Search
New York’s Economy and Finances in the COVID-19 Era
… programs, together known as Temporary Assistance (TA), served 497,420 individuals in May, up by 8.3 percent …
https://www.osc.ny.gov/reports/covid-19-august-5-2020Identifying Fiscal Cliffs in New York City’s Financial Plan
… added approximately $30 million annually beginning in FY 2023. WTC Zadroga: In February 2022, the City added baseline funding of $51.5 million in FY 2023 for matching City spending related to the World Trade … (SHOW): In April 2022, the City added $19.3 million in FY 2023 and $13.7 million in the out-years for NYC Health + …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-planOpinion 93-29
… such publication or advertisement, and which contains news, articles of opinion (as editorials), features, … at least weekly for at least one year; (3) contain news, editorials and other matters of current interest; (4) …
https://www.osc.ny.gov/legal-opinions/opinion-93-29Opinion 92-5
… Johnson City , 74 NY2d 718, 544 NYS2d 809; Murphy v Erie County , 28 NY2d 80, 320 NYS2d 29; Deniham Enterprises v …
https://www.osc.ny.gov/legal-opinions/opinion-92-5State Agencies Bulletin No. 647
… with respect to certain employees in the Security Services Bargaining Unit represented by NYSCOPBA. Because only certain employees in the Security Services Bargaining Unit are eligible for binding arbitration, the … arbitration eligible employees in the Security Services bargaining Unit, but does not apply to titles in Payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/647-new-bargaining-unit-payroll-code-change-non-arbitration-eligibleDiNapoli: MTA Financial Outlook Improved
… the past year thanks to the economic recovery as well as low energy costs and interest rates, according to a report … the past year thanks to the economic recovery as well as low energy costs and interest rates according to a report …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… have been affected by the stronger dollar and weakened global economies, and after two years of job growth, the … refinancing bonds issued by the Sales Tax Asset Receivable Corp. The report also found that the Health and Hospitals …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityFinancial Condition and Selected Expenses
… on NYRA races (e.g., on-track, simulcast) totals about $2.3 billion. In November 2006, NYRA filed for bankruptcy due to its poor financial condition, including … obligations. In addition, a Franchise Oversight Board (FOB) was formed to oversee NYRA’s financial operations. In …
https://www.osc.ny.gov/state-agencies/audits/2016/06/10/financial-condition-and-selected-expensesFiscal Oversight and Monitoring of AIDS Institute Service Provider Contracts
… 6, 2017. Background The Institute’s stated mission is to protect and promote the health of New York State’s diverse population through disease surveillance and the provision of quality prevention, … expenses in the risk assessment process to determine what costs to review during the on-site fiscal review; …
https://www.osc.ny.gov/state-agencies/audits/2017/05/22/fiscal-oversight-and-monitoring-aids-institute-service-provider-contractsOversight of Critical Foster Care Program Requirements
… criteria prior to their certification or approval for the placement of foster children, and to determine whether … and families. OCFS and these entities use the CONNECTIONS system to document information about service delivery, … two contacts with the child within the first 30 days of placement, as required. For one of the 33 children, it took …
https://www.osc.ny.gov/state-agencies/audits/2017/07/21/oversight-critical-foster-care-program-requirementsNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… New York City's economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial … New York Citys economy is on pace to add more than 72000 jobs in 2018 and the unemployment rate …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownChanges in Federal Policies Pose Significant Risks for New York City's Budget
… shifts in federal fiscal policies constitute the greatest risk to the city since the Great Recession," DiNapoli said. … planned; Proceeds from the sale of taxi medallions could fall short of expectations given the competition from other … to face serious financial challenges. Read the report , or go to: http://osc.state.ny.us/osdc/rpt8-2018.pdf For …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… and waterfronts, are at an all-time high, but spending in future years is expected to require additional resources … DiNapoli said. "Historic high levels of EPF spending in recent years underscore the fund's vital role in preserving the environment for all New Yorkers. We must …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentState Comptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Bellmore Union Free School District , … year. The board overestimated expenditures by an average of $4.4 million per year from 2012-13 through 2014-15. In … in all three years reviewed, the district did not use any of the fund balance appropriated to finance operations. …
https://www.osc.ny.gov/press/releases/2016/11/state-comptroller-dinapoli-releases-school-auditsRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
… In September 2007, the Chair of the MTA appointed a Blue Ribbon Commission on Sustainability and the MTA (Blue Ribbon Commission) charged with making … MTA and its agencies. In April 2009, the MTA issued the Blue Ribbon Commission’s Report on Sustainability and the MTA …
https://www.osc.ny.gov/state-agencies/audits/2023/09/29/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsWall Street Profits Up in 2016
… increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210, according to an estimate released today by New York State Comptroller … 2016 increasing by 21 percent while the average bonus paid to employees in New York Citys securities industry increased …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016DiNapoli Op-Ed in the NY Daily News Explains His Audit of the Former Governor's COVID Performance
… The New York Daily News published an op-ed from New York State Comptroller Thomas P. DiNapoli today. The full op-ed is below: Diagnosing Team Cuomo’s nursing home failures: The state comptroller explains his audit of the former … The New York Daily News published an oped from New York State …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-op-ed-ny-daily-news-explains-his-audit-former-governors-covid-performanceDiNapoli: NYC Immigrant Workforce Below 2015 Peak
… to the U.S. looking for work and a better life. Federal immigration policy must be reformed to ensure that the … care and social assistance and accommodation and food services. Still, foreign-born workers contributed nearly $383 … and fewer jobs. DiNapoli’s report notes federal immigration policies and the COVID-19 pandemic likely …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-nyc-immigrant-workforce-below-2015-peakDiNapoli Audit: Growing Number of Youth in Juvenile Justice Centers at Risk Due to Staff Shortages
… Ongoing staff shortages in juvenile justice centers around New York … in secure juvenile justice facilities has grown, straining staff’s ability to properly assess the physical and mental … them from future criminal behavior. Unfortunately, staff appears to be overwhelmed and short-handed, which may …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-audit-growing-number-youth-juvenile-justice-centers-risk-due-staff-shortagesDiNapoli: New York City Workforce Down Over 19,000, Largest Decline Since Great Recession
Attrition outpaces hiring among New York Citys municipal workforce which could have an impact on critical city services and programs according to a report released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-york-city-workforce-down-over-19000-largest-decline-great-recession