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DiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the MTA’s budget through 2026 — and federal approval for congestion pricing — are positive signs that the MTA can … whether it comes back to riders, toll payers and taxpayers for more assistance down the road. Key Findings: MTA’s … 2025 before declining slightly. However, after adjusting for recent MTA and state actions, DiNapoli’s office projects …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsComptroller DiNapoli and A.G. Schneiderman Announce Guilty Plea by Former Met Council CFO in $9M Kickback Scheme
… $9 million from the taxpayer-funded nonprofit organization in a 20-year grand larceny and kickback scheme. Friedman … Rapfogel and Joseph Ross, previously pleaded guilty in the case. Further information on the case is available … thank Comptroller DiNapoli for his continued partnership in efforts to root out public corruption and ensure that …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-plea-former-met-council-cfo-9m-kickbackDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionOpinion 90-24
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Powers and … shall be vested with the powers and duties prescribed in sections 57.00, 58.00, 59.00, 60.00, 62.00 and 63.00 of … of such powers and duties to the chief fiscal officer or, in the case of school districts, to the clerk of the school …
https://www.osc.ny.gov/legal-opinions/opinion-90-24DiNapoli: Youth in NYC Face Double Digit Unemployment Rate
… Despite significant improvement in 2023, the city’s youth unemployment rate was higher than the national rate. Black, Hispanic, and Asian youth, especially males, continued to face even higher … from January to March 2025. Self-employment among the youth labor force increased dramatically, by 2.5 times …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-youth-nyc-face-double-digit-unemployment-rateUnified Court System Bulletin No. UCS-269
… Employees Employees of the NYS Unified Court System (UCS) in Negotiating Units SY, SR, S9, DR, F8, G9, 86 and 87 who … Be in an eligible title (refer to the OCA memorandum for a list of eligible titles); and Have a Payroll Status of … automatic processing, agencies must review and approve the list of potentially eligible employees and make any necessary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-269-december-2018-uniform-and-equipment-uniform-allowance-andUnified Court System Bulletin No. UCS-278
… Employees Employees of the NYS Unified Court System (UCS) in Negotiating Units SY, SR, S9, DR, F8, G9, 86 and 87 who … Be in an eligible title (refer to the OCA memorandum for a list of eligible titles); and Have a Payroll Status of … automatic processing, agencies must review and approve the list of potentially eligible employees and make any necessary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-278-june-2019-uniform-and-equipment-uniform-allowance-andDiNapoli: New York Sends More Money to Washington Than It Gets Back
… New York sent an estimated $24.1 billion more in tax payments to … funding for health care and other programs could tip the balance even further," DiNapoli said. "The state relies on … to be treated more fairly in the federal budget." DiNapoli’s report, a follow-up to analyses released in 2015 and 2017, …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-new-york-sends-more-money-washington-it-gets-backUpstate Transportation Authorities Suffer Revenue Plunge
… pre-pandemic levels, the authorities will need additional revenue from other sources to continue to provide services at … For each authority, Figure 3 shows the percentage of revenue by source in the fiscal year that ended March 31, … federal aid helped mitigate pandemic deficits. Loss of Revenue and Ridership Regional transportation authorities …
https://www.osc.ny.gov/reports/upstate-transportation-authorities-suffer-revenue-plungeOpinion 96-6
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST-- Insurance … agency through which town's insurance placed) -- Interest in Contract (arising from general concern with overall … of the insurance agency, would not have an "interest" in the town's insurance contracts. The supervisor, however, …
https://www.osc.ny.gov/legal-opinions/opinion-96-6Fare Revenue Considerations for the Metropolitan Transportation Authority
… and other sources of revenue and how its decisions now will help it respond to filling this new, although more …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterState Agencies Bulletin No. 2131
… employees, agencies must submit the following information on the Additional Pay page using Earnings Code PFR : Earnings … overtime earned from the OT Eff Date through the End Date on the employee’s Additional Pay page for Earnings Code PFR. … of appointment. Therefore, the agency must insert a row on the Additional Pay page at the Effective Date level of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2131-2022-2023-public-employees-federation-pef-firearms-training-and-safetyDiNapoli: Medicaid Audits Find More Than $700 Million in Unnecessary Costs and Overpayments
… program that identified approximately $706.6 million in unnecessary, improper or questionable payments and made … and management controls over the state’s Medicaid program. In recent years, my auditors have identified billions of dollars in waste in the program. Our oversight of the program will …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-medicaid-audits-find-more-700-million-unnecessary-costs-and-overpaymentsReview of the Enacted Budget: State Fiscal Year 2021-22
… by President Joseph Biden in March, will provide $12.6 billion in direct fiscal relief to New York State, in … including a three-year increase to corporate franchise tax rates and a seven-year increase to personal income tax rates … the most recent, the American Rescue Plan, providing $12.6 billion in fiscal relief to New York State, and additional …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22DiNapoli: DOH Needs to Improve Drug Rebate Collections
… The state Department of Health (DOH) did not collect an … by State Comptroller Thomas P. DiNapoli. As a result of the findings, DOH invoiced $9.3 million of rebates by the end …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-doh-needs-improve-drug-rebate-collectionsDiNapoli: Wall Street's 2024 First Half Profits of $23.2B Were 79.3% Higher Than Last Year
… $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period … spurred by interest income on transactions, due to federal fund rate increases. The gains were offset, however, by … most since 2000. In recent years, employment has lagged changes in profits, with jobs actually declining 1.7% over …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-wall-streets-2024-first-half-profits-232b-were-793-higher-last-yearThe Economic Impact of the Great Outdoors
… gardening or stargazing. All types of outdoor recreation in New York provided $21.1 billion in economic activity in 2020 and supported over 241,000 jobs with $13.1 billion in …
https://www.osc.ny.gov/reports/economic-impact-great-outdoorsDiNapoli: Oversight of Supportive Housing Falls Short
… ultimate goal is to ensure clients get permanent housing. In many cases, OMH hires outside contractors to provide and … provides housing and services for up to 725 clients in apartments in Brooklyn, the Bronx, Queens and Manhattan. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-oversight-supportive-housing-falls-shortDiNapoli: Positive Fiscal Outlook for Plattsburgh
… example, from 2002-2012 revenues grew at annual rate of 2.6 percent, while expenditure growth averaged just 2.1 … peaked at $5.2 million in 2010, but has been tapped in recent years and stood at $1.9 million in 2012. DiNapoli’s … highlighted a number of negative trends facing the city, most notably socioeconomic issues. For example, the median …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-positive-fiscal-outlook-plattsburgh