Search
DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… DiNapoli said. “The federal government needs to step up and provide financial help to those hit hard by this …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyDiNapoli: Local Sales Tax Collections Down for Third Quarter 2020
… Sales tax revenue for local governments in New York state dropped 9.5 percent in the third quarter compared … but our local governments are hurting.” New York City’s steep year-over-year decline of nearly 22 percent in sales …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-local-sales-tax-collections-down-third-quarter-2020DiNapoli: Weak Oversight Leads to Tax Breaks for Ineligible Properties
… programs receiving property tax exemptions of up to 80% for which they may be ineligible, according to an audit by … P. DiNapoli. “New York state offers a property tax break for landowners who commit to protect their private forest … submit and follow a DEC-approved forest management plan for their property to promote healthy forests and increase …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-weak-oversight-leads-tax-breaks-ineligible-propertiesDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… of 2021), up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic … the strongest third quarter growth include Mid-Hudson (16.5%), Long Island (16.3%), and the Capital District (15.4%). Sales tax receipts …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… to lag prior year results, tax collections through February were $758.4 million higher than forecast in the most … fiscal year 2021 totaled $75 billion through the end of February. “There is reason to be cautiously optimistic with better-than-forecasted tax revenues from February and the passing of significant additional federal …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… 1.6%, or $87.3 million, compared to the same quarter last year, the lowest rate of growth since the first quarter in … New York City, with several upstate regions experiencing a year-over-year decline for the quarter. “Local sales tax … first calendar quarter JanuaryMarch of 2024 an increase of 16 or $873 million compared to the same quarter last year …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… (DOB) in the most recent financial plan, according to the March State Cash Report released today by New York State … of nearly $3.2 billion in Medicaid provider payments from March to April, including $1.4 billion of state share …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24Town of Sempronius – Real Property Tax Exemptions Administration (2023M-66)
… did not ensure applicants provided documentation required to grant an exemption or maintain the documentation. Of the … million lacked one or more pieces of documentation needed to verify eligibility and the Assessor’s exemption … before granting exemptions, retain documentation to support eligibility and periodically verify that those …
https://www.osc.ny.gov/local-government/audits/town/2023/08/18/town-sempronius-real-property-tax-exemptions-administration-2023m-66DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… State tax receipts totaled $27.6 billion through the first quarter of State Fiscal Year (SFY) 2023-24, $450.8 … the Division of the Budget’s current estimates for the first quarter, but the economy is sending mixed signals that cloud the state’s fiscal …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: 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 …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… DiNapoli said. “However, concerns of an economic downturn and a cloudy revenue picture continue to create uncertainty. … Personal income tax (PIT) receipts totaled $42.1 billion and were $8.1 billion above the latest financial plan … which was $7.8 billion, or 5.5%, higher than last year for the same period. All Funds spending through December was …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… government sales tax collections totaled $5.83 billion in the second calendar quarter (April-June) of 2024, an … all other regions of the state also saw increases. “Growth in local sales tax collections has moderated, as both … to local sales tax growth, and its moderate increase in collections reflects in part a tourism industry that …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarterDiNapoli: 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 … quarter last year, according to a report released today by State Comptroller Thomas P. DiNapoli. Eight of the 10 regions in the state, including New York City, saw collections rise. …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-local-sales-tax-collections-up-1-point-4-percent-third-quarterTown of Gilboa – Real Property Tax Exemptions Administration (2024M-81)
… (Assessor) properly administered select real property tax exemptions. Key Findings The Assessor did not properly … forest land, religious and veteran’s real property tax exemptions. Of the 408 forest land, religious and veteran’s real property tax exemptions granted in 2022 and 2023, we reviewed 154 of …
https://www.osc.ny.gov/local-government/audits/town/2024/09/13/town-gilboa-real-property-tax-exemptions-administration-2024m-81State Agencies Bulletin No. 434
… used by OSC in time entry for employees who are due a tax refund. Affected Employees Employees who are due tax refunds Effective Date Immediately Background OSC … are: TF1 - Federal Tax Refund TF2 - NYS Tax Refund TF3 - NYC Tax Refund TF4 - Yonkers Local Tax Refund TF5 - Social …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/434-new-earnings-codes-tax-refunds-processed-through-payservNew York Youth Jobs Program
… when they hire unemployed, disadvantaged youth aged 16 to 24 who live in New York State, with a focus on 13 … credit to employers. Although as much as $50 million per year has been allocated to the Program in certain years, the …
https://www.osc.ny.gov/state-agencies/audits/2019/01/09/new-york-youth-jobs-programOpinion 88-10
… issues discussed in the opinion. TAXES -- Gross Receipts Tax (liability of municipality for) PUBLIC CONTRACTS -- Modification (addition of amount of gross receipts tax on petroleum products) TAX LAW, §300 et seq .; GENERAL … the amount of the tax to their customers either in the form of a separately listed item or by calculating it as part …
https://www.osc.ny.gov/legal-opinions/opinion-88-10DiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… 15, 25, 34, and 35 percent. For those business owners who pay taxes on their firm's income taxes through the personal …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planDiNapoli: Better Oversight Needed for Youth Jobs Programs
… participating businesses hired only people who qualified for the program and that the tax credits they were given were … meet age, residence and employment criteria to qualify for the New York Youth Jobs Program. They also must be … such as living in public housing or being in foster care. For the period January 2014 to July 2018, DiNapoli’s auditors …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-better-oversight-needed-youth-jobs-programsDiNapoli Releases July State Cash Report
… in July from a year earlier, helping lift the state’s total tax collections slightly above updated projections … easily accessible on his transparency website Open Book New York . … State income tax collections increased $882 million …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-report