decline in finance and insurance bonuses of 28 percent as part of the state’s first …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… quarter (January-March) of 2024, an increase of 1.6%, or $87.3 million, compared to the same quarter last year, the … Thomas P. DiNapoli. This growth was largely driven by New York City, with several upstate regions experiencing a …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… than $10.5 billion in new state debt and allows billions of dollars in lump sum spending with minimal disclosure, … tuition costs at the State University of New York and the City University of New York for certain full-time students, … performance outcomes, and requires DED to annually post online a report on all economic development assistance …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Grew by 14% in October
… sales tax collections in New York state increased by 14.1% in October compared to the same month in 2021, according … said. “However, as inflation continues to increase costs for many municipalities, it is important that local officials … reported sales by vendors. The next quarterly numbers (for October-December) will be available in January. Table …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… collections totaled $776 million, an increase of 19.5% — or $127 million — over July of 2021. A majority of counties … year quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyThe Condition of Locally Owned Bridges in New York State
… the report, The Condition of Locally Owned Bridges in New York State . The map allows viewers to explore data about bridges in New York by owner type and bridge condition. Selecting a county reveals details about the bridges in that location. All data comes from the Federal Highway …
https://www.osc.ny.gov/local-government/condition-locally-owned-bridges-new-york-stateDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… collections totaled $5.83 billion in the second calendar quarter (April-June) of 2024, an increase of 2.2%, or $127 million, compared to the same quarter last year, according to a report released today by … consumption and inflation cooled through the second quarter,” DiNapoli said. “New York City was again the largest …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarterNew York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions … these payments will be made remains uncertain. The federal CARES Act provided $5.1 billion to New York State through the …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli: New York Sees Improvement in Condition of Local Bridges
… One in 10 locally owned bridges in New York state is rated in poor condition, according to a report released today by …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: Local Sales Tax Collections Up 1.4% in Third Quarter
… government sales tax collections totaled $5.98 billion in the third calendar quarter (July-September) of 2024, an … Comptroller Thomas P. DiNapoli. Eight of the 10 regions in the state, including New York City, saw collections rise. … tax collections are growing more slowly than they were in the pre-pandemic period,” DiNapoli said. “Given this lower …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-local-sales-tax-collections-up-1-point-4-percent-third-quarterDiNapoli Report Examines Broadband Availability, Access and Affordability in NYC
… cable, fiberoptic (FTTP) or digital subscriber line (DSL) internet subscription as of 2023, with the Bronx having the … broadband service among the five boroughs as of 2024. Out of 18 city neighborhoods with the highest share of … There may also have been a decline in demand for broadband services from businesses and community groups that provided …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-report-examines-broadband-availability-access-and-affordability-nycTransparency and Accountability of Fiscal Activities in Villages (2024-MS-2)
… Summary New York State (NYS) has 532 villages ranging in size from fewer than 50 residents with a budget of … annual budget to provide those services. Village officials in NYS should be transparent and accountable, by making … that do not file their required AFR has grown from six in 2019 to 76 in 2023, a concerning trend. We reviewed 2 the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/transparency-and-accountability-fiscal-activities-villages-2024-ms-2The Concerning Growth of Hate Crime in New York State
… Introduction New York State has seen a concerning surge in reported hate crimes over the last five years, with the number of incidents increasing by 12.7 percent in 2023 alone. As the number of hate crimes has grown, these … faith and political leaders willing to take an active role in denouncing hate, investing in reporting, prevention and …
https://www.osc.ny.gov/reports/concerning-growth-hate-crime-new-york-stateNew Yorkers in Need: Food Insecurity and Nutritional Assistance Programs
… by the federal Supplemental Nutrition Assistance Program (SNAP) and other efforts, the rate of food insecurity in New … State Comptroller Executive Summary The U.S. Department of Agriculture (USDA) defines food insecurity as inability at … enrolled in the Supplemental Nutrition Assistance Program (SNAP), the nation’s largest domestic food and nutrition …
https://www.osc.ny.gov/reports/new-yorkers-need-food-insecurity-and-nutritional-assistance-programsIX.4 Establish & Maintain Federal Grants in SFS for Onboarding Agencies – IX. Federal Grants
… through ESA within the Statewide Financial System (SFS). In order to establish a grant in the SFS, there is certain mandatory information that … the contract approval process. Establishing a grant in the SFS requires the use of three integrated modules: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix4-establish-maintain-federal-grants-sfs-onboarding-agenciesDiNapoli: State Tax Receipts Higher Than Projections in First Quarter
… were also $3.3 billion higher than the first quarter of 2024, according to the monthly State Cash Report released by … taxes, increased by $34.1 million, or 1.7% in the month of June. Business taxes, which included collections from the … totaled $7.5 billion, $176 million higher than through June in the prior fiscal year, and $558.2 million higher than …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-tax-receipts-higher-projections-first-quarter