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DiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… last year and $315.7 million below projections, according to the state cash report issued today by State Comptroller … anticipation of federal tax changes has contributed to the decline. Offsetting that, business tax collections are … percent from a year earlier. The drop was primarily due to the personal income tax (down $1.5 billion or 11.6 …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… last three years, averaging only 1.3 percent, according to a report issued today by State Comptroller Thomas P. … focusing greater attention on the issues that contribute to the financial pressures on local governments and school … this combination of factors has forced school districts to tighten their belts, too many high-need school districts …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… programs of the South Beach Psychiatric Center in Staten Island. It contracts with OMH to provide janitorial services …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesNYC Budget Is Balanced but Risks Are Growing
… federal budget cuts and slower economic growth, according to a report released today by New York State Comptroller … job growth, record tourism and rising wages have helped to bolster New York City’s coffers,” DiNapoli said. “Still, … are risks on the horizon, and Mayor de Blasio’s efforts to find additional savings in the budget are prudent.” The …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… cash withdrawals at ATMs in the Del Lago Resort & Casino and the Turning Stone Resort Casino. She also wrote checks to herself from the fire …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
New sources of recurring revenue in the states final budget and other aid including expected revenue from congestion pricing give the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its operations and stabilize its future finances
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… between a public agency and a private sector entity that result in greater private sector participation in the …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedOpinion 92-46
… that bidding statutes may not be avoided by artificially breaking up contracts into lesser agreements for sums below …
https://www.osc.ny.gov/legal-opinions/opinion-92-46Former Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted
… of government funds which carries a maximum penalty of one year in prison and a $100,000 fine. Assistant U.S. Attorney … Program, October 1, 2013 for the duration of the school year. The salary associated with this appointment was $23 an …
https://www.osc.ny.gov/press/releases/2017/12/former-head-niagara-falls-housing-authority-pleads-guilty-stealing-government-funds-son-and-daughterOpinion 92-33
… appropriation may be increased to an amount of not more than $10,000 by resolution subject to permissive referendum … appropriation may be increased to an amount of not more than $10,000 by resolution subject to permissive referendum, … or district therein involving an expenditure of more than $20,000, and all purchase contracts of a political …
https://www.osc.ny.gov/legal-opinions/opinion-92-33DiNapoli: LIRR On-Time Performance Falls Short
… Manhattan to Long Island." In 2016, the LIRR carried 89.3 million riders, the most since 1949. A total of 247,000 … trains were late, including 6,170 that were more than 10 minutes late (3,254 were more than 15 minutes late); A … Yorkers. Read the report , or go to: http://www.osc.state.ny.us/osdc/rpt1-2018-lirr-performance.pdf For access to state …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortDiNapoli Releases Analysis of State Financial Plan
… stability for the next five years and includes plans to bolster rainy day reserves significantly, according to a report by State Comptroller Thomas P. DiNapoli. However, … position is currently stable, providing an opportunity to build reserves that should not be lost,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… their choice will receive meals valued at $19 per plate. Result - All costs associated with the awards and the award … $50 gift certificate from the M/C non-cash award program. Result – The cost of the award is allowable since gift … program. All three awards were qualified program awards. Result – The cost of the awards are allowable; however, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: New York City's Budget Outlook Improves
… social services remain uncertain in the future, according to State Comptroller Thomas P. DiNapoli’s analysis of the … budget gaps are still large and tough choices remain ahead to fund essential education programs and social services,” … influx of asylum seekers and needs the federal government to take steps to provide funding and address comprehensive …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) … the MTA faced a $600 million budget shortfall for the year with gaps of more than $1 billion in 2024 that could … the MTA has balanced budgets throughout its five-year financial plan through 2027. MTA projects its overall …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… incomes below $35,000 experienced a cost burden, while 16% of households with income greater than $75,000 were … of homeless grew by more than 39% in the most recent year, due in part to the influx of asylum seekers in New York …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: NYC Financial Plan Improved From June
… New York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4 billion … also took steps to manage expenses in the current fiscal year, adding just $205 million in new needs and implementing … anticipates setting aside a surplus of $705 million this year to use for prepayments of liabilities in FY 2024. The …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneComptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… school districts reviewed were: Altmar-Parish-Williamstown Central School District, Indian River Central School District, Lowville Academy and Central School … are included in the final report: http://www.osc.state.ny.us/localgov/audits/swr/2014/accesscontrols/global.pdf ### …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesPension Fund Makes Progress on Board Diversity
… response to a shareholder proposal filed by the Fund. As a result of the agreement, the Fund has withdrawn the proposal. …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, … indicated that they will seek an override of the tax cap. Last year, 3.5 percent, indicated plans to override the …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-cap