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New York City Construction Industry Booming
… The construction industry in New York state has set employment … with New York City accounting for half of the state’s construction job gains since 2010, according to a report … DiNapoli. “While the nation has yet to recover all of the construction jobs it lost during the Great Recession, New …
https://www.osc.ny.gov/press/releases/2019/05/new-york-city-construction-industry-booming2022 Virtual Lunar New Year Celebration
… DiNapoli hosted his 10 th annual Lunar New Year event in celebration of the Year of the Tiger with prominent Asian … Political Director of the Retail, Wholesale & Department Store Union. The live stream of the event has ended, but the … hosts one of the largest Lunar New Year celebrations in the State, drawing thousands of people to the area for its …
https://www.osc.ny.gov/events/2022-lunar-new-year-celebrationPublic Equities
… to additional guidelines: Emerging Manager Definition and Life-Cycle Stages … of the Fund The partners source perform due diligence and recommend managers …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/public-equitiesNew York City Bike Share Program – Oversight of Revenue Collection and Monitoring
… (DOT) collects selected revenues from the New York City Bike Share program as required by the terms of the agreement. … About the Program In 2013, DOT launched the New York City Bike Share program, which is part of a public-private … of this report, this program is referred to as Citi Bike. The program is operated by the vendor, and DOT is …
https://www.osc.ny.gov/state-agencies/audits/2025/12/24/new-york-city-bike-share-program-oversight-revenue-collection-and-monitoringImplications for the Future – 2021 Financial Condition Report
… The Economic Outlook: Employment Struggles and Uncertainty Remains While the recession brought on by the COVID-19 pandemic was short-lived, employment has yet to … While the recession brought on by the COVID19 pandemic was shortlived employment has yet to …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureChild Care Licensing and Inspection
… if the Office of Children and Family Services’ (Office) child care licensing and inspection activities ensure licensed and registered child care facilities are in compliance with applicable laws … families, and communities. The Office's Division of Child Care Services (Division) is responsible for overseeing …
https://www.osc.ny.gov/state-agencies/audits/2014/08/14/child-care-licensing-and-inspectionNew York’s Economy and Finances in the COVID-19 Era
… have lost employment income since mid-March, compared to 48% nationally 37% of New York individuals anticipate that … did not have enough to eat at times during the previous week Source: U.S. Census Bureau, based on those surveyed during the week of June 18 through June 23 Clear Racial and …
https://www.osc.ny.gov/reports/covid-19-july-9-2020XII.6.D Paying a Single Payment Vendor – XII. Expenditures
… AND POLICIES This section informs agencies how to make a payment to a single payment vendor in the Statewide Financial System (SFS). Specific agencies use single payment vendors to process payments to multiple payees for … This section informs agencies how to make a payment to a single payment vendor in the Statewide Financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6d-paying-single-payment-vendorInvesting in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … (as of March 31, 2025) $1.9 billion invested in 600 New York State companies (as of March 31, 2025) Over $650 … (518) 375-8324 Email: [email protected] New York Credit Small Business Investment Company Fund (SBIC) …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… P. DiNapoli details New York’s financial impact from the 2022 Inflation Reduction Act (IRA), including close to $2 billion in funds for environmental and energy purposes that could help lower … “Given the strong interest in improving affordability for consumers, small businesses, farmers, and nonprofits, …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… percent, the lowest level in 42 years, but financial risks for the city persist, according to a report released today by … health insurance savings. While the potential budget gap for FY 2020 is sizable, the city has a year to close it. In … The financial plan also does not reflect the potential for future federal or state budget cuts. Growing federal …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: L.I.C., Sunnyside and Woodside Are Drivers of Economic Growth in Queens
… distinct personalities, but together they are contributing to the borough’s business growth, share of the population … median household income and new housing, according to a report from State Comptroller Thomas P. DiNapoli. The … revitalization. While there is a lot of positive progress to cheer for, challenging issues like the high cost of …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-lic-sunnyside-and-woodside-are-drivers-economic-growth-queensAdministration and Collection of Real Estate Transfer Taxes (Follow-Up)
… Objective To determine the extent of implementation of the two recommendations included in our initial audit report, Administration and Collection of Real Estate Transfer Taxes (Report 2017-S-88 ). About the … To determine the extent of implementation of the two recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2021/10/27/administration-and-collection-real-estate-transfer-taxes-followXI-A.8 Payment Tolerances – XI-A. Purchasing
… The actual tolerance value varies based on the category code specified on the purchase order line(s). These select … purchased. For example, if a Business Unit is purchasing food products, including milk, and milk is a purchase that … and a separate PO line that references the appropriate food category code for purchase of the additional food …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a8-payment-tolerancesFiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fsms-schools-010825.pdfNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… $130,672 ALLEGANY 394 $37,304,836 $94,682 BRONX 16,667 $1,354,373,882 $81,261 BROOME 3,145 $343,539,232 $109,233 … 4,755 $409,751,384 $86,173 SCHENECTADY 2,222 $217,834,564 $98,035 SCHOHARIE 363 $29,000,733 $79,892 SCHUYLER 311 … $62,002 SENECA 493 $46,341,660 $93,999 STEUBEN 1,229 $98,498,456 $80,145 SUFFOLK 42,045 $4,558,501,455 $108,420 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021XII.5.E Processing Vouchers Against a Purchase Order – XII. Expenditures
… amount within the Business Unit’s authority as established in a law or contract. In addition, the purchase order … the funds encumbered. Each electronic invoice submitted by a vendor must reference a purchase order in the SFS. The … requirement where health and safety or the conservation of public resources is at risk. On the voucher, the Business …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii5e-processing-vouchers-against-purchase-orderStatement from New York State Comptroller Thomas P. DiNapoli on President Trump's Budget Proposal
… put at risk by the President’s proposed budget: Almost 3 million New Yorkers received approximately $5 billion … the Supplemental Nutrition Assistance Program (food stamps). More than 1.5 million New York households benefitted …
https://www.osc.ny.gov/press/releases/2017/05/statement-new-york-state-comptroller-thomas-p-dinapoli-president-trumps-budget-proposalOpinion 89-50
… public purpose (see , e.g., Matter of Waldo's v Village of Johnson City , 74 NY2d 718, _____ NYS2d _____; Murphy v Erie …
https://www.osc.ny.gov/legal-opinions/opinion-89-50Claims Auditing – Improving the Effectiveness of Your Claims Auditing Process
… Auditing claims demands more than a “rubber stamp” of the claim packages. Instead, it should entail a thorough and deliberate examination to determine that the claim is a legal obligation and a proper charge against the … local government or school district. As a general rule, a claim package should contain enough detail and documentation …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/claims-auditing