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DiNapoli: Tax Breaks From IDAs Continue to Climb
… Development Agencies (IDAs) provided $695 million in net tax exemptions in 2015, an increase of 10 percent from the prior year, … and impact of economic development activities taking place in their own backyards." DiNapoli's report found the state's …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-tax-breaks-idas-continue-climbDiNapoli: Statewide Local Sales Tax Collections Declined 10 Percent in 2020
… percent overall in 2020, or $1.8 billion, compared to the previous year, according to a report issued today by State … 10 percent overall in 2020 or $18 billion compared to the previous year according to a report issued today by State …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-statewide-local-sales-tax-collections-declined-10-percent-2020State Comptroller DiNapoli Releases Analysis of Enacted State Budget
… care and mass transit, according to a report released today by State Comptroller Thomas P. DiNapoli. At the end of … care and mass transit according to a report released today …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-analysis-enacted-state-budgetState Comptroller DiNapoli Releases Audits
… York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued. New York City … for Community Living, Inc. (2020-N-4) DHS contracted with the Institute for Community Living to provide a range of services for the homeless. Auditors determined that DHS did not …
https://www.osc.ny.gov/press/releases/2022/10/state-comptroller-dinapoli-releases-auditsDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… sector grew over the course of the COVID-19 pandemic, while most other economic sectors suffered job losses, according to a report released today by State Comptroller Thomas P. … the pandemic. How the Pandemic Boosted the Tech Sector While other industries struggled, New York City’s tech sector …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesDiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme
… New York State Comptroller Thomas P. DiNapoli and Nassau … man was sentenced today to up to ten-and-a-half years in prison for his role in a $12 million Ponzi scheme that … charges on Sept. 26, 2019, but later withdrew his plea. A new indictment was secured in August 2020, but court closures …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… DiNapoli said. “The MTA needs to come up with billions of dollars to pay for operations in the coming years and that … 2022, transit ridership continued to lag at the low end of MTA’s projections, forcing it to revise projections downward and to plan spending of federal relief funds faster than expected to cover …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… standards, averaging 5.3% from fiscal years 2024 through 2026, the city will have to prepare for the potential … in place pending the outcome of the city's appeal. While it has added substantial labor reserves since a year ago … Fiscal Tracking Tools Strengthening New York City's Rainy Day Fund Review of the Financial Plan of the City of New …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeDiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… with no college education (7.8 points to reach 12.9%). Young workers, age 16 to 24, are the only age group to see … including those employed by tourism-dependent businesses, young workers and caretakers. He encouraged city and state …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceDiNapoli: Rechargeable Battery Use Rising Dramatically, But State Not Enforcing Recycling Law Requirements
… if they are not properly recycled. If they’re just put in the garbage and enter the waste stream, they can end up in landfills and their chemicals can leak into public water … batteries can ignite or explode if they are damaged in the waste stream and were the cause of a six-alarm fire on …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-rechargeable-battery-use-rising-dramatically-state-not-enforcing-recycling-law-requirementsState Comptroller DiNapoli Releases School Audits
… were appropriate, district officials did not secure access to online banking. In addition to sensitive information technology (IT) control weaknesses officials did not ensure that authorized access to online bank accounts was limited. The district did not …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-school-auditsDiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… County, where 99% of allocated vouchers were issued but only 87% of the vouchers were used by the families they … found that HCR had significant funding reserves that could have been used for housing subsidies and to increase … included no gas, exposed electrical wires, faulty carbon monoxide detectors and the presence of vermin. …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisDiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… into the future and could leave less money to pay for services, according to New York State Comptroller Thomas … kick the can down the road. Its plans to issue debt to pay for operating costs and put off paying down its debt for capital projects may save money in the short-term, but …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… is needed to keep the largest municipal health system in the country in good fiscal health, according to a report released today … the underlying socioeconomic and health disparities in the city. Likewise, more preventable hospitalizations and … is needed to keep the largest municipal health system in the country in good fiscal health …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… A record number of New Yorkers relied on Medicaid for health care in 2021, … decade have contributed to a steep decline in the number of New Yorkers without health care coverage, ranking New York … enrollment trends continue, the state could face billions of dollars in unbudgeted costs. State policymakers should …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021DiNapoli Releases Report on Local Roads
… Local governments across New York State spent $2 billion on road maintenance, repairs and upgrades in local fiscal year (FY) 2020, a decline of 7% since 2010 when adjusted for inflation, according to a report by New … Local governments across New York State spent $2 billion on road maintenance repairs and upgrades in local fiscal year …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsDiNapoli: State's Pandemic Response to Nursing Homes Hindered by Ill-Prepared State Agency
… without critical information systems and staff that could have identified and helped limit the spread of COVID-19 at … who died is still uncertain. The audit revealed that, on many key indicators, New York significantly trailed other … COVID-19 death was counted, but many still don’t have answers from the state Department of Health,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-states-pandemic-response-nursing-homes-hindered-ill-prepared-state-agencyDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… better-than-expected revenues allowed for a steep increase in spending in the $220.5 billion enacted state budget for State Fiscal … programs. DiNapoli expressed concerns about the growth in capital spending and debt. He also cautioned that many … betterthanexpected revenues allowed for a steep increase in spending in the $2205 billion enacted state budget for …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetState Comptroller DiNapoli Releases Audits
… for DME rentals that exceeded established monthly caps. In addition, noting that Medicare imposes a 36-month cap on … SUVs, trailers, trucks, and vans – used by 26 departments in their day-to-day operations. It also maintains 43 pieces … TPHI was liable instead, identifying more $37.4 million in improper Medicaid payments that had not been pursued for …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-auditsSelected Aspects of Central Office Disbursements From the Tuition and Fees Refund Bank Account
… of New York (CUNY) is the largest urban university in the United States, consisting of 24 institutions. More … education students are enrolled at campuses located in New York City. CUNY’s Central Office provides … of tuition and fees and financial aid refund checks in 2012. The centralized process is a component of CUNY’s …
https://www.osc.ny.gov/state-agencies/audits/2018/10/19/selected-aspects-central-office-disbursements-tuition-and-fees-refund-bank-account