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DiNapoli: Tax Cap Remains at Two Percent for 2020
… Thomas P. DiNapoli. This figure affects the tax cap calculations for all counties, towns, fire districts, 44 … remain vigilant when crafting their budgets.” The tax cap, which first applied to local governments in 2012, limits … a provision that allows municipalities to override the tax cap. During the 2014 through 2018 fiscal years, …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-tax-cap-remains-two-percent-2020New York State Comptroller Thomas P. DiNapoli Statement on Fitch Ratings' Upgrade of NYS General Obligation Bonds
… “New York state is in its strongest financial condition in years, and … our well-funded pension plan have made to strengthen the state’s cash position and reduce projected budget gaps.” … New York state is in its strongest financial condition in years and …
https://www.osc.ny.gov/press/releases/2014/06/new-york-state-comptroller-thomas-p-dinapoli-statement-fitch-ratings-upgrade-nys-general-obligationDiNapoli and Rice Halt Pension Scam
… today announced the guilty plea of retired Suffolk County Police Detective Sergeant Terrance Hoffman for taking … illegal pension payments from the New York State and Local Police and Fire Retirement System. “This is an egregious … Findings include: Hoffman retired from the Suffolk County Police Department, then took a job with the college without …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamDiNapoli: Town Clerk Pleads Guilty in Brazen Public Theft
… New York State Comptroller Thomas P. DiNapoli announced the guilty plea of former Bennington Town Clerk Tina Metz in a string of thefts that intensified even after DiNapoli’s … her criminal behavior. Metz, 55, pleaded guilty today in Wyoming County Court to grand larceny in the third degree, …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-town-clerk-pleads-guilty-brazen-public-theftDiNapoli: Wall Street Bonuses Rose Sharply in 2009
… Wall Street bonuses paid to New York City securities industry … In 2008, the industry lost a record $42.6 billion. “Wall Street is vital to New York’s economy, and the dollars … jobs are created elsewhere in the state’s economy. Wall Street accounted for 24 percent of the wages paid to workers …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009DiNapoli: Office Has $14.5 Billion in Unclaimed Funds; Urges New Yorkers to Claim Lost Money
… today announced that his office has over $14.5 billion in unclaimed funds and urged New Yorkers to see if any of it … record for the third consecutive year for the most unclaimed funds returned in one year totaling $452 million. … our website." There are currently more than 35 million unclaimed funds accounts, some dating back to the 1940s. …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-office-has-145-billion-unclaimed-funds-urges-new-yorkers-claim-lost-moneyComptroller DiNapoli & A.G. Schneiderman Announce Arrest of Brooklyn Man for Allegedly Pocketing over $23K in Deceased Mother's Pension Benefits
… with the New York State and Local Retirement System. The case is being handled by Assistant Attorney General Herman … Public Integrity Bureau is led by Bureau Chief Daniel G. Cort. The Attorney General’s investigation was conducted by …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-arrest-brooklyn-man-allegedly-pocketing-over-23kComptroller DiNapoli Releases Municipal Audits
… tax levy limit. City of Lackawanna – Police and Fire Department Work Hours (Erie County) Police department overtime costs and overtime hours have steadily … always accurately maintained. Town of Willing – Justice Court Operations (Allegany County) The prior town justice did …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… The average bonus paid to employees in New York City’s securities … Comptroller Thomas P. DiNapoli’s annual estimate. The bonus pool for the city’s securities employees reached a … Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024Comptroller DiNapoli Releases Municipal Audits
… office completed audits of the Brookhaven Fire District , Fair Haven Volunteer Fire Department , Town of Ira and the … address remote access to the district’s financial system. Fair Haven Volunteer Fire Department – Board Oversight … office completed audits of the Brookhaven Fire District Fair Haven Volunteer Fire Department Town of Ira and the Lake …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… of the Office of Renewable Energy Siting (ORES) found permit applications were often delayed due to missing or … Under current state law, ORES must issue a final siting permit for most projects within one year of a completed … and found 14 took nearly four years to obtain a site permit, with the majority of time being spent on the permit …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysDiNapoli: 16 School Districts Designated in Fiscal Stress
… to the COVID-19 pandemic, the federal government passed three major multiyear grants of aid and New York State … by school districts (excluding New York City and the Big Four) increased from $15.1 billion in SY 2021-22, to … release of scores, which excludes New York City and the “Big Four” City School Districts of Buffalo, Rochester, …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressTreasurer of Mahopac Volunteer Fire Department Charged With Embezzling More Than $5.7 Million and Failing To Report The Income To The IRS
… on charges of wire fraud and subscribing to false tax returns. Manhattan U.S. Attorney Preet Bharara stated: … in Florida, and then failed to report any of it on his tax returns. Public corruption victimizes the public … Agent in Charge Shantelle P. Kitchen said: “Criminal tax investigations are often intertwined with investigations …
https://www.osc.ny.gov/press/releases/2016/06/treasurer-mahopac-volunteer-fire-department-charged-embezzling-more-57-million-and-failing-reportDiNapoli: School District and Big City Tax Levy Cap at 2% for Second Straight Year
… Property tax levy growth for school districts and the state’s biggest cities will be … The tax cap, which first applied to local governments and school districts in 2012, limits annual tax levy increases to … with certain exceptions, including a provision that allows school districts to override the cap with 60% voter approval …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-school-district-and-big-city-tax-levy-cap-2-percent-second-straight-yearIX.10.B Federal Treasury Offset Program (TOP) Background – IX. Federal Grants
… to provide the state's Federal Employer Identification Number (FEIN) (also known as the Taxpayer Identification Number or TIN) when dealing with the federal government. This number is used for billing purposes, grant award … to provide the states Federal Employer Identification Number FEIN also known as the Taxpayer Identification Number …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10b-federal-treasury-offset-program-top-backgroundDiNapoli: NYC Dept. of Buildings Is Not Doing Enough to Improve Construction Site Safety
… of Buildings (DOB) is not doing enough to protect construction workers on building sites, according to an audit released by New York … to make sure violations are corrected to help prevent construction-related accidents, injuries and fatalities. … Department of Buildings DOB is not doing enough to protect construction workers on building sites according to an audit …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-dept-buildings-not-doing-enough-improve-construction-site-safetyXIII.11 Submitting Travel and Expense Reimbursement Requests for Inactive Employees – XIII. Employee Expense Reimbursement
… SECTION OVERVIEW AND POLICIES The purpose of this section is to provide guidance to agencies on submitting Travel and Expense reimbursement requests for inactive employees for expenses that were incurred during … should be removed no later than the employee’s last day of employment. For any questions relating to the lock or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii11-submitting-travel-and-expense-reimbursement-requests-inactive-employeesXVI.3.F Public Benefit Corporations – XVI. Financial Reporting
… events. Three trustees currently appointed from MTA, TA and TBTA govern FMTAC. It was initially funded by a … Grand Central Terminal. New York City Transit Authority (TA) The TA, in cooperation with its subsidiary the Manhattan and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3f-public-benefit-corporationsDiNapoli: Under New Tax Cap Calculation, School District Tax Levy Growth Near Zero
… local governments can rely on available reserve funds to bridge the gap, others may need to take a hard look at … DiNapoli estimates the state’s school districts (excluding New York City and the Big Four city school districts) will … factor was 1.62 percent. Similarly, the 10 cities in New York with fiscal years ending June 30, will have about …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-under-new-tax-cap-calculation-school-district-tax-levy-growth-near-zeroDiNapoli: Sandy Damage Delayed MTA Electronic Security Program Another Three Years
… and over budget post-9/11 security program, according to a progress report released today by State Comptroller Thomas … improvements, the first phase of its capital program is still not finished, more than twelve years after September 11, 2001. The sharp reduction in federal funds for transit security over the past four …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-sandy-damage-delayed-mta-electronic-security-program-another-three-years