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New York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… economic uncertainty are all factors that could affect results.” Despite increased market volatility, and the worst … not been withheld. DiNapoli also reported: The 2018 bonus pool for securities industry employees who work in New York … bonus season to an estimated $27.5 billion. The bonus pool in 2017 was $32.1 billion, the largest since the 2007 …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellState Agencies Bulletin No. 1130
… will be concatenated with appropriate personal service SFS Account Codes and loaded into the PayServ Account Code Table … by SFS. At the end of each payroll cycle, PayServ will create a Payroll Earnings Charge file for submission to SFS. … the same Cost Center as the original payroll. OSC will create a test version of the payroll charge register, labeled …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1130-payroll-processing-during-sfs-full-dress-rehearsalDiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… the rise,” DiNapoli said. “Continued fiscal discipline and maximum transparency will be key going forward. The costs for … The city expects its $5.1 billion budget shortfall in FY 2025 to reach $7.9 billion in FY 2027, with cumulative gaps … has identified budgetary risks of $4.8 billion in FY 2025, $6.6 billion in 2026, and $8.3 billion in FY 2027, and …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomImplications for the Future – 2022 Financial Condition Report
… significantly more going directly to local governments, school districts, businesses and individuals. In addition, …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureDiNapoli Reaffirms Commitment to DEI Initiatives
… Fund (Fund), today announced various initiatives to address diversity, equity, and inclusion (DEI) issues at … and problem-solving capabilities, and ultimately lead to improved shareholder value. Including people with … are critical drivers of business success. Failure to establish robust DEI policies and practices can result in …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… Four Out of Five Small Businesses in NY Continue to Report a Negative Overall Impact From COVID-19 One year since the … $51.9 billion. The recently enacted American Rescue Plan Act of 2021 authorizes several new and continuing … fourth highest in the nation, it will likely benefit a great deal from this fund. Budget American Rescue Plan Act of …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021State Comptroller DiNapoli Releases School Audits
… Free School District , Lyme Central School District , Red Creek Central School District , Sandy Creek Central … of June 30, 2016, or nearly $979,000 over the legal limit. Red Creek Central School District – Financial Condition …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-school-auditsPayroll Improvement Project Bulletin No. PIP-014
… to calculate the total pensionable earnings. Enter the Check Date Owed. This is the check date the arrears are owed for. Enter the Pensionable … row 14 into the Total Pensionable Earnings Field. Save your Arrears Worksheet. If OSC has any questions on your …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-014-orpvdc-arrears-deductionsAdministration of the CityFHEPS Program for Department of Homeless Services Shelter Residents
… To determine whether the NYC Department of Social Services is administering the City …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/administration-cityfheps-program-department-homeless-services-shelter-residentsHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program
… Contract Administration Program (PBCA), and the COVID Rent Relief Program (COVID RRP) to ensure they meet requirements; and whether HCR … and the PBCA across the State. HCR also administered the COVID RRP, which was established by the State as part of the … Contract Administration Program PBCA and the COVID Rent …
https://www.osc.ny.gov/state-agencies/audits/2023/03/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingDiNapoli: People With Disabilities in New York City Have Higher Unemployment Rates and Lower Incomes
… People with disabilities in New York City face the same challenges as those elsewhere in the nation, including obstacles to employment, higher … Employment Awareness Month with the Mayor’s Office for People with Disabilities. “There is a stark disparity in … People with disabilities in New York City face the same …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-people-disabilities-new-york-city-have-higher-unemployment-rates-and-lower-incomesSUNY Bulletin No. SU-234
To notify SUNY agencies of the new SUNY Police eligibility for the Police and Fire Retirement System PAF and provide instruction for transferring employee enr
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-234-state-university-police-officer-eligibility-police-andDiNapoli: Recently Enacted Federal Tax Provisions Disproportionately Benefit Those With Higher Incomes
… Tax Cuts and Jobs Act (TCJA), it includes new tax breaks for seniors and the working class that are largely temporary, … interest on new car loans are in effect only for tax years 2025 to 2028, and limited to taxpayers with Social Security … parking lot and coat room attendants, who will benefit from the deduction for tipped income, could potentially have …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-recently-enacted-federal-tax-provisions-disproportionately-benefit-those-higher-incomesDiNapoli: MTA Fiscal Outlook Continues To Improve but Uncertainties Tied to Federal Actions Cloud Future
… The stability of the Metropolitan Transportation Authority’s (MTA) finances is increasingly reliant on its ability to find significant … The stability of the Metropolitan Transportation Authoritys MTA finances is increasingly reliant on its ability to find significant …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-mta-fiscal-outlook-continues-improve-uncertainties-tied-federal-actions-cloud-future“Nation’s Report Card” Underscores New York’s Need for Academic Recovery
… most in need to make up for learning loss, while pandemic relief funds for education are still available. New York’s … FIGURE 5: New York State Allocations of Federal Pandemic Relief for Education (in millions) Coronavirus Aid, Relief, and Economic Security (CARES) Act Coronavirus …
https://www.osc.ny.gov/reports/nations-report-card-underscores-new-yorks-need-academic-recoveryVillage of Candor – Fund Balance (2017M-148)
… May 31, 2017. Background The Village of Candor is located in the Town of Candor in Tioga County and has a population of approximately 850. … Although fund balance declined by $117,000 (35 percent) in 2016-17, the balance as of May 31, 2017 was $213,000, or …
https://www.osc.ny.gov/local-government/audits/village/2017/10/27/village-candor-fund-balance-2017m-148Chautauqua Utility District – Banking (2017M-121)
… 1, 2014 through March 27, 2017. Background The Chautauqua Utility District, which is located within the Town of … Chautauqua Utility District Banking 2017M121 …
https://www.osc.ny.gov/local-government/audits/district/2017/10/13/chautauqua-utility-district-banking-2017m-121Fulton City School District – Non-Payroll Cash Disbursements (2017M-144)
… Purpose of Audit The purpose of our audit was to determine whether District officials established a sufficient segregation of duties or compensating controls for non-payroll cash …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/13/fulton-city-school-district-non-payroll-cash-disbursements-2017m-144Town of Moreau – Budgeting and Multiyear Planning (2017M-185)
… Purpose of Audit The purpose of our audit was to determine whether the Board adopted realistic and structurally balanced budgets and took action to maintain a reasonable amount of fund balance for the … 5 increased by $1.4 million during the audit period due to inadequate budgetary estimates. The Board has not adopted …
https://www.osc.ny.gov/local-government/audits/town/2018/04/13/town-moreau-budgeting-and-multiyear-planning-2017m-185Chenango Valley Central School District -- Budget Review (B18-4-3)
… Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation of the District’s proposed budget for the 2018-19 fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2018/04/06/chenango-valley-central-school-district-budget-review-b18-4-3