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14th Annual Emerging Manager & MWBE Conference
… MBA from the University of Chicago. Fireside Chat with NYS Comptroller Play Video Speakers Thomas P. DiNapoli New …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferenceLocal Sales Tax Data, Reports and Resources
… 2023, up 4.2 percent (or nearly $919 million) compared 2022. This past year’s growth lagged compared to both 2021 and 2022, when a combination of rising inflation and a surge in … Local Sales Tax Collections Grew by 12.7 Percent in 2022 February 2023 Local sales tax collections in New York …
https://www.osc.ny.gov/local-government/resources/local-sales-tax-data-reports-and-resourcesReview of the Enacted Budget: State Fiscal Year 2021-22
… these resources will support the largest budget in State history: $212 billion, or almost 10 percent greater than last … Economic Indicators, DOB Forecast in April 2020 and Actual Results, Calendar Year 2020 DOB Projected Actual (annual … The SFY 2021-22 Enacted Budget includes actions that will result in a net revenue increase of $3.65 billion in SFY …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22DiNapoli Announces State Contract & Payment Actions for January 2015
… of Temporary and Disability Services $15.9 million for 18 grants for the Solutions to End Homelessness program, … City region. Department of Transportation $80 million for 18 contracts for bridge-related work including: $22.3 million …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-state-contract-payment-actions-january-2015DiNapoli: Governor Cuomo's Proposed Budget Continues Fiscal Progress
… continues efforts to control costs while tackling tough issues, according to a report released today by State Comptroller Thomas P. DiNapoli. The report … Executive Budget proposal and the Enacted Budget. He also issues monthly reports on the state’s cash position. The …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-governor-cuomos-proposed-budget-continues-fiscal-progressState Comptroller DiNapoli Releases Analysis of Enacted State Budget
… felony offenses, and makes statutory changes to the discovery process and other revisions intended to promote …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-analysis-enacted-state-budgetDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… Metropolitan Transportation Authority (MTA) has two years to bring back riders and rebuild fare revenue before federal … to a report on MTA’s financial outlook released today by New York State Comptroller Thomas P. DiNapoli. “The serious …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… released by New York State Comptroller Thomas P. DiNapoli today. By March 2022, the city recovered just under 71% of … losses has left the city with an unemployment rate of 6.5%, 2.8 points higher than the February 2020 level of 3.7%, … the state reached its February 2020 rate of 4% by October 2021. “New York City suffered heavy job losses from the shock …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceLocal Government – 2023 Financial Condition Report
… Real property tax revenues are the largest source of revenue for local governments. In local fiscal years … taxes accounted for $38.1 billion, or 42.1 percent, of total revenue ($90.5 billion) for local governments outside of New York City. School districts, towns, and villages …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… withdrawn by the Fund. Climate Risk Shareholder Proposals in 2022 GHG Reduction Targets DiNapoli filed proposals … Risks Reporting DiNapoli and the Fund joined Impax Asset Management in pioneering a new type of shareholder proposal … to address these risks. Accounting for Climate Change Business Impact DiNapoli joined with CalSTRS to file a …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksImplications for the Future – 2021 Financial Condition Report
… of the year, DOB was able to avoid making $8.2 billion in local assistance reductions, make over $3 billion in debt … and pay off more than $900 million in amortized pension payments. New Yorkers consistently pay more in … allowed levels and approximately 3.3 percent of General Fund spending. These funds were insufficient in the face of a …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureOpinion 90-48
… district to a bus company for transportation of students. You state that the bus company has an office and outdoor … based solely on the allegations of these residents, may find the bus company not to be a responsible bidder. General … of the contract in question after competitive bidding, we do not believe it would be appropriate for this Office to …
https://www.osc.ny.gov/legal-opinions/opinion-90-48Opinion 88-67
… officer or employee has an interest in any contract with his or her municipality if the officer or employee … 802 (General Municipal Law, §803[2]). In accordance with the above provisions of Article 18, the mayor, as a … clearly would have section 801 functions in connection with those contracts (see, e.g., Village Law, §§4-400, 4-412, …
https://www.osc.ny.gov/legal-opinions/opinion-88-67Opinion 89-60
… employee from disclosing confidential information acquired by him or her in the course of his or her official duties or …
https://www.osc.ny.gov/legal-opinions/opinion-89-60Opinion 88-77
… that recent court cases have held public officials to a high standard of conduct and, on occasion, have negated …
https://www.osc.ny.gov/legal-opinions/opinion-88-77State Comptroller DiNapoli Releases Municipal & School Audits
… effectively manage the financial operations of the water fund, establish adequate reserves or develop long-term …
https://www.osc.ny.gov/press/releases/2024/03/state-comptroller-dinapoli-releases-municipal-school-audits-2State Contract and Payment Actions in February
… Behavioral Health for the administration of the Empire Plan’s mental health and substance use disorder program. … contractors. Cumulatively through February for calendar year 2024, DiNapoli’s office approved 3,026 contracts valued …
https://www.osc.ny.gov/press/releases/2024/04/state-contract-and-payment-actions-februaryDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… today outlined the Fund’s stewardship priorities for 2024, including setting expectations related to climate … and voting, aim to achieve just that. As we start the 2024 proxy season, I am confident that our stewardship … plan that failed in the previous year’s “say on pay” vote. To provide transparency around the Fund’s voting, …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued. Department of … reasonable and necessary. A prior audit, issued in October 2022, found that, outside of OTDA’s oversight processes for … and repair services. A prior audit, issued in June 2022, found DOCCS performed limited to no central monitoring …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-auditsDiNapoli: SED Needs To Improve Oversight of School Districts' English Language Learners Programs
… learners.” SED data show that, as of August 2022, the four-year dropout rate for ELLs was 16%, notably higher than the … be critical to the future success of these students. Each year, school districts are required by state regulation to …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-sed-needs-improve-oversight-school-districts-english-language-learners-programs