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DiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… Drum area ranked lowest among areas for which data are available, at $23,500. The Bronx, with a $27,600 average …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… of Health (DOH) failed to collect nearly $120 million in available rebates over a 33-month period from prescription … from drug companies,” DiNapoli said. “DOH must be diligent in its pursuit of rebates and do all it can to save money. … These actions should greatly benefit New York taxpayers.” In 1990, Congress created the Medicaid Drug Rebate Program to …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but tax changes and … by State Comptroller Thomas P. DiNapoli. "Major shifts in federal fiscal policies constitute the greatest risk to … may lie ahead, depending on the effects of what happens in Washington." The November update to the city’s four-year …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… The New York State Common Retirement Fund (Fund) received a $33.8 … The Fund made nearly six times its original investment of $6 million, or a 25 percent internal rate of return. “We … in Autotask,”said DiNapoli. “As part of the Fund’s diverse investment strategy, the In-State Program helps …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … Thomas P. DiNapoli announced today. The Fund invested in 5LINX through its In-State Private Equity Program, which seeks profitable …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… a complaint online at [email protected] , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the second consecutive year and the average bonus paid to industry employees in New York City jumped 17 percent to reach $184,220 … higher tax revenues," DiNapoli said. "The large increase in profitability over the past two years demonstrates that …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… budget gaps. The budget gap for FY 2018 has been reduced from $2.8 billion to $2.2 billion, and the gaps for fiscal … federally funded. The city also anticipates $731 million from the sale of taxi medallions during fiscal years 2018 …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… New York state ranked first nationwide in nonprofit jobs and organizations, with nearly 1.3 million employees and more than 31,000 organizations in 2012, according to a report released today by State … more than 18 percent of all private sector employment in the state. “Nonprofits take care of New Yorkers, whether …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase compared to … increased by 1.5%. “IDAs can play an important role in helping local economies and businesses expand. This report … the period increased 76% from $16.5 million per project in 2011 to $29.2 million in 2021. County IDAs were …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… The state Department of Health can do more to control costs and … provides vital access to healthcare for millions of New Yorkers, which is why we cannot afford to allow mistakes … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… Tax collections through the first half of the state fiscal year (SFY) fell $1.3 billion (3.5 … income tax (PIT) receipts, the state’s largest source of revenue, lagged expectations, according to a mid-year … balance was $9.6 billion, primarily reflecting receipt of settlement money the state has largely committed for …
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
… Alayne Bertolino for allegedly stealing more than $240,000 in New York state pension payments made to her deceased … is handling the prosecution of this case. “Building trust in public institutions requires us to hold people accountable … April 14, 2023. The charges filed in this case are merely accusations and the defendant is presumed innocent unless and …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider
… plea in U.S. District Court by Joseph L. Junkovic related to a scheme to defraud the state Health Department (DOH), … a strong message to others who might defraud the state. I commend U.S. Attorney Bharara and his staff for their work to bring Mr. Junkovic to justice, and I will continue to work with United States Attorneys and …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-providerDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more … largest increase among selected major metropolitan areas in the U.S., according to a new report from New York State Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the surrounding suburbs have risen …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… op-ed is below: We should be teaching financial literacy in NY's high schools Financial literacy should be taught in all New York schools. When students take a financial … and informed to make important financial decisions in the future that could impact their long-term financial …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… Weaknesses in how the state Department of Labor (DOL) investigates labor law … or are still in active investigation. Moreover, DOL does not have a process in place to identify which child …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli 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 knowledge of many subjects, but they … program. I issued an Executive Order on Financial Literacy in 2019 directing my office to identify ways to enhance New …
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
New York State Comptroller Thomas P DiNapoli was joined in Belfast by Joseph Kennedy III US Department of State Special Envoy for Northern Ireland Economic Affairs and Bernard McGuire Managing Director of 57 Stars to announce a new $50 million commitment to invest
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-ireland