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Changes 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
… state employees and retirees around the state. The added bonus of investing in a New York business and growing our …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: L.I.C., Sunnyside and Woodside Are Drivers of Economic Growth in Queens
… have their own distinct personalities, but together they are contributing to the borough’s business growth, share of … the population employed, median household income and new housing, according to a report from State Comptroller Thomas … can use as they continue their efforts to ensure these are great neighborhoods to live, work and go to school in.” …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-lic-sunnyside-and-woodside-are-drivers-economic-growth-queensAudit Finds Construction Delays in Public Housing Program Across New York State
… in November 2003, and by November 2005 approximately $4.67 million in funding was available for a project that …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… the industries that were most affected, and the areas, Brooklyn and the Bronx, that saw the highest increases. … neighborhoods seeing particularly dramatic increases. In Brooklyn, Bedford Stuyvesant had 35% more businesses, Bushwick had 30% more and Crown Heights North had 27% more. These neighborhoods were also home to …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… Modernization, $5.65 billion. Network Expansion: Second Avenue Subway (SAS), $5.23 billion. Administrative and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: 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 than 68% … largest increase among selected major metropolitan areas in the U.S., according to a new report from New York State … Housing costs in New York City and the surrounding suburbs have grown more …
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
… Newsday on Monday published an op-ed from New York State Comptroller Thomas P. DiNapoli and New York State Education Commissioner Betty A. Rosa. The full … high schools Financial literacy should be taught in all New York schools. When students take a financial literacy …
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 violations in New York City have led to significant delays in holding violators … Weaknesses in how the state Department of Labor DOL investigates labor law violations in New York City have led to significant delays in holding violators …
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 … can be successfully implemented, as evidenced by some of our schools already offering a personal finance class. For … providing peace of mind. Let’s put financial acumen into our kids’ educations. Op-Ed New York needs to boost …
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
… III, U.S. Department of State Special Envoy for Northern Ireland Economic Affairs and Bernard McGuire, Managing … a new $50 million commitment to invest in Northern Ireland companies from the New York State Common Retirement … a Washington D.C. based investment manager. “Northern Ireland’s dynamic economy has proven a good investment for …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations , or by …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… $1.82 billion, up $53.3 million compared to the same time last year. “Local sales tax growth in July continued at a … reflects reported sales by vendors. The next quarterly numbers (for July to September) will be available in October. …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… halted. In June of that year, the retirement system sought verification that Mary Walsh was still alive and subsequently received notarized verification, purportedly from Mary Walsh. As a result, the … Office found that Mary Walsh was in fact deceased, and the verification was fraudulent. In total, 70 pension payments …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsDiNapoli: 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 … Local government sales tax collections in New York state totaled $221 billion in calendar year 2022 …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Local sales tax collections in New York grew by 12.9% in October … a year ago, State Comptroller Thomas P. DiNapoli announced today. Collections for all localities totaled more than $1.5 … growth continues the trend that began in April of monthly sales tax collections exceeding last year’s results. …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… more than $1.5 billion, up nearly $204 million from August of last year. “New York’s local governments continue to see … 2020 when sales activity was recovering in certain parts of the state from the early effects of the pandemic. Still, … and Finance reconciles quarterly distributions against what had been reported by sales tax vendors for the reporting …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… costs and save taxpayers money by making sure it gets the drug rebates that it is entitled to under federal … shows that it can certainly do a lot more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower … Medicaid Administration — that sends rebate invoices to drug manufacturers. Although DOH made notable improvements …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: 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 percent) to … a year ago as personal income tax (PIT) receipts, the state’s largest source of revenue, lagged expectations, according to a mid-year report on revenue and monetary settlements released today by New …
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
… and continue to steadfastly guard the pension system from fraud.” “As not only a law enforcement agency, but as … seriously,” said Assistant District Attorney Erin Bates, who is handling the prosecution of this case. “Building trust … 1991 and was receiving a pension via direct deposit into a bank account jointly held with his daughter, Alayne …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-payments