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DiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
… totaled $111.7 billion, $2.9 billion higher than the forecast released by the Division of the Budget (DOB) in the … 202223 totaled $1117 billion $29 billion higher than the forecast released by the Division of the Budget DOB in the …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-sfy-2022-23-tax-collections-outperform-projections-fall-below-previous-yearDiNapoli: 23 School Districts Designated in Fiscal Stress
… County did not receive a score for SY 2020-21 because it only has two years of data, not the three years of data …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressNYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees
… to come from the state’s retirement fund and the Office of the State Comptroller, asking for a payment to “upgrade” … It’s a scam. Report the message to the Federal Bureau of Investigation’s Internet Crime Complaint Center at … added to their funds and other benefits. A screen capture of a scam text: New Yorkers can report allegations of fraud …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-beware-text-message-scam-targeting-retireesDiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… 2020-21 totaled $82.4 billion — $3 billion higher than forecast by the state Division of the Budget (DOB) in the … (latest projections), and $6.8 billion higher than forecast in May 2020 (initial projections), according to the … which was $1.5 billion higher than the most recent forecast; $918 million in payments were made to eliminate all …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsDiNapoli: Problems Caused by Outdated System Left State's Unemployment Insurance Program Vulnerable to Fraud
… billions of dollars in improper payments during the COVID-19 pandemic, according to an audit released today by …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-problems-caused-outdated-system-left-states-unemployment-insurance-program-vulnerable-fraudNew York’s Economy and Finances in the COVID-19 Era
… while 5 percent experienced positive effects, and only 10 percent said the pandemic had little or no impact. … having either no cash on hand for business operations, or only enough for two weeks or less. Another 17 percent …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli: Son Left Father’s Body in Morgue to Steal His Pension and Social Security Payments
… were electronically deposited into a checking account in the name of his father. Christopher Bunn, 49, is scheduled … Court Justice Barry Kron based upon his guilty plea in October to grand larceny in the third degree, a Class D felony, and petit larceny. … of $17790 which were deposited into a checking account in the name of his father …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-son-left-fathers-body-morgue-steal-his-pension-and-social-security-paymentsTown of Palermo – Transparency of Fiscal Activities (S9-25-22)
… Comptroller (OSC) as required? Audit Period January 1, 2024 – April 30, 2025 We extended our observation of annual … for fiscal year 2024 in accordance with New York State (NYS) Town Law (Town Law). In addition, the Supervisor did not … Section 35 of GML. For more information on preparing and filing your CAP, please refer to our brochure, Responding to …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2026/01/30/town-palermo-transparency-fiscal-activities-s9-25-22NYS Common Retirement Fund Reports First Quarter Results
… DiNapoli said. “Until there is a solution to the global public health crisis, market volatility and … and real assets (8.7 percent) and credit, absolute return strategies and opportunistic alternatives (5.5 percent). The …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… generate, on average, more than $900 million annually, but only a small share of the savings will come from efficiencies …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Billing and Reimbursement Flaws Allowed $16.6 Million in Inappropriate Payments to Home Health Care Providers
… erroneously made $16.6 million in Medicaid payments to 95 home health providers over a 3 1/2-year period, largely … today by New York State Comptroller Thomas P. DiNapoli. “Home health care providers fill a great need by allowing … an Episodic Payment System (EPS) to reimburse certified home health agencies (CHHA) for health care services provided …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-billing-and-reimbursement-flaws-allowed-166-million-inappropriate-payments-home-health-careDiNapoli: NYC Budget Benefiting From Strong Economy
… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will likely grow as tax collections are higher than expected amid a strong economic climate and … P. DiNapoli. “This is shaping up to be another solid year for the city. Job growth in the five boroughs has been …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyNYS Common Retirement Fund Reports Second Quarter Results
… estimated return in the second quarter of the State Fiscal Year 2018-2019 was 3.47 percent for the three-month period … Thomas P. DiNapoli. "The Fund had a strong first half year, assisted by a surging stock market," DiNapoli said. … billion paid out during the first half of the State Fiscal Year 2018-2019. The Fund’s audited value as of the March 31, …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Calls to Investigate Violations of Do Not Call Law Going Unanswered
… Law allows consumers to register their mobile and landline phone numbers on a national registry to reduce unsolicited … were on the registry. DiNapoli's auditors found the number of Do Not Call complaints by state residents more than … Find out how your government money is spent at Open Book New …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-calls-investigate-violations-do-not-call-law-going-unansweredNYS Common Retirement Fund Announces Third Quarter Results
… ending December 31, 2014, bringing the Fund’s estimated value to $181.7 billion, according to New York State … that ensure a secure retirement.” The Fund's estimated value reflects benefits paid out during the quarter. The Fund’s value was $176.8 billion as of the end of the state fiscal …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… to support his call for the pharmacy benefit management company to publicly detail its cyber risk and actions taken … form of a shareholder proposal , will be voted on at the company's annual meeting on May 10. "Cybersecurity is one of … to join us in calling for more details from the company." DiNapoli filed the shareholder proposal last year, …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalNY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… recent scandals. In recent weeks, the bank's problems have only mounted; a federal investigation has been expanded into …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programNYS Common Retirement Fund Reports First Quarter Results
… ranked the Fund one of the best funded in the nation. Only eight states had a funded ratio of 90 percent or higher …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: State Tax Collections Dip
… last year and $454.1 million below projections, according to the June state cash report issued today by State … P. DiNapoli. “Personal income tax collections are off to a slower than expected start. The first quarter of the … may improve going forward, the state should be prepared to take action if revenue remains below estimates.” Total …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dip