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DiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies

… over a 33-month period from prescription drug makers for the Medicaid program because of ineffective policies and … Rebate Program to reduce state and federal expenditures for Medicaid prescription costs. Since January 1991, New York … to ensure the state received all the rebates it could for drugs dispensed to individuals enrolled in managed care, …

https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companies

Changes in Federal Policies Pose Significant Risks for New York City's Budget

… Projected budget gaps for New York City in the coming years appear manageable, but … Projected budget gaps for New York City in the coming years appear manageable but …

https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budget

DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund

… from its investment in Autotask, an IT company located near Albany, according to New York State Comptroller Thomas … from its investment in Autotask an IT company located near Albany according to New York State Comptroller Thomas P …

https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fund

DiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund

… direct sales company in the world by Direct Selling News. For more information on the program, visit: …

https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fund

DiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000

… to federal fraud charges earlier this year, as a result of a joint investigation by New York State Comptroller Thomas … to a year and one day in prison and ordered to pay a total of $721,112 in restitution and criminal forfeiture. “Joseph … for cancer and used the money to fund his lavish lifestyle of world traveling and gambling,” DiNapoli said. “This …

https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000

NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017

… rose dramatically in 2017 for the second consecutive year and the average bonus paid to industry employees in New York City jumped 17 percent to reach $184,220 according to an estimate released today by New York State Comptroller … rose dramatically in 2017 for the second consecutive year and the average bonus paid to industry employees in New …

https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017

DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections

… million in the 2017 fiscal year, which is likely to grow as the year progresses even though job growth and tax collections are slowing, according to a … and tax collections in the near future are unlikely to be as robust as they have been in recent years," DiNapoli said. …

https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collections

DiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations

… York state ranked first nationwide in nonprofit jobs and organizations, with nearly 1.3 million employees and more than 31,000 organizations in 2012, according to a report released today … focuses on private nonprofits classified as charitable organizations – or 501(c)(3)s under the Internal Revenue Code …

https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizations

DiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion

… in 2021, a 10.4%, or $11.9 billion, increase compared to 2020, according to a report released today by State Comptroller Thomas P. … IDAs provide can impact local taxes so it’s important to ensure these projects are creating or retaining the jobs … billion in 2021 a 104 or $119 billion increase compared to 2020 according to a report released today by State …

https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billion

DiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates

… The state Department of Health can do more to control costs and save taxpayers money by making sure it gets the drug rebates that it is entitled to under federal … shows that it can certainly do a lot more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower …

https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebates

DiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022

… Local government sales tax collections in New York state totaled $22.1 billion … 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a … Thomas P. DiNapoli. “The pandemic created significant sales tax volatility over the past few years, first with a …

https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022

DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year

… Tax collections through the first half of the state fiscal year (SFY) fell $1.3 billion (3.5 percent) to … a year ago as personal income tax (PIT) receipts, the state’s largest source of revenue, lagged expectations, … and monetary settlements released today by New York State Comptroller Thomas P. DiNapoli. The state’s General …

https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-year

DiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments

… allegedly stealing more than $240,000 in New York state pension payments made to her deceased father over a 4 ½-year … full restitution and continue to steadfastly guard the pension system from fraud.” “As not only a law enforcement … “Ms. Bertolino knowingly defrauded the New York State pension system by using her deceased father’s pension to …

https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-payments

DiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider

… New York State Comptroller Thomas P. DiNapoli today issued a statement on the guilty plea in U.S. District Court by … Junkovic shamelessly diverted $360,556 earmarked for cancer screening support to fund his opulent lifestyle of … bring Mr. Junkovic to justice, and I will continue to work with United States Attorneys and prosecutors statewide to …

https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-provider

DiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities

… Housing costs in New York City and the surrounding suburbs have grown more … largest increase among selected major metropolitan areas in the U.S., according to a new report from New York State Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the surrounding suburbs have risen …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-cities

DiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools

… is below: We should be teaching financial literacy in NY's high schools Financial literacy should be taught in all New … think are important for all students to have by the end of high school?” One of the most frequent responses was, “Financial …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schools

DiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC

… such as wage theft, minimum wage infractions and child labor offenses, are a significant problem both … New York’s DOL reported a sharp increase – of 68% – in child labor law violations in the state in 2022 compared with … in the targeted one-year time frame for 80% of the 1,155 cases auditors checked. For 225 cases, the …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nyc

DiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools

… have already incorporated financial education into the school curriculum, with some starting lessons as early as … require students take a personal finance class to graduate high school. New York should get with the program. I issued … Blue Ribbon Commission charged with examining the state’s high school graduation measures. Recommendations from the …

https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schools