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New York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
Recently released data from the Bureau of Economic Analysis show personal income in New York has surpassed prepandemic levels by 128 percent
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Thomas P. DiNapoli announced today. Collections for all localities totaled more than $1.5 billion, up $175 … 2020. Nearly every county saw year-over-year collections for October grow by double digits, with Monroe County having … against what had been reported by sales tax vendors for the reporting quarter and adjusts payments to local …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020Safe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1
… report - pdf] Audit Objective Determine whether 17 school districts used their resources and two charter schools … to develop, adopt, file and implement district-wide school safety plans and building-level emergency response … a safety team or did not have all the required members. No school met all of the annual safety training requirements. …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… New York City projects a surplus of more than $2.7 billion for fiscal year (FY) 2020, up from $550 million in November 2019, which it plans to transfer to FY 2021 to … released today by State Comptroller Thomas P. DiNapoli. “New York City’s economy has been strong in recent years, …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August were 15.5% higher than they were … distributions against what had been reported by sales tax vendors for the reporting quarter and adjusts payments to … provide more information on the regional picture of sales tax collections for the third quarter (July through …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… August. DiNapoli noted state tax receipts of $4.3 billion in August were $309.3 million above the latest projections by … fiscal relief for New York, painful budget decisions lie ahead.” Other key numbers in the report: Personal income … receipts were $97.2 million, or 7.8 percent, below those a year earlier. All Funds spending through August totaled …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… pension plans and external investment pools are required to be presented in the notes to the financial statements if separate GAAP statements for …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsAudit Finds Construction Delays in Public Housing Program Across New York State
… handrails, sidewalks, kitchens and bathrooms as well as boiler upgrades. However, the first construction contract …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… than five employees grew over 10% in New York City during the COVID-19 pandemic, according to a report released today by State Comptroller Thomas P. DiNapoli. The report details the growth in New York City’s small businesses, the … than five employees grew over 10 in New York City during the COVID19 pandemic according to a report released today by …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay, it must prioritize keeping the system in … how the choices it makes will impact riders, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… New York has been slow when it comes to using some federal relief funds earmarked to alleviate the state’s affordable housing crisis, according … New York has been slow when it comes to using some federal relief funds earmarked to alleviate the …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… Thomas P. DiNapoli today announced his nomination of Nancy G. Groenwegen to the Commission on Ethics and … and accountability. Nancy’s character, knowledge and depth of experience will help New York meet those challenges and … Groenwegen served as the commissioner and president of the New York Civil Service Commission and as an assistant …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… Hundreds of millions of dollars were spent on Medicaid Managed Long-Term Care … found that inadequate oversight by the state Department of Health (DOH) over a period of more than six years resulted … Hundreds of millions of dollars were spent on Medicaid Managed …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… People with Disabilities Have Been Derailed by COVID-19 The COVID-19 pandemic and resulting economic shutdown led to … but steadily declined to 8.2 percent as of April 2021, the most recent date for which data are available. However, … that had been made in employment indicators leading up to the pandemic. The Current Population Survey conducted by the …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021DiNapoli: Hate Crimes Surged in New York Over the Last Five Years
… that celebrates the value of New York’s diversity.” A hate crime is an offense that is motivated by a perception or … can be committed against a person or property. Except for 2020, which may reflect artificially low reporting due to … rose since 2018, but hate crimes involving assaults on people grew faster and were more common than property crimes …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-hate-crimes-surged-new-york-over-last-five-yearsNew York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… Claims Show a Year of Economic Devastation A year after the first case of COVID-19 was reported in New York State, the economic disruption caused by the … of the graph below, the figure remains elevated 11 months after the initial surge of job losses, with 2.4 million …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021Rensselaer County Industrial Development Agency – Payments in Lieu of Taxes (2021M-74)
… Development Agency (RCIDA) officials ensured payments in lieu of taxes (PILOTs) were properly billed, collected and … an inconsistent payment calculation process that resulted in two projects being overbilled a total of $170,842 and two … Development Agency RCIDA officials ensured payments in lieu of taxes PILOTs were properly billed collected and …
https://www.osc.ny.gov/local-government/audits/county/2025/01/24/rensselaer-county-industrial-development-agency-payments-lieu-taxes-2021m-74DiNapoli: New York's Medicaid System Improperly Paid Over $16 Million in Claims
… eMedNY computer system improperly paid $16.2 million in Medicaid claims during a six-month period that started in October 2023, according to an audit released today by … third-party insurance and should’ve been enrolled in Medicaid fee-for-service instead. As a result of the …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-new-yorks-medicaid-system-improperly-paid-over-16-million-claimsTransportation Company Owner and Office Manager Indicted in $1.8 Million Medicaid Scheme
… of a Schenectady County medical transportation company was charged with stealing more than $1.8 million from the state’s … of a Schenectady County medical transportation company was charged with stealing more than $18 million from the states …
https://www.osc.ny.gov/press/releases/2025/10/transportation-company-owner-and-office-manager-indicted-18-million-medicaid-schemePreliminary Report on the State Fiscal Year 2014-15 Enacted Budget, April 2014
The State ended SFY 2013-14 in its most favorable financial position in years.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-preliminary-2014-15.pdf