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DiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… shows the problems have gotten worse. DHBTF spending for capital projects declined between state fiscal year (SFY) … 17 cents of every dollar spent from DHBTF supported a new capital investment. “New York is at a crossroads. Far too … on operational costs. There are four major sources of revenue in the DHBTF: taxes and fees, bond proceeds, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli: New Yorkers’ Debt on the Rise
… Yorkers trail the national average debt burden ($55,810), student loan and credit card debt per capita were well above the national average, with student loan balances 335% higher than they were in 2003, … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-new-yorkers-debt-riseDiNapoli: NY's Homeownership Rate Lowest in the Nation
… New York state has the lowest homeownership rate in the nation, driven by low rates in New York City, according to a report released today by State … New York state has the lowest homeownership rate in the nation driven by low …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationDiNapoli Announces State Contract & Payment Actions for May 2014
… $10 million due to fraud, waste or other improprieties. As the state’s chief financial officer, DiNapoli’s office … are reasonable, the playing field is level and taxpayers get the best value for their money. The independent audits … to added transparency via his Open Book New York website. Highlights for May 2014: Major Contracts Approved …
https://www.osc.ny.gov/press/releases/2013/06/dinapoli-announces-state-contract-payment-actions-may-2014DiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… The state’s Enacted Budget Financial Plan anticipates a dire … cuts that could affect essential services provided by the state, schools and local governments, according to an … and aging New Yorkers are among those who may suffer the loss of services. Programs that help fund front-line …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookDiNapoli: NYC Sales Tax Collections Strong Due to Tourism and Commuter Return, Fueling Statewide Strength
… New York City’s taxable sales grew by 18.1% in the first three quarters of the latest sales tax year (STY, March 2022 to February 2023), with leisure and hospitality sales on track to exceed pre-pandemic levels, according to a … New York Citys taxable sales grew by 181 in the first three quarters of the latest …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strengthDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… in public housing have not yet received funds from it and rental burdens for low-income New Yorkers remain high, … As of May 2023, the federal- and state-funded Emergency Rental Assistance Program (ERAP) distributed nearly $3.1 … to new applications in January 2023. The state’s enacted budget includes $356 million for households with existing …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… have helped New York City’s fiscal year (FY) 2024 budget generate a projected year-end surplus of $3.9 billion … year, helping the city balance its FY 2025 executive budget, according to a report released today by State … Thomas P. DiNapoli. Still, DiNapoli cautions that budget gaps are likely to be larger-than-anticipated by the …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… is an environment that demands CCTVs and other devices get inspected and maintained regularly. When security equipment fails it can have severe consequences.” MTA has taken steps to secure … maintenance. Transit prioritizes repairs based on how wide their impact is, their location and the severity of …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderState Agencies Bulletin No. 1198
… Automated Interface submissions: New Hire transactions Rehire, Concurrent Hire and Transfer transactions Note: This … types of transactions (i.e., New Hire Transactions and Rehire, Concurrent Hire and Transfer transactions. It is … AI agencies can submit Concurrent Hire transactions, Rehire transactions, and/or Transfer Request transactions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1198-changes-automated-interface-transaction-processing-ai-agencies-onlyNorth Brookfield Fire District – Board Oversight (2026M-2)
… reports and file required AFRs with the Office of the New York State Comptroller (OSC). As a result, the Board had … and OSC’s authority as set forth in Article 3 of the New York State General Municipal Law (GML). Our methodology … initiate corrective action. Pursuant to Section 181-b of New York State Town Law (Town Law), a written corrective …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/05/08/north-brookfield-fire-district-board-oversight-2026m-2DiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… a critical contributor to its economy and tax base, as market values reached nearly $205 billion in fiscal year (FY) … York State Comptroller Thomas P. DiNapoli. These higher market values are being fueled by growth outside of … districts in the outer boroughs have helped increase market values, which ultimately will remain a key contributor …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceXI.5 Purchase Authorizations – XI. Procurement and Contract Management
… for review. ( Exception: If the contract provides for a guaranteed minimum purchase, OSC will require a pre-encumbrance reserving funds for the guaranteed purchase amount.) See XI.2.C Contract Funds … Exception: If the Purchase Authorization provides for a guaranteed minimum purchase, a pre-encumbrance reserving …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizationsDiNapoli Releases East Harlem Economic Snapshot
… particularly for long-term residents struggling to get by on limited means. East Harlem continues to be a center of … which is a testimony to the entrepreneurial and MWBE spirit of East Harlem residents and business community," said … three-quarters had fewer than 10 employees. While only 2 percent of the businesses employed 100 or more workers, …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-releases-east-harlem-economic-snapshotNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… New York State Comptroller Thomas P. DiNapoli announced today that the New York State Common Retirement Fund (Fund), valued at an … the United States by the Asset Owners Disclosure Project. “New York State’s pension fund is at the leading edge of … New York State Comptroller Thomas P DiNapoli announced today …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetImplementation of Selected Aspects of the Climate Mobilization Act
… the criteria outlined in the law to annually measure their energy consumption through a process called benchmarking. The … related to the CMA. The stated goal of the outreach and assistance program is to accelerate the adoption of energy … had an initiative to contact private building owners by phone to advise them on how to meet the emission reduction …
https://www.osc.ny.gov/state-agencies/audits/2026/04/21/implementation-selected-aspects-climate-mobilization-act14th Annual Emerging Manager & MWBE Conference
… small and medium-sized businesses affected by hurricanes Maria and Irene. Prior to founding Yorkstone, Mr. Hernandez … small and medium-sized businesses affected by hurricanes Maria and Irene. Prior to founding Yorkstone, Mr. Hernandez … small and medium-sized businesses affected by hurricanes Maria and Irene. Prior to founding Yorkstone, Mr. Hernandez …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferenceDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… economy given current developments. To their credit, Mayor de Blasio and the City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his preliminary executive budget for …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers
… been sentenced to five years of probation and will each pay $1.5 million in restitution to Met Council. As part of … sentenced to 3 1/3 to 10 years in prison, and ordered to pay $3 million in restitution to Met Council. Herb Friedman … and sentenced to four months in jail, and ordered to pay $775,000 in restitution to Met Council. Joe Ross is …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokersDiNapoli: NYC Experiencing Record Job Growth
… Job growth in New York City has outpaced the nation and New York state … is at a record level and more jobs are being created in the boroughs outside of Manhattan than ever before." Employment in New York City increased by 18.9 percent between 2009 and … Job growth in New York City has outpaced the nation and New York state …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-nyc-experiencing-record-job-growth