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NYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for … The New York State Common Retirement Funds Fund estimated …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… quarter of state fiscal year 2016-2017 was 3.51 percent for the three-month period ending Sept. 30, 2016, with an … sustainable returns that provide retirement security for our 1.1 million members, retirees and their … quarter of state fiscal year 20162017 was 351 percent for the threemonth period ending Sept 30 2016 with an …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Wall St. 2021 Profits near Record Levels
… pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now about 125 member firms, …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: 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 faced … New York City was the early epicenter of the COVID19 pandemic outbreak …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… energy goals, has made good progress on reaching its goals for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025, according to a report from New York State … have underperformed,” DiNapoli said. “It is important for the state’s climate goals that these funds are used …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsDiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… apartments. The city’s Housing Development Corporation (HDC) performs physical inspections of the developments, and HPD relies on HDC reports to determine whether developments are being … claimed they never received notice about the issues from HDC or HPD, while managing agents at Arlington Terrace/North …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesDiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional
… prohibition on using public funds for private purposes. “Exposure to lead from water service pipes is a public health … to the funds announced by Governor Hochul earlier this year and supported in the state budget through the …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutionalDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… displays funding, staffing levels and service performance for 36 city agencies. This data is updated regularly and … (1,396), Fire Department (17,095), Administration for Children’s Services (6,455), Department of Health and … a reported decline of at least 50% of tracked services. For example, the Law Department saw the number of cases …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… personal income tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The … taxpayer movement, with net out-migration quadrupling in 2020 compared to the prior year. While declining in 2021, the … The report examines PIT filings for the pandemic years of 2020 and 2021 and follows up on DiNapoli’s May 2022 report …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli: NYC Budget Benefiting From Strong Economy
… are likely to exceed last year’s $16 billion.” Mayor de Blasio’s administration intends to use the projected …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: State Tax Collections Dip
… last year and $454.1 million below projections, according to the June state cash report issued today by State … P. DiNapoli. “Personal income tax collections are off to a slower than expected start. The first quarter of the … may improve going forward, the state should be prepared to take action if revenue remains below estimates.” Total …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipDiNapoli Releases Mid-Year State Cash Report and Review
… through September, according to the state monthly cash report and a mid-year report on revenue trends, … projections. "Midway through the fiscal year, New York’s cash position continues to improve,” DiNapoli said. “Tax … updated projections. DiNapoli's office issues a state cash report every month identifying actual state revenues and …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-releases-mid-year-state-cash-report-and-reviewDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… Medicaid," DiNapoli said. "With these risks in mind, Mayor de Blasio and the city have prudently increased reserves to …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 89-8
… issues discussed in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the Office of the … to establishment by school district in Adirondack Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for … to establishment by a school district in Adirondack Park) STATE COMPTROLLER -- Approval by (for establishment of …
https://www.osc.ny.gov/legal-opinions/opinion-89-8Opinion 91-9
… of Second Class Cities Law) SECOND CLASS CITIES LAW, §§4, 75; MUNICIPAL HOME RULE LAW, §23(2)(f): A city of the second … has implied authority under Second Class Cities Law, §75 to include in its annual estimate a reasonable amount for … class which is governed by Second Class Cities Law, §75 may not increase any item in the annual estimate submitted …
https://www.osc.ny.gov/legal-opinions/opinion-91-9DiNapoli: Audit Shows Former Highway Superintendent Took Taxpayers for a Ride in Town of Erin
… September 2013, Burlew submitted at least 178 fraudulent vouchers to the town without detection, totaling $68,501. … attached the invoices for these personal purchases to town vouchers to make it appear that the items were bought for …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-audit-shows-former-highway-superintendent-took-taxpayers-ride-town-erinDiNapoli Releases April State Cash Report
… "The fiscal year is off to a rocky start. Tax collections for the first month of the fiscal year were nearly $1 billion … from payments made with annual tax returns and requests for filing extensions as well as an increase in refunds. The … $1.1 billion, or 10.9 percent, higher than last year for the same period. Significant increases include spending …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-releases-april-state-cash-reportDiNapoli: NYC Budget Benefits From Stronger Economy
… with each year,” DiNapoli said. “To his credit, Mayor de Blasio has taken steps to increase the city’s reserves, … in FY 2015 and by a similar amount in FY 2016. Mayor de Blasio has also proposed increasing the city’s ten-year …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… totaled $106.4 billion, over $2 billion higher than forecast by the Division of the Budget (DOB) in the most … the projection in the Consensus Economic and Revenue Forecast Report, which estimated $1.35 billion in additional … in the final quarter of the year were higher than DOB forecast. Consumption and use taxes, which includes sales …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli Releases October State Cash Report
… million lower than the Division of the Budget’s (DOB) latest projections but $1.9 billion higher than April … Year-to-date tax collections were $5.4 million over the latest projections (released Nov. 5) and nearly $1.7 billion … $1818 million lower than the Division of the Budgets latest projections but $19 billion higher than April …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-releases-october-state-cash-report