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New York’s Economy and Finances in the COVID-19 Era
… that was newly charged against the CRF, after the U.S. Treasury Department advised states that CRF resources may be …
https://www.osc.ny.gov/reports/covid-19-january-7-2021DiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… in the gas tax holiday,” DiNapoli said. “However, it is important that local officials continue to monitor …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… Economic Trends Total New York Wages Fell $12.5 Billion in Second Quarter In the second quarter of 2020, total wages paid in New York … In the second quarter of 2020 total wages paid in New York State declined by $125 billion or 74 percent in …
https://www.osc.ny.gov/reports/covid-19-december-16-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New … Above 1 Million After losing more than 1.9 million jobs in March and April, New York State saw steady gains, averaging over 174,000 jobs in each of the following five months. That progress nearly …
https://www.osc.ny.gov/reports/covid-19-december-2-2020New York’s Economy and Finances in the COVID-19 Era
… August, more than 320,000 were in accommodation and food services. These losses represented 41 percent of jobs in the … and one in every four jobs lost in all sectors statewide. Workers in this industry are disproportionately likely to be … than half the overall average for the State of $75,367. Retail trade, another sector with comparatively low wages, …
https://www.osc.ny.gov/reports/covid-19-september-30-2020DiNapoli: Local Sales Tax Collections Up Nearly 16% in April
… Schenectady County was the only county to see a decline, down 12.6% in April. Among cities that impose their own …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-local-sales-tax-collections-nearly-16-percent-aprilRecent Trends and Impact of COVID-19 in the Bronx
… Major index crime in the Bronx (which includes murder, rape, felony assault, robbery, burglary, grand larceny and …
https://www.osc.ny.gov/reports/osdc/recent-trends-and-impact-covid-19-bronxDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… renewable assets including onshore and offshore wind and solar, as well as climate infrastructure assets that support … will target investments in renewable power assets such as solar and wind. Background on Climate Investment Actions … the nation. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) … through February were $7584 million higher than forecast in the most recent Division of the Budget update to …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… New York City was the early epicenter of the COVID-19 pandemic outbreak, but many small businesses hit hardest were initially left out of the federal Paycheck Protection Program (PPP) because they … small businesses, but it has proven difficult for many of New York City’s mom-and-pop operations to navigate,” …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: Local Sales Tax Collections Grew by 14% in October
… year-over-year growth since May, despite the participation of many counties in the gas tax holiday,” DiNapoli said. … collections totaled almost $789 million, an increase of 17.3% – or $116 million – over October of 2021. Nearly all counties saw some year-over-year growth …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state rose by … according to State Comptroller Thomas P. DiNapoli . Sales tax collections during this period grew by just over $1.6 … the state, much of which had begun to see increasing sales tax collections starting as soon as the third quarter of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… tax levy growth will be limited to 2% for a third time in four years for local governments with calendar fiscal … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In 2021, the allowable levy growth was 1.56%. The Office of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022New York’s Economy and Finances in the COVID-19 Era
… 2,274 10.5% Orange 114,391 11,124 10.8% Orleans 11,372 696 6.5% Oswego 34,792 2,417 7.5% Otsego 13,529 1,153 9.3% …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York’s Economy and Finances in the COVID-19 Era
… Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the … earlier this year, New York surpasses almost every other in both number and percentage of job losses. From February … August 2020, the Empire State ranks second to Hawaii in percentage of employment decline and second only to …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… and 295,000. New York State Budget and Spending The U.S. Treasury Department has provided further flexibility for … In updated information released on October 19, the Treasury authorized use of CRF allocations to offset refunds … previously , increased flexibility provided by the Treasury may allow the State to reduce General Fund costs …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its … to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus … Amidst the economic tumult brought on by the COVID19 pandemic the securities industry saw its …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to … billion for counties and cities, or $111 million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustNew York’s Economy and Finances in the COVID-19 Era
… households expect a loss of employment income within the next four weeks, according to new data from the Census … or foreclosure will happen to their household within the next two months. In addition, one-third said that it has been … households expect a loss of employment income within the next four weeks according to new data from the Census Bureaus …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New … 28% of Lost Jobs Have Been Regained Through July; in NYC, 17% While New York State has regained more than one in four of the jobs it lost in March and April, the … While New York State has regained more than one in four of the jobs it lost in March and April the …
https://www.osc.ny.gov/reports/covid-19-september-2-2020