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DiNapoli Audit: Next In Line For Mitchell-Lama Apartments Were Skipped
… Applicants who were next in line for coveted Mitchell-Lama apartments were skipped … three developments: Cadman Towers, a 421-unit co-op in Brooklyn; Trinity House, a 199-unit rental building on … Side; and Washington Square Southeast, a 174-unit co-op in Greenwich Village. Next in Line for an Apartment, Skipped …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-audit-next-line-mitchell-lama-apartments-were-skippedDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… made by the New York State Common Retirement Fund’s (Fund) In-State Private Equity Program. The Fund recently invested in Ambrell through the Hamilton Lane’s Hudson River Co-Investment Fund. “The In-State Private Equity Program helps companies thrive in New …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundTransparency 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-2School Districts – Lead in Water: Testing and Reporting (2025-MS-2)
… York State (NYS) Department of Health’s (DOH) Lead Testing in School Drinking Water Guidance Manual (DOH guidance), we … all required potable water outlets for lead contamination in Cycle Two, Only one developed and maintained a complete … plan, Only one had a complete remedial action plan in place, and Just one reported testing results to all …
https://www.osc.ny.gov/local-government/audits/school-district/2025/12/31/school-districts-lead-water-testing-and-reporting-2025-ms-2DiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… creates opportunities for the state pension fund to invest in the companies and funds that are best positioned for the … we announced today aim to take advantage of the growth in climate investing and to strengthen our portfolio for the … a European investment fund that will focus on investments in renewable assets including onshore and offshore wind and …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April to June 2021) compared to the … the increase largely reflects extremely weak collections in the April to June period of 2020. However, even compared … Sales tax revenue for local governments in New York state rose by 492 in the second quarter April to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… Comptroller Thomas P. DiNapoli today announced reductions in employer contribution rates to the New York State and … rates will impact payments next State Fiscal Year 2022-23. In addition, DiNapoli lowered the long-term assumed rate of … and best-funded,” DiNapoli said. “While the reduction in employer contribution rates is welcome news for taxpayers, …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… Local sales tax collections totaled $5.2 billion in the third quarter (July-September of 2021), up $861 … impact growth.” Statewide, every region saw solid growth in sales tax collections during the third quarter compared to … City, the July-September period marked the fifth quarter in a row that county and city sales tax receipts met or …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Local Sales Tax Collections Up Nearly 16% in April
… Local government sales tax collections grew by 15.7% in April compared to the same month in 2021, according to an analysis released today by State … April of last year. “While local sales tax collections in April were strong throughout most of the state, the … Local government sales tax collections grew by 157 in April compared to the same month in 2021 according to an …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-local-sales-tax-collections-nearly-16-percent-aprilDiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… Local sales tax collections in New York state increased by 11.9% in July compared to the same month in 2021, according to an analysis released today by State … Local sales tax collections in New York state increased by 119 in July compared to the same month in 2021 according to an …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyDiNapoli: 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 … One in 10 locally owned bridges in New York state …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… the subway homeless population, the homeless situation in the subways has grown significantly worse, in part because the city’s Department of Homeless Services … State Comptroller Thomas P. DiNapoli. “Homeless outreach in the subway has been so shoddy and with so little oversight …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationDiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to … billion for counties and cities, or $111 million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustDiNapoli: Wall St. Profits Soared in First Half of 2020
… industry saw its pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over … money, plummeting interest rates and rising volume in trading drove profits dramatically upward to a level hard to imagine in March,” DiNapoli said. “Wall Street’s successful first …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… businesses and the additional funding is a welcome shot in the arm. Lawmakers and administrators should keep … Washington allocated a total of $953 billion for the PPP in three rounds of funding in March ($349 billion), April ($320 billion) and December …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… tax levy growth will be limited to 2% for a third time in four years for local governments with calendar fiscal … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In 2021, the allowable levy growth was 1.56%. The Office of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022DiNapoli: Local Sales Tax Collections Grew by 14% in October
… Local sales tax collections in New York state increased by 14.1% in October compared to the same month in 2021, according to an analysis released today by State … Local sales tax collections in New York state increased by 141 in October compared to the same month in 2021 according to an …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November
… Local sales tax collections in New York state increased by 8.8% in November compared to the same month in 2021, according to an analysis released today by State … Local sales tax collections in New York state increased by 88 in November compared to the same month in 2021 according to …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-local-sales-tax-collections-grew-nearly-9-percent-novemberDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… 2023-24, $450.8 million higher than estimates released in the Division of the Budget’s (DOB) Enacted Budget … billion lower than last year through the quarter ending in June 2022, according to the monthly State Cash Report … eased and hiring has held up, consumer spending has slowed in recent months and some tax collections are showing signs …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: $90,000 in Full Restitution Paid for Rental Assistance Theft
… was sentenced to five years’ probation for his role in stealing $90,000 in Emergency Rental Assistance Program (ERAP) funds to which … 56, of Paramus, N.J., pleaded guilty to grand larceny in the second degree in February. The two paid a total of …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-90000-full-restitution-paid-rental-assistance-theft