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State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Graycliff Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private … has returned nearly $300 million to the state pension fund and supported thousands of jobs across the state,” said … guidance. We view New York State as a region with a great depth and diversity of corporate and entrepreneur-owned …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… New York State Comptroller Thomas P. DiNapoli announced that … for such purposes to return them. The company detailed its new policy in a letter to DiNapoli’s office. As a result of … regarding the use of its products in executions. About the New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executionseBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… Thomas P. DiNapoli and Trillium Asset Management today announced that they have withdrawn the shareholder … New York State Comptroller and Trillium Asset Management today announced that they have withdrawn the shareholder …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… for residents and create economic opportunity for all. Report Review of the Financial Plan of the City of New …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… Federal COVID-19 relief funds distributed during the pandemic … and federal funding provided critical relief when COVID first hit New York. Senate Majority Leader Schumer and … the risk of contracting and having severe cases of COVID-19. Pandemic Tested Operations and Finances At the …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… Officials and employees did not have clear guidance on how the disbursement process worked. Auditors also found …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… Unrestricted state aid for cities, towns and villages has remained flat or declined … York State Comptroller Thomas P. DiNapoli. When adjusted for inflation, unrestricted aid to local governments has … enacted. Because this aid can be used by municipalities for any governmental purpose, it is an important revenue …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… many students in New York, but not enough is being done to make sure they are getting the information and support … the problem are available and prioritize mental health instruction and outreach among school districts so students … and, during the pandemic, gave school districts further instruction about the importance of checking on students’ …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schoolsDiNapoli: SUNY Campuses Need to Focus on Tuition Paid by Out-Of-State Graduate Students
… in-state tuition and maintain their documentation. In its response, SUNY disagreed with some of the findings. … determinations and documentation requirements and that, in response to the audit’s preliminary findings, they are taking … determination and record retention policies. The full response is available in the audit. Report Determination of …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-suny-campuses-need-focus-tuition-paid-out-state-graduate-studentsDiNapoli: Lagging Ridership Leaves MTA With Hard Choices, Must Adjust to Changing Demand
… improve service even as it looks for savings. For example, weekend subway ridership in June was at 69% of 2019 levels, …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-lagging-ridership-leaves-mta-hard-choices-must-adjust-changing-demandDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… to NYCEM include: Comply with the HMP Maintenance Protocol and the HMP, including gathering supporting …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… $1.89 billion, up $159 million compared to the same time last year. “As we head into a new year, local sales tax … reflects reported sales by vendors. The next quarterly numbers (for January to March) will be available in April. …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-yearDiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… to act on our recommendations.” OCFS oversees the state’s child welfare system and is responsible for supervising and coordinating child welfare services, which are administered by 58 local … alternative to foster care is direct placement, where a child is placed in the direct custody of a relative or …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansDiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19
… the federal government to do more to help state and local governments hit hard by the coronavirus. The full op-ed is below: State, local governments can slide into fiscal black hole We are all … the federal government to do more to help state and local governments hit hard by the coronavirus …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-op-ed-newsday-urges-washington-help-governments-hurt-covid-19DiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… Recent unemployment claims suggest that most of New York City’s job gains over the past decade have been lost … percent in 2020, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Tax … fiscal year for the first time since the Great Recession. “New York City has been the epicenter of the novel coronavirus …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: Improvements at NYS Parks Needed to Remove Barriers for People With Disabilities
… oversees more than 250 parks and historic sites and works to ensure compliance with the Americans with … others offered unique amenities. For example, Midway State Park offered a wheelchair accessible playground, and Letchworth State Park had an Autism Nature Trail, featuring sensory stations …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-improvements-nys-parks-needed-remove-barriers-people-disabilitiesDiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
… in New York state increased by 2.5% in October compared to the same month in 2022, according to an analysis released … totaled nearly $1.8 billion, up $43.5 million compared to the same time last year. “Local sales tax collections in … growth,” DiNapoli said. “October’s increase marked the fourth straight month of overall growth between 2% and …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-local-sales-tax-collections-2-point-5-percent-october-compared-last-yearDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… fail to renew their Medicaid coverage – referred to as “renewals outstanding” in DOH’s monthly Public Health … in SFY 2023-24 if 5%, or 46,291 individuals, identified as renewals outstanding renew their Medicaid coverage at a later …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planDiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… in New York state increased by 0.3% in January compared to the same month in 2023, according to data released today by … totaled nearly $1.9 billion, up $4.8 million from the same time last year. “Year-over-year growth in local … DiNapoli said. “With overall growth having moderated over the course of 2023, local officials should remain cautious in …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… New York state increased by 1.6% in February compared to the same month in 2023, according to data released today by … collections totaled $1.67 billion, up $26.8 million from the same time last year. “February’s local sales tax … driven by New York City, with nearly all regions outside the city experiencing year-over-year declines for the month. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-year