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DiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… The Bronx is setting records for population, business and job growth, according to an economic report released today by New York State Comptroller Thomas P. DiNapoli. "The Bronx has made great progress and has come a long way," … The Bronx is setting records for population business and job …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… the following statement today after the United State Supreme Court ruled on the Janus v. American Federation of … State, County and Municipal Employees case . "Today's U.S. Supreme Court decision overriding 40 years of legal precedent … the following statement today after the United State Supreme Court ruled on the Janus v American Federation of …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… led all areas of the state with an average student loan borrower balance of $44,500, followed by the Lower Hudson … $23,500. The Bronx, with a $27,600 average student loan borrower balance, was the only downstate area below $30,000. …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… The state Department of Health (DOH) failed to collect nearly $120 million in … prescription drug makers for the Medicaid program because of ineffective policies and processes, according to an audit … York State Comptroller Thomas P. DiNapoli. “The Department of Health can do more to maximize rebate collections from …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesChanges 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 … that could be used to narrow the budget gaps if not needed for other purposes. The city’s financial plan has a general … and leisure and hospitality sectors, which have accounted for 60 percent of the gains. Job growth, though slowing, is …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made … in the last five years, the program has helped generate jobs and private sector investment in New York. Since its … and used in 93 countries. The company is headquartered in East Greenbush, New York and has offices in Chicago, Los …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New … In-State Private Equity Program delivers positive results for the Fund and for our local communities,” said DiNapoli. “The program has … an approximated 21 percent internal rate of return for the New York State Common Retirement Fund New York State …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… money to fund his lavish lifestyle of world traveling and gambling,” DiNapoli said. “This conviction sends a strong … for working over 24 hours a day on a few occasions. This is the latest example of the ongoing collaboration between …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… "When Wall Street does well, the city and state benefit from higher tax revenues," DiNapoli said. "The large increase … cash bonuses for the current year and bonuses deferred from prior years that have been cashed in. The estimate does … billion. The growth in the bonus pool likely benefitted from changes in the federal tax code that eliminates the …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… a surplus of $439 million in the 2017 fiscal year, which is likely to grow as the year progresses even though job … State Comptroller Thomas P. DiNapoli. "The city’s economy is strong, but job growth and tax collections in the near … which helped generate the surplus in FY 2017. The program is projected to save a total of $1.7 billion over four years. …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… 18 percent of all private sector employment in the state. “Nonprofits take care of New Yorkers, whether it is providing … most recent Bureau of Labor Statistics data made available for the first time earlier this year. Nonprofit groups in New … organizations grew by 2 percent in New York state on an average annual basis versus nearly 3 percent nationwide. “The …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: 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-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… savings for the program. On rebates alone, over the past decade, his audits have identified over $1.6 billion in …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: 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 … Local government sales tax collections in New York state totaled $221 billion in calendar year 2022 up …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… balance was $9.6 billion, primarily reflecting receipt of settlement money the state has largely committed for various … year-end projections. At the same time, the use of some settlement resources for ongoing spending and to boost the … or restitutions from 22 entities. The planned use of these settlement resources has evolved over time. The SFY 2015-16 …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… via direct deposit into a bank account jointly held with his daughter, Alayne Bertolino, now a resident of Georgia. … Georgia on Jan. 24, 2014, at the age of 69. His daughter did not notify the state retirement system of his death. In fact, DiNapoli’s office received a change of address form for …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider
… to fund his opulent lifestyle of globe-trotting and gambling. This plea sends a strong message to others who … casinos, and patronized high-end clothing stores. This is the second federal guilty plea secured by U.S. Attorney …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-providerDiNapoli: 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 than 68% over the … largest increase among selected major metropolitan areas in the U.S., according to a new report from New York State … Housing costs in New York City and the surrounding suburbs have grown more …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… and investing. They become better equipped and informed to make important financial decisions in the future that … learn age-appropriate topics about money; its value; how to save, invest and spend; and how to budget as the … the course’s standards provided “vital life skills that apply to all students regardless of gender, race, or …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… and attaining restitution for workers while allowing infractions to continue, according to an audit released today … “Labor law violations, such as wage theft, minimum wage infractions and child labor offenses, are a significant … and attaining restitution for workers while allowing infractions to continue …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nyc