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New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … troubling context: New York State’s workforce declined by nearly 363,000 last month, a 2.3 percentage point drop … counties recorded increases in Temporary Assistance child recipients, 16 had increases in Safety Net Assistance …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… and trading income. Firms’ income from underwriting rose by more than one-third in the first half of 2020 over …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… Unemployment Benefits Remain a Financial Lifeline–But for How Long? Unemployment benefits have provided urgently needed … previously reported in July , August , and September on how small businesses in New York State have been impacted. … for months to come, than most other states. Asked how the business has been affected overall by the coronavirus …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… Degree, Scheme to Defraud in the First Degree and related false filing charges, related to his diversion of federal and …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… Thomas P. DiNapoli, Attorney General Letitia James and New York City Department of Investigation Commissioner … . "Thanks to our partnership with Attorney General James and the New York City Department of Investigation, Ms. Mendez … Degree, a Class A misdemeanor in connection with the case. Gonzalez also pleaded guilty to felony counts of Grand …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeNew York’s Economy and Finances in the COVID-19 Era
… reported, New York’s unemployment rate has soared upward in recent months, with May's 14.5 percent nearly four times … during the week of June 18 through June 23 New York Business Conditions and Expectations When Will Things Return … 2019 Financial Condition Report Subscribe for Latest News and Updates … In the wake of COVID19 more than half of …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… New York City now projects a surplus of $550 million in … the year, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “New York City’s …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… calculated, adequately documented, and allowable under the State Education Department’s (SED) guidelines, including the …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… before Orange County Court Judge Craig Stephen Brown, to Grand Larceny in the Third Degree and Tampering with … 18, 2020. Roy agreed that on or before that date she will pay $21,296.25 in restitution to the Town of Crawford. … in helping ensure that abuse of public resources will not be tolerated." “Public service is a sacred trust and …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… NY– the Executive’s program for pursuing energy efficiency in certain New York State government buildings while … in smart buildings, protecting the environment and public health by reducing the emissions of greenhouse gases and other …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… Women’s Shelter on Oct. 11, 2017, more than a year later. 3 clients were not placed in the reported shelter on the date … to provide 14 months’ worth of these reports, including 10 months for Brooklyn. In response to the findings, DHS said … full response is in the audit: https://www.osc.state.ny.us/audits/allaudits/093020/sga-2020-18s59.pdf Find out how …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… “This case represents yet another in a recent sad epidemic of public trust violations,” Steuben County District Attorney … use without consequences. With the cooperative efforts of village officials, the New York State Comptroller, the New … village will see restitution and the defendant the inside of a jail cell, making clear that this type of behavior will …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… will prosecute this case and any others like it to the full extent of the law. It's essential for residents of this …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… institutions; Extends the 8.82 percent personal income tax rate for high-income taxpayers for two years with projected …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… tax receipts met or exceeded 2019 pre-pandemic levels for the same period. Some of the regions with the strongest … and the Capital District (15.4%). Sales tax receipts for New York City totaled $2.1 billion in the third quarter, … retail trade report shows strong year-over-year growth for the third quarter, especially in sectors such as gas …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… poses investment risks, it also creates opportunities for the state pension fund to invest in the companies and funds that are best positioned for the low-carbon future,” DiNapoli said. “The commitments … in climate investing and to strengthen our portfolio for the long-term.” The Fund committed approximately $300 …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNew York’s Economy and Finances in the COVID-19 Era
New Yorkers average student loan balance rose by 39 percent from the previous year to $37600 as of June 2020 according to newly available data from the Federal Reserve Bank of New York
https://www.osc.ny.gov/reports/covid-19-january-21-2021DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… billion due by March 31. February Cash Report Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… Thomas P. DiNapoli. “The PPP was meant to be a lifeline for struggling small businesses, but it has proven difficult … businesses and the additional funding is a welcome shot in the arm. Lawmakers and administrators should keep … businesses that could be used to cover payroll costs, rent and utilities. The maximum amount borrowers can request …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingNew York’s Economy and Finances in the COVID-19 Era
… report noted that federal funds are being used to pay for operating expenses typically covered by the General …
https://www.osc.ny.gov/reports/covid-19-february-3-2021