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DiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… is below: New York needs to boost financial education in our schools Young people in New York have a great … more. But we should also be focusing on financial literacy for the next generation to ensure young people have the … the New York State Education Department (SED) convened a Blue Ribbon Commission charged with examining the state’s …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… a new $50 million commitment to invest in Northern Ireland companies from the New York State Common Retirement Fund. The … Ireland’s competitiveness and its significant advanced manufacturing industry is poised to benefit. In this … has been allocated to investments in Northern Ireland’s manufacturing, tech and healthcare sectors. Including …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… A. Tierney today announced the arrest of former Town of Huntington employee Moses K. Johnson, 63, of Huntington, for allegedly stealing his mother’s public pension payments following her death in April of 2021. “Mr. Johnson allegedly took advantage of … A Tierney today announced the arrest of former Town of Huntington employee Moses K Johnson 63 of Huntington for …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… Local sales tax collections in New York state grew by 3% in July … $53.3 million compared to the same time last year. “Local sales tax growth in July continued at a moderate pace, … County had the largest decline at 12.1%. These monthly sales tax collections are from the cash distributions made to …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… P. DiNapoli announced the indictment of a 53-year-old Texas woman for allegedly stealing more than $65,000 in New … a deceased acquaintance. Christy Gibson, of Smith County, Texas, was indicted by Texas prosecutors and charged with one count of theft after … Thomas P DiNapoli announced the indictment of a 53yearold Texas woman for allegedly stealing more than $65000 in New …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… the impact of the gas tax holiday, was one of the main drivers for sales tax growth in 2022, reaching a higher rate … demand for goods cooled somewhat during the year, the price of those goods continued to rise, sustaining high …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… for all localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the … increase also surpassed pre-pandemic levels and was up 7% (or nearly $101 million) over October of 2019. “Sales … for all localities totaled more than $15 billion up $175 million from October 2020 …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… more than $1.5 billion, up nearly $204 million from August of last year. “New York’s local governments continue to see … 2020 when sales activity was recovering in certain parts of the state from the early effects of the pandemic. Still, August 2021 total collections were …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… the rebate procedures resulted in the state missing out on $183.7 million. The largest portion of money left on … to obtain rebates. DiNapoli’s audit found DOH missed out on $26.1 million in rebates from January 2017 to March …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… as personal income tax (PIT) receipts, the state’s largest source of revenue, lagged expectations, according to a … ago as personal income tax receipts the states largest source of revenue lagged expectations according to a midyear …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… steadfastly guard the pension system from fraud.” “As not only a law enforcement agency, but as taxpayers, we take …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… Authorities (IDAs) reported 4,324 active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 … number of IDA projects increased by 1.5%. “IDAs can play an important role in helping local economies and businesses … exemptions for IDA projects totaled almost $1.9 billion, an increase of $134 million, or 7.7%, over 2020. The largest …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… of dollars were spent on Medicaid Managed Long-Term Care (MLTC) costs for individuals who no longer qualified for … and may have also led to unsatisfactory long-term care for eligible patients in need,” said State Comptroller … and improve oversight of its managed long-term care program so that patients receive the services they are …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… to COVID-19 relief. For example, the audit found HCR had only committed about $98 million of the $127 million in CBDG …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… County District Attorney William Fitzpatrick announced today that Jason Cecile of the Syracuse City School … County District Attorney William Fitzpatrick announced today that Jason Cecile of the Syracuse City School Districts …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… Local government sales tax collections grew by 21.1%, or $901 million, in the first quarter of 2022 compared to the same period last … Local government sales tax collections grew by 211 or $901 million in the first quarter of 2022 compared to the same period last …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… competitive bidding scenario for the breakfast items, only to award a second procurement contract to Smart Starts …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… Local sales tax collections in May increased by 57.8 percent over the same month in 2020, the highest one month increase in recent history, State Comptroller Thomas P. DiNapoli announced today. Collections totaled $1.4 billion, up $530 million from … Local sales tax collections in May increased by 578 percent over the same month in 2020 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… rates in New York, which peaked at 16.2 percent in April 2020. Since then, New York’s unemployment rates have slowly … Labor reports that for the one-year period between April 2020 and March 2021, unemployment rates for people with … unemployment rate for all New Yorkers between April 2020 and March 2021 was 11.3 percent, an increase of 7.5 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021New York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… March 4, 2021 Edition Selected Economic Trends New York Unemployment 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 pandemic remains … A year after the first case of COVID19 was reported in New York State the …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021