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NYC Surplus Projected to Reach $550 Million in FY 2020
… thriving with historically low unemployment, strong Wall Street profits and record tourism,” DiNapoli said. “The risk … in the first three quarters of the year. Stronger Wall Street profits are likely to yield additional tax revenue for …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Approved State Contracts and Payments
… management in New York City. $1.2 million to Food Bank for New York City for the Hunger Prevention & …
https://www.osc.ny.gov/press/releases/2018/01/approved-state-contracts-and-paymentsImproper Fee-for-Service Pharmacy Payments for Recipients With Third-Party Health Insurance (Follow-Up)
… on FFS pharmacy payments were made. The audit also found claim processing improvements could be made to prevent TPHI … to provide information about any actions planned to address the unresolved issues discussed in this follow-up …
https://www.osc.ny.gov/state-agencies/audits/2025/06/18/improper-fee-service-pharmacy-payments-recipients-third-party-health-insurance-followAdequacy of 2021 Budgets - Town of Bolton (S9-21-1)
… evaluation of the Town’s adopted budget for the 2021 fiscal year. Background The COVID-19 pandemic (pandemic) … on their financial operations while developing their 2021 fiscal year budgets, our office conducted reviews of 20 … developing estimates for significant expenditures in the 2021 adopted budget. However, due to uncertainties in …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/07/adequacy-2021-budgets-town-bolton-s9-21-1DiNapoli Op Ed in Times Union
… The Times Union published an op ed by New York State Comptroller Thomas P. DiNapoli on the need for … is using AI responsibly, ethically and transparently. Times Union Op Ed Commentary: New York Needs Better … The Times Union published an op ed by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-op-ed-times-unionDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August were 15.5% higher than they were during the same period in 2020, making it the fifth consecutive month that collections exceeded 2020 results, State … more than $1.5 billion, up nearly $204 million from August of last year. “New York’s local governments continue …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentReview of the Financial Plan of the City of New York - July 2011
On June 29, 2011, New York City adopted a $65.9 billion budget ($46.5 billion in City funds) for FY 2012, which began on July 1, 2011.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2012.pdfTown of Hempstead – Budgeting (2021M-169)
… [ read complete report - pdf ] Audit Objective Determine if the Town of … Law. Town officials also did not effectively monitor the annual budgets. Town officials levied $37.6 million more in … budget adjustments totaling $69.1 million between nine and eleven months after the year end. Key Recommendations Present …
https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-hempstead-budgeting-2021m-169State Comptroller DiNapoli Releases Municipal Audits
… herself for more time than she was entitled, resulting in overpayments of about $12,800. Rockland County – Budget … that the significant revenue and expenditure projections in the 2023 proposed budget are reasonable. The 2023 proposed … of approximately $560,000 from the actual revenue received in the 2021 fiscal year and an $8.6 million decrease from …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-releases-municipal-auditsAdministration of the CityFHEPS Program for Department of Homeless Services Shelter Residents
… Objective To determine whether the New York City Department of Social Services is administering the City Fighting Homelessness and Eviction Prevention Supplement … 2019 through December 2023. About the Program New York City has long been plagued by a shortage of affordable …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/administration-cityfheps-program-department-homeless-services-shelter-residentsDiNapoli: State Medicaid Needs to Stop Paying Bills That Federally Funded Plans Should Cover
… health care plan, such as the Essential Plan or Medicare, should have paid. These shortcomings are … plans. Medicaid Paying Costs That Should Be Covered By Medicare Most individuals receiving Medicaid are required to apply for federally-funded Medicare at age 65. Under DOH’s supervision, local …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-state-medicaid-needs-stop-paying-bills-federally-funded-plans-should-coverReport on the State Fiscal Year 2018-19 Executive Budget, February 2018
Recent changes to the federal government’s spending and tax policies are driving immediate budgetary challenges for New York State, while also causing significa
https://www.osc.ny.gov/files/reports/pdf/budget-executive-2018-19.pdfThe Securities Industry in New York City, October 2023
The securities industry saw record performance in 2020 and 2021, facilitated by lower borrowing costs and increased liquidity resulting partly from the federal government’s policy response to the pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2024.pdfState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Town of … of Niagara Falls and the Village of Sagaponack . "In today"s fiscal climate, budget transparency and … New York State Comptroller Thomas P DiNapoli today announced his office completed audits of the Town of …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-releases-municipal-audits-0Layers of Debt: Trends and Implications for New York’s Local Governments
LOCAL GOVERNMENT ISSUES IN FOCUS
https://www.osc.ny.gov/files/local-government/publications/pdf/lgdebt.pdf2022 Women’s History Month Celebration
… Comptroller Thomas P. DiNapoli pays tribute to one of New York’s great leaders: the Honorable Andrea Stewart-Cousins, Majority Leader of the New York State Senate. As the first woman—and … State Comptroller Thomas P DiNapoli pays tribute to one of New Yorks great leaders the honorable AndreaStewart Cousins …
https://www.osc.ny.gov/events/2022-womens-history-monthCity of Poughkeepsie Industrial Development Agency – Project Approval and Monitoring (2021M-168)
… cost-benefit analyses, project agreements and uniform tax exemption policies. The Board cannot verify two projects’ …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2022/07/08/city-poughkeepsie-industrial-development-agency-projectVI.4 Reappropriations Overview – VI. Budgets
… 40 there are four lapse dates in each fiscal year: June 30, September 15, September 30 and March 31. When a lapse date falls on a weekend or holiday, the lapse date within SFS will …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi4-reappropriations-overviewReport on the State Fiscal Year 2025-26 Executive Budget
The Executive Budget for Fiscal Year 2026 has been released at a time of great uncertainty. Federal funding is the State’s largest source of revenue, and is estimated by the Division of Budget to total $93.1 billion in State Fiscal Year 2025-26.
https://www.osc.ny.gov/files/reports/budget/pdf/executive-budget-report-2025-26.pdfMedicaid Program – Improper Medicaid Payments During Permissible Overlapping Medicaid and Essential Plan Coverage
… payments on behalf of recipients with Department of Health-authorized overlapping Medicaid and Essential Plan … through November 2022. About the Program The Department of Health (Department) administers New York’s Medicaid program, which provides health care services to individuals who are economically …
https://www.osc.ny.gov/state-agencies/audits/2023/09/14/medicaid-program-improper-medicaid-payments-during-permissible-overlapping-medicaid-and