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DiNapoli: Local Tax Cap Will Be Two Percent in 2022
… Property tax levy growth will be capped at 2% for 2022 for local governments that operate on a calendar-based fiscal year, State Comptroller Thomas P. … as 44 cities and 13 villages. "Allowable tax levy growth will be limited to 2% for a third time in four years for …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… 2023-24, $450.8 million higher than estimates released in the Division of the Budget’s (DOB) Enacted Budget … billion lower than last year through the quarter ending in June 2022, according to the monthly State Cash Report … eased and hiring has held up, consumer spending has slowed in recent months and some tax collections are showing signs …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterDiNapoli: Bullying and Drug-Related Incidents in Schools on the Rise
… identify solutions,” DiNapoli said. “This report builds on my office’s previous work examining violent and disruptive …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-bullying-and-drug-related-incidents-schools-riseNew York’s Economy and Finances in the COVID-19 Era
… Lingering Economic Pain The economic outlook contained in the Governor’s Executive Budget proposal for State Fiscal … domestic product is projected to increase by 4.4 percent in calendar year 2021 after an estimated decline of 3.4 percent in 2020, according to the Division of the Budget (DOB). While …
https://www.osc.ny.gov/reports/covid-19-january-21-2021New York’s Economy and Finances in the COVID-19 Era
… $35,000 11% Mississippi $36,600 15% Montana $31,700 9% North Carolina $36,200 11% North Dakota $27,800 7% Nebraska $31,400 8% New Hampshire … 12% Pennsylvania $34,700 9% Rhode Island $32,400 9% South Carolina $36,600 13% South Dakota $28,400 8% Tennessee …
https://www.osc.ny.gov/reports/covid-19-january-7-2021New York’s Economy and Finances in the COVID-19 Era
… has dropped in New York and nationwide since the start of the pandemic. Source: NYS Department of Labor; OSC … 7,500 claimants from figures reported in the previous week. This included 1.3 million people filing under the Pandemic Unemployment …
https://www.osc.ny.gov/reports/covid-19-february-3-2021DiNapoli: Post-Pandemic Unemployment in NYC Persists for Some Demographic Groups
… status. As of December 2025, leisure and hospitality, wholesale trade, other services (e.g., personal care and …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-post-pandemic-unemployment-nyc-persists-some-demographic-groupsDiNapoli: Two Western NY BOCES Holding Millions in Surplus Funds
… Educational Services (BOCES) withheld millions of dollars in surplus funds that should have been refunded to local … P. DiNapoli. “Excessive amounts of money can sit unused or in unauthorized reserve funds because of flawed budget … to each district the cost allocated to that district in the past year’s budget, the actual expenditures associated …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-two-western-ny-boces-holding-millions-surplus-fundsDiNapoli Audit: Next In Line For Mitchell-Lama Apartments Were Skipped
… that Washington Square’s waiting list, created by lottery in 2004, contained no addresses for most of the first … the management company to use the postcards picked in the lottery to determine applicant’s addresses but that the cards … Prospective Mitchell-Lama tenants can apply by entering a lottery as developments periodically reopen their waiting …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-audit-next-line-mitchell-lama-apartments-were-skippedDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… Technologies, an electrocardiography laboratory located in Rochester, which has generated a $1.5 million return, nearly … investment. iCardiac, a spinoff from the University of Rochester’s Medical Center, currently employs 80 people. The … companies, including 10 companies located in and around Rochester. iCardiac received $250,000 for early stage venture …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… The New York State Common Retirement Fund (Fund) has committed … Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, … investment risks, it also creates opportunities for the state pension fund to invest in the companies and funds that …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: $246,900 Average Bonus on Wall Street, Up 6% in 2025
… industry bonus pool reached a record $49.2 billion in 2025, up 9% from the previous year, while the average bonus rose 6% to $246,900, according to New York State Comptroller Thomas P. DiNapoli’s annual estimate. The increases reflect a …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-246900-average-bonus-on-wall-street-up-6-percent-in-2025DiNapoli Report Analyzes Increases in NYC's Unsheltered Population and Spending
… In a report released today , State Comptroller Thomas P. … merits greater focus on where resources are going and what services are working. Street homelessness is a chronic … of clients in low-barrier beds. All three indicators have been on the rise, but each has limitations. The city’s …
https://www.osc.ny.gov/press/releases/2026/03/dinapoli-report-analyzes-increases-nycs-unsheltered-population-and-spendingDiNapoli Report Examines Broadband Availability, Access and Affordability in NYC
… examined issues related to broadband availability, access and affordability across New York City’s neighborhoods and found that despite high availability, one in four … being one of the biggest challenges facing families, state and federal leaders should focus on measures to improve …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-report-examines-broadband-availability-access-and-affordability-nycDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… the same quarter last year, according to a report released today by State Comptroller Thomas P. DiNapoli. While this … collections in the quarter, led by St. Lawrence County at 22.5%, and followed by the counties of Livingston (18.5%), … second calendar quarter AprilJune of 2024 an increase of 22 or $127 million compared to the same quarter last year …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarterDiNapoli: Local Sales Tax Collections Up 1.4% in Third Quarter
… government sales tax collections totaled $5.98 billion in the third calendar quarter (July-September) of 2024, an … Comptroller Thomas P. DiNapoli. Eight of the 10 regions in the state, including New York City, saw collections rise. … tax collections are growing more slowly than they were in the pre-pandemic period,” DiNapoli said. “Given this lower …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-local-sales-tax-collections-up-1-point-4-percent-third-quarterDiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… Local government sales tax collections totaled $5.6 billion in the first calendar quarter (January-March) of 2024, an … year, the lowest rate of growth since the first quarter in 2021, according to a report released today by State … decline for the quarter. “Local sales tax collections in the first quarter showed modest year-over-year growth, led …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterDiNapoli Announces Victory in Shareholder Rights Lawsuit Against BJ's Wholesale
… Club Holdings, Inc., to be included on the company’s 2026 proxy materials for a vote by shareholders at their … efforts to diminish shareholder rights and reduce corporate transparency. As trustee of the New York State … I will continue to take action to resist efforts to reduce corporate accountability and diminish shareholder rights …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-announces-victory-shareholder-rights-lawsuit-against-bjs-wholesaleDiNapoli: Fast-Track Payment Program Returns $48 Million in Unclaimed Funds
… speed and scale at which the State Comptroller’s office can return certain unclaimed funds, while ensuring such funds … and work alongside State Comptroller DiNapoli to make this initiative a reality for New Yorkers,” Sepúlveda … in a timely manner without unnecessary red tape. Thank you to State Comptroller DiNapoli for your partnership on …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-fast-track-payment-program-returns-48-million-unclaimed-fundsDiNapoli: State Tax Receipts Higher Than Projections in First Quarter
… employment and economic growth may present a challenge in the coming months, along with the potential impact of … were nearly $3 billion higher than the same period in SFY 2024-25, reflecting, in part, the 24.9% increase in collections from the …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-tax-receipts-higher-projections-first-quarter