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New York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… March 30, 2021 Edition While Some New York Industries Are on the Path to Recovery, Others Are … deep: employment in New York declined by nearly 2 million jobs from February to April 2020. New data released by the State Department of Labor show less than half of the jobs lost during that …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April … chance to improve their fiscal stability, but it will take time to recover from the strain caused by the COVID-19 … sales tax. The second change, the marketplace provision, now requires online marketplace providers, such as eBay and …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions September … and July (including 295,000 layoffs and discharges in the latest month) were more in keeping with pre-pandemic levels. …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… Trends More Than Half of Adult New Yorkers Affected by Loss of Employment Income As was widely reported, New … that they or someone in their household will experience a loss in job income in the coming four weeks Source: U.S. … higher percentage of total February employment than all of upstate (478,000 jobs, 16.8 percent) or the downstate suburbs …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli Op-Ed in Times Union
… decision points have become increasingly common in the last decade, making federal spending and debt front-page news. In contrast, state and local finances, and particularly debt, … the definitions of the act and structured in ways to avoid being counted under the limit. And New York has a history of …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-unionDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… The average bonus paid to employees in New York City’s securities industry for 2024 reached … COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s … to completing its new 60-story headquarters building in Midtown and purchased another nearby building (250 Park Ave) …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024Opinion 88-28
… v Price , 171 NY 415, 64 NE 191; Loos v City of New York , 257 AD 219, 13 NYS2d 119, reversing 170 Misc 14, 9 … ultimately circulated throughout the City of New York, was "published" in the Borough of Manhattan, rather …
https://www.osc.ny.gov/legal-opinions/opinion-88-28DiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… The New York Daily News published an op-ed from New York State … the challenges that lie ahead. The full op-ed is below: In the last 20 years, New York City has had to recover from a …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadLife Changes: What If I Leave Public Employment?
… the form. If you don’t know your NYSLRS ID, you can check recent letters from NYSLRS or your Member Annual Statement. … consultation . Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentMohawk Valley Faces Challenges But Bright Spots Exist
… developments, according to a report released today by State Comptroller Thomas P. DiNapoli. "The Mohawk Valley has … with an average annual wage of $40,862. The largest sector in the region is government (federal, state and …
https://www.osc.ny.gov/press/releases/2018/07/mohawk-valley-faces-challenges-bright-spots-existWall Street Profits Up in 2016
… back strongly in 2016. Lower costs more than made up for the continued decline in revenues," DiNapoli said. … the industry generates a significant amount of tax revenue for both the state and city budgets." Pretax profits for the broker/dealer operations of New York Stock Exchange …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016DiNapoli: NYC Has Recovered Nearly All Private Sector Jobs Unevenly Across Sectors
… in the securities, transportation and warehousing and office sectors, but retail, restaurants, construction and … the arts, entertainment and recreation, construction, office, restaurants, retail, securities, tourism and … the biggest port by number of large shipping containers. Office The office sector, which includes the information, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-has-recovered-nearly-all-private-sector-jobs-unevenly-across-sectorsDiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue
… York City’s finances have stabilized amid declining costs for asylum seekers and strong revenue, largely from growth in … In November, the city also introduced the fiscal year (FY) 2025 Savings Program, consisting entirely of savings from … of $6.4 billion, down from the $10.4 billion forecast in August. The State Comptroller’s projected gaps are smaller …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-nyc-finances-stabilizing-drop-costs-asylum-seekers-and-resilient-tax-revenueDiNapoli and Brooklyn Borough President Antonio Reynoso Op-Ed: New York Mothers Should Not Be Dying in Childbirth in 2025
… The New York Daily News published an op-ed on Sunday from New … fight it. Here’s what we don’t know over the past decade: how many women experienced a heart attack or sepsis during … gone up 22% from 2008 to 2021 across the country, they are not tracked by New York's Department of Health (DOH). In …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-and-brooklyn-borough-president-antonio-reynoso-op-ed-new-york-mothers-should-not-be-dyingDiNapoli: Identity Theft Cases Surged in New York in 2020
… Identity thefts in New York surged during the pandemic with more than 67,000 … a decade earlier, according to a report released today by New York State Comptroller Thomas P. DiNapoli. The New York …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest … average for the State of $75,367. Retail trade, another sector with comparatively low wages, lost 93,000 jobs, one in …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New York’s Economy and Finances in the COVID-19 Era
… July; in NYC, 17% While New York State has regained more than one in four of the jobs it lost in March and April, … 22. New York’s share was the second-highest among the states, 12 percentage points above the national average. … or when these payments will be made remains uncertain. The federal CARES Act provided $5.1 billion to New York State …
https://www.osc.ny.gov/reports/covid-19-september-2-2020SUNY Bulletin No. SU-234
… a letter from the NYSLRS Member and Employer Service Bureau notifying them of the employee’s transfer from ERS to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-234-state-university-police-officer-eligibility-police-andState Agencies Bulletin No. 1680
… In accordance with IRS Publications 15-A, Employer’s Supplemental Tax Guide 2018, and 1141 General Rules and … does not apply to previously issued Form W-2 statement(s). Electronic Forms W-2 statements must be furnished by the … statement consent is available in NYSPO An updated news announcement on NYSPO that Form W-2 statement consent is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1680-new-york-state-payroll-online-nyspo-electronic-delivery-form-w-2New York’s Economy and Finances in the COVID-19 Era
… updated on the State’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions … New York City and the balance of the State spiked upward in April 2020. At that point, and in the months immediately before, the percentages of …
https://www.osc.ny.gov/reports/covid-19-february-3-2021