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Public-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… Thomas P. DiNapoli. “Our public infrastructure needs a lot of improvements - $250 billion in improvements over the …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli Releases Fiscal Stress Scores for Villages and Cities
… was the only city in “moderate fiscal stress” with a score of 58.3. Last year, Amsterdam was ranked in “significant fiscal stress” with a score of 75. The villages of Addison (Steuben County) and South Dayton … going from 53.8 to 61.7 and South Dayton going from 47.5 to 55.4. The system, which has been in place since 2012, …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-releases-fiscal-stress-scores-villages-and-citiesDiNapoli: 59 School Districts in Fiscal Stress
… nine districts considered in “moderate fiscal stress” were Amityville (Suffolk), Bedford (Westchester), Clifton-Fine …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-59-school-districts-fiscal-stressDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… in New York that were in some level of fiscal stress in 2020, based on scores that largely reflect the time period before the … years ending on June 30. For the fiscal years ending 2020, the three cities in “significant fiscal stress” include … New York that were in some level of fiscal stress in 2020 based on scores that largely reflect the time period …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressNew York City Tourism Industry Hit Hard by Pandemic, Visitor Spending Drops by 73%
… abruptly halted tourism in New York City one of the worlds top tourist and business traveler destinations during …
https://www.osc.ny.gov/press/releases/2021/04/new-york-city-tourism-industry-hit-hard-pandemic-visitor-spending-drops-73DiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record … declined at a slower rate than profits because Wall Street firms use bonuses to retain top producers. While many … and the employment gains in the securities industry. Wall Street added 9,600 jobs during the first 11 months of 2007, a …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… for the next fiscal year, helping the city balance its FY 2025 executive budget, according to a report released today … average of more than $200 million annually beginning in FY 2025. New York City has generated substantial savings from … net savings of $2.6 billion in FY 2024, $2.3 billion in FY 2025, and an average of nearly $2.2 billion in the out-years, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsConferences — Actual and Necessary Expenses – Travel and Conference Expense Management
… officer or an administrative board. As a general rule, in order for conference expenses to be considered "actual and … government and school district should provide guidance in its travel policy and procedures regarding reasonable … for non-employee travelers. Likewise, any increase in room rates due to an extra traveler should not be charged …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/conferences-actual-and-necessary-expensesDiNapoli: Overtime Costs at State Agencies Reached All-Time High in 2021
… overtime hours worked, or an increase of 4.3%, according to a report released today by State Comptroller Thomas P. … 2021,” said DiNapoli. “While the pandemic does not appear to have prompted a ‘great resignation’ from the state … sharply in 2021 than in the prior decade. The state needs to continue to attract and retain a range of diverse …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-overtime-costs-state-agencies-reached-all-time-high-2021NY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors
… essential tool in maintaining corporate transparency and accountability. The Statement is in response to provisions of … could put our investments at risk and diminish corporate accountability," DiNapoli said. "Publicly-owned companies are … attempt to undermine shareowner rights and erode accountability at companies big and small. This legislation …
https://www.osc.ny.gov/press/releases/2017/06/ny-state-city-comptrollers-state-treasurers-federal-bill-attempts-silence-investorsDiNapoli Releases 2024 Fiscal Stress Scores for Villages and Some Cities
… under his office’s Fiscal Stress Monitoring System (FSMS) for their fiscal year ending in 2024. DiNapoli’s office … monitor their financial condition so they can be prepared for any financial challenges that lie ahead. I encourage … pitfalls.” The latest round of fiscal scores are for local governments with fiscal years ending between Feb. …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-2024-fiscal-stress-scores-villages-and-some-citiesDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… conditions, even if their fiscal stress scores were low in the early days of the crisis.” The Fiscal Stress … all fiscally stressed school districts (87.1 percent) have low liquidity, also known as “weak cash position,” meaning … structural budgetary imbalance. Operating deficits and low fund balances are also warnings of fiscal stress. …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressDiNapoli: Billions Needed for Repairs to Local Bridges
… in developed areas, which have limited space to expand bridge structures to handle increased traffic flows or meet … Transportation's Federal Highway Administration National Bridge Inventory. For local bridges, those in New York City … flat in recent years. In 2016, the state created the BRIDGE NY program to support local bridges and culverts. As …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli Releases 2025 Fiscal Stress Scores for Villages and Some Cities
… Monitoring System (FSMS) for their fiscal year ending in 2025. DiNapoli’s office evaluated all non-calendar fiscal … are for local governments with fiscal years ending between Feb. 28 and July 31, 2025, including 518 villages, most of which have a fiscal …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-releases-2025-fiscal-stress-scores-villages-and-some-citiesThe Proposed Framework for Federal Tax Changes, A New York Perspective, October 2017
New Yorkers have a big stake in all aspects of the debate over the federal tax revisions proposed by the Trump Administration.
https://www.osc.ny.gov/files/reports/special-topics/pdf/federal-tax-changes-2017.pdfDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
New York Citys economy bolstered by robust economic growth in recent years is strong and the outyear budget gaps are relatively small but the risk of an economic slowdown is growing according to a report released today by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksManagement of Unexpected Delays and Events During Winter 2017-18
… at the terminal before departing, or terminated en route before reaching their destinations. Service … incident management protocols. Develop a process to manage bus service during an incident, including notifications to customers of the availability of bus service. Ensure the use of bus service is documented …
https://www.osc.ny.gov/state-agencies/audits/2018/08/07/management-unexpected-delays-and-events-during-winter-2017-18DiNapoli: Public Authority Debt Ballooned to $329 Billion
… requirements. The Office of the State Comptroller does not independently verify the data that authorities … historical data reported in PARIS from 2007 to present, Open Book New York contains Summary Financial Information … fiscal year). Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionState Comptroller DiNapoli: $360M Needed to Repair Local Dams
… Municipalities across New York are facing an estimated $360 million price tag to … to public safety, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. The report showed that New York has more than 1,000 intermediate- and high-hazard …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-360m-needed-repair-local-damsOverlapping Real Property Tax Rates and Levies - FAQs
… those interested in examining the role real property taxes play in financing local government operations. What … exportable Excel format to provide data users with spreadsheet functionality and more flexibility and choice as they examine and work with the information. Does the year associated with the …
https://www.osc.ny.gov/local-government/data/overlapping-real-property-tax-rates-and-levies-faqs